Welcome to FIRST GLOBAL BYO Corporation!
Our company is a world-class developer and project manager of multi-million dollar residential and commercial developments, with over 35 years of experience in countries such as the US, Australia, China, Hongkong and the Philippines.
We have a new development called FORT 1 City Center. It is a condominium hotel located in the heart of Fort Bonifacio Global City, a masterplanned community that is booming today and will be the next destination after Makati. FORT 1 City Center will be turned over in September of 2010. It is going to have 31 floors with all the amenities that a modern dweller can look for.
LOCATION:
FORT BONIFACIO is now a world-class community of magnificent office buildings, expensive residential towers like Essensa, Serendra, Seibu, Beaufort and Pacific Plaza, exclusive schools like Brent School, International School, Japanese School, Market! Market! mall, St luke's Hospital, high-end restaurants, banks, wholesale and retail outlets like Mc Home Depot and S&R, the Fort Strip, Bonifacio High Street, Philippine Stock Exchange, Manila Golf and Country Club, NBC Tent, Shangri-la, Discovery, Ayala Center, HSBC, Bonifacio Tech Center and many other luxurious establishments.
Being managed by the Ayala group, Fort Bonifacio Global City adheres to the principles of modern living - Electronic traffic and vehicles monitoring, water treatment, underground cables. You cannot see spaghettis up in the air!
Sooner, this will be a place to reckon with.. A future destination. More sophisticated, more secure, more signs of success. A lot better than Makati!
Be here before it happens!
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This building will have commercial, residential and condotel units assigned on specific floors.
This project is a co-development concept. This means that every customer is a co-owner. You are a co-owner. This is also called BYO (build your own) concept.
You are not a buyer here. You are an investor. Therefore, you do not have to pay a lot of taxes like value added tax (12%), capital gains tax (6%), documentary stamps tax (1.5%), transfer tax (1%), registration fee (1%), legal fee (.5%). You are able to save 22% from the contract price!
I strongly suggest you acquire a condotel unit because of its high income potential. And no hassle in collection. No monthly dues.
A condotel unit is not a residential unit. It is a unit that is automatically a member of the hotel rental pool. This means that once you own a condotel, you automatically become one of the owners of the hotel. You have a privilege to use your unit for only seven days a year with 60 days prior notice because condotel units are for the hotel clients.
The income of all hotel units will be distributed among hotel owners once a year. The projected income is roughly 14% of contract price price per annum.
However, should you wish for a residential unit, everything is the same except for the price and finishes. It is not fully-furnished. A residential unit is a bit less expensive. And you can use it. You can also have it rented out. But you will be the one to look for your tenant. And the method of collection is yours.
SAMPLE UNIT WITH COMPUTATION: (CONDOTEL)
unit: 15th Floor, unit J
unit size: 43.24 square meters
contract price: P 5,311,071
unit type: gold (condotel)
Payment Scheme:
50,000 reservation fee (to be deducted from 20% downpayment)
20% downpaymnet payable in one month
10% monthly amortization payable in 15 months
with balloon payment every 3 months
70% through bank financing
THEREFORE:
month 1 -------- 50,000
month 2 -------- 1,012,214.20
month 3 -------- 20,000
month 4 -------- 20,000
month 5 -------- 20,000+46,221.42 = 66,221.42
month 6 -------- 20,000
month 7 -------- 20,000
month 8 -------- 20,000+46,221.42 = 66,221.42
month 9 -------- 20,000
month 10-------- 20,000
month 11-------- 20,000+46,221.42 = 66,221.42
month 12-------- 20,000
month 13-------- 20,000
month 14-------- 20,000+46,221.42 = 66,221.42
month 15-------- 20,000
month 16-------- 20,000
month 17-------- 20,000+46,221.42 = 66,221.42
month 18-------- 3,717,749.70 (turnover balance) to be paid cash or bank financing
total: ------------ 5,311,071
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SAMPLE UNIT WITH COMPUTATION: (RESIDENTIAL)
unit: 19th floor, unit D
unit size: 50.98 square meters
contract price: 4,573,916
unit type: 1 bedroom de luxe
Payment Scheme:
50,000 reservation fee (to be deducted from 20% downpayment)
20% downpaymnet payable in one month
10% monthly amortization payable in 15 months
with balloon payment every 3 months
70% through bank financing
THEREFORE:
month 1 -------- 50,000
month 2 -------- 864,783.20
month 3 -------- 20,000
month 4 -------- 20,000
month 5 -------- 20,000+31,478.32=51,478.32
month 6 -------- 20,000
month 7 -------- 20,000
month 8 -------- 20,000+31,478.32=51,478.32
month 9 -------- 20,000
month 10-------- 20,000
month 11-------- 20,000+31,478.32=51,478.32
month 12-------- 20,000
month 13-------- 20,000
month 14-------- 20,000+31,478.32=51,478.32
month 15-------- 20,000
month 16-------- 20,000
month 17-------- 20,000+31,478.32=51,478.32
month 18-------- 3,201,741.20 (turnover balance) to be paid cash or bank financing
total: ------------ 4,573,916
OTHER PAYMENT OPTIONS ARE AVAILABLE.
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HERE ARE THE WORLD-CLASS AMENITIES OF F1 CITY CENTER:
* Tropical lagoon swimming pool
* Outdoor entertainment area
* Lap pool
* Kiddie pool
* Jogging Trail
* Meditation garden
* Fully equipped gym, spa and sauna
* 5 high speed elevators
* Emergency back-up generators
* 24-hour security
* On-site professional management
RESERVE FORT1 CITY CENTER NOW!
YOUR WISE INVESTMENT.
IT'S ABOUT TIME.
MARAMI PONG SALAMAT AT MABUHAY!
GENIO G. CADIZ
Investment Consultant
Mobile : +639161898291
Directline : 632(8264780)
Email : [email protected] |
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