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Tycoon Andrew Tan’s Megaworld Corp. is shelling out ₱40 billion to develop a 462-hectare township in Palawan.

Buoyed by optimism that the pandemic-battered tourism sector could realize a rebound, the property giant is developing the beachfront and inland properties in San Vicente, Palawan into an eco-tourism township called Paragua Coastown.

“More than just sustainable tourism, our vision for this expansive Palawan property is to provide an opportunity to those who want the island-life to live and even raise their families here,” said Kevin Tan, Megaworld’s chief strategy officer.

“Aside from the preserved natural surroundings of the beach, mountains, and cliffs of San Vicente, we will also provide the facilities and amenities for holistic wellness for our future residents,” he added.

The multibillion-peso Paragua Coastown — Megaworld’s 27th township — boasts hotels and resorts, health and wellness sanctuaries, cultural center, educational institutions, a boutique hotel district, a shophouse district, as well as residential developments such as private villas, serviced apartments, themed residential villages, and a mangrove reserve park.

Megaworld will initially focus on the 83-hectare land in Kemdeng, flaunting its own beach line. Completing the whole project may take 10 to 15 years, the company said.

The property is located a few minutes away from the San Vicente Airport, which caters to flights from Manila and Clark.

The listed company is engaged in building residential condominium units, subdivision lots, and townhouses as well as office projects and retail spaces.

We are now accepting Letters of Intent for our first township development in San Vicente Palawan — PARAGUA COASTOWN.
Have the FIRST choice of the best and prime commercial lots in the development.

LIMITED LOTS AVAILABLE!

Mercato Shophouse District – 69 lots (263 sqm to 595 sqm)
Porto Hotel District – 46 lots (450 sqm to 1,041 sqm)

• A drive away from San Vicente Airport to Paragua Coastown
• Regular flights from Manila and Clark to San Vicente Airport
• One of the first Flagship Tourism Enterprise Zone of TIEZA
• Longest white beach in the Philippines and the 2nd in Southeast Asia (14km coastline)
• 462 hectares Township Development Area
• 83 hectares 1st Development Phase
• 1st Sustainable Eco-Tourism Township by Megaworld Platinum
• 2.5 hours drive from Puerto Princesa and 2 hours drive from El Nido

Purchase a lot/s at its INTRODUCTORY PRICE!
Monthly payment starts at Php 26,000.00 ONLY for 5 years.

To know more about our newest township development, please contact us today!

Contact details:

email: iloilocondominiums.com or paps@ilonggodad.com
Call, Text, WhatsApp or Viber: +63 928 503 5321

10 Ilonggos with considerable success in their own fields were interviewed and gave their opinions on what makes Iloilo special.

The best township to date!