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Nestled amidst the vibrant energy and excitement of the emerging entertainment district, Gentry Manor offers an unparalleled residential experience that redefines opulence.

Suntrust Resort Holdings Inc has agreed to a fresh US$6 million loan as it continues pushing to complete development of its US$1 billion hotel and casino project in Manila’s Entertainment City.

The loan was approved by the company’s Board of Directors on Friday, Suntrust revealed, and will be provided by Major Success Group – the parent company of Suntrust’s controlling shareholder LET Group Ltd (formerly known as Suncity Group). Major Success Group is wholly-owned by LET Group Chairman, Andrew Lo Kai Bang.

Suntrust did not reveal whether the loan is linked in any way to its failure to pay Php336 million (US$6.2 million) in interest owing to another LET Group subsidiary, Summit Ascent Holdings, on convertible bonds subscribed to in late 2020. Summit Ascent, operator of Russian casino-resort Tigre de Cristal, said in January that it was “in discussions with Suntrust on the payment arrangement of the overdue interest but no concrete plan has been reached as at the date of this announcement.”

Source: https://www.asgam.com/index.php/2023/05/28/suntrust-agrees-to-new-us6-million-loan-from-let-group-chairman-andrew-lo-for-manila-casino-project/

Possible bad news for SunTrust

Suntrust Resort Holdings, the Philippines-listed subsidiary of Hong Kong-based gaming investor LET Group Holdings, has revealed it is seeking a potential loan facility in order to complete construction of its US$1 billion hotel and casino development in Manila’s Entertainment City precinct.
According to details filed with the Philippine Stock Exchange on Wednesday, the potential loan facility is currently under negotiation with the company set to seek shareholder approval.

The potential loan comes after Suntrust recently stated that the hotel and casino project, part of Travellers International Hotel Group’s Westside City development, was on track to open in 2024 – despite a January report that the company had failed to pay Php336 million (US$6.2 million) in interest owing to Summit Ascent Holdings on convertible bonds subscribed to in late 2020. Summit Ascent, which is also majority-owned by LET Group, stated at the time it was in discussions with Suntrust over the issue.

Source: https://www.asgam.com/index.php/2023/04/19/suntrust-flags-potential-loan-facility-to-ensure-completion-of-us1-billion-manila-hotel-and-casino-development/

A long-expected Suntrust Resort Holdings Inc will be opened in Manila as a part of the Westside City Project developed by Westside City Resorts World Inc and Travellers International Hotel Group Inc.
The plans for the new casino hotel building are progressing as planned, so it is estimated that the work on the construction will be completed in 2024 when the casino will be opened for visitors.

On Tuesday, the company published its Annual Report, and Suntrust claims that so far, there aren’t any unpredicted events, material issues, or uncertainties that can delay the opening of the building.

Source: https://news.worldcasinodirectory.com/opening-of-suntrust-casino-hotel-in-2024-108228

Philippines construction giant Megaworld Corporation has announced plans to develop a new Php15 billion (US$262 million) “integrated lifestyle community” in Manila that will include a casino complex. Megaworld is a subsidiary of Alliance Global Group, which is majority owner of Entertainment City IR Newport World Resorts.

According to information released by the company this week, Megaworld’s latest development will be called Winford Resort. Located near the historic Chinatown on a property within the San Lazaro Tourism and Business Park, the three-hectare development will feature a mix of residential condominiums, hotels, and commercial developments with a casino complex.

The development is expected to be completed by 2028.



Source: https://www.asgam.com/index.php/2022/11/23/megaworld-to-develop-us262-million-township-with-casino-complex-in-manila/

Things are not looking good for Suntrust Resort Holdings...

The controlling shareholder of Philippine Stock Exchange-listed Suntrust Resort Holdings, LET Group Holdings (formerly known as Suncity Group Holdings), has announced its subsidiary recorded a PHP254 million ($4.43 million) loss in the third quarter of the year.

The group is currently developing its Westside City Project integrated resort in Manila, whose Main Hotel Casino will comprise entertainment and a five-star hotel with over 450 rooms, it’s also developing the Westside shopping mall, opera house, and 2,000-room hotel complex.
The group notes it still ‘aims to commence the operation of the Main Hotel Casino in 2024’ and that the group’s ‘business operations have been affected minimally as its hotel and casino are still in the preliminary construction activities’.

