BAGUIO CITY — Homegrown Ray Casa Group of Companies on Friday broke ground for its first luxurious residential condominium project here called the Saleng Spa and Wellness Towers.
The P500-million project of Casa Infini Properties and Development Corp., the group’s realty arm, is expected to be finished by 2025, Ray Casa Chief Executive Officer Jennylyn Floresca said.
The company plans to build three commercial buildings and condominiums under Casa Infini Builders & Realty Co. Ltd. and Casa Infini Properties & Development Corp.
“We are also focusing on land reclassification and developing Airbnb-type vacation villas all over Northern Luzon,” she said.
Raycasa has been pre-selling its one- and three-bedroom condo units since mid-2022 and expects more than P1 billion in income from these. — Artemio A. Dumlao
