Property developer Megaworld Corp. said Tuesday it aims to generate around P3 billion in sales from its first upscale residential condominium project in Puerto Princesa City, Palawan.
The 12-story Bellagio Palawan will offer 188 ‘smart home’ units that allows residents to control features remotely using an app, the company said in a disclosure to the stock exchange.
Each unit includes a balcony and lanai. The sizes go up to 109 square meters for three-bedroom suites. The building’s façade is inspired by “the harmony of earth and water.”
“The Bellagio Palawan will serve as the gateway to Baytown Palawan. Once completed, it will become a vibrant lifestyle estate that will mirror the excitement that characterized Forbes Town in BGC through the years. We envision Baytown to be the ‘new lifestyle capital’ of Puerto Princesa City,” said Javier Romeo Abustan, Megaworld Palawan vice president of sales and marketing.
Each unit will also be equipped with video-phone communication systems that directly links to the front lobby reception and security concierge.
The Bellagio Palawan has several sustainability features such as its bicycle parking, low flow rate fixtures for water conservation in toilets and kitchen, occupancy sensors at hallways and energy-efficient equipment.
The tower will also have its own sewage treatment plant (STP), rainwater harvesting facility and materials recovery facility (MRF).
The development will have many amenities. These include the city’s first heated infinity pool on the rooftop, co-working spaces, a function hall and a fitness center.
The Bellagio Palawan is scheduled for completion by 2030. The project is part of the larger Baytown Palawan estate, which will feature more residential and commercial developments along Puerto Princesa South Road.
Baytown Palawan is one of two Megaworld township developments in Palawan. The company is also developing the 462-hectare Paragua Coastown ecotourism township in San Vicente, which is famous for the Philippines’ longest beachline.
