
The Padgett Place
Bringing the Gardens to this high-rise
The Padgett Place, a Luxurious Condominium in a quiet enclave in Lahug, Cebu City.
Over 165 units, spread over 22 floors, including 4 Garden Villas and 16 Garden Suites.
Breathtaking views of the Mountains, Sea and the City.
Walking distance to the University of the Philippines, the Visayas Cebu College, Churches, Hospitals, Malls, the Business District and other Lifestyle Centers.
Residents will be able to enjoy amenities like a lap pool, children s pool, jogging paths, landscaped gardens, indoor & outdoor clubhouses, gym, coffee shop and grand lobby.
Your ideal home in the City.
Choose from 1-Bedroom, 2-Bedroom (Standard or Deluxe units), 3-Bedroom Garden Suites or Bi-Level Garden Villas.
The company’s flagship development is Padgett Place Condominium. Located at the heart of the Lahug area, right beside the campus of the University of the Philippines Cebu College, The Padgett Place is projected to be a vast improvement over what the area was known as previously – Padgett Compound: a group of well constructed residential homes of early 20th century American architecture for tropical locations, as they were built by American residents in Cebu in the early part of the 1900’s.
Location :
Address : Molave St. Lahug, Cebu City
Landmarks :
* 20 meters walk to UP – College Cebu
* 10 minutes walk to Ayala Mall and Cebu Business Park
* 15 minutes drive to Cebu I.T. Park
* 5 minutes drive to Paref Springdale School
* 10 minutes drive to nearest Hospital
1- Bedroom Unit Details
Unit Type : 2-Bedroom
Floor No. 17th Floor
Unit No. 1701
Floor Area : 79 sq. m.
Unit Selling Price ( with VAT = 11,375,270.78)
Furnishing + Installations : Fully Furnished Unit
Unit Selling Price : ( with VAT and Furnishing : 12,265,270.78 )
Miscellaneous Fees ( 5% ) : 507,824.59
Total Contract Price : 12,773,095.37
Unit Type : 2-Bedroom
Floor No. 21st Floor
Unit No. 2101 & 2104
Floor Area : 79 sq. m.
Unit Selling Price ( with VAT = 11,467,555.03 )
Furnishing + Installations : Aircon, TV, Refrigerator, Cooktop, Wardrobe
Unit Selling Price : ( with VAT and Furnishing : 11,809,985.03 )
Miscellaneous Fees ( 5% ) : 511,944.42
Total Contract Price : 12,321,929.45
Unit Type : 2-Bedroom Deluxe
Floor No. 16th, 17th, 18th Floor
Unit No. 1602, 1607, 1702, 1802
Floor Area : 89 sq. m.
Unit Selling Price ( with VAT = 12,773,406.33 )
Furnishing + Installations : No Furnishings included
Unit Selling Price :
Miscellaneous Fees ( 5% ) :570,241.35
Total Contract Price : 13,343,647.68
Unit Type : 2-Bedroom Deluxe
Floor No. 20th Floor
Unit No. 2002
Floor Area : 89 sq. m.
Unit Selling Price ( with VAT = 12,877,372.12 )
Furnishing + Installations : No Furnishings included
Unit Selling Price :
Miscellaneous Fees ( 5% ) :574,882.68
Total Contract Price : 13,452,254.81
Unit Type : 2-Bedroom Deluxe
Floor No. 21st Floor
Unit No. 2102, 2107
Floor Area : 89 sq. m.
Unit Selling Price ( with VAT = 12,877,372.12 )
Furnishing + Installations : No Furnishings included
Unit Selling Price :
Miscellaneous Fees ( 5% ) :574,882.68
Total Contract Price : 13,452,254.81
Unit Type : Two (2) Bedroom Garden Suite
Floor No. 22nd , 23rd, 24th Floor
Unit No. 22B, 23B, 23E, 24B, 24E
Floor Area : 89 sq. m.
Unit Selling Price ( with VAT = 13,423,192.56 )
Furnishing + Installations : No Furnishings included
Unit Selling Price :
Miscellaneous Fees ( 5% ) :599,249.67
Total Contract Price : 14,022,442.22
Unit Type : Two (2) Bedroom Garden Suite Deluxe
Floor No : 23rd Floor
Unit No. 23A
Floor Area : 111 sq. m.
Unit Selling Price ( with VAT = 16,659,712.07 )
Furnishing + Installations : No Furnishings included
Unit Selling Price :
Miscellaneous Fees ( 5% ) :743,737.15
Total Contract Price : 17,403,449.21
Unit Type : Three (3) Bedroom Garden Suite
Floor No : 25th Floor
Unit No. 25B
Floor Area : 155 sq. m.
Unit Selling Price ( with VAT = 24,547,313.80 )
Furnishing + Installations : No Furnishings included
Unit Selling Price :
Miscellaneous Fees ( 5% ) :1,095,862.22
Total Contract Price : 25,643,176.03
Unit Type : Garden Villa ( 3 Bedroom, Inclusive of Pool & Garden )
Floor No :
Unit No. G 1
Floor Area : 331 sq. m.
