Megaworld Corporation, one of the biggest real estate companies in the Philippines, announced that it sold almost P30 billion worth of properties in the first three months of 2026. This represents a 10% increase compared to the same period last year, according to a disclosure filed with the Securities and Exchange Commission on June 2, 2026.

What Are Reservation Sales?

Think of reservation sales like when you reserve or book something you want to buy later – in this case, condominiums, houses, or other properties. When people pay to reserve these properties, the company counts it as reservation sales even though the building might not be finished yet.

Breaking Down the Numbers

The Megaworld Group recorded P29.7 billion in reservation sales during the first quarter of 2026, which is 10.4% higher than the same period in 2025. To put this in simpler terms: if they sold P100 worth of properties last year, they sold P110 worth this year.

Out of this total amount, Megaworld itself contributed about 71% or P21.2 billion. The star performer was a building called Uptown Modern in Uptown Bonifacio – a 54-story tall building that alone brought in P3 billion in sales during the first three months.

Where Are People Buying?

According to the company, people are buying properties in both Metro Manila and the provinces. Some of the popular projects include:

• In Metro Manila: Park McKinley West at McKinley West in Taguig City, and One Crown Suites at Winford Resort Estate in Manila
• In the provinces: Ilocandia Beach Village in Laoag City (Ilocos Norte), Maple Grove Park Village in General Trias (Cavite), Santé Residences Palawan in San Vicente (Palawan), Firenze in Iloilo City, and La Victoria Global Residences in Lapu-Lapu City (Cebu)

New Projects Launched

During the first quarter, Megaworld introduced two major new developments in the provinces:

1. Santé Residences Palawan – A 14-story building that’s the Philippines’ first WELL-registered residential development (meaning it’s designed to promote health and wellness). The company expects this project to generate P6.5 billion in sales.
2. Ilocandia Beach Village – A 19.4-hectare beachfront property expected to bring in P4 billion in sales.

The company also announced it’s developing The Sugartown, a 97-hectare project in Talisay City, Negros Occidental. This will be Megaworld’s 37th township development.

What Company Leaders Are Saying

Lourdes T. Gutierrez-Alfonso, President and CEO of Megaworld, explained that their residential business remains strong despite challenges in the business environment. She credited the company’s “township model” – which means creating complete communities with homes, offices, shops, and lifestyle facilities all in one area – as a key reason for their continued success.

About Megaworld Corporation

Megaworld is celebrating its 37th year in the Philippine real estate industry this June 2026. The company has grown to become one of the country’s largest property developers with:

• Over 800 residential developments across the Philippines
• 37 townships covering more than 7,000 hectares of land in Luzon, Visayas, and Mindanao
• The largest office landlord in the Philippines
• The largest hotel operator in terms of room keys in the country

According to the SEC filing, Megaworld has 32.4 billion common shares and 6 billion preferred shares outstanding, for a total of 38.4 billion shares.

The information in this article is based on Megaworld Corporation’s SEC Form 17-C filing dated June 2, 2026.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.