SM Leisure Resort and Residences (SM LRR), a division of SM Prime Holdings, Inc. (SM Prime), is scheduled to ship Balea Suites at Pico Terraces within the Hamilo Coast property, Batangas, by the fourth quarter of 2027.
Artist’s perspective of Balea Suites at Pico Terraces.
“Market reception for Balea Suites has been sturdy, with most models already taken up,” mentioned Imee Francisco, Senior Vice President and Head of Costa del Hamilo, Inc. “The distinct seaside setting, exclusivity and facilities of Hamilo Coast make the challenge a compelling possibility for discerning patrons.”
Balea Suites, a part of the P3-billion Pico Terraces growth, is the second residential constructing within the five-tower neighborhood, following the profitable launch of Ardea Suites in 2023. Each towers had been topped off in April 2025.
Pico Terraces is designed as a “resort inside a resort,” offering residents with non-public facilities whereas remaining linked to the 5,900-hectare Hamilo Coast property. Homeowners additionally get unique entry to the Pico de Loro Seashore and Nation Membership by way of bundled membership shares included with their models.
Pico Terraces has attracted consideration from Millennials and Gen X patrons from southern Metro Manila and close by city areas. These patrons are in search of appropriately sized secondary houses in a low-density coastal atmosphere that gives a compelling long-term worth.
“Patrons are responding to Pico Terraces as a result of it provides an accessible entry level into elevated, nature-inspired residing. Pico de Loro’s sea-and-mountain setting provides the challenge a definite sense of place that’s tough to copy,” defined Francisco.
Along with beachside leisure and plush mountain surroundings, Pico Terraces provides swimming swimming pools, health facilities, and landscaped picnic areas, offering a calmer and extra stress-free residential ambiance inside the property.
The event’s market enchantment has additional earned recognition inside the business. Pico Terraces was just lately awarded the title of Finest Condominium Improvement (Luzon) on the 2025 PropertyGuru Philippines Property Awards and acquired the Finest Resort Condominium Improvement accolade on the 2025 DOT Property Awards.
PropertyGuru praised Pico Terraces for its well-integrated “resort inside a resort” idea, the place facilities are easily integrated into the event. Created to ship a singular seaside atmosphere and a high-quality residential expertise, the challenge provides residents direct entry to unique life-style facilities inside Pico de Loro, combining leisure, consolation, and comfort in a single location.
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