Property developer Megaworld Corp. said it expects to raise up to P2 billion in revenues from a newly-launched office within Iloilo Business Park.
Megaworld said in a disclosure to the stock exchange the 19-story International Corporate Plaza would offer 301 prime office units with office spaces ranging from 26 square meters to 65 sq. m. with an average price of P155,000 per sqm. The tower is expected to be completed in 2024.
Megaworld said the office tower is ideal for businesses, start-up companies and established enterprises that want to set up operations in Iloilo’s newest central business district.
“So far, this will be the most modern and state-of-the-art office tower in Western Visayas where companies including entrepreneurs can own their office spaces and enjoy its generous facilities never been seen before in any office building in the region,” said Jennifer Palmares-Fong, vice president for sales and marketing at Iloilo Business Park.