PRODUCT ORIENTATION :PRODUCT ORIENTATION
A Presentation by MYVAN PROPERTIES AND DEVELOPMENT INC.delivering “Affordable Luxury Living” :A Presentation by MYVAN PROPERTIES AND DEVELOPMENT INC.delivering “Affordable Luxury Living”
MYVAN CITYSCAPE TOWER :MYVAN CITYSCAPE TOWER
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Slide 5:The Location
Proximity: Your Landmarks :Proximity: Your Landmarks Walking Distance from SYKES Building
(a call-center company)
Short Drive from/to AYALA Mall & SM City
Along F. Cabahug St. (Panagdait Area), near
Sarrosa Hotel
CONDOTEL :CONDOTEL a FUSION of
Residential Condominium
+
Hotel Operation
a condominium serving 2 purposes : units set-up for hotel use under a lease-back program as well as units for residential use The Concept
BUILDING Features :BUILDING Features Number of Floors : 16-storey
Number of Units : 13-14 units
Per Floor
No. of Parking Slots : 30 slots
BUILDING Features :BUILDING Features Basement
Parking Slots
1st Floor
Hotel Lobby &
Commercial Area
2nd Floor
MYVAN Corporate Office
3rd – 9th Floor
Condo-Hotel Units 10th – 16th Floor
Residential Units
Roof Deck
Swimming Pool
Function rooms
Clubhouse/Viewing Deck
The Amenities :The Amenities Hotel Lobby Reception Area
Two (2) high-speed elevator units
Indoor Parking
Wide Roof Deck area with Swimming Pool, function rooms, viewing deck
Landscape / Zen Garden
Automatic Fire alarm and sprinkler system
CCTV Monitoring System
100% Standby Generator for the whole building
Prime Commercial Areas (for Lease): open for Restaurant, Coffee House etc.
Lobby / Reception Area :Lobby / Reception Area Amenities
Swimming Pool :Swimming Pool Amenities
Restaurant :Amenities Restaurant
Ground Floor Layout :Ground Floor Layout
Basement Parking Layout :Basement Parking Layout
Roof Deck Layout :Roof Deck Layout
The HOTEL FLOORS :The HOTEL FLOORS
The HOTEL FLOORS :The HOTEL FLOORS
HOTEL UNIT Features :HOTEL UNIT Features Includes ALL features of Standard Residential Units (except kitchen countertop & cabinets), plus the ff finishes:
Beds
Coffee Table
Water Heater
Television with Cable / Internet
Closet / Dresser
Bathroom Finishes
Airconditioning Unit
Sofa set (for Presidential & Junior Presidential Suites)
Minibar (for Presidential Suite)
Bathtub (for Presidential Suite)
HOTEL Unit :HOTEL Unit STANDARD ROOM
20.17 sqm
HOTEL Unit :HOTEL Unit CORNER ROOM
24.36 sqm
JUNIOR PRESIDENTIAL SUITE :JUNIOR PRESIDENTIAL SUITE HOTEL UNIT
29.38 sqm
PRESIDENTIAL SUITE :PRESIDENTIAL SUITE HOTEL UNIT
33.45 sqm
HOTEL Unit Perspective :HOTEL Unit Perspective
Presidential Suite :Presidential Suite
Presidential Suite :Presidential Suite
Presidential Suite :Presidential Suite
Completely Managed :Completely Managed Professional Hotel Manager pays all of the Condotel Units Bills such as : Electricity, Water, Utilities, Business Taxes Unit Owner just needs to wait for his Net Monthly Rental
Income Regardless of where the owner resides The Net Monthly Rental Income may be deposited to
owner’s bank account, upon request
Completely Managed :Completely Managed Income Distribution
Approximately 60% of the Gross Hotel Revenues is deducted to cover the cost of operations of the Condotel Operation.
The Balance of 40% of the Gross Revenues will be divided equally based on the floor area owned.
Each condotel unit owner will earn the same amount per square meter, regardless of actual unit usage.
