21/08/2013
PRE-SELLING TOWNHOUSE - townhouse being sold before its completion or during its construction.
BENEFITS
* Cheaper Prices
* More Options
* Flexible Payment Schemes
* An Investment
**Cheaper Prices - cheaper than the finish unit because of it's much lower introductory price.
** More Options - you get to choose your preferred unit size & location, better views
**Flexible Payment Schemes - developers offer flexible schemes.
**An investment - the market value of a townhouse can increase by the time they are finished.You can either resell the finished units for twice the price you invest when they were in the pre-selling stage.
PRICES & TERMS
Unit #:
Unit
Lot Area
Floor Area
Rooms
Garage
Price
Unit A
3 Storey
56 sqm
100 sqm
3 Bedroom | 3 T&B
1 car garage
4.5M w/ own gate
Unit B
3 Storey
36 sqm
81 sqm
2 Bedroom | 3 T&B
1 car garage
3.3M
Unit C
3 Storey
36 sqm
81 sqm
2 Bedroom | 3 T&B
1 car garage
3.3M
Unit D
3 Storey
36 sqm
81 sqm
2 Bedroom | 3 T&B
1 car garage
3.3M
Unit E
3 Storey
36 sqm
81 sqm
3 Bedroom | 3 T&B
1 car garage
3.8M
Unit F
3 Storey
44 sqm
99 sqm
3 Bedroom | 3 T&B
1 car garage
3.8M
Unit G
3 Storey
50 sqm
112.5 sqm
3 Bedroom | 3 T&B
1 car garage
4.5M
Unit H
3 Storey
50 sqm
112 sqm
3 Bedroom | 3 T&B
1 car garage
4.5M
Unit I
3 Storey
56 sqm
100 sqm
3 Bedroom | 3 T&B
1 car garage
4.5M w/ own gate
SAMPLE COMPUTATION
Total Investment Value: Php 3,300,000.00
Reservation Fee: Php. 100,000.00
40% Initial Investment in 6 months: Php. 203,334.00
Bank Financing:
5 years @ 8%: 40,147.00
10 years @ 8%: 24,023.00
15 years @ 8%: 18,922.00
MBTC Fixed Rate for 1 year; yearly repricing after the fixing period
Misc. Fees: Php 80,000.00
DOCUMENTARY REQUIREMENTS FOR BANK FINANCING
2 Government Issued ID s (Passport, SSS, GSIS, Voter's ID, Postal, TIN, NBI, PRC ID, Driver's License)
Tax Identification Number (TIN)
Marriage Contract (married); Birth Cert. (single)
Annulment/Divorce paper (separated)
Postdated Checks (PDCs)
For Bank Financing
If Applicant Is Locally Employed:
Latest Certificate of Employment and Compensation
Latest BIR form 2316 or ITR
Latest 3 months Payslip
If Applicant Is Self-Employed:
Business Registration from DTI or SEC
Articles of Incorporated and by-laws (if Corp.)
Financial Statements / Latest 2 years ITR
Latest 6 months Bank Statements
If Applicant Is Overseas Filipino Worker (OFW):
Special Power of Attorney (Bank Form) consularized by the Philippine Consular Office
Consularized or Verified Employment Contract and/or Certificate of Employment and Compensation (COEC) with Payslips attached (as deemed necessary)
Proof of remittances/allotment with any local bank.
Latest 6 months payslip
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