Top Cebu Properties, Park Place

Park Place Twin Homes

Cebu House and Lot for sale


       Your dream home awaits you at Park Place. Contemporary Asian homes designed with all your needs in mind, “Park” your cares as you experience easy living. Away from the hustle and bustle of life, close to everything to nature, and closer still to making all your dreams come true. Your family will enjoy an exciting new way of life, the sophistication of city living marked with the natural beauty of residential suburbia.


       This masterplanned residential village is part of the Pueblo de Oro Cebu Communities. Your family will feel at home in this sustainable community. Enjoy the best of both worlds, city living with a suburban flair, only at Park Place.


       Now you can live a life that’s picture perfect.



- Gross Floor Area: 81 sq.m. 

- Minimum Lot Area: 80 sq.m.

- 2 Bedroom, 1 toilet and bath 

- Basic and basic expanded 



Model Unit Concept (click to enlarge)

     




Floorplans

(click to enlarge)


Premium Finish

  

Ground                                                                  2nd Level


Gross Floor Area:  66 sq.m. 

Expanded Floor Area: 112 sq. m.

Minimum Lot Area: 80 sq.m.


2 Bedrooms

1 Toilet and Bath

Living, Dining, Kitchen


Selling Price: Php 2,050,581.00

Reservation fee: Php 10,000.00



Sample Computation

Equity 10%             -- 205,058.00

Misc. fee                -- 137,389.00

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Total Equity           --- 342,447.00

Less Reservation fee --  10,000.00

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Net Equity               -- 332,447.00


Payable in 36months at 0% interest Php 9,234.64


Balance 90% 1,845,523.00

Payment Option:

A. Bank Financing

20yr loan monthly amortization: Php 16,015.88

B. In-house Financing

30% DP (12month at 0%) of SP and Balance + Misc. Expenses + Others (5 years at 16% per annum = factor rate 0.0243180557)

Net Disposable Income Required: Php 40,040.00





Premium Plus Finish

  

Ground                                                                 2nd Level



Gross Floor Area:  81 sq. m

Expanded Floor Area: 127 sq. m.

Minimum Lot Area:  80 sq. m.


2 Bedroom

1 Toilet and Bath

Living, Dining, Kitchen


Selling Price: Php 2,845,000.00

Reservation fee: Php 10,000.00


Sample Computation

Equity 10%             -- 284,500.00

Misc. fee                -- 190,615.00

----------------------------------

Total Equity           --- 475,115.00

Less Reservation fee --  10,000.00

----------------------------------

Net Equity               -- 465,115.00


Payable in 36months at 0% interest Php 12,919.86


Payment Option:

A. Bank Financing

Balance Loan Value 2,560,500

20yr loan monthly amortization: Php 22,220.61

Net disposable income required = Php 55,552.00

B. In-house Financing

30% DP (12month at 0%) of SP and Balance + Misc. Expenses + Others (5 years at 16% per annum = factor rate 0.0243180557)

Net Disposable Income Required: Php 40,040.00



INITIAL PAYMENT TERMS: (BANK/PAG-IBIG)

  • 20% DP/Equity - payble 24 to 36 months to pay, no interest
  • 80% Balance thru - Bank Financing / Pag-ibig Financing
  • Accredited Banks:  Bank of Commerce; UCPB; Metrobank
  • Note: If house is ready, can move in upon payment of 30% DP/Equity- balance to be issued by Post Dated Checks

INITIAL IN-HOUSE FINANCING:

  • 30% DP - Payable 24 to 36 months, 0 Interest
  • 70% Balance -payable up to 5 years @ 16% Interest (diminishing)
  • Note: If house is ready, can move in upon payment of 30% DP/Equity- balance to be issued by Post Dated Checks

Note:

  • TCR (Misc and Equity) to start on day 30 from reservation
  • Loan values are estimates only, subject to approval
  • Loan amortization does not include
  • Cash price and full downpayment terms subject to 5% discount paid within 30 days
  • Deferred cash available for 2 years at 0%



About Pueblo de Oro developer

       Pueblo de Oro Development Corporation (PODC) is owner-developer of the 360-hectare Pueblo de Oro Township. It is a member of the ICCP Group, a group of companies primarily engaged in investment banking and direct investments, property development and services, and is a joint-venture between Regatta Properties, Inc. (RPI) and Beacon Property Ventures, Inc. (BPVI).

 

       RPI is a wholly-owned subsidiary of the Science Park of the Philippines, Inc.(SPPI). The latter is a pioneer and premier developer of industrial estates which include the Light Industry & Science Park of the Philippines (LISP 1 - 173 has.) in Cabuyao, Laguna; LISP II (68 has.) in Calamba, Laguna; LISP III (133 has.) in Sto. Tomas, Batangas, and the Cebu Light Industrial Park in Mactan (62 has.), Cebu and the Hermosa Ecozone (438 has.) in Bataan. SPPI is owned by prestigious institutional investors like the Investment & Capital Corporation of the Phils. (ICCP), Philippine American Life and General Insurance Company (Philamlife). Mitsui Co. of Japan, Fremont Investors, Inc. (Bechtel Group of Companies), National Development Corporation, Perf Realty Corporation, Panay Electric Company, Inc., Valmora Investment & Management Corp., ICCP Land & Management, Inc. and the ICCP Managers, Inc.

 

       BPVI, in turn, was established primarily to undertake equity investments in selected property development projects. Its major stockholders include Philamlife, Bank of the Philippine Islands, lonics Circuits, Inc., ICCP, Bacnotan Consolidated, Valmora Investment & Management Corp. and Phinma Property Holdings, Inc.