Filinvest Land, Inc.

December 7, 2007 BIR RULING [DA-619-07] Sec. 22 Joint Venture Filinvest Land, Inc. 173 P. Gomez Street San Juan, Metro Manila Attention: Atty. Andrew James Gerard D. Ruiz Tax Counsel Gentlemen : This refers to your letter dated January 4, 2007 requesting confirmation of the various tax consequences arising from a Joint Venture Agreement for construction purposes, between Filinvest Land, Inc. and Greenhomes Development Corporation. DCESaI It is represented that Filinvest Land, Inc. ("FLI" for brevity) is a corporation duly organized and existing under the laws of the Republic of the Philippines, engaged in the business of acquiring, developing, selling, mortgaging, exchanging and leasing real estate of all kinds, including, among others, residential subdivisions. Greenhomes Development Corporation ("GDC" for brevity), is a corporation duly organized and existing under the laws of the Republic of the Philippines, and is the absolute and registered owner of Four Hundred and Thirty (430) parcels of land located in Barangay Tulo, Calamba, Province of Laguna, with an aggregate area of 201,873 square meters (m 2 ), more or less, specifically the lots indicated in the Schedule attached to this ruling, herein referred to as Annex "A", consisting of nine (9) pages only, (hereinafter collectively referred to as the "Properties"). On August 30, 2005, FLI, as the developer, agreed to undertake a joint venture with GDC for the subdivision and horizontal development of the real property abovementioned. GDC would contribute the abovementioned real properties to the joint venture undertaking, while FLI would undertake to develop said real properties. The salient portions of the joint venture are as follows: THSaEC 1. FLI shall undertake the subdivision and horizontal development of the subject real property, which development shall include improvements and facilities as agreed upon; 2. FLI shall shoulder all the equipment, engineering, materials, supplies and labor expenses incurred relative to the subdivision and horizontal development of the said real property; 3. For and in consideration of the development obligations and undertakings it will assume, FLI will receive the following percentage of the saleable lots resulting from said subdivision and horizontal development, with GDC receiving the remaining balance of saleable lots, as follows: Phase of Development FLI GDC Phase 2 25% 75% Phase 3 25% 75% Phase 4 59% 41% In view of the foregoing, you are requesting confirmation of your opinion as follows: 1. The Development Agreement between FLI and GDC, for the subdivision and horizontal development of the abovementioned Properties located in Barangay Tulo, Calamba, Province of Laguna, into a residential subdivision, will not give rise to a taxable joint venture as provided under Section 22 (B), in relation to Section 27 (A), both of the National Internal Revenue Code (NIRC), as amended; 2. The allocation of saleable lots between FLI and GDC in consideration of their respective contributions, to be stipulated in the Development Agreement, is not a taxable event and is not subject to income tax, and subsequently withholding tax, and the Value-Added Tax (VAT), since the allocation of saleable lots is in fact a mere return of capital that each has contributed; HACaSc 3. The Partition Agreement whereby FLI and GDC shall allocate unto each other their share in the saleable lots in consideration of their respective contributions, is not subject to the Documentary Stamp Tax (DST) imposed under Section 196 of the Tax Code of 1997, as amended, nor to any income tax, and consequently withholding tax, since the allocation is made without monetary consideration and is not in connection with a sale. Rather, the partition is made merely to segregate the saleable lots between the parties, as the return of the capital which each contributed. However, it is understood that should FLI and/or GDC sell any of the saleable lots allocated to them, to third parties, the gain that may be realized from said sale will be subject to regular (corporate) income tax at 35%, in accordance with Section 27 (A) of the Tax Code of 1997, as amended, and consequently to withholding tax as implemented under Revenue Regulations (RR) No. 2-98, as amended. In reply, please be informed as follows: Section 22 (B) of the Tax Code of 1997, as amended, states as follows: "Section 22. Definitions . When used in this Title. xxx xxx xxx (B) The term 'corporation' shall include partnerships, no matter how created or organized, joint-stock companies, joint accounts (cuentas en participacion), associations, or insurance companies, but does not include general professional partnerships and a joint venture or consortium formed for the purpose of undertaking construction projects or engaging in petroleum, coal, geothermal and other energy operations pursuant to an operating or consortium agreement under a service contract with the Government. 