SOUTH REEF FULLY FURNISHED RESIDENTIAL PROMO UNITS IN MACTAN, CEBU

SOUTH REEF CONDOTEL
PUNTA ENGANO, MACTAN ISLAND

The South Reef is beside The Reef 1

SOUTH REEF CONDOTEL will be the second resort facility to be
managed by the Abaca Group. The SOUTH REEF is perched in the
seafront in Mactan. It is a 22 storey beach front in PUNTA ENGANO
which offers first class amenities.

All units will have glass walls, glass railings and glass sliding doors
facing facing the sea (east). Ample balconies are provided to every
unit to extend the living space outdoor.

A full range of aqua sports facilities (jet ski, speed boats, wakeboarding
kayak , hobby cat sail, water playgrounds and more will be offered as
basic features.

AS OF FEBRUARY 23 PROMO - The REEF TOWER 2
RESIDENTIAL UNITS ONLY

* We have converted a very limited number of condotels to residential
units all facing the sea.

* 40 sqm. units, fully furnished at 7.04M -7.8M only inclusive of transfer
and miscellaneous fees

SAMPLE COMPUTATIONS :
- Units 03
Total Contract Price 6.8M + 245,000 Misc. Fees
Outright Cash :
Total Contract Price 6.6M + 240,000 Misc. Fees

- Units 01 & 02
Total Contract Price 7.8M inclusive of miscellaneous fees
Computation : 7,800,000 - 75,000 = 7,725,000 / 102.5% =
Total Contract Price 7,536,585.37 + Misc. Fees : 256,097.56 = 7,500,000

To avail you can request from me a LETTER OF INTENT (LOI)