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Collinwood, MACTAN


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We offer House & Lot, Beach Lot, Condominium etc.
For site visit call/text: DAISY MENDEZ
Log on to: http//

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Collinwood, MACTAN

  1. 3. House Type Phase I Phase II Phase III Phase IV Amorsolo Classique 48 14 10 16 Hidalgo Royale 30 26 22 20 Turriano 38 22 38 28 Palacios Grande 19 21 16 19 Hermoso 27 28 12 12 Hermoso Grande 5 7 10 11 Lot Only 2 . 167 118 108 108 501 Units <ul><li>Total Number of sellable units: </li></ul><ul><li>Breakdown of units: </li></ul>
  3. 6. <ul><li>Elegant entrance with guard house </li></ul><ul><li>Rustic Water Fountain </li></ul><ul><li>Tree-lined concrete access road </li></ul><ul><li>Multi-purpose Hall with parking area </li></ul><ul><li>Basketball Court </li></ul><ul><li>Tennis Court </li></ul><ul><li>Selected landscaped and play areas </li></ul><ul><li>Concrete roads with street signages </li></ul><ul><li>Cemented sidewalks with street lights </li></ul><ul><li>Cemented curbs and gutters </li></ul><ul><li>Perimeter fenced </li></ul><ul><li>Water distribution system supplied by MCWD </li></ul><ul><li>Electrical power supply </li></ul><ul><li>Provisions for Telephone lines* </li></ul><ul><li>Provisions for Cable TV lines* </li></ul><ul><li>* Depending on the utility company’s expansion program. </li></ul>
  4. 7. Amorsolo Classique
  5. 8. Amorsolo Classique
  6. 10. Hidalgo Royale
  7. 11. Hidalgo Royale
  8. 13. Turriano
  9. 14. Turriano
  10. 16. Palacios Grande
  11. 18. Hermoso
  12. 20. Hermoso Grande
  13. 22. <ul><li>Foyer with Spanish style roofing </li></ul><ul><li>Arched window opening </li></ul><ul><li>Spanish style canopy </li></ul><ul><li>Stone covered column base (Stone age) </li></ul><ul><li>Kitchen counter with sink and built-in cabinets </li></ul><ul><li>Elegantly painted ceiling and room partitions </li></ul><ul><li>Ceramic floor tiles for toilet and bath </li></ul><ul><li>Spanish bathroom fixtures </li></ul><ul><li>Sizable closets for all bedrooms </li></ul><ul><li>Deluxe ceramic floor tiles for living, dining and kitchen areas </li></ul><ul><li>Polished wooden railing and stairs (for 2 storey houses) </li></ul><ul><li>Stained and polished wood floor finish (second floor) </li></ul><ul><li>Long-span pre-painted galvanized roof sheets </li></ul><ul><li>Solid steel reinforced concrete exterior walls </li></ul><ul><li>Superior residential plumbing and electrical system </li></ul><ul><li>Landscaped front gardens </li></ul>5. HOUSE SPECIFICATIONS
  14. 23. HOUSE TYPE Floor Area Lot Area UNIT PRICE Amorsolo Classique 76 sq.m. 60 sq.m. Php 2,070,000.00 Hidalgo Royale 44 sq.m. 120 sq.m. Php 2,198,000.00 Turriano (Duplex) 55 sq.m. 120 sq.m. Php 2,292,000.00 Turriano (Single Attached) 55 sq.m. 120 sq.m. Php 2,362,000.00 Palacios Grande 84.sq.m. 120 sq.m. Php 3,351,000.00 Hermoso 81 sq.m. 180 sq.m. Php 3,515,000.00 Hermoso Grande 190 sq.m. 180 sq.m. Php 5,704,000.00 Excess Lot per sq.m. Php 5,000.00 6. HOUSE & LOT PRICES
  15. 24. <ul><li>7. PREMIUM LOTS </li></ul><ul><li>Additional P100/sq. m. for all lots along the main road </li></ul><ul><li>Additional P100/sq. m. for all corner lots </li></ul><ul><li>Additional P100/sq. m. for all lots facing east </li></ul><ul><li>Additional P100/sq. m. for all lots besides parks and playgrounds </li></ul>
  16. 26. <ul><li>8. RESERVATION FEE & BLOCKING OF UNIT </li></ul><ul><li>The reservation fee of Php 30,000 must be paid prior to the blocking of unit as specified in the approved Collinwood </li></ul><ul><li>Site Development Plan </li></ul><ul><li>The reservation fee is non-transferable and non-refundable </li></ul><ul><li>The reservation fee is part of the Total Contract Price. </li></ul>
  17. 27. <ul><li>9. PRICE CONDITIONS </li></ul><ul><li>Prices are subject to change without prior notice. </li></ul><ul><ul><li>Commonwealth Estate Inc. reserves the right to correct typographical error. </li></ul></ul><ul><ul><li>All prices are inclusive of taxes and miscellaneous fees. </li></ul></ul><ul><ul><li>Reservation deposit of Php 30,000.00 is non-refundable and non-transferable. </li></ul></ul><ul><ul><li>All check payment should be made payable to </li></ul></ul><ul><ul><li>COMMONWEALTH ESTATE INC. </li></ul></ul>
