South Korean Firm Plans Retirement Facility in Davao

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Category: Davao News Posted: Sunday, July 7th, 2013

A South Korean firm is currently looking at Davao City for retirement facility that will primarily cater South Koreans who wish to retire in the city.

The firm is looking for a property of about five hectares for a resort-themed subdivision development.

The firm also intends to bring more South Korean retirees to Davao.

Presently, Davao has more than a hundred foreign retirees, including Americans and Europeans that have settled in the city.

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