MANDALUYONG | Lancaster Suites Manila Tower 1 and 2 [res] [Archive]

PLCMarketing

May 26th, 2006, 04:39 AM

Pacific Concord Properties, Inc., recently announced a March Launch Date for the Flagship Lancaster Suites Condotel [Manila] 42-Storey Condotel development located along Shaw Boulevard, Mandaluyong City, Metro Manila.

To be called Lancaster Suites Manila Atrium Tower II [which is the second Tower adjacent to the existing “Sold Out” Tower I] we are now accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 5 year interest free payment terms or 12 year "In-House" financing available, full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Condotel Investment Opportunity

Lancaster Manila Atrium Tower II, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale.

To be completed and ready for turnover from December 2009, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool.

Great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 16-18% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be finished but not fully furnished. Included in the current price are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, living and dining area tiled floorings and lower kitchen cabinets/work tops installed. A complete optional Condotel interior fit-out package including all furnitures, furnishings and appliances will be available towards the time the units are closer to being completed towards the latter part of 2009. Monthly condo dues are currently around 60 pesos/square meter of the unit floor area/month..

Reserve [Studio Type] units now at Pesos 64,888 or $1,298.00 per sqm and are 12% Tax Exempt. The One Bedroom, Two and Three Bedroom Suites are currently priced at Pesos 72,674.56 or $1,453.76 per sqm including Government Taxes [R-Vat 12%]. Five Year No Interest Charge Terms of payment. Completion and Turnover of units for Tower II will be from 2009/2010. All payments will be made to the specific Lancaster Suites Manila Atrium Tower II Equitable PCI Bank Escrow Trust Account.

It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower II Atrium Units will be at least 70-80% on completion and 100% on turnover of units in 2009/2010

Make sure you reserve a Unit Now at the Current Price Offering and extended terms of payment and stand to earn at least 70-80% in Real Property Appreciation by completion of units in 2009/2010

With current Global Structural Steel and Reinforced Steel Bar Prices increasing some 50%, we anticipate a substantial 15-20% price increase effective May-June 2006

Executive Studio Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Studio Suites. Average Floor Area 28.19 square meters [305sqft] at $1,298.00/sqm. USD 36,590.62 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Curremt Special Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 601.51. Alternatively Save USD 2,165.43 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Discounted Payment of USD 8,661.75 and Balance payable without interest over 60 consecutive equal monthly payments of USD 421.06. Another option, Pay Cash and take a 20% discount [Save USD 7,318.12] on the unit price.... Pay 90% Now [USD 26,345.25] and the remaining 10% [USD 2,927.25] on unit Turnover end of 2009...

Executive Studio DeLuxe Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive DeLuxe Studio Suites. Average Floor Area 32.99 square meters [355sqft] at $1,298.00/sqm. USD 42,821.02 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Special Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 705.36. Alternatively Save USD 2,539.26 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 10,157.04 and Balance payable without interest over 60 consecutive equal monthly payments of USD 493.75. Another option, Pay Cash and take a 20% discount [Save USD 8,564.20] on unit price.... Pay 90% Now [USD 30,831.13] remaining 10% [USD 3,425.68] on unit Turnover end of 2009...

Tax Exempt Combined Studios As One Bedroom Suites Price May 1, 2006

Lancaster Suites Manila Tower II Combined Studio Suites As One Bedroom Suite Two Units Combined Studio Floor Area 58.00 square meters [625sqft] at $1,298.00/sqm. USD 75,284.00. These units are overlooking Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for Combined Studio Suite provides it may be purchased with a Reservation Fee USD 1,000.00 and Balance then Payable without interest in 60 consecutive equal monthly payments of USD 1,230.07. Alternatively Save USD 4,457.04 by making the Reservation, USD 1,000.00 then within 30 days a 30% Net Down Discounted Payment of USD 17,828.16 Balance payable without interest over 60 consecutive equal monthly payments of USD 866.65. Another option, Pay Cash, and take a full 20% discount on the Unit Price [Save USD 15,164.80]... Pay the 90% Now [USD 54,593.28] and remaining 10% [USD 6,065.92] on unit turnover from end of 2009....

One Bedroom Corner Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom Corner Suites. Average Floor Area 59.81 sqm [645sqft] at $1,453.76/sqm. USD 86,949.39 [Including Taxes] These units are all Corner Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of USD 1,440.83. Alternatively Save USD 5,186.96 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 20,747.85 Balance payable without interest over 60 consecutive equal monthly payments of USD 1,008.58. Another option, Pay Cash take a 20% discount [Save USD 17,389.87] on unit price. Pay 90% Now [USD 62,603.56] and remaining 10% [USD 6,955.95] on unit Turnover end of 2009

One Bedroom “Loft Type” Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom “Loft Type” Suites. Floor Area 50.69 sqm [560sqft] at $1,453.76/sqm. USD 73,691.09 [Including Taxes] These 2-Storey ‘Loft Type’ units are overlooking the Swimming Pool Deck. All units within Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom “Loft Type” Suite provides purchases with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of only USD 1,219.86. Alternatively Save USD 4,391.46 by making a Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 17,565.86 resulting Balance payable without interest over 60 consecutive equal monthly payments of USD 853.90. Another option, Pay Cash take 20% discount [Save USD 14,738.21] on unit price. Pay 90% Now [USD 53,057.58] and 10% [USD 5,895.29] on unit Turnover end of 2009

Two Bedroom “Loft Type” Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Two Bedroom Loft Type Suites. Average Floor Area 75.67 sqm [800 sqft] $1,453.76/sqm. USD 110,006.01 [Including Tax] These units are all 2-Storey “Loft-Type” Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for a Two Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 1,825.10. Alternatively Save USD 570.36 by making a Reservation USD 500.00 then within 30 days a 30% Net Down Payment of USD 26,281.44 and Balance payable without interest over 60 consecutive equal monthly payments of USD 1,277.57. Another option, Pay Cash and take a 20% discount [Save USD 22,001.20] on unit price. Pay 90% Now [USD 79,204.33] and 10% [USD 8,800.48] on Turnover from 2009

Three Bedroom Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Corner Suites. Floor Area 105.325 sqm [1,135 sqft] at $1,453.76/sqm. USD 153,117.27 [Including Taxes] These units are all “Corner Suites” either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Current Special Offer for the Three Bedroom Suites provides purchases can be made with only USD 500.00 Reservation Balance Payable without interest over 60 consecutive equal monthly payments USD 2,543.63. Alternatively Save USD 9,157.03 by making the Reservation, USD 500.00 then within 30 days 30% Net Discounted Down Payment USD 36,628.15 and Balance payable without interest over 60 consecutive equal monthly payments USD 1,780.53. Another option, Pay Cash and take a full 20% discount [Save USD 30,623.45] Pay 90% Now [USD 110,244.43] and 10% [USD 12,249.39] on unit Turnover end of 2009

Penthouse Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Penthouse Suites. Floor Area 133.96 sqm [1,445sqft] at $1,610.56/sqm. USD 215,750.62 [Including Taxes] These units are all 2-Storey Loft-Type “Corner Suites” either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. Current Special Offer for Penthouse Suites provide purchases with USD 500.00 Reservation and Balance Payable without interest over 60 consecutive equal monthly payments USD 3,587.51. Alternatively Save USD 12,915.03 by making the Reservation, USD 500.00 then within 30 days 30% Net Down Payment USD 51,660.15 and Balance payable without interest over 60 consecutive equal monthly payments USD 2,511.26. Another option, Pay Cash and take a 20% discount [Save USD 43,150.12] Pay 90% Now [USD155,340.45] and 10% [USD 17,260.05] on unit Turnover end of 2009

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status. Prices quoted are in US Dollars at current [fixed contract] exchange rate now Pesos 50.00/USD 1.00

All Lancaster Residential Suites Unit Features Include:

• Vitrified ceramic tiles in living, dining areas
• Ceramic tiles in kitchen and toilet and bath
• Toilets with mechanical ventilation
• Plastered cement with painted finishes
• Provisions for window type air-conditioners

For a Copy of the Lancaster Suites Slide Show Presentation copy and paste the following URL directly into your Web Browser..

http://www.kodakgallery.com/I.jsp?c=thslvaa.507okf1e&x=0&y=gzpcua

For full details of the Lancaster Condotels please contact:

Beth Collingz
Director - PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites. 2/F JTIC Building
622 Shaw Boulevard Corner Samat St.,
Mandaluyong City. Metro Manila. Philippines 1552
Tel: [Manila 63 2] 717 1958 [Direct Line] Fax: [Manila 63 2] 718 1828

PLC International Marketing Networks
Pacific Concord Properties Inc - Branch Cebu
Lancaster Cebu Resort Residences
Lapu-Lapu City, Mactan. Cebu.
Tel: [Cebu 63 32] 340 0721 Fax: [Cebu 63 32] 495 4938
Email: plcsales@pldtdsl.net
Website: http://www.plcsales.coms.ph [Lancaster Manila]
Website: http://www.lancastercebu.coms.ph [Lancaster Cebu]

May 26, 2006

KiBeN

May 26th, 2006, 04:46 AM

wow!!! I saw the pics (http://www.kodakgallery.com/I.jsp?c...1e&x=0&y=gzpcua) ! ang ganda!!! hahaha, at mas mataba siya.... heheh, salamat sa info PLCMarketing! :)

PLCMarketing

May 26th, 2006, 05:11 AM

If you need any info on the Lancaster Suites Developments and the New Atrium Tower II just let us know... Regards, Beth :cheers:

PLCMarketing

May 26th, 2006, 06:01 AM

Pacific Concord Properties, Inc., announced a March Launch Date for the Flagship Lancaster Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila.

To be called Lancaster The Atrium Tower A [Lancaster Suites Manila Atrium Tower II which is the second 42-Storey Tower adjacent to the existing “Sold Out” Tower I] we are now accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 5 year interest free payment terms or 12 year "In-House" financing available, full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Condotel Investment Opportunity

Lancaster The Atrium, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale.

To be completed and ready for turnover from December 2009, the Lancaster Suites Manila Atrium Tower will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool.

Great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 16-18% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be finished but not fully furnished. Included in the current price are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, living and dining area tiled floorings and lower kitchen cabinets/work tops installed. A complete optional extra interior fit-out package including appliances will be available towards the time the units are closer to being completed towards the latter part of 2009. Monthly condo dues are currently around 60 pesos/square meter of the unit floor area/month..

Reserve [Studio Type] units now at Pesos 64,888 or $1,298.00 per sqm and are 12% Tax Exempt. The One Bedroom, Two and Three Bedroom Suites are currently priced at Pesos 72,674.56 or $1,453.76 per sqm including Government Taxes [R-Vat 12%]. Five Year No Interest Charge Terms of payment. Completion and Turnover of units for Tower II will be from 2009/2010. All payments will be made to the specific Lancaster Suites Manila Atrium Tower II Equitable PCI Bank Escrow Trust Account.

It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower II Atrium Units will be at least 70-80% on completion and 100% on turnover of units in 2009/2010

Make sure you reserve a Unit Now at the Current Price Offering and extended terms of payment and stand to earn at least 70-80% in Real Property Appreciation by completion of units in 2009/2010

With current Global Structural Steel and Reinforced Steel Bar Prices increasing some 50%, we anticipate a substantial 15-20% price increase effective May-June 2006

Executive Studio Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Studio Suites. Average Floor Area 28.19 square meters [305sqft] at $1,298.00/sqm. USD 36,590.62 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Curremt Special Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 601.51. Alternatively Save USD 2,165.43 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Discounted Payment of USD 8,661.75 and Balance payable without interest over 60 consecutive equal monthly payments of USD 421.06. Another option, Pay Cash and take a 20% discount [Save USD 7,318.12] on the unit price.... Pay 90% Now [USD 26,345.25] and the remaining 10% [USD 2,927.25] on unit Turnover end of 2009...

Executive Studio DeLuxe Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive DeLuxe Studio Suites. Average Floor Area 32.99 square meters [355sqft] at $1,298.00/sqm. USD 42,821.02 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Special Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 705.36. Alternatively Save USD 2,539.26 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 10,157.04 and Balance payable without interest over 60 consecutive equal monthly payments of USD 493.75. Another option, Pay Cash and take a 20% discount [Save USD 8,564.20] on unit price.... Pay 90% Now [USD 30,831.13] remaining 10% [USD 3,425.68] on unit Turnover end of 2009...

Tax Exempt Combined Studios As One Bedroom Suites Price May 1, 2006

Lancaster Suites Manila Tower II Combined Studio Suites As One Bedroom Suite Two Units Combined Studio Floor Area 58.00 square meters [625sqft] at $1,298.00/sqm. USD 75,284.00. These units are overlooking Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for Combined Studio Suite provides it may be purchased with a Reservation Fee USD 1,000.00 and Balance then Payable without interest in 60 consecutive equal monthly payments of USD 1,230.07. Alternatively Save USD 4,457.04 by making the Reservation, USD 1,000.00 then within 30 days a 30% Net Down Discounted Payment of USD 17,828.16 Balance payable without interest over 60 consecutive equal monthly payments of USD 866.65. Another option, Pay Cash, and take a full 20% discount on the Unit Price [Save USD 15,164.80]... Pay the 90% Now [USD 54,593.28] and remaining 10% [USD 6,065.92] on unit turnover from end of 2009....

One Bedroom Corner Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom Corner Suites. Average Floor Area 59.81 sqm [645sqft] at $1,453.76/sqm. USD 86,949.39 [Including Taxes] These units are all Corner Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of USD 1,440.83. Alternatively Save USD 5,186.96 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 20,747.85 Balance payable without interest over 60 consecutive equal monthly payments of USD 1,008.58. Another option, Pay Cash take a 20% discount [Save USD 17,389.87] on unit price. Pay 90% Now [USD 62,603.56] and remaining 10% [USD 6,955.95] on unit Turnover end of 2009

One Bedroom “Loft Type” Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom “Loft Type” Suites. Floor Area 50.69 sqm [560sqft] at $1,453.76/sqm. USD 73,691.09 [Including Taxes] These 2-Storey ‘Loft Type’ units are overlooking the Swimming Pool Deck. All units within Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom “Loft Type” Suite provides purchases with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of only USD 1,219.86. Alternatively Save USD 4,391.46 by making a Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 17,565.86 resulting Balance payable without interest over 60 consecutive equal monthly payments of USD 853.90. Another option, Pay Cash take 20% discount [Save USD 14,738.21] on unit price. Pay 90% Now [USD 53,057.58] and 10% [USD 5,895.29] on unit Turnover end of 2009

Two Bedroom “Loft Type” Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Two Bedroom Loft Type Suites. Average Floor Area 75.67 sqm [800 sqft] $1,453.76/sqm. USD 110,006.01 [Including Tax] These units are all 2-Storey “Loft-Type” Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for a Two Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 1,825.10. Alternatively Save USD 570.36 by making a Reservation USD 500.00 then within 30 days a 30% Net Down Payment of USD 26,281.44 and Balance payable without interest over 60 consecutive equal monthly payments of USD 1,277.57. Another option, Pay Cash and take a 20% discount [Save USD 22,001.20] on unit price. Pay 90% Now [USD 79,204.33] and 10% [USD 8,800.48] on Turnover from 2009

Three Bedroom Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Corner Suites. Floor Area 105.325 sqm [1,135 sqft] at $1,453.76/sqm. USD 153,117.27 [Including Taxes] These units are all “Corner Suites” either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Current Special Offer for the Three Bedroom Suites provides purchases can be made with only USD 500.00 Reservation Balance Payable without interest over 60 consecutive equal monthly payments USD 2,543.63. Alternatively Save USD 9,157.03 by making the Reservation, USD 500.00 then within 30 days 30% Net Discounted Down Payment USD 36,628.15 and Balance payable without interest over 60 consecutive equal monthly payments USD 1,780.53. Another option, Pay Cash and take a full 20% discount [Save USD 30,623.45] Pay 90% Now [USD 110,244.43] and 10% [USD 12,249.39] on unit Turnover end of 2009

Penthouse Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Penthouse Suites. Floor Area 133.96 sqm [1,445sqft] at $1,610.56/sqm. USD 215,750.62 [Including Taxes] These units are all 2-Storey Loft-Type “Corner Suites” either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. Current Special Offer for Penthouse Suites provide purchases with USD 500.00 Reservation and Balance Payable without interest over 60 consecutive equal monthly payments USD 3,587.51. Alternatively Save USD 12,915.03 by making the Reservation, USD 500.00 then within 30 days 30% Net Down Payment USD 51,660.15 and Balance payable without interest over 60 consecutive equal monthly payments USD 2,511.26. Another option, Pay Cash and take a 20% discount [Save USD 43,150.12] Pay 90% Now [USD155,340.45] and 10% [USD 17,260.05] on unit Turnover end of 2009

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status. Prices quoted are in US Dollars at current [fixed contract] exchange rate now Pesos 50.00/USD 1.00

All Lancaster Residential Suites Unit Features Include:

• Vitrified ceramic tiles in living, dining areas
• Ceramic tiles in kitchen and toilet and bath
• Toilets with mechanical ventilation
• Plastered cement with painted finishes
• Provisions for window type air-conditioners

Phase 1 Features and Amenities

• Telephone Operator
• Grand Lobby with reception counter
• 24-hour monitoring security
• Maintenance and Housekeeping services
• Automatic fire sprinkler system for all units
• Overhead water tank and underground cistern for ample water supply
• Back-up generator
• Laundromat services
• Driver’s Lounge and Toilet for selected levels
• Audio Visual Intercom System
• Closed Circuit Television
• Multi-level basement parking
• Swimming Pool
• Provision for PABX service
• Hotel Shuttle Service Available

Future Developments

• Free form swimming pool and lap lounge
• Elevated Badminton Court convertible to stage for al fresco events
• Landscaped gardens and birdbath
• Children’s playground
• Concessioned gym and spa with sauna
• Full service barber shop and Ladies Hair Salon
• Full Banquet service including restaurant outlets, Function and Ballroom

For a Copy of the Lancaster Suites Slide Show Presentation copy and paste the following URL directly into your Web Browser..

http://www.kodakgallery.com/I.jsp?c=thslvaa.507okf1e&x=0&y=gzpcua

For full details of the Lancaster Condotels please contact:

Beth Collingz
Director - PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites. 2/F JTIC Building
622 Shaw Boulevard Corner Samat St.,
Mandaluyong City. Metro Manila. Philippines 1552
Tel: [Manila 63 2] 717 1958 [Direct Line] Fax: [Manila 63 2] 718 1828

PLC International Marketing Networks
Pacific Concord Properties Inc - Branch Cebu
Lancaster Cebu Resort Residences
Lapu-Lapu City, Mactan. Cebu.
Tel: [Cebu 63 32] 340 0721 Fax: [Cebu 63 32] 495 4938
Email: plcsales@pldtdsl.net
Website: http://www.plcsales.coms.ph [Lancaster Manila]
Website: http://www.lancastercebu.coms.ph [Lancaster Cebu]

May 26, 2006

PLCMarketing

May 26th, 2006, 08:47 AM

I wonder if my friend Kenneth Yap is here...he is the owner of this project! Kudos to the great job you've done! Your tower is a success! When are you coming back to Manila! :)

Please be corrected ! .... Kenneth Yap is not the "Owner" of Pacific Concord Properties Inc., or the Lancaster Suites Developments ... he is not a Stockholder and has no position in the Company...

zxt

May 26th, 2006, 07:27 PM

I wonder who is Kenneth Yap then :)

PLCMarketing

May 27th, 2006, 03:07 AM

I wonder who is Kenneth Yap then :)

Kenneth is the Chairman of Primetown Properties, Inc.,

baphi

May 27th, 2006, 09:08 AM

PLCMarketing

May 27th, 2006, 09:58 AM

PLCMarketing

May 27th, 2006, 10:10 AM

is there any possibility of posting the pictures of studio or one bedroom model units here that is currently being seen at the construction site right now?I'm hearing of good comments about it.

