SM Prime Holdings, Inc. (SMPH) continues to demonstrate resilience and growth, particularly through its retail segment, which benefits from strong consumer foot traffic and sustained tenant demand across its malls. This steady performance is complemented by a sequential uptick in residential reservation sales, driven by aggressive promotional strategies and the tailwind of easing interest rates, which have improved affordability and buyer sentiment. The resurgence of demand in the mid-income housing market—historically a key driver of SMPH’s residential revenues—signals a potential turning point for the segment, suggesting that the broader property market may be entering a recovery phase. These developments collectively reinforce a positive outlook for SMPH, as its diversified portfolio positions it well to capture upside from both consumption-led growth and a rebound in real estate activity.

(Disclaimer: This is general investment information only and does not constitute an offer or guarantee, with all investment decisions made at your own risk. The bank takes no responsibility for any potential losses.)