Real Estate property

Iloilo Business Park: A Glance of Developments and Opportunities

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Iloilo Convention Center resembles Iloilo’s cultural heritage and economic glory as a modern convention venue.

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 The present site where One Madison Place will soon rise.PALLADIUM-EXTERIOR-0011

An artist’s perspective of The Palladium, the tallest residential tower in Western Visayas.

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Artist’s perspective of Lafayette Park Square.

A quick glance at Iloilo Business Park, the 72-hectare business and commercial township in Mandurriao, Iloilo City which was once an old airport is truly captivating and inspiring. Megaworld, the country’s leading real estate developer and BPO landlord visualized a bustling modern community and financial center when Iloilo Business Park was laid into a life-changing plan a few years ago. When it finally opened in 2013, the township started to promote a genteel yet vibrant lifestyle that Ilonggos and future investors can look forward to when living in Iloilo City. Iloilo Business Park opened a doorway of many possibilities in reclaiming the once affluent economy and tourism of the city. The metropolitan-inspired “condo lifestyle” was introduced by Iloilo Business Park to Ilonggos with its first residential tower – One Madison Place, an ultra-modern condominium comprised of 3 towers, stunning amenities and a lifestyle interconnected with the township’s bustling activities. Lafayette Park Square, another 16-storey residential tower came into the spotlight by introducing French and Spanish-inspired architectural design, first-class amenities and a vintage-perspective lifestyle for condo buyers. The third residential tower that further captured the interest of client and investors is The Palladium, standing tall with 22-floors, the tallest edifice in Western Visayas, and inspired by the rarest metallic element of the earth. The Palladium offers high-life with its serene four sky gardens, infinity pool, exciting unique amenities and by offering the first of its kind “Loft Units” located in the Penthouse level.

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Richmonde Hotel Iloilo is the first high-end luxury hotel that opened in Iloilo Business Park this year.

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A view of the Megaworld Boulevard where the Festive Walk Mall (left) is being constructed and the biggest McDonald’s in Panay Island can be seen.

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The long-stretching Megaworld Boulevard where 30% of the old Iloilo Airport runway was retained, Iloilo Convention Center and Richmonde Hotel can be seen on the left while One Techno Place is being constructed in the right.

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The Street of Festive Walk (current construction photo update) excites many Ilonggos to enjoy this vast shop-and-dine strip in the near future.

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BPO Building One Global Center is the current office and operation site of call center company Transcom Asia.

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Iloilo Business Park’s Showroom will be the biggest in the region soon to be completed next month.

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A glance of Megaworld Boulevard over-viewing McDonald’s, Festive Walk Mall and Richmonde Hotel Iloilo.

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The Courtyard by Marriot, another high-end international hotel set to open in IBP next year.

Going back to the “site-seeing” passion, these days, Iloilo Business Park is swiftly taking shape as a prominent business center and future commercial destination for locals, visitors and investors. The infrastructure projects being done in the township creates an exciting “sneak peek” of the great things and happenings to come.  The first two BPO Buildings – One Global Center and Two Global Center where BPO companies Transcom Asia and StarTek currently holds their Iloilo office and operation sites, respectively. Two more BPO Buildings are under construction such as One Techno Place and Two Techno Place. The IT-BPO sector would greatly benefit with Iloilo Business Park by providing an estimated 30,000 local employment opportunities for Ilonggos in the next 10 years. Richmonde Hotel Iloilo, a first-class luxury hotel opened a few months ago offering gracious accommodation and exciting destination for visitors with their classy bistros such as The Granary and Bizbar. On the other side of the hotel is Richmonde Tower where BPO company Reed Elsevier, Iloilo Business Park Marketing and Operation Divisions hold their offices on the third and fourth floors, respectively. Courtyard by Marriot, another international hotel is set to open in 2016 at Iloilo Business Park will be sharing its world-class accommodation and amenities to locals and tourists visiting the township. The Iloilo Convention Center is located right across Richmonde Tower. Considered as an iconic landmark and boasts with world-class convention facilities, the 3,700-seater Iloilo Convention Center inspired by the Paraw Regatta sail fins and having a Dinagyang Festival warriors’ emblem, is the recent venue of APEC ministerial meetings this year. Iloilo Convention Center will prove to become Iloilo’s exciting venue for international and prominent events as well as conventions in the future. In fact, it is fully booked with events until next year. The next shopping center in the city is Festive Walk Mall, inspired by Megaworld’s classy lifestyle malls in Manila set to open in 2016. This shopping haven will have a prestigious line-up of international clothing brands, boutiques, retail stores, 8 world-class cinemas, events center and bistros. Right across the mall is the Mall Annex and the Street of Festive Walk, considered as the longest shopping-and-dining strip in the country. This is the one-stop destination for well-known bistros, restaurants and the biggest names in the culinary scene schedule for completion next year. The Street of Festive Walk will emphasize Iloilo as a “mecca of gastronomy and food lovers” where lifestyle, leisure and entertainment converges in one place of interest.

