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0916-459-9550

Look for Son Labro

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Floor Area: 40sqm | Lot Area: 40sqm (Size of 2 Studio Condo Unit)
1 Bedroom / Car Garage - Ground Floor
2 Bedroom / 1 Toilet & Bath - Second Floor
Can be availed thru Pag-Ibig or Cash Payment only.

End unit are also available priced starts at P811,000.00. Additional 13sqm of lot.
Corner units are also available. Min. of 30sqm of additional lot. Price starts at P923,000.00
ABSOLUTELY NO DOWNPAYMENT
LOW RESERVATION FEE of Php 7,500

Php 6,875/month Equity for 12 Months.
Php 4,989/month Pag-ibig Amortization for 30 years
RESERVE YOUR SLOTS NOW - FIRST COME FIRST SERVE
NO INCOME REQUIREMENTS
Ready For Occupancy Units are also Available.
SAMPLE COMPUTATIONS:
Price Range: P750,000.00 to P760,000.00 (Inner Unit)
Option 1: PAG-IBIG FINANCING:
Selling Price Php 750,000.00
Add: Processing Fee Php 90,000.00
Total Contract Price Php 840,000.00
Less: Loanable Amount to Pag-ibig Php 750,000.00
Required Equity Php 90,000
Less: Reservation Fee Php 7,500.00
Net Equity Php 82,500.00
Monthly Equity for 12 Months Php 6,875.00

Monthly Pag-ibig Amortization:
Yrs to Pay
5 yrs @ 7% Php 14,850.82
10 yrs @ 7% Php 8,708.10
15 yrs @ 7% Php 6,741.15
20 yrs @ 7% Php 5,814.67
25 yrs @ 7% Php 5,300.77
30 yrs @ 7% Php 4,989.75

NOTE:
• The Cypress is strictly PAGIBIG Financing and CASH Payment only. Bank and In-house Financing are not accepted.
• MRI and FIRE Insurance are not yet included in the computation. Approximately P550/mo.
• Move-in after 12 months or payment of equity.

• Maximum terms of loan varies depending Buyer's age.

• Loan must be paid before Buyer reaches 70 yrs. old.

• Processing Fees includes Transfer of Title, Advance One Year Fire/MRI insurance.

• One year advance property tax and other blueprints.

Option 2: CASH PAYMENT SCHEME(INNER LOT)
(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)
Typical Selling Price Php 750,000.00
Less: Reservation Fee Php 7,500.00.00

Selling Price Net of Reservation Fee Php 742,500.00
10% Discount within 7 days from the date of reservation Php 668,250.00
9.5% Discount within 8 to 30 days from the date of reservation Php 671,962.50
9% Discount within 31 to 60 days from the date of reservation Php 675,675.00

8.5% Discount within 61 to 90 days from the date of reservation Php 679,387.50
NOTE:
• Transfer of Title Cost not yet Included in the Computation.
POLICIES

Conditions of Sale
• Non-refundable reservation fee ranges from 5,000.00 to 30,000.00
• Amount paid formalizes the reservation of a housing unit in the project and forms part of the equity
• First-come, first served basis

Downpayment (Equity)
• The buyer may choose the following options:

o PLAN A – 20% of total selling price
o PLAN B – 30% of total selling price
Payments In-house
• Payments must be remitted only to the Main Office of PRO-FRIENDs and through an authorized PRO-FRIENDS staff only Reservation Date Date of PDC

•

o 6th to 20th day (Current Month) 20th day of the next month
o 21st ( current month) to 5th day 5th day of the subsequent month
(next month)
• In-House financing terms:

o Loanable amount is payable in 5 years at 18% or 10% years at 21% fixed interest. Payment Pag-IBIG
• Equity/Downpayment

o Payments must be remitted only to the Main office of PRO-FRIENDs and through an authorized PRO-FRIENDs staff only
Reservation Date Date of PDC
•

o 6th to 20th day (Current Month) 20th day of the next month
o 21st ( current month) to 5th day 5th day of the subsequent month
(next month) Monthly Amortization

