Tycoon Kevin Tan-led Megaworld debuts ‘Luxe’ line with P120-M lots in New Manila

Tycoon Kevin Tan-led Megaworld Corp. is making its luxury debut in the exclusive New Manila enclave in Quezon City to court the country’s richest buyers.

The developer, known for its vast mixed-use townships across the country, has quietly tapped real estate brokers to sell lots in what’s being positioned as the first gated village in the old-rich community, which also features smaller townhouse-type projects.

What stands out is how Megaworld managed to assemble a relatively large tract of land, which is close to top schools, hospitals, and business centers.

One broker said the project spans 6.7 hectares bordered by 14th and 11th Streets.

Lot prices range from P66 million to about P126 million for sizes ranging from 221 square meters to 360 square meters.

The New Manila area in Quezon City offers a mix of old-money charm and low-density living, with easy access to top schools, hospitals, and major business districts.

According to one broker, it will be launched under their new upscale brand, which is being positioned to compete with Ayala Land Premier.

It comes as another major developer, SM Prime Holdings, enters the high-end space, joining established names such as Rockwell Land, Ayala Land and Shang Properties. 

With just 162 lots on offer, this new Quezon City project is indeed a rare find in an exclusive neighborhood—and a multibillion-peso tailwind for Megaworld’s upscale aspirations.

About the author
Miguel R. Camus
Miguel R. Camus

Miguel R. Camus has been a reporter covering various domestic business topics since 2009.

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