As the demand to live in the country's cosmopolitan district increases, Megaworld continuously expands its portfolio of residential condominiums in Makati CBD. Welcome to Makati City . This is the country's leading city and the place to be for business, lifestyle, entertainment, and culture. Explore Makati’s latest offerings and discover the ins and outs of the city, the hottest spots and the hippest happenings. Makati’s lifestyle hotspot—a vast walkable complex with the world-class Glorietta and Greenbelt Malls, which house cinemas and theaters, local and international shops, and homegrown restaurants and international food chains. This lifestyle hub is the Philippine’s shopping mecca, and is serviced by upscale hotels for visitors who want convenient access to its unlimited array of choices. In this section, find shop locations, hot deals, lifestyle events, movie schedules, and more.
Featured projects
THE ELLIS
Turn over date - April 2022
SAN ANTONIO RESIDENCE
Turn over date - 2021
THREE CENTRAL
Turn over date - December 2018
GREENBELT HAMILTON 1 & 2
Turn over date - 2016
PASEO HEIGHTS
Turn over date - December 2017
SALCEDO SKYSUITES
Turn over date - 2019
Corporate Profile
Megaworld Corporationhas a well-earned reputation as the country’s No. 1 residential developer, with more than two million square meters of built space for residential properties ranging from luxury houses to impressive townhouses and condominiums. The Megaworld Group has launched more than 200 residential, commercial and office buildings in the last 17 years. Megaworld Corporation is transforming the Metro Manila landscape through a series of large-scale residential and office developments including urban centers integrating office, residential and commercial components. Apart from its core business of property development, Megaworld as a holding company is into merchandise trading as well as hotel and leisure.
Megaworld continues to build upon a track record for quality and innovation centered on customer satisfaction through high-caliber projects delivered on time and backed by professional property management and after-sales services. Today, the Megaworld brand reflects the proud achievements of a property company whose various projects have enhanced the urban landscape—providing the living, working and leisure environments that allow families to enjoy life better and businesses to thrive and grow.
Megaworld has been recognized within the country for its leadership in the real estate industry. These awards include:
Awarded Marketing Company of the Year (Agora Award) by the Philippine Marketing Association in 2004
Named Quezon City’s Top Taxpayer for 2005 and 2006
Taguig City Outstanding Citizen for 2006 (#12 Taxpayer)
Awarded Developer of the Year by the Chamber of Real Estate & Builders’ Association, Inc. or CREBA in 1995
Among its most distinguished accolades abroad are:
Voted as Best-managed Philippine Company by Finance Asia (1999, 2001, 2004 and 2007 – Ranked 1st); Euromoney (2003) and Asiamoney (2007)
Voted Best in Investor Relations by Finance Asia (1999, 2004, 2006 and 2007 – Ranked 1st) and Asiamoney (2004, 2007)
Voted as the Philippines’ Best in Corporate Governance by Finance Asia (2006 and 2007 – Ranked 1st) and Euromoney (2003)
Voted by Euromoney as Best Property Company in Asia (2003, 2005)
Awarded by Reader’s Digest as a Philippine Superbrand in 2004
IR magazine’s Best Investor Relations in the Singapore Market by a Philippine Company in 2007
Voted among Asia’s Best-Managed Companies by Finance Asia in 2006
“We are proud of the strong and proven track record of Megaworld – not only in finishing all of our projects, but in being a company that’s well respected locally and internationally throughout the years,” Megaworld Chairman and CEO Andrew Tan said. The Company was founded by Andrew Tan and incorporated under Philippine law on August 24, 1989 to engage in the development, leasing and marketing of real estate. The Company initially established a reputation for building high-end residential condominiums and commercial properties located in convenient urban locations with easy access to offices as well as leisure and entertainment amenities in Metro Manila. Beginning in 1996, in response to demand for the lifestyle convenience of having quality residences in close proximity to office and leisure facilities, the Company began to focus on the development of mixed-use communities, primarily for the middle-income market, by commencing the development of its Eastwood City community township. In addition, the Company engages in other property related activities such as project design, construction oversight and property management. In 1999, Eastwood City Cyberpark became the first IT park in the Philippines to be designated a PEZA special economic zone.
