Margaret of Lancaster New City – House And Lot For Sale In General Trias, Cavite

About Margaret of Lancaster New City▲

Village Name	Lancaster New City
Site Address	Advincula Avenue, Barangay Alapan 2A, Imus – General Trias Boundary, Cavite
Floor Area	72 square meters
Lot Area	100 square meters
Bedroom	3
Bathroom	2
Garage	Provision for One (1)
Balcony	None
Maid's Room	None
House Turn-over	Complete except no floor tiles
Price Range	Php 2.2M – 3.0Million
Developer	Property Company of Friends, Inc. (ProFriends)
Track Record as Developer	15 years (Since 1999)

Margaret of Lancaster New City Sample Computation▲

Margaret of Lancaster New City Payment Terms and Conditions▲

1.  Modes of Payment

• Cash
  • Spot Cash Payment
    • Pay in full Total Contract Price amount within 7-360 days
  • Deferred Cash Payment
    •  Pay full amount of Total Contract Price in 24 equal monthly installments without interest.
• Installment
  • Bank Financing- for Ready for Occupancy Houses (RFO) & Preselling Units
    • 12.5% downpayment payable in 6-8-12-15 mos.
    • 87.5% balance loanable to Bank.
    • Developer will process your bank loan application.
  • Inhouse Financing– for Ready for Occupancy Houses (RFO) & Preselling Units
    • 20%-30% downpayment payable in 6-8-12-15-24 mos
    • 80%-70% balance loanable to Developer who will process your loan application.
    • Ideal for buyers who cannot apply Bank housing loan.

2.  Reservation Fees – amount of Reservation Fees (RF) will depend on house model:

• Php7,500.00 for Alice.
• Php 10,000.00 for Catherine and Diana.
• Php 20,000.00 for Adelle, Sophie, Margaret, Gabrielle, Alexandra, Chessa, Briana and Mabelle.
• Reservation Fee (RF) is part of downpayment and valid for 30 days only.
• To avoid cancellation of RF after 30 days, Buyer must contact Developer’s office before Reservation Fee expires.
• Promo discount given during reservation is not transferable and refundable.

3.  Loan Terms

• Bank Financing
  • Up to 15 yrs  for OFW
  • Up to 20 yrs. for locally employed.
  • Loan term will depend on Buyer’s age, work position and capacity to pay.
  • Interest rate is 8% per year.
  • However, prevailing interest rate will apply upon loan take-out.
  • Age allowed is 21 – 55 yrs old.
  • In case Buyer will not be approved for Bank Financing for whatever reason, In-House financing scheme will automatically be applied
• Inhouse Financing
  • Maximum terms is 10 yrs.
  • 18% interest per year for 5 yrs terms.
  • 21% interest per year for 10 yrs. Term
  • Age allowed is 18 – 60 yrs. old.

4.  Start of Payment

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

5.  Total Contract Price

• For Bank Financing include Taxes, Transfer of Title, Bank Charges & Miscellaneous Fees.
• For Inhouse Financing include taxes and misc. fees only.  Title transfer cost is not included.

6.  Discounts

• Full Down Payment
  • 7.5%  –  If paid within 30 days
  • 7% – If paid within 60 days
  • 5%  –  If paid within 180 days
  • Discount will be computed base on Net Downpayment (DP) amount
  • Net DP means reservation fee and promo discount are deducted
• Full Payment of Total Contract Price
  • 10% – If paid within 7 days
  • 9.5% – If paid within 30 days
  • 9% – If paid within 60 days
  •  4% – If paid within 360 days
  • Discount will be computed base on Net Total Contract Price (TCP)
  • Net TCP means reservation fee, misc. fees and promo discount are deducted

7.  Accredited Banks

• BDO, PNB, China Bank, Metrobank, Security Bank, Planters Bank & UCPB

8.  Reminders

• Reservation Fee is not refundable in case of withdrawal and cancellation.
• Downpayment can be transferred within 120 days from Reservation Date subject to approval.  If approved, must pay Transfer Fee estimated at Php3,000.00. Part of downpayment may not be transferred.
• Amortization is not refundable and not transferable in case of withdrawal and cancellation.

