- Business
- Megaworld Corporation (MGAWF) develops, sells, and leases integrated township residential, commercial, office, retail, and industrial developments primarily in the Philippines. The company offers a diverse portfolio of property types, including high-rise condominium units under brands such as Vanguard Estates and Studio One; upscale residential communities like the 50s and Woodsville Vibe; office buildings and business process outsourcing spaces in key districts including Eastwood City, McKinley Hill, and Uptown Bonifacio; retail and lifestyle centers; and industrial estates focused on logistics and manufacturing. Megaworld operates through subsidiaries such as Megaworld Land Inc., Richmonde Hotel Group, and Sonoma Premier Land Inc., targeting middle-to-upper income homebuyers, multinational corporations, and retail tenants across major Philippine regions including Metro Manila, Calabarzon, Central Luzon, and Visayas. Founded in 1994 and headquartered in Quezon City, Philippines, the company functions as the real estate arm of Andrew L. Tan's Alliance Global Group Inc. In recent developments, Megaworld launched new township projects such as the 88-hectare Southwoods Ecocentrum in Biñan, Laguna, and expanded its office portfolio with the completion of a 12-tower cluster at McKinley Hill; the company also formed strategic partnerships for eco-friendly developments and reported record presales exceeding PHP 140 billion in 2024 amid robust demand in provincial markets. [ from prior searches on company profile][ from recent changes search]