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BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

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Page 1: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)
Page 2: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

1st Philippine Conglomerate to breach

PHP 1 Trillion in Market Capitalization

RETAIL BANKS PROPERTY

Page 3: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

BANKING PROPERTYRETAIL

OTHER INVESTMENTS

Page 4: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

GROUP COMPANY RANKINGS

Philippine RetailersFY 2018 Total Sales (USD mn)

Source: Company Information end-2018

Philippine ConglomeratesMarket Cap (USD bn)

Source: Bloomberg; Figures as of October 31, 2019

Philippine BanksTotal Resources (USD bn)

Source: Consolidated statements of condition (SOC), 1H 2019

Property DevelopersMarket Cap (USD bn)

Source: Bloomberg; Figures as of October 31, 2019

Philippine RetailersFY 2018 Store Count

SMIC 24.5JG Summit 10.8

Ayala Corp 10.6

SMC 7.8

Aboitiz Equity 6.2

GT Capital 3.8

Metro Pacific 3.0

LT Group 2.8

Alliance Global 2.2

DMCI 2.1

SM Retail 6,145Puregold 2,675

Robinsons 2,519

SM Retail 2,328Puregold 409

Robinsons 1,910

BDO 59.6Metrobank 45.0

BPI 41.7

Landbank 35.8

PNB 21.2

China Bank 17.8Security Bank 15.3

UBP 13.7

RCBC 13.3

DBP 13.2

SMPH 22.2Ayala Land 14.1

Megaworld 3.1

Robinsons Land 2.6

Vistaland 1.9

Double Dragon 0.9

Filinvest 0.8

SMIC, SM Prime, and BDO comprise 30% of the value of the Philippine Index

Page 5: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

1st Philippine Property Company to breach

PHP 1 Trillion in Market Capitalization

Five E-com

(2015)

Two E-com

(2012)

Mall of Asia

(2006)

Sea Residences

(2008)

Shell Residences

(2011)

SM Arena

(2012)

Conrad Manila

(2016)

One E-com

(2008)

SMX

Convention

Center, Manila

(2007)

Shore

Residences

(2017)

Page 6: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

EXPANDS TO CHINA

Page 7: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

EXPANDS TO CHINA

Page 8: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Launched over

47 ProjectsSold over

160,000 unitsAnd delivered over

60,000 units

SM Development Corporation

commits itself to provide access to

luxurious urban living through vertical

villages perfectly integrated with a

commercial retail environment, giving

its residents access to a truly

cosmopolitan lifestyle.

Page 9: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

KEYS TO SUCCESS

Prime

Location

Hotel-like

Lobbies

Resort-styled

Amenities

Professional

Property

Management

Integration of

Retail

Development

Page 10: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

“I want the Philippines to be a nation of homeowners…

I want everybody to be affluent so we will have a better life, primarily with a roof on our heads and a

good, clean environment to live in.

The environment plays a big role in your present and future because it shapes you.”

Henry T. Sy, Jr.Chairman, SM Development Corporation

The Vision

Page 11: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Congressional Districts 6/1 lone districtMunicipalities 19 / 13 Component CitiesNo. of Barangays: 662

Total Population: 3,059,136 (2015 Census)Number of Households: 572,574 FamiliesPopulation Density: 384 persons/sq. km. (August 2015 Census)Annual Population Growth Rate: 0.79 (2010-2015)

Capital of Negros Occidental

Page 12: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

BACOLOD: THE CITY OF SMILES

Page 13: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Places of Interest KM

SM City BacolodSMX / Park Inn Hotel - 2020

Within the complex

Bacolod Government Center 2.80 km

HospitalsBacolod Adventist Medical CenterDr. Pablo Torre Sr. Memorial Hospital

2.78 km1.88 km

SchoolsLa ConsolacionColegio de San AgustinUniversity of Negros Occidental University of St La Salle

