Company Profile Global-Estate Resorts INC. (GERI) is a leading developer of integrated tourism estates in the Philippines. These lifestyle and leisure offerings are envisioned to set new standards in the country’s tourism industry. With its prime land bank of 3,000 hectares in strategically located tourism hot spots such as Boracay, Tagaytay, and Batangas, GERI is well-positioned to promote the country on a global scale and drive the contribution of tourism to the growth of the economy and society over the long term. GERI is a subsidiary of Alliance Global Group INC., one of the country’s largest conglomerates with the interests in real estate development, food and beverage, quick service and restaurants and integrated tourist Megaworld Global Estate, INC. is the exclusive Marketing Arm of Global-Estate Resorts INC. We are the Sales and Marketing Group of Global-Estate Resorts INC.
1. Property is a kind of hybrid asset with the capital appreciation of a stocks but the income producing capacity of a bond. • 2. Units in projects are being sold pre-development generally appreciate in value when the project is finished. 3. Consumer incomes are rising, unemployment is falling and interest rates are modest. REMITTANCES from overseas Filipino workers (OFWs) hit a fresh record in 2010, according to the Philippine central bank. In a statement, the Bangko Sentral ng Pilipinas (BSP) said money sent home by Filipinos working abroad went up by 8.1 percent to $1.69 billion in December from $1.56 in the same month in 2009. The December figure brought the full-year tally to $18.763 billion, exceeding the BSP's forecast of $18 billion for the period.
4. Due to the effects of the 1997 Asian economic downturn, prices are very affordable and the payment options and/or financing terms more flexible. 5. After a 7-year downturn, the Asian market that includes the Philippines is expected to recover and outperform other markets. House prices in the country are rising again, as buyers become optimistic about the Philippine economy. The average price of luxury 3-bedroom condominiums in Makati CBD rose 7% q-o-q to PHP 103,000 per (USD 2, 389) sq. m. in Q1 2011, according to Colliers International. Over the next 12 months, the average capital value is likely to increase by about 5% to P112, 700 (USD 2, 614) per sq m., says Colliers.
6. Philippine property appreciates at an average of 10% per year, which is higher than 3 to 6% US properties get. This translates to a higher Return On Investment (ROI) • 7. The slump in real estate in the last 7 years has resulted to a dramatic reduction in the supply of new real estate projects. However, demand for housing units has continued to rise because of the growing population of the Philippines. Thus, real estate projects that will come on stream in the next few years are guaranteed a steady stream of interested buyers and tenants. Prices for real estate further increase its value. More recently, demand for office space for information and communications technology (ICT) related firms such as call centers and other business process outsourcing (BPO) firms has been behind the real estate sector revival. The new employees boosted the demand for rental housing, with a ripple effect on the construction, retail, and telecommunications sectors. As a result, property prices increased 59.3% (16.2% in real terms) from 2005 to 2008.
9. Strategically-located developments near Central Business Districts (CBDs) in urban cities, schools, malls, churches and hospitals and other high traffic areas are easy to rent out. Rental income from property is a stable source of income, and while it may fluctuate, is highly unlikely to vanish altogether, unlike stocks. 9. The demand for housing of all types is greater than supply. The backlog for housing is about 4 million units.
Why Invest in the Philippines An improving economy, rapid growth in foreign investment, and a reform-minded government are boosting confidence among house buyers in the Philippines. In the first quarter of 2012, the average price of a luxury 3-bedroom condominium in Makati CBD rose 4.8% to PHP 114,000 (USD 2,727.53) per sq. m. (q-o-q), according to Colliers International, or by 10.68% during the year to Q1 2012 (7.34% when adjusted for inflation). High-end residential real estate prices are likely to rise by another 9.9% during the next twelve months, according to Colliers.
Tourist arrival in the Philippines The tourism sector continues to foster strength as visitor arrivals from January to September 2012 totaled to 3,149,985 for a 9.08% increase over the previous year’s arrivals of 2,887,715 for the same period. Most markets during the said period posted positive growth rates. Out of the total foreign tourist arrival in the Philippines 12% visits the island of Boracay. Prepared by: Tourism Research and Statistics Division, Office of Tourism Planning, Research and Information Management, Tourism Planning and Promotions Sector, Department of Tourism
Tourist arrival in the Philippines Korea remained as the country’s number one tourist market with 752,918 arrivals, for 23.90% share to the total visitor volume, and posting a growth of 9.61%. This market is followed by the U.S.A. which made up 15.41% or 485,484of the total arrivals. This market registered 4.01% gain from the 466,767 visitors recorded for the same period last year. Meanwhile, Japan contributed 311,008 arrivals for 9.87% share to total visitor traffic, bringing the numbers up by 8.52% from 2011.
