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Megaworld aims to launch 13 malls in three years

By Maria SantosPhilippines
1 min read
Megaworld
Megaworld
In this article (4)

Property developer Megaworld Corp says it plans to open 13 malls in the next three years in line with its target to hit 28 by 2020.

It already has 13 malls across the Philippines, with Southwoods Mall about to open in Laguna.

Megaworld Lifestyle Malls head/senior VP Kevin Tan says the Southwoods Mall covers 58,000sqm in Megaworld’s only fully integrated township, Southwoods City. The 561ha township is at the boundaries of Binan, Laguna and Carmona, Cavite, and is the largest township in the country to feature a golf course.

There is also a CBD, commercial and retail stores, malls, schools, church, a cyberpark, a medical centre, parks, leisure activities, a weekend market and a transport hub.

Megaworld is a property unit of magnate Andrew Tan under his conglomerate Alliance Global Group.

Questions & Answers

Q.

How many new malls does Megaworld intend to open in the coming three years?

A.

Megaworld Corp plans to launch 13 malls over the next three years. This initiative forms part of its broader strategy to reach a total of 28 malls by 2020.

Q.

Which new mall is set to open imminently, and where is it located?

A.

The Southwoods Mall is about to open. It is situated in Laguna, within Megaworld’s fully integrated township, Southwoods City. This mall covers an area of 58,000 square metres.

Q.

What is the size of the Southwoods City township, and what key features does it include?

A.

Southwoods City covers 561 hectares, making it the country's largest township with a golf course. It also features a CBD, retail stores, schools, a cyberpark, and a medical centre, among other amenities.

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