Pacific Concord Properties, Inc., Flagship Lancaster Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, one of the hottest Condotel Investments in the Philippines Ready for Occupancy from December 2007

Lancaster Suites Tower I Available Units Update October 28, 2007

Lancaster Suites Tower I, located along Shaw Boulevard, Metro Manila, to be completed and ready for turnover during the latter part of 2007, will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool.

Great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 8%-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.

All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be semi-finished but not fully furnished. Included in the current price are the interior finishing’s such as tiled & semi-fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area with simulated wood plank floorings and lower kitchen cabinets/work tops installed. Walls and ceilings are painted cement finish. A complete optional extra interior fit-out package including unit fittings and fixtures, furniture’s, furnishings, air-conditioning, lighting fixtures and appliances will be available towards the time the units are closer to being completed. Monthly condo dues or maintenance fees are currently around 80 pesos/square meter of the unit floor area/month.

Lancaster Suites Manila Tower I. Shaw Boulevard, Metro Manila.
Available Units Update October 28, 2007

Effective October 15, 2007 the selling price Lancaster Suites Tower I Tax Exempt Studio Units is Pesos 80,888 per sqm. One Bedroom, Two and Three Bedroom Suites are priced at Pesos 90,594.56 per sqm including Government Taxes [R-Vat 12%]. Terms of payment provide for Three Year No Interest Charge.

Prospective or existing unit buyers may avail of up to 15 year mortgages for the purchase of all Lancaster Suites Tower I Condotel units with minimum equity of 30%.

Banco De Oro (BDO) a commercial Bank in Metro Manila has just approved a buyer's financing or mortgage plans for Lancaster Suites Tower I Manila Condotel units. The new financing scheme, a first providing Philippine Mortgages to Foreign Nationals residing overseas for Condotel units in the Philippines, is now available to unit owners (Filipinos, Filipino-Americans and Foreign Nationals alike) whom are looking to purchase a Condo Hotel Suite or refinance their investments through BDO's Home Loan

Lancaster Tower I Buyers can take advantage of this offer to free up some cash as well as to finance the fit-out of their units in the condotel pool or their business set up requirements in their commercial units or purchase preconstruction units in the new Lancaster Atrium Manila Condotels

Lancaster Suites Manila - Tower I
Currently Available - Studio Suites
Philippine Pesos Price: October 28, 2007

Lancaster Suites Tower I Manila Executive Studio Suites. Overlooking Ortigas Center across Pasig towards Laguna de Bay and Antipolo Hills on the horizon with Floor Area of 27.49 square meters [295sqft] currently priced at Philippine Pesos: -Pph-80,888.00/sqm. Total Contract Price: -Pph-2,223,611.12 [Tax Exempt] and may be purchased with a Reservation Fee of -Pph- 25,000.00 then 30% Down Payment of -Pph-659,583.34 within 30 days and the resulting balance payable over 12 equal consecutive monthly installments of -Pph-128,252.32. Interest Free.

Alternatively, Pay Cash and take a 10% discount on the Contract Price. Save -Pph-222,361.10 Pay a Reservation of -Pph-25,000.00 then 90% of the contract price within 30 days [-Pph-1,778,625.01] and the remaining 10% balance [-Pph-197,625.00] on unit turnover from December 2007....

For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for Studio Suites ranging from -Pph-403,715.00 and are available through our 'In-house' finance payable over 1-2 years with minimum 20% down payment.

Studio Suites are also available through 15 Year Bank Financing.

Banco de Oro’s Lancaster Suites Home Loan Program, that is available to Foreign Nationals and Filipinos alike, requires a minimum 30% equity [-Pph-659,583.34] plus for those clients enrolling their units in the Condo Hotel Rental Pool, payment of the ‘Fit-Out’ package [-Pph-403,715.00] then the remaining balance [-Pph-1,539,027.80] may be financed over 15 years [at 11.5%] with a monthly repayment of  -Pph-17,982.00

Please note these are average floor areas. Actual unit sizes vary from floor to floor. All Unit offers on Cash Basis will be given Priority Reservation Status. Unit Prices are booked in Philippine Pesos.

