It was very disappointing and distressing that projects we were courting negotiating did not push through:
1. Somebody balked and changed his mind from JV to sell after 6 months, and after accommodating the land owner for a hefty sum, and after having the project pre approved by the mayor.
2. The one we are pursuing at an island province seemed to have stalled as we had no more news about our discussion on a proposed deal.
However I got the following offer:
1. MP, untitled, 3 hectares on a mountain slope, a plateau and overlooking
2. MP a 3.9 hectare project titled, no hill climb, for sale; we proposed a JV. What a relief from Guido case and all that controversy
3. A 2.9 hectare near the highway, overlooking, suitable for a high end big cut subdivision for a clustered vacation home project, resort, eatery, coffee shop. Definitely a JV.
So for one or two project lost, several will appear without you looking for a replacement.
N. B. Update.
1. MP, untitled, 3 hectares on a mountain slope, a plateau and overlooking.
Not overlooking the Laguna Lake; the ones that are overlooking at the back of the resort.
Different negotiation. The owners would like to build a school
More accessible because of the Ynares avenue from Pantok, from Save more. About 2.4 km.
From Elem School about 1+ Km.
2. MP a 3.9 hectare project titled, no hill climb, for sale; we proposed a JV. What a relief from Guido case and all that controversy
So far away about 3 km from high way (from Phoenix) VM property. So many ascent.
Roads are narrow.
3. A 2.9 hectare near the highway, overlooking, suitable for a high end big cut subdivision for a clustered vacation home project, resort, eatery, coffee shop. Definitely a JV.
The owner is the land owner and developer. We can only get as much as 20% for
Marketing - 10%
Design - 5%
Management - 5%.
The owner is a contractor and does not have much experience in marketing and design.
So for one or two project lost, several will appear without you looking for a replacement.
