Hyde Tower At Cebu Park Residences – Studio

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

Floor Area: 30.64 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 2,848,99.74
Less : Discount `10 percent Php 284,899.47
NET Selling Price : Php 3,177,420.53
Less : Reservation Fee (RF) Php 25,000.00

Balance on the Contract Price : Php 3,152,420.53
Add : VAT (when app.) Php 370,962.86
Add : Transfer Charges Php 242,362.40
95 percent Cash out (95 percent) Php 2,993,549.50
5 percent Balance (5 percent) Php 158,871.03

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

List Price : Php 2,848,994.74
Less : Discount (6 percent) Php 170,939.68
Less : Reservation Fee (RF) Php 25,000.00
Net Selling Price Php 2,653,055.06
Add : VAT (when app.) Php 370,962.86
Add : Transfer Charges (when app.) Php 242,362.40
(Php3,266,380.32)
Monthly Amortization 1-8 Mos. Php 181,465.57

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

Total Contract Price : Php 3,462,320.00
Downpayment 20 percent Php 692,464.00
Less : Reservation Fee (RF) : Php 25,000.00
Net Downpayment : Php 667,464.00
Monthly Amortization for 18 mos. : Php 37,081.33
80 percent Bank Financing : (80 percent) Php 2,769,856.00
Estimated Monthly Amortization payable for 120 mos. Php 31,099.97

* Special Lease-to-own payment scheme with Advance DP Ready to MOVE IN

Total Contract Price : Php 3,462,320.00
Reservation Fee : Php 25,000.00
Downpayment (Cash out) : Php 120,000.00
Downpayment payable for 12 mos. :(Php 20,000.00) Php240,000.00

Total Downpayment : Php 385,000.00
Less 20 percent of Equity from TCP : Php 692,464.00
Remaining Balance (due and demand) : Php 307,464.00
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