Boracay Newcoast: BORACAY NEWCOAST

· Boracay Newcoast is an integrated tourism estate with world-class resort offerings. It is the first and only master-planned leisure oriented community in Boracay. Situated northeast of the island, it is a fresh tourism inspired development that will help Boracay attract more tourists and investors over the long-term.

· Located on the single largest piece of contiguous land in Boracay, Boracay Newcoast makes up 14% of the island (including the golf course).

· Boracay Newcoast has an entire area of 140 hectares.

o 90 hectares comprise the private golf club (Fairways and Bluewater) including its 18-hole Championship Golf Course. Fairways and Bluewater is by membership only.

o The public area is approximately 50 hectares.

§ One of the public area’s main attractions is an exclusive, kilometer-long white sand beach separated into 3 coves. Apart from a private residential village, there are specialty boutique hotels, shop houses, and a massive commercial center called Newcoast Station. Included also are 4 international hotel brands (including an international spa hotel) plus a local one.

§ Lots available for sale are titled properties, not mere tax declarations. This is significant because only 29% of Boracay Island is titled.

· Newcoast Drive (approximately 2.5 kilometers) is the main road of Boracay Newcoast. In terms of project development, Newcoast Drive is scheduled to be Phase 1. Start of construction is September (target completion is between 12-18 months afterwards) - for Newcoast Drive only.

· Entrance to the Boracay Newcoast is adjacent to the Eco village and Shangri-La Boracay; the road will be open to the public.

· Inspired by the townships created by Megaworld Corporation in Metro Manila (examples are Eastwood City, McKinley Hill, and Newport City), Boracay Newcoast will become the benchmark for Philippine leisure destination. Tourists could expect a truly international experience.