SM expands residential dev't in CDO

SM Development Corp. (SMDC), the residential arm of the SM Group, is seeing strong demand for the new phase of its residential development in Cagayan De Oro.

- By RICHMOND MERCURIO

SMDC is expanding its offering in CDO to cater to the growing demand of home seekers in the city.

Last July, SMDC launched the second phase of Vail Residences, providing more investment opportunities in the development.

The first phase of Vail Residences was sold out in just three months.

SMDC said the second segment has recorded 45 percent of units sold in under a month since its launch.