DAVAO HOMES 888: ILUMINA ESTATES - Communal, Buhangin District, Davao City

Monday, October 28, 2013

ILUMINA ESTATES - Communal, Buhangin District, Davao City

ILUMINA ESTATES SUBDIVISION
— is a 7.8476 hectares property w/c will be under PD 957 type of development, comprises of 240 saleable lots intended for middle income and high-end clients. This area covers the Phase 1 only and additional area for Phase 2 & 3 is on the pipeline of planning with an area of 152,235 sq.m. and located at the northside of the city, specifically in Communal, Buhangin District, Davao City.

It is a gated community with clubhouse, basketball court, and children’s playground as a basic feature of this project. It has also a similar house design with SLDC's previous project such as Cecilia Heights, Priscilla Estates and La Vista Monte subdivision. A 5 minute away from the Davao International Airport and a 3 minute away from D’Leonor Inland Resort. Few minutes from SM Lanang Premier, Damosa Complex and Abreeza Mall.

PRICE RANGE:

FOR LOT ONLY:

Php 7,000.00/sq.m.

Php 200.00/sq.m. additional charges for corner lot.

FOR HOUSE AND LOT:

Bungalow unit - Php 4,244,000.00 and up

2-Storey unit - Php 6,651,000.00 and up

House Specs:
Walls: Cast-In-Place Concrete Wall System
Roof: Colored Roof
Roof Framing: Steel Trusses
Ceiling: 5mm Plywood With 10mm Aluminum Heat Insulation
Toilet And Bath: Tiled Up To Ceiling (Flush Type Water Closet with Pedestal Lavatory )
Kitchen: Granite Kitchen Counter w/ Hanging Cabinets
Windows: Steel Casement French Windows w/ Grills
Flooring: Polished Granite
Doors: Panel Main Door w/ Auto Finished Paint
Porch: Ceramic Tiles
Main Gate: Steel Gate w/ Exquisite Design
Garage: Concrete w/ Design
Perimeter Fence: Concrete w/ Decorative Grills At The Front
Landscaping: All Soils Covered w/ Grass And Plants w/ Decorative Stones
Other Features: Ready Lines For TV|Cable And Telephone

List of Requirements:
Latest Residence Certificate (3 copy)
BIR TIN Card (3 copy)
Marriage Contract (if married) (2 copy)
Birth Certificate (if single) (2 copy)
Latest 1×1 photo if both husband and wife w/ signature at the back (2 pcs.)
Valid ID with picture and signature (3 copy)
Latest Proof of Mailing Address (1 copy)
Latest 1 month Payslip (1 copy)
Latest Income Tax Return w/ W2 (1 original & 2 photocopy)
Post Dated Checks
Medical Certificate (full medical examination)

Additional Requirements for OFWs:
Latest Certificate of Employment and Compensation duly notarized (4 copy)
Latest Contract of Employment sealed by POEA (2 copy)
Passport (3 copy)

SAMPLE COMPUTATION FOR HOUSE & LOT:

BANK FINANCING:

Model House: MH 10 (Bungalow type)

Lot Area: 186 sq.m.
Floor Area: 73.5 sq.m.

Contract Price: Php 4,244,000.00
Reservation Fee: Php 50,000.00

10% Downpayment: Php 424,400.00
Less: Res. Fee: Php 50,000.00
DP Bal. : Php 374,400.00
3 Monthly Installment: Php 124,800.00

90% Estimated Loanable: Php 3,819,600.00
Est. Monthly Amort. for 5 yrs @ 7.5% int. Php 76,536.95
Est. Monthly Amort. for 10 yrs @ 9.5% int. Php 49,424.69
Est. Monthly Amort. for 15 yrs @ 11.25% int. Php 44,014.95

Transfer of Title: Php 126,131.16
Processing Fee: Php 7,000.00

SPOT CASH within 7 days
Spot Cash Discount: Php 268,589.60
Spot Cash: Php 3,975,410.40

Note:
Prices are subject to change without prior notice.
Exclusive of Mortgage/Fire Insurance and Bank Loan Charges
Installments must be covered with Post Dated Checks (PDC)
Loanable amount is subject to bank approval.
Interest rates at the time of loan release will be applied.
Transfer Fees & Processing Fees due on full downpayment
Extended 6 months downpayment is available for non-RFO units
Lot only packages are available at Php 7,000/sq.m. w/ additional Php 200/sq.m. for corner lot.

Disclaimer:
Prices are subject to change without prior notice.
So, send us some e-mail or pm us in Facebook.

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