PROPERTY developer Megaworld has booked P38 billion in reservation sales for various residential projects during the first half of the year.
For the entire second quarter, the Megaworld Group generated around P17 billion in reservation sales, at a time when most parts of the country were placed under enhanced community quarantine.
Reservation sales in June alone peaked P7 billion as demand for residential lots in Calabarzon, particularly in Cavite, Laguna and Rizal, as well as residential properties in Boracay Newcoast and Iloilo Business Park, soared.
Megaworld’s provincial properties make up most of the sales booked during the second quarter.
The company has opened its showrooms for residential projects across the country with enhanced safety protocols in place, such as pre-visit registration, contactless payments, document sanitation and digital presentations aside from the standard regular disinfection of the showroom premises and equipment. (PR)