Designing places for modern, sustainable living - Federal Land NRE Global

Designing places for modern, sustainable living

The Observatory is a 4.5-ha mixed use development, rising in the center of Metro Manila. (Artist’s Perspective)

From city core to rising growth corridors, Federal Land NRE Global Inc. (FNG) is shaping places that set the pace for sustainable modern living.

And it does so by creating well-connected communities that can offer access, convenience, growth, potential and conducive settings that can support a well-rounded lifestyle. Its developments are set in areas where people can thrive now and grow further in the years ahead.

Two developments make this strategy easy to see. The Observatory in Mandaluyong City brings Japanese-inspired living right in the heart of Metro Manila. Yume at Riverpark in General Trias, Cavite meanwhile anchors a fast-emerging district that is shaping the future of the south.

Yume at Riverpark will have pocket parks across the neighborhood, catering to various lifestyles – Artist’s Perspective

A central address

Mandaluyong City holds a unique position in Metro Manila.

It sits between the Makati central business district (CBD), Bonifacio Global City and Ortigas Center, giving it unmatched reach to workplaces, malls, lifestyle hubs and transport links.

Living here means shorter travel times as well as improved access to essentials, leisure and more. For many of today’s urban professionals, this kind of convenience has already become a necessity.

The Observatory, which rises along Pioneer Street, makes the most of this advantage.

The combination of unrivaled location and thoughtful execution positions The Observatory as a strong choice. (Artist’s Perspective)

It is being developed by FNG, the joint venture between Federal Land and Japan’s property giant, Nomura Real Estate Development Corp., ensuring that residents and businesses will benefit from smart community planning and a calm, premium environment.

Envisioned to be a modern city retreat that is complete, convenient and comfortable, this 4.5-hectare mixed-use complex will feature residential towers offering studios, one- to three-bedroom cuts, and expansive penthouse units; an office building; retail spaces; as well as expansive open spaces and scenic views of the city or the Pasig River, giving a sense of openness that is rare in most city centers. All these components will reflect Japanese influences in terms of designs, architecture and culture.

Yume at Riverpark will have an array of amenities that offers Japan-inspired living experiences. (Artist’s Perspective)

Essentially, this combination of unrivaled location and thoughtful execution positions The Observatory as a strong choice.

After all, residents will be accorded an urban lifestyle enhanced by proximity, comfort and speed.

Investors will meanwhile benefit from an address that can hold its value over the long term, as The Observatory’s location alone ensures a steady demand for rental residences from professionals and expatriates who prefer central locations.

The 600-ha Riverpark estate by Federal Land will have a CBD, commercial centers, leisure hubs and residential developments, thus promising economic vitality, conveniences and opportunity. (Artist’s Perspective)

A prime address taking shape

Beyond the metro, another opportunity is rising in General Trias, Cavite.

Here, the 600-ha Riverpark estate by Federal Land rises as an integrated district in a progressive province. It will have a CBD, commercial centers, leisure hubs and residential developments, thus promising economic vitality, conveniences and opportunity. There will be sprawling spaces and greenways too, spanning some 70 ha, including a 16-ha Central Park and a 1.8-km bike trail.

This early, many are already seeing the promise of Riverpark coming to life. The estate will soon be home to the UNIQLO Logistics Facility; SM City General Trias; and the Ateneo de Manila University campus in Cavite, set to open by 2030.

For those who want to call Riverpark home, FNG presents Yume at Riverpark as an ideal choice.

It is poised to offer a slice of the famed Japanese lifestyle sought by many today, ensuring balance and intentional living. Homebuyers can choose from 296 prime lots, all thoughtfully positioned across this 18-ha neighborhood to ensure ample space and privacy.

Awaiting these future residents are social spaces and community amenities tailored to their needs. The Clubhouse, designed by Japan’s UDS and Filipino architect Ed Calma, serves as the heart of Yume at Riverpark. There will also be a wellness spa with a sauna and jacuzzi; multipurpose court; fitness and play areas; and Japanese gardens.

The Observatory Sales Pavilion along Pioneer St. in Mandaluyong

Two strong opportunities

The Observatory and Yume at Riverpark may sit in different locations, but their strengths are complementary.

One meets the needs of those who want the speed and access of the metro, while the other answers the growing demand for larger spaces, calmer environments and long-term opportunity in emerging growth districts.

This dual approach reflects FNG’s read of the market, and its portfolio caters to priorities and investment goals, making choosing a property clear and attainable.

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Frequently Asked Questions

Find answers to your queries from the categories below.

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.