Property developer Novel Residential Concepts Inc., is offering this type of investment via its Ridgewood Premier Hotel project, along the main C-5 Road artery in Fort Bonifacio. Six percent return, performance bonus Units at the 168-room Ridgewood Premier Hotel give investors a guaranteed six percent annual return on investment. They can also get a six percent performance bonus per annum based on hotel occupancy. Based on these figures, if the maximum performance bonus is reached annually, investor-partners can look forward to recovering their seed money by the ninth year. The investment is likewise backed by a lease contract, with the option to lock in appreciation on a specified period, with a guaranteed appreciation rate. Filling one’s risk appetite “Investors can fill their risk appetite by betting their money on the stock market or getting their hands on bonds and long-term commercial papers,” explained Alfonso Keh Jr., treasurer at Novel Residential Concepts Inc., the developer of Ridgewood. “But in this pandemic era when many things are uncertain, the better option is to invest in assets with certain returns.” “Our innovative investment package makes profitability a certainty especially during these hard times,” Keh claimed.
Novel Residential Concepts Inc. is backed by veteran property developers who have a strong track record in building, developing, and running hotels—including the Ramada Manila Central Hotel in the Chinatown district of Manila—as well as concept restaurants.