Moving further at the tip of the Megaworld Boulevard, the main highway of the township with bike lanes on its side, is leading onlookers at the Boutique Hotel and Commercial District, the future Central Business District (CBD) of Western Visayas. With 10 blocks and 9.2 hectare area intended for business and commercial spaces, almost 80% of lots are already sold to financial institutions and private entrepreneurs this year, giving a strong indication of investment influx in the township. Metrobank and Unionbank are two prominent bank companies have already secured their space in Iloilo Business Park.

A strong partnership with the local government of Iloilo City and Province, agencies and business circle whose goal is to highlight the undeniable potential of Ilonggos in making global relation and passion for business, creates a strong fusion of both economic, tourism and cultural promotion for Iloilo Business Park as a magnet of developments, changes that would lasts a lifetime for many people.

Though a quick glance and site-seeing trip at Iloilo Business Park would give onlookers, locals, visitors and potential investors a preview of the great things to come in this bustling business township, more than the infrastructure aspect, this mixed-use commercial district is raising the standard of living in Iloilo City by opening a doorway of opportunities and sketching a bright future for Ilonggos.

Make things happen and let your dream fall into place at Iloilo Business Park now. For more information, call us at (033) 330-3465, check us online at http://www.iloilobusinesspark.ph or visit our IBP Showroom at the ground level of Richmonde Tower, Iloilo Business Park, Mandurriao, Iloilo City.

Eric Soriano Talks about Real Estate in a fast-rising Philippine Economy  

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“The Philippines is no longer a sick man in terms of economy in Asia next to China for the last 8 years,” says Professor Enrique “Eric” Soriano, an international real estate expert whose expertise transcends vision into success as he currently fulfils his passion as chair of the Marketing Cluster and Program Directorship for Real Estate at the Ateneo Graduate School of Business. Professor Soriano’s extensive career experience in real estate consultancy and management in the Asia Pacific Region spans for over 25 years.

“In terms of economy, the Philippines is experiencing a steady upward growth in the economy, and one of these factors is the steady rise of the real estate sector,” he added. He talks with sheer passion and sometimes, entertaining yet witty remarks as guest speaker for Iloilo Business Park’s recent open house event entitled “Merience Cena” at the function hall of Richmonde Hotel Iloilo last July 25. According to him, real estate contributed a lot in invigorating the economy, and steadily brought visible stability with the influx of real estate projects happening all over the country. Filipinos should now have a sense of value and pride of their country because we are on the verge of elevation in terms of our economy and role in development in Southeast Asia.

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Professor Soriano believes in “creating and conceptualizing value for real estate.” It is very important to consider our short-term and long-terms goals as an intelligent approach in the real estate investment. Though there is a soaring rise of developments in the real estate business, but still, those who intend to invest must know how to put their hard-earned money wisely by choosing credible developers. He emphasized the need to get your money’s worth, and the first thing to consider investing is finding out its true value. He pointed out that there are various advantages in investing for real estate either in megacities like Manila or uprising metropolises like Iloilo outside Luzon. Iloilo Business Park, Megaworld Corporation’s largest multi-facetted integrated business township that spans 72-hectare in Mandurriao, Iloilo City is the right kind of project that investors should consider investing in.

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Professor Eric Soriano discussed about the importance of choosing the right real estate project and developer for your dream investment. (photo by Ronelo Ladiao) 

“What makes an ideal place to live and invest?,” he asks the audience while his changing the slide for his presentation. According to him, the best community to invest must be a place that fuses strong sociability factor – neighborly, cooperative and welcoming; unlimited lifestyle access and linkages for walkable spaces, various conveniences from nearby establishments and transportation accessibility; supports different leisure activities within the area, and must transcend visuals for comfort – clean, charming, attractive and historic scenery. He further discussed that an integrated community must be “people oriented development.” Simplifying the idea emphasizes density – urban development not sub-urban, diversity- mixed-use and mixed income, and design – walkable development. When these important aspects of an integrated community or a business township will be met successfully, then it is the best time to invest by buying a condominium or invest in commercial lots where business opportunities are possible. Iloilo Business Park is one of the country’s most complete business townships in the Philippines that offer a near-complete lifestyle with multi-functional accessibilities.

