Major Homes Inc."Habambuhay na Hanapbuhay" 167 Edsa, Mandaluyong City Greetings, The purpose of this proposal is to introduce the newest concept in real estate and provide a comprehensive business opportunity at the same time. Condormitel is a condominium, dormitory and hotel that operates as one. It is a real estate asset for it is fully secured a Condominium Certificate Title (CCT). It can be leased out like a dormitory and with a service comparable to a hotel. Each unit is fully furnished with 3-4 beds, thus giving unit owners the freedom to have their spaces rented out on a per bed basis. Strategically located at the heart of the University Belt Space U-belt offers a winwin situation for both tenants and investors. Patterned after a sachet business model, units will be rented out on a per bed basis, giving it a strong rental component. Located in the densely populated university belt, Space offer condominium comforts, redefining the concept of dormitory living for students. Thank you very much and we look forward to providing you with excellent state-ofthe-art Real Estate Properties that will add value to your organization. Sincerely yours, Reynaldo P. Sta. Ana Sales Manager +63 915 322 4648 Brief Corporate Profile Major Homes is a full-serviced real estate development company with interests and initiatives in affordable housing, middle income condotels (condominium-hotel) and high-rise condormitels (condominium-dormitory-hotel).With properties designed to meet the varying needs of a vastly growing market — apt to make the dream of real estate and investment a reality, Major Homes welcomes Filipinos; wherever they are in the world, back home. Major Homes currently operates across 15 projects in and around Metro Manila. Core target market includes middle to low income families as well as Filipinos working overseas (OFWs). Major Homes’ positioning since inception has been to cater to the broad-base of the housing market. CORPORATE MISSION Our mission is to uplift lives by building happy communities. CORPORATE VISION Major Homes strives to be your trusted name in community development. Core Values • Interdependence • Integrity • Commitment • Honesty • Respect Major Homes Inc. Page 2 7/7/2015 Major Homes Inc. Page 3 7/7/2015 CHAPTER I. SPACE CONDORMITEL ADVANTAGE : Condominium Unit is fully secured with a Condominium Certificate Title (“CCT”) which you can trade, sell and mortgage after full payment. You’re not just buying a property, you’re owning a hassle-free business. Clients can enroll their units in a rental pool which will be managed and serviced for them by a dormitel facility Units are fully-furnished with 3-4 beds (with an estimated P5,000 monthly Rental per bed). All interiors utilize every inch of space, creating a comfy atmosphere far from the typical bed spacing experience. Strategically located along Recto Avenue, Space U-belt offers an attractive rental yield from a student population of 365,000 within 1.3 km. Major Homes Inc. Page 4 7/7/2015 CHAPTER II. PROJECT DETAILS Location: C.M. Recto St. Manila Property Type: Condormitel Land Area: 2,027.73 SQ M Total Number of Units: 1,768 (Residential)/95 (Commercial) Number of Floors: 38 Storey Unit Designs & Floor Plans Each unit is fully furnished with 3-4 beds, including A/C Unit (Window Type) , Cabinet, Mini - Refrigerator , Microwave Oven , Shower , Washing Machine and Study Desk. Typical Floor Plan (11th-38th Floor) 14 SQM - 56 units 17 SQM - 2 units 20 SQM (Inner) - 2 units 20 SQM (Corner) - 1 unit 23 SQM (Corner) - 1 unit 14 SQM (3 BEDS) 17, 20, 23SQM (4 BEDS) Total Units per Floor 62 Units Building Features 38 storeys 3-Level Retail for Dining, Convenience Shopping & Cinema Amenity Area at the 9th Floor Secure premises with Security Key Card for all Unit Owners WI-FI provision on All Floors Eight (8) Elevators with Air conditioned Main Lobby CCTV System for Common Areas 24-hour Security Fully-Automated Fire & Smoke Detection System Water Reservoir & Separate Fire Reserves Standby Emergency Power Cable TV Provision Major Homes Inc. Page 5 7/7/2015 Major Homes Inc. Page 6 7/7/2015 Location & Vicinity Map Space U-Belt is strategically situated at the heart of the University Belt in Recto, Manila, just a few meters away from top universities, Government Offices and Commercial Establishments. Major Homes Inc. Page 7 7/7/2015 Major Homes Inc. Page 8 7/7/2015 CHAPTER III. INVESTMENT SUMMARY: DESCRIPTION Space U-Belt 3 Bed Unit (15.59 SQM) AMOUNT Php 1,617,000 25,000.00 RESERVATION FEE 35% Percent Downpayment Less Reservation Fee Php 540,950.00 35% Percent Downpayment Payable in 30 Months to Pay Interest FREE (Monthly Payment) 18,031.67 Php 1,051,050 65% Percent Balance 65% Balance Payable in 180 Months thru Bank Financing 11,294.64 Return of Investment ROI based on Monthly Rent Revenues DESCRIPTION Space U-Belt 3 Bed Unit (15.59 SQM) @ 5,000php a month per bed per student AMOUNT Php 5,000.00 15,000.00 Total Gross per month Less: Association Dues @ 75 pesos per SQM Php 1169.25 Less: Management Fees @ 55 pesos per SQM Php857.45 Total Monthly Net Revenues Php 12,973.30 Note: Management Fees only Applicable to Units enrolled in the Renting pool. Major Homes Inc. Page 9 7/7/2015 CHAPTER IV. PROJECTED UNIT TURN OVER The Projected Turnover of units of Space U-Belt is on First Quarter of 2017. The most commonly used investment payment term is the 35/65. Where in you can pay the Downpayment in (30) months in house finance and the Balance for (180) months thru Bank finance and Pag-ibig Housing program. CHAPTER V. CLIENT ACCEPTANCE This proposal constitutes our terms of reference for the proposed engagement, and when formally accepted constitutes the basis for our Reservation Agreement and the formal contract. Should the terms of this proposal be acceptable to you please indicate your conformity by signing on the space provided below. CONFORME: ______________________ Major Homes Inc. Page 10 7/7/2015