Lafayette Park Square August 2017 Update

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Lafayette Park Square’s lifestyle amenities and facade perspectives

Inspired by the classic grandeur of Europe, Lafayette Park Square is a 16-story single tower with 289 residential units with studio and three-bedroom layouts. It will rise beside Megaworld’s first residential condominium cluster, the three tower One Madison Place, and is set to be completed in 2018.

Lafayette Park Square features French and Spanish architectural designs and is Megaworld’s first themed residential condominium within the Iloilo Business Park, Megaworld’s 72-hectare development.

The tower will feature a third floor amenity deck with its exclusive swimming pool and kiddie pool and pool lounge, a Jacuzzi, a state-of-the-art fitness gym, a spacious social hall, a daycare center and children’s play area, a reading nook and garden and a covered sitting area. Additionally, an arcade of commercial and retail shops will occupy the tower’s ground floor.

For those who are looking ahead to experience upscale lifestyle at Lafayette Park Square, here are some latest construction and site update photos of this high-end residential tower rising soon in Iloilo Business Park. For further details on investment and lifestyle, just call (033) 330-3464 or visit IBP Sales and Information Center.

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Saint Dominique: Inspired by Serenity and Luxury

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The lifestyle vision in Iloilo Business Park never fails to inspire Ilonggos and future residents to appreciate the beauty of pure luxury and elevating township amenities. Situated in the old Iloilo airport in Mandurriao District, the modern township is now the home of the largest residential district that offers magnificent condo towers for buyers and those dreaming to live a serene lifestyle.

Following the success of French-themed residential property Saint Honore that was launched in August 2016, property giant Megaworld is launching its 7th residential tower in Iloilo Business Park.

The 10-storey Saint Dominique will be another Parisian-inspired residential development that will rise beside Saint Honore in the 72-hectare township in Mandurriao, Iloilo City. The tower will have 152 units on eight residential floors ranging from Studio (up to 35 square meters); One-bedroom with balcony (up to 50 square meters); Two-bedroom (up to 79 square meters); and exclusive Loft Units (38.5 square meters).

Linked to Saint Honore, Saint Dominique will have shared recreational amenities with the adjacent tower that include a landscaped atrium, fitness center, indoor spa, game room, day care center, children’s playground, Jacuzzi, swimming pool and pool lounge and a kiddie pool.

The ground level will be dedicated to retail shops as the tower becomes part of the stretch of Festive Walk Parade, the envisioned longest dining and retail in the entire VisMin area. This makes Saint Dominique as exciting and promising as Saint Honore rising soon in the heart of the township, a few steps away from significant destinations, commercial hub, international hotels and BPO District.

Appreciate the essence of classy lifestyle. For more details contact (033) 330-3464 or visit IBP Sales and Information Center.


Business Vibrancy at IBP’s Commercial District


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 Iloilo Business Park’s vice president for sales and marketing Jennifer Ann Palmares-Fong (top photo-left and bottom photo) and Megaworld senior assistant vice president and head of public relations and external affairs, Harold Geronimo (top photo-right), answers some questions from the local and national media. One of those things that they pointed out are significant updates on the Boutique Hotel and Commercial District in IBP


A lifestyle of synergy and vibrancy is envisioned by Megaworld at the commercial district in Iloilo Business Park

In the recent launching of Iloilo Business Park’s 7th residential tower, the Saint Dominique at Richmonde Hotel Iloilo on July 22, IBP’s vice president for sales and marketing, Jennifer Ann Palmares-Fong was able to provide exclusive update on the township’s 9.2-hectare Boutique Hotel and Commercial District. Out of 60 commercial prime lots, more than 80% are already sold out among local entrepreneurs and investors consisting of mostly prominent financial institutions. Two of the country’s biggest bank companies, Metrobank and Unionbank had already secured their respective lots and will soon proceed in building their regional offices in the township. Some of the commercial lot owners are entrepreneurs and business savvy investors that envisions to build their businesses in the area. In fact, only a few handful commercial lots are left for sale that invite investors and multinational companies to avail of this promising opportunity of owning a piece of the township.

