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BCDA From B1
The Philippine Star
|March 10, 2025
According to CJHDevCo, there are 417 condotel owners, 159 estate lot owners and 2,500 golf club members affected by the BCDA's takeover at Camp John Hay.
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Affected investors include Korean retirees who were invited to invest in the country.
Last January, the BCDA formally took over the area leased to CJHDevCo after the Baguio Regional Trial Court upheld a Supreme Court (SC) ruling in October last year, which denied with finality the motions for reconsideration filed by CJHDevCo and its third party respondents to prevent the recovery of the property.
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