MEGAWORLD Corp. eyes a P12 billion development in Lipa, Batangas, partnering with the developer of well-known resort The Farm at San Benito.

Megaworld said the 25-hectare development, to be named San Benito Private Estate, will have a low-density wellness community that offers residential village lots, low-rise residential condominiums, international brand hotel, sports and leisure hub, active adult center, community gardens, commercial shops inside an expansive nature park as well as nature walk trails.

“It will be Megaworld’s 33rd township development in the country,” the Andrew Tan-controlled developer said.

San Benito Private Estate will be directly connected to The Farm at San Benito.

“Future residents and visitors will have access to the facilities and amenities being offered by the wellness resort,” it said.

“Around 50 percent of the entire wellness township will be devoted to green and open spaces, including natural parks and reserves, and terrains,” Megaworld added.

Megaworld said its P12- billion capital expenditure will be spent in five to seven years developing the property that capitalizes on the “stunning view” of the Malarayat mountains surrounded by lush forests and natural waterways.

“This is a shared vision of connecting a very high quality, top-of-the-line real estate business to The Farm. The combination of The Farm and Megaworld can open many new opportunities,” said Dr. Binod Chaudhary, chairman of the Chaudhary Group, one of the owners of The Farm at San Benito.

The Farm at San Benito is an eco-luxury, holistic medical wellness resort that offers natural and holistic, medically-supervised health programs, which have been carefully planned and conducted by internationally-trained integrative medicine doctors specializing in Preventive Medicine, Lifestyle Medicine, Functional Medicine, Naturopathic Medicine and Holistic Medicine.