Property Updated Apr 23, 09:09 AMViews: 7

RFO Units Torre Central Studio Unit near UST and University Belt

Estimated payment:
₱ 54,953/month Recalculate
10 years to pay at 10% interest rate. What is this?
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There are 336 buyers looking for Condominiums and Apartments For Sale in Manila, Metro Manila.
Property posted by:
Arc Dela Cruz
Joined July 2019
+63 906 7036055 +63 945 4583881
Broker:
Menchie Sabayo
View more properties at:
One Metro
Property Details
  • Number of Bathrooms: 1
  • Unit Size: 26.35 sqm.
Amenities
  • Gym
  • Swimming pool
Features
  • 24-hour security services
  • Car parking / garage
  • Elevators
  • Entrance gate
Description

TORRE CENTRAL- READY FOR OCCUPANCY UNITS!!

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:

Galicia Street near España 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

---

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

---

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 Instalment (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.

Map
What's Nearby
  • School: University of Santo Tomas
  • Hospital: UST Hospital
  • School: Far Eastern University
  • Mall: SM San Lazaro
Affordability

Edit the values to check its affordability What is the affordability calculator?

Total price of the property
Downpayment terms agreed upon
%
%
Will depend on the rate given by the financing company
years
Years of payment e.g. 10 years to pay
Estimated Monthly Payment*
₱ 54,953
Suggested Monthly Income/Salary**
₱ 183,178
Loanable Amount
₱ 4,158,400
Downpayment
₱ 1,039,600
Payment Terms
10 year(s)
* The figure shown above is only an estimate for reference. The final rate should be provided by the financing company.
** The allotted monthly payment can go as high as 30% of the monthly net income/salary.
Inquire about this property
Use your active mobile OR email where the seller can contact you
Property posted by:
Arc Dela Cruz
Joined July 2019
+63 906 7036055 +63 945 4583881
Broker:
Menchie Sabayo

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