Megaworld encourages investors to build more boutique hotels as the tourism industry and influx of tourists increases in Iloilo year after year. It builds promising momentum to harness the business aspect of the city and the whole Western Visayas region. The developments will create more jobs and employment opportunities for Ilonggos with the rise of commercial and leisure establishments. For Megaworld, the township’s visionary developer, opening a doorway to expand the business sector and investment potential of Iloilo, will ensure the sustainability not only of the township but the city of Iloilo. These commercial establishments and businesses will directly link and expand the vibrancy of Iloilo Business Park as next biggest Central Business District (CBD) of the Visayas in the near future.

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Present site update of Iloilo Business Park’s 9.2-hectare Boutique Hotel and Commercial District

Completing the “live, work and play” township vision of Megaworld for Iloilo Business Park with the continued launching and expanded offerings in terms of residential towers, IT-BPO cyberpark, high-standard hotels, and lifestyle shopping establishments, giving prominent promotion and priority in developing the 9.2-hectare Commercial District will definitely ensure the fulfillment of sustainability and progress of Iloilo City.

Find out more what you can do to ensure the fulfillment of your business and lifestyle dream at Iloilo Business Park by calling (033) 330-3464. Visit our official website at



Painting the Township Green for Wellness

Painting the township green for wellness, a vision for sustainability and passion unfolds. If we look at the lighter side of the region’s grandest lifestyle township, Iloilo Business Park in Mandurriao District, Iloilo City, it offers tranquil spaces of relaxation, a way to embrace nature and places where people can relax right in the middle of a bustling community. Join us as we look around the community of lifestyle and township of passionate dreams, as Iloilo Business Park uncover some of its wonderful spaces for serenity, wellness and greens…


You can park your bikes along the Bike Lanes of Megaworld Boulevard and dine in nearby restaurants after an invigorating wellness activity all throughout the day


Iloilo Business Park is showcasing its magnificence as a township blessed with serenity. The region’s grandest township is a model community where future residents and visitors will experience serenity at its finest. The green spaces and beautiful destinations inside the township exudes calmness and harmony, where everybody can enjoy a respite from the crowded noise of a bustling city. Here, life is tranquil and peaceful.

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Jog, walk your pets, run or enjoy biking at Megaworld Boulevard’s Bike Lanes. At the Festive Walk Parade, you can combine pleasurable strolling and dining with light physical activity to brighten up your day. 


A model community for healthy lifestyle and wellness, Iloilo Business Park has its own Bike Lane along the long-stretching Megaworld Boulevard, the township’s main highway. The Bike Lane is intended for visitors and people who wanted to enjoy wellness physical activities from jogging, walking their pets to biking, anything is possible. It also serves as an ideal leisure space for future residents in nearby rising condominium towers and upscale hotels like Richmonde Hotel Iloilo and Marriott Courtyard Hotel.

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It’s always about greens and nature when you visit Iloilo Business Park. Aside from the bustling image of developments, this inspiring community have gorgeous spaces of greens and gardens between edifices and buildings. 


Close-to-nature and refreshing, images that best describes Iloilo Business Park aside from its vibrant facade as a business and commercial township. The Megaworld Boulevard, the township’s main highway offers stripes of greens in the middle of the road, open green parks with fountains at the 1.1-kilometer Festive Walk Parade and mini garden parks between buildings and edifices including the Iloilo Convention Center and the residential district where rising condo towers will be completed in the near future.

Take a Peek at The Palladium’s Site Update


Poised to become the tallest building in Western Visayas with 22 floors, The Palladium exudes exceptional appeal as the third residential condominium tower that will rise in the heart of Iloilo Business Park. Named after the rarest metallic element of the Earth, The Palladium is Megaworld’s masterpiece condominium tower introduced in Western Visayas. It showcases four multi-level sky gardens that have the ambiance and design of a real rain forest, a recreational place in the tower where residents can commune with nature and have a view of the impressive cityscape. The Palladium’s most exciting feature is its exclusive offering of the Loft-type units located in the Penthouse, the topmost level of the tower. These Loft units are residential units with bigger spaces and have a second floor, the most luxurious condominium offering in the region so far.

