Calax contract ready for signing

AFTER bagging the Cavite Laguna Expressway (Calax) public-private partnership project, the Metro Pacific Group led by businessman Manny V. Pangilinan is ready to sign the contract for the 45-kilometer toll road project that will connect the provinces of Cavite and Laguna.

MPCALA Holdings Inc., led by Metro Pacific Tollways Development Corp. (MPTDC), said they have five days from receipt of the notice of compliance to sign the contract.

“We are ready to sign,” MPTDC president Ramon Fernandez said in a text message.

A Department of Public Works and Highways (DPWH) official confirmed that the notice of compliance has been sent to MPCALA on June 30 and that the company received it on July 5.

Ariel Angeles, officer-in-charge and director of the public-private partnership (PPP) service of the DPWH, said that under Build-Operate-Transfer Law, “they have five days to sign the contract upon the receipt of the notice and pay the 20 percent of the concession fees. So they have until Friday or Saturday to sign the contract and pay P5.46 billion.”

MPTDC offered the highest bid of P27.3 billion for the Calax project, besting by about P5 billion the rival bid of San Miguel Holdings Corp. (SMHC), which submitted a premium bid of P22.2 billion.

The premium bids come on top of the toll road’s estimated cost of P35.4 billion. In last month’s bidding—the second for the project after last year’s bidding failed—the government set a P20.1 billion floor premium bid for Calax.

DPWH Undersecretary Rafael Yabut earlier said, “It’s one big revenue for the government.

Proceeds will go to the national treasury. The initial toll rate was based on the study. Base is P4.65 per kilometer. It is at par with other toll roads. It seems everything worked perfectly well.”

He added: “This is the biggest single revenue premium that a government agency has generated. Any road development always spurs development, entire community development.”

Jose Ma. Lim, president and chief executive officer of MPIC, said “We have been observing the population growth in both Cavite and Laguna and we believe it is higher than the national average, about 50 percent higher than the average. There are about 3 million people in Cavite and 2 million in Laguna.”

MPCALA Holdings is a subsidiary of Metro Pacific Investments Corp. (MPIC).

The Calax project will start from the Cavite Expressway (Cavitex) in Kawit, Cavite and end at the Mamplasan interchange of the South Luzon Expressway (SLEX) in Binan, Laguna.

MPTDC said that in line with this project, the company is hoping they will grow a little faster than the industry.

“Right now the industry is 330 km and we have about 61 percent of the industry. The industry will grow [and] our hope is we will grow a little faster than the industry. That’s our hope,” Fernand
Source: Manila Times

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New Road Near Lancaster New City

MANUEL V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) is set to bag the 45.5-kilometer Cavite-Laguna Expressway (Calax) deal after submitting a surprise aggressive offer in a rebidding exercise for the public-private partnership (PPP) project that edged out rival San Miguel Corp.

Bidding results at the Department of Public Works and Highways showed that Metro Pacific’s MPCALA Holdings offered a premium payment of P27.3 billion— against San Miguel Holdings Corp.’s offer of P22.2 billion— for the right to build and operate Calax for a period of 30 years.

The premium amount, to be paid on a staggered basis, comes on top of the tollroad’s P35.4-billion construction cost.

It was also more than double the P11.33 billion that MPIC, which controls the country’s biggest electricity retailer and its largest chain of private hospitals, offered in last year’s auction for the same project.

Ramoncito Fernandez, president of tollroad arm Metro Pacific Tollways Corp., said MPIC had more time to consider new indicators on the pace of development in Cavite and Laguna, car sales as well as the lower cost of commodities.

“We are very happy with this development. We always wanted to have a major toll road in the south,” Metro Pacific president Jose Ma. K. Lim said during the same event Tuesday.

MPIC already operates the 14-km Cavite Manila Expressway in southern Metro Manila apart from North Luzon Expressway and Subic-Clark-Tarlac Expressway (SCTEx) north of the capital.

The bidding result also implied a massive windfall for the government and underscored the intense competition for assets being bid out under the flagship PPP program of the Aquino administration.

“It’s worth the wait. The results say everything went perfectly all right for the government and for the country,” Rafael Yabut, chair of the DPWH bids and awards committee, said in an interview.

The initial round had failed after President Aquino ordered a rebid late last year after San Miguel sought Malacañang’s intervention following its disqualification over a typographical error on the date of its bid bond.

San Miguel had offered P20.1 billion last year—the basis of a floor price that the DPWH had included in the current rebid exercise. The tandem between Ayala Corp. and a unit of Aboitiz Equity Ventures Inc.—last year’s frontrunner with an offer of P11.66 billion—did not participate in the current auction while the MTD Group of Malaysia also did not participate again.

