Oceanfront Premier Residences @ Megaworld’s Paragua Coastown in San Vicente Palawan

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Oceanfront Premier Residences: a Residential Condominium Project in San Vicente, Palawan

Oceanfront Premier Residences is Megaworld Corporation's first residential condominium within Paragua Coastown in San Vicente, Palawan. The 10-storey beachside development offers smart-home condominium units, resort-style amenities, and access to the natural coastal and mountain setting surrounding the 462-hectare Paragua Coastown ecotourism township.

Project Overview

Project Name Oceanfront Premier Residences
Developer Megaworld Corporation
Location Brgy. New Villa Fria (Kemdeng), Paragua Coastown, San Vicente, Palawan
Township Paragua Coastown
Property Type Residential Condominium
Use Classification Primarily Residential; ground-floor retail areas also form part of the development
Project Status Current Offering / Under Development
Official Announcement / Launch July 5, 2023
Turnover January 31, 2028 + 6-month grace period
Number of Towers 1 Tower
Number of Floors 10 Storeys
Total Residential Units 189 Units

Available Unit Configurations

Studio Units

  • Studio with Balcony – approximately 32 sq.m.
  • Executive Studio – up to approximately 42 sq.m.
  • Executive Studio with Balcony – up to approximately 38 sq.m.

1-Bedroom Units

  • 1-Bedroom with Balcony – approximately 44 sq.m.
  • Executive 1-Bedroom with Balcony – up to approximately 54 sq.m.
  • 1-Bedroom Premier Suite with Balcony – up to approximately 71 sq.m.

2-Bedroom Units

  • 2-Bedroom – approximately 64 sq.m.
  • 2-Bedroom with Balcony – up to approximately 71 sq.m.
  • 2-Bedroom Premier Suite with Balcony – up to approximately 105.5 sq.m.

3-Bedroom Units: Not listed among the standard unit configurations in Megaworld's current and originally announced Oceanfront Premier Residences project information.

Main Selling Points

  • Megaworld's first residential condominium development within Paragua Coastown.
  • Beachside residential condominium within San Vicente's 462-hectare Paragua Coastown ecotourism township.
  • Approximately one minute's walk from the beach according to Megaworld.
  • Approximately one minute's walk from Savoy Hotel Palawan according to Megaworld.
  • 189 smart-home condominium units.
  • Wireless smart-home system accessible through a dedicated mobile application.
  • Smart-home functions designed to control selected lighting fixtures and compatible appliances remotely.
  • Residential configurations ranging from Studio units to 2-Bedroom Premier Suites.
  • Views of the sea, Pagdanan Bay, and surrounding mountain landscape depending on unit location and orientation.
  • Infinity pool facing Pagdanan Bay.
  • Ground-floor retail areas planned for resident convenience.
  • Part of a master-planned ecotourism township integrating residential, hospitality, commercial, recreational, and nature-oriented components.

Amenities and Property Features

  • Infinity swimming pool facing Pagdanan Bay
  • Layered cascading water feature
  • Kiddie pool
  • In-pool lounge
  • Pool deck
  • Outdoor lounges
  • Reading nook and meditation area
  • Function room / function area
  • Fitness center with yoga area
  • Co-working space
  • Game room
  • Daycare area
  • Wi-Fi access throughout the amenity area
  • Ground-floor retail areas
  • Low-flow water fixtures in toilet and kitchen areas
  • Occupancy sensors in hallways and parking floors
  • Energy-efficient equipment and air-conditioning units
  • Rainwater harvesting system
  • Materials recovery facility

Nearby Developments and Points of Interest

  • Beach area – approximately one minute's walk according to Megaworld
  • Savoy Hotel Palawan – approximately one minute's walk according to Megaworld
  • Pagdanan Bay
  • Paragua Sands Hotel within Paragua Coastown
  • Santé Residences Palawan within Paragua Coastown
  • Mercato Shophouse District within Paragua Coastown
  • Porto Hotel District within Paragua Coastown
  • Planned Mangrove Reserve Park within Paragua Coastown
  • Other future residential, hospitality, wellness, cultural, and institutional developments planned within Paragua Coastown

Other Details

Oceanfront Premier Residences is a residential condominium rather than a condotel. Megaworld's current project page classifies it specifically as a residential condominium development.

The architectural design takes inspiration from the surrounding coastal landscape. Megaworld describes the facade as a modern contemporary design influenced by ocean waves, with layered precast elements, earth and water tones, landscaped podium areas, and turquoise-colored vertical features inspired by Palawan's waters.

The main amenity area is located on the third floor and is centered around an infinity pool facing Pagdanan Bay.

Megaworld incorporates sustainability-oriented features into the development, including water-saving fixtures, occupancy sensors, energy-efficient equipment, rainwater harvesting, and a materials recovery facility.

At the project's launch in July 2023, Megaworld stated that approximately 52% of the 83-hectare portion of Paragua Coastown then being developed was allocated to nature-reserved and open areas.

Megaworld announced an expected project sales value of approximately PHP 2.3 billion for Oceanfront Premier Residences. This figure represents the developer's projected project sales and should not be interpreted as an investment-return projection for individual condominium owners.

Request Updated Availability and Pricing

Unit availability, prices, payment terms, promotions, specific floor plans, unit orientation, views, and other sales information may change. Request the latest developer-approved information before selecting a unit.

Project Information Notice

Project specifications, unit areas, amenities, turnover schedules, township plans, availability, prices, and other development details are subject to change by the developer and relevant authorities. Buyers should confirm current information and review official quotations, licenses, contracts, condominium documents, and other applicable project documentation before making a purchase decision.

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