Professional Documents
Culture Documents
Project Overview
• Project Type : Residential condominiums
• Product Type : Medium-rise development
• Unit Type : 2-BR, 3-BR, 3-BR Tandem
• No. of Buildings: 7 Mid-rise buildings
• No. of Units : 738
• Price Range : P2.26M – P5.25M
• RFO : August 2009 (Honolulu)
Ohana Place
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TOYOTA ALABANG
- offer big unit floor areas with 2-3 bedrooms, 2-3 T&B, maid’s rooms, service area,
bedrooms with built-in cabinets, grilled front gate and own carport area.
- lot and floor area configuration:
LOT AREA : 55.00 – 200.00 ++ SQ.M.
FLOOR AREA : 52.00 – 128 SQ.M.
Upper-mid projects are more attractive due to: presence of basic community
amenities and facilities such as clubhouse, swimming pool, parks and playground and an
entrance gate with 24-hour security; having highly themed residential architecture
(Mediterranean, Italian, California, etc.); and lastly, due to developer’s name, of which,
Villar’s Camella and Crown Asia are key players in the area.
Monthly amortization:
- Upper-mid products: Php 30,000 up to 70,000.00 per month
- Core mid-products: Php 20,000 to 35,000.00.
Miscellaneous fees or TCT transfer fees of some projects in Las Piñas are already
inclusive in the TCP as seen in, Camella, Crown Asia and Woodridge Properties
Projects.
FOR SALES TRAINING PURPOSES ONLY
HIGHLIGHTS OF THE RESIDENTIAL MARKET LANDSCAPE
4. The market of these projects are mostly coming from Las Piñas and Cavite while some
are from Manila and Makati. These buyers purchase in Las Piñas for the following
reasons:
- Price
- Nearness to place of work
- Nearness to Manila (Cavite residents)
5. Based on the competitive scan and focus group discussion among residents of Las
Piñas-Paranaque-Muntinlupa and nearby Cavite area, single-detached and townhouses
are in demand in Las Piñas due to the following attributes:
- The owner has an option to extend their property subject to the conditions of the contract
to the developer
- Buyers have an area (depending on the lot size) for gardening, lanai, gazebo, etc. within
their own property
- Option to convert property to a retail store, water-refilling station, etc.
- The owner has perpetual ownership of the property as evidenced by a land title
- Minimal association dues to be paid
- Unit- should have the right specification type and sizes; should also be within their affordable
budgets and payment schemes.
Major “dissatisfiers” that turn them off and feel short-changed in a residential
development about are cramped units, limited amenities or delayed delivery of amenities,
high association dues, low floor to ceiling clearance, and substandard quality of materials
and construction. In addition, with numerous negative feedback and personal
experiences about unmet promises by developers, prospective buyers have assumed a
cynical attitude toward attractive brochures and promotional materials to sell properties.
GREENLANE
ET HOMES
MERIDA
CASA
CALIFORNIA FONTERRA
PONTE
VERDE
BERKLEY
PLACE
TERESA PARK
HAMILTON
FOR SALES TRAINING PURPOSES ONLY HEIGHTS
LAS PINAS SECONDARY COMPETITORS – LAS PINAS CORE-MID
CORE MID 1.25 - 2 MILLION
DEVELOPER VERAVILLE HOMES E.T. TOBIAS VILLA TANZA DEV'T PILAR DEV'T CORP.
LAUNCH DATE JAN. 2004 NOV. 2007 NOV. 2007 SEPT. 2004
CONSTRUCTION
RFO ON-GOING DEV'T ON-GOING DEV'T RFO
STATUS
• Four (4) projects under core-mid price segment (1.25 – 2 M.) were identified as secondary
competitors in Las Pinas area.
• These competitor projects mostly offer pocket development townhouse units (except for Greenlane)
within BF Resort and along Naga Road with less than a hectare of land area.
• Developers of pocket developments are mostly those who buy small cuts of land within subdivisions
and sell them as individual housing units already. (i.e. E.T. Tobias and Villa Tanza Dev’t).
• Other developers however, are small players in real estate but are known in Las Pinas area
(i.e. Pilar Dev’t and Veraville)
• Projects that were launched in 2004 are all ready for occupancy while those launched in 2007 are
still under
FOR SALES development/construction.
