‘Gross sales of Megaworld asset in Palawan to succeed in P2.8B’


Megaworld Corp. is anticipating some P2.8 billion in gross sales from its first condominium improvement inside Paragua Coastown, its expansive township in San Vicente, Palawan.

The corporate mentioned it has launched its 10-story Oceanfront Premier Residences, which it should full via 2028.

It can have 189 residence models in various varieties with sizes together with studio with balcony of 32 sq. meters, government studio of as much as 42 sq. meters, government studio with balcony of as much as 38 sq. meters, one bed room with balcony of 44 sq. meters, and government one bed room with balcony of as much as 54 sq. meters.

“Our first-ever residential condominium improvement will rise only a minute’s stroll away from each the seaside and the soon-to-rise Savoy Palawan,” mentioned JR Abustan, head of gross sales and advertising of Megaworld Palawan.

“Future residents will be capable to actually take pleasure in an opulent resort life-style at Oceanfront Premier Residences and marvel at the great thing about the encompassing panorama since Paragua Coastown lies in between the pristine seaside and the mountains.”

All models at Oceanfront Premier Residences will characteristic wi-fi sensible residence techniques, the corporate mentioned.  The tower’s facade incorporates a fashionable up to date design impressed by the waves of the ocean, as seen via layered precast components that give the impression of motion and fluidity.

Retail areas will even be accessible to future residents on the floor degree. The third-floor central amenity space, in the meantime, has an infinity pool that faces the huge Pagdanan Bay. This may also be seen on the facade and lends an much more charming character to the look of your entire improvement.

Quite a lot of inexperienced and sustainability options will even be built-in into Oceanfront Premier Residences. These embody low circulation fee fixtures at bathroom and kitchen areas to advertise water conservation, occupancy sensors in hallways and parking flooring that assist preserve vitality, tools and air-conditioning models with excessive energy-efficiency ranking, rainwater harvesting system, and its personal supplies restoration facility.

About 52 % of the 83-hectare space at present being developed inside Paragua Coastown is devoted to nature-reserved and open areas.

In 2021, Megaworld launched the master-planned Mercato Shophouse District and Porto Resort District which can be each set to be strategically positioned in Kemdeng with its personal beachline. Interconnected with one another, the 2 districts will present handy walkability via expansive sidewalks and bridges that may lead residents and friends to surrounding landscaped parks and gardens, an esplanade alongside the creek, and an upcoming Mangrove Reserve Park.

Megaworld additionally launched the 10-storey Savoy Palawan, which presents 306 visitor rooms. It’s the firm’s first resort in Palawan and the fourth property beneath the Savoy Resort portfolio being managed and operated by Megaworld Accommodations and Resorts.

The city of San Vicente is understood to have the longest white sand seaside within the Philippines, and the second longest seaside in Southeast Asia, which known as the Lengthy Seashore, masking nearly 15-kilometers of shoreline—thrice longer than Boracay’s White Seashore.


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