urban developments

Megaworld’s 25 Years of Success

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Today, June 19, 2014 marks the 25 Years of passion and realized vision as Megaworld Corporation soar into greater heights this 2014.  Megaworld’s unparalleled and remarkable success as the Philippine’s leading residential condominium developer and BPO office landlord is an iconic achievement in the country’s real estate business. Started in 1989, the company paved way for premier urban developments and breakthrough in introducing high-rise townships in mega Manila. The resounding success led to its timely expansion in premier provincial growth centers starting in Cebu, Iloilo and Davao.

On its 25th year of corporate passion, Megaworld will be earmarking P230 billion capital expenditures (capex) in the next five years of massive township developments with an optimistic vision to surpass the company’s significant achievements in the last 24 years. The capex allocated for developments will finance the construction of more residential and office buildings, hotels, commercial and retail projects within its expanding townships in the Philippines.

Bringing the company’s successful concept of premier urban township to the Visayas, Iloilo Business Park located in Mandurriao District in Iloilo City marks an astonishing achievement as the biggest 72-hectare future business and lifestyle center outside Manila. Iloilo Business Park is the extension of Megaworld’s “dream made into reality” township development to re-capture Iloilo City’s historical mark as the emerging “Queen City of the South.”