  18. 28. <ul><li>10. PAYMENTS OF REGULAR EQUITY/DOWNPAYMENT </li></ul><ul><li>Reservation fee of PhP 20,000.00 </li></ul><ul><li>Equity should be at least 30% of the Total Contract Price </li></ul><ul><li>Half of the Equity must be paid within 15 days from reservation date </li></ul><ul><li>Full Equity must be paid 45 days from reservation date </li></ul><ul><li>Sample Computation: </li></ul><ul><li>Total Contract Price (Amorsolo Classique) P 2,070,000 </li></ul><ul><li>Estimated Loanable Amount 1,449,000 </li></ul><ul><li>Equity 621,000 </li></ul><ul><li>Less: Reservation Fee - 30,000 </li></ul><ul><li>Balance 591,000/6 </li></ul><ul><li>MONTHLY DP FOR THE 1 st 3 MONTHS 98,500 </li></ul>
  19. 29. <ul><li>11. EASY EQUITY PAYMENT PLAN (E.E.P.P.) </li></ul><ul><li>If buyer cannot afford the regular equity payment, he can avail of the EEPP. </li></ul><ul><li>The following are the conditions: </li></ul><ul><ul><li>30% of the equity must be paid within forty-five (45) days from reservation date. The balance of 70% of equity is subject to EEPP. </li></ul></ul><ul><ul><li>The maximum period of EEPP is eighteen (18) months. </li></ul></ul><ul><ul><li>EEPP interest is 16% straight per annum. </li></ul></ul><ul><ul><li>In case of default, a 4% penalty per month on the amount due will be imposed. If buyer defaults on three (3) consecutive months, the Memorandum of Agreement (MOA) of the EEPP will be rescinded. </li></ul></ul>
  21. 31. EEPP sample computation (30,000.00) 156,300.00 Payable in 3 months payable in 18 months 29,946.00 mo amortization 104,328.00 24% int in 1 1/2 yr payable in 12 months 42,021.00 mo amortization 69,552.00 16% int / annum 434,700.00 Less: Reservation Fee Balance 70% bal 186,300.00 30% DP 621,000.00 Equity
  23. 33. 14. COMMISSION and INCENTIVE SCHEDULE of RELEASES COMMISSION: 5.0 % of the Total Contract Price (less 10% withholding tax) - Half of commission release : Upon payment of 10% of TCP - Full Commission release : Upon payment of 20% with complete documents and PDC’s for the balance INCENTIVE/ REPRESENTATION ALLOWANCE: Php 5,000.00 - Will be given to the selling party upon forwarding cleared payment of Php 30,000 reservation fee.
  24. 34. <ul><li>15. CHANGE OF STATUS </li></ul><ul><ul><li>Changes on financing plan, house model and lot location, a transfer fee of Php50,000 will be charged. Only one (1) transfer is allowed. The second transfer will be considered as a withdrawal and subject to the provisions of withdrawal. </li></ul></ul>
  25. 35. <ul><li>17. PROVISIONS FOR MOVE-IN </li></ul><ul><li>House construction is completed </li></ul><ul><li>Must have paid the following: </li></ul><ul><ul><li>a) Membership dues of the Homeowner’s Association </li></ul></ul><ul><ul><li>b) Water connection fee </li></ul></ul><ul><li>c) If in-house financing (Plan A, B & C), must have paid at least 51% of the TCP and forwarded complete PDC’s for the balance. </li></ul><ul><li>If Plan C5 (5 years) must have complied with all of the following: </li></ul><ul><ul><li>a) Must have paid at least 30% of the TCP with complete PDC’s for the balance. </li></ul></ul><ul><ul><li>b) Have been credit approved and have paid the credit investigation fee. </li></ul></ul><ul><ul><li>c) Have secured a SRI policy with accident & disability riders </li></ul></ul><ul><ul><li>d) Have secured a Fire Insurance policy. </li></ul></ul><ul><li>If bank and other financing, must have fully paid the equity and the “LETTER OF GUARANTEE” or “LETTER OF UNDERTAKING” has been issued by the financing institution. </li></ul><ul><li>Has signed the Certificate of Acceptance for his unit. </li></ul>
  26. 39. We offer House & Lot, Beach Lot, Condominium etc. For site visit call/text: DAISY MENDEZ 0906-4753779/0922-4417886 Log on to: http// We accept: CASH, BANK& PAG-IBIG FINANCING, IN-HOUSE