iRealtee OS Glossary

Megaworld

Megaworld engages in three primary business segments:

Megaworld

Megaworld Corporation is a publicly listed real estate company in the Philippines responsible for pioneering the integrated township development model. Incorporated on August 24, 1989, and traded on the Philippine Stock Exchange (PSE: MEG), Megaworld develops residential condominiums, office buildings, retail malls, and hotels across master-planned communities nationwide.

Core Mandate

Megaworld engages in three primary business segments:

  • Real estate sales — Residential condominiums, house-and-lot developments, and commercial lots
  • Leasing operations — Office space (primarily to BPO enterprises) and retail mall space
  • Hotel management — Operation of homegrown hotel brands under Richmonde Hotel Group

The company pioneered the "live-work-play-learn" township concept in the Philippines, integrating residential, commercial, office, and lifestyle components within single developments.

Key Services

Megaworld's portfolio includes:

  • 800+ residential buildings launched since incorporation
  • 1.5 million+ sqm of gross leasable office space
  • 500,000+ sqm of retail mall space through Megaworld Lifestyle Malls
  • 5,000+ hotel room keys across 14 homegrown hotels
  • 30+ townships in key urban and tourism areas

Notable township developments include Eastwood City (Quezon City), McKinley Hill and McKinley West (Taguig), Newport City (Pasay), Forbes Town Center (Makati), Iloilo Business Park, and The Mactan Newtown (Cebu).

Subsidiaries and Affiliates

  • Empire East Land Holdings, Inc.
  • Global-Estate Resorts, Inc.
  • Suntrust Resort Holdings, Inc.
  • MREIT, Inc. (Real Estate Investment Trust)
  • Richmonde Hotel Group International Limited

Jurisdiction

  • SEC Registration No.: 0000167423
  • Incorporation Date: August 24, 1989
  • Headquarters: 30th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig City 1634
  • Parent Company: Alliance Global Group, Inc. (AGI)

Relevance to Independent Brokerages

Megaworld operates proprietary sales platforms and in-house brokerage networks for its developments. For independent real estate brokers and realty hubs, this presents both competition and opportunity.

You can leverage platforms like iRealtee to:

Unlike developer-captive platforms, independent brokerage software allows you to sell Megaworld properties alongside Ayala Land, SMDC, DMCI, and other developers without platform restrictions.

References

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