Torre Central

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WHY INVEST AT TORRE CENTRAL
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Torre Central is another project of Torre Lorenzo Development Corporation located along the university belt of Espana Manila.

It is a 30 storey residential building (650 SQ M development) that offers only 18 units per floor which are all fully furnished providing utmost convenience to both students and their families.

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UNIT FEATURES
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*Bunk Beds
* Study table with shelves
* Wardrobe closet
* Kitchen top with stainless sink and grease trap
* Bathroom Fixtures
* Steps as drawers
* Range hood
* Stove Top
* Shower Heater

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AMENITIES AND FACILITIES
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* Function Halls
* Fitness center and wellness center
* Swimming pool
* Lounge area
* Study hall

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PAYMENT TERMS
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Option 1:
8% Discount for Spot Cash Payment

Option 2:
3% Discount for 20% Spot Down payment

Option 3:
20% Down payment payable in 36 months,
80% thru bank financing

Option 4:
36 equal payments at 0% interest

Reservation Fee : PHP 25,000

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SAMPLE COMPUTATION
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Based on Option 1: 100% cash payment in the list price with 8% discount.

Unit: Studio Unit with 30.39 sqm

List Price : PHP 3,289,717.50
Spot Cash discount : PHP 263,177.40
Discounted Selling Price : PHP 3,026,540.10

Furniture, Fixtures and equipment: PHP 680,736
Discounted Selling price: PHP 3,707,276.10

Less Reservation Fee : -PHP 25,000
Net Selling Price : PHP 3,682,276.10
Titling & Miscellaneous Fee 5.50% : PHP 166,460
Total Contract Price : PHP 3,848,736.10
Less: Retention Payable upon Turnover : PHP (50,000.00)

NET PAYABLE : PHP 3,798,736.10

Option 3: 20 – 80
20 % DP payable in 36 months
80 % balance payable through Bank Finance or Cash

20% DP: PHP 873,043.92
Less RF: PHP 25,000
Net DP: PHP 848,043.92
20% Titling fee and miscellaneous fee: PHP 36,187
Total DP due: PHP 884,230.92

Monthly Amortization for 36 months: PHP 24,561.97

80% balance: PHP 3,492,175.68
80% titling fee and miscellaneous fee: PHP 144,747
Total balance due: PHP 3,636,922.68

Monthly amortization, Interest rate at 11.5% per annum is for illustration purposes only actual rate to be based on bank prevailing rate

Monthly amortization based on 5 years : PHP 77,273.85
Monthly amortization based on 10 years : PHP 48,062.20
Monthly amortization based on 15 years : PHP 39,082.56

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INVESTMENT PACKAGE
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* Studio unit- 30.39 sqm: PHP 3,289,717.50

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DISCOUNTS & PROMOS
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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.torrecentralmanila.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.