Wellington Courtyard
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Transcript of Wellington Courtyard
SITE LOCATION
Future Commercial
Site
Mah
ogan
y A
venu
e
Mayor’s Drive
S N
W
E
Tagaytay City
SECOND SUMMER CAPITAL OF THE COUNTRY
CENTER FOR SPIRITUAL RETREAT & RELAXATION
ARCHITECT’S PERSPECTIVE
Location: Mayor’s Drive corner Mahogany Ave., Tagaytay City, Cavite
SITE DEVELOPMENT PLAN
Clubhouse
12 m wide Pedestrian Entrance
Admin Office
Reflecting Pool
5 m wide Promenade
Picnic Ground
Infinity Pool
Multipurpose Playcourt
Separate Vehicle
Entrance
Childrens’ Playcourt
WHY WELLINGTON COURTYARD?Wellington Courtyard is a 5-strorey Vacation Condominium the offers:
1. The View and - 2nd to 5th floor units equipped with balconies
Cool Breeze - 90% of units facing the courtyard
2. Security - Gate & Guardhouse
- Lobby and Reception area
-Perimeter fence
3.Trouble –free - Covered Parking Area
Parking - 6-meter driveway
WHY WELLINGTON COURTYARD?4.Easy Access to - Service Elevator Units - Service Stairs
- 1.5 meter corridor
5.Safety for Senior - Separate Pedestrian & Vehicle Traffic Family members - Ramp-up and children
6. Household conveniences - Cable TV Ready & Maintenance Services - Telephone Lines
-Water Tank-Building Administration
WHY WELLINGTON COURTYARD?
7. Unlimited Rest & - Courtyard Features
Recreation with Reflecting Pool
Family & Friends Infinity Pool
Picnic & Children’s Playcourt
Multi-purpose play court
Clubhouse
Admin. Office
GROUND FLOOR LEVEL
Lobby/Reception areaService Stair
Service Elevator Fire ExitRamp up
Typical Promenade (4)Promenade Corner (1)
Promenade End (1)
Architect’s Rendition of Promenade Unit
TYPICAL PROMENADE UNIT•AREA: 64.40 SQM•2 TOILET & BATH•SERVICE AREA•2 BEDROOMS•PORCH•LAWN
TOTAL SELLING PRICE
PROMENADE CORNER UNIT•AREA: 64.40 SQM•2 TOILET & BATH•SERVICE AREA•2 BEDROOMS•PORCH•LAWN
TOTAL SELLING PRICE
PROMENADE END UNIT•AREA: 64.40 SQM•2 TOILET & BATH•SERVICE AREA•2 BEDROOMS•PORCH•LAWN
TOTAL SELLING PRICE
TYPICAL 2ND TO 4TH FLOOR
A B C E F GD
Typical 2 BR Unit (4)2 BR Corner Unit (1)
1.50 m wide corridorDrying Area for every unit except for the Typical 1 BR unit
Typical 1BR Unit (1)
2 BR End Unit (1)
Architect’s Rendition of Typical 2 BR Unit
TYPICAL 1 BEDROOM UNIT•AREA: 28.64. SQM•1 TOILET & BATH•1 BEDROOM
TOTAL SELLING PRICE
TYPICAL 2 BEDROOM UNIT•AREA: 49.00 SQM•2 BEDROOMS•1 TOILET & BATH•DRYING AREA•BALCONY
P2,485,000.00TOTAL SELLING PRICE
2 BEDROOM END UNIT•AREA: 49.00 SQM•2 BEDROOMS•1 TOILET & BATH•DRYING AREA•BALCONY
P2,495,000.00TOTAL SELLING PRICE
2 BEDROOM CORNER UNIT•AREA: 57.40 SQM•2 BEDROOMS•1 TOILET & BATH•DRYING AREA•BALCONY P2,950,000.00
TOTAL SELLING PRICE
Architect’s Rendition of Penthouse Unit with Loft
5TH FLOOR PLAN
Penthouse Corner Unit (1)
Typical Penthouse Unit (4)
Penthouse 1 Bedroom Unit (1)
Penthouse End Unit (1)
PENTHOUSE 1 BEDROOM UNIT
•AREA: 28.64. SQM•1 TOILET & BATH•1 BEDROOM
TOTAL SELLING PRICE
TYPICAL PENTHOUSE UNIT•AREA: 79.20 SQM•2 TOILET & BATH•3 BEDROOMS•FAMILY HALL•DRYING AREA•BALCONY•DORMER
P4,750,000.00TOTAL SELLING PRICE
P4,850,000.00TOTAL SELLING PRICE
PENTHOUSE END UNIT•AREA: 79.20 SQM•2 TOILET & BATH•3 BEDROOMS•FAMILY HALL•DRYING AREA•BALCONY•DORMER
TYPICAL PENTHOUSE UNIT(UPPER FLOOR)
PENTHOUSE CORNER UNIT•AREA: 87.60 SQM•2 TOILET & BATH•3 BEDROOMS•FAMILY HALL•DRYING AREA•MAID’S ROOM•BALCONY•DRYING AREA•DORMER
P5,500,000.00TOTAL SELLING PRICE
CORNER UNIT PENTHOUSE(UPPER FLOOR)
LOFT PLAN
Penthouse Corner Unit – Loft (1)