The DPWH expects the Calax project to be awarded by next month. It is expected to be fully completed by 2020, PPP Center executive director Cosette Canilao said.

The Calax will be four-lane expressway that will also connect Cavitex and the South Luzon Expressway (SLEx) of San Miguel.

Source: http://business.inquirer.net/

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Oakwood(Turned Over) - Carmona Estates House and Lot, Cavite

Come! Own  your CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD now! Experience life at its best at Pines in Carmona Estates, yes you can!!!
Contact us now at Filprimehomes 09199486003.

House Model  : Oakwood B
Property Type :  Single Attached (2 storey)
Village Name :  Carmona Village Ph. 8 and 9
Village Location :  Brgy. Lantic, Carmona, Cavite, Philippines 4116
Bedroom :  4
Bathroom :  2
Garage : 1
Lot Area :  100 sqm.
Floor Area : 104 sqm.
Selling Price :  PhP  2,507,000.00(Please ask for updated price)
Monthly DP (24 mos) :  PhP 21,729.67
Construction Status: Pre-selling (Ready for Occupancy Units are now available)
Contact Info. :  +63932-860-8685
Website: http://www.filprimehomes.com

HOUSE FINISHES FOR CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

4 Bedrooms with wall partition & ceiling & painted finish
2 Toilet & Bath w/tiles & complete set of bathroom fixtures
Pre-painted long span roofing
Tiled Kitchen Counter with stainless kitchen sink
Interior and exterior wall paint finish
Ceramic bathroom fixtures
Steel casement windows
Plain cement floor finish
Electrical fittings like outlets, sockets, circuit breaker in all parts of the house

FLOOR PLAN AND DIMENSIONS OF CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

Ground Floor:
Living Area & Kitchen & Dining: 27.75 sq.m
Bedroom 1: 7.85 sq.m
2 Toilet & Bath:  4.20 sq.m

Second Floor
Master's Bedroom: 10.95 sq.m
Bedroom 3: 7.00 sq.m
Others: 10.97 sq.m

AMENITIES OF CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

Chapel
School
Entrance Gate
Basketball Court
Clubhouse
Swimming Pool
Shuttle Service
Concrete Road Network
24-hour Security
Electricity provided by Meralco
Centralized Water System
Proximity to Commercial Area and Shopping Malls

CARMONA ESTATES DEVELOPMENT PROFILE

Comfort and convenience
Situated at Brgy Lantic in Carmona, Cavite, PRO-FRIENDS’ Carmona Estates is a thriving community complete with a school right within the estate.  Families can afford to take it easy on a school day as kids can simply walk or take a bike to school.
Commercial establishments have set up shop in a portion of the estate, near the school, so residents can really get what they need in less time and with less effort.

Carmona Estates is also the family’s choice for exclusivity and security. Two entrance gates are ably-manned by security personnel, making their rounds day and night, ensuring that homes are safe.

Families will take pleasure in how Carmona Estates has kept its natural, green surroundings that make it peaceful and refreshing.  There are playgrounds and other amenities such as basketball court, swimming pool and other sports facilities that will challenge both the imagination and the athletic skills of your children.This vast estate can be easily accessed via Carmona Exit, Mayor’s Boulevard from the South Luzon

Expressway (SLEX).  It is less than 10 minutes from the Carmona town proper and public market, while it is only a 30-minute drive from the Makati Central Business District.A shuttle service is available for use of residents and guests to go around the estate for a minimal fee.

Homes that are cozy for the kids and young at heart
Carmona Estates offers house and lots that are roomy and cozy, yet sturdy enough to take on the rough and tumble games of your children.Carmona Estates offers five model houses. The Pines and Cypress is a three bedroom townhouse, while the Oakwood is a  four bedroom single-attached house model. Both have the modern look that matches the families’ youthful outlook. The newly-developed  house models – Linden and Maple - are single-attached with three bedrooms each.

OVERVIEW
Land Area: 60 hectares
Location: Carmona, Cavite
House Models: Pines, Oakwood, Linden, Maple, Cypress
Typical Selling Price Range: Php 1,120,000 – Php 2,000,000

SAMPLE COMPUTATION FOR CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

Highlight and right click the link below and click go to in the drop down menu OR Copy and paste the link below in a new tab for detailed sample computation

https://docs.google.com/spreadsheet/pub?key=0AnRddn43IrNxdC1mU3J6M1hRbDJIMnRBS3JBc2V4MGc&output=html

AMENITIES OF CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

Chapel
School
Entrance Gate
Basketball Court
Clubhouse
Swimming Pool
Commercial Center (Inside Carmona Estates)
Shuttle Service
Concrete Road Network
24-hour Security
Electricity provided by Meralco
Centralized Water System
Proximity to Commercial Area and Shopping Malls