Currently Available - 1 Bedroom Prime “Corner” Suite
Philippine Pesos Price: October 28, 2007

Lancaster Suites Manila One Bedroom "Corner Suite". This prime unit is a Corner Suite overlooking Shaw Boulevard, Wack Wack Golf Course and Mandaluyong has a Floor Area of 42.88 square meters [462sqft] at Philippine Pesos: -Pph-90,594.56/sqm. Total Contract Price: in Philippine Pesos: -Pph-3,884,694.73 [Including Tax] may be purchased on Cash Basis only. Take a 10% discount on Contract Price, Save -Pph-388,469.47 Pay the -Pph-25,0000.00 Reservation Fee then 90% within 30 days [-Pph-3,124,102.73] and the remaining 10% cash balance [-Pph-347,122.53] on unit turnover from December 2007.

For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for One Bedroom Corner Suites ranging from -Pph-604,000.00 and are available through our 'In-house' finance payable over 1-2 years with minimum 20% down payment.

One Bedroom Suites are also available through 15 Year Bank Financing.

Banco de Oro’s Lancaster Suites Home Loan Program, that is available to Foreign Nationals and Filipinos alike, requires a minimum 30% equity [-Pph-1,165,408.40] plus for those clients enrolling their units in the Condo Hotel Rental Pool, payment of the ‘Fit-Out’ package [-Pph-604,000.00] then the remaining balance [-Pph-2,719,286.30] may be financed over 15 years [at 11.5%] with a monthly repayment of -Pph-31,772.00

Please note these are average floor areas. Actual unit sizes vary from floor to floor. All Unit offers on Cash Basis will be given Priority Reservation Status. Unit Prices are booked in Philippine Pesos.

Currently Available - 1 Bedroom Prime “Corner” Suite
Philippine Pesos Price: October 28, 2007

Lancaster Suites Manila One Bedroom "Corner Suite". This prime unit is a Corner Suite Facing Morning Sun and is overlooking Ortigas Center across Boni, Mandaluyong has a Floor Area of 41.69 square meters [450sqft] currently at Philippine Pesos: -Pph-90,594.56/sqm. Total Contract Price: -Pph-3,776,887.21 [Including Tax] may now be purchased with a Reservation of -Pph-25,000.00 and within 30 days a minimum 30% Down Payment of -Pph-1,125,566.16 and balance payable over 12 equal consecutive monthly installments of -Pph-218,860.09. Interest Free.

Alternatively, Pay Cash, and take a full 10% discount on Contract Price. Save -Pph-377,688.72 by paying the Reservation Fee of -Pph-25,000.00 then within 30 days 90% [-Pph-3,036,778.64] and the remaining 10% cash balance [-Pph-337,419.85] on unit turnover from December 2007.

For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for One Bedroom Corner Suites ranging from USD -Pph-604,000.00 and are available through our 'In-house' finance payable over 1-2 years with minimum 20% down payment.

One Bedroom Suites are also available through 15 Year Bank Financing.

Banco de Oro’s Lancaster Suites Home Loan Program, that is available to Foreign Nationals and Filipinos alike, requires a minimum 30% equity [-Pph-1,125,566.16] plus for those clients enrolling their units in the Condo Hotel Rental Pool, payment of the ‘Fit-Out’ package [-Pph-604,000.00] then the remaining balance [-Pph-2,626,321.00] may be financed over 15 years [at 11.5%] with a monthly repayment of -Pph-30,686.00

Please note these are average floor areas. Actual unit sizes vary from floor to floor. All Unit offers on Cash Basis will be given Priority Reservation Status. Unit Prices are booked in Philippine Pesos.

Currently Available - 1 Bedroom Bi-Level [Loft Type] Prime Suite
Philippine Pesos Price: October 28, 2007

Lancaster Suites Manila One Bedroom Bi-Level "Loft Type" Unit. This prime overlooking the Swimming Pool deck has a Floor Area of 46.40 square meters [500sqft] currently at Philippine Pesos: -Pph-90,594.56/sqm. Total Contract Price: -Pph-4,203,587.58 [Including Tax] may be purchased with minimum 50% Down Payment of -Pph-2,101,793.79 and balance payable over 12 equal consecutive monthly installments of -Pph-175,149.50. Interest Free.

This unit may be purchased on Cash Basis only. Take a 10% discount on Contract Price, Save -Pph-420,358.75 Pay a down payment of 90% [-Pph-3,404,905.90] and the remaining 10% cash balance [-Pph-378,322.90] on unit turnover from December 2007.

For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for One Bedroom ‘Loft Type’ Suites ranging from USD -Pph-650,000.00 and are available through our 'In-house' finance payable over 1-2 years with minimum 20% down payment.

One Bedroom ‘Loft Type’ Suites are also available through 15 Year Bank Financing.

