ARCHITECTURAL THEME Berkeley Residences is a 35-storey modern building with clean lines and unpretentious spaces. With units ranging from 19 to 80 square meters (studio-type, 1-bedroom, 2-bedroom), it is designed to suit the needs and the lifestyle of college students, working students, academicians, professionals and even families. It shall also be called home by its occupants. Location Located along Katipunan Avenue Corner Escaler beside BPI Bank right across Miriam College.
Information for units (Average Sizes of units) Studio 19 – 20 sqm. 1 Bedroom 21 sqm. 2 bedroom 42 sqm.
AMENITIES would include the following: Student Lounge Billiards Hall Swimming Pool Sunken Deck Gazebo Study Area Flora and Fauna FACTS SHEET LOT AREA: 3,145.47 sqm RESIDENTIAL FLOOR TO FLOOR 3.1 meters GROUND FLOOR 8 UNITS 4 Levels PARKING AREA 4TH FLOOR AMENITY AREA/START OF RESIDENTIAL AREA WITH 19 UNITS 5TH FLOOR RESIDENTIAL AREA WITH 26 UNITS 6TH TO 35TH FLOOR OPEN FOR SALE (TYPICAL FLOOR WITH AVERAGE OF 40 UNITS) TOTAL NUMBER OF UNITS 1047 units
*Checks are payable to SM Development Corp.
SAMPLE COMPUTATION: SPOT DOWNPAYMENT | INSTALLMENT DOWNPAYMENT | | Spot Down Payment (DP) balance in 24 months | | | | | | | | | | | | | | | | | | | Total contract price | | | | | | | | 3,379,123.80 | | | | | | | | | | | | | | Discount on the DP | | | | | Rate | 10% | | 33,791.24 | | | | | | | | | | | | | | Net TCP | | | | | | | | | 3,345,332.56 | | | | | | | | | | | | | | Reservation | | | | | | | | | 25,000.00 | | | | | | | | | | | | | | Add: | | | | | | | | | | | | | | | | | | | | | | | Other Charges | | | | | Rate | 5.5% | | 183,993.29 | | | | | | | | | | | | | | VAT (For Net TLP of P2.5M & Above – Net TLP x 12%) | | Rate | 12% | | 401,439.91 | | | | | | | | | | | | | | Net TCP after other charges and VAT | | | | | | 3,930,765.76 | | | | AMOUNT TO BE PAID AFTER RESERVATION | | | | | | | | | | | | | | Net Downpayment OC and Vat included less reservation | | Rate | 10% | | 368,076.58 | | | | | | | | | | | | | | Monthly Amortization with other charges | | No. of Months to pay | 24 | | 148,445.38 | | | | | | | | | | | | | | | | | | | | | | | | | | Installment Down Payment (DP) 10% in 18 | | | | | | | | Spot Down Payment (DP) balance in 30 months | | | | | | | | Total contract price | | | | | | | | 3,379,123.80 | | Total contract price | | | | | | | | 3,379,123.80 | | | Add: | | | | | | Rate | | | | | Discount on the DP | | | | | | 7% | | 23,653.87 | | | Other Charges | | | | | Rate | 6% | | 185,851.81 | | Net TCP | | | | | | | | | 3,355,469.93 | | | VAT (For Net TLP of P2.5M & Above – Net TLP x 12%) | | | 12% | | | | Reservation | | | | | | | | | 25,000.00 | | | Net TCP after other charges and VAT | | | | | | | 3,564,975.61 | | Add: | | | | | | | | | | | | DP (TCP x DP Rate) | | | | | DP Rate | 10% | P | 356,497.56 | | Other Charges | | | | | Rate | 5.5% | | 184,550.85 | | | Reservation | | | | | | | | | 25,000.00 | | VAT (For Net TLP of P2.5M & Above – Net TLP x 12%) | | Rate | 12% | | 402,656.39 | | AMOUNT TO BE PAID AFTER RESERVATION | | Net TCP after other charges and VAT | | | | | | 3,942,677.17 | | | Monthly Amortization with other charges | | | | Months | 18 | P | 18,416.53 | | AMOUNT TO BE PAID AFTER RESERVATION | | | Balance In-house Financing / Bank Financing | | | | | | 3,208,478.05 | | Net Downpayment OC and Vat included less reservation | | Rate | 10% | | 369,267.72 | | | | | | | | | | | | | | Monthly Amortization with other charges | | No. of Months to pay | 24 | | 148,892.06 | | | Installment Down Payment (DP) 20% in 24 | | | | | | | | | | | | | | | | | | | | Total contract price | | | | | | | | 3,379,123.80 | | Spot Down Payment (DP) balance in 36 months | | | | | | | | Add: | | | | | | | | | | | Total contract price | | | | | | | | 3,379,123.80 | | | Other Charges | | | | | Rate | 6% | | 185,851.81 | | Discount on the DP | | | | | | 3% | | 10,137.37 | | | VAT (For Net TLP of P2.5M & Above – Net TLP x 12%) | | Rate | 12% | | 405,494.86 | | Net TCP | | | | | | | | | 3,368,986.43 | | | Net TCP after other charges and VAT | | | | | | | 3,970,470.47 | | Reservation | | | | | | | | | 25,000.00 | | | DP (TCP x DP Rate) | | | | | DP Rate | 20% | P | 794,094.09 | | Add: | | | | | | | | | | | | Reservation | | | | | | | | | 25,000.00 | | Other Charges | | | | | Rate | 5.5% | | 185,294.25 | | | | | | | | | | | | | | Net TCP after other charges and VAT | | | | | | 3,739,574.94 | | AMOUNT TO BE PAID AFTER RESERVATION | | AMOUNT TO BE PAID AFTER RESERVATION | | | Monthly Amortization with other charges | | | | Months | 24 | P | 32,045.59 | | Net Downpayment OC and Vat included less reservation | | Rate | 10% | | 348,957.49 | | | Balance – In-house Financing / Bank Financing | | | | | | 3176376.372 | | Monthly Amortization with other charges | | No. of Months to pay | 24 | | 141,275.73 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | SPOT CASH | DEFFERED CASH | | Cash Sale | | | | | | | | | | | | Deferred Cash (DC) | | | | | | | | | | total contract price | | | | | | | P | 3,379,123.80 | | | Total contract price | | | | | | | | 3,379,123.80 | | Less: Discount | | | | | Rate | 10% | | 337,912.38 | | | Reservation Fee | | | | | | | | 100,000.00 | | Net TCP | | | | | | | | P | 3,041,211.42 | | | Other Charges | | | | | Rate | 5.5% | | 185,851.81 | | Reservation Fee | | | | | | | | 25,000.00 | | | VAT (For Net TLP of P2.5M & Above – Net TLP x 12%) | | | 12.00% | | 405,494.86 | | Other Charges | | | | | Rate | 5.5% | | 167,266.63 | | | Monthly Amortization with other charges | | | No. of Months to pay | 36 | P | 107,513.07 | | Add: VAT (For Net TLP of P2.5M & Above – Net TLP x 12%) | | Rate | 12.0% | | 364,945.37 | | | | | | | | | | | | | | Total Amount due | | | | | | | | 3,548,423.42 | | | | | | | | | | | | | |