Federal Land to sustain growth momentum - Federal Land NRE Global

Federal Land to sustain growth momentum

William Thomas Mirasol

MANILA, Philippines — Federal Land Inc., the property arm of Ty-led diversified conglomerate GT Capital Holdings Inc., is upbeat on its prospects for 2026 as the company looks to sustain its growth momentum with more project launches lined up this year.

“We’re generally optimistic. We believe 2026 will be better than 2025,” Federal Land vice chairman president William Thomas Mirasol said.

“Early indications are coming from the last quarter of 2025, which is quite good for us. So far, January numbers are also very encouraging so we’re kind of hoping that those conditions continue,” he said.

Mirasol said Federal Land is preparing “a number of launches” this year.

He declined to disclose exactly how many, but said that there will be more launches this year.

“For us, it’s all about consumer confidence. If consumers feel that the outlook for the economy and for themselves personally is going to be more predictable, then they will be ready to make bigger investments. So we’re counting on that,” Mirasol said.

Federal Land posted a six percent year-on-year increase in reservation sales to P12.6 billion during the first nine months of 2025 on the back of sustained sales momentum from its ready-for-occupancy developments in the Bay Area in Pasay and Bonifacio Global City in Taguig, as well as the strong demand for the projects of Federal Land NRE Global Inc. (FNG).

Last year, Federal Land marked a major milestone for The Grand Midori Ortigas, its first development in Pasig, with the inauguration of its first tower.

Meanwhile, The Seasons Residences, developed in partnership with Isetan Mitsukoshi and Nomura Real Estate, started the turnover of units for its second tower, Natsu.

Mitsukoshi BGC, the country’s biggest Japanese mall located at the podium of The Seasons Residences, celebrated its second year anniversary in July and was recognized as Best Retail Development at the Dot Property Philippines Awards 2025.

The Estate Makati, a joint venture with SMDC, also continues to progress on its construction as it gearing up for completion by early 2027.

FNG, the joint venture between Federal Land and Nomura Real Estate Development Co. Ltd. of Japan, for its part, registered a 26 percent year-on-year growth in sales in the first three quarters of 2025.

The Observatory, its flagship vertical development along Pioneer Street in Mandaluyong, continues to sell briskly, making it the company’s fastest-selling project in 2025.

Last year, FNG also reported that it has fully sold out commercial lots at the Riverpark North in General Trias, Cavite. The parcels ranging from 1,000 to 2,600 square meters will be developed into office, retail and other mixed-use facilities.

With Riverpark gearing up to become a major destination, FNG is expected to be a key player in solidifying Cavite’s position as a rising investment destination.

By 2026, Riverpark will gain direct access to the CALAX Open Canal Interchange, further enhancing connectivity and accessibility.

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.