LANEBROOK offers Independent Living lifestyle available in a variety of financial options. By paying a one-time, reservation fee and monthly rental fee plus Lanebrook Club Membership dues, you will experience high-quality yet affordable active adult community in the Philippines. We offer four  financial options you can choose from depending on your financial plan for the future.

EASY – (Easy Term Option): Low down payment with monthly rental throughout the 25-year membership lease term with annual rent escalation at 3% per year. Membership paid is valid for 25 years. The leasehold right is transferable up to third degree to consanguinity or third parties provided he or she is at least 55 years old.

FIXED 10 – (Ten-Year Fixed Option): Affordable down payment with fixed rent for 10 years, and no rental for the remaining 15 years of the 25-year term. Membership paid is valid for 25 years. The leasehold right is transferable up to third degree to consanguinity or third parties provided he or she is at least 55 years old.

SINGLE – (1-Time Full Option): One-time payment; no rental payment for the whole 25-year lease term. Membership paid is valid for 25 years. The leasehold right is transferable up to third degree to consanguinity or third parties provided he or she is at least 55 years old.

LIFETIME – (Lifetime Membership Option): One-time payment; no rental payment; and perpetual ownership is valid similar to a freehold property and can be transferable to third parties without age limit.

LANEBROOK PRICING MODEL
(One-Bedroom Unit: 72 sq. meters or 775 sq. feet)

LANEBROOK LEASE & MEMBERSHIP PROCESS

This page details a step-by-step guide to becoming a member of the Lanebrook community. Read below to know how you can take part in making this project a reality:

1. Learning about Lanebrook: Find out all about the project by reading through the various pages of the website. Know what makes Lanebrook different from other retirement communities and why the Philippines is an ideal destination for active seniors. We ask you to carefully study the lease and membership table below. Please bear in mind that the prices stipulated here are only indicative amounts and may vary depending on the project location, density, and amenities.

Please check and review the table below to guide you in studying or choosing a plan. Note that:

* Valid for 25 Years means the membership fee you will pay will be valid for 25 years. The leasehold right is transferable to up to third degree of consanguinity or third parties provided that he or she is at least 55 years old.

** Valid as Freehold means the membership fee you will pay will be valid in perpetuity and can be transferable to third parties without age limit.

***The down payment required is 20% of the membership fee and the balance will then be paid in 12 equal installments.

2. Letter of Interest: After reviewing the lease and membership structure and you think Lanebrook is a good option for you or your loved one, parent, or family member, please drop us a note via the contact page to express your interest in the project. You will be asked to fill out a short form, including your name and email address. This form does not guarantee your commitment to the project. It will only give us an idea on the level of interest of website visitors. No reservation or other fees will be collected at this point.

3. Confirmation Call and Project Finalization: We will contact you directly through the details you provided in the Expression of Interest form to confirm your interest and willingness to take part in the project. We will finalize the project sites and designs, calculate related fees, and share all these information with you.

4. Project Launch and Payment of Reservation Fees: Once we have gathered a significant level of interest (90% of the total number of units to be developed in a given location), we will officially launch Lanebrook. We will then start collecting a reservation fee of at least Php 190,000 (~3,780 USD) depending on the size of the unit. Our goal is to reach 90% of total reservation fees within six months in order to proceed with the project. There are two scenarios to take into consideration:

Scenario A:

If we meet 90% of total reservation fees, we will proceed with the project and ask you to pay the down payment (20% of membership fee) within two weeks upon notice and the 80% balance depending on your choice of payment terms:

1. In full for one year: You can opt to pay the balance on a staggered basis for 12 months.
2. Via bank financing: You can sign a loan agreement with the bank and allow the bank to release loan proceeds to Lanebrook. We are in talks with one of the biggest banks in the Philippines to facilitate this loan process. For Filipinos and foreigners married to Filipinos, you would be allowed to loan up to 80% of the membership fee. For foreigners, generally the central bank does not allow loans. However, you will be allowed to borrow if you can make a placement equal to the loan amount and can make a back to back loan on the placement. If bank financing interests you, please contact us so we can explain to you in greater detail.

Upon receiving full payment, we will commence the development. Please note that because Lanebrook will be mostly a condo-type development, 90% full payment from all members is required before starting the development. Funds will be deposited in a reputable bank, and turnover will be within two to four years after the start of development.

Scenario B:

If we do not meet 90% of total lease out rate within the six months, we will not commence with the project and return all fees to you.

If after reading this guide you still have questions or clarifications, please feel free to contact us anytime. We will be pleased to provide you additional information and explain the project in greater detail.