EAST SUMMIT RESIDENCES Along Ortigas Ave Ext Cainta Rizal Real Estate Philippines

E A S T   S U M M I T    R E S I D E N C E S

Location:  Along Ortigas Avenue Extension, Cainta, Rizal(entrance of Brookside Hills Subdivision)

One ride to Ayala, Ortigas, Araneta business districts, good schools, university belt and 10 shopping malls.

The Property is more than 1.5 hectares, 11 Buildings with clubhouse, parking’s and commercial complex.

The Construction and site development is now on-going. Turn over of units for building - 1 December 2011.

FEATURES:    

5- storey Condo with Elevator
24 hour security
Landscape open spaces, multipurpose hall, swimming pool
Children’s playground, parking space, fitness Gym
PLUS FREE BALCONY PER UNIT.

Units available: 

20 square meter studio unit plus free 1.5 sqm balcony.

40 square meter 2-bedroom unit with 2 free 1.5 sqm balcony.

Ready for occupancy in March 2012.

STUDIO UNIT : 20 SQ.M

1ST FLOOR      =        50,000/SQ.M X 20SQ.M  =  1,000,000
2nd FLOOR      =        50,500/SQ.M X 20SQ.M  =  1,010,000
3RD FLOOR      =        51,000/SQ.M X 20SQ.M  =  1,020,000
4TH  FLOOR      =        51,500/SQ.M X 20SQ.M  =  1,030,000
5TH  FLOOR      =        52,000/SQ.M X 20SQ.M  =  1,040,000

2-BEDROOMS (CORNER UNIT) = 55,000X 40SQ.M = 2,200,000

Payment scheme:  

Very affordable

       Reservation fee for only PHP 20,000.00

               Low down payment

       (10% discount if paid with in 7 days)

               Low monthly amortization 

       (as low as PHP 6,666.67 for the first year)

       Zero percent interest on the first year

SAMPLE COMPUTATION

Unit area: 20 square meter

Price per square meter:          PHP 50,000.00

Total contract price:                PHP 1,000,000.00

20% down payment and balance payable in 5 and 10 years with no interest the first year

Down payment (20%):                                     PHP 200,000.00

Less: 10% discount if paid with in 7 days         PHP   20,000.00

Less: Reservation fee                                        PHP   20,000.00

 Net down payment                                          PHP  160,000.00

80% Balance

 Monthly amortization for 5 years: first year no interest    PHP 13,333.33

                   next 4 years with 14% interest (.02733)       PHP 17,491.20

Monthly amortization for 10 years: first year no interest   PHP  6,666.67

                   next 9 years with 14% interest (.01633)       PHP 11,757.60

Sample computation two bedroom unit:

Unit area: 40 square meter

Price per square meter: PHP      55,000.00

Total contract price:      PHP 2,200,000.00

20% down payment and balance payable in 5 and 10 years with no interest the first year

Down payment (20%):                                     PHP 440,000.00

Less: 10% discount if paid with in 7 days         PHP   44,000.00

Less: Reservation fee                                        PHP   20,000.00

Net down payment                                          PHP  376,000.00

80% Balance

Monthly amortization for 5 years: first year no interest    PHP 29,333.33

                   next 4 years with 14% interest (.02733)      PHP 38,480.64

Monthly amortization for 10 years: first year no interest   PHP 14,666.67

                   next 9 years with 14% interest (.01633)       PHP 25,866.72

Note: Miscellaneous fee 5.5% of the Total Contract Price

For Appointment, Site Tripping, and Reservation! Please contact me. Thank you!

Elena "Baby" Leano

•  FESI- Rising Sun 777-E (VP)
• Mobile:   +639193595063          
•  Landline Number:   +632-9426345      
•  Email Address:  miccikhane@sbcglobal.net