'General professional partnerships' are partnerships formed by persons for the sole purpose of exercising their common profession, no part of the income of which is derived from engaging in any trade or business." (Emphasis supplied) ACcEHI The abovementioned exemption was initiated under Presidential Decree (PD) No. 929, dated May 4, 1976, which amended the definition of a "taxable" corporation in the Tax Code, as amended, to specifically exclude joint ventures formed for the purpose of undertaking construction projects. Said PD instituted the amendment of the definition of the term "taxable" corporation in recognition of the following situations: (1) Local contractors contribute substantially to the development program of the country; (2) Local contractors are at a disadvantage in competitive bidding with foreign contractors in view of limited capital and financial resources; (3) In order to be able to compete with big foreign contractors, it may be necessary for local contractors to enter into joint ventures to pool, their limited resources in undertaking big construction projects. Hence, to assist the local contractors in achieving competitiveness with foreign contractors, the joint ventures formed by said local contractors were thus deemed as not falling under the definition of a "taxable" corporation, and thus not subject to income tax. This was, and still is, the intention of the legislature. CaATDE Such being the case, the Development Agreement entered into by and between FLI and GDC is not subject to the income tax under Section 27 (A) of the Tax Code of 1997, as amended. Moreover, the allocation of the saleable units between FLI and GDC, which is done effectively in consideration of their respective contributions, does not constitute a taxable event, as no income is actually realized by either FLI and/or GDC. The Partition Agreement or Deed of Allocation will be executed without consideration, and will not be in connection with any sale between the said parties. As has been ruled by the BIR on numerous occasions, income, in a broad sense, means all wealth which flows into the taxpayer, other than as a mere return of capital ( Section 36, RR No. 2 ). FLI and GDC, both having contributed to the development of the aforementioned real property, did not realize any income upon the allocation of the saleable units. Hence, the allocation of units arising from the Partition Agreement is not subject to income tax, and consequently, to withholding tax. The said allocation, likewise, is not subject to VAT. Under Section 105 of the Tax Code of 1997, as amended, any person who, in the course of trade or business, sells, barters, exchanges, leases goods or properties, renders services and any person who imports goods shall be subject to VAT. However, by contributing its parcel of land, GDC neither sells, barters, exchanges goods, property nor renders services to be subject to VAT. (BIR Ruling No. DA-240-2001 dated November 16, 2001; BIR Ruling No. DA-115-2001 dated September 5, 2001). FLI and/or GDC will only realize income upon their respective sales of the saleable units allocated to each of them. In this regard, said sales to third parties, if ever undertaken, would be subject to regular (corporate) income tax at the rate of 35%, in accordance with Section 27 (A) of the 1997 Tax Code, as amended, and consequently to withholding tax as implemented under Revenue Regulations (RR) No. 2-98, as amended. The said sales by the juridical entities (FLI and/or GDC) to third parties would likewise be subject to the VAT at the rate of 12%, in accordance with Sections 106 and 109 of the 1997 Tax Code, as amended, and to the Documentary Stamp Tax (DST) at the rate of fifteen pesos (P15.00) for each one thousand pesos (P1,000.00), or fractional part thereof in excess of one thousand pesos (P1,000.00) of such consideration or value, in accordance with Section 196 of the 1997 Tax Code, as amended. IcEaST Further, the Partition Agreement or Deed of Allocation whereby FLI and GDC will allocate unto each other their share in the saleable units in consideration of their respective contributions, is not subject to the DST imposed under Section 196 of the 1997 Tax Code, as amended, considering that, as stated earlier, the allocation shall be made without monetary consideration and is not in connection with a sale. In this regard, Section 185 of the Revised Documentary Stamp Tax Regulations (Regulations No. 26)provides that "conveyances of realty not in connection with a sale, to trustees or other persons without consideration are not taxable." Accordingly, since the aforementioned Partition Agreement and/or Deed of Allocation will be executed without consideration and were not in connection with a sale between FLI and GDC, no DST therefore is due and collectible on said Partition Agreement and/or Deed of Allocation. However, the notarial acknowledgment to said Partition Agreement shall be subject to the DST pursuant to Section 188 of the 1997 Tax Code, as amended, in the amount of P15.00. In connection with the above construction undertaking, the Joint Venture and the co-venturers are hereby required to register with the revenue district office (RDO) where their principal place of business is located. Moreover, this ruling authorizes the Revenue District Officer of the revenue district where the property is located to issue the corresponding Tax Clearance Certificate (TCL) with