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Home > Real estate > Davao > RESIDENCES Condominium

RESIDENCES Condominium

 
It has only been 13 days since the Ground Breaking of the Ecoland Condominium last February 17, 2007, remarkably we sold 37units already as of 9am today March 2, 2007 for ECO4000 Residences Condominium in Ecoland, Davao City. If still interested, we still have 13 more units left... please let us know as soon as possible so that we can make reservations for you. Time table for this condominium building to finish is December 2007, already the turnover of the UNITS. Please take this opportunity to avail of 10% discount on the List Price (until MARCH 16, 2007 ONLY). A price increase shall be expected after that date... RESERVE THE SOONEST TIME POSSIBLE thru given DMCUPD bank account below!!!
A very successful GROUND BREAKING of the first 5-storey ECOLAND4000 RESIDENCES CONDOMINIUM beside SM City Mall, Davao City, last February 17, 2007 (SATURDAY), (please see actual photos of the ground breaking ceremony below) 50-units each building. Building A will be constructed first, mostly known as the 'Osaka' building. We give 10% discount on or before MARCH 16, 2007 ONLY. Foreigners can own condominium units. Thus, this property would really be a big hit in the realestate market of Davao City considering this would be the first residential condominium in Davao. We give 7.5% discount if paid in SPOT CASH on top of the promo discount of 10%.
End unit - Inner unit Tandem end unit Vicinity Map
SAMPLE COMPUTATION OF 2 BR UNIT WITH DRYING CAGE, BALCONY (excluding parking lot - separate contract)
Unit No. 303
Area (sqm) 42
Balcony Area(sqm) 4.84
Drying Cage Area (sqm) 7
Total Area (sqm) 53.84
List Price 1,999,157.72
10% discount - PROMO until MARCH 16TH (199,915.77)
Purchase Price 1,799,241.95
Option 1 - SPOT CASH
If Spot Cash (within 7days), discount of 7.5% (134,943.15)
Reservation Fee (50,000.00)
Spot Cash Payment due in 7days 1,614,298.80
If Spot Cash (within 30days), discount of 4% (71,969.68)
Reservation Fee (50,000.00)
Spot Cash Payment due in 30 days 1,677,272.27

Option 2 - 5% Downpayment, Bal in 1 YR

5% Downpayment 89,962.10
95% Balance 1,709,279.85
1 year, 6% int. pa 147,111.56

Option 3 - 10% Downpayment in 3mos.

10% Downpayment 179,924.19
a. with 7.5% discount on DP (13,494.31)
Reservation (50,000.00)
Net Downpayment after reservation fee 116,429.88
OR, DP can be paid in 3 equal months 38,809.96

90% balance for ammortization 1,619,317.75
1 years, 7% 140,114.22
2 years, 16.5% 79,674.32
3 years, 17% 57,733.05
5 years, 18% 41,119.98
7 years, 18.5% 34,510.74
10 years, 19% 30,228.13

Option 4 - 20% Downpayment in 3mos.
20% Downpayment 359,848.39
a. with 7.5% discount on DP (26,988.63)
Reservation (50,000.00)
Net Downpayment after reservation fee 282,859.76
OR, DP can be paid in 3 equal months 94,286.59

80% balance for ammortization 1,439,393.56
1 years, 6% 123,883.42
2 years, 16.5% 70,821.62
3 years, 17% 51,318.27
5 years, 17% 35,772.67
7 years, 18% 30,252.89
10 years, 18.5% 26,400.92

Option 5 - 30% Downpayment in 3mos.
30% Downpayment 539,772.58
a. with 7.5% discount on DP (40,482.94)
Reservation (50,000.00)
Net Downpayment after reservation fee 449,289.64
OR, DP can be paid in 3 equal months 149,763.21

70% balance for ammortization 1,259,469.36
1 years, 6% 108,397.99
2 years, 14.5% 60,768.64
3 years, 15% 43,659.88
5 years, 16% 30,627.90
7 years, 17.5% 26,103.51
10 years, 18.5% 22,693.75
*Price Subject to Change without prior notice
*Post-dated checks required for the DP & Balance of Payment
*Capital Gain Tax - Seller's Account
Doc Stamps Tax, Transfer Fee, Registration & Misc. Fees - Buyer's Account

Reservation fee of Php50,000 per unit only, non-refundable. You can pay the reservation fee and other term payments thru bank to bank, details to follow.
Payments shall be made payable to the following account:

Account name: DMC Urban Property Developers, Inc.
Current Account: 70-02-00983-2
Bank Name: East West Bank, Lanang, Davao City

Total of 42 parking lot spaces in the ground floor, each parking lot is 12.25sqm in area, prices below:

Class Regular - P240,240.24, if paid in spot cash, price is P200,000
Class Superior - P258,258.26, if paid in spot cash, price is P215,000
Class Prime - P276,276.28, if paid in spot cash, price is P230,000

**Not all units have balcony, thus in making a reservation, please specify if you prefer with balcony or not.
PRICE RANGES:

5th - UNITS ALL SOLD OUT
4th - 2BR, 1TB, area-51sqm, END UNIT with balcony, with drying cage, spot cash P1,950,116
4th - 2BR, 1TB, area-42sqm, inner unit, with balcony, with drying cage, spot cash P1,592,452
2nd - 3BR, 2TB, area-93sqm, END UNIT, with balcony, with drying cage, spot cash P3,672,424


Foreigners can get as many condominium units as they can.

Requirements:
1. Filled up Buyer's Information Sheet (attachment #1&2)
2. signed Unilateral Offer to Purchase (attachment #3)
3. Reservation Fee of P50,000
4. Tax Identification Number (i can get 1 for you if you do not have)
5. CTC or Residence Certificate (i can get 1 for if you do not have)
6. Birth/ Marriage Certificate
7. Photocopy of passport and 2x2 ID pictures (2pcs)
8. Post Dated Checks to cover for Down payment and amortization
For Overseas Workers:
1. Contract of Employment
Condominium Specifications:
(Important Notice: Specifications are subject to change without prior notice)
Floor Finishes
**Living, Dining & Kitchen
- Ceramic Tiles with Baseboard
**Bedrooms
- Wood Parquet with Baseboard
**Toilets
- Unglazed Ceramic Tiles

Wall Finishes
**Interior Walls
- Painted plain cement finish
**Toilet
- Painted plain cement finish above tiles

Ceiling Finishes
**Living, Dining, Kitchen, Bedroom, & Stairwell
- Painted plain cement finish

**Toilets
- Painted gypsum board ceiling

Kitchen Area

**Granite finish kitchen countertop with complete cabinet system

Doors
**Entrance / Main Door
- Solid core panel door on metal jamb with aluminum screen door
**Bedroom Door
- Hollow core panel type door on metal jamb
**Toilet Door
- PVC hollow core flush type door on PVC jamb

Windows
**Aluminum framed glass panels with insect screen

Finishing Hardware
**Cylindrical lockset for main entry and bedrooms;
**Cylindrical privacy lockset for toilet and bath doors

*Toilet Fixtures - �HGC� or approved equiv.
*Toilet Exhaust - �Broan� or approved equiv
*Kitchen Sink - �Teka� or approved equiv.
*Lavatory - �HGC� or approved equiv.
*Shower Faucet & Fittings - �China� or approved equiv.
*Soap / Toilet Paper Holder -�China� or approved equiv.
 
Selling price :    [currency converter]
 
Location: Ecoland,Davao City, Philippines
 
Location map : Philippine Map , Location Map
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