grass ppt t2

QUEZON CITY:Accepted Consumer Beliefs

• An old but still progressive city, being the previous Philippines’ capital (1948-1976)• The largest of Metro Manila’s cities in terms of population (2.68Mn, 23% of total) and land area (160

sq.km., 25% of total metropolitan area)• Home to many old residential developments of different market segments, from the low-income to the middle to the

most affluent • Currently booming with offices, commercial and retail developments• Dotted with the country’s premier educational institutions• Area of well-known medical and government institutions

*Source: www.quezoncity.gov.ph

QUEZON CITY:Market Needs

LOCATION•The prestige and convenience of a Quezon City address•Living in an expanding, progressive city

PRODUCT•Breathing space amidst the city’s concrete jungle•Ease of living by way of the development’s facilities and offerings

LIFESTYLE•Practical and sensible living•Lock-up-and-go security addressed by condo living•Relaxing environment after a hard day’s work, without need to travel long distances

• Urban Achievers

• Early Nesters

• Foreign-based Filipinos

• Investors

• Foreigners

QUEZON CITY:The Target MarketDemographics

QUEZON CITY:The Target MarketPsychographics Modern

Practical

SmartActive

Private

•People who seek a private retreat from but right in the bustling, fast-paced city

•People who value convenience

•People who know they deserve nothing but the best value for their money

Project Concept

Why GRASS?Grass is the top-of- mind plant that best symbolizes a flourishing flora

community, similar to SMDC’s envisioned thriving community of families and individuals

at Grass Residences.

Why the color GREEN?The color of nature, the color of money.

*Symbolizes growth, rest, harmony, freshness, stability, safety.The elements characterized by Grass Residences.

GRASS RESIDENCESA relaxing oasis,

A thriving community,Right in the heart of the city.

*Source: www.color-wheel-pro.com

Project Overview

Tower 3

1,987 units

TIFTON

1,988 units

BAHIA

2,022 units

• Situated on a 3.6-hectare property in Quezon City, behind SM City North EDSA

• 3 modern-themed residential towers with ground level shared amenities, 2 parking buildings with commercial area

• A total of 5,997 units comprised of a mix of 1-Bedroom, 2-Bedroom, and 3-Bedroom types

Good Accessibility

• Bounded by Nueva Ecija St., Nueva Vizcaya St. and Misamis Ave.

• Conveniently located in a highly accessible area

- three entry points for residents' vehicles

- near MRT station and public thoroughfare

Convenient Location

• A mere 4-minute walk from SM North EDSA, SM's first and largest mall, via an exclusive bridgeway

• Near the country's premier educational institutions (UP, AdMU, Philippine Science High School)

• Near institutional, medical, and commercial establishments

• Near the NLEX-Mindanao Ave. entry point

.SM North EDSA

UP Techno Hub

UP Diliman

Quezon Memorial Circle

AdMU Phil. Science Phil. Heart Center

East Ave. Med. Center

Thoughtful Masterplanning

• Approximately 65% of total land area allotted to amenities and open space

• Tower 1: 39 residential floors (1,988 units); 2 basement parking floors (94 slots)



• Parking Building A: 4 parking floors (201slots); commercial area; amenity rooftop (basketball court)

• Parking Building B: 4 parking floors (218 slots); commercial area; amenity rooftop (badminton courts)

• On-site parking: 202 slots

Conventional Amenities offered at Grass’sprawling area

• Lounge and Main lobby

• Main clubhouse with function rooms

• Adult swimming pools (2)

• Kiddie swimming pools (2)

• Fitness gym

• Children's playground

• Cabanas and pavilions

• Landscaped gardens

Distinctive Amenities to enhance the Grass Living Experience

• Olympic-size swimming pool (1)

• Taraflex badminton courts (6)

• Covered basketball court (1)

• Jogging paths

• Sculptural courts

• Water cascade features

The Swimming Pool

*Artist’s rendition

The Clubhouse

*Artist’s rendition

*Actual shot

Tower Facilities that ensure hassle-free living

• Exclusive bridgeway connecting to SM North EDSA for residents' convenience

• High-speed elevators (6 in Tower 1, 4 each in Towers 2 and 3)

• 24-hour security

• Concierge services

• Back-up power system

• Fire alarm and sprinkler system

• Centralized mailroom system

• Centralized garbage collection and disposal system

• 10-ft. lighted perimeter fence

Project Unit Mix

• Mostly 1-Bedroom units offered in response to market clamor for smaller units, as per historical sales of Tower 1

