CLARK FREEPORT – SM Development Corporation (SMDC) will start its low-cost housing project next month in a 25-hectare property at Barangay Bundagul, Mabalacat City.
Noel M. Roldan, SMDC associate sales director, said 21 hectares is for the housing project while the remaining 4.1 hectares is intended for amenities such as clubhouse, basketball court and commercial areas where SM mall would be erected.
“SMDC will start developing the area next month for Phase 1,” said Roldan adding that SMDC will build a total of 3.038 housing units within the entire community with SM mall at affordable and very low price.
Each housing unit has a total of 22 square meters floor area seated in 37 to 39 sqm lot.
Rolda, who was the guests during Friday’s Kapihan at Bale-Balita here hosted by Kapampangan Media in Action (KAMI), said SMDC intend to develop row houses or a cluster of four to six units.
The community will be called “Cheerful Homes”. Each housing unit will be constructed in a 37-square meter lot and would be open to members of PAGIBIG Fund.
Roldan said target completion of the socialized housing will be on 2020.
As of now, there is huge gap in the Philippine housing sector which currently has a backlog of over 5.5 million, said Roldan.
“Our mission is to provide a home that comes in a whole bundle of amenities that families can enjoy. Since it is SM, it will most likely have a Save More or an SM mall within the vicinity, making it convenient for families,” Roldan said.
The Cheerful Homes is part of the SMDC housing projects in Central Luzon. Similar project is situated in Bulacan.
Roldans said the proposed SM mall within the housing mall would provide residents convenience with a supermarket, department store and other dining and entertainment venues next door.
Mabalacat City is fast becoming a center of development not only in Pampanga but in the entire Central Luzon due to its proximity to Clark Freeport.