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. 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 20% 219,305.50 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) CONSTRUCTION UPDATE!
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. HURRY! LIMITED UNITS LEFT!
AFFORDABLE CONDOMINIUMS WITHIN THE CENTRAL BUSINES DISTRICT OF ORTIGAS CENTER(PASIG-CAINTA), MAKATI CITY, MANDALUYONG AND SAN JUAN CITY!GIVING BIG DISCOUNTS IN EMPIRE EAST LAND HOLDINGS, INC. PROJECTS!!! EXTENDED PROMO TO ALL PROJECTS UNTIL: JANUARY 15,2011 ONLY! 3% DISCOUNT IN ALL TOWERS!!! THE CAMBRIDGE VILLAGE : CENTRAL PARK Offers Affordable but world Class Living. With Europian Units and Resort Type Amenities. Along East Bank Road PASIG-CAINTA BOUDERY.Just 15 Minutes away to Ortigas Center. Near SM Mega Mall, Medical City, EAstwood City Libis, Crossing, EDSA MRT.NO DOWNPAYMENT FOR PRE SELLING UNITS! Visit Website for More Details: http://empireeastrealproperties.weebly.com/central-park.html Visit Website for More Details: http://empireeastrealproperties.weebly.com/the-cambridge-village.html 3% DISCOUNT IN ALL TOWERS!!! SAN LORENZO PLACE - MAKATI CITY NO DOWNPAYMENT AND ZERO % INTEREST. LOCATED ALONG EDSA CORNER CHINO ROCES AVENUE. FOR AS LOW AS php15,000/MONTH 1 BEDROOM UNIT! Visit Website for More Details: http://empireeastrealproperties.weebly.com/san-lorenzo-place.html 3% DISCOUNT IN ALL TOWERS!!! PIONEER WOODLANDS - MANDALUYONG CITY NO DOWNPAYMENT AND ZERO % INTEREST. Set along Edsa Corner Pioneer Street Mandaluyong City. This projects is physically linked to MRT Boni station. Tower is sold out! Nearing Completion and turn over... For as low as PHP12,000/MONTH Studio Unit. Visit Website for More Details: http://empireeastrealproperties.weebly.com/pioneer-woodlands.html 3% DISCOUNT IN ALL TOWERS!!! LITTLE BAGUIO TERRACES - SAN JUAN CITY/ QUEZON CITY NO DOWNPAYMENT AND ZERO % INTEREST. Located in N. Domngo St. San Juan City and boundery of Quezon City Along AURORA BOULIVARD. This projects is physically is near LRT J. RUIZ and GILMORE station. Near St. Lukes, Araneta Center Cubao.AVAILABLE UNITS:2 Bedrooms 30sqm 2.4M3 Bedrooms 60sqm 4.9M Visit Website for More Details: http://empireeastrealproperties.weebly.com/little-baguio-terraces.html 3% DISCOUNT IN ALL TOWERS!!! THE ROCHESTER - SAN JOAQUIN PASIG NO DOWNPAYMENT AND ZERO % INTEREST. Located in Pasig Near C5, Forbes, Taguig and Accessible to Makti City. Experience this Hotel-Condo type with first Class Amenties. Offering Affordable units with Balconies. FOR AS LOW AS php9,000/MONTH! Visit Website for More Details: http://empireeastrealproperties.weebly.com/the-rochester.html READY FOR OCCUPANCY!!! 10% DISCOUNT IN ALL TOWERS!!! CALIFORNIA GARDEN SQUARE - MANDALUYONG CITY Just few minutes walk from EDSA SHangrila Plaza, MRT Shaw Boulivard and SM Mega Mall.MOVE IN AGAD PROMO FOR ONLY 2 MONTHLY ADVANCE AND RESERVATION FEE!!!LOFT TYPE UNITS AVAILABLE! Visit Website for More Details: http://empireeastrealproperties.weebly.com/california-garden-square.html READY FOR OCCUPANCY!!! 