Sorrel Residences Vacation Resort Condo No Spot Downpayment
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Sorrel Residences Vacation Resort Condo No Spot Downpayment

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  • Effective January this year, the Bureau of Internal Revenue, with the endorsement of HUDCC, has effected a higher threshold for value added tax or VAT on real estate products such as lots, house and lots, and other residential dwellings such as condominium units. Previously, properties priced at P2.5 million below enjoyed VAT-free transactions. Now, the VAT-free ceiling has been increased to properties priced up to PhP3,199,200. This of course spells great news for millions more Filipinos who are seeking to fulfill their lifelong dream of owning their own home, especially condominium dwellings in the metropolis. And along with consumers, developer DMCI Homes lauds the move from the internal revenue bureau. “We commend the government in its firm commitment to provide Filipinos easier and greater access to better housing options,” says Alfred Austria, president of DMCI Homes, the property development affiliate of triple-A and renowned contractor D.M. Consunji Inc. DMCI Homes is particularly elated with the new real estate VAT ruling, with the belief that it will strengthen and grow stronger purchasing opportunities for its core target market of middle-income Filipinos and starting families. “From the inception of DMCI Homes, our focus has always been on providing hardworking middle class Filipinos with homes that exceed their expectations and provide exceptional value for their money,” adds Austria. “Now, our condo home buyers will benefit from greater purchasing power and ownership that is much easier on their pockets.” DMCI Homes sets itself apart in the tough real estate market by consistently offering real estate projects that buck popular trends, such as those toward maximizing profit by offering increasingly smaller units and dwellings. “We set and stick to standards of property development that we think offers the best possible modern dwelling solution for our core market.” explains Austria. Based on market research, insight and actual experience, the genuine middle-income market seeks a condo home that is reasonably spacious—both inside and out. Whereas popular city condo developments these days offer basic units in studio or one-bedroom permutations, DMCI Homes proudly sets the standard of two-bedroom units for the typical Filipino condo home buyer, who may be single and intending to start a family very soon, or for actual growing families themselves. These two-bedroom DMCI Homes units are usually 54-55 sqm in gross floor area, contained in masterplanned communities that offer a variety of amenities that are equally spacious. “Through superior design and construction techniques and processes, we are able to continue offering these types of units at prices below the new VAT threshold,” says Austria. “The move saves hundreds of thousands of pesos for our customers, funds that they can use for improvements and other purchases.” DMCI Homes believes that for wise condo buyers, the math should be simple—for a price below the VAT ceiling, they can settle for either an entry-level studio from other prominent developers, or a two-bedroom unit from DMCI Homes. The two-bedroom units are available in most DMCI Homes projects. DMCI Homes’ newest projects include: The Amaryllis located in E. Rodriguez Ave. cor. 12th St., Quezon City; Sorrel Residences located in Sociego St., Sampaloc, Manila; Zinnia Towers along North Edsa, Quezon City; and One Castilla Place located in Castilla St., Brgy. Valencia, Quezon City. “Shop around, compare, and never be afraid to ask,”
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Sorrel Residences Vacation Resort Condo No Spot Downpayment Sorrel Residences Vacation Resort Condo No Spot Downpayment Document Transcript

  • Sorrel ResidencesSampaloc, ManilaSorrel Residences is a single tower, 25-storey high-rise building with a tropical themelocated in Sociego Street, Sampaloc Manila with a land area of 3,813 sqm. It will have25 Residential Levels, 3 Parking Levels and 1 Roofdeck.Strategically situated along Ramon Magsaysay Blvd in the vicinity of SM Sta Mesa,schools, hospitals and offices, living in Sorrel Residences would be hassle-free andconvenient. This would be a good investment for people who would want to locate in arelaxed atmosphere within the confines of the bustling metropolis.