3.92 m1.73 km1.62 km

2 km

HotelsL’ Fisher HotelCircle Inn Hotel Suites

1.26 km2 km

ChurchesSan Sebastian CathedralSt Jude Thaddeus ShrineCarmelite Monastery

450 m3.78 km

3 km

Tourist SpotsManokan CountryThe RuinsThe Negros Museum

390 m5.82 km709 m

PortsBredco PortBanago PortBacolod –Silay Airport Terminal

750 m3.45 km5.80 km

BACOLOD: The City of SMILES

Town & Cities

Distance From

Bacolod City

Total Population (2015)

PopulationDensity

Sources of Income Income Class

Bacolod City 561,875 3,500Commerce & Finance

BPOs/Bottling 1st Class – Highly Urbanized City

Silay 14.4km 126,930 590 Agribusiness/ Livestock3rd Class –

Component City

Talisay 7.3km 102,214 510 Agribusiness/ Livestock4th Class –

Component City

Bago City 21 km 170,981 430 Industrial 2nd Class –

Component City

Total Population (2015):

561,875

Number of malls

4Condominium:

3

Number of schools

280

Number of Hospitals

7

Churches:

23

Page 14: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Connecting CitiesExpansion of Bacolod Airport

New Bacolod Economic Highway Central Business District

Future Developments in Bacolod

Page 15: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Exploring Bacolod: Top Philippine Model City* (2017 & 2019)

https://en.wikipedia.org/wiki/Bacolod

Page 16: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Enjoy 365 days of scenic sunset views in Bacolod City’s Premiere Waterfront Development. SMILE Residences is the only residential development that

provides unobstructed views of the majestic Bacolod sunset.

SMILE Residences offers hotel-like lobbies, resort-styled amenities, and utmost convenience with its superior location within the premier lifestyle district of SM City Bacolod, providing access to a slew of shopping, dining and entertainment

options.

Page 17: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

HLURB LTS# PLS-06-002

Page 18: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

CONVENIENCE AND ACCESSIBILITY

Places of Interest KM

SM City BacolodPark Inn HotelSMX Convention Center

200 meters

Bacolod Seaport 700 meters

Public Plaza 800 meters

Capital Park and Lagoon 1.8 km

Public Market 2.0 km

New Government Center 4.2km

Nearest Hospitals 1.7km - 3.9km

Nearest Colleges and Universities 2.1km – 4.2km

Bacolod Airport 18.3km

The Ruins (Local Taj Mahal) 8.5km

Campuestohan Highland Resort 24.5km

Page 19: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

A PRIME LOCATION

Park-Inn Hotel by Radisson (3Q 2020)

SMX Convention Center

Pope John Paul II Tower

New Government Center

Bacolod City Seaport

SM Bacolod Tower (SM Offices) – SoonNational University (NU Tower) – Soon

Page 20: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

SITE DEVELOPMENT PLAN

Artist’s Perspective

Page 21: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

PROJECT DETAILS

SMILE RESIDENCES

Owner/Developer

SM Prime Holdings, Inc.

AddressReclamation Area, Bacolod City, Negros Occidental

Land Area 24,150 sqm

Project Type Medium Rise Residential

Number of Buildings

3 Tower Development10 Floors

Number of Units 1,192 units

Number of Parking Slots

215 Slots / On-grade Parking

Features and Amenities

Swimming pools, Function Area, Landscaped areas

Target Launch January 2020

Target Completion 51mos (3 years) March 2024

Artist’s Perspective

Artist’s Perspective

Page 22: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Artist’s Perspective

Artist’s PerspectiveArtist’s Perspective

Page 23: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Prime Location Master Planned Lifestyle District Well-appointed Amenities = Better Quality Time with the Family Safe & secure community Great Investment – Maximum return of your property investment

30,000 fulltime employees in the BPO Industry. 10 Ecozones (IT Parks and Center OPS)

More than 3,000 restaurants A list of exclusive schools, and top medical institutions

*Bacolod is the Philippines' third fastest growing economy in terms of information technology (IT) and business process outsourcing (BPO)

activities.*The city also tops the list in terms of quality of life, ahead of such

other mid-size cities like San Fernando, Baguio, Iloilo and Lipa.

