Concept
The Clearwater SOHO project is designed to offer businessmen operating in Angeles and cities near Clark Freeport an opportunity to establish a “home base” inside the Freeport while continuing to develop and operate businesses on- and off- base. One can say that this offers the best of both worlds, namely the fast-lane “third-world”
The Clearwater SOHO project consists of approximately 5000sm property carved out of a premier mix-used property known as “Lot D” held by YATS. Within this compound, are thirteen (13) properties. Eight of those are 350-360sm house-and-lot properties and the two “end” lots are leased out as developed lots. This is certainly an exclusive upscale address with a total of just 12 house-and-lots.
The SOHO (Small Office Home Office) concept is applied to the development. Each of the 350sm property comprises of a 150sm single-storey home with an attached 72sm office to one side and a 96sm garden to the other. Each lot has a drive-in covered garage which ends with a 12m servant’s quarters.
Clearwater Country Club literally just across the road provides the lifestyle component of the equation. Included in each lot is a “D” class (only for those with a residential address in Pampanga) membership of Clearwater Country Club. This entitles the tenant and family to enjoy the facilities of the country club.
SOHO is designed to support a quality life-style with minimal upkeep burden. The “village” is small, private and very secure. Despite the convenience of its central location and proximity to a wide range of facilities and services, SOHO remains a very quiet neighborhood.
LOCATION
Clearwater SOHO village is situated inside the premier mix-used property known as Lot D of YATS International group of companies. Lot D is a 3ha property on Centennial Road, about 500m from the Centennial Expo, in the central business district of Clark Freeport.
Adjacent to Lot D on the same side of the road is Clark Interior shopping mail and on the far-side boundary is the property of Texas Instruments. Across the (Centennial)
Within walking distance of say 150m are Shopping malls such as Parksons and Liberty Interiors and a few fast-food restaurants. It is 10 minutes away from Mimosa Golf, DMIA Clark International Airport and entrance to Clark-Subic Highway.
Site Plan
CLEARWATER SOHO is located on a corner lot within Lot D with an individual drive-in entrance from Centennial road. The remaining land of Lot D remains vacant at the time of this document. The natural terrain of Lot D is flat. No signs of flooding have been discovered in the past 7 years.
Project Site Plan
Clearwater SOHO comprises of a total of 12 house-and-lot plus one 150sm land-only-lot properties. Each lot is roughly 350sm. A 7m road provides 2-way-traffic access to every lot. A guard-house secures the gate leading into the property. Lots are numbered clockwise from left, with lot #1 being the first lot on the left after the entrance, not counting the 150sm vacant lot. Entrance is from Centennial Road.
SOHO Individual House and Lot Plan
A SOHO property includes a 150sm 1-storey 3br villa, a drive-in covered parking space, a separate 70sm office and a servant’s quarter. The 350sm property lot also includes a 100sm garden.
Price
The twelve house-and-lot are numbered clockwise from the left (lot 1 being the first lot on the left entering the SOHO project and Lot 12 is the first one on the right). Entrance corner lot of 150m is numbered as Lot A. There are slight variations in actual size of each lot and that resulted in slight variations in their respective prices even though the dimensions of the vertical structures are the same. Their prices are in US$ but payments can be accepted in Pesos based on prevailing bank exchange rates:
Lot 1 372.00sm&
Lot 2 360.00sm&
Lot 3 360.00sm&
Lot 4 360.00sm&
Lot 5 360.00sm&
Lot 6 430.60sm&
Lot 7 383.54sm&
Lot 8 357.37sm&
Lot 9 350.90sm&
Lot 10 356.45sm&
Lot 11 373.62sm&
Lot 12 349.13sm&
(LOT A is the entrance lot which doesn’t include vertical improvements)
Lot A 150.00sm&
Terms:
Tenancy of up to year 2051
3-bedroom 1-storey house
72sm attached office
“D” membership share of Clearwater Country Club
Garden
Covered parking
Servant’s quarters.
Payment Terms
10% upon signing of agreement
30% completion of site development
10% turnover of property lot
15% mobilization of vertical construction
15% completion of first milestone of vertical construction
20% turnover of buildings
If project is already semi or totally completed, payment terms would be total of all the completion milestones upon signing. For example site development is already completed then payment terms would be 30% upon signing of agreement.
Payment terms for Lot A is 10% upon signing, 60% completion of site development and balance of 30% upon turnover.
Documentation
MEMORANDUM OF AGREEMENT ON THE USE AND POSSESSION OF LAND
And
GRANT DEED
A few words about YATS International Group of Companies
YATS International Group of Companies has been operating in the Philippines since 1999 focusing on development of real properties and leisure estates. With funds coming from Hong Kong, YATS has invested over US$20 Million in various projects and acquisitions in the Philippines. The bulk of its leisure developments are inside the elite confines of Clark Freeport.
YATS is most prominent in Clark Freeport where it owns and operates a number of hospitality/
The YATS Restaurant and Wine Lounge is both a gourmet restaurant and a business club in one. As a restaurant, it serves anything from executive business meals to top-end fine dining menus featuring the best ingredients flown in from all over the world. As a business club, members and guests frequently use its private and semi-private venues for business discussions. Many important deals are sealed over a glass of wine at YATS. YATS Club operates four outlets in Clark from casual dining to bistro and fine dining.
As a real estate developer, YATS holds titles to large freehold properties in Pampanga and Tagaytay areas as well as leasehold rights of choice properties inside Clark Freeport.
YATS International Group of Companies
3003C East Tower
Philippines Stock Exchange Center (Tektite)
Ortigas Center, Metro Manila, Philippines
(632) 637-5019 Fax (632) 635-4945
Housing@Yats-
www.YatsLeisure.com
