Megaworld expands presence in Cavite

MANILA, Philippines — Megaworld Corp., the Andrew Tan-led property developer, is expanding its residential footprint within its 140-hectare Maple Grove township in General Trias, Cavite.

It is building the 14-story Maple Park Residences, the third residential condo that will rise inside the 35-hectare Maple Grove Commercial District.

Megaworld expects to generate around P1.8 billion in sales from Maple Park Residences, which is scheduled for completion in 2028.

“The concept behind Maple Park Residences draws inspiration from the Scandinavian countries as well as communities in Makati where residents are surrounded by lush open spaces in the middle of a modern and urban city. Maple Park Residences will offer both the excitement of urban living and the laidback setting of Cavite,” said Eugene Lozano, first vice president for sales and marketing, Megaworld Cavite.

Furthermore, Maple Park Residences is poised to rise as the first-ever Megaworld residential condominium development that will feature a dedicated electronic vehicle (EV)-charging facility at the parking area that can accommodate multiple vehicles at a time.

“Apart from the link between Maple Grove’s road networks and the Gentri Bypass road, the future direct link between the Cavite Laguna Expressway (CALAX) exit and Open Canal will significantly cut down travel time for all Maple Grove residents, especially those coming from Metro Manila, other cities in Cavite, and even Laguna,” he said.

Megaworld earlier announced that it was allocating P15 billion to develop Maple Grove as “Cavite’s first-ever modern central business district” within 10 years.

The two other residential condominium developments in the  township are the 10-story The Verdin and the 16-story La Cassia Residences.