Suntrust Properties Inc., a Megaworld fully-owned subsidiary, has entered into a joint venture with the Lacson family to develop a more than 50-hectare property straddling Bacolod and Talisay cities into a subdivision, Basilio Almazan Jr., Suntrust first vice president, said yesterday.
He said Suntrust will pour in P1 billion to develop the property near the Bacolod Silay Access Road into a residential subdivision.
Work will start in less than a year after licenses and engineering and architectural master plans are completed, he said.
Later on they hope to also add commercial and institutional infrastructure establishments to turn it into a township, Almazan added.
Suntrust president Harrison Paltongan signed a partnership contract with Suzette and Felipe Lacson yesterday witnessed by Mayors. Filprimehomes
Source: visayandailystar
He said Suntrust will pour in P1 billion to develop the property near the Bacolod Silay Access Road into a residential subdivision.
Work will start in less than a year after licenses and engineering and architectural master plans are completed, he said.
Later on they hope to also add commercial and institutional infrastructure establishments to turn it into a township, Almazan added.
Suntrust president Harrison Paltongan signed a partnership contract with Suzette and Felipe Lacson yesterday witnessed by Mayors. Filprimehomes
Source: visayandailystar
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