Investing Talk

PLCMarketing · Guest

Many Europeans and Americans who are 50-something – a point in life when
many are registering peak earnings, seeing their children move into the
workplace and beginning to make detailed plans for their retirement –
could be in for some unwelcome surprises down the road.

Beth Collingz, International Marketing Director for PLC Global based in
Manila, Philippines, said “the problem is, social security in many
countries is on the verge of going bankrupt. Pension Plans are failing
left and right and will continue to fail as many are glorified ‘Pyramid
Schemes’ or rely solely upon the ‘never ending chain’ principal.

How did this happen? Well, back in 1983, the US Congress raised social
security and Medicare taxes to create a surplus ‘trust fund’, which would
ensure the stability of social security for the next 50 years. And every
year since then, the Social Security Administration has collected more
money than they've had to pay out. But the problem is, US elected
officials haven't saved a penny of this surplus. Instead the last three US
Presidents have spent every single extra social security dollar on other
government programs. Now this money is most likely gone forever”

“The Social Security system has no trust fund. No lockbox. When you pay
your payroll taxes every year, the money is not converted into gold bars
and shipped to some desert island, ready for retrieval when you turn 65. A
piece of paper gets deposited in West Virginia saying that the left hand
of the government owes money to the right hand of the government."

How did Congress get away with a stunt like this? Simple… demographics.
For the past 70 years, we've had more people paying INTO social security
than the number COLLECTING. But 76 million baby boomers will start
retiring next year (about 12,000 per day). And even the Social Security
Administration admits the program will soon go broke unless something
radical is done.

The point is, if you are relying on social security for a large chunk of
your retirement money, you could be in for an unpleasant surprise. And…
even if social security is "fixed," allowing you to collect the maximum
possible payout (which is $2,053 per month before taxes right now), how
far is that money really going to go? Prices for everything from gas to
food to clothing have soared in the past decade. Imagine what these things
will cost 10 years from now.

But the good news is I believe I have found the perfect solution for most
people who want to retire. If you are at or near retirement age… or if you
simply want more money deposited into your bank account on a regular
basis, "Supplemental Retirement Income from Condotel Investments in the
Philippines " will dramatically improve your life.

Philippine Condotel Investments or Buy to Let Rental Property - a solid
alternative to failing Pension Plans. Buy to Let rental properties are now
being preferred to failing Pension Plans as more and more Filipinos and
Overseas Property Investors look to the future and retirement.

20 Dollars a day for 6 years will buy you a Studio Condotel unit in the
Philippines with a projected ROI through rentals of some 500 dollars per
month after 3 years. With preconstruction property appreciating at some
20-30% per annum not only does the Real Estate Appreciation look good but
the rental income is in excess of what many Pension Plans offer for the
same or similar investment.

With many Overseas Filipinos and Offshore Property Investors looking to
start saving for retirement, the Philippines with its comparative low cost
of real estate yet high rates of Hotel Accommodations, make the Condotel
investment an extremely attractive investment proposition.

Beth Collingz, International Marketing Director for PLC Global, a company
specializing in Condo Hotel Sales and Investments in the Philippines for
the Lancaster Brand of Condotels, said that many new investors are looking
to replace failed pension plans and other future saving schemes with a
solid investment in Real Estate.

“Many of my clients are looking for investments that will give them an
income for retirement as an alternative to traditional private pension
plans that have failed. Personally, I have always regarded Pension Plans
as a glorified ‘Pyramid Scheme’. Most company pension plans are
insufficient as are Government Pensions. Bank rates for Savings accounts
are at record lows. Savvy investors are now looking for a more solid
investment with potential for monthly income. Condotels in the Philippines
fit the bill”

This potential, high rates of rental returns from Condotel Investments,
currently from 8% up to 16% per annum, opens up a huge market not
traditionally looked at by Real Estate Agents and Brokers whom all so
often run around like headless chickens looking for normal residential
profile “buyers” without looking at the by far bigger picture of
investments, investing and retirement.

“We look at Condotels as pure investments. Not primarily as Real Estate.
If you look at the Condo Hotel market as investing for future income, and
think outside of the box, it is plain to see that Condotels are not only
real estate investments but more importantly income generating property.
Think of Condotels as a Managed Pension Plan. After all, Condotel units
are fully managed property. The owner of the property does not have the
hassle of renting out the unit and contend with all the normal pit falls
of being an amateur land lord. This is taken care of by the Condo Hotel
Management” said Collingz.