By the way,welcome @ plc marketing glad you join the forum and hope you enjoy your stay,happy posting.

For a Copy of the Lancaster Suites [Manila Atrium Tower "A"] Slide Show Presentation copy and paste the following URL directly into your Web Browser..

http://www.kodakgallery.com/I.jsp?c...1e&x=0&y=gzpcua

For full details and current information regarding the Lancaster Condotels Tower I Suites & the New Lancaster Atrium Towers please contact:

Beth Collingz
Director - PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites. 2/F JTIC Building
622 Shaw Boulevard Corner Samat St.,
Mandaluyong City. Metro Manila. Philippines 1552
Tel: [Manila 63 2] 717 1958 [Direct Line] Fax: [Manila 63 2] 718 1828

PLC International Marketing Networks
Pacific Concord Properties Inc - Branch Cebu
Lancaster Cebu Resort Residences
Lapu-Lapu City, Mactan. Cebu.
Tel: [Cebu 63 32] 340 0721 Fax: [Cebu 63 32] 495 4938
Email: plcsales@pldtdsl.net

You can also check out the info at:

Website: http://www.plcsales.coms.ph [Lancaster Manila]
Website: http://www.lancastercebu.coms.ph [Lancaster Cebu]

:cheers:

PLCMarketing

May 28th, 2006, 07:37 AM

For Photos of Interior "Fit Out" Options for the Lancaster Suites developments, kindly copy and paste the following directly into your browser:

http://www.kodakgallery.com/I.jsp?c=thslvaa.5lxh2k1m&x=1&y=bn2x5k

:cheers:

PLCMarketing

May 28th, 2006, 07:43 AM

New Lancaster Condotels Website:

http://www.lancastersuites.com

PLCMarketing

May 28th, 2006, 12:41 PM

If anyone is interested to join the Marketing for Lancaster Suites - The Atrium Towers.... on a part-time referral basis and make some easy extra cash, please contact us for full information and details upon the referral commissions etc...

Beth

:cheers:

PLCMarketing

May 28th, 2006, 12:43 PM

If anyone is interested to join the Marketing for Lancaster Suites Tower I & our New Development Lancaster - The Atrium Towers.... on a part-time referral basis and make some easy extra cash, please contact us for full information and details upon the referral commissions etc...

Beth

:cheers:

sugarboy

May 29th, 2006, 02:54 AM

PLCMarketing

May 29th, 2006, 03:06 AM

how easy is easy @Beth? :colgate:

Real Easy! :) All you have to do is tell all your friends/colleagues and associates about the developments. Send us names and addresses for client registration purposes and we will forward them info/answer technical questions, discuss unit selections, prices and terms of payment... on a closed deal, you get the referral commission... :cheers:

sugarboy

May 29th, 2006, 03:10 AM

@Beth, mag-usap tayo one of these days :) @Mods, please feel free to flag us kung bawal na yung ginagawa namin dito. I know for a fact that advertising is not allowed in this forum.

PLCMarketing

May 29th, 2006, 03:24 AM

@Beth, mag-usap tayo one of these days :) @Mods, please feel free to flag us kung bawal na yung ginagawa namin dito. I know for a fact that advertising is not allowed in this forum.

Exchanging info on the development, which includes marketing info and technical specs is not advertising and I wouldn't think it is bawal under the context and within the thread of the specific development for the project. The mere fact that Lancaster Suites has several pages here is advertising anyway!... Afterall, everyone wants to know where they can get official info on the project rather than speculation and guesswork like the actual number of floors of the Lancaster Suites Tower I... LOL.... which is 5 Sub-Basements [Parking] Lower Ground, Upper Ground, Mezzanine, 42 Residential Floors with 2 Penthouse Floors & Machine Rooms... and of more concern some other threads here where Lancaster unit owners "dont know what's going on"

Anyway, just email us for any further detail viz marketing.... I respect the rules of the Forum as much as anyone else... :cheers:

sugarboy

May 29th, 2006, 03:29 AM

^^ don't get me wrong. i appreciate the info. i just want to make the moderators aware that we are in full knowledge of the fact that we are already toeing the line here. :)

PLCMarketing

May 29th, 2006, 03:40 AM

^^ don't get me wrong. i appreciate the info. i just want to make the moderators aware that we are in full knowledge of the fact that we are already toeing the line here. :)

:nocrook:

PLCMarketing

May 30th, 2006, 10:04 AM

For copies of the latest Construction Photo Updates for development of the Lancaster Suites Manila Tower I.... log onto:

http://www.kodakgallery.com/I.jsp?c=thslvaa.21oneasy&x=0&y=-ygotyg

:cheers:

_zner_

May 30th, 2006, 12:44 PM

hindi naman pala sya mukhang 200m+, parang 180m lang or less nung nakita ko kanina. :D

KiBeN

May 30th, 2006, 02:38 PM

sorry, ang dumi ng bintana eh...
http://img114.imageshack.us/img114/4097/dubaiandssc0970fc.jpg

http://img119.imageshack.us/img119/6058/dubaiandssc0988le.jpg

hay... kakapagod mag-lagay ng pics... :jk:

Ydlar

May 30th, 2006, 02:52 PM

^ Lancaster pala 'yon......?

_zner_

May 31st, 2006, 07:34 AM

kiben, talagang kinuhanan mo buong pics ng ortigas at mandaluyong ha?

balak ko rin sana kumuha ng pic ng lancaster suites kaya lang ang daming tao sa kabilang side ng MRT.. kakahiya. :lol:

KiBeN

May 31st, 2006, 07:38 AM

here we go again... hahahaha :jk: ongah eh, dami kong napuntahan, una sa Podium, tapos sa Mega, then umikot sa Otrigas, tapos pumunta ng Moa, tapos last stop sa Shangrila, hahaha :) kakapagod yung roadtrip, hahaha...

special thanks to Gerald for the treat and transpo!!! :D

_zner_

May 31st, 2006, 07:39 AM

^^ ayoko na mag reply.. OT tlga ako.. :D

KiBeN

May 31st, 2006, 07:42 AM

^^ ayoko na mag reply.. OT tlga ako.. :D
:rofl: ok, hahaha!
As I was saying about Lancaster... :blahblah: ok fine, hahaha, mas masaya magusap pag-off topic eh! :jk:

_zner_

May 31st, 2006, 10:21 AM

^^ gawa nalang tayo ng OFF TOPIC thread sa Samahan para hindi na tayo lagi off topic.. bwahehehehe.. :lol:

dudz

June 1st, 2006, 06:55 PM

another update. nadadalas ng updates ah! :D

they're not adding floors anymore...
http://i3.photobucket.com/albums/y91/imagesaver1206/mandaluyong/lancaster%20tower/IMG_9237_531.jpg

http://i3.photobucket.com/albums/y91/imagesaver1206/mandaluyong/lancaster%20tower/IMG_9239_531.jpg

http://i3.photobucket.com/albums/y91/imagesaver1206/mandaluyong/lancaster%20tower/IMG_8756_531.jpg

http://i3.photobucket.com/albums/y91/imagesaver1206/mandaluyong/lancaster%20tower/IMG_8744.jpg

_zner_

June 1st, 2006, 07:03 PM

kelan yung topping off?

nakakatakot yung hallowblocks, parang magcocollapse.. :lol:

dudz

June 1st, 2006, 07:12 PM

di ba matagal ng inanounce ang top-off nito. last year pa nga eh. nakapagtataka, they kept on adding floors until they reached this level.

KiBeN

June 5th, 2006, 08:16 AM

ang taas na, parang aabot pa ng 40 floors, hehehe

PLCMarketing

June 5th, 2006, 09:12 AM

Anyone know how to up load some of the Photos for the Lancaster Atrium from the Lancaster Suites Slide Show Presentation ?

http://www.kodakgallery.com/I.jsp?c...1e&x=0&y=gzpcua

:eek2:

praxinoe

June 5th, 2006, 10:42 AM

use photobucket.com to upload pics

PLCMarketing

June 5th, 2006, 05:45 PM

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide47.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide47.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide48.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide48.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide49.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide49.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide51.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide51.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide52.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide52.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide53.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide53.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide54.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide54.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide55.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide55.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide56.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide56.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide57.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide57.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide58.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide58.jpg)

http://i83.photobucket.com/albums/j309/PLCMarketing/th_Slide59.jpg (http://i83.photobucket.com/albums/j309/PLCMarketing/Slide59.jpg)

PLCMarketing

June 6th, 2006, 07:19 AM

Some of the pics posted here of the Lancaster Suites are just great ! Many thanks... Beth :cheers:

PLCMarketing

July 3rd, 2006, 05:12 AM

New Real Estate Forum at www.lancastersuites.com by PLC International Marketing Networks for all inquiries upon Condotel Investments in the Philippines

PLC International Marketing Networks is a Multinational Group of Realtors, Brokers, Associate Brokers, Agents and referral partners and is the Listing Marketing Partner of Pacific Concord Properties for The Lancaster Suites [Manila], Lancaster Suites [Manila] Atrium and Lancaster Cebu Resort Residences, Mactan, Cebu, Condo-Hotel Developments "Condotels" through its extensive Realtor and Associate Networks to Overseas Filipinos and Foreign Nationals wishing to own Real Estate in the Philippines. Affiliate PLC Global Filipino Agency Group

PLC International Marketing Networks handles the sale, marketing, financing and documentation for clients whom wish to purchase Full Service Condominiums in Metro Manila & Cebu by full representation in the United States & Canada, United Kingdom, Italy, Germany, Belgium, United Arab Emirates, Japan, Korea and Australia of the Lancaster Suites Manila & Lancaster Cebu Condotel developer, Pacific Concord Properties, Inc., Philippines

The Lancaster Suites Manila, a 42-Storey Condo-Hotel, located along Shaw Boulevard, Metro Manila is well under construction for completion and turnover of units late 2006/early 2007. Tower I of the development is 99% sold out. Sales for Lancaster Suites Atrium Tower II are now on going.

Also to be operated as a Condo-Hotel, Lancaster Cebu Resort Residences, Mactan, located 3 mins from Cebu International Airport is offering completed fitted, fully furnished, newly renovated Studios and Two Bedroom Condo units for sale on 5 year payment terms with rental income options through Condotel Management

PLC International Marketing Networks assists in application and processing for qualified Non-Filipinos to acquire & own Real Estate in the Philippines at Lancaster Cebu Resort Residences and Lancaster Suites Manila, through Special Philippine Retirement Visa and Philippine Investor Visa Programs allowing Foreign Nationals to own Condominiums and reside permanently in the Philippines. Services for overseas clients can be provided in Japanese, Korean and Mandarin

Please feel free to join our FORUM on www.lancastersuites.com and be a part of the Lancaster Network and get in on the Initial Offering for Condotel Investments and units in the Lancaster Suites Manila Atrium Tower II, Shaw Boulevard, Metro Manila ... the Hottest Investment Option now available in Manila !

Kind regards
Beth Collingz

Director - PLC International Marketing Networks
Pacific Concord Properties Inc - Head Office Manila
Lancaster Suites. 2/F JTIC Building
622 Shaw Boulevard Corner Samat St.,
Mandaluyong City. Metro Manila. Philippines 1552
Tel: [Manila 63 2] 717 1958 [Direct Line]
Fax: [Manila 63 2] 718 1828

PLC International Marketing Networks
Pacific Concord Properties Inc - Branch Office Cebu
Lancaster Cebu Resort Residences
Lapu-Lapu City, Mactan. Cebu.
Tel: [Cebu 63 32] 340 0721
Fax: [Cebu 63 32] 495 4938
Email: plcsales@pldtdsl.net
Website: http://www.lancastersuites.com [Lancaster Forum]

PLCMarketing

July 3rd, 2006, 05:15 AM

thomasian

July 6th, 2006, 03:43 AM

They're starting to paint it peach (peach ba talaga yung nakikita ko, di ako magaling sa colors eh?)

07.01.06

http://i20.photobucket.com/albums/b210/ofngol/Lancaster-Suites_070106_001x.jpg

http://i20.photobucket.com/albums/b210/ofngol/Lancaster-Suites2_070106_001x.jpg

Edmundtanso

July 6th, 2006, 05:51 AM

skinny and tall! thanks for the update thomasian..

bustero

July 6th, 2006, 08:48 AM

See this everyday outside our window. Am not sure how to describe it's color. I hope it's not peach, i have to stare at it everyday and there are three of them!

marites4

July 6th, 2006, 08:52 AM

it looks pastel pink.

bustero

July 6th, 2006, 08:57 AM

^^isa pa iyan , naku

c0kelitr0

July 7th, 2006, 04:33 AM

Construction Update

July 6, 2006

http://i55.photobucket.com/albums/g138/jafhoy3/100_1073.jpg

PLCMarketing

July 7th, 2006, 12:35 PM

See this everyday outside our window. Am not sure how to describe it's color. I hope it's not peach, i have to stare at it everyday and there are three of them!

It's not paint but synthetic resin coated polymer and Pinkish in color and only for the Podium and some accent pieces. The main color is the light grey as can be seen on the cladding to the Shaw Boulevard side of the building.... :cheers:

KiBeN

July 17th, 2006, 12:02 PM

http://img91.imageshack.us/img91/6842/dsc08069aa4.jpg

PLCMarketing

July 17th, 2006, 03:11 PM

These photos are great..... does anyone have any clear shots of the Lancaster Suites Tower I .... taken recently?

:cheers:

tyronne

July 17th, 2006, 08:47 PM

is this going to be taller than GA Tower? thanks.

PLCMarketing

July 17th, 2006, 08:56 PM

is this going to be taller than GA Tower? thanks.

The Lancaster Suites Tower I is 42 floors and stands at about 165 meters more or less..... :cheers:

Dvorak

July 18th, 2006, 05:04 AM

I think GA Tower with its arc is taller.. we've made some calculations of this before and it's buried in one of the GA tower threads.. hmm let me see..

ground floor = 10 meters
mezzanine + 2nd floor = 6 meters
each floor = 6 meters
3 to 30th (without 13th) = 27 x 6 = 162 meters
roofdeck to arch = approx 12 meters
Total = +/- 196 meters

The Lancaster Suites Tower I is 42 floors and stands at about 165 meters more or less..... :cheers:

thomasian

July 18th, 2006, 06:11 AM

These photos are great..... does anyone have any clear shots of the Lancaster Suites Tower I .... taken recently?

:cheers:

Haha, lahat kasi ng recent pics nito kung hindi PDA Cam o Cellphone Cam (yung sakin at kay Kiben), eh malayo naman (Fhoy). :D

_zner_

July 18th, 2006, 09:13 AM

madalas ko tong matanaw sa building namin.. siguro mga 160-170m yung height nito.. :D

gmb

July 20th, 2006, 05:36 PM

Nakaka-excite naman ang 1st tower... kakainis ang tagal pa ng 2nd tower. Marami na kayang buyers ang 2nd tower?

baphi

July 21st, 2006, 02:31 AM

Nakaka-excite naman ang 1st tower... kakainis ang tagal pa ng 2nd tower. Marami na kayang buyers ang 2nd tower?

Becoming more exciting really because I had a chance to visit the show room and their ofice and I heared from them , they are upgrading the projects to compete with Shangrila Hotel so theres the reason kaya the price is changing.Its really great to see our country moving forward ,very very different from my last visit. :)

PLCMarketing

July 21st, 2006, 04:23 AM

Becoming more exciting really because I had a chance to visit the show room and their ofice and I heared from them , they are upgrading the projects to compete with Shangrila Hotel so theres the reason kaya the price is changing.Its really great to see our country moving forward ,very very different from my last visit. :)

Pacific Concord Properties for their Lancaster Condotels are hiring the same interior designers that did the Shangri-La Hotels, La Joya etc.... very expensive but top of the line interiors will be put in place.... a BIG BONUS for the buyers of Tower 1 ! .... :cheers:

PLCMarketing

July 21st, 2006, 04:33 AM

Nakaka-excite naman ang 1st tower... kakainis ang tagal pa ng 2nd tower. Marami na kayang buyers ang 2nd tower?

Pacific Concord Properties, Inc., recently announced the Launch for the Flagship Lancaster Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, one of the hottest Condotel Investments in the Philippines

To be called Lancaster Suites Manila Atrium Tower II [which is the second Tower adjacent to the existing “Sold Out” Tower I] we are now accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 5 year interest free payment terms or 12 year "In-House" financing available, full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Condotel Investment Opportunity

Lancaster Manila Atrium Tower II, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale.

To be completed and ready for turnover from December 2009, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool.

Great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 16-18% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be finished but not fully furnished. Included in the current price are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, living and dining area tiled floorings and lower kitchen cabinets/work tops installed. A complete optional extra interior fit-out package including appliances will be available towards the time the units are closer to being completed towards the latter part of 2009. Monthly condo dues are currently around 60 pesos/square meter of the unit floor area/month..

Reserve [Studio Type] units now at Pesos 64,888 or $1,298.00 per sqm and are 12% Tax Exempt. The One Bedroom, Two and Three Bedroom Suites are currently priced at Pesos 72,674.56 or $1,453.76 per sqm including Government Taxes [R-Vat 12%]. Five Year No Interest Charge Terms of payment. Completion and Turnover of units for Tower II will be from 2009/2010. All payments will be made to the specific Lancaster Suites Manila Atrium Tower II Equitable PCI Bank Escrow Trust Account.

It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower II Atrium Units will be at least 70-80% on completion and 100% on turnover of units in 2009/2010

Make sure you reserve a Unit Now at the Current Price Offering and extended terms of payment and stand to earn at least 70-80% in Real Property Appreciation by completion of units in 2009/2010

With current Global Structural Steel and Reinforced Steel Bar Prices increasing some 50%, we anticipate a substantial 15-20% price increase effective May-June 2006

Executive Studio Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Studio Suites. Average Floor Area 29.62 square meters [320sqft] at $1,298.00/sqm. USD 38,446.76 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 632.45. Alternatively Save USD 2,276.80 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Discounted Payment of USD 9,107.23 and Balance payable without interest over 60 consecutive equal monthly payments of USD 442.71. Another option, Pay Cash and take a full 20% discount [Save USD 7,689.35] on unit price.... Pay 90% Now [USD 27,681.67] and the remaining 10% [USD 3,075.74] on unit turnover from December 2009...

