PACIFIC CONCORD PROPERTIES, INC. :PACIFIC CONCORD PROPERTIES, INC.


CAPITALIZATION :Shareholder Percent Ownership Filipino: Ronald M. Lim 50.00% Others 10.00% Foreign: Nihon Pacific Investment Management, Ltd. / Jeffrey Q. Finney 30.00% Japan Asia Ventures Agency, Ltd. (JAVA) / Dr. Masayuki Imai 10.00% Total 100.00% CAPITALIZATION MAJOR SHAREHOLDERS PCPI has an authorized capital stock of PHP200 million.


Jeffrey Q. Finney – Chairman of the Board :Jeffrey Q. Finney – Chairman of the Board Australian citizen, has a strong background in commercial and residential projects and marketing not only in Australia but in Hong Kong, Japan and the Philippines as well. Holds an Australian Real Estate License and Investment Management License in Japan. Honed his skills in real estate by working with Baillieu Knight Franks for more than 13 years. BKF is one of the largest and most successful real estate undertakings in Australia with over A$3 billion in projects managed and marketed by the Melbourne office leasing section. Established Nihon Pacific Limited in Hong Kong and later, Nihon Investments. Nihon Pacific specializes in property consultancy specifically the offshore marketing of Australian residential projects. Concurrently the senior director and a shareholder of Japan Investment Management Agency [JIMA], Japan Asia Ventures Agency [JAVA], MTS Japan and NihonPac Investment Consultants in Thailand.


Ronald M. Lim – President & CEO :Ronald M. Lim – President & CEO Mechanical engineering graduate of De La Salle University. More than 15 years of experience in sales and marketing of real estate properties, fitout of hotel and property management in the Philippines and other Asian countries.   Honed sales and marketing skills with a publicly listed company as an independent marketing group tasked to market and sell development projects, located in Makati, Cebu and Boracay.   Served as a consultant for Quantum Hotels who manages BSA Tower and BSA Suites.


Slide 5:Conceptualized and pioneered the condotel scheme and opened Century Citadel Inn located in P. Burgos Street, Makati City as the first condotel in the Philippines in 1993. Partnered with Jeff Finney and engaged in property management, consulting and fit-out in Hongkong.   In 2002, together with Jeff Finney, Masayaki Imai and other local investors, he established PCPI.   Formulates and directs PCPI’s marketing and selling strategies and activities.


ABOUT PCPI :ABOUT PCPI PCPI develops Condominium-Hotel (Condotel) properties that respond to the high demand for hotel rooms in key cities. Pacific Concord Properties, Inc.


ABOUT PCPI :ABOUT PCPI Manila Office: 2nd floor JTIC Building 622 Shaw Blvd. corner Samat St. Mandaluyong City, 1552 PHILIPPINES Cebu Office: Building E Unit 112, Lancaster Cebu Resort Residences, Brgy. Pusok, Lapu Lapu City, 6015 PHILIPPINES


AWARDS :AWARDS


PROJECTS :PROJECTS Lancaster Suites 32 floor residential condotel comprising of 405 units located in Shaw Blvd, Mandaluyong City. The Condotel operation was launched on December 27, 2007. Lancaster the Atrium The first residential condotel in the Philippines with a 32-floor high atrium from 2nd floor up to the penthouse. The 2nd phase of the Lancaster development in Shaw Blvd., Mandaluyong City.


PROJECTS :PROJECTS Lancaster Cebu is located in barangay Pusok, Lapu-lapu City – 3 minutes from the airport. The Condominium units are delivered completely furnished and ready for condotel use. The Condotel operation was launched on March 1, 2007.


Features and Amenities :Features and Amenities HOTEL LOBBY


Features and Amenities :Features and Amenities SWIMMING POOL


Studio Suite :Studio Suite


Studio Suite :Studio Suite


Studio Suite :Studio Suite


2-Bedroom Suite :2-Bedroom Suite


2-Bedroom Suite :2-Bedroom Suite


2-Bedroom Suite :2-Bedroom Suite


2-Bedroom Suite :2-Bedroom Suite


Lancaster the Atrium :Lancaster the Atrium


Lancaster the Atrium :Lancaster the Atrium The Lancaster development sits on a 3,988 sqm. lot located along Shaw Boulevard. The two-tower Lancaster The Atrium is the second and third phases of the three (3) phase Lancaster development. All three phases will have a common podium that will ultimately connect the three towers seamlessly. This will enable unit owners in any of the three towers to enjoy all of the facilities of the whole Lancaster development.