ACCEPTED PAYMENTS FOR CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

When Paying for Reservation Fee:
Cash - Philippine Pesos
Personal Checks or Company checks or Managers Check
Credit Cards

When Paying for Downpayment:
Cash - accepted for 3 months only
Postdated Checks - required for the remaining downpayment

When Paying for Amortization:
Postdated Checks
Automatic Debit from Bank Account

BANK FINANCING INITIAL REQUIREMENTS CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

3 pcs. ID picture
Marriage Contract
2 Valid ID & TIN & Cedula
Proof of Billing
Consularized SPA Bank Form (OFW Buyer)
Good credit record
15 pcs. Postdated checks for Monthly Down payment
9 pcs. Postdated checks for Monthly Amortization

IN - HOUSE FINANCING REQUIREMENTS FOR CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

3 pcs. ID picture
2 Valid ID & TIN & Cedula
Marriage Contract
70 pcs. Postdated Checks

HOW TO AVAIL CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

a. Thru Bank Financing
Reservation Fee: PhP 20,000.00 Down payment: 12.5% of the Total Contract Price. To be paid in 15 monthly installment without interest. Start of payment: 30-45 days after paying the reservation fee.  Balance Loanable: 87.5% will be loaned from our accredited bank. This is called the bank amortization. Our Developer's office will process your loan. Start of payment: On the 16th month.  After 15 months of paying in full the 12.5% down payment. If you pay the down payment in full cash, your bank amortization will still start on the 16th month.  Estimated Move-in Date: On the 25th month. After 24 months of paying the down payment and bank has paid the Developer.

b. Thru In-house Financing
Reservation Fee: PhP 20,000.00 Down payment: 30% of the Total Contract Price. To be paid in 24 monthly installment without interest. Start of payment: 30-45 days after paying the reservation fee. Balance Loanable: 70% will be financed by the Developer. This is called the In - house amortization. Our Developer's office will process your loan. Start of payment: On the 25th month. After 24 months of paying in full the 30% down payment. If you pay the down payment in full cash, your amortization will still start on the 25th month. Estimated Move-in Date: On the 25th month. After 24 months of paying the monthly down payment.

c. Cash Deferred Payment - 24 Equal Monthly Payments NO Interest
Reservation Fee: PhP 20,000.00 Down payment: There is no down payment required. Amortization: There is no amortization. Cash deferred payment is considered as cash. Reservation fee is deducted from Total Contract Price. The balance will be divided into 24 monthly installment without interest. Start of the 24 monthly payment: 30 days after paying the reservation.Estimated Move-in Date: On the 25th month. After 24 months of paying the monthly installment.

d. Spot Cash
Reservation Fee: Php 20,000.00 The balance will be entitled with a discount ranging from 4-10% depending on when you will pay in full.

PLACES OF INTEREST

MALLS NEAR CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

- 3 Minutes drive to Waltermart Carmona, Cavite
- 15 Minutes drive to SM Dasmarinas, Cavite
- 10 Minutes drive to Alabang Town Center (ATC) and Festival Mall (Via SLEX)
- 30 minutes away from Makati City Business District
- 3 Minutes drive to Carmona Public Market

SCHOOLS NEAREST TO CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

Perpetual College, (Binan)
De La Salle University (Laguna)
STI College (Carmona)
Colegio de San Agustin
St. Anthony de Carmelli (Private Elementary & High School within Carmona Estates.)

BANKS IN THE VICINITY OF CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

BPI
China Bank
Metro Bank
Allied Bank
BDO
Land Bank

RESORTS AND RESTAURANTS NEAR CAVITE HOUSE FOR SALE - 4BR CARMONA ESTATES OAKWOOD

Splash Island
Barrio Fiesta (Carmona)
Southwood Manor (Golf & hotel restaurant)
30-45mins drive to TAGAYTAY.

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Cavite - Philippine Infrastracture Projects

Cavite Infrastracture Projects
For more info about ongoing Projects
http://www.dpwh.gov.ph/infrastructure/pms/search/04a.asp?look_for=cavite



About Gateway Asia:
http://www.ramboll.com/megatrend/feature-articles/gateway-asia-2030

Approved Projects:
1. LRT- 1 South Extension Project (Bacoor)
2. Cavite- Laguna Expressway (Calax)

Proposed Projects:
1. LRT- 1 South Extension Project (Imus to Dasmarinas)
2. Aquino-Sangley International Airport (Cavite City)
3. Aguinaldo-Sanley International Seaport (Cavite City)

4. Aguinaldo-Sanley Light Rail Transit ( 32.5 km to Sanley Point)

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