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Bloom Residences – Condos For Sale In Sucat, Paranaque City

Bloom Residences – Condos For Sale In Sucat, Paranaque City Banner

Bloom Residence is a luxurious 6.1 herctare urbanities and young families who want to stay active and healthy through multitude of recreational amenities. Blossom and flourish in this newest bud, south of the Metro – Bloom Residences in Paranaque!

Bloom Residences is a home where you can plan your roots as you start your career, grow the love for your family, care for your little buds, and eventually carve some names in the family tree.

An amazing opportunity, call +63917 530 5817(Viber/Whatsapp/IMO/Skype) today for an appointment as this property is high in demand and will not be on the market for long.

About Bloom Residences

Site AddressDr. A. Santos Avenue, Brgy. San Antonio, Sucat, Paranaque City
Land Area6.1 Hectares
No. of Buildings4
Floors per building19 floors
No. of Units± 3,240 units
Parking AreasTotal Slot: 1,535
• 816 Basement Parking
• 99 Ground floor parking
• 99 Commercial Parking
Unit Turn-overComplete
Price RangePHP2.7M – 5.1Million
DeveloperSM Development Corporation (SMDC)
Track Record as Developer19 yrs (since 1996)

Condo Units Available for Sale at Bloom Residences

 

Tower : TOWER 1
Unit Type: 2 Bedroom Unit with Balcony
Floor/Unit Area: ± 32.51 SQM
View: Facing City Scape View
Interior Finish: Complete Finish

 

Tower : TOWER 1
Unit Type: 2 Bedroom End Unit with Balcony
Floor/Unit Area: ± 31.96 SQM
View: Facing City Scape View
Interior Finish: Complete Finish

 

Note: Price may change without prior notice.

 

Bloom Residences – Dress-up Unit

 

Disclaimer: A dressed-up unit is for presentation purposes only to give idea when a unit is furnished.  Appliances, furnitures and fixtures are not included in the quoted price. Please refer to Unit Materials and Finishes for turnover / deliverables.

Estimated Condo Turn-Over of Bloom Residences

 

Complete Finish

  • Tower A  – Number of Unit 563
  • Tower B – Number of Unit 545
  • Tower C  – Number of Unit 548

Phase 1 – Estimated 2nd Quarter 2022

Bloom Residences Site Development Map

Site Development Map of Bloom Residences

(Click image to enlarge)

Bloom Residences Sample Computation

Bloom Residences Payment Terms & Conditions

Modes of Payment

  • Spot Cash – 100% payable within 30 days. Discount is 10% base on List Price.
  • Spot Downpayment (DP)
    • Option 1 – 10% Spot DP; 90% over 30 months. Discount is 2% base on List Price.
    • Option 2 – 20% Spot DP; 80% over 30 months. Discount is 3.5% base on List Price.
    • Option 3 – 50% Spot DP; 50% over 30 months. Discount is 5% base on List Price
    • Note:  Number of months will shorten as condo construction is near completion.
  • Deferred Payment
    • No downpayment.  Zero interest.
    • Pay full Total Contract Price in 33 months without interest.
  • Spread Downpayment
    • Option 1 – 10% DP in 24 months;  90% Cash or Bank
    • Option 2 – 15% DP in 30 months;  85% Cash or Bank
    • Option 3 – 20% DP in 33 months;  80% Cash or Bank
    • Note:  Number of months will shorten as condo construction is near completion
  • Easy Payment Scheme
    • Option 1 – 10% Spot DP; 10% DP in 30 months; 80% Cash or Bank
    • Option 1 – 20% Spot DP; 10% DP in 30 months; 70% Cash or Bank. Discount is 1% base on List Price
    • Note:  Note:  Number of months will shorten as condo construction is near completion

Loan Terms

  • Bank Financing 
    • Up to 10yrs  for OFW; 15 yrs. for locally employed.
    • Approved loan term depends on age, work & capacity to pay.
    • Interest rate is 7.5% per year but prevailing interest rate apply upon loan take-out.
    • In case Buyer is not approved in Bank Financing for whatever reason, In-House financing will automatically apply.
  • Inhouse Financing
    • Maximum term is 10 yrs.
    • 16% interest per year for 5 yrs term
    • 18% interest per year for 10 yrs. Term
    • Age allowed is 21 – 55 yrs. old

Start of Payment

  • Downpayment  (for Bank & Inhouse financing) – 30 days after reservation date.
  • Amortization (for Bank and Inhouse financing) – after full down payment or DP term.

