South Springs! Where real living begins!

SOUTH SPRINGS RESIDENTIAL ESTATES (CANLALAY, BIÑAN CITY, LAGUNA)

South Springs the only first class residential subdivision along Biñan’s National Highway. The 50-hectare residential estate is a welcome respite from your busy lives. You can sit back and relax amidst the calming backdrop of nature. With an excellent security system, your home at South Springs is a haven of peace and serenity.

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 lots
Add'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 30dys
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