Grass Residences

GRASS RESIDENCES PROMOS AND INCENTIVES FOR SEPTEMBER 2011

A. TIFTON (TOWER 1)

1. SELL OUT PROMO:

To sell out Tifton Tower in time for the commencement of turnover this year, the following discounts shall be offered:

UNIT TYPE	CITY VIEW	AMENITY VIEW

1-Bedroom (excluding penthouse units)	5%	5%
2-Bedroom (excluding penthouse units)	10%	12%
3-Bedroom (excluding penthouse units)	-	5%

*CURRENT PRICING offered shall be used

B. BAHIA (TOWER 2)

1. CITY VIEW UNITS PROMO:

Discount shall be offered on the following units on top of the standard discounts.

FLOOR	UNIT NUMBER	DISCOUNT

1st to 30th	21 to 35	3%
31st to 39th	21 to 35	2%

*NO DISCOUNT shall be offered for the PENTHOUSE CITY VIEW UNITS.

2. 2-BEDROOM VAT PROMO:

For 2-Bedroom Units, on top of the regular discounts, a 12% DISCOUNT to offset VAT charges shall be given. Computation of the price shall be:

New TLP (after applicable discounts) = Current TLP – 12% discount + 12% VAT +5.5 Other Charges

C. TIFTON (Tower 1), BAHIA (Tower 2) & BERMUDA (Tower 3)

1. 1% PROMO: For each booked sale ONLY on our OPEN HOUSE events EXCLUDING TOWER 2 CITY VIEW UNITS & 2-BR UNITS, the buyer will be granted a 1% DISCOUNT on top of the standard discounts.

2. STAGGERED RESERVATION PROMO: The initial; Reservation Fee (RF) payment shall be Php15,000.00. The RF balance of Php10,000.00 shall be paid with the first two (2) monthly amortizations.

Other Payment Schemes.

For Tower 1 (TIFTON):

1. Spot Cash

9% discount

2. 15% Spot DP, 5% in 08 months, 80% Balance (In House or Bank Financing)

2% discount

3. 10% Spot DP, 10% in 12 months, 80% Balance (In House or Bank Financing)

No discount

4. 10% Spot DP, 5% in 07 months, 5% Lumpsum, 80% Balance (In House or Bank Financing)

No discount

5. 5% Spot DP, 5% in 07 months, 10% Lumpsum, 80% Balance (In House or Bank Financing)

No discount

6. 20% DP in 12 months, 80% Balance (In House or Bank Financing)

No discount

For Tower 2 (BAHIA):

1. Spot Cash

50,000 Retention fee via post dated check dated March 2014

15% discount

2. 20% Spot DP, 80% in 34 months

5% discount

3. 10% Spot DP, 90% in 34 months

4% discount

4. 10% Spot DP, 10% in 24 months, 80% Balance (In House or Bank Financing)

3% discount

5. 20% DP in 31 months, 80% Balance (In House or Bank Financing)

No discount

For Tower 3 (BERMUDA):

1. Spot Cash

50,000 Retention fee via post dated check dated March 2013
12% discount

2. 20% Spot DP, 30% in 18 months, 50% Balance (In House or Bank Financing)

4% discount

3. 20% Spot DP, 15% in 18 months, 65% Balance (In House or Bank Financing)

3% discount

4. 10% Spot DP, 90% in 27 months

3% discount

5. 10% Spot DP, 10% in 18 months, 80% Balance (In House or Bank Financing)

1% discount

6. 20% DP in 19 months, 80% Balance (In House or Bank Financing)

No discount

For Tower 2 (Bahia) : Effective April 20 - August 30, 2010

1. Spot Cash

50,000 Retention fee via post dated check dated March 2014 or immediately upon turnover
Maximum discount 15% on TCP

2A. 10/90 Spot

10% Spot Downpayment to be paid within 30 days
90% Balance payable in 34 equal monthly installments
Maximum discount 4% on TCP

2B. 20/80 Spot

20% Spot Downpayment to be paid within 30 days
80% Balance payable in 34 equal monthly installments
Maximum discount 5% on TCP

3. 10/10/80 Spot

10% Spot Downpayment to be paid within 30 days
10% Downpayment payable in 24 equal monthly installments
80% Remaining Balance through financing
Maximum discount 3% on TCP

4. Step-up Easy Payment Terms

PhP 50,000 Downpayment to be paid within 30 days
PhP 9,000/month - 2nd month to 12th month
PhP 12,000/month - 13th month to 24th month
PhP 15,000/month - 25th month to 36th month
Balance through financing
No Discount / No Interest

5. 20/31 Installment Giveaway Premium

20% Downpayment to be paid in 31 equal monthly installments
80% Remaiing Balance through financing
No Discount / No Interest

Notes:
Reservation Fee - PHP 25,000 (Non Refundable)

Spot Down Payment to be paid within 30 Days

Other Charges - 5.5% include

Registration Fees, Documentary Stamp Tax from BIR,
Transfer Tax Fees from City Treasurer's Office,
Meralco Meter Installation, Water Meter Installation,
Handlig Fees, Legal Fees, Miscellaneous Fees

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