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Photos from top to bottom: The Palladium’s topnotch lifestyle amenities and unique features – Loft-type unit at the Penthouse level, Function Room, Sky Garden and Infinity Pool

The third level amenity deck of The Palladium is an oasis of relaxation featuring an infinity pool that overlooks the city, a pool lounge, Jacuzzi, an outdoor spa, fitness gym, children’s playground, function room and Daycare. The tower proved to be a scene-stealer for its exceptional features, amenities and design that convey modern architecture, creating a world-class impression when it comes to establishing a residential condominium with multifaceted appeal. The ground floor of the tower will feature an arcade of retails shops, bistros and boutiques for residents to enjoy a hip lifestyle that connects to the whole township. The Palladium is a soaring beauty of its own, a home for the ambitious and success-driven individuals, dreaming to reach the top with their passion and colors for life.

Targeted for completion and turnover, The Palladium is expected to open on December 31, 2019 with 6 months grace period. To give you a site update of The Palladium, here are new photos taken at Iloilo Business Park where the tower will soon rise.

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The Palladium site development update as of May 2017

For lifestyle details and site tour, please call (033) 330-3464 or visit IBP Sales and Information Center. Our online address is

Great Ideas to Increase the Value of your Commercial Property

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Envision, get a property, be strategic and reap the reward of your success through commercial property investment. Investing in commercial real estate can be a financially and personally rewarding opportunity when done strategically. Clever real estate developers and property management firms strive to maximize profits from their commercial investments by increasing the value of their property through multiple different techniques. Generally, smaller financial investments now with the goal of enhancing the value of the property will often lead to hefty payouts in the future due to higher leasing capacity rates and, ultimately, more revenue. After investing in a commercial property, it is important to increase cash flow and decrease expenses to capitalize on the building and make the most out of the investment.

We have found that these easy strategies produce significant increases in the value of commercial properties by cutting overall business costs and attracting tenants.


Consider to Add More Amenities

Adding amenities is a way to improve the appearance of your commercial development, charm tenants, and enhance the property’s value. With the addition of these brand new comforts, the future office space’s value will inflate exponentially from its previous state, creating an overall higher payout and enticing appearance to potential tenants.

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Clean and Well-maintained Property

The cheapest way to increase the value of your commercial space is to attract tenants by keeping a well-maintained property at all times. Make sure the grounds, parking lots, and walkways are kept free of trash at all times. If paint is chipping off the building, be sure to repaint it. If certain features are outdated, such as floors or doors, be sure to renovate them. This will augment the value of your commercial property and attract residents without having to make pricey structural changes.

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Elevate Safety Measures and Tenant Parking

An often overlooked way to add value to a property is to strengthen security around the property. Adding gates, alarm systems, and even security guards can lower insurance premiums and attract tenants with your preventative measures. If there is no parking by the facility, consider adding a parking area for tenants in a nearby unused area.


Try to make it Eco-friendly and Green

Although updating your commercial office space to incorporate eco-friendly features will incur some expenses, in the long run it can significantly reduce utility and electric costs, prevent damage to the building, and improve the overall appearance of the property by remodelling an outdated look. Features such as solar roofs, tinted windows, and energy-efficient appliances can easily lower long-run costs, as well as earn your building tax incentives or a prestigious LEED certification.

Utilize Marketing to Avoid Vacancies

One of the easiest ways to lose money on a commercial real estate investment is to have vacant units. To avoid this, utilize cheap and easy marketing strategies, such as advertising on social media or placing attractive signs around the local area, to captivate potential tenants and lease to capacity every year.

