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  1. Join Date
    Jan 2007
    Posts
    4,459
    #11
    Quote Originally Posted by oldblue View Post
    btw did you know that SM is set to open

    SM Taytay
    SM Marikina
    SM Muntinlupa
    3rd Bldg. Expansion of SM San Fernando (magsinlaki na sila halos ng North Edsa ah, which incidentally binista ko yun kapitbahay na Robinson Starmills, halos buong 2nd floor ng starmills sarado na wala na tenant, luge!)

    wow! where does he (Henry Sy) get all those money?
    Chinese Cartel?

  2. Join Date
    Apr 2007
    Posts
    286
    #12
    i'm sure mabwi-bwisit mga kumuha ng unit jan. pagdating ng rainy season, puro baha ang maeexperience nila, lalo na pagbinaybay nila along araneta ave. dun sa tapat ng SO-EN. katakot takot na baha ang maaabot nila..

  3. Join Date
    May 2007
    Posts
    26
    #13
    its one of the reasons that i transfered here in laguna eh, ayoko na ng trapik,basura sa kalye mga namamalimos etc.,thank god d ko na eexperience ang lahat ng mga yan pero just the same nakikiisa pa rin ako sa mga hinaing nyo .....hehehe..thats all folks..HAPPY MOTORING AND SAFE TRACKING TO ALL.......

  4. Join Date
    May 2005
    Posts
    6,090
    #14
    Quote Originally Posted by oldblue View Post
    btw did you know that SM is set to open

    SM Taytay
    SM Marikina
    SM Muntinlupa
    3rd Bldg. Expansion of SM San Fernando (magsinlaki na sila halos ng North Edsa ah, which incidentally binista ko yun kapitbahay na Robinson Starmills, halos buong 2nd floor ng starmills sarado na wala na tenant, luge!)

    wow! where does he (Henry Sy) get all those money?
    He is also expanding and renovating SM North Edsa by building a new annex and doing an all out facelift. This is in response to TriNoMa.

    He gets financing from various institutional lenders all over the world to finance his projects. He then primarily uses his mall's rent income to pay them off at a later time.

  5. Join Date
    Apr 2005
    Posts
    978
    #15
    Quote Originally Posted by oldblue View Post
    btw did you know that SM is set to open

    SM Taytay
    SM Marikina
    SM Muntinlupa
    3rd Bldg. Expansion of SM San Fernando (magsinlaki na sila halos ng North Edsa ah, which incidentally binista ko yun kapitbahay na Robinson Starmills, halos buong 2nd floor ng starmills sarado na wala na tenant, luge!)

    wow! where does he (Henry Sy) get all those money?
    BDO....DBP....

  6. Join Date
    Feb 2004
    Posts
    65
    #16
    i live just a block away, and i always take the road beside it everytime.

    madumi nga sila magtrabaho, laging baha yung kanto and hirap tumawid. puros putik and cement yung kalye (wawa oto). pero isa sa nakakabanas talaga, ilang beses na sumasabit yung mga truck nila sa linya ng cable/telephone kaya ilang beses na rin kami nawawalan ng service...


    pero ang pinakakinaasaran ko sa area na yan ay yung mga pesky jeepneys and pedicabs na ginawang terminal yung kalsada dyan. grrr... e mas traffic pa dumaan diyan sa street na yan kumpara sa maghintay sa stoplight sa araneta eh.

  7. Join Date
    Jun 2006
    Posts
    2,605
    #17
    Quote Originally Posted by oldblue View Post
    btw did you know that SM is set to open

    SM Taytay
    SM Marikina
    SM Muntinlupa
    3rd Bldg. Expansion of SM San Fernando (magsinlaki na sila halos ng North Edsa ah, which incidentally binista ko yun kapitbahay na Robinson Starmills, halos buong 2nd floor ng starmills sarado na wala na tenant, luge!)

    wow! where does he (Henry Sy) get all those money?
    He owns BDO, Equitable-PCI, China Bank. He also has several publicly listed companies. He also gets money from institutional lenders from all over the world as previously mentioned. He is using other peoples money.

    Even if his provincial malls does not make money, its still better for him to keep on building. He earns from the real estate value and it keeps his tax payments down. As long as he is building, he has a lot of expenses which he can use to lower his income tax and vat payments.

  8. Join Date
    Oct 2002
    Posts
    1,829
    #18
    last weekend, i saw SM tagaytay constuction going on near the casino.
    hanggang 2nd floor na ang nagagawa, pero walang gaanong alikabok.
    probably dahil very open ang area?

  9. Join Date
    May 2005
    Posts
    497
    #19
    Quote Originally Posted by Horsepower View Post
    Baka daw dagdag gastos pa pag kinontain yung mga alikabok at dumi kaya pinapabayaan na lang.

    Medyo baboy nga sila trumabaho. Maraming barko pa ng bigas ang kakainin ng SM bago nila mapantayan ang standards ng Ayala. Kaya hindi matanggal ang "bakya" stigma sa SM e. Yung Ayala, effortlessly upscale.

    hahaha... this is so true. anyway, I had a chance to talk to some of the engineers of SM (the ones involved in non-mall related constructions), all I can say is they seem to be arrogant, they act as if they are gods. I was really surprised, completely opposite to the engineers and staff involved in the Trinoma who were all accomodating.

  10. Join Date
    Dec 2004
    Posts
    3,572
    #20
    Quote Originally Posted by oldblue View Post
    btw did you know that SM is set to open

    SM Taytay
    SM Marikina
    SM Muntinlupa
    3rd Bldg. Expansion of SM San Fernando (magsinlaki na sila halos ng North Edsa ah, which incidentally binista ko yun kapitbahay na Robinson Starmills, halos buong 2nd floor ng starmills sarado na wala na tenant, luge!)

    wow! where does he (Henry Sy) get all those money?
    Nakalimutan nyo yata na naging major shareholder ang Marcos family sa SM nung 80's at hanggang nagyon mayroon parin(ganoon din sa Robinsons).. At least mas ok to kaysa sa Puregold supermarket na nagsulputan(pera na ninakaw ni GMA daw naman dito ang ginagamit)..

    Nakita ko na yung Mezza at kung mayroon man baha dyan eh for sure hindi na kasalanan ng SM yan..

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SM Mezza Residences