8990 Holdings, Inc., one of the fastest-growing
real estate developers in the country and listed on the Philippine Stock
Exchange under the symbol “HOUSE,” has partnered with the SM Group, making SM
Hypermarket its anchor tenant for Deca Mall, its Php 452-million community mall
set to open in the second quarter of 2019 in Tondo, Manila.
Occupying 3,073 square meters, SM Hypermarket will
offer a wide array of both food and non-food products. This is in response to
varying lifestyle needs of Urban Deca Homes Manila residents and those in surrounding
areas. The two-storey Deca Mall will host up to 450 small and medium enterprise
(SME) tenants. It has a total gross area of 18,000 square meters and a gross
leasable area of 14,547 square meters.
Deca Mall is located within Urban Deca Homes
Manila, a 13-tower residential complex offering over 13,000 units with an
estimated sales value of Php 20 billion. Situated in an 8.4-hectare property, it
is the first large scale mixed-use development to rise in Tondo.
Targeting residents of Tondo and those living
in the Port Area, Intramuros, Divisoria and the Camanava
(Caloocan-Malabon-Navotas-Valenzuela) area, Urban Deca Homes Manila addresses
the housing needs in the most densely-populated area in Metro Manila.
“By bringing in SM Hypermarket as the anchor
tenant of Deca Mall, Urban Deca Homes residents and those from the environs no
longer have to travel far for their everyday shopping needs,” says 8990 Holdings
president and chief executive officer Willie J. Uy. “Ultimately, it’s all about
delivering convenience and a better quality of life for Manileños.”
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