Released on = August 1, 2007, 11:38 pm

Press Release Author = Beth Collingz/PLC International Marketing

Industry = Real Estate

Press Release Summary = Philippine based Condotel Developer PCPI acquires additional
condo units for its Lancaster Cebu Resort Residences Condo Hotel Operations to meet
rising demand for short term accommodation in the central Philippines

Press Release Body = Beth Collingz, International Marketing Director of PLC Global
an internet based sales and marketing company and lead marketing partners with
Pacific Concord Properties, Inc., for the Lancaster Brand of Condotels in the
Philippines, recently announced the company has acquired by purchase an additional
27 units in its Lancaster Cebu Condotel adding another 75M pesos to its project
inventory and expansion program. This brings the number of properties held in the
development to 75 suites with another 120 units to be added before year end for
Condo Hotel rental operations.

Property is all about LOCATION said Collingz. Mactan, Cebu, provides one with both
the laid back pace of provincial living, as well as prerequisites of the urban
dweller. Schools, hospitals, restaurants, shopping malls, and leisure are all found
on the island itself.

Lancaster Cebu Resort Residences, located a mere 3 minutes from Mactan-Cebu
International Airport, provides you with easy access to all the essentials of urban
living. This ideal location will complement the Condotel operation since Lancaster
Cebu will function as a condominium hotel - a preferred accommodation choice of
businessmen and holiday travelers alike. Clients can either purchase Condotel Suites
for investment purposes or lease the units on weekly, monthly or yearly basis. We
have Fully Furnished Executive Studio Suite and Two-Bedroom Suites available at
Lancaster Cebu Resort Residences at Pre-Increase Prices that will be "Ready For
Occupancy from September 2007". at the current price said Collingz.

Fully furnished Studio Suites are priced at -Pph-2,753,924.06 and may be purchased
with initial Reservation Fee -Pph-100,000.00 Balance Payable without interest over
24 consecutive equal monthly payments of -Pph-110,580.17 [Tax Inclusive].
Alternatively Save -Pph-106,156.96 by making Reservation [-Pph-100,000.00] then
within 30 days 40% Net Down Payment of -Pph-955,412.70 with resulting Balance
payable without interest over 24 consecutive equal monthly payments -Pph-66,348.10.
Another option, Pay Cash and take 10% discount [Save -Pph-275,392.40] Pay the
Reservation Now [-Pph-100,000.00] and the Cash Balance within 30 days
[-Pph-2,378,531.66] for an Effective Total Cash Price of -Pph-2,478,531.66. This
Suite many also be purchased on Five Year Payment Terms through our no qualification
"In-House" Finance with 15% Down Payment.

Whilst, fully furnished 2 BR Loft Type Suites are priced at -Pph-5,467,004.14 and
may also be purchased with an initial Reservation Fee of only -Pph-100,000.00 with
the Balance Payable without interest over 24 consecutive equal monthly payments of
-Pph-223,625.18 Tax Inclusive. Alternatively Save -Pph-214,680.16 by making the
Reservation -Pph-100,000.00 then within 30 days 40% Net Down Payment of
-Pph-1,932,121.50 and resulting Balance payable without interest over 24 consecutive
equal monthly payments -Pph-134,175.10. Another option, Pay Cash take 10% discount
[Save -Pph-546,700.41] Pay the Reservation Now [-Pph-100,000.00] and Balance within
30 days [-Pph-4,820,303.73] for an Effective Total Cash Price of -Pph-4,920,303.73.
These Two Bedroom Fully Furnished Suites many also be purchased on Five Year Payment
Terms through our no qualification "In-House" Finance Available with 15% Down
Payment.

Collingz said Lancaster Cebu Resort Residences is also offering Studio and 2-Bedroom
Fully Furnished \"Ready for Occupancy\" Suites on daily, weekly, monthly or yearly
lease rental terms. Whilst some renovation works are still ongoing within the
complex, unit rentals are now available to guests at \'Special Promo Rates\'.

Cebu City is the acknowledged gateway and Queen City of the South. Cebu is the most
important trading and commercial hub outside of Metro Manila. Mactan Cebu
International Airport assures the arrival of a steady stream of international
flights from Amsterdam, Frankfurt, Singapore, Hong Kong, Tokyo, Kota Kinabalu, Seoul
and Qatar. There are also chartered flights from Incheon, Taipei, Kansai, Nagoya and
Kiaoshung that arrive on a weekly basis. Cebu is identified by Asiaweek and Conde
Nast Traveller as one of Asia's Best Cities



Web Site = http://www.lancastersuites.com

Contact Details = For Condo rentals in Cebu check out our rentals website:
http://www.condotel-rentals.com for info.

For more information, specifications and reservations please do not hesitate to
contact us:

Beth Collingz- Director
PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com