MANILA, Philippines — Southeast Asian property giant SM Prime Holdings grew net profit in the first three months by 16 percent year-on-year to P8.8 billion on higher earnings from rental portfolio and residential development.

SM Prime Holdings, Inc., one of the leading integrated property companies in Southeast Asia, reported that its consolidated net income rose 16 percent to P8.8 billion in the first quarter of 2019 from the P7.6 billion earned in the same period last year.

SM Prime Holdings Inc., the country’s leading integrated property company, said Monday it posted a net income of P8.8 billion in the first quarter, up 16 percent from P7.6 billion in the same period last year, on the back of steady growth in rental revenues and residential sales.

SM City Fairview just got bigger and better with the recent opening of its Parkway Expansion Wing.

SM Supermalls won 45 Asia-Pacific Stevie Awards – out of the 104 Asia Pacific Stevie Awards bagged by Philippine companies and out of more than 900 nominations for innovative achievements in the entire Asia-Pacific region this year.

Taal Basilica, Villavicencio Wedding Gift House and Marcela Agoncillo Museum are just some of the few must-visits in Taal’s heritage rich town.

Infrastructure is growing at a steady pace. Park Inn by Radisson Iloilo just opened adjacent to SM Iloilo Mandurriao

If you are lost or confused in the vastness of SM Megamall, look for SAM and he/she will help you get to where you want to go or give you the information you need.

SM City Fairview just got bigger and better with the recent opening of its parkway-expansion wing.

GrabPay, the mobile wallet of Southeast Asia’s leading app Grab, gears up to become one of the largest and most rewarding everyday mobile wallets in the Philippines this year.