The 5-hectare condominium complex development of SM Development Corporation (SMDC) located in Upper Carmen, Cagayan de Oro City will be named VALE RESIDENCES. Sources state the project is now in the process of obtaining relevant pertinent permits and could start soon once all necessary clearances have been secured.

The property has been enclosed since last year with initial clearing works. A few heavy equipment have been observed onsite for several months already.

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A notice is also posted onsite regarding SMDC’s registration with the Department of Human Settlements and Urban Development (DHSUD) for the condominium development and utilization of the BALAI Program Incentivized Compliance.

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photo by TRip ni Tonio
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photo by TRip ni Tonio

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