Megaworld’s Iloilo Business Park is becoming more than just a landmark township. It is now one of the strongest indicators of Iloilo City’s rise as a major business destination outside Metro Manila.

Recent reports citing Colliers International data show that Megaworld now accounts for around 48% of Iloilo’s office market, driven by the continued growth of the 72-hectare Iloilo Business Park in Mandurriao, Iloilo City. The township now hosts 13 office developments with more than 205,000 square meters of gross leasable office area.

This is a significant milestone not only for Megaworld, but also for Iloilo City. It shows how far the city has come from being a promising provincial market to becoming one of the most active regional business hubs in the country.

A Township That Created Real Economic Momentum

Iloilo Business Park has become a major employment center in Western Visayas. According to reports, Megaworld’s office spaces in the township support approximately 20,000 direct jobs from BPO and traditional office tenants, while also generating an estimated 80,000 indirect jobs across related sectors such as transportation, retail, food, services, and other support industries.

For Ilonggos, this means the township is not just about buildings. It has become a place where people work, meet clients, attend events, dine, shop, live, invest, and build careers.

This is the power of a true integrated township. Offices bring workers. Workers support restaurants, cafes, hotels, transport, retail, and residential demand. In turn, these lifestyle and commercial components make the district even more attractive for companies and investors.

Office Demand Remains Strong in Iloilo Business Park

Megaworld’s existing office developments in Iloilo Business Park reportedly have an occupancy level of nearly 85%, higher than the estimated industry average of 80%. This strong occupancy is one of the reasons Megaworld is now expanding its office offerings beyond traditional leasing.

For years, Iloilo Business Park has attracted local and multinational BPO companies, corporate offices, and business locators. But now, a new market is emerging: entrepreneurs, professionals, investors, medical practices, law firms, design studios, and SMEs who want to own their office space instead of simply renting.

This is where International Corporate Plaza enters the picture.

International Corporate Plaza: Office Ownership in the Heart of Iloilo Business Park

Megaworld is rolling out its office-for-sale concept in Iloilo Business Park through International Corporate Plaza, a 19-storey office tower offering more than 300 office units for sale.

The project is designed for professionals, entrepreneurs, businesses, and investors who want a permanent business address inside Iloilo’s most established modern township.

Since its launch, International Corporate Plaza has reportedly sold around 65% of its units, with values reaching approximately ₱231,000 per square meter. Reports also noted that values have appreciated by around 43%, reflecting strong investor confidence in office ownership within the township.

For buyers, this is an important signal. Office ownership in a prime township is no longer just for large corporations. It is now becoming a practical option for smaller businesses and professionals who want stability, prestige, and long-term value.

Why Iloilo Business Park Remains Attractive for Businesses

One of the biggest advantages of International Corporate Plaza is its location.

It sits within the commercial district of Iloilo Business Park, close to major township anchors such as Courtyard by Marriott Iloilo, Richmonde Hotel Iloilo, the soon-to-open Belmont Hotel Iloilo, Festive Walk Mall, Festive Walk Parade, Iloilo Museum of Contemporary Art, the Brandy Museum, residential condominiums, restaurants, cafes, and other lifestyle destinations.

This gives businesses something that a standalone office building cannot easily provide: a complete environment.

Clients can meet you in a professional office, stay in a nearby hotel, dine within the township, attend events at the Iloilo Convention Center area, and enjoy the convenience of a walkable business and lifestyle district.

For professionals and entrepreneurs, this kind of address creates credibility. For investors, it creates long-term leasing potential. For companies, it helps attract talent.

Iloilo’s Office Market Is Becoming More Competitive

The recent attention from national business publications also highlights a larger story: Iloilo is no longer just an alternative market. It is becoming a serious regional office destination.

Manila Bulletin reported that Colliers noted Iloilo has outpaced Cebu in office leasing activity, showing how strong the city’s office demand has become.

This matters because Iloilo is competing not only on lower operating costs, but also on quality of life, talent availability, infrastructure, business environment, and the presence of integrated developments like Iloilo Business Park.

As more companies look beyond Metro Manila, Iloilo is becoming harder to ignore.

What This Means for Investors

For property investors, Megaworld’s growing office market share in Iloilo sends a clear message: demand is no longer limited to residential condominiums.

The office sector is also becoming an important investment category, especially for buyers who want exposure to Iloilo’s business growth.

International Corporate Plaza gives investors a chance to own office space in a township that already has an established business ecosystem, strong occupancy, proven foot traffic, and continuing development.

Instead of buying only for personal use, buyers may also consider future leasing opportunities to professionals, firms, startups, satellite offices, clinics, and service-based businesses looking for a prestigious Iloilo Business Park address.

More Than Real Estate: A Sign of Iloilo’s Growth

Megaworld’s 48% share of Iloilo’s office market is not just a corporate achievement. It is also a reflection of Iloilo City’s progress.

The old Iloilo airport in Mandurriao has been transformed into a modern business district. What used to be a runway is now a growing township with offices, hotels, malls, museums, restaurants, residential towers, and investment opportunities.

For Ilonggos, especially those abroad, this is a powerful reminder: Iloilo is no longer just a place to come home to. It is also a place to invest, build, and grow.

Interested in Owning an Office in Iloilo Business Park?

International Corporate Plaza offers a rare opportunity to own office space inside Iloilo Business Park, Megaworld’s 72-hectare township in Mandurriao, Iloilo City.

Whether you are a business owner, investor, doctor, lawyer, consultant, architect, startup founder, or company looking for a Western Visayas address, this may be the right time to explore available units.

Inquire today about International Corporate Plaza and discover how office ownership in Iloilo Business Park can work for you.