Lancaster Estates - Alice House and Lot

Imus, Cavite
Townhouse
Lot Area: 40 sqm.     Floor Area: 40 sqm.
  3 Bedroom, 1 Toilet&Bath
Typical Selling Price: Php 850,000 / USD 19,767
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House Features

• Living Area
• Dining Area
• Kitchen
• Provision for One-car Garage

Materials & Finish

• Pre-painted G.I. Sheet Roofing
• Steel Casement Windows
• Painted Plain Cement Finish for Exterior Walls and Interior Walls
• Tiled Kitchen Counter with Enamelized Kitchen Sink
• Tiled Toilet and Bath with Complete Set of Bathroom Fixtures (Excluding Tissue and Soap Holder)
• Plain Cement Finish for Ground and Second Floors
• Provision for CATV, Telephone, Air Condition Outlet

Note:

• Ready for occupancy on the 16th month.
• Price is subject to change without prior notice.
• No Salary Range required.
• Developer will process Bank loan.
• Interest rates are estimates and for reference only. Prevailing interest rate will apply upon loan take-out.
• Processing fee includes transfer of title and other processing expense.
• Buyer can move-in upon full payment of equity and Bank loan take-out.

Submission of full documents needed within 60 days from date of reservation. 

Sample Computation for Lancaster Villages
Alice HOUSE MODEL

CASH PAYMENT SCHEME
(INNER LOT)

(Legal & Miscellaneous Fees and Reservation Fee not included in the computation of the discount)

PRICE STARTS AT PHP 830,000.00 AND UP

Typical Selling Price	Php  830,000.00
Less: Reservation Fee	Php       7,500.00
Selling Price Net of Reservation Fee	Php    822,500.00
10% Discount within 7 days from the date of reservation	Php      740,250.00
9.5% Discount within 8 to 30 days from the date of reservation	Php      744,362.50
9% Discount within 31 to 60 days from the date of reservation	Php      748,475.00
8.5% Discount within 61 to 90 days from the date of reservation	Php     752,587.50

BANK FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 850,000.00 AND UP

Selling Price	Php  850,000.00
Processing Fee	Php    68,000.00
Total Contract Price	Php  918,000.00
Reservation Fee	Php 7,500
Net Equity	Php 107,250.00
Total Down Payment	Php 114,750.00
Down Payment - Payable within 15 mos.	Php  7,150.00
Loan Amount	Php 803,250.00
Monthly Amortization  (including MRI&FIRE)
10 years to pay with 10% interest	Php     11,382.81
15 years to pay with 10% interest	Php        9,399.56
20 years to pay with 10% interest	Php        8,519.34

 

IN-HOUSE FINANCING SCHEME
(INNER LOT)

PRICE STARTS AT PHP 850,000.00 AND UP

Seling Price	Php   850,000.00
Processing Fee	Php     38,250.00
Total Contract Price	Php   888,250.00
Balance Loan Amount	Php   621,775.00
Total Downpayment	Php  266,475.00
Reservation Fee	Php       7,500.00
Net Equity	Php    258,975.00
Down Payment - Payable within 24 mos.	Php       10,790.63
Monthly Amortization
10 years / 21%	Php       12,747.10
5 years / 18 %	Php         16,104.84

Lancaster Estates, now called Lancaster Township, is more than 1000 hectares and still growing masterplanned commmunity in Cavite whose span covers Kawit, Imus and Gen. Trias.  Todate, 4 new additional house models are offered:  Sophie, Margaret, Gabrielle and Alexandra single attached house model.

A township development isn’t complete without a place for education, worship, leisure and socialization. A school (St. Edward Integrated School - supervised by La Salle) is estimated to commenced its school session in year 2012-2013, Church is now ready for viewing and Country Club will be ready this year. There will be Bus Terminal, a Police Station, Petron Gasoline Station (now open), Banks, retail outlets and restaurants readily available in the integrated township. Soon to open are the commercial areas fronting the amenities.

Location Map

Direct Highway To Manila

The much awaited Coastal Road Extension is NOW OPEN.  One thing is sure, properties in Lancaster Estates is set to experience capital appreciation. With scores of land available in this area, it promises a more vibrant and progressive Lancaster Estates in the near future as more opportunities will arise from the completion of mega infrastructures.

Lancaster Estates will only be a 30-minute drive from Airport and Makati.  It will soon connect to the Daang Hari – Tanza Highway.  And the upcoming LRT Line 1 (Baclaran - Bacoor via Paranaque) will further shorten travel time of the commuting residents to Manila, Caloocan and Quezon City.

