World Developers Inc News Today

PH1 World Developers Inc., the real estate arm of engineering company Megawide Construction Corp., is expected to pour in about P5.5 billion for the initial phase of its new residential development in Pasig City.

PH1 World Developers Inc., a unit of Megawide Construction Corp., and Property Company of Friends Inc. (Pro-Friends), have formed a joint venture for the development of a condominium project dubbed One Lancaster Park in Imus, Cavite. Under the development contract, which is being handled by its joint venture firm Famtech…

PH1 World Developers Inc., a unit of Megawide Construction Corp., said revenues from its Trece Martires development in Cavite could reach P1.8 billion. The development, which is situated on a 5-hectare lot and is expandable to 30 hectares, will have 330 units in total, the company said. The company broke…

Real estate firm PH1 World Developers Inc., a unit of Megawide Construction Corp., may be ready to go public by 2026, the company’s chairman said. Edgar B. Saavedra, the company’s chairman, president and CEO, said by next year or by 2026, PH1 will be a much bigger company than its…

Megawide Construction Corp. said it posted a net income of P332.54 million in January to September, a reversal of the P970.42-million loss it posted last year. Revenues for the period were higher by 45 percent to P15.82 billion from the previous year’s P10.91 billion. “Our growth trajectory remains intact, with…

PH1 World Developers Inc., a unit of publicly listed Megawide Construction Corp., has launched its two new projects worth almost P11 billion in its bid to “disrupt” the vertical and horizontal space in greater Metro Manila. “We will challenge industry conventions and set new standards in property development,” Gigi Alcantara, the company’s president, said. “We

MANILA, Philippines — The 11th PropertyGuru Philippines Property Awards, presented by Kohler and supported by Boysen Paints and Dongpeng Ceramic, today feted the archipelago’s finest real estate in a celebration that drew the nation’s most accomplished and up-and-coming developers and industry leaders. Held for the first time at Shangri-La The Fort, Manila, the annual black-tie

TWO of the country’s key developers were the biggest winners at the Dot Property Philippines Awards as they bagged half of the 32 accolades, each collecting 8 honors, including the two major categories. The Sy-family owned SM Development Corp. (SMDC) was named the Developer of the Year 2023, the highest distinction it also won during

The property sector's outlook remains vibrant amid inflation and high interest rates

MEGAWIDE Construction Corp. saw its consolidated net income grow to P362.6 million in the first half, reversing from the P441.1 million loss booked a year earlier, following strong revenue growth in construction operations.