Typical Penthouse Unit – Upper Floor (5)
Water Tank
CONDOMINIUM UNIT Cash
Deferred CashInstallment
Thru:Bank Financing
In-House Financing
FINANCING OPTIONS
DEFERRED CASH
Reservation fee P 30,000.00 (Condominium)
Deferred TSP (net of reservation fee)
Payable in 18 mos, 0% interest
FINANCING OPTIONS
Deferred CashTSP : 1,860,400.00
Reservation fee : 30,000.00
Deferred : 1,830,400.00
Monthly, 18 months : 101,688.89
Miscellaneous Fee – 5% of TSP (Net) : 93,020.00
Monthly, 18 months : 5,167.78
SAMPLE COMPUTATION
SAMPLE COMPUTATIONInstallment – Bank Financing (BPI) 10% Downpayment
TSP : 1,860,400.00
Reservation fee : 30,000.00
Downpayment : 186,400.00
Monthly, 18 months : 8,688.89
Balance : 1,674,000.00
Monthly, 5 years @ 10.5% pa : 35,980.79
10 years @ 11.5% pa : 23,535.68
15 years @ 12% pa : 20,090.21
Miscellaneous Fee – 5% of TSP (Net) : 93,020.00
Monthly, 18 months : 5,167.74
Documentation
LIST OF REQUIREMENTS
ACCEPTANCE OF SALE
Signed and Accomplished Offer To Reserve/Reservation Agreement
Signed and Accomplished Buyer's Information Form
Signed Construction Agreement (if with house package)
Photocopy of Valid IDSigned Sample Option/Computation
After Reservation:Buyer's Undertaking (if buyer has incomplete docs.)
Signing of Schedule of Payments
Signing of List of Requirements
PAYING EQUITYPersonal Requirements: (within 8 days after the reservation)
Community Tax Certificate (principal and spouse if married)
TIN Card/1902 Form (TIN Application)
Birth Certificate (single)/Marriage Contract (Married)
Death Certificate of Spouse (widow) Court Order/Divorced Paper (legally separated)
Photocopy of Passport (OFW)
Valid ID of spouse (if married)
CTC and Valid ID of Atty-In-Fact (if OFW)
Postdated Checks for downpayment based on schedule of payments
Signing of RHI Contracts/Documents:
Contract To Sell
Deed of Sale
Deed of Restrictions
Deed of sale with Reconveyance
Deed of Sale with Mortgage
Other Requirements:
Special Power of Attorney (for OFW/working abroad)
Sworn Statement (for naturalized citizen of other countries)
Affidavit of Waiver (for foreigner spouse of buyer)
Cert. of Registration of Business and Business Permit (for self-employed)
PROCESSING OF LOAN
Financial Requirements:Current Contract of Employment/Consularized Certificate of Employment (OFW)
Notarized Cert. of Employment w/ Compensation (Locally Employed)
Audited Financial Statement (Self-Employed)
Proof of Remittance
Latest Six Mos. Bank Statement
Pag-IBIG Passbook (for P.O.P. member)
MSVS-Membership Status Verification Slip (for Pag-IBIG local member)
Income Tax Return (ITR)
Duly Signed and Accomplished Loan Application Form
TIME OF DELIVERY
•Delivery date is on 2010, the 37th month from the start of paying the monthly amortization•Start of construction of Building A is upon selling at
least 20 units•Guardhouse shall be constructed simultaneously
with building A•Admin Office and Clubhouse shall be constructed
simultaneously with building B
FAQ’s
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
1. What is the height from floor to ceiling?- - 2.7 meters or 9 feet2. What is the length of the building?- - 42 meters3. What is the capacity of the elevator?- - 10 persons
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
4. What is the roofing system?- - Asphalt shingles5. What are the construction materials?- - Concrete, steel and timber6. What is the dimension of the car park?- - 2.60 x 5.20 meter or 13.52 sq.m.
