Megaworld profit hits all-time high in 2025

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February 27, 2026 | 12:00am

MANILA, Philippines — Property giant Megaworld Corp. saw its earnings rise to a record high in 2025 on the back of sustained growth across its core businesses.

Megaworld reported a net income of P24 billion in 2025, 11 percent higher than the previous year’s P21.7 billion.

The company generated revenues of almost P86 billion, up five percent year-on-year, driven by the continued expansion of its recurring income portfolio and healthy residential performance.

Megaworld president and CEO Lourdes Gutierrez-Alfonso said the company’s full-year results highlight the growing strength of its diversified township portfolio and the steady expansion of its recurring income base.

“With our leasing businesses continuing to gain momentum and a strong pipeline of residential launches ahead, we are entering 2026 with confidence as we see meaningful opportunities to scale further, expand in key growth markets and build on the solid foundation we have established, especially on our pioneering township concept,” Gutierrez-Alfonso said.

For 2025, Megaworld’s leasing revenues expanded by 11 percent to P22 billion, accounting for a larger share of total revenues.

Leading the charge was office leasing revenues of Megaworld Premier Offices, which jumped by 11 percent to P14.9 billion, fueled by contributions from new assets, rental escalations, renewals and continued take-up from BPO firms and multinational companies within Megaworld’s integrated townships.

Over 330,000 square meters of office transactions were recorded by the company last year, of which around 180,000 square meters were new leases.

Stronger consumer activity and sustained tenant expansion across key lifestyle mall developments, meanwhile, boosted leasing revenues of Megaworld Lifestyle Malls by nine percent to P6.9 billion.

Megaworld’s malls reached a record average daily foot traffic of 297,000 in 2025, an 18 percent year-on-year increase that surpassed pre-pandemic levels.

For Megaworld Hotels & Resorts, revenues climbed by nine percent to P5.6 billion, driven by higher room rates and contributions from newly opened properties.

Real estate sales reached P51.8 billion on the back of stable demand across key developments in Metro Manila and growth centers in the provinces.

Megaworld is eyeing to launch approximately P65-billion worth of residential projects this year as part of its continued expansion across Metro Manila and high-growth provincial markets.

The upcoming launches are expected to further strengthen the company’s development pipeline and support future revenue recognition.