P24-million BGC condo awaits Filipino gold medalist at Paris Olympics

MANILA, Philippines – A big gift awaits Filipino athlete who wins a gold medal in the Paris 2024 Olympics.

Photo courtesy: Paris 2024 Olympics, Megaworld Corporation

Megaworld announced on Thursday, August 1 that a condominium unit in Bonifacio Global City worth P24 million will be given to the Filipino athlete who can bring home a gold medal in the ongoing Olympics.

UPDATE: Carlos Yulo clinches second Olympic gold for the Philippines

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

The condo unit is in addition to the rewards that the Olympics gold medalist will receive from the government under the National Athletes and Coaches Benefits and Incentives Act. The Incentives Act guarantees an Olympic gold medalist P10 million.

"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,” the company president added.

As of this writing, three Filipino boxers already advanced to the next round as they are eyeing to grab an Olympic medal.

The boxers who qualify to the next round are Nesthy Petecio, Aira Villegas and Carlo Paalam.

All eyes as well on pole-vaulter EJ Obiena and gymnast Carlos Yulo.

Photo courtesy: One Sports, Facebook/Nesthy Petecio, EJ Obiena

Meanwhile, in 2021, a residential condominium unit was also given to Hidilyn Diaz in Eastwood City when the weightlifter won the country's first Olympic gold medal in Tokyo.

Diaz's incentive was estimated at P50 million, including monetary incentives from private companies and other personalities.

— Carl Santiago, The Summit Express