Partners in tradition and innovation - Federal Land NRE Global
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Partners in tradition and innovation

Federal Land NRE Global, Inc. (FNG), the joint venture between Federal Land, Inc. and Nomura Real Estate Development Co., Ltd. (NRE), is proud to celebrate with Japan as the nation commemorates Japan National Day. With equal fervor, FNG is also sending warm birthday greetings and well wishes to His Majesty Emperor Naruhito. These two momentous occasions symbolize harmony, resilience, and progress, and FNG is delighted to have this opportunity to join in this celebration.

 

The ties that bind

FNG is a real estate company with strong Filipino-Japanese roots. This company’s Filipino roots are deeply embedded in both property development and the automotive industry. The Filipino side of FNG, Federal Land, Inc., is the wholly-owned property arm of GT Capital Holdings, Inc. (GT Capital), the publicly listed conglomerate of the Ty family. For over 50 years, GT Capital, through Federal Land, has been part of the Philippine real estate industry.

Likewise, GT Capital has long-standing strategic partnerships with Japanese companies, building a reputation that makes it the preferred business ally of Japanese investors and enterprises.

FNG, established in 2022, is named Best Breakthrough Developer at the PropertyGuru Philippines and Asia Property Awards in 2024. In photo are (from left): Sales Group Head Maria Margarita Saenz-Resurreccion, Metro Development Managers, Inc. CEO and member of PropertyGuru’s independent panel of judges Luis Enrique T. Mangosing, and FNG Vice Chairman Yusuke Hirano

Close to 37 years ago, in a bid to help with the sustainable development of the Philippines by way of the automotive industry, GT Capital established partnerships with Japan through Toyota Motor Corporation (TMC). Both leaders of GT Capital and TMC—Dr. George S.K. Ty and Shoichiro Toyoda—worked on this common goal.

This tie-up brought in more partnerships with Japanese companies, particularly original equipment manufacturers, including Aisin, Tokai Rika, Hikari Seto, and Aichi Steel, among others. The collaboration of all these companies has become a vital contributor to the strong performance of the Philippine automotive industry.

 

Dr. George S.K. Ty, the late founder of Metropolitan Bank & Trust Co. (Metrobank), with his Gold and Silver Star medals awarded by Japan

Apart from TMC, GT Capital has established joint ventures with leading Japanese leasing and financing firms, such as ORIX METRO Leasing and Finance Corporation and Sumisho Motor Finance Corporation. Through Sumisho, financing solutions tailored for motorcycle ownership are offered, reinforcing GT Capital’s commitment to providing accessible and convenient financial services in the Philippines.

GT Capital’s contributions to Philippine-Japanese economic relations did not go unnoticed. On Nov. 7, 2017, His Majesty then-Emperor Akihito bestowed upon Dr. George S.K. Ty Japan’s highly prestigious Order of the Rising Sun, Gold and Silver Star decoration. This honor emphasized Dr. Ty’s enduring legacy in cultivating meaningful international partnerships and supporting philanthropic initiatives through the Metrobank Foundation, Inc.

 

Beyond the motoring industry

Investments from Japanese companies are also abundant in the property development sector as Federal Land found partners in renowned Nomura Real Estate, and Japanese financing conglomerate ORIX Corporation.

Nomura Real Estate places premium merit on building cities of value, where today’s beautiful realities are connected to tomorrow’s dynamic possibilities. For over six decades, NRE has been redefining the way people live, work, and thrive in urban spaces. Its projects, from residential towers to integrated mixed-use communities, are designed for efficiency, comfort, and long-term value.

Yume at Riverpark, which means “dream” in Japanese, is a residential enclave that will highlight homes with Japanese design principles. (Artist’s perspective)

 

Federal Land and Nomura Real Estate established FNG, introducing Japan-inspired living through its inaugural residential developments, Yume at Riverpark in Cavite and The Observatory in Mandaluyong City.

Together with ORIX Corporation, Federal Land demonstrated their expertise in property development with The Grand Midori, a Zen-inspired condominium, with towers in Makati City and Pasig City. The collaboration did not stop there. It continued on to the development of the Grand Hyatt Manila and the Grand Hyatt Residences in Bonifacio Global City (BGC), both of which offer access to world-class amenities.

The Grand Midori Ortigas’ façade features a combination of Japanese tatami and Filipino banig elements. (Artist’s perspective)

 

Adding to the Japan-inspired real estate developments in BGC is Mitsukoshi BGC—the first mall in the Philippines designed to reflect Japanese culture through its product offerings, tenant mix, and architectural style. Complementing the mall is The Seasons Residences, a residential complex, also in BGC.

The development of Mitsukoshi BGC and The Seasons Residences was brought about by the partnership of Federal Land, Isetan Mitsukoshi Holdings, and NRE. Such a collaboration is guaranteed to bring the Japanese kaizen principle (continuous improvement) to the forefront of Philippine real estate development.

 

Mutual regard

Partnerships such as these demonstrate how the Philippines and Japan share a long-standing relationship built on trust, respect, and collaboration. Products and services—be it in the automotive industry or the property development sector—born out of this relationship reflect the deep appreciation placed on tradition and innovation by both nations.

With FNG directly operating by these principles, the Philippines and Japan are assured of continued collaborations far into the future. Indeed, the best of both countries come to the fore when this time-honored partnership shapes Philippine real estate development. This is evident in FNG’s pioneering projects, Yume at Riverpark in Cavite and The Observatory in Mandaluyong City, which bring Japan-inspired living to Filipinos through masterfully designed communities rooted in precision, functionality, and thoughtful innovation.

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.