Golf Estates Computation Cluster 3 Inner as of December 28, 2009

Cluster = 3
Block 2, Lot 23
Inner = Lot Area 326sq.m
Price per sq.m = 5,550 = $118.09

Total Selling Price = 1,809,300 = $38,495.74
Plus Miscellaneous Fee = 90,465 =$1,924.79
Total Contract Price = 1,899,765 = $40,420.53

Cash (Includes Misc. Fees )
Reservation Fee = 50,000.00 = $ 1,063.83
15% Discount within 30 days = 1,564,800 = $33,293.62

DEFERRED CASH (Includes Misc. Fees)
Reservation Fee = 50,000 = $ 1,063.83
36 Equal Monthly Payment = 51,382 = 1,093.24

DOWN PAYMENT (DP) INCLUSIVE OF MISC. FEES BALANCE DUE:

30% = 633,255 = $ 13,473.51
70% = 1,266,510 = $26,947.02

OUTRIGHT DOWN PAYMENT
(MINIMUM OF 30% DP to avail of the Discount)

RESERVATION FEE = 50,000 = $1,063.83
30% DP (inclusive of Misc. Fees) 15% Discount within 30 days = 497,766 = $10,590.76
70% Balance Due:
a) 36 months zero interest = 35,181 = $ 748.53
b)In-house 5 yrs. @ 16% = Day 60 = 30,799 = 655.30

IN - HOUSE FINANCING

RESERVATION FEE = DAY 1 = 50,000 =$1,063.83
30% DP OVER 18MOS. 0% interest = Day 30 = 32,403 = $689.43
Sales redemption insurance = 825 =$ 17.55
Total Monthly Amortization = 33,228 = $ 706.98

70% Balance Due:
a) In-house 5 yrs @ 16 % = 30,799 = $ 655.30
Sales redemption insurance = 825 = $17.55
Total Monthly Amortization = 31,624 = $672.85

BANK FINANCING
(maximum of 30% TCP)
Reservation fee = Day 1 = 50,000 = 1,063.83
30% DP over 18mos. 0% interest = Day 30 = 34,916 = %742.89
70% Balance Due:
Bank finance 10years @ 16% = 21,216 =$ 451.40

Prices shall be in effect on the date of this proposal and subject to change without prior notice.