Megaworld Corporation, one of the biggest real estate companies in the Philippines, announced that it will be handing over properties worth about ₱21 billion to buyers this year. Think of it like finally giving the keys to someone who bought a house from you – except Megaworld is doing this with lots of condominiums, commercial spaces, and beach lots all at once!
According to a disclosure filed with the Securities and Exchange Commission on April 22, 2026, the company is ready to turn over several major properties across different locations in the country as part of its plan to grow its township developments.
What Properties Are Being Turned Over?
Megaworld explained that in the coming months, they will hand over the following properties to their buyers:
- Sunny Coast Residential Resort – Located in Westside City, Parañaque City, these are residential condominium units where people can live
- Northwin Main Street commercial lots – Found in Northwin Global City in Bocaue and Marilao, Bulacan, these are spaces where businesses can set up shops and offices
- Paragua Beach Village residential lots – Beachside lots in Paragua Coastown, San Vicente, Palawan, where buyers can build their beach homes. These lots were completely sold out just weeks after being offered for sale
Why Is This Important?
Lourdes T. Gutierrez-Alfonso, who serves as President and CEO of Megaworld, explained that delivering these high-value properties shows the company is keeping its promises to investors and helping develop different areas of the Philippines. She noted that these projects are designed to create jobs, encourage new businesses, and help communities grow in the areas where they’re built.
A Closer Look at Each Property
Sunny Coast Residential Resort is a ₱12-billion project with two towers located behind the Grand Westside Hotel (which will soon be called Mövenpick Manila Bay Westside) in Entertainment City, Parañaque. The special feature? Every unit has a private balcony where residents can watch the famous Manila Bay sunset. Some one-bedroom units even have two levels to give better views of the coast.
Northwin Main Street is an ₱8-billion business district covering 16 hectares. It’s designed to look like New York City’s famous Fifth Avenue – a fancy shopping and business street. This area is part of Megaworld’s bigger 85-hectare Northwin Global City and offers spaces for businesses, shops, and stores. It’s surrounded by parks and gardens, making it easy to walk around.
Paragua Beach Village is located in Megaworld’s eco-tourism township in San Vicente, Palawan. People who buy lots here can build homes near the beach and forest parks. They’ll also be close to the Porto Boutique Hotel and Mercato Shophouse District within the same township.
What Else Is Megaworld Planning?
The company also mentioned that it’s starting land development for two new township projects: an 84-hectare development called Ilocandia Coastown in Laoag City, Ilocos Norte, and a 25-hectare project called San Benito Private Estate in Lipa City, Batangas. For the Batangas project, Megaworld is working together with the group that owns The Farm at San Benito.
About Megaworld Corporation
Megaworld Corporation (PSE: MEG) is a major property developer in the Philippines known for building townships – these are large communities that combine residential buildings, offices, shopping centers, and hotels in one area. According to the disclosure, the company has 32,436,467,872 common shares and 6,000,000,000 preferred shares outstanding, for a total of 38,436,467,872 shares. The company’s main office is located at the 30th Floor of Alliance Global Tower in Uptown Bonifacio, Taguig City.
Source Note: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.
