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#1 |
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The Aviator
Join Date: Feb 2006
Posts: 976
Likes (Received): 4
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GENERAL SANTOS | SM City General Santos [3F|com]
SM group eyes mall in General Santos City
GENERAL SANTOS CITY — SM Prime Holdings, Inc. has expressed interest to build a shopping mall in this city, posing a potential competition to two established malls and another in the pipeline. ![]() The mall giant expressed the intention to local government officials through affiliate Shopping Center Management Corp. "It’s 80 to 90% sure that SM is putting up a branch here... and this is a welcome development. Their people had discussed the project with the local government," General Santos Mayor Pedro B. Acharon said. Rival Robinsons Land has started building a P2-billion mall that is expected to open in June next year. The other two malls that have been operating here for years are the Gaisano Mall and KCC Mall. The Sy-owned mall developer has yet to give the green light for the branch, although it has posted an Internet ad searching for a lease manager for SM City-General Santos. Efforts to reach officials of the lease department of SM Super-Malls in Manila were unsuccessful. Mr. Acharon told BusinessWorld SM Supermalls and the landowner of a potential site, the Salazar family, are still in talks. Included in the discussion are the traffic problem in the narrow San Miguel St. SM reportedly plans to just lease the eight-hectare property for 50 years from the landowner. Mr. Acharon saw no problem in the viability of the business venture, but cited a concern voiced by micro- and small entrepreneurs. With the entry of big shopping malls, small businessmen fear they will get displaced, the mayor said. "But I told them that this can be an opportunity for them... That they should think big or reevaluate their strategies to keep pace with the competition brought by these big stores," he added. Mr. Acharon noted that in the case of Davao and Iloilo, small entrepreneurs there managed to adjust six months after giant malls start operations. Aside from expanding to the provinces, the SM group is also busy building malls abroad. It plans to open one or two more malls in China even as it continues to expand its mall network in the Philippines over the next five years. — Romer S. Sarmiento
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#2 |
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The Aviator
Join Date: Feb 2006
Posts: 976
Likes (Received): 4
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http://en.wikipedia.org/wiki/SM_City_General_Santos
Wikipedia article for SM City GenSan... regarding the negotiations, from what I've heard last, it's final... Dunkin will still be on their existing site...
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#3 |
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The Aviator
Join Date: Feb 2006
Posts: 976
Likes (Received): 4
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GenSan will soon be the only city in Mindanao to have both a Robinsons Place and SM City....
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Bangkok - Batam Island - Detroit - Dubai - Ho Chi Minh - Hong Kong - Jakarta - Johor Bahru - Kaohsiung - Kota Kinabalu - Kuala Lumpur - Los Angeles - Las Vegas - Manila - Narita - New York - Orlando - Osaka - San Francisco - Seoul - Shenzhen - Siem Reap - Singapore - Taichung - Taipei - Toronto - Washington DC
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#4 | |
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BANNED
Join Date: Jun 2006
Location: Manado
Posts: 4,888
Likes (Received): 2
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http://ph.jobstreet.com/jobs/2008/11...14108.htm?fr=c
Quote:
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#5 | |
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The City of Smiles
Join Date: Aug 2008
Location: East Bacolod, Philippines
Posts: 293
Likes (Received): 0
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Quote:
![]() I think Davao will also have Robinsons and SM.
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I ♥ BCD
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#6 |
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BANNED
Join Date: Jun 2006
Location: Manado
Posts: 4,888
Likes (Received): 2
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I think he meant yung full-fledged na Robinsons Place, yung sa CdeO kasi at (soon) sa Davao, parang bitin
the one in Cdeo feels like wing lang ng LimKetKai and the one in Davao is more of a BPO facility with a Retail component (although may Robinsons Place na nakalagay sa perspective) |
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#7 |
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A Proud GENERAL
Join Date: Sep 2006
Location: Gen. Santos City, Cebu City
Posts: 776
Likes (Received): 1
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I'm currently in Gensan and looking at the proposed site, the structures are still there. Dunkin Donuts, etc...
