Basic Rent: ₱700.00/sqm (excluding VAT, net of withholding tax, CUSA)
Rental Terms:
Escalation: 10% annually
Contract Period: 1 year minimum
Security Deposit (3 months)
Advance Rental (2 months)
Additional Terms:
Rent-Free Renovation Period: Thirty (30) days. If the LESSEE completes fit-out works before the Lease Commencement date, they can operate rent-free until the Lease Commencement date (subject to obtaining necessary permits).
Utilities and Services:
Water Meter: to be discussed by the admin
Power Meter : to be discussed by the admin
Water Rate: ₱85.00/cubic meter (subject to change)
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