Megaworld Condominiums are condominium projects by Megaworld Corporation Philippine’s biggest and most prominent property developer and leading business process outsourcing (BPO) office building provider in the whole country. Captained by real estate mogul and businessman extraordinaire, Dr. Andrew L. Tan, the company started the Live-Work-Play-Learn-Shop philosophy in all of the township projects that are being developed under Megaworld.
Currently, Megaworld has successfully produced eighteen large-scale, strategically planned multi-purpose townships all over the archipelago: Eastwood City located in Q.C. (190,000 sq m), widely considered as being the first technopark in the Philippines; Newport City located in Pasay (250,000 sq m), home of Resorts World Manila; McKinley Hill (500,000 sq m), McKinley West (345,000 sq m), Uptown Bonifacio (154,000 sq m) and Forbes Town Center (50,000 sq m), all situated in Fort Bonifacio, Taguig; ArcoVia City located in Pasig (120,000 sq m); Alabang West in Las Pinas (620,000 sq m); Southwoods City located between Cavite and Laguna (5,610,000 sq m); Suntrust Ecotown in Tanza, Cavite (3,500,000 sq m); Twin Lakes located in Tagaytay (12,000,000 sqm); Sta. Barbara Heights located in Sta. Barbara, Iloilo (1,700,000 sq m); Iloilo Business Park located in Mandurriao, Iloilo (720,000 sq m); The Mactan Newtown located in Cebu (300,000 sq m); Boracay Newcoast located in Malay, Aklan (1,500,00 sq m); Northill Gateway (530,000 sq m) and The Upper East (340,000 hectares) both in Bacolod City, Negros Occidental; Davao Park District located in Lanang, Davao (110,000 sq m).
The company primarily made a name for itself for creating top of the line residential buildings and commercial infrastructures situated in the most convenient urban sites with simple access to business offices, as well as entertainment establishments in the country’s capital, Metropolitan Manila. At the start of 1996, in response to the increasing public clamor for the lifestyle suitability of having great options for residential living in near proximity to work, school, and leisure areas, Megaworld started to shift its focus on the development of multi-purpose neighborhoods, mainly for the middle-income sector, by initiating the development of its Eastwood City township project. Also, the company participates in other real estate related ventures such as project design/improvement, construction oversight and management. In the year 1999, the Filipinos witnessed the inauguration of the first technology-based park in the country, Eastwood City Cyberpark, which also happens to receive the recognition of being a PEZA special economic zone.
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Megaworld Corporation aspires to guarantee your highest satisfaction through topnotch quality products and services conceived in the spirit of improvement and born out of relentless pursuit of innovation and development. The company gives high importance to the continuous advancement of the knowledge and skills of all company personnel, especially its key people, so that they can deliver unparalleled services that only Megaworld can provide.
It all started on August 24, 1989, with the vision of a man named Andrew L. Tan. Initially, it was named Megaworld Properties & Holdings Inc, with purpose of engaging in property development, leasing, and marketing.
Megaworld decided to turn Empire East Land Holdings Inc. into a separate entity in 1994. It is the division that is in-charge of the company’s community housing projects. This decision was implemented for the purpose of streamlining the business operations that separates its high-end residential and office infrastructure projects from its low to mid-level housing ventures.
Undeniably, the enterprise has come a long way since it initiated its business with the erection of a residential building situated in Greenhills, San Juan City, Metro Manila. Due to the ever increasing demand of condominiums, the company increased its operations to take advantage of the country’s economic growth. On June 15, 1994, in just five years after its inception, Megaworld Corporation officially became listed in the Philippine Stock Exchange.
On August 19, 1999, the company shifted its direction from an entirely real estate enterprise into a holding company. With this, the company revised its registered name to what it is presently known, Megaworld Corporation. It may have changed its name, but the core focus of the company’s operation remained to be on property development.
Megaworld successfully maintains its reputation as the country’s biggest condominium developer by having an impressive portfolio that covers vertical structures, residential houses, township communities, hotels, and multi-purpose buildings that primarily caters to the middle and upper class market. Its subsidiary, Empire East Land Holdings Inc., has successfully penetrated and ventured into median-priced developments in the south of Luzon. This is a testament to Megaworld’s commitment to provide high quality real estate developments that caters to each unique needs of every Filipino.