Megaworld Sees 16% Increase in Net Income for Q1 2025

Megaworld saw an increase in revenue across its different core businesses during the same period. 

Real estate company Megaworld Corporation is off to a very positive start for 2025 as it grew its net income by 16% to PHP 5.83 billion. 

The announcement of Megaworld’s Q1 2025 performance was made by Kevin Tan, Executive Director of Megaworld. Tan is likewise the President and CEO of Alliance Global Group, Inc. 

According to a social media post published by Tan, the following increases in revenue were seen in Megaworld’s core businesses:

• Hotels – 27% (PHP 1.43 billion)
• Offices – 17% (PHP 3.69 billion)
• Malls – 11% (PHP 1.66 billion)
• Residential – 8% (PHP 13.09 billion)

“We continue to see healthy demand across Metro Manila and key growth centers in the provinces,” said Tan. “Office leasing remained strong, retail foot traffic has exceeded pre-pandemic levels, and our hotels are welcoming a growing number of both business and leisure travelers.”

LIVE-WORK-PLAY Townships

In the same post, Tan credited the strength of Megaworld’s LIVE-WORK-PLAY townships for the growth in revenue and net income during the first quarter. 

“These results reflect the strength of our LIVE-WORK-PLAY townships, a concept we proudly pioneered in the Philippines,” he said. “Our model has thrived by fostering unique connections between people, businesses, and experiences—creating vibrant, sustainable communities.”

Megaworld’s LIVE-WORK-PLAY townships are essentially integrated townships that are self-sufficient, provide the basic needs of the community (including work, healthcare, and education), and have a balanced combination of commercial and residential areas. 

Examples of these townships that Megaworld has built from the ground up through the years are Forbes Town, Uptown Bonifacio, McKinley Hill, and McKinley West in Taguig, Newport City in Pasay, Eastwood City in Quezon City, and Southwoods City, which can be found in the provinces of Laguna and Cavite. 

Megaworld’s Portfolio 

Megaworld is one of the strongest players in large-scale residential and office developments in the country. Among the residential properties under its belt are One Uptown Residence (Taguig), Salcedo SkySuites (Makati), The Grand Eastwood Palazzo (Quezon City), Tuscany Private Estates (Taguig), and Twin Lakes Countrywoods (Laurel, Batangas). 

Key office developments, on the other hand, include the TechnoPlaza (Quezon City), Paseo Center (Makati), and Uptown Place Towers 1, 2, and 3 (Taguig). 

Megaworld also has key developments in hotel and leisure. Among its hotels are the Belmont Hotels (Pasay and Boracay), Richmonde Hotels (Pasig, Quezon City, and Iloilo), and Savoy Hotels (Pasay, Boracay, and Cebu). 

As for its lifestyle and community malls, Lucky Chinatown, Uptown Mall, Venice Grand Canal, San Lorenzo Place, and Twin Lakes are just some that can be found in Megaworld’s extensive portfolio. 

Given the strong start exhibited in Q1 2025, Tan is optimistic about what lies ahead for Megaworld. 

“As we look ahead, we remain focused on sustaining this growth and shaping the future of urban living for generations to come,” he said.