8 Spatial Davao - Maa Road, Davao City

Residential Condominium


For Announcement Purposes only.

Entrance View of 8 Spatial Davao (Perspective view only)

Entrance Gate of 8 Spatial Davao (Perspective view only)

8 Spatial Davao
→ A mid-rise condo community strategically located in Davao City.
Wide courtyard to enjoy with spacious units and generous common areas.
There’s more than enough room for the family to enjoy.
This is a modern urban living at a price easily within your reach.

8 Spatial is located in Maa Road, Maa, Davao City.
It's just a few meters from MC Arthur Highway in Matina, Davao Coty.
This puts you in the best position to discover the best things life has to offer.

Will be launch soon!!
Interested buyer may submit the Letter Of Intent (LOI)  to buy.
Get to choose your preferred condo unit location now..


Project Details:
Development Name: 8 Spatial Davao
Property Type: Residential Condominium

Project Density
8 (6-storey) Mid-rise Building
192 units in a building
32 units in one floor

Reservation Fee - ₱10,000.00

Amenities of 8 Spatial Davao (Perspective View Only)

The Clubhouse of 8 Spatial (Perspective View Only)

For Announcement Purposes only.

For more details and free siteviewing:

Call/Text:

0932 861 2773 (Sun / Viber)

0917 791 8635  (Globe)

Look for Ree


E-mail us:
Gmail: realree888@gmail.com
Yahoo: realree888@yahoo.com

Facebook user:

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Amenities

Unit Floor Plan

E-mail me:

yahoo: realree888@yahoo.com

gmail: reyamante04@gmail.com


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More space to explore.

Proximity:

• Highly accessible via Maa Road.
• Near in NCCC Mall of Davao 
• Near in SM City Davao Ecoland
• Near the Shopping center like S&R Membership Shopping.
• Leisure hub like Matina Town Square

Near major schools and universities:

• Ateneo de Davao University
• University of Mindanao 
• Philippine Women’s Univerisity

Near BPO's

• Matina IT Park
• NCCC Mall BPO (Opinionology, Watts & etc.)
• SM City Davao Ecoland (Teleperformance)

Site Map of 8 Spatial Davao

Aerial View of 8 Spatial Davao (Perspective View Only)

For Announcement Purposes only.

Note:
All details are subject to change without prior notice and do not form part of an offer or contract.

For more details and free siteviewing:

Call/Text:

0932 861 2773 (Sun / Viber)

0917 791 8635  (Globe)

Look for Ree


E-mail us:
Gmail: realree888@gmail.com
Yahoo: realree888@yahoo.com

Facebook user:

add me up Davao Homes (Ree Amante)

Like my page Davao Homes

Follow me on Twitter:  @davao_homes

Follow me on Instagram: Davao Homes 888

CELERINA HEIGHTS - Indangan, Buhangin District, Davao City

===================
Update: Feb. - March 2015
===================

All units sold...

Model House # 2
House Type: Bungalow

Lot area : 180 sq.m. 
Floor area : 73.25 sq.m.
3BR | 2TB

Total Package Price : Php 3,912,000.00

Bank Financing 
1.) 10 % Downpayment:  Php 391,200.00
Less: Reservation fee: Php 50,000.00
Downpayment Balance: Php 341,200.00
Downpayment payable in 6 mos: Php 56,866.00

2.) 90% Estimated Loanable: Php 3,520,800
Estimated Monthly Amortization:
  5 years  -  Php 69,716.00
10 years - Php  40,879.00
15 years - Php  32,645.00


Note:
*Loanable amount is subject for Loan Approval.

*Computation for In-house Financing, Call us..
*Contact us for available RFO unit.
*Prices are subject to change without prior notice.

Actual House ( but not exactly MH#1)

Model House #1
House Type: Bungalow

Lot area : 180 sq.m. 
Floor area : 61.29 sq.m.
3BR | 2TB

Total Package Price : Php 3,198,000.00

Bank Financing 

1.) 10 % Downpayment:  Php 319,000.00
Less: Reservation fee : Php 50,000.00
Downpayment Balance: Php 269,800.00
Downpayment payable in 6 mos: Php 44,966.00


2.) 90%  Estimated Loanable: Php 2,878,200.00
Estimated Monthly Amortization:
  5 years  -  Php 56,991.00
10 years - Php  33,418.00
15 years - Php  25,870.00


Note:
*Loanable amount is subject for Loan Approval.

