The LRT Line 1 Cavite Extension Project

DOTC Extends Deadline for P60-B LRT Project

 In a special bid bulletin, the Department of Transportation and Communications (DOTC) has moved the deadline for the submission of qualification documents to September 28 instead of the original schedule of August 22.

"In response to the request of several prospective bidders for more time to prepare the qualification documents and in light of the recent revisions to the instructions to prospective bidders, the qualification documents submission date is extended to September 28," the DOTC said.

The Cavite extension project would increase the span of Line 1 from 20.7 kilometers to 32.4 kilometers and will have a new south endpoint in Niog, Bacoor, Cavite. The extension includes eight stations (with provision for two future stations), 10.5 kilometers of viaduct, support beams, and 3 intermodal facilities.

Approximately 10.5 kilometers of the Cavite extension system would be elevated and 1.2 kilometers would be at grade level. The government has set aside P30 billion to acquire up to 39 new Light Rail Vehicles for this project.

The extension would open up the Line 1 services to the nearly four million residents of Parañaque, Las Piñas, and the Province of Cavite.

Conglomerates present during the investors' briefing and pre-qualification conference last July 10 included First Pacific and affiliate Metro Pacific Investments Corp. (MPIC), San Miguel Infrastructure, Ayala-controlled Makati Development Corp, FF Cruz, and DMCI.

Foreign companies represented during the meeting were Japanese-owned Marubeni, Sumitomo, Mitsubishi, Itochu as well as French transportation contractors RATP Dev and Systa as well as Ecorail and Leighton Contractors.

Banks present during the conference were Ayala-controlled Bank of the Philippine Islands (BPI), BDO Universal Bank of retail magnate Henry Sy, PNB Capital of banking and beverage tycoon Lucio Tan, China Bank, and Dutch financial giant ING Bank, and American-owned Citi.

The Manila Line 1 project would bid out the operations and maintenance of the existing LRT Line 1 system, the construction of the Line 1 Cavite Extension, and the O&M of both existing and extension as an integrated system.

The construction of the tracks, the stations and all its attendant facilities, as well as O&M, worth about P30 billion, would be bidded out. The other half of the P60-billion project, which includes the purchase of the coaches, would come from the government through official development assistance (ODA).

Source: Philstar

Expert Advice: Convenience

Highlights

Extension of the existing 20.7kms LRT Line 1 by approximately 11.7kms from Baclaran to Bacoor.

        LRT Line 1 Extension from Baclaran to Bacoor will provide convenience for the commuters living in Cavite and nearby areas. Travel time will also be cut short by the transport system.

        LRT Line 1 Extension from Baclaran to Bacoor will help decongest the traffic stricken Emilio Aguinaldo Highway.

        LRT Line 1 Extension from Baclaran to Bacoor is near some of the house and lot being constructed within the Bacoor - Imus Cavite Area. Projects that will benefit are the following: Lancaster Estates, Bellefort Estates, Ridgesrest Subdivision and Antel Grand Village.

Source: LRTA

     More Expert Advice

St Edward Integrated School - Lancaster Estates

Now on its Second Year of Operations. Accepting Students for SY 2013 - 2014

Building 2 is now Under Construction

     St Edward Integrated School is under Consultancy with La Sallian Schools Supervision Office. It is located conveniently inside Lancaster Estates, Alapan, Imus Cavite. No need for your kids to travel far to get to school. This means no more morning rush, a breeze to get to school on time, savings on bus fare, security, and spend more time with your Family.

     Lancaster Estates is an English countryside inspired Residential Community that spans over 800 hectares that covers three towns of progressive Cavite. Namely, Kawit, Imus and Gen Trias Cavite. The Development has Nine different house models to choose from that is right on your budget. Ranging from P850thou to P2.7M.

     Through the use of Cavitex, going to and from Lancaster Estates to the airport and MOA is less than 20mins. Travel time has really been cut short, giving you more time to spend with your loved ones.

     More Expert Advice

DURING ITS PRESELLING IN 2005, the Antel Grand Village was like a movie smashing the box office charts. Sixty percent of its first phase had been sold out tohomebuyers here and abroad. To date, the demand is still surging.

The promise of quality housing at a reasonable amortization rate may have impelled the growing demand for the latest Antel Land’s offering, the Antel Grand Village in General Trias, Cavite.

The 200-hectare land and housing project now offers its remaining house and lot units for interested buyers who are hot on affordable living but with upscale amenities.

“We overdelivered and overfulfilled our promises for the homebuyers. From our preselling, the amenities we now offer have stretched tenfold, but the rates are still within the buyers’ means,” says Ino Lao, Antel Land marketing director.

The future for a good number of homebuyers, mostly overseas Filipino workers (OFWs) and Caviteños, may not be bleak after all. The developer is keen on delivering their promises. “No fears of backing out and undelivered promises,” Lao adds.

The Antel Grand Village boasts five masterfully planned subdivisions, 7-in-1 interconnected swimming pool, 2-story clubhouse and complete community establishments. The clubhouse, perfect for one’s recreational activities, will house a fully equipped gym, an aerobics area, a spa and sauna place, a ballroom and lanai dining area.

Successful undertaking

So what made the AGV a successful project?

Lao says the credit goes to their effort of addressing the needs of the homebuyers.

“There are too many of us in the market. People develop homes but they don’t really address the needs of the market. Antel is geared toward providing low-priced lands and housing units to middle-income families and migrant workers looking for good investment opportunities in the country,” Lao tells the Inquirer during the Saturday launch of AGV.

Lao quickly adds that the regional connectivity of AGV makes it all the more conducive and practical for people working in the metro. “It is strategically connected with major roads through Coastal Road and the newly opened Macapagal Boulevard or the Parañaque and Alabang route via South Superhighway through the newly passable Daang Hari Road.”

AGV is also projected as a convenient stopover going to Tagaytay and Batangas through the soon-to-open R-1 Diversion Road, a direct link from Coastal Road straight to the subdivision.

No down payment

Interested buyers need not worry about the burden of paying up. With its no-down payment, no-reservation and no-interest fee policy, one could get prime lots ranging from 80 to 300 sq m for as low as P6,700 monthly.

“Things are definitely looking up for our middle-class families, especially the OFWs. (Antel) has a programmed price increase of 5 percent every six months or a total of 30 percent appreciation upon completion of the project. Thus, lot prices increase by more than 10 percent per year. So, in buying a property in AGV, residents get to own affordable first-rate estates and earn as the value of land escalates,” says Len Tusañeza, AGV project director.

To date, one of the five residential subdivisions, the Grand Pasadena (13.9 hectares) has been sold out, leaving four other subdivisions for sale: the Grand Oakridge (17.43 hectares), Grand Meadows (18.5 hectares), Grand Catalina (18.7 hectares) and the Grand Cedarcrest (8.3 hectares). Also up for grab are the units at Grand Parklane, which serves as AGV’s commercial complex and strip.

“We (at Antel Land Holdings) are keen on giving shape to every imaginable possibility that will upgrade the present living conditions of Filipinos. The birth of AGV is a commendable and timely effort in improving the lives of many middle-income families who only used to dream of better standards of living,” Tusañeza says.

Taken from Inquirer.net

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