Megaworld ramps up office portfolio with new dev'ts in Bulacan, Bacolod, and Davao
Megaworld ramps up office portfolio with new dev'ts in Bulacan, Bacolod, and Davao
MANILA, Philippines– Property giant Megaworld is accelerating its regional
expansion by ramping up its office portfolio with new developments collectively boasting more
than 51,000 square meters of gross leasable space in its townships in Bulacan, Bacolod, and
Davao.

These projects include Northwin Global Tower 1, Megaworld’s first office development inside

Northwin Global City, located at the boundaries of Bocaue and Marilao in Bulacan; No. 5 Upper

East Avenue at The Upper East in Bacolod City; and One Republic Plaza at Davao Park District in

Davao City.

“Demand for office spaces remains high, particularly outside Metro Manila. We are strategically

capturing this rising demand for regional office developments within our townships in Bulacan,

Bacolod, and Davao. This focus on other key provincial markets helps ensure that businesses

continue to enjoy the right environment to grow nationwide within integrated, self-sustaining

communities," says Francis D. Roxas, head of Megaworld Global Offices.

In Bulacan, a province within a high-growth corridor expected to benefit largely from major

infrastructure projects, such as the New Manila International Airport, Megaworld has formally

topped off the 11-story Northwin Global Tower 1 within its 85-hectare Northwin Global City, a

township positioned as Bulacan’s modern central business district.

Prominently located along the southbound lane of the North Luzon Expressway (NLEX),

Northwin Global Tower 1 offers nearly 20,000 square meters of gross leasable area (GLA). Built

with a contemporary design and sustainable features, the new office tower is poised to become

the first LEED-certified building on this part of Bulacan, and is expected to generate thousands

of jobs for Bulakeños.

In Bacolod City, Negros Occidental, Megaworld is in the final stages of preparations for the

four-story No. 5 Upper East Avenue, its second office development within its 34-hectare The

Upper East township. Once completed, this new development will inject almost 9,000 square

meters of new premium office space into the market and is expected to generate approximately

10,000 new jobs, particularly in the information technology and business process outsourcing

(IT-BPO) sector.

Strategically located along the township’s main avenue and across No. 1 Upper East Avenue and

The Kingsford, this new office development will showcase Megaworld’s signature

state-of-the-art features in office buildings and will also be registered as a LEED Certified

development. It will have basement and ground floor parking, and utilize several sustainability

features, such as roof gardens, LED lighting in common areas, dual-flush technology for toilets,

and double-glazed windows for heat insulation and energy-efficiency.

Over in Davao City, which boasts one of the country’s lowest office vacancy rates outside Metro

Manila according to Colliers International, Megaworld is building the 16-story One Republic

Plaza, its second office tower inside the 11-hectare Davao Park District township, which features

about 24,000 square meters of office GLA.

Scheduled for completion in 2028, One Republic Plaza will be registered for Leadership in

Energy and Environmental Design (LEED) certification, making it Megaworld’s first

LEED-registered office building in Mindanao. The office tower will feature state-of-the-art,

energy-efficient technologies throughout its common areas and facilities, including its own

rainwater harvesting and treatment facility for water conservation and reuse. It will also have

over 350 basement and ground-level parking spaces, including provisions for electric vehicles

(EV) for the convenience of its future tenants and employees.

Megaworld continues to be the Philippines’ largest office developer and landlord, operating

almost 90 office towers covering over 1.7 million square meters of office space nationwide. In

2025, the company’s office leasing revenues reached P14.9-billion, rising by 11%, driven by

contributions from new assets, rental escalations, renewals, and continued take-up from BPO

firms and multinational companies within the company’s integrated townships.

Just recently, CBRE Philippines ranked Megaworld as the top office developer in terms of lease

transactions for the first quarter of the year in its Start of the Year 2026 Report, outperforming

other major developers after recording 31,800 square meters of office lease transactions from

January to March.

Currently, Megaworld caters to over 500 local and multinational companies, including Fortune

500 global firms, in key locations across the Philippines. These include McKinley Hill, McKinley

West, and Uptown Bonifacio in Taguig City; Eastwood City in Quezon City; Southwoods City in

Biñan, Laguna; Iloilo Business Park in Iloilo City; The Upper East in Bacolod; The Mactan

Newtown in Lapu-Lapu City, Cebu; and Davao Park District in Davao City. The company aims to

further strengthen its leadership in the office leasing sector, with future expansions in its

townships in Pampanga, Cavite, and Iloilo, among others. pr

Northwin Global Tower 1 in Northwin Global City

What's your reaction?

Facebook Conversations