Splendido Tagaytay - Frequently Asked Questions

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Splendido Tagaytay - Frequently Asked Questions

  1. 1. TAAL RESIDENTIAL, GOLF AND COUNTRY CLUB
  2. 2. FAQs (FREQUENTLY ASKED QUESTIONS) AND FACTS ABOUT SPLENDIDO 1. LANDOWNER Jaka Tagaytay Holdings Corporation CEO – Katrina Ponce Enrile This corporation is a joint venture between JAKA Tagaytay Development Corporation (JTDC) and a corporation of three of the country’s top universal banks, namely: SOLIDBANK, PCIBANK and METROBANK. 2. DEVELOPER Sta. Lucia Realty & Development Corporation (Developer of the Year 2003) President – Exequiel Robles 137 Subdivisions 11 Championship Golf Courses 7 World Class Golf Communities, such as: - Orchard Residential Estates Golf & Country Club - Eagle Ridge Golf & Residential Estates - Summit Point Golf & Residential Estates - Caliraya Springs - Caliraya Lakeridge 5 Sports & Country Club Estates 1 Grand Mall 31 years of service
  3. 3. 3. LOCATION ( METRO TAGAYTAY - LAUREL, BATANGAS) Within a very prime area of the Tagaytay Ridge enjoying a majestic view of the famous Taal Lake and Volcano. Distances: Manila - 69 kms. Tagaytay Rotunda - 13 kms. Tagaytay / Alfonso Boundary - 3 kms. 10. ELEVATION 2,500 feet above sea level 14. LAND ALLOCATION DATA 87 Hectares 4,149 Hectares - Reserved Area 82.85 Hectares - Buildable Area
  4. 4. LAND ALLOCATION DATA Town Center - 2.42 Hectares Condotel - 6.56 Hectares Country Club - 3.83 Hectares Golf Course - 62.50 Hectares Residential Area - 35.83 Hectares Estate Lot Area - 6.70 Hectares Road Networks - 24.58 Hectares Open Space - 2.90 Hectares Forest Reserve - 100.00 Hectares 13. ARE CONCRETE FENCES ALLOWED? It is the intention of JTHC to propagate the image of SPLENDIDO as a nature themed subdivision. Hence the fences should be of an architectural style that is in harmony with the nature theme. The design of all fences shall be organic architectural styles such as hedges or of a fence design approved by JTHC. However, purchaser of border/perimeter lots shall maintain the solid wall made of stone or concrete along the perimeter. • TOTAL LAND AREA OF TAGAYTAY 6,615 Hectares or 5.15% of Cavite Province
  5. 5. • WHAT IS THE AVERAGE CLIMATE IN TAGAYTAY? 22.7 degrees Co 6. WHAT IS THE BUILDABLE AREA? Coverage Ratio: The allowable coverage ratios for each lot shall be consistent with the rules and regulations of Presidential Commission of Tagaytay-Taal (PCTT), JTHC and STHA. The building footprint for all lots shall not exceed thirty percent (30%) of the total lot area. 10. WHAT IS THE MAXIMUM ALLOWABLE HEIGHT OF HOUSES? 9 meters. 14. AT WHAT POINT CAN THE BUYERS BUILD THEIR HOUSES? Upon payment of at least 50% of the principal and when house plans have been approved. No house plan shall be approved unless the purchaser pays a construction deposit and has complied with all the necessary requirements.
  6. 6. 2. MEMBERSHIP IN THE COUNTRY CLUB. A lot buyer upon signing of the Contract to Sell shall be nominated by JTHC, as an assignee member of the Splendido Taal Country Club. Membership granted herein shall always be co-terminus with the ownership of the lot. The purchaser of the lot does not own a share at the Country Club, hence he/she cannot sell, encumber, transfer or dispose the assigned membership. 6. BUILDING MATERIAL? All houses must be of strong materials valued at not less than P3 million. 10. DESCRIBE THE GOLF COURSE Its an all-weather par-72 Championship Golf Course set amidst a 62.5 hectares of gently rolling terrain and a product of the GREG NORMAN GOLF COURSE DESIGN GROUP PTY. LTD., is a SIGNATURE golf course. The golf course is now playable.
