The Palladium

Megaworld Boulevard, Iloilo Business Park, Mandurriao, City of Iloilo, Iloilo

Property Overview

Project Selling
Ready for Occupancy / Ready for Use
Condominium
Condominium

The Palladium is a 22-story residential condo tower located in the heart of Iloilo Business Park, Mandurriao. Developed by Megaworld Corporation, this resort-inspired residential tower is known as the crown jewel of Iloilo Business Park and is now the tallest building in Iloilo City and the whole Western Visayas region. The U-shaped condo tower offers 482 residential units with 9 commercial units and 142 parking spaces. The Palladium features low unit density with just 13 to 21 units per floor, providing utmost privacy and exclusivity. Each unit comes complete with a balcony and provides unobstructed views of Iloilo City. The residential tower features multi-level sky gardens resembling real-life rainforests with design elements that allow residents to commune with nature. Units cater to young professionals, vibrant families, and individuals dreaming of a work-live-play lifestyle.

Building Information

Tower The Palladium Tower A 22 floors
Megaworld Corporation logo
Developer

Megaworld Corporation

offices
malls
residential
hotels

Units

Available units in The Palladium

Location & Neighbourhood

  • Full AddressMegaworld Boulevard, Iloilo Business Park, Mandurriao
  • SubdivisionIloilo Business Park
  • City / MunicipalityCity of Iloilo
  • ProvinceIloilo
  • Zip Code5000
  • Walkability Score
    75

Nearby Places

  • Western Visayas Medical Center
    Less than 1 km5 minutes
  • International Corporate Plaza
    Less than 1 km5 minutes
  • West Visayas State University
    Less than 1 km5 minutes
  • SM City Iloilo
    Less than 1 km5 minutes
  • Iloilo Business Park Convention Center
    Within the complex2 minutes
About the Neighbourhood

Located in the heart of Iloilo Business Park, a 72-hectare mixed-use and lifestyle development on the former site of Iloilo Airport (Mandurriao Airport). The area is home to various restaurants, leisure centers, shopping complexes, corporate hubs, and is a vibrant mixed-use master-planned community in the progressive district of Mandurriao.

Flood Risk Information

Iloilo City is generally in a low flood risk area, though individual properties may have varying levels of risk depending on proximity to waterways.

Legal Documentation

Clear Title
Yes
Occupancy Permit
Yes

Zoning Information

Commercial and Residential Mixed-Use (PD 957)

Additional Information

  • Reason for Selling Developer offering new residential units in prime location
  • Pet Policy Pet-friendly community
  • Renovation History Newly completed residential tower with modern finishes
  • Storage Spaces Unit storage areas and common storage spaces available
  • Cultural Heritage Located in the progressive district of Mandurriao, part of the historic Iloilo City
  • Accessibility Notes High-speed elevators and accessible common areas; ground floor accessibility considerations

Market Insights

Comparative Listings

avida-towers-iloilo
Within Iloilo Business Park₱9,900,000.00
other-ibp-condo
Within Iloilo Business Park₱8,500,000.00
Rental Potential
6.5% Expected annual rental yield
Historical Price Trends

The Palladium has maintained stable pricing with promotional offerings such as low monthly payments starting at PHP 16,000. Price appreciation expected as Iloilo Business Park development progresses.

Future Development Plans

Iloilo Business Park is a 72-hectare master-planned community with ongoing development of mixed-use spaces, commercial hubs, retail centers, and additional residential towers. The area is positioned as a major economic and lifestyle hub in the Western Visayas region.

Reviews & Feedback
4.2 (3 reviews)

Iloilo Property Owner avatar
Iloilo Property Owner March 15, 2024

Great location with excellent amenities and views. The low unit density provides privacy and exclusivity.

Young Professional avatar
Young Professional February 20, 2024

Perfect for young professionals looking for a work-live-play lifestyle. Flexible payment terms make it very accessible.

Family Resident avatar
Family Resident January 10, 2024

Excellent community amenities including pools, gym, and playground. Family-friendly environment with 24/7 security.