The

Sangley West Bay City

Dalahican, J. Felipe Boulevard,
Cavite City, Philippines

2022.Sangley Westbay City

A Project of ARC Megawide Dev’t. Co. Ltd.
All rights reserved.

16th floor, Unit 1619 High Street, South Corporate Plaza Tower 1,
26th St., cor. 9th Ave, Fort Bonifacio, Taguig City, Philippines
Mobile Phone: +63915.908.2558 Email address: support@arcmegawide.com
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The Sangley West Bay City

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 EXECUTIVE SUMMARY

This EXECUTIVE SUMMARY conveys ARC MEGAWIDE

DEV’T. CO. LTD. Its Vision, Purpose, and Requirements for the
SANGLEY WEST BAY CITY PROJECT. This Documents is to be
used to determine the Business Solution that covers our
assessment, planning, viability of the Proposed Project.

The Executive Summary Key Points:

Ø Opportunity

Ø Project Requirements

Ø Assessment results

Ø Cost

Ø Recommendations

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 OUR COMPANY
ARC Megawide started as a business consultancy on December 18, 2014,
registered with the Securities and Exchange Commission as a Private Partnership
Company of Mr. & Mrs. Crisostomo and some friends. It aims to provide services for
Corporation’s acquisition, consolidation, and other real estate property requirements.

We prepare case studies, cost analysis, design and conceptual plans for
several business models. We tap finance experts to source for investments on both
local and foreign financial institutions from various intermediaries.

Through the years, the company manages joint venture projects for land
development, construction, buying and to sell develop or undeveloped lands, and
designing a general plan and causing the construction of mixed uses.

The Company President and CEO – Mr. Arvin Tumulak Crisostomo had
envisioned pursuing unrealized project of Dulos Realty and Development Corporation,
formerly known as “La Vista Del Mar” in Cavite City. Which we now rebrand as “The
Sangley West Bay City” under the new venture and new team of experts on board. The
project is a mix community of commercial complex, mid to high-end residences,
hotels, hospitals, a yacht club and casinos that will complement the future Sangley
International AirPort (SPIA).

This will greatly affect Cavite City’s land use and robust its income revenue.
While it will generate thousands of jobs and be a catalyst to a more vibrant business
environment.

The company also manages mining and quarry concessions, which we will soon launch
on a different line of business together with reputable mining institutions in the
country.

May God be with us!

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 THE PROJECT

The Sangley West Bay City is a community project, mixed with

multi–Residential Subdivisions (Mid to High-Rise Condominiums), with
sophisticated facilities for communication, high speed internet, A Data Center –
facilities for I.T. Hubs - first in the Philippines. The data center is suitable to be
located in Cavite City since the project is on a reclaimed land that’s surrounded
with water - necessary for its ventilation. Guaranteed uninterruptable power
transmission, due to the presence of South Grid of NGCP and its North Grid that
will connect from Bataan. The location demands for its purpose due to the
increasing demands for data transmission for businesses and residential uses
within NCR and the outskirts of Metro Manila.

Figure 1Proposed Designs for the Residential Villas

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 HOSPITALITY & LEISURE
The project will have a Yacht Club, ideal for leisure or casual
transportation by water from the Metro to and out of Sangley West Bay
City. It will also have a variety of shopping malls, Events Place, Churches,
Business Centers, Hotels & Casinos,

The development won’t be complete without a State-of-

The-Art Hospital that’s projected to accommodate at least 1,000 bed
comfortable capacity and 200 exceptional accommodations for travelers
and tourists that would require special care. All these would
complement the City’s economic robustness, especially when the New
Sangley International Airport operates.

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 Initiative of the Project
The concept of Sangley West Bay City is not only viable but
also timely since its location is very strategic to Metro Manila and
the growing population who opted to live down south. The plan is
just timely to implement in line with the country’s priority –
infrastructure, under the new administration.
In fact, the existing Sangley Airport was already retrofitted to
service as General Aviation for cargo and smaller aircrafts that was
inaugurated in 2017. While the roads going to Cavite City are
widened, other multiple lane highways are under construction that
will bypass the interior roads of Municipalities of Kawit and
Noveleta, linking the expressway from CAVITEX, traversing the
Binakayan Bay of Bacoor.