• In effect, there's only limited inventory of 2 and 3 Bedroom units, making it a prime offering for Grass Residences

Tower 2: Unit Choices

• 96% of Tower 2 inventory is comprised of 1 Bedroom units

• Option to combine 1 Bedroom units is offered per residential level

Tower 2: Floor Plan - Lower Ground

Tower 2: Floor Plan – Upper Ground

Tower 2: Floor Plan - 2nd to 39th Level

Tower 2: Floor Plan - Penthouse

Tower 2: Typical 1-Bedroom

Tower 2: Typical 1 Bedroom with Balcony

Tower 2: Typical Combination 01

Tower 2: Typical Combination 02

Tower 2: Typical 2-Bedroom

Unit Finishes

Flooring

Bedroom: Polished anti-stain tiles

Living/Dining/Kitchen: Polished anti-stain tiles

T&B: Unglazed ceramic tiles

Wall

Bedroom: Painted smooth plastered finish

Living/Dining/Kitchen: Painted smooth plastered finish

T&B: Glazed ceramic tiles

Kitchen Countertop: China granite with sink and faucet

Ceiling: Painted finish

Tower 2 Unit Furnishings

Project Consultants

Project Architect: ASYA Design

Project Manager: Jose Aliling Const. Management, Inc.

General Contractor: Megawide Construction (T1 and T3)

Interior Design: M Contemporary Interior Concept Corp.

Structural Consultant : Sy^2 & Associates, Inc.

Mechanical Consultant: Domingo Lagman & Co.

Electrical Consultant: Mar A. Alix & Associates

Sanitary & Fire Protection Consultant: F. Figueroa & Associates

Landscape Consultant: E.A. Aurelio Landscape Architects

FINANCING SCHEMES

Towers 2 & 3

Tower 2 Tower 3Reservation Fee (RF) Php 25,000VAT 12% of TCP for units Php 2.5Mn and aboveOther Charges 5.5% of TCPSpot Cash

Discount on TCP 15% 13%DP Payment 100% of TCP less RF less retention

DP schedule 30 days after reservationRetention Payment Php 50,000 Php 50,000

Retention schedule Jun 1, 2013 Dec 1, 201210/90 Spot

Discount on TCP 2% 3%DP Payment 10% of TCP less RF

DP schedule 30 days after reservationAmortization 90% of TCP

Amortization schedule in 36 equal installments in 30 equal installmentsevery 30 days, starting from DP payment

20/80 SpotDiscount on TCP 4% -DP Payment 20% of TCP less RF -

DP schedule 30 days after reservation -Amortization 80% of TCP -

Amortization schedule in 36 equal installments -every 30 days starting from DP payment -

Towers 2 & 3

Tower 2 Tower 3Reservation Fee (RF) Php 25,000VAT 12% of TCP for units Php 2.5Mn and aboveOther Charges 5.5% of TCP20/15/65 Spot

Discount on TCP - 4%DP Payment - 20% of TCP less RF

DP schedule - 30 days after reservationAmortization Payment - 15% of TCP

Amortization schedule - In 24 equal installmentsevery 30 days starting from DP payment

Lumpsum Payment - 65% of TCPLumpsum schedule - 30 days after last amortization payment

10/10/80 SpotDiscount on TCP 2% 2%DP Payment 10% of TCP less RF

DP schedule 30 days after reservationAmortization Payment 10% of TCP

Amortization schedule in 24 equal monthly installmentsevery 30 days starting from DP payment

Lumpsum Payment 80% of TCPLumpsum schedule 30 days after last amortization payment

20/36 Installment GiveawayDiscount on TCP - -DP Payment 20% of TCP less RF

DP schedule in 36 equal installments in 30 equal installmentsevery 30 days, starting from RF payment

Lumpsum Payment 80% of TCPLumpsum schedule 30 days after last amortization payment

FREQUENTLY ASKED QUESTIONS

FAQs On Residential Units

• Can a residential unit be used for commercial purposes?All residential units shall be used for residential purposes ONLY. Commercial activities shall only be allowed in the

designated commercial area in the development.

• Can a signage be put on any part of a residential unit?No signage shall be allowed to be placed, constructed nor erected on any part of the building that is visible from the

lobby, corridors, hallways and exterior of the residential building.

• Is the balcony part of the residential area?The balcony is part of the residential area of the building. However, the unit owner with such balcony is not allowed

to modify or alter such nor put any structure that is visible from the exterior of the building.