“One of my clients from Chicago, just purchased 4 Studio Condotel Suites
at Lancaster – The Atrium Manila which is currently in preconstruction
sales. His plan is to retire in the Philippines in 2012, live in one of
the Suites and receive the Condotel rental income on the other three. His
outlay for the purchase is only around 85 Dollars a day for 6 years by
opting to purchase on a 6 year no prequalification, no down payment, no
interest payment plan. Even before completing payment for the units, he
will be receiving some $1,500 a month in rental income in additional to
any Government or Private Company Pension Plan. Better yet, the rental
income is in tune with inflation and buying on preconstruction terms gives
real estate appreciation of some 60-80% over 3 years. As Hotel Rates
increase yearly, so does the rental income”

Foreign Nationals are legally allowed to purchase as much as 40% of the
total number of condominium units on the market at any given time.
Overseas Filipinos and more and more foreigners are now emerging as a
market for condotel units. Many or our clients are coming from different
countries like South Korea, Australia, United Kingdom, Saudi Arabia and
other parts of the Middle East," Collingz said.

Lancaster - The Atrium Tower II [which is the second Tower adjacent to the
existing “Sold Out” Tower I] is now accepting Reservations for Studio,
One, Two & Three Bedroom Suites adopting International Standard Escrow
Trust Account “Buyer Safe” Easy Secure Payment Plans… with 6 year interest
free payment terms or up to 12 year "In-House" financing available, full
condo ownership, no management costs for Condotel Suites and minimum
monthly maintenance fees – “You really should take a moment to look at
this Philippine Condotel Investment Opportunity” enthused Collingz.

All units at the Lancaster Suites have kitchen facilities. The standard
unit price provides for the suite to be finished but not fully furnished.
Included in the current price are the interior finishing’s such as tiled &
fitted bathrooms, bedrooms with simulated wood plank flooring, living and
dining area tiled floorings and lower kitchen cabinets/work tops
installed. A complete optional extra interior fit-out package including
appliances will be available towards the time the units are closer to
being completed towards the latter part of 2009. Monthly condo dues are
currently around 80 pesos/square meter of the unit floor area/month..

The Lancaster Atrium Suites are now available on the very affordable and
competitive New Payment Plan that provides for Suites to be purchased on a
No Interest No Down Payment basis with 67% of the payment payable over 60
equal consecutive monthly installments without interest and the 33%
balance payable upon turnover of the unit or to be paid over an additional
5 years from turnover through our hassle free no prequalification
"In-House" Finance Plans...

The current selling price [effective March 1, 2007] for the Lancaster
Manila Atrium Tower A Tax Exempt Studio Units is Pesos 75,888 or $1,615.00
per sqm. The One Bedroom, Two and Three Bedroom Suites are priced at Pesos
84,994.56 or $1,808.80 per sqm including Government Taxes [R-Vat 12%].
Units may be purchased on a Six Year No Interest Charge Term of payment or
longer term "In-House" financing plans. Turnover of units for Tower A will
be from December 2009/2010

All payments will be made to the Lancaster Suites Manila Atrium Tower A
Equitable PCI Bank Escrow Trust Account. It is anticipated, given the
track record on sales of Tower I Units that property appreciation for
initial buyers of Tower A Atrium Units will be at least 60-70% on turnover
of units.

Executive Studio Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower II Executive Studio Suites. Average
Floor Area 28.17 square meter [304sqft] at $1,615.00/sqm. USD 45,494.55.
These units are either facing towards Ortigas Center overlooking Pasig
towards Laguna de Bay and Antipolo, Samat Street overlooking Mandaluyong,
Makati and towards Manila Bay or the Swimming Pool Deck. All units are
within the Lancaster Suites Manila Atrium. The Current Price for a Studio
Suite provides it may be purchased with a Reservation Fee USD 500.00 and
the Balance then Payable without interest over 72 consecutive equal
monthly payments of USD 624.92.

Alternatively Save USD 2,699.67 by making the Reservation, USD 500.00 then
within 30 days a 30% Net Discounted Down Payment of USD 10,798.70 and
Balance payable without interest over 72 consecutive equal monthly
payments of USD 437.45.

