SMDC claims not owner of Silverio compound but docs show tie-up with NHA on medium rise building

Who is the developer for Paranaque Mayor Bernabe’s housing plan in Silverio Compound? Take note that @officialSMDC made a statement in twitter that they are not owners of Silverio Compound.

“We’d like to make of record that SMDC is not the owner of the Silverio compound & doesnt plan to develop a condo in the area.”

But check out the SMDC statement and the Paranaque Housing office paper.


Image via Tudla Productions

Tudla Productions says “SMDC denies ownership of Silverio Compound and hand behind demolition. Safe statement; for, actually Pque LGU needs to first change expropriation plans for Silverio Compound or not implement pertinent 2003 city ordinance to award land to residents via CMP. But Pque Local Housing Devt Office document listed SMDC as partner to develop medium-rise housing in 3 hectares of 9.8 hectares of Silverio Compound. What is the hand of Henry Sy’s SMDC in the displacement of 28k families? Will they never EVER be really part of the medium-rise housing development in Silverio Compound? Time will tell. Will time tell. —”

Mayor Bernabe replies in Facebook that this is only a recommendation of the local housing office to NHA. Here are documents on the Silverio Compound Demolition

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