Megaworld to develop PhP 5B shophouse, boutique hotel district in Paragua Coastown in Palawan

Township developer Megaworld is developing a sustainable boutique hotel and shophouse district within its 462-hectare Paragua Coastown in San Vicente, Palawan.

Strategically located in Kemdeng with its own beachline, the master-planned Mercato Shophouse District and the Porto Hotel District will offer 240 lots ranging from 250 square meters to 599 square meters for shophouses, and 450 square meters to 1,199 square meters for boutique hotels.

240 lots offered in Mercato Shophouse District and Porto Hotel District out of the 462-hectare eco-tourism township in San Vicente, Palawan

Both Mercato Shophouse District and Porto Hotel District are interconnected to each other, providing convenient walkability through expansive sidewalks and bridges. This district is also surrounded by landscaped parks and gardens, and an esplanade along the creek. It will also have access to the Mangrove Reserve Park via an iconic bridge.

“Our eco-tourism township offers businesses and entrepreneurs such as hotel owners, restaurateurs, coffee shop and bar operators, and retail shop owners to own land in San Vicente, particularly inside our master-planned beachside development. This district that we are developing in Kemdeng will have close access to the coastline of Long Beach Area of San Vicente, which has been designated as a Tourism Enterprise Zone (TEZ) of the Tourism Infrastructure and Enterprise Zone Authority (TIEZA),” says JR Abustan, head of sales and marketing, Megaworld Palawan.

TIEZA’s Tourism Enterprise Zones have special incentives for tourism-related businesses such as tax holidays.

The Mercato Shophouse District and Porto Hotel District will have direct access to San Vicente Town Proper and the San Vicente Airport via the municipal and coastal roads that traverses the township.

The company expects to generate around P5-billion in sales from these projects.

This first area of the expansive Paragua Coastown that is being developed in Kemdeng will also have several mixed-use developments, medical and wellness facilities, church, and other leisure and institutional amenities once completed.

Other areas for future developments within Paragua Coastown include several town barangays, which will mostly have access to Long Beach as well. San Vicente Long Beach boasts of having the longest beach line in the country and the second longest in the entire Southeast Asia.

“We will definitely have unique residential and recreational offerings inside Paragua Coastown as well. What we are building here will hopefully help San Vicente become the most popular eco-tourism spot in Palawan and the entire country. But of course, we give utmost importance to sustainable real estate because this is what everyone will be looking for when they decide to invest in Palawan,” adds Abustan.

Megaworld has allocated P40-billion to develop the entire eco-tourism township in the next 10 to 15 years.

Comments

Check out more...

The Little Mermaid’ makes a splash onto the screens of SM Cinemas

The much-awaited live-action reimagination of Disney’s classic, ‘The Little Mermaid,’ is currently showing at SM Cinemas nationwide. Dive into a world of underwater adventure, finding love, and realizing dreams with Ariel, portrayed by American singer-songwriter, Halle Bailey. Swim with the young mermaid as she trades her voice for legs so she can discover the world above water. At SM Cinemas, movie screens are equipped with cutting-edge technology that offers the highest quality of pictures and sounds. Be a part of Ariel’s world through the SM IMAX experience of crystal-clear scenes, with a wider view of life under the sea. Watch films on a state-of-the-art screen that is twice the size of a regular cinema where one can feel the crashing waves through a cinematic surround sound system. The comfort and convenience of moviegoers have always been a top priority. The plush seating, spacious theaters, and efficient ticketing systems ensure that the movie-watching experience is hassle-free

Enjoy an all-in-one Unli Internet plan at home with PLDT Home

What better way to enjoy everything at home with a broadband plan that gives you an all-in-one unlimited access to the internet, Pay TV, and mobile services . The new PLDT Home Fiber Unli All plan offer s the best value for money with a bundled package that comes with unlimited fiber internet, unlimited entertainment content from Cignal TV, and unlimited calls to PLDT, Smar t a nd TNT. Here’s a quick breakdown of the new Fiber Unli All plans available and their internet speeds: Whether you want to stream your favorite videos, TV series, and movies , the new Fiber Unli All plans deliver what the whole family wants with the fast broadband internet and a wide range of entertainment options on premium Pay TV. With the Philippines’ largest Pay TV provider Cignal , the new Fiber Unli All plans also give families a wide selection of high-definition channels and content ranging from sports, kids, and documentaries. The Fiber Unli All plans are

GCash cautions against gambling apps used for phishing

A recent investigation by the National Privacy Commission (NPC) and the leading mobile wallet GCash, has led to the discovery of certain gambling sites and apps which were used for account takeovers in the recent surge of phishing scams. Additionally, some influencers may have unknowingly promoted these gaming apps without being aware of their fraudulent nature. GCash is now cautioning its users to be extremely careful when accessing online gambling sites and apps, and to avoid them altogether if possible. In this latest scheme, perpetrators created gambling apps while falsely claiming to be accredited by the Philippine Amusement and Gaming Corporation (PAGCOR). These apps deceive users with a verification process, redirecting them to a fake GCash website or payment page to top up betting credits. From there, fraudsters were able to access sensitive information such as credit card details, passwords, GCash numbers, MPINs, OTPs, and other personal data that can be exploited to gain unau

5 moments that made the 2022-23 NBA Season epic

Rewatch the season that was – and more – with NBA League Pass powered by PLDT Home! The 2022-23 NBA season has been nothing short of epic. From the league’s best players cementing their legacies to teams achieving historic feats, the NBA has provided some of the best storylines throughout the year – all of which Filipino fans can revisit through NBA League Pass powered by PLDT Home. As the season culminated with the Denver Nuggets dominating over Miami Heat, 4-1, here’s a look back at some of its best moments: 1. Big trades shock the league An NBA season isn’t complete without teams making huge moves before and at the league’s trade deadline. The Dallas Mavericks made the first big move, trading Spencer Dinwiddie and Dorian Finney-Smith to the Brooklyn Nets for Kyrie Irving, adding another superstar to their team to back up Slovenian superstar Luka Doncic. However, the biggest trade was completed during the deadline, when the Phoenix Suns landed Kevin Durant in a massive four-team

Enjoy up to 29% OFF on select realme smartphones this 6.6. TikTok Birthday Sale

Don’t miss out on BIG discounts as realme celebrates TikTok 6.6 Birthday Sale! It’s finally TikTok’s 6.6 Birthday Sale and realme Philippines goes all-in to celebrate with whopping discount offerings from June 1-8 only. Mark your calendars and get up to 29% OFF on select realme smartphones and up to 40% on select realme AIoT products. On top of this, the Squad is also in for a treat since they can take home exciting freebies all-week long! From June 1-8, every purchase of the real me C35 (4GB+128GB) comes with a FREE TechLife Buds Classic, while anybody who will avail the realme C33 (4GB+64GB) will get a C-Series Tempered Glass as a freebie. To make things even more thrilling, the first few customers to buy a realme 10 Pro+ 5G (12GB+256GB) from June 4-8 will get their very own realme Watch 3 for FREE . Additionally, everyone will also get a FREE TechLife Power Bank 100000mAh for each purchase of realme 10 (8GB+128GB), realme 10 (8GB+256GB), realme 10 Pro 5G (8GB+256GB), and r

The PR & Events Circuit

Search This Blog