MARIA LUISA ESTATE PARK

FACT SHEET

The Maria Luisa Estate Park Development is designed to epitomize Cebu Lifestyle at its BEST. The lots were designed to maximize the city, mountain and valley views as well as building potential of every property. Privacy and security are priorities. Ideally located in Banilad, Cebu City, it is the only remaining high-end quality subdivision that can boast of proximity to the heart of the city where home is a mere 5-10 minute drive away from work, school and malls. Once you live in Maria Luisa Estate Park, you wouldn't want to live anywhere else.

1. How big is the development?
   Maria Luisa Estate Park is a 200-hectare fully developed project. The last phases for sale are broken down to the following:
   1. Phase 8 – 22 hectares
   2. Phase 9 – 39 hectares
   3. Phase 10 – 12 hectares
   4. Phase11 – 4.6 hectares
2. Where is it located?
   The project is located in Banilad, Cebu City bordered by the Busay and Talamban Hills.
3. Where are the points to the subdivision?
   Main access is thru Banilad. The 2nd access is thru Nivel hills, Busay which is just 5 minutes away from JY Square, Lahug.
4. What are the lot sizes?
   1. Phase 8 – 230-1,383 square meters
   2. Phase 9 – 342-1,959 square meters
   3. Phase 10 – 520-1,467 square meters
   4. Phase 11 – 700-1,515 square meters
5. How much is the investment per square meter?
   Maria Luisa Estate Park lot investments start from Php5,000 per square meter for mountain side lots up to Php15,000 per square meter for super prime lots.
6. How long will it take to reach the new phases?
   The development is less than 10 minutes away from Cebu's business district.
   1. From Banilad Gate to Phase 8 – 5 minutes
      Phase 9 – 6 minutes
      Phase 10 – 4 minutes
      Phase 11 – 8 minute
   2. From Busay Gate to Phase 8 – 8 minutes
      Phase 9 – immediately upon entering
      Phase 10 – 6 minutes
      Phase 11 – 9 minutes
7. How far is the project from shopping malls, airport and boat station?
   1. From the Banilad access gate, Banilad Town Center and Country Mall are only 2– minute drive away.
   2. From the Busay access gate, JY Square Mall is only a 5 – minute drive away.
   3. Airport is about 12 kilometers away.
   4. The boat station is around7 kilometers away.
8. What are the existing amenities?
1. Park, Basketball Court and Clubhouse in Phase 2
2. Imported American Playground in Phase 8 (Swings/Slides/Monkey Bar/Seesaw)
3. Emerald Lake Valley (1.6 hectare park) in Phase 6 where homeowners and friends can enjoy beautifully landscaped picnic grounds, bicycle and jogging paths and fully stocked fishing grounds.
4. The Highland Park at Maria Luisa is a half-hectare project with the most magnificent view of Cebu. This park has a beautiful and scenic view, miles long jogging path, world-class children's playground and picnic areas. All these are designed by the world-renowned landscape architect, Shirley Sanders (Her projects include Mactan Shangri-La, the Palace Garden of the Sheik of Dubai, Intercontinental Hotel Manila and Bohol Beach Club). This is situated on a high elevated portion of Phase 9, close to the Busay Entrance Gate.
5. A basketball court which is convertible to a tennis court plus a playground are additional amenities located at the valley of Phase 9.  These are designed by one of Cebu’s top architects, Ed Gallego.
6. The Highlands at Maria Luisa situated on a relatively exclusive high location in Phase 9 has a brand new basketball court.
9.   Security & Safety

Security is a priority concern in Maria Luisa Estate Park. The Homeowners’ Association does not take any risk when it comes to this matter.  It has hired the services of a total of 33 guards stationed strategically in 8 guard outpost throughout the entire property.  Security guards assigned at these outposts are tasked to roam around their respective areas every 2 hours. Both Banilad and Busay entrance gates have guards imposing strict security measures such as inspection of visitors and vehicles.  Aside from this, there are cctv cameras installed in the entrances to monitor the activities. Phases 9 and 11 also have additional gated entrances with guards.  All these are provided to ensure the security and safety of homeowners.

TECHNICAL

1. Is there sufficient water supply in the subdivision?
   Maria Luisa Estate Park has abundant water source with 6 deep wells and 11 water tanks, the biggest of which has a capacity to store 51,000 gallons of water.  It is more than enough to supply all the households in the subdivision. Stand-by generators are provided to pump water during brownouts to ensure continuous supply. In terms of cost, homeowners currently pay P20 per cubic meter of water for a minimum consumption of 20 cubic meters.  This amount is being determined by the Homeowners’ Association.

