Property Details
 

Property Name : STV481 : Twin Palms Residences CHYNNA House Model

A project of Kisan Lu Lands & Development, Inc.

Location : Ma-a, Davao City

Twin Palms is strategically located just
  • 20 minutes away from Davao International Airport
  • 10 minutes away from Schools, Universities and Colleges (Ateneo de Davao, University of Mindanao, etc)
  • 5 minutes away from hospitals (Brokenshire Hospital, Davao Doctors, DMSH and SPH)
  • 5 minutes away from NCCC Mall, SM Mall of Davao and Matina Townsquare
  • 10 minutes away from Victoria Plaza Mall and Gaisano Mall
  • 5 minutes away from St. Paul Church, Assumption Church and St. Jude Parish
  • Less than 15 minutes away from banks, local government offices and business centers


    Community Facilities:
  • Entrance Gate and Guardhouse
  • Perimeter Fence
  • Landscaped Parks
  • Basketball Court
  • Childrens Playground
  • Underground Drainage System
  • Fish pond
  • Waste water treatment facilities

    Lot size : 121 sqm

    Floor Area : 88.40 sqm

    Ground Floor (sub-total floor area : 47.47)
    Living Area: 10.14 sqm
    Dining Area : 7.40 sqm
    Kitchen : 9.20 sqm
    Toilet & Bath : 3.97 sqm
    Porch : 1.18 sqm
    Hallway : 2.60 sqm
    Carport : 12.98

    Second Floor Area(sub-tota; floor area: 40.93 sqm)
    Masters bedroom : 12.70 sqm
    Masters Toilet & Bath : 2.76 sqm
    Bedroom 01 : 6.16 sqm
    Bedroom 02 : 6.44 sqm
    Toilet & Bath (common) : 3.20 sqm
    Hallway : 3.04 sqm
    Stairs : 6.63



    MAP





    SAMPLE COMPUTATION



    Package Price - Php 3,790,000.00
    Plus: Excess Lot - Php 0.00
    Total Package Price - Php 3,790,000.00
    Plus: 12% VAT - Php 454,800.00
    TPC (Inclusive of VAT) - Php 4,244,800.00

    A. SPOT CASH or DEFERRED CASH


    Spot Cash (30 days) less 5% - Php 4,032,560.00
    Deferred Cash (3months to pay) less 2% - Php 4,159,904.00
    monthly payment - Php 1,386,634.67


    B. IN-HOUSE FINANCING


    20 % Downpayment (payable in 1yr@0% int) - Php 848,960.00
    Less: Reservation Fee - Php 50,000.00
    monthly payment - Php 66,580.00

    80% REMAINING BALANCE - Php 3,395,840.00
    1 yr. @ 0% interest - Php 282,986.67
    2 yrs.- 14 % interest P.A. - Php 163,044.06
    3 yrs.- 16 % interest P.A. - Php 119,387.65
    4 yrs.- 18 % interest P.A - Php 99,752.77
    5 yrs.- 20 % interest P.A. - Php 89,968.98
    10yrs.-24 % interest P.A. - Php 74,871.81


    C. BANK FINANCING (30% - 70%)


    30% of Total Package Price (Inclusive of VAT) - Php 1,273,440.00
    Less: Reservation Fee - Php 50,000.00
    12 Monthly Equity Payment - Php 101,953.33

    Loanable Amount - Php 2,971,360.00
    5 yrs @ 10.25% interest - Php 63,498.75
    10 yrs @ 11.50% interest - Php 41,775.97
    15 yrs @ 12.125% interest - Php 35,900.62

    *Bank financing-subject to annual repricing
    *Prices are subject to change without prior notice

     

    D. HDMF FINANCING


    Amount to be Financed - Php 4,244,800.00
    Less: Reservation Fee - Php 50,000.00
    Less: as equity to be paid to us (1 yr. @ 0% int.) - Php 2,194,800.00
    Loanable Amount - Php 2,000,000.00
    15 yrs @ 10.5% interest P.A. - Php 22,107.98
    20 yrs @ 10.5% interest P.A. - Php 19,967.60
    25 yrs @ 10.5% interest P.A. - Php 18,883.63
    30 yrs @ 10.5% interest P.A. - Php 18,294.79



    Price : Php 4,244,800.00 (payable upto 10 years (Inhouse Financing), 15 years (Bank Financing) and 30 years (thru HDMF Financing)



    Photos :

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    STV481 : Twin Palms Residences CHYNNA House Model

    Property Name : STV481 : Twin Palms Residences CHYNNA House Model


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    Designed and created by Joel M. Reyes