JESTRA VILLAS - PARANAQUE CITY
SINGLE ATTACHED ( 4.5M) & TOWNHOUSE ( 3.5M)
                                                                               JESTRA VILLAS - PARANAQUE CITY ( near City Hall of Paranaque)
OWNER/DEVELOPER : Jetra Development and Management corporation
JESTRA DEVELOPMENT AND MANAGEMENT (JDM) CORPORATION was established in November 10, 1989 as a professional organization specializing in the fields of real estate development and
construction, property management and real estate consultancy.
JDM's founding chairman was the late Architect Gabriel P. Formoso, a distinguished name in the field of architecture here and abroad who is known for his uncompromising insistence on standard and
quality of work. The company's management group consisting of directors with expertise in the various disciplines of architecture, engineering, finance, accounting, law, taxation, and real estate operations
shared this philosophy.

In 1991, Atty. Eduardo Makalintal took over the helm and assumed the dual role of Chairman of the Board and President of the company. Recognizing the need to channel corporate resources into specific
projects that would benefit a greater number of people and to attain a more homogeneous and wider market, the policy thrust of the new leadership was directed at concentrating in real estate subdivision
development with housing component for the middle income market within the Metropolitan Manila area.

In 1997, Atty. Jocelyn P. Estrada took over as president of the company bringing to the position her hands-on style of business leadership and management. In order to address the growing market brought
about by the upsurge of the economic activity experienced not only in the country but also in all Asian regions, the company's thrust was expanded to include provision of quality and affordable housing not
only within the Metropolitan Manila area but to encompass other metropolitan areas of the country.

To assure that the housing component of the company's projects adapt the concept of function, maximum utilization of space and aesthetical value of its design, the architectural firm of GF & Partners, Co.
was commissioned to be the architectural consultant for the company's housing project designs.

To ascertain adherence to prescribed standards and specifications for the consistency of the quality of housing components and to monitor work accomplishments of its projects, the firm of D.A Abcede &
Associates, Construction Managers and Engineers was contracted to act as the company's Project Manager and Works Engineers.

To provide a total service package for its clientele, the Fil-Estate Group of Companies, with its extensive marketing network, was designated to be the exclusive marketing agent to sell and market the
company's projects.

    TERMS OF PAYMENTS:
    I. IN-HOUSE FINANCING
    30% downpayment payable in 6 months, 70% balance up to 10 years @ 18% interest per annum
    II. BANK FINANCING
    30% down payment payable in 6 months, 70% balance up to 20 years @ 10% interest per annum.

    RESERVATION FEE = Php 30,000

    DISCOUNTS ON TOTAL SELLING PRICE ( TSP):
    OUTRIGHT CASG WITH IN 7 DAYS  = 12% OF TSP
    CASH WITHIN 30 DAYS                     = 10% OF TSP

    DISCOUNTS ON DOWN PAYMENT (D/P)
    OUTRIGHT DOWN PAYMENT  = 10% DISCOUNT
    D/P WITH IN 30 DAYS               =  7% DISCOUNT
    ASSOCIATION DUES = 400/month