RIDGEWOOD HEIGHTS ( Residential Estate )
TAGAYTAY
DEVELOPER: STA. LUCIA REALTY & DEVELOPMENT, INC.
** Cool weather, balmy winds & foggy mists create the all year vacation ambience for the TAGAYTAY resident. At 2,500 feet above sea level, one can always find in TAGAYTAY the perfect picnic spot, colorful flower gardens, & the treasure that is Taal.
** Located along Tagaytay-Nasugbo National Highway,Ridgewood Heights is only 90 minutes from the City of Makati.
Features and Amenities:
12 Hectares of prime real estate
Entry statement along National Road
Entrance gate and guardhouse
Clubhouse
Basketball
Badminton court
Swimming pool
Childrens playground
Landscaped open spaces
Concrete road network
Meralco electrical power
Centralized water system
Underground drainage system
TERMS:
ALTERNATIVE 1( 15% DOWNPAYMENT 6 MONTHS TO PAY ) 85% BALANCE 5 OR 10 YRS. TO PAY @ 14% INTEREST P.A
ALTERNATIVE 2 ( 20% DOWNPAYMENT - 3 MONTHS TO PAY ) 80% BAL. 5 0R 10 YRS. TO PAY @ FIRST YR. NO INTEREST
ALTERNATIVE 3 ( 20% OUTRIGHT DOWNPAYMENT ) 80% BALANCE PAYABLE IN 2 YRS. TO PAY ZERO INTEREST
Sample Computation: Residential lot only ( Lot range229 sqm. , 240 sqm. & 300 sqm. up )
INNER LOT INNER LOT
LOT AREA 240 sqm. 229 sqm.
PRICE/SQM. P 5,500 P 5,500
TOTAL CONTRACT PRICE P 1,320,000 P 1,259,500
ALTERNATIVE 1 ( 15 % DOWNPAYMENT )
OPTION 1
15% DOWNPAYMENT P 198,000 P 188,925
LESS RESERVATION FEE P 5,000 P 5,000
10% DISCOUNT WITH IN 7 DAYS P 19,800 P 18,892.5
NET DOWNPAYMENT P 173,200 P 165,032.5
OPTION 2
15% DOWNPAYMENT PAYABLE IN 6 MONTHS P 198,000 P 188,925
LESS RESERVATION P 5,000 P 5,000
NET DOWNPAYMENT P 193,000 P 183,925
MONTHLY FOR 6 MONTHS P 32,166.70 P 30,654.20
85% BALANCE P 1,122,000 P 1,070,575
MONTHLY AMORTIZATION
SCHEME A.
5 YEARS TO PAY @ 14% INTEREST P.A P 26,108.94 P 24,912.30
SCHEME B.
10 YEARS TO PAY @ 14% INTEREST P.A P 17,424.70 P 16,626.03
NOTE: DOWNPAYMENT 6 MOS. INSTALLMENTS COVERED BY POSTDATED CHECKS
ALTERNATIVE 2 ( 20% DOWNPAYMENT )
OPTION 1
20% DOWNPAYMENT P 264,000 P 251,900
LESS RESERVATION FEE P 5,000 P 5,000
10% DISCOUNT WITH IN 7 DAYS P 26,400 P 25,190
NET DOWNPAYMENT P 232,600 P 221,710
OPTION 2
20% DOWNPAYMENT PAYABLE IN 3 MONTHS P 264,000 P 251,900
LESS RESERVATION P 5,000 P 5,000
NET DOWNPAYMENT P 259,000 P 246,900
MONTHLY FOR 3 MONTHS P 86,333.33 P 82,300
80% BALANCE P 1,056,000 P 1,007,600
MONTHLY AMORTIZATION
SCHEME A.
5 YEARS TO PAY
FIRST YEAR NO INTEREST P 17,600 P 16,793.33
2ND TO 5TH YEAR @ 14% INTEREST P.A P 23,088.40 P 22,030.20
SCHEME B.
10 YEARS TO PAY
FIRST YEAR NO INTEREST P 8,800 P 8,396.70
2ND TO 10TH YEAR @ 14% INTEREST P.A P 15,520. P 14,808.70
NOTE: DOWNPAYMENT 3 MONTHS TO PAY COVERED WITH POSTDATED CHECKS
FIRST YEAR NO INTEREST COVERED BY MONTHLY POSTDATED CHECKS
ALTERNATIVE 3 ( 20% OUTRIGHT DOWN )
20% DOWNPAYMENT P 264,000 P 251,900
LESS RESERVATION FEE P 5,000 P 5,000
10% DISCOUNT IN OUTRIGHT DOWN P 26,400 P 25,190
NET DOWNPAYMENT P 232,600 P 221,710
80% BALANCE P 1,056,000 P 1,007,600
MONTHLY AMORTIZATION
2 YRS. TO PAY ZERO INTEREST P 44,000 P 41,983.33
NOTE: COVERED BY 24 MONTHLY POSTDATED CHECKS
NOTE: Thru in-house finance
** Discounts on downpayment
- 10% discount if paid w/ in 7 days
- 7% discount if paid w/ in 1 month
- 5% discount if paid w/ in 2 months
- Zero discount if paid w/ in 3 to 6 months
For inquiries / site visit:
Contact person: Mr. Galvez
Cell. no.: 0921 - 2558005 / 0905 - 3228860
Landline: ( 02 ) 583 - 2695
Email: angelito_galvez@yahoo.com
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