March 31st 2007

Self contained Studio and Two Bedroom Apartments now available for lease at the Lancaster Cebu Resort Residences located in Mactan, Cebu. Philippines

Beth Collingz, PLC International Marketing Director for the Lancaster Brand of Condotels in the Philippines said “Lancaster Cebu Condotel Apartments are located only 3 mins from Cebu International Airport in Mactan, Philippines and are now offering Studio and 2-Bedroom Fully Furnished “Ready for Occupancy” Suites on daily, weekly, monthly or yearly rental terms. Interested clients may also opt to purchase the Condotel Suites.

Cebu. Cebu City is the acknowledged gateway and Queen City of the South. Cebu is the most important trading and commercial hub outside of Metro Manila. Mactan Cebu International Airport assures the arrival of a steady stream of direct international flights from Amsterdam, Frankfurt, Singapore, Hong Kong, Tokyo, Kota Kinabalu, Seoul and Qatar. There are also chartered flights from Incheon, Taipei, Kansai, Nagoya and Kiaoshung that arrive on a weekly basis. Cebu City was recently identified by Asiaweek and Conde Nast Traveller as one of Asia’s Best Cities.

Managed and operated by Lancaster Hotels, Land & Properties Inc., a subsidiary of Pacific Concord Properties Inc., the Lancaster Cebu Resort Residences offers affordable self contained Studio Suites that start from only USD 35.00/night whilst larger Two Bedroom Apartments can be rented from only USD65.00/day excluding Government Tax currently 12%. Long and Medium Term Rentals are also accepted from 6 to 12 months.

For more information check out the new Condotel Rentals website on http://www.condotel-rentals.com or call Lancaster Condotels in Cebu on 63 32 340 0721

March 28th 2007

Lancaster The Atrium Tower A Condotel Suites are now available on a 12 year Payment Plan

Reservation Fee: Pesos 25,000 or USD 500 per unit for residential units and parking slots and Pesos: 50,000 or USD 1,000 per 50 sqm or a fraction thereof for commercial and office units.

No Down payment required

35% payable in 48 equal monthly installments without interest.

15% payable in 4 equal annual installments without interest, payable on the 12th, 24th, 36th and 48th month in addition to the regular monthly installments.

50% payable in 96 equal monthly installments (from 49th to 144th month) with interest at 18% per annum.

Lock-in Period: Eight (8) years.

Other Conditions: All installments shall be covered by post dated checks. Upon signing of the contract to sell the buyer shall issue at least twenty six (26) post dated checks covering the first 24 monthly installments and the 2 annual lump sums.

Buyers who cannot issue acceptable post dated checks cannot avail of this payment term.

The above payment term has a lock-in period of eight (8) years. This means that during the first 8 years, buyers cannot change the payment plan. Partial payments, prepayments, and any change in the terms and conditions of the payment plan are not allowed.

Moreover, submission of the post dated checks is an integral requirement of this payment plan. As such, buyers who cannot issue post dated checks or those who wish to pay through telegraphic transfers cannot avail of this payment plan.

Further information may be obtained from:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites Manila
EMail: plcsales@pldtdsl.net

The Lancaster Suites

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