Sofia Tower
Terms of Payment
Web Counter:

  OPTIONS
   
1. CASH PAYMENT
* Reservation fee: Php 20,000
a.) Spot Cash
    * Less 10% on selling price
* 90% of TCP payable within 30 days from date of reservation covered by PDC
* 10% Retention payable upon turn over
b.) Spot Downpayment
* Less 10% on SPOT DP
* At least 30% SPOT DP
     
2. DEFERRED PAYMENT
* Reservation fee: Php 20,000
a.) Deferred Cash
* Less 5% from selling price
* TCP payable in 18 months covered with PDC
b.) Deferred 30% Downpayment
* 30% DP payable in twelve (12) equal monthly payments with 0% INTEREST 30 days from date of reservation
* 70% BALANCE payable thru IN HOUSE, Pag-ibig or Bank Financing.
c.) Deferred 20% Downpayment
OPTION 1
* 10% SPOT DP 30 days from date of reservation; next 10% DP payable in 6 months INTEREST FREE covered by PDC
* 80% BALANCE payable thru IN HOUSE, Pag-ibig or Bank Financing
OPTION 2
* 20 % payable in 12 months 0% interest
* 80% BALANCE payable thru IN HOUSE, Pag-ibig or Bank Financing
     
  PARKING
* Reservation Fee Php 10,000
* Same terms apply
     
  NOTES
* Miscellaneous Fee of Php 30,000 payable to RPRP Ventures Management & Development Corp to be paid upon turn over.
* E-VAT, documentary stamps and registration fees for the ccount of the buyer
* PRICES subject to change without prior notice
     



DOWNLOAD TERMS

PRICELIST
UNITS ‐ 4th to 11th FLOORS
UNIT NO.
AREA (Sq. M.)
SELLING PRICE February 2010
1
46.50
2,391,262.50
2
46.50
2,391,262.50
3
46.50
2,391,262.50
4
46.50
2,391,262.50
5
46.50
2,391,262.50
6
46.50
2,391,262.50
7
47.50
2,442,687.50
8
40.00
2,057,000.00
9
33.00
1,697,025.00
10
33.00
1,697,025.00
11
40.00
2,057,000.00
12
47.50
2,442,687.50
13
46.50
2,391,262.50
14
46.50
2,391,262.50
15
46.50
2,391,262.50
16
46.50
2,391,262.50
17
46.50
2,391,262.50
18
46.50
2,391,262.50
19
47.50
2,442,687.50
20
40.00
2,057,000.00
21
33.00
1,697,025.00
22
33.00
1,697,025.00
23
40.00
2,057,000.00
24
47.50
2,442,687.50
  Parking Space : Php 350,000.00 per slot  

 

Sample Computation of 33 Sqm
 
  Area= 33 Selling Price= Php 1,697,025.00
 
TERMS
 
A. CASH
spacerUNIT PRICE  
1,697,025.00
spacerDISCOUNT 10% ON TCP  
169,702.50
spacerTOTAL CONTRACT PRICE  
1,527,322.50
spacerRETENTION 10%
To be paid upon turn over
152,732.25
spacerTOTAL PAYABLE  
1,374,590.25
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,354,590.25
 
B. SPOT CASH (30% DOWNPAYMENT)
spacerUNIT PRICE  
1,697,025.00
spacerDOWNPAYMENT 30%  
509,107.50
spacerSPOT DP DISCOUNT
Less 10% on DP
50,910.75
spacerDISCOUNTED DP
458,196.75
spacerLESS RESERVATION  
20,000.00
spacerNET DOWNPAYMENT  
438,196.75
spacerTOTAL CONTRACT PRICE  
1,646,114.25
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,187,917.50
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
197,986.25
5
Monthly Amortization
33,657.66
10
Monthly Amortization
23,758.35
 
C. DEFERRED CASH
spacerUNIT PRICE  
1,697,025.00
spacerDISCOUNT 5%  
84,851.25
spacerTOTAL CONTRACT PRICE  
1,612,173.75
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,592,173.75
spacerPayable in 18 months
0 interest
88,454.10
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
spacerTOTAL CONTRACT PRICE
1,697,025.00
spacerDOWNPAYMENT 30%
509,107.50
spacerLESS RESERVATION
20,000.00
spacerNET DOWNPAYMENT
489,107.50
spacerPayable in 12 equal months, 0% interest
40,758.96
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,187,917.50
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
197,986.25
5
Monthly Amortization
33,657.66
10
Monthly Amortization
23,758.35
 
