FNG: Filipino-Japanese synergy shaping modern living - Federal Land NRE Global

FNG: Filipino-Japanese synergy shaping modern living

With the guidance of Japanese partners, FNG exercises kaizen in its ways of working.

The Land of the Rising Sun may be faraway, but its legacy of discipline, craftsmanship, and efficiency takes shape on our shores in buildings that redefine the skyline and elevate lifestyle standards.

The Observatory Sales Pavilion, FNG’s standalone showroom along Pioneer St. in Mandaluyong, showcases the Japanese features embedded into development.

These structures, which bring that envied Japanese living within reach for Filipinos, are the work of Federal Land NRE Global Inc. (FNG). FNG is a historic coming together of property titans, Federal Land Inc. of the Philippines, and Nomura Real Estate Development Co. (NRE) of Japan.

Yume at Riverpark is a result of collaboration between Filipino and Japanese partners, bringing thoughtful features and amenities
to future residents. (Artist’s perspective)

Season for partnership

In 2018, Federal Land and Nomura Real Estate decided to build The Seasons Residences, an innovative address in Bonifacio Global City (BGC) that thoughtfully melded Japanese ways and Filipino values, and thematically featured the seasons in Japan. Under a partnership with Isetan Mitsukoshi Holdings, the project also saw the inauguration of the first Mitsukoshi mall in the Philippines. The well-received effort to bring a slice of Japan to the Philippines signaled for the companies a season for partnership. In 2022, they established FNG. FNG institutionalizes a friendship that seeks to showcase the very best of Japan and the Philippines. It aims to recreate and deepen a synergy that made The Seasons Residences an undeniable success.

Boundless possibilities

With the guidance of Japanese partners, FNG exercises kaizen
in its ways of working.

Guided by the principle of kaizen, a Japanese term meaning “change for the better” or “continuous improvement,” FNG’s projects are firmly tethered to the sturdy pillars of Japanese innovation and collaboration. Japanese innovation is harmoniously blended with Filipino care. At the FNG headquarters, a cohort of Japanese and Filipino experts takes on that challenge, answering the question: “What would Japanese living look like in a Filipino home?” It’s about rewarding residents with a sense of pride and peace. They look into how people move through spaces, how air circulates and light enters, how fixtures could be more refined and intuitive, how dwellers could maximize every square inch, and how structures could be durable and sustainable, among other things.

Yume at Riverpark, FNG’s Japan-inspired community in Cavite,
will feature a serene, well-designed Japanese garden. (Artist’s
perspective)

Landmark developments

The Observatory Sales Pavilion provides a peek into a complete, convenient, and comfortable lifestyle in the center of Metro Manila.

The Observatory, FNG’s landmark project in Mandaluyong City, is a modern haven with breathtaking views of Metro Manila, and strategic access to BGC and other economic hubs. It projects strength and elegance to onlookers. The interior spaces are a masterclass in functional design. The kitchen features a multifunctional and space-saving sink, as well as adjustable kitchen cabinets. The units also have a genkan (sunken entryway) and modular closets. The amenities at The Observatory promote harmony with nature and overall wellness. The indoor spaces include a gym and entertainment room. Outdoors, there’s a swimming pool and pet park.

FNG transposes those elements to the vertical setting with Yume at Riverpark in General Trias, Cavite. Outdoors, it has a swimming pool and fitness areas, as well as pocket parks and a Japanese garden. Indoor amenities include a clubhouse and a wellness spa with its own Jacuzzi and sauna.

 

Yume at Riverpark is a result of collaboration between Filipino and Japanese partners, bringing thoughtful features and amenities to future residents. (Artist’s perspective)

 

It’s an expansive development across 18-ha of prime land. Only 296 lots are on offer, ranging between 300 and 527 sq m. These ensure exclusivity and privacy.

Yume at Riverpark, FNG’s Japan-inspired community in Cavite, will feature a serene, well-designed Japanese garden. (Artist’s perspective)

Yume at Riverpark is designed to be a nurturing neighborhood within vibrant Riverpark, the Next Gen City of the South. The project seamlessly integrates urban conveniences and suburban tranquility.

Common values

Since 2022, FNG found it was not just one-way admiration for Japanese living that drove it but also, and more importantly, a convergence of values. The Filipino and Japanese cultures are deeply rooted in community, respect, and resilience. These will remain foundational to FNG as it grows its legacy — and continues to deepen the friendship between the Philippines and Japan.

The Land of the Rising Sun and the Pearl of the Orient share a history of walking together, as evidenced by life-changing infrastructure projects and vast trade agreements. FNG envisions itself as a vital stakeholder in that ongoing story while ushering in a lifestyle that is distinctly Filipino, unmistakably Japanese, and undeniably world-class.

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.