regard to the transfer of the titles to the lots to be received by FLI and GDC based on their respective allocations pursuant to the partition without need of presentation of proof of payment of the capital gains tax or the creditable withholding tax, documentary stamp tax and value-added tax and/or donor's tax. This ruling is being issued on the basis of the foregoing facts as represented. However, if upon investigation, it will be disclosed that the facts are different, then this ruling shall be considered null and void. HAaDTI Very truly yours, Commissioner of Internal Revenue By: (SGD.) JAMES H. ROLDAN Assistant Commissioner Legal Service ANNEX A Registered Owner(s) TCT Number Lot Number Area per TCT (m2 ) 1 Greenhomes Development Inc. T-479069 Lot 1 BIk. 1 Phase II 168 m2 2 Greenhomes Development Inc. T-479070 Lot 2 BIk. 1 Phase II 150 m2 3 Greenhomes Development Inc. T-478834 Lot 3 BIk. 1 Phase II 150 m2 4 Greenhomes Development Inc. T-478835 Lot 4 BIk. 1 Phase II 150 m2 5 Greenhomes Development Inc. T-478836 Lot 5 BIk. 1 Phase II 200 m2 6 Greenhomes Development Inc. T-478841 Lot 1 BIk. 2 Phase II 192 m2 7 Greenhomes Development Inc. T-478889 Lot 2 BIk. 2 Phase II 150 m2 8 Greenhomes Development Inc. T-478842 Lot 3 BIk. 2 Phase II 150 m2 9 Greenhomes Development Inc. T-479071 Lot 4 BIk. 2 Phase II 150 m2 10 Greenhomes Development Inc. T-478981 Lot 5 BIk. 2 Phase II 150 m2 11 Greenhomes Development Inc. T-478971 Lot 6 BIk. 2 Phase II 150 m2 12 Greenhomes Development Inc. T-478972 Lot 7 Blk. 2 Phase II 150 m2 13 Greenhomes Development Inc. T-478973 Lot 8 BIk. 2 Phase II 150 m2 14 Greenhomes Development Inc. T-478974 Lot 9 BIk. 2 Phase II 150 m2 15 Greenhomes Development Inc. T-478975 Lot 10 BIk. 2 Phase II 150 m2 16 Greenhomes Development Inc. T-478976 Lot 11 BIk. 2 Phase II 150 m2 17 Greenhomes Development Inc. T-478977 Lot 12 BIk. 2 Phase II 150 m2 18 Greenhomes Development Inc. T-478978 Lot 13 BIk. 2 Phase II 150 m2 19 Greenhomes Development Inc. T-478979 Lot 14 BIk. 2 Phase II 150 m2 20 Greenhomes Development Inc. T-478980 Lot 15 BIk. 2 Phase II 150 m2 21 Greenhomes Development Inc. T-478982 Lot 16 BIk. 2 Phase II 150 m2 22 Greenhomes Development Inc. T-478983 Lot 17 Blk. 2 Phase II 150 m2 23 Greenhomes Development Inc. T-478984 Lot 18 BIk. 2 Phase II 174 m2 24 Greenhomes Development Inc. T-478985 Lot 1 BIk. 3 Phase II 165 m2 25 Greenhomes Development Inc. T-478986 Lot 2 BIk. 3 Phase II 153 m2 26 Greenhomes Development Inc. T-478987 Lot 3 BIk. 3 Phase II 152 m2 27 Greenhomes Development Inc. T-478988 Lot 4 BIk. 3 Phase II 153 m2 28 Greenhomes Development Inc. T-478989 Lot 5 BIk. 3 Phase II 152 m2 29 Greenhomes Development Inc. T-478990 Lot 6 BIk. 3 Phase II 156 m2 30 Greenhomes Development Inc. T-478991 Lot 7 BIk. 3 Phase II 156 m2 31 Greenhomes Development Inc. T-478992 Lot 8 BIk. 3 Phase II 150 m2 32 Greenhomes Development Inc. T-478993 Lot 9 BIk. 3 Phase II 150 m2 33 Greenhomes Development Inc. T-478994 Lot 10 BIk. 3 Phase II 150 m2 34 Greenhomes Development Inc. T-478995 Lot 11 BIk. 3 Phase II 150 m2 35 Greenhomes Development Inc. T-478996 Lot 12 BIk. 3 Phase II 166 m2 36 Greenhomes Development Inc. T-478997 Lot 1 BIk. 4 Phase II 158 m2 37 Greenhomes Development Inc. T-478998 Lot 2 Blk. 4 Phase II 150 m2 38 Greenhomes Development Inc. T-478999 Lot 3 BIk. 4 Phase II 150 m2 39 Greenhomes Development Inc. T-479000 Lot 4 Blk. 4 Phase II 150 m2 40 Greenhomes Development Inc. T-479001 Lot 5 BIk. 4 Phase II 150 m2 41 Greenhomes Development Inc. T-479002 Lot 6 BIk. 4 Phase II 157 m2 42 Greenhomes Development Inc. T-479003 Lot 7 BIk. 4 Phase II 274 m2 43 Greenhomes Development Inc. T-479004 Lot 8 BIk. 4 Phase II 150 m2 44 Greenhomes Development Inc. T-479005 Lot 9 BIk. 4 Phase II 150 m2 45 Greenhomes Development Inc. T-479006 Lot 10 BIk. 4 Phase II 150 m2 46 Greenhomes Development Inc. T-479007 Lot 11 BIk. 4 Phase II 169 m2 47 Greenhomes Development Inc. T-479008 Lot 1 BIk. 5 Phase II 221 m2 48 Greenhomes Development Inc. T-479009 Lot 2 Blk. 5 Phase II 150 m2 49 Greenhomes Development Inc. T-479010 Lot 3 BIk. 5 Phase II 150 m2 50 Greenhomes Development Inc. T-479011 Lot 4 BIk. 5 Phase II 150 m2 51 Greenhomes Development Inc. T-479012 Lot 5 Blk. 5 Phase II 165 m2 52 Greenhomes Development Inc. T-479013 Lot 6 BIk. 5 Phase II 182 m2 53 Greenhomes Development Inc. T-479014 Lot 7 Blk. 5 Phase II 150 m2 54 Greenhomes Development Inc. T-478892 Lot 8 Blk. 5 Phase II 150 m2 55 Greenhomes Development Inc. T-478893 Lot 9 Blk. 5 Phase II 150 m2 56 Greenhomes Development Inc. T-478894 Lot 10 BIk. 5 Phase II 178 m2 57 Greenhomes Development Inc. T-478895 Lot 1 BIk. 6 Phase II 253 m2 58 Greenhomes Development Inc. T-478896 Lot 2 Blk. 6 Phase II 150 m2 59 Greenhomes Development Inc. T-478897 Lot 3 Blk. 6 Phase II 150 m2 60 Greenhomes Development Inc. T-478898 Lot 4 BIk. 6 Phase II 200 m2 61 Greenhomes Development Inc. T-478899 Lot 5 BIk. 6 Phase II 214 m2 62 Greenhomes Development Inc. T-478900 Lot 6 Blk. 6 Phase II 150 m2 63 Greenhomes Development Inc. T-478901 Lot 7 BIk. 6 Phase II 150 m2 64 Greenhomes Development Inc. T-478902 Lot 8 Blk. 6 Phase II 212 m2 65 Greenhomes Development Inc. T-478903 Lot 1 BIk. 7 Phase II 201 m2 68 Greenhomes