Megaworld Corporation has created a big name for itself over the years, exemplifying excellence in the Philippine real estate industry. Today, as it continues to expand its brand, the company believes that there are no boundaries when it comes to reaching and engaging customers.
Megaworld, with its years of experience in feeling the pulse of its niche market, has developed a keen understanding of the kind of real estate products and services that click with its customers. As a developer, the company has gone from strength to strength, building stand-alone projects, townships, central business districts, and now, integrated tourism communities.
As a marketer, it is taking the Megaworld brand to new heights in the international scene. Through Megaworld International, its overseas marketing arm, Megaworld is reaching out to more Filipinos based abroad. The marketing group's message: As the Philippines' No.1 provider of mid-income residential condominiums and business process outsourcing office spaces, and as the pioneer of a live-work-play-learn lifestyle, Megaworld is creating the best value for real estate customers and investors.
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Megaworld to Spend 35-Billion for New Township in Pasig
PROPERTY developer Megaworld Corp. on Tuesday said it will spend some P35 billion in developing its newest township in Pasig City, as the company moves to serve the demand of companies that are looking to expand around the Ortigas Central Business District area.
Its development will be called Woodside City and will rise at the former site of the 12.3-hectare Ajinomoto factory on C-5 road in Pasig.
The P35-billion investment will be spent for the next 10 years for the township, a term used for the development of clusters of residential, commercial and office buildings.
The company is still in the development stage of the plan for the township. Its initial phase will consist of three high-rise office buildings, which will have a total space of 150,000 square meters.
The first tower, to be designed by American architectural firm Skidmore, Owings and Merrill (SOM), will be launched early next year and will be completed by 2017. It will have about 50,000 sq m of space.
Global-Estate to invest P10 billion in Southwoods City
Global-Estate Resorts Inc. (GERI), a unit of Megaworld Corp., revealed plans to spend P10 billion to redevelop the sprawling Southwoods City project in southern Luzon, as the company plans to turn it into an integrated master-planned community with a golf course.
Southwoods City is composed of 561 hectares that straddles Carmona in Cavite and Biñan City in Laguna.
GERI plans to spend the said amount in 10 years. Megaworld will be bringing its expertise to this new township in the south, giving a vibrant mixed-use community that incorporates the live, work, play and learn lifestyle concept in this multibillion-peso development.
Megaworld refocuses sights on Makati CBD
Property developer Megaworld Corp. said it is building at least three more high-end residential-condominium towers in the Makati Central Business District (CBD) within the next two years, one of which will be launched later this week. This is part of the company’s continued efforts to build its assets in the country’s main financial center.
The project is called Salcedo SkySuites, a 31-story residential tower on HV dela Costa Street in Salcedo Village, Makati City. Salcedo SkySuites is expected to be completed in four years. Megaworld expects to raise some P2 billion from the project, which is geared toward the high-end market.
Makati CBD remains to be the premium address in Metro Manila for both office and residential spaces. The said project will have 11 units per floor. The design allows each unit to have its own balcony and garden patio. A total of 253 units will be sold in the tower.
The company expects to sell out Salcedo SkySuites in less than six months and is optimistic that with Makati CBD’s prime location and the high resale and rental values of properties within the area, people will still consider Makati CBD as their top priority location for property investments.
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