Midpoint Residences Condominium

We say, MAPS DON’T LIE. Our coordinates put you in Ines Ouano Road, A.S. Fortuna Street, Banilad, Mandaue City, one of Cebu’s premier addresses

The MIDPOINT Residences brings you close to the business and leisure locales, north and south of Cebu City, putting you in the way of golden opportunities, allowing you to optimize your time and choices, giving you the freedom to be where you want to be when you want to be.

Above and Beyond

We have tirelessly combined heart and mind in our design concepts, financing arrangements and specialized services so that on top of our quality living spaces, you get a total satisfying and delightful experience.

Fitting Reward

We understand your challenges, we understand your aspirations. So we have put your security and ease of living at the core of our business. We understand that at this point, your best proposition is to elevate your sights and expand your horizon as a fitting reward for your hard work

The MIDPOINT Residences is a two-tower high-rise residential condominium complex aptly located in Banilad, Mandaue City – the actual midpoint between Cebu City’s business and leisure destinations and also one of Metro Cebu’s premier addresses. It is the first 28-story residential condominium soon to rise in this area.

The MIDPOINT Residences is another quality development of Pacific Land Ventures & Property Development, Inc.

UNIT FEATURES

• Window-type airconditioning units provided for the living area and bedrooms
• Melamine board kitchen cabinets with stainless steel sink and granite countertop
• Melamine board bedroom closets
• Fiber-to-the-home (FTTH) broadband provisions for telephne and CATV exclusively provided by PLDT
• Electrical provisions for portable water heater at the shower area
• Bathroom fixtures and accessories
• Exhaust fan installed in toilet and bath
• Electrical provision for filter-type range hood
• Non-LPG, purely electrical provision for cooking
• Fire alarm and smoke detector in each unit
• Painted cement walls, dry wall partitions, and ceilings
• Tiled main flooring
• Ceramic floor and wall tiles for the toilet and  bath

We are delighted to inform you that we are extending our equity downpayment term for our Tower 1 units for as long as 30 months or until September 2017 at 0% interest with equity payments of as low as Php11,330.91 per month. Units will be turned-over after the 30-month equity period or not later than November 2017. For units with equity downpayment terms until May 2017, turnover will start in July 2017. With our well-developed financing structures, your clients are assured that they will see their investments through.

I am attaching herein the Updated Price Lists for the available units at The MIDPOINT Residences with BPI and PAG-IBIG Financing Schemes. We are pleased to inform you that your clients can now avail of PAG-IBIG financing with loanable amounts equivalent to 90% of the Total Contract Price for selected units. Thru PAG-IBIG financing, clients can now pay their equity downpayment of as low as 10% of the Total Contract Price for a maximum of 28 months at 0% interest or for as low as Php5,984.56 per month.

We are also bringing back our EXTENDED EQUITY TERM PROMO UP TO 24 MONTHS for our remaining Tower 1 units or FOR AS LOW AS PHP 12,735 PER MONTH. This is in addition to our ongoing promo of LOWER RESERVATION FEE OF PHP 10,000 ONLY.

 Equity downpayment for our Tower 2 units can also be paid in 41 MONTHLY INSTALLMENTS WITHOUT INTEREST or FOR AS LOW AS PHP 8,052 PER MONTH.

 For your further reference, we are attaching herein the Updated Price lists for Towers 1 and 2 reflecting LBP (Landbank) and Pag-IBIG Financing Schemes, effective June 15, 2018.

 Offer your clients convenience, value for money, and more. Our standard unit features already include air-conditioning units, kitchen cabinets, bedroom closets, complete toilet and bath fixtures, painted walls and partitions, and many more!

 STUDIO FLOOR PLAN

STUDIO FLOOR PLAN

Studio Unit

Studio Unit Details

Floor Area:    17.33 sq. meter ( East View )
Total Selling Price:    
Total Contract Price:  
20% Equity Down payment   =   
Reservation fee:     20,000.00
Monthly Amortization in 32 months  =  

80% Balance   =  

MONTHLY AMORTIZATION ( BPI RATES )

5 years (10.25% p. a. )   =   

TRANSFER CHARGES  =  42,636.39

One Bedroom Unit

One Bedroom Unit Details

Floor Areas:    24.80 sq. meter ( East View )
Total Selling Price:
Total Contract Price:
20% Equity Down payment   =
Reservation Fee:   20,000.00
Monthly Amortization ( 32 mos )  =  

