Empire East & Megaworld has everything you need!
FLOOD FREE DEVELOPMENT !
|Empire East Land Holdings, Inc.||
Look No More!
Empire East & Megaworld has everything you need!
FLOOD FREE DEVELOPMENT !
Those pink mini billboard ads that were put up during valentine week bore the words every aspiring girl has ever dreamt of hearing from a one true love, “Olivia, will you marry me?”. It left no other clue except for the 21414 number or code on the lower right corner. A lot of people assumed that this was in fact a date corresponding to Valentine's Day of this year which is February 14, 2014. But when the date arrived and gave no sign of Olivia nor of the guy who proposed, people were left with the standing question: Is this a real proposal then? or a mere marketing campaign?
Seven days after its launch, people were able to confirm that it is indeed a marketing campaign made by a real estate developer Empire East as their sustaining billboard ads were mounted in replacement of their mystery ads.
The new billboards were of the same pink shade with the same text font that says: “Olivia said yes! So we bought our first investment together”. Below it we see the same numbers bearing 21414 which, does not actually correspond to any date but to a new payment term of Php 2,141.4 per week when people buy any of Empire East's condominium developments.
Week End Magical event in Manhattan Garden City!
Introducing - THE SPARKLE.
The Manhattan Garden City INVESTOR'S NIGHT!
Join us now!
June 29-30, 2013 only at the 4th level of Manhattan Parkview Garden Villa!
Empire East to build high-end condos in $2-B Tiger Resort By Zinnia B. Dela Peña (The Philippine Star) July 2012 NEW PROJECT!!!
MANILA, Philippines - Empire East Land Holdings Inc., the middle-income property arm of tycoon Andrew Tan, is diversifying into the high end-segment of the market following its partnership with Japanese billionaire Kazuo Okada to build the residential component of a planned $2-billion integrated resort in an area that has become the new battleground for the country’s taipans.
In a text message, Empire East president Anthony Charlemagne Yu said the company would funnel around P45 billion to construct at least 25 upscale residential towers on a 12.95-hectare property within Entertainment City Manila. This is pursuant to a deal it entered into with Okada’s Tiger Resort Leisure and Entertainment Inc. and Eagle 1 Landholdings Inc. to “take the lead with a majority stake in the development of a luxury residential resort condominium project” along the coast of Manila Bay.
Yu said the company is ready to plunk in an initial P10 billion in the residential project, which will be done in phases under the Empire East Elite brand.
“The new brand will cater to more sophisticated, discerning and value-driven customers who want to live in and experience a luxurious and comfortable urban residential community complemented with resort amenities,” Yu said.
He said Empire East is ready to compete head on with sister firm Megaworld Corp., whose projects are targeted towards high-end buyers.
“Empire East will compete with all the developers in the market including Megaworld. This is healthier rather than limiting [the company] into one segment of the market. The market is very active now. ELI wants to have a piece of the high-end market as well,” Yu said.
Megaworld officials said they see no problem with ELI’s partnership with Okada, saying the competition will purely be on the residential side and should result in an abundance of choices for homebuyers.
Travellers International Hotel Group, a joint venture between Tan’s listed investment holding firm Alliance Global Group Inc. and the Genting Group of Malaysia, is building its own gambling complex at the Entertainment City.
Aside from Okada-led Tiger Resorts and Travellers, the two other groups that were issued licenses to operate a casino at the Entertainment City by the Philippine Amusement & Gaming Corp. are Belle Corp., which has teamed up with Melco Crown Entertainment of Australian billionaire James Packer and Macau casino mogul Lawrence HO, and Bloomberry Resorts of port magnate Enrique Razon.
“We are very honored and excited to be a partner of the internationally renowned and prestigious Okada Group,” Yu said.
Okada, who made his fortune supplying equipment to Japan’s huge pachinko industry, is dead set on building his own casino in the Philippines, designed and operated according to world-class standards.
Taipan John Gokongwei’s property unit Robinsons Land Corp. will reportedly provide the commercial aspect of Okada’s integrated resort.
“We believe that Entertainment City Manila will not only be the biggest tourist hub in the Philippines in the next few years but also an excellent place to live in. We foresee that this world-class city will attract one million tourists yearly, and will be a big draw for foreign investors and retirees. Many of these visitors may opt to buy properties for a longer stay or retirement,” Yu said.
