Residential Real Estate Construction Company Seeking Loan in Cebu City, Philippines

- Real estate construction company for residential, commercial, and industrial projects.

- Formerly a single proprietor company formed in 2001, then re-established as a family corporation in 2016.

- Have executed 50+ construction projects for residential and commercial/industrial clients. We have 2 ongoing projects for residential construction and renovation works.

- We have recently entered into real estate development and have 2 properties in Toledo City and Balamban. Have already purchased the land (2 hectares and 1.12 hectares respectively) and we need funds for completing the development.

- Balamban property will be developed into a 46-flat apartment complex with future plans for a 2-story commercial building.

- Toledo City property will be developed into a 63-flat apartment complex with clubhouse and swimming pool, and with future plans for a 3-story commercial building.

- Post obtaining funds, both projects are expected to be developed and completed in 5 years.

- Our projections estimate a total profit of PHP 40 million from the two development projects.

- Our revenue has decreased this year since we are focused on our own development projects and worked on fewer construction projects than last year.

Real estate development projects and construction services.

1.12 hectare land at Prenza, Balamban and 2.00 hectares land in Tubod, Toledo City.

Rented company office temporarily in P. Atillo Road, Punta Princesa, Cebu City. We plan to make our new office at Baliwagan, Balamban, Cebu.