The Lancaster Atrium Executive Studio Suites are also now available on the
very affordable and competitive New Payment Plan that provides for
Executive Suites to be purchased on a No Interest No Down Payment basis
with 67% of the payment payable over 60 equal consecutive monthly
installments without interest and the 33% balance of the contract price
payable upon turnover of the unit or to be paid over an additional 5 years
from turnover through our hassle free no prequalification "In-House"
Finance Plans... Pay only USD 500.00 Reservation for a 28.17 sqm [304 sqft
Executive Studio [Contract Price USD 45,494.55] then 60 consecutive
monthly payments of only USD 502.44 with the balance of USD 14,848.20
either payable in cash on turnover or to be financed over another 60
months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 9,098.91] on the
unit price.... Pay 90% Now [USD 32,756.08] and the remaining 10% [USD
3,639.56] on unit turnover from December 2009/2010

Executive Studio DeLuxe Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A Executive DeLuxe Studio Suites.
Average Floor Area 32.50 square meters [350sqft] at $1,615.00/sqm. USD
52,487.50. These units are either facing towards Ortigas Center
overlooking Pasig towards Laguna de Bay and Antipolo or overlooking
Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck. All
units within the Lancaster Suites Manila Atrium. The Current Offer for a
Studio Suite provides that it may be purchased with a Reservation Fee USD
500.00 and the Balance then Payable without interest over 72 consecutive
equal monthly payments of USD 722.05. Alternatively Save USD 3,119.25 by
making the Reservation, USD 500.00 then within 30 days a 30% Net
Discounted Down Payment of USD 12,477.00 and Balance payable without
interest over 72 consecutive equal monthly payments of USD 505.43.

The Lancaster Atrium Executive DeLuxe Studio Suites are also now available
on the very affordable and competitive New Payment Plan that provides for
Executive Suites to be purchased on a No Interest No Down Payment basis
with 67% of the payment payable over 60 equal consecutive monthly
installments without interest and the 33% balance of the contract price
payable upon turnover of the unit or to be paid over an additional 5 years
from turnover through our hassle free no prequalification "In-House"
Finance Plans... Pay only USD 500.00 Reservation for a 32.50sqm [350sqft
Executive Studio [Contract Price USD 52,487.50] then 60 consecutive
monthly payments of only USD 580.53 with the balance of USD 17,155.88
either payable in cash on turnover or to be financed over another 60
months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 10,497.50] on the
unit price.... Pay 90% Now [USD 37,791.00] and the remaining 10% [USD
4,100.00] on unit turnover from December 2009/2010

One Bedroom “Loft Type” Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A Executive 1 Bedroom "Loft Type"
Suites. Floor Area 50.69 sqm [546 sqft] at $1,808.80/sqm. USD 91,688.07
[Including Taxes] These 2-Storey ‘Loft Type’ units are overlooking the
Swimming Pool Deck. All units within Lancaster Suites Manila Atrium.
Current Special Offer for a One Bedroom "Loft Type" Suite provides
purchases with a Reservation Fee USD 500.00 and Balance Payable without
interest over 72 consecutive equal monthly payments of only USD 1,266.50.
Alternatively Save USD 5,471.28 by making a Reservation, USD 500.00 then
within 30 days a 30% Net Down Payment of USD 21,885.14 resulting Balance
payable without interest over 72 consecutive equal monthly payments of USD
886.55.

The Lancaster Atrium One Bedroom "loft Type" Suites are also now available
on the very affordable and competitive New Payment Plan that provides for
Executive Suites to be purchased on a No Interest No Down Payment basis
with 67% of the payment payable over 60 equal consecutive monthly
installments without interest and the 33% balance of the contract price
payable upon turnover of the unit or to be paid over an additional 5 years
from turnover through our hassle free no prequalification "In-House"
Finance Plans... Pay only USD 500.00 Reservation for a 50.69 sqm [546 sqft
One Bedroom "Loft Type" Suite [Contract Price USD 91,688.07] then 60
consecutive monthly payments of USD 1,018.27 with the balance of USD
30,092.06 either payable in cash on turnover or to be financed over
another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 18,337.61] on the
unit price.... Pay 90% Now [USD 66,015.41] and the remaining 10% [USD
7,335.04] on unit turnover from December 2009/2010

One Bedroom Corner Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A One Bedroom Corner Suites Average
Floor Area 62.82 square meters [675 sqft] at $1,808.80/sqm. USD 113,628.32
[Including Taxes] These units are all Corner Suites either facing towards
Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo, Samat
Street overlooking Mandaluyong, Makati and towards Manila Bay and the
Swimming Pool Deck. All units are within the Lancaster Suites Manila
Atrium. Current Special Offer for a One Bedroom Suite provides that it may
be purchased with a Reservation Fee USD 500.00 and Balance Payable without
interest over 72 consecutive equal monthly payments of USD 1,571.23.
Alternatively Save USD 6,787.69 by making the Reservation, USD 500.00 then
within 30 days a 30% Net Down Payment of USD 27,150.92 Balance payable
without interest over 72 consecutive equal monthly payments of USD
1,099.86.

