Project Proposal

Subdivision Lots
Barangay Mabuhay Circumferential road General Santos City
(Overview)

General Santos City is currently experiencing housing backlog that reaches up to 18,000 individuals (as
per city planning figure of 2017) on which the Local Government Unit and other Government agency
cannot cope up.
One of its cause is due to continuing influx of migrants from other regions and localities in search for
Jobs, Investments and business opportunities which the city has so much to offer.
Power plant facilities, canneries and the recent ground breaking of the 80 hectare property of the
University of Santo Tomas will also add up to the influx.
To address such problem, the local government unit, its housing sector and the city economic
development office is urging Developers, private sector and Non-government organization to take part
in addressing the problem by way of housing investments and conversion of idle agricultural lands into
residential lots available for sale to qualified individuals thru direct cash purchase or installment basis.

(Project Scheme)

To take part in the solution of housing backlogs, there are agricultural lands owned by private
individuals which are offered for sale in hectares. The scheme is to acquire these areas by way of
negotiated purchase from the land owner and convert the area into subdivision lots (raw land only
without housing component) in accordance to BP220 of city planning code. These subdivision lots will
then be offered to all individuals who are willing to avail of the program.

Sample lot package

100 SQM
Total lot cost 150,000
Downpayment 20,000
Processing fee 3,000
Monthly amortization 2,500
Term 52 Months

Sample Land Allocation

Area 4 hectares (40,000 sqm.)

Less

Road networks 13,200 sqm. 33%

Parks and playground 1,400 sqm. 3.5%
Community Facilities 400 sqm. 1%
Waste Water treatment facility 100 sqm. .25%
Saleable area 24,900sqm. 62.25%
No. of saleable lots 249 lots
Sample Cost of area per hectare 2 million x 4 hectare = 8 million (cost of 4 hectare)
Total gross lot for sale 249 lots x 150,000 = 37,350,000

Estimated cost of site development

Cost of survey/geodetic works/monumenting
Admin operation
Supplies and marketing allowances/salaries
Permits and clearances/legal fees
Technical Contingency total estimated amount 5,240,000
(Whole project duration)

Cost Summary/profit

Gross 37,350,000
Less
Land acquisition 8,000,000
Estimated Devt Cost 5,240,000
_____________________
Estimated Profit 24,110,000

All figures and details are to be discussed further as soon as site visitation and negotiation with the land
owner will take place. Estimated selling period is minimum of 6 months to maximum of 1 year. Legal
documents, its transition, signatory matters and protocols are also to be discussed personally so as to
attain security of transaction to all concern. All ground works, field activities and admin operation will be
filled in by the following personnel;

Joseph Yu Admin operation

Jovanne Almacin Marketing and field works
Max Cabardo Site Development/permits/documentation/processing
Ignacio Reginaldo Operation Consultant

Best Regards

Joseph Yu
0946-599-2860