Ready For Occupy House in Basak Lapu Lapu City

Palacio Grande Model Single Detached House
Collinwood Subdivision...Basak Lapu Lapu City
Right Across Gaisano Grand Mall Basak

Lot Area: 120sqm
Floor Area: 84sqm
4 Bedrooms
2 Toilet and Bath
2 Car Garage
Living and Dining Area

Total Contract Price:Php 4,478,100.00
Inhouse Financing: 20% equity or Php 895,620.00
Less Reservation : 30,000.00
Net Downpayment or equity : Php 865,620.00 payable in 6 months
Monthly equity : Php144,270.00 in 6 months with zero interest
Balance 80% 0r 3,582,480.00 tru in house @ 11% interest rate
5 years to pay - Php 77,891.80
10 years to pay – P 49,648.00


- Reservation fee of Php 30,000.00 is non-refundable & non-transferable

- Full payment of Total Contract Price within 30 days merits a 5% discount

- A 2.5% discount on 30% Downpayment can be availed if paid within thirty (30) days

- The 30% downpayment can be paid through Easy Equity Payment Plan.

(For Pag-ibig & Bank Financing)
- The 70% balance can be paid through bank, HDMF/Pag-ibig, provident and in-house financing
- All checks should be made payable to Commonwealth Estate Inc.

note: Prices are subject to change without prior notice.
The above prices are inclusive of taxes and miscellaneous fees.
CEI reserves the right to correct typographical errors.


1. Residence Certificate / Passport (including Spouse)
2. TIN No.
3. Photocopy of 1 valid Identification Card.
4. Post Dated Checks for Monthly Amortization.
5. Fire Insurance (For In-house Financing only).
6. Credit Investigation Fee (For 3 - 5 Years In-House Financing only).
7. Sales Redemption Insurance (For 5-10 Years In-House Financing only)

1) The client should sign up into a LEASE-to-PURCHASE Agreement.
2) The lease shall be at least a 1-year contract.
3) The lessee is required to pay 2 months advance and 3 months security deposit.
4) The client is given an Option Period of 1 YEAR i.e., to decide whether to purchase the unit or not.
5) If undecided to purchase upon end of the 1 YEAR option period, the contract will remain a lease agreement and may be renewed or terminated as requested.
6) If client decides to purchase the leased unit, the amount paid as rent for the whole year shall be credited as partial payments of the unit and by then the contract shall be converted to an absolute purchase agreement.
7) Upon decision to purchase, client shall render advice to the developer as to what form of financing to apply for the balance. Documentation and other concerns shall be handled by our account officers.


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Unit Details

Selling Price ₱ 4,478,100
Bedrooms 4
Bathrooms 2
Floor Area 84 Sqm
Lot Area 120
Project Collinwood
Parking Slots 1
With Balcony Yes
No. of Floors 2
Date Listed Aug 3, 2015