SM WIND RESIDENCES, Tagaytay, Cavite (by SM Development Corp.)

Project: SM Wind Residences,

Developer: SMDC

Location: Tagaytay City, Cavite

Whole Development: 10 Towers, 20 storey each (LA: 15.5 hectares)

Phase1 : 5 Towers including amenities
702 units per tower
30 months per Tower (construction timetable)

Tower 2 - 1st to be open for sale
- Second Quarter of 2010 start of construction
- Fully-furnished 1BR with split-type AC
- single loaded corridors
- 3 elevators
- only units on the second floor facing Taal have balconies
- units from 5F and up have clear view of Taal

Types of units:
Type 1 - 31.97sqm (facing Taal)
Type 2 - 26.62sqm (facing Amadeo and amenities)
Tentative approximate price:
Facing Taal - Php. 115,000/sqm
Facing Cavite/Amenities - Php. 98,000/sqm

LOCATION:

SITE DEVELOPMENT PLAN

It is located along the city’s major thoroughfare, Emilio Aguinaldo Highway in Barangay Maharlika, West Tagaytay City.

Development Features

15.5 Hectares (154,509 m2) (Whole Master Plan)
(7 hectares allocated to open space, garden, clubhouse and recreational facilities)
Consisting of 9 Towers
Each Tower 20-Story High with Commercial Space @ Upper Ground Floor and Parking @ Lower Ground Floor
36 Units per Floor

PHASE 1 = 5 TOWERS INCLUDING AMENITIES
702 units per Tower
30 months per Tower construction duration
84 parking slots lower ground floor
24 / 7 security

Amenities
• Recreational Area
• Garden / Lawn
• Playground Area
• Swimming Pool with Shower Rooms
• Jogging Path
• Basketball Court
• Clubhouse
• Function Room

Building Features
Number of Towers: 5 (Phase 1)
Number of Floors per Tower: 20
Number of Units per Floor: 36
Total Development: 9 Towers
Each tower will offer approximately 702 units for sale.

Unit Types Available:

Unit Type1 (Units Facing Taal)
31.97 Sqm
Price Range Php 3.6-4M

Unit Type2 (Units Facing Silang)
26.62 Sqm
Price Range Php 2.4-2.9M


Studio (Units Facing Amadeo/Palace in the Sky)
20.32/20.64 Sqm
Price Range Php 1.6-2.3M


UNITS ARE FULLY FURNISHED!!!

Actual Finishes
Residential Package includes:
Bed
Bed Closet
Dining Set
Kitchen with granite countertop
Kitchen Cabinets
Countertop Mounted Stove
Range Hood
Flat Screen TV
Split Type Air Conditioning Unit
Refrigerator

PAYMENT TERMS
SM Wind Residences offers one of the most flexible terms in the market

Sample Computation:
Unit Type 1
28.20sqm
List Price - P 1,902,000
5.5% Other Charges - P 104,610
Total Contract Price - P 2,006,610

20% Downpayment - P 401,322 (payable up to 30 months)
Reservation Fee: P 25,000
30-month downpayment: P 18,816.10/month

80% Balance - P 1,605,288
Bank Financing:
5yrs - P 34,497/month
10yrs - P 21,655/month
15yrs - P 17,738/month

Pag-IBIG Financing:
20yrs - P 16,026/month
25yrs - P 15,256/month
30yrs - P 14,684/month


PAYMENT SCHEMES
A. Spot Cash Payment
Maximum Discount -12% on TCP

B. Spot Down Payment (Minimum 10%),
Balance over 30 Months @ 0% INTEREST
Maximum Discount -10% on Spot DP Amount

C. 20% Spot Down Payment,
80% Balance over 36 Months
Maximum Discount - 5% on DP Amount

D. 20% Down Payment Payable over 4 Months,
10% Down Payment Over 28 Months,
70% Balance for In-House or Bank Financing.
Maximum Discount - 2% on DP Amount

E. 10% Spot Down Payment,
10% Down Payment Over 24 Months,
80% Balance for In-House or Bank Financing.
Maximum Discount - 4% on DP Amount

F. 10% Down Payment Payable over 3 Months,
15% Down Payment Over 24 Months,
75% Balance for In-House or Bank Financing.
Maximum Discount - 2% on DP Amount

G. 20% Down Payment Payable over 30 months without interest,
80% Balance can be paid through In-House or Bank Financing.