I.

KEY HIGHLIGHTS

A. Property Name: The Green Manor

B. Location: Lazatin blvd. San Juan City of San Fernando Pampanga

C. Description:
A 7 storey medium size residential condominium bldg. with lower level
parking and roof deck

D. Property Owner: Jingco Realty/ Team V Trading Const. & Devt. Corp.

Developer: Team V Trading Const. & Devt. Corp.

II. BACKGROUND OF THE STUDY

The City of San Fernando is known throughout the country for hosting a

wide variety of events in which the Capampangan culture is celebrated and

exhibited. These local events include the Giant Lantern Festival, San Pedro Cutud

Lenten Rites and the like. Because of this, the city has become a tourist destination

and that it is necessary to provide them decent hotel accommodations. This is due

to the lack of family-oriented hotels in the city despite of its economic growth.

In May 2010, the then Otel Apartelle was founded by the Otel Wall Street

Corporation as an initial project to establish a low-cost Capampangan-theme hotel

to accommodate guest especially from the work and business sectors and tourist.

The hotel started with only sixteen (16) rooms. The success of the establishment

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 was evident due to the addition of more rooms and function halls. After the

success of Otel, the corporation envisioned to establish the second condotel

in the City of San Fernando. Thus, the idea of the Green Manor was born.

The proponent then spearheaded the initial concept and design of the Green

Manor which eventually became the Second of a proposed Rainbow Community, a

series of condotels in Pampanga. One of the Objectives of this project is to initiate

the concepts of condo living in the province of Pampanga which has economic

advantages over the housing industry.

The Green Manor, under the management of Otel Pampanga and The Redd

Manor, aims to provide its residents and guests both a well-rounded stay and a

worthwhile investment.

III. MARKET HIGHLIGHTS

A. Population and Economy

As the member of people in an area increases, the needs of its population

also increase. To satisfy these needs, people tend to spend more. Although there are

more costs, not all cost should necessarily damage a persons income or savings.

In line with this problem that we have today and may continue to face in the

future, The Green Manor is an economic way of fulfilling one of mans

fundamental needs: a home. Not only does it provide an economic residence but

also an income-generating project that may last for more than one lifetime. Thus,

providing an

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B. Accessibility

Within its vicinity is an atmosphere of work, leisure and culture that is

beneficial to all Green Manor guest. This includes 31 restaurant in a 5

kilometer radius, four shopping malls within an average ten-minute travel

time and various office, institutions and establishments within the nearby

area.

IV. TECHNICAL ASPECTS

A. The Property

The project is situated at Lazatin blvd. San Juan, municipality of San Fernando,

Province of Pampanga with a total area of six hundred ninety seven square meters

(697sqm). The residential / commercial building shall have seven (7) floors with

lower level parking and roof deck.

B. Location and Vicinity Map

(See separate pages for Location and Vicinity Map)

C. Building Facilities and Features

Ground Floor

- Porte Cochere

- Reception / Lobby

- Admin

- 9-Passenger Capacity Elevator

- Parking Area

- Business lounge

- Kitchen

Roof deck / Multipurpose Rooftop with Landscape

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D. Number of Units and Unit Types

UNIT TYPE UNIT AREA NUMBER OF UNITS

PER TYPE
STUDIO TYPE A 34sqm 16
STUDIO TYPER B 32sqm 18
STUDIO TYPE C 20sqm 8
STUDIO TYPE D 18sqm 3
SUITE 1 54sqm 1
SUITE 2 60sqm 4
COMMERCIAL SPACE 45sqm 1
PARKING UNITS 12.5sqm 28
TOTAL NUMBER OF UNITS 50 ( excluding parking
units)

E. Room / Unit Amenities

Living / Dining Area

Kitchenette (w/ exhaust duct, stub out for electric stove)

Laundry Area

Toilet

Hit & Cold Shower

Air Conditioner

Individual water and electric meter

F. Implementation Schedule

12-18 months of construction

Expected date of completion: 2018

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 V. FINANCIAL ASPECT

A. Purchase Price

UNIT NO. OF
UNIT TYPE UNIT PRICE UNIT SALES
SIZE UNITS
Studio Type A 34sqm P 1 870 000 16 P 29 920 000
Studio Type B 32sqm P 1 760 000 17 P 29 920 000
Studio Type C 20sqm P 1 100 000 9 P 9 900 000
Studio Type D 18sqm P 990 000 3 P 2 970 000
Suite 1 54sqm P 2 970 000 1 P 2 970 000
Suite 2 60sqm P 3 300 000 4 P 13 200 000
Commercial
45sqm P 2 475 000 1 P 2 475 000
Space