Current Property Development Projects The Company’s current property development projects consist of mixed-use residential and commercial developments located throughout Metro Manila, Cebu, Iloilo and Davao. The objective of each of the mixed-use developments is to provide an integrated community with high quality “live-work-play-learn” amenities within close proximity to each other. Each of the Company’s main projects is described below.
Eastwood City
Eastwood City is a mixed-use project on approximately 18 hectares of land in Quezon City, Metro Manila that integrates corporate, residential, education/training, leisure and entertainment components. In response to growing demand for office space with infrastructure capable of supporting IT-based operations such as high-speed telecommunications facilities, 24-hour uninterruptible power supply and computer security, the Company launched the Eastwood City Cyberpark, the Philippines’ first IT park, within Eastwood City in 1997. The Eastwood City Cyberpark includes the headquarters of IBM Philippines and Citibank’s credit card and data center operations as anchor tenants. In connection with the development of the Cyberpark, the Company was instrumental in working with the Philippine Government to obtain the first PEZA-designated special economic zone status for an IT park in 1999. A PEZA special economic zone designation confers certain tax incentives such as an income tax holiday of four to six years and other tax exemptions upon businesses that are located within the zone. The planning of Eastwood City adopts an integrated approach to urban planning, with an emphasis on the development of the Eastwood City Cyberpark to provide offices with the infrastructure such as high-speed telecommunications and 24-hour uninterrupted power supply to support BPO and other technology-driven businesses, and to provide education/training, restaurants, leisure and retail facilities and residences to complement Eastwood City Cyberpark.
Once the entire residential zone of Eastwood City is fully developed, it is expected to consist of at least 20 high-rise towers. Each tower is designed according to a specific theme and style. Typical building amenities include 24-hour security, high-speed elevators, parking, a swimming pool and other recreational facilities.
The office properties at Eastwood City consist of office buildings. Tenants in the Eastwood City Cyberpark include major multinational corporations, largely comprised of software developers, data encoding and conversion centers, call centers, system integrations, IT and computer system support. The tenants, which include Citibank, IBM and Dell, are able to benefit from a variety of business and tax incentives in conjunction with the PEZA special economic zone status conferred upon the Eastwood City Cyberpark.
The leisure and entertainment zone consists of the Eastwood Mall, Eastwood Richmonde Hotel, Eastwood Citywalk I, a dining and entertainment hub, and Eastwood Citywalk II, an amusement center with a state-of-the-art digital complex, a billiard and bowling center, restaurants and specialty shops, which are designed to complement the office and residential buildings in the community township.
Forbes Town Center The Forbes Town Center is located on five hectares of land in Bonifacio Global City, Taguig, Metro Manila adjacent to the Manila Golf Club, the Manila Polo Club and the prestigious Forbes Park residential subdivision. Upon completion, Forbes Town Center is expected to consist of residential, retail and entertainment properties.
Once completed, the residential zone is expected to consist of at 13 towers consisting of the Forbeswood Heights, Bellagio, Forbeswood Parklane, and 8 Forbes Town Road condominium projects. The leisure and entertainment zone is devoted to bars, restaurants and specialty shops, which are designed to complement the residential buildings in this development as well as the surrounding office areas in Bonifacio Global City.
McKinley Hill The McKinley Hill is a community township located on approximately 50 hectares of land in Fort Bonifacio, Taguig, Metro Manila. McKinley Hill consists of office, residential, retail, educational, entertainment and recreational centers.
The residential zone consists of subdivision lots for low-density single-detached homes, clusters of low-rise residential garden villas and residential condominiums.
The office properties will include the McKinley Hill Cyberpark which is a PEZA-designated IT special economic zone. Tenants of the office properties will largely be comprised of software developers, data encoding and conversion centers, call centers, system integrations, IT and computer system support.
The leisure and entertainment zone will consist of bars, restaurants, specialty shops, cinemas and sports complex, which are expected to complement the office and residential areas in the community township.
