High end Studio with Balcony Condominium in Mactan Newtown

High end Studio with Balcony Condominium in The Pearl Global Residences  inside Mactan Newtown Cebu!

The Pearl Global Residences is located in Mactan Newtown, Lapu-Lapu City, Cebu, Philippines. This is the fifth residential development of Megaworld Corp inside the 30-hectare The Mactan Newtown.

Wake up to the majestic views of the Cebu mountains, the Magellan Bay, and the Hilutungan Channel, the nearby islands, and the Lapu-Lapu Shrine.

Rising near the road leading to the historic Lapu-Lapu Shrine, The Pearl Global Residences adds another dynamic addition to the vibrant The Mactan Newtown. At 20 storeys and with 222 residential units, there are more options for would-be residents as they choose from a generous mix of units tailored-fit to their kind of lifestyle.

Have your home or rental investment near the sand and sea, here at The Pearl Global Residences.

PROJECT DETAILS:
Land Area – approximately 1,978 sqmTurnover Year – December 31, 2024 + 6 months grace periodDetails – Pre-selling; High Rise CondominiumsNumber of Units – 222 units​
The Pearl Global Residences offers different sizes: executive studio with either a balcony (up to 40 square meters); one-bedroom and executive one-bedroom with balcony (up to 59 sqm); two-bedroom with balcony or lanai (up to 80 sqm) and three-bedroom with balcony (up to 116 sqm).

The project will rise near the road leading to the historic Lapu-Lapu Shrine and will offer residents with amenities at the second level.

These include adult and kiddie pools, fitness center, outdoor lounge and seating areas, children’s play area, function room, game room, reading nook and co-working spaces.

MACTAN NEWTOWN TOWNSHIP - MASTER DEVELOPMENT PLAN:
28.8-hectare township development ​Mactan Newtown is Megaworld’s first township outside of Metro Manila with its own beachfrontA complete township with residential buildings, school, food hawker, offices, hotels, and its own beachfront mall.The Mactan Newtown is Megaworld’s first and only township that has its own beachfront.It is currently home to almost 10,000 business processes outsourcing and office workers.It is also home to the company’s first school in the Visayas and Mindanao, the Lasallian-supervised Newtown School of Excellence.
Sample Computations (updated on September 4, 2021): 
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EXECUTIVE STUDIO WITH BALCONY (38.50 SQM)

TOTAL CONTRACT PRICE: P7,551,000.00 ( U5I/ T1)
RESERVATION FEE: P25,000.00

5 % Down-payment: P377,550.00 (1st month)
45% EQUITY in 50 months with 0% interest: P67,959.00/MONTH

2.5 % Lumpsum on the 6th month: P188,775.00
2.5 % Lumpsum on the 12th month: P188,775.00
2.5 % Lumpsum on the 36th month: P188,775.00
2.5 % Lumpsum on the 48th month: P188,775.00

40% BALANCE ON DEC. 2024 – P3,020,400.00
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EXECUTIVE STUDIO WITH BALCONY (36.50 SQM)

TOTAL CONTRACT PRICE: P7,471,000.00 ( U16K/ T2)
RESERVATION FEE: P25,000.00

5 % Down-payment: P348,550.00 (1st month)
10% EQUITY in 24 months with 0% interest: P31,129.17/MONTH

2.5 % Lumpsum on the 6th month: P186,775.00
2.5 % Lumpsum on the 12th month: P186,775.00

80% BALANCE ON DEC. 2024 – P6,163,574.92
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** PAYMENT OPTIONS:
Spot 100% within 30 days after reservation with 15% discount;Spot 50% DP within 30 days after reservation with 12.5% discount; 10% in 50 months; and 40% upon unit turn over on Dec. 2024;Spot 30% within 30 days after reservation with 7.5% discount; 20% in 50 months with four (4) 2.5% lumpsums and 40% upon unit turn over on Dec. 2024;Spot 20% within 30 days after reservation with 5% discount; 30% in 50 months with four (4) 2.5% lumpsums and 40% upon unit turn over on Dec. 2024;Spot 10% within 30 days after reservation with 2% discount; 40% in 50 months with four (4) 2.5% lumpsums and 40% upon unit turn over on Dec. 2024;Spot 5% within 30 days after reservation with 5% discount; 45% in 50 months with four (4) 2.5% lumpsums and 40% upon unit turn over on Dec. 2024;60% in 51 months and 40% upon unit turn over on Dec. 2024;100% in 52 months.Note: Price is Inclusive of Vat, Exclusive of Taxes and FeesTYPICAL RESIDENTIAL FEATURES:
Floor Finish (7.1.9.1)Living and Dining: Ceramic Planks for Studio, Ceramic Tiles for 1BR, 2BR, 3BRKitchen: Ceramic Planks for Studio, Ceramic Tiles for 1BR, 2BR, 3BRBedrooms: Ceramic PlanksToilet and Bathroom: Ceramic TilesPowder Room: Ceramic TilesInclusions:2-Burner Cooktop with hood (Studio and 1BR units)4-Burner Cooktop with builtin oven and hood (2BR and BR units)Slip type Air-conditioning units for living/dining/bedroom
PROPERTY LIKE THIS WONT LAST LONG, SO CALL US NOW!

COCOY M. TOLEDO
Licensed Real Estate Broker
PRC License No. 20332

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331

WARNING: Avoid fly-by-night agents, DEAL only with competent licensed real estate brokers to protect your hard-earned money!