The infusion, part of a P12-billion master plan with JEPP Real Estate Co., cements the company’s deeper push into Western Visayas’ fast-growing economy.
“This new P300-million investment will allow PHINMA Properties to sustain the favorable market momentum for our Saludad project in Bacolod. This signifies the PHINMA Group’s stronger commitment to the Bacolod community and nearby areas by promoting economic development and creating new livelihood opportunities,” said PHINMA chair and CEO Ramon R. del Rosario Jr.
Saludad integrates PHINMA’s core businesses, with PHINMA Hospitality’s TRYP by Wyndham Bacolod set as the anchor tenant, construction of which begins soon.
It will also host Southwestern University PHINMA’s first campus outside Cebu City and source materials from PHINMA Construction Materials Group.
Designed as a live-work hub, Saludad will offer commercial and retail centers alongside residential communities aimed at professionals and entrepreneurs.
Its southern Phase 1 is scheduled for completion in the first quarter of 2026, while Phase 2 in the north is expected by 2028, according to PHINMA Properties vice president and chief township officer Paolo V. Reyes.
-Edited by Miguel R. Camus