Total Contract Price (TCP) – include Registrations Fees, Documentary Stamp Tax from BIR, Transfer Tax Fees from city Treasurer’s Office, Water and Meralco Meter Installation, Handling Fees and Miscellaneous fees. However, 12% VAT tax will be added to the TCP if it exceeds Php3.1Million.

Accredited Banks

  • BDO, China Bank, BPI, PNB, HSBC, UCPB

Other Fees to Pay Separately

  • Bank Charges  – for loan processing and documentation expenses.  To be paid directly to the bank before loan take-out.   Estimated bank charges is 3-4% of loanable amount.
  • Insurance – Fire and Mortgage Redemption Insurance (MRI) will be added to monthly amortization by the bank. To be paid directly to the insurance company. Estimated monthly insurances is 0.0006 of loanable amount.
  • Real Property Tax – To be paid when unit is turned-over then every year thereafter.  Tax amount depends on property amount and location.
  • Move-in Fees – are payment of water connection and Homeowner’s membership fee only.  To be paid before move-in.
  • Estimated Homeowners’ Association Monthly Dues:
    • Bloom Residences – Php105.00/square meters
    • Bloom Residences– Php100.00/square meters
  • Construction Bond (optional) – is required if you construct improvement or renovation of the unit. This is refundable if there is no property damage after construction. Amount depends on scope of improvement.

Important Reminders

  • Reservation fee is non- refundable and not transferable to other units.
  • Downpayment maybe transferred subject to approval, payment of service & transfer fee.
  • Estimated cost of changes is Php45,000.00 per unit request.
  • Promo discount given during reservation is not transferable and refundable.
  • Prices, Terms and Availability are subject to change without prior notice.

Bloom Residences Frequently Asked Questions

  1. What are the initial required documents during Reservation of unit?
    • 2 Government issued ID of Buyer and Atty-in-Fact (AIF)
    • Duly Filled-out and Signed Reservation Agreement Form (RA)
    • Duly Filled Out and Signed Buyer’s Information Sheet (BIS)
    • Signed Schedule of Payment (Computation Sheet)

    Payment of Reservation Fee

    • Cash
    • Current-dated Check – 3rd party checks will only be accepted if with authorization letter duly signed by the check owner or if the payee indicates “SMDC for the Account of <name of buyer>
    • Credit/Debit Card – duly validated charge slip shall be submitted
    • Bills Payment – evidenced by payment slip
    • Wire Transfer/Remittance Order – evidenced by Remittance Application Form (RAF) duly validated by the remittance company or bank

    Additional Requirements

    • BIR 1903 / 2303 for Corporate Buyer (validated by BIR)
    • BIR 1904 for Individual Buyer with payment scheme of:
      • Spot Cash
      • Spot or Deferred Cash whose payment term is forecasted to reach 25% of Total Payment within the year of sale.
    • Waiver for Foreign Buyer with balance which will be paid thru Bank Financing
    • Note:
      • the Buyer’s Tax Account Number (TIN) shall be validated to ensure that Creditable Withholding Taxes (CWT) will be paid promptly and in the account of the correct party.
      • “Authority to Accept Payment” (ATAP) Form is required in paying the reservation fee to the Cashier for the issuance of Official Receipt or Acknowledgement Receipt.
      • What are the Requirements – see complete list of requirements here.

    When can Buyer move-in? 

    • Spot Cash Buyers – After full payment of Total Contract Price (TCP)
    • Deferred Cash Buyers – Payment of at least 50% of TCP and submission of complete post-dated checks (PDC’s) for the balance;  Payment Of Other Charges
    • In-House Financing – Payment of at least 50% of TCP, submission of complete post-dated checks (PDC’s) for the balance and clearance via credit evaluation; Payment of Other Charges.
    • Bank and Other External Financing Buyers – Full payment of down payment and actual loan release covering full lump sum balance.

    Is Unit Alteration / Combination (UACF) Allowed?  – Yes.  UACF Form  is used for unit modification requests – unit combination and non-installation of certain items – subject to Buyer’s completion of at least 20% of Total Contract Price (TCP), outright payment of corresponding fees upon submission of UACF and must not have any past due payable or unpaid penalties.

    How much is the estimated cost? – Unit alteration and combination range from Php10,000.00 to Php15,000.00 per set. Please ask for exact amount during reservation.

    Any House Rules? – Yes

    • Animals / pets (any size) are not allowed
    • LPG tanks are not allowed
    • The unit owner/resident shall not introduce any improvements, alterations or additions to his unit without prior written consent or approval from the Property Admin office.
    • Note:  For other guidelines, buyers could refer to the house rules manual given during orientation before move-in.

