PennDave Manor Gate Perspective

PennDave Manor 2 is HERE!

In Real Estate by Clifford Enoc0 Comments

PennDave Manor 2 will be launching October 24, 2016 (Monday)

Preselling subdivision lot for sale is at all-time high down South of Cebu following the success of PennDave Manor 1 last February 2016. It was sold out in just 8 days!

Now, with PennDave Manor 2 is approaching, it will launched this coming October 24, 2016 it will be expected to sell out fast like hotcakes. YES! like hotcakes. Why? Because Minglanilla is ripe for the real estate market. Imagine the 3rd bridge to be built soon from Cordova down to SRP and you get a highway of access from Lapu-lapu City down south pretty fast.

Also the price of per square meter of lot is increasing in these areas: Talisay, Minglanilla and city of Naga. Right now, you can’t find price lower than 5,000 per sqm in a subdivided lot. (Forget the lot outside subdivision!)

PennDave Manor 2 Details

PennDave Manor 2ย consists of more than 4 hectares of sellable lots while the remaining lots are allocated for subdivision roads, swimming pool, clubhouse, basketball and playground.

The full list of amenities included in PennDave Manor 2 are:

๐Ÿ‡ Gate with guardhouse,
๐Ÿ Wide concrete subdivision roads
๐Ÿ‡ Perimeter fence, ๐Ÿ”˜Underground drainage, ๐Ÿ”˜Clubhouse
๐Ÿ Basketball court
๐Ÿ‡ Swimming pool.
๐Ÿ Parks and Playgrounds
๐Ÿ‡ Lights and Water Connections

Location of PennDave Manor 2 (VIDEO)

The location will soon be a vibrant community, with other subdivision developer were veryย busy developing and preparing to have you someday a future home where you decide what type of house, you own design and architect with your own style thrown in the mix. Because at the end of the day, it’s your house, you’re the one who live there so it’s just plain common sense to just buy subdivided lot first, then build your dream home later.

With that type of view, you’re golden and you’re on top of the world. Most likely, if you choose between a condo or this type of view, you will choose above the hills. Nevermind the accessibility, condo has it’s uses and it’s fair and square to say that not all want to live inside a box ย all day, you want to have some type of garden and an amazing view like this one.

PennDave Manor 2 Panoramic View

PennDave Manor 2 Panoramic View


PennDave Manor 2 Panoramic View

PennDave Manor 2 Panoramic View


PennDave Manor 2 Panoramic View

PennDave Manor 2 Panoramic View

Schedule a site tour while it’s still available! Contact me now! 0928-1071623 or send a private message on Messenger: http://m.me/cliffordx

PennDave Manor 2 Price & How To Avail

Okay, to determine the total value of a parcel of lot, we would want to know how much is the price per square meter. At least, that’s how it is to calculate. (In the US or other country they are based on per square feet). For PennDave Manor 2 the price is P5,500 pesos per square meter. So every square meter (1 meter x 1 meter) is P5,500 pesos.

For an average house with 2 storey townhouse or duplex that you find on most subdivision, it ranges from 50 square meter to 70 square meter. Above those numbers (100 sqm and above) you get single attached or single detached houses — meaning the bigger the lot area, the more roomier or more space for you to accommodate lawns, bigger space for garage, etc. So bigger lot areas the better if you plan to build nice homes with lawn or garden but that’s not ย everybody’s preference since not all like garden.

PennDave Manor 2 Price is P5,500 per square meter

For PennDave Manor 2, it is divided into blocks with corresponding lot number and separated with subdivision roads. Lot areas available as of press time are:

๐Ÿ 64sqm – 5,700 monthly
๐Ÿ‘ 100sqm – 9,000 monthly
๐Ÿ 120sqm -10,833 monthly
๐Ÿ‘ 150sqm – 13,583 monthly
๐Ÿ 200sqm -18,167 monthly
๐Ÿ‘ 250sqm – 22,750 monthly

NOTE: Beside lot areas mentioned above have amount for monthly installment and I will explain it later.

If you plan to have bigger lots, you can choose to have one or more than 2 lots adjacent to each other to obtain, say 300 sqm or maybe even 500 sqm.

Below is the Subdivision Lot Plan:

PennDave Manor 2 Development Lot Plan

PennDave Manor 2 Development Lot Plan

 

The map above has notable highlights of different colors. Please refer to each color from the image shown. I would like to point outย (if you happen to stumble upon this blog) is that BLOCK 1 is the block where you get the nicest panoramic view of PennDave Manor 2.

Pricing Scheme

From the last paragraph I mention the monthly installment payment. To avail, it’s very easy and there’s not a lot of requirements and proof of income to submit.

1) Just submit 1 valid ID
2) P10,000 pesos reservation deposit.
3) That’s it!

You can start your monthly installment after 30 days. It’s easy as 1-2-3! Why there’s no other requirements?

1) This is zero interest, it means you are NOT required to submit proof of income that states that you are capable ofย monthly ( I will explain this below)
2) There’s no downpayment required to avail. It’s optional
3) It is in-house financing so you won’t need PAGIBIG financing or bank financing
4) This is preselling lot for sale. Banks and PAGIBIG require to fully-developed lot to avail their scheme

I’m going to make an example:

If you choose 64 square meter lot area (good for 2 storey house with 2-3 bedrooms)

The computation will be:

64 sqm x 5,500/sqm =ย P352,000 pesos (total price)
less reservation deposit of 10,000 pesos (deductible from total price / part of total price)

342,000 divided into 60 equal months (5 years x 12 months) = P5,700 monthly installment

Now, P5,700 monthly is where you can say, “I can afford bigger lot area than that monthly” so you can choose the following options: (stated above and I will state it again here)

๐Ÿ‘ 100sqm – 9,000 monthly
๐Ÿ 120sqm -10,833 monthly
๐Ÿ‘ 150sqm – 13,583 monthly
๐Ÿ 200sqm -18,167 monthly
๐Ÿ‘ 250sqm – 22,750 monthly

YOUR DECISION

To wrap up:

PennDave Manor 2 is a preselling subdivision lot project located in Barangay Tubod, Minglanilla Cebu. Consists of more than 4 hectares of different lot area ranging from 64sqm, 100sqm, 150sqm, 200sqm and 250sqm. The price per square meter is P5,500 per sqm. Neighboring lot per sqm is at P8,000 pesos per sqm so can see the difference.

It will be soon be open on October 24, 2016 and possibly in a month or so these will be sold out. It’s now the matter of where you want to have or just wait for you to lose interest, it’s the matter of why you must decide lot that is still preselling now versus when it is no longer preselling and the price today will be no longer be the similar price tomorrow. Because, obviously lot will increase and not decrease. Contact me if you have interest 0928-1071623 or private message: http://m.me/cliffordxย