Condo Payment Schemes

Price of a condo unit is Php 2,625,000.00.
This is a 2 bedroom unit.

Reservation Fee is Php 20,000.00.

Payment terms:

1. Spot Cash (8% discount)
2. Deferred Cash

• payable in 18 months - Php 144,722.00 monthly installment
• payable in 24 months (with 6% Finance Charge) - Php 114,792.00 monthly installment

3. Regular In-House Financing (20-80 scheme)

a) 20% Downpayment payable in 12 months - Php 42,083.00 per month

b) 80% Balance payable in:

• 3 years (@ 13% interest) - Php 70,757.30 per month

• 5 years (@ 15% interest) - Php 49,958.85 per month

• 7 years (@ 17% interest) - Php 42,915.19 per month

• 10 years (@ 19% interest) - Php 39,201.19 per month

For more questions, please email me so that I can get back to you soonest possible.

FLI Awards and Recognition

• Top 3 Property Firm in Asia for 1999 (as voted by Euromoney)
• One of Asia's Best Companies that have created the most market value for the period 1998 to January 2000 (recognized by Finance Asia - leading financial publication)
• Recognized as Top 2 Company in Property Section of the country
• With a Credit Ranking AA by the Phil. Rating Services Association (Philratings)

Orange Grove

Orange Grove is the flagship project of Filinvest Land, Inc. in the Mindanao region. This is the first and only country-inspired residential subdivision in Davao City. A showcase of nature's attractions and breath taking panorama of nearby scenery that relaxes, as well as, inspires.

FEATURES:

Grand Entrance Gate & Guardhouse Well-lighted tree-lined Roads Landscape Open Areas Perimeter Fence Adequate Water Supply

AMENITIES:

Clubhouse with first class amenities Swimming Pool Basketball & Tennis Court Children's Playground Mountain Park

Filinvest Land bullish about Davao market

Filinvest Land Inc. is looking for more areas that it can develop, with roughly P2 billion still available for investment here.

Tristan Las Marias, Filinvest Land vice-president for the Visayas and Mindanao, said the company wants to put up more medium-rise condominiums and mid-priced residences in urban centers.

"We are in the process of looking for more properties in the city that are near workplaces," he said at the weekend, adding that the trend is for employees to live near their offices to minimize transportation expenses.

Filinvest Land has started its first condominium project in the city, a seven-building property located just across the SM City Davao mall. The company is spending about P1.5 billion on One Oasis Davao.

The company is building another condominium in a three-hectare area across the NCCC Mall of Davao in Matina. It has seven projects in the city, with investments worth P15 billion since 2000.

But the City Council has rejected Filinvest Land’s housing project in Dumoy district. Mr. Las Marias said the company would continue to invest in Davao City given its potential as a major urban development market.

He said the city continues to be investor-friendly, noting that Filinvest Land had to withdraw some of the documents for its Dumoy project to correct errors.

"We continue to be bullish about the property market in the city," Mr. Las Marias said.

SOURCE: www.gmanews.tv
Thursday, May 29, 2008

Unit Types

TYPICAL 2-BEDROOM WITH BALCONY


TYPICAL 2-BEDROOM WITHOUT BALCONY

TYPICAL 1-BEDROOM WITH BALCONY



STUDIO TYPE

Filinvest Land building ‘businessman’s hotel’

By: Carmelito Q. Francisco

Filinvest Land, Inc. will start building within the next four months a hotel for businessmen.

"A businessman’s hotel is a hotel that does away with other amenities except for those important to businessmen," said Tristan Las Marias, Filinvest vice-president for Visayas and Mindanao operations.

He said the hotel would not have convention halls and similar facilities. "But we will make sure that the amenities of the hotel are the best," he said during the inauguration of the company’s One Oasis, a condominium project near SM City Davao.

Mr. Las Marias declined to provide details of the project, which he said was still being finalized.

Councilor Peter T. Laviña of the city council’s trade and commerce committee said Filinvest Land’s plan shows that the city has matured into a business area. "With these investments coming in, we are sure that this will spur the city’s economic development."

The Gotianun-led company is spending P1.5 billion on its first condominium project here, dubbed One Oasis Davao. The company has earmarked P6 billion for the Davao region within the next five years. It is developing a 50-hectare residential beach resort in the island city of Samal.

Aside from its 2.3-hectare One Oasis Davao project — a seven-building cluster of medium-rise condominiums and condotels — the company is also setting up another condominium project in a three-hectare lot in Ma-a district near another shopping mall, the NCCC Mall of Davao. Filinvest Land Manager Geraldine C. de Gorostiza said the condominium projects target workers in the city.

Filinvest Land earlier said it would expand its project portfolio to include more medium-rise buildings as part of a plan to widen its client base.

SOURCE: www.gmanews.tv
Tuesday, May 13, 2008

Matina eyed as city's next commercial center

By Carlo P. Mallo

A TOP official of a giant real estate firm foresees the Matina area as Davao City's new center for trade and commerce in the next few years.

"Everything is moving towards the south area," Tristan Las Marias, vice president for Visayas and Mindanao of Filinvest Land Inc., said in an interview Friday.

Filinvest recently had its groundbreaking for its P1.5 billion medium rise condominium properties on Eco West Drive in Ecoland, Matina.

"The Matina area will be the next urban center for Davao, with two of the three big malls located in the area and even the best schools in the city," Las Marias said.

With the congestion of business establishments in the downtown area and also the industrial developments in the northern part of the city, Las Marias said going south is the best option.

"And with the soaring gas prices, it is most practical to be living in the center of the city," Las Marias added.

Apart from their 2.3 hectare property development at the back of SM City Davao at Ecoland, Filinvest is also planning to start another medium rise condominium development on a three hectare property right beside NCCC Mall in Ma-a, still in the Matina area.

"Davao is already prepared for the vertical form of residential living," Las Marias added.

SOURCE: www.sunstar.com.ph
Monday, May 12, 2008