The Silk Residences

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THE SILK RESIDENCES IN STA MESA, MANILA 

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* The Silk Residences is the flagship project of Data land Inc.,a brainchild of the owners of DDK Kontracts, Inc. (DDTKI), one of the top contractor in the country. DDTKI has been in the industry constructing large scale project including BPOs and high-rise buildings for 15years. 

 

* There are only 17 units per floor which give more privacy and spaces to unit owners.

 

* The Silk Residences is located along R. Magsaysay Cor. Santol, Sta Mesa, Manila. It’s premium location in Sta. Mesa paves way for easier access to many institution like universities, hospitals, government offices and commercial establishments are also situated on a higher part areas which are flood-free areas.

 

 

* The site is located between LRT2A V. Mapa and Pureza Stations. And because it is along the main road there is no problem of getting to other means of transportation such as jeepneys, buses and taxis.

 

 

* The Silk Residences is strategically located where important establishments are just a few minutes away from excellent Universities known as " The University Belt ", Hospitals, Government Offices, Commercial Establishments and Several Churches.

 

* Aside from a secured perimeter, The Silk Residences will have a 24/7 security personal and CCTV's around the property.

 

* A one bedroom flex unit which is available in Tower 1, comes with a customized movable/ adjustable wall in the living room, because the unit can be converted into two bedrooms. 

 

* And spacious amenities that surely complete one's comfortable life.

 

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BUILDING FEATURES

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* Its has a 24/7 security personnel and CCTV's around the property.

 

* A customized movable / adjustable wall in the living room for a one bedroom flex unit.

 

* There are 336 podium parking slots located in the 2nd and 5th floor.

 

* A bridge way that connect the two towers and totally secured / sheltered the fitness gym.

 

* Study Hall with Wi-Fi.

 

* And each Tower has one service elevator.

 

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UNIT FEATURES

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* For Living, Dining and Kitchen:

 

- Homogenous tiles

- Cement smooth Painted finish

- Kitchen Granite

- Counter top with stainless kitchen sink and above cabinet

- Provision for kitchen range hood

- Aluminum Framed glass Panel for Windows

- Semi–solid wood door with peephole for the main door and doorbell

- Automatic water sprinkler system units.

- Provision for telephone, cable and power

 

* For Toilet and Bath:

 

- Ceramic Tiles Flooring

- Toilet Walls Cement Wall Smooth Painted Finish

- Lavatory Unit Toilet Semi-recess Counter Top, 

- Water Closet Dual Flush Button with Bidet

- Toilet Paper Holder, Shower Head, Shower Niche, Vanity Mirror

- PVC Door, Vanity Mirror 

- Laundry Provision

 

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AMENITIES AND FACILITIES

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* Kiddie / Adult Pool

* Grand Lobby / Wi-Fi Enabled Study Hall

* Sky Lounge / Function Hall

* Retail Arcade / Meditation Garden

* Indoors Sports Hall / Jogging Path

* Fully - Equipped Gym

 

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PAYMENT TERMS

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Down Payment ( DP ) is minimum of 20%

Reservation Fee: Php 10,000

 

( Regular Discounts: )

 

* Option 1: ( Spot cash in 30 days ) 

 

10% discount on List Price

95% of the price on the list due within 30 days after Reservation Fee

5% Remaining balance payable until transferring of title

 

* Option 2: ( Spot cash in 60 days )

 

6% discount on List Price

95% of the price on the list due within 60 days after Reservation Fee

5% Remaining balance payable until transferring of title

 

* Option 3: ( Spot cash in 90 days )

 

3% discount on List Price

95% of the price on the list due within 90 days after Reservation Fee

5% Remaining balance payable until transferring of the title

 

( Standard Payment Terms: )

 

* Option 4: (10% Spot Cash Down Payment )

 

1% discount on List Price

10% Spot Down Payment due within 30 days after Reservation Fee

10% Down Payment payable over 36 months

80% Remaining balance payable in cash or thru bank finance

 

* Option 5: ( 20% - 80% Spot Cash Down Payment )

 

2% Discount on the List Price

20% Down Payment due within 30 days after Reservation Fee

80% Remaining Balance payable in cash or thru bank finance

 

* Option 6: ( 5% Spot Down Payment )

 

0% Discount

5% Spot Down Payment

15% Down Payment over 36 months

80% Remaining Balance payable in cash or thru bank finance

 

Option 7: ( 100% Spot Cash in 36 months )

 

100% Spot Cash can be paid in cash or thru Bank Finance for 36 months

 

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SAMPLE COMPUTATION

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* Unit Type : Studio Unit

* Floor Area ( Approx.): 22.76 sqm

* List Price : Php 1,555,162.00

 

Sample Computation Based on Option 1: ( Spot Cash in 30 days )

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List Price : Php1,555,162.00

Less 10% Spot Cash Discount: Php155,516.20

 

* Discounted Total Contract Price ( TCP ): Php1,399,645.80 

 

Less 95% Discount from Php1,399,645.80 = Php1,329,663.51 

Less Reservation Fee: Php1,329,663.51 - Php10,000 = Php1,319,663.51

 

* Spot Cash: Php1,319,663.51 ( 95% of discounted price less Reservation Fee ) / ( payable within 30 days after Reservation Fee )

 

Less 5% Discount from Php1,319,663.51 : Php69,982.29 ( payable upon transfer of title )

 

Total List Price: Php1,399,645.80 + Php69,982.29 = Php1,469,628.09

 

Sample Computation Based on Option 4: ( 10% Spot Cash DP )

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List Price : Php1,555,162.00

Less 1 % Discount = Php15,551.62

Total Contract Price ( TCP ) = Php1,539,610.38 

SpotDP 10% of ( TCP ) Php1,539,610.38 = Php153,961.04 

 

DP with 10% Discount Php153,961.04 is payable in 36 months

Less Reservation Fee = Php153,961.04 - Php10,000.00 = Php143,961.04 / 36 months 

 

* Monthly Amortization in 36 months will be Php3,998.92 

 

( where, The 20% of the Total Contract Price Php1,539,610.38 = Php307,922.08 

and The 80% Remaining Balance = Php1,231,688.30 can be paid ( In Cash / thru Bank Finance )

 

 

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 : Php26,169.75 

Monthly amortization based on 10 years : Php16,276.86 

Monthly amortization based on 15 years : Php13,235.79 

Monthly amortization based on 30 years : Php10,808.96 

 

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INVESTMENT PACKAGE 

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* Studio w/ or w/out Balcony = 22.32 sqm - 29.11 sqm

 

=. Php 1.5M - Php 2M

 

* 1 Bedroom Flex w/ or w/out Balcony = 46.008 sqm - 54.59 sqm 

 

= Php 3M - Php 4M

 

* 2 Bedrooom w/ or w/out Balcony = 46.10 sqm - 54.16 sqm

 

= Php 3.9M - Php 4.2M

 

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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.silkresidencesstamesa.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.