Completely Hassle Free :Completely Hassle Free Unit Owner is entitled to 30-DAYS FREE USE at any time (conditions apply)
Unit Owner may assign his FREE USE to another person
Complete USE of Hotel Facilities and Amenities even for Residents
Completely Income Generating :Completely Income Generating Projected Net Rental Income at
85% Occupancy Rate Net Income Since Condotel units are Completely Managed Share per month :
(For Ave Size Unit) Php 13,059.27
Why invest in Real Estate? :Why invest in Real Estate? Maximizing your investment portfolio
thru real estate development banking Bank vs. Real Estate
Why invest in Real Estate? :Why invest in Real Estate? Maximizing your investment portfolio
thru real estate development banking Pre-Need Insurance vs. Real Estate
Why invest in CITYSCAPE ? :Why invest in CITYSCAPE ? INVESTMENT PROJECTIONS @ 85% Hotel Occupancy
Gross Monthly Revenues : P 2,772,997.00
40% Unit Owner’s Share : 1,109,198.80
Ave Share per Unit per month : 13,059.27
for 20.17sqm unit
Assumption: total floor area for condotel is 1,713.15 sq m(647.46 x 20.17 sq m)
Annual Share per Unit (20.17sqm): 156,711.22
30 DAYS FREE USE (net of 30%) : 25,158.00
Annual Gross Income : 181,869.22
Less Amortization (PAG-IBIG) : 92,269.56
Net Annual Income : P 89,599.66
Slide 35:@ 85% Hotel Occupancy
Total Contract Price : P1,553,090.00
Reservation Fee : P 20,000.00
20% DownPayment, net RF) : 290,618.00
MONTHLY DP FOR 18 MOS : P 16,145.44
80% BALANCE, thru PAGIBIG/
BANK : P 1,242,472.00
With only 20% DOWNPAYMENT : P 310,618.00
/ Php 89,599.66
CASH ON CASH RETURNS W/IN : 3-4 YEARS!!!
RETURN ON INVESTMENT :RETURN ON INVESTMENT Annual Returns : P 181,869.22
5 years lock-up
in hotel operation
TOTAL RETURNS IN 10 YRS: P 1,818,692.200 Within 10 years, you have fully recovered your investment and the property is still within your possession!!! Note: Amounts stated above are subject to change based on prevailing prices and actual loan amounts and revenues. MYVAN Properties reserves the right to make changes or correct errors.
The RESIDENTIAL FLOORS :The RESIDENTIAL FLOORS
Residential UNIT Features: :Residential UNIT Features: Studio Type
Completely Tiled Kitchen and Bathroom Floors
Granite Kitchen Countertop and Cabinets with sink & faucet
Balcony & windows
Water Closet & Lavatory
Provision for Telephone and CATV
Modular Type: can combine 2 or more
adjacent units for 2 or more
bedrooms
Residential UNIT LAYOUT :Residential UNIT LAYOUT STANDARD
UNIT
20.17 SQM
Residential UNIT LAYOUT :Residential UNIT LAYOUT CORNER
UNIT
24.36 SQM
Unit Perspectives :Unit Perspectives
MODULAR Type: Combined Units :MODULAR Type: Combined Units 1-BR
UNIT
40.34 sqm
MODULAR Type: Combined Units :2-BR
UNIT
40.34
sqm. MODULAR Type: Combined Units
MODULAR Type: Combined Units :MODULAR Type: Combined Units 3-BR UNIT
60.51
sqm.
PricesPayment Terms & SchemesDiscounts Miscellaneous FeesModes of PaymentStandard Conditions :PricesPayment Terms & SchemesDiscounts Miscellaneous FeesModes of PaymentStandard Conditions
PRICE : HOTEL UNIT :PRICE : HOTEL UNIT Standard Unit
Studio, 20.17sqm P1,553,090.00
Junior Presidential Suite
Studio, 29.36sqm P2,260,720.00
Presidential Suite
Studio, 33.45sqm P2,575,650.00
*Above amounts based on pre-selling prices. See Pricelist for complete price details.
PRICES: RESIDENTIAL UNIT :PRICES: RESIDENTIAL UNIT Standard Unit
Studio, 20.17sqm P1,255,458.00
1-Bedroom Unit P2,510,916.00
40.34sqm
2-Bedroom Unit P2,510,916.00
40.34sqm
3-Bedroom Unit P3,766,374.00
60.51sqm
*Above amounts based on pre-selling prices. See Pricelist for complete price details.
