Megaworld expands residential portfolio

Megaworld is expanding its residential portfolio inside the 72-hectare Iloilo Business Park (IBP) in Mandurriao, Iloilo City

Set to be the only residential condominium to rise right within the township’s boutique hotel and commercial district is The Pinnacle, Megaworld’s sixth residential property inside IBP. This 20-storey condominium is the ideal property for those who are looking for a home that can also double as a prime investment.

Property values at IBP has seen as much as 127 percent increase from 2013 to 2020.

“Since we started selling our first residential condominium tower here in 2013, prices per square meter have already more than doubled. Those who bought a P3 million, 40-square meter unit seven years ago would see their property appreciating to about P6.8 million today,” said Jennifer Palmares-Fong, vice president for sales and marketing, Megaworld Iloilo.

IBP was named “Best Township Development” at the 2018 Philippines Property Awards.

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