Executive Studio DeLuxe Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive DeLuxe Studio Suites. Average Floor Area 32.96 square meters [355sqft] at $1,298.00/sqm. USD 42,782.08 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 704.70. Alternatively Save USD 2,536.92 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 10,147.70 and Balance payable without interest over 60 consecutive equal monthly payments of USD 493.30. Another option, Pay Cash and take a 20% discount [Save USD 8,556.41] on unit price.... Pay 90% Now [USD 30,803.09] remaining 10% [USD 3,422.57] on unit Turnover from December 2009

Tax Exempt Combined Studio Units ….As One Bedroom Suites

Lancaster Suites Manila Tower II Combined Studio Suites As One Bedroom Suite Two Units Combined Studio Floor Area 59.24 square meters [638sqft] at $1,298.00/sqm. USD 76,893.52. These units are overlooking Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for Combined Studio Suite provides it may be purchased with a Reservation Fee USD 1,000.00 and Balance then Payable without interest in 60 consecutive equal monthly payments of USD 1,273.23. Alternatively Save USD 4,553.61 by making the Reservation, USD 1,000.00 then within 30 days a 30% Net Down Discounted Payment of USD 18,214.44 Balance payable without interest over 60 consecutive equal monthly payments of USD 885.42. Another option, Pay Cash, and take a full 20% discount on the Unit Price [Save USD 15,378.70]... Pay the 90% Now [USD 55,363.33] and remaining 10% [USD 6,151.48] on unit Turnover from December 2009

One Bedroom Corner Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom Corner Suites. Average Floor Area 59.81 sqm [645sqft] at $1,453.76/sqm. USD 86,949.39 [Including Taxes] These units are all Corner Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of USD 1,440.83. Alternatively Save USD 5,186.96 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 20,747.85 Balance payable without interest over 60 consecutive equal monthly payments of USD 1,008.58. Another option, Pay Cash take a 20% discount [Save USD 17,389.87] on unit price. Pay 90% Now [USD 62,603.56] and remaining 10% [USD 6,955.95] on unit Turnover from December 2009

One Bedroom "Loft Type" Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom "Loft Type" Suites. Floor Area 50.06 sqm [540sqft] at $1,453.76/sqm. USD 72,275.23 [Including Taxes] These 2-Storey ‘Loft Type’ units are overlooking the Swimming Pool Deck. All units within Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom "Loft Type" Suite provides purchases with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of only USD 1,196.25. Alternatively Save USD 4,306.51 by making a Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 17,226.06 resulting Balance payable without interest over 60 consecutive equal monthly payments of USD 837.38. Another option, Pay Cash take 20% discount [Save USD 14,455.04] on unit price. Pay 90% Now [USD 52,038.16] and 10% [USD 5,782.02] on unit Turnover from December 2009

Two Bedroom “Loft Type” Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Two Bedroom Loft Type Suites. Average Floor Area 75.69 sqm [815 sqft] $1,453.76/sqm. USD 110,035.09 [Including Tax] These units are all 2-Storey "Loft-Type" Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for a Two Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 1,825.58. Alternatively Save USD 6,572.10 by making a Reservation USD 500.00 then within 30 days a 30% Net Down Payment of USD 26,288.42 and Balance payable without interest over 60 consecutive equal monthly payments of USD 1,277.91. Another option, Pay Cash and take a full 20% discount [Save USD 22,007.02] on the unit price. Pay 90% Now [USD 79,225.27] and 10% [USD 8,802.80] on Turnover from December 2009

Three Bedroom "Loft-Type Corner Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Corner Suites. Floor Area 104.27 sqm [1,122 sqft] at $1,453.76/sqm. USD 151,583.56 [Including Taxes] These units are all "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Current Special Offer for the Three Bedroom Suites provides purchases can be made with only USD 500.00 Reservation Balance Payable without interest over 60 consecutive equal monthly payments USD 2,518.06. Alternatively Save USD 9,065.01 by making the Reservation, USD 500.00 then within 30 days 30% Net Discounted Down Payment USD 36,260.05 and Balance payable without interest over 60 consecutive equal monthly payments USD 1,762.64. Another option, Pay Cash and take a full 20% discount [Save USD 30,316.71] Pay 90% Now [USD 109,140.16] and 10% [USD 12,126.69] on unit Turnover from December 2009

Three Bedroom Penthouse Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Penthouse Suites. Floor Area 133.96 sqm [1,445sqft] at $1,610.56/sqm. USD 215,750.62 [Including Taxes] These units are all 2-Storey Loft-Type "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. Current Special Offer for Penthouse Suites provide purchases with USD 500.00 Reservation and Balance Payable without interest over 60 consecutive equal monthly payments USD 3,587.51. Alternatively Save USD 12,915.03 by making the Reservation, USD 500.00 then within 30 days 30% Net Down Payment USD 51,660.15 and Balance payable without interest over 60 consecutive equal monthly payments USD 2,511.26. Another option, Pay Cash and take a full 20% discount [Save USD 43,150.12] Pay 90% Now [USD155,340.45] and 10% [USD 17,260.05] on unit Turnover from December 2009

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status. Prices quoted are in US Dollars at current [fixed contract] exchange rate now Pesos 50.00/USD 1.00

All Lancaster Residential Suites Unit Features Include:

• Vitrified ceramic tiles in living, dining areas
• Ceramic tiles in kitchen and toilet and bath
• Toilets with mechanical ventilation
• Plastered cement with painted finishes
• Provisions for Split-Type air-conditioners

For a Copy of the Lancaster Suites Slide Show Presentation kindly copy and paste the following URL into your Web Browser

http://www.kodakgallery.com/I.jsp?c=thslvaa.507okf1e&x=0&y=gzpcua

For Full Details of Lancaster Condotels please contact:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958 Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721 Fax: [6332] 495 4938
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com

gmb

July 21st, 2006, 04:54 PM

Thanks baphi & PLC... kelan ba talaga uumpisahan ang 2nd tower?

PLCMarketing

July 21st, 2006, 06:11 PM

Thanks baphi & PLC... kelan ba talaga uumpisahan ang 2nd tower?

Actually, all the excavations, foundation works, sub basements, 5-level parking basements, lower ground floor etc and all retaining walls etc have already been completed for Tower II. [Lancaster Atrium].

Construction of the Superstructure is scheduled to commence by March or April 2007.... :cheers:

PLCMarketing

July 21st, 2006, 07:12 PM

KiBeN

July 24th, 2006, 06:33 AM

http://img215.imageshack.us/img215/2860/dsc08098in6.jpg

gmb

July 24th, 2006, 05:50 PM

Wow... thanks for the pic & I hope the first tower will be finished this year so that they can start the 2nd tower. Are they going to build the 2nd & 3rd tower at the same time?

PLCMarketing

July 24th, 2006, 09:41 PM

Wow... thanks for the pic & I hope the first tower will be finished this year so that they can start the 2nd tower. Are they going to build the 2nd & 3rd tower at the same time?

Construction of Tower II [Lancaster Atrium Tower "A"] has already been commenced. The excavations, retaining walls, foundations, 5-Levels of basement Parking and Lower Ground Floors of building II and part of Tower III have already been completed.... The superstructure works for Tower II will continue in March/April next year and Tower III which will be a part of Tower II will continue more or less simultaneously with Tower II..... :cheers:

mhico12

July 26th, 2006, 02:11 AM

anyone can give me details bout this project?

PLCMarketing

July 26th, 2006, 09:37 AM

anyone can give me details bout this project?

anyone can give me details bout this project?

Hi !

Please feel free to contact us for all info regarding the Lancaster Suites and Lancaster Atrium Condotel developments.....

If you email us I'll send you all the info.....

Looking forward to hearing from you.....

Regards
Beth

PLC International Marketing Networks
Pacific Concord Properties, Inc.,
Lancaster Suites. Shaw Boulevard
Metro Manila. Philippines 1552
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Condotel Forum]

gmb

July 26th, 2006, 06:21 PM

PLC... thanks for the info. !!!

bustero

July 27th, 2006, 04:28 AM

Construction of Tower II [Lancaster Atrium Tower "A"] has already been commenced. The excavations, retaining walls, foundations, 5-Levels of basement Parking and Lower Ground Floors of building II and part of Tower III have already been completed.... The superstructure works for Tower II will continue in March/April next year and Tower III which will be a part of Tower II will continue more or less simultaneously with Tower II..... :cheers:
Congratulations, for a while I thought it was moving slowly, glad to see it has basically sold out enough to commence the towers already.

PLCMarketing

July 27th, 2006, 05:31 AM

Congratulations, for a while I thought it was moving slowly, glad to see it has basically sold out enough to commence the towers already.

Absolutely No Problem with Sales ! .... Really Easy to sell Lancaster.... :cheers:

PLC International Marketing Networks
Pacific Concord Properties Inc
Shaw Boulevard, Metro Manila
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Condotel Forum]

PLCMarketing

July 30th, 2006, 06:36 AM

PLC... thanks for the info. !!!

Anytime! :cheers:

PLC International Marketing Networks
Pacific Concord Properties Inc
Shaw Boulevard, Metro Manila
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Condotel Forum]

PLCMarketing

August 3rd, 2006, 01:44 PM

Does anyone have any new photos of the development as of this week ?

:scouserd:

PLCMarketing

August 7th, 2006, 01:04 AM

anyone can give me details bout this project?

Hi Mhico !

Did you get all the info I sent you by email regarding the Lancaster ?

Regards
Beth

PLC International Marketing Networks
Pacific Concord Properties, Inc.,
Lancaster Suites. Shaw Boulevard
Metro Manila. Philippines 1552
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Condotel Forum]

PLCMarketing

August 13th, 2006, 02:41 PM

Can anyone share latest photos of Lancaster Shaw Boulevard ?

:cheers:

PLCMarketing

August 15th, 2006, 12:38 AM

Since you are close to the property what would you think is better from an investment point of view, this project or the Soho Central which I think is around the corner.....

Historical figures will show that Lancaster is the better investment. Considering both projects were launched around the same time, Lancaster has to be well ahead on Real Estate Appreciation :cheers: Lancaster is definitely ahead on completion status :cheers: and Lancaster will be well ahead on expected operations for the Condotel meaning rental income for the unit owners whom join the rental pool :cheers: Lancaster Tower I is "Sold Out" with very few resale units available :cheers: and Lancaster Atrium Tower II for "Pre-Construction Investors" is already 40% "Sold" in a couple of months :scouserd:

c0kelitr0

August 20th, 2006, 10:40 AM

Construction Update

August 16, 2006

http://i55.photobucket.com/albums/g138/jafhoy3/100_1198-1.jpg

PLCMarketing

August 21st, 2006, 08:13 AM

Nice Photo :cheers:

PLCMarketing

September 3rd, 2006, 02:31 PM

Condotel Investments in the Philippines are Better For Investors Than Condotels in the United States

Condotel Investments: Not Always a Smart Idea in the United States !

Even with record room rates, owning your piece of the condo-hotel business in the United States might not be so profitable, experts are saying. Yet thousands of investors have yet to figure that out. Economic indications show a trending towards recession in the United States real estate industry with lower demand, higher interest rates and falling property prices. Take Out from the equation recent yearly average appreciation of real estate in the short-mid term. Any US investment at this time is now viewed as long term.

American Real Estate Investors are buying Studio Suites in Florida ranging in price from $500,000 each at a South Beach condo hotel. In other areas prices are even significantly higher. But will that be enough to cover the investment?

Only time will tell whether it was wise to purchase a Condotel Suite in the United States for this kind of entry level price, with optimism about profits from condotel operations -- where buyers rent their units for a share of the rental revenue. Analysing the current market prices and trend in interest and occupancy rates, we think there's going to be a lot of disappointed buyers of Condotels in the United States.

Condo-hotel buyers in the United States shouldn't think revenue from the units they buy will cover a Florida mortgage, particularly with current prices. A new study goes further and predicts most South Florida real estate projects of this nature won't even cover maintenance fees, property taxes or other costs.

In a recent report, issued by the National Association of Condo Hotel Owners (NACHO), it projects returns for typical condo-hotel units in Fort Lauderdale, Miami, Miami Beach and Coral Gables. Assuming owners keep 35-40 percent of the rent (the standard share) they would pay between $500-15,000 a year to cover expenses. That assumes they paid cash for their units, too. There's the small matter of Florida home mortgage payments and interest fees, which would be extra. On top of insurance, Florida mortgage payments and property taxes, and a flood of new luxury hotels, will keep rates too low to make the units profitable. In fact, the study cites the small hotel market of Coral Gables as the lone location where condo-hotel buyers could expect returns (of a modest 1-2 percent) on their units.

Condotel Investments: A Smart Idea in the Philippines !

Owning your piece of the condo-hotel business in the Philippines will be more profitable than the same investment dollar for dollar in the United States. It's amazing that thousands of US property investors have yet to figure that out.

Offshore Property Investors are buying Studio Suites in Metro Manila and Cebu, Philippines ranging in price from $36,000 each. At these entry levels, this will be more than enough to cover the investment. Only time will tell whether it was wise to purchase a Condotel Suite for this kind of entry level price, however simple mathmatics and common sense dictates in the positive with increased optimism about profits from condotel operations -- where buyers rent their units for a share of the rental revenue. Hotels in Metro Manila operate on an average high 80's% occupancy rate with Cebu even higher pushing into the 90's% occupancy.

Analysing the current Philippine market prices and trend in the Countries interest and occupancy rates, we think there's going to be a lot of very happy investors and buyers of Condotels in the Philippines.

Condo-hotel buyers in the Philippines dont even have to worry about interest rates because developers offer short term payment plans over 2-5 years at zero interest so buyers can immeadiately think revenue from the units they buy because they dont have to worry about computing income to cover the interest portion on a developers interest free payment plan. The savings on interest payments are more than enough to cover maintenance fees, property taxes or other costs.

Returns for typical condo-hotel units in Metro Manila & Cebu, Philippines are much higher because owners keep 60 percent of the rent. With current market prices for Hotel Accomodation, assuming they paid cash for their units, rental ROI's could go as high 16%-18% per Annum and better yet, as most hotel clients pay their bills using major US Credit Cards, the overseas investors are going to receive their rentals in US Dollars avoiding any concerns over fluctuating exchange rates !

Moreover, because the entry level is 90% less per Studio Suite in the Philippines, the risk factor is greatly deminished. Moreover, real estate appreciation is running 25% per annum on pre-construction purchases and around 15% per annum on completed units..... combine this with possible Tax benefits for US Offshore Investors and the Philippines has to be a "Win-Win" opportunity....

For the price of garage in the US nothing to loose and everything to GAIN ??

Guessing on Revenue from Condotels in the United States

Would-be buyers of condo-hotel projects in the United States are largely left to guess at the revenue their units will generate because Federal security law bars real estate developers from passing on the projected hotel guest rate to condo-hotel buyers. Real estate agents in the US can lose their licenses if they talk to you about how much income you're going to generate, as a matter of fact. With US hotels unable to provide their rate projections, staffers often urge buyers to do their own research on nearby hotels. But that's not exactly easy, as virtually no hotels release year-end financial data, and rates quoted at the front desk fluctuate day to day.

Solid Information and Revenue Data from Condotels in the Philippines

Buyers of condo-hotel projects in the Philippines are not left to guess at the revenue their units will generate because there are NO Federal security law that bars real estate developers from passing on the projected hotel guest rate to condo-hotel buyers. Real estate agents in the Philippines can't lose their licenses if they talk to you about how much income you're going to generate, as a matter of fact. Philippine hotels are readily able to provide their rate projections. This enables the Condotel unit investor all the information he needs to calculate the rental returns and ROI on his investments making the purchase practically risk free....

Condotel Investments in the Philippines

Condotel Developments are now available in the Philippines through Pacific Concord Properties Inc's Lancaster Suites Manila and Lancaster Cebu projects

A Condominium Hotel or "Condotel" combines the convenience of a residential condo with the amenities of a hotel. It is not an ordinary Condo Building. It is specifically designed architecturaly, as a Hotel first and foremost with Hotel Style Suites which are normally larger than regular residential units. A Condotel normally has more amenities, facilities and services not found in condominiums.

Condotels are completely different from Residential Condominiums where unit owners can act as a landlord and rent their units privately or have someone rent their units for them.

Rental Income from a Condotel Unit is normally 30-40% higher that a regular rental because the Hotel concept offers the option of daily, weekly, monthly leases which ordinary private condo unit owners would not normally entertain.

Unit owners in a "Condotel" may opt to join the rental pool where he signs with a professional hotel management team who will convert the project into a world class hotel / serviced apartment. A serviced apartment is run just like a hotel but guests usually stay on a long term basis. For the tenant, this means savings since he is not charged a daily rate nor does he have to put up a security deposit like in a regular apartment.

Aside from real estate appreciation, unit owners receive a steady monthly income based on the size of their unit regardless of whether said unit was leased or not. This is because the hotel management will pool together the total income of the entire hotel and distribute this to unit owners net of any expense. This makes the investment cost efficient and practically risk free.

Unit owners in the rental pool enjoy totally hassle-free CONDOTEL management. They need not worry about unpaid electricity bills, unpaid rent, and other problems so common in conventional leasing. All concerns, down to the payment of electricity bills and utilities are taken cared of by the professional hotel management operator.

Condotel Suites can be purchased as vacation homes to buyers whom would probably only occupy the units no more than one month per year. In normal circumstances the unit owner pays the maintenance and upkeep of the unit for the entire year without deriving any benefit. However in a Condominium Hotel, during the time they do not occupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making the ownership of a unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit, with all the services provided, by day, week or month. Because of the additional superior features and services provided by the hotel, Condotel Suites are normally valued 15 to 20 % higher than same size residential units without added hotel features and amenities....

In the Philippines, an example of this new breed of investment is the Lancaster Suites now under completion located along Shaw Boulevard, Metro Manila where unit owners can sit back, relax, and wait for their monthly rental income from anywhere around the world.

Since Lancaster Suites is a full service Condotel, unit owners also enjoy full hotel services such as 24-hour telephone operator service, a local PABX telephone line in each unit (no need to apply for your own landline), 24 hour House Keeping service, Laundry pickup service on demand, even as a resident.

Pacific Concord Properties’ President & CEO, Mr. Ronald Lim is the author of the professionalized Condotel Concept in the Philippines wherein unit owners in the rental pool get equal rental income per square meter; per month. Fairness is assured since all Lancaster Suites unit owners enrolled in the rental pool earn equal rental income based per square meter. All unit owners will earn the same amount per square meter regardless of actual unit usage. This makes the Lancaster Suites a profitable, transparent and fair investment especially for foreigners and overseas based Filipinos.

At Lancaster Suites, there is no property Management Fee.

The Lancaster Suites [Manila] is designed and conceptualized as a private residential Condominium Hotel ["Condotel"] or a fully serviced private residential condominium building with all facilities of a Hotel, Room Service, 24 Hour Security Guards and Reception, PABX Telephone Operators, High Speed Internet & Cable TV etc………… even an integrated Mini Mall ...

The units in the building are all privately owned by the respective buyers. The unit owner has the "option" of enrolling his or her unit in the Lancaster Suites "Condotel" Rental Pool. The building and the rental pool will be managed and operated by Lancaster Hotels & Resorts which is a affiliate company of the Owner/developer Pacific Concord Properties, Inc., If the unit owner opts to enroll a unit in the "Rental Pool" there are no upfront or any kind of "Management Fees" payable whatsoever. The unit owner merely has to enroll the unit for a yearly period, however they may still use the unit for 1 month within the calendar year with notice….

The Lancaster Suites will operate as a Private Hotel and will source clientele from Travel Agencies, Advertising, Local Chambers of Commerce, Business Establishments and other prominent organizations in the Ortigas Center area etc as would any other Hotel in Manila…….

The Lancaster rental pool will operate on a "Co-operative" basis. Example: There are 50 units enrolled in the pool with a total floor area of 1,500 square meters. The Hotel room operations derive a monthly rooms rental income of 2,640,000.00 pesos on 80% occupancy for the calendar month. The unit owners will receive a 60% share of the net proceeds as share of the rentals. This however will be paid as a "Dividend" based upon the total floor area of the rental pool. Example: Proceeds in Pesos 2,640,000.00 x 60% = 1,584,000.00 divided by the total floor area of the rental pool units [1,500 sqm] = 1,056 pesos per square meter which will be paid as the monthly rental dividend. Hence, if you owned a Studio Unit in the rental pool, you share of the proceeds for the month would be your floor area, example 30 square meters, multiplied by the dividend of 1,056 pesos. Ergo: your rental income would be 31,680.00 pesos monthly. This is pro-rated whether you own a Studio, 2 Bedroom or Penthouse Suite or an annual gross ROI through rental income of some 18% [16% net] on todays cash purchase price of a condotel suite.

Moreover, because this is "Cooperative" basis, even if your unit was not actually used during the month you still get a share of rental proceeds because of the pro-rated pool sharing system of dividends…

There are in all Condominiums the "Monthly Condominium Dues" payable to cover such recurring expenses as the maintenance of the common areas, security guards etc….. however, in a Condotel, building maintenance and operations is subsidized by the additional revenues a condotel provides the building management

The Lancaster Suites is Full Property Ownership - Not Time Sharing

Most real estate "Agents" would seem to have a totally incorrect about Condominium Ownership in the Philippines that a Condo Unit can be only be owned for 50 years. This idea wherever it came from is total bull. The property held by Pacific Concord Properties, Inc., for the Lancaster Developments is a "Freehold" property. It is free from all loans, mortgages and any other encumbrances. The property is not leased. The land where Lancaster Suites [Manila] is located is fully owned. It is covered by a Land Certificate of Title reproduced in the corresponding owners Transfer Certificate of Title [TCT]. This applies to all Condominiums in the Philippines registered under the Condominium Act [Republic Act 4726]……………

Lancaster Suites [Manila] is fully owned and titles issued and transferred into the name of the Condominium Corporation in accordance with the Condominium Law. The Lancaster Manila Condominium Associations are incorporated and registered with the Housing & Land Use Regulatory Board ….

