Megaworld launches P18B residential projects in Paranaque


Posted at Mar 07 2019 12:34 PM | Updated as of Mar 07 2019 06:07 PM

Megaworld launches P18B residential projects in Paranaque 1
An artist render of the South Beach Place, Westside City. Handout

MANILA - Megaworld Corp on Thursday said it would launch P18-billion worth of residential projects in its 31-hectare Westside City township in Paranaque City.

Two new residential developments, the South Beach Place and the Sunny Coast Residential Resort, will offer around 1,900 residential units, Megaworld said in a disclosure to the stock exchange.

The 20-story Miami-inspired South Beach Place will house 582 units while the 2 towers of Sunny Coast Residential Resort will have 21-storys each with 1,309 units, the property firm said. 

Both projects will be completed by 2024, Megaworld said. 

Megaworld said the P121-billion Westside City currently has 19 residential towers with 3,500 units.