GENERAL SANTOS | SM City General Santos [3F|com] - Page 11

earlat · July 6th, 2009, 01:07 AM

Quote:

Originally Posted by jhunix

SM Prime Holdings eyes three more malls in Cebu
By Rhia de Pablo Updated July 06, 2009 12:00 AM

CEBU, Philippines - SM Prime Holdings Inc., the conglomerate that owns and manages SM shopping malls in the country is currently negotiating with three properties here in Cebu for possible sites of three new malls.
“We are still in the middle of negotiations but we will come out with some good news towards the end of the third quarter because we should be closing some deals by then,” said SM Prime Holdings president Hans T. Sy in an interview.

However, Sy stressed that they could not assure that these three properties will all be clinched but he hopes that they can get all three.

He also said that the three new properties will hopefully include the South Road Properties (SRP) site.
After SM Prime Holdings close the deals for the three new sites in Cebu this third quarter, they are targeting to construct the malls simultaneously within 18 to 30 months so that it will be ready for operation by 2011.

Sy said that there are certain formulas that they are looking for in acquiring a new site for their mall operations and traditionally, the size requirement is around four to five hectares because the size that is lower than that becomes a super center, a smaller version of existing SM malls.
The three sites that SM is negotiating with measures around 80,000 to 85,000 square meters with provisions to expand to 200, 000 square meters like SM City Cebu, said Sy.

“Cebu is ready for three new SM malls and we are looking at utilizing our new operation and expansion approach. We believe that there is enough market even during the crisis because people look at shopping malls now as substitute for public parks so we will continue to develop malls into a destination center where people can go and visit,” said Sy.

Just recently, SM acquired new sites in Davao and General Santos for new malls and nationwide, they are set to open a supercenter in Las Piñas this October and in Rosario, Cavite this November.

Currently, SM has 36 malls all over the country and abroad as three of which is in China.

Sy bared plans to put up a fourth SM mall in Suzhou, China and expand its existing Xiamen operations.

“China is our growth story for the next five years. We are up against big competitors in China so our strategy is to move in to second to third tier cities which are areas that have never heard of shopping centers,” said Sy.

Aside from their plans to open another SM mall in China, the company is also looking at opening four new malls in 2010 which will include Tarlac, Antipolo and Calamba.

“Right now our main focus is in the Philippines because we still see a lot of growth here although everybody knows SM already. We will continue to strengthen our organization and we constantly tell our people to focus on Cebu which is currently the best place to be in Visayas and Mindanao. We are bullish of Cebu and we definitely have to have a second SM site here,” said Sy.

hala noh, exciting diay kaayo ang next few months sa gensan kay may construction boom jud..

Fahdingding · July 6th, 2009, 01:21 AM

Wow! Tuloy na Tuloy na talaga ang SM! Sana This year ang start ng construction!

earlat · July 6th, 2009, 01:25 AM

Quote:

Originally Posted by Fahdingding

Wow! Tuloy na Tuloy na talaga ang SM! Sana This year ang start ng construction!

Para daghan na ta ug choices sa laag and shopping..

Fahdingding · July 6th, 2009, 01:30 AM

Quote:

Originally Posted by earlat

Para daghan na ta ug choices sa laag and shopping..

And Hope ang NCCC ay maginvest din sa gensan, knowing they have already owned a property in the National Highway! Anyway, 4 big malls in Gensan is not too bad...

Ang Tourism Industry na naman dapat tutukan LGU ng Gensan para dumami mga turista sa siudad...

earlat · July 6th, 2009, 01:33 AM

I agree. Having 4 malls is already a great thing. More choices is better than no choice at all. .

Fahdingding · July 6th, 2009, 01:36 AM

Quote:

Originally Posted by earlat

I agree. Having 4 malls is already a great thing. More choices is better than no choice at all. .

yah, thats right... pero let us expect the sudden rise of traffic in GSC... if today pinakatraffic na part ng gensan is J. Catolico ngaun pati Santiago Blvd, traffic na rin.... sayang mas maganda sana kung sa apopong nalagay SM... para distribute ang mga malls.. anyway!

earlat · July 6th, 2009, 01:39 AM

Yeah, sabi nga nila traffic is beginning to worsen jan sa part na na-mention mo. Sana nga SM will be in a different place kasi it's getting crowded na rin talaga sa J. Catolico and Santiago Blvd.

Yun yung downside ng development.. Pero with the LGU such as ours, I think they have remedies in place.

