Insider Spotlight
Rising along the coast of Samal Island by 2028, the six-storey condotel will feature 100 rooms, interactive social spaces, meeting facilities, a 250-seat ballroom, fitness amenities, and an infinity-edge pool overlooking the Davao Gulf.
Rental pool program
The development recently made headlines after securing the Securities and Exchange Commission’s first-ever approval for a rental pool program under the SEC RENT framework. The approval covers 100 certificates of participation, with unit prices ranging from P10 million to P20 million, for an estimated P1.2 billion in total sales.
“This milestone affirms Damosa Land’s role as a trailblazer in real estate innovation as it reflects our vision of introducing new possibilities for real estate in the Philippines,” said Ricardo F. Lagdameo, president and CEO of Damosa Land Inc.
A world-class hospitality brand meets local growth
The project is backed by Wyndham Hotels & Resorts, one of the world’s leading hotel chains, giving TRYP by Wyndham Samal strong brand credibility and operational expertise.
Damosa Land positions the project as a future-ready investment, combining a prime location in a rising tourism hub with a regulatory-backed investment structure.
“We view our investors as true partners in progress. With TRYP, we are building more than a world-class development as we believe that we are creating a secure, long-term investment that fuels confidence while contributing to the growth and prosperity of Samal Island,” Lagdameo said. —Ed: Vanessa Hidalgo