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Home >> Bid Bulletin >> Manila Harbour Center New Lease Rate |
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BIDS AND AWARDS COMMITTEE
Bid Bulletin No. 1
Manila Harbour Center New Lease Rate
Posted: March 25, 2014
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LOTS FOR LEASE
Manila Harbour Center, Tondo, Manila |
| Item No. |
TCT No. |
Blk |
Lot |
Area for Lease
(in sqm.) |
Lease Rate
per sqm. |
Monthly
Lease Rate |
Annual
Lease Rate |
| 1 |
284048 |
5 |
3 |
400.00 |
108.00 |
43,200.00 |
518,400.00 |
| 2 |
284084 |
8 |
11 |
427.08 |
108.00 |
46,124.64 |
553,495.68 |
| 3 |
284281 |
18 |
11 |
419.48 |
108.00 |
45,303.84 |
543,646.08 |
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| Other terms and conditions: |
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| Minimum Security Deposit |
- |
Equivalent to two (2) months lease rental |
| Minimum Advance Rental |
- |
Equivalent to two (2) months lease rental |
| Minimum Escalation Rate |
- |
7% annually |
| Maximum Term |
- |
5 years; renewable for another five (5) years upon such terms and conditions mutually acceptable to both parties |
RAFAEL P. DELOS SANTOS
Vice President
Asset Management Department
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