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Tycoon Andrew Tan’s property giant Megaworld Corporation on Tuesday said it is developing its first upscale residential condominium within its Baytown Palawan township in Puerto Princesa, Palawan.In a disclosure to the Philippine Stock Exchange, Megaworld said it expects to generate around P3 billion in sales from the new residential condominium project, The Bellagio Palawan.
“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 sales and marketing VP Javier Romeo Abustan.
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