85% ALREADY SOLD
Only 3 oceanfront view units remaining!
Own a staycation unit in Palawan
and rent it out for up to Php100k*/month when you are away
No spot cash · Flexible payment · Turnover 2028 · San Vicente, Palawan
*Indicative values based on the occupancy rate
Best Developer — 3 consecutive years
PropertyGuru Philippines
Property Awards 2024
Triple winner in digital & smart technology
Real Estate Asia Awards 2024
Philippines' #1 township developer
Pioneer of the live-work-play township model - over 35 years of delivering quality developments
WHY PALAWAN?
A market that works harder than Manila
Urban condos earn on weekends. Palawan earns all week.
Here's what the numbers actually look like side by side.
Feature
Typical AirBNB condo
Palawan Oceanfront Units
Avg. stay length
Occupancy rate
Est. monthly income
Active Listings
Upfront cost
Average daily rate
1–2 nights (weekends)
49% median
P20,000–P60,000
25,585
Spot cash often required
₱2,135
3–5 nights (all week)
~49% median
Php70,000–Php100,000
1,875
No spot cash needed
₱6,171
Prime location
~500 meters from the beach | 2 hours
away from Puerto Princesa City
and El Nido | 5 minutes from the local airport
Rising market
87,066 tourist arrivals in San Vicente
in 2023. 2.1M across Palawan in 2024
— up 7.52% year over year.
Investor-friendly terms
No spot cash required. Flexible
payment structure with income
starting from Day 1 of turnover
in 2028.
INCOME POTENTIAL
AT 40% OCCUPANCY CONSERVATIVE BASELINE
₱66,000 – ₱102,000 / month
Executive / Studio unit · ₱5,500–₱8,500 nightly rate
Most Palawan properties exceed 40% occupancy during peak season. This is the floor, not the ceiling.
AT 40% OCCUPANCY CONSERVATIVE BASELINE
₱66,000 – ₱90,000 / month
Executive / Studio unit · ₱5,500–₱7,500 nightly rate
Most Palawan properties exceed 40% occupancy during peak season.
This is the floor, not the ceiling.
CHOOSE YOUR UNIT
Three ways to own a piece of Palawan
All units are smart and energy-efficient, with 180° views of Pagdanan Bay. Priced in USD and AUD for overseas buyers.
EXECUTIVE STUDIO
Studio unit
42 sqm + 4 sqm balcony · with or without balcony
STARTING PRICE
₱9.39M – ₱12.27M
USD 159,436–208,337 ·
AUD 239,000–312,000
Sliding partitions for flexible living
Ideal for short-stay rental management
Highest rental yield per sqm
7 units remaining (with balcony)
1-BEDROOM
Premier Suite
64 sqm + 4.5 sqm balcony
STARTING PRICE
₱14.90M
USD 252,993 · AUD 379,000
Extra room — ideal as home office
Good for longer stays & retirees
Commands higher nightly rate
1 unit remaining with balcony
2-BEDROOM
Family units
64 sqm + 6 sqm balcony · with or without balcony
STARTING PRICE
₱20.25M – ₱30.9M
USD 343,832–524,663 ·
AUD 515,500–788k
Designed for families & extended stays
Includes utility / home office room
Best for retirement use + rental
11 units remaining (with balcony)
Luxury beachside living elevated
Oceanfront Premier Residences offers a new lifestyle that seamlessly combines luxury, sustainability, and inclusivity.
Rising 10 floors, this iconic tower features a modern wave-inspired façade, crafted to echo the rhythm of the coastline.
With 180° panoramic views of Pagdanan Bay and lush mountain ranges that embrace the 462-hectare Paragua Coastown master plan, this piece of paradise sits between Puerto Princesa City and El Nido.
Perfect for retirees, long stay vacationers, property investors, and Pinoy balikbayans. Turn over date will be this 2028.
Featuring smart & enery efficient units
Executive Studio Unit (with or without balcony)
Studio units featuring sliding partitions for a flexible living arrangement.
42 sqm + 4 sqm balcony
Price range: USD 159,436 to USD 208,337 | AUD239,000 to AUD312,000 (PHP9.39M -PHP12.27M)
1-Bedroom Premier Suite
These units offer an extra room, ideal for a home office.