  7. 7. • DESCRIBE THE GOLF CLUBHOUSE A leading architectural firm - RR PAYUMO & Partners - designed the 2-storey, Spanish-Mediterranean architecture with a total floor area of 2,700 square meters. The clubhouse has a commanding view of the famous TAAL LAKE & VOLCANO. The Golf Clubhouse has been inaugurated last June 2, 2006 and is now fully operational. • GOLF COURSE PLAYING DISTANCE IN YARDS Black - 6997 yards Gold - 6654 yards Blue - 6316 yards White - 6000 yards Red - 5530 yards 14. WHAT ARE THE SETBACKS & EASEMENTS? Minimum setback is 3 meters from the property line on the sides fronting the street and 2 meters on the side/s facing the adjoining lot line. For lot size of 900 sq.m. or more, the minimum setback is 10 meters on the property line, facing the street or the side directly opposite and 5 meters on the remaining sides.
  8. 8. • HOW HIGH CAN THE FENCES BE BUILT? Fronting the property should not exceed a height of 1 meter from the natural grade line. Fences on the remaining side of the property should not exceed a height of 2 meters from the natural grade line. 6. WATER SUPPLY / SOLAR WATER HEATERS Buyers are encouraged to install an underground cistern or reservoir with a capacity not exceeding two (2) cubic meters. No overhead tanks are allowed. Solar water heaters will not be allowed on any part of the roof. 10. HOUSE CONSTRUCTION DEPOSIT NEW CONSTRUCTION P40,000.00 – for lots up to 250 to 499 sq.m. P60,000.00 – for lots up to 500 to 899 sq.m. P80,000.00 – for lots above 900 and up sq.m. P 2,000.00 Plan Processing Fee is non-refundable P 6,000.00 Administrative Surcharge (for security services, collection of construction debris / garbage for 6 months) plus P 1,000.00 per month in excess of 6 months construction work.
  9. 9. IMPROVEMENTS / ADDITIONAL STRUCTURES P 8,000.00 – for lots up to 250 to 499 sq.m. P10,000.00 – for lots up to 500 to 899 sq.m. P12,000.00 – for lots above 900 and up sq.m. P 1,000.00 Plan Processing Fee is non-refundable 9. IS THE CONSTRUCTION DEPOSIT REFUNDABLE? 100% Refundable but in accordance with the approval of Splendido Taal Home Owners Association (STHA). 13. ARE TITLES AVAILABLE? Technical description of the lots have been approved by the Bureau of Lands. 90% of the individual titles have been released and we expect to deliver the the remaining 10% of the titles within the 3rd quarter of 2006. 17. USE AND OCCUPANCY OF LOTS Only one (1) private single family residential house shall be constructed on each lot . Roofing materials will be limited to colors normally associated with earth tones (i.e.. dark brown, green, gray, etc.).
  10. 10. 3. BANK-TO-BANK REMITTANCES Remittances and payments can be sent to the following: BANK NAME : BANK OF COMMERCE BRANCH : PASIG BRANCH (PHILIPPINES) ACCOUNT NAME : FIL-ESTATE SALES, INC. ACCOUNT NO. : 00-8000-0126-89
  11. 11. DOCUMENTARY REQUIREMENTS FOR INDIVIDUALS 3. Photocopy of residence certificate or passport 4. Taxpayer’s Identification Number (TIN) 5. Photocopy of valid ID with picture & signature of buyer/s 6. 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Application. 7. For married individuals, photocopy of marriage certificate. Note : For married individuals, both spouses need to submit requirements 1,2, & 3. FOR CORPORATE ACCOUNTS • Photocopy of By-Laws of the Company • Photocopy of Articles of Incorporation • Notarized Board Resolution of the Company or Secretary’s Certificate stating the ff. - The date and place of the board meeting - That a quorum was present in approving the board resolution - That the board authorized the purchase of the property - The designated signatory for the sale documents - The designated playing representatives for corporate golf shares 21. Residence Certificate of the Company and appointed representative/s 22. TIN of the Company and appointed representative/s 23. 2 Original kind of proofs of billing of the corporation (not the representative)
  12. 12. DOCUMENTARY REQUIREMENTS FOR BALIKBAYANS 3. Photocopy of passport 4. Photocopy of valid ID with picture & signature of buyer/s 5. 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Application. 6. For married individuals, photocopy of marriage certificate. 7. Affidavit as required by law and is necessary for registration of the lot in his/her name. Affidavit should indicate that buyer was a natural-born Filipino who has lost said citizenship or otherwise has re-acquired the same. Note : For married individuals, both spouses need to submit requirements 1 & 2 FOR CAPITAL OR PARAPHERNAL PROPERTIES • Same requirements as that of INDIVIDUAL buyers • Affidavit from non-buying spouse confirming that the fund used by the buying spouse are indeed exclusive funds. NOTE: The non-buying spouse is still required to sign the sale documents.