Three international schools, the Chinese International School, the Korean International School and Enderun College, a hotel management institution affiliated with Les Roches of Switzerland, will initially comprise the “learn” component of the township.
McKinley Hill is likewise home to the British Embassy which relocated on a 1.2 hectare property within the development and the Korean Embassy which is located in a 5,822 square meter site within the project.
Newport City Newport City is a community township located on 25 hectares of land at the Villamor Air Base, Pasay City, Metro Manila, across from the NAIA Terminal 3 and adjacent to the Villamor golf course. The Newport City similarly integrates the live-work-play concept of Eastwood City, with the exception that it will be targeted towards tenants and buyers who consider proximity to the NAIA Terminal 3 an advantage.
The residential zone will consist of eight to nine-storey medium-rise buildings. The corporate zone is expected to be comprised of office buildings. The Company expects to establish a PEZA special economic zone cyberpark at Newport City.
The leisure and entertainment zone is expected to consist of bars, restaurants, retail and tourist oriented shops, which are designed to complement the office and residential buildings in the community township. Newport City is home to Resorts World Manila, which is a leisure and entertainment complex comprising gaming facilities, restaurants, hotels and shopping outlets.
Upon full development, the hotel zone shall comprise the Marriott Hotel, Maxims Hotel, Remington Hotel, Belmont Luxury Hotel and Savoy Hotel.
Manhattan Garden City Manhattan Garden City is a residential development project which is expected to consist of 20 residential towers on a 5.7-hectare property at the Araneta Center in Quezon City. The Manhattan Garden City will be the Philippines’ first major transit-oriented residential community, having direct links to two light rail transport lines, the MRT-3 and the LRT- 2. The MRT-3 line runs north to south along the EDSA highway in Metro Manila while the LRT-2 line runs east to west along Aurora Boulevard across Metro Manila. All key areas along the transportation lines within Metro Manila will be easily accessible from the development. The amenities of the Araneta Center such as the Gateway Mall will be available to residents of Manhattan Garden City.
Cityplace The Cityplace project is a mixed-use project under development on a 2.5-hectare lot in Binondo, Metro Manila. The development is expected to have over 2,000 residential condominium units and a shopping center called Lucky Chinatown Mall. The development is also expected to include a public car parking facility, new bypass roads and pedestrian overpasses to make the project environment and pedestrian-friendly.
Uptown Bonifacio The Company is developing Uptown Bonifacio, an approximately 15.4-hectare property in Fort Bonifacio in Taguig, Metro Manila. Uptown Bonifacio is comprised of a residential portion in the northern part of Fort Bonifacio, and a portion for mixed-use, comprising office and retail space, on a parcel of land owned by NAPOLCOM. The Company will develop Uptown Bonifacio under joint venture arrangements with BCDA and NAPOLCOM. Condominium developments within Uptown Bonifacio include One Uptown Residence and Uptown Ritz Residences. The Company expects to invest approximately Php65billion in Uptown Bonifacio.
McKinley West The Company is developing McKinley West, an approximately 34.5-hectare portion of the JUSMAG property owned by BCDA and located across from McKinley Hill in Taguig, Metro Manila. The development of McKinley West into a mixed-use project is another joint venture undertaking with BCDA.
The Mactan Newtown The Mactan Newtown is an expected mixed-use township development on a 28-hectare property near Shangri-La’s Mactan Resort and Spa in Mactan, Cebu. The first phase of the project is expected on completion to comprise high-tech BPO offices, a retail center, luxury condominiums, leisure facilities and beach resort frontage. The Mactan Newtown is approximately 10 minutes away from the Mactan-Cebu International Airport, the Philippines’ second largest airport.
Iloilo Business Park Iloilo Business Park is a mixed-planned community in a 72-hectare property in Mandurriao, Iloilo. When completed, it will be a mixed-use business, tourism, commercial and residential hub with a residential community, BPO office buildings, hotels, a convention center, retail centers and a lifestyle center, all at the heart of Iloilo, a new growth center in the Visayas. The entire Iloilo Business Park development was registered as a special economic zone with the Government, which allows it to benefit from a tax holiday period as well as other incentives for investors.