LAND MARK

Malls

• SM City Bacoor (15 mins. drive)
• Robinson's Place Imus (15 mins. drive thru Alapan Road)
• Puregold (15 mins. drive)
• Emilus' Supermarket (Binakayan)
• Malvar Supermarket (Binakayan)
• New: 20 mins drive only to Mall of Asia via the newest and fastest Cavite Expressway

Schools

• STI Bacoor
• Cavite School of Saint Mark
• Theresian School of Cavite
• International School for Hotel and Restaurant Management (ISHRM) - along Tirona Highway
• San Sebastian College - Recolletos - Cavite City

Banks

• Land Bank
• Metro Bank
• BPI
• Allied Bank
• China Bank
• BDO
  

Hospitals

• Cavite Doctors' Medical Center, Inc. - Gen. Trias
• Contreras Medical Clinic - General Trias Drive, Rosario
• Divine Grace Medical Center - Bacao, Gen. Trias
• General Trias Maternity and Pediatric Hospital - Tejero, Gen. Trias
• General Trias Medicare Hospital - Pinagtipunan, Gen. Trias
• Kawit Kalayaan Hospital - San Sebastian, Kawit
• Our Savior Hospital - General Trias Drive, Rosario
• Prime Global Care Medical Center, Inc. - Bacoor
• Saint Dominic Medical Center, Inc. - Talaba, Bacoor
• Saint Michael Medical Hospital - Molino II, Bacoor
• San Agustin Medical Clinic - Bacoor
  

Resorts/Restaurants

• Kartini Hotel
• Island Cove Resort & Leisure Park
• Leslie's Restaurant (Bacao)
• 888 Fishing Place (along Covelandia Road)

Frequently Asked Questions

1. Selling Price – This is the value or price of the house.
   
   
2. Processing fee -  It covers payment for Title transfer cost, Blue print of the houseplans (one set), Administrative and documentary expences.
   
   
3. Total Contract or Package Price – The Selling Price of the house plus the processing fee.
   
   
4.  Reservation -  This is the first step on purchasing a unit. The reservation is depend on the house model you would like to purchase. It is not refundable but it is a part of the downpayment.
   
   
5. Downpayment -The monthly downpayment will start when you reserved the unit. If you reserved from 6th - 20th of the month the monthly downpayment will start on 20th of the next month. If you reserved the unit from 21st - 5th of the month the monthly downpayment will start on 5th of the next month. The buyer need to submit PDC (Post dated Check) for the payment of downpayment. The number of PDC's is based on the terms of downpayment.
   
   
6. In-house Financing – The loanable amount will be loan to the Developer.
   
   
7. Bank Financing– The loanable amount will be loan to our affliate bank like BDO, UCPB and Metrobank.
   
   
8. Monthly Amortization - The monthly amortization will start right after the full payment of downpayment.
   
   1. For In-house financing - Need to submit 36 pcs of Post Dated Check (PDC's) for the 3 years payment of amortization
   2. For BDO Bank financing - The amortization payment is thru Auto-Debit on savings account or submit post dated check to the bank.
   3. For UCPB and Metrobank - The amortization will be discuss by the bank to the buyer.
      
      
9. Loan Application - The Developer will process the loan. The buyer only need to submit the requirements needed in bank loan application with in 60 days after the reservation. The appraisal of the unit is already pre-approved by our affliate bank. The application of housing loan will start after the 60% of the house construction.
   
   
10. Required Documents-
    1. 3 pcs. ID picture 1x1
    2. 2 Valid ID's (if married husband and wife )
    3. Cedula (if married husband and wife )
    4. Birth Certificate or Marriage Contract
    5. Proof of Billing Address or Certification from Owner if Renting
    6. TIN
    7.  Postdated Check
       1. For bank Financing- need to submit 12 check for the downpayment
       2. For inhouse financing - need to submit 65 pcs check for 5 years amortization or 70pcs check for 10 years amortization
          1. 24 pcs for downpayment
          2. 36 pcs for amortization
          3. 4 pcs for 5 years amortization or 9 pcs for 10 years amortization
          4. 1 pc for guarantee check
             
             
11. Additional requirements for OFW or Seaman
    1. Passport
    2. 7 copies of SPA (Special Power of Attorney) forms to be provided by the developer. It must be signed by the buyer. The 3 copies of it must be duly consularized in place of work (consularization is the act of authenticating any legal document by the consul o ffice or the embassy, by the consul signing and affixing a red ribbon to the document).It must be submitted original to the developer .
    3. 1 pc. 2 x 2 ID picture of atty-in-fact
    4.  Valid ID's  of atty-in-fact.
       
       
12. House turn-over or move-in –
    1. For Pre Sale unit- The house move-in or turn over is 1-3 months after the house completion. The house completion based on the terms of downpayment.
    2. For Ready for Occupancy Unit -  The house move-in or turn over is 1-3 months after the full payment of the downpayment.
       
       
13. House Construction-
1. Pre sale unit - Construction of the house will start during the last quarter of the downpayment. Strictly all new house model of Lancaster Estate like Alexandra, Gabrielle, Margaret, Sophie, Diana and Alice is a pre sale unit.
2. Ready for occupancy Unit (RFO) – The house is already constructed and subject upon availability of house model so the unit must reserve immediately.
   
   
14. House Improvement- Buyer can only start house improvement like installing floor tiles, changing wall paint, build cabinet and fencing gate after the turned-over of the unit and must get outside contractor to do the improvement. The buyer required to submit the request for improvement with the sketch plan for the improvement and must paid a refundable bonding fee estimated amount of Php 5,500 - 10,500.00 depending on housing project chosen.  This Bond will pay for any damages (should there be any) during construction of improvement period.  Bond will be refunded if there is no damage done during construction.
    
    
15. Owner /Unit Transfer - Buyer can transfer reservation or payments to another person or unit. Just pay Php3,000.00 as transfer fee and submit a letter of request to transfer a unit/owner to the developer . All payments made will be duly credited in the new owner/chosen unit, if there is no penalty in the old owner/unit.

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