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REDSTONE VILLAGE
Maria Luisa Properties • 21 Paseo Annabelle, Maria Luisa Estate Park, Banilad, Cebu City, Philippines 6000
Phone: (63 32) 346.2626 / 346.9562 | Fax: (63 32) 346.9188 Mobile: 0917.327.9820 | Email: info@marialuisaproperties.com
COPYRIGHT 2009 MARIA LUISA PROPERTIES
ALL RIGHTS RESERVED
1.How big is the development?
Redstone Village is a 1.4-hectare fully developed residential project.
2.Where is it located?
It is located inside Kahayahay 1 Subdivision at Pulangbato, Cebu City.
3.What are the lot sizes?
The lots range from 90 sq.m. to 322 sq.m. The terrain is a combination of flat and hill areas.
4.How much is the investment per square meter?
Investment rate starts at P7,500 per square meter.
5.Are there house & lot packages available in the village?
We are selling the model houses for Redstone Village built in Kahayahay 1 Subdivision.
The buyer may choose between a bare unit or a finished unit. The lot sizes range from 83 sq.m to 105
sq.m. and the floor areas from 81.3 sq.m. to 90.2 sq.m.
6.How much are the house & lot packages?
Price range is from P2,628,000 to P4,000,000.
7.Distance to the subdivision?
POINT OF REFERENCE KILOMETER
* Sacred Heart School - 3.4 km
* Maria Montessori International School -- 800 meters
* University of San Carlos, Talamban -- 4.6 km
* Talamban Gym -- 2.4 km
* North General Hospital -- 2 km
8.What are the amenities and features of the subdivision?
* Playground
* Basketball court
* Clubhouse
* Centralized Water System
* Concrete Roads and Gutters
* Water Treatment Facilities
9.Security & Safety
The village has its own gate and guard house. The site is within another subdivision (Kahayahay 1)
which has a 24-hour guard stationed at the entrance gate.
TECHNICAL
1.Water System?
Water supply comes from our own deep well near Kahayahay 2 subdivision. It is pumped to the two existing water tanks at Redstone Village. One water tank has a capacity of 14,000 liters while the other, 10,000 liters.
2.Highest elevation in the subdivision?
The highest elevation is 90 meters above mean sea level, more or less.
3.Utilities & Facilities
Electricity is provided by the Visayan Electric Company (VECO). Telephone connections are provided
by Globeline & PLDT. Dream Satellite provides TV connections.
4.Required minimum value of houses to be constsructed?
One (1) residential house of strong materials costing at least P1,000,000.00.
5.Maximum building height allowed and the easement requirements?
Houses can be built up to 2 storeys high. The properties are subject to an easement as provided for by the Office of the Building Official (OBO) of the City of Cebu.
6.Other restrictions?
Lot shall be used for residential purposes only. Only one (1) single house may be constructed on a
single lot. Please ask for a copy of the Deed of Restrictions for detailed information on building restrictions.
FINANCING
1.Reservation Fee?
An amount equivalent to Php 15,000 is required as Reservation Fee. The reservation fee forms part of
lot investment. This is non-refundable/non-transferable.
2.Bank Financing accepted?
Yes. Bank loan for lots only and house and lot packages are accepted with Letter of Guarantee from bank due within 60 days after reservation has been made.
LOT ONLY PACKAGE
IN-HOUSE FINANCING
SCHEME 1:
The amount equivalent to 30% Downpayment is paid outright. The remaining 70% balance is payable in 6 months, at 0% interest. Balance may also be paid in 1 to 4 years with corresponding interest rates based on current BPI bank rates plus 3%.
SCHEME 2:
The amount equivalent to 24% Downpayment is stretched over a Twelve (12) months period with interest. The remaining 76% balance is payable in 1 to 3 years with corresponding interest rates based on current BPI bank rates plus 3%.
HOUSE AND LOT PACKAGE
Can I choose any bank to serve my financing?
Agro-Macro Dev't. Corp. has accreditation arrangements with BPI, Metrobank, Chinabank, BDO, PS Bank, Allied Bank, City, Savings Bank and RCBC. However, the Buyer has the option to transact with any bank if his choice. A Letter of Undertaking / Guarantee from the choice bank is required prior to document transfer.
All prices, fee, charges and interest rates are subject to change without prior notice. Please coordinate with our office for accurate figures.
1.Do all your lots have clean Titles?
Yes. Agro-Macro Development Corp. does not sell lots that are untitled. Agro-Macro guarantees that all titles are free from all liens and encumbrances.
2.How long will the processing of individual titles and tax declarations take?
Upon full payment and submission of complete documents, it will take approximately 6 months currently to transfer the titles and tax declarations to Buyer's name.
3.When can I build my house in the village?
Construction of residential houses may commence upon full payment of the lot and all expenses required for the transfer of documents to Buyer's name.
(all rates are subject to change w/o prior notice)
FACT SHEET