  • PROJECT OVERVIEWProject Type : High-rise residential developmentUnit : One(1)Bedroom, Two(2)BedroomandThree(3)BedroomType/mixNo of : One(1)single loaded, double row configurationbuildingsNo. of levels : Twenty five(25) residential storey building with three(3) basement parking, one(1) Amenity level and one(1) sky park levelNo. of Units : Approximately Five Hundred and Ninety Two(592) residential unitsPrice : Php2.09Mn–4.25Mn range (net of cash & PDC discounts)segment Php2.37Mn–5.40Mn range (list price with VAT where applicable)Land Area : 3,813 sqm
  • UNIT TYPES One Bedroom Unit: 38.30 sqm Two Bedroom Unit: 58.10 sqm Two Bedroom Unit: 62.25 sqm Three Bedroom Unit: 77.00 sqm View slide
  • WHY CHOOSE SORREL RESIDENCES ? A modern tropical, resort themed high-rise development in Sociego Street, Sampaloc, Manila within close proximity to places of interest (schools and workplaces) in Quezon City and Manila that offers efficiently planned unit spaces and amenities to move around for competent individuals and start up families, Aspiring to live in a secure environment with fundamental and functional amenities In a time of limited home options in the cityTHEME Sorrel Residences is a Modern Tropical Theme - Modern Architecture that closely relates to designs that is from the 20th century or later that appears "modern" or to date and addresses the tropical climate as a design consideration. Suitable for warm climates and projects quiet elegance and timeless appeal. View slide
  • Amenities Sampaloc, Manila AMENITIES AND FACILITIES Feel Light with resort-like amenities With a generous allocation of resort-like amenities, Sorrel Residences Manila is totally distinct central atriums within the building give off an ambience of a comforting retreat that you can come home to every single day. Lap Pool  Multi-purpose play Kiddie Pool court Fitness Gym  Pool Deck Deck Garden/Tree Shower Area Court  Pocket Gardens Function Room  Sky Lounge Study Hall  Sky Park Lanai  View Deck Grand hotel-like  Arrival Court lobby  Linear Park Lounge Area Landscaped Atriums Kiddie Pool and Childrens Lap Pool Playground
  • Lap Pool and Kiddie Pool Lap Pool and Kiddie Pool Lounge Area Linear Park
  • Gated Enrance Soothing Water FeaturesWide Garden Atriums Scenic Elevators
  • FeaturesSampaloc, Quezon CityDISTINCT FEATURES Safe Haven (Security, Exclusive Abode) Located just a block away from V. Mapa and Ramon Magsaysay Blvd., residents are shielded from the noise and pollution from this major thoroughfare. With priority given to security features and exclusivity, Sorrel Residences provides its future residents with peace of mind and worry free living. This exclusive and gated community boasts of 24/7 security and no commercial areas to further take your safety to the next level.
  • True resort living like no otherResidents will enjoy freedom of space plus the invigorating benefits ofresort living as compared to most condominium projects. The generousallocation of resort like ground level amenities differentiates thisdevelopment from the others in the area. Verdant landscaping,soothing water features and garden atriums evoke an ambience of acompletely comforting retreat amidst the city’s hustle and bustle.Efficiently planned unit spaces/configurationIn an era of limited home options, buyers are constantly in search ofvalue for their money. In Sorrel Residences, one is assured of largerliving and breathing spaces that provides a relief from cramped cityliving conditions that most city dwellers are used to. With larger unitoffering, the buyers are provided options based on their various spatialneeds.
  • Worry free travel and real convenienceSorrel Residences is highly accessibe, as it is mere 150 meters fromthe LRT2 Station of V.Mapa. It is also accessible via major roads,highways and PUVs along Ramon Magsaysay Boulevard and linkedthrough roads and transportation networks connected to major citiesand CBDs such as Quezon City, Mandaluyong - San Juan, andMakati. Aside from this, its proximity to major roadways, its nearness tomajor establishments and areas of interests (schools, businesscenters) makes it an ideal abode for the target market.
