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Modena Subdivision located in Basak Lapu Lapu City,Mactan Island

A 2 Storey Single Attached

MODENA SUBDIVISION located in Basak Lapu-Lapu City.

Developed by King Properties, a dream of modern living with 6 beautiful model houses to choose lies around 800 meters away from the national highway. Total Subdivision Area is 3.2 Ha. and with total 230 units inside the subsivision.

ADVANTAGES OF BUYING PROPERTY IN MODENA:
* Value for money
* Sound Investment
* Superb Location
* Product Quality
* Reasonable Price
*Accessibility to:
           a) public transportation
           b) utilities (water, drainage, telephone, cable TV, etc.)
           c) Hospitals, churches, schools and malls
           d) Luxury beaches and five star resort hotel

FEATURES AND AMENITIES:
  *Lanscaped Entrance
 * Sophisticated Gate
 * 24-hour Securty
 * Elegant guarhouse
 * Expansive Green Areas
 * Tree-lined concrete roads with Street Signages
 * Cemented curbs and guttersz
 * Underground Drainage
 * Convertible Basketball Court
 * Intricately-designed Multifunctioanal Hall
 * Paved sidewalks and street lamps
 * Power and water supply
 * Communal Parking Areas
 * Lush Parks
 * children's Playground

 * TV Cable and Telephone lines provisions

PAYMENT SCHEME:
Option 1:  Outright Cash Payment on Total Contract Price
                       Reservation Fee: P 30,000.00
                       Full Payment of TCP within 30 days - Less 5% discount
Option 2:  Outright Cash Payment on Equity
                       Reservation Fee: P 30,000.00
                       Outright Payment of Equity within 30 days - Less 2% discount
Option 3:  Regular Equity Payment
                       Reservation Fee: P 30,000.00
                       Equity - should be at least 30% of the TCP
                                   30% of the equity - 30 days from reservation date
                                   70% of the equity - 45 days from reservation  date
Option 4:  Flexible Equity Payment Scheme #1
                       Reservation Fee: P 30,000.00
                       Equity can be paid in six (6) months with zero Interest
Option 5:  Flexible Equity Payment Scheme #2
                       Reservation Fee:  P 30,000.00
                       Equity can be paid in Twelve (12) months with interest.
                                    First 6 months bears no interest
                                    and the second half with 2% Interest per month

ACCREDITED FINANCIAL INSTITUTIONS:
BPI Family Bank; BDO; RCBC; UNONBANK; METROBANK. CHINABANK; PAG-IBIG



Features and Amenities
Site Development Plan
Construction Area
Construction Area 1
Construction Area 2
Construction Area 3
Construction Area 4
Adora Townhouse Model
Details: 

ADORA - House Specifications:
2-Storey, Townhouse
3 Bedrooms
2 Toilet and Bath
Living, Dining, Kitchen
Carport
Floor Area: 67 sq. m.
Lot Area : 60 sq. m.
Total Contract Price: P 2,125,000.00
Reservation Fee: P 30,000.00

SAMPLE COMPUTATION:
A) Flexible Equity Payment Scheme #1:
Total Contact Price - P 2,125,000.00
30% Equity P 637,500.00
Less: Reservation Fee: 30,000.00
Equity Balance P 607,500.00 - 6 ,months to pay @ P 101,250.00/month

B) Flexible Equity Payment Scheme #2:
Equity Balance: P 607,500.00/2
First 6 months P 303,750.00 - 6 months to pay no interest @ P 50,625.00/mo.
Second 6 months P 303,750.00X 12% @ 56,700.00/mo.
70% Balance: P 1,487,500.00
Estimated monthly - 15 years - P 17,141.13/month

NOTE: Reservation Fee of 30,000.00 is non-refundable and non-transferrable
Each room has cabinet already so with the kitchen

Callisto Duplex Unit
Perspective Pictures
Ground Floor Plan
Second Floor Plan
Details: 

CALLISTO Model:
House specifications
2-Storey Duplex
3 Bedrooms
2 Toilet and Bath
Kitchen, Living, Dining
Terrace
Carport
Floor Area: 74 sq. m
Lot Area : 80 sq. m.
Total Contract Price: P2,490,000.00
Reservation Fee: P 30,000.00

SAMPLE COMPUTATION:
A) Flexible Equity Payment Scheme #1:
Total Contact Price - P 2,490,000.00
30% Equity P 747,000.00
Less: Reservation Fee: 30,000.00
Equity Balance P 717,000.00 - 6 months to pay @ P 119,500/month

B) Flexible Equity Payment Scheme #2:
Equity Balance: P 717,000.00/2
First 6 months P 358,500.00 - 6 months to pay no interest @ P 59,750.00/mo.
Second 6 months P 358,500.00X 12% Int.= P 401,520.00 @ P 56,700.00/mo.
70% Balance: P 1,743,000.00
Estimated monthly - 15 years - P 20,085.37/month

Adrina Model House,Single Attached
A 2 Storey Single Attached
Ground Floor Plan
Second Floor Plan
Details: 

House Specifications:
2-Storey, Single Attached
4 Bedrooms
2 Toilet and Bath
Living, Dining, Kitchen
Balcony
Floor Area: 75 sq. m.
Lot Area : 90 sq. m
Total Contracxt Price: P 2,700,000.00
Reservation Fee: P 30,000.00

SAMPLE COMPUTATION:
A) Flexible Equity Payment Scheme #1:
Total Contact Price - P 2,700,000.00
30% Equity P 810,000.00
Less: Reservation Fee: 30,000.00
Equity Balance P 780,000.00 - 6 months to pay @ P 130,000.00/month

B) Flexible Equity Payment Scheme #2:
Equity Balance: P 780,000.00/2
First 6 months P 390,000.00 - 6 months to pay no interest @ P 65,000.00/mo.
Second 6 months P 390,000.00 X 12%= P 436,800.00 @ P 72,800.00/mo.
70% Balance: P 1,890,000.00
Estimated monthly - 15 years - P 21,779.31/month

Adagio Single Attached Model
2 Storey Single Attached
Ground Floor Plan
Second Floor Plan
Details: 

House Specifications:
2-Storey, Single Attached
4 Bedrooms
2 Toilet and Bath
Kitchen, Living, Dining
Service Area
Garage
Floor Area: 76 sq. m.
Lot Area : 108 sq. m.
Total Contact Price: P 2,900,000.00
Reservation Fee: P 30,000.00

SAMPLE COMPUTATION:
A) Flexible Equity Payment Scheme #1:
Total Contact Price - P 2,900,000.00
30% Equity P 870,000.00
Less: Resrvation Fee: 30,000.00
Equity Balance P 840,000.00 - 6 months to pay @ P 140,000.00/month

B) Flexible Equity Payment Scheme #2:
Equity Balance: P 840,000.00/2
First 6 months P 420,000.00 - 6 months to pay no interest @ P 70,000.00/mo.
Second 6 months P 420,000.00X 12%= P 470,000.00 @ P 56,700.00/mo.
70% Balance: P 2,030,000.00
Estimated monthly - 15 years - P 23,392.60/month