o For 2 years, PDC’s will be addressed to PRO-FRIENDs and it will always be 5 days advance.
o If their hit date is on the 20th day, their date of PDC will be on the 15th day of the month.
o If their hit date is on the 5th day, their date of PDC will be on the 30th day of the month.
o After 2 years, PDC’s will be dated based on the original datres of PDC (12 PDCs for CEDAR, VILLAS & MANOR; 20 PDCs for other projects)
Penalty on Delayed Payments
• 1/10 of 1% compounded per day of delay.
• Any request for hold or pullout of check shall be charged by PRO-FRIENDs an Administrative Fee of P 100.00 per transaction.
Forteiture and Cancellation
• Failure to submit documentary requirements and non-payment of 1st equity
• The RETURN or non-payment of checks issued including “stop payment order”
• Any delay in the encashment of checks on due dates stated for any reason not attributed to PRO-FRIENDs.
• Failure or refusal of the buyer to complete the down payment or to pay any installment on the down payment & monthly amortization
• Voluntary back out of buyer Transfer of Location / Ownership
• Transfer fee of P3,000.00 is required
• Retain prevailing selling price and terms at point of transfer (allowed only for upgrading or same selling price)
• Covers transfer of rights and change of unit or financing scheme
• Original schedule of payment will be followed
• Account is current and updated (no transfer on delinquent accounts) House Construction
• House Completion is within 3 months after the last equity Move-in for In-house
• A buyer will not be allowed to move in unless:

o Downpayment is fully paid
o Posted checks for monthly amortization have been issued
o All documentation requirement are complied with
• Buyer should secure the Authority/Clearance to Inspect after 60 days upon the receipts of Notice of Completion (NOC), otherwise, unit will deemed accepted
• Buyer must secure Authority to Move In from Head Office upon the receipts of Certificate of House acceptance from the site
• Unit is considered 100% complete once accepted by the buyer
• Early Move-in

o Unit is ready to be occupied
o Monthly amortization will start 30 days from the date of Clearance for Inspection (CFI) Move-in for Pag-IBIG
Buyer will not be allowed to move in if there is no take out order from Pag-IBIG(No take out, no move in policy) Real Property Taxes, TCT transfer & Registration
• Buyer is bound to pay the real estate taxes and special taxes levied or that may be levied on the property during the time the CTS is in force, when they become due and payable, including the corresponding surcharge and penalties in case of delinquency
Required Personal Documents Pagibig Financing (Locally Employed / Developer Assisted) (For loan below Php750,000.00)
1. 2 valid ID (PRC/SSS/Philhealth/Postal/Passport/Driver's)
2. Tax Account No. (TIN)
3. 3 pcs. Picture 1x1 (husband/wife/Atty-in-Fact)
4. Cedula (husband/wife/Atty-in-Fact)
5. Birth certificate (Single) or Marrriage contract

6. Certificate of Employment with Compensation
7. Membership Status Verification Slip (MSVS)
8. Proof of Billing Address or Certification from Owner if renting
9. Postdated checks: Pagibig Financing (Locally Employed / Developer Assisted) (For loan above Php750,000.00)
ADDITIONAL DOCUMENTS
1. Income Tax Return (ITR)

2. Original Payslip (at least 3 months)

Pagibig Financing (OFW / Developer Assisted) (For loan below Php750,000.00)
1. 2 valid ID (Passport/PRC/SSS/Philhealth/Postal/Driver's)
2. 3 pcs. Picture 1x1 (husband/wife/Atty-in-Fact)
3. Birth certificate (Single) or Marrriage contract

4. Certificate of Employment with Compensation (Consularized)
5. Special Power of Attorney (Developer's form, must be Consularized)
6. Membership Status Verification Slip (MSVS)
7. Proof of Billing Address or Certification from Owner if renting
8. Postdated checks:

Pagibig Financing (OFW / Developer Assisted) (For loan above Php750,000.00)
1. 2 valid ID (PRC/SSS/Philhealth/Postal/Passport/Driver's)
2. Tax Account No. (TIN)
3. 3 pcs. Picture 1x1 (husband/wife/Atty-in-Fact)
4. Birth certificate (Single) or Marrriage contract

5. Certificate of Employment with Compensation (Consularized)
6. Special Power of Attorney (Developer's form, must be Consularized)
7. Original Payslip (3 months)
8. Membership Status Verification Slip (MSVS)
9. Proof of Billing Address or Certification from Owner if renting
10. Original Payslip (at least 3 months)
11. Postdated checks:
• 12 pcs. Equity or as per choosen term

• 44 pc. Amortization

• 2 pcs. Real Property Tax

• 58 pcs. Total checks
Developer will give Bank Referral Letter so Buyer or his/her Authorized Representative or Atty-in-Fact (SPA) can open a checking account with PLANTERS DEVELOPMENT BANK, Imus, Cavite. Only Php5,000.00 to open a checking account.

Note:

Other forms of documents for Inhouse, Bank & Pagibig Financing, will be given by the Developer's Office such as: Contract to Sell, Absolute Deed of Sale, Special Power of Attorney, Insurances and other forms related to choosen financing scheme. These will be submitted together with the above personal requirements.