Development Inc. T-478904 Lot 2 BIk. 7 Phase II 150 m2 67 Greenhomes Development Inc. T-478905 Lot 3 BIk. 7 Phase II 150 m2 68 Greenhomes Development Inc. T-478906 Lot 4 Blk. 7 Phase II 168 m2 69 Greenhomes Development Inc. T-478907 Lot 5 BIk. 7 Phase II 180 m2 70 Greenhomes Development Inc. T-478908 Lot 6 Blk. 7 Phase II 165 m2 71 Greenhomes Development Inc. T-478909 Lot 7 BIk. 7 Phase II 160 m2 72 Greenhomes Development Inc. T-478910 Lot 8 BIk. 7 Phase II 186 m2 73 Greenhomes Development Inc. T-478911 Lot 1 BIk. 8 Phase II 251 m2 74 Greenhomes Development Inc. T-478912 Lot 2 BIk. 8 Phase II 156 m2 75 Greenhomes Development Inc. T-478913 Lot 3 Blk. 8 Phase II 156 m2 76 Greenhomes Development Inc. T-478914 Lot 4 BIk. 8 Phase II 156 m2 77 Greenhomes Development Inc. T-478915 Lot 5 Blk. 8 Phase II 189 m2 78 Greenhomes Development Inc. T-478916 Lot 6 BIk. 8 Phase II 166 m2 79 Greenhomes Development Inc. T-478917 Lot 7 Blk. 8 Phase II 157 m2 80 Greenhomes Development Inc. T-478918 Lot 8 BIk. 8 Phase II 157 m2 81 Greenhomes Development Inc. T-478919 Lot 9 Bik. 8 Phase II 157 m2 82 Greenhomes Development Inc. T-479122 Lot 10 BIk. 8 Phase II 157 m2 83 Greenhomes Development Inc. T-479123 Lot 11 Blk. 8 Phase II 157 m2 84 Greenhomes Development Inc. T-479124 Lot 12 Blk. 8 Phase II 157 m2 85 Greenhomes Development Inc. T-479125 Lot 13 BIk. 8 Phase it 157 m2 86 Greenhomes Development Inc. T-479126 Lot 14 BIk. 8 Phase II 157 m2 87 Greenhomes Development Inc. T-478920 Lot 15 Blk. 8 Phase II 157 m2 88 Greenhomes Development Inc. T-479121 Lot 16 BIk. 8 Phase II 157 m2 89 Greenhomes Development Inc. T-478741 Lot 17 BIk. 8 Phase II 157 m2 90 Greenhomes Development Inc. T-478742 Lot 18 BIk. 8 Phase II 157 m2 91 Greenhomes Development Inc. T-478743 Lot 19 BIk. 8 Phase II 157 m2 92 Greenhomes Development Inc. T-478745 Lot 20 BIk. 8 Phase II 249 m2 93 Greenhomes Development Inc. T-478746 Lot 1 Blk. 9 Phase II 155 m2 94 Greenhomes Development Inc. T-478747 Lot 2 BIk. 9 Phase II 151 m2 95 Greenhomes Development Inc. T-478748 Lot 3 BIk. 9 Phase II 151 m2 96 Greenhomes Development Inc. T-478749 Lot 4 BIk. 9 Phase II 151 m2 97 Greenhomes Development Inc. T-478750 Lot 5 Blk. 9 Phase II 151 m2 98 Greenhomes Development Inc. T-478751 Lot 6 Blk. 9 Phase II 151 m2 99 Greenhomes Development Inc. T-478752 Lot 7 Blk. 9 Phase II 151 m2 100 Greenhomes Development Inc. T-478753 Lot 8 Blk. 9 Phase II 151 m2 101 Greenhomes Development Inc. T-478754 Lot 9 Blk. 9 Phase II 178 m2 102 Greenhomes Development Inc. T-478755 Lot 1 Blk. 1 Phase III 211 m2 103 Greenhomes Development Inc. T-478756 Lot 2 Blk. 1 Phase III 150 m2 104 Greenhomes Development Inc. T-478757 Lot 3 BIk. 1 Phase III 150 m2 105 Greenhomes Development Inc. T-478758 Lot 4 Blk. 1 Phase III 150 m2 106 Greenhomes Development Inc. T-478759 Lot 5 BIk. 1 Phase III 150 m2 107 Greenhomes Development Inc. T-478760 Lot 6 Blk. 1 Phase III 150 m2 108 Greenhomes Development Inc. T-478761 Lot 7 BIk. 1 Phase III 211 m2 109 Greenhomes Development Inc. T-478762 Lot 1 Blk. 2 Phase III 188 m2 110 Greenhomes Development Inc. T-478763 Lot 2 BIk. 2 Phase III 150 m2 111 Greenhomes Development Inc. T-478764 Lot 3 Blk. 2 Phase III 150 m2 112 Greenhomes Development Inc. T-478765 Lot 4 BIk. 2 Phase III 150 m2 113 Greenhomes Development Inc. T-478766 Lot 5 Blk. 2 Phase III 150 m2 114 Greenhomes Development Inc. T-478767 Lot 6 Blk. 2 Phase III 150 m2 115 Greenhomes Development Inc. T-478768 Lot 7 Blk. 2 Phase III 150.m2 116 Greenhomes Development Inc. T-478769 Lot 8 Blk. 2 Phase III 150 m2 117 Greenhomes Development Inc. T-478770 Lot 9 Blk. 2 Phase III 150 m2 118 Greenhomes Development Inc. T-478771 Lot 10 BIk. 2 Phase III 150 m2 119 Greenhomes Development Inc. T-478772 Lot 11 Blk. 2 Phase III 150 m2 120 Greenhomes Development Inc. T-478773 Lot 12 Blk. 2 Phase III 150 m2 121 Greenhomes Development Inc. T-478774 Lot 13 BIk. 2 Phase III 150 m2 122 Greenhomes Development Inc. T-478775 Lot 14 Blk. 2 Phase III 150 m2 123 Greenhomes Development Inc. T-478776 Lot 15 BIk. 2 Phase III 150 m2 124 Greenhomes Development Inc. T-478777 Lot 16 BIk. 2 Phase III 150 m2 125 Greenhomes Development Inc. T-478778 Lot 17 BIk. 2 Phase III 181 m2 126 Greenhomes Development Inc. T-478779 Lot 1 BIk. 3 Phase III 194 m2 127 Greenhomes Development Inc. T-478780 Lot 2 BIk. 3 Phase III 150 m2 128 Greenhomes Development Inc. T-478781 Lot 3 BIk. 3 Phase III 150 m2 129 Greenhomes Development Inc. T-478782 Lot 4 BIk. 3 Phase III 150 m2 130 Greenhomes Development Inc. T-478783 Lot 5 BIk. 3 Phase III 150 m2 131 Greenhomes Development Inc, T-478784 Lot 6 BIk. 3 Phase III 150 m2 132 Greenhomes Development Inc. T-478785 Lot 7 BIk. 3 Phase III 150 m2 133 Greenhomes Development Inc. T-478890 Lot 8 BIk. 3 Phase III 150 m2 134 Greenhomes Development Inc. T-478891 Lot 9 BIk. 3 Phase III 150 m2 135 Greenhomes Development Inc. T-478870 Lot 10 BIk. 3 Phase III 150 m2 136 Greenhomes Development Inc. T-478786 Lot 11 BIk. 3 Phase III 150 m2 137 Greenhomes Development Inc. T-478787 Lot 12 BIk. 3 Phase III 150 m2 138 Greenhomes Development Inc. T-478788 Lot 13 BIk. 3 Phase III 150 m2 139 Greenhomes Development Inc. T-478789 Lot 14 BIk. 3 Phase III 187 m2 140 Greenhomes Development