Northern Lights Condominium - Studio Unit

Tabok, Mandaue City, Cebu, Region VII (Central Visayas)

Project
Php 9,624 / mo
Php 2,288,000 (TCP)

BEDROOMS

0

BATHROOMS

1

FLOOR AREA

22.57 sqm

DESCRIPTION

Name of Project: Northern Light Condominium
Location: Lower Hermag, Brgy. Tabok, Mandaue City, Cebu,

Just like Iron Wood’s other projects, Northern Lights takes pride in being an eco-friendly development, as it incorporates green technology, evident in the use of bigger open space to built-up ratio. Its well-designed outdoor spaces offer much more than just having a backyard. They provide a perfect setting for relaxation, just like what you want in a home.

Landmarks/Accessibility:
walking distance going to Insular Square
walking distance going to China Bank
8 minutes drive going to Sacred Heart School Ateneo De Cebu
12 minutes drive going to Gaisano Grand Mall Mandaue

Transportation Details:
PUJ (Public Utility Jeep) going to schools, malls and hospitals

Payment Financing Scheme

Option 1
Sample Computation
Selling Price: Php 2,148,357
Transfer Fee: Php 139,643
Total Contract Price: Php 2,288,000
Reservation Fee: Php 20,000 (deductible from downpayment)
20% Equity/Downpayment: Php 409,671 payable for 48 months
Php 8,535/month (without Transfer Fee)
Php 11,444/mont (with Transfer fee)
80% Loanable Amount: Php 1,718,686

Option 2 (Lumpsum every 12th month)
Sample Computation
Selling Price: Php 2,148,357
Transfer Fee: Php 139,643
Total Contract Price: Php 2,288,000
Reservation Fee: Php 20,000 (deductible from downpayment)
20% Equity/Downpayment: Php 409,671 payable for 48 months
Php 5,000/month
Php 77,329/mont (every 12th month including Transfer fee)
80% Loanable Amount: Php 1,718,686

Estimated Pagibig Loan Computation
* 30 years @ Php 9,624/month
* 25 years @ Php 10,426/month
* 20 years @ Php 11,702/month
* 15 years @ Php 13,929/month
* 10 years @ Php 18,546/month
* 5 years @ Php 32,730/month

PROPERTY DETAILS/FEATURES
  • Floor Area: 22.57 Sqm
  • Studio Unit
  • Bed Area
  • 1 Toilet And Bath
  • Living Area
  • Dining Area
  • Kitchen Area
  • Complete Lightning Fixtures
  • Painted Walls & Ceiling
  • Door Guard, Door Stopper, Mortise Lockset
  • Kitchen Sink With Countertop
  • Kitchen Base Cabinets
  • Tiled Dwelling Area
  • Tiled Toilet & Bath With Complete Bathroon Fixtures
  • All Units With Balcony
  • Provision For Window Type Ac
  • Provision For Telephone
  • Provision For Cable Internet
  • Universal Type Convenience Outlet
AMENITIES
  • 24 Hour Security System With Cctv
  • Reception Area & Lobby
  • Multi-purpose Hall
  • Swimming Pool
  • Landscape Courtyard
  • Two Elevators
  • Laundry-drying Cages
  • Storage Units
  • Garbage Holding Area
  • Administration & Security Office
  • Outdoor Lounge
  • Walking & Jogging Path
  • Fire Alarm System
  • 100 (percent) Power Back-up
  • Generator
  • Louver Facade
  • On-site Sewage
  • Treatment Plant
  • Large Window
  • Rain Water Catchment Facility
  • Materials Recovery Facility