Each individual unit [as well as all the "Common Areas"] in the building are covered by, and owners will be issued a full Condominium Certificate of Title [CCT] representing their ownership in fee simple of the Condominium Unit.

There is no "time limit" as to ownership of the Lancaster Condominium Units. This [Lancaster] is not a "time sharing" Condominium. However, where the "50 Year Term" is applicable is the charter of Corporations under the Corporation Code. This has nothing to do with ownership of a Condominium Unit per see. However, you must fully understand the mechanics of a Condominium Corporation, that owns and holds freehold titles to the land, of which the unit owners are automatically stockholders and members and the rights and privileges of owning a Condominium Unit covered by Condominium Certificates of Title representing ownership in fee simple of the unit.

As with any Corporation, the Lancaster Suites Manila Condominium Associations will have stockholders and members. The Stockholders and Members will comprise of each and every holder of a Condominium Certificate of Title [CCT] of a unit in the building. This is where the 60% - 40% ownership rule by Filipinos/Non-Filipinos derives and is applicable as it is the Condominium Association that owns the Land and holds "Freehold" title thereto. Each holder of a CCT is automatically a stockholder and member of the Association and has all rights and privileges as a stockholder of any corporation. He has the right to vote [according to the number of units he owns] and he is also entitled to pro-rated share of the assets of the Corporation upon it’s dissolution which can only be done by a majority 2/3rds vote. In this case the "assets" of the Corporation are Freehold Land Titles together with Titles to the "Common Areas" of the building.

Now here’s where the 50 year thing comes from…… A corporation under Philippine Law has for it’s Charter the existence in Law for a period of 50 Years. At the end of the 50 years, the then Stockholders of the Corporation [which are all CCT holding unit owners] may vote to renew the Corporate Charter for another 50 years…. Or vote to dissolve the Corporation in which case the "Assets" of the Corporation may be sold and proceeds equally divided among the stockholders on a pro-rated basis. This means that a unit owner in a building of let’s say 300 units assuming he owns one unit would get a 1/300th share of the proceeds of any sale of the assets….

For anyone interested in Condotel Investments at the Lancaster Suites, the Current Prices & Available Condotel Units are as follows...

Lancaster Suites Tower I is "SOLD OUT"

The Current selling price for basic Lancaster Suites Manila Atrium Units [Studio Type] is Pesos 64,888 or $1,298 per sqm and are 12% Tax Exempt. The One Bedroom, Two and Three Bedroom Suites will be priced at Pesos 72,675 or $1,454 per sqm including Government Taxes [R-Vat 12%].

A Fully Furnished "Ready-to-Occupy" Condotel Suite comes at an additional $336 or Pesos 16,800 per sqm. Condotel Units at Lancaster with this option applied, are fully fitted and fully furnished. Standard finishes include wooden floors for the living and sleeping areas, ceramic tiles for the kitchen and bathroom floors, painted plastered cement for the walls and painted plyboard for ceilings. Furniture’s and Fixtures for a Studio Condotel Suite will include a 3-seater sofa, lamps, either a queen size or 2 single beds, complete Kitchen cabinet system with counter and bar stools. All bathrooms will have full bathtubs, toilet, and bathroom sink and bathroom fixtures. Studio units will come equipped with a 21" color TV set, 2HP split-type Air Conditioning, 2.7 cu ft ref, water heater, Stove, a Microwave Oven, a Toaster Oven and a Rice Cooker. The unit will also include all bedroom linens, bathroom and kitchen towels, kitchen utensils as well as all china and glassware. Larger units will also come with similar basic equipment but adjusted to the size of the unit.

All payments will be made to the specific Lancaster Suites Manila Atrium Tower II Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower II Atrium Units will be at least 70-80% on completion and turnover of units from December 2009/2010

Executive Studio Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Studio Suites. Average Floor Area 29.62 square meters [320sqft] at $1,298.00/sqm. USD 38,446.76 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 632.45. Alternatively Save USD 2,276.80 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Discounted Payment of USD 9,107.23 and Balance payable without interest over 60 consecutive equal monthly payments of USD 442.71. Another option, Pay Cash and take a full 20% discount [Save USD 7,689.35] on unit price.... Pay 90% Now [USD 27,681.67] and the remaining 10% [USD 3,075.74] on unit turnover from December 2009...

Executive Studio DeLuxe Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive DeLuxe Studio Suites. Average Floor Area 32.96 square meters [355sqft] at $1,298.00/sqm. USD 42,782.08 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 704.70. Alternatively Save USD 2,536.92 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 10,147.70 and Balance payable without interest over 60 consecutive equal monthly payments of USD 493.30. Another option, Pay Cash and take a 20% discount [Save USD 8,556.41] on unit price.... Pay 90% Now [USD 30,803.09] remaining 10% [USD 3,422.57] on unit Turnover from December 2009

Tax Exempt Combined Studio Units ….As One Bedroom Suites

Lancaster Suites Manila Tower II Combined Studio Suites As One Bedroom Suite Two Units Combined Studio Floor Area 59.24 square meters [638sqft] at $1,298.00/sqm. USD 76,893.52. These units are overlooking Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for Combined Studio Suite provides it may be purchased with a Reservation Fee USD 1,000.00 and Balance then Payable without interest in 60 consecutive equal monthly payments of USD 1,273.23. Alternatively Save USD 4,553.61 by making the Reservation, USD 1,000.00 then within 30 days a 30% Net Down Discounted Payment of USD 18,214.44 Balance payable without interest over 60 consecutive equal monthly payments of USD 885.42. Another option, Pay Cash, and take a full 20% discount on the Unit Price [Save USD 15,378.70]... Pay the 90% Now [USD 55,363.33] and remaining 10% [USD 6,151.48] on unit Turnover from December 2009

One Bedroom Corner Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom Corner Suites. Average Floor Area 59.81 sqm [645sqft] at $1,453.76/sqm. USD 86,949.39 [Including Taxes] These units are all Corner Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of USD 1,440.83. Alternatively Save USD 5,186.96 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 20,747.85 Balance payable without interest over 60 consecutive equal monthly payments of USD 1,008.58. Another option, Pay Cash take a 20% discount [Save USD 17,389.87] on unit price. Pay 90% Now [USD 62,603.56] and remaining 10% [USD 6,955.95] on unit Turnover from December 2009

One Bedroom "Loft Type" Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive 1 Bedroom "Loft Type" Suites. Floor Area 50.06 sqm [540sqft] at $1,453.76/sqm. USD 72,275.23 [Including Taxes] These 2-Storey ‘Loft Type’ units are overlooking the Swimming Pool Deck. All units within Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom "Loft Type" Suite provides purchases with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of only USD 1,196.25. Alternatively Save USD 4,306.51 by making a Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 17,226.06 resulting Balance payable without interest over 60 consecutive equal monthly payments of USD 837.38. Another option, Pay Cash take 20% discount [Save USD 14,455.04] on unit price. Pay 90% Now [USD 52,038.16] and 10% [USD 5,782.02] on unit Turnover from December 2009

Two Bedroom "Loft Type" Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Two Bedroom Loft Type Suites. Average Floor Area 75.69 sqm [815 sqft] $1,453.76/sqm. USD 110,035.09 [Including Tax] These units are all 2-Storey "Loft-Type" Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for a Two Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 1,825.58. Alternatively Save USD 6,572.10 by making a Reservation USD 500.00 then within 30 days a 30% Net Down Payment of USD 26,288.42 and Balance payable without interest over 60 consecutive equal monthly payments of USD 1,277.91. Another option, Pay Cash and take a full 20% discount [Save USD 22,007.02] on the unit price. Pay 90% Now [USD 79,225.27] and 10% [USD 8,802.80] on Turnover from December 2009

Three Bedroom "Loft-Type Corner Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Corner Suites. Floor Area 104.27 sqm [1,122 sqft] at $1,453.76/sqm. USD 151,583.56 [Including Taxes] These units are all "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Current Special Offer for the Three Bedroom Suites provides purchases can be made with only USD 500.00 Reservation Balance Payable without interest over 60 consecutive equal monthly payments USD 2,518.06. Alternatively Save USD 9,065.01 by making the Reservation, USD 500.00 then within 30 days 30% Net Discounted Down Payment USD 36,260.05 and Balance payable without interest over 60 consecutive equal monthly payments USD 1,762.64. Another option, Pay Cash and take a full 20% discount [Save USD 30,316.71] Pay 90% Now [USD 109,140.16] and 10% [USD 12,126.69] on unit Turnover from December 2009

Three Bedroom Penthouse Suites Price May 1, 2006

Lancaster Suites Manila Tower II Executive Three Bedroom Penthouse Suites. Floor Area 133.96 sqm [1,445sqft] at $1,610.56/sqm. USD 215,750.62 [Including Taxes] These units are all 2-Storey Loft-Type "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. Current Special Offer for Penthouse Suites provide purchases with USD 500.00 Reservation and Balance Payable without interest over 60 consecutive equal monthly payments USD 3,587.51. Alternatively Save USD 12,915.03 by making the Reservation, USD 500.00 then within 30 days 30% Net Down Payment USD 51,660.15 and Balance payable without interest over 60 consecutive equal monthly payments USD 2,511.26. Another option, Pay Cash and take a full 20% discount [Save USD 43,150.12] Pay 90% Now [USD155,340.45] and 10% [USD 17,260.05] on unit Turnover from December 2009

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status. Prices quoted are in US Dollars at current [fixed contract] exchange rate now Pesos 50.00/USD 1.00

All Lancaster Residential Suites Unit Features Include:

• Vitrified ceramic tiles in living, dining areas
• Ceramic tiles in kitchen and toilet and bath
• Toilets with mechanical ventilation
• Plastered cement with painted finishes
• Provisions for split type air-conditioners

For a Copy of the Lancaster Suites Slide Show Presentation kindly copy and paste the following URL into your Web Browser

http://www.kodakgallery.com/I.jsp?c...1e&x=0&y=gzpcua

For further information on Condotel Investments in the Philippines, please do not hesitate to contact the undersigned.

Beth Collingz
Director - PLC International Marketing Networks
Pacific Concord Properties, Inc., Head Office Manila
The Lancaster Suites. 2/F JTIC Building.
622 Shaw Boulevard Corner Samat St.,
Mandaluyong City. Metro Manila
Philippines 1552.
Tel: [63-2] 717 1958 [Direct Line]
Fax: [63-2] 718-1828

Pacific Concord Properties, Inc., Cebu Office
Lancaster Cebu Resort Residences
Matumbo Road. Pusok.
Lapu-Lapu City. Mactan. Cebu
Tel: 63-32] 340 0721 [Direct Line]
Fax: [63-32] 495-4938
mailto: plcsales@pldtdsl.net
Website: http://www.lancastersuites.com [Condotel Investments Forum]

August 30, 2006

PLCMarketing

September 6th, 2006, 02:00 AM

Good Morning !

New Real Estate Forum at www.lancastersuites.com by PLC International Marketing Networks for all inquiries upon Condotel Investments in the Philippines and other Real Estate Topics....

Please feel free to join our FORUM on www.lancastersuites.com and be a part of the Lancaster Network and get in on the Initial Offering for Condotel Investments and units in the Lancaster Suites Manila Atrium Tower II, Shaw Boulevard, Metro Manila ... the Hottest Investment Option now available in Manila !

Kind regards
Beth Collingz

Director - PLC International Marketing Networks
Pacific Concord Properties Inc - Head Office Manila
Lancaster Suites. 2/F JTIC Building
622 Shaw Boulevard Corner Samat St.,
Mandaluyong City. Metro Manila. Philippines 1552
Tel: [Manila 63 2] 717 1958 [Direct Line]
Fax: [Manila 63 2] 718 1828

PLC International Marketing Networks
Pacific Concord Properties Inc - Branch Office Cebu
Lancaster Cebu Resort Residences
Lapu-Lapu City, Mactan. Cebu.
Tel: [Cebu 63 32] 340 0721
Fax: [Cebu 63 32] 495 4938
Email: plcsales@pldtdsl.net
Website: http://www.lancastersuites.com [Lancaster Forum]

PLCMarketing

September 9th, 2006, 11:55 AM

A Warning to all Foreign Nationals whom use their wives, girlfriends and corporations to acquire land or house and lot [ILLEGALLY] in the Philippines.... :bash:

FIRST DIVISION IN RE: PETITION FOR G.R. No. 149615
SEPARATION OF PROPERTY

ELENA BUENAVENTURA MULLER,
- versus -
HELMUT MULLER,
August 29, 2006
x ------------------------- x

DECISION

YNARES-SANTIAGO, J.:

This petition for review on certiorari [1] assails the February 26, 2001 Decision [2] of the Court of Appeals in CA-G.R. CV No. 59321 affirming with modification the August 12, 1996 Decision [3] of the Regional Trial Court of Quezon City, Branch 86 in Civil Case No. Q-94-21862, which terminated the regime of absolute community of property between petitioner and respondent, as well as the Resolution [4] dated August 13, 2001 denying the motion for reconsideration.

The facts are as follows:

Petitioner Elena Buenaventura Muller and respondent Helmut Muller were married in Hamburg, Germany on September 22, 1989. The couple resided in Germany at a house owned by respondent's parents but decided to move and reside permanently in the Philippines in 1992. By this time, respondent had inherited the house in Germany from his parents which he sold and used the proceeds for the purchase of a parcel of land in Antipolo, Rizal at the cost of P528,000.00 and the construction of a house amounting to P2,300,000.00. The Antipolo property was registered in the name of petitioner under Transfer Certificate of Title No. 219438[5] of the Register of Deeds of Marikina, Metro Manila.

Due to incompatibilities and respondent's alleged womanizing, drinking, and maltreatment, the spouses eventually separated. On September 26, 1994, respondent filed a petition[6] for separation of properties before the Regional Trial Court of Quezon City.

On August 12, 1996, the trial court rendered a decision which terminated the regime of absolute community of property between the petitioner and respondent. It also decreed the separation of properties between them and ordered the equal partition of personal properties located within the country, excluding those acquired by gratuitous title during the marriage. With regard to the Antipolo property, the court held that it was acquired using paraphernal funds of the respondent. However, it ruled that respondent cannot recover his funds because the property was purchased in violation of Section 7, Article XII of the Constitution. Thus -

However, pursuant to Article 92 of the Family Code, properties acquired by gratuitous title by either spouse during the marriage shall be excluded from the community property. The real property, therefore, inherited by petitioner in Germany is excluded from the absolute community of property of the herein spouses. Necessarily, the proceeds of the sale of said real property as well as the personal properties purchased thereby, belong exclusively to the petitioner. However, the part of that inheritance used by the petitioner for acquiring the house and lot in this country cannot be recovered by the petitioner, its acquisition being a violation of Section 7, Article XII of the Constitution which provides that "save in cases of hereditary succession, no private lands shall be transferred or conveyed except to individuals, corporations or associations qualified to acquire or hold lands of the public domain." The law will leave the parties in the situation where they are in without prejudice to a voluntary partition by the parties of the said real property. x x x

x x x x

As regards the property covered by Transfer Certificate of Title No. 219438 of the Registry of Deeds of Marikina, Metro Manila, situated in Antipolo, Rizal and the improvements thereon, the Court shall not make any pronouncement on constitutional grounds.[7]

Respondent appealed to the Court of Appeals which rendered the assailed decision modifying the trial court's Decision. It held that respondent merely prayed for reimbursement for the purchase of the Antipolo property, and not acquisition or transfer of ownership to him. It also considered petitioner's ownership over the property in trust for the respondent. As regards the house, the Court of Appeals ruled that there is nothing in the Constitution which prohibits respondent from acquiring the same. The dispositive portion of the assailed decision reads:

WHEREFORE, in view of the foregoing, the Decision of the lower court dated August 12, 1996 is hereby MODIFIED. Respondent Elena Buenaventura Muller is hereby ordered to REIMBURSE the petitioner the amount of P528,000.00 for the acquisition of the land and the amount of P2,300,000.00 for the construction of the house situated in Atnipolo, Rizal, deducting therefrom the amount respondent spent for the preservation, maintenance and development of the aforesaid real property including the depreciation cost of the house or in the alternative to SELL the house and lot in the event respondent does not have the means to reimburse the petitioner out of her own money and from the proceeds thereof, reimburse the petitioner of the cost of the land and the house deducting the expenses for its maintenance and preservation spent by the respondent. Should there be profit, the same shall be divided in proportion to the equity each has over the property. The case is REMANDED to the lower court for reception of evidence as to the amount claimed by the respondents for the preservation and maintenance of the property.

SO ORDERED.

Hence, the instant petition for review raising the following issues:

I

THE HONORABLE COURT OF APPEALS GRAVELY ERRED IN HOLDING THAT THE RESPONDENT HEREIN IS ENTITLED TO REIMBURSEMENT OF THE AMOUNT USED TO PURCHASE THE LAND AS WELL AS THE COSTS FOR THE CONSTRUCTION OF THE HOUSE, FOR IN SO RULING, IT INDIRECTLY ALLOWED AN ACT DONE WHICH OTHERWISE COULD NOT BE DIRECTLY x x x DONE, WITHOUT DOING VIOLENCE TO THE CONSTITUTIONAL PROSCRIPTION THAT AN ALIEN IS PROHIBITED FROM ACQUIRING OWNERSHIP OF REAL PROPERTIES LOCATED IN THE PHILIPPINES.

II

THE COURT OF APPEALS GRAVELY ERRED IN SUSTAINING RESPONDENT'S CAUSE OF ACTION WHICH IS ACTUALLY A DESPERATE ATTEMPT TO OBTAIN OWNERSHIP OVER THE LOT IN QUESTION, CLOTHED UNDER THE GUISE OF CLAIMING REIMBURSEMENT.

Petitioner contends that respondent, being an alien, is disqualified to own private lands in the Philippines; that respondent was aware of the constitutional prohibition but circumvented the same; and that respondent's purpose for filing an action for separation of property is to obtain exclusive possession, control and disposition of the Antipolo property.

Respondent claims that he is not praying for transfer of ownership of the Antipolo property but merely reimbursement; that the funds paid by him for the said property were in consideration of his marriage to petitioner; that the funds were given to petitioner in trust; and that equity demands that respondent should be reimbursed of his personal funds.

The issue for resolution is whether respondent is entitled to reimbursement of the funds used for the acquisition of the Antipolo property.

The petition has merit.

Section 7, Article XII of the 1987 Constitution states:

Save in cases of hereditary succession, no private lands shall be transferred or conveyed except to individuals, corporations, or associations qualified to acquire or hold lands of the public domain.

Aliens, whether individuals or corporations, are disqualified from acquiring lands of the public domain. Hence, they are also disqualified from acquiring private lands.[9] The primary purpose of the constitutional provision is the conservation of the national patrimony. In the case of Krivenko v. Register of Deeds,[10] the Court held:

Under section 1 of Article XIII of the Constitution, "natural resources, with the exception of public agricultural land, shall not be alienated," and with respect to public agricultural lands, their alienation is limited to Filipino citizens. But this constitutional purpose conserving agricultural resources in the hands of Filipino citizens may easily be defeated by the Filipino citizens themselves who may alienate their agricultural lands in favor of aliens. It is partly to prevent this result that section 5 is included in Article XIII, and it reads as follows:

"Sec. 5. Save in cases of hereditary succession, no private agricultural land will be transferred or assigned except to individuals, corporations, or associations qualified to acquire or hold lands of the public domain in the Philippines."

