Major Homes Inc.

"Habambuhay na Hanapbuhay"
167 Edsa, Mandaluyong City

Greetings,
The purpose of this proposal is to introduce the newest concept
in real estate and provide a comprehensive business opportunity
at the same time. Condormitel is a condominium, dormitory and
hotel that operates as one. It is a real estate asset for it is fully
secured a Condominium Certificate Title (CCT).
It can be leased out like a dormitory and with a service
comparable to a hotel. Each unit is fully furnished with 3-4 beds,
thus giving unit owners the freedom to have their spaces rented
out on a per bed basis. Strategically located at the heart of the
University Belt Space U-belt offers a winwin situation for both
tenants and investors.
Patterned after a sachet business model, units will be rented out
on a per bed basis, giving it a strong rental component. Located
in the densely populated university belt, Space offer
condominium comforts, redefining the concept of dormitory
living for students.
Thank you very much and we look forward to providing you with
excellent state-of-the-art Real Estate Properties that will add
value to your organization.

Sincerely yours,
Reynaldo P. Sta. Ana

Sales Manager
+63 915 322 4648

Brief Corporate Profile

Major Homes is a full-serviced real estate development
company with interests and initiatives in affordable
housing, middle income condotels (condominium-hotel) and
high-rise
condormitels
(condominium-dormitoryhotel).With properties designed to meet the varying needs
of a vastly growing market apt to make the dream of
real estate and investment a reality, Major Homes
welcomes Filipinos; wherever they are in the world, back
home.
Major Homes currently operates across 15 projects in and
around Metro Manila. Core target market includes middle to low
income families as well as Filipinos working overseas (OFWs).
Major Homes positioning since inception has been to cater to
the broad-base of the housing market.
CORPORATE MISSION
Our mission is to uplift lives by building happy communities.
CORPORATE VISION
Major Homes strives to be your trusted name in community
development.
Core Values
Interdependence
Integrity
Commitment
Honesty
Respect

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CHAPTER I. SPACE CONDORMITEL ADVANTAGE :

Condominium Unit is fully secured with a Condominium

Certificate Title (CCT) which you can trade, sell and
mortgage after full payment.

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Youre not just buying a property, youre owning a hassle-free

business. Clients can enroll their units in a rental pool which
will be managed and serviced for them by a dormitel facility
Units are fully-furnished with 3-4 beds (with an estimated
P5,000 monthly Rental per bed). All interiors utilize every inch
of space, creating a comfy atmosphere far from the typical bed
spacing experience.
Strategically located along Recto Avenue, Space U-belt offers
an attractive rental yield from a student population of 365,000
within 1.3 km.

CHAPTER II. PROJECT DETAILS

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Location: C.M. Recto St. Manila

Property Type: Condormitel

Land Area: 2,027.73 SQ M

Total
Number
(Commercial)

of

Units:

1,768

(Residential)/95

Number of Floors: 38 Storey

Unit Designs & Floor Plans

Each unit is fully furnished with 3-4 beds, including A/C Unit (Window
Type) , Cabinet, Mini - Refrigerator , Microwave Oven , Shower ,
Washing Machine and Study Desk.
Typical Floor Plan (11th-38th Floor)
14 SQM - 56 units
17 SQM - 2 units
20 SQM (Inner) - 2 units
20 SQM (Corner) - 1 unit
23 SQM (Corner) - 1 unit
14 SQM (3 BEDS)
17, 20, 23SQM (4 BEDS) Total Units per Floor 62 Units

Building Features
38 storeys
3-Level Retail for Dining, Convenience Shopping
& Cinema
Amenity Area at the 9th Floor
Secure premises with Security Key Card for all
Unit Owners
WI-FI provision on All Floors
Eight (8) Elevators with Air conditioned Main Lobby
CCTV System for Common Areas
24-hour Security
Fully-Automated Fire & Smoke Detection System
Water Reservoir & Separate Fire Reserves
Standby Emergency Power Cable TV Provision
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Location & Vicinity Map

Space U-Belt is strategically situated at the heart of the University Belt in
Recto, Manila, just a few meters away from top universities, Government
Offices and Commercial Establishments.

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CHAPTER III. INVESTMENT SUMMARY:

DESCRIPTION
Space U-Belt 3 Bed Unit (15.59 SQM)

RESERVATION FEE

AMOUNT
Php
1,617,000
25,000.00

35% Percent Downpayment Less

Reservation Fee

Php
540,950.00

35% Percent Downpayment Payable in 30

Months to Pay Interest FREE (Monthly
Payment)

18,031.67
Php
1,051,050

65% Percent Balance

65% Balance Payable in 180 Months thru

Bank Financing

11,294.64

Return of Investment ROI based on Monthly Rent

Revenues
DESCRIPTION
Space U-Belt 3 Bed Unit (15.59 SQM) @
5,000php a month per bed per student
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AMOUNT
Php
5,000.00
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Total Gross per month

15,000.00

Less: Association Dues @ 75 pesos per SQM

Less: Management Fees @ 55 pesos per

SQM
Total Monthly Net Revenues

Php
1169.25
Php857.45

Php
12,973.3
0

Note: Management Fees only Applicable to Units enrolled in the

Renting pool.

CHAPTER IV. PROJECTED UNIT TURN OVER

The Projected Turnover of units of Space U-Belt is on First
Quarter of 2017. The most commonly used investment payment
term is the 35/65. Where in you can pay the Downpayment in
(30) months in house finance and the Balance for (180) months
thru Bank finance and Pag-ibig Housing program.

CHAPTER V. CLIENT ACCEPTANCE

This proposal constitutes our terms of reference for the proposed
engagement, and when formally accepted constitutes the basis
for our Reservation Agreement and the formal contract.
Should the terms of this proposal be acceptable to you please
indicate your conformity by signing on the space provided below.
CONFORME:
______________________

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