SM Prime Holdings Inc.
MANILA, Philippines – SM Prime Holdings Inc. is moving closer to completing another upscale residential project within its sprawling Hamilo Coast estate in Batangas, with turnover of Balea Suites at Pico Terraces targeted by the fourth quarter of 2027.
The Sy-led property giant said on Wednesday that its unit, SM Leisure Resort and Residences (SM LRR), remains on track to deliver the project, which forms part of the P3-billion Pico Terraces development.
Balea Suites is the second residential tower launched within the five-building Pico Terraces community, following the introduction of Ardea Suites in 2023. Both towers reached their topping-off milestone in April 2025.
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