Figure 3The Inauguration of the Sangley General Aviation Airport.

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 THE BYPASS ROAD or NOVELEX
The bypass road constructed by the Department of Public
Works and Highways (DPWH) when completed, will ease up the
travel time from Metro Manila and Cavite City. This will also service
the future Sangley Point International Airport (SPIA) as well as the
Sangley Westbay City that will soon welcome tech companies to its
new location in Cavite.

Figure 4The ongoing bypass road construction (NOVELEX).

Figure 5The ongoing construction of the bypass road going Sangley

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PROJECT REQUIREMENTS

§ Pre-Feasibility Study **
§ Pre-Engineering Studies**
§ Social Economic Impact Studies *
§ Environmental Compliance Certificate *
§ Geo Science / Bore Hole Log (Soil Test Analysis) **
§ Geo Technical Survey ***
§ Project Proposed Site Development Plan ***
§ Master Plan ***
§ Detailed Engineering Plan ***
§ Project Funding **

* For Compliance
** On Going
*** Accomplished

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 RATIONALE

In so far as the permission to develop and reclaim the foreshores of the

property that is currently owned and registered to Dulos Realty and Development
Corporation. The City of Cavite issued a resolution on January 30, 1990 to reclaim
and perform embankment of the titled portions that were submerged. The
Sangguniang Panglungsod has issued Resolution Number 17, that granted the said
project entitled La Vista Del Mar in partnership with D.M. Wenceslao and Associates
and the Public Estates Authority (PEA - now PRA).

However, the former partner of the said project failed to perform due to
financial constraints and was affected by the House Bill 4328 sponsored by the late
Congressman Roilo Golez, which proposed to ban reclamation projects in Manila
Bay for 10 years through a letter communication from the Public Estates Authority
dated December 08, 1992 - by Acting General Manager Theron V. Lacson. The
issue of reclamation ban in Manila bay was revisited in September 28, 2010 by
Congressman Rafael V. Mariano of his House Resolution 00467.

However, all the investigations were archived until JICA and DOTr (former
DOTC) worked on an unsolicited proposal for the relocation of the Ninoy Aquino
International Airport in Sangley Point of Cavite City.

The series of investigations conducted from the House of Representatives

affected the decisions of the foreign and local partners of D.M. Wenceslao resulted
in the project’s realignment until they decided to pursue the project in ASEANA in
Macapagal Boulevard, Pasay City and left the Dulos project hanging.

Thereat, ARC Megawide Devt Co Ltd, came in and formed its new plan to
rebrand the project for Dulos Realty and Development Corporation as the “Sangley
West Bay City” which will comprise not only residential subdivisions but world class
Hotels & Casinos, state-of-the-art Hospital, Yacht Club, Warehouses, Events Place
and the first in the Philippines - A Level 4 Data Center. The envisioned plan is to
reclaim 530 hectares from its shorelines of approximately four (4) kilometers stretch
of its titled land including its submerged portions. The project is expected to robust
the local economy of Cavite City as it complements the upcoming Sangley Point
International Airport (SPIA) which is scheduled to break ground this 4th quarter of
the year.

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 BRIEF BACKGROUND OF CAVITE CITY

Income Classification - 4th Class

Congressional District - 1st District
No. of Barangays - 84
Land Area (Has.) - 1.283.63
Population (POPCEN 2015 - 102,806
Registered Voters (Comelec) - 70,173

Cavite City is a hook-shaped peninsula located

at the northern tip of Cavite Province, lying 34
kilometers southwest of Manila and surrounded by
three bays, Manila Bay, Bacoor Bay and Cañacao Bay.
It was founded in 1571 by the Legazpi Expedition and
became a Chartered City via a congressional fiat in
1940. It is the site of several important historical
events, foremost of which is as the site of the
“Grandmother Event of the Philippine Revolution,” the
spark that started it all – the Cavite Mutiny of 1872.

