TRYP by Wyndham Samal: SEC-RENT Framework Opens Investment Gateway

Summary

• Damosa Land's ₱1.2 billion TRYP by Wyndham Samal condotel approved under SEC-RENT framework
• 100-room four-star property targets Q4 2028 completion; units priced ₱10-20 million
• Condotel units already 30% sold; investors receive up to 40% of annual net room revenue
• Structured income stream positioned to generate 6% projected annual yield at 60% occupancy

News Content

Damosa Land Inc. has pioneered the Philippines' first hospitality investment vehicle, securing Securities and Exchange Commission approval for a rental pool program linked to its flagship TRYP by Wyndham Samal condotel on Samal Island. The 100-room, four-star property features a 250-seat ballroom, flexible meeting spaces, upscale dining concepts, and recreational amenities targeting completion in Q4 2028. The SEC-RENT framework enables individual unit owners to participate in hotel revenue streams through 100 certificates of participation, each representing one condotel unit with base prices ranging from ₱10 million to ₱20 million. With approximately 30% of units already pre-sold, Damosa Land is accelerating sales momentum through Q2 2026. Unit owners participate in hotel revenue through a managed rental pool program, receiving up to 40% of net room revenue subject to hotel occupancy performance. The company projects potential 3% to 6% year-on-year capital appreciation alongside dividend income.

Real Estate Outlook

The TRYP Samal project positions investors to capture emerging tourism growth in Samal Island while accessing regulated, income-generating hospitality investments. As regional tourism infrastructure expands—including the nearby Davao-Samal Bridge reducing travel time to 5 minutes—property values in the Samal district are projected to appreciate 15-25% through 2029. Early investors in this structured condotel program may benefit from dual appreciation plus consistent yield distributions.