38PARK AVENUE in IT PARK, Cebu City
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38PARK AVENUE in IT Park, Cebu City
NEW YORK is NOW in CEBU!
Live Now in the MOST PRIME Location in Cebu!
The 38Park Avenue in I.T. Park
38Park Avenue Cebu is the city’s landmark project commencing this year by El Camino Developers Inc – a 5 Company consortium.
IT PARK Cebu is a master-planned integrated community and the preferred address which is recognized as the Cebu city’s lifestyle and leisure center as well as being the preferred regional business address with a thriving live – work – play environment.
38Park Avenue Cebu is the residential component of the soon to be developed breathable space at bustling PEZA accredited IT hub. It is part of the PHP 5 billion mixed use project with the other two components an office tower and a retail boulevard.
With 38Park Avenue, we are introducing a unique residential experience, towering all other developments in IT park.
IMAGINE a Place where PARK meets the CITY…And where EAST and WEST are one in a PANORAMIC View…Standing HIGH in an AVENUE, over an Address that NEVER Sleeps…
INTRODUCING – “38PARK AVENUE” – a NEW YORK INSPIRED LIVING & WORLD-CLASS MASTERPIECE in our very own CEBU I.T. PARK!
DESIGNED to PERFECTION – Units Are Meticulously Designed And Angled For The BEST PANORAMIC View Of CEBU
A Proudly Cebuano-led Development by Top Cebuano Businessmen
QUICK FACTS about 38 Park Avenue:
- 38 Storeys high, the Highest in Cebu I.T. Park
- Ultra Exclusive VIP Units
- 3 Levels of Amenity at the 26th to the 28th floor
- 2 Main Lobbies (East & West) with 2 elevator cores of 4 elevators each
- 3 Levels Basement Parking
- Each unit meticulously designed for a panoramic view of Cebu
- A Grand Atrium at the center of the Tower
38 Park Avenue BUILDING FEATURES:
- 745 Units
- 440 STUDIO
- 211 One-BEDROOM
- 75 Two-BEDROOM
- 11 Three-BEDROOM
- 8 PENTHOUSE
♠ 1,280 Sqm Building Floor Plate
♠ 8 Elevators
♠ BALCONY On Select Units
♠ 521 PARKING Units
♠ SKY GARDENS & PATIO
♠ RETAIL SPACES ON THE GROUND FLOOR
♠ 24-HOUR SECURITY SYSTEM
♠ CCTV
♠ PROPERTY MANAGEMENT SERVICES
38 Park Avenue BUILDING AMENITIES:
♠ SKY CLUB AMENITY:
- Swimming Pool
- Fitness gym
- Lounge areas
- Multi-function hall
♠ KIDS ZONE
♠ HIGH CEILING GRAND LOBBY
♠ GARDEN ATRIUM
♠ MRF (Materials Recovery Facility)
♠ 100% BACKUP POWER
♠ FDAS (Fire Detection & Suppression)
♠ AUTOMATIC SPRINKLER SYSTEM
♠ DOMESTIC WATER TANK
LOCATION AND ACCESSIBILITY:
UNIT DETAILS & COMPUTATION:
First class living in every space.
Finding the right space is made easier with the same first-class experience and lifestyle available to all unit types and sizes.
♠ STUDIO UNIT ♠
FLOOR AREA: 24-29 sq.m.
SAMPLE COMPUTATION:
UNIT: 120
FLOOR AREA: 24.48 sqm.
LIST PRICE: Php 4,380,065.29
RESERVATION FEE: Php 30,000.00
• Transfer & Registration charges: Php 350,405.22
• TOTAL CONTRACT PRICE: Php 4,730,470.51
♠ 10% Downpayment spread in 12 months:
- Php 12,200.00/month
- 261,600.00 – Balance DP On Us
♠ 90% Balance shall be paid in CASH/Bank financing: Php 3,940,870.51
- Estimated Monthly Amortization thru Bank Financing
- 15 years: 34,400/month
• Transfer & Registration charges will be paid before move-in: Php 350,405.22
♠ 1-BR UNIT ♠
Floor Area: 54 sq.m. to 60 sq.m.
SAMPLE COMPUTATION:
UNIT: 502
FLOOR AREA: 60.24 sqm.
LIST PRICE: Php 8,786,285.47
RESERVATION FEE: Php 30,000.00
• Transfer & Registration charges: Php 702,902.84
• TOTAL CONTRACT PRICE: Php 9,489,188.31
♠ 10% Downpayment spread in 12 months:
- Php 19,500.00/month
- 614,600.00 – Balance DP On Us
♠ 90% Balance shall be paid in CASH/Bank financing: Php 7,907,685.47
- Estimated Monthly Amortization thru Bank Financing
- 15 years: 68,900/month
• Transfer & Registration charges will be paid before move-in: Php 702,902.84
♠ 2-BR UNIT ♠
Floor Area: 74 sq.m. to 103 sq.m.
SAMPLE COMPUTATION:
UNIT: 2906
FLOOR AREA: 103.77 sqm.
LIST PRICE: Php 20,422,964.36
RESERVATION FEE: Php 50,000.00
• Transfer & Registration charges: Php 1,633,837.15
• NET TOTAL SELLING PRICE: Php 22,056,801.51
♠ 10% Downpayment:
- 3% Partial Downpayment payable in 18 months @ Php 31,300.00/month
- 7% Balance on the 19th month @ Php 1,428,800.00
♠ 90% Balance shall be paid in CASH/Bank financing: Php 18,380,764.36
• Transfer & Registration charges will be paid before move-in: Php 1,633,837.15
♠ 3-BR UNIT ♠
SAMPLE COMPUTATION:
UNIT: 3410
FLOOR AREA: 141.77 sqm.
LIST PRICE: Php 28,327,721.71
RESERVATION FEE: Php 50,000.00
• Transfer & Registration charges: Php 2,266,217.74
• NET TOTAL SELLING PRICE: Php 30,593,939.45
♠ 10% Downpayment:
- 3% Partial Downpayment payable in 18 months @ Php 44,500.00/month
- 7% Balance on the 19th month @ Php 1,981,700.00
♠ 90% Balance shall be paid in CASH/Bank financing: Php 25,495,021.71
• Transfer & Registration charges will be paid before move-in: Php 2,266,217.74
♠ PENTHOUSE UNIT ♠
Floor Area: 417 sq.m. to 475 sq.m.
SAMPLE COMPUTATION:
UNIT: 37B
FLOOR AREA: 431.24 sqm.
LIST PRICE: Php 95,099,557.23
RESERVATION FEE: Php 100,000.00
• Transfer & Registration charges: Php 7,607,964.58
• NET TOTAL SELLING PRICE: Php 102,707,521.81
♠ 10% Downpayment:
- 3% Partial Downpayment payable in 18 months @ Php 100,200.00/month
- 7% Balance on the 19th month @ Php 7,606,300.00
♠ 90% Balance shall be paid in CASH/Bank financing: Php 85,589,657.23
• Transfer & Registration charges will be paid before move-in: Php 7,607,964.58
FOR FREE SITE TRIPPING, RESERVATION AND OTHER CONCERN, CONTACT:
DYAN/JONATHAN MARAON
PRC Real Estate Broker License No. 0023648
Mobile:
0943 040 5078 (sun)
0916 852 5477 (tm/globe)
0968-856-4171 (smart)
Email:
www.facebook.com/dyan.maraonph
Floor Plans
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