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Iloilo Boutique Hotel and Commercial District

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Megaworld Corporation

The Philippines' leading residential condominium builder, Megaworld Corporation, is also one of the country's forerunning hosts of the BPO industry. It is a township situated in Libis, Quezon City, where one can access Bonifacio Global City and Makati through the C5 expressway. They believe that everyone should live, play, shop, and learn all in one place. At present, the company has produced over 18 grand-scale developments and mixed use townships across the Philippines.

As each year goes by Megaworld Properties continues to thrive in the real estate market with an above average sales and rental performance. At present, Megaworld developments located in BGC and McKinley HIll are rented out for at least Php 650 per square meter. This gives Megaworld a gross income of around 7.6-11% per annum. Appreciation rates can also rise up to 5-7% annually.

Community

Iloilo City

Iloilo City is a highly urbanized city on southeastern tip of Panay island in the Philippines. It is the capital city of the province of Iloilo where it is geographically situated but, in terms of government and administration, it is politically independent.

Iloilo City has five Major Integrated Transport Terminals, an International Airport, international and domestic seaports, and Fish (Marine) Port Complex, which serves sea routes to and from Manila, Palawan, Cebu, Zamboanga and Cagayan de Oro.

Iloilo City is a hub for trade, commerce, finance, technology, medical tourism, hospitality, real estate, tourism, education, and industry in the Western Visayas region. It quickly became a popular place to do business, especially for foreigners, thanks to local government support.  The local government has provided incentives to businesses in certain investment areas, such as income tax holidays and free issuance of permits and licenses.

The Department of Science and Technology-Information and Communications Technology Office (DOST-ICTO) and Business Processing Association of the Philippines (BPAP), has named Iloilo City as a viable place to set up BPO operations, thanks to its capacity to host information technology-business process outsourcing (IT-BPO) companies on the basis of availability of talent and relevant infrastructure. The  Iloilo International Business Park at the Sta. Barbara Heights, Iloilo Business Park, and the Iloilo City Center will soon accommodate such businesses in the near future.

Since Iloilo City is a conglomeration of towns, the districts have their own plazas which are surrounded by establishments of political and ecclesiastical influence, such as churches and old administrative halls. Nonetheless, the city has a host of residential subdivisions for residents looking for a house and lot in the city.

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