Versailles Alabang Village
State Properties Corporation has completed developing its 78.6-hectare pioneer project appropriately named “Versailles Alabang Village”, which is a high-end, first-class, master-planned residential development with commercial component to service the southern corridor of Metro Manila.
Versailles Alabang Village offers single detached houses, townhouses, residential and commercial lots.
Alabang Global City
Adjacent to Versailles will rise the 45-hectare Alabang Global City. This mixed-used commercial, office and residential area is envisioned to be the BGC of the South and is valued at around 27 Billion Pesos.
At the center of Alabang Global City will rise a 2-hectare mall to provide the community with a complete line-up of stores for a pleasurable shopping and dining experience. AGC Mall shall also have cinemas and other entertainment centers.
State Properties Corporation also plans to develop into mixed-used, high-rise condominiums 2 prime propertiesof State Investment House, Inc. that are located within Metro Manila.
In San Juan, a 3,000 sq.m. property at Annapolis, Greenhills corner E. delos Santos Ave. Across the Ayala Cloverleaf Project in Balintawak is a 2.03-hectare property at A. Bonifacio, Balintawak, Quezon City.
A wharf in Zambales owned by State Investment House, Inc. (SIHI) is being considered to be developed for into an industrial park. In 2017, State Investment House, Inc. (SIHI) started the rehabilitation of Port Baloganon in Masinloc, Zambales and works are still in progress and expected to be completed soon.
State Properties Corporation is also into mining business through its subsidiary, First State Mining Resources Corporation (FSMRC). FSMRC is a major stockholder of Consolidated Mines Inc. which owns the largest chromite mining site in Masinloc, Zambales which is about 250 kilometers northwest of Manila and a large copper mining site in Marinduque in the south.
With its plan to operate the mining sites, FSMRC stands to improve its present financial resources which per findings, the mining deposits alone already has an estimated value of US$ 3.0 Billion.