Megaworld to expand township portfolio in Luzon, Visayas this year

Township developer Megaworld is set to launch at least two more townships this year as it continuously ramps up its portfolio of integrated developments outside Metro Manila.

These new townships, covering more than 300 hectares of land, will be developed in key growth areas in Luzon and Visayas.

“As we work towards helping cities grow their local economies and provide job opportunities, we are focused on further expanding our township portfolio in the regions. These two townships have expansive land areas which will further boost our land bank,” says Lourdes Gutierrez-Alfonso, president, Megaworld.

Last year, the company also launched four new townships with a total land area of more than 300 hectares, almost similar to what will be launched this year. These new townships include Lialto Golf and Beach Estates in Lian, Batangas; San Benito Private Estate in Lipa, Batangas; Ilocandia Coastown in Laoag City, Ilocos Norte; and The Upper Central in Cagayan de Oro City.

Currently, 69% of Megaworld townships are in the provinces: 16 in Luzon, six in the Visayas, and two in Mindanao, while only 31% are in Metro Manila.

“Aligned with Alliance Global Group’s vision on tourism, many of these Megaworld townships are drivers of tourism in their respective locations. We build hotels, museums, resorts, malls, sports and leisure facilities, and many other attractions within our townships to support our country’s tourism industry,” says Kevin Tan, president and CEO, Alliance Global Group, the parent company of Megaworld.