CITYHOMES MANDAUE SUBDIVISION FOR SALE
Alinsug, Mandaue City, Cebu
The Grandland Incorporated in Cebu, have developed an affordable residential real estate subdivision project in the best location of Mandaue City. It proudly name its house and lot subdivision package called City Homes Mandaue housing that will provide your family the classy southern comfort they deserve to live in. It is where possessing a home affords you a daily experience of real community living. Your families can enjoy the benefits of space, natural light and better ventilation where City Homes Mandaue property are accessibly located just a few minutes away from commercial establishments, schools, hospitals and churches, ensuring that the resident’s basic needs are provided for the whole life residing.
City Homes Mandaue is located at the slightly elevated area of Jagobiao, Mandaue City, which enough to prevent suffering from floods. It is privately exclusive townhouse community with a total land area of 6,155 square meters.
Grand Land Inc. is the residential property development arm of the Gaisano Grand Group . It is tasked to develop single detached houses, townhouses, and condominium projects around Visayas and Mindanao.
Grand Land Inc. vision is to change the way people see residential communities with their projects that don’t only offer a roof above their head, but a lifestyle that will nurture and give memories to the Filipino Family. They want to give their buyers not just a living space, but a place they will always call their home forever ensuring the good value appreciation.
Construction to start: 4th Quarter of 2012
Target completion: 4th Quarter 2014 (2 years)
Theme: Modern Homey Architecture
City Homes Mandaue will provide your family the upscale southern comfort they deserve. It is where owning a home affords you a daily experience of real community living. Families can enjoy the benefits of space, natural light and better ventilation. City Homes Mandaue are conveniently located. just a few minutes away from commercial establishments, schools, hospitals and churches, ensuring
that the resident’s basic needs are provided for.
City Homes Mandaue is located at the slightly elevated area of Jagobiao, Mandaue City. It is an
exclusive townhouse community with a total land area of 6,155 squre meters.
Features:
-- Fully-furnished Units
-- Carport Provision
-- Gated Entrance
-- 24-hour Security
-- Mini Clubhouse
-- Perimeter Fence
Facilities:
-- Water Tank & Cistern
-- Electricity & Water Lines
-- Provision for Tel & Cable
-- Individual Septic Tank
-- Drainage System
-- Concrete Roads & Gutter
(Transfer Charges: 3% of the Selling Price)
STARTER HOME UNIT
-- 2 bedrooms
-- 2 bathrooms
-- Lot Area: 50.15 SQM
-- Floor Area: 52 SQM
Total Contract Price: PHP 2,267,854.00
Reservation Fee: 15,000.00
BANK FINANCING Estimated Computation
20% Equity: 453,570.00 ( 2 years to pay without interest )
2 years to pay ammortization - 18,273.78/mo.
80% Balance: 1,814,283.20 ( thru Bank Financing ) at 9.25% interest rate with yearly re-pricing.
15 years to pay - 18,672.42/mo. ( net income required = 56,017.26/mo. age limit not more than 45 years old )
PAG-IBIG FINANCING Estimated Computation
30% Equity: 680,356.20 ( 2 years to pay without interest )
2 years to ammortization - 27,723.17/mo.
70% Balance: 1,587,497.80 ( thru Pag-ibig Financing ) at 12.25% interest rate with 30 years re-pricing.
30 years to pay - 16,635.23/mo. ( gross income required = 55,450.21/mo. age limit not more than 40 years old )
FAMILY HOME UNIT
-- 3 bedrooms
-- 2 bathrooms
-- Lot Area: 57.40 SQM
-- Floor Area: 63 SQM
Total Contract Price: PHP 2,746,392.00
Reservation Fee: 15,000.00
BANK FINANCING Estimated Computation
20% Equity: 549,278.40 ( 2 years to pay without interest )
2 years to pay ammortization - 22,261.60/mo.
80% Balance: 2,197,113.60 ( thru Bank Financing ) at 9.25% interest rate with yearly re-pricing.
15 years to pay - 22,612.47/mo. ( net income required = 67,837.41/mo. age limit not more than 45 years old )
PAG-IBIG FINANCING Estimated Computation
30% Equity: 680,356.20 ( 2 years to pay without interest )
2 years to ammortization - 27,723.17/mo.
70% Balance: 1,922,474.40 ( thru Pag-ibig Financing ) at 12.25% interest rate with 30 years re-pricing.
30 years to pay - 20,145.41/mo. ( gross income required = 67,150.71/mo. age limit not more than 40 years old )
Payment Schemes:
1. SPOT CASH - 90% Spot cash with 7% discount; 10% Retention (paid upon turnover of the unit)
2. 30% SPOT DOWN PAYMENT with 5% discount; 70% Balance can be paid thru Bank Financing or Pag-ibig Loan.
3. 100% Deferred Cash - Total contract price is paid within 18 months without interest.
Buyer's should be accompanied by broker/agent for security purposes!
UPDATED AS OF JANUARY 14, 2013
- SOLD OUT UNIT
UPDATED AS OF JANUARY 14, 2013