Inc. T-479117 Lot 15 BIk. 3 Phase III 183 m2 141 Greenhomes Development Inc. T-479118 Lot 16 BIk. 3 Phase III 150 m2 142 Greenhomes Development Inc. T-479119 Lot 17 BIk. 3 Phase III 150 m2 143 Greenhomes Development Inc. T-479120 Lot 18 BIk. 3 Phase III 150 m2 144 Greenhomes Development Inc. T-479015 Lot 19 BIk. 3 Phase III 150 m2 145 Greenhomes Development Inc. T-479016 Lot 20 BIk. 3 Phase III 150 m2 146 Greenhomes Development Inc. T-479017 Lot 21 Blk. 3 Phase III 150 m2 147 Greenhomes Development Inc. T-479018 Lot 22 Blk. 3 Phase III 150 m2 148 Greenhomes Development Inc. T-479158 Lot 23 Blk. 3 Phase III 150 m2 149 Greenhomes Development Inc. T-479159 Lot 24 Blk. 3 Phase III 150 m2 150 Greenhomes Development Inc. T-479160 Lot 25 Blk. 3 Phase III 150 m2 151 Greenhomes Development Inc. T-479161 Lot 26 Blk. 3 Phase III 150 m2 152 Greenhomes Development Inc. T-478961 Lot 27 Blk. 3 Phase III 150 m2 153 Greenhomes Development Inc. T-478962 Lot 28 Blk. 3 Phase III 204 m2 154 Greenhomes Development Inc. T-478963 Lot 1 Blk. 4 Phase III 206 m2 155 Greenhomes Development Inc. T-478964 Lot 2 Blk. 4 Phase III 150 m2 156 Greenhomes Development Inc. T-478965 Lot 3 Blk. 4 Phase III 150 m2 157 Greenhomes Development Inc. T-478966 Lot 4 Blk. 4 Phase III 150 m2 158 Greenhomes Development Inc. T-478967 Lot 5 Blk. 4 Phase III 150 m2 159 Greenhomes Development Inc. T-478968 Lot 6 Blk. 4 Phase III 150 m2 160 Greenhomes Development Inc. T-478969 Lot 7 Blk. 4 Phase III 150 m2 161 Greenhomes Development Inc. T-478970 Lot 8 Blk. 4 Phase III 150 m2 162 Greenhomes Development Inc. T-479166 Lot 9 BIk. 4 Phase III 150 m2 163 Greenhomes Development Inc. T-479166 Lot 10 BIk. 4 Phase III 150 m2 164 Greenhomes Development Inc. T-479019 Lot 11 Blk. 4 Phase III 150 m2 165 Greenhomes Development Inc. T-479172 Lot 12 Blk. 4 Phase III 150 m2 166 Greenhomes Development Inc. T-478744 Lot 13 BIk. 4 Phase III 150 m2 167 Greenhomes Development Inc. T-478845 Lot 14 Blk. 4 Phase III 192 m2 168 Greenhomes Development Inc. T-478794 Lot 15 Blk. 4 Phase III 195 m2 169 Greenhomes Development Inc. T-479023 Lot 16 BIk. 4 Phase III 150 m2 170 Greenhomes Development Inc. T-479057 Lot 17 BIk. 4 Phase III 150 m2 171 Greenhomes Development Inc. T-479058 Lot 18 BIk. 4 Phase III 150 m2 172 Greenhomes Development Inc. T-479059 Lot 19 Blk. 4 Phase III 150 m2 173 Greenhomes Development Inc. T-479060 Lot 20 BIk. 4 Phase III 150 m2 174 Greenhomes Development Inc. T-479061 Lot 21 Blk. 4 Phase III 150 m2 175 Greenhomes Development Inc. T-479062 Lot 22 Blk. 4 Phase III 150 m2 176 Greenhomes Development Inc. T-479063' Lot 23 BIk. 4 Phase III 150 m2 177 Greenhomes Development Inc. T-479064 Lot 24 Blk. 4 Phase III 150 m2 178 Greenhomes Development Inc. T-479065 Lot 25 Blk. 4 Phase III 150 m2 179 Greenhomes Development Inc. T-479066 Lot 26 BIk. 4 Phase III 150 m2 180 Greenhomes Development Inc. T-478921 Lot 27 BIk. 4 Phase III 150 m2 181 Greenhomes Development Inc. T-478922 Lot 28 BIk. 4 Phase III 209 m2 182 Greenhomes Development Inc. T-478923 Lot 1 BIk. 5 Phase III 215 m2 183 Greenhomes Development Inc. T-478924 Lot 2 BIk. 5 Phase III 150 m2 184 Greenhomes Development Inc. T-478925 Lot 3 Blk. 5 Phase III 150 m2 185 Greenhomes Development Inc. T-478926 Lot 4 BIk. 5 Phase III 150 m2 186 Greenhomes Development Inc. T-478927 Lot 5 Blk. 5 Phase III 150 m2 187 Greenhomes Development Inc. T-478928 Lot 6 Blk. 5 Phase III 150 m2 188 Greenhomes Development Inc. T-478929 Lot 7 BIk. 5 Phase III 150 m2 189 Greenhomes Development Inc. T-478930 Lot 8 BIk. 5 Phase III 150 m2 190 Greenhomes Development Inc. T-478931 Lot 9 BIk. 5 Phase III 150 m2 191 Greenhomes Development Inc. T-478932 Lot 10 BIk. 5 Phase III 150 m2 192 Greenhomes Development Inc. T-478933 Lot 11 Blk. 5 Phase III 150 m2 193 Greenhomes Development Inc. T-478934 Lot 12 BIk. 5 Phase III 150 m2 194 Greenhomes Development Inc. T-478935 Lot 13 BIk. 5 Phase III 150 m2 195 Greenhomes Development Inc. T-478936 Lot 14 Blk. 5 Phase III 201 m2 196 Greenhomes Development Inc. T-478937 Lot 15 Blk. 5 Phase III 204 m2 197 Greenhomes Development Inc. T-478938 Lot 16 Blk. 5 Phase III 150 m2 198 Greenhomes Development Inc. T-478939 Lot 17 Blk. 5 Phase III 150 m2 199 Greenhomes Development Inc. T-478940 Lot 18 BIk. 5 Phase III 150 m2 200 Greenhomes Development Inc. T-478941 Lot 19 Blk. 5 Phase III 150 m2 201 Greenhomes Development Inc. T-478942 Lot 20 BIk. 5 Phase III 150 m2 202 Greenhomes Development Inc. T-478943 Lot 21 BIk. 5 Phase III 150 m2 203 Greenhomes Development Inc. T-478944 Lot 22 BIk. 5 Phase III 150 m2 204 Greenhomes Development Inc. T-478945 Lot 23 BIk. 5 Phase III 150 m2 205 Greenhomes Development Inc. T-478946 Lot 24 BIk. 5 Phase III 150 m2 206 Greenhomes Development Inc. T-478947 Lot 25 Blk. 5 Phase III 150 m2 207 Greenhomes Development Inc. T-478948 Lot 26 BIk. 5 Phase III 150 m2 208 Greenhomes Development Inc. T-478949 Lot 27 Blk. 5 Phase III 150 m2 209 Greenhomes Development Inc. T-478950 Lot 28 Blk. 5 Phase III 218 m2 210 Greenhomes Development Inc. T-478951 Lot 1 Blk. 6 Phase III 224 m2 211 Greenhomes Development Inc. T-478952 Lot 2 BIk. 6 Phase III 150 m2 212 Greenhomes Development Inc. T-478953 Lot 3 Blk. 6 Phase III 150 m2 213 