retail units near De La Salle University Tagaytay South Luzon Medical City.

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

Cathay Land Breaks Ground for its Seventh Condo at South Forbes

SILANG, CAVITE- Premier developer Cathay Land, Inc. marks another milestone as it celebrates the groundbreaking for its seventh condominium project inside South Forbes.

Fr. Louie Gatdula, Parish Priest at San Antonio de Padua Church, graced the event which was spearheaded by Mr. Bernard Sanchez (Cathay land Inc.’s Chief Financial Officer). Present also is Engr. Brigido Malvecino of Cambrigs Construction Corp., the general contractor of the project.

Designed with the expertise of fellow BCI Asia awardee of 2018 for the Top Architects, Edward Co Tan + Architects (ECT+A), Fullerton Suites will have two buildings. What makes this new project a deluxe residence is that each building has its own set of amenities.

Just like other condominium projects in South Forbes Golf City, Fullerton Suites features an Aquatrium, Cathay Land’s signature swimming pool amenity. Interestingly, the open-air pool in the building’s center plays a crucial role in the penetration of natural lighting and the circulation of fresh air into and around the building.

The first building will have a total of 280 studio and one-bedroom units, all built with no pillars allowing bigger living spaces inside the unit. The units are a perfect abode for starting families and young professionals working in the Silang- Sta. Rosa- Tagaytay growth area.

Offering “Lifestyle Extraordinaire”, Fullerton Suites inspires its residents to pursue an active lifestyle despite high work demands. The construction of the Cavite- Laguna Expressway (CALAEx) and the Cavite-Tagaytay-Batangas Expressway (CTBEx) gives future residents a better access to enjoy outdoor adventures in nearby destinations like mountain climbing, island hopping, paragliding, and historical walking in the Cavite, Tagaytay, Batangas and Laguna areas.

Fullerton Suites and other new condo projects that are addition to the roster of house and lot and lot only packages currently available at the golf city.

Sample Computation

Fullerton Suites Pre Selling

ProjectFullerton Suites

Unit/LotUG - J

Unit Area/Size18

Total Floor Area18

Total Contract Price3,600,000.00

Option 1 - Cash Payment

Total Contract Price3,600,000.00

Less 20% discount720,000.00

Net Total contract Price2,880,000.00

95%2,736,000.00

Less Reservation Fee20,000.00March 2019

Balance2,716,000.00April 2019

5% Retension144,000.00Jan 2020

Estimated Transfer of Title Expense Fee

Net TCP x3.50%100,800.00Jan 2020

Option 2 - In House Financing

Total Contract Price3,600,000.00

Net Total contract Price 3,600,000.00

10% Downpayment 360,000.00

Less Reservation Fee 20,000.00 March 2019

Balance Downpayment 340,000.00 April 2019

90% Balance 3,240,000.00

Monthly Amortization Payable in 3 years 90,000.00 May 2019-April 2022

Estimated Transfer of Title Expense Fee

Net TCP x3.50%126,000.00April 2022

Option 3 - Bank Financing

Total Contract Price3,600,000.00

Net Total contract Price 3,600,000.00

20% Downpayment 720,000.00

Less Reservation Fee 20,000.00 March 2019

Balance Downpayment 700,000.00

Payable in 18 mos 38,888.89 April 2019- Sept 2020

80% Bank Fin. Estimated Monthly Amortization 2,880,000.00 Sept 2020

For ChinaBank Savings

5 years to pay @ 9% Fixed Rate 59,784.06

10 years to pay @ 10.25% Fixed Rate 38,459.23

15 years to pay @ 11% Fixed Rate 32,733.99

20 years to pay 11% Fixed Rate 29,727.03

Estimated Transfer of Title Expense Fee

Net TCP x3.50%126,000.00Sept 2020

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