Bloom Residences Unit Finishes

Living & Dining

Wall: Painted Cement Finish
Floor: Homogeneous Tiles
Main Door: Wood Laminated Door with Lever Type Lockset

 

Bedroom

Wall: Painted Cement Finish
Floor: Homogeneous Tiles
Partition: Sliding Glass on Laminated Frame (1-BR);
Laminated Wood Door (2-BR)

 

Balcony

Wall: Painted Cement Finish
Floor: Ceramic Tiles

 

Toilet & Bath

Wall: Wall Tiles and Painted Finish
Floor: Ceramic Tiles
Door: Laminated Wood Door with Cylinder Type Lockset

 

Kitchen

Wall: Painted Cement Finish
Floor: Homogeneous Tiles
Countertop: Granite Finish
Kitchen Cabinet: Laminated Wood Grain Finish

Amenities in Bloom Residences

Amenities

  • Adult Pool
  • Lap Pool
  • Great Lawn
  • Pavilion
  • Children’s Play AreaKiddie Pool
  • Multi-purpose
  • Playing FieldPalm Court
  • Half-Court Basketball
  • Pool Deck
  • Jogging Path
  • Amenity Lounge

Facilities

  • 24-hour security services
  • High speed elevators
  • Grand lobbies
  • Back-up power system
  • Fire alarm and sprinkler system
  • Centralized mailroom
  • Centralized garbage collection and disposal system
  • Property Management

 

Bloom Residences Location

Bloom Residences is situated in Dr. A. Santos Avenue, Brgy. San Antonio, Sucat, Paranaque City .

Vicinity Map: How to Get To Bloom Residences

(Click image to enlarge)

Exsiting Public Transportation

  • Jeepney
  • Taxi
  • Buses

How to Get To Bloom Residences

Located at the foot of Sucat Skyway Exit, Bloom Residences is just few minutes’ drive away to:

  •  Sucat Toll Exit – 3mins/1.0km
  • Alabang Toll Exit – 6mins/4.4km.
  • MRT Magallanes Station – 16mins/11.3km.
  • MRT Ayala Makati Station – 21mins/12.7km.
  • Bonifacio Global City – 30mins/14.3km.
  • NAIA 3 Airport – 31mins/19.3km.

Bloom Residences is just walking distance to jeepney stop and taxi stand. It is highly accessible thru:

 

  • Paranaque – Sucat Road
  • South Luzon Expressway
  • Metro Manila Skyway Toll Road

Nearby Facilities

Schools

  • Apec School - Sta. Rita (1.1km)
  • John Shannon Montessori (3.4km)
  • Sampaloc Site II Elementary School (2.6km)
  • LH Montessori High Inc. School
  • Ville St. John Academy (3.3km)
  • Escuela de San Lorenzo Ruiz (4.2km)
  • Regina Maria Montessori (1.7km)
  • Datamex Institute of Computer Technology (3.4km)
  • St.Therese De Avila School of Parañaque or STAS(4.2km)
  • PATTS College of Aeronotics (4.9km)
  • Universal College of Parañaque (5.km)

Hospitals

  • Medical Center Parañaque (1.2km)
  • Unihealth - Parañaque Hospital and Medical Center (3.3km)
  • Hi - Precision Medical Clinic (3.0km)
  • Olivarez Hospital (5.8km)
  • The Premier Medical Center (8.2km)

Religious Institutions

  • Seventh-Day Adventist Church - Parañaque Center
  • Iglesia Ni Cristo - Fourth Estate Locale
  • ICCP Sucat Evangelical Church
  • The Church of Jesus Christ of Latter Day Saints
  • Annunciation of the Theotokos Orthodox Church

Major Places

  • SM City BF Parañaque (1.4km)
  • Shopwise (1.0km)
  • Uniwide Warehouse (3.2km)
  • Puregold (5.3km)
  • SM Hypermarket (1.0km)
  • SM City Sucat (6.8km)
  • Santana Grove (0.65km)

Malls and Leisure Spots

  • SM City BF Paranaque
  • Sucat Enterprises Inc.
  • Madison Galeries - Lifestyle Mall
  • Walter Mart

Contact for FREE - Tripping, House Viewing Assistance, Sample Computations, Promos and General Enquiry

Local Landline: +646 450 5812
Mobile & Viber: +63917 530 5817
Email: sales@megamanilahouses.com
Website: www.megamanilahouses.com
Facebook: www.facebook.com/megamanilahousesforsale