Greenhomes Development Inc. T-478954 Lot 4 BIk. 6 Phase III 150 m2 214 Greenhomes Development Inc. T-478955 Lot 5 Blk. 6 Phase III 150 m2 215 Greenhomes Development Inc. T-478956 Lot 6 Blk. 6 Phase III 150 m2 216 Greenhomes Development Inc. T-478957 Lot 7 Blk. 6 Phase III 150 m2 217 Greenhomes Development Inc. T-478958 Lot 8 Blk. 6 Phase III 150 m2 218 Greenhomes Development Inc. T-478959 Lot 9 BIk. 6 Phase III 150 m2 219 Greenhomes Development Inc. T-478960 Lot 10 Blk. 6 Phase III 150 m2 220 Greenhomes Development Inc. T-478792 Lot 11 Blk. 6 Phase III 150 m2 221 Greenhomes Development Inc. T-479021 Lot 12 BIk. 6 Phase III 150 m2 222 Greenhomes Development Inc. T-479073 Lot 13 BIk. 6 Phase III 150 m2 223 Greenhomes Development Inc. T-479074 Lot 14 BIk. 6 Phase III 210 m2 224 Greenhomes Development Inc. T-479075 Lot 15 Blk. 6 Phase III 213 m2 225 Greenhomes Development Inc. T-479076 Lot 16 Blk. 6 Phase III 150 m2 226 Greenhomes Development Inc. T-479077 Lot 17 Blk. 6 Phase III 150 m2 227 Greenhomes Development Inc. T-479078 Lot 18 BIk. 6 Phase III 150 m2 228 Greenhomes Development Inc. T-479079 Lot 19 BIk. 6 Phase III 150 m2 229 Greenhomes Development Inc. T-479080 Lot 20 BIk. 6 Phase III 150 m2 230 Greenhomes Development Inc. T-479081 Lot 21 BIk. 6 Phase III 150 m2 231 Greenhomes Development Inc. T-479082 Lot 22 BIk. 6 Phase III 150 m2 232 Greenhomes Development Inc. T-479083 Lot 23 BIk. 6 Phase III 150 m2 233 Greenhomes Development Inc. T-479084 Lot 24 BIk. 6 Phase III 150 m2 234 Greenhomes Development Inc. T-479085 Lot 25 Blk. 6 Phase III 150 m2 235 Greenhomes Development Inc. T-479086 Lot 26 BIk. 6 Phase III 150 m2 236 Greenhomes Development Inc. T-479087 Lot 27 BIk. 6 Phase III 150 m2 237 Greenhomes Development Inc. T-479088 Lot 28 BIk. 6 Phase III 227 m2 238 Greenhomes Development Inc. T-479089 Lot 1 Blk. 7 Phase III 216 m2 239 Greenhomes Development Inc. T-479090 Lot 2 Blk. 7 Phase III 150 m2 240 Greenhomes Development Inc. T-479091 Lot 3 Blk. 7 Phase III 150 m2 241 Greenhomes Development Inc. T-479092 Lot 4 BIk. 7 Phase III 150 m2 242 Greenhomes Development Inc. T-479093 Lot 5 BIk. 7 Phase III 150 m2 243 Greenhomes Development Inc. T-479094 Lot 6 BIk. 7 Phase III 150 m2 244 Greenhomes Development Inc. T-479095 Lot 7 Blk. 7 Phase III 170 m2 245 Greenhomes Development Inc. T-479096 Lot 8 BIk. 7 Phase III 189 m2 246 Greenhomes Development Inc. T-479097 Lot 9 BIk. 7 Phase III 150 m2 247 Greenhomes Development Inc. T-479098 Lot 10 Blk. 7 Phase III 150 m2 248 Greenhomes Development Inc. T-479099 Lot 11 BIk. 7 Phase III 150 m2 249 Greenhomes Development Inc. T-479100 Lot 12 Blk. 7 Phase III 166 m2 250 Greenhomes Development Inc. T-479101 Lot 13 Blk. 7 Phase III 193 m2 251 Greenhomes Development Inc. T-479102 Lot 14 Blk. 7 Phase III 150 m2 252 Greenhomes Development Inc. T-479103 Lot 15 Blk. 7 Phase III 150 m2 253 Greenhomes Development Inc. T-479104 Lot 16 Blk. 7 Phase III 150 m2 254 Greenhomes Development Inc. T-479105 Lot 17 Blk. 7 Phase III 150 m2 255 Greenhomes Development Inc. T-479106 Lot 18 Blk. 7 Phase III 150 m2 256 Greenhomes Development Inc. T-479107 Lot 19 BIk. 7 Phase III 180 m2 257 Greenhomes Development Inc. T-479108 Lot 20 BIk. 7 Phase III 224 m2 258 Greenhomes Development Inc. T-479109 Lot 21 BIk. 7 Phase III 150 m2 259 Greenhomes Development Inc. T-479110 Lot 22 BIk. 7 Phase III 150 m2 260 Greenhomes Development Inc. T-479111 Lot 23 BIk. 7 Phase III 195 m2 261 Greenhomes Development Inc. T-479112 Lot 24 Bik. 7 Phase III 237 m2 262 Greenhomes Development Inc. T-479113 Lot 25 BIk. 7 Phase III 259 m2 263 Greenhomes Development Inc. T-479114 Lot 26 BIk. 7 Phase III 201 m2 264 Greenhomes Development Inc. T-479115 Lot 27 BIk. 7 Phase III 150 m2 265 Greenhomes Development Inc. T-479116 Lot 28 Blk. 7 Phase III 150 m2 266 Greenhomes Development Inc. T-479162 Lot 29 Blk. 7 Phase III 150 m2 267 Greenhomes Development Inc. T-479163 Lot 30 BIk. 7 Phase III 169 m2 268 Greenhomes Development Inc. T-479164 Lot 1 BIk. 8 Phase III 201 m2 269 Greenhomes Development Inc. T-479165 Lot 2 Blk. 8 Phase III 150 m2 270 Greenhomes Development Inc. T-479168 Lot 3 BIk. 8 Phase III 150 m2 271 Greenhomes Development Inc. T-479169 Lot 4 Blk. 8 Phase III 150 m2 272 Greenhomes Development Inc. T-478843 Lot 5 Blk. 8 Phase III 180 m2 273 Greenhomes Development Inc. T-478844 Lot 6 BIk. 8 Phase III 227 m2 274 Greenhomes Development Inc. T-478846 Lot 7 BIk. 8 Phase III 235 m2 275 Greenhomes Development Inc. T-478847 Lot 8 BIk. 8 Phase III 180 m2 276 Greenhomes Development Inc. T-478848 Lot 9 BIk. 8 Phase III 150 m2 277 Greenhomes Development Inc. T-478849 Lot 10 BIk. 8 Phase III 150 m2 278 Greenhomes Development Inc. T-478850 Lot 11 BIk. 8 Phase III 150 m2 279 Greenhomes Development Inc. T-478851 Lot 12 BIk. 8 Phase III 197 m2 280 Greenhomes Development Inc. T-478852 Lot 1 BIk. 9 Phase III 290 m2 281 Greenhomes Development Inc. T-478853 Lot 2 BIk. 9 Phase III 180 m2 282 Greenhomes Development Inc. T-478854 Lot 3 BIk. 9 Phase III 150 m2 283 Greenhomes Development Inc. T-478855 Lot 4 Blk. 9 Phase III 150 m2 284 Greenhomes Development Inc. T-478856 Lot 5 BIk. 9 Phase III 150 m2 285 Greenhomes Development Inc. T-478857 Lot 6 BIk. 9 Phase III 150 m2 286 