Released on: November 15, 2007, 5:31 pm

Press Release Author: Beth Collingz/PLC Global

Industry: Real Estate

Press Release Summary: Honolulu based Investors and Philippine-Americans bought up
$3.9 Million worth of Condo Hotel Suites at Lancaster - The Atrium Manila as an
alternative supplemental income source to Pension and Retirement Plans during the
companies ongoing Sales Blitz in Hawaii

Press Release Body: Beth Collingz, International Marketing Director for PLC Global
based in Manila, lead Marketing Partners for the Lancaster Brand of Condotels in the
Philippines, announced "the companies recent US Road Show was another major success
bringing in some $8.9 Million Dollars worth of sales for Lancaster - The Atrium
Condo Hotel as investors look at to solve problems of real estate retirement
investing as an alternative to social security systems that are on the verge of
going bankrupt and Pension Plans that are failing left and right and will continue
to fail as many are glorified 'Pyramid Schemes' or rely solely upon the 'never
ending chain' principal.

"Overseas Filipinos and Offshore Property Investors looking to start saving for
retirement, the Philippines with its comparative low cost of real estate yet high
rates of Hotel Accommodations, make the Condotel investment an extremely attractive
investment proposition. Clients are now looking at the preconstruction investment in
a Lancaster Atrium Semi Fitted Studio Suite that may be Purchased on 12 Year Payment
Plan Options that provides for Executive Studio [Semi Fitted] Suites to be purchased
with a Reservation of only -Pph-25,000.00 for a 32.50sqm [350sqft] Studio then 48
consecutive monthly payments of only -Pph-17,801.58 [No Interest for the first 4
years]. During the first 4 years there is an Annual Lump Sum payable on the
anniversary of the reservation date of -Pph-91,551.00 and thereafter continue the 96
consecutive monthly payments of -Pph-24,075.73 to complete the balance of the
purchase price" Collingz said.

Collingz said "Having paid 50 percent of the purchase price within 4 years the
Studio Condotel will be ready for occupancy and thereafter income positive with a
projected ROI through rentals of at least 500 dollars per month makes the remaining
96 monthly payments on the unit balance self liquidating" said Collingz, and with
preconstruction property appreciating at some 20-30% per annum not only does the
Real Estate Appreciation look good but after paying for the unit, the rental income
is in excess of what many Pension Plans offer for the same or similar investment of
only 50 percent of the purchase price for the unit.

The potential high rates of rental returns from Condo Hotel Investments, currently
from 8% up to 16% per annum, opens up a huge market not traditionally looked at by
Real Estate Agents and Brokers whom all so often run around like headless chickens
looking for normal residential profile "buyers" without looking at the by far bigger
picture of investments, investing and retirement. "We look at Condotels as pure
investments. Not primarily as Real Estate. If you look at the Condo Hotel market as
investing for future income, and think outside of the box, it is plain to see that
Hotel Condominiums are not only real estate investments but more importantly income
generating property. Think of Condotels as a Managed Pension Plan. After all,
Condotel units are fully managed property. The owner of the property does not have
the hassle of renting out the unit and contend with all the normal pit falls of
being an amateur land lord. This is taken care of by the Condo Hotel Management"
said Collingz.

"One of my clients from Hawaii, just purchased 4 Studio Condotel Suites at Lancaster
- The Atrium Manila which is currently in preconstruction sales with a plan to
retire in 2012. His outlay for the purchase is only around 70 Dollars a day for 6
years by opting to purchase with a 30% down payment on a 6 year no prequalification,
no down payment, no interest payment plan. Even before completing payment for the
units, he will be receiving more than $2,000 a month in rental income in additional
to any Government or Private Company Pension Plan. Apply that to the 12 year payment
plan and during the first 4 years prior to completion, where you would only be
paying something like 20 Dollars a day, and after the units are already earning
rental income, 45 Dollars a day, he would have a cash positive income on 20 Dollars
a day or some 600 Dollars a month. Better yet, the rental income is in tune with
inflation and buying on preconstruction terms gives real estate appreciation of some
60-80% over 4 years enthused Collingz.

At the end of 12 years, having only put out 50% of the original purchase price of
the units, the owner would have earned something like 4,800 Dollars and condo units
are now in fee simple, owned free and clear, then earning more than 2,000 Dollars a
month. Better yet, as Hotel Rates increase yearly, so does the rental income. On the
strength of the Philippine Peso over the US Dollar 'Early Bird' investors at
Lancaster Suites Manila Tower I are set to reap an exceptional 16%-24% per annum
ROI" Collingz said.


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

Contact Details: PLC International Marketing Networks
Pacific Concord Properties Inc., Manila 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 [Condotel Investments]
Web: http://www.condotel-sales.com [Lancaster Atrium Condotel]
Web: http://www.condotel-manila.com [Lancaster Suites Condotel]