Taft Property Venture Development Corporation COMPANY BACKGROUND Taft Property Venture Development Corporation Backed by VICSAL Development Corporation, the company that gave us the Metro Gaisano chain of stores Started its operation in 1997 Envisions to develop quality and affordable housing in Cebu. Developments Palmas Verdes (Mediterranean-inspired) Nichols Park (Traditional English-inspired) Palm Heights (Californian-inspired) Hacienda Salinas ( Spanish-inspired )

My Paradise in Cebu City Total Land Area 4 has Location Salinas Drive Extension, Lahug, Across Beverly Hills 3 mins to JY Square Mall & Lahug Market 6-8 mins to Waterfront Hotel, Marco Polo, Asiatown IT Park, & St. Therese Parish 10 mins to Ayala Mall & Cebu Business Park 700 m from the highway Theme Spanish-inspired subdivision with 160 units Accessible thru three (3) routes: 1. Beverly Hills access, passing thru Canyon Road then thru Elisa Valley (1km) 2. Sanson Rd. beside Petron across JY Square Mall at Lahug, Cebu City (600 m) 3. Salinas Drive Ext. beside Aderan Hotel (thru the market – 500 m) House & Lots and Lots Only

Hacienda Salinas

Hacienda Salinas

Hacienda Salinas Picasso Single detached 3 BR | 3 T&B|1 Maid’s Rm Balcony | 1 Carport Lot 140-234 sqm Floor 122 sqm Price Php 8M above Michelangelo Duplex 3 BR | 2 T&B | 1 Maid’s Rm Lot 108-178 sqm Floor 81 92 105 127 sqm Price Php 5M above Goya Townhouse 3 BR | 3 T&B Lot 75-118 sqm Floor 70, 115 sqm Price Php 4M above

SPOT CASH DEFERRED CASH IN-HOUSE FINANCING BANK FINANCING FINANCING SCHEMES SPOT CASH DEFERRED CASH IN-HOUSE FINANCING BANK FINANCING

FORMULAS 1.) 30% DOWN PAYMENT= TCP x 30% = P3,000,000.00 Monthly DP for 12 mos = (30% DP – RF) = P3,000,000 –P100,000.00 = P241,666.67 12 12 2.) 70% LOANABLE AMOUNT (LA) = TCP x 70% = P 7,000,000.00 3.)Montly Amortization (MA) for 5 yrs In-house = 70% LA + (70% LA x 16% x 5) 60 = P7,000,000.00 + P5,600,000.00 = P12,600,000 = P210,000.00 4.) Required Gross Family Income for In-house 5 yrs = MA 5 yrs = P 210,000.00=P700,000 30% 30% 5.)Montly Amortization (MA) for 10 yrs Wealthbank = 70% LA x PV Factor= P 93,477.30 6.) Reqrd Gross Family Income for Bank 10 yrs = MA 10 yrs = P 93,477.30 = P311,591.00 30% 30% 7.) Spot Cash Discount = NTCP x 5%= P8,000,000.00 x 5% = P 400,000.00 8.) Spot DP Discount = NTCP x 30% x 5% = P 120,000.00 9.) MSF if Spot Cash = (NTCP – SC Discount )x2.5 %= (P8,000,000.00 –P400,000.00) x 2.5%= P 190,000.00 10.) MSF if In- house = NTCP x 2.5%= P8,000,000.00 x 2.5% = P 200,000.00

REQUIREMENTS FOR MOVE-IN HOUSE TURNOVER REQUIREMENTS FOR MOVE-IN Payment of at least 30% down payment Post-dated checks equivalent to the number of months the account is payable Submission of standard requirements Completely signed Contract to sell and other legal documents Filled-out and signed MRI insurance and fire insurance Letter of Guarantee from the bank for Bank Financing Scheme accounts CONDITIONS CONCERNING MOVE-IN Constructed Units House Inspection/walk-thru with client, broker, engineering, AMG and PMG Issues residency permit to the unit owner Actual house turn-over is 2 to 3 months after walk-thru depending on Current house status Unconstructed Units House construction duration is 12-36 months depending on current status of the subdivision. House inspection/walk thru Actual house turn-over is 2 to 3 months after house inspection ACCOUNT MANAGEMENT GROUP

STANDARD REQUIREMENTS See NOTES for other Major Requirements Birth Certificate Marriage Certificate Passport Valid ID Residence Certificate TIN/BIR Form Proof of Income/Billing Affidavit of Waiver from Foreign Spouse (for Filipinos married to foreigners) Affidavit of Support (for unemployed Filipino spouses) See NOTES for other Major Requirements ACCOUNT MANAGEMENT GROUP

RESTRICTION HIGHLIGHTS Use of Lot Building & Structure Fences Homeowners Association PROPERTY MANAGEMENT GROUP

HOUSE REVISIONS EXTERIOR INTERIOR No revisions are allowed on the exteriors of the house more specifically if it affects its façade. Extensions and improvements not affecting the design of the house are allowable and is subject for approval of the developer. The buyer must submit its plans and cost estimates to the company to be evaluated by the engineering team. INTERIOR Revisions and or improvements of the interiors of the house are allowed based on the following conditions: As long as the expansions/revisions will not affect the structural stability of the house. Any additional materials and or labor resulting from the revisions, its cost will be paid for by the client. PROPERTY MANAGEMENT GROUP

PURELY RENTALS PROMO MICHELANGELO UNITS Furnished P50,000.00 Unfurnished P35,000.00 Exclusive of VAT and HOA dues NOTE: Marketing Service Fees is equivalent to one month rental. TERMS & CONDITIONS Minimum term is one (1) year contract, however, client may renew his/ her contract. We require three (3) months deposit and three (3) months advance, plus a minimum of nine (9) post dated checks (PDCs), depending on the number of years in contract. Furnished unit is with beds in all bedrooms, aircon in all bedrooms, curtains, dining table, gas range, refrigerator, washing machine, sofa, TV, and lightings. Price escalation is ten percent (10%) on the second year. Homeowners Association due is P15.00/ sq.m. per month (base on lot area) Electric and Water Bills will depend on client’s actual consumption. Additional payment of P100.00 for client’s Homeowner’s ID and another P100.00 for Car Pass (for each car). Five members may use the swimming pool for free. In excess of five (5), there will be a P100.00 charge per person.