Name of Project: Woodcrest Condominium-Penthouse Model
Location: Guadalupe, Cebu City
High-end condominiums are in demand among executives of foreign firms operating in Cebu, said PHI vice president for sales and marketing Ramiro Espina. As the number of multinational companies opening branches in Cebu continues to rise, so does the demand for units like The Penthouses, he added. Loft units are telephone, cable, and Internet ready and have individual mailboxes located at the main lobby, garbage chute, fire alarm and sprinkler system as well as fire exits, and standby generator sets for selected units.
Landmarks/Accessibility:
Walking distance going to the main road.
2 minutes drive going to Fooda Saversmart
4 minutes drive going to Aranus Bar and Restaurant
4 minutes drive going to Cnt Lechon
5 minutes drive going to Aqua Mare Private Pool
Transportation Details:
Motorcycle & tricycle going to highway
Public Utility Jeep going to malls, hospitals, schools.
OPTION 1
Total Contract Price: Php 15,200,975
1.) Reservation Fee: Php 50,000 (Deductible from Downpayment)
2.) 13% Downpayment: Php 1,768,037 payable in 7 months Php 252,577/month.
3.) 87% Loanable Amount: Php 12,166,860
Estimated Bank Loan Computation:
* 20 years @ Php 83,694/month
* 15 years @ Php 99,413/month
* 10 years @ Php 132,042/month
* 5 years @ Php 232,401/month
OPTION 2
Total Contract Price: Php 15,200,975
1.) Reservation Fee: Php 50,000 (Deductible from Downpayment)
2.) 24% Downpayment: Php 3,306,375 payable in 9 months Php 367,375/month.
3.) 76% Loanable Amount: Php 10,628,522
Estimated Pagibig Loan Computation:
* 30 years @ Php 59,517/month
* 25 years @ Php 64,477/month
* 20 years @ Php 72,364/month
* 15 years @ Php 86,140/month
* 10 years @ Php 114,690/month
* 5 years @ Php 202,404/month
OPTION 3
In-house Financing
* 10 years @ Php 172,822/month