Banco de Oro’s Lancaster Suites Home Loan Program, that is available to Foreign Nationals and Filipinos alike, requires a minimum 30% equity [-Pph-1,261,076.20] plus for those clients enrolling their units in the Condo Hotel Rental Pool, payment of the ‘Fit-Out’ package [-Pph-650,000.00] then the remaining balance [-Pph-2,942,511.30] may be financed over 15 years [at 11.5%] with a monthly repayment of -Pph-34,380.00

Please note these are average floor areas. Actual unit sizes vary from floor to floor. All Unit offers on Cash Basis will be given Priority Reservation Status. Unit Prices are booked in Philippine Pesos.

Currently Available – 2 Bedroom Bi-Level [Loft Type] Prime Suite
Philippine Pesos Price: October 28, 2007

Lancaster Suites Tower I Two Bedroom "Bi-Level" Suite. This prime unit located is overlooking Makati/Mandaluyong City and has a Floor Area of 64.33 square meters [695sqft] currently at Philippine Pesos: -Pph-90,594.56/sqm. Total Contract Price: -Pph-5,827,948.04 [Including Tax] may now be purchased with a Reservation of -Pph-25,000.00 and within 30 days a minimum 30% Down Payment of -Pph-1,740,884.41 and balance payable over 12 equal consecutive monthly installments of -Pph-338,505.30. Interest Free.

Alternatively, Pay Cash, and take a full 10% discount on Contract Price. Save -Pph-582,794.80 by paying the Reservation Fee of -Pph-25,000.00 then within 30 days 90% [-Pph-4,698,137.91] and the remaining 10% cash balance [-Pph-522,015.32] on unit turnover from December 2007.

For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for Two Bedroom ‘Loft Type’ Suites ranging from USD -Pph-897,000.00 and are available through our 'In-house' finance payable over 1-2 years with minimum 20% down payment.

Two Bedroom ‘Loft Type’ Suites are also available through 15 Year Bank Financing.

Banco de Oro’s Lancaster Suites Home Loan Program, that is available to Foreign Nationals and Filipinos alike, requires a minimum 30% equity [-Pph-1,740,884.41] plus for those clients enrolling their units in the Condo Hotel Rental Pool, payment of the ‘Fit-Out’ package [-Pph-897,000.00] then the remaining balance [-Pph-4,062,064.00] may be financed over 15 years [at 11.5%] with a monthly repayment of  -Pph-47,461.00

Please note these are average floor areas. Actual unit sizes vary from floor to floor. All Unit offers on Cash Basis will be given Priority Reservation Status. Unit Prices are booked in Philippine Pesos.

Banco De Oro (BDO) a commercial Bank in Metro Manila has just approved a buyer's financing or mortgage plans for Lancaster Suites Tower I Manila Condotel units. The new financing scheme, a first providing Philippine Mortgages to Foreign Nationals residing overseas for Condotel units in the Philippines, is now available to unit owners (Filipinos, Filipino-Americans and Foreign Nationals alike) whom are looking to purchase a Condo Hotel Suite or refinance their investments through BDO's Home Loan.

Further Information, Guidelines, Loan Application Procedures and Application Forms for the Home Loans available from Banco De Oro for Lancaster Suites Tower I Suites can be downloaded from our Website on http://www.lancastersuites.com/lancastersuites-downloads/473.html

Please note these are average floor areas. Actual unit sizes vary from floor to floor. Please note all Unit offers on Cash Basis will be given Priority Reservation Status.

All Lancaster Residential Suites Unit Standard Features Include:

• Vitrified ceramic tiles in living, dining areas
• Ceramic tiles in kitchen and toilet and bath
• Toilets with mechanical ventilation
• Plastered cement walls and ceilings’ with painted finishes
• Provisions for split type air-conditioners

A complete interior of furniture's, furnishings and appliances package designed for Condotel unit specifications is available at additional charge for clients intending to join the Lancaster Rental Pool

You can see Exterior photos of the Lancaster Suites current development on http://www.lancastersuites.com/LancasterSuites/Album8.htm

And interior photo of the Lancaster Suites Studio & One Bedroom Suites on http://www.lancastersuites.com/LancasterSuites/Album9.htm

For Copy of the Lancaster Suites Slide Show Presentation copy and paste the following directly into your browser: http://www.lancastersuites.com/lancastersuites-gallery/index.php

PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
Email: plcsales@pldtdsl.net
Email: plcmarketing@smartbro.net
Web: http://www.lancastersuites.com
Web: http://www.condotel-manila.com

---