2 BHK at Sorrel Residences

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SORREL RESIDENCES IN MANILA
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Despite its convenient location, being just a block away from V. Mapa and Ramon Magsaysay Boulevard, residents are nevertheless shielded from the noise and pollution from these major thoroughfares. With priority given to security features and exclusivity, Sorrel Residences provides its future residents with peace of mind and worry-free living. This exclusive and gated community boasts of 24/7 security, and the purely residential community further takes your safety to the next level.

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WHY INVEST AT SORREL RESIDENCES?
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* Expansive open spaces
* Commanding skyline views
* Resort-style amenities
* Unparalleled access to all important places in the metro.
* True resort living like no other
* Efficiently planned unit spaces
* Within reach of urban living essentials
* Reliability and Stability courtesy of DMCI Homes brand

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BUILDING FEATURES
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* Laundry Station
* Perimeter Fence
* Balconies in all units
* Single-loaded corridors
* Landscaped atriums
* Scenic elevators

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UNIT FEATURES
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* Plain cement finish
* Ready to receive flooring in living dining and kitchen
* Ceramic tiles w/ pebble washout in balcony
* Vinyl planks w/ baseboard in Living, Dining, Kitchen and Bedrooms

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AMENITIES AND FACILITIES
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* Arrival Court
* Lap Pool
* Kiddie Pool
* Children's Playground
* Lounge Area
* Sky Park / Roof Deck
* Game Room
* Shower Area
* Fitness Gym
* Sky Lounge
* Landscaped Atriums

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PAYMENT TERMS
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Note:
DP : Down payment
BF : Bank Finance
RFO : Ready for Occupancy

Option 1: Spot Cash
- 100% cash payment in the list price with 10% discount.
- Additional 2% discount during construction period

Option 2: 20 - 80 (2% discount in the list price)
- 20% DP payable until RFO
- 80% remaining balance through cash or BF

Option 3: 30 -70 (6% discount in the list price)
- 30% DP payable until RFO
- 70% remaining balance through cash or BF

Option 4: 40 - 60 (7% discount in the list price)
- 40% DP payable until RFO
- 60% remaining balance through cash or BF

Option 5: 50 - 50 (8% discount in the list price)
- 50% DP payable until RFO
- 50% remaining balance through cash or BF

Additional 2% discount applies for complete PDCs and Documents within 30 days

Closing Fee Options

Scheme 1 :Cash payment : 3.6% of the TCP
Scheme 2 :Down payment period : 4% of the TCP
Scheme 3 :One time payment on RFO date : 4.5% of the TCP

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SAMPLE COMPUTATION
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2 BR Inner Unit with balcony
Unit: PH01
Unit: 53 sqm
Balcony: 9 sqm
List Price: PHP 4,538,000

Based on Option 1:

List Price : PHP 4,538,000
Less 10% discount : PHP 453,800
Net Contract Price : PHP 4,084,200
Less 2% discount ( PDC ) : PHP 81,684
Total Contract Price : PHP 4,002,516

With closing fee computation:

Scheme 1 : Cash payment - 3.6% of the TCP

Total Contract Price : 4,002,516
3.6% : PHP 144,090.58

Less reservation fee : PHP 20,000
Total Cash Payable: PHP 4,126,606.58

Based on Option 2

List Price : PHP 4,538,000
Less 2% Discount : PHP 90,760
Net Contract Price: PHP 4,447,240
Less 2% discount ( PDC ) : PHP 88,944.80
Total Contract Price : PHP 4,358,295.20

With closing fee computation:

Scheme 1 : Down payment options - 4% of the TCP

Total Contract Price : PHP 4,358,295.20
4% : PHP 174,331.81
Monthly Amortization: PHP 58,110.60

20% down payment of contract price : PHP 871,659.04
Less Reservation Fee : -PHP 20,000
20% DP of contract price (Net of Reservation Fee) : PHP 851,659.04
Monthly amortization for 20% DP payable until RFO: PHP 283,886.35

Total Monthly amortization with closing fee: PHP 341,996.95

80% Remaining Balance : PHP 3,486,636.16
Payable through Cash and Bank Financing

Monthly amortization, Interest rate at 10% per annum is for illustration purposes only actual rate to be based on bank prevailing rate

Monthly amortization based on 5 years : PHP 74,701.06
Monthly amortization based on 10 years : PHP 46,461.99
Monthly amortization based on 15 years : PHP 37,781.32
Monthly amortization based on 30 years : PHP 30,853.95

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INVESTMENT PACKAGE
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* Studio Unit w/ balcony(29sqm) =Approx. PHP 2.0 M
* One Br. Unit w/ balcony(38sqm) + 1 parking slot =Approx. PHP 3.2M
* Two Br. Unit w/ balcony(58sqm) + 1 parking slot =Approx. PHP P4.4M
* Three Br. Unit(77sqm) + 1 parking slot =Approx. PHP 6.0M

Parking Slot:
Basement Level 1 : Approx. PHP 580,000
Basement Level 2 : Approx. PHP 570,000
Basement Level 3 : Approx. PHP 560,000

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DISCOUNTS & PROMOS
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Additional 2% discount applies for complete PDCs and Documents within 30 days

Free Interior Design

Need a decorating inspiration? Don’t worry, we’ve got you covered. When you buy your dream home, we offer you a free interior design service that reflects you and your style. Because when you deal with us, there’s no right or wrong way to do it – just your way.

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PROJECT WEBSITE
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http://www.sorrelsdmci.com

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CONTACT US
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Smart: (+63) 908-812-3890
Globe: (+63) 917-797-5283
Landline: (+63) 2-531-5670

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WHY CHOOSE PHREALTY.COM?
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We are a SEC registered company and PRC licensed brokerage firm accredited by over 75 top property developers in the Philippines. We thrive on helping our clients transcend the buying/selling process and giving them the opportunity to achieve their goals with as little stress and risk as possible. Our real estate pros – who have a level of expertise unparalleled in the industry, will personally guide you through the entire buying process from beginning to end: finding your home, negotiating your contract, and signing documents.