Name of Project: Villa Grande Heights - Marian III
Location: New Lizada, Toril Davao City
LTS No. 24055
Toril is undeniably one of the major and fast-growing suburbs here in Davao City. In the past, it used to be just a simple pasture land for cow herding. But in the recent years, Toril has grown into a booming area with various industries actively investing on its magnanimous potential to develop into an economic center in the South.
The current growth in the number of housing projects in Toril is one of the indications of its unstoppable development. One of them is Villa Grande Heights, brought to you by RJK Luminous Builders and Development Corporation.
Villa Grande Heights Subdivision is a low-cost to middle cost housing located at New Lizada, Toril Davao City. The project area is on 36, 223 sq.m. of land with 303 units. The subdivision is only 5 minutes away are Davao Central College, Doña Carmen Denia City High School, DCLA Shopping Center, Gaisano Grand Toril, Gaisano Mall Toril, and other big establishments like Jollibee and HB1.
Transportation Details:
Tricycle from the subdivision going to National Hi-way
PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools
Sample Computation:
Total Contract Price: Php 4,566,950.00
1. Reservation Fee: Php 5,000.00
2. 10% Downpayment/Equity: Php 456,695.00 payable for 36% months @ 0% interest.
3. Estimated Loanable amount: Php 4,264,000.00
Bank Financing Sample Computation:
* 20 years @ Php 38,365/month
* 15 years @ Php 43,248/month
* 10 years @ Php 54,015/month
* 5 years @ Php 88,514/month
*** ESTIMATED NET INCOME REQUIRED : Php 130,000.00
DISCOUNT
*** SPOT CASH LESS 4%
*** DEFERRED CASH (3 MONTHS TO PAY) LESS 2%