MIDPOINT RESIDENCES
Midpoint Residences is a two-tower 28-storey vertical condominium development in Banilad, Mandaue City, Cebu with a total number of 635 units available for ownership with features and amenities like landscaped parks and playground, chapel, among others.
Tower 1 has 339 units and Tower 2 has 296 units. It offers 4 unit types which are the studio units, 1-bedroom units, 2-bedroom units, and penthouse units.
The newest point in the middle of Mandaue’s exciting district will definitely captivates the discerning market whose need for accessibility is a prime concern.
LOCATION AND ACCESSIBILITY:
The Midpoint Residences is near
Malls:
- Cita Mina Fish Market – 0.22 km
- Gaisano Country Mall – 0.43 km
- The Spa of Cebu – 0.46 km
- Janther Pools – 0.62 km
- Streetscape Mall Cebu – 0.69 km
Schools:
- University of Cebu – 0.43 km
- Knowledge Garden – 0.47 km
- UV Gullas – 0.60 km
- University of Cebu Banilad Campus – 0.43 km
- UV Gullas College of Medicine – 0.54 km
Restaurant:
- Postrio – 0.18 km
- Royal Krua Thai – 0.19 km
- Dimsum Break – 0.21 km
- Der Kaiserhof – 0.24 km
- Choi City – 0.25 km
Hospitals:
- Gullas Hospital – 0.58 km
- Emergency Response Unit Foundation – 1.48 km
- LH Prime Medical Clinic – 1.51 km
FACILITIES & AMENITIES:
- Chapel
- Swimming pool
- Fitness gym
- Individual mailboxes
- High-speed elevators
- Landscaped garden with parks and playground
- Centralized garbage collection area with segregated garbage chutes
- Main lobby and reception area
- Fire alarm and sprinkler system
- Multi-level podium and basement parking
- Standby Generator
UNIT DETAILS AND COMPUTATION:
UNIT FEATURES:
- Melamine Board Bedroom Closets
- Painted cement walls, dry wall partitions, and ceilings
- Tiled main Flooring
- Bathroom Fixtures and Accessories
- Pre-installed exhaust fan in toilet & Bath area
- Electrical Provision for portable water heater at shower area
- Pre-installed window-type air-conditioning units in all bedroom and living area
- Fiber-to-the-home (FTTH) broadband provisions for telephone and CATV exclusively provided by PLDT
- Melamine Board Kitchen Cabinets with stainless steel sink
- Granite Countertop
- Non-LPG pure electrical provision for cooking
- Fire alarm and smore detector in each unit
- Electrical provision for filter-type range hood
CONDO UNIT TYPES:
- STUDIO UNIT
- 1-BEDROOM UNIT
- 2-BEDROOM UNIT
UNIT DETAILS & COMPUTATION
STUDIO UNIT:
FLOOR AREA: 21.51 sq.m.
TOWER: Tower 2
Floor: 4th Floor
- Living/Dining
- Bedroom
- Kitchen
- Toilet & Bath
SAMPLE COMPUTATION THROUGH PAG-IBIG FINANCING:
TOTAL SELLING PRICE: Php 2,942,940.00
RESERVATION FEE: Php 20,000.00
Transfer Charges: Php 206,005.80 (Must be Paid 2 months before move-in)
♠ 5.10% Equity net of Reservation Fee Payable in 5 months at 0% interest: Php 130,000.00
- Php 26,000.00/month
♠ 94.90% BALANCE through Pag-ibig Financing: Php 2,792,940.00
- Php 17,196.61/month
Income Requirement: Php 49,133.18/month
1-BR UNIT
FLOOR AREA: 25 sq.m.
TOWER: Tower 2
Floor: 4th Floor
- Living/Dining
- Bedroom Partition
- Kitchen
- Toilet & Bath
Current Promo if 3 months Equity Only:
- Free Aircon
- Free Rangehood
SAMPLE COMPUTATION THROUGH PAG-IBIG FINANCING:
TOTAL SELLING PRICE: Php 3,426,150.00
RESERVATION FEE: Php 20,000.00
Transfer Charges: Php 206,005.80 (Must be Paid 2 months before move-in)
♠ 5.10% Equity net of Reservation Fee Payable in 5 months at 0% interest: Php 130,000.00
- Php 26,000.00/month
♠ 94.90% BALANCE through Pag-ibig Financing: Php 3,282,975.00
- Php 20,213.84/month
2-BR UNIT (sold out)
Floor area: 48.04 sq.m.
SAMPLE COMPUTATION:
Total Selling Price with Vat: Php
Reservation Fee: Php 20,000.00
♠ Estimated Down payment payable in 7 months: Php
- 1st to 6th months: Php
- 7th month: Php
♠ Balance through Pag-ibig Financing: Php 6,000,000.00
- 30 years: Php
Note:
Transfer Charges: Php 438,074.00 should be settled before move-in
ONGOING PROMO!
Take advantage of the special BUYER’S PROMOS for the remaining MIDPOINT RFO units!
- 𝗠𝗼𝘃𝗲 𝗶𝗻 FOR as low AS 150K
- 𝗚𝗲𝘁 𝗔𝗶𝗿𝗰𝗼𝗻 𝗨𝗻𝗶𝘁𝘀 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 FOR Studio & 1 Bedroom (Applicable for 3 months Equity Period)
- 𝗘𝗻𝗷𝗼𝘆 𝗙𝗥𝗘𝗘 RangeHood for 1 Bedroom (Applicable for 3 months Equity Period)
Available Units For Sale:
– One-Bedroom (approx. 25sqm.)
– Studio (approx. 21 sqm.) 1 unit left
WE ALSO OFFER FOR RENT:
Unit Type: Fully Furnished 1-Bedroom Unit
Rental Rate per Month: Php 22,400.00/month
Other Charges C/O Tenant:
- Condo dues: Php 2,752/month
- Utility Bills
- Internet Connection
No of Occupants: Max of 3
Min Lease Period: 6 Months
Unit inclusions:
- Aircon Living & Bedroom Area
- Kitchen Cabinets
- Bedroom Closets
- Complete Bathroom Fixtures & Accessories
- Exhaust in Toilet & Bath
- Living Area Set (TV Rack, Sofa & Side Table)
- Smart TV
- Bed with accessories and Bedside Table
- Kitchen Appliances (Ref, rangehood, induction cooker, rice cooker, microwave oven and other kitchen accessories)
- Dining Table with chairs
- Portable water heater at the shower area
Free access to condo amenities like gym, swimming pool, and recreational facilities.
Terms/Requirements:
- 2 months security deposit
- 1 month advance rental
- PDC for entire period
- 2 valid IDs
- Fully executed Contract of Lease
ꜰᴏʀ ꜱɪᴛᴇ ᴛᴏᴜʀ, ʀᴇꜱᴇʀᴠᴀᴛɪᴏɴ, ᴀɴᴅ ᴍᴏʀᴇ ᴅᴇᴛᴀɪʟꜱ, ᴄᴏɴᴛᴀᴄᴛ:
☎ 09430405078
☎ 0916-852-5477
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