PROPERTY DESCRIPTION:

Proposal

We are offering the following proposal for investors:

• Opportunity to own a piece of tropical paradise in premier vacation capital of the Philippines through acquisition of a preferred stock share ownership representing a specific condotel unit.
• Condotel Unit ownership with Club Ultima membership
• Hotel room nights privileges in any Crown Regency chain of hotels nationwide: Cebu, Davao, Makati, Mactan, Boracay.
• Access to world class facilities through Interval International hotel exchange of more than 2,000 hotels and resorts, worldwide.
• Guaranteed 45 days free nights per year accommodation even during peak season (with priority booking as unit owner).
• Projected substantial returns on investment through condotel operation.

Getting to Boracay

Plane

Travel by air via Kalibo/Caticlan is the fastest way to go Boracay from Manila or Cebu.

• Asian Spirit & SEAIR has more than 45x flights daily from Manila to Caticlan and other routes.
• PAL & Cebu Pacific Air each has 3x flights daily via Kalibo.
• Soon Air Phil and Cebu Pacific will fly the Manila to Caticlan air route.

Sea Ferry

Via Dumaguit on Negros Navigation or WGA Superferry. Travel time is about 12 hours, however, upon reaching Dumaguit, you still have to travel about 1 ½ to 2 hours by land before reaching Caticlan jetty port.

Land

The cheapest way to Boracay is via roll on roll off (RORO) trips to Panay Island. Daily Philtranco airconditioned or non-airconditioned buses leave for Panay via Caticlan. From Manila via bus to Batangas pier, travel time is about 2hrs to 3hrs depending on the traffic. Batangas to Calapan by boat takes 2 hours, another 2 hours by bus from Calapan to Roxas pier, then 4 hours by boat from Roxas pier to the Caticlan jetty port.

Project

Name:

Crown Regency Resort & Convention Center (Construction starts November, 2007)

Area:

382-room resort condotel with an approximate area of 12,000 sq.m.

Location:

• Located in Barangay Balabag along the main road of Central Boracay.
• Only a 3-minute leisure walk (5-meter wide brick flooring) to the Station 2 Beach.
• Only 5-minute walk to Bolabog Beach
• Safe, located near Boracay Police & Coast Guard station.

Structure:

• Three and a half stories high
• Guests will have access to the best facilities:
• The largest swimming pool in Boracay (2,500 sq.m.)
• 1,200-person capacity Convention Center
• Mermaid Performance Pool
• Laundromat
• Food and Beverage outlets

How to Get to Crown Regency Resort & Convention Center:

• Only 5-minute away from Caticlan Airport is the Crown Regency Welcome Center with the staff to welcome & assist you. Parking facilities for privately owned vehicles are available.
• Crown Regency with its own private boat will take you to Boracay Island.
• When you reach the island, private shuttle van of Crown Regency will transport unit owners & guests within the island.

Proponent

Property Owner:

Boracay Multiple Properties Developers, Inc. a 100% subsidiary of J. King & Sons Co., Inc.

Developer & Marketing:

Fuente Triangle Realty Developement, Corp., another subsidiary of J. King & Sons Co.,Inc. The sales and marketing team behind the rising Ultima Residences Towers in Metro Cebu.
www.ultimaresidences.com and www.fuentetriangle.com

Condotel Management: www.crownregency.com

Crown Regency Hotel Group, an experienced and established hotel chain owned by J. King & Sons Co., Inc.

• Club Ultima, Fuente Towers Cebu
• Crown Regency Suites in Mactan, Cebu
• Crown Regency Residences in Guadalupe, Cebu
• Crown Regency Residences in Davao
• Crown Regency Hotel and Towers in Fuente Osmeña, Cebu
• Crown Regency Hotel in Makati (Sept. 2007)
• Crown Regency Resort Hotel West Boracay, Station 3 (June 2008)

Existing Club Ultima members get a Php 300,000 discount from the existing price. Discount applies only on one (1) unit. Members with one (1) room night privilege must upgrade to seven (7) room night privilege to avail of the members price

For non-members, price includes Club Ultima membership with seven (7) FREE room nights with option to enroll with Interval International, subject to payment of regular charges imposed by Interval International. Refer to www.intervalworld.com

Foreign currencies are accepted at a lock-up value of minus ONE PESO (Php 1.00) of the prevailing exchange rate.

Note:

• Reservation deposit of Php 100,000.00 is part of the down payment;
• If down payment is paid outright, less 7% discount based on the Down Payment Amount;
• If down payment is paid within 30 days, less 5% discount based on the Down Payment Amount;
• Down payment can be paid in 3 months, 6 months, 9 months or 12 months;
• For down payment payable in 9 or 12 months, the monthly amortization starts on the 7th month;
• All retention payables should be covered by blank dated checks. Six (6) months prior to the start of the condotel operation, buyers will be informed that the blank dated checks will be deposited;
• For buyers with unpaid balances at the start of the condotel operations will only receive 70% dividends due until purchase amount of unit is fully paid;

• All checks should be made payable to Fuente Triangle Realty Development Corporation
• Cash paying Investors will be given first priority in choosing units
• Full profit of investors starts when investment is fully-paid
• Reservation deposit of ONE HUNDERED THOUSAND PESOS (Php 100,000.00) is part of the toltal purchase price and is non-refundable
• Cash paying Investors gets a signing bonus 45-day FREE Stay at any Crown Regency Hotel. Subject to registration with Interval International, these days too can be exchanged to avail of more than 2,000 hotels and resorts worldwide. Subject to Interval International regulations, advance bookings and payment of any fees and charges that may become payable. Check the website www.intervalworld.com

PRIVILEGES:

In order to give maximum benefits to the investors, the privileges in owning a unit are:

• Every year each condotel unit owner gets a 45-day Free Stay at the resort in his unit or the equivalent room type. (Transferrable, Valid for one year and is non-cumulative)
• Plus 7-day free stay at Club Ultima or any Crown Regency operated hotels nationwide annually.

• Subject to 3 months prior notice before expiry, the unused 45-day free stay is convertible to same room night equivalent at any Crown Regency hotel with no expiry period. Check the website www.crownregency.com or www.clubultima.com
• The 45-day free stay could also be exchanged with 2,000 Interval International affiliated hotels & resorts worldwide. Check the website www.intervalworld.com
• This unique condotel investment opportunity entitles the unit owner the added advantage of using multiple properties in any Crown Regency Hotel & 2,000 resorts worldwide - An unmatched privilege never offered by any other company in the Philippines today

The bigger the investment the higher the returns. Investors could look forward to an estimated 5-year full return of their investment once the condotel is operational and unit is fully paid for. In the meantime, he can enjoy the good life in Boracay or the privileges & benefits of being a member of Club Ultima and in all of its off-site facilities through the Crown Regency Hotel chain.

For any clarifications; feel free to contact me. THANK YOU!