Summer Open House

Megaworld Suntrust Davao celebrates summer of 2015 at Project Site of Davao Park District where One Lakeshore Drive is Located along Dakudao Loop, Lanang, Davao City (Back of SM Premiere Lanang).

For more Information Contact:

CHRISTIAN LLOYD C. SACAY

Property Specialist

Mobile: 0947.529.7135

           0935.552.3170

           0925.440.8458

E-mail: spilloyd1@gmail.com

BREAKING NEWS: Megaworld's 2014 net income soared 139% to P21.6-billion

BREAKING NEWS: Megaworld's 2014 net income soared 139% to P21.6-billion, spurred by strong residential sales and record-breaking rental income.

MANILA, Philippines, March 25, 2015 – Megaworld, the Philippines’ leading integrated urban township developer and biggest office developer and landlord, posted a net income of P21.6-billion (inclusive of P12.1-billion non-recurring gain) in 2014, 139% higher than in 2013. Without non-recurring gain, net income went up by 14% to P9.4-billion last year – reflecting an 18% annual growth since 2009 when net income was P4-billion, or more than double in a span of only five years.

Consolidated revenues, excluding non-recurring gain, rose by 15% to P41-billion with real estate sales increasing by 16% year-on-year to P24.6-billion and rental income growing by 17% to P7-billion.

“Last year was a milestone for us. With Megaworld celebrating its 25th anniversary, we raked in record earnings and managed to grow our land bank to over 4,000 hectares. Our income growth last year was driven by both real estate sales and rental income. We have a more diversified real estate sales mix that is propelled by our integrated urban township developments in Metro Manila, Cebu and Iloilo as well as tourism-related projects in Tagaytay and Boracay,” said Dr. Andrew L. Tan, chairman and CEO, Megaworld.

“In the meantime, our rental income is growing in line with our expectations. Continued growth in our office and mall leasable space will provide the catalyst for exceeding P10-billion in rental income in 2016. Last year also saw the consolidation of Global-Estate Resorts, Inc. (GERI), Empire East Land Holdings, Inc. (ELI) and Suntrust Properties, Inc. (SPI) under Megaworld. This enabled us to strengthen our land bank nationwide,” he added.

“We expect to maintain similar growth momentum generated in the past, achieving a double-digit net income growth every year on the back of a stronger and bigger township portfolio,” he also noted.

Five townships that were launched last year and another five townships to be launched this year will increase the company’s township developments to 20 by the end of 2015.

Last year, the company launched the following townships: Woodside City in Pasig City (12.3 hectares); Southwoods City in the boundaries of Cavite and Laguna (561 hectares); Davao Park District in Lanang, Davao City (11 hectares); Alabang West in Las Pinas City (62 hectares) and Suntrust Ecotown in Tanza, Cavite (350 hectares).

Just last week, the company announced two of the five township developments lined up for this year: The Upper East (34 hectares) and Northill Gateway (50 hectares), both in Negros Occidental.

Megaworld’s pioneering “LIVE-WORK-PLAY-LEARN” concept for integrated mixed-use communities, or commonly known as townships in the Philippines, has enabled the company to complete 342 buildings with a total area of 6.4 million square meters over the past 25 years.

SOURCE: http://bit.ly/1FUbs5F

Investor's Night

Megaworld Suntrust will be having its 10th Township Project here in Davao City.

Join us on our grand Investor's Night to have a glance for the best development project in Davao yet.

Where: Radisson Bar and Grill, Parkinn by Radisson Hotel,  
            Dakudao Loop, Lanang, Davao City.
When: March 21, 2015 @  6:00 PM

Megaworld Suntrust Celebrates 78th Araw ng Dabaw

Megaworld Suntust joins the 78th Araw ng Davao this coming March 16, 2015, celebrating the life in the City. The company will be having its float to join the "Parada Dabawenyo" starting at R. Magsaysay Ave., to San Pedro St., 7:00 O'clock in the morning. 

Come and Join us celebrating Life in Davao

Schedule of Activities:

Araw ng Davao Sportsfest
March 1-31, 2015, 8:00 AM – 9:00 PM
Various venues

Thanksgiving Mass
March 10, 2015, 3:30 – 4:30 PM
San Pedro Cathedral

Araw ng Davao 2015 Opening
March 10, 2015, 5:00 PM
Rizal Park

City Hall Employees’ Day
March 11, 2015, 9:00 AM – 5:00 PM
Quezon Park

Little Mayor of Davao On-The-Spot Essay Writing Contest
March 12, 2015

Davao Unplugged
Marcg 12, 2015, 6:00 PM
San Pedro Square

Araw ng Davao Musicfest 2015
March 13, 2015, 3:00 PM – 2:00 AM
San Pedro Square

Mayor Rody International Golf Tournament
March 14, 2015, 6:30 AM onwards
Apo Golf, Bago Aplaya

Datu Bago Awards
March 14, 2015, 5:00 PM
Royal Mandaya Hotel

Mutya ng Davao 2015 Coronation Night
March 14, 2015, 7:00 PM
Davao City Recreation Center

Banda Hudyaka
March 15, 2015, 1:00 PM
San Pedro Street

Parada Dabawenyo
March 16, 2015, 7:00 AM
Downtown area (from Magsaysay Avenue to San Pedro Street)

Pahalipay Concert ni Mayor Rody ug Vice Mayor Pulong
March 16, 2015, 6:00 PM
Rizal Park

Hulagway sa Araw ng Davao Photo Contest
March 18, 2015, 5:00 PM
City Information Office

Information and image from the Facebook page of the City Government of Davao.

Annual awards Night

Members of the executive committee, employees and Eagle Suntrustees gather in a euphoric moment as they unveil 2015’s corporate target during the 2014 Annual Awards and 2015 Sales Kick Off held at One Esplanade in Pasay City yesterday (Feb. 25, 2015). They all vowed to lead one another towards excellence and victory.