New Manila Bay - City of Pearl
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Manila Bay reclamation on track for 2028, Sy-blings set to begin next phase of development

SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers owned by the Sy family, is confident it will meet its ambitious timeline for the Manila Bay reclamation project, with horizontal development slated to begin next year.

The 360-hectare project, dubbed SM Smart City, is being developed in partnership with the Pasay City local government.

SM Prime president and CEO Jeffrey C. Lim said about 60% of the land development work was completed in 2024, with the company on track to finish sand filling by the end of the year. This sets the stage for the next phase, which includes the horizontal development of the site.

“The developments and the plans are in parallel as we are now working on the final masterplan,” Lim said. “So, if we are able to complete all of this before the end of the year then we may begin certain aspects of the masterplan starting next year.”

Source: https://bilyonaryo.com/2025/05/01/manila-bay-reclamation-on-track-for-2028-sy-blings-set-to-begin-next-phase-of-development/property/

The City of Pasay has been granted an Environmental Compliance Certificate (ECC) No. ECC-CO-1601- 003 dated 2017-October-24 for its Proposed 360 Hectare Reclamation Project. The City is proposing to embark on an additional reclamation project with an area of 265 hectares.The project is set to be completed with horizontal development in 2028 including roads, bridges, drainage, water, power, sewerage, communications, and other primary utilities and facilities.

Seems pretty conclusive that Horizon Manila is being built but nothing on City of Pearl so far?

This project is now getting a little confusing.

There is some land reclamation going on in the bay BUT it looks like it's another project - Horizon Manila. And that project would make it difficult to build "City of Pearl" as they would essentially be in the same bay space either side of the current jetties shown in both sets of concept art.

Does anyone know which project this reclamation is for? This video says it's for City of Pearl but also shows the horizons website and I could do with a translation if somebody could give it a listen and work out what the deal is?





This is the horizon project - https://horizon-manila.com/
You can see the space behind it is where the City of Pearl is meant to be going...



Video of land reclamation

Source:https://www.gohanstrategy.com/project/city-of-pearl

New Manila Bay - City of Pearl is located at the heart of Manila, a shining jewel in the ocean. The 407 hectares land is the BIGGEST self sustaining SMART City in Asia, planned to host more than 500,000 citizen and creating over 100,000 jobs. This visionary project is the result of the Belt & Road Initiative between China and Philippines as a major effort to activate Manila's economy and provide social mobility for generations of youth.

https://www.hpahk.com/Projects/os-projects-2/new-manila-bay
https://www.gohanconcepts.com/project/city-of-pearl

Status: Announced