Listed property developer Megaworld is plowing a massive P65 billion into capital expenditures for 2026, aggressively pushing forward its expansion of township projects beyond Metro Manila.
In a disclosure to the Philippine Stock Exchange on Wednesday, the company said the funds will be channeled toward land acquisition, accelerated development of existing projects, and high-value investments aimed at strengthening its market dominance.
Megaworld is rolling out 19 new projects this year, led by Ilocandia Coastown in Ilocos Norte, Upper Central in Cagayan de Oro City, and Nascala Coast in Nasugbu, Batangas—underscoring its drive to capture growth in key regional markets.
Additional developments are being pushed in Pasig, Taguig, and Manila, as well as across Cavite, Laguna, Palawan, Iloilo, and Cebu, signaling an all-out expansion across strategic urban and provincial hubs.
The company is also ramping up residential, office, and retail developments in Bacolod, Iloilo, Pampanga, Cavite, and Palawan, moves it said “will help propel the growth of MREIT, Inc., Megaworld’s real estate investment trust, as more developments add to the list of future infusions that the company can tap,” according to the disclosure.
Megaworld is likewise intensifying its hospitality push, with five hotels currently under construction: ArcoVia Hotel in Pasig City; Savoy Hotel Capital Town in San Fernando, Pampanga; Savoy Hotel Palawan and Paragua Sands in San Vicente, Palawan; and The Kingsford in Bacolod City.
Megaworld president and chief executive officer Lourdes Gutierrez-Alfonzo said they “are seeing opportunities ahead and we look forward to the sustained growth in the office, commercial, hospitality, and tourism sectors.”
She added, “We are continuing our expansion program with renewed optimism as we innovate our township offerings. Our residential burins remains strong growth engine, especially as we introduce more pioneering projects that integrate new technologies such as use of artificial intelligence into our new developments.”
MEGAWORLD PHOTO