SOUTH SPRINGS RESIDENTIAL ESTATES (CANLALAY, BIÑAN CITY, LAGUNA)
PROPERTY DESCRIPTION:
SOUTH SPRINGS EXECUTIVE VILLAGE, CANLALAY, BINAN LAGUNA BOUNDARY OF SAN PEDRO along National Road after Pacita Complex
DEVELOPER: STA LUCIA REALTY & DEV., INC
Landowner: Makiling Real Estate & Property Development Corp
MINUTES AWAY FROM SOUTHWOODS EXIT / GRAND PAVILLON MALL / BINAN MEDICAL & NURSING SCHOOL.
IN ITS PRE SELLING STAGE
FEATURES & HIGHLIGHTS:
Entry Statement along the road
Landscaped Grand Entrance Gate w/ guardhouse
Cemented Roads
Concrete Curbs & Gutters
Paved sidewalks
Underground Drainage System
Electrical System w/ Mercury Lamps
Perimeter Wall around the village for exclusive and security.
RECREATIONAL CENTER
Clubhouse w/ Multi-purpose hall
Covered tennis court
Covered basketball court
Mens' & Ladies lockers
Swimming Pool for Adult and Wading pool for Kids
LOT PRICE AND TERMS: (For Joint Venture Lot Shares - Mt. Makiling Real Estate & Property Development, Inc.)
P5,700/sqm + P200/sqm for corner lotsAdd'l 12% Vat for 1.5M and above
LOT AREAS FROM 120SQM, 150SQM AND BIGGER LOTS
DISCOUNTS:
Cash Basis:
20% Disc. On The Total Contract Price If Paid Within 7dys.
15% Disc on the total contract price if paid within 30dys20% Disc. On The Total Contract Price If Paid Within 7dys.
10% Disc. on the total contact price if paid within 60dys
PRICE SAMPLE COMPUTATIONS:
Lot Type Inner
Lot Area 120sqm
Price per sqm P5,700
Total Contract Price 684,000
CASH: 90% OUTRIGHT CASH, 10% BALANCE RETENTION UPON RELEASE OF TITLE
TOTAL CONTRACT PRICE 684,000
90% Outright Down 615,600
Less:20% Disc. if paid in 7dys 123,120
Less:15% Disc. if paid in 30dys 92,340
Less:10% Disc. if paid in 60dys 61,560
10% Balance Retention 68,400
Installment Terms:
PRICE SAMPLE COMPUTATIONS:
Lot Type Inner
Lot Area 120sqm
Price per sqm P5,700
Total Contract Price 684,000
Option I: 15% Down, NO Discount; 85% Bal. payable in 2yrs NO INTEREST
15%down in 7dys no disc. 102,600
85% Balance 581,400
Monthly Amortization 2yrs 24,225
OPTION 2 : 15% Down within 6 months; 85% Bal 5yrs to pay 1st yr NO INTEREST remaining 4yrs w/ 14% int/anum
15% Down in 7dys, no disc. 102,600
Less: Resaervation fee 10,000
6 equal monthly installment 15,433.33
85% Balance 581,400
Monthly Amortization 5yrs:
1st yr NO INTEREST 9,690
Next 4yrs w/ 14% int/anum 12,711.73
OPTION 3: 20% Down w/ Discounts; 80% Balance payable in 30 mos NO INTEREST or 5 yrs to pay 1st yr NO INTEREST remaining 4yrs w/ 14% int/anum
20% Down 136,800
Less: 20% Disc if paid in 7dys 27,360
Less: 15% Disc if paid in 30dys 20,520
Less: 10% Disc if paid in 60dys 13,680
MONTHLY AMORTIZATION ON THE 80% BALANCE:
If 30 mos to pay NO INTEREST 18,240
If 5yrs to pay:
1st yr NO INTEREST 9,120
Next 4yrs w/ 14% int/anum 11,963.90
LOT PRICE AND TERMS FOR DEVELOPERS LOTS (Share of Sta Lucia Realty and Development, Inc.)
Lot Area 159sqm
Price/sqm P5,700
Total Contracxt Price 906,300
PAYMENT SCHEME 1: 5% Disc. on Total Contract Price; Net TCP payable in 12 months NO INTEREST
Total Contract Price 906,300
Less: 5% Discount 45,315
Net TCP 860,985
Monthly installments - 12 mos. 71,748.75
PAYMENT SCHEME 2: 100% Outright Cash w/ 12% Discount on Total Contract Price
TOTAL PRICE 906,300
Less:12% Disc. 108,756
NET TCP 797,544
PAYMENT SCHEME 3: TOTAL CONTRACT PRICE 24 MONTHS PAYABLE, NO INTEREST
Total Contract Price 906,300
Monthly Amort. 24 mos 37,762.50
PAYMENT SCHEME 4: Outright Down up to 7days w/ 20% Disc. on DP, 80% in 2 yrs NO INTEREST
20% Down 181,260
Less: 20% Discount 36,252
Net downpayment 145,008
80% Balance 725,040
Monthly Amortization:
2 yrs No Interest 30,210
REQUIREMENTS FOR DOCUMENTATION:
1. copy of unexpired valid ID, passport or cedula (husband and wife if married)
2. copy of marriage contract if married
3. 2 kinds of original proof of billings with the same address- Philippine address (Electric bill, water bill, telephone bill, utility bills) not necessarilly under buyers name
4. Special Power of Attorney (SPA) if buying thru representative authorizing the representative to sign in behalf of the buyer