TRAINING PURPOSES ONLY
LAS PINAS SECONDARY COMPETITORS – LAS PINAS UPPER-MID/HIGH-END
LAND AREA 3 HAS. 6,000 SQ.M. 2,000 SQ.M. 4 HAS. 3.5 HAS. 1.3 HAS. 1.9 HAS.
LAUNCH DATE OCT. 2007 DEC. 2006 NOV. 2007 JUNE 2006 DEC. 2005 DEC. 2005 JAN. 2006
CONSTRUCTION
ON-GOING DEV'T RFO ON-GOING DEV'T RFO RFO RFO RFO
STATUS
SINGLE S. ATTACHED & S. ATTACHED & SINGLE SINGLE
HOUSE TYPE TOWNHOUSE TOWNHOUSE
ATTACHED DUPLEX TOWNHOUSE ATTACHED ATTACHED
• Under upper-mid and high end price segments (2 M. and Up), seven (7) projects were identified
also as secondary competitors in Las Pinas area.
• These competitor projects in Las Pinas offer community type developments with various product
types (single attached and townhouse), and amenities that are mostly within BF Resort and Royal
South Subdivisions.
• Biggest player in the area under this price segment is Camella Homes (Villar Group), while small
developers that are also known in Las Pinas area are BF Citi Land, Woodridge Properties and Bay
Horizons Development.
FOR
• SALES TRAINING
Projects PURPOSES
were launched ONLY and are mostly ready for occupancy.
in 2005-2007
LAS PINAS SECONDARY COMPETITORS – CAVITE PROJECTS
CAVITE PROJECTS
DEVELOPER PRO-FRIENDS R.S. ENRIQUEZ CROWN ASIA CROWN ASIA CROWN ASIA
HABAY, BACOOR, HABAY, BACOOR, MOLINO, BACOOR, AGUINALDO HI-WAY, NIOG RD., BACOOR,
LOCATION
CAVITE CAVITE CAVITE BACOOR, CAVITE CAVITE
LAND AREA 5 HAS. 3,610 SQM. 5 HAS. 1.6 HAS. 8-9 HAS.
LAUNCH DATE NOV. 2007 JAN. 2006 JULY 2007 DEC. 2007 JAN. 2006
CONSTRUCTION
ON-GOING DEV'T RFO ON-GOING DEV'T ON-GOING DEV'T RFO
STATUS
HOUSE TYPE SINGLE ATTACHED TOWNHOUSE SINGLE DETACHED TOWNHOUSE SINGLE DETACHED
• Cavite projects that are very near Las Pinas area, located along Aguinaldo Hi-way and Bacoor are
mostly developments of Crown Asia.
• These projects are classified under upper-mid to high-end price segments.
• Projects offers community type of developments as well, with various product types and basic
community amenities..
• Similar in Las Pinas, the biggest player in the area is Crown Asia (Villar Group), which offers highly
themed communities and developments.
• Projects were launched in 2006-2007, which are all relatively new.
FOR SALES TRAINING PURPOSES ONLY
INVENTORY & SALES TAKE-UP – BY PRICE SEGMENTS
TOTAL UNITS REMAINING AVE. SALES
PRICE SEGMENT %
INVENTORY SOLD UNITS PER MONTH
CORE MID
595 323 54% 272 22 44%
(P1.25-2 M.)
UUPER-MID /
760 610 80% 150 65 56%
HIGH-END (P2M. & UP)
TOTAL 1,355 933 69% 422 87
LAS PINAS PROJ. 739 - 35% 739 - 64%
TOTAL W/ LAS PINAS 2,094 1,161
CAVITE PROJECTS 743 436 59% 307 62
SUM TOTAL 2,837 1,369 1,468
• Total supply of Las Pinas Project secondary competitors is 1,355 units, while Cavite projects totaled to 743 units.
• Core-mid projects comprised 44% of the total (595 units) while upper-mid/high-end projects cover 56% (760
units) of the total.
• As of year end 2007, actual demand based on sample projects in Las Pinas totaled to 933 units or 69% sales take-
up, while Cavite demand totaled to 436 units or 59% sales take-up.
• Demand for upper-mid/high-end projects (80%) are higher compared to core-mid projects (54%) in Las Pinas.
• Sales velocity of Las Pinas house and lot projects per month totaled to 87 units, while Cavite project totaled to 62
units.
• Las Pinas Project will comprise 35% of the total sample supply and 64% of the market share in 2008 and
onwards.
