Major Homes Inc.

"Habambuhay na Hanapbuhay"
167 Edsa, Mandaluyong City

Greetings,
The purpose of this proposal is to introduce the newest concept in real estate and
provide a comprehensive business opportunity at the same time. Condormitel is a
condominium, dormitory and hotel that operates as one. It is a real estate asset for it
is fully secured a Condominium Certificate Title (CCT).
It can be leased out like a dormitory and with a service comparable to a hotel. Each
unit is fully furnished with 3-4 beds, thus giving unit owners the freedom to have their
spaces rented out on a per bed basis. Strategically located at the heart of the
University Belt Space U-belt offers a winwin situation for both tenants and investors.
Patterned after a sachet business model, units will be rented out on a per bed basis,
giving it a strong rental component. Located in the densely populated university belt,
Space offer condominium comforts, redefining the concept of dormitory living for
students.
Thank you very much and we look forward to providing you with excellent state-ofthe-art Real Estate Properties that will add value to your organization.

Sincerely yours,
Reynaldo P. Sta. Ana
Sales Manager
+63 915 322 4648

Brief Corporate Profile

Major Homes is a full-serviced real estate development company with interests and
initiatives in affordable housing, middle income condotels (condominium-hotel) and
high-rise condormitels (condominium-dormitory-hotel).With properties designed to
meet the varying needs of a vastly growing market apt to make the dream of real
estate and investment a reality, Major Homes welcomes Filipinos; wherever they are
in the world, back home.
Major Homes currently operates across 15 projects in and around Metro Manila.
Core target market includes middle to low income families as well as Filipinos
working overseas (OFWs). Major Homes positioning since inception has been to
cater to the broad-base of the housing market.
CORPORATE MISSION
Our mission is to uplift lives by building happy communities.
CORPORATE VISION
Major Homes strives to be your trusted name in community development.
Core Values
Interdependence
Integrity
Commitment
Honesty
Respect

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CHAPTER I. SPACE CONDORMITEL ADVANTAGE :

Condominium Unit is fully secured with a Condominium Certificate Title (CCT)

which you can trade, sell and mortgage after full payment.
Youre not just buying a property, youre owning a hassle-free business. Clients can
enroll their units in a rental pool which will be managed and serviced for them by a
dormitel facility
Units are fully-furnished with 3-4 beds (with an estimated P5,000 monthly Rental
per bed). All interiors utilize every inch of space, creating a comfy atmosphere far
from the typical bed spacing experience.
Strategically located along Recto Avenue, Space U-belt offers an attractive rental
yield from a student population of 365,000 within 1.3 km.

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CHAPTER II. PROJECT DETAILS

Location: C.M. Recto St. Manila

Property Type: Condormitel

Land Area: 2,027.73 SQ M

Total Number of Units: 1,768 (Residential)/95 (Commercial)

Number of Floors: 38 Storey

Unit Designs & Floor Plans

Each unit is fully furnished with 3-4 beds, including A/C Unit (Window Type) , Cabinet,
Mini - Refrigerator , Microwave Oven , Shower , Washing Machine and Study Desk.
Typical Floor Plan (11th-38th Floor)
14 SQM - 56 units
17 SQM - 2 units
20 SQM (Inner) - 2 units
20 SQM (Corner) - 1 unit
23 SQM (Corner) - 1 unit
14 SQM (3 BEDS)
17, 20, 23SQM (4 BEDS) Total Units per Floor 62 Units

Building Features
38 storeys
3-Level Retail for Dining, Convenience Shopping
& Cinema
Amenity Area at the 9th Floor
Secure premises with Security Key Card for all
Unit Owners
WI-FI provision on All Floors
Eight (8) Elevators with Air conditioned Main Lobby
CCTV System for Common Areas
24-hour Security
Fully-Automated Fire & Smoke Detection System
Water Reservoir & Separate Fire Reserves
Standby Emergency Power Cable TV Provision

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Location & Vicinity Map

Space U-Belt is strategically situated at the heart of the University Belt in Recto, Manila, just a few
meters away from top universities, Government Offices and Commercial Establishments.

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CHAPTER III. INVESTMENT SUMMARY:

DESCRIPTION
Space U-Belt 3 Bed Unit (15.59 SQM)

AMOUNT
Php 1,617,000
25,000.00

RESERVATION FEE
35% Percent Downpayment Less Reservation Fee

Php 540,950.00

35% Percent Downpayment Payable in 30 Months to Pay

Interest FREE (Monthly Payment)

18,031.67
Php 1,051,050

65% Percent Balance

65% Balance Payable in 180 Months thru Bank Financing

11,294.64

Return of Investment ROI based on Monthly Rent Revenues

DESCRIPTION
Space U-Belt 3 Bed Unit (15.59 SQM) @ 5,000php a
month per bed per student

AMOUNT
Php 5,000.00
15,000.00

Total Gross per month

Less: Association Dues @ 75 pesos per SQM

Php 1169.25

Less: Management Fees @ 55 pesos per SQM

Php857.45

Total Monthly Net Revenues

Php 12,973.30

Note: Management Fees only Applicable to Units enrolled in the Renting pool.

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CHAPTER IV. PROJECTED UNIT TURN OVER

The Projected Turnover of units of Space U-Belt is on First Quarter of 2017. The
most commonly used investment payment term is the 35/65. Where in you can pay
the Downpayment in (30) months in house finance and the Balance for (180) months
thru Bank finance and Pag-ibig Housing program.

CHAPTER V. CLIENT ACCEPTANCE

This proposal constitutes our terms of reference for the proposed engagement, and
when formally accepted constitutes the basis for our Reservation Agreement and the
formal contract.
Should the terms of this proposal be acceptable to you please indicate your
conformity by signing on the space provided below.
CONFORME:
______________________

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