Description

DESCRIPTION
Name of Subdivision: The Ridges Residences
Location: Banawa Cebu City

Landmark/Accessibility:
walking distance going to Convergy's
walking distance going to Rustan's Supermarket
walking distance going to Paseo Arcenas
10 minutes going to Robinson Mall
10 minutes going to Crown Regency Hotel
10 minutes going to Capitol
10 minutes going to Chung Hua Hospital
10 minutes going to Cebu Doctors Hospital
10 minutes travel to South Road Properties (SRP)

Transportation Details:
-PUJ (Public Utility Jeep) going to Malls, Hospitals and Schools

PROPERTY DETAILS/FEATURES
Lot Area: 112 Sqm And Up
Floor Area: 148 Sqm (expandable)
Master's Bedroom With Toilet And Bath
2 Bedrooms With Common Toilet And Bath
Maid's Room
Powder Room
Living Area
Dining Area
Kitchen Area
Service Area
2 Car Garage

PAYMENT FINANCING SCHEME/COMPUTATION
Sample Computation
Total Contract Price: Php 18,795,600
1.) Reservation fee: Php 200,000 (Deductible from the downpayment)
2.) 10% Lump Sum Downpayment: Php 1,679,560 (within 15 days from RF)
3.) 20% Equity/Downpayment: Php 3,759,120 payable up to 35 months
Php 107,403 month (within 30 days from DP)
4.) 70% Loanable Amount: Php 13,156,920

Estimated Bank Loan Computation
* 20 years @ Php 90,505/month
* 15 years @ Php 107,503/month
* 10 years @ Php 142,787/month
* 5 years @ Php 251,312/month

AMENITIES
Landscaped Entrance
Elegant Guardhouse W/tower
Park & Playground
Concrete Roads With Signages
Cemented Side Walk W/ Street Lights
Cemented Curbs & Gutters
Underground Drainage System
10 Meters Wide [text removed] Road
Electrical & Water Supply
Perimeter Fence
Tennis Court
Basketball Court
Jogging Trails Surround W/benches
Multipurpose Hall W/ [text removed]
Telephone & Cable Lines

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Unit Details

Selling Price ₱ 18,795,600
Bedrooms 4
Bathrooms 3
Floor Area 148 Sqm
Lot Area 112
Project The Ridges Residences
Parking Slots 2
With Balcony No
No. of Floors 2
Date Listed Oct 17, 2023