CAVITE PROJECTS
VILLA FELIZA
SILVER CREST VITTORIA CARMEL RESIDENZA TOTAL
HOMES 2
TOTAL INVENTORY 198 30 148 105 262 743
UNITS SOLD 25 - 13% 17 - 57% 138 - 93% 15 - 14% 241 - 92% 436 - 59%
REMAINING UNITS 173 13 10 90 21 307
LAUNCH DATE NOV. 2007 JAN. 2006 JULY 2007 DEC. 2007 JAN. 2006
MONTHS SELLING 2 24 6 1 24
AVE. SALES PER MO. 13 1 23 15 10 62
• Townhouse project prices under core-mid segment ranges from PHP 1.37 to 2 Million.
• These units have a lot and floor area ranging from the following:
– LOT AREA : 43.75 – 90.00 SQ.M.
– FLOOR AREA : 54.00 – 105 SQ.M.
• Las Pinas offers townhouse units under this segment with 2-3 Bedrooms, 2-3 Toilet and Bath, service
area, balcony, grilled front gate and 1 carport.
• Unit Finishes are standard with ceramic tiles flooring, ceramic kitchen countertop with cabinets, tiled
toilet andTRAINING
FOR SALES bath, and PURPOSES
partition wallsONLY
and built-in cabinets in all bedrooms.
UNIT MIX INVENTORY & UNIT PRICE – LAS PINAS UPPER-MID/HIGH-END
CAVITE
• Prices of house and lot project in Cavite ranges from PHP 2 M. to as high as 8 M.
• Single detached and townhouse units in Cavite offer bigger lot and floor area than in Las Pinas area --
– LOT AREA : 58.00 – 300.00 ++ SQ.M.
– FLOOR AREA : 60.00 – 207 SQ.M.
• These units offer 3-4 Bedrooms, 2-3 Toilet and Bath, maid’s room, service area, balcony, 1-2 carport and provisions
for future expansion.
• Unit finishes of Crown Area projects (Vittoria, Carmel and Residenza) are premium and high quality in terms of materials
and fixtures.
CAVITE PROJECTS
VILLA FELIZA
SILVER CREST VITTORIA CARMEL RESIDENZA
HOMES 2
TOTAL INVENTORY 198 30 148 105 262
HOUSE TYPE SINGLE ATTACHED TOWNHOUSE SINGLE DETACHED TOWNHOUSE SINGLE DETACHED
LOT AREA (SQ.M.) 80.00 - 107.00 58.00 132.00 - 240.00 60.00 - 103.00 233.00 - 311.00
FLR. AREA (SQ.M.) 77.20 84.00 63.00 - 141.00 60.00 - 84.00 86.00 - 207.00
TOTAL CONTRACT
PHP 1.88 - 2.25 M. PHP 2.20 M. PHP 2.94 - 5.78 M. PHP 3.29 - 5.70 M PHP 4.12 - 8.58 M.
PRICE
CASH PRICE PHP 1.69 - 2.03 M. PHP 2.09 M. PHP 2.50 - 4.91 M. PHP 2.80 - 4.84 PHP 3.50 - 7.30 M.
CASH DISCOUNT 10% 5% 15% 15% 15%
SD 1 - 2BR, 2T&B, SD 1 - 3BR, 3T&B, MAID'S
TOWNHOUSE 1 - 2BR,
SERVICE AREA, & 1 RM., SERVICE AREA, & 1
2T&B, SERVICE AREA & 1
3BR, 2T&B, SERVICE 2BR, 2T&B, CARPORT CARPORT SD 2 - 4BR, 4T&B,
CARPORT
UNIT SPECS AREA, BALCONY SERVICE AREA SD 2 - 3BR, 3T&B, MAID'S RM. W/ OWN T&B,
TOWNHOUSE 2 - 4BR, 3T&B,
& 1 CARPORT & 1 CARPORT MAID'S RM., SERVICE TV AREA, STUDY AREA,
SERVICE AREA, BALCONY
AREA, BALCONY SERVICE AREA, BALCONY
& 2 CARPORT
& 1 CARPORT & 1 CARPORT
STANDARD FINISH STANDARD FINISH
TURNOVER * Ceramic Kitchen * Ceramic Kitchen
PREMIUM FINISH PREMIUM FINISH PREMIUM FINISH
FINISH Countertop w/ Countertop w/
cabinets cabinets
• Low in-house interest rates are being offered by Infinity Exec. Homes at 13%, 15% and 17% for 5,
10 and 15 years term.
