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Manila Bulletin devider Business devider The Stock Market devider Megaworld to open new malls in Metro Manila, Boracay

Megaworld to open new malls in Metro Manila, Boracay

Published Sep 10, 2025 11:02 am
Top township developer Megaworld Corp. is expanding its commercial portfolio by more than 30,000 square meters (sqm) later this year in response to strong demand for premium commercial spaces in key growth areas, especially in its townships.
In a disclosure to the Philippine Stock Exchange (PSE), the firm said its retail and commercial arm, Megaworld Lifestyle Malls, is set to open this year new malls and commercial projects at McKinley West in Taguig City, Makati City, Alabang West in Las Piñas City, and Boracay Newcoast in Aklan province.
These new retail developments will keep Megaworld firmly on track to meet its target of one million sqm of gross leasable area (GLA) by 2030.
Among the upcoming projects include The Shoppes at Park McKinley West, a two-story retail hub at the podium of the Park McKinley West condominium complex.
It will be highlighted by a curated mix of international retailers, first-in-the-Philippines concepts, and homegrown dining and lifestyle brands.
Another lifestyle mall will also be opened at Vion Tower along EDSA corner Chino Roces Avenue in Makati, while additional retail areas will be opening soon at Alabang West.
At Boracay Newcoast, the company is also opening its Newcoast Beachwalk with an exciting mix of dining, retail, and services concepts that cater to the tourists visiting the island.
“We are growing our leasing business by bringing our signature lifestyle mall concept to more locations while introducing new experiences that resonate with today’s consumers.
“This approach allows us to drive sustained growth for Megaworld and, at the same time, enhance the value of our townships nationwide,” said Graham Coates, head of Megaworld Lifestyle Malls.
Megaworld Lifestyle Malls posted ₱3.33 billion in leasing revenues during the first half of 2025, up 10 percent year-on-year, supported by higher consumer foot traffic and strong leasing demand from premium tenants.
Earlier this year, Megaworld Lifestyle Malls also announced it has expanded its retail spaces at Lucky Chinatown in Binondo, Manila, to 36,000 sqm of GLA with the opening of its Imperial Wing.

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Megaworld Corporation Megaworld Lifestyle Malls Graham Coates
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