News & Events

Iloilo, A Key Growth Center

Iloilo, together with Cavite, was lauded as a ‘key growth center’ in an article by Business Mirror. According to the Philippine Statistics Authority data on the 2018 Gross Regional Domestic Product (GRDP), the country’s economic performance is attributed to the increased activity in various growth centers within the country – this includes CALABARZON areas and Western Visayas.

Cavite and Iloilo are key areas in the country’s potential in bringing in real estate, tourism, and business process outsourcing. With this, property development giant Megaworld highlights some of the country’s fastest rising growth centers, encouraging more businesses to invest beyond Metro Manila.

For Iloilo, the 19-storey International Corporate Plaza within Iloilo Business Park is eyed to bring in more business to the city. Three hundred one office units, ranging 26 square meters to 65 square meters, are open for sale within the Plaza.

“So far, this will be the most modern and state of the art office tower in Western Visayas where companies including entrepreneurs can own their office spaces and enjoy its generous facilities never been seen before in any office building in the region,” states Jennifer Palmares Fong, Vice President for Sales and Marketing, Iloilo Business Park.

The International Corporate Plaza offers prime office spaces ranging from 26 square meters to 65 square meters. With an average price of P155,000 per square meter, the tower will house ‘managed facilities’ at the 6th level, that include two Boardrooms, three meeting rooms, co-working and breakout areas, an Executive Lounge, and a Skygarden.

The International Corporate Plaza will also have a four-level parking podium, retail spaces and arcade area at the ground floor. Keycard-enabled turnstiles will provide enhanced security for the building’s main lobby, and RFID cards will be used to secure the parking areas. The new office tower will also be fiber optic-ready, and equipped with its own seismic detection and monitoring system, building management system (BMS), 24-hour Security and Fire Command Center, fire security system, and a 100% back-up power facility.

Moreover, the Plaza will be nestled within the 9 hecate commercial and boutique hotel district inside the 72 hectare township. Within the township are interesting structures including the Festive Walk Mall, Iloilo Museum for Contemporary Art, Iloilo Convention Center, a number of premium hotels, and a modern transport hub that host Western Visayas’ first premium point to point (P2P) bus services.

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