DANCING SUN SUBDIVISION

FACT SHEET

Dancing Sun Subdivision boasts of key amenities for sports, recreation and other services. The whole community is in harmony with the culturally rich heritage of the locale, with a cool view of the hilly lands at the west and a gentle breeze coming from the shorelines at the east. Peaceful and serene, Dancing Sun makes living away from the city a paradise.

1. How big is the development?
   Dancing Sun Subdivision has a total land area of 7.2 hectares.
2. Where is it located?
   Located in Bolinawan, Carcar, just 5 minutes away from the Carcar rotunda.
3. What are the lot sizes?
   The residential lots of Dancing Sun Subdivision range from 72 to 130 square meters.
4. How much is the investment per square meter?
   Dancing Sun Subdivision lots start from as low as Php2, 750 per square meter up to Php3, 000 per square meter.
5. Kilometer/Minute Mileage to the subdivision?
   
   • It is approximately 1.7 kilometer from various institutions and is 40 kilometers south of Cebu City.
   • It is 5 minutes from the town proper (municipal hall, market, schools and banks)
   • 3 to 5 minutes from the recreational beach area
   • 45 minutes from the South General Hospital
   • 1 hour from Cebu International Port
   • 1 hour and 30 minutes away from Mactan International Airport
6. What are the existing amenities?
   • Guardhouse and perimeter fence
   • Pocket Garden and open spaces
   • Landscaped mini parks
   • Clubhouse exclusive for homeowners
   • Concrete roads and gutters.
   • 24- Hour security.
   • Open commercial center located at the front of the subdivision.
   • Centralized water distribution system.
   • Electrical and communication facilities.
   • Parks and playgrounds.
   • Sports hall and Basketball court
7. What about the water system? Is there sufficient water supply?
   • Dancing Sun Subdivision is sufficiently provided with water by the Carcar Water District.
8. Are utilities like telephone, cable and electricity already in place?
   Electricity is ready for homeowner's to tap, this is provided for by Cebu Electric Company (CEBECO)
   Provision for telephone lines by Globelines.
   Provision for cable television.

TECHNICAL

1. Water System?
   Dancing Sun Subdivision is sufficiently provided with water by the Carcar Water District. .
2. What about the water system? Is there sufficient water supply?
   • Dancing Sun Subdivision is sufficiently provided with water by the Carcar Water District.
   • Provision for telephone lines by Globelines.
   • Provision for cable television.

      

Please ask for a copy of the Deed of Restrictions for detailed information on building restrictions.

FINANCING

Phase 1

1. Reservation Fee?
   A Reservation Fee of P5,000.00 is required to place on hold one lot. Said amount is good for 30 days only and will form part of the Contract Price if the transaction pursues.  However, this reservation is non-refundable in case of cancelation.
2. Accept Bank Loan?
   Yes.
3. Can I choose any bank to serve my financing?
   Agro-Macro Dev’t. Corp. has accreditation arrangements with BPI, Chinabank, Metrobank, PS Bank, City Savings Bank, RCBC and other banks. The Buyer has the option to transact with any bank of his choice. A Letter of Undertaking / Guarantee from the bank is required within 60 days prior to transfer of document.
4. Other Financing Schemes?
   Flexible Payment Schemes are available for In-House Financing.  Clients are to issue post-dated checks for the remaining payment period. Following are the payment schemes:
• SCHEME 1:
  The amount equivalent to 30% Downpayment is paid outright. The remaining 70% balance may be paid in 1, 2 or 3 years subject to 12.50%, 12.75% or 12.75%  interest rate per annum, respectively. 
• SCHEME 2:
  The amount equivalent to 24% Downpayment is stretched over a Twelve (12) month period at 12.50% interest. The remaining 76% balance is payable in 1, 2 or 3 years subject to 12.75%, 12.75% and 13.00% interest rate per annum, respectively.

Cients may also avail of loan thru PAG-IBIG Fund.  The terms may go as high as 30
years to pay depending on the assessment of PAG-IBIG.
* Interest rates used are estimate only.  Actual rates are based on BPI Bank Interest Rates plus 3% upon buyer’s confirmation of purchase.
* All prices, fees, charges and interest rates are subject to change without prior notice

Phase 2

1. Reservation Fee
   A Reservation Fee of P15,000.00 is required to place on hold one house and lot unit. The Fee forms part of the Processing Fee.  Said amount is good for 30 days only and will form part of the Contract Price if the transaction pursues.  However, this reservation is non-refundable in case of cancelation.
2. Processing Fee

For Inner Units, a Processing Fee of Php70,750.00 is required.  This can be paid in three months or six months without interest.  This can also be paid in 1 year at 18% interest.
For End Units, a Processing Fee of Php72,250.00 is required.  This can be paid in three months or six months without interest.  This can also be paid in 1 year at 18% interest.

1. Pag-ibig Financing

Pag-ibig Fund can accommodate the financing of the project. Buyers may pay for the house and lot units for as long as 30 years.

* Prices and terms are subject to change without prior notice and approval.
* Contract price is exclusive of electric & water meter installation fees which are to the account of the buyer.
* Take-out charges / deductions should be paid to the developer upon take-out prior to move-in (this includes one month advance amortization, MRI and fire insurance premiums & other loan deductions)
*Reservation fee is non-refundable and non-transferable.
* Confirmation fee & monthly cash-out balance payments should be issued with post-dated checks (PDCs) within 15 days from date of reservation.
* 24 months Pag-ibig monthly amortizations should be issued with PDC’s upon advice of the developer.
* All payments should be made payable to MARAG-ING REALTY & DEVELOPMENT CORPORATION (MRDC), developer of the houses.

* Special discount promo applies to priority units only.

DOCUMENTATION

1. Do all your lots have clean Titles?
   Yes. All lots are covered with titles ready for transfer, issued by the Registry of Deeds for the Municipality of Carcar.
2. How long will the processing of individual titles and tax declarations take?
   With complete documents and full payment, it will take approximately 2-3 months to transfer titles to the buyer's name.
3. When can I build my home in Dancing Sun Subdivision?
   Full payment is required before you can start building your home.
4. REQUIREMENTS
   Buyer (For Individual):
   • Copy of Community Tax Certificate
   • Copy of Taxpayer's Identification Number
   • Buyer's Reservation Form
   Buyer (For Corporation):
   • One (1) copy – Articles of Incorporation
   • One (1) copy – By-Laws
   • Original & Photocopy of Secretary Certificate
   • One (1) copy – Community Tax Certificate
   • One (1) copy – Community Tax Certificate of Authorized Representative
   • One (1) copy of T.I.N. of Corporation
   • One (1) copy of T.I.N. of Authorized Representative
   • Buyer's Reservation Form