These new developments will cover
an expansive land area of around 2,000 hectares. Most of these are from new
land acquisitions carried by Megaworld Group’s land banking efforts during the
last five years.
Five of these new expansive
townships and lifestyle communities are in Luzon, while one is in Mindanao.
“Currently, we have a little over
4,000 hectares of both developed and developable land. By next year, we will
increase our land ownership and land holding to more than 6,000 hectares as we
continue to focus on our goal to expand to key growth areas in the provinces;
help boost tourism, provide jobs, and further spur economic opportunities
outside of Metro Manila,” reveals Kevin L. Tan, chief strategy officer.
At present, Megaworld already has
24 townships and lifestyle communities spread across the country: Nine (9) in
Metro Manila, which include Eastwood City, McKinley Hill, Forbes Town, McKinley
West, Uptown Bonifacio, Newport City, Alabang West, Westside City, and Arcovia
City; eight (8) in Luzon, which include Capital Town Pampanga, Eastland
Heights, Twin Lakes, Southwoods City, SuntrustEcotown, Maple Grove, Hamptons
Caliraya, and Highland City; six (6) in the Visayas, which include The Mactan
Newtown, Iloilo Business Park, BoracayNewcoast, The Upper East, Northill
Gateway, and Sta. Barbara Heights; and one (1) in Mindanao, the Davao Park
District.
The Megaworld Group is composed of mother
company Megaworld Corporation and its subsidiaries Global -Estate Resorts, Inc.
( GERI), Empire East Land Holdings, Inc. ( EELHI), and Suntrust Properties, Inc.
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