64 sqm + 4.5 sqm balcony
Only 1 unit remaining: USD 252,993 | AUD379,000 (PHP14.90M)
2-Bedroom Units
Designed with families in mind, these spacious units provide two bedrooms
Has 1 additional room, which can be used as utility/maid’s room or a home office.
2-BR: 64 sqm + 7 sqm balcony
2-BR Premier Suite: 96 sqm + 9.5 sqm balcony
Price range: USD 343,832 to USD 524,663 | AUD 515,500 to AUD788,000 (PHP20.25 TO PHP30.9M)
Amenities & Green Features
Swimming pool with infinity edge
Function room with dry pantry and outdoor spill-over area
Game room
Fitness Center with Yoga Area
Daycare
Co-working space
High energy efficiency rating for major equipment
Adheres to Philippine Green Building Code
Rainwater harvesting and reuse
Low flow rate fixtures
Occupancy sensors in hallways
HOW IT WORKS
From reservation to rental income
A straightforward path to owning and earning from your Palawan unit.
Reserve your unit
No spot cash. Choose your preferred unit and floor during the pre-selling window.
Flexible payment
Pay on a schedule that fits your cash flow. No lump sum required upfront.
2028 turnover
Receive your unit as Palawan tourism continues its upward trajectory.
Start earning passively
List on Airbnb or work with the Property Leasing & Management Service of Megaworld. This service is designed to provide seamless end-to-end management especially for owners who live abroad or prefer a hands-off approach.
INVESTOR STORIES
What investors are saying
Early investors on Megaworld's Palawan developments share their experience.
"No spot cash made it possible for my wife and I to secure an executive unit with a beach view from the balcony, which we really love. They also allow online payments via credit card, which helped me keep my other investments intact while leveraging my credit line. Highly convenient and a great experience overall."
Bob A., Business Owner
El Nido, Palawan
"Liz walked me through every detail. No pressure — just clear information. I reserved within the week."
Eman, M., Engineer,
Australia
"My American husband was skeptical akala nya scam. But I trusted the numbers. Palawan guests simply stay longer, and that changes everything about the ROI. Good thing Megaworld allows co-owners up to 5 people. I had it with some friends."
Lyda, Filipina, USA
CONSTRUCTION UPDATE 2026
Paragua Coastown by the Numbers
462 has
Whole Development Area
83 has
1st phase
Php40B
Worth of Project
15 years
Sustainable Development Plan
About the Developer
Megaworld is the Philippines’ leading township developer and the pioneer of the live–work–play concept, backed by over three decades of delivering world-class communities.
Megaworld is known for iconic developments like:
Eastwood City
Uptown Bonifacio in BGC
McKinley Hill and McKinley West in Taguig
Iloilo Business Park
Newport City (near NAIA)
With a proven record of quality and timely delivery, Megaworld continues to create high-value, future-ready destinations including emerging gems like Paragua Coastown.
Frequently Asked Questions
Yes, foreigners can own condominium units in the Philippines under the Condominium Act (Republic Act 4726), as long as total foreign ownership in the building does not exceed 40% of units. So far there are still few remaining units left for foreign investors.
No. The entire purchase process can be completed remotely, including reservation, contract signing, and payments. Our team assists you every step of the way, even if you’re based overseas. Buyers may sign the reservation agreement documents using e-signature for the purpose of booking the unit they purchased.
Local banks in the country do not offer financing to foreigners. However, foreigners may avail themselves of in-house financing provided by our head office or secure financing from banks in their home countries. Interest rates and loan terms may vary depending on approval.
Owners are welcome to lease out their unit for Airbnb, short-term, or long-term stays, allowing them to generate passive rental income. Our Property Management Team will assist your guests during move-in and move-out, and will also help monitor their stay, ensuring a smooth experience for both you and your tenants.
You may also choose to subscribe to the Active Adult Living services of Oceanfront Premier Residences, which provide added convenience such as maintenance assistance, housekeeping, and laundry services.
Megaworld provides professional property and building management, covering maintenance, security, common areas, and day-to-day operations—giving overseas owners peace of mind and worry-free ownership. You may choose to subscribe to the Active Adult Living services of Oceanfront Premier Residences, which provide added convenience such as maintenance assistance, housekeeping, and laundry services.
For immediate inquiries, you may email, call, or chat us at:
Email address: lsalagubang.megaworldleisure@gmail.com
Whatsapp: +639987527090
FB messenger: https://m.me/megaworldleisurevistarealty