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In Davao City, Filipino seller Rosa Mendoza sells a parcel of land to Nihon Holdings Corp., a Japanese corporation, for PHP 36,000,000. The sale contract is signed in Singapore; the payment is to be made in Bangkok; the deed will be executed in Manila and later presented for registration in the Philippine Register. The land is located in Davao City, Philippines. Nihon seeks ownership. Apply Lex loci solutionis: (i) which law governs the contract’s validity and transfer of title; (ii) may Nihon Holdings own the land; (iii) the effect on the title upon registration under Philippine law. Provide a concise conclusion.