Iloilo Business Park has spent the last few years building the case that a township can be more than just offices and condominiums. With three museums, a convention center, and a growing dining and retail scene, it has steadily positioned itself as Iloilo City 's center of arts, culture, and...
ILOILO CITY— The office market in Western Visayas is maintaining its resilience as stable vacancy rates and robust take-up counter the recent surge in new supply, according to real estate services firm Colliers Philippines. Joey Roi Bondoc, Colliers Philippines research director, said the vacancy...
Megaworld Corp., the pioneer of the township development model in the country, reported a six percent increase in first-quarter net income as surge in retail spending and recovery in its hotel business offset broader real estate industry headwinds. In a disclosure to the Philippine Stock Exchange,...
Andrew Tan-led top township developer Megaworld Corp. sold ₱1.27 billion worth of MREIT Inc., its real estate investment trust (REIT), to increase the latter’s public float as it gears up for the fifth wave of asset infusion. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday,...
Top township developer is ramping up the development of its 84-hectare Ilocandia Coastown in Laoag City, Ilocos Norte with the launch of a first-of-its-kind beach club following the overwhelming success of its beachside residential village. Megaworld said in a disclosure to the Philippine Stock...
F or decades, the Philippine real estate market was defined by “single-purpose density”—isolated residential blocks or standalone office towers that required a commute for every basic need. As the market matures into a more sophisticated era, buyers are no longer just purchasing a physical...
MREIT Inc. (MREIT), the real estate investment trust (REIT) company of tycoon Andrew Tan-led top township developer Megaworld Corp., reported that it delivered its strongest quarterly performance to date due to the contribution of the recently completed Wave 4 acquisition combined with sharper...
Among 18 regions, Davao ranked fourth as one of the fastest growing economies in the country in 2024, according to the Philippine Statistics Authority central office report. Central Visayas took the lead in growth at 7.3 percent, followed by Caraga at 6.9 percent, Central Luzon at 6.5 percent, and...
Top township developer Megaworld Corp. of tycoon Andrew Tan is set to turn over about ₱21 billion worth of big-ticket properties this year as it accelerates the development of its projects across the Philippines. The firm disclosed to the Philippine Stock Exchange (PSE) on Wednesday, April 22,...
Amid global volatility and local controversies, the Philippine real estate sector continues to show resilience, reinvention, and untapped potential. According to global real estate services firm Santos Knight Frank (SKF), as the real estate sector enters its next phase of growth—the long-term...
Megaworld Hotels & Resorts, top township developer Megaworld Corp.’s hospitality arm, is opening Belmont Hotel Iloilo, its third hotel development within the 72-hectare (ha) Iloilo Business Park in Iloilo City. Located along Festive Walk Parade, just beside Saint Dominique and a short walk...
Top township developer Megaworld Corp. is kicking off the ₱12-billion development of San Benito Private Estate in the next few months with the construction of roads, key infrastructure, and vital township components. The project, a 25-hectare (ha) integrated active wellness township located in...
