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38 Park Avenue | Studio unit | I.T Park Cebu

2 968 812

Overview

Type
Contract Type
Sale
Baths
1
Beds
1
Area
24

Description

38 Park Avenue Condo Cebu I.T Park

A World-Class Masterpiece in a New-York Inspired Condo Living, where a Park meets the City, Where East and West are one in a panoramic view! The ” 38 Park Avenue Condo in Cebu I.T. Park”   Situated in a green, open retail park, this stunning property has 745 modern, meticulously designed condo units matched with ultra-modern features and amenities! –  38 Park Avenue Condo Cebu I.T Park World-Class Residences

38 Park Avenue Condo in  Cebu I.T Park is the tallest Building

38 Park Avenue studio & 1 Bedroom, 2 Bedroom unit, 3 Bedroom & Penthouse units is as  38 Storey high! The highest  Cebu I.T. Park with a Grand Atrium at the center of the tower. Surely this would be the home of Cebu’s Top business executives that will be delighted with the Ultra-Exclusive VIP units at the Penthouse! Our studio and one-bedroom units comes with more space for the young professionals with a fast-paced lifestyle or for a start up family who wants to enjoy the urban life. It’s multi-level Sky Amenity Club features the swimming pool, fitness gym, lounge and recreation areas, multi-functional hall and the kids zone.

The Grand Lobby & Garden Atrium

At the Grand lobby is the garden atrium, with the double volume height, with access to The Plaza, where you can enjoy fine dining, retails shops, leisure centers and business hubs. Needless to say, 38 Park Avenue 1 Bedroom Condo Cebu I.T Park with Balcony units is a great address in the region, may it’ll be a residential or for business. A live work-play environment, offers, life a top most convenience in a bustling City of Cebu! 38 Park Avenue presents five (5) types of condo residences: Studio 24 square meters, One-bedroom 54 to 56 square meters, Two-bedroom 80 square meters, Three-Bedroom 111 to 137 square meters and the biggest units are the Penthouses 320 to 420 square meters.

A Proudly Cebuano-led Development by Top Cebuano Businessmen

A Joint Venture with

  • El Camino Developers
  • Cebu Landmasters Inc. the No. 1 Local Developer in Metro Cebu ( CBRE 2016 )
  • Gothong Southern Properties
  • Acrissors Development Corp.
  • RKD Property Holdings, Inc.

WORLD-CLASS Consultants:

  •  AIDEA – Philippines’ TOP Architectural Firm
  •  CallisonRTKL (A Design Consultancy Of Arcadis) – World’s TOP Design Consultant

QUICK FACTS:

  • 38 Storey building
  • 3 Levels of Amenity at the 26th to the 28th floor
  • 2 Main Lobbies (East 8: West)
  • 8 Elevators
  • 3 Levels Basement Parking
  • A Grand Atrium at the Center of the Tower
  • Ultra-Exclusive VIP Units
  • Situated within THE PLAZA AT PARK AVENUE, a Green Open Retail Park

BUILDING FEATURES:

  • 745 Units
  •  440 STUDIO
  • 211 One-BEDROOM
  • 75 Two-BEDROOM
  • 11 Three-BEDROOM
  • 8 PENTHOUSE
  • 1,280 Sqm Building Floor Plate
  • BALCONY On Selected Units
  • 521 PARKING Units
  • SKY GARDENS On The 31, 33, 35, 37, & 39th Floor
  •  PATIO Every 3 Floors From 3rd To 12th Floor
  •  Ground Level RETAIL SPACES

BUILDING AMENITIES:

  •  SKY CLUB AMENITY
  • Swimming pool
  • Fitness gym
  • Lounge areas
  • Multi-function hall
  • RECREATION AREAS
  • KIDS ZONE
  • GRAND LOBBY
  • Garden Atrium
  • High Ceiling
  • Retail restaurant

BUILDING SERVICES:

  • 24-Hour Security
  •  CCTV System
  • Property Management Services

Payment Options:

  1. Spot Cash 30 Days with 8% Discount of List Price
  2. Deferred Cash 48 Months
  3. Spot 20% DP with 5% Discount on DP 80% Bank Financing or Cash Upon Turnover
  4. Spot 10% DP with 2% Discount on DP 10% DP 47 months W/O Transfer Charges
    Transfer Charges before move-in, 80% Bank Financing or Cash Upon Turnover
    Monthly after 10% Spot DP starts at 6,015.83/month
    Or Spot 10% DP with 2% Discount on DP 10% DP 47 months W/ Transfer Charges
    80% Bank Financing or Cash Upon Turnover
  5. Spot 5% DP with 2% Discount on DP 15% DP 47 months W/O Transfer Charges
    Transfer Charges before move-in, 80% Bank Financing or Cash Upon Turnover
    Or Spot 5% DP with 2% Discount on DP 15% DP 47 months W/ Transfer Charges
    80% Bank Financing or Cash Upon Turnover
  6. 20% DP W/O Transfer Charges payable 48 months
    Transfer Charges before move-in
    80% Bank Financing or Cash Upon Turnover
  7.  20% DP W/ Transfer Charges payable 48 months
    80% Bank Financing or Cash Upon Turnover