PAYMENT SCHEMES AND DISCOUNTS :PAYMENT SCHEMES AND DISCOUNTS SPOT CASH 10% DISCOUNT
SPOT DOWNPAYMENT
2.5% DISCOUNT IF 30% SPOT DP, 70%BAL
IN 18MOS @ 0%interest
3.5%DISCOUNT IF 50% SPOT DP, 50%BAL
IN 18MOS @ 0%interest
PAYMENT SCHEMES & DISCOUNTS :PAYMENT SCHEMES & DISCOUNTS EASY INSTALLMENT
Pag-IBIG Payment Scheme :Pag-IBIG Payment Scheme
Sample Computation :Sample Computation Unit No. : 1001, studio
Floor Area : 20.17sqm TCP : P1,553,090.00 SPOT CASH
Reservation : 10,000.00
10% Discount : 155,309.00
Spot Cash : 1,387,781.00 DEFERRED CASH (18 months)
Reservation : 10,000.00
Monthly Payment : 85,727.22
1st to 18th Month INSTALLMENT
Reservation : 10,000.00
20% DP (net RF) : 300,618.00
18-mos DP : 16,701.00
Total Downpayment : 310,618.00
80% Balance : 1,242,472.00
M.A. for 30 years : 10,510.68*
thru Pag-IBIG
MODES OF PAYMENT :MODES OF PAYMENT CASH
Cashier’s / Manager’s Check
Post-Dated Checks
Online Remittance thru Bank Account
Deposit directly to Bank Account, present copy of validated deposit slip for verification
Payee to MYVAN Properties and Development Inc.
BANK ACCOUNT DETAILS :BANK ACCOUNT DETAILS BANK NAME: METROBANK
ACCOUNT NAME: MYVAN PROPERTIES AND DEVELOPMENT, INC.
ACCOUNT NUMBER: 401-340-150-313-8
SWIFT CODE: MBTC PHMM
MBTC- Cebu A.S. Fortuna Branch
A.S. Fortuna St. Mandaue City, Phils.
(032) 416- 8858
Standard Conditions :Standard Conditions P20,000.00 Reservation Fee
First DP required 30 days from reservation
Eighteen (18) months Downpayment Period @ 0% interest rate
Issue 18 Post-dated checks for monthly DP
Issue 24 Post-dated checks for Monthly Amortization
Balance can be applied for external financing, Bank / Pag-IBIG
Eighteen (18) Months Construction Period
Deliverable on June 2011
Any Request from buyer shall be made in writing
Standard Conditions :Standard Conditions Prices stated here are subject to change without prior notice.
MPDI reserves the right to make changes or correct errors in the prices and terms indicated herein & its pricelist.
Reservation Fee is non-transferable and non-refundable.
Prices are exclusive of 4% transfer fee
Sales Requirements :Sales Requirements Upon Reservation:
Reservation Fee
Client Information Sheet (duly signed & accomplished)
Reservation Application Upon Downpayment
Contract-to-Sell
Signed layout, deliverables
valid IDs (xerox)
3pcs ID pictures
Passport/Residence Certificate
Proof of Billing
Birth Certificate / Marriage Contract
PDC’s for Monthly DP
TIN
If married, same requirements from spouse
Additional Sales Requirements, if applicable :Additional Sales Requirements, if applicable Pag-IBIG / BANK Documentary Requirements
SPA form (if abroad, authenticated by consul)
valid IDs, residence certificate/passport, ID picture, proof of billing, of Atty-in-fact
Death Certificate of Spouse
Court Order if Separated
If Corporate Account, SEC registration, Articles of Incorporation, By-Laws, Board Resolution, Co.TIN, Co. Community Tax Certificate & Representative’s TIN & CTC
For further info : CONTACT US :For further info : CONTACT US Email Address:
spacelandrealty@yahoo.com
PLS. VISIT OUR WEBSITE :PLS. VISIT OUR WEBSITE www.realtorleslie.multiply.com
Thank You! :Thank You!