A PROMISING INVESTMENT

Page 24: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

115,000

127,300

105,000

110,000

115,000

120,000

125,000

130,000

Apr-19 Dec-19

125,000

160,000

-

50,000

100,000

150,000

200,000

Oct-18 Dec-19

A PROMISING INVESTMENT – CAPITAL APPRECIATION

Page 25: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Quality Customer Service Stringent Safety and Security First Rate Facility Management

Spotless Cleanliness Transparent Transaction

SMDC Leasing Range of Services

Property Listing Management

Unit viewing arrangements

Negotiation of lease terms

Preparation of lease contract

Tenant move-in assistance

Our commitment to you does not end

when we give you the key to your

property. We enable you to realize the

maximum return of your property

investment through SMDC Leasing.

AN INVESTMENT THAT WILL LAST

Page 26: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Investors Local Upgraders (With OFW)Young Professionals

AreaPopulation Count Distance from

SMILE Residences

Bacolod City 543,220 0km

Silay 120,999 14.4km

Talisay 97,571 7.3km

Bago 163,045 21.5km

Antique 582,012 181.9km

Aklan 574,823 201.2km

Others

OFW’s 10,126

Average Household Size 5

Number of Household 108,644

Median Age 25.6 years old

TARGET MARKET

Page 27: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

*Artist’s perspective

BUILDING FEATURES

• 2 Passenger Elevators (Each Tower)

• 24/7 Security

• CCTV for Lobbies, Entrances,Amenity Areas and Hallways of 4th Floorsand 8th Floors

• Automatic Fire Sprinkler System

• Emergency Back Up Power> Common Areas:

100% Back Up Power> Residential Units:

1 Lighting Fixture1 Convenience Outlet1 Refrigerator Outlet

• Fire Exits

• Centralized Cistern

• Sewage Treatment Plant

• Cable/Telephone ready units

Page 28: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

INVENTORY BREAKDOWN

Page 29: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building A: 1st Floor

LEGEND UNIT TYPE AREASQUANTITY PER FLOOR

Flexi Unit28.52 -28.99

8

Flexi End Unit 29.76 1

Studio Unit 20 1

Studio Unit w/ Balcony

24.81 –27.01

19

Studio End Unit w/ Balcony

25.40 –27.17

2

TOTAL 31

*Actual and Final Floor Plans to be cascaded through Sales Directors

Page 30: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building A: 2nd Floor

LEGEND UNIT TYPE AREASQUANTITY PER FLOOR

Flexi Unit 28.52 3

Flexi End Unit 29.76 2

Flexi Unit w/ Balcony

31.16-35.52

12

Studio Unit w/ Balcony

24.81 –27.17

20

Studio End Unit w/ Balcony

25.40 –27.17

2

TOTAL 39

Page 31: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building A: 3rd – 10th (Typical Floor)

LEGEND UNIT TYPE AREASQUANTITY PER FLOOR

Flexi Unit28.52-29.76

9

Flexi End Unit 29.76 3

Flexi Unit w/ Balcony

31.16-31.25

6

Studio Unit w/ Balcony

24.81 –27.17

20

Studio End Unit w/ Balcony

25.40 –27.17

2

TOTAL 40

Page 32: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building B: 1st Floor

LEGEND UNIT TYPE AREASQUANTIT

Y PER FLOOR

Flexi Unit28.52 –29.76

11

Flexi End Unit 29.76 2

Studio Unit 20 1

Studio Unit w/ Balcony

24.81 –27.17

10

TOTAL 24

Page 33: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building B: 2nd Floor

LEGEND UNIT TYPE AREASQUANTIT

Y PER FLOOR

Flexi Unit 28.52 3

Flexi End Unit 29.76 2

Flexi Unit w/ Balcony

31.16-35.52 13

Flexi End Unit w/ Balcony

33.95 –34.01

2

Studio Unit w/ Balcony

24.81 –27.17

21

TOTAL 41

Page 34: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building B: 3rd – 10th (Typical Floor)

LEGEND UNIT TYPE AREASQUANTIT

Y PER FLOOR

Flexi Unit 28.52-29.76 9

Flexi End Unit 29.76 3

Flexi Unit w/ Balcony

31.16 - 31.25 7

Flexi End Unit w/ Balcony

33.95 - 34.01 2

Studio Unit w/ Balcony

24.81 –27.17

21

TOTAL 42

Page 35: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building C: 1st Floor