This constitutional provision closes the only remaining avenue through which agricultural resources may leak into aliens' hands. It would certainly be futile to prohibit the alienation of public agricultural lands to aliens if, after all, they may be freely so alienated upon their becoming private agricultural lands in the hands of Filipino citizens. x x x

x x x x

If the term "private agricultural lands" is to be construed as not including residential lots or lands not strictly agricultural, the result would be that "aliens may freely acquire and possess not only residential lots and houses for themselves but entire subdivisions, and whole towns and cities," and that "they may validly buy and hold in their names lands of any area for building homes, factories, industrial plants, fisheries, hatcheries, schools, health and vacation resorts, markets, golf courses, playgrounds, airfields, and a host of other uses and purposes that are not, in appellant's words, strictly agricultural." (Solicitor General's Brief, p. 6.) That this is obnoxious to the conservative spirit of the Constitution is beyond question.

Respondent was aware of the constitutional prohibition and expressly admitted his knowledge thereof to this Court.[11] He declared that he had the Antipolo property titled in the name of petitioner because of the said prohibition.[12] His attempt at subsequently asserting or claiming a right on the said property cannot be sustained.

The Court of Appeals erred in holding that an implied trust was created and resulted by operation of law in view of petitioner's marriage to respondent. Save for the exception provided in cases of hereditary succession, respondent's disqualification from owning lands in the Philippines is absolute. Not even an ownership in trust is allowed. Besides, where the purchase is made in violation of an existing statute and in evasion of its express provision, no trust can result in favor of the party who is guilty of the fraud. [13] To hold otherwise would allow circumvention of the constitutional prohibition.

Invoking the principle that a court is not only a court of law but also a court of equity, is likewise misplaced. It has been held that equity as a rule will follow the law and will not permit that to be done indirectly which, because of public policy, cannot be done directly.[14] He who seeks equity must do equity, and he who comes into equity must come with clean hands. The latter is a frequently stated maxim which is also expressed in the principle that he who has done inequity shall not have equity. It signifies that a litigant may be denied relief by a court of equity on the ground that his conduct has been inequitable, unfair and dishonest, or fraudulent, or deceitful as to the controversy in issue.[15]

Thus, in the instant case, respondent cannot seek reimbursement on the ground of equity where it is clear that he willingly and knowingly bought the property despite the constitutional prohibition.

Further, the distinction made between transfer of ownership as opposed to recovery of funds is a futile exercise on respondent's part. To allow reimbursement would in effect permit respondent to enjoy the fruits of a property which he is not allowed to own. Thus, it is likewise proscribed by law. As expressly held in Cheesman v. Intermediate Appellate Court:[16]

Finally, the fundamental law prohibits the sale to aliens of residential land. Section 14, Article XIV of the 1973 Constitution ordains that, "Save in cases of hereditary succession, no private land shall be transferred or conveyed except to individuals, corporations, or associations qualified to acquire or hold lands of the public domain." Petitioner Thomas Cheesman was, of course, charged with knowledge of this prohibition. Thus, assuming that it was his intention that the lot in question be purchased by him and his wife, he acquired no right whatever over the property by virtue of that purchase; and in attempting to acquire a right or interest in land, vicariously and clandestinely, he knowingly violated the Constitution; the sale as to him was null and void. In any event, he had and has no capacity or personality to question the subsequent sale of the same property by his wife on the theory that in so doing he is merely exercising the prerogative of a husband in respect of conjugal property. To sustain such a theory would permit indirect controversion of the constitutional prohibition. If the property were to be declared conjugal, this would accord to the alien husband a not insubstantial interest and right over land, as he would then have a decisive vote as to its transfer or disposition. This is a right that the Constitution does not permit him to have.

As already observed, the finding that his wife had used her own money to purchase the property cannot, and will not, at this stage of the proceedings be reviewed and overturned. But even if it were a fact that said wife had used conjugal funds to make the acquisition, the considerations just set out to militate, on high constitutional grounds, against his recovering and holding the property so acquired, or any part thereof. And whether in such an event, he may recover from his wife any share of the money used for the purchase or charge her with unauthorized disposition or expenditure of conjugal funds is not now inquired into; that would be, in the premises, a purely academic exercise. (Emphasis added)

WHEREFORE, in view of the foregoing, the instant petition is GRANTED. The Decision dated February 26, 2001 of the Court of Appeals in CA-G.R. CV No. 59321 ordering petitioner Elena Buenaventura Muller to reimburse respondent Helmut Muller the amount of P528,000 for the acquisition of the land and the amount of P2,300,000 for the construction of the house in Antipolo City, and the Resolution dated August 13, 2001 denying reconsideration thereof, are REVERSED and SET ASIDE. The August 12, 1996 Decision of the Regional Trial Court of Quezon City, Branch 86 in Civil Case No. Q-94-21862 terminating the regime of absolute community between the petitioner and respondent, decreeing a separation of property between them and ordering the partition of the personal properties located in the Philippines equally, is REINSTATED.

SO ORDERED.

[1] Rollo, pp. 31-50.
[2] Id. at 8-13. Penned by Associate Justice Juan Q. Enriquez, Jr. and concurred in by Associate Justices Ruben T. Reyes and Presbitero J. Velasco, Jr. (who is now a Member of this Court).
[3] Id. at 98-101. Penned by Judge Teodoro A. Bay.
[4] Id. at 22.
[5] Id. at 58.
[6] Id. at 52-57.
[7] Id. at 100-101.
Id. at 12.
[9] Ong Ching Po v. Court of Appeals, G.R. Nos. 113472-73, December 20, 1994, 239 SCRA 341, 346.
[10] 79 Phil. 461, 473, 476 (1947).
[11] Rollo, p. 114.
[12] TSN, April 18, 1995, p. 12.
[13] Morales v. Court of Appeals, G.R. No. 117228, June 19, 1997, 274 SCRA 282, 299.
[14] Frenzel v. Catito, 453 Phil. 885, 905 (2003).
[15] University of the Philippines v. Catungal, Jr., 338 Phil. 728, 743-744 (1997).
[16] G.R. No. 74833, January 21, 1991, 193 SCRA 93, 103-104.

Philippine Property Ownership

• Foreign Ownership of Philippine Real Estate & Assets

A Foreign National can only own Philippine Real Estate through the purchase of Condominium Units or Townhouses constituted under the Condominium principle with Condominium Certificates of Title [CCT Title Deeds].. [Note* Townhouses covered by a Transfer Certificate of Land Title are not allowed to be owned by Foreign Nationals].

Foreign Nationals can buy and own in their own name, condominium units under Republic Act 4726, otherwise known as the Condominium Act, provides that no condominium unit can be sold without at the same time selling the corresponding amount of rights, shares or other interests in the condominium management body (The Condominium Corporation), and no one can buy shares in a condominium corporation without at the same time buying a condominium unit. Now the Condominium Act of the Philippines, R.A. 4726, expressly allows foreigners to acquire condominium units and shares in condominium corporations up to not more than 40 % of the total and outstanding capital stock of a Filipino owned or controlled corporation.

As for Philippine Visa Requirements, for those Nationals planning to stay for longer term visits to the Country, or for Non Philippine Nationals, a Retirement Visa may be applied through the Philippine Leisure Authority where proposed or "pre-existing investments may qualify the applicant for a Philippine Retirement Visa. The Philippine Leisure and Retirement Authority (PLRA) is no longer accepts Special Resident Retiree’s Visa (SRRV) applicants with pre-existing investments in the Philippines. Pre-existing investments in the form of a previously purchased condominium unit, shares of stock in corporations, leasehold agreements and proprietary membership shares are no longer accepted in lieu of the required US dollar time deposit.

In addition to the usual documentary requirements for SRRV application, applicants should submit specific documents depending on the type of investment they will be using in lieu of the US dollar time deposit. For condominium units or long-term leasehold agreements, applicants should submit: Condominium Certificate of Title (CCT) or Transfer Certificate of Title (TCT) duly certified by the Registry of Deeds; and Deed of absolute sale as proof of the property’s purchase price, which should be at least USD 50,000.00 or USD 75,000.00, whichever is applicable, based on the exchange rate at the time the property was purchased or acquired.

• Right To Own Philippine Real Property

Under the pertinent provisions of the Philippine Constitution only Filipino citizens and corporations or partnerships at least 60% Philippine owned are entitled to acquire LAND in the Philippines. As an exception to this rule, foreign acquisition of Philippine real estate is allowed in the following cases. Acquisition before the 1935 constitution. Acquisition thru hereditary succession if the foreign national is a legal heir. Purchase of not more than 40% interest as a whole in a condominium project. Purchase by a former natural born Filipino citizen subject to the limitations prescribed by law. A Filipino who is married to an alien retains their Philippine citizenship, unless by their act or omission they are deemed to have renounced their Philippine citizenship. [Please see notes on the Philippine Dual Citizenship Law].

• Foreign Ownership as a Philippine Corporation

Another way for foreign nationals to invest in Philippine real estate is for the Foreign national or foreign corporation to create a Philippine corporation to hold title. This allows the Philippine corporation of a foreign national or foreign corporation less investment risk and more control of their Philippine real estate investment, and other Philippine investment assets. Foreign nationals, and corporations may 100% own a Philippine condominium or town home. However, care must be taken as a foreign investor and adequate caution should be taken upon considering taking title to real estate in this manner

For private land, residential home with land lot and or commercial building with land lot ownership the foreign national and or corporation forms a Philippine Corporation to take ownership of the property. On paper, a Philippine Corporation by Philippine law will be a maximum of 40% foreign owned, and a minimum of 60% Filipino owned with a minimum of five incorporators. The Philippine corporation by law shall have a main bank account tied to it before and upon incorporation. A foreign national may be the sole person on the Philippine corporation bank account once after the Philippine corporation has been created and power of attorney has been handed over to the foreign investor at the time of incorporation. Thus allowing the foreign national total control over the funds derived and paid out from the Philippine Corporation and from the income or sale of the asset or real estate property.

• New Dual Citizenship Laws Affecting Property Ownership

Dual citizenship is now newly available under Philippine Law. Dual citizenship means having two citizenships and passports from two different countries. Former Philippine citizens born in the Philippines, but that have immigrated to another country and obtained citizenship of that country. A foreign spouse married to a Philippine citizen. Dual citizenship allows the citizenship holder full rights of possession of Philippine real estate property.

* Philippine's Embraces Dual Citizenship [September 19, 2003]

In a landmark bill, the Philippine Government enacted Citizenship Retention and Reacquisition Act. With this act, the decades-old ban on dual Philippine citizenship was thrown away. The Philippine Congress recognized that in today's world, Filipinos have dispersed around the world and have even taken on the nationality of their new home countries while maintaining their strong ties to the Filipino community, heritage and families.

Unfortunately, prior to this act, a Filipino who naturalized in another country, such as the U.S. lost Filipino citizenship. The Philippine Congress recognized that this seriously affected the unity of Filipinos overseas with those in the Philippines. It also had drastic consequences with prior Filipinos losing interest in investing in the Philippines.

The new act allows all prior Filipinos who lost their Philippine citizenship because they became citizens of another country to regain Philippine citizenship. It also allows Filipinos who want to naturalize in another country, like the United States for example, to keep their Philippine citizenship. Reacquiring and retaining citizenship allows dual national Filipinos to vote and run for elected office.

The children of Filipinos who reacquire citizenship are also affected. Those unmarried children, under the age of 18 will also be considered to be citizens of the Philippines. This includes legitimate, adopted, and illegitimate children.

The reacquisition of Philippine citizenship is not automatic. Filipinos who lost Philippine citizenship when they became citizens of anther country must swear an oath of allegiance. The oath is found in the text of the act, and in the coming months the Philippine Department of Justice will provide rules on the administration of the oath. One can envision that former Filipinos overseas need appear at their local Consulate to take oath and apply for Philippine passport.

The new act accepts back, with open arms, Filipinos who lost their citizenship. It embraces dual citizenship and recognizes that in today's day and age dual citizenship is a desirable factor for Filipinos who maintain their allegiance to their homeland.

• Foreigner Married to a Philippine Citizen

If holding title as an individual, a typical situation would be that a foreigner married to a Philippine citizen would hold title in the Philippine spouses name. The foreign spouse's name cannot be on the property Title and he/she will never have anya rights over the property whatsover but can be on the contract to buy the property. In the event of death of the Philippine spouse, the foreign spouse is allowed a reasonable amount of time to dispose of the property and collect the proceeds or the property will pass to any Philippine heirs and or relatives. As a foreign investor caution should be taken upon considering taking title to real estate in this manner. In the event of divorce or legal separation, a Foreign National will simply walk away without a cent as the property, even if sold, all proceeds will be awarded to the Filipino spouse.

• Condominium Residential Commercial Development Ownership Law

Presidential Decree No. 957, which regulates the sale of subdivision and condominium developments. The National Housing Authority has exclusive jurisdiction to regulate real estate trade and business, a function, which is presently exercised by the Housing and Land Use Regulatory Board (HLURB). Certain conditions are required before a license to sell condominium development units and or subdivision development lots and homes is issued to a Filipino or Foreign owned individual or corporation. The requirements include a certificate of registration, a performance bond, and an approval of the building plans and specifications.

For further information please do not hesitate to contact us....

PLC International Marketing Networks
Pacific Concord Properties Inc - Head Office Manila
Lancaster Suites. 2/F JTIC Building
622 Shaw Boulevard Corner Samat St.,
Mandaluyong City. Metro Manila. Philippines 1552
Tel: [Manila 63 2] 717 1958 [Direct Line]
Fax: [Manila 63 2] 718 1828

PLC International Marketing Networks
Pacific Concord Properties Inc - Branch Office Cebu
Lancaster Cebu Resort Residences
Lapu-Lapu City, Mactan. Cebu.
Tel: [Cebu 63 32] 340 0721
Fax: [Cebu 63 32] 495 4938
Email: plcsales@pldtdsl.net
Website: http://www.lancastersuites.com [Lancaster Condotels]

PLCMarketing

September 14th, 2006, 11:20 AM

Lancaster Manila Tower I, Shaw Boulevard, Metro Manila.
15% Price Increase Effective October 1, 2006

Effective October 1, 2006 All Prices for the Lancaster Suites units will Increase by 15%. For anyone interested, we currently also have available for December Turnover 2006 at Lancaster Suites [Manila] Tower I Shaw Boulevard, Metro Manila, several Studios, One Bedroom Suites and a Two Bedroom Suite for sale. For full information please contact us.

Lancaster Suites Manila Tower I
Currently Available - Studio Suite

New Price October 1, 2006

Lancaster Suites Manila Executive Studio Suites. Average Floor Area 27.23 square meters [293sqft] at $1,598.00/sqm. USD 43,513.54.

Current Price

Tower I Executive Studio Suite [7th Floor Suite #711] Floor Area 27.23sqm [293sqft] at $1,398.00/sqm USD 38,057.54. [Tax Exempt] This prime unit overlooking Ortigas Center [Morning Sun] may be purchased with 30% Down Payment [with 10% Discount on the down payment Saving USD 1,141.72] of USD 10,275.54 and balance payable over 36 equal consecutive monthly installments of USD 740.00. Alternatively, Pay Cash and take a 10% discount on the Contract Price. Save USD 3,805.75 Pay 90% of the contract price now [USD 30.825.60] and the remaining 10% balance [USD 3,425.18] on unit turnover from December 2006….

Tower I Executive Studio Suite [14th Floor Suite #1411] Floor Area 27.23sqm [293sqft] at $1,398.00/sqm USD 38,057.54. [Tax Exempt] This prime unit overlooking Ortigas Center [Morning Sun] may be purchased with 30% Down Payment [with 10% Discount on the down payment Saving USD 1,141.72] of USD 10,275.54 and balance payable over 36 equal consecutive monthly installments of USD 740.00. Alternatively, Pay Cash and take a 10% discount on the Contract Price. Save USD 3,805.75 Pay 90% of the contract price now [USD 30.825.60] and the remaining 10% balance [USD 3,425.18] on unit turnover from December 2006….

Currently Available - 1 Bedroom Prime “Corner” Suites

New Price October 1, 2006

Lancaster Suites Manila One Bedroom "Corner Suites". Average Floor Area 42.88 square meters [462sqft] at $1,789.76/sqm. USD 76,744.90.

Current Price

1 Bedroom Executive Corner Suite [20th Floor Suite #2005] Overlooking Mandaluyong-Shaw Boulevard & WackWack Golf Club] Floor Area 42.88sqm [462sqft] at $1,565.76/sqm USD 67,139.79. [Including Tax] These corner units may be purchased with a 30% Down Payment [Saving USD 2,014.19 as 10% Discount] of USD 18,127.75 and balance payable over 36 equal consecutive monthly installments of USD 1,305.50. Alternatively, Pay Cash and take a 10% discount on the Contract Price. Save USD 6,713.97 Pay 90% now [USD 54,383.23] and the remaining 10% balance [USD 6,042.58] on unit turnover from December 2006….

1 Bedroom Executive Corner Suite [20th Floor Suite #2010] Overlooking Mandaluyong-Shaw Boulevard & WackWack Golf Club] Floor Area 42.88sqm [462sqft] at $1,565.76/sqm USD 67,139.79. [Including Tax] These corner units may be purchased with a 30% Down Payment [Saving USD 2,014.19 as 10% Discount] of USD 18,127.75 and balance payable over 36 equal consecutive monthly installments of USD 1,305.50. Alternatively, Pay Cash and take a 10% discount on the Contract Price. Save USD 6,713.97 Pay 90% now [USD 54,383.23] and the remaining 10% balance [USD 6,042.58] on unit turnover from December 2006….

1 Bedroom Executive Corner Suite [20th Floor Suite #2013] Overlooking Pasig-Boni-Mandaluyong & Pool Deck] Floor Area 41.93sqm [452sqft] at $1,565.76/sqm USD 65,652.32. [Including Tax] These corner units may be purchased with a 30% Down Payment [Saving USD 1,969.56 as 10% Discount] of USD 17,726.12 and balance payable over 36 equal consecutive monthly installments of USD 1,276.58. Alternatively, Pay Cash and take 10% discount on Contract Price. Save USD 6,565.23 Pay 90% now [USD 53,178.38] and the remaining 10% balance [USD 5,908.71] on unit turnover from December 2006….

Currently Available - 2 Bedroom Suites

New Price October 1, 2006

Lancaster Suites Manila Two Bedroom "Loft Type" Suite. Average Floor Area 65.14 square meters [700sqft] at $1,789.76/sqm. USD 116,584.96.

Current Price

Executive Two Bedroom "Loft Type" Suite [29th Floor Suite #2904] Floor Area 65.14sqm [700sqft] at $1,565.76/sqm USD 101,993.61. [Including Tax] This prime Suite is overlooking Mandaluyong & Makati City and Manila Bay on the horizon, may be purchased with 30% Down Payment [with 10% Discount on the down payment Saving USD 3,059.80] of USD 27,538.28 balance payable over 36 equal consecutive monthly installments of USD 1983.21. Alternatively, Pay Cash and take a 10% discount on the Contract Price. Save USD 10,199.36 Pay 90% of the contract price now [USD 82,614.83] and the remaining 10% balance [USD 9,179.43] on unit turnover from December 2006….

Penthouse Suite - Please Inquire Status

New Price October 1, 2006

Lancaster Suites Manila Three Bedroom Loft Type Penthouse Suite. Average Floor Area 125.78 square meters [1385sqft] at $1,946.56/sqm. USD 244,838.31.

Current Price

2-Level 3 Bedroom 3 Bathroom Corner Penthouse Suite PH-05 [42nd Floor] Floor Area 125.78sqm [1,385sqft] at $1,722.56/sqm USD 216,663.60. [Including Tax] This prime corner unit facing towards Ortigas Center, Greenhills and overlooking the Wack-Wack Golf Club [Morning Sun] may be purchased with a Reservation Fee USD 500.00 Balance Payable without interest over 60 consecutive equal monthly payments of USD 3,602.73. Alternatively Save USD 6,484.90 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 58,364.17 and Balance payable without interest over 60 consecutive equal monthly payments of USD 2,521.90. Another option, Pay Cash and take a full 10% discount [Save USD 21,666.36] Pay 90% Now [USD 175,497.51] and remaining 10% [USD 19,499.73] on unit Turnover from December 2006 [Subject To Contract 07-06] Please Inquire

For full information please contact Beth Collingz. PLC International Marketing Networks

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status.