Greenhomes Development Inc. T-478858 Lot 7 BIk. 9 Phase III 150 m2 287 Greenhomes Development Inc. T-478859 Lot 8 BIk. 9 Phase III 150 m2 288 Greenhomes Development Inc. T-479170 Lot 9 BIk. 9 Phase III 150 m2 289 Greenhomes Development Inc. T-478791 Lot 10 BIk. 9 Phase III 180 m2 290 Greenhomes Development Inc. T-478793 Lot 11 BIk. 9 Phase III 253 m2 291 Greenhomes Development Inc. T-478795 Lot 12 BIk. 9 Phase III 237 m2 292 Greenhomes Development Inc. T-478796 Lot 13 Blk. 9 Phase III 180 m2 293 Greenhomes Development Inc. T-478797 Lot 14 Blk. 9 Phase III 150 m2 294 Greenhomes Development Inc. T-478798 Lot 15 BIk. 9 Phase III 150 m2 295 Greenhomes Development Inc. T-478799 Lot 16 BIk. 9 Phase III 150 m2 296 Greenhomes Development Inc. T-478800 Lot 17 BIk. 9 Phase III 150 m2 297 Greenhomes Development Inc. T-478801 Lot 18 BIk. 9 Phase III 150 m2 298 Greenhomes Development Inc. T-478802 Lot 19 Blk. 9 Phase III 150 m2 299 Greenhomes Development Inc. T-478803 Lot 20 BIk. 9 Phase III 150 m2 300 Greenhomes Development Inc. T-478804 Lot 21 Blk. 9 Phase III 180 m2 301 Greenhomes Development Inc. T-478805 Lot 22 BIk. 9 Phase III 252 m2 302 Greenhomes Development Inc. T-478806 Lot 1 BIk. 10 Phase III 171 m2 303 Greenhomes Development Inc. T-478807 Lot 2 BIk. 10 Phase III 150 m2 304 Greenhomes Development Inc. T-478808 Lot 3 BIk.10 Phase III 150 m2 305 Greenhomes Development Inc. T-478810 Lot 4 BIk. 10 Phase III 150 m2 306 Greenhomes Development Inc. T-478809 Lot 5 BIk. 10 Phase III 150 m2 307 Greenhomes Development Inc. T-478811 Lot 6 BIk. 10 Phase III 150 m2 308 Greenhomes Development Inc. T-478812 Lot 7 BIk. 10 Phase III 150 m2 309 Greenhomes Development Inc. T-478813 Lot 8 BIk. 10 Phase III 150 m2 310 Greenhomes Development Inc. T-478814 Lot 9 Blk. 10 Phase III 186 m2 311 Greenhomes Development Inc. T-478815 Lot 10 Blk. 10 Phase III 172 m2 312 Greenhomes Development Inc. T-478816 Lot 11 BIk. 10 Phase III 150 m2 313 Greenhomes Development Inc. T-478837 Lot 12 BIk. 10 Phase III 150 m2 314 Greenhomes Development Inc. T-478838 Lot 13 Blk. 10 Phase III 150 m2 315 Greenhomes Development Inc. T-478839 Lot 14 Blk. 10 Phase III 150 m2 316 Greenhomes Development Inc. T-478840 Lot 15 Blk. 10 Phase III 150 m2 317 Greenhomes Development Inc. T-478817 Lot 16 BIk. 10 Phase III 150 m2 318 Greenhomes Development Inc. T-478818 Lot 17 Blk. 10 Phase III 150 m2 319 Greenhomes Development Inc. T-478819 Lot 18 Blk. 10 Phase III 159 m2 320 Greenhomes Development Inc. T-478820 Lot 1 BIk. 11 Phase III 221 m2 321 Greenhomes Development Inc. T-478821 Lot 2 BIk. 11 Phase III 150 m2 322 Greenhomes Development Inc. T-478822 Lot 3 BIk. 11 Phase III 150 m2 323 Greenhomes Development Inc. T-478823 Lot 4 Blk. 11 Phase III 150 m2 324 Greenhomes Development Inc. T-478824 Lot 5 Blk. 11 Phase III 150 m2 325 Greenhomes Development Inc. T-478825 Lot 6 BIk. 11 Phase III 150 m2 326 Greenhomes Development Inc. T-478826 Lot 7 BIk. 11 Phase III 150 m2 327 Greenhomes Development Inc. T-478827 Lot 8 BIk. 11 Phase III 211 m2 328 Greenhomes Development Inc. T-478828 Lot 9 Blk. 11 Phase III 230 m2 329 Greenhomes Development Inc. T-478829 Lot 10 BIk. 11 Phase III 150 m2 330 Greenhomes Development Inc. T-478830 Lot 11 BIk. 11 Phase III 150 m2 331 Greenhomes Development Inc. T-478831 Lot 12 BIk. 11 Phase III 150 m2 332 Greenhomes Development Inc. T-478832 Lot 13 Blk. 11 Phase III 150 m2 333 Greenhomes Development Inc. T-478833 Lot 14 Blk. 11 Phase III 150 m2 334 Greenhomes Development Inc. T-478790 Lot 15 BIk. 11 Phase III 150 m2 335 Greenhomes Development Inc. T-479020 Lot 16 Blk. 11 Phase III 176 m2 336 Greenhomes Development Inc. T-479022 Lot 1 Blk. 12 Phase III 171 m2 337 Greenhomes Development Inc. T-479024 Lot 2 Blk. 12 Phase III 150 m2 338 Greenhomes Development Inc. T-479025 Lot 3 BIk. 12 Phase III 150 m2 339 Greenhomes Development Inc. T-479026 Lot 4 BIk. 12 Phase III 150 m2 340 Greenhomes Development Inc. T-479027 Lot 5 Blk. 12 Phase III 150 m2 341 Greenhomes Development Inc. T-479028 Lot 6 Blk. 12 Phase III 150 m2 342 Greenhomes Development Inc. T-479029 Lot 7 BIk. 12 Phase III 150 m2 343 Greenhomes Development Inc. T-479030 Lot 8 BIk. 12 Phase III 182 m2 344 Greenhomes Development Inc. T-479031 Lot 9 BIk. 12 Phase III 236 m2 345 Greenhomes Development Inc. T-479032 Lot 10 Blk. 12 Phase III 180 m2 346 Greenhomes Development Inc. T-479033 Lot 11 BIk. 12 Phase III 150 m2 347 Greenhomes Development Inc. T-479034 Lot 12 BIk. 12 Phase III 150 m2 348 Greenhomes Development Inc. T-479035 Lot 13 Blk. 12 Phase III 150 m2 349 Greenhomes Development Inc. T-479036 Lot 14 Blk. 12 Phase III 150 m2 350 Greenhomes Development Inc. T-479037 Lot 15 BIk. 12 Phase III 211 m2 351 Greenhomes Development Inc. T-479038 Lot 1 BIk. 13 Phase III 193 m2 352 Greenhomes Development Inc. T-479039 Lot 2 Blk. 13 Phase III 150 m2 353 Greenhomes Development Inc. T-479040 Lot 3 BIk. 13 Phase III 150 m2 354 Greenhomes Development Inc. T-479041 Lot 4 BIk. 13 Phase III 150 m2 355 Greenhomes Development Inc. T-479042 Lot 5 BIk. 13 Phase III 150 m2 356 Greenhomes Development Inc. T-479043 Lot 6 BIk. 13 Phase III 181 m2 357 Greenhomes Development Inc. T-479044 Lot 7 BIk. 13 Phase III 171 m2 358 Greenhomes Development