80% Balance   =  

MONTHLY AMORTIZATION BPI RATES:

5 years ( 10.25% p.a. )  =  
10 years( 11% p.a. )        =  
15 years( 11.25% p.a.)   =   

TRANSFER CHARGES  = 

1- Bedroom Unit Floor Plan

2-Bedroom Unit

2- Bedroom Unit Details

Floor Area:    36.40 sq. meter ( West View )
Total Selling Price:
Total Contract Price:
20% Equity Down payment  =
Reservation Fee:   20,000.00

MONTHLY AMORTIZATION ( 32mos. )  =  

80% Balance  =  

MONTHLY AMORTIZATION BPI RATES

5 years ( 10.25% p.a. )  =  
10 years( 11% p. a. )       =   
15 years ( 11.25% p. a. )= 

TRANSFER CHARGES  = 

2-Bedroom Unit Floor Plan

PRICE LIST AS OF MARCH 2023

Remaining available units for sale are:
One-Bedroom (approx. 25sqm.)
One-Bedroom (approx. 33sqm.)
Two-Bedroom (approx. 36sqm.)
Two-Bedroom (approx. 48sqm.)

Early move-in may be scheduled as early as 2 months after full payment of equity downpayment and compliance of pre-turnover requirements including releasing of loan proceeds from BPI/ Pag-IBIG covering the Balance of the Total Contract Price, as applicable.

PRICE LIST AS OF FEBRUARY 28, 2023
Unit No. :  TI-1507 & TI -1807
Unit Type :  2-Bedroom
Floor Area :  36.70 sq. m.
View :  West View
Total Selling Price :  4,673,600.00
Total Contract Price (with VAT, as applicable ) :  5,234,432.00

MINIMUM EQUITY DOWNPAYMENT :
EDP Amount @ 8.00% :  418,754.56
Reservation Fee :  20,000.00
6 mos. to pay :  66,459.09
12 mos. to pay :  33,229.55

Balance for Pag-ibig  Financing :  4,815,677.44

PAG-IBIG ESTIMATED AMORTIZATION @ 6.375% p.a. for 3 years fixing
20 years to pay :  35,550.89
25 years to pay :  32,140.66
30 years to pay :  30,043.56

TRANSFER CHARGES :  327,152.00

PRICE LIST AS OF FEBRUARY 28, 2023
Unit No. :  TI-1902 & TI -1807
Unit Type :  2-Bedroom
Floor Area :  48.01 sq. m.
View :  East  View
Total Selling Price :  6,109,970.00
Total Contract Price (with VAT, as applicable ) :  6,843,186.40

MINIMUM EQUITY DOWNPAYMENT :
EDP Amount @ 12.32 % :  843,166.40
Reservation Fee :  20,000.00
6 mos. to pay :  137,194.40
12 mos. to pay :  68,597.20

Balance for Pag-ibig  Financing :  6,000,000.00

PAG-IBIG ESTIMATED AMORTIZATION @ 6.375% p.a. for 3 years fixing
20 years to pay :  44,293.94
25 years to pay :  40,045.03
30 years to pay :  37,432.19

TRANSFER CHARGES :  427,697.90

PRICE LIST AS OF FEBRUARY 28, 2023
Unit No. :  T2- 514
Unit Type :  1-Bedroom
Floor Area :  36.05 sq. m.
View :  East  View
Total Selling Price :  4,309,500.00
Total Contract Price (with VAT, as applicable ) :  4,826,640.00

MINIMUM EQUITY DOWNPAYMENT :
EDP Amount @ 9.94 % :  479,640.00
Reservation Fee :  20,000.00
6 mos. to pay :  76,606.63
12 mos. to pay :  38,303.33

Balance for Pag-ibig  Financing :  4,347,000.00

PAG-IBIG ESTIMATED AMORTIZATION @ 6.375% p.a. for 3 years fixing
20 years to pay :  32,090.00
25 years to pay :  29,012.63
30 years to pay :  27,119.62

TRANSFER CHARGES :  301,665.00

PRICE LIST AS OF FEBRUARY 28, 2023
Unit No. :  T2- 1607
Unit Type :  1-Bedroom
Floor Area :  25.77 sq. m.
View :  West  View
Total Selling Price :  3,311,360.00
Total Contract Price (with VAT, as applicable ) :  3,708,723.20

MINIMUM EQUITY DOWNPAYMENT :
EDP Amount @ 8.54 % :  316,723.20
Reservation Fee :  20,000.00
6 mos. to pay :  49,452.87
12 mos. to pay :  24,726.93