*Computation for In-house Financing, Call us..
*Contact us for available RFO unit.
*Prices are subject to change without prior notice.

LOT ONLY :

Lot area: 180 sq.m. 

Lot  Cutting: 180 sq.m. (regular) 
Selling Price:  Php7,000/sq.m.


SAMPLE COMPUTATION:

Lot area : 180 sq.m. 

Price: Php 7,000.00 / sq.m.

Total Price: Php 1,260,000.00
Reservation fee: Php 30,000.00

30% DP : Php 378,000.00 
DP payable in 3 mos: Php 126,000.00


MONTHLY AMORTIZATION:

In-House Financing:
1st   yr. (0 %)   -  Php 73, 500.00
2nd  yr. (15%)  -  Php 42,765.23
3rd  yr. (15%)  -  Php 30,574.82
4th  yr. (18%)  -  Php 25,908.75
5th  yr. (18%)  -  Php  22,397.01

BANK Financing:
  5  yrs.  -  Php 18,739.89

10 yrs.  -  Php 12,149.55

===================
Update: Dec. 2, 2014
===================

Sample Computation:

House type: Bungalow
Lot area: 180 sq.m.
Floor area: 73.25 sq.m.

3 bedrooms
2 toilet and bath


Package Price: Php 3,170,000.00

Bank Financing:
10% Downpayment: Php 317,000.00
Less reservation: Php 50,000.00

Downpayment Balance: Php 267,000.00
Payable in 6 months at: Php 44,500.00


90% Estimated Loanable Amount: Php 2,853,000.00
Estimated monthly amortization:
 5 yrs:  Php 56,492.82
10 yrs: Php 33,125.75
15 yrs: Php 25,643.57

Transfer of Title: Php 96,520.56
Processing Fee: Php 7,000.00
Bank Charges: Php 7,000.00


Spot Cash: Php 2,945,598.00





========================
HLURB LTS No. 26607
========================

HLURB License To Sell no. 26607


Published on: 4/16/14, 6:23 AM | Philippines Time


Celerina Heights Indangan

— a mid-cost subdivision develop by Santos Land Development Corporation. 

A middle class subdivisions in the northside of the City.
It offers a "ready for occupancy" (RFO) unit.
Located in Indangan, Buhangin District, Davao City.

Very near to the upcoming Northbound Terminal of Davao City.

THE ENTRANCE GATE  (near completion)

========================
HLURB LTS No. 26607
========================


House Features:
• Floor: tiled
• Window: sliding window w/ grills
• Ceiling: hardiflex w/ heat insulator
• Built-in cabinet in all bedroom and kitchen

• House fence (steel gate)

• Laundry area

• Carport

• Simple landscaping

========================
HLURB LTS No. 26607
========================

 Subdivision Features:

• Clubhouse
• Concrete roads & side walks
• Underground drainage

• Gated community
• Children's playground
• Basketball court

========================
HLURB LTS No. 26607
========================

Project Brief Info:
Gross Area: 7.6 hectares
Category:  Economic Housing (BP 220)
For Sale: House & Lot Package and Lot only
4 Model Houses to choose from



========================
HLURB LTS No. 26607
========================

Previous Project: (from present to past)
Ilumina Estates
La Vista Monte
Priscilla Estates
Cecilia Heights
Remedios Heights
Nova Tiera Village
El Rio Vista Village

========================
HLURB LTS No. 26607
========================

For more details and free siteviewing:

Call/Text:

0932 861 2773 (Sun / Viber)

0917 791 8635 (Globe)

Look for Ree


E-mail us:
Gmail: realree888@gmail.com
Yahoo: realree888@yahoo.com

Facebook user:

Add me up Davao Homes (Ree Amante)

Like my page Davao Homes

Follow me on Twitter:  @davao_homes

Follow me on Instagram: Davao Homes 888

PAG IBIG Housing Loan VS A Bank Loan: A Comprehensive Guide to Home Buying

Having their own house is the ultimate dream of every Filipino family. But the truth is,  most of those who plan to purchase a house do not have a ready cash to pay for it, or even if they have, they would prefer to apply for a loan to complete it.

