Podcast
Questions and Answers
What is the primary aim of Megaworld in its developments?
What is the primary aim of Megaworld in its developments?
To enhance living standards and set new sustainability standards.
How many townships does Megaworld currently have in the Philippines?
How many townships does Megaworld currently have in the Philippines?
31 townships.
What strategy is Megaworld implementing to tap into emerging tourism markets?
What strategy is Megaworld implementing to tap into emerging tourism markets?
Expanding its hospitality portfolio and enhancing its mall rental business.
How did Megaworld perform in the mall rental business in 2023?
How did Megaworld perform in the mall rental business in 2023?
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What competitive market is Megaworld preparing to succeed in?
What competitive market is Megaworld preparing to succeed in?
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What are the two main sectors Megaworld aims to diversify within its portfolio?
What are the two main sectors Megaworld aims to diversify within its portfolio?
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What characterizes Megaworld's approach to corporate governance?
What characterizes Megaworld's approach to corporate governance?
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What is a key characteristic of Megaworld’s real estate developments?
What is a key characteristic of Megaworld’s real estate developments?
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What unique real estate model did Dr. Andrew Tan pioneer through Megaworld Corporation?
What unique real estate model did Dr. Andrew Tan pioneer through Megaworld Corporation?
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What year was Megaworld Corporation founded?
What year was Megaworld Corporation founded?
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What are the core values of Megaworld Corporation?
What are the core values of Megaworld Corporation?
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How many residential developments has Megaworld launched?
How many residential developments has Megaworld launched?
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What is the mission of Megaworld Corporation?
What is the mission of Megaworld Corporation?
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What sector does Megaworld primarily focus on for its growth strategy?
What sector does Megaworld primarily focus on for its growth strategy?
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Which award recognized Megaworld as the 'Best Real Estate Developer Philippines' in 2021?
Which award recognized Megaworld as the 'Best Real Estate Developer Philippines' in 2021?
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Who is the current President of Megaworld Corporation?
Who is the current President of Megaworld Corporation?
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What was the price per sqm of McKinley West Village in 2010?
What was the price per sqm of McKinley West Village in 2010?
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What is the current selling price per sqm of McKinley West Village?
What is the current selling price per sqm of McKinley West Village?
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What is the starting price range per sqm for Pahara Southwoods?
What is the starting price range per sqm for Pahara Southwoods?
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Where is Megaworld Corporation's headquarters located?
Where is Megaworld Corporation's headquarters located?
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List two traditional marketing channels used by Megaworld Corporation.
List two traditional marketing channels used by Megaworld Corporation.
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What is the ticker symbol for Megaworld Corporation?
What is the ticker symbol for Megaworld Corporation?
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Why is analyzing financial statements important for corporate governance?
Why is analyzing financial statements important for corporate governance?
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How can the price changes in real estate development reflect market trends?
How can the price changes in real estate development reflect market trends?
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Study Notes
Megaworld Corporation
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Megaworld Corporation is a real estate development company
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Founded by Dr. Andrew Tan and incorporated in 1989
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Develops, leases, and markets real estate in Metro Manila
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Focuses on mixed-use communities since 1996
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Eastwood City Township is a 18.5-hectare township
- Philippines' first cyberpark
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Newport City includes Resorts World
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McKinley Hill is a PEZA-designated IT special economic zone
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Awarded "Best Developer - Philippines" by the International Finance Awards and "Best Real Estate Developer Philippines 2021" by the Finance Derivative Awards
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Over 753 residential developments, 75 premier offices, 24 lifestyle malls and commercial centres, and 13 homegrown hotels and resorts, subdivision lots, townhouses, condominium hotel projects, and retail spaces are part of its projects.
Vision and Mission
- Vision: To uplift lives, impact society, and help shape the nation
- Mission: To pioneer integrated lifestyles in townships, advocate responsible environmental stewardship, deliver long-term value to employees and shareholders, and spur economic growth countrywide
Core Values
- Integrity
- Excellence
- Creativity and Innovation
- Love for the company
Company's Logo
- A logo featuring the letters "XXX" in a square box, below which the text "MEGAWORLD" is printed.
Board of Directors
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DR. ANDREW L. TAN: Chairman of the Board, Founder and President since 1989
- Pioneered the live-work-play-learn model
- LOURDES T. GUTIERREZ-ALFONSO: Director, President and member of the Management Executive Committee since 1990. Also a certified public accountant and secretary of Megaworld Foundation Inc.
- KATHERINE L. TAN: Director, served as director since 1989 and is also simultaneously the Treasurer of Alliance Global Group, Inc. and Emperador Inc.
- ENRIQUE SANTOS L. SY: Director since 2009, also serves concurrently as a director in Empire East Land Holdings, Inc., Eastin Holdings, Inc. and First Oceanic Property Management Inc.
- JESUS B. VARELA: Lead Independent Director, served as director since June 2016, and also serves on the boards of Global Estate Resorts, Inc. and Travellers International Hotel Group Inc.
- CRESENCIO P. AQUINO: Independent Director, Managing Partner of The Law Firm of CP Aquino & Partners. Also serves as an independent director on the boards of Global Estate Resorts, Inc
- ALEJO L. VILLANUEVA, JR.: Independent Director in MREIT Property Managers, Inc. and Director of Ridgeview Estates Nuvali Homeowners Association, Inc., he has 20+ years experience training, development, and in public relations, community, policy, among other roles
Sales and Marketing
- The company utilizes a combination of traditional and digital marketing channels to reach target audience
- Advertisements in newspapers, magazines, and other print media are included in their marketing strategy
- Billboards and other outdoor advertising formats are used
- Social media and online promotion methods are used
- Events and activities are also part of their strategy
Services
- Megaworld currently has a portfolio of 31 townships well-located across several cities in the Philippines
- The company aims to enhance living standards within its developments, and adhere to new sustainability standards within the real estate industry in the Philippines
- They offer premier offices, prepared to meet demands, and to drive continued success in the competitive office leasing market
- Megaworld's strategy is to tap into emerging tourism markets across the Philippines and to diversify its hospitality portfolio.
Price
- Prices for various projects like Manila BayShore Village, McKinley West Village, and Pahara Southwoods are given
- Example: McKinley West Village started at PHP 75,000 per sqm in 2010, and now sells for PHP 70,000 per sqm.
Place
- The headquarters of Megaworld Corporation is located on the 30th floor of the Alliance Global Tower, 36th Street corner 11th Avenue, Uptown Bonifacio, Taguig City, Philippines
Subsidiaries
- The company has several subsidiaries, such as Alliance Global Group, Inc., Megaworld Land, Inc., Prestige Hotels, etc. (Details about each listed on pages 29 and 30)
Financial Statements (2022-2023)
- Includes statements of income (revenues, costs and expenses, and net profit), balance sheet (assets, liabilities and equity), cash flow from operating activities, investing activities, and financing activities. Figures included.
Financial Ratios
- Current ratio, quick ratio, solvency ratio, and debt ratio are listed
- Results/figures for 2022 and 2023 are shown
History IPO
- Megaworld Corporation went public on December 12, 1994, with its IPO price set at P1.20 per share
Ticker Symbol
- The ticker symbol for Megaworld Corporation is MEG
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Description
Test your knowledge on Megaworld Corporation's developments, strategies, and corporate values. This quiz covers various aspects of the company including its real estate approach, achievements, and mission. See how well you understand the key features that define Megaworld's success in the industry.
