City Homes is the residential housing development of Grand Land Inc., is soon to rise in Alinsug St., Jagobiao, Mandaue city & City Homes Mactan is soon to rise in Basak, Kagodoy Bangkal-Buaya road  near  Gen. Aviation Road near Mactan Doctors Hospital. It provides every family the upscale southern comfort they deserve. At City Homes, families will enjoy and experience the real community living and where owning a home is made affordable. City Homes Mactan & Mandaue is now accepting reservation for only Php15,000.00 only!

Year started Q4 2012                                                  City Homes, Mandaue

Target Completion Q4 2014 two years                    Year started : Nov. 2012

Project type : Residential Townhouses                    Target Project Completion : 2 years

Theme : Modern Homey Architecture                        Project Type : Residential Townhouses

Land Area : Mactan :0.9 hectare                              Theme : Modern Architecture

                                                                                Land Area : 6,155 sqm. 

A.

*Sample computation

Payment Options : SPOT CASH

Total Contract Price:             Php 2,180,000.00

90% of the TCP                    Php 1,962,000.00 

Less 7% Discount on TCP            152,600.00 

Amount Payable Net of Discount : 1,809,400.00      

Less :  Reservation fee :            15,000.00

(non refundable / non-transferrable)

Total Amount paid         :           PHP 1,794,400.00

10% Retention              :           PHP 218,000.00

(payable upon turnover, either Bank / HDMF Financing)

B. 100% DEFFERED IN 18 MONTHS

Total Contract Price                  PHP 2,180,000.00

Less Reservation fee                        15,000.00

Net of Reservation fee             PHP 2,165,000.00      

Monthly Equity in 18 months : PHP 120,277.78   

C. Payment Options : 30% Spot Downpayment

 Total Contract Price                  PHP 2,180,000.00

30% Spot Downpayment                  654,000.00

 Less: 5% Discount on 30% Spot DP:  32,700.00

Amount Payable Net of Discount        621,300.00   

Less: Reservation Fee                          15,000.00

(non refundable / non transferrable0

Total Amount Paid                              PHP 606,300.00

(lumpsum 1 month from reservation date)

70% Balance

(either thru Bank/HDMF Financing)

D. Payment Options: 10% DEFFERED IN 15 MONTHS & 10% LUMPSUM PAYMENT ON 6TH,8TH & 12TH MONTH

Total Contract Price                      PHP 2,180,000.00

10% of Total Contract Price                    218,000.00

Less: Reservation fee                                15,000.00

Net Down Payment                                 203,000.00

payment starts 1 month from reservation date

10% lumpsum payment                         PHP 72,666.67  

(EVERY 6th, 12th, & 18th month)

80% Balance                                        PHP 1,744,000.00

(either thru Bank/HDMF Financing)

Payment Options :                20% DEFFERED IN 18 MONTHS

Total Contract Price                              PHP 2,180,000.00

20% Down Payment                                    436,000.00

Less: Reservation fee   (non refundable)       15,000.00                    

Net Down Payment                                      421,000

(payable in 18 months without interest)

Monthly Equity in 18 months                  PHP 23,388.89

payment starts 1 month from reservation date

80% Balance

(upon turnover either thru Bank/HDMF Financing)

For more information please free to contact:

Maristela D. Fameron

Contact no.             (+63) 906-819-5000

                               (+63) 909-983-2721

                               (+63) 923-246-0170

Email & Facebook      : marisfameron@yahoo.com

                                    marisfameron@gmail.com

Skype :     maristela.fameron