Paramount Bares Spending Plans

A homegrown subdivision developer that traces its roots to the town of Minglanilla is gearing up for expansion across the country, estimating to spend P6 billion to P10 billion annually from 2018 to 2022.

In a press conference for its newest project Wellington Greens, Philippine Paramount Property Ventures Inc. (PPVI) chief operating officer Emmanuel Victor Estrella said the plan is to build four to six projects each year scattered in strategic areas in the Visayas and Mindanao, as well as Central and Southern Luzon.

Initially identified areas for expansion over the next five years are Liloan and Danao in Northern Cebu, Iloilo, Dumaguete City, Cagayan de Oro City, Davao City, and General Santos and Batangas. Read more ›››

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