Urban Living with Japanese & Filipino Design Innovation

Federal Land and Nomura Real Estate: Elevating urban living with Japanese ingenuity & Filipino design innovations

Federal Land Photo
The Observatory, situated in Mandaluyong City and across the river from BGC, presents a modern retreat in a strategically advantageous locale. (Artist’s Perspective)

Due to changing market preferences and the increasing demand for modern and convenient living spaces among Filipinos, partnerships between developers and real estate innovators have become more prevalent in meeting the evolving needs of the market.

FNG, the joint venture between Federal Land, Inc. and Nomura Real Estate Development Co., Ltd., combines the expertise of two real estate giants to reshape the urban landscape of the Philippines with modern, sustainable, and community-focused developments.

Federal Land, Inc., with over five decades of experience in the Philippine real estate market, has significantly contributed to reshaping cityscapes through its pioneering residential, commercial, and integrated community projects. As a subsidiary of GT Capital Holdings, its influence spans multiple sectors, further strengthening its ability to drive large-scale urban transformation.

On the other hand, Nomura Real Estate Development Co., Ltd., one of the biggest real estate developers in Japan, brings Japanese innovation to the table with its residential, commercial, and industrial developments. Committed to sustainability and quality, Nomura Real Estate Development Co., Ltd.’s influence ensures that every project under FNG is designed with a long-term vision, blending aesthetics with functionality to meet the growing needs of urban living.

FNG incorporates Japanese design principles into its projects, emphasizing the seamless integration of nature and prioritization of client needs. The company also integrates cutting-edge design, architecture, and features, ensuring residents enjoy a seamless and comfortable lifestyle. Most importantly, FNG actively seeks partnerships with local and global brands to enhance the lives of its future communities.

FEDERAL LAND, INC.: A MODEL FOR INTEGRATED URBAN DEVELOPMENT

Architectural trends and community living standards influence the real estate sector as property developments focus on integrated, mixed-use urban planning, aiming to foster vibrant, self-sustaining communities.

Riverpark, envisioned as the “Next Gen City of the South,” is a self-sufficient community integrating residential, commercial, and recreational spaces. This 600-hectare development aims to enhance residents’ quality of life while supporting the broader urbanization goals of General Trias, Cavite.

Seventy hectares of the development are dedicated to parks and green spaces, including a 16-hectare Central Park, which serves as a green highway connecting the northern and southern ends of the township. This expansive parkland features trekking and jogging paths, Japanese gardens, and a bamboo forest inspired by Kyoto’s Arashiyama Bamboo Grove. These are coupled by a 1.8-kilometer bike trail, called Riverpark Trails. Riverpark also features a 4-hectare mixed-use space with commercial lots ranging from 1,000 to 2,400 square meters; as well as Yume at Riverpark, the first horizontal residential project within the township, which exemplifies the innovative approach to urban living that Riverpark promises.

In addition, Federal Land, Inc., in partnership with SM Prime Holdings, recently held its groundbreaking ceremony for the construction of SM City General Trias, their 8th mall in Cavite that will serve as a retail anchor for the community. A new logistics facility by UNIQLO is also under development to support the growing needs of businesses in the area.

YUME AT RIVERPARK: BRINGING PREMIER JAPANESE-INSPIRED COMMUNITY TO CAVITE

Yume at Riverpark, located in General Trias, Cavite, is a Japanese-inspired neighborhood nestled within Riverpark North. (Artist’s Perspective)
Yume at Riverpark, located in General Trias, Cavite, is a Japanese-inspired neighborhood nestled within Riverpark North. (Artist’s Perspective)

Inside Riverpark, FNG brings Japanese-inspired living to a new residential neighborhood with Yume at Riverpark.

Aiming to capture the spirit of imagination and aspiration as reflected in its name that mean “Dream” and “Vision” in Japanese, the 18-hectare Yume at Riverpark offers a serene yet dynamic environment that integrates the best of modern design with traditional Japanese elements.

Yume at Riverpark offers 296 lots in a variety of lot sizes ranging from 300 to 527 square meters, providing families with the flexibility to create the home that suits their dreams and lifestyles.

