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SM Prime Holdings shared in a regulatory update earlier this week that its leisure arm, Costa Del Hamilo, will invest 3 billion pesos to build an eco-resort community in Batangas. The company said the project will be planned as an integrated coastal development with a focus on sustainable features. Costa Del Hamilo has been active in Nasugbu, Batangas for several years through its mixed residential and leisure estates. This new investment adds to its ongoing expansion in tourism-driven locations and supports growing interest in coastal living projects.
SM Prime Holdings said in a disclosure this week that its subsidiary Costa Del Hamilo will invest 3 billion pesos to develop an eco-resort community in Batangas. The company noted that the project will be planned as an integrated leisure estate built around sustainability and coastal management principles. The filing did not provide further design or construction details. Advertisement
Costa Del Hamilo has been involved in developing coastal communities in Nasugbu, Batangas for more than a decade, where it has introduced residential properties, resort amenities and nature-focused recreational spaces. The new investment continues this direction and reflects the company's long-term approach to building planned leisure estates.
The group has been gradually expanding its presence in Southern Luzon's tourism corridor, especially in areas with established demand for weekend and long-stay destinations. The upcoming eco-resort community is expected to support this demand, though the company has not released additional information on phasing or launch timelines.
Source Reuters
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