Cebu, Philippines—Major developer Megaworld is building its fourth residential development, the 20-story La Victoria Global Residences, in the 30-hectare The Mactan Newtown in Lapu-Lapu City.

The tower will offer 181 spacious units with balconies ranging from studio units up to 40 square meters; one-bedroom units up to 53 square meters; two-bedroom units up to 80 square meters, and three-bedroom units up to 118 square meters.

Featuring an architecture inspired by Spanish edifices, the tower will reflect the historical significance of Galleon Victoria, the ship that brought Portuguese explorer Ferdinand Magellan to Cebu Island in 1521. It is the first ship that successfully circumnavigated the globe.

“We launch this tower 500 years after Magellan was appointed captain of Galleon Victoria’s expedition and we hope to complete this in 2022 when we commemorate the ship’s 500th year of circumnavigation,” said Megaworld Cebu Properties Inc. President Noli Hernandez.

Design-wise, the La Victoria Global Residences’ main lobby will showcase design elements and installations that are significant to the Spanish expedition.

The amenities include an infinity pool and kiddie pool, relaxation and reading lounge, children’s play area, function room, fitness center, fitness trail and jogging path, and daycare center.

Total sales are expected to reach P1.5 billion.

Home to almost 10,000 BPO and office workers, The Mactan Newtown is the company’s first and only township that has its own beachfront. It is also home to the company’s first school in the region, the Newtown School of Excellence.