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Ready for Occupancy

Project Status

Studio Type, 1 BR, 2 BR, 3 BR

Unit Type

N/A

Turnover Year

No Unit Size Available

Unit Sizes Range

The Residential Resort at Newport City

Floor Plan and Layout

- No Available floor plans and layouts -

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

Newport City

Newport City is a 25-hectare (62-acre) residential and commercial area situated next to the Villamor golf course and Terminal 3 of the Ninoy Aquino International Airport (NAIA) in Pasay City, Metro Manila. The property was developed by Megaworld Corporation under its subsidiary Megaworld Newport Property Holdings, Inc. and houses at least six residential properties, the Newport Mall, several hotels and the hotel-casino Resorts World manila.

Only 40 percent of the low-density enclave was set aside for buildings. The rest of the area is dedicated for parks and landscaped gardens.

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