The Company was founded by Andrew Tan and incorporated under Philippine law on August 24, 1989 to engage in the development, leasing and marketing of real estate. The Company initially established a reputation for building high-end residential condominiums and commercial properties located in convenient urban locations with easy access to offices as well as leisure and entertainment amenities in Metro Manila. Beginning in 1996, in response to demand for the lifestyle convenience of having quality residences in close proximity to office and leisure facilities, the Company began to focus on the development of mixed-use communities, primarily for the middle-income market, by commencing the development of its Eastwood City community township. In addition, the Company engages in other property related activities such as project design, construction oversight and property management. In 1999, Eastwood City Cyberpark became the first IT park in the Philippines to be designated a PEZA special economic zone.
Megaworld Corporation is the leading residential condominium developer and BPO office space provider in the Philippines.
Megaworld Corporation is the real estate arm of Alliance Global Group Inc. (AGI), one of the Philippines’ largest and publicly-listed conglomerates with interests in the food and beverage business, property development, tourism-entertainment, gaming, quick-service restaurants and infrastructure.
It is led by visionary Dr. Andrew L. Tan. To date, Megaworld has 24 townships and integrated lifestyle communities in 30 cities, spanning over 4,000 hectares. It has also built 667 residential developments, 57 office towers, 15 full-scale lifestyle malls, 5 hotels and more than 3,500 hotel rooms. Megaworld also makes history for being the first-ever real estate company in the Philippines to be awarded the Hall of Famer at the FIABCI-Philippines Property and Real Estate Excellence for winning Outstanding Developer of the Year for three consecutive years (2015-2017) and for winning Best Developer Award for three consecutive years (2015-2017) during the 6th Property Guru Philippines Property Awards 2018.