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Posted: Sunday Aug 13, 03:31 PDT Updated: Sunday Aug 13, 08:05 PDT

Lancaster Manila. Condotel Investments in the Philippines

Lancaster Manila. Condotel Investments in the Philippines

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

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

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
Cell phone: [63] 916-568-3537

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.plcsales.coms.ph [The Lancaster Suites]
Website: http://www.lancastersuites.com [Condotel Investments Forum]

August 13, 2006



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