Megaworld eyes P3.5 B sales from Pampanga condo dev't

Property giant Megaworld Corp. of tycoon Andrew Tan expects to generate sales of around P3.5 billion from its new residential condominium project in Pampanga.

- By RICHMOND MERCURIO

Megaworld said it is expanding the company's residential portfolio in the province by building its fourth condominium development inside the 35.6-hectare Capital Town township in San Fernando City.

Called Saint-Marcel Residences, the project will be a 17-story tower that will offer 361 smart home units in varying types and sizes.

Saint-Marcel Residences is a Parisian-inspired residential condo that will rise at the corner of Wilshire and Chelsea Streets in Capital Town, the more private portion of the township.

The project, which is scheduled for turnover in 2030, will bring Megaworld's total unit inventory in Pampanga to more than 1,300.