Megaworld launches 7th resd’l tower in Iloilo

Megaworld Corp. is expanding further its residential footprint in Iloilo with the launch of a 10-story new tower that is expected to generate sales of P1.5 billion.

This follows the success of Frenchthemed residential property Saint Honore.

The 10-story Saint Dominique will be Megaworld’s seventh residential tower inside the Ilolilo Business Park. It will have 152 units on eight residential floors ranging from 35-square meter studio, one-bedroom with balcony of up to 50 sqm, two-bedrooms (up to 79 sqm) and exclusive loft units (38.5 square meters).

Jennifer Palmares-Fong, vice president for sales and marketing of Iloilo Business Park, said the company has already sold out Saint Honore in just four months since the company launched it late last year.

“Up to now, there is strong interest on this Parisian-themed development so we decided to come up with another tower using the same inspiration,” she said.

Saint Dominique and Saint Honore will have shared recreational amenities that include a landscaped atrium, fitness center, indoor spa, game room, day care center, children’s playground, Jacuzzi, swimming pool and pool lounge and a kiddie pool.

“The ground level will still be dedicated to retail shops as the tower becomes part of the stretch of Festive Walk Parade, the envisioned longest dining and retail in the entire VisMin area. This makes Saint Dominique as exciting and promising as Saint Honore,” said Palmares-Fong.

The tower, located between Marriott Courtyard Hotel and Richmonde Hotel, will be completed in 2022.

Palmares-Fong said Megaworld has been generating strong interest for its residential units inside the Iloilo Business Park in the past four years.

“Our goal is to become a gamechanger and trendsetter in residential developments here in Iloilo. We give priority to architecture and design,” she said.