Megaworld Corp., the property vehicle of tycoon Andrew Tan, has programmed P35 billion for two new Bacolod townships in the next 10 years, in line with the company’s aim to increase its townships to 20 from the current 15.
In a statement, the company said the two townships -- 34-hectare (ha) The Upper East in the eastern part of Bacolod, Negros Occidental and the 50-ha Northhill in the northern part -- will be linked to each other via the Circumferential Road and will feature the company’s well-known “Live-Work-Play” concept.
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