Insider Spotlight
Why it matters:
The move marks a strategic pivot for the Andrew Tan-led property developer, whose residential offerings have historically focused on premium and mid-tier vertical communities. It also signals the company’s entry into a segment currently dominated by boutique developers and international luxury brands.
What they’re saying:
“We recognize the need for us to further expand our portfolio and tap into the opportunity of the ultra high-end residential market,” said Megaworld president Lourdes Gutierrez-Alfonso during the company’s annual stockholders’ meeting.
“This will be a rare collection of residential properties that are distinctly opulent, different from the usual Megaworld residential projects,” she added. “These are rare, one of its kind, be it in terms of location, design, features, innovations, or even in terms of collaboration and partnership to create the product.”
The details:
The bottom line:
Megaworld’s diversification into ultra-luxury development reflects a shifting market dynamic in Philippine real estate, where demand is rising for high-end, low-density, and experience-driven living spaces tailored to elite buyers.