Inc. T-479045 Lot 8 Blk. 13 Phase III 150 m2 359 Greenhomes Development Inc. T-479046 Lot 9 BIk. 13 Phase III 150 m2 360 Greenhomes Development Inc. T-479047 Lot 10 BIk. 13 Phase III 150 m2 361 Greenhomes Development Inc. T-479048 Lot 11 BIk. 13 Phase III 150 m2 362 Greenhomes Development Inc. T-479049 Lot 12 BIk. 13 Phase III 183 m2 363 Greenhomes Development Inc. T-479050 Lot 13 Blk. 13 Phase III 207 m2 364 Greenhomes Development Inc. T-479051 Lot 14 BIk. 13 Phase III 150 m2 365 Greenhomes Development Inc. T-479052 Lot 15 BIk. 13 Phase III 150 m2 366 Greenhomes Development Inc. T-479053 Lot 16 Blk. 13 Phase III 150 m2 367 Greenhomes Development Inc. T-479054 Lot 17 Blk. 13 Phase III 150 m2 368 Greenhomes Development Inc. T-479055 Lot 18 BIk. 13 Phase III 215 m2 369 Greenhomes Development Inc. T-479056 Lot 19 BIk. 13 Phase III 220 m2 370 Greenhomes Development Inc. T-478860 Lot 20 BIk. 13 Phase III 162 m2 371 Greenhomes Development Inc. T-478861 Lot 21 BIk. 13 Phase III 207 m2 372 Greenhomes Development Inc. T-478862 Lot 22 Blk. 13 Phase III 252 m2 373 Greenhomes Development Inc. T-478863 Lot 23 BIk. 13 Phase III 226 m2 374 Greenhomes Development Inc. T-478864 Lot 24 BIk. 13 Phase III 383 m2 375 Greenhomes Development Inc. T-478865 Lot 25 BIk. 13 Phase III 214 m2 376 Greenhomes Development Inc. T-478866 Lot 26 BIk. 13 Phase III 166 m2 377 Greenhomes Development Inc. T-478867 Lot 27 BIk. 13 Phase III 207 m2 378 Greenhomes Development Inc. T-478868 Lot 1 Blk. 14 Phase III 167 m2 379 Greenhomes Development Inc. T-478869 Lot 2 Blk. 14 Phase III 150 m2 380 Greenhomes Development Inc. T-478871 Lot 3 Blk. 14 Phase III 150 m2 381 Greenhomes Development Inc. T-478872 Lot 4 BIk. 14 Phase III 150 m2 382 Greenhomes Development Inc. T-478873 Lot 5 Blk. 14 Phase III 150 m2 383 Greenhomes Development Inc. T-478874 Lot 6 BIk. 14 Phase III 150 m2 384 Greenhomes Development Inc. T-478875 Lot 7 Blk. 14 Phase III 150 m2 385 Greenhomes Development Inc. T-478876 Lot 8 Blk. 14 Phase III 150 m2 386 Greenhomes Development Inc. T-478877 Lot 9 Blk. 14 Phase III 150 m2 387 Greenhomes Development Inc. T-478878 Lot 10 BIk. 14 Phase III 150 m2 388 Greenhomes Development Inc. T-478879 Lot 11 BIk. 14 Phase III 150 m2 389 Greenhomes Development Inc. T-478880 Lot 12 BIk. 14 Phase III 150 m2 390 Greenhomes Development Inc. T-478881 Lot 13 BIk. 14 Phase III 150 m2 391 Greenhomes Development Inc. T-478882 Lot 14 BIk. 14 Phase III 150 m2 392 Greenhomes Development Inc. T-478883 Lot 15 BIk. 14 Phase III 150 m2 393 Greenhomes Development Inc. T-478884 Lot 16 BIk. 14 Phase III 150 m2 394 Greenhomes Development Inc. T-478885 Lot 17 BIk. 14 Phase III 150 m2 395 Greenhomes Development Inc. T-478886 Lot 18 Blk. 14 Phase III 150 m2 396 Greenhomes Development Inc. T-478887 Lot 19 BIk. 14 Phase III 150 m2 397 Greenhomes Development Inc. T-478888 Lot 20 Blk. 14 Phase III 237 m2 398 Greenhomes Development Inc. T-479068 Commercial Area 1 Phase IV 53,522 m2 399 Greenhomes Development Inc. T-479067 Commercial Area 1 22,165 m2 400 Greenhomes Development Inc. T-479127 Main Road 1 13,072 m2 401 Greenhomes Development Inc. T-479136 Main Road 2 Phase II 8,333 m2 402 Greenhomes Development Inc. T-479137 Park & Playground 1 Phase II 1,031 m2 403 Greenhomes Development Inc. T-479138 Park & Playground 2 Phase II 471 m2 404 Greenhomes Development Inc. T-479128 Road Lot 1 Phase II 820 m2 405 Greenhomes Development Inc. T-479129 Road Lot 2 Phase II 617 m2 406 Greenhomes Development Inc. T-479130 Road Lot 3 Phase II 1,698 m2 407 Greenhomes Development Inc. T-479131 Road Lot 4 Phase II 446 m2 408 Greenhomes Development Inc. T-479132 Road Lot 5 Phase II 497 m2 409 Greenhomes Development Inc. T-479133 Road Lot 6 Phase II 547 m2 410 Greenhomes Development Inc. T-479134 Road Lot 7 Phase II 575 m2 411 Greenhomes Development Inc. T-479135 Road Lot 8 Phase II 3,637 m2 412 Greenhomes Development Inc. T-479157 Park & Playground 1 Phase III 4,604 m2 413 Greenhomes Development Inc. T-479139 Road Lot 1 Phase III 3,476 m2 414 Greenhomes Development Inc. T-479140 Road Lot 2 Phase III 1,377 m2 415 Greenhomes Development Inc. T-479141 Road Lot 3 Phase III 1,365 m2 416 Greenhomes Development Inc. T-479142 Road Lot 4 Phase III 3,410 m2 417 Greenhomes Development Inc. T-479143 Road Lot 5 Phase III 1,344 m2 418 Greenhomes Development Inc. T-479144 Road Lot 6 Phase III 2,720 m2 419 Greenhomes Development Inc. T-479145 Road Lot 7 Phase III 1,581 m2 420 Greenhomes Development Inc. T-479146 Road Lot 8 Phase III 677 m2 421 Greenhomes Development Inc. T-479147 Road Lot 9 Phase III 628 m2 422 Greenhomes Development Inc. T-479148 Road Lot 10 Phase III 672 m2 423 Greenhomes Development Inc. T-479149 Road Lot 11 Phase III 1,230 m2 424 Greenhomes Development Inc. T-479150 Road Lot 12 Phase III 651 m2 425 Greenhomes Development Inc. T-479151 Road Lot 13 Phase III 1,139 m2 426 Greenhomes Development Inc. T-479152 Road Lot 14 Phase III 671 m2 427 Greenhomes Development Inc. T-479153 Road Lot 15 Phase III 498 m2 428 Greenhomes Development Inc. T-479154 Road Lot 16 Phase III 754 m2 429 Greenhomes Development Inc. T-479155 Road Lot 17 Phase III 846 m2 430 Greenhomes Development Inc. T-479156 Road Lot 18 Phase III 1,774 m2