Although a seemingly daunting task, increasing the value of your commercial property can be made simple. The key points to remember are to increase cash flows and decrease spending, which can be done by attracting tenants through keeping your building attractive and clean, and decreasing costs by adding eco-friendly, energy-saving features.


Iloilo Business Park will soon have the biggest Central Business District (CBD) in the Visayas

Iloilo Business Park paves the way for incoming entrepreneurs and investors to own their commercial property in Iloilo City by opening its 9.2-hectare Boutique Hotel and Commercial District which is located in the southern part of the township. Having a direct access to the whole multi-integrated community of Iloilo Business Park, owning and buying a commercial lot here will allow businesses to thrive and investors will elevate their business plans. Bank and financial institutions are encouraged to purchase a commercial property here since this will be the future center of finance and commerce. For OFWs and future entrepreneurs, building your own commercial buildings and invest on different business ventures here will increase your profitability. Right now, 80% of the commercial lots are being sold out among financial institutions and entrepreneurs, making this area attractive among real estate investors. Megaworld, the developer of Iloilo Business Park envisioned to develop this area as the future Central Business District (CBD) in the coming years that will soon become the biggest in the Visayas.

For real estate investment, call (033) 330-3464 or visit us at


Reasons Why Condo Lifestyle is Taking Centerstage at Iloilo City


Close-up look on Condominium Model Units at Iloilo Business Park Sales and Information Center, open any day of the week for client’s visit

In Iloilo City, condominium lifestyle may not be as popular in the heydays compared in recent years. Ilonggos have already elevated their lifestyle perspective by embracing the concept of upscale condominium living with the continued infrastructure and investment projects swiftly changing the metropolis vibe of the city. Many Ilonggos working abroad have already considered condominium lifestyle as their best option not just to invest but to consider living a luxurious life after their retirement. For the typical middle and upper class Ilonggo families, owning and investing a condominium right now is more than just luxury, it is a guarantee that lifestyle in their progressive city is different and moving higher in terms of future perspective.

But what makes investing for condominium lifestyle in Iloilo City the best choice you can have right now? It is seamless kind of life and will go with the trends of development? Here are some important reasons to consider when investing for a condominium in Iloilo City: prime location, security, world-class amenities and living in an upscale community. Are you ready to own a condo in Iloilo City?

Great Location

Never forget that location is vitally important in investing for a condominium.  In the real estate industry, location is always the prime factor when determining the value of a property. After all, access and convenience are often the key reasons why people consider buying a condo unit in the first place — they want a home that is accessible to all the places of interest such as offices, schools, malls, restaurants and hospitals. Iloilo City is moving in that direction: fast-paced lifestyle, rising metropolitan center of business and investments – the location is perfectly changing and goes up higher.


Developer’s reputation is important

You can always trust that your investment for your condominium unit will be worth it if you consort with a reputable developer.  Megaworld, the country’s leading property developer and pioneer of ‘live-work-play-learn’ township concept in the Philippines, has brought the very first after-sales services for condominium buyers, assuring you a hassle-free and seamless experience from the time you plan of buying a ready unit, to designing your living space and turnover, until you plan to re-sell or lease out your condo unit. Through the company’s dynamic marketing division, clients can enjoy services like Leasing and Resale Management, Maintenance and Turnover, and Free Interior Design Services. Leasing and Resale Management takes care of selecting and negotiating bank finance options in behalf of client as well as refurbishment of units in preparation for leasing or resale of the property. Meanwhile, Turnover and Maintenance Services, allows a smooth and hassle-free turnover process of the purchased condo units to clients.

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Upscale Amenities to Enjoy Life

The best reason you bought a condo is to enjoy life and experience a fair share of luxury that you’re dreaming of. You condominium unit must be located within a community where lifestyle amenities are readily available. Within the residential tower, there must be a lifestyle amenity deck or a recreational space where residents can enjoy swimming in the swimming pool, a fitness gym to stay active, a pocket garden to unwind, a function room for various life celebrations, a comfy guest or main lounge for your visitors, a daycare where working parents can leave their young children during work hours; an element of commercial ambiance where bistros, cafes or retail shops are located right at your doorstep. This kind of condo unit you can own must interweave and connects with the lifestyle of the whole vibrant community.