2. What is the highest elevation of the subdivision?
   The highest elevation is 230 meters above mean sea level.
3. Are utilities like telephone, cable services and electricity already in place?
• Telephone and Internet DSL connections are provided by Globelines and PLDT.
• Cable services can be accessed via Dream connection and Sky Cable for selected areas.
• Electricity throughout the entire subdivision is provided by VECO and is ready for tapping.

1. Is there a required minimum value of houses to be built?
   At present, houses to be built should not cost less than 3 Million Pesos. This amount is being determined by the Homeowners’ Association.

5. What is the maximum building height allowed and what are the required easements?
• Houses can be built up to 20 feet from the highest point of elevation of the property. This is to allow each home to have the best-unobstructed views of the city, mountains and valleys. Setbacks are 3 meters in front and easements are 2 meters on the sides and at the back.
• Some valley lots in Phases 8 & 9 can enjoy height allowances of up to 28 feet high.
• Please ask for a copy of the Deed of Registration for detailed information on building regulations.

DOCUMENTATION

1. Do all your lots have clean Titles?
   Yes. We don't sell lots that are not titled. And we guarantee that all our titles are free from liens and encumbrances.
2. How long will processing of individual titles take?
   With complete documents and full payment, it will take approximately 6 months to transfer titles to the buyer's name.
3. When can I build my home in Maria Luisa Estate Park?
   Full payment for the lot is required before you can start building your home.
4. How much are the Homeowner's Monthly Dues?
• Lot owners and house & lot owners share the same rate for monthly dues which is Php1.30 per square meter of lot area.
• Garbage disposal costs Php 459.20 per month (subject to change without prior notice and as determined by the Homeowners’ Association)

Requirements:
Buyer (For Individual):

1. Copy of Community Tax Certificate
2. Two copies of BIR Form 1901; 1902; 1903; 1904; 1905; (whichever is applicable) re: Application for Registration
3. Copy of Taxpayer's Identification Number
4. Buyer's Reservation Form

Buyer (For Non-IndividualL)

1. Two (2) copies of Articles of Incorporation
2. Two (2) copies of By-Laws
3. Original & Photocopy of Secretary Certificate
4. One (1) copy of Community Tax Certificate
5. Two (2) copies of BIR Form 1901; 1902; 1903; 1904; 1905 (whichever is applicable) re: Application for Registration
6. One (1) copy of Community Tax Certificate of Authorized Representative
7. Two (2) copies of BIR Form 1901; 1902; 1903; 1904; 1905 (whichever is applicable) for authorized Representative re: Application for Registration
8. One (1) copy of T.I.N. of Corporation
9. One (1) copy of T.I.N. of Authorized Representative
10. Buyer's Reservation Form

Note: For buyers of Agro-Macro Devt. Corp. whose subdivision lots are located at Mandaue City, a photocopy of the buyer's birth certificate is required if the buyer has no T.I.N. No.

SHOTCRETING WORKS IN PHASE 9-C

One of the major considerations for success in the Real Estate Industry is the Developer's credibility. MRO Development Corporation (MRO) enjoys a credibility that has been untainted in over 45 years. As a major player in the industry, MRO continues its legacy of providing quality high-end subdivisions to the Cebuanos – where safety and security have always been a priority.
In keeping with this legacy MRO, in 2001, invested a large amount of time and money to secure the unsupported slopes in a portion of Phase 9-C in Busay. The rehabilitation measures included Soil Nailing and Shotcreting, a 1st of its kind in Cebu City. These technologies are prevalent in Hongkong, where the terrain is prone to geologic hazards. Shotcreted areas in Hongkong are able to withstand high-rise structures.
Soil Nailing is the process of drilling holes – 5 to 10 meters in depth – into the mountains. Deformed bars are inserted into the holes and cement is, thereafter, poured through the bars. The poured cement would penetrate and find its way through the holes and cracks thereby strengthening and increasing the safety factor of the lot. Shotcreting, on the other hand, involves the use of wire mesh installed on the exposed surface of the mountains to protect the slopes from erosion. With the use of a Guncrete Machine, a 4 inch thick concrete is plastered and sprayed to cover the mesh.
Soil Nailing and Shotcreting, however, have been applied on the Open Spaces and in areas that are not salable. All Salable Lots in the Park are deemed sound and stable, and thus, suitable for house construction.
With these mitigating measures, MRO continues to enjoy the trust of not just its homeowners and investors but of the government regulating agencies such as the HLURB and the EMB-DENR. This is the same trust and confidence that has made Maria Luisa Estate Park a byword synonymous to beauty and quality.