REPUBLIC OF THE PHILIPPINES Department of Human Settlements and Urban Development Kagawaran ng Pananahanang Pantao at Pegpapauntad ng Kalunsuran ROUTING SLIP Doc Control No. : Date Received :, Date of Letter Signatory Subject: | ESCROW: JADE RESIDENCES PH. B DEVELOPER: SHANG LAND DEVT. CORP. DATE/TIME FROM TO DATE/ COMMENTS/REMARKS RELEASED TIME _| RECEIVED June 23, mal Usec. | OSEC + oo, ©0*! Escrow Agreement as Balanced Housing MMP Development Program Compliance (25% Incentivized Compliance, filed AFTER the Effectivity of M.C. No. 06, 2020, July 15, 2020): Project: JADE RESIDENCES PH. B Developer: SHANG LAND DEVT. CORP. Escrow Amount: P15,060,093.83 There is no discrepancy noted on the computation from the Bureau and the Region. Recommending approval by the Secretary on the attached document (Memorandum for the Secretary for the Approval of Amount of Developer's Incentivized Compliance). Thank you. Usec. Marylin M. Pintor Keng, ‘11500 ung, Halayaan vee comer Mayaman test, Oilman, GuezeR Cty Ena: o@iaudgoxph © @OHSUDgeWph> + ‘REPUBLIC OF THE PHILIF INES Depar,.Aent of Human Settlements and Laan Development ‘Kegawaran ng Pananahanang Pantao at Pegpapaunlad ng Kalunsuran Housing and Real Estato Development Regulation Bureau Issue No. ROUTING SLIP Doc. Control No. : Date of Letter Signatory Date Received : jubject_: | Escrow Approval: JADE RESIDENCES PH. B Developer: SHANG LAND DEVT. CORP. DATE/TIME] % DATE/TIME y 5 RELEASED FROM TO RECEIVED INSTRUCTIONS — Submitted for review and approval: - OFFICE Escrow Agreement as Balanced Housing | OF pe Development Program Compliance ASEC ow (25% Incentivized Compliance, filed MAA after the effectivity of M.C. No. 06, 2020, July 15, 2020): ‘J Project: 06/17/2021 JADE RESIDENCES PH. B OFFICE = Cee i __| none x Y Yh SHANG LAND DEVT. CORP. oc syd HREDR ae lo Escrow Amount: BUREAU PB 15,060,093.83 Attached herewith is the Review and Evaluation Sheet and the Draft Escrow Agreement with Conrections / Amendments indicated therein, to be incorporated by the Regional Office [ upon approval of the Escrow Agreement. OFFICE ‘Thank you. | OF THE SECRETARY | 1p Atty. Angelito F, Aguila DHSUD & HSAC Bldg., Kalayaan Ave. cor Mayaman St, Diliman, Quezon City 1101 Landline: (8) 811-2286; (8) 811~H112 Fax: (8) 811-4118 ALAREPUBLIC OF THE PHILIP’ NES Departy,.ént of Human Settlements and Utwan Development Kagawaran ng Pananahanang Pantao at Pagpapaunlad ng Kalunsuran Housing and Real Estate Development Regulation Bureau MEMORANDUM FOR THE SECRETARY THRU: ATTY. MARYLIN M. PINTOR Undersecretary for Human Settlements and Urban Development, and Bureaus : MELISSA A. ARADANAS, En.P. Assistant Secretary for the Bureaus FROM _ : OIC, Housing and Real Estate Development Regulation Bureau SUBJECT : Approval of Amount of Developer’s Incentivized Compliance DATE —: June 17, 2021 Submitted for approval is the computation of the required incentivized compliance of: Main Project JADE RESIDENCES PH. B Developer Shang Land Devt. Corp. ‘Computed Incentivized Compliance Amount _ :| ® 15:060,093.83 Summary of Evaluat Cost ‘Computation ‘Amount 1. LAC: Land Area x BIR Zonal Value soriscosam [x] Paaonao | P164050.50000 ZC P2825,000.00 TACO Tab.Unis [x [Paveaaroo | 207,714 002.00 [Total Subdivision Project Cost aT, 602,502.00 1 15%x Total Projet Cost ‘P60,240.575.30 B. Socialized Housing Requirements C. Required Escrow Amount + 25% x Socialized Housing Requirement —_P15,060,093.83 Review and Evaluation Sheet/s is hereto attached. Additional Explanatory Note/s: Computations by the Regional Office and by the Bureau are in accord. Recommending Approval thereof. ATTY. ANGELITO F. AG! Officer-in-Charge SUD dig. ayn nsec Mayan Se ina, aeons gergh GP sopPage2 Approval Page: Main Project: JADE RESIDENCES PH. B Developer : Shang Land Devt. Corp. Computed Incentivized Compliance Amount __:| P 15,060,093.83 Recommending: Remarks [J Approv: L 1 Disapproval ATTY. MARYLIN M. PINTOR Undersecretary for Human Settlements and Urban Development, and Bureaus LVTAPPROVED [ 1 DISAPPROVED EDVARIO D. DEL ROSARIO ecretary ae Sons 2ea/