The Bases Conversion and Development Authority (BCDA) has successfully signed over 100 residential lease agreements in Camp John Hay, Baguio City, in just two months, reflecting strong investor confidence in the agency’s ability to transform spaces into sustainable and thriving communities.
This accounts for 95% of the residential properties in Camp John Hay, with BCDA aiming to finalize and sign all lease contracts by March 2025. The BCDA regained control of the property on January 6, 2025, following a landmark Supreme Court decision that returned Camp John Hay, including all new constructions and improvements, to the state-run organization.
The lease agreements include a significant number of foreign nationals, primarily Koreans, further highlighting the trust investors have in BCDA’s track record and expertise.
“We are grateful for the strong support and trust from investors, recognizing BCDA’s ability to transform state lands into spaces that contribute to national progress,” said BCDA President and CEO Joshua M. Bingcang. “As we redevelop Camp John Hay, we ensure that both people and the planet are at the heart of our projects.”
Since regaining control, BCDA has signed investments exceeding Php 1 billion, which are expected to create significant job and economic opportunities for the local community. Key investors include Metro Pacific Investments Corporation (MPIC) subsidiary Landco Pacific Corporation, Stern Real Estate Development Corporation, Amare La Cucina, Golfplus Management Inc. (GMI), DuckWorld Philippines, and Top Taste Trading Inc.
BCDA is also collaborating with the Baguio City Government to improve jogging trails, pedestrian lanes, solar street lighting, and implement a smart transport system to make Camp John Hay more people-centric.
Additionally, BCDA is revisiting the master development plan for Camp John Hay to align with the United Nations Sustainable Development Goals. This aligns with BCDA’s efforts to support President Ferdinand R. Marcos Jr.’s socioeconomic agenda through high-impact investments and quality job creation.
