MIDPOINT RESIDENCES RFO in Banilad, Cebu City

₱2,942,940.00

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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:

  1. STUDIO UNIT
  2. 1-BEDROOM UNIT
  3. 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

📧[email protected]

 

𝘿𝙔𝘼𝙉 𝙇. 𝙈𝘼𝙍𝘼𝙊𝙉
ᴀᴄᴄʀᴇᴅɪᴛᴇᴅ ʀᴇ ꜱᴀʟᴇꜱᴘᴇʀꜱᴏɴ
ᴘʀᴄ ᴀᴄᴄʀᴇᴅɪᴛᴀᴛɪᴏɴ # 13442
ᴅʜꜱᴜᴅ ᴄᴏʀ ɴᴏ. ʀ7-ᴀ-01/21-0924
| ᴠᴀʟɪᴅ ᴜɴᴛɪʟ ᴅᴇᴄᴇᴍʙᴇʀ 31, 2023
ᴜɴᴅᴇʀ ᴛʜᴇ ꜱᴜᴘᴇʀᴠɪꜱɪᴏɴ ᴏꜰ ᴊᴏɴᴀᴛʜᴀɴ ᴍ. ᴍᴀʀᴀᴏɴ, ʀᴇʙ
ᴘʀᴄ ʟɪᴄ. # 0023648
ᴅʜꜱᴜᴅ ᴄᴏʀ # ᴄᴠʀꜰᴏ-ʙ-12/17-2267

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Dyan Maraon

We've been dedicated in helping our clients buy and sell properties all over Cebu and its provinces. In every transaction, we recognize and value the trust our clients gave us; thus, we provide quality service to exceed their expectations.

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