Megaworld eyes P2.3-B sales from Cebu project

MEGAWORLD Corp. is aiming to generate P2.3 billion in sales from its fifth residential development to be constructed in The Mactan Newtown in Lapu-Lapu City.

The listed property developer said in a disclosure on Tuesday that The Pearl Global Residences, a 20-level residential condominium tower, is slated for completion in 2025.