Cavite: A story of growth - Federal Land NRE Global

Cavite: A continuous story of growth

Yume at Riverpark

The province of Cavite, with its rich history and evolving urban fabric, is currently witnessing an era of unparalleled growth and transformation. Leading this wave of progress is General Trias, evolving rapidly into a beacon of innovation and development. In the heart of this vibrant expansion, Federal Land’s visionary township, Riverpark, epitomizes the seamless integration of natural landscapes with urban living, symbolizing the new era of suburban tranquility merged with urban conveniences.

Cavite’s ascent is underscored by its economic vitality and strategic location. The City of General Trias is a first-class component city in the province with a total land area of 117.68 square kilometers and is subdivided into 33 barangays. It was originally named San Francisco de Malabon, after its Patron Saint, Francis of Assisi. The original name of the town was changed in honor of Gen. Mariano Trias.

Another view of residential community at Yume.
Yume at Riverpark Dropoff

Cities like General Trias are experiencing substantial population growth due to their burgeoning economies and appeal as commercial and residential epicenters. This expansion is a mirror to Cavite’s overall economic health, with the region marking significant strides ahead of others in development

 

General Trias Civic Center near Yume at Riverpark.
General Mariano Trias 

The strategic drive to enhance tourism, with General Trias at the core of the fourth tourism nodal point, highlights its potential for industrial and commercial growth. Additionally, extensive infrastructure development including major roadways and expressways like CAVITEX, Skyway, MCX, and Daang-Hari Road with planned major connections to CALAX is significantly boosting the city’s connectivity and allure for both businesses and families.

The next gen city in GenTri

Riverpark, Federal Land’s flagship project in General Trias, dubbed “The Next Gen City of the South,” is a testament to the modern-day township. Spanning 600 hectares, it’s designed to foster smart living in a comprehensive community setting. With amenities ranging from residential units and commercial lots to schools and church, it’s a holistic environment cradled by rivers and green spaces

Yume at Riverpark Clubhouse.
Clubhouse Dropoff Yume at Riverpark

Riverpark’s strategic placement within General Trias capitalizes on the city’s status as a burgeoning growth center, benefiting from significant infrastructure projects that enhance its link to Metro Manila and beyond. The integration of green spaces into the urban design of Riverpark underscores a commitment to a lifestyle balanced between tranquility and urban convenience.

Refreshing pool area at Yume at Riverpark.
Swimming Pool Yume at Riverpark

Growth through partnership

A significant part of Riverpark’s allure stems from the partnership between Federal Land and Japan’s Nomura Real Estate Development, embodied in Federal Land NRE Global, Inc. (FNG). This collaboration heralds a new standard of living, marrying Filipino creativity with Japanese precision, and setting the stage for unique community-centric developments.

Muti-purpose hall at Yume at Riverpark.
Multi-purpose Room Yume at Riverpark

Within the expanse of Riverpark lies Yume, a Japanese-inspired neighborhood promising a low-density living environment conducive to family growth and community bonding. Spanning 18 hectares, Yume at Riverpark prioritizes communal spaces, safety, and mobility, with lot sizes ranging to accommodate modern family needs, scheduled for turnover by 2026.

 

Outdoor recreational space at Yume at Riverpark.
Riverpark Central Park

Yume at Riverpark represents more than just residential space; it’s a testament to FNG’s dedication to blending nature with architecture and preserving the area’s natural beauty while introducing modern Japanese design principles. This “dream” enclave is set to become a hallmark of community building and environmental stewardship, reflecting the merger of Filipino hospitality with Japanese quality and efficiency.

Yume at Riverpark is a direct reflection of FNG’s vision to create a neighborhood that fosters family growth and community interaction within a serene, nature-integrated setting. By developing a fraction of the total land area and dedicating the rest to open spaces and natural landscapes, Yume stands as a model for sustainable development.

Parallel growth of Cavite and Federal Land

The development roadmap for Riverpark includes not only the expansion of its residential and commercial offerings but also the integration of community-centric facilities such as an adventure park, educational institutions, and church. These developments are poised to further elevate the living experience within the community and contribute to the overall growth and dynamism of General Trias.

Ultimately, the collaboration between the growth dynamics of General Trias and the innovative planning of Federal Land’s Riverpark, particularly with the development of FNG’s Yume, epitomizes the ongoing transformation in Cavite. Riverpark is not merely a development; it is a paradigm shift towards sustainable, integrated living, marking General Trias as a pivotal hub in Cavite’s narrative of growth and modernization. As the city ascends as a key growth center, projects like Riverpark and Yume are poignant testimonials to the region’s bright future and the evolving definition of community and home.

For more information about Yume at Riverpark, visit https://fng.dekadawebapp.com/projects/yume-at-riverpark 

Sources:
Cavite Provincial Government. “Chapter 3A – Population.” CEP2020
Philippine Statistics Authority. “All Provinces and HUC in CALABARZON Post Growth in 2022.” PSA Cavite
Provincial Government. “City of General Trias.” City Profile

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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.