Progress Updates: Major Developments Happening In and Around Riverpark - Federal Land NRE Global
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Progress Updates: Major Developments Happening In and Around Riverpark

Cavite Infrastructure

CALAX (CAVITE-LAGUNA EXPRESSWAY)

This major infrastructure will provide seamless access to Riverpark, with interchanges located in Riverpark North and South. The Laguna segment is completed and operational while the Cavite segment is currently at 27% with target completion in 4th quarter of 2025

 

CAVITE BUS RAPID TRANSIT

Partial operations of the Cavite Bus Rapid Transit system will launch by September 2025. Designed to improve transit efficiency and connectivity, the first phase will connect PITX to key areas such as Imus and Trece Martires, cutting travel time by up to 60%.

 

CTBEX (CAVITE-TAGAYTAY-BATANGAS EXPRESSWAY)

This 50.43-km. tollway will traverse major Cavite and Batangas towns and cities, reducing travel time between the two provinces. It is slated to be completed by 2027, and will serve approximately 23,000 vehicles daily.

 

SANGLEY POINT INTL. AIRPORT

This domestic airport, which is being developed into an international airport, aims to transform air travel in the country. Its first phase is expected to be operational by 2028.

 

Riverpark Infrastructure

DAANG HARI EXTENSION

The fully operational Malagasang Flyover makes traveling from SLEX to Riverpark easier via Daang Hari Extension. Road widening is also ongoing for this major Cavite thoroughfare, from 2 lanes to 6 lanes.

 

RIVERPARK NORTH BOULEVARD

Riverpark Boulevard, the spine road of the estate, recently opened last November 2024, providing easy and convenient access for motorists driving through development.

 

RIVERPARK SOUTH MAYOR’S DRIVE

This road network is 55% completed and will serve as a connection to major existing and planned thoroughfares.

 

UNIQLO LOGISTICS FACILITY

A new UNIQLO Logistics Facility is slated to be completed in 2026 at Riverpark. This humancentric warehouse is anticipated to generate a substantial number of jobs, offering employment opportunities and bolstering economic vitality across the region.

 

SM CITY GENERAL TRIAS

The 11-hectare development is set to be the first SM mall in General Trias. It will offer generous shopping choices with open and outdoor spaces, as well as provision for future expansion. It broke ground last June 2024.

 

FNG Developments

COMMERCIAL LOTS

FNG launched its first Commercial Lots in Riverpark last October 2024 and is currently 43% sold. It is poised to become Riverpark’s vibrant lifestyle district envisioned to have retail, restaurants, offices, and other services.

 

ADVENTURE PARK

Adventure Park offers a diverse range of Japanese-inspired indoor and outdoor activities for year-round enjoyment, ensuring thrilling adventures, educational experiences, and team-building opportunities for all visitors. Phase 1 is expected to be opened within 2025.

 

YUME AT RIVERPARK

An 18-hectare Japanese-inspired neighborhood ideal for starting families. It has completed 25% of land development with turnover expected at 2026.

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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.