Why Invest in Boracay Now Apparently, now is the “Time for the Philippines,” as international realtor Claire Brown asserts. Brown (www.clairebrownrealty.com), in her buyer’s advisory column in Property Report South East Asia luxury magazine in its September issue, gave a “little tip” for foreign and local investors: “Boracay is about to rock!” First, she narrated to her readers why Boracay is truly special: it “is famous for its gorgeous and bustling pure white sand beaches, turquoise waters and swaying palms… Boracay is already a well established and dearly loved tourist destination.” And echoing the Philippines’ tourism campaign, she said: “For me, it’s the funniest place on earth and my favorite place in the Philippines for a great beach holiday and a side order of hell raising by night, if that happens to take my fancy.” After bustling with nostalgia, she then gave her invaluable investment assessment. She attributed it mainly to the upgrade of Boracay’s airport in nearby Caticlan to international status in 2014. That’s just two years away. With the construction of the new terminal and extended runway, “this will mean direct flight routes with all major Asian gateway hubs, notably HK, Singapore, Seoul, Shanghai and Beijing.” View full article on the link below http://www.mb.com.ph/articles/377600/invest-in-boracay-now-foreign-realtor-says-in-property-report#.UKXqk_mkOuI
Projected Tourist Arrival in Boracay in 5 Years Average percentage increase for the past 10 years in boracay is 19% (this is based on department of tourism region 6 data) Year 2007-2010 is actual figures and percentage. Projection from 2011 - 2016 is based on average increase in visitor arrivals in boracay. DOT expects 2011 to hit 1 million visitors (Foreign and domestic) in boracay this year. by 2015 boracay should hit the 2 million visitor mark.
Data on foreign visitor arrivals by country of residence. (Based on 2010 DOT data) The peak season commences on March with 75,705 visitor arrivals (9.7%); April with 101,349 visitor arrivals (13.0%); and May with 87,251 visitor arrivals (11.2%). Estimated monthly receipts during this period was Php1.4 billion, Php1.9 billion, and 1.6 billion, respectively. It is also interesting to note that the various tourist groups have their own preferred periods in coming to Boracay Island. In 2010, influx of domestic visitors was high in the months of April with 78,400 (16.5%); May with 64,390 (3.5%); March with 51,341 (10.8%); and June with 42,910 (9.1%) Foreign visitors, on the other hand, enjoyed being in Boracay during the months of August, February and July. Highest visitor arrivals of 28,841 (10.4%) was registered in August; 28,791 (10.3%) in February; and 24,862 (8.9%) in July.
Travel Formalities * VISA Tourists can visit the Philippines without a visa if staying in the country for 21 days or less; provided tourists have a passport that is valid for at least 6 months and a return ticket or a ticket to another destination outside the Philippines. If you wish to stay longer you must obtain a Visa Extension either before your trip from a Philippine Consulate or Embassy. Or, once in the country, you may obtain it from the Bureau of Immigrations. * Currency The currency in the Philippines is the Peso (PHP) and the Centavo. 100 centavos = P1. Coin denominations are: 1, 5, 10, and 25 centavos, P1, and P5. Bill denominations are 10, 20, 50, 100, 500 and 1, 000 Pesos.
Accessibility *BY AIR Philippine Airlines (PAL), the national flag carrier and considered “Asia’s First Airline,” remains the country’s biggest airline company. It has the largest number of international flights to the Philippines as well as domestic flights. PAL links Manila to 14 cities in 8 countries, and flies regularly to 41 domestic destinations outside Manila. Cebu Pacific Air , the low fare leader in the Philippines, is the country's leading domestic airline with the lowest year-round fares, most number of destinations, most number of routes, most number of flights, most number of passengers flown in its domestic network. It links Manila to 21 domestic destinations and the Philippines to 12 international destinations with its direct flights.
