Riverpark township takes flight: Ty family gives Ateneo 15-hectare Cavite site for new campus - Federal Land NRE Global

Riverpark township takes flight: Ty family gives Ateneo 15-hectare Cavite site for new campus

GT Capital Donates 15-hectare Land for New Ateneo de Manila Campus in Cavite – (from left to right) GT Capital President Mr. Carmelo Maria Luza Bautista, GT Capital Chairman Mr. Francisco C. Sebastian, GT Capital Vice Chairman Mr. Alfred V. Ty, Ateneo de Manila University President Fr. Roberto Yap, S.J., and Ateneo de Manila University Board of Trustees Chairperson Ms. Bernadine T. Siy

GT Capital Holdings of the Ty family is giving Ateneo de Manila University a 15-hectare property in General Trias, Cavite, paving the way for the Jesuit-run school’s new campus south of Metro Manila.

The donated land is located inside Riverpark, the township being developed by GT Capital’s property arm Federal Land Inc. and Federal Land NRE Global Inc.

GT Capital and Ateneo signed the deed of donation on May 11 at the GT Tower International Penthouse in Makati. The donation follows a memorandum of agreement signed by the two sides in October 2025.

The new Ateneo campus is expected to bring its education programs closer to students in Cavite, southern Metro Manila and nearby provinces.

Riverpark is also being positioned as a growth hub in General Trias, with developments such as the UNIQLO Logistics Facility, the upcoming SM City General Trias and commercial lots at Riverpark North.

The township is expected to benefit from improved access through two Cavite-Laguna Expressway interchanges: Open Canal, targeted for completion in 2026, and Riverpark-General Trias, targeted for completion in 2027.

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Frequently Asked Questions

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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.