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 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 Corp. recorded an 11% rise in earnings in the third quarter, as it sustained growth across its business segments. In a regulatory filing, the listed property developer led by tycoon Andrew L. Tan said its attributable net income reached P4.49 billion in the July to September period, driven by a 15% increase in consolidated revenues to P16.4 billion. Expenses, on the other hand, grew 1...
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