An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!

TURNOVER OF UNITS IN 2010
90% SOLD OUT IN CONDOTEL UNITS
40% SOLD OUT IN RESIDENTIAL UNITS

70% DEVELOPED CONSTRUCTION NOW
UPDATED October 2009

THE GRAND CENIA PROJECT - is a 25-storey Condotel and Residential Tower that is rising now along ARCHBISHOP REYES, right across AYALA CENTER CEBU AND THE CEBU BUSINESS PARK in 4,211 sqm lot.

SOUND INVESTMENT
The best thing about investing in GRAND CENIA HOTEL AND RESIDENCES

Condominium is the rate at which the property appreciates. Since it is located near Cebu Business Park, a prime real estate area, annual property appreciation rates can range from 15% to 20% per year. Certainly, long-term value of the property around Cebu Business Park can only be expected to rise as more future developments continue.

THE DEVELOPER IS VERY STABLE AND WITH EXCELLENT TRACK RECORD 40 YEARS OF REAL ESTATE EXPERIENCE.

The ARCHITECTURE of the INTERIOR is mainly EUROPEAN IN THEME with clean lines that enject a minimalist sense to the  space.

PRODUCT OFFERING:
1) Residential Condominium Units
    a) 1 bedroom (49.98 sqm)
    -with living area, dining, kitchen, bedroom w/ own privately
     accessed, toilet & bath.

    b) 2 bedrooms (74.97 sqm)
     -master's bedroom w/ own toilet & bath, second bedroom,
      1 common toilet & bath, maid/utility room, living
      area, dining and kitchen.

   c) 3 bedrooms (107.35 sqm)
     -master's bedroom w/ own toilet & bath and walk-in
      closet, second bedroom & 3rd bedroom share 1 common
      toilet & bath,maid/utility room w/ toilet & bath,
      living area, dining and kitchen.

All t ypes of units are configured in a way that will give the living and receiving area and all the bedrooms full advantage of the view that their unit windows offer. Depending on the location of their unit on the floor layout, their views would range from a panoramic view of the Cebu Business Park, the surrounding mountains and the amenity area.

Features of Residential Condominium Units:
 - Finished painted plain cement plaster walls
 - Painted smooth rubbed concrete ceilings
 - High quality vinyl floor tiles with simulated
   wood design
 - Painted steel windows and frames
 - Standard bathroom fixtures
 - Solid wood panel doors for the main entrance
 - Flush wood doors for the bedrooms
 - Rigid PVC doors for the toilet and bath
 - Pre-fabricated kitchen counters and cabinets
 - Hot water provision, grease trap
 - provision for window type airconditioning units
 - Exhaust fans, exhaust ducts, intercom system,
 - independent telephone lines, fire protection and
 - Fire alarm system,
 - Free 1 parking slot

Commercial Spaces - Ground Floor with average area of 200 sqm. Its not for sale but for rent only. It is there also the East West Bank, various restaurants & etc.

Office Spaces- 2nd floor and 3rd floor with an average of 350 sqm,
for rent only

FEATURES
BASEMENT----Single basement level with house parking slots, sewage
treatment facilities and water tank.

OFFICE/ COMMERCIAL ROOMS---Ground floor, 2nd floor and the 3rd floor.

PODIUM PARKING----3 FLOORS (4RTH, 5TH & 6TH LEVEL)

CONDOTEL FLOORS----8TH TO 18TH FLOOR

7TH FLOOR----Amenity floor: Swimming pool, Kiddie pool, view deck, landscaped area and function rooms/ hotel coffee shops. This facilities will be for the use of both the hotel guests and the residential condominium unit owners.

There will also be Condotel units on the 7th floor, units with bigger saleable area as they are provided with open patios to better appreciate the pool deck and landscaped area.

