Bahayph Realty

Dear Sir/Madame:

Mabuhay!

Thank you for your kind interest on the Century City located in the heart of Makati City.

We would like to present our latest project after the success of Soho Central in Mandaluyong & South of Market in Fort Bonifacio - The GRAMERCY RESIDENCES at Century City, the Only Fully Furnished, Fully Fitted, 24/365, Hyper-amenitized Residence in the Philippines and would soon house the Largest BPO and IT Park in the Philippines, the largest industry that attracts Foreign Investors to invest in the Philippines.

I am Flora G.Bartonico Century Sales Officer of Century Properties Group Philippines, the developer of ESSENSA EAST FORBES, voted by ASIAWEEK MAGAZINE as the best residential building in ASIA. It is the first and only residence in the Philippines designed by Jerde Partnership, world-renowned masterplanner and winner of 2006 Best Masterplanned Community (Zlote Tarasy in Warsaw, Poland).

Century Properties has over 20 years of real estate development, marketing and management experience, US$ 1.75 Billion in assets under management, and more than 60 developments in its portfolio. These assure discerning buyers the most exceptional and well-maintained residences for years to come.

All units are fully fitted and fully furnished with balconies and will be delivered to investors stylishly interiored with a choice from our 6 designs concept. Estimated Turnover Date is 2nd quarter of 2011.

MASTERPLANNED DEVELOPMENT

1. Largest IT Park, School & BPO Offices - one hectare IT Park, the Only IT Park & BPO Office in Makati. On 2010, this would soon house the BPO Offices (Business Processing Outsource) (largest industry in the philippines right now) high demand for having call centers employing our local manpower by the foreign investors. Banking, Analysis, credit application abroad processed locally signals a strong demand for office projects right in the financial district of Makati. Imagine, the demand for residential units and rental units by that time.

2. FIVE STAR HOTELS - soon to rise would be a five star class hotel in the financial capital. A new and fresh perspective for our tourist seeking for the best 5 star hotel the country can offer.

3. RESIDENTIAL TOWERS - another first in the real estate industry in the Philippines to feature amenities in the sky in posh choices of ONE, TWO or THREE Bedroom Standard or Loft-Type luxury units in residential towers inspired by the cities of NEW YORK, PARIS and LONDON.

4. UNIQUE COMMERCIAL CENTER - The residential towers will be built within the retail core, bringing within reach everything you need all year round 24 hours in 365 days. Every place is virtually an elevator away.

AMENITIES

The Gramercy Residences will be the only 24/365 hyper-amenitized high-rise in the Philippines boasting of features and luxuries never before attempted anywhere else in the World.

Among them the piece de resistance: The Oasis, a breathtaking Sky-Park with waterfalls, infinity pools, a designer restaurant, health club, and more, 30 stories above the ground and traversing each of the three buildings.

Three World Class Swimming Pools
Featuring a freeform infinity pool, a 25-meter lap-pool with multiple lanes and a children's pool -- all with breathtaking Makati Skyline Views.

Cascading Water falls
The sound of rainfall like rhythm fills the air with a sense of serenity while the waterfall double as a distrinct visual interest.

Jacuzzi
Relaxing in dramatic fashion, seekers are treated with the fantastic city view while being immersed in nature.

Day Care Center
While you work, your small bundle of joy will receive the best care and attention from the center's experienced and highly-trained staff.

Yoga / Pilates Room
Tucked away behind a lush landcape, this facility provides a tranquil workout area for wellness seekers.

Spa & Massage Center
From facials and massages to a relaxing steam bath, the spa at Gramercy provides an escape for those who want to recharge and rejuvenate.

PRICE RANGES AND SIZES:

STANDARD UNITS

Studio Unit ---------------- 26 sq.m. to 30 sq.m. ------------ 2.5 million to 2.9 million

1 Bedroom Unit --------- 34 sq.m. to 44 sq.m.------------- 3.1 million to 4.4 million

2 Bedroom Unit --------- 53 sq.m. to 85 sq.m.------------- 5.2 million to 8.7 million

3 Bedroom Unit ---------125 sq.m. to 166 sq.m.----------- 12 million to 17 milion

LOFT UNITS

1 Bedroom loft Unit - 41 sqm. to 58 sqm. 4.5 million to 6.5 million

2 Bedroom loft Unit - 88 sqm. to 114 sqm. 10.6 million to 12.4 million

3 Bedroom loft Unit - 145 sq.m. to 152 sq.m 15.7 million to 17 million

Parking slot is optional and on a First-Come-First-Serve Basis.

Studio Units ----------------------------------------------------------- P610,000.00

Studio / 1Br / 1Br Regular / 1Br Lofts --------------------- P650,000.00

1Br Regular / 1Br Lofts ------------------------------------------- P690,000.00

2Br Regular / 2Br Lofts ------------------------------------------- P730,000.00

3Br Regular / 3Br Lofts ------------------------------------------- P770,000.00

PAYMENT OPTIONS (we offer 13 flexible payment options below and can be customized according to your preference)

Downpayment Monthly
Amortizations Balloon
Payments Final
Amount Discount
1
20% in 6 months 60% in 42 months - 20% upon turnover 0%
2
20% in 1 month 60% in 42 months - 20% upon turnover 1.5%
3
20% in 1 month 60% in 48 months - 20% upon turnover 0.75%
4
20% in 1 month 70% in 48 months - 10% upon turnover 1.65%
5
20% in 3 months 25% in 46 months 30% payable as 7.5% on the 13th, 23rd, 33rd, 43rd months 25% upon turnover 0%
6
20% in 3 months 30% in 46 months 30% payable as 7.5% on the 13th, 23rd, 33rd, 43rd months 20% upon turnover 0.25%
7
- 100% in 48 months - - 0.9%
8
30% in 1 month 60% in 48 months - 10% upon turnover 2.75%
9
40% in 1 month 60% in 48 months - - 4.6%
10
98% in 6 months - - 2% upon turnover 9%
11
98% in 1 month - - 2% upon turnover 10%
12
35% in 24 months 65% on the 25th month
via bank financing - - 0%
13
35% in 24 months 65% on the 25th month
via in-house financing - - 0%

NOTES:
1.	The Reservation Fee is non-refundable.
2.	Notwithstanding the above mentioned payment schedule, all the balances shall be settled in full upon receipt of turnover notice.
3.	For accounts computed using an estimated FOREX rate:
	a. The Philippine Peso price shall be used as basis.
	b. Bank Charges and miscellaneous fees incidental to the conversion with be for the account of the buyer.
	c. Any adjustments in the contribution as a result of the estimated FOREX differences shall be reconciled at unit turnover.
4.	Failure to settle the monthly contribution on time shall result to a 3% per month penalty.
5.	All local and international buyers are required to issue postdated checks (PDCÃ¢â‚¬â„¢s) to cover downpayment, monthly amortizations and turnover balance. Postdated checks can be in Philippine Peso, US Dollar, Euro, Canadian Dollar, Australian Dollar denominated.
6.	Payments via wire transfers or remittances are not allowed.
7.	The Developer reserves the right to correct errors in prices and terms in the event discrepancies are discovered at any time.
8.	Acceptance of additional payments is subject to approval of the payments terms by the Developer.

6 INTERIOR DESIGN CHOICES