Price Range:

  • Studio 24.48sqm:
  • Price: Php 2,827,440 to Php 3,402.052
  • Studio Corner 29.64 sqm:
  • Price: Php 3,622,289 to Php4,215,319
  • One Bedroom Corner with Balcony 54.13sqm to 60.24sqm:
  • Price: Php 6,615,200 to Php 7,883,102
  • Two Bedroom Corner 74.01 to 76.55sqm
  • Price: Php10,365,415 to Php 10,886,730
  • Two Bedroom Corner with Balcony 84.72 sqm to 103.77sqm
  • Price: Php10,903,336 to Php14,926,224
  • Three Bedroom Corner with Balcony 110.86 to 141.77 sqm
  • Price: Php15,806,256 to Php20,392.125
  • Penthouse Corner with Balcony 412.05 to 475.57sqm
  • Price: Php61,051,594 to Php70,977,395

Sample Copmputation of  Studio Unit:

Studio 24.48sqm Unit 205

List Price 2,968,812
Add: Title Transfer & Misc 237,504.96
Total Selling Price 3,206,316.96

Reservation Fee 30,000.00

Payment Options:

Option 6: 20% DP for payable 48 months 80% Bank Fin. or Cash

20% DP      641,263.39
Less: Reservation Fee 30,000.00
Net After Res Fee         611,263.39
Payable 48 months at  12,734.65/month

Title Transfer & Misc    237,504.96

80% Bank Financing or Cash Upon Turn Over 2,565,053.57

Option 5: 5% Spot DP 15% payable 48 months 80% Bank Fin. or Cash

5% DP                             1,603,158.48
Less: Reservation Fee  30,000.00
Net After Res Fee        1,573,158.48 payable 30 days after Res.
15% Payable 47 months at  9,474.93/month

Title Transfer & Misc    237,504.96

80% Bank Financing or Cash Upon Turn Over 2,565,053.57

Option 4: 10% Spot DP 10% payable 47 months 80% Bank Fin. or Cash

10% DP with Less: 2% Discount on Spot DP
Net after discount                   260,943.93
Less: Reservation Fee               30,000.00
Net After Res Fee                   230,943.93 payable 30days after Res.
10% Payable 47 months at        6,316.62/month

Title Transfer & Misc             237,504.96

80% Bank Financing or Cash Upon Turn Over    2,565,053.57

HURRY AVAIL THE INTRODUCTORY PRICE  NOW!!!

Sample Computation Update as of June 2017

Studio Unit:

  • Floor Area: 24.48sqm
  • Price: 3,130,747.20
  • Transfer of Fees: 250,459.70
  • Total Selling Price: 3,381,206.98
  • Reservation: 30,000.00
20% Down payment 506,149.44 payable in 48 mos. @ 12,479.78/month
Bank Financing Loanable amount 2,504,597.76
  • 3 yrs    @ 78,196.66/month
  • 5yrs    @ 50,784.21/month
  • 10 yrs @ 33,098.44/month
  • 15yrs @ 28,861.60/month
  • 20yrs @ 26,709.77/month

 1 Bedroom Unit:

  • Floor Area: 54.81sqm
  • Price: 8,184,673.85
  • Transfer Fees 654,773.91
  • Total List Price: 8,839,447.76
  • Reservation: 30,000.00
20% Downpayment 1,606,934.77 payable in 48 months @ 33,477.81/month
Bank Financing loanable amount 6,547,739.08
  • 3yrs @ 204,428.03/month
  • 5yrs @ 132,764.54/month
  • 10yrs @ 86,528.85/month
  • 15yrs @ 75,452.52/month
  • 20yrs @ 69,827.03/month

2 – Bedrooms Unit

  • Floor area: 74.01 sqm
  • Price: 11,051,773.61
  • Transfer Fees 884,141.89
  • Total Price: 11,935,91115.50
  • Reservation: 30,000
20% Down payment 2,160,354.72 payable in 48 months @ 45,007.39/month
Bank Financing loanable amount 8,841,418.89
  • 3yrs @ 274,009.09/month
  • 5yrs @ 179,272.10 /month
  • 10yrs @ 116,840.00/month
  • 15yrs @ 101,883.61 /month
  • 20yrs @ 94,287.51/month
 

Amenities

  • Ample Guest Parking
  • Bar and Restaurant
  • Basketball Court
  • Clubhouse
  • Fitness Gym
  • Gate and Perimeter Fence
  • Jogging Trail
  • Landscaped gardens and hardscapes
  • Lobby and reception area
  • Lounge
  • Multipurpose Clubhouse
  • Playground
  • Pool bar
  • Street Lights
  • Swimming pool
  • Wi-fi hotspots in amenity areas

We have a vast range of properties

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