Olympic champions getting BGC condos

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PROPERTY giant Megaworld announced on Thursday that it is gifting Philippine Olympic champions at the Paris 2024 games with a new place to live.

In a statement, Megaworld said Olympic gold medalists will be rewarded with a fully furnished, two-bedroom residential condominium at the 50-hectare McKinley Hill township at Bonifacio Global City (BGC), which is the company’s biggest Metro Manila township.

The value of the condominium unit is at P24 million.

Megaworld president Lourdes Gutierrez-Alfonso

“This 2024, we are celebrating our 100th year of participating in the Olympic Games, and what a way to celebrate this milestone than recognizing the superb competitive spirit of our newest Olympic gold medalists and welcoming them to McKinley Hill,” Megaworld president Lourdes Gutierrez-Alfonso said.

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“As one of the most celebrated addresses in Fort Bonifacio, McKinley Hill is home to several world-class athletes, including members of the Philippine national teams for basketball and football. This makes it a perfect home for Filipino champions who live a life of passion and excellence through and through,” she added.

In the previous Olympic Games in Tokyo in 2021, the country’s first gold medalist, weightlifter Hidilyn Diaz, received a P14 million condominium unit in Eastwood City, Quezon City from Megaworld.

“This epic moment is about 97 years in the making, and this is our way of saying thanks to Hidilyn for making us all proud. We believe that it’s just right to give our first-ever Olympic gold medalist a home in our first-ever township, Eastwood City, where she can enjoy the township lifestyle with her family and loved ones,” Megaworld chief strategy officer Kevin Tan said at the time.

Women’s boxer Nesthy Petecio received a P10 million Suntrust condominium unit in Megaworld’s Davao Park District township in Lanang, Davao City as a result of her silver medal finish in the previous Games in Tokyo. She is currently in Paris for her second Olympic Games.

Apart from Petecio, the other Olympians still in Paris are fellow boxers Aira Villegas and Carlo Paalam (a silver medalist in Tokyo), pole vaulter Ernest John Obiena, gymnast Carlos Yulo, weightlifters John Ceniza, Vanessa Sarno and Elreen Ando, hurdlers John Tolentino and Lauren Hoffman, golfers Bianca Pagdanganan and Dottie Ardina, and rower Joanie Delgaco.

Under the National Athletes and Coaches Benefits and Incentives Act, the government also rewards Olympic medalists.

Gold medalists get P10 million and an Olympic Gold Medal of Valor; silver medalists will get P5 million and bronze medalists will get P2 million.

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