RIDGE CREST MOLINO ROAD,BACOOR CAVITE
RIDGE CREST is a prime residential subdivision located right beside SM Molino in Bacoor, Cavite, that offers American-inspired homes and promises a haven for homeowners through its recreational amenities where residents can rest, relax and revitalize after a long day’s work.The house model is an 80-square meter unit on a 110-square meter lot, with four bedrooms, three toilets and bath, a living and dining area, a kitchen, a multi-purpose area, a service area, a balcony and a carport .From an initial area of about six hectares comprised of around 387 housing units, the project is now being expanded in response to the increased market demand for its product offering which is priced at less then two million pesos.Given the project’s design, location, facilities, land development, and elegant housing units, Ridge Crest can rightfully claim to being a place where homeowners can elevate their quality of life and live the lifestyle they have always dreamed of.Amenities and Facilities
* Clubhouse
* Swimming Pool
* Multi-Purpose Court
* Park/Children’s Playground
* Jogging Path
* Elevated Water Tank
* 24-Hour Security Madison House Model NOTE: PRICES MAY CHANGE DEPENDING WITH THE DEVELOPER
House Features:
* Floor Area: 110 sq. m.
* Lot Area: 80 sq. m.
* Three (3) Storey
* Four (4) Bedrooms
* Three (3) Toilet & Bath
* Living Area
* Dining Area
* Kitchen
* Multi-Purpose Area
* Service Area
* Balcony
* Carport
House Finishes:
* Painted Exterior/Interior Walls
* Tiled Toilet & Bath
* Tiled Kitchen Counter with Stainless Kitchen Sink
* Powder Coated Cathedral Window
* Decorative Accent Stones
* Provision for CATV, Telephone and Air-Conditioning Units
SAMPLE COMPUTATION FOR RIDGE CREST
THE MADISON HOUSE MODEL
IN-HOUSE FINANCING SCHEME
(INNER LOT)
PRICE STARTS AT PHP 2,380,000.00 AND UP
Typical Selling Price Php 2,380,000.00
Legal & Miscellaneous Fee Php 107,100.00
Total Contract Price Php 2,487,100.00
Loanable Amount Php 1,904,000.00
DP/Equity Payment Php 583,100.00
Less: Reservation Fee Php 30,000.00
Net Equity Php 553,100.00
Monthly Equity Payment
- Payable within 12 mos. Php 46,091.67
Monthly Amortization
(Excluding MRI/Fire)
5 years to pay with 18% interest Php 48,349.09
10 years to pay with 21% interest Php 38,066.99
CASH PAYMENT SCHEME
(INNER LOT)
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
PRICE STARTS AT PHP 2,380,000.00 AND UP
Typical Selling Price Php 2,380,000.00
Less: Reservation Fee Php 30,000.00
Selling Price Net of Reservation Fee Php 2,350,000.00
10% Discount within 7 days
from the date of reservation Php 2,115,000.00
9.5% Discount within 8 to 30 days
from the date of reservation Php 2,126,750.00
9% Discount within 31 to 60 days
from the date of reservation Php 2,138,500.00
8.5% Discount within 61 to 90 days
from the date of reservation Php 2,150,250.00
BANK FINANCING SCHEME
(INNER LOT)
PRICE STARTS AT PHP 2,380,000.00 AND UP
Typical Selling Price Php 2,380,000.00
Legal & Miscellaneous Fee Php 190,400.00
Total Contract Price Php 2,570,400.00
Loanable Amount Php 2,094,400.00
DP/Equity Payment Php 476,000.00
Less: Reservation Fee Php 30,000.00
Net Equity Php 446,000.00
Monthly Equity Payment
- payable within 12 mos. Php 37,166.67
Monthly Amortization
• Bank Financing computation is base on your bank of choice and subject to the bank’s requirements
• Bank’s prevailing interest at point of takeout shall apply
• Indicative interest rate shall be used in computing for monthly amortization
5 years to pay with 10.5% interest Php 45,016.82
10 years to pay with 10.5% interest Php 28,260.79
15 years to pay with 10.5% interest Php 23,151.47
20 years to pay with 10.5% interest Php 20,910.07
25 years to pay with 10.5% interest Php 19,774.94  Madison Floor Plan Ridge Crest Map |
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