9.  Other Fees to Pay Separately

• Insurances – Fire and Mortgage Redemption Insurance (MRI) will be added to monthly amortization by the bank. Estimated monthly insurances is 0.0005 of loanable amount.
• Real Property Tax – To be paid one year after downpayment starts and every year thereafter.  Tax amount depends on property amount and location.  Estimated yearly amount range from Php 2,000 – Php 8,000.00.
• Water &Meralco – are Buyer’s account.  Buyer will apply the water and Meralco connection upon house turn-over and pay the connection fees.  Estimated amount is Php 8,000.00.
• Construction Bond (optional) – is required if you construct improvement like fencing, renovation and extension. This is refundable If there is no property damage after construction. Estimated amount starts at Php 10,000.00 – up.  Amount depends on scope of improvement.

Margaret of Lancaster New City Frequently Asked Questions▲

What are the required documents during Reservation of unit?

• Valid IDs
• Payment of Reservation Fee
• Filled-up and signed Buyer’s Information Sheet and Reservation Agreement

When is the start of construction?–

• Construction starts after full payment of downpayment.
• No early construction is allowed even if you have paid the full amount ahead of schedule.

How long is the construction of the house?

• Estimated construction time is 6 – 8 months.
• Construction may vary depending on weather condition.

When can Buyer move-in?

• Bank Financing – after full downpayment & bank loan is released.
• InhouseFinancing – after full downpayment, issuance of post dated checks and complete requirements are submitted.

Are there restrictions on house improvement? – Yes.  Buyer must first submit sketches of improvement to Developer’s Engineering office for approval.  No deletion on any part of the house is allowed.

What are READY FOR OCCUPANCY (RFO) HOUSES?

• Ready for occupancy Houses are best for Clients who wants to transfer within a year.
• Ready For Occupancy Houses are already constructed or under-going construction.
• Ready For Occupancy houses have higher monthly DP payment because DP term is shorter, usually 4-6-12 months only.
• Down payment term depends on construction status of the house.
• RFO houses have no discount when down payment paid in Spot Cash but have discount up to 10% if Client pay the full amount of the Total Contract Price.
• Age limit is 18-60 for In-house. 21 yrs old – 55 yrs old for bank financing.

Why do we see different prices in the internet?

• Price depends on location and orientation of the lot.
• Price is cheaper for regular lot, inner unit, duplex, single attached, house beside perimeter, facing west, north or south, no park and far from entrance.
• Price is higher with bigger lot areas like end lot, corner lot, irregular lot cut, facing east, located along main road, near park, amenities and entrance.
• Price may have change when you saw the computation. Please always ask for updates.

Lancaster New City Home Buying Guide?

General Steps On Buying a House and Lot in Lancaster New City

Through the years, the developer - Property Company of Friends, Inc. (ProFriends) has worked to make quality homes available to Filipinos the easiest possible way. Following are basic and important home buying steps you should know about your home of choice in Lancaster New City.

STEP 1: INQUIRE

You may inquire from our Property Consultant thru phone, email or live chat about the details, development, project features, available inventories, financing options, promo, discounts and other information of the desired house model and village. You're free to ask information relevant to the company, the project or details in acquiring a property. Read more…

Margaret of Lancaster New City Floor Plan▲

(Click image to enlarge)

Margaret of Lancaster New City House Features▲

• Lot Area: 100 square meters
• Floor Area: 72 square meters
• Single Attached
• Two (2) Storey House and Lot
• 3 Bedroom
• 2 Toilet and Bath
• Provision for one (1) Carport
• Dining Room
• Kitchen
• Laundry / utility area
• Living Room
• Provision for CATV, telephone, air conditioning outlet

