SM Development Corp. (SMDC), the property arm of the Henry Sy-led SM Group, will spend up to P18 billion in 2014 as it plans to build four new developments as well as expand some of its existing projects.
SMDC President Jeffrey Lim said in an interview with reporters on Wednesday night that SMDC will launch four new projects in Metro Manila next year, which will bring the total number of its units to 11,000 from the 10,000 units it will have toward the end of this year.
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