7 ELEVATOR SETS AND 3 PRESSURIZED STAIRWELLS.

POWER GENERATION SYSTEM----100% back up power supply

COMPLETE WATER & ELECTRIC SUPPLY, TELEPHONE. TV/CABLE AND INTERNET CONNECTION. ALSO INTERCOMS CONNECTED TO RECEPTION AREA IN THE LOBBY

BUS PARKING FOR TOURIST AND GUEST
_______________________________________


19TH - 25TH RESIDENTIAL UNITS

17 UNITS EACH FLOOR

19TH Floor

UNIT 1 (2 BEDROOMS--76.14 SQM)
TOTAL LIST PRICE:--P8,087,195
RESERVATION FEE-----P50,000.00

A) Spot Cash w/ 8% Discount on 90% downpayment
    TOTAL CONTRACT PRICE includes miscellaneous &
    registration fees. However for total list
    price above 2.5M, TCP includes 12% EVAT
    Total Contract Price - ---P9,502,500
    90% downpayment --------P7,886,470
    10% Retention payable on availability of
    Title ----P881,830

B)Deferred cash 24 months to pay.
  Total Contract Price ----P9,502,500.00
  Monthly Installments ----P400,084.93

2) 20/80 SCHEME
 Total Contract Price -----P10,832,900
20% DP payable in 2 years Monthly-P88,191
80% to be paid prior to unit turnover--P8,666,320

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P211,883.69
7 YEARS -----17% interest------P182,815.77
10 YEARS ----19% interest------P167,488.78

3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P10,262,700
50% DP payable in 24 months Monthly----P211,722.92
50% Payable in full prior upon turnover of unit ---P5,131,350

Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P125,456.87
7 YEARS -----17% interest----P108,425.68
10 YEARS ----19% interest----P99,170.53

19th Floor

UNIT 2,(1BEDROOM 56.58 SQM)
TOTAL LIST PRICE:--P6,166,892
RESERVATION FEE-----P50,000.00

1) Spot Cash w/ 8% Discount on 90% downpayment.
    TOTAL CONTRACT PRICE includes miscellaneous &
    registration fees. However for total list
    price above 2.5M, TCP includes 12% EVAT
    Total Contract Price ----P7,246,100
    90% downpayment  ------P6,001,960
    10% Retention payable on availability of
    Title ----P672,440

2)Deferred cash 24 months to pay.
  Total Contract Price ----P7,246,100.00
  Monthly Installments ----P304,580.92

2) 20/80 SCHEME
 Total Contract Price------P8,260,600
 20%  DP payable in 2 years Monthly-P66,755
 80% to be paid prior to unit turnover--P6,608,480

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P161,571.36
7 YEARS -----17% interest------P139,405.69
10 YEARS ----19% interest------P127,718.14

3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P7,825,800
50% DP payable in 2 years Monthly-P160,954.17
50% Payable in full prior upon turnover of unit ---P3,912,900

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P99,416.73
7 YEARS -----17% interest----P86,292.37
10 YEARS ----19% interest----P79,372.14

19th floor

UNIT 3, (3 BEDROOMS 107.37 SQM)
TOTAL LIST PRICE:--P11,335,729
RESERVATION FEE-----P50,000.00

1) Spot Cash w/ 8% Discount on 90% downpayment.
    TOTAL CONTRACT PRICE includes miscellaneous &
    registration fees. However for total list
    price above 2.5M, TCP includes 12% EVAT
    Total Contract Price ----P13,319,500
    90%  downpayment P11,074,450
    10% Retention payable on availability of
    Title ----P1,236,050

2)Deferred cash 24 months to pay.
  Total Contract Price ----P13,319,500
  Monthly Installments ----P561,642.64

3) 20/80 SCHEME
 Total Contract Price-------P15,184,200
20% DP payable in 2 years Monthly-P124,452
80% to be paid prior to unit turnover--P12,147,360

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P296,991.97
7 YEARS -----17% interest------P256,248.21
10 YEARS ----19% interest------P234,764.76

3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-------P14,385,100
50% DP payable in 2 years Monthly-P297,606.25
50% Payable in full prior upon turnover of unit ---P7,192,550

Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P175,851.35
7 YEARS -----17% interest----P151,726.63
10 YEARS ----19% interest----P139,006.11

UNIT 4, (1 BEDROOM 53.01 SQM)
TOTAL LIST PRICE:--P5,861,465
RESERVATION FEE-----P50,000.00

1) Spot Cash w/ 8% Discount on 90% downpayment
    TOTAL CONTRACT PRICE includes miscellaneous &
    registration fees. However for total list
    price above 2.5M, TCP includes 12% EVAT
    Total Contract price -- ---P6,887,200
    90% downpayment  -------P5,702,170
    10% Retention payable on availability of
    Title ----P639,130