compared to standard which is 2.20 x 5.00
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
7. What are the inclusions of the miscellaneous fee?- the miscellaneous fee for Wellington Courtyard covers the following:
FOR IN-HOUSE FINANCINGA. Deposit on Misc. Fee
Transfer TaxDoc stamps for registration of saleFiling fee for registration of saleWater and Electric Connection
B. Deposit on Loan and Mortgage FeesMortgage AnnotationNotarial Fee
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
7. What are the inclusions of the miscellaneous fee?- the miscellaneous fee for Wellington Courtyard covers the following:
FOR BANK FINANCINGA. Deposit on Misc. Fee
Transfer TaxDoc stamps for registration of saleFiling fee for registration of saleWater and Electric Connection
Note: Bank misc. fee is exclusive of Mortgage Annotation, Handling Fees and Insurance (MRI and Fire)
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
8. What is the depth of the building
foundation?- Depends on structural computation.
Foundation of the building shall withstand the required earthquake intensity of 7.
9. Does it have a garbage chute? What is its garbage disposal management?
- None. But it has a centralized garbage bin.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON
COURTYARD 10. Will each building have a
guard/receptionist for monitoring of people coming in and out of the building?
- Each building shall have an area for reception. As to having a staff/receptionist to man the reception is Condo Corp. dependent.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
11. What is the capacity of the water tank?
- Will follow the required 20% of average daily demand with fire reserve as mandated by law.
12. What is its water and electricity source?
- For Electricity, its Meralco Electric lines, for water, it’ll be the local district water supply
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
13. What is the height of the perimeter fence?
- 1.8 meters as required height in the tagaytay zone
14. What is its fire protection device? Does it have sprinklers? Or at least fire extinguisher for each floor of the building?
- Each unit shall have an individual smoke detector (battery operated)
15. What is the height of the building?18.50 meters
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
16.Is the location accessibility to manila? What’s the traffic flow in the area? What are the means and modes of transport?
- The location of the Wellington Courtyard is highly accessible from Metro Manila. One has options of different access routes going to the site. One could take the coastal road-aguinaldo hi-way or SLEX via Sta. Rosa or Southwoods exit-Silang road-Aguinaldo Hi-way.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
17.Are there schools, shopping malls, churches, hospitals and business establishments in the area?
- Yes. There are a lot of of places of interest in the area. Number of colleges are there such Mater Dei, Olivarez College. Shopping Malls which are soon to rise are major malls such as SM and Robinsons. And a bunch of restaurants and fast food outlets to choose from.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
18. Does it have enough outdoor space?- Yes, the courtyard gives enough outdoor
space for all the unit owners. The courtyard comes with number of features and amenities. From swimming pool to multi purpose clubhouse, to promenade, to multi-purpose play court, and the rest of the courtyard amenities.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
19.Are pets allowed in the condominium?- It will depend on the deed of declaration of
restrictions to be agreed upon by the management body or the Condominium Corporation.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
20. Can you grow vegetables in the yard?
- No. Only ornamental plants can be grown in the lawn.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
21. Is taal volcano a threat in the community’s safety?
- No, the location of project is beyond the tagaytay danger zone.
FREQUENTLY ASKED QUESTIONS ABOUT THE WELLINGTON COURTYARD
22. Is there a possibility of landslide or soil erosion in the area?
- None. Because the location is already quite far from the ridge area of tagaytay.