  13. 13. REPUBLIC ACT 9225 AN ACT MAKING THE CITIZENSHIP OF PHILIPPINE CITIZENS WHO ACQUIRE FOREIGN CITIZENSHIP PERMANENT, AMENDING FOR THE PURPOSE COMMONWEALTH ACT NO. 63, AS AMENDED, AND FOR OTHER PURPOSES. Section 1. Short Title – This act shall be known as the “Citizenship Retention and Re- acquisition Act of 2003.” Section 2. Declaration of Policy – It is hereby declared the policy of the State that all Philippine citizens of another country shall be deemed not to have lost their Philippine citizenship under the conditions of this Act. Section 3. Retention of Philippine Citizenship – Any provision of law to the contrary notwithstanding, natural-born citizenship by reason of their naturalization as citizens of a foreign country are hereby deemed to have re-acquired Philippine citizenship upon taking the following oath of allegiance to the Republic: “I _______________, solemnly swear (or affirm) that I will support and defend the Constitution of the Republic of the Philippines and obey the laws and legal orders promulgated by the duly constituted authorities of the Philippines; and I hereby declare that I recognize and accept the supreme authority of the Philippines and will maintain true faith and allegiance thereto; and that I imposed this obligation upon myself voluntarily without mental reservation or purpose of evasion.”
  14. 14. Natural-born citizens of the Philippines who, after the effectivity of this Act, become citizens of a foreign country shall retain their Philippine citizenship upon taking the aforesaid oath. Section 4. Derivative Citizenship – The unmarried child, whether legitimate, illegitimate or adopted, below eighteen (18) years of age, of those who re-acquire Philippine citizenship upon effectivity of this Act shall be deemed citizens of the Philippines. Section 5. Civil and Political Rights and Liabilities – Those who retain or re-acquire Philippine citizenship under this Act shall enjoy full civil and political rights and be subject to all attendant liabilities under existing laws of the Philippines and the following conditions: (1) Those intending to exercise their right of suffrage must meet the requirements under Section 1, Article V of the Constitution, Republic Act No. 9198, otherwise known as “The Overseas Absentee Voting Act of 2003” and other existing laws; (2) Those seeking elective public office in the Philippines shall meet the qualification for holding such public office as required by the Constitution and existing laws and, at the time of the filing of the certificate of candidacy, make a personal and sworn renunciation of any and all foreign citizenship before any public officer authorized to administer an oath; (3) Those appointed to any public office shall subscribe and swear to an oath of allegiance to the Republic of the Philippines and its duly constituted authorities prior to their assumption of office: Provided, that they renounce their oath of allegiance to the country where they took that oath;
  15. 15. (4) Those intending to practice their profession in the Philippines shall apply with the proper authority for a license or permit to engage in such practice; and (5) That right to vote or be elected or appointed to any public office in the Philippines cannot be exercised by, or extended to, those who: (a) Are candidates for or are occupying any public office in the country of which they are naturalized citizens; and/or (b) Are in active service as commissioned or non-commissioned officers in the armed forces of the country which they are naturalized citizens. Section 6. Separability Clause – If any section or provision of this Act is held unconstitutional or invalid, any other section or provision not affected thereby shall remain valid and effective. Section 7. Repealing Clause – All laws, decrees, orders, rules and regulations inconsistent with the provisions of this Act are hereby repealed or modified accordingly. Section 8. Effectivity Clause – This Act shall take effect after fifteen (15) days following its publication in the Official Gazette or two (2) newspaper of general circulation. Approved: August 29, 2003 Effectivity: September 17, 2003
  16. 16. PRESIDENTIAL DECREE 185 BALIKBAYAN ACT PURPOSE OF THE LAW To allow a natural born citizen of the Philippines who has lost his Philippine citizenship to be a transferee of private land, for use by him as his residence. Natural born citizen defined: One who is a citizen of the Philippines from birth without having to perform any act to acquire or perfect his citizenship. WHO MAY AVAIL OF THE PRIVILEGE GRANTED BY LAW? 1) Any natural-born citizen of the Philippines who has lost his Philippine citizenship; 2) He must have the legal capacity to enter into a contract under Philippine laws: a. Must be of legal age – at least 18 years old c. Must have capacity to act – to do acts with legal effects.
