As SM Development Corporation (SMDC) marks its 20th anniversary, Chairman Henry Sy Jr.’s commitment to accessible homeownership shines through. Under his leadership, SMDC has grown from making homes attainable to building vibrant, sustainable communities, reflecting the Filipino dream.
Inspiration and vision
Inspired by his father, the late Henry Sy Sr., who transformed footwear access in the Philippines, Sy saw a similar gap in housing. “When we started SMDC, it was driven by a need. So many Filipinos dreamed of owning a home but couldn’t find options that made it possible,” Sy shared. “For him, it was shoes; for me, it was housing,” he continued, emphasizing his desire to create homes that provide stability without financial strain.
From homes to communities
Sy’s vision expanded over the years, focusing on homes and community. “True homeownership involves creating vibrant communities where people can feel secure, make memories, and truly belong,” he explained. SMDC developments now feature resort-style amenities, green spaces, and thoughtful services, enhancing residents’ quality of life and establishing SMDC as a leader in community-centered urban living.
Innovating through challenges
In a competitive market, Sy has kept SMDC’s properties accessible without sacrificing quality. “We’ve had to constantly innovate to keep our homes within reach while building trust with potential homeowners,” he noted. This approach allows SMDC to adapt to the evolving needs of Filipino families.
Sustainability for future generations
Looking ahead, SMDC remains committed to eco-friendly development, integrating green technologies, and energy-efficient features. “We’re investing in these not just because they’re good for the planet but because they create healthier, more vibrant communities,” Sy explained.
A legacy of belonging
Reflecting on his goals, Sy hopes SMDC’s legacy is one of stability and pride. “I hope our legacy lives on in people’s lives, those who say, ‘This is where I found stability and belonging,’” he shared. With 20 years behind them, SMDC continues embodying Sy’s vision, building lasting communities for generations.
