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1 Bedroom Condo for sale in Stanford Suites, South Forbes, Silang, Cavite
Full description

Listing ID: Stanford 3 - 3F - 333

1 Bedroom Condo for sale in Stanford Suites, South Forbes, Silang, Cavite

Cathay Land breaks ground for Stanford Suites 3

Promo for this Month

Cash Payment-20% Discount

Bank Financing-3% Discount

In-House Financing- 3 years to pay 0% Interest

Hurry Up Reserve Now Before Price Increase and Until Pre-Selling

Room Sizes:

Studio-18sqm , 1BR- 33sqm, Merge 1BR+studio= 51sqm, Merge- 3 Studio= 54sqm

SILANG, CAVITE- Another smart choice for a residential property in the south is kicking off as premiere developer, Cathay Land Inc., breaks ground for its sixth condominium inside South Forbes Golf City.

The groundbreaking ceremony of Stanford Suites 3 was spearheaded by no other than Mr. Bernard Sanchez, Cathay Land’s Chief Finance Officer, and Rev. Conrado Amon of St. Benedict’s Parish. They were joined by Cathay Land Inc.’s AVP for Operations Mr. Ricky G. Natonton, Project Engineers Froilan P. Andan and Eric Cabias. The project’s general contractor, E.C. Construction Technologies and Realty Inc., was represented by Engineers Roland Romeo, Gilbert Garcia and Bernie Cabrera during the event.

Stanford Suites 3 shall cater to the residential requirements of the young professionals and upstart families working in nearby technological hubs such as the Laguna Technopark, and other nearby economic centers located in the Silang, Sta. Rosa, Tagaytay growth corridor.

Committing itself as the smart choice for its residents, Stanford Suites 3 is designed with 331 studio and one-bedroom units. Residents will get to enjoy its Stanford Suites’ signature amenities that include the Aquatrium with an adult and kiddie pool, function room, study lounge and pocket gardens. It will also have its own retail strip located at the lower and upper ground floors.

Existing condo projects in South Forbes include Stanford Suites 1 and 2, Scandia Suites 1 and 2, and the Golf View Terraces. Access to the South Forbes will soon become more accessible with the completion of Cavite- Laguna Expressway (CALAx) and the Cavite-Tagaytay-Batangas Expressway (CTBEx).

Sample Computation


Stanford 3 Pre Selling

ProjectStanford 3

Unit/Lot333

Unit Area/Size33

Bedroom1BR

Total Floor Area33

Total Contract Price3,056,500.00

Option 1 - Cash Payment

Total Contract Price3,056,500.00

Less 20% discount611,300.00

Net Total contract Price2,445,200.00

95%2,322,940.00

Less Reservation Fee20,000.00March 2019

Balance2,302,940.00April 2019

5% Retension122,260.00Jan 2020

Estimated Transfer of Title Expense Fee

Net TCP x3.50%85,582.00Jan 2020

Option 2 - In House Financing

Total Contract Price3,056,500.00

Net Total contract Price 3,056,500.00

10% Downpayment 305,650.00

Less Reservation Fee 20,000.00 March 2019

Balance Downpayment 285,650.00 April 2019

90% Balance 2,750,850.00

Monthly Amortization Payable in 3 years 76,412.50 May 2019-April 2022

Estimated Transfer of Title Expense Fee

Net TCP x3.50%106,977.50April 2022

Option 3 - Bank Financing

Total Contract Price3,056,500.00

Net Total contract Price 3,056,500.00

20% Downpayment 611,300.00

Less Reservation Fee 20,000.00 March 2019

Balance Downpayment 591,300.00

Payable in 18 mos 32,850.00 April 2019- Sept 2020

80% Bank Fin. Estimated Monthly Amortization 2,445,200.00 Sept 2020

For ChinaBank Savings

5 years to pay @ 9% Fixed Rate 50,758.33

10 years to pay @ 10.25% Fixed Rate 32,652.96

15 years to pay @ 11% Fixed Rate 27,792.07

20 years to pay 11% Fixed Rate 25,239.07

Estimated Transfer of Title Expense Fee

Net TCP x3.50%106,977.50Sept 2020


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About Stanford Suites, South Forbes

Destination Hotel at Stanford Suites South Forbes

Sit back, relax and watch your investment grow. Be Smart and invest in an asset that’s hassle-free, generates recurrent income and offers best value for your money! Own a “condo-hotel” or “condotel” unit.

The Hotel

Destination Hotel South Forbes is located within the 250 has master-planned satellite city of South Forbes. The 63 cozy hotel suites are loc...

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