• Others offer high interest rates at 20% to 24% for in-house financing.
• Low in-house are being offered by Crown Asia (Vittoria, Carmel and Residenza) at 10% and 15% interest rate for 5
and 10 years term
• Miscellaneous Fees (TCT Transfer) of Crown Asia Projects are already inclusive in its Contract Price.
FOR SALES TRAINING PURPOSES ONLY
AMENITIES
• Most, even pocket development types of projects are gated with 24-hours security.
• Camella and Crown Asia projects offer complete basic community amenities such as clubhouse,
swimming pool, parks and playground, basketball court, landscaped and gated subdivision.
The family’s need for No need to travel Allow kids to enjoy the Hawaiian-inspired
fun and enjoyment, to far away resorts amenities . amenities,
as well as hassle-free and recreational and Recreational
life areas as we have a Relax in the pool and have Facilities
resort- like fun having picnic with family
amenities and neighbors Property
complete with Management
essential facilities Tone and flex muscles in the Services
and property fitness gym or dance halls
management
services
Working parents yearn OP offers a fully Your kids are safe and free to 24-hr security
for a secured & secured home have a stroll and play within
peaceful environment environment OP. Less worries for the busy Gated Entrance
for their family to live enveloped in a parents.
in Hawaiian-inspired Perimeter Fence
residential
development.
HAWAII
OHANA PLACE
The shape of Ohana Place imitates the configuration of the Hawaiian islands
• Honolulu
• Maui
• Lanai
• Hanalei
• Kauai
• Lanikai
• Anahola
Kauai Lanikai
Anahola
Lanai
Maui
Honolulu
Hanalei
Elevator Stairs
Facing Amenities
HONOLULU
42.00 sqm
49.50 sqm
51.00 sqm
60.00 sqm
66.00sqm
** only 20 units / floor 84.00 sqm
FOR SALES TRAINING PURPOSES ONLY
PROJECT IN FOCUS
Building Floor Plan – 2nd to 5th Floor
Elevator Stairs
Facing Amenities
HONOLULU
42.00 sqm
49.50 sqm
66.00sqm
84.00 sqm
** only 21 units / floor
FOR SALES TRAINING PURPOSES ONLY
PROJECT IN FOCUS
Unit Mix
BLDG 42.00 49.50 51.00 60.00 66.00 84.00* TOTAL
2BR 2BR 2BR 2BR 3BR 3BR
(A) Hanalei 45 47 1 1 20 5 124
(B) Lanai 40 47 1 1 20 5 119
(C) Kauai 35 42 1 1 20 5 109
(D) Lanikai 35 42 1 1 20 5 109
(E) Anahola 20 27 1 1 20 5 79
(F) Maui 25 32 1 1 20 5 89
(G) Honolulu 35 42 1 1 20 5 109
TOTAL 235 279 7 7 140 35 738
% 32% 38% 1% 1% 19% 9%
TURNOVER FINISHES
E. DOORS
Entrance Door Wooden panel door on metal jamb
Bedroom Door Wooden door on metal jamb
Toilet & Bath Door Wooden door with louver on metal jamb
Analok finish aluminum sliding door with
Balcony Door
insect screen
• Laundry Pick-up
Station
• Water Station
• Convenience Store
• Recreation Hall
Facing Pool
• Function Rooms
• Veranda Overlooking
the Pool Area
• Entertainment Room
Facing Pool
Note: Prices are subject to change without prior notice. Unit areas may change based on the final
construction drawings. Bank financing computations are for reference only, for future use.
• Model Unit
– 1st week of Sept.
• Honolulu Bldg.
– RFO in August 2009
• Completion of
Guardhouse
– October 2008
• Completion of Amenities
– August 2009
Honolulu
49.50 sqm
o Leaflet : 26 Jun 08
o Flyer : 22 Aug 08
o Brochure : 23 Jul 08
o AVP : 23 Jul 08
o Scale Model : 23 Jul 08
o Site Board-ups : 26 Aug 08
o Directional Signage : 26 Aug 08
o Grand Open House : 31 Aug 08
Division 1 7 7 6 6 6 32
Division 2 7 7 6 6 6 32
Division 3 7 7 6 6 6 32
E-Broker 5 5 5 6 6 27
International 5 5 5 6 6 27
TOTAL 31 31 28 30 30 150