The Lancaster Atrium One Bedroom Corner Suites are also now available on
the very affordable and competitive New Payment Plan that provides for
Executive Suites to be purchased on a No Interest No Down Payment basis
with 67% of the payment payable over 60 equal consecutive monthly
installments without interest and the 33% balance of the contract price
payable upon turnover of the unit or to be paid over an additional 5 years
from turnover through our hassle free no prequalification "In-House"
Finance Plans... Pay only USD 500.00 Reservation for a 62.82 sqm [675 sqft
One Bedroom Suite [Contract Price USD 113,628.32] then 60 consecutive
monthly payments of only USD 1,263.27 with the balance of USD 37,332.51
either payable in cash on turnover or to be financed over another 60
months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 22,725.66] on the
unit price.... Pay 90% Now [USD 81,812.40] and the remaining 10% [USD
9,090.27] on unit turnover from December 2009

Two Bedroom Loft Type Suites
Price: March 1, 2007

Lancaster Suites Manila Atrium Tower A Executive Two Bedroom Loft Type
Suites. Floor Area 75.67 square meters [815sqft] at $1,700.16/sqm. USD
136,871.90 [Including Tax] These units are all 2-Storey "Loft-Type" Suites
either facing towards Ortigas Center overlooking Pasig towards Laguna de
Bay and Antipolo, Samat Street overlooking Mandaluyong, Makati and towards
Manila Bay and the Swimming Pool Deck. All units are within Lancaster
Suites Manila Atrium. The Special Offer for a Two Bedroom Suite provides
that it may be purchased with a Reservation Fee USD 500.00 and the Balance
then Payable without interest over 72 consecutive equal monthly payments
of USD 1,894.05. Alternatively Save USD 8,182.31 by making a Reservation
USD 500.00 then within 30 days a 30% Net Down Payment of USD 32,729.26 and
Balance payable without interest over 72 consecutive equal monthly
payments of USD 1,325.84.

The Lancaster Atrium Two Bedroom 'Loft Type" Suites are also now available
on the very affordable and competitive New Payment Plan that provides for
Executive Suites to be purchased on a No Interest No Down Payment basis
with 67% of the payment payable over 60 equal consecutive monthly
installments without interest and the 33% balance of the contract price
payable upon turnover of the unit or to be paid over an additional 5 years
from turnover through our hassle free no prequalification "In-House"
Finance Plans... Pay only USD 500.00 Reservation for a 75.67 sqm [815
sqft] Two Bedroom "Loft Type" Suite [Contract Price USD 136,871.90] then
60 equal consecutive monthly payments of only USD 1,522.82 with the
balance of USD 45,002.73 either payable in cash on turnover or to be
financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 27,374.38] on the
unit price.... Pay 90% Now [USD 98,547.77] and the remaining 10% [USD
10,949.76] on unit turnover from December 2009/2010

Three Bedroom “Loft-Type Corner Suites
Price: March 1, 2007

Lancaster Atrium Tower A Executive Three Bedroom Loft Type Suites. Average
Floor Area 106.00 square meters [1140sqft] at $1,808.80/sqm. USD
191,732.80 [Including Taxes] These units are all "Corner Suites" either
facing Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo
or overlooking Mandaluyong, Makati towards Manila Bay and Swimming Pool
Deck. All units are within Lancaster Suites Manila Atrium. The Current
Special Offer for the Three Bedroom Suites provides purchases can be made
with only USD 500.00 Reservation Balance Payable without interest over 72
consecutive equal monthly payments USD 2,656.01. Alternatively Save USD
11,473.96 by making the Reservation, USD 500.00 then within 30 days 30%
Net Discounted Down Payment of USD 45,895.87 and Balance payable without
interest over 72 consecutive equal monthly payments USD 1,859.21.

