Forbes Hill - Residential Lot

Airport Access Road, Bacolod City, Negros Occidental, Region VI (Western Visayas)

Project
Php 86,948 / mo
Php 14,313,000 (TCP)

BEDROOMS

0

BATHROOMS

0

LOT AREA

450 sqm

FLOOR AREA

0 sqm

DESCRIPTION

Forbes Hill at the North Hill Gateway in Bacolod City is Megaworld’s first upscale residential development outside Metro Manila. Forbes Hill is a 15-hectare project with only 197 residential lots with sizes ranging from 449 square meters to 861 square meters priced at about P16,000 to P17,000 per square meter. The high-end residential development is located along the up-and-coming lifestyle district of the new Bacolod-Silay Airport Access Road.

Luxury and Exclusivity

Forbes Hill provide luxury and exclusivity to its future residence against the panoramic backdrop of the Negros mountain ranges and the vast sugarcane plantation. The upscale neighborhood will feature first-class amenities exclusively for its residents which include an events hall, fitness center, game room, entertainment room, lap pool, children’s pool, a gazebo park and a basketball court.

Megaworld will also bring its pioneering LIVE-WORK-PLAY-LEARN concept to residents of Forbes Hill. Megaworld, along with its wholly-owned subsidiary Suntrust Properties, Inc. and in partnership with the Lacson Family, is developing the 53-hectare Northill Gateway which is envisioned to be a refreshing lifestyle district that will house residential villages, a 7.5-hectare mixed-use office and retail development, leisure and recreational hubs as well as institutional facilities.

Accessibility

Forbes Hill is 20-minute drive from the downtown area of Bacolod City and only around 10 minutes away from the new Bacolod People’s House through the new Circumferential Road. It is also just three minutes away from popular tourist site The Ruins and 10 minutes away from University of St. La Salle, one of the biggest universities in the province. It is 15 minutes away from the new Bacolod-Silay Airport.

Megaworld’s earlier upscale residential developments in Metro Manila are: McKinley Hill Village in the bustling McKinley Hill township in Fort Bonifacio, Corinthian Hills in Quezon City, McKinley West Village right beside Forbes Park and the upcoming Beverly Hills-inspired Alabang West Village in Las Pinas City. These properties have seen their prices doubling in just three to five years. It is expected that Forbes Hill will also increase its value in the next few years as things rise within the township.

Payment Financing Scheme

1.) TOTAL CONTRACT PRICE: Php 14,313,000.00
2.) 5% Downpayment: Php 715,650
3.) Less Reservation Fee: Php 100,000.00
Net Downpayment: Php 615,650

4.) 15% Monthly Amortization: Php 2,146,950.00
Payable up o 48 months @ 44,728.13/monthly

-2.5% lumpsum on the 10th month: Php 357,825.00
-2.5% lumpsum on the 20th month: Php 357,825.00
-2.5% lumpsum on the 30th month: Php 357,825.00
-2.5% lumpsum on the 40th month: Php 357,825.00


70% Remaning Balance Due on the 48th month: Php 10,019,100.00
ESTIMATED BANK FINANCING Computation @8.5% Interest Rate
* 20 years @ Php 86,948/month
* 15 years @ Php 98,662/month
* 10 years @ Php 124,223/month
* 5 years @ Php 205,557/month


PROPERTY DETAILS/FEATURES
  • Lot Only
  • 450 Sqm Minimum Cut
AMENITIES
  • Clubhouse
  • Basketball Court
  • Fitness Center
  • Playground
  • Gazebo
  • Gian Fountain Garden
  • Lap Pool
  • Security With Guard House