  • Reliability and Stability courtesy of DMCI Homes brand A smart investment decision avowed by DMCI Homes’ commitment to quality workmanship spanning nearly 60 years, intending only to deliver high standard products and first class services, and true value for money deals that offer superior products at its best. BUILDING FEATURES Grand drop off Landscaped atriums every five floors Wide Garden Atriums Reception lobby Three-level basement parking Gated Entance 24-hour security Single loaded corridors Perimeter wall with security fencing Balconies in all units Wi-fi equipped amenities area Scenic elevators Gated Entrance Soothing Water Features Wide Garden Atriums Scenic Elevators
  • FACILITIES 24-hour security Main entrance gate Perimeter fence Convenience Store Laundry Station Water Station Business Center SERVICES Garbage collection General maintenance of common areas Leasing program move-in assistance Organization of community events Proximity cards issuance Roving security Taxi call-in service Utilities application and payment assistance Car wash service Loundry pick-up service Newspaper delivery
  • LocationSampaloc, Manila Sorrel Residences is located in Sociego Street, near Ramon Magsaysay Blvd in Sampaloc, Manila. Its strategic location puts you in an ideal position to access Manilas educational and medical institutions, as well as commercial establishments such as SM City Sta Mesa.HOW TO GET THERE From Makati Take South Super Highway towards President Quirino Ave. Head straight to Nagtahan . From the bridge take the lower road and turn right to Ramon Magsaysay Blvd. Head straight towards SM Centerpoint and turn left to G. Araneta Avenue. Take the first U turn slot then turn right to Ramon Magsaysay Blvd. After V. Mapa LRT 2 station, turn right to Sociego St.. Sorrel Residences is on your left. From Edsa Quezon City Take Aurora Blvd. Head straight towards Ramon Magsaysay Blvd. Right past G. Araneta Avenue intersection, take rightmost lane. After V. Mapa LRT 2 station, turn right to Sociego St.. Sorrel Residences is on your left. From España or University Belt Areas Take Gov. Forbes then turn left to Ramon Magsaysay Blvd. Head straight towards SM Centerpoint and turn left to G. Araneta Avenue. Take the first U‐turn slot then turn right to Ramon Magsaysay Blvd. After V. Mapa LRT 2 station, turn right to Sociego St.. Sorrel Residences is on your left.
  • AREA DISTANCES Schools and Universities University of Sto. Tomas (2.9 Km.) University of the East (2.8 Km.) National University (2.2 Km.) Centro Escolar University (2.5 Km.) San Beda College (2.4 Km.) Santa Catalina College (2.0 Km.) St. Jude Catholic School (2.2 Km.) Holy Spirit College (2.3 Km.) Central College of the Philippines (0.5 Km.) Don Bosco School (1.0 Km.) Arellano University (2.0 Km.) Polytechnic University of the Philippines (0.7 Km.) La Consolacion College (2.5 Km.) San Sebastian College Recoletos (2.8 Km.) Technological Institute of the Philippines (3.1 Km.) Far Eastern University (3.0 Km.) Churches Nuestra Senora Salvacion Parish (0.8 Km.) Holy Child Parish (1.3 Km.) Most Holy Redeemer Parish (0.9 Km.) Our Lady of Loreto Parish (2.3 Km.) St. Jude Thadeus Church (2.9 Km.) St. Anthony Church (4.1 Km.) San Miguel Parish Church (2.7 Km.)
  • Hospitals UERM Medical Center (0.6 Km.) Lourdes Hospital (1.2 Km.) UncianoGeneral Hospital (0.4 Km.) Mary Chiles General Hospital (2.8 Km.) Dr. Jose FabellaMemorial Hospital (3.3 Km.) San Juan City Hall (0.9 Km.) LTO San Juan (0.8 Km.) MalacanangPalace (2.5 Km.) Commercial Establishments SM Sta.Mesa (0.3 Km.) Savemore (0.4 Km.) Isetann (0.2 Km.) Puregold (0.6 Km.) BPI (0.1 Km.) BPI Family Bank (0.4 Km.) Allied Bank (0.3 Km.) BancoDe Oro (0.2 Km.) Caltex (0.7 Km.) Shell (1.0 Km.)
  • Payment Terms Sampaloc, Manila PAYMENT OPTIONS 20% Downpayment - 80% Thru In-House, Bank Financing 30% Downpayment - 70% Thru In-House, Bank Financing (4% Discount) 40% Downpayment - 60% Thru In-House, Bank Financing (5% Discount) 50% Downpayment - 50% Thru In-House, Bank Financing (6% Discount) 100% Spot cash (10% Discount) Reservation Fee: Php 20,000 Minimum Downpayment: 20% of the List Price (payable until RFO Date) Balance may be settled through in-house or bank financing. Note: Downpayment can be paid till turnover date of the project at 0% Interest. Balance can be paid in 1 year at 0% Interest. Additional 2% PDC discount will be applied provided complete documents and PDCs are submitted within 30 daysfrom reservation date. ACCREDITED BANKS Banco de Oro (BDO) MetroBank Bank of the Philippine Islands (BPI) PS Bank United Coconut Planters Bank (UCPB) Philippines National Bank China Bank HSBC