MONTE CIELO DE PEÑAFRANCIA

(Copy of MEMO)

To:                  ALL  FEGC  SALESFORCE
FROM:            THE EXECUTIVE COMMITTEE
SUBJECT :      OPENING OF MONTE CIELO DE PEÑAFRANCIA
DATE:             APRIL 9, 2003
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We are pleased to announce the activities in Monte Cielo de Peñafrancia.

1.  ACCEPTANCE OF SALES - May 2, 2003 at Fil - Estate Naga Office.
2.  GRAND OPEN HOUSE - May 3, 2003 at the Clubhouse of Monte Cielo de Naga.
3.  PRICE, TERMS & CONDITIONS:
         a.  Block 1 to 11 and Block 16 - P 1,900.00 / sq.m. 
         b.  Block 13 to 17 - P 2,100.00/sq.m. 
         c.  Corner lot plus - P 200.00/sq.m.
         d.  Downpayment  24% within  60 days, Balance payable in 5 years 
              or  10 years at 18 % interest per annum.
         e.  Reservation - P 10,000.00
         g.  Prices is good only for the 1st 50 lots after which plus P 200.00 / sq. m. 
4. DISCOUNTS:
         1.  Cash - 12 % discount of the Total Contract Price
         2.  50 % Downpayment - 10% discount on the D/P; Balance payalbe in one year 
              interest free. 
         3.  24 % Outright D/P - 7% Discount
              D/P within 30 days - 5 % Discount
              D/P within 60 days - no discount
5.  MEMO FOR PRICES & TERMS FOR THE HOUSE & LOT WILL BE ISSUED BY THE HOUSING DEPT. 
 


 
Source:
 (Approved Information Materials / Map for REGISTERED SALESFORCE - FESI)
EMAIL : fil_div_143@yahoo.com
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