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Property Updated Apr 5, 2024

Studio unit for sale in Manila

β‚± 5,198,000
  • For Sale Ready For Occupancy
  • Studio 1 Bathroom 26.35 sqm.
  • Manila
Suggested gross household income/salary:
β‚± 205,853 monthly income Request sample computation
5 years to pay at 7% interest
Property posted by:
Adoracion
Last online Sep 12
Broker:
Van
View more properties at:
There are 4,154 buyers looking for Condominiums and Apartments For Sale in Manila, Metro Manila.
Property Details
  • Number of Bedrooms: Studio
  • Number of Bathrooms: 1 bathroom
  • Unit Size in sqm: 26.35 sqm.
  • Unit/Floor Number: 1
  • Tower: 1
  • Property Condition: New - Ready for Occupancy (RFO)
Amenities
  • Basketball court
  • Commercial center
  • Function room / hall
Features
  • 24-hour maintenance
  • 24-hour security services
  • CCTV
  • Car parking / garage
  • Elevators
  • Garbage room
  • swimming pool
Description

RFO Units Torre Central Studio Unit near UST and University Belt

UPDATE!

Torre Lorenzo Central is right in the heart of the University Belt and only a few steps away from schools, including the University of Santo Tomas and Far Eastern University.

LOCATION:

Near EspaΓ±a Blvd., Manila near University of Santo Tomas and the University Belt

Nearby Schools and Establishments

University of Santo Tomas

UST Hospital

Far Eastern University

SM San Lazaro

Inclusions

Bunk Beds/Single Beds (Top Bunk – Upper, Lower Bunk – Lower Bed or Study Table with Shelves)

Window-Type-Air-Conditioning System

Rangehood

Bathroom Fixtures & Accessories (Water Closet, Lavatory, Shower Head, Toilet Paper Holder)

Built-in Kitchen Cabinet with Overhead Cabinet

Intercom & Doorbell System

Dining Set

Stainless Sink & Grease Trap

Phone, Cable, & Wifi Ready

Double Hob Electric Stove Top

Shower Heater

Built-in Wardrobe Closet

Amenities

Fitness Center

Study Hall

Half Basketball Court at Roof deck

Function Hall

Lounge Area

Swimming Pool with Toilet & Shower Facilities

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Sample Computation for Studio Unit

Floor Area: 26.35 sqm

Total Contract Price P 5,198,000

Option 1 - Cash Payment after 30 days

Total List Price: 4,405,336

Less 8% Spot Cash Discount (352,427)

Discounted List Price: 4, 052,909

Add VAT: 486,349

Titling and Miscellaneous Fees 243, 175

Total Discounted Contract Price: 4,782,433

Less Reservation: (50,000)

Net Payable

Option 2 - 20 % Spot DP, 80% Bank Financing

List Price: P 4,405,336

Less Spot DP Discount (66,080)

Add VAT 520,711

Titling and Miscellaneous 260,355

20% DP 1,024,064

Less Reservation Fee (50,000)

Net Spot DP 974,064

Payable after 30 datys from

Reservation Date 974,064

80% bank Financing @10.00 per annum

Monthly for 5 years 87, 033

10 years 54, 132

15 years 44, 019

20 years 39, 530

Inhouse Financing

5 Year term@ 12 %p.a 91,119

8 year term @15 p.a 73, 509

10 year term @15 p.a 66, 087

Option 3 10% Spot 10% in 6 months DP and 80% Bank

List Price P 4,734,210

Add 12 % VAT 568, 105

Titling and Misc Fees 284, 053

Total Selling Price 5' 586' 368

10% DP 558, 637

Less Reservation: 50,000

6 Months DP 93, 106

10% Net Spot DP 508, 637

Spot DP 558, 637

80% Bank Loan

Payable in 6 months at 10% p.a 4, 469, 094

5 years: 94.9K

10 years: 59K

15 years: 48K

20 years: 43.1 K

Option 4: Equal Monthly Installement See attachment Below

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PRICE RANGE:

All Studio Units:

16sqm to 18sqm --- Php 3.4M to 3.8M

25sqm to 37sqm --- Php 4.7M to 6.8M

25sqm to 37sqm --- Php 5.1M to 7.5M (for fully-furnished option)

Parking Slot with lift: 25sqm --- Php 2.24M

PAYMENT TERMS:

Cash in 30days – 8% discount

Cash in 60days – 7% discount

Cash in 90days – 6% discount

20(Spot)/80(financing) – 1.5% discount

10(Spot)/10(6months)/80(financing) - 5% discount on spot DP

Equal Monthly Installment (6months) - 2.5% discount

RESERVATION FEE:

Php 50,000 / unit

Php 20,000 / parking with lift

NOTE: Sample Computations attached is for unit with standard deliverable.

Client has an option to avail of a unit with FF&E (Furniture, Fixture and Equipment - fully-furnished) for an additional amount.

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For more info contact:

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Property Affordability
Suggested gross household income/salary:
β‚± 205,853 monthly income Request sample computation
5 years to pay at 7% interest
View properties I can afford
Property posted by:
Adoracion
Last online Sep 12
Broker:
Van

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  • Frequently asked questions about Studio unit for sale in Manila

    How much is the monthly payment for this property?

    The monthly payment is β‚± 82,341 for 5 years for a downpayment of β‚± 1.04M

    Where is the property located?

    The property is located in Manila, Metro Manila. You can view more Condominiums and Apartments for sale in Manila, Metro Manila on this page

    Who can I contact if I am interested with the property?

    If you are interested with the property or if you need more information, you can leave a message to Adoracion on this page. Adoracion will immediately get back to you after receiving your message.

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