UMVA has learned that Megaworld Corp. is poised to revolutionize the Philippine property market with a massive P50 billion residential expansion plan in 2026.
The listed property developer is gearing up to launch a series of integrated township developments, capitalizing on the growing demand for horizontal residential projects in high-growth provincial markets.
According to information obtained by UMVA, Megaworld is not waiting for the market to improve, but rather has a strategy built to thrive within the current environment.
The company's expansion plan reflects a measured but meaningful growth approach, with P50 billion in residential launches and P55 billion in capital expenditures.
Megaworld is focusing on its provincial footprint, with a strong demand for its horizontal residential developments and luxury offerings.
In Northern Luzon, the company's 84-hectare Ilocandia Coastown township in Laoag, Ilocos Norte, has witnessed a resounding success with its first residential project, Ilocandia Beach Village, which sold out weeks after its launch.
The success of Ilocandia Beach Village demonstrates the sustained demand for Megaworld's horizontal residential developments across its townships nationwide.
Megaworld President Lourdes T. Gutierrez-Alfonso said that the company's provincial developments have been met with strong reception from buyers, driving its growth and expansion plans.
Meanwhile, Megaworld has completed the fourth wave of asset infusions into MREIT, Inc. worth P16.2 billion, increasing the real estate investment trust's gross leasable area by 34% to 647,000 square meters.
The company has submitted regulatory filings for a fifth asset infusion, which is targeted for completion in the second half of 2026, and expects MREIT to reach one million square meters of gross leasable area three years ahead of its original target.
