(CNN) -- Days after one storm left hundreds dead and most of Manila under water, the Philippines was bracing itself Thursday for the impact of a super typhoon gathering pace in the western Pacific. Typhoon Peping is expected to bring heavy rainfall and major property damage to the Philippines on Saturday, according to meteorologists. The storm was upgraded to a super typhoon Thursday as it churned towards the island nation with winds of 240 kph (150 mph). The storm was about 600 miles (965 km) southeast of Manila, the Philippines' capital on Thursday afternoon. The five-day tracking map shows the storm south of Taiwan on Monday. Parma comes on the heels of Typhoon Ondoy, which left at least 246 people dead as it passed over the Philippines over the weekend. An additional 38 were still missing, the National Disaster Coordinating Council said. The storm affected nearly 2 million people and forced the evacuation of 567,000. At one point, 80 percent of the capital, Manila, was under wa...