Megaworld Launches 2nd Residential Condo Tower at The Upper East Township in Bacolod

Megaworld Corp. (PSE: MEG) is launching another residential condominium development inside The Upper East township in Bacolod City, just six months after it successfully launched its first residential tower, One Regis, last year.

Two Regis is a 14-storey residential tower that will be built at the corner of Regis and Madison Streets within the 34-hectare township in the eastern part of Bacolod City.

Strategically located just beside the proposed Megaworld Lifestyle Mall, Two Regis will offer units ranging from Studio (up to 31.5 square meters), Executive Studio (up to 37.5 square meters), One-Bedroom (up to 43.5 square meters), and Two-Bedroom (up to 87 square meters). Several available units have will their own balcony, overlooking the transforming landscapes of the township.

A key feature of the residential tower will be the three Skygardens, two of which are located on the 12th level, also known as the Lower Sky Suites Floor, and one at the center of the 8th level, also known as the Garden Suites Floor.

The penthouse floor, also known as the Upper Sky Suites Floor, will offer units in varying size options, with unparalleled views of the sunrise from the Negros Mountain Ranges and the sunset along Guimaras Strait.

“The overwhelming success of our first residential tower is a clear indication that Bacolod has embraced the convenience of both condo living and township living. The master planned township concept that we are bringing to Bacolod makes Megaworld different as a condominium developer, and we are happy to pioneer this concept in Negros,” says Rachelle Peñaflorida, vice president for sales and marketing, Megaworld Bacolod.

Aside from the Skygardens, Two Regis will be highlighted by first-class amenities at the 2nd level such as a lap pool, kiddie pool, fitness center, daycare center, and function rooms.

Each unit will have a semi-furnished kitchen, with modular overhead and under-counter cabinets, and its own electric burner cooktop with range hood.

“We are fast-tracking the developments inside The Upper East to ensure that our future residents will be able to enjoy the mall, the parks, the hotel, and the other components of the 34-hectare township once they start living in the condo. We’ve promised Bacolod with a first-class township, and we expect things to rise in the next three to five years,” explains Peñaflorida.

Two Regis will be completed in 2023.

Megaworld is expected to generate around PhP1.5-billion in sales from this new residential tower.

Land development of the township has already started late last year. Pipe-laying of underground utility lines, as well as sewerage and drainage facilities, have also started last year.

The company is scheduled to start the construction of the Lopue’s Annex Mall inside the township in the first half of this year to pave the way for the construction of the six-lane Upper East Avenue leading to Circumferential Road.

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