50 Hectare Master planned Community • International Brand Hotels • Luxury Condominiums • Newcoast Station • Shophouse District • Boutique Hotel District • Wellness Center • Leisure Center • Golf Course
Residential Lots • Average Lot Size – 250 Sqm. • Underground Electrical Utilities • Central Community Area • First Gated Community in the Island. • All Lots are titled Newcoast Village
Average lot size is 300 square meters • Average cut 15 meters (frontage) x 20 meters (depth) • Divided by firewalls • 4 themes - South Beach Art Deco (Miami), Fishing Village (Key West Florida Colonial), Palm Beach Florida Mediterranean and Free zone Shophouse District
Average lot is 600 square meters • Average cut is 20 meters (frontage) x 30 meters (depth) • Salvage Zone – 20 meters from the beach • 5 themes - South Beach Art Deco (Miami), Fishing Village (Key West Florida Colonial), Palm Beach Florida Mediterranean , Old Town (Ibiza/Santorini) and Free zone. Boutique Hotel District
Approximately 66 meters above sea level (With beach / ocean view) • Has 7clusters (Cluster 1 is approximately 795 meters away from the beach) • Has 2 passenger elevators and 3 fire exits • 4 storeys in front and 7 storey at the back (Rolling terrain) • Fully Furnished Oceanway Residences
Junior Suite • Executive Suite • Queen Suite • Twin Suite • 1.00 meters depth Adult Wading Pool • Pool Bar • Outdoor Spa • In-water Lounge • Palm Garden Savoy Hotel
HOW TO GET TO BORACAY? • Manila to Boracay - Plane • The quickest way to travel to Boracay Island, is to take a plane from Manila domestic terminal and fly to the island of Panay in the Visayas. The two flight options you have, is to fly directly to either the cities of Kalibo or Caticlan on Panay Island. The flight time to either city is 1 hour. • The airlines that travel to either Kalibo or Caticlan are Philippine Airlines, Zest Air, Cebu Pacific or Air Philippines. The best flight is via Caticlan, and then you have a 20 minute banca trip to Boracay Island from Caticlan Jetty port. • Cebu to Boracay – Plane • The airport in Cebu, Matcan International Airport, has flights departing to Kalibo and Iloilo City on Panay Island daily. • Once at Iloilo City, which is in the south of Panay Island, you will need to catch an air conditioned bus to Kalibo and then on to Caticlan.
LOCATION AND SIZE Twin Lakes is located at Brgy.DAYAP, ITAAS, LAUREL, BATANGAS – Nasugbu Road in between Splendido Golf Course and Canyon Woods Approximately 1,149 has. of rolling terrain overlooking the breathtaking Taal Lake. The Vineyard and Domaine Le Jardinare the first developments in Twin Lakes. Approximately 300 - 600 meters above sea level (Rolling Terrain) SHOPPING VILLAGE is 625 meters above sea level. DOMAINE Le JARDIN is 425 meters above sea level. TWIN LAKES DRIVE A 15km long road will traverse all the major developments in Twin Lakes. From top of the ridge to Talisay Road TWIN LAKES FUTURE DEVELOPMENTS Domaine Le Montagne (mountain) – 105 has. (Exclusive Residential Village) Domaine Le Soleil (rising sun) – 33 has. (Exclusive Residential Village) Nature Park 378.7 has. (Forest Reserve, Nursery) Golf Course Villas – 34 has. (Lots, Amenities) Village Center – 1.3 has (Retail. Services, F&B Outlets) Retirement Community – 34 has. (Lots, Amenities, Hospital) University Park – 32 has (Lots, Amenities, Exclusive and International Schools) Golf Estate – 113 has. (Championship Golf Course, Residential Lots, Amenities) Plantation – 84 has (Farm Lots, Amenities) Residential Development w/ Wellness Center – 40 has. (Lots and Amenities) Lakeshore Town Center – 24 has. (Commercial, Mixed Use, Civic Center) Domaine Du Lac (lakeshore) – 20 has. (Lakeshore Residential Community)
DOMAINE LE JARDIN (Garden) • The 50-hectare Domaine Le Jardin, epitomizes stately living in the greenest of settings. The hallmarks of Twin Lakes’ first residential phase are its prime subdivision lots, a lush botanical garden and an exclusive amenity area that serves as the centerpiece of recreation in the village. • This development has approximately 538 lots • 250 – 500 sqm • Two types of lot, Regular Lot and Terrace Lot
575 meters away from national road • Indoor and Outdoor parking slots • One Bedroom Residence • Two Bedroom Residence • Typical Residential Features • 2 High speed, interior finished passenger elevators per cluster Centralized mail room per cluster • Parking Area TwinlakesResidences
177 Hectares • Hotel and Resort • Townhomes • Vineyard • Chateau – Winery • Sports Club and Spa • Wedding Venue • Culinary School • Condominium The Vineyard