Consider Affordability of Monthly Amortization

After all the considerations about the perfect unit have been made, here comes the tricky part that you wish you never have to deal with but is, in fact, the most important: Considering your current income and future plans, calculate if you can actually afford this significant investment. Before saying yes to anything, you have to reflect on your financial means, and whether you are going to be doing it on your own or with someone else. You also have to consider unforeseeable events like unemployment and sickness that will sometimes force you to realign your budget.  For this, the key is to choose a unit that will not stretch your budget too thin and allow you leave room for emergency expenses.

Present aerial site update of Iloilo Business Park, Western Visayas’ biggest lifestyle investment and lifestyle township


Artist’s perspective of One Madison Place set for turnover this year


A Paris-inspired perspective of Saint Honore, Iloilo Business Park’s newest residential tower

Condo Lifestyle in the City of Love

Considering all of these significant things to understand before making the decision to own a condominium in Iloilo City, it’s about time we take you to Iloilo Business Park, Megaworld’s 72-hectare business and lifestyle township rising in the old Iloilo airport in Mandurriao District. This future commercial area touted to become the epicentre of investments offer an upscale lifestyle that replicates world-class residential living within a modern community. In the residential district of Iloilo Business Park, the first three residential towers that will rise is One Madison Place (set for turnover this year), the Spanish-French-inspired tower Lafayette Park Square (set for 2018 turnover) and the tallest tower in the region – The Palladium with 22 floors. Another addition to the high-end lifestyle in the township is Saint Honore, a Paris-inspired condo tower with 10 floors rising with classy amenities.

Megaworld ensures that every residential condominium tower they conceptualize will showcase not just the world-class luxury and amenities, but the concept of connecting it with the lifestyle of the township. Iloilo City is taking the center stage as the next best investment destination in the country, strengthening its tourism and cultural potential, and opening more doors for global opportunities, with these exciting developments and lifestyle perspective, particularly the concept of condominium living is slowly etched in the consciousness of modern Ilonggos, who believes that their city is the next highly-urbanized metropolis in the Philippines. But the best reason why it’s wiser to invest for a condominium and own one in Iloilo City is: there’s less pollution, the city’s ambiance is relaxing, traffic hassle is still manageable and Ilonggos are lovers of creating a balance between nature and progress.

Are you ready to own a condo in Iloilo City? Head on to Iloilo Business Park to take a glimpse of our model condo units at IBP Sales and Information Center or call (033) 330-3464. Check out updates online at


WOFEX 2017 held at Iloilo Convention Center

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Celebrating excellence and new innovations in the field of culinary arts and industry, World Food Expo (WOFEX) 2017 was held at Iloilo Convention Center in Iloilo Business Park on February 23, 9AM until February 25. WOFEX is the Philippines’ biggest culinary event that gathers professionals, chefs and skilled people related in the field of hospitality, food industry and products A wide array of products and services are on display by major F&B suppliers, exhibitors and new industry players. Foreign exhibitors from around the world continue to make WOFEX a truly international exhibition. Not to be outdone are the best of Filipino fare-showcasing some of the country’s best home-grown products.

This time, Iloilo City was honored to be the host of this year’s WOFEX which is dubbed as a popular “culinary destination” in Western Visayas. Iloilo City is known for a wide-array of delectable cuisines, sweets and local products that make it an ideal tourism destination. The event was graced by special honorary guests including Iloilo City Mayor Jed Patrick Mabilog as keynote speaker, Iloilo Vice Mayor Jose Espinosa III, Iloilo Provincial Administrator Raul Banias, Department of Trade and Industry Regional Director Rebecca Rascon, Department of Angriculture AMD Chief Maria Teresa Solis, Department of Tourism Special Events Officer Pamela Denise Cababasay, Island Living Channel Chairman-CEO Radjie Caram, Iloilo Hotels, Restaurants and Resorts Association President Angela Abenir, Iloilo Business Park Vice President for Sales and Marketing Jennifer Ann Palmares-Fong, and PepTarsus, Inc., Vice President Randy Manaloto.