E. DEFERRED 20% DP; 80% BALANCE
spacerTOTAL CONTRACT PRICE
1,697,025.00
spacer20% DOWNPAYMENT
339,405.00
spacerLESS RESERVATION
20,000.00
OPTION 1
spacerNET DOWNPAYMENT
319,405.00
spacer10% SPOT DP
159,702.50
 
spacer10% DP X 6 MOS covered w PDC
26,617.08
 
OPTION 2
spacerNET DOWNPAYMENT
319,405.00
spacerPayable in 12 equal months, 0% interest
26,617.08
spacerBALANCE 80% (AMOUNT TO BE FINANCED)
1,357,620.00
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
226,270.00
5
Monthly Amortization
38,465.90
10
Monthly Amortization
27,152.40
 
NOTE
* Miscelleneous Fee of Php 30,000 payable to RPRP Ventures Management
& Development Corp to be paid upon turn over
* E-VAT, documentary stamps and registration fees for the account of the buyer
* PRICES subject to change without prior notice

 

Sample Computation of 40 Sqm
 
  Area= 40 Selling Price= Php 2,057,000.00
 
TERMS
 
A. CASH
spacerUNIT PRICE  
2,057,000.00
spacerDISCOUNT 10% ON TCP  
205,700.00
spacerTOTAL CONTRACT PRICE  
1,851,300.00
spacerRETENTION 10%
To be paid upon turn over
185,130.00
spacerTOTAL PAYABLE  
1,666,170.00
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,646,170.00
 
B. SPOT CASH ( 30% DOWNPAYMENT)
spacerUNIT PRICE  
2,057,000.00
spacerDOWNPAYMENT 30%  
617,100.00
spacerSPOT DP DISCOUNT
Less 10% on DP
61,710.00
spacerDISCOUNTED DP
555,390.00
spacerLESS RESERVATION  
20,000.00
spacerNET DOWNPAYMENT  
535,390.00
spacerTOTAL CONTRACT PRICE
1,995,290.00
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,439,900.00
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
239,983.33
5
Monthly Amortization
40,797.17
10
Monthly Amortization
28,798.00
 
C. DEFERRED CASH
spacerUNIT PRICE  
2,057,000.00
spacerDISCOUNT 5%  
102,850.00
spacerTOTAL CONTRACT PRICE  
1,954,150.00
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,934,150.00
spacerPayable in 18 months
0 interest
107,452.78
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
TOTAL CONTRACT PRICE
2,057,000.00
DOWNPAYMENT 30%
617,100.00
LESS RESERVATION
20,000.00
NET DOWNPAYMENT
597,100.00
Payable in 12 equal months, 0% interest
49,758.33
BALANCE 70% (AMOUNT TO BE FINANCED)
1,439,900.00
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
239,983.33
5
Monthly Amortization
40,797.17
10
Monthly Amortization
28,798.00
 
E. DEFERRED 20% DP; 80% BALANCE
TOTAL CONTRACT PRICE
2,057,000.00
20% DOWNPAYMENT
411,400.00
LESS RESERVATION
20,000.00
OPTION 1
NET DOWNPAYMENT  
391,400.00
10% SPOT DP
195,700.00
 
10% DP X 6 MOS covered w PDC
32,616.67
 
OPTION 2
NET DOWNPAYMENT
391,400.00
Payable in 12 equal months, 0% interest
32,616.67
BALANCE 80% (AMOUNT TO BE FINANCED)
1,645,600.00
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
274,266.67
5
Monthly Amortization
46,625.33
10
Monthly Amortization
32,912.00
 
NOTE
* Miscelleneous Fee of Php 30,000 payable to RPRP Ventures Management
& Development Corp to be paid upon turn over
* E-VAT, documentary stamps and registration fees for the account of the buyer
* PRICES subject to change without prior notice

 

Sample Computation of 46.5 Sqm
 
  Area= 46.5 Selling Price= Php 2,391,262.50
 
TERMS
 
A. CASH
spacerUNIT PRICE  
2,391,262.50
spacerDISCOUNT 10% ON TCP  
239,126.25
spacerTOTAL CONTRACT PRICE  
2,152,136.25
spacerRETENTION 10%
To be paid upon turn over
215,213.63
spacerTOTAL PAYABLE  
1,936,922.63
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,916,922.63
 
B. SPOT CASH (30% DOWNPAYMENT)
spacerUNIT PRICE  
2,391,262.50
spacerDOWNPAYMENT 30%  
717,378.75
spacerSPOT DP DISCOUNT
Less 10% on DP
71,737.88
spacerDISCOUNTED DP
645,640.88
spacerLESS RESERVATION  
20,000.00
spacerNET DOWNPAYMENT  
625,640.88
spacerTOTAL CONTRACT PRICE
2,319,524.63
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,673,883.75
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
278,980.63
5
Monthly Amortization
47,426.71
10
Monthly Amortization
33,477.68
 
