FNG sustains development momentum as demand grows across its portfolio - Federal Land NRE Global

FNG sustains development momentum as demand grows across its portfolio

As Philippine real estate continues to evolve, developers are being challenged not just to build more, but to build better. For Federal Land NRE Global, Inc. (FNG), this means developments that respond to how people live, work, and move—today and in the years ahead.

Formed as a joint venture between Federal Land, Inc. of the Philippines and Japan’s Nomura Real Estate Development Co., Ltd., FNG was established with a distinct mandate: to apply a more disciplined, long-term approach to property development in a market often driven by speed and short-term returns. At its core is a philosophy that values thoughtful planning, integration, and responsibility as essential components of growth.

This philosophy has taken form through FNG’s inaugural developments, each expressing the company’s approach in different contexts.

Residential Developments Shaped by Planning and Livability

The Observatory supports a community-oriented lifestyle within a thoughtfully planned development. (Artist’s Perspective)

In Mandaluyong City, The Observatory introduces a mixed-use environment designed to respond to the realities of urban living. Strategically located near Makati, Ortigas, and Bonifacio Global City, which are Metro Manila’s major central business districts, the development reflects Japanese architectural principles of efficiency, elegance, and completeness, adapted to the Filipino urban experience.

Highly connected to Metro Manila’s major CBDs, The Observatory balances access and ease. (Artist’s Perspective)

Rather than prioritizing scale alone, The Observatory emphasizes livability, safety, and balance within a central location.

Further south, in General Trias, Cavite, Yume at Riverpark offers a complementary expression of FNG’s development philosophy.

At Yume at Riverpark, livability is shaped by simplicity, order, and thoughtful. (Artist’s Perspective)

Conceived as a horizontal residential community within a larger masterplanned estate, Yume at Riverpark emphasizes neighborhood living, shared spaces, and everyday functionality. Drawing from Japanese concepts of order, security, and human-scale planning, the development supports a calmer and more connected way of life for families and residents seeking long-term homes beyond Metro Manila.

Beyond residential projects, 2025 marked a significant milestone for FNG with the 100 percent sellout of the first phase of Riverpark North Commercial Lots. The achievement underscored strong market confidence not only in the project itself, but in Cavite’s growing role as an emerging center for commerce, logistics, education, and employment.

Yume at Riverpark is designed as a place where residents can live with ease, supported by well- planned spaces. (Artist’s Perspective)

The presence of major locators such as the UNIQLO Logistics Facility, SM City General Trias, the future Ateneo de Manila University campus, and soon-to-rise established retail destinations has reinforced Riverpark’s position as an integrated economic and lifestyle hub in the south.

 Sustaining Momentum into 2026

As it moves into 2026, FNG signals continued momentum across its portfolio.

The company is advancing key phases across its developments, with preparations underway for the next phase of The Observatory in Mandaluyong. In Cavite, FNG is expanding residential offerings within Riverpark Gateway, with a condominium development set to rise as part of the estate’s evolving residential mix. At the same time, the company is pursuing the continued rollout of commercial components within Riverpark, building on the success of the commercial lots.

 Delivering Long-Term Value

For FNG, these initiatives are interconnected steps within a broader, long-term vision.

Riverpark, a Federal Land Community, is being shaped as a complete estate—bringing together homes, workplaces, education, logistics, and retail to form an ecosystem designed to grow with its community. In parallel, The Observatory continues to strengthen its role as a thoughtfully planned mixed-use address within Mandaluyong.

With developments progressing across Metro Manila and Cavite, FNG continues to respond to market demand through carefully planned projects shaped by its Philippine–Japanese partnership.

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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.