MEGAWORLD CORP. is moving forward with land clearing and infrastructure at its 84-hectare (ha) Ilocandia Coastown, a beachfront township launched in 2024.
The work includes constructing roads, utilities, and the primary residential project in the realm.
“We envision Ilocandia Beach Village transforming the landscape of town by offering a novel and vibrant lifestyle that celebrates the fantastic thing about Ilocandia’s stunning coastline,” Ilocandia Coastown Head of Sales and Marketing May Santos said in a press release on Wednesday.
Ilocandia Beach Village will cover 19.4 ha of coastal land with direct beach access. It can include 446 lots sized 230 to 406 square meters (sq.m.).
The project contains a two-story clubhouse with modern tropical design, including a fitness center, movement studio, and performance hall for as much as 160 guests.
Outdoor areas include a swimming pool with jacuzzi, pool deck with cabanas, and alfresco dining. The clubhouse connects to a central park with jogging paths, picnic grove, and multi-play court.
“When it comes to infrastructure, Ilocandia Beach Village will even change into the primary village in Laoag City to feature an underground cabling system for all electrical and telecom utilities, as a way to preserve the pristine, panoramic fantastic thing about the beachside development,” the corporate said.
Other features include linear parks with fitness trails, a kids’ sand play area, a pet park with hydration stations, and an urban agri park with an edible garden.
Ilocandia Coastown is situated quarter-hour from Laoag International Airport and half-hour from the Paoay Church, certainly one of only 4 Baroque Churches within the Philippines recognized as a UNESCO World Heritage Site.
The turnover of lots is scheduled for 2031, with expected sales of P2 billion.
On the local bourse on Wednesday, Megaworld shares rose 1.78% to shut at P2.29 apiece. — Alexandria Grace C. Magno