Megaworld eyes P1.8B in sales from new residential tower in Cavite township

Megaworld Corp. said Thursday it will launch Maple Park Residences, its latest residential condominium development within the commercial district of its 140-hectare Maple Grove township in General Trias town in Cavite. 

The listed property developer of tycoon Andrew Tan expects to generate sales of P1.8 billion from the 14-story condominium slated for completion in 2028. It will be located in the 35-hectare Maple Grove commercial district of the Cavite township project.

Megaworld earlier announced allocating P15 billion to develop Maple Grove as “Cavite’s first-ever modern central business district” within 10 years. The township already hosts two other residential condominium developments—the 10-story The Verdin and the 16-story La Cassia Residences—as well as an upscale residential village, office towers, and the biggest McDonald’s store in Cavite.

The property developer is also constructing a transport hub, a chapel, biking and jogging tracks, a futsal field, and a lifestyle mall.