Hyde Tower At Cebu Park Residences – 2 Bedroom

South Road Properties, Cebu City, Cebu, Region VII (Central Visayas)

Floor Area: 53.19 sqm

Cebu Park Residences Hyde Tower is conveniently located at Pres. Magsaysay St. Mabolo Cebu City. A 10-storey residential building. Is integrated HYDE tower to the new development, thus the provision of monumental staircase linking the amenity podium towards the entrance location of the existing building located at the front and series of gentle ramp at its near. Both elements are intended to create a circulations loop which provides users and joggers a walk in the park experience in line with the park- like concept of the development.

PAYMENT FINANCING SCHEME

PAYMENT TERMS :

*95 percent / 5 percent with 10 percent Discount

List Price : Php 4,967,642.06
Less : Discount `(10 percent) Php 496,764.21
NET Selling Price : Php 5,540,300.79
Less : Reservation Fee (RF) Php 25,000.00
Balance on the Contract Price : Php 5,515,300.79
Add : VAT (when app.) Php 646,828.39
Add : Transfer Charges Php 422,594.55
95 percent Cash out (95 percent) Php 5,238,285.75
5 percent Balance (5 percent) Php 277,015.04

*DEFFERED CASH 100 percent of TCP Payable up to 18 mos. With 6 percent Discount

List Price : Php 4,967,642.06
Less : Discount (6 percent) Php 298,058.52
Less : Reservation Fee (RF) Php 25,000.00
Net Selling Price Php 4,644,583.54
Add : VAT (when app.) Php 646,828.39
Add : Transfer Charges (when app.) Php 422,594.55
(Php 5,714,006.48)
Monthly Amortization 1-8 Mos. Php 317,444.80

* 20 percent DP Payable for 18 mos. + (LOG) – 80 percent Bank Financing

Total Contract Price : Php 6,037,065.00
Downpayment (20 percent) Php 1,207,413..00
Less : Reservation Fee (RF) Php 25,000.00
Net Downpayment : Php 1,182,413.00
Monthly Amortization for 18 mos. : Php 65,689.61
80 percentBank Financing (80 percent) Php 4,829,652.00
Estimated Monthly Amortization payable for 120 mos. : Php 54,227.38