Category Archives: megaworld corporation
What are we in Mega-power for?
Things to Consider Before Buying a Condo
These days, buying a condo unit has become a normal occurrence. The past decade has seen the increase in the development and sale of the condominiums resulting in the growth of the property industry.
How Megaworld Corporation maintains its positive image
Megaworld Corporation has successfully maintained a positive image both in traditional and online media. Even with a lot of complaints and issues with its projects, Megaworld Corporation has somehow avoided staying in negative light.
How are they able to do this? Based on our sources,Megaworld corporation has a big budget for PR, yes press relations. It has a network of traditional and online media channels under their payroll.
Last July 11, 2014, we received a Google alerts notification about an article online, with the keyword “megaworld”, that links to an article that reads, “Condo developer fails to deliver on ‘promises'”.
When I went to the link, Philippine Daily Inquirer has taken down the article. Fortunately, someone was able to screenshot it and share it on Twitter.
Here’s a bigger copy of the article:
Megaworld Corporation and its Illegal Practices
Megaworld Corporation and its subsidiary, Empire East Land Holdings, Inc. is very comfortable with illegal activities.
In one of its projects, Cambridge Village, in San Andreas, Cainta, Rizal, Megaworld Corporation/Empire East Land Holdings, Inc. sold more units that they had permits for and advertised illegally.
Their violations were so rampant that the Housing and Land Use Regulatory Board (HLURB) imposed administrative sanctions against Empire East Land Holdings, Inc.
And because Megaworld Corporation/Empire East Land Holdings, Inc. feels they are above the law, they conveniently disregarded the sanctions.
Click the picture below to see the ruling of HLURB against Megaworld Corporation/Empire East Land Holdings, Inc.:
“The payment was made in September, 6 months later they contacted me by email and said they never received that months payment.First question I asked was why are you telling me now.I said I know I made it and will email you a copy of the receipt you sent me. So I did, and now they are saying that’s not good enough the need more proof? and I will be charged fees and penalties? what?
People run from this company!!!3 years of making payments and now ready to move in and they are pulling this stuff. 2ca669c” – source: click here.
One theory as why Megaworld Corporation feels above the law is because they buy out politicians and judges. One example is when they gave a huge “discount” to then Chief Justice Corona.
They gave the impeached Chief Justice a discount on condo units in the Bellagio condominiums because of supposed water damages to the unit. But would the unit owner get a discount of repairs when it’s the responsibility of the contractor or developer to shoulder damages or faults in the unit, in the first place.
When required by the Senate to give proof of the said water damage, Megaworld Corporation, couldn’t.
To know more about this case, just do a search in google, or check out this search results:
https://www.google.co.uk/?gfe_rd=cr&ei=eZtMU8uMNuil8wfk4IGgAw#q=megaworld+and+corona
https://www.facebook.com/abscbnNEWS/posts/10150506980205168
The internet is full of information on why you shouldn’t get a unit from Megaworld Corporation. Please do your share of informing the public.
Let the buyers beware.