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


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



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


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


SAMPLE COMPUTATION

SAMPLE COMPUTATIONInstallment – Bank Financing (BPI) 10% Downpayment

TSP : 1,860,400.00

Reservation fee : 30,000.00

Downpayment : 186,400.00


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


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


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


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


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)


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.


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


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


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.


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.


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.


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.


20. Can you grow vegetables in the yard?

- No. Only ornamental plants can be grown in the lawn.


21. Is taal volcano a threat in the community’s safety?

- No, the location of project is beyond the tagaytay danger zone.


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.

Wellington Courtyard

Real Estate

Transcript of Wellington Courtyard