News

Megaworld builds second hotel in eco township in Palawan

Megaworld, the country’s premiere property developer and operator, is constructing its second hotel in the 462-hectare Paragua Coastown ecotourism township in San Vicente, boasting easy beach access and scenic mountain vistas. In the property giant’s statement this Thursday, it announced the development of the 10-storey Paragua Sands Hotel, offering 313 diverse-layout guest rooms an...

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Megaworld further ramps up office portfolio in Iloilo

MANILA -- Megaworld, the country's largest developer and lessor of office spaces, is ramping up its office inventory inside the 72-hectare Iloilo Business Park in Mandurriao, Iloilo City. The company is launching two new office towers -- Enterprise One and Enterprise Two -- each 12-storey high right along the bustling stretch of Megaworld Boulevard in the city's modern business park....

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New condo tower to rise in Mactan Newtown; completion in 2025

PROPERTY developer Megaworld Corp. is launching its fifth residential development inside the 30-hectare Mactan Newtown. The 20-story The Pearl Global Residences will add 222 units in the existing 1,836 residential unit inventory in the township. It will be the 11th residential condo tower to rise at the township, which is also home to offices and commercial spaces. The new tower will rise...

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Megaworld expands in Cebu with launch of residential condo

MEGAWORLD CORP. is expanding its footprint in Cebu with the launching of a new residential development in its 30-hectare The Mactan Newtown in Lapu-Lapu City. In a statement yesterday, the Andrew L. Tan-led property developer said it is building a new 222-unit residential condominium which is expected to raise P2.3 billion in sales. The 20-story building, which will be called The Pearl Globa...

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Megaworld opens first Savoy hotel in Mactan

CEBU, Philippines — Property giant Megaworld Corporation opened its first hotel facility in Cebu, the 547-room Savoy Hotel Mactan Newtown, in Lapu-Lapu City. The 18-storey hotel located within the 30-hectare Mactan Newtown is the first hotel to open inside the township. Savoy Hotel Mactan Newtown is so far the biggest hotel in terms of number of rooms in Mactan Island and the second bi...

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Megaworld targets P2.5-billion sales from village development in Trece Martires

MEGAWORLD Corp. on Wednesday said it is expected to generate some  P2.5 billion in sales from this first residential project inside Arden Botanical Estate in Trece Martires in Cavite. The village is expected for completion in 2024.  Lot prices in Arden Botanical Village range from P18,000 to P22,000 per square meter. The 18-hectare village forms part of the 251-hectare Ar...

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