With 22 stories, MegaWorld’s upcoming condominium is geared to be the tallest residential tower in Western Visayas.
Billed as “The Palladium,” the luxury condominium is set to rise within the 72-hectare Iloilo Business Park located in Mandurriao, Iloilo City.
Similarly, the park is a forthcoming development. Envisioned to serve as a modern township, the business park, worth P35 billion, is set to be finished in 10 years.
The Palladium will be the tallest residential tower in Western Visayas
The Palladium, meanwhile, is poised for completion in 2018. MegaWorld expects to rake in P2.8 billion in sales from the condominium.
Jennifer Palmares-Fong, head of marketing of the Iloilo Business Park, issued that “We are offering a unique living experience at The Palladium. Our loft units will be first-of-its-kind in Iloilo City and the entire Western Visayas, and our amenities will raise the bar of this city’s lifestyle for our future residents.”
The Palladium’s living spaces consist of 482 units - studios, executive studios, one-bedrooms, and two-bedrooms. The condo also comes with executive lofts at the highest floor. Commercial and retail stores will open on the ground and second floors.
“Since last year, we have been experiencing consistent growth in the demand for residential towers in Iloilo Business Park,” said Palmares-Fong. “That is why selling the four towers of our first two residential projects, One Madison Place and Lafayette Park Square, was very easy for us. And now, we are on our fifth tower, which will be offering another set of unique, first-of-its-kind amenities and features that Ilonggos can boast of.”
MegaWorld Corporation ranks as one of the biggest developers in the Philippines. Founded by businessman Andrew Tan, the property firm is known, to date, for McKinley Hill in Taguig, Forbes Town Center, and Eastwood City, among other projects.