• Are pets allowed in the residential building?Household pets contained in an aquarium/terrarium and do not need to be taken out from the residential unit may

be allowed as long as their presence do not cause unreasonable noise, smell, harm or damage to the community or general public and they do not interfere with the normal enjoyment of a peaceful, sanitary and safe environment.

• How many persons are recommended to stay in a residential unit?In order for a unit owners and their families to fully enjoy the comfort and convenience of staying in a particular unit,

the recommended maximum number of occupants is as follows:Units with floor area of 20 sqm and below: 3 paxUnits with floor area of 20 to 40 sqm.: 5 paxUnits with floor area of 40 to 60 sqm.: 8 pax


• Can a residential unit be altered / modified?Alteration of the exterior of the unit and building by the unit owner is not allowed.No unit owner shall construct or erect any additional door, wall, floor, or any other structure within the unit. Alteration of the interiors of the unit (e.g. repainting, replacement of kitchen cabinets and tiles) can be allowed

provided that complete plans and specifications for alteration or modification are submitted to and approved by the Condo Corp (or to SMDC prior to formation).

• Can a unit be subdivided?Subdivision of a single unit into smaller units is not allowed.

• Can a unit be consolidated?Two or more adjacent units can be consolidated for the purpose of integrating these into a single unit, provided that

complete plans and specifications for alteration or modification are submitted to and approved by the Condo Corp (or to SMDC prior to formation).


• Can a unit be leased?A unit owner may lease his unit to any person, provided that: • the Owner shall submit to the Condominium Corporation the deed evidencing such lease • the lease of a residential unit shall automatically extends to the parking slot of the unit owner, if any• no lessee shall be allowed to sublease the unit leased or any portion of this unit

a) Can a unit be re-sold / transferred / conveyed?A unit owner may sell his unit, provided that:a) the unit owner has fully settled all obligations due and accounts payable and outstanding to SMDCb) the unit owner has fully settled all obligations due and accounts payable and outstanding to the Condominium

Corporation c) the sale or transfer of a residential unit shall automatically extends to the parking slot of the unit owner, if anyd) no transfer or conveyance of the Unit shall be valid if such transfer of the unit shall breach the nationality

requirement imposed by Philippine law

FAQs on Turnover

• When can a unit owner move in to their unit?Buyers will be allowed to move in 30 days provided the following conditions are met:a) Full payment of required downpaymentb) Signed and submitted all documentary requirements for move-inc) Paid all move-in fees (advance association dues, legal fees, etc.)d) Signed certificate of acceptancee) Bank financing: Bank letter of guarantee signed and accepted by unit ownerf) In-house financing: Approval of financing and issuance of required post-dated cheques for loan balance

• What is the purpose of collecting association dues?Association dues are used to ensure that the development is well-maintained. These are pooled into a Condominium

Corporation fund and managed by the Board of Directors, who shall annually provide the unit owners a copy of their audited Financial Statement .

Association dues cover the following expenses: insurance of amenities and buildings, permits and licenses mandated by the government, real property tax of the common areas and facilities, operational and utility expenses of the common areas (security, janitorial, garbage collection, electricity, water, etc), improvements on the development as approved by the Condo Corp.

• When will the unit owner start paying dues?A unit owner shall start paying the association dues if one of the following occurs:a) The unit has been turned over, even if owner is not yet using the unitb) The unit is deemed accepted by the unit owner

FAQs on Turnover

• How much is the monthly association dues?Association dues vary year from year, depending on the expenses generated to ensure the maintenance of the

development. These shall be different for residential and parking units. For residential units, it shall at a per square meter (sqm) charging, while for parking slots, it shall be at a per slot charging.

Sample computation (RESIDENTIAL UNIT):

Floor area of the unit: 24 sqm.Association dues: 50 Php / sqm.TOTAL PAYMENT DUE 1,200 Php

Sample computation (PARKING SLOT):

Number of parking slot: 1 parking slotAssociation dues: 500 Php / slot.TOTAL PAYMENT DUE 500 Php

TOP REASONS TO BUY GRASS RESIDENCES

Prestige of being beside SM’s first and largest mall, SM North EDSA

Great value for money in terms of brand , product and price

Convenience of being near relevant establishments – educational, commercial, medical and institutional

Sprawling amenity area for excellent leisure and recreation experience

Ensured professional building maintenance through property management

Top Reasons to Buy Grass Residences

grass ppt t2

Business