Location :Location


Slide 23:Edsa MRT Station : 5-Minute Walk Edsa Shangri-La Hotel and Mall : 2-Minute Drive SM Megamall: 3-Minute Drive Brand New Medical City Hospital: 5-Minute Drive Poveda Learning Center: 2-Minute Drive La Salle Greenhills: 3-Minute Drive


Physical Description :Physical Description Below are the typical floors of Lancaster the Atrium according to use: Basement 1 to 5 : Parking Spaces Podium Level Lower Ground : Commercial Areas Upper Ground : Lobby/Commercial Areas Mezzanine : Commercial 2nd Floor : Commercial/Residential 3rd & 4th Floor : Commercial/Residential 5th Floor : Leisure/Health Club, Outdoor Dining, Restaurant Residential 6th to 25th, 26th to 30th A & B Floor : Studio & 1Br 31st Floor : 1BR, 2BR & 3BR Bi-Level Penthouse : 3BR Bi-Level


Features and Amenities :Features and Amenities


Features and Amenities :Features and Amenities HOTEL LOBBY


Features and Amenities :Features and Amenities ELEVATOR LOBBY


Features and Amenities :Features and Amenities SWIMMING POOL


Features and Amenities :Atrium and landscaped garden Swimming Pool Commercial establishments on lower ground, upper ground and mezzanine. Grand Lobby with reception counter Businessmen’s Club Gym and Spa High speed elevators Function Room Telephone Operator CATV-ready Multi-level basement parking Automatic fire sprinkler system for all units 100% standby generator Underground reservoir Provision for PABX service 24-hour monitoring security Maintenance and Housekeeping services Laundromat services Hotel Shuttle Service Available Features and Amenities


COMPETITIVE ADVANTAGE :COMPETITIVE ADVANTAGE BUY SAFE PAY EASY CONDOTEL ADVANTAGE


Slide 32:BUY SAFE – Buyers’ Payments are Deposited in an Escrow Account PCPI is the only developer in the country who uses an escrow account to accept payment from the buyers and disburses funds for construction and other project related expenses. This mitigates the common problem in the past wherein buyers pay directly to the developer and disbursements of the funds are left to the discretion of the developer. All disbursements from the escrow account are approved by the appointed attorney-in-fact of the buyers.


Slide 33:PAY EASY - Affordable and Longer Payment Terms Zero downpayment and zero interest payment plan that extends up to six (6) years, an industry first. Longest in-house financing offered in the market --- 12 years to pay. Zero interest during the first four (4) years (or during construction) and competitive interest rate upon turnover (or during the next eight (8) years). Big discounts on cash sales and payment schemes with downpayment.


“Big discounts on cash sales” :“Big discounts on cash sales” Spot Cash – 20% Discount Residential Unit: Executive Suite Total Contract Price: PHP2,863,424.16 TCP 2,863,424.16 Less: 572,684.83 (20% Discount on TCP) NCP 2,290,739.33


Slide 35:30% DP with 20% Discount on DP * Residential Unit: Executive Suite Total Contract Price: PHP2,863,424.16 * Other Payment Terms with Discounts on DP: 25% DP with 16% Discount on DP 20% DP with 12% Discount on DP 15% DP with 8% Discount on DP 10% DP with 4% Discount on DP


“Enjoy easy payment terms” :“Enjoy easy payment terms” 60 Months 0% Interest (67/33) Residential Unit: Executive Suite Total Contract Price: PHP2,863,424.16


Slide 37:72 Months 0% Interest Residential Unit: Executive Suite Total Contract Price: PHP2,863,424.16 48 Months 72 Months OWNER CAN ALREADY MOVE IN (PROVIDED HE HAS ALREADY PAID 30% OF THE TCP OF HIS UNIT.) CONSTRUCTION PAYING PERIOD


Slide 38:12 Year Plan Residential Unit: Executive Suite Total Contract Price: PHP2,863,424.16 NOTE: No partial payment, prepayment or change in payment term shall be allowed during the first 8 years of the payment plan.


Benefits of Joining the Condotel :Benefits of Joining the Condotel Superior Rental Income The condotel operation ensures that the unit owners earn better rental income from their units compared to conventional leasing. The rental income can subsidize largely the monthly installment of the unit if the unit is not yet fully paid.


Slide 41:Fair Distribution of Rental Income All of the unit owners enrolled in the condotel receive the same income per square meter per month regardless of actual unit occupancy.


Slide 42:Total Property Management The professional hotel manager ensures the complete maintenance and upkeep of the units in the condotel. Every billing concern such as association dues, real estate taxes and other fees and charges are deducted from the rental income of the unit.


Slide 43:Stress-free Property Investment Monthly rental income from the condotel operation is assured credited to the unit owner’s bank account regardless of where around the world the unit owner is residing.