These living spaces come in a diverse range of residential options, spanning expansive lots and vertical developments, ensuring everyone finds their ideal home within Riverpark’s thriving community. The expansive grounds and well-thought-out clustering of homes are also made to ensure privacy, security, and a sense of community for all residents.

This development also features amenities such as a grand clubhouse, wellness spa, swimming pool, multipurpose court, and beautifully landscaped Japanese gardens. Pocket parks, jogging paths, and fitness stations are available to the community, encouraging a vibrant and active lifestyle amid lush green spaces.

Yume at Riverpark is scheduled for completion by May 2026.

REFINING CITY LIVING WITH THE OBSERVATORY

FNG also aims to redefine the essence of city living in Metro Manila with its transformative mixed-use development, The Observatory.

Outdoor amenities and open area at The Observatory. (Artist’s Perspective)

Strategically situated in Mandaluyong City, The Observatory offers a modern urban retreat that combines the dynamic culture of the metropolis with unparalleled comfort and convenience. It is located at the crossroads of three major central business districts—Makati, Bonifacio Global City (BGC), and Ortigas Center—and boasts seamless connectivity to the greater metro via EDSA and the BGC-Ortigas Link Bridge.

The development is also set to offer a neighborhood of residential towers, extensive retail facilities, and office spaces, all interconnected through walkable and open areas, ensuring that residents have easy access to essential establishments, premier shopping centers, top-tier schools, and world-class healthcare facilities.

Named after the Japanese word for “sky,” Sora Tower will be the first residential building in the planned township, which aims to provide a luxurious yet practical urban living experience. The residential tower will feature 650 units, ranging from studio apartments to expansive penthouses, with sizes varying from 28 to 205 square meters.

Each of these living spaces are meticulously crafted with Japanese efficiency and functionality in mind, featuring user-friendly fixtures, modular storage solutions, and advanced security systems, ensuring comfort and peace of mind for every homeowner.

Sora Tower emphasizes efficient use of space, with features like the Genkan, a traditional Japanese entryway designed to keep outdoor items organized. Modular storage solutions and adjustable kitchen shelves further enhance space utilization, reflecting a commitment to functionality and adaptability.

Security and convenience are also key aspects of the design. With features such as key card access, multiple elevators, and direct retail access, the tower ensures a safe and convenient living environment. This focus on integrated design and convenience is increasingly common in urban developments, aimed at improving residents’ quality of life.

Amenities in Sora Tower include a garden lobby, a children’s playroom, a co-working center, and a fitness gym. Outdoor facilities such as a swimming pool, pet park, and garden enhance the living experience, creating spaces for both relaxation and recreation.

The Observatory takes inspiration from the vibrant cities of Japan, offering amenities that cater to a dynamic urban lifestyle. From the co-working spaces and fitness gym to outdoor lounges and swimming pools, residents will find spaces that resonate with the energy and vibrancy of iconic Japanese districts like Shibuya. Each element is designed to support a balanced and fulfilling lifestyle.

BUILDING TOWARDS ECONOMIC DEVELOPMENT

The influence of real estate on urban development extends beyond building construction. Projects like those spearheaded by FNG stimulate local economies, create jobs, and improve infrastructure.

The development of Riverpark in Cavite, for example, aligns with the industrial growth in the South Luzon region, bolstered by improvements in transportation infrastructure such as SLEX, CAVITEX, and CALAX. These enhancements make the area more accessible and will further drive economic activity. Ongoing construction of residential, commercial, and industrial facilities within the township is creating thousands of jobs, contributing to the local economy’s vitality.

The UNIQLO logistics facility, in particular, highlights the importance of real estate in supporting industrial operations. FNG, in partnership with Fast Retailing Philippines, designed the hub as a human-centric and environmentally sustainable facility that integrates advanced technologies and green practices to optimize logistics operations.

Riverpark’s strategic location near key infrastructure projects and the Cavite Economic Zone enhances its appeal as a prime investment destination.

FNG’s overall developments include a mix of horizontal and vertical residential projects, commercial lots, offices, and institutional facilities. The company’s mixed-use township approach is not only shaping the physical landscape but is also creating self-sustaining communities that foster economic growth and social interaction.