2)Deferred cash 24 months to pay.
  Total Contract Price ----P6,887,200
  Monthly Installments ----P289,390.18

3) 20/80 SCHEME
  Total Contract Price-------P7,851,400
  20% DP payable in 2 years Monthly-P63,345
  80% to be paid prior to unit turnover--P6,281,120

Cash or terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P153,567.71
7 YEARS -----17% interest------P132,500.04
10 YEARS ----19% interest------P121,391.45

3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P7,438,200
50% DP payable in 2 years Monthly-P152,879.17
50% Payable in full prior upon turnover of unit ---P3,719,100

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P94,492.77
7 YEARS -----17% interest----P82,018.44
10 YEARS ----19% interest----P75,440.96

UNIT 5, 6, 7, 16, 17 (1 BEDROOMS--50.52 SQM)
TOTAL LIST PRICE:--P5,614,893
RESERVATION FEE-----P50,000.00

1) Spot Cash w/ 8% Discount on 90% downpayment
    TOTAL CONTRACT PRICE includes miscellaneous &
    registration fees. However for total list
    price above 2.5M, TCP includes 12% EVAT
    Total Contract Price - ----P6,597,500
    90% downpayment  -------P5,460,250
    10% Retention payable on availability of
    Title ----P612,250

2)Deferred cash 24 months to pay.
  Total Contract Price ----P6,597,500
  Monthly Installments ----P277,128.39

2) 20/80 SCHEME
 Total Contract Price -------P7,521,200
20% DP payable in 2 years Monthly-P60,593.33
80% to be paid prior to unit turnover--P6,016,960

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P147,109.23
7 YEARS -----17% interest------P126,927.60
10 YEARS ----19% interest------P116,286.18

3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:------P7,125,300
50% DP payable in 2 years Monthly-P146,360.42
50% Payable in full prior upon turnover of unit ---P3,562,650

Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P90,517.78
7 YEARS -----17% interest----P78,568.20
10 YEARS ----19% interest----P72,267.41

UNIT 8   (2 BEDROOMS--78.27 SQM)
TOTAL LIST PRICE:--P8,362,837
RESERVATION FEE-----P50,000.00

1) Spot Cash w/ 8% Discount on 90% downpayment.
    TOTAL CONTRACT PRICE includes miscellaneous &
    registration fees. However for total list
    price above 2.5M, TCP includes 12% EVAT
    Total contract Price --- ----P9,826,300
    90% downpayment ---------P8,156,920
    10% Retention payable on availability of
    Title ----P911,880

2)Deferred cash 24 months to pay.
  Total Contract Price ----P9,826,300
  Monthly Installments ----P413,790.04

2) 20/80 SCHEME
 Total Contract Price-----P11,202,000
20% DP payable in 2 years Monthly-P91,266.67
80% to be paid prior to unit turnover--P8,961,600

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P219,103.02
7 YEARS -----17% interest------P189,044.69
10 YEARS ----19% interest------P173,195.48

3) 50-50 SCHEME---50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-------P10,612,400
50% DP payable in 2 years Monthly-P219,008.33
50% Payable in full prior upon turnover of unit ---P5,306,200

Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P129,731.79
7 YEARS -----17% interest----P111,934.13
10 YEARS ----19% interest----P102,549.75

19th Floor- Unit 1 - Unit 17
20th Floor- Unit 1 to 7,Unit 9 to 17
21th Fllor- Unit 1,2,4,6,7,9 to17
22th Floor- Unit 1, 2, 5-7, 9-17
23rd Floor- Unit 1,2,9-17
24th Floor- Unit 1, 9-17
25th Floor- All Sold Out

ONLINE PAYMENT:

ACCOUNT NAME: Filinvest Land Inc.
ACCOUNT #   : 60-01-00121-1
             EASTWEST BANK-ARCHBISHOP REYES
             CEBU PHILIPPINES
SWIFT CODE  : ewbcphmm