Balance for Pag-ibig  Financing :  3,392,000.00

PAG-IBIG ESTIMATED AMORTIZATION @ 6.375% p.a. for 3 years fixing
20 years to pay :  25,040.84
25 years to pay :  22,638.79
30 years to pay :  21,161.67

TRANSFER CHARGES :  231,795.20

SAMPLE COMPUTATION FOR TOWER 2
ONE-BEDROOM UNIT  – PAGF-IBIG FINANCING :
Floor Nu. :  Tower 2
Floor :  5th
Unit :  511
Unit Type :  One-Bedroom
Approx. Floor Area :  25.60 sq. m.

PAG-IBIG FINANCING :
Total Selling Price :  3,289,600.00
VAT :  394,752.00
Total Contract Price :  3,664,352.00

EQUITY DOWN PAYMENT :  317,352.00
Less:  Reservation Fee :  20,000.00
Net Equity Payment Due :  297,352.00

EQUITY PAYMENT OPTION 1 :  6 mos. @ 0% interest ( March 2023 to August 202 :  49,558.67 with 6 Postdated Checks )
EQUITY OPTION 2 :  12  mos. @ 0% interest ( March 2023 to February 2024 :  24,779.33 with 12 Postdated Checks )

BALANCE OF THE TOTAL CONTRACT PRICE :
FINANCING TERMS THRU PAG-IBIG :
Estimated Monthly Amortization:
20 years to pay ( at 3 years int. fixing @ 6.375% interest p.a. :  24,856.28 )
25 years  to pay at 3 years int. fixing @ 6.375% interest p.a. :  22,471.94 )
39 years  to pay at 3 years int. fixing @ 6.375% interest p.a. :  21,005.70 )

TRANSFER CHARGES ( Cash on or before turnover :  230,272.00 )

SAMPLE COMPUTATION FOR TOWER 1
TWO -BEDROOM UNIT  ( RFO ) – PAGF-IBIG FINANCING :
Floor Nu. :  Tower 1
Floor :  20th
Unit :  2007
Unit Type :  Two -Bedroom
Approx. Floor Area :  36.70 sq. m.

PAG-IBIG FINANCING :
Total Selling Price :  4,673,600.00
VAT :  560,832.00
Total Contract Price :  5,234,432.00

EQUITY DOWN PAYMENT :  418,754.56
Less:  Reservation Fee :  20,000.00
Net Equity Payment Due :  398,754.56

EQUITY PAYMENT OPTION 1 :  6 mos. @ 0% interest ( March 2023 to August 202 :  66,459.09 with 6 Postdated Checks )
EQUITY OPTION 2 :  12  mos. @ 0% interest ( March 2023 to February 2024 :  33,229.55 with 12 Postdated Checks )

BALANCE OF THE TOTAL CONTRACT PRICE ( Due on or before Turnover 92%: 4,815,677.44 ) Thru Pag-ibig loan, Subject to Pag-ibig Approval ( Pag-ibig NOA is due 3 months before turnover )

FINANCING TERMS THRU PAG-IBIG :
Estimated Monthly Amortization:
20 years to pay ( at 3 years int. fixing @ 6.375% interest p.a. :  36,550.89 )
25 years  to pay at 3 years int. fixing @ 6.375% interest p.a. :  32,140.66 )
39 years  to pay at 3 years int. fixing @ 6.375% interest p.a. :  30,043.56 )

TRANSFER CHARGES ( Cash on or before turnover :  327,152.00 )

More Photos

AMENITIES

• Chapel
• Access to PLV Sports Club with swimming pool, fitness gym and basketball court
• Landscaped garden with parks and playground
• Individual mailboxes
• High-speed elevators
• Centralized garbage collection area with segregated garbage chutes
• Main lobby and reception area
• Commercial spaces at the ground floor
• Fire alarm and sprinkler system
• Multi-level podium and basement parking
• Standby Generator

HLURB – LICENSE TO SELL NO. 27207

For more info & for site viewing:
Pls. Contact:

CAROL N. CALIBO
Investment Manager
MauRealty & Brokerage
HLURB-CVRFO-A-11/17-0415

email ad:   carol_calibo16@yahoo.com
gmail:         carolina.calibo16@gmail.com

Tel:              (032) 516-5441 /(032) 427-7611
Sun:            +63 9255003410 / +639329691358
Globe:        +639176207235

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