Fahdingding · July 6th, 2009, 01:46 AM

Buti na lang nakalagay na sila traffic lyts sa santiago - national highway junction... august ang start ng operation ng traffic system.. and one more, dapat gawin ng six - lanes yung half part ng santiago kasi six lanes na eh from the public market to gillamc's...

at may bago pa itatayo traffic lyts sa MAKAR at BULA - LAGAO Road...

earlat · July 6th, 2009, 01:52 AM

Quote:

Originally Posted by Fahdingding

Buti na lang nakalagay na sila traffic lyts sa santiago - national highway junction... august ang start ng operation ng traffic system.. and one more, dapat gawin ng six - lanes yung half part ng santiago kasi six lanes na eh from the public market to gillamc's...

at may bago pa itatayo traffic lyts sa MAKAR at BULA - LAGAO Road...

Really? This is such a great news. How about placing some overpass sa mga roads na kailangan, especially sa National Highway?

Any news about that? thanks by the way sa information..

Fahdingding · July 6th, 2009, 01:55 AM

Quote:

Originally Posted by earlat

Really? This is such a great news. How about placing some overpass sa mga roads na kailangan, especially sa National Highway?

Any news about that? thanks by the way sa information..

overpass? as of now wala pa? cguro mas maganda if iexpand din muna national highway into six - lane! is it possible pa ba without cutting those big trees? hehehehe!

earlat · July 6th, 2009, 02:15 AM

Well, as much as possible they should minimize the cutting of trees. With the global warming and all the environmental issues that we're having, it's not really helping matters if we continue to cut those trees.. Any news po sa park natin jan? I've heard that they're trying to beautify it?

Fahdingding · July 6th, 2009, 02:46 AM

Quote:

Originally Posted by earlat

Well, as much as possible they should minimize the cutting of trees. With the global warming and all the environmental issues that we're having, it's not really helping matters if we continue to cut those trees.. Any news po sa park natin jan? I've heard that they're trying to beautify it?

Yes! matatapos na renovation ng GSC Park... Mganda na xa at opening na this august sabay ng pag activate ng 2 new traffic lyt system sa gensan...

next Queen Tuna Park and Oval Plaza!

earlat · July 6th, 2009, 03:23 AM

Quote:

Originally Posted by Fahdingding

Yes! matatapos na renovation ng GSC Park... Mganda na xa at opening na this august sabay ng pag activate ng 2 new traffic lyt system sa gensan...

next Queen Tuna Park and Oval Plaza!

Thanks sa info.

njdhodz · July 6th, 2009, 03:29 AM

wow ha... sana nag di mag ka buhol2x ang mga sasakyan sa j. catholico str. pag nag open na talaga rob.at sm.. ehhh bka my plano na ang LGU niyan... di pa natin alam... nice na mga road ng gensan pag mag six lane at lahat sana nag mine road lagyan ng trafic lyt... lago na jud ang gensan... yeheei

njdhodz · July 6th, 2009, 03:32 AM

nice na din plasa ng gensan maganda na mga lyt na nilalagay nila...ehh lapit na din matapos... wow na maliwanag na ang plasa.. wala siguro mag date at mag tago sa madilim niyan..hehehe

njdhodz · July 6th, 2009, 03:33 AM

saan kaya sa bula ilagay ang trafic lyt?

earlat · July 6th, 2009, 04:18 AM

Quote:

Originally Posted by njdhodz

nice na din plasa ng gensan maganda na mga lyt na nilalagay nila...ehh lapit na din matapos... wow na maliwanag na ang plasa.. wala siguro mag date at mag tago sa madilim niyan..hehehe

A well-lit plaza is a good thing. Para mawala na ang mga bad elements lurking sa park.

Fahdingding · July 6th, 2009, 04:33 AM

Quote:

Originally Posted by njdhodz

saan kaya sa bula ilagay ang trafic lyt?

Yung 2 additional traffic lyt systems ay sa MAKAR Junction at sa J. Catolico - Bula/Lagao Road sa may Robinson's...

Meaning 6 traffic lyts na meron ang gensan...

Fahdingding · July 6th, 2009, 04:35 AM

Quote:

Originally Posted by earlat

A well-lit plaza is a good thing. Para mawala na ang mga bad elements lurking sa park.

Yah Maganda na talaga GSC Park now... marami ng lighting system, may parking area, dancing waterfalls at LAGOON!

