South Pearl Properties, Inc.

Developer

Buensuceso Development and Realty Corporation (BDRC) has been in operation since 1987. BDRC

has developed several housing projects in the Metro Manila area, Cavite and Laguna. BDRC projects mainly targets the middle –upper class

market of the Greater Manila Area. After 10 years in the industry, BDRC realized a growing potential

in the booming provincial areas. Thus, the creation of South Pearl Properties Inc. (SPPI).

Projects of BDRC

Buensuceso Homes 1Bgy. Don Bosco, Paranaque

Buensuceso Homes IIBgy. Moonwalk, Paranaque

Buensuceso Homes IIIBgy. Marcelo, Paranaque

Buensuceso Homes IVBgy. Biwas, Tanza, Cavite

Royal Springs Makiling

Calamba, Laguna

South Pearl Properties, Inc. was duly registered with the Securities and Exchange Commission

on March 17, 1998 for a corporate term of fifty(50) years. It’s primary purpose is to

purchase, exchange or acquire real estate and property and to manage and operate

subdivisions and housing projects or otherwise engage in the trading of real estate property.

Upon research and market study, SPPI identified region III, specifically Tarlac province for these main factors: (1) for having a major

backlog in housing units (2) for having the third most number of OFW deployments by region.

Making way for the first project of SPPI—Villa de Concepcion.

Corporate Objectives

I. Corporate Objectives

Customer loyalty. We offer quality homes and lasting value for our homeowners. Profit. We achieve sufficient profit to finance growth, create value for our shareholders and achieve our corporate objectives.

Growth. We recognize and seize opportunities for growth that builds upon our strengths and competencies.

Commitment to employees. We demonstrate our commitment to employees by promoting and rewarding based on performance and by creating a work environment that reflects our values.

BDRC Employees

Throughout the years

commitment to employees is a corporate

objective

SPPI employees

Throughout the years

commitment to employees

is a corporate objective

II. Corporate Plans – 2008 to 2010

A. Sales and Marketing – Production Sales of P180 million a year

Booked Sales of P45 million in the first program year

a. Plans and programs to sell the lots and lots and houses

Selling Prices – Starting price of P2,500 per square meter

Product Packages - Deferred downpayment and long-term financing

Product Mix – Lots and Houses and Lots.

Target sales of 60 units of single detached bungalow and two-storey

houses

Target Markets

a Local

TarlacPampanga Pangasinan

b. OFWs

Hong Kong/Singapore/JapanEuropeUnited States

b. Marketing plan on:

Mass Media

Print, TV and Radio

Advertising

Promotions

Brochures

Other Marketing Materials

Expansion of sales force

Creation of sales agencies

Period Amount of Net Production Sales per Month

Amount of Booked Sales per Month

September to December

2008

P4,000,000.00 P1,000,000.00

January to April 2009

P5,000,000.00 P1,250,000.00

May to August 2009

P6,000,000.00 P1,500,000.00

September to December

2009

P7,000,000.00 P4,000,000.00

C. On Sales Quota

B. Engineering

a. Planned development of the remaining 36 hectares over 1.5 years is P190,000,000

b. Construction of 300 housing units in the next two years

c. New technology introduction for reduction of cost construction

Location

The project is located in the Province of Tarlac, the center of Central Plains of Luzon and more popularly known as the Melting Pot of Luzon, with a land area of 305,345 hectares. Tarlac

City is the capital of the province which is about 125 kilometers north of Manila. The

province is very accessible and linked to Metro Manila by the North Luzon Expressway, by the

Subic-Clark-Tarlac Expressway to the Clark Economic Zone and Subic Bay Economic Zone. Tarlac is the gateway between the

National Capital Region and the rest of the Northern Provinces such as La Union,

Pangasinan, Ilocos provinces.

Tarlac is composed of 17 towns and 1 component city with a total population of

1,068,783 based on 2000 census. Tarlac City has the biggest population at 262,481 followed

by the Municipality of Concepcion with population of 115,171.

Villa De Concepcion is situated in Barangay Sta. Rosa which is adjacent to Tarlac City.

About 3 kilometers from Villa De Concepcion going north is the Hacienda Luisita Mall, now

Robinson’s Luisita Mall, the largest commercial development in the province.

Project

WELCOME TO VILLA DE CONCEPCION

Villa De Concepcion is a 56 hectare subdivision development located in Barangay Sta. Rosa, Municipality of Concepcion, Province of Tarlac. It is the largest subdivision development in the province of Tarlac. The project can be reached either through the National Highway (MacArthur Highway) or through the provincial road. The project is divided into three distinct phases. Phase 1 is the back portion with lots having an average size of 120 square

meters, the middle portion or Phase 2 with an average lot size of 150 square meters and Phase 3 which is fronting the

National Highway having an average area of 200 sq. m.Several open spaces have been allocated to the different

phases of the subdivision. Phase 3 would have the biggest open space with a planned multi-purpose/amphitheater hall,

swimming pool and basketball courts.

Aerial Shots

Packages

Lot Packages

Villa De Concepcion offers you the flexibility of choosing how to live in style in Villa De Concepcion, may it be lots only or house and lot packages.

Having the option of purchasing lots only, you will be able to build your own dream house with a Spanish Mediterranean theme. Designs by your architect can really make you feel one with the community but at the same time can make your home standout.

One will not be constricted to a 120 sqm lot, he has the luxury of having 2 or more to lots. This will give you the feeling of a big space.

Isn’t it nice to have the liberty of designing your dream home at the size of the lot that you want. It is all up to you. The possibilities are endless.

Model Lot Area Floor Area

Minimum

Package Price

Elena(bungalow) 120 sqm 33 sqm P961,000.00

Margarita

(2 storey) 120 sqm 64 sqm P1,524,00.00

*PRICES SUBJECT TO CHANGE WITHOUT PRIOR NOTICE

House and Lot Package Prices

ELENA MODEL

Living, Dining and Kitchen Area

THE INTERIORS OF ELENA MODEL

Dining and Kitchen Area

Master’s Bedroom

Bedroom 2

Bathroom

Margarita Model

Amenities & Facilities

As mentioned earlier, Villa De Concepcion is not only a subdivision but a community where people can get to get together and foster relationships. Holding activities, sports or otherwise, for the community requires amenities and facilities. Villa De Concepcion recognizes these needs. It is therefore in their plans to build the following.

-basketball court

-multi purpose hall

-swimming pool

-commercial area at the main entrance gate

Villa De Concepcion envisions a total self sustaining community. One no longer needs to go out for anything as everything is within the community.

Future Developments

South Pearl Properties, Inc. has grand plans for Villa De Concepcion. It

envisions a self sustaining community where in all their needs and wants are

provided for.

Villa De Concepcion is a master planned subdivision where certain

areas are designed for a specific need.

As a community of young families, the need for an educational institution with high academic standards and modern facilities, shall be provided for. A school shall rise

at the back portion of Villa De Concepcion.

*These are graphic interpretations of the developer and may differ in actual rendition.

Spiritual nourishment is another aspect of our lives that needs to be addressed, thus a chapel for

prayers will also be built.

*These are graphic interpretations of the developer and may differ in actual rendition.

Open spaces shall be developed to foster unity amongst the residents. This is where they can

get together and create friendships.

Sports facilities will be built to ensure that the youth of the community will be swayed away

from vices. It will also improve the physical well being of the community.

At the main entrance gate, a commercial strip mall shall be constructed.

*These are graphic interpretations of the developer and may differ in actual rendition.

For interested parties, tripping to the site can be scheduled to give you a tour of the

developed areas including phases 1,2 and 3, access roads and our Elena model unit.