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#8 |
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NAMASTE
Join Date: Sep 2008
Location: cagayan de oro
Posts: 4
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during the the opening of our new branch... i happened to listen to the conversation of our big boss and dr. acharon (wife of the mayor) straight from her mouth she said hopefully this year Sm will be in gensan... I mean before construction maraming papel ang kailangan lakarin.... and the company has to comply with that... Just crossing fingers with the info...Gensan is not just one of the progressive cities in Mindanao but in RP considering the population and the market, SM if materialized soon will have have a place in SOCSARGEN.....I once been employed at SM, i know the company,s standards bakit sila dinudumog ng tao....as the logo says... " weve got it all for you"
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Only fools and people who dont have dreams retreat in the battlefield
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#9 | |
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A Proud GENERAL
Join Date: Sep 2006
Location: Gen. Santos City, Cebu City
Posts: 776
Likes (Received): 1
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Quote:
That's good to hear.
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#10 |
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Not Registered
Join Date: Oct 2007
Location: Pagadian, Zamboanga del SUr
Posts: 92
Likes (Received): 4
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unsa nay update ani?
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Asenso Pagadian Gwapo Pagadian
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#11 |
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light years
Join Date: Jul 2008
Location: hangar
Posts: 768
Likes (Received): 19
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#12 |
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Registered User
Join Date: Sep 2008
Posts: 894
Likes (Received): 13
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kelan ang construction?
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#13 |
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Student of History
Join Date: Jan 2009
Location: General Santos City
Posts: 712
Likes (Received): 0
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Construction?
When Would be the construction commence? is it true that the negotiation between Sm and the Salazar Family broke down? hopefully, SM will be constructed in Apopong...
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#14 | |
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Capo di Tutti Capi
Join Date: Mar 2006
Location: Santiago de Compostela
Posts: 2,185
Likes (Received): 7
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Quote:
there is a big possibility that this project will not push through. according to my mole, there are some objections to this project within the sy family. there is also a rumor that negotiations between the lot owners and the sy's have broken down. lets cross our fingers that this is not true. lets hope for the best.
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#15 |
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Registered User
Join Date: Oct 2008
Posts: 5,230
Likes (Received): 456
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heard also about this news..from the grapevine..
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#16 |
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Just Registered
Join Date: Jun 2007
Location: 15th Ave. QC
Posts: 1,371
Likes (Received): 24
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re-post old article
SM GenSan’s Future Site?
17 September 2008 Bariles Republic has been receiving a lot of queries with regard to the entry of SM Supermalls in the Tuna Capital after we came out with a post on Robinsons GenSan last June 20, 2008. A lot of speculations have sprung up and so far, there is no definite word yet on the real score. But for the good news! Yes, it is true that the representatives of Henry Sy, owner of SM have been talking with the family who owns the land where they want to set up SM CITY-GenSan. Furthermore, according to my reliable source, SM only wants to lease the lot for 50 years and not to purchase it. The next question then should be - when are both sides going for the signing of the Lease Agreement so that construction could start very soon? My lips are sealed for now but for those who want to find out the exact location of this lot, here is a map furnished to me by Jing Velos and edited for this post’s purpose by Jay-Mar Monjas.
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Last edited by GearX; February 2nd, 2009 at 03:09 AM. |
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#17 |
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BANNED
Join Date: Nov 2007
Posts: 165
Likes (Received): 0
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Tama SM mostly leases land...even their Largest Mall (SM City North Edsa) is allegedly sitting on leased land.
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#18 |
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General
Join Date: Jul 2008
Location: Land of the Generals
Posts: 13
Likes (Received): 0
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papresyo ng mga salazar...
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#19 | |
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Capo di Tutti Capi
Join Date: Mar 2006
Location: Santiago de Compostela
Posts: 2,185
Likes (Received): 7
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Quote:
megamall used to be leased land, but sm prime already bought the land. sm gen san lang ang leased land.
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All work and no play is totally missing the point. -Jose Cuervo Success! |
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#20 |
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Capo di Tutti Capi
Join Date: Mar 2006
Location: Santiago de Compostela
Posts: 2,185
Likes (Received): 7
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good new brothers and sisters of gensan.
toluy na tuloy na ang sm city gen san. but the opening will be pushed back to the last quarter of 2011.
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