General Question
Can a foreigner purchase a condominium unit in the Philippines?

Yes, foreigners are allowed to own condominium units in the Philippines, as stated in Section 5 of Republic Act No. 4726, otherwise known as the Condominium Act.

Yes, on the condition that the parent or legal guardian signs the contract on behalf of the minor. Please contact us for more details.

Yes, you can upgrade your purchase. The Developer will first check if the preferred unit is still available. If it is still available, the Buyer will be required to submit a written request. Once the request is approved, a new contract will be drawn up for the upgraded unit.

Yes. The process to downgrade is similar to that of upgrading a unit purchase. However, all expenses incurred by the Developer (commission, incentives, penalties, downgrading fee, etc.) shall be deducted from the Buyer’s original contract price, in favor of the Developer.

What are the available payment terms?

There are several payment terms available – Cash Term, Bank Financing Term, Deferred Cash/Installment Term, and No Down Payment Term. Please contact us for more details as the availability of these payment terms also vary per project.

Yes, you may change or restructure your selected term, but this will also be subject to Management’s approval and we will be charging a minimal processing fee.

Yes, we accept payment in US dollars. The exchange rate shall be based on the date the payment is credited to the Developer’s account.

On or before the due date of the first (1st) monthly amortization, the Buyer is required to submit Postdated Checks for the remaining monthly amortizations (that is, until the end of the payment term).

The developer adheres to provisions as stipulated in Republic Act No. 6552 or the “Realty Installment Buyer Protection Act,” also known as the Maceda Law. This law states that when the Buyer has paid at least two (2) years of installments, the seller/developer shall refund 50% of the total payments made if there is a cancellation on the purchase. For payments less than two years, the provisions as stipulated in the Contract to Sell will prevail.

What do I need to do to officially reserve a Condominium Unit?

Requirements to officially reserve a unit or lot are as follows:

1. Full payment of the Reservation Fee

2. Photocopy of one (1) valid government-issued IDs of Principal Buyer/s and Spouse/s (if applicable). Valid government-issued IDs with photos and signatures:

  • Passport
  • Driver’s License
  • GSIS ID
  • SSS ID
  • Professional Regulatory Commission ID
  • Tax Identification Number ID card
  • Senior Citizen ID
  • Postal ID
  • Photocopy of TIN ID card or BIR validated 1904 form

3. Fully accomplished and signed Reservation Application

4. Fully accomplished Buyer’s Information Sheet. For purchase under a Corporation, the following additional documents are required:

  • Articles of Incorporation and By-Laws (photocopy)
  • Secretary’s Certificate indicating the name of authorized signatory (notarized)
  • BIR-validated 1903 or copy of Certificate of Registration
  • For the authorized signatory to submit items 2 and 3 above

The reservation is valid for thirty (30) calendar days from the settlement of reservation fee. Kindly submit all the required documents to finalize the unit booking.

No, the reservation fee is non-refundable and non-transferrable. As stated in the Reservation Application, the reservation fee will be forfeited in favor of the Developer if no succeeding payments are received.

Will I be allowed to inspect the Unit before the actual turnover?

Yes, the Hand Over Team will coordinate with the Buyer on the schedule of unit inspection.

Yes, the Buyer may assign a representative to accept the unit on his behalf thru a notarized Special Power of Attorney (SPA). The SPA is also required to bring a valid ID plus photocopy.

Yes, you may have your unit leased out.

Monthly Association Dues vary per project, depending on the operating expenses of the building. Association Dues are used to defray the cost of maintaining and operating the building’s common areas and facilities. These costs include administration/management fees, janitorial, security, taxes and licenses, insurances, real estate tax, maintenance of equipment water distribution, garbage collection, maintenance of sewage treatment plant, and other miscellaneous expenses.

The unit turnover will be scheduled when all the following conditions are met:

  • Full payment of the contract price (including penalties and interests, if applicable)
  • Complete submission of all the required sales documents (listed above)
  • Payment of related Advance Registration Charges (ARC).

No, this is not allowed. Buyers are encouraged to either avail of bank financing (with accredited banks) or in-house financing to pay the unit in its entirety.