Source: https://agbrief.com/news/philippines/16/11/2022/let-controlled-suntrust-resort-holdings-sees-4-43mln-loss-in-q322/

Suntrust Resort Holdings Inc had a second-quarter net loss amounting to PHP255.1 million (US$4.6 million), it said in a Monday filing to the Philippine Stock Exchange.

Suntrust Resort – formerly Suntrust Home Developers Inc – is a vehicle for Hong Kong-listed Suncity Group Holdings Ltd and associated entities to develop a casino hotel (pictured in an artist’s impression) in the Westside City project in Manila, the Philippine capital.

Monday’s filing said that as of June 30, the pile capping, ground floor, and levels one and two of the “main hotel casino” had been completed, while work on the basement was “in progress”. It added: “Management aims to commence the operation of the main hotel casino in 2024.”

Source: https://www.ggrasia.com/suntrust-has-2q-loss-westside-city-2023-opening-on-track/

Suntrust Home Developers has confirmed the timeline for construction of its Westside City project, saying the main hotel is under construction and is expected to open in 2024. Suntrust is 51-percent owned by a local unit of Hong Kong-listed Suncity Holdings.

Suntrust entered into a co-development agreement with Westside City Resorts World in October 2019 under which it agreed to finance the development and construction costs for the resort and would be appointed as the exclusive operator and manager of the operations.

The group announced in November that it was extending the deadline for completion out to 2024, from 2023, due to the impact of Covid.

The Westside City project will be located in Entertainment City, and will include a 5-star hotel with at least 400 rooms, a casino with 400 gaming tables and 1,200 slot machines for both mass and VIP markets, and a 960 space parking lot. It’s the first foray into the Philippines for Hong Kong-listed Suncity, which has been aggressively diversifying its business.

Source: https://agbrief.com/news/macau/28/03/2022/suntrust-home-developers-confirms-westside-city-to-open-in-2024/

Possible impact on the development of Suncity's Resort from the debts being called in relating to the arrest of Alvin Chau.

It is unclear how such action will impact Suncity’s ongoing operations and development of integrated resorts. This three-way joint venture, which opened Hoiana in Vietnam last year, holds a majority share in Tigre de Cristal from Vladivostok Russia and is building a $1-billion integrated resort at Westside City Resorts World in Manila’s Entertainment City precinct.

Suncity Group of Hong Kong, listed on the Hong Kong Stock Exchange, has indicated a possible change in control could be coming. The group holds interests and assets in integrated resort developments throughout Macau, Vietnam, Russia and the Philippines. However, the arrest of its former CEO, Alvin Chau, has virtually flipped the company upside down.

Source: https://www.gamblingnews.com/news/suncity-may-see-ownership-change-as-creditors-come-calling/

Google Maps has now been updated and you can start to see the layout as per the masterplan concept art below.



Gentry Manor continues to have work done though it doesn't look like much progress in the past 6 months.



Tree's have been cleared at the mall and Resorts World site, with space for the new Bridge coming from the back of the Gentry Manor Resort.



The Grand Western Hotel and Bayshore 2 continue to grow and land looks like it has now been cleared the the Sunny Coast build also.

Thank you for your answer!

The one that is marked on the map as Gentry Manor, is that considered part of resorts world or is that map of the overall city plan? That location has works ongoing recently so that's why I am interested - it's marked on google maps as "resorts world" but I couldn't find anything real with that location and the name shared. I'll check it out under Gentry Manor but any further info would be interesting.

Does anyone know if this Resorts World Resort will have multiple hotel brands under it like the one in Vegas will? So they have one "resort" but multiple brands?

Does anyone have any information on what specifically "Westside City Resorts World is going to consist of? I feel like this resort is having an identity crisis.

This looks like it was originally named Bayshore only which seems to be completed (there are two sites marked the same on google maps, see below) but was then changed to be "Westside City Resorts World".

The only mention I can find of this specific name is with the Suntrust investment articles which are the latest ones on the thread. None of the artwork for any of these resorts matches up with anything else nor with the pictures already on the thread which seem to be mainly of a residential tower close to the planned resort site.



Image Source: Google Maps

Google images from February showing the construction ongoing in the area. You can also use street view in that area with relatively up to date images.