Tara Residences
Features:
Basement parking spaces
Elevator
24-hours Security with Well CCTV Surveillance cameras
Central garbage room
Emergency Back-up Genset power
Smoke Detectors & central alarm
Provisions for cable and internet
Finished residential Units
High ceiling penthouse units
Free-for-all laundry drying cages
Available on call services-driver,housekeeper,etc
Swimming pool
Payment terms
1. Cash Payment - less 20% discount
2. Promo terms
10% downpayment
- if payable spot cash, 20% discount on downpayment
- if payable in 3 months - 15% discount on downpayment
- if payable in 6 months - 10% discount on downpayment
90%
- payable in 5 years at 0% interest
- payable in 12 years at 6% interest per annum
- payable in 13 years at 6.5% interest per annum
Sample Computation, 1 bedroom unit
Unit price: P 1,734,386
Applying the different terms, here are the figures:
1. Cash Payment - P 1, 387, 508.80
2. 10% spot DP =173,439
less reservation fee: P20,000
less 20% discount: 34,688
net DP = 118,751
90% payable in 5 years = 26,016 per month
if payable in 12 years = 15,233 per month
3. 10% DP payable in 6 months = 138,750.88
less 15% discount = 20,812.63
less reservation fee = 20,000
net 10% DP = 97,938.25
payable in 6 months = 16,232.04 per month
90% payable in 5 years at 0% interest = 26,016 per month
if payable in 12 years at 6% interest = 15,233 per month
The best part? This rate is way much lower than the interest rate offered by banks!
Notes:
Prices may change without prior notice