  17. 17. REQUIREMENTS FOR THE REGISTRATION OF TITLES TO LAND TRANSFERRED Submit to the Register of Deeds of the province or city where property is located a sworn statement showing the following: E) Date and place of birth F) Names and addresses of parents, spouse and children G) The area, location & mode of acquisition of his landholdings in the Philippines H) His intention to reside permanently in the Philippines I) Date he lost his Philippine citizenship & the country of which he is presently a citizen SIZE OF LAND THAT MAY BE ACQUIRED / TRANSFERRED A) 1,000 sq.m. – Urban Land (maximum) B) 1 hectare – Rural Land (maximum) In case of married couples, one of them may avail of the privilege PROVIDED, that if both shall avail of the same, the total area acquired shall not exceed the maximum size fixed. A transferee who already owns an urban or rural land may still acquire or be a transferee of additional rural or urban land for --- RESIDENTIAL PURPOSES provided that his total landholdings shall not exceed the maximum area so fixed. A transferee may only acquire 2 lots which should be situated in different municipalities or cities in the Philippines, PROVIDED that it does not exceed the maximum allowable landholding. A transferee who shall acquire urban land shall be disqualified from acquiring rural land and VICE-VERSA.
  18. 18. REPUBLIC ACT 8179 ACQUISITION OF LAND BY FORMER FILIPINOS FOR PURPOSES OF BUSINESS & COMMERCE (Amending the Foreign Investment Act of 1991) PURPOSE OF THE LAW To allow a natural born citizen of the Philippines who has lost his Philippine citizenship to be a transferee of private land, for use by him for purposes of investment in business or commerce. SALIENT PROVISIONS OF R.A. 8179 SIZE OF LAND THAT MAY BE ACQUIRED 10.Urban Land - Maximum of 5,000 square meters 11.Rural Land - Maximum of three (3) hectares In case of married couples, either of the spouses may avail of this privilege provided the total area acquired should not exceed the maximum area allowed by law. In cases where the spouses already owns urban or rural lands for business purposes, they may acquired additional urban or rural lands which when added to those they presently own shall not exceed the authorized maximum area.
  19. 19. LIMITATIONS TO THE ACQUISITION OF LAND 3. A person may acquire not more than two (2) lots which should be situated in different municipalities or cities anywhere in the Philippines, provided that the total area of those lots do not exceed 5,000 sq.m. for urban land or three (3) hectares for rural land for use in business and commerce. 5. Under Section 4 of Rule XII of the Implementing Rules and Regulations of Republic Act 704 as amended by R.A. 8179, a transferee who has already acquired urban land shall be disqualified from acquiring rural land and vice versa. However, if the transferee has disposed of his rural land, he may still acquire rural land and vice versa, provided that this will be used for business. 7. A transferee of residential land acquired under Batas Pambansa Blg. 185 may still avail of the privilege granted under this law.
  20. 20. WELCOME TO SPLENDIDO

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