Megaworld eyes “iTownships” to future-proof business
Tycoon Andrew Tan-led Megaworld Corp. seeks to “future-proof” its property developments across the country by incorporating digital technology, design innovations and connectivity into its townships.
“We have assigned teams to study how we can seamlessly integrate smart technology and innovations into our townships. In this fast-changing digital world, we see the importance of aligning our developments to quickly adapt to the disruptions, which we perceive as opportunities,” Megaworld senior vice president Kevin Tan said in a press statement.
After 28 years of building townships that offer live-work-play spaces, Megaworld has vowed to elevate the standards of its developments and create “iTownships.”
“iTownships will become our new brand in creating the townships of the future. It is about innovation, integration, internet and interconnectivity. Having these features in our townships does not only make our developments ‘future-ready’, but it also allows us to take greater steps towards sustainability and environmental responsibility,” Tan said.
Among the projects to be implemented under the program are the digitization of customer service and payment processes, integration of smart home technology in residential units, use of digital technology and energy-efficient materials in structural designs, creation of “township operation centers” across all developments to maximize 24/7 security and safety monitoring and emergency response, urban art installations and creative pedestrian crosswalks and implementation of smart parking system including provision for electric vehicle charging in mall developments.
Green and sustainable features will also be at the core of the program, the company said. Some of the initiatives that will be implemented include the conversion of old street lights to LED and solar-powered lights, green roofing for office buildings, provision of vertical green spaces across developments
During the last 28 years of doing business in the property space, the Megaworld Group has built over 660 residential developments, 54 office towers and 15 lifestyle malls in 22 townships and integrated lifestyle communities across the Philippines.