5% DISCOUNT IN ALL TOWERS!!! XAVIER HILLS CONDOMINIUM - SAN JUAN CITY- NEW MANILA 3 Minutes walk to Gilmore LRT Station and Aurora Boulivard. MOVE IN AGAD PROMO FOR ONLY 2 MONTHLY ADVANCE AND RESERVATION FEE!!!LOFT TYPE UNITS AVAILABLE! Visit Website for More Details: http://empireeastrealproperties.weebly.com/xavier-hills.html READY FOR OCCUPANCY!!! 15% DISCOUNT IN ALL TOWERS!!! GREENHILLS GARDEN SQUARE - NEW MANILA Located in Boni Serrano Street New Manila. Near Camp Crame and Santolan MRT Station EDSA.MOVE IN AGAD PROMO FOR ONLY 2 MONTHLY ADVANCE AND RESERVATION FEE!!!LOFT TYPE UNITS AVAILABLE! Visit Website for More Details: http://empireeastrealproperties.weebly.com/greehills-garden-square.html Lots and House & Lots 3% DISCOUNT IN ALL LOTS!!! THE SONOMA : THE ENCLAVE - STA. ROSA CITY LAGUNA NO DOWNPAYMENT AND ZERO % INTEREST. LOTS FOR SALE! Affordable Lots for as low as Php12,000/month! Located in the next Makati of the South- Sta. Rosa City, Laguna. Near your needs and Accessible to Makati, Tagaytay.With Modern Asian Inspired Architecture Houses. Visit Website for More Details: http://empireeastrealproperties.weebly.com/the-sonoma.html Lots and House & Lots 10% DISCOUNT IN ALL LOTS!!! LAGUNA BEL AIR 3 & 4 - STA. ROSA CITY, LAGUNA Experience living in an American Environment! American designed houses and living. Offering Houses adn lots for sale. With First Class Amenities and near to Makati, Malls, Tagaytay, Schools, Hospitals and your Needs! Visit Website for More Details: http://empireeastrealproperties.weebly.com/laguna-bel-air.html HAVE YOU DAY BE SCHEDULED NOW! RESERVE NOW TO AVAIL YOUR PROPERTY! best regards, MARLON SANTECO Real Estate Consultant Empire East Land Holdings, Inc. Megaworld Corporation IN HOUSE SALES TEAM Email : [email protected] MOBILE:+63 9228794083 SEE PROJECTS & DETAILS THRU OUR WEBSITE: http://empireeastrealproperties.weebly.com/ "GOOD INVESTOR DESERVES GOOD INVESTMENT" FORWARD THIS GREAT NEWS! AFFORDABLE CONDOMINIUM NEAR ORTIGAS CBD, EDSA, SM MEGA MALL, MEDICAL CITY AND EASTWOOD CITY LIBIS12/29/2010 CAMBRIDGE VILLAGE
NO DOWN PAYMENT FOR PRE-SELLING UNITS! GOOD FOR INVESTMENT! Empire East Land Holdings, Inc gives you.... EUROPIAN inspired CONDO -CAMBRIDGE VILLAGE LIVE, WORK, PLAY AND DINE! With Refreshing environment and First class amenities.. Located in Pasig Cainta Area. Just a few minutes away to Eastwood City Libis, SM MEGA MALL and Ortigas Center. JUST ONE RIDE!!! Along EAST BANK ROAD, the nearly to be developed C6 Road going NAIA, MAKATI, MANDALUYONG. Feature Play right at home in your own swimming pool or tennis court. Have fun with your family and friends at the clubhouse with a gym, mini theater, and karaoke bar. Pray in your own chapel and shop for your daily needs at the Cambridge Village Center. Get your Kids to their study place at Cambridge Library. Reach Makati, Ortigas or Eastwood City easily with your own shuttle bus service and rely on a professional team to keep your community safe and well maintained The project is accessible via the Manggahan Road. It is a short drive away from Eastwood City, Makati and Ortigas and top-drawer schools such as the University of the Philippines, Ateneo, Miriam College, Xavier School and La Salle Greenhills. CAMBRIDGE VILLAGE IS… 15 minutes to ortigas CBD 25 minutes to Araneta Cubao 25 Minutes to The fort Bonifacio 20 Minutes to Makati CBD