TOWNHOUSE ₱2.46M, 2 STOREY, BRGY MAHABANG PARANG, BINANGONAN

Riveraville Subdivision is an affordable residential development in Brgy. Mahabang Parang, Binangonan, Rizal
Location & Access
• Address: Mahabang Parang, Binangonan, Rizal
• Exact spot: 14.464237, 121.205679
• From highway: 3-4 km from main road. If from Binangonan bayan, 1.5 km
• Former name: "Sunrise Mahabang Parang"
• Near: Manila East Road 1 km away via C. Bolado Ave. 1.5 km to Binangonan Recreation & Conference Center
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Project Profile
• Type: Socialized to economic housing - lots, commercial lots, and townhouses
• Status: Pre-selling. Construction started early 2024
• Developer: Not Sta. Lucia, but sold via agents (like: DAVID D. SANTIAGO,

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Pricing & Unit Types
Townhouse - Pre-selling 2024
• Total Contract Price: ₱2,464,000 (inclusive of Misc. Fees)
• Lot Area: 50-53 sqm, Floor Area: 44.23 sqm
• Spec: 2 Storey, Bare type, 1 T&B, living/kitchen, laundry/service area, 1 car garage
• Reservation: ₱10,000
• Bank Financing: 20% DP = ₱492,800, 18 mos to pay. 80% Balance
• Pag-IBIG: 30% DP, 70% balance
• Other costs: Move-in fees for Meralco & Water ~₱35,000
Amenities
• Basketball court
• Clubhouse
• Function room/party hall
• Garden
• Walking/jogging track
• 24-hour security & maintenance
• Entrance gate
• Car parking/garage
• Power backup, water supply
• Wi-Fi connectivity
Why buyers consider it
1. Affordable entry: ₱2.46M Townhouse, One of the cheapest in Rizal near Metro Manila
2. Financing options: Bank & Pag-IBIG available.
3. Location: Binangonan is lakeside, cooler than Manila. 1 km to Manila East Rd for access to Angono, Taytay, Antipolo
4. Very accessible: Main road access, near Binangonan town proper
5. With LTS: #riveraville #withLTS per listings
Trade-offs:
1. Bare turnover: Townhouse is bare type - you’ll spend for tiles, partitions, ceiling, paint
2. Small cuts: 50 sqm lot, 48 sqm floor is tight for growing family
Here’s the quick breakdown for Riveraville if you’re seriously eyeing it:
1. Pag-IBIG Sample Computation - ₱2,464,000 Townhouse
• 30% DP: ₱739,200, Less Reservation: ₱10,000 = ₱729,200 net DP
• DP terms: If 18 mos = ₱40,511/mo
• 70% Loanable: ₱1,724,800
• 30 yrs @ 6.25%: ~₱10,620/mo + MRI/Fire insurance
• Income required: ~₱30,500/mo gross
• Move-in fees: ~₱35,000 for Meralco + water
2. Cost to Finish a Bare Unit
For 48.88 sqm floor area, budget:
• Basic finish: ₱350K-₱450K — tiles, ceiling, paint, 2BR partitions, kitchen counter, T&B fixtures
• Mid finish: ₱550K-₱700K — add built-in cabinets, better tiles, grills, landscaping
• All-in with lot: ₱2.46M + ₱450K finish + ₱35K move-in = ~₱2.95M
3. Buy vs Rent in Angono/Antipolo
• Rent 2BR townhouse Antipolo/Angono: ₱12K-₱18K/mo = ₱144K-₱216K/yr
• Riveraville Pag-IBIG: ₱10,620/mo = ₱127K/yr
• Break-even: ∼3-4 years vs renting, and you own the asset
Riveraville wins if: Budget is <₱3M all-in, you qualify for Pag-IBIG, and you’re okay with finishing the unit yourself.

For details: DAVID D. SANTIAGO, Sales Manager
MegaEast Properties, Inc. (D1-103)
PRC RES 18773, (G)

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, (S)

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FB: DDSrealtyph; e-Mail: Request details