Real estate giant, Megaworld to launch 5 new township projects

MANILA – Property development giant, Megaworld Corp. is set to launch five new townships across the Philippines in 2015.

“With our adequate land bank and landholdings, the Megaworld Group is growing its townships to even more cities all over the Philippines. This means, more exciting destinations, more homes to be built, more office buildings to be offered and more jobs for Filipinos. Our vision is to build more world-class townships in every major city in the Philippines year after year,” Dr. Andrew L. Tan, Megaworld chairman and CEO, said in a statement.

In partnership with its subsidiaries, Suntrust Properties, Inc., Empire East Land Holdings, Inc. and Global-Estate Resorts, Inc.., Megaworld will launch two townships in Luzon, two in Visayas and one in Mindanao.

“We still have more lands to develop in our portfolio. Our various groups are working hard to come up with unique concepts and ideas on how we will create more sustainable communities across the country,” Tan added.