MySpace Properties Inc.
Myspace Properties, Inc. (Myspace) is the real estate – developer arm of Megawide Construction Corporation (Megawide) – a publicly-listed construction firm and now the country’s leading construction firm known for building large infrastructure for its varied clientele, including the government through the Public Private Partnership (PPP) of the Aquino Administration. Myspace is a wholly-owned subsidiary of Citicore Holdings Investment, Inc. (Citicore) – which owns 57% of Megawide’s share and also known for having another subsidiary engaged in the power and energy sector – Citicore Power, Inc. Like Megawide and Citicore Power. Myspace is founded by Michael C. Cosiquien and Edgar Saavedra in 2009 and has a simple vision of providing top quality homes for the end-user market. In the same year, Myspace entered into a Joint Venture (JV) Agreement with Antel Land Holdings, Inc. (Antel), to develop a condominium project on a certain parcel of land owned by Antel. Myspace, being a young player in the real estate industry, will now provide top quality residential units through its first joint-development project with its sister company, Megawide, a mid-rise condominium project – The Hive located along Ortigas Avenue Extension, Brgy. San Isidro, Taytay, Rizal.