4.6+% x 2, ROI in AsianLand Lot properties

My first ROI in AsianLand lot properties was formally announced on July 2, 2008. I received a confirmation email from the VP of AsianLand strategies, that the lot properties in Grand Royale Bulacan has been increased to 4.8% equivalent to Php 200 per square meter. Since I acquired 2 lot properties last year, my ROI can be considered as 4.8% x 2 in just 1 year. The figure below shows how the ROI calculated for each lot property:

ROI Computation:

AsianLand Grand Royale

1) Lot 1 - 96sqm

Purchase Price = Php 401,760

Current Value = Php 420,960

FY 2008 Increase = Php 19,200 (4.8% of the Purchase Price)

2) Lot 2 - 96sqm

Purchase Price = Php 419,520

Current Value = Php 438,720

FY 2008 Increse = Php 19,200 (4.6% of the Purchase Price)

Considering that this is just a lot property, an average of 4.8% and 4.6% annual ROI indicates that the location is in a well-developed area. Furthermore, Bulacan government is continuously doing reform to advance their economy as compared to other provinces. Some of their development plans are: 1) Sustainable economic development, 2) Efficient delivery of health and social services, 3) Youth Cultural and Historical development and 4) Peace and Order. Achieveing these objectives will lead to the fast economic growth of Bulacan.