Cebu Real Estate Guide: Royal Garden Residences in Cebu City

Royal Garden Residences is a 12-Storey Condominium resting in the city’s quiet neighborhood. It is genuinely inspired to bring comfort, convenience and privacy altogether in one perfect place for any busy urbanite or devoted homebody. Make Royal garden Residences your home in the city and live the life you truly deserve.

Accessibility:
     *Walking distance to Foodarama, Cafes and Restaurant;
     *5-10 minutes to Sm, Ayala, IT Park and Parkmall;
     *30 minutes to Mactan International Airport;
     *10 minutes to Cebu Doctors University
     *10 minutes to churches
General Details:
-Total land area : 593 square meters

-Gross building floor area: 6,564 square meters
-Total number of units: 165 residential condominium units
-Total number of floors: 12 storeys
-Type of units: All are one-bedroom type ranging from 20 sqm. – 22 sqm.
-Estimated date of completion: 2nd Quarter of 2015

*Price starts at Php 1,320,000.00

Residential Unit Features:
- Porcelain tiles on living, dining and kitchen area (Tile size: 60cm x 60cm)
- Ceramic tiles on T & B (Tile size: 30cm x 30cm)
- T & B complete with shower, water closet, lavatory, toilet paper holder & towel bar
- Finished painted interior wall
- One-bedroom with wooden panel main door
- PVC door on T & B
- Exhaust fan on T & B
- Aluminum sliding windows with clear glass
- Complete electrical switches and convenient outlet in living, dining, kitchen & T&B areas
- Provision for air-con with outlet
- Provision for cable TV and telephone line

Building Features:
- Two-level parking
- 24-hour security

- Twin hi-speed elevator system
- Fire protection & automatic sprinkler system
- 100% back-up generator
- Individual mailboxes
- Garbage chutes on every floor
- Covered roofdeck for special events/functions
- Provisions for air-con, telephone & cable TV

- Elegant lobby & reception counter

Building Features:
- Two-level parking
- 24-hour security
- Twin hi-speed elevator system
- Fire protection & automatic sprinkler system
- 100% back-up generator
- Individual mailboxes
- Garbage chutes on every floor
- Covered roofdeck for special events/functions
- Provisions for air-con, telephone & cable TV

- Elegant lobby & reception counter

Floor Area: 22 sqm
One Bedroom Unit Condominium for sale in Royal Garden Residences
located in F. Cabahug Street, Kasambagan, Cebu City.

UNIT DETAILS
1 Bedroom
1 Toilet and Bath
Living, Dining, Kitchen
Floor Area: 22 sq. m.
Total Contact Price: P 1,502,000.00
Reservation Fee: P 30,000.00

SAMPLE COMPUTATION
(25% DP – Payable 36 months)
Total Contract Price: P 1,502,000.00
2nd to 10th Floor
25% Downpayment – P 375,500.00

Less: Reservation Fee: 30,000.00
Net Downpayment P 345,500.00 – Payable 36 months at P 9,597.00/mo.
75% Balance – P 1,126,500.00 For Financing (Estimated Mo. Amortization)
* Bank: 15 years to pay – P 12,278.85/mo.
* Pag-big: 30 years to pay – P 8,250.42
(Based on 3Year Reprising, Excluding Ins.)
* In-House Financing: 5 years to pay at P 28,162.50/mo.
PAYMENT SCHEME:
Reservation Fee: P 30,000.00
Price includes Taxes and Misc. fees
A. Cash Payment –*within 30 days from Reservation, Less 10% Discount
*within 60 days from Reservation, less 9% Discount
*within 90 days from Reservation. Less 8% Discount
*Less 5% discount if paid in 12 equal mo. installments covered by PDC
*Net TCP – payable in 36 months equal mo. Installment covered by PDC
B. IN-House Financing:
a.) 10% DP – Payable within 24 months covered by PDC
90% Loanable
b.) 25% DP –Payable within 36 months covered by PDC
75% - In-house Financing minimum of 3 years and maximum of 5 years with
10% Interest rate – straight.
C. Bank / Pag-ibig Financing
25% DP – Payable up to 36 months
75% Balance – Loanable
Accredited Financial Institution:
Pag-ibig, BDO, China Bank, Metrobank, BPI, RCBC and Bank of Commerce
Other financial institution not mentioned above will be subject to verification by LWPC prior to its approval for loan.