PHINMA Properties

AS BACOLOD expands beyond its traditional center, Bacolod North is emerging as a growth corridor shaped by infrastructure, connectivity, and the city’s natural direction of expansion. Within this evolving area, Saludad Township continues to advance through on-ground milestones that reflect steady progress.

On May 8, 2026, PHINMA Properties, in partnership with JEPP Real Estate Co., broke ground on Dahlia Tower, the first tower of Maayo Terraces, a mid-rise residential condominium community within Saludad Township. This development follows the earlier groundbreaking of TRYP by Wyndham, reflecting the continued rollout of key township components.

“Today is meaningful because it’s not just about what Saludad can become. It’s about what is already happening,” said Raphael B. Felix, President and CEO of PHINMA Properties and JEPP Property Corporation. “What was once a vision on paper is steadily becoming a real and active address where homes, institutions, and opportunities are beginning to come together. So today, we say: Hello, Bacolod. Ari na ang Maayo Terraces, nagasugod na.”

A residential milestone that strengthens township momentum

The groundbreaking of Dahlia Tower marks the start of residential life taking shape within Saludad. As homes begin to rise, the township establishes a stronger residential base that supports long-term activity.

Maayo Terraces offers a different kind of condominium living for Bacolod: mid-rise, designed for living, and supported by the utilities and infrastructure of an integrated township. With about 60% open space, it emphasizes greenery, community areas, and a more balanced day-to-day environment.

For JEPP, this next phase also carries deeper meaning. Land shaped by generations of memories and responsibility now enters a new chapter, opening a better-planned community that welcomes more Bacolodnons and contributes to how the city will live and grow.

Hello, a future that’s being built even on hard days

What makes this moment resonate is that it can be seen and revisited. As Bacolod North continues to transform, developments within Saludad help define how the area is taking shape.

In a message delivered by Atty. Marty Go, secretary to the Mayor, the City Government welcomed the milestone and reiterated its support for developments that contribute to Bacolod’s sustainable growth.

“The groundbreaking of PHINMA Maayo Terraces Saludad is more than construction; it is a vote of confidence in Bacolod’s future,” Go said. “We remain committed to an investor-friendly Bacolod and to supporting projects that create opportunities for our people to thrive in a master-planned, vibrant environment.” Go closed by expressing hope that the community will become “a landmark of pride for our city.”

The Dahlia Tower project reflects long-term commitment and continued investment in Bacolod North, where large-scale developments are shaping the city’s next phase of growth.

In Saludad, progress is something Bacolod can now say hello to.

PHINMA Properties celebrated the completion and full sell-out of Arezzo Place Davao, which has now been fully turned over and is actively occupied, home to 4,000 residents.

PHINMA Properties held an intimate sell-out and thanksgiving gathering at Arezzo Place Davao on Feb. 19 at Casa Asuncion Clubhouse in Arezzo Place Davao.

Hizon-Velez family, represented by PepC Velez; Arezzo Place Davao Condominium Corporation’s (APDCC) Board of Directors; PHINMA Properties Management Committee, led by president & CEO Raphael B. Felix; and key team members were present.

PHINMA said the project progressed through a close collaboration between PHINMA Properties and its joint venture partners, the Hizon-Velez & Hizon-Reyes families.

Velez, who represented the joint venture partnership, highlighted in his message that the trust and collaboration that anchored the project through the years were built not only on strategy but on strong relationships among the various stakeholders.

Felix reflected that along the milestones featured and personal testimonies during the gathering are thousands of daily stories unfolding among the residents who now call Arezzo Place Davao home.

“To homes well lived, and communities well built,” he said, capturing the spirit of the milestone.

From vision to a thriving community

Launched in November 2014, Arezzo Place Davao was envisioned as a thoughtfully designed residential community inspired by timeless character, yet purposefully built for Filipino families.

The development spans 2.6 hectares, located along Doña Pilar Avenue, Brgy. Pampanga, Buhangin District, Davao City comprises 12 residential buildings.

To complement, it has a dedicated parking building, along with amenities including a clubhouse, swimming pool, basketball court, and playground.

“These shared spaces were carefully planned to support everyday life and foster a strong sense of community, the bayanihan spirit PHINMA Properties proudly espouses in its communities,” the developer said.

PHINMA emphasized that Arezzo Place Davao stands not just as a completed development, but as a living community within Davao City, with shared spaces, including streets and amenities named in honor of the Hizon Family, now witnessing daily life unfold: neighbors connecting, children playing, and families building their futures.

“The Sell-Out and Thanksgiving Gathering was a moment to pause and acknowledge this shared accomplishment — a celebration not only of units sold, but of a partnership honored and a community brought to life,” PHINMA added.

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PHINMA Properties breaks ground on Maayo Terraces’ first tower in Saludad Township

PHINMA Properties gives thanks; Arezzo Place Davao is now home to over 4,000 residents