As the discussion turned interesting, he talks about the true value of real estate economics, statistics and metrics that ultimately leads to synergy of developments and tangible steady surge of economic progress. Before he ended his significant talk, he quoted centuries old Chinese proverb that cleverly pose the question: “when is the best time to plan a tree?” The answer was 20 year ago, but the second best is now. Real Estate is about envisioning something great for your future, and it should start with the investment of trust and credibility with developers that will ultimately lead to the fulfillment of our dream lifestyle.

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Professor Eric Soriano received a token and certificate of appreciation from Iloilo Business Park’s dynamic Head of Sales and Marketing, Jennifer Ann Palmares-Fong. (photo by Ronelo Ladiao)

Afterwards, he told the audience that he is open for questions. Like a well-motivated and inspired group of audience sharpened by true sensible speaker who speaks from experience, the questions overflowed. But from what we’ve learned from him – the best choices in life are those pursued intelligently that holds greater purpose set to transcend change.

Looking for a lifestyle and investment that really matters? Make that call now at (033) 330-3462-65 or visit us in our showroom at the ground level of Richmonde Tower, 8 Enterprise Road, Iloilo Business Park, Mandurriao, Iloilo City. For online, visit us at http://www.iloilobusinesspark.ph. (Ronelo Sanchez Ladiao)

See The Palladium at the Tip of your Fingers

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Taking the multimedia marketing and online innovation to a higher ground, Iloilo Business Park will be making a mark with The Palladium’s Electronic Brochure (E-brochure) available for download online via our official website. Just click and visit this link: http://www.iloilobusinesspark.ph/projects/palladium/

The Palladium is the 5th residential tower launched by Megaworld Corporation in 2014 as part of the expansive residential district of Iloilo Business Park, the biggest 72-hectare mixed-use commercial complex and business township in Western Visayas located in the old Iloilo Airport in Mandurriao, Iloilo City. The Palladium is named after the rarest metallic element of the Earth for its unique features as the highest tower in the region with 22 floors and topmost penthouse level where ultra-luxurious loft units allow its residents to see a special cityscape view of Iloilo. The tower also boasts with 4 multi-level sky gardens sharing a nature-like serenity and ambiance. The Palladium has a third level amenity floor where residents can enjoy a grand infinity pool, lifestyle areas like fitness gym, outdoor gym, open spa, function hall, daycare and a stunning main lobby.

The Palladium E-Brochure is viewed as not just an innovation where future residents, condominium buyers and investors will be given the ease to have a glimpse of this first-class residential tower right at the tip of their fingers online, but it would make them feel the passion, the rare luxury and the prestige that they can experience in the future.

Experience life on top of an emerging lifestyle trend in Iloilo Business Park now. Visit our website and download it now. Would you like to talk with us further about the project? Call us at (033) 330-3462-65 or visit us in our showroom at the ground level of Richmonde Tower, 8 Enterprise Road, Iloilo Business Park, Mandurriao, Iloilo City.

Iloilo Business Park’s newest promotional flyer design (Inside Page) 

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A radiant new Iloilo City, the regional center of Western Visayas, is taking a promising shape at Iloilo Business Park, the 72-hectare township development of Megaworld Corporation beyond its 25 years of Unparalleled Success. Located in the Mandurriao District, Iloilo City, it is envisioned to become a highly-urbane yet nature-friendly business hub and lifestyle destination in the country. 

Embrace the Extraordinary Experience now! Call us at (033) 320-0712, 0928-353589451, 0917-3524888. Visit us at 2nd floor, Avila Building, Plazuela de Iloilo, Sen. Benigno Aquino Avenue, Mandurriao, Iloilo City.

Iloilo Business Park’s newest promotional flyer design (Cover Page) 

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“Extraordinary Experience awaits you at Lafayette Park Square right in the heart of Iloilo Business Park. The vision of elegance and sophistication beautifully merged with the simplicity and pure passion of everyday life. Lafayette Park Square is inspired by the classic grandeur of Europe featuring French and Spanish architectural designs. The tower’s ground level features world-class amenities for a relaxing dream lifestyle, and an arcade of posh commercial and retail shops for exceptional convenience. ” 

Live the beautiful lifestyle you dream. Call us at (033) 320-0712, 0928-353589451, 0917-3524888. Visit us at 2nd floor, Avila Building, Plazuela de Iloilo, Sen. Benigno Aquino Avenue, Mandurriao, Iloilo City.

Megaworld’s Silver Tie Gala Featured in Major Newspapers

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Megaworld Corporation’s 25th Silver Tie Gala Anniversary event last June 25 at Marriot Hotel Manila was featured in major newspapers and publications in the country, lauding the company’s strong vision to build dreams and make it a reality. Iloilo Business Park is one of the company’s biggest property development projects in the country boasting with 72-hectare township concept and mixed developments aiming to become a center of business and commercial district in Western Visayas in Mandurriao, Iloilo City.