All Lancaster Residential Suites Unit Features Include:

• Vitrified ceramic tiles in living, dining areas
• Ceramic tiles in kitchen and toilet and bath
• Toilets with mechanical ventilation
• Plastered cement with painted finishes
• Provisions for split type air-conditioners

You can see an interior photo of the Studio Suites on
http://www.pacificconcord.com.ph/bed_unit_studio.htm

And interior photo of the One Bedroom Suites on
http://www.pacificconcord.com.ph/bed_unit_one.htm

For Copy of the Lancaster Suites Slide Show Presentation copy and paste the following directly into your browser:
http://www.kodakgallery.com/I.jsp?c=thslvaa.4sacn68a&x=0&y=t9whzo

PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958 Fax: Manila [632] 718 1828
Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721 Fax: [6332] 495 4938
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com

PLCMarketing

September 14th, 2006, 11:22 AM

Lancaster Manila Atrium Tower A. Lancaster Suites, Shaw Boulevard, Metro Manila 17% Price Increase Effective October 1, 2006

The Current selling price Lancaster Manila Atrium Tower A Studio Units at Pesos 64,888 or $1,298.00 per sqm are Tax Exempt will increase to Pesos 75,888 or $1,518.00 per sqm Effective October 1, 2006. The One Bedroom, Two and Three Bedroom Suites are currently priced at Pesos 72,674.56 or $1,453.76 per sqm will also increase to Pesos 84,994.56 or $1,700.16 per sqm including Government Taxes [R-Vat 12%] effective October 1, 2006.

Five Year No Interest Charge Terms of payment or up to 12 years “In-House” financing plans. Completion and Turnover of units for Tower II will be from December 2009.

All payments will be made to the specific Lancaster Suites Manila Atrium Tower A Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower A Atrium Units will be at least 70-80% on completion and 100% on turnover of units from December 2009

Make sure you reserve a Unit Now at Current Price Offerings and extended terms of payment and stand to earn at least 70-80% in Real Property Appreciation by completion of units in 2009/2010

With current Global Structural Steel and Reinforced Steel Bar Prices increasing some 50%, we anticipate further price increases effective from December 2006

Lancaster Suites Manila Atrium Tower A Reservations
For Available Executive Studio Suites

Executive Studio Suites
New Price October 1, 2006

Lancaster Suites Manila Atrium Tower II Executive Studio Suites. Average Floor Area 29.62 square meters [320sqft] at $1,518.00/sqm. USD 44,963.16

Current Price

Lancaster Suites Manila Tower II Executive Studio Suites. Average Floor Area 29.62 square meters [320sqft] at $1,298.00/sqm. USD 38,446.76 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 632.45. Alternatively Save USD 2,276.80 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Discounted Payment of USD 9,107.23 and Balance payable without interest over 60 consecutive equal monthly payments of USD 442.71. Another option, Pay Cash and take a full 20% discount [Save USD 7,689.35] on unit price.... Pay 90% Now [USD 27,681.67] and the remaining 10% [USD 3,075.74] on unit turnover from December 2009...

Executive Studio DeLuxe Suites
New Price October 1, 2006

Lancaster Suites Manila Atrium Tower A Executive DeLuxe Studio Suites. Average Floor Area 32.50 square meters [355sqft] at $1,518.00/sqm. USD 49,335.00

Current Price

Lancaster Suites Manila Atrium Tower A Executive DeLuxe Studio Suites. Average Floor Area 32.96 square meters [355sqft] at $1,298.00/sqm. USD 42,782.08 These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck. All units within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 704.70. Alternatively Save USD 2,536.92 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 10,147.70 and Balance payable without interest over 60 consecutive equal monthly payments of USD 493.30. Another option, Pay Cash and take a 20% discount [Save USD 8,556.41] on unit price.... Pay 90% Now [USD 30,803.09] remaining 10% [USD 3,422.57] on unit Turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations For Tax Exempt Combined Studios As One Bedroom Suites

Avail Now of special Introductory Cash Price Tax Exempt With 20% Discount for the Remaining Combined Studio Units ….As One Bedroom Suites

New Price October 1, 2006

Lancaster Suites Manila Atrium Tower A Combined Studio Suites As One Bedroom Suite Two Units Combined Studio Floor Area 59.24 square meters [638sqft] at $1,518.00/sqm. USD 89,926.32

Current Price

Lancaster Suites Manila Atrium Tower A Combined Studio Suites As One Bedroom Suite Two Units Combined Studio Floor Area 59.24 square meters [638sqft] at $1,298.00/sqm. USD 76,893.52. These units are overlooking Swimming Pool Deck. All units within the Lancaster Suites Manila Atrium. The Special Initial Offer for Combined Studio Suite provides it may be purchased with a Reservation Fee USD 1,000.00 and Balance then Payable without interest in 60 consecutive equal monthly payments of USD 1,273.23. Alternatively Save USD 4,553.61 by making the Reservation, USD 1,000.00 then within 30 days a 30% Net Down Discounted Payment of USD 18,214.44 Balance payable without interest over 60 consecutive equal monthly payments of USD 885.42. Another option, Pay Cash, and take a full 20% discount on the Unit Price [Save USD 15,378.70]... Pay the 90% Now [USD 55,363.33] and remaining 10% [USD 6,151.48] on unit Turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
For Available One Bedroom Corner Suites

One Bedroom Corner Suites
New Price October 1, 2006

Lancaster Suites Manila Atrium Tower A One Bedroom Corner Suites Average Floor Area 59.81 square meters [645sqft] at $1,700.16/sqm. USD 101,686.56

Current Price

Lancaster Suites Manila Atrium Tower A Executive 1 Bedroom Corner Suites. Average Floor Area 59.81 sqm [645sqft] at $1,453.76/sqm. USD 86,949.39 [Including Taxes] These units are all Corner Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of USD 1,440.83. Alternatively Save USD 5,186.96 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 20,747.85 Balance payable without interest over 60 consecutive equal monthly payments of USD 1,008.58. Another option, Pay Cash take a 20% discount [Save USD 17,389.87] on unit price. Pay 90% Now [USD 62,603.56] and remaining 10% [USD 6,955.95] on unit Turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
For Available One Bedroom “Loft Type” Suites

One Bedroom “Loft Type” Suites
New Price October 1, 2006

Lancaster Suites Manila Atrium Tower A Executive 1 Bedroom "Loft Type" Suites. Floor Area 50.06 sqm [540sqft] at $1,700.16/sqm. USD 85,110.00

Current Price

Lancaster Suites Manila Atrium Tower A Executive 1 Bedroom “Loft Type” Suites. Floor Area 50.06 sqm [540sqft] at $1,453.76/sqm. USD 72,275.23 [Including Taxes] These 2-Storey ‘Loft Type’ units are overlooking the Swimming Pool Deck. All units within Lancaster Suites Manila Atrium. Current Special Offer for a One Bedroom “Loft Type” Suite provides purchases with a Reservation Fee USD 500.00 and Balance Payable without interest over 60 consecutive equal monthly payments of only USD 1,196.25. Alternatively Save USD 4,306.51 by making a Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 17,226.06 resulting Balance payable without interest over 60 consecutive equal monthly payments of USD 837.38. Another option, Pay Cash take 20% discount [Save USD 14,455.04] on unit price. Pay 90% Now [USD 52,038.16] and 10% [USD 5,782.02] on unit Turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
For Available Two Bedroom “Loft Type” Suites

Two Bedroom Loft Type Suites
New Price October 1, 2006

Lancaster Suites Manila Atrium Tower A Executive Two Bedroom Loft Type Suites. Floor Area 75.69 square meters [812sqft] at $1,700.16/sqm. USD 128,685.11

Current Price

Lancaster Suites Manila Atrium Tower A Executive Two Bedroom Loft Type Suites. Floor Area 75.69 sqm [815 sqft] $1,453.76/sqm. USD 110,035.09 [Including Tax] These units are all 2-Storey “Loft-Type” Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium. The Special Initial Offer for a Two Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 60 consecutive equal monthly payments of USD 1,825.58. Alternatively Save USD 6,572.10 by making a Reservation USD 500.00 then within 30 days a 30% Net Down Payment of USD 26,288.42 and Balance payable without interest over 60 consecutive equal monthly payments of USD 1,277.91. Another option, Pay Cash take full 20% discount [Save USD 22,007.02] on the unit price. Pay 90% Now [USD 79,225.27] and 10% [USD 8,802.80] on Turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
For Available Three Bedroom Suites

Three Bedroom “Loft-Type Corner Suites
New Price October 1, 2006

Lancaster Atrium Tower A Executive Three Bedroom Loft Type Suites. Average Floor Area 104.27 square meters [1122sqft] at $1,700.16/sqm. USD 177,275.68

Current Price

Lancaster Suites Manila Atrium Tower A Executive Three Bedroom Corner Suites. Floor Area 104.27 sqm [1,122 sqft] at $1,453.76/sqm. USD 151,583.56 [Including Taxes] These units are all “Corner Suites” either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Current Special Offer for the Three Bedroom Suites provides purchases can be made with only USD 500.00 Reservation Balance Payable without interest over 60 consecutive equal monthly payments USD 2,518.06. Alternatively Save USD 9,065.01 by making the Reservation, USD 500.00 then within 30 days 30% Net Discounted Down Payment USD 36,260.05 and Balance payable without interest over 60 consecutive equal monthly payments USD 1,762.64. Another option, Pay Cash and take a full 20% discount [Save USD 30,316.71] Pay 90% Now [USD 109,140.16] and 10% [USD 12,126.69] on unit Turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
For Available Penthouse Suites

Three Bedroom Penthouse Suites
New Price October 1, 2006

Lancaster Atrium Tower A Executive Three Bedroom Penthouse Suites. Average Floor Area 133.96 square meters [1442sqft] at $1,856.96/sqm. USD 248,758.36

Current Price

Lancaster Suites Manila Atrium Tower A Executive Three Bedroom Penthouse Suite. Floor Area 133.96 sqm [1,445sqft] at $1,610.56/sqm. USD 215,750.62 [Including Taxes] These units are all 2-Storey Loft-Type “Corner Suites” either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. Current Special Offer for Penthouse Suites provide purchases with USD 500.00 Reservation and Balance Payable without interest over 60 consecutive equal monthly payments USD 3,587.51. Alternatively Save USD 12,915.03 by making the Reservation, USD 500.00 then within 30 days 30% Net Down Payment USD 51,660.15 and Balance payable without interest over 60 consecutive equal monthly payments USD 2,511.26. Another option, Pay Cash and take a full 20% discount [Save USD 43,150.12] Pay 90% Now [USD155,340.45] and 10% [USD 17,260.05] on unit Turnover from December 2009

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status. Prices quoted are in US Dollars at current [fixed contract] exchange rate now Pesos 50.00/USD 1.00

All Lancaster Residential Suites Unit Features Include:

• Vitrified ceramic tiles in living, dining areas
• Ceramic tiles in kitchen and toilet and bath
• Toilets with mechanical ventilation
• Plastered cement with painted finishes
• Provisions for split type air-conditioners

For a Copy of the Lancaster Suites Slide Show Presentation...
Copy and paste the following URL directly into your Web Browser
http://www.kodakgallery.com/I.jsp?c=thslvaa.507okf1e&x=0&y=gzpcua

PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958 Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721 Fax: [6332] 495 4938
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com
Web: http://www.plcglobalpinoy.com

KiBeN

September 23rd, 2006, 04:38 PM

nung sunday...
http://img131.imageshack.us/img131/7606/dsc00663zw8.jpg

Lili

September 24th, 2006, 05:40 AM

^^ That looks so tall. How many floors will there be in that building? Pardon me, I'm lazy to backtrack on the threads.

Wow. They are increasing the selling price of the units. The price appreciation in that area is fast. What drives it?

3cr

September 24th, 2006, 09:49 AM

PLCMarketing

September 24th, 2006, 01:57 PM

Wow Lancaster Suites pricing is almost the same that of St.Francis, Rockwell/Makati, and Fort Boni prices na rin pala. Just like what Lili said, very quick price increase/appreciation and with that kind of appreciation in equity/pricing, lucky are those who have invested early in realestate when prices of units/properties were still really cheap then. Tiba-tiba na talaga by the time units are turned-over. Good news indeed and may the realestate boom continue! :okay: :okay: :okay:

“We believe, gauged on sales activities for the past 12 months, that THE PHILIPPINES is on the crest of what could be the country's biggest property boom in nearly three decades fueled by money from overseas Filipinos, investments from businessmen, Foreign Property Investors” said Beth Collingz of PLC International, one of the lead listing partners and marketing managers of Pacific Concord Properties, Inc., Lancaster Suites developments in Metro Manila.

At least $1 billion in remittances from Filipinos alone, living or working abroad flow in every month, not to mention the inflow of Foreign Real Estate Investors as the market in the United States turns from a sellers to buyer’s market advantage amidst highest ever Oil and Commodity prices.

A high percentage of these inward remittances goes into buying new houses for their families, high-end condos or resort homes for their own use and in Condo Hotel or “Condotel” Investments as Income Earning Properties.

Pacific Concord Properties, Inc., was one of the first firms to tap the overseas market, which now accounts for more than two third’s of its sales in both it’s Lancaster Suites Manila and Lancaster Cebu developments.

The Lancaster Suites Manila Tower I development located along Shaw Boulevard, Metro Manila was completely “Sold Out” during 2005… “The only thing I have available in Tower I is a Parking Slot” enthuses PLC International Marketing Networks Director Beth Collingz continuing “We could have sold Tower I Twice Over” such is the demand for Condotel Suites”

Condotels or Condo Hotels are probably the fastest growth areas in the hotel industry today. Condotels have been around for quite a while now, and have been "Hot Investment Properties In The US" for some time. Condotels that used to be available in vacation locations are now popping up all over the US thanks to the biggest names in the industry like Donald Trump as well as smaller companies who are making huge profits in less known areas. In the United States the highest concentration of Condotels today can be found in Las Vegas or Florida. In the Philippines Condotels can now be found in Manila and Cebu. Pacific Concord Properties Inc., The Lancaster Cebu Resort Residences in Mactan, Cebu and Lancaster Suites Manila are prime examples of the new breed of Smart Real Estate Investment Properties now available in the Philippine Real Estate Market.

But what exactly are "Condotels". A Condotel or Condo Hotel, is a combination of hotel and a condo. You can think of it as the best of all worlds. Operating like a hotel, usually with more amenities that a normal residential condominium building, the Condotel units are individually owned by many different owners. While different complexes and resorts may vary, most give you the choice of renting the units out or using them for personal use. Many of them have a rental program and management on the premises, getting rid of all the hassles that landlords always encounter.

Benefits of owning a Condotel

What are the benefits to owning a Condotel rather than other real estate investments? There are many!

Rent Revenue: Condotel units will produce rental revenues. That revenue can partially or completely offset the costs of owning and maintaining the Vacation Home

Appreciation Potential: The best selling point of Condotels as investment property is the rate at which they appreciate. Especially when purchasing at the pre-construction stage of the project. The rate of appreciation throughout the Philippines is generally negative especially in rural areas. However, cities such as Metro Manila and Cebu see annual property appreciation rates depending upon locations between 10% to 18%. Most Condotels are located specifically in areas that have seen and continue to see high appreciation rates such as Metro Manila and Mactan, Cebu. Furthermore, it is the Condotel Properties that are seeing higher appreciation rates than traditional single family homes and condos.

Diminished Supply Of Available Land: Desirable locations to build in the Philippines are not limitless. There is a dwindling supply of available land in key markets such as Metro Manila's much sought after Ortigas Center and Makati locales. In Cebu, the highly desirable Mactan is an Island and available building land at prime locations are fast being sold which ensures that Condotels built in these locations will have seen significant real property appreciation.

Condotels Appeal To International Investors: Condotels are particularly attractive to International Investors whom wish to own a Vacation Home and an Investment Property in the Philippines and yet don't have any of the hassles of maintenance or renting out the property when they are not using it. With property values flattening off and rental incomes weakening in US the Philippines, only 16 hours away, offers an idea alternative at prices far less than anything available in the US. Less than $49,500 will purchase a reasonable, fully furnished, 400sqft Studio at the Lancaster Cebu with projected Annual ROI through Rental Incomes of some 12-14%. The new Lancaster Suites Manila Atrium Tower II presents an even better purchase opportunity for International Property Investors. Studio Suites, at the Initial Launch Price can be purchased from $29,300.00 with current projected Real Property Appreciation of some 80-100% during construction and a projected 120% Appreciation on turnover of the unit in 2010. Purchasing at this Launch Price would give a projected Annual ROI through future Rental Incomes of some 16-18% per annum when operational from later part of 2010. Additionally, the value of the Philippine Peso has enabled many European and American Investors to obtain upscale Condotel units for what amounts to "Bargain Prices" or for the same price as a "Garage" back home.

What most people do is have the management rent the units out for them to defray the costs, and sometimes even creating a positive cash-flow, it becomes a "Self-Liquidating" investment free from maintenance expense. If you feel like going on vacation, simply call up the management company and let them know that you'll be using your unit on specific dates, and they set it aside so no-one else uses it. Normally 30 days per annum are allowed for Owner Use of the units enrolled in a Condotel Rental Pool. Most Condotels now operate on a common or cooperative basis with rental incomes equitably divided between the unit owners irrespective of actual unit usage. This means that even if your unit was not rented out during any particular month you will always receive an equal share of the rental income from the pooled net operations income.

The Smart “Self-Liquidating” Investment Advantage !

Many of our clients are now purchasing the fully furnished “Ready-For-Occupancy” Condotel Suites at the Lancaster Cebu Resort Residences that will be become operational within the year, thereby realizing Rental Incomes, and using the rental income to Purchase a Studio Suite at the Lancaster Suites Manila Atrium Tower II on a “No-Down Payment” 5 year Interest Free Payment Plan with only $538 Monthly Installments enthuses Beth Collingz, Director, PLC International Marketing Networks. Condotels also have been appreciating in value at rapid rates in the last few years. Many investors have made incredible profits just purchasing and selling these units, which is known as flipping.

Where would I normally find Condotels?

PLC International Marketing Networks together with the PLC Global Filipino Agency focuses on the sale and marketing of Condotels in Manila & Cebu. If you want to learn more about where you can find condotels, check out Pacific Concord Properties Lancaster Cebu Resort Residences and Pacific Concord Properties Lancaster Suites Manila and the Mactan, Cebu

How much do Condotels cost and can you finance them?

Condotels have a vast range in price. This is another benefit of Condotel investments. Most offer Studio, One Bedroom, Two Bedroom, Three Bedroom and Penthouse Suites. No matter what your price range is, there is something out there for almost anyone. In the Philippines, Lancaster Suites Manila range between $29,000 and $250,000, Lancaster Cebu Resort Residences range between $49,600 and $105,000 so regardless of your price range, there should be something for you.

Although financing has been difficult in the past on real estate investments in Philippines especially for Foreign Nationals through local Banks, they have been getting much better in the past several years. Not too long ago, you would have to cough up a minimum of what amounts to 50% down in order to be able to finance the purchase of a unit. Now, developers have their own "In-House" No Qualification Finance Purchase Arrangements. Pacific Concord Properties adopts the International Standard of Escrow Trust Account Banking for all buyer's payments and units at the Lancaster Suites Manila may be purchased on No Down Payment Plans with payment periods up to 12 years. Interest Free No Down Payment Plans are also available for payment periods of up to 5 years. Whilst the Lancaster Cebu Resort Residences may also be purchase on minimal 15% Down Payment Plans with payment periods up to 5 years. Interest Free No Down Payment Plans are also available for period of up to 2 years. For more information on Pacific Concord Properties 'In-House No Pre-Qualification" financing plans, contact Beth Collingz of PLC International Marketing Networks in Manila or Cebu.