C. DEFERRED CASH
spacerUNIT PRICE  
2,391,262.50
spacerDISCOUNT 5%  
119,563.13
spacerTOTAL CONTRACT PRICE  
2,271,699.38
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
2,251,699.38
spacerPayable in 18 months
0 interest
125,094.41
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
spacerTOTAL CONTRACT PRICE
2,391,262.50
spacerDOWNPAYMENT 30%
717,378.75
spacerLESS RESERVATION
20,000.00
spacerNET DOWNPAYMENT
697,378.75
spacerPayable in 12 equal months, 0% interest
58,114.90
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,673,883.75
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
278,980.63
5
Monthly Amortization
47,426.71
10
Monthly Amortization
33,477.68
 
E. DEFERRED 20% DP; 80% BALANCE
spacerTOTAL CONTRACT PRICE
2,391,262.50
spacer20% DOWNPAYMENT
478,252.50
spacerLESS RESERVATION
20,000.00
OPTION 1
spacerNET DOWNPAYMENT  
458,252.50
spacer10% SPOT DP
229,126.25
 
spacer10% DP X 6 MOS covered w PDC
38,187.71
 
OPTION 2
spacerNET DOWNPAYMENT
458,252.50
spacerPayable in 12 equal months, 0% interest
38,187.71
spacerBALANCE 80% (AMOUNT TO BE FINANCED)
1,913,010.00
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
318,835.00
5
Monthly Amortization
54,201.95
10
Monthly Amortization
38,260.20
 
NOTE
* Miscelleneous Fee of Php 30,000 payable to RPRP Ventures Management
& Development Corp to be paid upon turn over
* E-VAT, documentary stamps and registration fees for the account of the buyer
* PRICES subject to change without prior notice

 

Sample Computation of 47.5 Sqm
 
  Area= 47.5 Selling Price= Php 2,442,687.50
 
TERMS
 
A. CASH
spacerUNIT PRICE  
2,442,687.50
spacerDISCOUNT 10% ON TCP  
244,268.75
spacerTOTAL CONTRACT PRICE  
2,198,418.75
spacerRETENTION 10%
To be paid upon turn over
219,841.88
spacerTOTAL PAYABLE  
1,978,576.88
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,958,576.88
 
B. SPOT CASH (30% DOWNPAYMENT)
spacerUNIT PRICE  
2,442,687.50
spacerDOWNPAYMENT 30%  
732,806.25
spacerSPOT DP DISCOUNT
Less 10% on DP
73,280.63
spacerDISCOUNTED DP
659,525.63
spacerLESS RESERVATION  
20,000.00
spacerNET DOWNPAYMENT  
639,525.63
spacerTOTAL CONTRACT PRICE
2,369,406.88
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,709,881.25
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
284,980.21
5
Monthly Amortization
48,446.64
10
Monthly Amortization
34,197.63
 
C. DEFERRED CASH
spacerUNIT PRICE  
2,442,687.50
spacerDISCOUNT 5%  
122,134.38
spacerTOTAL CONTRACT PRICE  
2,320,553.13
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
2,300,553.13
spacerPayable in 18 months
0 interest
127,808.51
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
spacerTOTAL CONTRACT PRICE
2,442,687.50
spacerDOWNPAYMENT 30%
732,806.25
spacerLESS RESERVATION
20,000.00
spacerNET DOWNPAYMENT
712,806.25
spacerPayable in 12 equal months, 0% interest
59,400.52
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,709,881.25
                                          IN HOUSE FINANCING (14% / ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
284,980.21
5
Monthly Amortization
48,446.64
10
Monthly Amortization
34,197.63
 
E. DEFERRED 20% DP; 80% BALANCE
spacerTOTAL CONTRACT PRICE
2,442,687.50
spacer20% DOWNPAYMENT
488,537.50
spacerLESS RESERVATION
20,000.00
OPTION 1
spacerNET DOWNPAYMENT  
468,537.50
spacer10% SPOT DP
234,268.75
 
spacer10% DP X 6 MOS covered w PDC
39,044.79
 
OPTION 2
spacerNET DOWNPAYMENT
468,537.50
spacerPayable in 12 equal months, 0% interest
39,044.79
spacerBALANCE 80% (AMOUNT TO BE FINANCED)
1,954,150.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
325,691.67
5
Monthly Amortization
55,367.58
10
Monthly Amortization
39,083.00
 
NOTE
* Miscelleneous Fee of Php 30,000 payable to RPRP Ventures Management
& Development Corp to be paid upon turn over
* E-VAT, documentary stamps and registration fees for the account of the buyer
* PRICES subject to change without prior notice