LEGEND UNIT TYPE AREASQUANTIT

Y PER FLOOR

Flexi Unit28.52 –29.76

11

Flexi End Unit 29.76 2

Studio Unit 20 1

Studio Unit w/ Balcony

24.81 –27.17

10

TOTAL 24

Page 36: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building C: 2nd Floor

LEGEND UNIT TYPE AREASQUANTIT

Y PER FLOOR

Flexi Unit 28.52 3

Flexi End Unit 29.76 2

Flexi Unit w/ Balcony

31.16-35.52 13

Flexi End Unit w/ Balcony

33.95 –34.01

2

Studio Unit w/ Balcony

24.81 –27.17

21

TOTAL 41

Page 37: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Building C: 3rd – 10th (Typical Floor)

LEGEND UNIT TYPE AREASQUANTITY PER FLOOR

Flexi Unit 28.52-29.76 9

Flexi End Unit 29.76 3

Flexi Unit w/ Balcony

31.16 -31.25

7

Flexi End Unit w/ Balcony

33.95 -34.01

2

Studio Unit w/ Balcony

24.81 –27.17

21

TOTAL 42

Page 38: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Typical unit Finishes

Wall Finishes Painted Cement Finish

Floor Finishes Tiles

Door Solid Panel Door

Toilet & Bath

Wall – Tiles and painted cement finishFloor- Tiles with waterproofingCeiling – PaintedFixtures – Water Closet, Lavatory, Soap Holder, Tissue Holder, Shower Head and Faucet

Kitchen Kitchen countertop with base cabinets and grease trap

Balcony

*if applicableWall – Painted FinishFloor – Tiles with waterproofingDoor – Glass door with Aluminum frame

Page 39: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Unit Layout: Studio w/ Balcony

DeliverableSuggested

Layout

Page 40: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Unit Layout: Flexi

Deliverable SuggestedLayout

Page 41: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Unit Layout: Flexi w/ Balcony

Deliverable SuggestedLayout

Page 42: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Unit Layout: Flexi w/ Balcony

DeliverableSuggested

Layout

Page 43: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Q1 2020 Standard Payment Terms

Page 44: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

Sample Computation15% Spread DP

Page 45: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

•Who is the owner and developer of SMILE Residences?-. SM Prime Holdings, Inc.

•Do we allow unit alteration and/or combination? • Yes, we will allow such request based on the approved SMDC policy

a. Non installation of toilet and bath fixturesb. Non installation of kitchen cabinet and counter topc. Non installation of finishes (i.e. ceramic tiles)

•Do we allow unit alteration and/or combination? • Buyer’s requests will only be entertained upon compliance and submission of the Unit Alteration/

Combination (Form) and other requirementsa. Payment of UACF Fee (see below)b. Buyer must have paid at least 20% of the TAPc. Buyer must not have any past due payable or unpaid penalties

FAQs

Unit Alteration Unit CombinationPer Set / Per Item:• Bedroom Partition / Walls• Toilet and Bath Fixtures (1pc or entire set)• Finishes (i.e. Floor tiles, Wall tiles, etc.)• Kitchen Cabinets and Countertop

PHP 10,000

Door Opening PHP 15,000

Wall Opening PHP 25,000

Page 46: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)

FAQs

•What are the utility providers:Power: CENECO Telephone: To be determinedWater Aqua Centro CATV: To be determined

•What are the additional reservation / leasehold requirements?- Construction Waiver

•Where can we accept reservation?- Bacolod City/Iloilo City- Manila

•How much is the reservation?- P25,000 – Residential- P10,000 – Parking

•What is the unit to parking ratio? - 1:6

• Location of the Showroom and Sales Admin Office:• 2nd Floor SM City Bacolod

Page 47: BANKING RETAIL PROPERTY · Mall of Asia (2006) Sea Residences (2008) Shell Residences (2011) SM Arena (2012) Conrad Manila (2016) One E-com (2008) SMX Convention Center, Manila (2007)