SMDC brings Pag-IBIG Fund homebuyer roadshow to Iloilo and Bacolod

SM Development Corp. (SMDC) held its Pag-IBIG Fund Home Ownership Weekend in Iloilo and Bacolod from Oct 16 to 18, extending the partnership signed in Manila on Sept 8. The events included a walkthrough at Glade Residences and a handover ceremony at Molo Mansion.

SM Development Corp. (SMDC) has brought its homebuyer outreach with Pag-IBIG Fund to Visayas, holding a three-day Home Ownership Weekend in Iloilo and Bacolod from Oct 16 to 18. The events follow the partners' Sept 8 agreement in Metro Manila and take the collaboration into regional communities where prospective buyers can visit SMDC developments and get guidance on housing finance.

The regional effort was marked on Oct 16 by a walkthrough at Glade Residences in Jaro, Iloilo, followed by a symbolic handover ceremony at Molo Mansion. The venue, the Yusay-Consing ancestral house acquired and restored by the SM Group, was adapted into a destination for Ilonggo culture, crafts and local products, adding a local connection to SMDC's homeownership vision.

In Iloilo, Glade Residences offers studio and one-bedroom homes in Barangay Balabago, Jaro. Its development plan includes landscaped open spaces, swimming pools and a children's playground, with access to schools and healthcare institutions including Central Philippine University and Metro Iloilo Hospital and Medical Center. In Bacolod, Smile Residences offers condominium living beside SM City Bacolod, while Parkville provides residential lots along Burgos Avenue for buyers planning to build their own homes.

SMDC's regional portfolio also includes Vail Residences in Cagayan de Oro, supporting its wider ambition to reach more prospective homeowners across Visayas and Mindanao. The company has a regional office in Iloilo that handles sales processing, contract documentation and customer support for buyers in Iloilo and Bacolod.

"People build their lives in a community long before they buy a home there," said Jessica T. Sy, vice-president and head of design, innovation and strategy of SM Prime and SMDC. "For us, building a nation of homeowners means helping more families own a home where they have chosen to build their future."

Pag-IBIG Fund chief executive officer Marilene C. Acosta said the agency is working with developer partners under President Ferdinand R. Marcos Jr.'s Expande 4PH Program to make more quality homes available to Filipino workers at affordable prices. "Through our partnership with SMDC, we are bringing more housing choices closer to our members in Iloilo, Bacolod and other parts of the Visayas," she said.

The regional effort was marked on Oct 16 by a walkthrough at Glade Residences in Barangay Balabago, Jaro, Iloilo, followed by a symbolic handover ceremony at Molo Mansion, the Yusay-Consing ancestral house restored by the SM Group. In Bacolod, Smile Residences offers condominium living beside SM City Bacolod, while Parkville provides residential lots along Burgos Avenue for buyers planning to build their own homes.

SMDC's regional portfolio also includes Vail Residences in Cagayan de Oro, supporting its ambition to reach more prospective homeowners across Visayas and Mindanao. The company has a regional office in Iloilo handling sales processing, contract documentation and customer support for buyers in Iloilo and Bacolod.

Through the Pag-IBIG Fund partnership, buyers can ask about participating accredited SMDC projects, request estimated financing computations and understand the documents they need to prepare. Pag-IBIG Fund financing is available for qualified borrowers purchasing eligible properties, with the fund determining borrower eligibility, property appraisal, actual loan amounts and final approval under its applicable requirements.