A new -old project in
Davao
October 31, 2014
It's been already 10 years that a connecting bridge from
Davao to the island of Samal was discussed
and planned . But then, it had been stopped.
Now a new attempt has been made. The initiator is a Japanese
company that is engaged in planning and made a feasibility study on the said
endeavor. And now in 2016 the construction should start - yes, if all parties will join and the
financing of approximately 10 billion pesos is secured.
Until now Samal is a dreamy spot that you can only reach by
the car ferry or by boats . And quite many
individuals are living there, the real estate prices are still
comfortably low and there is still a lot of unspoilt nature - if one disregards
the coastal strip with many touristic beach resorts.
The whole island will take an upturn, because Samal has a
lot to offer: At least two waterfalls with clear water, a sparse population,
the largest bat colony (important for the banana plantations around Davao), no
industry, crystal clear water at the beaches on the ocean side - just to name
the most important facts.
And those who want to catch up with the next real estate
boom in Davao, should enter now. By the way, in April this year the costs were
said to be about 6 billion pesos !
With best regards,
Ludwig from Davao