The Lancaster Atrium Three Bedroom Corner Suites are also now available on
the very affordable and competitive New Payment Plan that provides for
Executive Suites to be purchased on a No Interest No Down Payment basis
with 67% of the payment payable over 60 equal consecutive monthly
installments without interest and the 33% balance of the contract price
payable upon turnover of the unit or to be paid over an additional 5 years
from turnover through our hassle free no prequalification "In-House"
Finance Plans... Pay only USD 500.00 Reservation for a 106.00 sqm [1140
sqft Three Bedroom Suite [Contract Price USD 191,732.80] then 60
consecutive monthly payments of only USD 2,135.43 with the balance of USD
63,106.82 either payable in cash on turnover or to be financed over
another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 38,346.56] on the
unit price.... Pay 90% Now [USD 138,047.61] and the remaining 10% [USD
15,338.63] on unit turnover from December 2009/2010

Three Bedroom Bi-Level Penthouse Suites
Price: March 1, 2007

Lancaster Atrium Tower A Executive Three Bedroom Penthouse Suites. Floor
Area 136.30 square meters [1467 sqft] at $1,975.68/sqm. Contract Price USD
269,285.18 [Including Taxes] These units are all 2-Storey Loft-Type
"Corner Suites" either facing Ortigas Center overlooking Pasig towards
Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati towards
Manila Bay. Current Special Offer for Penthouse Suites provide purchases
with USD 500.00 Reservation and Balance Payable without interest over 72
consecutive equal monthly payments USD 3,733.13. Alternatively Save USD
16,127.11 by making the Reservation, USD 500.00 then within 30 days 30%
Net Down Payment of USD 64,508.44 and Balance payable without interest
over 72 consecutive equal monthly payments USD 2,613.19.

The Lancaster Atrium Penthouse Suites are also now available on the very
affordable and competitive New Payment Plan that provides for Executive
Suites to be purchased on a No Interest No Down Payment basis with 67% of
the payment payable over 60 equal consecutive monthly installments without
interest and the 33% balance of the contract price payable upon turnover
of the unit or to be paid over an additional 5 years from turnover through
our hassle free no prequalification "In-House" Finance Plans... Pay only
USD 500.00 Reservation for a 136.30 sqm [1467 sqft One Bedroom Suite
[Contract Price USD 269,285.18] then 60 consecutive monthly payments of
only USD 3,001.43 with the balance of USD 88,699.11 either payable in cash
on turnover or to be financed over another 60 months payment plan.....

Cash Payment option, take a full 20% discount [Save USD 53,857.03] on the
unit price.... Pay 90% Now [USD 193,885.33] and the remaining 10% [USD
21,542.82] on unit turnover from December 2009

Lancaster Atrium Manila Tower A. Shaw Boulevard, Metro Manila.
Available Shop & Retail Store Units Update March 1, 2007

The Lancaster Atrium Shop/Store Retail Units are now available on the very
affordable and competitive New Payment Plan that provides for Suites to be
purchased on a No Interest No Down Payment basis with 67% of the payment
payable over 60 equal consecutive monthly installments without interest
and the 33% balance payable upon turnover of the unit or to be paid over
an additional 5 years from turnover through our hassle free no
prequalification "In-House" Finance Plans...

All payments will be made to the Lancaster Suites Manila Atrium Tower A
Equitable PCI Bank Escrow Trust Account. It is anticipated, given the
track record on sales of Tower I Units that property appreciation for
initial buyers of Tower A Atrium Units will be at least 60-70% on turnover
of units.

Available Lancaster Mall Shops, Restaurants & Store Units

Lancaster Atrium Tower A Shops, Restaurants & Store Units. Floor Area
45.11 sqm [485sqft] at $2,037.28/sqm. USD 91,901.70 [Including Taxes]
These units are all within the Lancaster Shopping Mall located on the
Lower & Upper Ground Floors of the Podium. Current Special Offer for the
example 45.11sqm Lower Ground Floor Shops, Restaurants and Store units
provide purchases with USD 1,000.00 Reservation and Balance Payable
without interest over 72 consecutive equal monthly payments USD 1,262.52.
Alternatively Save USD 5,454.10 by making the Reservation, USD 1,000.00
then within 30 days 30% Net Down Payment USD 21,816.40 and Balance payable
without interest over 72 consecutive equal monthly payments USD 883.77.
Another option, Pay Cash and take a full 20% discount [Save USD 18,380.34]
Pay 90% Now [USD 66,169.22] and 10% [USD 7,352.14] on unit Turnover from
December 2009/2010

Please note these are average floor areas. Actual unit sizes vary from
floor to floor. Unit offers on Cash Basis will be given Priority
Reservation Status. Prices quoted are in US Dollars at current [fixed
contract] exchange rate now Pesos 47.00/USD 1.00 [Effective March 1,
2007]

All Lancaster Residential Suites Unit 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

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

For further info please do not hesitate to contact us:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila 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
Web: http://www.lancastersuites.com [Lancaster Condotels]