Unit Selling Price ( with VAT = 50,192,010,00 )
Furnishing + Installations : No Furnishings included
Unit Selling Price :
Miscellaneous Fees ( 5% ) : 2,240,714.73
Total Contract Price : 52,432,724.73
SAMPLE COMPUTATION:
Unit Location & Description
Floor No. 8th Floor
Unit NO. 801
Unit type : Two Bedroom
Floor Are : 79 sq. m.
UNIT DETAILS :
* Two Bedrooms
* Living Area
* Dining Area
* Kitchen Area
* Toilet and Bath
DELIVERABLES:
* Toilet and Bath Lavatories & Associates
* Kitchen Counter and Cabinets
* Unit Intercom ( Annunciator )
* Ducted Range Hood
PACKAGE COST
Unit Selling Price ( No Vat ) : 10,001,998.00
Add: 12% Vat : 1,200,239.82
Unit Selling Price with Vat : 11,2002,238.30
Add: Unit Furnishings : 890,000.00
5% Transfer Charges and Misc. Fees : 500,099.92
TOTAL AMOUNT OF PACKAGE AND OTHER CHARGES:
Terms of Payment:
Payment Scheme : Rent to Own ( 2 Months Advance, 2 Months Deposit )
20% Equity Payable in 36 Months, 80% Balance Payable through Bank Financing
Reservation Fee : 50,000.00
20% Equity, Payable in 36 Months at 60, 845.77.oo / month : 2,190,447.66
Total Equity Payable in 36 Months : 2,240,447.66
Additional Unit Furnishings and Other Charges :
Unit Furnishings : 890,000.00
5% Transfer charges & Misc. Fees : 500,099.92
Total Additional Charges Payable in 36 Months at = 38,613.89 / month: 1,390,099.92
Buyer may opt to pay through installment or pay on the 36 Month
80% Balance Through Bank Financing on the 37th Month : 8,961,790.64
Total Contract Price : 12,592,338.22
REQUIREMENTS :
Required Rent-To-Own Payment
2 Months Advance : 121,691.54
2 Months Deposit : 121,691.54
Complete PDC’s for the remaining 32 months Upon Turn-over of Unit
2 Gov’t Issued IDs
SUMMARY
Two (2) Bedroom ( 79 sq. m. ) 11- Units
Two (2) Bedroom Deluxe ( 89 sq. m. ) 7 – Units
Two (2) Bedroom Garden Suite ( 89 sq. m. ) 5 – Units
Two (2) Bedroom Garden Suite Deluxe ( 111 sq. m. ) 1- Units
Three (3) Bedroom Garden Suite ( 155 sq. m. ) 1- Units
Garden Villas : 4 – Units
Photos
FLOOR PLAN
Unit Area: 89 sq. m
Unit Price (inclusive of VAT) P 10,266,032.00
Other Charges: 3.9% – P 357,478.00
Reservation Fee: P 50,000
Payment Options: (Unit 2102)
A. Spot Cash with 10% Discount – P 9,189,429.00
B. Stretched DP:
Spot 20% DP with 8% Discount – P 1,838,950.00
8% DP for 12 months at P 68,440.00/mo.
72% Balance – Bank Financing for 20 years – P 59,546.00/mo.
C. LandBank Financing:
10% Monthly for 12 months – P 81,384.00/mo.
90% Balance – Bank Financing (7.5% int, 20 years) P 74,432.00/mo.
Two Bedroom Garden Suite Delux
Unit Area: 111 sq. m.
Unit Price including VAT – P 13,360,674.00
Other Charges – 3.9% = P 465,238.00
Reservation Fee: P 100,000.00
Unit: 24F
UPDATED PRICE LIST AS OF SEPT. 24, 2022
PARKING SPACE INVENTORY AS OF JAN. 2024
AMENITIES:
* 24 – hour Security with CCTV
* 100% Back – up Power Generator
* Driveway & Porte Cochere
* Gated Entrance & Perimeter Fence
* Fitness Gyn
* Raintree Deck
* Business Lounge
* Landscaped Garden
* Concierge, Lobby & Reception Area
* Swimming Pool & Kiddie Pool
* Coffee Shop
FACILITIES / Features
* 8,000 PSI Strength of Concrete Foundation
* 2 – 10 units per floor
* 3 – elevators ( 2 passenger and 1 service )
* 2 – meters wide hallway
* High Ceiling ( Floor to Ceiling : 3.05 Meters )
* Fire – rated door
* Reflected tempered glass
* Addressable fire alarm w/ sprinkle system
* Intercom : Anunciator with AV monitoring in each unit
* Provision for Washing Machine
* Provision for internet, Telephone & Cable TV
* Awning Type operable windows
* Garbage room per floor
* Sewer System
* Overhead Water Tank
* Wifi on selected common areas
Floor Plan
Photos
HLURB – LICENSE TO SELL NO. 21892
For more info & for site viewing:
Pls. Contact:
CAROL N. CALIBO
Investment Manager
MauRealty & Brokerage
HLURB-CVRFO-A-11/17-0514
email ad: carol_calibo16@yahoo.com
gmail: carolina.calibo16@gmail.com
Tel: (032) 516-5441 /
(032) 427-7611
Sun: +63 9255003410 / +639329691358
Globe: +639176207235