As one of the smallest cities in the country, the city faces a number of development
challenges ranging from its topography, lying below sea level; its single entry and exit road;
lack of available buildable area and land for development; inadequate source of local revenue;
the proliferation of service-oriented establishments and lack of employment opportunities.

Cavite City is a peninsula that is geographically located 8 nautical miles across the bay
at 14o 29.04’ latitude, and 120o 54.02’ longitude. It is bounded on the West and Southwest by
ManilaBay, on the Northeast by Cañacao Bay, on the Southeast by Bacoor Bay and on the
South by the Municipality of Noveleta. It is located at the northern tip of the Province of Cavite
and lies approximately 34 kilometers southwest of Manila.

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Cavite City is a coastal component city in the province of Cavite. The city has a land area of
10.89 square kilometers or 4.20 square miles which constitutes 0.71% of Cavite's total area.
Its population as determined by the 2020 Census was 100,674. This represented 2.32% of the
total population of Cavite province, or 0.62% of the overall population of
the CALABARZON region. Based on these figures, the population density is computed at
9,245 inhabitants per square kilometer or 23,970 inhabitants per square mile.

LOCATION

The city center of Cavite is situated at approximately 14° 29' North, 120° 55' East, in
the island of Luzon. Elevation at these coordinates is estimated at 7.3 meters or 23.8 feet
above mean sea level.

DISTANCES

Based on the GREAT-CIRCLE DISTANCE (the shortest distance between two points over the
surface of the Earth), the cities closest to Cavite City are Bacoor, Cavite, Imus, Cavite, Las
Piñas, Parañaque, General Trias, Cavite, and Pasay. The nearest municipalities are Kawit,
Cavite, Noveleta, Cavite, Rosario, Cavite, Tanza, Cavite, Pateros, and General Mariano
Alvarez, Cavite. Its distance from the national capital is 14.25 kilometers (8.85 miles). The
following list delineates such distance measurements.

Distance from Manila: 14.25 kilometers (8.85 miles) to the North-Northeast (N32°E)

LOCAL ECONOMY

One big contribution of the industrial revolution now going on in Cavite City is the self-
employment generated in the surrounding localities made possible by the salaries and wages
that flow into the local economy. People started spending money pushing up the prices of
commodities eventually providing gainful livelihood for small and medium entrepreneurs in the
locality.

REAL ESTATE DEVELOPMENT

Real estate development around the town which has been very slow during the past couple of
decades is now progressing decently with several small and medium businesses sprouting
within the outlying barangays. Apartments are being built around the town to accommodate
workers and the likes and their families. Multinational firms likewise built grand staff houses
for their expatriates and Filipino executives.

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Competitive Advantages
As on of the Provinces that is nearest to Metro Manila, Cavite is one of the go-to places
for most people working in the Capital City if they want to experience provincial life.
That said, some are taking this further by moving to this province. The following are
reasons that you may want to consider if you are still hesitant about making the move
to Cavite. Its income revenue tax rate and recruitment for human resource are regional
based as its situated outside the NCR.

Great Real Estate Choices

One of the best thing about Cavite is the fact that it is not too affected by the rapid
and uncontrolled urbanization of Metro Manila. You will be able to access prime real
estate for a great price in places that re ideal for home living.

Diverse Employment Opportunities

Some of the big businesses that no longer fit in Metro Manila have decided to invest in
Cavite instead. This has resulted in a lot of employers for the 3.6 Million people living
in the province and the 10 Million that are residing in the surrounding provinces. This
means that as a potential worker and employee, there are a lot of options that you can
consider before you sign a contract.

