Project Name: Solana Verde Residences
Location: Barangay Tartaria Silang Cavite
Landmarks/Accessibility:
-10 mins to Nuvali
-15 mins going Tagaytay.
-25 mins. to Laguna Technopark
-31 mins. to Sta Elena Gold Course
SAMPLE COMPUTATION FOR BANK FINANCING:
Total Contract Price: PHP 6,083,217.00
1.)10% Equity/Downpayment: PHP 608,321.70
2.)DP Discount: PHP 150,000.00
3.)Reservation Fee: PHP 7,500.00 (Deductable from Downpayment)
4.)Net Equity/Downpayment: PHP 450,821.70 payable for 18mos - PHP 25,046/monthh
5.)Continuos Payment (20%): PHP 1,216,643.40
3yrs @ 7% interest rate: PHP 37,566.42/month
6.)Loanable Amount: PHP 4,258,251.90
ESTIMATED BANK LOAN COMPUTATION:
* 20 years @ Php 33,014/month
* 15 years @ Php 38,274/month
* 10 years @ Php 49,441/month
* 5 years @ Php 84,318/month
Solana Verde will mark another first not just for IHC but also for the country as this will be the first solar-powered condominium development in the Philippines. Every unit of Solana Verde will be equipped with 24- hour solar solutions which will afford condominium owners significant savings in power costs. This solar-powered development is in a very accessible location at Brgy Tartaria, Silang Cavite, along the Tagaytay-Sta Rosa road. The site is just minutes away from major developed areas such as Sta Rosa with its commercial centers, schools and hospitals. It is also very near (15 minutes) to Tagaytay with its cool and balmy weather. Business development continues to grow rapidly in the area, increasing housing demand . Hence Solana Verde with its pioneering development approach will be the most preferred community in the area.