Slide 44:Flexibility The unit owners have the option to occupy their own unit when the need arises by availing of any of the following: 50% Discount from Published Rate Temporary Pull-out of the unit from the condotel


Condotel vs. Conventional Leasing :Condotel vs. Conventional Leasing Condotel Earns superior monthly rental income because the units are booked as hotel rooms and benefits from higher occupancy and room rates. Conventional Leasing Limited earning potential since monthly rental income is fixed.


Slide 46:Condotel Assured monthly income whether the unit is rented or not. Conventional Leasing No income when unit is not rented.


Slide 47:Condotel The professional hotel management is responsible for promoting the condotel and selling hotel rooms by using an effective and comprehensive marketing program through traditional and internet-based selling and marketing tools. Conventional Leasing Unit owner spends time in finding a tenant and may incur personal expenses to advertise and pay brokers’ commission.


Slide 48:Condotel Unit is assured of professional quality upkeep and maintenance. Conventional Leasing Upkeep and maintenance of the unit depend on the tenant and the unit owner. Foreign-based unit owners may have to hire a property manager or caretaker.


Slide 49:Condotel Unit owner has the option to occupy own unit by temporarily pulling out from the condotel pool or to check-in to any room at preferential rates. Conventional Leasing Unit owner is deprived of use of his unit for the duration of the lease.


Slide 50:Condotel Added service and convenience in paying association dues, real estate taxes and other fees and charges through an automatic deduction from the unit owner’s rental income. Conventional Leasing Unit owner has to monitor payment of association dues, special assessments, real estate taxes and other fees and charges to avoid penalties.


Slide 51:Condotel Punctual payment of utility bills thereby no fear of disconnection or service suspension. Conventional Leasing Service may be disconnected or suspended if the unit owner or tenant neglects to pay utility bills.


Slide 52:Condotel Monthly rental income is directly credited to the unit owner’s bank account. Conventional Leasing Collection of rent is the responsibility of the unit owner.


Frequently Asked Questions (FAQs) :Frequently Asked Questions (FAQs)


Slide 54:Question Is the condominium unit I purchased ready for condotel operation? Answer The condominium unit has to be fully-fitted based on hotel quality standards as determined by the hotel management before it can be accepted for condotel operation.


Slide 55:Question How can my unit qualify as a condotel? Answer In order to qualify, the unit has to be fitted out according to the hotel standards and specifications set by the hotel management.


Slide 56:Question What are included in the condotel fit-out package and how much? Answer The fit-out package includes hotel standard finishing upgrades, furniture, appliances, silverware, chinaware, linens, towels, etc. that are required to make the unit ready for condotel operation.


Slide 57:Question Are there other expenses that I will incur if I join the condotel pool? Answer A joining fee will be collected from unit owners who would like to join the condotel pool. The joining fee is refundable upon termination of the rental management agreement provided that the termination occurs after the initial term of the agreement.


Slide 58:Question What is the projected rental income of the condotel? Answer Based on reasonable economic and financial assumptions and under normal condotel operation, rental income is projected at PHP800 – PHP900 per square meter per month, assuming an average occupancy rate of 70%. This will give the unit owner an average return on investment (ROI) of 10% – 14% per annum.


Slide 59:Question When and how will the rental income be distributed? Answer Release of the unit owner’s monthly rental income, after deducting association dues, special assessments, real estate taxes, and fees and charges will be in the form of a check, in Philippine currency. Other modes of payment of the rental income preferred by the unit owner may be arranged with the hotel management.


Condotel Model Unit * :Condotel Model Unit * Executive Suites * Pictures were taken from the actual model units of Lancaster Suites. The finishings and furnishings are subject to change based on the availability of the materials used.


Executive Suites :Executive Suites


Executive Suites :Executive Suites


Executive Suites :Executive Suites


Executive Suites :Executive Suites


Executive Suites :Executive Suites


Condotel Model Unit * :Condotel Model Unit * One Bedroom * Pictures were taken from the actual model units of Lancaster Suites. The finishings and furnishings are subject to change based on the availability of the materials used.


One Bedroom :One Bedroom


One Bedroom :One Bedroom


One Bedroom :One Bedroom


One Bedroom :One Bedroom


One Bedroom :One Bedroom


The Tourism BoomNews Clippings and Articles :The Tourism BoomNews Clippings and Articles


Slide 74:A strong, long-lasting Real Estate and Tourism Boom By Senator Manny Villar An article published in the Business Mirror, October 17, 2006


Slide 75:“We might be seeing the start of a tourism boom, and it looks like we will be finishing the year with close to three million visitors, which is an all-time high.” - Senator Manny Villar On the Tourism Boom…


Slide 76:“And so, for the first time, we see a lot of people really talking about tourism. Old tourist sites are being reopened and new ones are being built. Existing hotels are enjoying higher occupancy rates.” - Senator Manny Villar On Hotel Occupancy…