It will be called Paragua Coastown, described by Megaworld as an ‘eco-tourism community’ where sustainable tourism and green living co-exist harmoniously.
There is anticipation but the project could take 10 to 15 years to complete. The plan is to initially develop the 83 hectare land in Kemdeng and then the rest of the 462 hectares.
It will cost P40 Billion pesos as the Township will have hotels and resorts, health and wellness sanctuaries, cultural center, educational institutions, a boutique hotel district, a shophouse district, as well as residential developments such as private villas, serviced apartments, themed residential villages, and a mangrove reserve park and so on and so forth.
The town of San Vicente is in the West Coast of Palawan and is home to Long Beach which is dubbed as the country’s longest coastline and Southeast Asia’s second-longest so there is a lot of potential for this development.
Megaworld, a listed company and one of the largest real estate developers in the country see this development to cater to families, couples, and individuals seeking a more mindful and eco-friendly way of life.
“More than just sustainable tourism, our vision for this expansive Palawan property is to provide an opportunity to those who want the island-life to live and even raise their families there,” according to Kevin Tan, the chief strategy officer of Megaworld.
Now that would be a development we are all looking forward after all the pandemic troubles we have gone through.