Margaret of Lancaster New City House Finishes▲

• Roofing - Pre-painted G.I. sheet roofing
  
• Exterior/Interior - Painted plain cement finish
  
• Partition Walls - Concrete and painted finish
  
• Ceiling - Painted fiber cement board on metal framing
  
• Ground Floor - Plain cement finish flooring
  
• Second Floor - Plain cement finish flooring
  
• Windows - Steel casement window
  
• Main Door - Painted finish solid wood panel
  
• Toilet & Bath Door - PVC door
  
• Kitchen – Tiled kitchen counter with stainless kitchen sink
  
• Kitchen Cabinets - Concrete base cabinets with painted wooden doors
  
• Toilet & Bath Fixtures - With toilet fixtures and shower set
  
• Toilet & Bath Finishes - Unglazed ceramic floor tiles
  
• Stairscase – Concrete stair steps
  
• Stair Handrails – Steel handrail
  
• Auxiliary - Provision for CATV, telephone, A/C outlet

Margaret of Lancaster New City Dressed-up Photos▲

Dressed-up photos are only presentation of ideas or suggestions on how to improve, decorate and furnish your unit. All furnitures, beds and improvements done on the dressed-up unit is NOT included in the Turn-over. Please refer to Turn-over Specifications for references.

Lancaster New City Location▲

(Click image to enlarge)

Exsiting Public Transportation in Lancaster New City▲

• Via Cavite Expressway or Aguinaldo Hi-way  Road
• 24 hours Bus and Jeepney

How to Get To Lancaster New City▲

From Cubao, Starmall Edsa, or Makati

• Take a bus to Coastal Mall Baclaran.
• Ride on a bus with Naic or Ternate signboard passing thru CAVITEX (Cavite Expressway).
• Get off at Lancaster New City transport terminal.
• Take shuttle going inside Lancaster New City

From Lawton, Manila

• Take a bus with Naic or Ternate signboard that will pass thru CAVITEX route.
• Get off at at Lancaster New City transport terminal.
• Take shuttle going inside Lancaster New City.

From Alabang, Muntinlupa

• From Alabang, ride a jeepney to Zapote, Las Pinas.
• Transfer to a mini bus or jeepney with Naic or Ternate signboard passing thru Tirona Highway route.
• Get off at Lancaster New City transport terminal.
• Take shuttle going inside Lancaster New City.

From Tagaytay, Dasmarinas and Imus Cavite

• From Tagaytay, ride a bus going to Manila.
• Get off at South Supermarket along Aguinaldo Highway.
• Take shuttle going to Lancaster New City.

Lancaster New City Nearby Facilities▲

Schools

• St. Edward Integrated School
  
• Bucandala Elementary School (Public)
  
• Elizabeth Seton South (Imus)
  
• International British Academy
  

Hospitals

• Southeast Asian Medical Center
  
• St. Michael Medical Center
  
• Medical Center Imus
  
• Molino Doctors Hospital
  
• St. Dominic Medical Center, Bacoor
  
• Metro South Medical Center, Bacoor
  

Religious Institutions

• Church of the Holy Family – inside Lancaster New City
  
• Iglesia ni Cristo (Gen. Trias)
  
• Lighthouse Baptist Church
  
• Seventh-Day Adventist Church
  
• United Methodist Church
  

Major Places

• Dasmarinas, Cavite
  
• Las Pinas City
  
• NAIA Airport 1
  
• Muntinlupa City
  
• Makati City
  
• Tagaytay
  

Malls and Leisure Spots

• Lancaster Square – (inside Lancaster New City)
  
• Robinsons Imus
  
• The District
  
• SM Bacoor
  
• Mall of Asia
  

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.fb.com/megamanilahousesforsale

Contact Us

Need a quick reply to your inquiry? Contact us below and we'll get back to you within 12hrs max!

Mobile:
+63 917 530 5817 (Globe)
+63 975 130 1396 (Globe)
+63 926 720 0797 (Globe)
+63 999 997 7995 (Globe)
+63 917 553 4044 (Globe)
+63 936 918 3281 (Globe)
+63 915 509 5164 (Globe)
+63 977 807 4218 (Globe)
+63 917 621 1564 (Globe)
+63 908 884 7387 (Smart)
+63 932 885 4163 (Sun)

International clients thru Viber:
(+63) 917 530 5817

Email us at:
megamanilahouses@yahoo.com.com

Amenities▲

Lancaster New City Amenities

• Clubhouse
  
• Basketball Court
  
• Parks and Playground
  
• Swimming pool
  
• Scenic Jogging Trails
  
• Schools
  
• Security - minimum of 2 guards per gate.
  
• Round the clock roaming. Well trained security personnel

Read more about Lancaster New City→