Music, Fireworks and More at Iloilo Business Park’s Dinagyang Celebration


Great fun and spectacles are coming to Iloilo Business Park this Dinagyang Festival fever on Saturday, January 21 with a lot of guest artists and surprises. Catch one of the country’s sensational rock bands – the Sponge Cola who will perform their popular hit songs to the delight of Ilonggo crowd at the newly-opened Festive Walk Parade. Enjoy the band’s serenade with non-stop music as they perform live. Other cover bands that will entertain guests and visitors are Kreonz band and Dyevest band starting 4PM until the evening.



The annual fireworks display – Glitters in the Sky at Iloilo Business Park

Around 7PM, Iloilo Business Park will once again light up the City of Love with “Glitters in the Sky” fireworks display in collaboration with Megaworld Lifestyle Malls and the City Government of Iloilo. With the Dinagyang Festival sensation happening in the city, it’s great to savor the exciting culinary fare offered by various restaurants inside the township and at the Festive Walk Parade including Grillers, Farm to Table, DoVa Brunch Cafe, Cable Car and more. Taste the international flavors of delightful gastronomy at Richmonde Hotel Iloilo’s restaurant – The Granary and Bizbar. Swim and relax while watching the cityscape at the hotel’s pool deck.



Dinagyang warriors dancing at the Festive Walk Parade


Richmonde Hotel Iloilo’s impressive pool deck at the 7th floor

Make your Dinagyang celebration special and spectacular at Iloilo Business Park this weekend. Visit the township to see some stunning changes and developments.

Festive Walk Parade 1st Phase opens at Iloilo Business Park

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Megaworld, the country’s largest developer of integrated urban townships, is launching the first phase of the Festive Walk Parade at the 72-hectare Iloilo Business Park township in Mandurriao, Iloilo City.
At 1.1 kilometers and divided into four phases, the Festive Walk Parade is considered as Western Visayas’ longest retail and dining strip. It will showcase local and legendary Ilonggo restaurants as well as international brands.
“With the opening of the first phase of the Festive Walk Parade this Christmas season, Ilonggos will get a taste of the experience that a Megaworld Lifestyle Mall offers. The line of retail shops and restaurants fronting wide arcades, surrounded by beautifully landscaped walkways, makes a stroll along the entire stretch of the Iloilo Festive Walk a truly captivating experience,” said Kevin L. Tan, senior vice president and head, Megaworld Lifestyle Malls.

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The exterior design of the Festive Walk Parade is reminiscent of the Santana Row development in California, with touches of art nouveau and art deco as homage to Iloilo’s own architectural heritage.
At the edge of the development will be the Casa Emperador, which will house the Casa Emperador Museum at its 2nd and 3rd floors. The museum will showcase the rich history and vast collection of one of the world’s biggest brandy producer, Emperador Distillers Inc. Casa Emperador’s facade echoes Iloilo’s very own Provincial Capitol with impressive neoclassical design and proportions, evoking the aesthetics of old European palaces.
Meanwhile, alfresco dining on the development’s second floor will have a spectacular view of the beautifully landscaped Park Square, where a monument of Ilonggo revolutionary hero General Martin Delgado will stand.
“The Festive Walk Parade will serve as a cultural and historical manifesto for Iloilo, a celebration of its heritage and future, establishing a place of economic and civic vibrancy, life and activity,” Tan said.
Early this year, Megaworld announced the completion of around 11 malls and commercial centers in McKinley Hill, Uptown Bonifacio, McKinley West, The Mactan Newtown, Iloilo Business Park, ArcoVia City, Southwoods City and Makati by year-end, totalling to around 371,000 square meters of gross floor area. Just last month, it announced the construction of Northill Town Center at its 53-hectare Northill Gateway township in Bacolod.