CALAX First Segment to Open in July 2019

Here’s another reason to start exploring the Southern part of Luzon.

The first 10-km of the Cavite-Laguna Expressway (CALAX) project is eyed to open by the third quarter of the year, specifically in July.

According to reports, Metro Pacific Tollways Corp. (MPTC) aims to finish the construction of the first segment of the expressway, which runs from Mamplasan to Santa Rosa-Tagaytay, by June

Further, MPTC targets to break ground for Section 3 of the Cavite part of the project by the end of this month. This 7-km section will run from Governor’s Drive Interchange to Silang (Aguinaldo) Interchange.

CALAX is a 45-km road project that will connect Manila-Cavite Expressway (CAVITEX) and South Luzon Expressway (SLEX) to reduce travel time by at least 45 minutes.

IMAGE DPWH website

The four-lane expressway will have one toll barrier and eight interchanges in Kawit, Daang Hari, Governor’s Drive, Aguinaldo Highway, Silang, Sta. Rosa-Tagaytay, Laguna Boulevard, and Laguna Technopark.

The project is expected to be completed by the year 2021.

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1	Schedule Property Viewing Schedule an exclusive property viewing with our property consultant to your desired house model. To schedule an appointment, you may contact (+63) 917 512 5475. For overseas-based clients, you may request for your family or representative to have the viewing on your behalf.
2	Unit Reservation During property viewing, you'll be presented with the best available units within latest inventory. You may reserve your desired unit by filling out the Buyer Information Sheet, Reservation Forms and paying the reservation fee. Requirements to bring: Two (2) valid ID (both spouses if married).
3	Submit Required Documents Personal and documentary requirements must be submitted within 30-60 days from the date of reservation. A checklist of requirements can be downloaded here. Bank financing is developer-assisted (see list of accredited banks).
4	Pay Downpayment Payment of required downpayment is made through post-dated cheques (PDCs) payable to Property Company of Friends Inc.. Downpayment can be paid on lump sum or monthly installment at zero interest.
5	Unit Turnover After downpayment, wait for the unit construction to finish and for home loan application to be approved (if bank financing) before we can schedule a unit inspection. After inspection and repair of unit (should there be any), buyer may now accept the unit and move-in.

List of Requirements

REQUIREMENTS DURING RESERVATION

2 pcs. Philippine-issued Valid ID
Accomplished Customer Information Sheet
Accomplished Reservation Agreement Form
Reservation Fee

DOCUMENTARY REQUIREMENTS

If married, both spouses shall submit the following:

3 pcs. 1x1 picture
2 Philippine-issued Valid ID
Birth Certificate (if single)
Marriage Certificate (if married)
Proof of Billing Address or Barangay Certificate
Tax Identification Number
Post Dated Cheques

PROOF OF INCOME REQUIREMENTS

Certificate of Employment with Compensation
Payslips (latest 3 months)
Latest Income Tax Return (ITR)
Bank Statements (latest 6 months)
Vouchers latest 6 months (for commission-based employee)

ADDITIONAL REQUIREMENTS FOR OFW

Photocopy of Passport
Job Contract (photocopy)
Passport stamp entries

ATTORNEY-IN-FACT

OFW/Immigrants buyers must assign a family/relative as their Attorney-in-fact (AIF) in their home purchase. AIF must likewise submit the following requirements:

3 pcs. 1x1 picture
2 pcs. Philippine-issued valid ID
Proof of Billing Address
Special Power of Attorney Form (Notarized/Consularized)

SELF-EMPLOYED INCOME REQUIREMENTS

Additional requirements for business owners (self-employed) with minimum 3 years of operation:

Business Permit
Latest 3 years ITR with Financial Statement
Photo of Business Establishment
Bank Statements latest 1 year