Damosa Land's TRYP by Wyndham Samal Revolutionizes Philippine Real Estate with SEC-Approved Rental Pool Program
Damosa Land, Inc. is set to transform the Philippine real estate landscape with innovative projects like TRYP by Wyndham Samal. The Securities and Exchange Commission (SEC) has recently given the green light to the project's first-ever rental pool program, bolstering investor confidence.
The SEC's approval signifies a significant milestone for TRYP by Wyndham Samal, which is the first development to be cleared under the newly launched SEC RENT framework. This regulatory assurance, coupled with the project's strong income potential and brand credibility, positions it as a secure, future-ready investment opportunity in Mindanao.
The project, a four-star condotel rising in Samal Island, is expected to open in 2028. It will feature 100 rooms, interactive social spaces, meeting facilities, a 250-seat ballroom, fitness amenities, and an infinity-edge pool. The rental pool program allows buyers to receive returns through pooled rental income and exclusive benefits, such as free room nights. The proceeds from the sale of the 100 certificates of participation, priced between ₱10 million and ₱20 million, will fund the project's pre-operating expenses, generating a total sales value of approximately ₱1.2 billion.
With the SEC's approval, Damosa Land's TRYP by Wyndham Samal project has solidified its position as a promising hospitality investment in Mindanao. The project's unique combination of regulatory assurance, brand credibility, and strong income potential makes it an attractive, future-ready opportunity for investors.