B. Findings and Assessments

Average Room Sales per month:

SALES AT 50% SALES AT 75% SALES AT 100%

ROOM
UNIT TYPE OCCUPANCY OCCUPANCY OCCUPANCY
RATE
(ave. per month) (ave. per month) (ave. per month)

Studio Type
P 3000 P 720 000 P 1 080 000 P 1 440 000
A
Studio Type
P 2800 P 714 000 P 1 071 000 P 1 428 000
B
Studio Type
P 2500 P 337 500 P 506 250 P 675 000
C
Studio Type
P2350 P 105 750 P 158 625 P 211 500
D
P4500
Suite 1 P 67 500 P 101 250 P 135 000

Suite 2 P4500 P 270 000 P 405 000 P 540 000

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 Management Sales per month when:

MANAGEMENT SALES = ROOM SALES x 30%

A

SALES AT 50% SALES AT 75% SALES AT 100%

ROOM
UNIT TYPE OCCUPANCY OCCUPANCY OCCUPANCY
RATE
(ave. per month) (ave. per month) (ave. per month)

Studio Type
P 3000 P 216 000 P 324 000 P 432 000
A
Studio Type
P 2800 P 214 200 P 321 300 P 428 400
B
Studio Type
P 2500 P 101 250 P 151 875 P 202 500
C
Studio Type
P2350 P 31 725 P 47 587.50 P 63 450
D
P4500
Suite 1 P 20 250 P 30 375 P 40 500

Suite 2 P4500 P 81 000 P 121 500 P 162 000

Average income of buyers per month when:

BUYERS INCOME = ROOM SALES x 70%

SALES AT 50% SALES AT 75% SALES AT 100%

ROOM
UNIT TYPE OCCUPANCY OCCUPANCY OCCUPANCY
RATE
(ave. per month) (ave. per month) (ave. per month)
Studio Type
P 3000 P 504 000 P 756 000 P 1 008 000
A
Studio Type
P 2800 P 499 800 P 749 700 P 999 600
B
Studio Type
P 2500 P 253 125 P 379 687.50 P 506 250
C
Studio Type
P2350 P 79 312.50 P 118 968.75 P 158 625
D

Suite 1 P4500 P 47 250 P 70 875 P 94 500

Suite 2 P4500 P 189 000 P 283 500 P 378 000

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 Average Sales per room:

ROOM 3-Days 10-days

UNIT TYPE 20-Days Occupancy
RATE Occupancy Occupancy
Studio Type
3000 P 9 000 P 30 000 P 60 000
A
Studio Type
2800 P 8 400 P 28 000 P 56 000
B
Studio Type
2500 P 7 500 P 25 000 P 50 000
C
Studio Type
2350 P 7 050 P 23 500 P 47 000
D

Suite 1 4500 P 13 500 P 45 000 P 90 000

Suite 2 4500 P 13 500 P 45 000 P 90 000

Average Management Sales per room:

BUYERS INCOME = ROOM SALES x 30%

ROOM 3-Days 10-days
UNIT TYPE 20-Days Occupancy
RATE Occupancy Occupancy
Studio Type
3000 P 2 700 P 9 000 P 18 000
A
Studio Type
2800 P 2 520 P 8 400 P 16 800
B
Studio Type
2500 P 2 250 P 7 500 P 15 000
C
Studio Type
2350 P 2 115 P 7 050 P 14 100
D

Suite 1 4500 P 4 050 P 13 500 P 27 000

Suite 2 4500 P 4 050 P 13 500 P 27 000

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 Average income of buyers per room:

BUYERS INCOME = ROOM SALES x 70%

ROOM 3-Days 10-days

UNIT TYPE 20-Days Occupancy
RATE Occupancy Occupancy
Studio Type
3000 P 6 300 P 21 000 P 42 000
A
Studio Type
2800 P 5 880 P 19 600 P 39 200
B
Studio Type
2500 P 5 250 P 17 500 P 35 000
C
Studio Type
2350 P 4 935 P 46 450 P 32 900
D

Suite 1 4500 P 9 450 P 31 500 P 63 000

Suite 2 4500 P 9 450 P 31 500 P 63 000

Based on the given data, buyers will be able to have at least an estimated

average earnings in one year of P 622 950, assuming an average occupancy of 20

days in each month. At the rate, a buyer will be able to earn the invested amount in

less than three years. Therefore, the Green Manor is an income-generating

community since all buyers will have 70% income from room sales.

C. Highlights
TOTAL UNIT SALES = P 91 355 000

TOTAL CONSTRUCTION COST = P 75 000 000