Additional 30,000 sqm of leasable spaces to open in McKinley West, Makati, Alabang West, and Boracay Newcoast
MANILA, Philippines, September 10, 2025 — Property giant Megaworld, through its retail and commercial arm Megaworld Lifestyle Malls, is expanding its commercial retail portfolio by more than 30,000 square meters in response to strong demand for premium commercial spaces in key growth areas, especially in Megaworld townships.
Set to open this year are malls and commercial projects at McKinley West in Taguig, Makati, Alabang West in Las Piñas City, and Boracay Newcoast in Aklan. These new retail developments will keep Megaworld firmly on track to meet its target of one million square meters of gross leasable area by 2030.
Among the upcoming projects include The Shoppes at Park McKinley West, a two-story retail hub at the podium of the Park McKinley West condominium complex. It will be highlighted by a curated mix of international retailers, first-in-the-Philippines concepts, and homegrown dining and lifestyle brands such as Ogawa Traditional Japanese Restaurant, Tartufo, Royal Indian Curry House, One World Deli, George & Onnie’s, Café 17, Nightshade Cocktails & Bar, Hanamaruken, and Yakinuku Sudaku, among others.
Another lifestyle mall will also be opened at Vion Tower along EDSA corner Chino Roces Avenue in Makati, while additional retail areas will be opening soon at Alabang West in Las Piñas City.
At Boracay Newcoast, the company is also opening its Newcoast Beachwalk with an exciting mix of dining, retail, and services concepts that cater to the tourists visiting the island.
“We are growing our leasing business by bringing our signature lifestyle mall concept to more locations while introducing new experiences that resonate with today’s consumers. This approach allows us to drive sustained growth for Megaworld and, at the same time, enhance the value of our townships nationwide,” said Graham Coates, head of Megaworld Lifestyle Malls.
Megaworld Lifestyle Malls posted Php 3.33 billion in leasing revenues during the first half of 2025, up 10 percent year-on-year, supported by higher consumer foot traffic and strong leasing demand from premium tenants.
Earlier this year, Megaworld Lifestyle Malls also announced it has expanded its retail spaces at Lucky Chinatown in Binondo, Manila to 36,000 square meters of gross leasable area with the opening of the Imperial Wing.
