Business Outlook: SM Prime EVP Jose Jugo on navigating uncertainties in premium real estate | ANC

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Business Outlook: SM Prime EVP Jose Jugo on navigating uncertainties in premium real estate | ANC

Published May 20, 2026 | Source: ANC Alerts

in Manila's bustling business district, SM Prime Holdings continues to chart a steady course amid shifting market winds. During a recent appearance on ANC's Business Outlook, EVP Jose Jugo shared how the company's Signature Series by SM Residences is adapting to uncertainties in the premium real estate sector. Speaking with hosts Salve Duplito and Ron Cruz, Jugo highlighted the importance of thoughtful location choices and flexible design that still deliver the luxury Filipino families expect.

Jugo noted that rising construction costs and global economic pressures have prompted SM Prime to focus on long-term value rather than short-term trends. By emphasizing sustainable features, community amenities, and proximity to key transport links, the Signature Series aims to remain attractive to discerning buyers even when confidence dips. He stressed that SM's decades-long presence in Philippine property development gives it the resilience to weather cycles that might unsettle newer players.

From a Filipino perspective, these strategies matter deeply. Premium homes are represent stability for multigenerational households and a source of pride for overseas workers sending remittances home. Jugo's outlook suggests that careful planning can turn today's uncertainties into tomorrow's opportunities, keeping the dream of upscale yet grounded living within reach for more Filipinos.

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