“With Empire East’s participation in Entertainment City, we intend to make this place not just a great resort for tourists, but also a great resort community for people to live in,” he added.
HURRY! BE THE FIRST! TOWER 25 OF CAMBRIDGE VILLAGE IS NOW ON SALE! GET YOUR UNIT NOW! NEXT YEAR TURN OVER! 1BEDROOM LOFT TYPE CONDO!
UNIT TYPE : Loft Type
Floor Area: 40sqm
DESCRIPTION: 1 Bedroom Europian Condo unit.
UNIT PRICE: 1,155,750.00
LESS: Rebate 15,000.00
Total Contract Price 1,140,750.00
Less: 3% Discount 34,222.50
Discounted TCP 1,106,527.50
LESS: Reservation Fee 10,000.00
NET TCP 1,096,527.50
OPTION A: 20-80 Scheme
Payable in 12 Months @0% interest 18,275.46
80% BALANCE 877,222.00 BALANCE
Payable in 2 years @ 0% interest 36,550.92
3 years 30,840.52 IN HOUSE
5 years 21,332.33 IN HOUSE
7 years 17,423.44 IN HOUSE
OPTION B: 3 years to Pay @ 0% Interest
Payable in 36 Months 30,459.10
OPTION A: 15 Years to pay
10% Lumpsam payment every year for 8 years 26,891.72
55% First Year Monthly Amortization 9,712.29
17% Second Year Monthly Amortization 12,758.13
18% Third Year Monthly Amortization 16,040.48
(Payable up to the End of the Term)
Nearing Completion for Tower 24 of Cambridge Village Facing the Newest Development , CENTRAL PARK is now on its finishing part.
Limited Units are left so what are you waiting for!
Buy now, MOVE IN FAST NEXT YEAR!
CALIFORNIA GARDEN SQUAREBE THE FIRST TO GET YOUR PROPERTY NOW!
MOVE IN AGAD PROMO IN CALIFORNIA GARDEN SQUARE UNITS FOR php50,000 TO RESERVE! PLUS 2 MONTHLY AMORTIZATION CLEARED. VERY AFFORDABLE!
Feel like your renting while owning your Property. 100% NO DOWN PAYMENT!
THE CAMBRIDGE VILLAGE
READY FOR OCCUPANCY UNITS NOW MADE MUCH MORE AFFORDABLE IN CAMBRIDGE VILLAGE! JUST 15MINUTES AWAY FROM ORTIGAS CENTER, SM MEGA MALL, MAKATI AND MANDALUYONG CBD!
MANILA, Philippines -- UP TO A third of the record-high foreign remittances sent home by expatriate Filipino workers is spent on real estate, making the current property market boom more durable than previous episodes, according to industry players and market watchers.
"Our rule of thumb is that 30 percent of all remittances end up in spending for the real estate sector, whether it is used to buy or property or spent on housing improvement," he said.
More importantly, the trend marks a significant departure from the pattern established in previous decades where the bulk of OFW remittances was spent on consumer goods, with little left for savings and investments.
In 2006, OFWs sent back to their local beneficiaries $12.6 billion through the banking system alone. The central bank estimates that this amount is even understated by an average of 30 percent because of funds sent home through informal channels.
At the low end, this means that as much as $4.2 billion in OFW funds were spent on the real estate sector last year--a figure that will rise further, given the central bank's expectations of as much as $14 billion in remittances for 2007.
"OFWs are really the main factor driving up this market," said Antonio, whose firm has launched several projects aimed at this cash-rich sector. "In our case, at least 50 percent of our sales come from OFW [buyers]."
For other firms, this level could go to as high as 60 percent of all sales, he said.
The trend has not gone unnoticed.
Large and small real estate developers are now investing heavily in wooing expatriate Filipino buyers. These include property blue-chip Ayala Land Inc., Megaworld Corp. and Robinsons Land Corp.
These firms embark on periodic sales tours in Europe and the US aimed at attracting Filipino buyers, some even setting up permanent sales offices in areas with high concentration of potential clients.
Indeed, the latest data from the National Statistical Coordination Board revealed that the property sector had recorded the fastest growth rate among various monitored industries in recent months.
REAL ESTATE BROKER LIC.# 28358