Saving for your first home purchase may take for a couple of years, and by the time that you are ready for it, the house that you wanted must have long been sold. Or the value of your money can no longer purchase the same quality house you’d always wanted. You might want to consider applying for a housing loan to realize your dream.

When we hear of  a housing loan, Home Development Mutual Fund or commonly known as PAG IBIG housing loan fund comes first to our mind. We definitely will not miss it because a small amount from our salary is deducted to pay for our monthly contribution. Providing loan to finance our houses is one of the services provided by the institution.

If you are shopping around for the best house to buy, you might want to shop around for housing loan provided by banks too because you might find a better deal. Many of us are a bit intimidated to inquire from banks, we may be thinking of higher interest rate, stricter requirements, or lesser chance that the loan may be approved.

Some home purchasers prefer bank services when it comes to housing loan for a reason or two. And some would prefer PAG IBIG housing loan. Let us compare what each offers on every factor we need to consider arriving at a sound decision.

Qualifications

PAG IBIG	BANKS
Must be a member, and must have 24 monthly contributions to qualify. Members can pay 24 months in lump sum Not more than 65years old No existing multi-purpose loan in arrears No other PAG IBIG housing loan that had been foreclosed, cancelled or bought back	No membership needed, no contributions required, no need to have a savings account Must be Filipino citizen, or have a Visa requirement for foreigners Must have a monthly family income of Php40,000.00 Must have a stable source of income, must have stayed at least 2 years in the current company or have 3 years of profitable operation if running a business or practising profession.

 Loan Purposes

PAG IBIG	BANKS
Can be used to purchase a lot not exceeding 1,000 sq. meters. Can be used to purchase town house or condominium. Can be used to complete construction. Re-financing.	Can be used to purchase a town house, condominium unit. Can be used to finance house construction. Can apply for re-financing. Also offer home equity service.

How Much You Can Borrow

PAG IBIG	BANKS
Maximum of Php 6,000,000.00 Subject to other qualifiers like the actual need of the member, capacity to pay.	Some banks offer minimum of Php 300,000.00 some offer minimum of Php 500,000.00.

Loan Appraisal Value Ratio

PAG IBIG	BANKS
Loans not lower than Php 400,000, 100% Loans more than Php 400,000.00, 90%	1. Some banks offer 80% – 90%, some banks offer as low as 70%.

Interest Rates

PAG IBIG	BANKS
6.98% for the first three years, subject to re-pricing up to 11.37%	Some banks offer as low as 5.50% for the first year, subject to re-pricing. Some banks offer fixed rate of 7.5% for the first 5 years also subject to re-pricing. Due to regular re-pricing, on 20th year, banks offer an average of 12% interest rate.

Repayment Process

PAG IBIG	BANKS
Maximum of 30 years	5 –  35 years

Requirements

PAG  IBIG

BANKS

Pag Ibig Housing Loan Application Form Membership Status Verification Slip TCT/CCT in the name of the borrower Photocopy of the New Tax Declaration Collection Servicing Agreement or Post dated checks Proof of billing address  Notarized Loan and Mortgage Agreement Notarized Promissory Note Disclosure Statement on Loan Transaction Occupancy Permit (if applicable) Building Plans (if applicable) Deed of Absolute Sale (if applicable)

Application form Photocopy of government issued ID with photo & signature Marriage contract if applicable Alien Certificate of Registration for foreigners ITR for employees Last 3 months of payslips or Certificate of employment for employees Business Registration Papers for businessmen Financial Statements  for businessmen Bank Statements for businessmen Trade References for businessmen Lease Contracts or copy of Title for businessmen Photocopy of TCT/CCT Building plan with vicinity map Master of Deed of Declaration of Restrictions for condominiums Building plan for construction Bill of materials and Labor Cost Staement of Account for Refinancing

Miscellaneous Fees

PAG IBIG	BANKS
Php 1,000 during loan application Php 2,000 before the release of loan	Appraisal Fee of Php3,500 – Php 4,000.00 Handling Fee of Php 5,000.00 Notarial Fee of Php 500 Registration Fee Doc Stamps Tax

Insurance Needed

PAG IBIG	BANKS
Insurance premium will be included in monthly amortization	MRI or Mortgage Redemption Insurance in the case of death before the full payment of the loan Fire Insurance

Processing Time

PAG IBIG	BANKS
15 business days	5 – 7 business days

source: imoney.ph