FACILITIES → INDIVIDUAL ELECTRIC AND WATER METERS → PROVISION FOR TELEPHONE /CATV/INTERNET LINES PER UNIT → TWO PASSENGERS ELEVATOR FOR EVERY RESIDENTIAL BUILDING → TWO STAIRWAYS AT BOTH ENDS OF THE BUILDING → OVERHEAD AND CISTERN WATER TANKS, ASSURE SUFFICIENT WATER SUPPLY TO ALL RESIDENTIAL UNITS → GROUND FLOOR WITH ATRIUM GARDEN → INDIVIDUAL MAIL BOX → With 24/7 SECURITY with roving guards, security every towers Good News!!! START YOUR INVEST NOW! Units: 30sqm – 90sqm(Regular size Europian 2BEDROOMS), 40sqm – 120sqm(Regular size Europian loft type with 1 Bed room/ 2 storey), 50sqm – 100sqm(Regular size Europian flat type with 2 Bedrooms). COMBINED UNITS AVAILABLE! Reservation fee: php10,000 only and is deductible to the contract price. COMPUTATION : PRE SELLING OPTION A: 15 YEARS SCHEME: With Lumpsum payable once in a year for 8 years only. Flat 30sqm : Fisrt year monthly amortization : Php 8,844.03 LOFT TYPE 40sqm : Fisrt year monthly amortization : Php 10,015.41 FLAT TYPE 50sqm : Fisrt year monthly amortization : Php 15,057.44 FLAT TYPE 100sqm :Fisrt year monthly amortization : Php 30,114.87 LUMPSUM INVESTMENT: FLAT 30sqm - for as low as Php 24,487.65 LOFT TYPE 40sqm – for as low as Php 27,731.01 FLAT TYPE 50sqm – for as low as Php 41,691.54 FLAT TYPE 100sqm – for as low as Php 83,383.08 OPTION B: 3 YEARS TO PAY @ 0% INTEREST FLAT 30sqm - for as low as Php 27,736.11 LOFT TYPE 40sqm – for as low as Php 31,409.72 FLAT TYPE 50sqm – for as low as Php 47,222.22 FLAT TYPE 100sqm – for as low as Php 94,444.44 READY FOR OCCUPANCY For Ready for Occupancy, Down Payment is required. FAST Move in with maximum span of 2 weeks to 4 weeks upon Full Downpayment. First -Come, First serve Only! 20% Down payment required: MOVE IN AGAD! AFFORDABLE! FLAT 34sqm -for as low as Php231,900.00 LOFT TYPE 40sqm – for as low as Php288,750 FLAT TYPE 50sqm – for as low as Php370,000 FLAT TYPE 100sqm – for as low as Php 740,000.00 OPTION A: 20% DP – 80% BALANCE INHOUSE FINANCING/BANK FINANCING) 20%-Down Payment 80% Balance (INHOUSE FINANCING) 2 years to pay @ 0% interest FLAT 34sqm - for as low as Php 38,650.00 LOFT TYPE 40sqm – for as low as Php 48,125.00 FLAT TYPE 50sqm – for as low as Php 61,666.67 FLAT TYPE 100sqm – for as low as Php 123,333.33 7 years to pay FLAT 34sqm - for as low as Php 18,424.05 LOFT TYPE 40sqm – for as low as Php 22,940.68 FLAT TYPE 50sqm – for as low as Php 29,395.85 FLAT TYPE 100sqm – for as low as Php 58,791.71 OPTION B: 20% DP – 80% BALANCE PAYABLE IN # YEARS @ 0% INTEREST 20%-Down Payment 80% Balance (3 years to pay) FLAT 34sqm - for as low as Php 25,766.67 LOFT TYPE 40sqm – for as low as Php 32,083.33 FLAT TYPE 50sqm – for as low as Php 41,111.11 FLAT TYPE 100sqm – for as low as Php 82,222.22 Requirements: 1 valid ID W/tin (Photo Copy) Passport for foreigners and Filipino's abroad (Photo copy) Reservation fee of only 10,000.00 WE CAN SEE AND VISIT OUR PROJECT FOR FREE!!! For inquiries, and assistance please contact our EELHI Real Estate Consultant. MARLON SANTECO Real Estate Consultant Empire East Land Holdings, Inc. MEGAWORLD CORPORATION IN-HOUSE SALES TEAM: 09228794083 Email/Facebook: [email protected] |
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