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SM Prime to Spend P25B for Pasay Reclamation Project

The Philippine Star

|

May 02, 2025

SM Prime Holdings Inc., the listed integrated property developer of the Sy family, is set to spend P25 billion this year for its ongoing reclamation project in Pasay City.

- By RICHMOND MERCURIO

SM Prime president Jeffrey Lim said the company would complete sand pouring by the end of the year, with horizontal development to commence after.

He said the master plan is also being finalized to allow infrastructure works to begin as soon as possible.

"Documentation or titling is progressing as planned, with full project handover to the national government and the Pasay City local government unit targeted for 2028," Lim said.

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