The Prestige Subdivision is a 34 hectare development of low-cost to middle-cost housing located in Cabantian, Buhangin District, Davao City. This is another affordable housing brought to you by Davao Joyful Homes Realty – developer of Victors Estate, Sincere Subdivision and The Harmony.
“Elegant, Simplified & yet admirable. This is what the Prestige gives you.”
- Concrete Roads (Main & Secondary Roads)
- Curb & Gutter with side walk and planting strip
- Under Ground Drainage System
- Perimeter Fence all boundaries
- Guard House & Landmark
- Multi-Purpose Building
- Basketball Court
- Street Lights & Street Sign
Price Update as of September 2016
DIEGO- Duplex Loft Type, Lot Area: 50 sq.m, Floor Area: 32 sq.m
[Click here to view DIEGO Floor Plan]
Package price: 681,000 ; Reservation Fee: P3,000
Equity : 228,000 +Processing fee:31,500 = P 259,500
Payable in 50mos. @ = P 5,190.00/mo.
Remaining balance loanable(PAG-IBIG): 450,000
Estimated payable in 30yrs (@6.5% interest – 3 yrs repricing)= P 2,844.21/mo.
Income Requirement: P 8,126.59
Package price: 1,497,000.00 ; Reservation Fee: P 6,000
Equity: 298,320.00 +Processing fee: 83,529.60 = P381,849.60
Payable in 50mos. = P 7,637/mo.
Remaining balance loanable(PAG-IBIG): 1,193,280.00
Estimated payable in 30yrs (@6.5% interest – 3 yrs repricing)= P 7,542.34/mo.
Required Income= P 21,549.55
Package price: P 1,843,120.00 ; Reservation Fee: P 8,000
Equity:367,024.00 +Processing fee: 102,766.72 = P 469,790.72
Payable in 50mos. = P 9,395.81/mo
Remaining balance loanable(PAG-IBIG): 1,468,096.00
Estimated payable in 30yrs = P 9,279.37/mo
Required Income = P 26,512.47
Camille 3 Bedrooms, 3 Toilet & Bath- Lot Area: 120 sq.m, Floor Area: 75 sq.m
Package price: 2,796,580.00 ; Reservation Fee: P 10,000
Equity: 557,316.00 + Processing fee: 156,048.48 = P 713,364.48
Payable in 50mos. = P 14,267.28/mo.
Remaining balance loanable(PAG-IBIG): 2,229,264.00
Estimated payable in 30yrs = P 14,090.46/mo.
Required Income= P 40,258.47
Package price: P 2,562,500.00 ; Reservation Fee: P 10,000
Equity: 510,500 +Processing fee: 142,940.00 = P 653,440.00
Payable in 50mos. = P 13,068.80/mo.
Remaining balance loanable(PAG-IBIG): 2,042,000.00
Estimated payable in 30yrs = P 12,906.83 /mo.
Required Income = P 36,876.65
LUKE (new model house)
2 Storey – 2 Bedrooms, 2 Toilet & Bath; Lot Area: 75 sq.m; Floor Area: 50 sq.m
Package price: P 1,417,500 ; Reservation Fee: P 5,000
Equity: 282,500.00 +Processing fee: 79,100.00 = P 361,600
Payable in 50 mos. = P 7,232/mo
Remaining balance loanable(PAG-IBIG): 1,130,000.00
Estimated payable in 30yrs = P 7,142.37/mo
Required Income = P 20,406.77
CHICO – 2 Bedrooms, 1 Toilet & Bath
Lot Area: 75 sqm, Floor Area: 30 sqm
Package price: P 1,190,500.00 ; Reservation Fee: P 4,000
Equity: 237,300.00 +Processing fee: 66,444.00 = P 303,744.00
Payable in 50 mos. = P 6,074.88 /mo.
Remaining balance loanable(PAG-IBIG): P 949,200.00
Estimated payable in 30yrs = P 5,999.59 /mo
Required Income = P 17,141.68
SAMPLE ACTUAL HOUSE PHOTOS
TYPICAL HOUSE FEATURES:
- High ceiling and roof pitch
- Ceramic Floor Tiles (except for DIEGO)
- 8 x 8 tiles for toilet & bath
- 8 x 8 tiles for kitchen counter
- Stainless Kitchen Sink
- Flush type water closet with lavatory for T/B
- Panel Doors for main & service
- Sliding Glass Windows
- Colored Roofing
- Gutter & Downspout
- Complete Electrical Accessories & Lightings
- Hardiflex Board for Exterior Ceiling
- Painted Wall – Interior & Exterior
SITE UPDATE AS OF OCTOBER 2016:
Q: What are the initial requirements?
A: 1.) Photocopy of 2 Valid ID with signature
2.) Signed Application Form
3.) Checking Account (If not available, we can give bank referral)
– Other requirements will be discussed upon reservation.
Q: When is the turn-over the house at the prestige subdivision?
A: Standard turn-over of houses is after paying the equity/downpayment. Since the equity is payable in 50 months, estimated turn over is after 50 months.
For other project of the developer located in Catalunan Pequeno, please see below: