Megaworld Corporation
Megaworld Corporation is a real estate company in the Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

. It is listed on the Philippine Stock Exchange
Philippine Stock Exchange
The Philippine Stock Exchange is the national stock exchange of the Philippines. It is one of the oldest stock exchanges in Southeast Asia, having been in continuous operation since its inception in 1927...

 Composite Index
PSE Composite Index
The PSE Composite Index, commonly known previously as the PHISIX and presently as the PSEi, is the main stock market index of the Philippine Stock Exchange....


The company is primarily engaged in developing large-scale mixed-use planned communities, incorporating residential, commercial, educational, and leisure components. Additionally, it engages in activities such as project design, construction oversight, and property management. Among its landmark projects is Forbes Town Center, a 6-hectare commercial and residential district in Fort Bonifacio
Fort Bonifacio
Fort Bonifacio is a highly urbanized district in Taguig City, Metro Manila, Philippines. The district is named after the main Philippine Army camp in Metro Manila, Fort Andres Bonifacio, which in turn was named after the famous Philippine revolutionary hero Andres Bonifacio...

, Metro Manila
Metro Manila
Metropolitan Manila , the National Capital Region , or simply Metro Manila, is the metropolitan region encompassing the City of Manila and its surrounding areas in the Philippines...

. Another project by Megaworld is the 45-storey Petron Megaplaza
Petron Megaplaza
The Petron Megaplaza is an office skyscraper located in Makati City, Philippines. It previously held the title as the tallest building in the Philippines from 1998-2000, when the current tallest building, the PBCom Tower, was topped-off. It currently holds the title as the third tallest building in...

 office skyscraper, which was the tallest building in the country upon its completion in 1998.


Megaworld Properties & Holdings Inc. was founded by Andrew Tan
Andrew Tan
Andrew L. Tan is a billionaire businessman from the Philippines who engages in real estate, liquor and fast food. In 2010, Forbes Magazine rated him fifth on its "Philippines 40 richest" list, estimating his net worth at $1.2 billion....

 and incorporated
Incorporation (business)
Incorporation is the forming of a new corporation . The corporation may be a business, a non-profit organisation, sports club, or a government of a new city or town...

 under Philippine law on August 24, 1989, primarily aimed at engaging in real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...

 development, leasing, and marketing. In 1994, it spun off Empire East Land Holdings Inc., which focused on the middle income market. It was converted to a public company
Public company
This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...

 on June 15, 1994. On August 19, 1999, the company changed its name to Megaworld Corporation in line with its conversion from a purely real estate company to a holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

, though the company's core focus continues to be on real estate.

Megaworld has won several awards for good corporate management. Among its accolades are being named Best-managed Philippine Company by Finance Asia (1999, 2001, 2004 and 2007), Euromoney (2003), and Asiamoney
Asiamoney is a financial publication established in 1989. It is a division of global media group Euromoney Institutional Investor PLC, itself majority owned by the London-based Daily Mail and General Trust Group....

 (2007). It was also named Best in Investor Relations by Finance Asia (1999, 2004, 2006, 2007) and Asiamoney (2004, 2007).

In 2007, Megaworld renamed a high-rise condominium project formerly called "The Trumps" into "One Central" after American real estate magnate Donald Trump
Donald Trump
Donald John Trump, Sr. is an American business magnate, television personality and author. He is the chairman and president of The Trump Organization and the founder of Trump Entertainment Resorts. Trump's extravagant lifestyle, outspoken manner and role on the NBC reality show The Apprentice have...

 threatened legal action over the name, saying the name "Trump" is unmistakably associated with him.

Andrew Tan has served as Chairman of the Board and President of the company since its incorporation in 1989.


  • Eastwood City
    Eastwood City
    Eastwood City is a commercial and residential development located in the Libis area of Quezon City in the Philippines. It is developed by Megaworld Corporation. It currently hosts 12 luxury residential condominium towers, with several more being developed....

    , Quezon City
  • Forbes Town Center, Taguig City
  • Manhattan Garden City, Quezon City
  • McKinley Hill, Taguig City
  • Newport City
    Newport City, Philippines
    Newport City is a 25-hectare area set next to the Villamor golf course and Terminal 3 of the Ninoy Aquino International Airport in Metro Manila, Philippines. It was developed by Megaworld Corporation under its subsidiary Megaworld Newport Property Holdings, Inc...

    , Pasay City
  • Cityplace Chinatown, Manila

External links

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