Cebu's Best Pre Selling Condo/House and Lot

10/08/2019

✅✅✅OWN A CONDO IN CEBU CITY
FOR AS LOW AS
➡️➡️➡️6k/mo🗝🗝🗝

Price and Computation:

STUDIO UNIT
Indicative Price: PHP 1,900,000.00 - 2,100,000.00

OPTION 1 Normal Payments
Equity: 15% of Unit Selling Price that is php 285,000.00
Reservation Fee: PHP 20,000.00
Net Equity: PHP 265,000.00 payable for 40 months that is PHP 6,625/month

OPTION 2 Ballon Payments
Net equity: PHP 265,000.00
1st-39th month: PHP 6,000.00
40th month: PHP 31,000.00

LOANABLE AMOUNT: 85% of Unit Price PHP 1,615,000.00

Estimated Bank Amortization at 6.5%
20yrs for 12,041/month
15yrs for 14,068/month
10yrs for 18,338/month
5yrs for 31,599/month

PAG-IBIG COMPUTATION
30yrs for 10,075/month
25yrs for 10,778/month
20yrs for 11,922/month
15yrs for 13,957/month
10yrs for 18,235/month
5yrs for 31,504/month

1 BEDROOM UNIT
Indicative Price: PHP 2,200,000.00 - 2,400,000.00

OPTION 1 Normal Payments
Equity: 15% of Unit Selling Price that is php 360,000.00
Reservation Fee: PHP 20,000.00
Net Equity: PHP 340,000.00 payable for 40 months that is PHP 8,500/month

LOANABLE AMOUNT: 85% of Unit Price PHP 2,040,000.00

Estimated Bank Amortization at 6.5%
20yrs for 15,209/month
15yrs for 17,770/month
10yrs for 23,163/month
5yrs for 39,194/month

PAG-IBIG Amortization
30yrs for 12,726/month
25yrs for 13,615/month
20yrs for 15,059/month
15yrs for 17,630/month
10yrs for 23,034/month
5yrs for 39,795/month

29/07/2019

What a great news to start the week! 😍

“We are making it easier for our people to own homes. In this regard, we have developed affordable home financing schemes,” he said.

In the Pag-IBIG housing program, Duterte said the interest rate for socialized housing has been reduced to 3 percent from 4.5 percent; low cost housing to 5.375 percent from 5.5 recent; and housing units under the National Housing Authority to 3 percent from 6 percent.

He said the government has also removed the additional membership contribution requirement for housing loans, thereby lowering monthly amortizations. “Prior to this, housing loan borrowers with loans exceeding P500,000 were required to pay an additional P50 membership contribution for every P100,000 increase in loan or a fraction of it,” he said.

To ensure that beneficiaries have decent and comfortable living spaces, Duterte said they have also increased the minimum floor area of socialized housing.

The government will continue to provide decent and affordable housing to the Filipino people, President Duterte said in his midterm report to the nation.

28/07/2019

The Philippines ranked No. 3 among top countries for business and investments. Survey conducted by CEOWORLD based on workforce, tax policy, trade/monetary freedom, technological readiness, among others.

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30/06/2019

03/06/2019

Advantages of Buying Pre-Selling Properties.

The term “Pre-Selling” is popular these days in the real estate industry. It basically means the property you are buying is not yet built, you are buying something that is to be built or completed in the future.

There are many reasons why developers do “pre-selling.” Some developers do this to help finance the actual construction, while others to ensure that the property becomes sold out once it is completed. This practice is legal and acceptable but has certain conditions, like the procurement of License to Sell by these developers.
For some property buyers, especially the first time buyers, buying an expensive thing that is totally non-existent can really be hard to understand. But as I will enumerate, there are advantages to buying pre-selling properties. Hopefully, this can guide you in your decision to whether or not purchase that property you have in mind. (Although these advantages apply only to those developers that are reputable as I will try to explain later in my next articles.)

1. Affordability
Properties in pre-selling stage is almost always cheaper than if you buy properties which are ready for occupancy (RFO). Some are even half the price! One of the reasons for this is that your are buying something which still does not exist. You can’t use the home just yet! It takes faith in the developer for you to give them your money even with this fact, so the buyer is rewarded with lower price.
Most people are put off by the fact that they need to wait two or more years before they can use the property they purchase, but are surprised when they realize that properties that are RFO are much more expensive and the available units are too few. Planning ahead can really save you a lot of money.
Another way that makes buying pre-selling properties more affordable is that these properties offer easier payment schemes. Some gives you the option to pay the contract price in equal installments until the property is RFO at no interest! Others give “special/promo payment schemes” that basically makes it very easy for the buyer to purchase.

2. Good Investment
To illustrate how buying properties in pre-selling stage can be a good investment, let us assume that the year is 2007. Property A is in pre-selling stage and it’s selling price is 2 Million. Let us also assume that you chose to pay in deferred cash or around PHP27,000.00 for seventy two months (five years). This year, 2012, the property is turned over to you, and you have fully paid the 2 Million already. If the current selling price of your property this year is 3 Million, you have basically earned 1 Million in just five years by buying in pre-selling! Even if you consider inflation rate, that is still a good investment.

3. More Choices
When you buy a project that is in pre-selling stage, you can choose the unit that you really like, one that is perfect for you. You want the side with sunset, the corner unit, the unit with the lucky number... these are all possible only during pre-selling stage when there are still only a few buyers and the units available are plenty. This is unlike when you go to a prop that is already RFO, the units left available are almost always the not so good ones. Buying a property is one of the single most expensive purchase for most of us, surely you wouldn’t settle for anything that is less than the best.
-end-

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05/04/2019

‼️ Close to everything that matters ‼️

As low as 7,384 monthly equity

✔️ Walking distance to Pueblo Verde
✔️ Walking distance to MEPZ2
✔️ Walking distance to SM Hypermart

PM for inquiries and reservations.