The Megaworld Group of property tycoon Andrew L. Tan is set to develop a 561-hectare integrated community south of Metro Manila estimated to cost $224 million. Southwoods City, located in parts of Cavite and Laguna, will be the largest fully-integrated township development of Global-Estate Resorts Inc. (GERI). “T
The Megaworld Group of property tycoon Andrew L. Tan is set to develop a 561-hectare integrated community south of Metro Manila estimated to cost $224 million.
Southwoods City, located in parts of Cavite and Laguna, will be the largest fully-integrated township development of Global-Estate Resorts Inc. (GERI).
“The development is positioned to be the next residential, business, commercial and leisure hub that is closest and most accessible to Metro Manila,” GERI said.
Megaworld will take charge of the design, conceptualization and masterplanning of Southwoods City. It will also manage the office towers and commercial components of the township.
Of the 561-hectare property, 376 hectares were allotted for the residential segment, including the 26-hectare residential village Pahara which consists of 602 available lots ranging from 239 to 523 square meters with views of the golf course and Laguna de Bay.
“Southwoods City will also feature a central business district, commercial and retail hubs, malls, residential condominiums, schools, a church, a cyberpark, a medical facility, open parks, leisure facilities, a weekend market and its own transport hub,” said Mary Rachelle I. Peñaflorida, VP of marketing arm Megaworld Global-Estate Inc.
The 125-hectare portion of the township will be occupied by the Jack Nicklaus-designed Southwoods City Golf and Country Club while the remaining 60 hectares were set aside for the Southwoods Business Park.
2 office buildings offering 20,000 sqm of space for business process outsourcing (BPO) firms are already in the advanced planning stages.