Maganda talaga din if madevelop ang Queen Tuna Park at Oval Plaza para sa Tourism ng Gensan....

earlat · July 6th, 2009, 04:44 AM

dancing waterfalls?? Amazing.. Bongga na gyud kung inana.. Kudos to everyone!

July 6th, 2009, 01:21 AM	#202
Fahdingding Student of History Join Date: Jan 2009 Location: General Santos City Posts: 712 Likes (Received): 0	... Wow! Tuloy na Tuloy na talaga ang SM! Sana This year ang start ng construction! __________________ The fact that Mindanao has remained a "land of promise" because it is promised to the displaced people of Luzon and the Visayas. It is, otherwise speaking, governed like a "dumping colony" for the undesirables of the two other regions. At the same time Mindanao serves as a "milking cow" for corporate wealth." - Datu Michael Kudarat Mastura

July 6th, 2009, 01:33 AM	#205
earlat A Proud GENERAL Join Date: Sep 2006 Location: Gen. Santos City, Cebu City Posts: 773 Likes (Received): 1	I agree. Having 4 malls is already a great thing. More choices is better than no choice at all. . __________________ Signature deleted as per Rules for user signatures

July 6th, 2009, 01:39 AM	#207
earlat A Proud GENERAL Join Date: Sep 2006 Location: Gen. Santos City, Cebu City Posts: 773 Likes (Received): 1	Yeah, sabi nga nila traffic is beginning to worsen jan sa part na na-mention mo. Sana nga SM will be in a different place kasi it's getting crowded na rin talaga sa J. Catolico and Santiago Blvd. Yun yung downside ng development.. Pero with the LGU such as ours, I think they have remedies in place. __________________ Signature deleted as per Rules for user signatures

July 6th, 2009, 01:46 AM	#208
Fahdingding Student of History Join Date: Jan 2009 Location: General Santos City Posts: 712 Likes (Received): 0	... Buti na lang nakalagay na sila traffic lyts sa santiago - national highway junction... august ang start ng operation ng traffic system.. and one more, dapat gawin ng six - lanes yung half part ng santiago kasi six lanes na eh from the public market to gillamc's... at may bago pa itatayo traffic lyts sa MAKAR at BULA - LAGAO Road... __________________ The fact that Mindanao has remained a "land of promise" because it is promised to the displaced people of Luzon and the Visayas. It is, otherwise speaking, governed like a "dumping colony" for the undesirables of the two other regions. At the same time Mindanao serves as a "milking cow" for corporate wealth." - Datu Michael Kudarat Mastura

July 6th, 2009, 02:15 AM	#211
earlat A Proud GENERAL Join Date: Sep 2006 Location: Gen. Santos City, Cebu City Posts: 773 Likes (Received): 1	Well, as much as possible they should minimize the cutting of trees. With the global warming and all the environmental issues that we're having, it's not really helping matters if we continue to cut those trees.. Any news po sa park natin jan? I've heard that they're trying to beautify it? __________________ Signature deleted as per Rules for user signatures

July 6th, 2009, 03:29 AM	#214
njdhodz nj_than Join Date: Jun 2009 Location: general santos city Posts: 25 Likes (Received): 0	wow ha... sana nag di mag ka buhol2x ang mga sasakyan sa j. catholico str. pag nag open na talaga rob.at sm.. ehhh bka my plano na ang LGU niyan... di pa natin alam... nice na mga road ng gensan pag mag six lane at lahat sana nag mine road lagyan ng trafic lyt... lago na jud ang gensan... yeheei

July 6th, 2009, 03:32 AM	#215
njdhodz nj_than Join Date: Jun 2009 Location: general santos city Posts: 25 Likes (Received): 0	nice na din plasa ng gensan maganda na mga lyt na nilalagay nila...ehh lapit na din matapos... wow na maliwanag na ang plasa.. wala siguro mag date at mag tago sa madilim niyan..hehehe

July 6th, 2009, 03:33 AM	#216
njdhodz nj_than Join Date: Jun 2009 Location: general santos city Posts: 25 Likes (Received): 0	saan kaya sa bula ilagay ang trafic lyt?

July 6th, 2009, 04:44 AM	#220
earlat A Proud GENERAL Join Date: Sep 2006 Location: Gen. Santos City, Cebu City Posts: 773 Likes (Received): 1	dancing waterfalls?? Amazing.. Bongga na gyud kung inana.. Kudos to everyone! __________________ Signature deleted as per Rules for user signatures

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