What is the best time to buy a Condotel unit?

There is a limited inventory of Condotel units, and there selling fast. Pacific Concord Properties The Lancaster Suites Manila Tower 1 "Sold Out" in record time. Most Condotels are sold out during the pre-construction and construction phase. As word continues to spread about the Condotel Developments of Pacific Concord Properties in Manila and Cebu, more and more investors from around the World, and not only Filipino Americans, are looking to participate in these solid investment opportunities.

Furthermore, because demand is outpacing supply, appreciation has been significant and rapid. In less than 24 months Pacific Concord Properties Lancaster Suites Manila Tower I saw prices appreciate from [Pesos] 43,000 to the current price of 78,000 per square meter or some 80% whilst the Lancaster Cebu Resort Residences have seen prices appreciate during the past 6 months alone from [Pesos] 64,000 to 83,200 per square meter or some 30%. With Foreign Exchange Rates stabilized, now is the best time to act. Better yet, Pacific Concord Properties Inc provides Buyer’s the opportunity to avail of “Fixed Price” US Dollar denominated Contracts taking out any risk in Exchange Rate Fluctuations.

Globalization of Philippine Real Estate MarketingTotal Globalization through use of the Internet has made an immediate impact on real estate markets in the Philippines attracting the attention of Real Estate Professionals Worldwide. Many Realtors heretofore with a local focus are looking to expand their businesses into the International Arena to take advantage of the Millions of Filipinos living and working all over the World. The rapid growth of the Internet has made the International Market accessible to millions of potential buyers and sellers of Real Estate. Current estimates are that more than 650 million people are directly online with another 300 million using Internet Cafes and by 2006 that number will have reached close to 1.5 billion. Most of the growth will take place in Asia, Latin America and parts of Europe.

Filipinos alone account for some 12 million Global Internet users

The value of commerce connected to the real estate industry is staggering. Residential real estate sales in 2005 for the U.S. alone approximately one trillion U.S. dollars. As a result, many well-established companies and newly formed start-ups view the Global Real Estate market as a source for significant revenue potential.

PLC International Marketing Networks a Philippine Real Estate Internet Marketing Company specializing in the Sales & Marketing of Condotels in Manila & Cebu, announced the accreditation of the 1200th agent in their less than six-month marketing partnership with the PLC Global Filipino Agency. The alliance has resulted in immediate success for many of it’s Member Realtors, Brokers, Agents and International Marketing Partners. Realtor surveys show that 70% of all buyers and sellers of Real Estate now begin their home search online.

PLC Global Filipino Agency gives the agent the ability to have a personalized, high performance, all-inclusive, website at an NO cost. Through PLC Global, buyers and sellers worldwide are able to quickly and easily reach the agent's website, participate in Real Estate Forums, ask questions and post properties for sale or properties wanted to buy. This key feature, in tandem with the proven visitor-to-lead conversion statistic of PLC International Marketing Networks Excellence in Website Service, turns PLC Global into a lead-generating machine for it’s members

PLC Global allows agents to select local areas where they do business, post properties for sale or properties wanted and to receive website inquiries from potential buyers in those targeted markets. These inquiries are delivered directly to the agent's forum. The service is FREE and you can access the Global Market from anywhere PLC Global Director, Beth Collingz states, "Identifying and providing strong services to enhance our clients' success has always been a top priority for PLC International Marketing Networks. PLC Global Filipino Agency is now providing the prospects our clients are receiving and some of the best available information on Philippine Real Estate via the Internet”. PLC Global is dedicated to broadening the agent's reach from traditional local marketing to the online marketplace where three out of four real estate transactions begin with an Internet search

PLC International Marketing Networks is a Real Estate Internet Marketing Company based in Metro Manila with Branch Office in Cebu serving thousands of Filipino Real Estate Agents across the Globe. The company specializes in Sales for the Lancaster Suites Manila Condotel consisting of Three 42 Storey Towers located in Shaw Boulevard, Metro Manila and the Lancaster Cebu Resort Residences Condotel Developments of Pacific Concord Properties by both direct marketing and email marketing and through it’s extensive International Network of Realtors, Brokers, Agents and Accredited Marketing Partners.

PLC International Marketing Networks were recently awarded “Best Broker Awards For 2005” by Pacific Concord Properties in recognition of the high volume of sales generate for the developments via the Global Agency. In 2006 PLC International Marketing Networks fully intends to maintain it’s Number 1 spot as the “Best Marketing Partner” of Pacific Concord Properties.

If you are interested to be a part of our Marketing Network for the Lancaster Condotel Developments in Manila or Mactan, Cebu or to reserve Prime location Units now at the Current Price Offering for the Condotel Suites and extended payment terms and stand to earn at least 70-80% in Property Appreciation by completion 2009/2010 please contact us as soon as possible so that we can forward to you full details, pricing, terms of payment, floor plans and our recommended selection of available units.....

To find out more info on Condotel Investments in the Philippines, join the Condotel Forum on http://www.lancastersuites.com

Or for more information call PLC Global in Manila [63 2] 717 1958 or in Cebu [63 32] 340 0721 or send us an Email on plcsales@pldtdsl.net

Watch for the Launch of our New Website & Forum on www.lancastersuites.com
Watch for the Launch of our New Webring & Forum on www.plcglobalpinoy.com

thomasian

September 26th, 2006, 03:07 PM

Kaninang hapon...

09.26.06[/B]

http://i20.photobucket.com/albums/b210/ofngol/Photo_092606_003.jpg

gmb

September 27th, 2006, 04:21 AM

Ang taas naman !!! Ilang floors ba ang towers I, II & III?

PLCMarketing

September 27th, 2006, 10:40 AM

Ang taas naman !!! Ilang floors ba ang towers I, II & III?

The Lancaster Suites Tower I is 42-Storey. Towers II & III which are combined twin towers to form the Lancaster Atrium are also 42-Storey each...

If you need any info regarding Condotel Investments in the Philippines at the Lancaster Suites, please feel free to contact us:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc
Shaw Boulevard, Metro Manila
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com
Web: http://www.plcglobalpinoy.com

gmb

September 29th, 2006, 03:58 PM

Thanks PLC for the info. Grabe naman ang bagyo... any pic of the tower after the typhoon? :runaway:

PLCMarketing

September 30th, 2006, 01:59 PM

Thanks PLC for the info. Grabe naman ang bagyo... any pic of the tower after the typhoon? :runaway:

Always a pleasure to keep everyone updated on the developments at Lancaster Suites, Shaw.....

I dont have any photos as of today taken after the typhoon :dunno:

Maybe some of our handy photo members here will post something soon!

The Lancaster Suites Team Updates......

Pacific Concord Properties, Inc. is proud to announce its collaboration with some of the real estate industry’s best players to complete and put the finishing touches on its maiden project, the Lancaster Suites Tower 1.

The task of providing efficient and state-of-the-art elevators has been entrusted to the Jardine Schindler Group. Founded in 1974, it is a joint venture between Jardine Matheson of Hong Kong and Schindler Group of Switzerland, and currently covers thirteen countries while employing approximately 3,000 people. Schindler is the preferred elevator of most 5-star hotels and commercial developments in the Philippines, with units installed at The Makati Shangri-La Hotel, The EDSA Plaza Hotel, The Shangri-La Plaza Mall, The Peninsula Manila, among others.

Songsong + Periquet Architecture Interiors (S+P) are at the helm of interior design works for the entire project, from the lobby to the commercial area and the condominium units for Condotel Pool participants. Established in 1987 by Arch. Joel L. Songsong and Ogie Periquet, PIID, S+P initially concentrated in providing personalized service for residential and commercial projects, but has expanded its services to include a variety of large-scale commercial/industrial projects, educational, recreational as well as mixed-use developments. Their recently completed projects include The Crowne Plaza Galleria-Manila, Cebu Midtown Hotel, De La Salle University College of Education, Holiday-Inn Galleria Manila, One Corporate Plaza and Baguio Country Club.

Electrical, mechanical and water-proofing works are being undertaken by Romago Incorporated, backed by over 60 years of quality commitment to excellence in the electro-mechanical design and installation business. Included in their prestigious roster of projects are The Philippine International Convention Center (PICC), Cultural Center of the Philippines (CCP), The Manila Hotel, The Central Bank of the Philippines, SM North, SM Megamall, Metro Rail Transit (MRT), Rizal Commercial Bank Plaza, Far East Bank and Trust Co. Head Office, and The Manila Southwoods Golf and Country Club.

To ensure the quality and aesthetic value of our Aluminum and Glass Works, we have commissioned Wall Vision Corporation, one of the leading providers of finishing systems in the country. Since 1998, the company has strived to make a name for itself in the industry by providing high quality and uncompromising design, planning, fabrication, installation and management of architectural aluminum and glass products application. Its key technical staff has an average of 14 years’ experience in the industry, most of whom had pivotal roles in the aluminum and glass works of monumental projects in the Philippines. Their latest projects include the ABS-CBN Building, The Rockwell Center, The Philippine Aerospace Museum and The Insular Life Building.

More Info on Condotels can be seen on our new site http://www.plcglobalpinoy.com

:cheers2:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites Manila
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com

gmb

October 3rd, 2006, 04:41 AM

Wala pa ring pic ng tower after the typhoon? Baka wala na yung tower kasi walang pic... ngek !!! Sana naman andun pa...:)

PLCMarketing

October 3rd, 2006, 05:54 PM

Wala pa ring pic ng tower after the typhoon? Baka wala na yung tower kasi walang pic... ngek !!! Sana naman andun pa...:)

Well why dont you take a pic then ! It's the same now as it was last week except some more finishing works on the exteriors and a lot of work ongoing 24/7 on the interiors, installation of elevators etc........:cheers2:

PLCMarketing

October 27th, 2006, 02:27 PM

New Prices & Terms of Payment for Lancaster Atrium Suites Manila....

Pacific Concord Properties, Inc., Flagship Lancaster Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, one of the hottest Condotel Investments in the Philippines

To be called Lancaster Atrium [which is the second Tower adjacent to the existing “Sold Out” Tower I] we are now accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year "In-House" financing available, full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity
Lancaster Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is a "Full Service" Condominium Hotel ["Condotel"] offering Studio, One, Two and Three Bedroom Suites for sale.

To be completed and ready for turnover from December 2009, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool.

Great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 14-16% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be finished but not fully furnished. Included in the current price are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, living and dining area tiled floorings and lower kitchen cabinets/work tops installed. A complete optional extra interior fit-out package including appliances will be available towards the time the units are closer to being completed towards the latter part of 2009. Monthly condo dues in the Ortigas Area are currently around 60/80 pesos/square meter of the unit floor area/month..

Lancaster Tower A Shaw, Boulevard, Metro Manila. New Payment Plans Effective October 15, 2006... Introducing the New Payment Plans for Lancaster Atrium Manila Tower A

The Lancaster Atrium Suites are now available on the very affordable and competitive New Payment Plan that provides for Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans...

Effective October 1, 2006 the selling price Lancaster Manila Atrium Tower A Tax Exempt Studio Units is Pesos 75,888 or $1,518.00 per sqm. The One Bedroom, Two and Three Bedroom Suites are priced at Pesos 84,994.56 or $1,700.16 per sqm including Government Taxes [R-Vat 12%]. Units may be purchased on a Six Year No Interest Charge Term of payment or longer term "In-House" financing plans. Turnover of units for Tower A will be from December 2009.

All payments will be made to the Lancaster Suites Manila Atrium Tower A Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower A Atrium Units will be at least 70-80% on completion and 100% on turnover of units from December 2009

Make sure you reserve a Unit Now at Current Price Offerings and extended terms of payment and stand to earn at least 70-80% in Real Property Appreciation by completion of units in 2009/2010

With current Global Structural Steel and Reinforced Steel Bar Prices increasing some 50%, we anticipate further price increases effective from December 2006

Lancaster Suites Manila Atrium Tower A Reservations

Executive Studio Suites
Price: October 1, 2006

Lancaster Suites Manila Atrium Tower II Executive Studio Suites. Average Floor Area 28.17 square meter [304sqft] at $1,518.00/sqm. USD 42,762.06. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay or the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium.

The Current Price for a Studio Suite provides it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 72 consecutive equal monthly payments of USD 586.97. Alternatively Save USD 2,535.72 by making the Reservation, USD 500.00 then within 30 days a 30% Net Discounted Down Payment of USD 10,142.89 and Balance payable without interest over 72 consecutive equal monthly payments of USD 410.88.

The Lancaster Atrium Executive Studio Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans... Pay only USD 500.00 Reservation for a 28.17 sqm [304 sqft Executive Studio [Contract Price USD 42,762.06] then 60 consecutive monthly payments of only USD 471.93 with the balance of USD 13,946.48 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Another alternative, Save USD 5,663.11 by making the Reservation, USD 500.00 then within 30 days a 67% Net Down Discounted Payment of USD 22,652.46 and the remaining 33% [USD 13,946.48] on unit turnover from December 2009

Cash Payment option, take a full 20% discount [Save USD 8,552.41] on the unit price... Pay 90% Now [USD 30,788.68] and the remaining 10% [USD 3,420.96] on unit turnover from December 2009

Executive Studio DeLuxe Suites
Price: October 1, 2006

Lancaster Suites Manila Atrium Tower A Executive DeLuxe Studio Suites. Average Floor Area 32.50 square meters [350sqft] at $1,518.00/sqm. USD 49,335.00. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck. All units within the Lancaster Suites Manila Atrium. The Current Offer for a Studio Suite provides that it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 72 consecutive equal monthly payments of USD 678.26. Alternatively Save USD 2,930.10 by making the Reservation, USD 500.00 then within 30 days a 30% Net Discounted Down Payment of USD 11,720.40 and Balance payable without interest over 72 consecutive equal monthly payments of USD 474.78.

The Lancaster Atrium Executive DeLuxe Studio Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans.

Pay only USD 500.00 Reservation for a 32.50sqm [350sqft Executive Studio [Contract Price USD 49,335.00] then 60 consecutive monthly payments of only USD 545.32 with the balance of USD 16,115.55 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Another alternative, Save USD 6,543.89 by making the Reservation, USD 500.00 then within 30 days a 67% Net Discounted Down Payment of USD 26,175.56 and the remaining 33% [USD 16,115.55] on unit turnover from December 2009

Cash Payment option, take a full 20% discount [Save USD 9,867.00] on the unit price... Pay 90% Now [USD 35,521.20] and the remaining 10% [USD 3,946.80]on unit turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
One Bedroom Corner Suites
Price: October 1, 2006

Lancaster Suites Manila Atrium Tower A One Bedroom Corner Suites Average Floor Area 62.82 square meters [675 sqft] at $1,700.16/sqm. USD 106,804.05 [Including Taxes] These units are all Corner Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within the Lancaster Suites Manila Atrium.

Current Special Offer for a One Bedroom Suite provides that it may be purchased with a Reservation Fee USD 500.00 and Balance Payable without interest over 72 consecutive equal monthly payments of USD 1,476.44. Alternatively Save USD 6,378.24 by making the Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 25,512.97 Balance payable without interest over 72 consecutive equal monthly payments of USD 1,033.51.

The Lancaster Atrium One Bedroom Corner Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans...

Pay only USD 500.00 Reservation for a 62.82 sqm [675 sqft One Bedroom Suite [Contract Price USD 106,804.05] then 60 consecutive monthly payments of only USD 1,187.06 with the balance of USD 35,080.34 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Another alternative, Save USD 14,244.74 by making the Reservation, USD 500.00 then within 30 days a 67% Net Discounted Down Payment of USD 56,978.97 and the remaining 33% [USD 35,080.34] on unit turnover from December 2009

Cash Payment option, take a full 20% discount [Save USD 21,360.81] on the unit price. Pay 90% Now [USD 76,898.92] and the remaining 10% [USD 8,544.32] on unit turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
One Bedroom "Loft Type" Suites
Price: October 1, 2006

Lancaster Suites Manila Atrium Tower A Executive 1 Bedroom "Loft Type" Suites. Floor Area 50.69 sqm [546 sqft] at $1,700.16/sqm. USD 86,181.11 [Including Taxes] These 2-Storey 'Loft Type' units are overlooking the Swimming Pool Deck. All units within Lancaster Suites Manila Atrium.

Current Special Offer for a One Bedroom "Loft Type" Suite provides purchases with a Reservation Fee USD 500.00 and Balance Payable without interest over 72 consecutive equal monthly payments of only USD 1,190.02. Alternatively Save USD 5,140.86 by making a Reservation, USD 500.00 then within 30 days a 30% Net Down Payment of USD 20,563.47 resulting Balance payable without interest over 72 consecutive equal monthly payments of USD 833.02.

The Lancaster Atrium One Bedroom "loft Type" Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans.

Pay only USD 500.00 Reservation for a 50.69 sqm [546 sqft One Bedroom "Loft Type" Suite [Contract Price USD 86,181.11] then 60 consecutive monthly payments of only USD 956.77 with the balance of USD 28,274.77 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Another alternative, Save USD 11,481.28 by making the Reservation, USD 500.00 then within 30 days a 67% Net Discounted Down Payment of USD 45,925.07 and the remaining 33% [USD 28,274.77] on unit turnover from December 2009

Cash Payment option, take a full 20% discount [Save USD 17,236.22] on the unit price. Pay 90% Now [USD 62,050.40] and the remaining 10% [USD 6,894.49] on unit turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
Two Bedroom Loft Type Suites
Price: October 1, 2006

Lancaster Suites Manila Atrium Tower A Executive Two Bedroom Loft Type Suites. Floor Area 75.67 square meters [815sqft] at $1,700.16/sqm. USD 128,651.11 [Including Tax] These units are all 2-Storey "Loft-Type" Suites either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards Manila Bay and the Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium. The Special Offer for Two Bedroom Suites provides they may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 72 consecutive equal monthly payments of USD 1,779.88. Alternatively Save USD 7,689.06 by making a Reservation USD 500.00 then within 30 days a 30% Net Down Payment of USD 30,756.27 and Balance payable without interest over 72 consecutive equal monthly payments of USD 1,245.91.

The Lancaster Atrium Two Bedroom 'Loft Type" Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans.

Pay only USD 500.00 Reservation for a 75.67 sqm [815 sqft] Two Bedroom "Loft Type" Suite [Contract Price USD 128,651.11] then 60 equal consecutive monthly payments of only USD 1,431.02 with the balance of USD 42,289.87 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Another alternative, Save USD 17,172.24 by making the Reservation, USD 500.00 then within 30 days a 67% Net Discounted Down Payment of USD 68,689.00 and the remaining 33% [USD 42,289.87] on unit turnover from December 2009

Cash Payment option, take a full 20% discount [Save USD 25,730.22] on the unit price. Pay 90% Now [USD 92,628.80] and the remaining 10% [USD 10,292.09] on unit turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
Three Bedroom "Loft-Type Corner Suites
Price: October 1, 2006

Lancaster Atrium Tower A Executive Three Bedroom Loft Type Suites. Average Floor Area 106.00 square meters [1140sqft] at $1,700.16/sqm. USD 180,216.96 [Including Taxes] These units are all "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. All units are within Lancaster Suites Manila Atrium.

The Current Special Offer for the Three Bedroom Suites provides purchases can be made with only USD 500.00 Reservation Balance Payable without interest over 72 consecutive equal monthly payments USD 2,496.07. Alternatively Save USD 10,783.00 by making the Reservation, USD 500.00 then within 30 days 30% Net Discounted Down Payment of USD 43,132.08 and Balance payable without interest over 72 consecutive equal monthly payments USD 1,747.25.

The Lancaster Atrium Three Bedroom Corner Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans.

