SMDC Good Stays hosted the event “Monetize Your Investment with SMDC Good Stays” at Lush Residences in Makati City last June 22, 2024. The event aimed to educate property owners on maximizing rental income through SMDC’s comprehensive leasing and tenancy management services.
Travel Boom Fuels Rental Market Growth
The ongoing upgrade of Ninoy Aquino International Airport (NAIA) is set to boost the Philippines’ role in international travel. This project aims to increase NAIA’s capacity from 35 million to 62 million passengers annually. These improvements are expected to make the Philippines a key hub for tourism, business, and investment, increasing the value of rental properties. With major airlines expanding their services and the Department of Tourism’s new plans, tourist arrivals are expected to double by 2028 nearly. This highlights the importance of rental units in good locations, like those managed by SMDC Good Stays.
SMDC Good Stays: Simplifying Property Leasing
SMDC Good Stays is the official leasing and tenancy management arm of SM Development Corporation (SMDC). It offers a full range of services to make the rental process easy for property owners. These services include daily and long-term leases, property marketing, tenant sourcing, contract preparation, and maintenance.
SMDC Good Stays’ comprehensive tenant services are designed to ensure a seamless experience for both property owners and tenants. These services include tenant sourcing and screening, leasing management, tenant support, key safekeeping, payment assistance, and maintenance and repairs. Tenant sourcing and screening involve thorough background checks to ensure reliable tenants, while leasing management handles all aspects of the lease agreement. Tenant support provides ongoing assistance, addressing tenants’ needs and concerns promptly. Key safekeeping manages unit keys, providing easy access for tenants while ensuring security. Payment assistance helps with timely payment of utilities, real property tax, condo dues, insurance, and other related expenses. Maintenance and repairs ensure that properties remain in excellent condition, enhancing tenant satisfaction and retention.
Property Guru Carl Dy explained through his 6-Techniques for Unit Rental Success presentation how property owners can benefit from the booming travel industry by using SMDC Good Stays. “Investors can achieve a hassle-free rental experience and steady passive income with the professional management services offered by SMDC Good Stays,” Dy stated. He emphasized that SMDC Good Stays attracts reliable tenants, prepares units for occupancy, and maintains the property, allowing owners to focus on their returns.
Lush Residences: A Prime Investment Hub
Lush Residences, located just north of Makati’s central business district, offers a unique investment opportunity. The condominium blends nature with city living, providing a tranquil environment amidst the urban complex
Its proximity to Makati makes it ideal for professionals, while its green spaces and amenities enhance its appeal. As an investment, Lush Residences stands out due to its prime location and potential for high rental yields.
Turnkey Solutions for Investors
A key part of the event was the introduction of SMDC Good Home, a turnkey solution for investors. These include unit furnishing packages in partnership with SM affiliates such as Our Home, SM Home, SM Appliance Center, and ACE Hardware.
These packages are designed to make the move-in process easy for tenants and ensure units are ready for leasing. The packages include essential furnishings and appliances like beds, sofas, dining sets, refrigerators, and air conditioners. By offering fully furnished and move-in-ready units, these solutions reduce the time and effort needed to prepare properties for rental, increasing their appeal to tenants and maximizing rental value.
SMDC Good Stays continues to set the standard for modern living solutions, providing investors with innovative ways to maximize their real estate investments. To learn more about SMDC Good Stays, you may email smdc.leasing@smdevelopment.com, call +63 917 552 5943 or +632 8857 0100 loc 0328, follow on social media at @SMDCGoodStays, or visit the SMDC Good Stays website.