Park Place II: CCLEX neighbor Subdivision in Lapu Lapu City

Discover the hidden gem of Lapu Lapu City, Park Place II, a prestigious residential community by Pueblo de Oro Cebu. Nestled in Sitio Judas Belt, Radar-Naga Road, Babag II, this development offers a blend of modern and innovative homes in a prime location, providing both tranquility and accessibility. With the Cebu-Cordova Link Expressway (CCLEX) T-intersection just a 15-minute drive away, Park Place II ensures a convenient and comfortable lifestyle.

About the Development:
Park Place II showcases the latest in contemporary design, featuring stylish finishes, premium fixtures, and adaptable floor plans. This exclusive suburban development is part of the Pueblo de Oro Community Township, offering residents access to modern amenities and a serene environment.

Subdivision Key Details:
-Minimum Lot Area: 88sqm-141 sqm
-Floor Area: 106.50 sqm
-House Type: Single Attached
-Bedrooms: 3
-Toilet & Bath: 2
-Carport: 1
-Unit Deliverable: Finished Unit
-Price Range: Php 8,274,494.40 - Php 12,099,998.40
-Reservation Fee: Php 40,000
-Total Equity: Php 992,939.33 - Php 1,451,999.81

House Features:
Master’s Bedroom
2 Additional Bedrooms
2 Toilet & Bath
Living Area
Dining Area
Utility Room
Provision for Office Space
Balcony
Carport
Service Area

Subdivision Features & Amenities:
Within Pueblo de Oro Community Township
Access to Pueblo de Oro Townsquare
Elegant, gated entrance with guardhouse
24/7 CCTV and security coverage
Modern clubhouse with stunning views of Mactan Channel, Pilipog River, and CCLEX
Full-sized basketball court
Children’s playground
Wide roads: 12m & 10m primary and 8m secondary
Drainage and wastewater treatment facility

Sample Unit Computation:

Facing West/Sunset (88 sqm Lot Area)
Selling Price: Php 8,274,494.40
85% Balance: Php 7,033,320.24
Amortization (7.5% interest per annum):
5 years: Php 140,931.59/month
10 years: Php 82,720.68/month
15 years: Php 65,146.23/month
20 years: Php 57,080.53/month

Facing West/Sunset (141 sqm Lot Area)
Selling Price: Php 12,099,998.40
85% Balance: Php 10,284,998.64
Amortization (7.5% interest per annum):
5 years: Php 206,091.32/month
10 years: Php 120,971.23/month
15 years: Php 95,246.21/month
20 years: Php 83,455.97/month

Single Detached

Sample Computation:

Single Detached
Lot Area: 176 sqm.
Floor Area: 108.5 sqm.
Total Contract Price: Php 15,555,408.68
Reservation Fee: Php 80,000.00
10% Equity net RF: Php 1,475,540.87
Payable over 18 months: Php 81,974.49
90% Bank Financing : Php 13,999,867.81
Estimated Monthly Amortization @ 7.5% int. p.a.
20years = Php 112,781.98
15 years = Php 129,780.50
10 years = Php 166,180.91
5 years = Php 280,528.63

Total Contract Price is inclusive of VAT and Miscellaneous Expenses.