Andrew Tan gives Nesthy a P10-M condo in Davao

Published August 3, 2021, 3:48 PM

by James A. Loyola

Nesthy Petecio, the country’s first silver medalist in women’s Olympics boxing, will receive a P10 million residential condominium unit in One Lakeshore Drive inside the 11.2-hectare Davao Park District in Lanang, Davao City from tycoon Dr. Andrew L. Tan.

Silver medallist Philippines’ Nesthy Petecio poses on the podium with her medal after the women’s feather (54-57kg) boxing final bout during the Tokyo 2020 Olympic Games at the Kokugikan Arena in Tokyo on August 3, 2021. (Photo by Luis ROBAYO / POOL / AFP)

In a statement, Tan’s Megaworld Corporation said the fully-furnished unit is just a little over an hour away from Sta. Cruz, Davao del Sur, the hometown of the Filipina boxer.

“We are very proud of this huge accomplishment of Nesthy Petecio,” said Atty. Harrison Paltongan, president, Suntrust Properties, Inc., a subsidiary of Megaworld.

He added that, “Her silver medal in the Olympics is a historic one because this women’s featherweight division of boxing debuts only in this Tokyo Olympics, and she is the first silver medalist in the category. Rightfully, she deserves the reward from our chairman, Dr. Andrew L. Tan, for the pride she gives to the Filipino nation.”

One Lakeshore Drive was recognized as “Highly Commended” for the Best Residential Development in Davao during the 2016 Philippines Property Awards. Suntrust Properties, Inc. is an award-winning property development company.

Through Megaworld, Tan gave a residential condominium unit in Eastwood City to Hidilyn Diaz, the country’s first Olympic Gold Medalist.