FNG’s Yume at Riverpark in Cavite seen completed by May 2026

FNG’s Yume at Riverpark in Cavite seen completed by May 2026

Yume Clubhouse Drop off

FEDERAL Land NRE Global, Inc. (FNG), a joint venture between local real estate developer Federal Land, Inc. and Japanese real estate firm Nomura Real Estate Development Co., said it has started construction on its residential project Yume at Riverpark in Cavite.

Yume is an 18-hectare horizontal residential project located within the 600-hectare Riverpark township in General Trias, Cavite.

YUME CLUBHOUSE LOUNGE

FNG began construction after breaking ground on Aug. 27 and expects to complete the project by May 2026, William Thomas F. Mirasol, president and chief operating officer of Federal Land, the property arm of GT Capital Holdings, Inc., told BusinessWorld in an e-mail last week.

The price for a unit in Yume ranges from P15.9 million to P32 million, depending on the specific features and size of the unit.

It will have 296 lots spanning from 300 to 527 square meters (sq.m.).

YUME CLUBHOUSE

“This landmark project marks FNG’s first venture into horizontal residential developments, combining the innovative design philosophies of Filipino and Japanese architects,” FNG said.

The company said Yume aims to be a Japanese-inspired neighborhood designed for families to start, grow, and thrive.

Its amenities include a clubhouse, lounge, function room, multipurpose hall, and wellness spa, which has a jacuzzi and sauna.

For outdoor amenities, residents will have access to a swimming pool, six pocket parks, kids’ central, outdoor fitness area that has jogging paths and a fitness station, multi-purpose court, open lawn, and a Japanese garden.

Mr. Mirasol said Riverpark is poised to be the “Next Gen City of the South” and is strategically located, ensuring convenience and ease for future residents and visitors alike.

“Not only is Yume at Riverpark a residential community that will have retail options, parks, sports areas, and even a school within the next-gen city, but it is also well-connected to Metro Manila thanks to major infrastructure projects such as the Daang-Hari Extension and Cavite-Laguna Expressway,” he said.

YUME MAIN GATE

Residents will also have access to Muntinlupa-Cavite Expressway, Manila-Cavite Expressway, and Parañaque Integrated Terminal Exchange.

Central business districts such as Makati are 36 kilometers (about 22.37 miles [mi]) away from the property, Bonifacio Global City is 38 kilometers (about 23.61 mi), while Ortigas is 40 kilometers (about 24.85 mi).

Yume also has proximity to some essential facilities such as the Divine Grace Medical Center, The District Mall, SM Rosario, Vermosa Sports Hub, St. Francis of Assisi Parish, St. Edward School, and De La Salle Santiago Zobel Vermosa. — Aubrey Rose A. Inosante

 

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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.

How much is the reservation fee?

Reservation fees vary per project from Php ____ to Php ______.

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.