Strategic Location
Cavite is strategic in more ways that on. It is near Metro Manila that you can travel
right away to the capital and be in the place that you want to go in one or two hours.
But it is also quite near to the beaches and recreational places in Batangas and
Laguna.

Relatively Cheap Cost of Living

Comparatively speaking, the cost of living in Cavite is not very high. This means you
will have lesser expenses.

Dislike life in Metro Manila, it may be the best option for you to transfer and live in
Cavite instead. You will be able to experience the best of both world when you make
yourself a new Caviteno.

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 THE PROJECT

Proposed Urban Development Plan

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The Reclamation:

The Project is located along the Manila-Cavite Road (J. Felipe Blvd.), the main
thoroughfare of Cavite City. About 3.2 kms. frontage from the shoreline of Manila Bay.
The reclamation plan will span one thousand five hundred ninety-four point ten
(1,594.10) meters away from the shores at a maximum depth of -23.5 meters, with a
width of three thousand one hundred twenty-two point fifty-one (3,122.51) meters. It
will be divided into 5 phases with each phase consisting of 100 hectares and
clustered in ten (10) with at least ten (10) hectares each. The implementation of each
phase will depend on the accomplishment of its contractor that will be awarded per
cluster.

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Project Cost:

Each cluster is projected to have an average cost at Php 20,000/pesos per

sqm excluding its land development. The costing was updated last April 21, 2022
after careful evaluations that caused the recent price hike of raw materials due to
the pandemic and the recent war which affected the fuel price in the global
market.

Estimated Time of Accomplishment:

Per cluster of 10 hectares is expected to be accomplished between 8 to 10

months, maximum period to a year. The allowance was considered due to weather
disturbances that is expected to slow down the transportation of aggregates and
construction materials during the rainy season.

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 PROPERTY VALUATION:

ARC Megawide Devt Co Ltd had a report from a Real Estate & Appraiser’s Board
accredited – Mr. Reynaldo B. Briton Jr. (R BRITON REALTY – APPRAISAL,
BROKERAGE AND CONSULTANCY OFFICE) an independent appraiser who conducted
validation of property records and actual inspection in the site for the property of Dulos
Realty & Development Corporation. The report submitted last October 10, 2022 is
estimated to have a value of Php 14,895,759,680 Billion.

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FINANCIAL PROJECTIONS:
Project Cost per Phase (Based on Schedule per year)
Year 1 Total (sq.m.)

Phase 1 975,295.77 Embankment Cost 13,087,864,000.00 13,419.38

Land Dev’t. Cost 3,413,535,195.00 3,500.00

Year 2
Phase 2 622,362.00 Embankment Cost 9,604,470,868.98 15,432.29

Land Dev’t. Cost 2,178,267,000.00 3,500.00

Year 3
Phase 3 1,013,253.00 Embankment Cost 17,982,267,000.00
Land Dev’t. Cost 3,546,385,500.00 3,500.00
Year 4
Phase 4 1,149,967.00 Embankment Cost 23,469,906,496.40
Land Dev’t. Cost 4,024,884,500.00 3,500.00
Year 5
Phase 5 1,772,466.77 Embankment Cost 41,603,691,931.62
Land Dev’t. Cost 6,204,061,500.00 3,500.00

Embankment & Reclamation Cost 105,748,266,020.89

Land Development Cost 19,367,133,695.00
Total Project Cost Php 125,115,399,705.89

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Gross Projected ROI Before Taxes:
Total Saleable Area 3,833,032.43 sq.m.
Less: 23.60% for LGU & PRA Share (after roads & open 904,595.65 sq.m.
space)
Net Disposable Area 2,928,436.78 sq.m.
Introductory Price per sq.m. (1st year after Land Dev’t.) 120,000.00/sq.m.
Php
Gross Revenue before Taxes 351,412,413,600.00
Php
Less: Increments of 40% per year less annual OPEX
Admin. Operational Expenses in five (5) years 94,907,450.85
Php
Projected R.O.I. 1.508% (Before Tax) Php 211,306,346,345.66

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