Pay only USD 500.00 Reservation for a 106.00 sqm [1140 sqft Three Bedroom Suite [Contract Price USD 180,216.96] then 60 consecutive monthly payments of only USD 2,006.84 with the balance of USD 59,306.60 either payable in cash on turnover or to be financed over another 60 months payment plan.

Another alternative, Save USD 24,082.07 by making th Reservation, USD 500.00 then within 30 days a 67% Net Discounted Down Payment of USD 96,328.29 and the remaining 33% [USD 59,306.60] on unit turnover from December 2009

Cash Payment option, take a full 20% discount [Save USD 36,043.39] on the unit price.... Pay 90% Now [USD 129,756.21] and the remaining 10% [USD 14,417.36] on unit turnover from December 2009

Lancaster Suites Manila Atrium Tower A Reservations
Three Bedroom Penthouse Suites
Price: October 1, 2006

Lancaster Atrium Tower A Executive Three Bedroom Penthouse Suites. Average Floor Area 136.30 square meters [1467 sqft] at $1,856.96/sqm. USD 253,103.65 [Including Taxes] These units are all 2-Storey Loft-Type "Corner Suites" either facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool Deck. Current Special Offer for Penthouse Suites provide purchases with USD 500.00 Reservation and Balance Payable without interest over 72 consecutive equal monthly payments USD 3,508.38. Alternatively Save USD 15,156.21 by making the Reservation, USD 500.00 then within 30 days 30% Net Down Payment of USD 60,624.88 and Balance payable without interest over 72 consecutive equal monthly payments USD 2,455.87.

The Lancaster Atrium Penthouse Suites are also now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans.

Pay only USD 500.00 Reservation for a 136.30 sqm [1467 sqft One Bedroom Suite [Contract Price USD 253,103.65] then 60 consecutive monthly payments of only USD 2,820.74 with the balance of USD 83,359.21 either payable in cash on turnover or to be financed over another 60 months payment plan.....

Another alternative, Save USD 33,848.88 by making the Reservation, USD 500.00 then within 30 days a 67% Net Discounted Down Payment of USD 135,395.56 and the remaining 33% [USD 83,359.21] on unit turnover from December 2009

Cash Payment option, take a full 20% discount [Save USD 50,620.73] on the unit price. Pay 90% Now [USD 182,234.62] and the remaining 10% [USD 20,248.30] on unit turnover from December 2009

PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard. Mandaluyong City.
Metro Manila. Philippines 1552
Phone: Manila [63 2] 717 1958
Fax: Manila [63 2] 718 1828
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]
Web: http://www.plcglobalpinoy.com [Condotel Webring]

berlin

November 7th, 2006, 07:29 AM

Hi PLC,

Will this be ready by April or June 2007? What about the Pool in the middle? Also if there's construction next door, will there be loud noises?

Thanks

PLCMarketing

November 7th, 2006, 09:58 AM

Hi PLC,

Will this be ready by April or June 2007? What about the Pool in the middle? Also if there's construction next door, will there be loud noises?

Thanks

For Lancaster Suites Manila Tower I, we will start inviting unit owners to view their units commencing January 2007. The full completion of the building is estimated as early as February/March 2007 however, commissioning of machineries and equipment such as water pumps, generators, etc. to ensure that everything is running smoothly will take a month or two later. At this point initial occupancy of unit owners (who will not join the condotel pool) can be expected. Actual turnover will depend on the acceptance of the unit buyers of his/her unit. For those who will be joining the condotel poool, unit turnover will start on the from 2nd quarter of 2007 since we have to fit out and furnish the units based on hotel standards. We expect to soft launch the Lancaster Suites Condotel operations by beginning of 3rd quarter 2007.

Construction of the Podium extension between Towers 1 & The New Lancaster Atrium [Tower II] will commence from March/April 2007 so that the Swimming Pool which is located on the Podium Pool Deck will be operational ahead of completion of Tower II... In the meantime, unit owners of Tower I will be able to use the Pool located on the Roof Deck.

As to any noise from Construction, this can't be avoided much the same as any other building being constructed next door to any existing building and in any case, this is only temporary. Surprisingly, very little noise is heard from the construction of high rise buildings because noise is dissipated by air volume unlike construction works in a confined environment.......... :cheers:

PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard. Mandaluyong City.
Metro Manila. Philippines 1552
Phone: Manila [63 2] 717 1958
Fax: Manila [63 2] 718 1828
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]
Web: http://www.plcglobalpinoy.com [Condotel Webring]

JohnNova

November 8th, 2006, 07:13 PM

PLCMarketing

November 9th, 2006, 02:06 AM

I am a little disappointed that the developer is gonna miss its deadline on the completion of the units. I really thought that they were going to be on time as the project seemed to be progessing on time. The units were supposed to be turnovered by Jan 2007.

I like though, how the developers are saying that the building will be complete by January 2007, but with no water, no elevators but available for viewing. Condotel will not be operation till third quarter of 2007, oh well another missed deadline in the Philippines which is no surprise to me.

I was planning on going in January to furnish my unit but I think I might have to wait as we get closer to a turnover date.

The original full completion date of the development of Tower I is July 2007. We are now looking at an earlier February/March 2007 date. Schindler Elevators are already being installed as of this writing, and the main water and electrical systems in the building are already complete. Turnover of units will commence from January 2007 for those clients wishing to start the fit out of the retail spaces in the Lancaster Mall, Lobby and Mazzanine levels. Thereafter residential unit turnover will commence. Normal comissioning time and turnover of units on a building of this size is anything from 3-6 months.

I dont think the developer is delayed or missed its deadline.... and if you compare other buildings in the area that commenced at the more or less the same time, Lancaster is obviously much closer to completion. The Lancaster developers are not like other contractors whom miss their deadlines by 3, 5, even 10 years in the making.....:cheers:

PLCMarketing

November 15th, 2006, 08:24 AM

Pacific Concord Properties, Inc. is proud to announce its collaboration with some of the real estate industry’s best players to complete and put the finishing touches on its Lancaster Suites Tower 1 Condotel Development in Metro Manila, Philippines.

The task of providing efficient and state-of-the-art elevators has been entrusted to the Jardine Schindler Group. Founded in 1974, it is a joint venture between Jardine Matheson of Hong Kong and Schindler Group of Switzerland, and currently covers thirteen countries while employing approximately 3,000 people. Schindler is the preferred elevator of most 5-star hotels and commercial developments in the Philippines, with units installed at The Makati Shangri-La Hotel, The EDSA Plaza Hotel, The Shangri-La Plaza Mall, The Peninsula Manila, among others.

Songsong + Periquet Architecture Interiors (S+P) are at the helm of interior design works for the entire project, from the lobby to the commercial area and the condominium units for Condotel Pool participants. Established in 1987 by Arch. Joel L. Songsong and Ogie Periquet, PIID, S+P initially concentrated in providing personalized service for residential and commercial projects, but has expanded its services to include a variety of large-scale commercial/industrial projects, educational, recreational as well as mixed-use developments. Their recently completed projects include The Crowne Plaza Galleria-Manila, Cebu Midtown Hotel, De La Salle University College of Education, Holiday-Inn Galleria Manila, One Corporate Plaza and Baguio Country Club.

Electrical, mechanical and water-proofing works are being undertaken by Romago Incorporated, backed by over 60 years of quality commitment to excellence in the electro-mechanical design and installation business. Included in their prestigious roster of projects are The Philippine International Convention Center (PICC), Cultural Center of the Philippines (CCP), The Manila Hotel, The Central Bank of the Philippines, SM North, SM Megamall, Metro Rail Transit (MRT), Rizal Commercial Bank Plaza, Far East Bank and Trust Co. Head Office, and The Manila Southwoods Golf and Country Club.

To ensure the quality and aesthetic value of our Aluminum and Glass Works, we have commissioned Wall Vision Corporation, one of the leading providers of finishing systems in the country. Since 1998, the company has strived to make a name for itself in the industry by providing high quality and uncompromising design, planning, fabrication, installation and management of architectural aluminum and glass products application. Its key technical staff has an average of 14 years’ experience in the industry, most of whom had pivotal roles in the aluminum and glass works of monumental projects in the Philippines. Their latest projects include the ABS-CBN Building, The Rockwell Center, The Philippine Aerospace Museum and The Insular Life Building.

The Company will start inviting unit owners to view their units in the Lancaster Suites Tower I development located along Shaw Boulevard,
Metro Manila, commencing January 2007. The full completion of the building is estimated as early as February/March 2007 however, commissioning of machineries and equipment such as water pumps, generators, etc. to ensure that everything is running smoothly will take a month or two later. At this point initial occupancy of unit owners (who will not join the condotel pool) can be expected. Actual turnover will depend on the acceptance of the unit buyers of his/her unit. For those who will be joining the condotel pool, unit turnover will start from 2nd quarter 2007 since the Condotel Suites are subject to additional fit out and furnishing requirements based on hotel standards.

For inquiries and further imformation please do not hesitate to contact us...

PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites Manila
Shaw Boulevard, Mandaluyong City
Metro Manila. Philippines 1552
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com
Web: http://www.plcglobalpinoy.com

PLCMarketing

November 19th, 2006, 06:23 AM

Pacific Concord Properties Inc is taking full advantage of the United States Retirement and Condotel Investment Market with it's Flagship Lancaster Atrium Development in Shaw Boulevard, Metro Manila.

For many Americans, retirement time is just around the corner. At home, with low interest rates and high cost of living, the prospect of trying to live on a pension, in old age, is a daunting one unless you are preapred to substantially downscale your lifestyle. For some, moving to retire in another country is an option which has been successful in the past with Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. But why not consider retiring in the Philippines?

Over the past decade, the Philippines has become a retirement haven for thousands of foreigners, particularly the Japanese, Korean, and Northern Europeans. Along with Thailand and Malaysia, the Philippines developed communications, infrastructure, and service delivery systems specifically geared to meet the needs of foreign retirees. Better yet, unlike most European Countries and South America, nearly everyone speaks ENGLISH in the Philippines.

The Philippines offers a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is approximately PhP 50 to $ 1.00 or PhP 94 to 1 Pound [Sterling (GBP)]. Housing, food, and labor costs are quite reasonable. A One bedroom condominium can be purchased for around $ 60,000 or GBP 32,500 or a Studio for only $ 34,000 or GBP 18,000 and one can dine out on average at a three star restaurant for less than PhP 500. If you hire domestic help, a private driver’s salary is approximately PhP 10,000/month, while trained housekeepers earn approximately -PhP 5,000/month. These salaries are lower if you live in the provinces.

Cable Television, Hi-Speed Internet and Satellite Communications are cheap. One can hire an air-conditioned taxicab for eight hours for less than $25.00. In a country where a provincial Governor’s salary is only PhP 28,000 per month, and a Presidential Cabinet Under-Secretary earns PhP 35,000, your pension can go a long way. So, if you have a retirement income of approximately $1,500 to $2,000 per month ( PhP 80,000 to 100,000) you can live quite well in the Philippines.

As for health care, most U.S. Health Management Organizations pay for medical expenses incurred in the Philippines. Check with your HMO. The Philippine Department of Foreign Affairs presently has a task force headed by former Secretary Roberto Romulo working to have the U.S. government accredit a number of first class Philippine hospitals for Medicare reimbursement. The Makati Medical Center, one of the nation’s best already has such accreditation. Unbeknown to many is that for years, citizens of nearby countries such as Thailand, Nauru, Tonga, Indonesia, and Malaysia have flocked to the Philippines for medical care, particularly sensitive surgical procedures. The quality of medical care at the better Manila hospitals such as the Asian, St. Luke’s, Medical city, Cardinal Santos, Philippine Heart Center for Asia, National Kidney Institute, and Makati Medical Center meets international standards.

A Japanese company is building a medical facility in Tagaytay city exclusively for Japanese nationals within the year. There are now close to 10,000 Japanese retirees in the country, and the number is growing annually. The British government recently acquired a large tract of land in Fort Bonifacio to build a new Embassy. The British ambassador explained the larger facility is meant to help serve the growing number of British nationals retiring there as well. Japanese and Korean investment groups are buying homes and condominiums in Manila, and tracts of provincial land for retirees. This has caused a mini- Real Estate boom in the country. A retirement village exclusively for Japanese nationals already exists in Tagaytay, and more are planned. These are strong indicators of what is on the horizon

English is the Philippines’ official business language. Most of the people you will meet, from hotel workers, taxi drivers, sales or service people, government employeesa all speak English, or have a working understanding of it. The middle class speak English, without exception. All major newspapers, and major broadcast companies use English. An English speaking visitor will never get lost in the Philippines. It is the universal use of that language that has been a strong incentive to foreigners. As well, communications links within the country and to other countries via the various commercial gateways is up to international standards. For example, the use of cell phones and text messaging is so common that housemaids, street vendors and food hawkers can be seen using their celphones incessantly.

One will never want for adventure and sights to experience in the Philippines. There is always a colorful Fiesta, pageants, street festivals, and open public events going on. Lush with bountiful natural resources, one can enjoy the numerous beaches, resorts, golf courses, and play just about any sport, except skiing. There is an ice skating rink in Manila, though. Scuba diving and fishing are among the sports which draw the most number of foreigners to the rich aquatic offerings.

Shopping is the Filipinos’ second most popular activity, the first is eating. Manila is Asia’s undiscovered shopping Mecca. You will love the golden purple sunsets, the fragrance of the flowers at dusk, and the wonderful array of fruit and food. I used to enjoy watching the Sun set from the bar at the Philippine Cultural Center. There, you can listen to the Symphony, check out a play, or enjoy Grand Opera. There is just so much to explore and discover, specially in terms of nature, culture, and history. If you’re a betting man, there’s horse racing, the Jai Alai, numerous first class casinos, and of course, cok-fighting. Manila is well known for its exciting night life.

The Philippines offers affordable real estate and good investment opportunities for those seeking a retirement haven

“Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free” enthuses Collingz. “These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70’s” and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round” said Beth Collingz whom used to live in South Kensington and still owns several Chelsea Embankment Townhouses and St. Catherine’s Dock Flats before coming over to the Philippines

If you have $50,000 or GBP 30,000 to invest, here are some buys you could make right now with that budget:

1. A Freehold Studio Condotel Suite at the Lancaster Atrium Manila for Initial Property Appreciation Investment and Rental Income from 2010 in Metro Manila, Philippines. Floor Area 28.17 square meter [304sqft] at $1,518.00/sqm. Total Contract Price: USD 42,762.06. Pay Cash and take a full 20% discount [Save USD 8,552.41] on the unit price. Pay 90% Now [USD 30,788.68] and the remaining 10% [USD 3,420.96] on unit turnover from December 2009

2. A Freehold Studio Condotel Suite at the Lancaster Suites Manila for Rental Income from 2007 in Metro Manila, Philippines. Floor Area of 27.23 square meters [293sqft] at $1,618.00/sqm. Total Contract Price: USD 44,058.14 [Tax Exempt]. Pay Cash and take a 10% discount on the Contract Price. Save USD 4,405.81 Pay 90% of the contract price now [USD 35,687.09] and the remaining 10% balance [USD 3,965.23] on unit turnover from March 2007

3. A Freehold Studio Condotel Suite at the Lancaster Cebu Resort Residences for rental income from 2007 in Cebu, Philippines. Fully Furnished Studio 36.5625sqm [395sqft] $1,507.00/sqm USD 55,099.69. Pay Cash and take a full 10% discount [Save USD 5,509.96] Pay Reservation [USD 1,820.00] and Cash Balance within 30 days [USD 47,769.72] for an Effective Total Cash Price of USD 49,589.72. Immediate Occupancy.

Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will get projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010

To be called Lancaster Atrium [which is the second Tower adjacent to the existing “Sold Out” Tower I] Condotel Studios, One, Two & Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification "In-House" financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity

According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: “My phone has been very busy with buyers from the UK, Scotland and Australia interested in purchasing investment properties and holiday homes here. A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, specially UK Housing prices, and the easy payment options available for our Condotel Developments, but there are other factors, too. Offshore Property Investors, Foreign baby boomers as well as overseas Filipinos, are looking for ways to maximize their return on investments as they approach retirement, and so are purchasing second homes, particularly Condotel Investments where they can use the Condo for vacations and rent it out through our In-House Condotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices, give a projected ROI on their investments of some 12-16% depending upon the mode of payment for the unit”

Beth Collingz, who runs PLC Global Pinoy, an internet based marketing network specializing in Condotel Investments in the Philippines, indicated that more than 85% of all Condotel sales in Metro Manila were to international clients. While such a level of foreign-purchasing activity is not as high in the Philippines provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years.

“These international buyers know it’s a buyer’s market in the Philippines right now-there are a lot of properties available and fewer local buyers,” Collingz said. “I’m working with clients who are purchasing their second property with me. We also have referrals from many of our prior customers and new clients who have found us through our Web sites, lancastersuites.com and plcglobalpinoy.com which include a special section for international buyers”

While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu - the area around Cebu International Airport - fits the bill with all it offers to International buyers.

Accessibility from Europe & The United States is also a factor.

“London to Qatar, London to Amsterdam to Singapore or Hong Kong, Los Angeles to Tokyo, San Francisco and New York to Hong Kong direct flights to Cebu and Manila, for example, average just 16 hours, add to that the many airline specials from Qatar Airlines whom probably offer the cheapest air fares, that fly directly into Cebu and Manila, and it’s easy to see why the Philippines is becoming an international community.”

Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with it’s flagship Lancaster Condotel Developments fit’s the bill.

Financing Options and Security open up Philippine real estate market to International buyers.

Previously a stumbling block for some international buyers was the perception that it is difficult -if not impossible - to obtain financing in the Philippines. As a result, many purchases in the past were cash sales.

Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI’s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment “Boom” in the Philippines.

A major stumbling block for some Investors from the UK was the perception that purchasing property in the Philippines was risky with nightmare stories of fraud and deception abounding due to the lack of Professional Realtors and Internationally accepted principles’ of Real Estate Transactions.

With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the Internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of it’s Condotel Suites, international offshore property investors need no longer worry about the security of their investments

Another drawback to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.

Pacific Concord Properties Inc., now sets that “International Standard’ in the Philippines with the “Buy Safe Payment Policy” of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a Condotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.

Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.

Collingz highlights the importance of working with those experienced in this type of transaction. “Buying property in the Philippines is significantly different from buying in the UK and other European countries, for example,” said Collingz. “The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client’s agent or representatives. Our goal-and that of Pacific Concord Properties Inc - is to make the whole process as easy as possible. Prospective buyers can view properties online on our Web site and save listings they’re interested in an online portfolio”

Communication is the key to the process, according to Collingz. “We spend a lot of time communicating with buyers before they visit, so that we all have a clear picture of the type of property that’s right for them. We also make travel arrangements and hotel accommodations and provide them with information in advance of their visit so they understand the process and their options. That way they can make the best use of their time here-and we can ensure they have time to get to know and enjoy the area.” In many cases, buyers arrive for a three to five-day visit and sign a sales agreement before heading home. Pacific Concord Properties’

Philippine real estate, medical, social services, and employment agencies are now working together under the government’s Philippine Retirement Authority (PRA) to set up standards and make the retirement industry truly world class. Under the direction of Gen. Edgar B.Aglipay, chairman of the Philippine Retirement Authority, plans have been operationalized to ensure that the growing demand for housing and ancillary services for the retirees are met. The objective is to turn the country into the retirement haven in Asia.

Pacific Concord will continue with the superstructure construction of the Lancaster Atrium in March 2007 for completion from December 2009. All foundation works, construction of the sub basements, 5-level basement parking garage levels and lower ground floor podium for the Atrium development has already been completed which will reduce the build time for the project by at least 18 months from commencement of superstructure works....

For any info regarding the Lancaster developments please do not hesitate to contact us....

PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites Condotels
Shaw Boulevard, Mandaluyong City
Metro Manila. Philippines 1552
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]
Web: http://www.plcglobalpinoy.com [Condotel Webring]