ROYAL OCEANCREST - 1 BEDROOM UNIT in Basak, Lapu-lapu City, Cebu

DESCRIPTION
Name of Project: Royal Oceancrest- 1 Bedroom
Locationg: Sudtunggan Road, Brgy. Basak Lapulapu City

DHSUD LTS No. LS-07-20-011

Your Gateway. Your Getaway.

From your reliable partner comes another grand undertaking. Primary Homes is proud to bring to you Royal Oceancrest Mactan, the first mixed-use community development in the heart of Mactan Island. This ambitious development prides itself in being a safe and secure haven of wellness and leisure for investors. Armed with a healthy combination of well-constructed units, modern amenities, and a strategic location, Royal Oceancrest Mactan is in the unique position of being the first of its kind in Primary Homes’ track record of successful developments. All of these factors combined add up to making Royal Oceancrest Mactan your gateway, your getaway.

More than anything, by investing in Royal Oceancrest Mactan, you are also investing in an experience – one that is unlike anything else on the market today. When you invest in a property, you always want to make sure that you are getting the most out of it. This is why Royal Oceancrest Mactan is very proud to offer its investors the unique opportunity to choose the 3G Edge: the Getaway of Your Dreams, Gateway to New Experiences, and Great Investment Deal.

Landmarks/Accessibilities:
walking distance from Gaisano Grand Mall Mactan
5 minutes drive going to Mactan Doctors Hospital
10 minutes drive going MEPZ
15 minutes drive going to Mactan Airport


Transportation Details:
Motorcycle and Tricycle from condominium to highway
PUJ (Public Utility Jeep) going to schools, malls and hospitals

PROPERTY DETAILS/FEATURES
Floor Area: 28 Sqm
1 Bedroom
1 Toilet And Bath
Living Area
Dining Area
Kitchen Area
Painted Walls And Ceiling
Plain Cement Finish
Kitchen Counter With Sink
Under Counter Cabinets
Tiled Floor In T & B
Bathroom Fixtures
Bedroom Partitions Not Included

PAYMENT FINANCING SCHEME/COMPUTATION
Building C
Sample Computation for Bank Financing
Total Selling Price: Php 2,282,160
Reservation Fee: Php 20,000 (deductible from downpayment)
20%Equity/Downpayment: Php 436,432 payable for 36 months
Php 12,123/month
80% Loanable Amount: Php 1,825,728

Estimated Bank Loan Computation
* 20 years @ Php 12,559/month
* 15 years @ Php 14,918/month
* 10 years @ Php 19,814/month
* 5 years @ Php 34,874/month

Sample Computation for Pagibig Financing
Total Selling Price: Php 2,282,160
Reservation Fee: Php 20,000 (deductible from downpayment)
30%Equity/Downpayment: Php 664,648 payable for 36 months
Php 18,462/month
70% Loanable Amount: Php 1,597,512

Estimated Pagibig Loan Computation
* 30 years @ Php 8,946/month
* 25 years @ Php 9,691/month
* 20 years @ Php 10,877/month
* 15 years @ Php 12,947/month
* 10 years @ Php 17,238/month
* 5 years @ Php 30,422/month

Sample Computation for Inhouse Financing
Total Contract Price: Php 2,179,163
Taxes and Other Related Charges: Php 102,677
Total Selling Price: Php 2,282,160
Reservation Fee: Php 20,000 (deductible from downpayment)
5.5%Equity/Downpayment: Php 99,870 payable for 18 months
1st - 18th month: Php 5,548/month
Taxes and Other Related Charges: Php 102,675 payable for 18 months
19th - 36th month: Php 5,705/month

94.5% Loanable Amount: Php 2,059,592
Inhouse Loan Discount: Php 102,980
Net Loanable Amount: Php 1,956,613

*10 years@ 25,857/month

AMENITIES
2 Elevator Units Per Building
Wide Hallways
Well Ventilated Staircase
Provisions To Telephone Cable And Internet
Closed Circuit Television (cctv) Sytem
Fire Alarm And Sprinkler System With Fire Exits
Standby Generator Set
Overhead Water Tank
Commercial Area
Swimming Pool
Clubhouse With Function Rooms
Fitness Gym
Bamboo Entrance
Play Area
Jogging Path
Guardhouse And Entrance
Manicured Gardens
Grilling Station