Real Estate Powerhouses Merge To Redefine Urban Living – FNG
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Federal Land Nomura FNG

Federal Land and Japan’s Nomura Real Estate: Redefining urban living through the formidable collaboration of two real estate powerhouses

The fusion of two distinct identities can lead to various outcomes, but it’s always an exciting development to see what may emerge, especially when we combine the best qualities of each one. This fusion is now embodied in Federal Land NRE Global, Inc., or simply FNG, a new entity born from the combined expertise of the Philippines’ Federal Land, Inc. and Japan’s Nomura Real Estate Development Co., Ltd.

In essence, FNG represents a potent blend capable of reshaping the Philippine landscape and simultaneously elevating urban living. FNG brings together Federal Land’s formidable five-decade real estate expertise with the innovation and design sensibility courtesy of Nomura.

Led by Federal Land Chairman Alfred Ty and Nomura Real Estate Chair Eiji Kutsukake, FNG sees a combined century of impressive local and international real estate experience, outstanding business performance, and comprehensive expertise in all aspects of property development and management. Through Federal Land NRE Global Inc., Federal Land and Nomura Real Estate Development bring their respective stellar capabilities with the intent to elevate the way urban developments are undertaken.

Federal Land, Inc., with over five decades of experience, stands as an influential contributor to the Philippine urban landscape. As a subsidiary of GT Capital Holdings, the company has consistently redefined city living through innovative residential developments, commercial spaces, office buildings, hotels, and integrated communities. Its presence within the GT Capital Holdings conglomerate further solidifies its position as a driving force in the industry.

On the other hand, Nomura Real Estate Development Co., Ltd., with its roots extending back to the ‘50s, boasts a strong reputation in Japan’s real estate industry. Engaged in a range of activities including residential development, leasing, investment management, property brokerage, and facility management, the company is a paragon of industry diversification. With a history of resolving societal challenges through its offerings, Nomura Real Estate Development Co., Ltd. has embarked on overseas expansion while maintaining a steadfast commitment to excellence.

Artist’s perspective of Riverpark at General Trias, Cavite, which is master planned by AECOM, a renowned award-winning design firm. The masterplan is subject to change.

“This is a perfect marriage of vision and values. We share a common long-term outlook, anchored on creating world-class developments that enriches the way people live. It’s a true synergy wherein we raise each other’s performance, whether it be in architecture, technology, construction, management, and most importantly, to the quality of service rendered to the market,” said Ty.

“We aim to create real-estate solutions that will elevate the living experience of customers to a higher level. We will be introducing thoughtfully designed masterplans, innovative features, and sustainable solutions, fit for today’s evolving and modernizing lifestyle. That’s the vision of FNG.”

The logo of Federal Land NRE Global, Inc. is inspired by the forearm handshake, which captures FNG’s core principle, that is rooted in the spirit of equal partnership and respect between two countries to create new value. The new company aims to make life flourish through the creation of sustainable urban communities that are thoughtfully designed to enrich the lives of Filipinos.

Redefining Urban Living

At the core of FNG’s endeavors lie its brand pillars and a visionary approach aimed at redefining urban living.

“FNG’s brand pillars reflect the harmonious amalgamation of Japanese innovation and Filipino sensibility. These pillars, underscored by principles of sustainability and forward-thinking design, guide the development of each project,” said Yusuke Hirano, vice chairman of FNG.

First is “Japanese,” drawing inspiration from Nomura’s heritage and expertise in developing residential developments. Thus, FNG aims to provide the next level of living experience to the local real estate market.

“From project concept and design, the seamless integration of nature into the development, to the Japanese cultural trait of putting clients at the forefront, FNG prioritizes the creation of spaces that cater to the diverse needs of modern urban dwellers,” added Thomas Mirasol, president of FNG.

Second is “innovation.” FNG will integrate Japanese innovation into its projects through well thought-of design, architecture, and features. This infusion of innovation results in developments that are not only visually appealing but also ensures a seamless and comfortable lifestyle for residents.

Last, is “collaboration” — FNG will continue to forge partnerships with local and global brands, companies, and individuals to better enhance its future communities.

Soon-to-be-launched Projects

FNG’s commitment to redefining urban living manifests through its two noteworthy projects that are much anticipated by the market and will soon be launched this year.

Artist’s perspective of Yume at Riverpark, the first horizontal development of FNG at Riverpark, General Trias, Cavite.

First is Yume at Riverpark Cavite, a residential neighborhood within Federal Land’s Riverpark community, which introduces a Japanese-inspired haven for starting families. With direct access from the future CALAX Interchange, Yume offers lot sizes ranging from 300 to 527 sq.m. with prices starting from P15 million. This residential enclave harmonizes the aesthetics of Japanese design with contemporary requirements. The future neighborhood’s aspiration is to create a rejuvenating environment for families to thrive.

Second is The Observatory located at Mandaluyong City and right across the Pasig River from BGC. The 4.5-ha mixed-use development, which will have residential, retail, and office components, offers a unique unobstructed view of the BGC skyline. Its strategic location will also have future residents within close proximity to the major central business districts of Makati, BGC, and Ortigas. Catering to diverse lifestyles, the first residential tower of The Observatory, Sora Tower, will offer studio, one, two, and three-bedroom units, with prices ranging from P8.7 million for the Studios to P49.2 million for the three bedrooms.

Artist’s perspective of the retail area at The Observatory.

There are more projects in the pipeline, including developments in the Manila Bay Area, Cavite, and Cebu. This is just the beginning of plans carved and set to realize in the next 30 years, as FNG aims to establish its presence in the country and raise the bar for property development.

Enriching Lifestyles

“FNG emerges as a pioneering force with a shared mission of creating vibrant, sustainable, and innovative communities. The convergence of Federal Landand Nomura Real Estate is more than a partnership; it’s a promise of a new lifestyle, a higher standard of living, and a future defined by quality and excellence,” said Hirano.

With FNG’s vision and brand pillars at the forefront, the fusion of Japanese and Filipino sensibilities will create spaces that inspire, nurture, and elevate lives.

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.