One Castilla Place Vacation Resort Condo Great Investment 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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One Castilla Place Vacation Resort Condo Great Investment No Spot Downpayment

  1. 1. One Castilla PlaceQuezon CityOne Castilla Place is a low density Modern Minimalist themed high-rise enclave in Quezon City that offers intimate and tranquilenvironment with lush landscapes for the discerning and growingupper middle-income families seeking to live in a private, secured,and serviced neighborhood within reach from city’s activity andbusiness centers in a time of increasing cramped living spaces inthe city.
  2. 2. SITE DEVELOPMENT PLAN Located on 5.4 hectares of prime land, this contemporary residential condo development boasts of 67% open space peppered with lush landscaping and grandiose amenities. Truly expansive living spaces and resort inspired amenities make One Castilla Place your family’s urban sanctuary. UNIT TYPES One Bedroom Unit: 40.00 sqm One Bedroom Unit: 46.50 sqm Two Bedroom Unit: 54.00 sqm Two Bedroom Unit: 54.00 sqm Two Bedroom Unit: 69.00 sqm Three Bedroom Unit: 81.00 sqm Three Bedroom Unit: 81.00 sqm Tandem Unit: 108.00 sqm
  3. 3. Amenities Quezon City One Castilla Place will have a variety of resort-like amenities with well landscaped open areas / gardens combining passive and active areas for all the members of the family. INDOOR AMENITIES Entertainment Room Sky Lounge Game Room Landscaped Atriums OUTDOOR AMENITIES Lap Pool The Observatory / Sky Park Gazebo/Cabana Shower Area Pocket Gardens FACTILITIES Main Entrance Gate Hote-Like Lobby 24-hour security CCTV Cameras Perimeter fence Laundry Station Water station
  4. 4. Entertainment Room Game Room Swimming Pool Sky Lounge
  5. 5. FeaturesQuezon CityDISTINCT FEATURES A more reserved location It is brilliantly situated in proximity to all places of interests – schools, hospitals, religious centers, business districts and commercial areas. A more private, quiet area since there’s no public transportation on Castilla street. Nearest access to public transportation is along N. Domingo St., traversing the stretch from San Juan to Cubao and vice versa. It is also accessible via major thoroughfares namely Aurora Blvd., N. Domingo St., and Granada St. – Ortigas Ave., The Pleasures of a true resort-inspired community Experience genuine resort ambience with various active and passive comforts. Best-in-class amenities include swimming pools, thematic gardens, fitness gym, function hall, entertainment/game room and a sky park. Efficient condo management The professionally trained property management team will take care of daily community needs allowing for a worry-free, easy and comfortably convenient experience.
  6. 6. The One Castilla Place Property Management will provide services like 24-hour security including roving guards, guarded entrance gate, general maintenance of common areas, utilities applications and payment assistance and taxi call-in service. Reliability and stability A smart investment decision avowed by DMCI Homes’ commitment to quality workmanship spanning over 10 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 Balcony in all units Stand-by power generator Provision for CCTV cameras Provision for individually metered utility and cable connections per unit Wi-fi ready indoor amenity area Fire alarm system with automatic fire sprinkler and suppression system 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
  7. 7.  Newspaper delivery Payment Terms Quezon City 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

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