Sofia Tower
Terms of Payment
Web Counter:

  OPTIONS
   
1. CASH PAYMENT
* Reservation fee: Php 20,000
a.) Spot Cash
* 90% of TCP payable within 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
* Reseravation 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
* 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 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
2,173,875.00
2
46.50
2,173,875.00
3
46.50
2,173,875.00
4
46.50
2,173,875.00
5
46.50
2,173,875.00
6
46.50
2,173,875.00
7
47.50
2,220,625.00
8
40.00
1,870,000.00
9
33.00
1,542,750.00
10
33.00
1,542,750.00
11
40.00
1,870,000.00
12
47.50
2,220,625.00
13
46.50
2,173,875.00
14
46.50
2,173,875.00
15
46.50
2,173,875.00
16
46.50
2,173,875.00
17
46.50
2,173,875.00
18
46.50
2,173,875.00
19
47.50
2,220,625.00
20
40.00
1,870,000.00
21
33.00
1,542,750.00
22
33.00
1,542,750.00
23
40.00
1,870,000.00
24
47.50
2,220,625.00
  Parking Space : P350,000.00 per slot  

 

Sample Computation of 33 Sqm
 
  Area= 33 Selling Price= Php 1,542,750.00
 
TERMS
 
A. CASH
spacerUNIT PRICE  
1,542,750.00
spacerDISCOUNT 10% ON TCP  
154,275.00
spacerTOTAL CONTRACT PRICE  
1,388,475.00
spacerRETENTION 10%
To be paid upon turn over
138,847.50
spacerTOTAL PAYABLE  
1,249,627.50
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,229,627.50
 
B. SPOT CASH ( 30% DOWNPAYMENT)
spacerUNIT PRICE  
1,542,750.00
spacerDOWNPAYMENT 30%  
462,825.00
spacerSPOT DP DISCOUNT
Less 10% on DP
46,282.50
spacerDISCOUNTED DP
416,542.50
spacerLESS RESERVATION  
20,000
spacerNET DOWNPAYMENT  
396,542.50
spacerTOTAL CONTRACT PRICE  
1,496,467.50
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,079,925.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
179,987.50
5
Monthly Amortization
30,597.88
10
Monthly Amortization
21,598.50
 
C. DEFERRED CASH
spacerUNIT PRICE  
1,542,750.00
spacerDISCOUNT 5%  
77,137.50
spacerTOTAL CONTRACT PRICE  
1,465,612.50
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,445,612.50
spacerPayable in 18 months
0 interest
80,311.81
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
TOTAL CONTRACT PRICE
1,542,750.00
DOWNPAYMENT 30%
462,825.00
LESS RESERVATION
20,000.00
NET DOWNPAYMENT
442,825.00
Payable in 12 equal months, 0% interest  
36,902.08
BALANCE 70% (AMOUNT TO BE FINANCED)  
1,079,925.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
179,987.50
5
Monthly Amortization
30,597.88
10
Monthly Amortization
21,598.50
 
E. DEFERRED 20%DP; 80% BALANCE
TOTAL CONTRACT PRICE  
1,542,750.00
20% DOWNPAYMENT  
308,550.00
LESS RESERVATION  
20,000.00
OPTION 1
NET DOWNPAYMENT  
288,550.00
10% SPOT DP
144.275.00
 
10% DP X 6 MOS covered w PDC
24,045.83
 
OPTION 2
NET DOWNPAYMENT  
288,550.00
Payable in 12 equal months, 0% interest  
24,045.83
BALANCE 80% (AMOUNT TO BE FINANCED)  
1,234,200.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
AMOUNT
6 MOS
0% INTEREST
205,700.00
5
Monthly Amortization
34,969.00
10
Monthly Amortization
24,684.00
 
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 40 Sqm
 
  Area= 40 Selling Price= Php 1,870,000.00
 
TERMS
 
A. CASH
spacerUNIT PRICE  
1,870,000.00
spacerDISCOUNT 10% ON TCP  
187,000.00
spacerTOTAL CONTRACT PRICE  
1,683,000.00
spacerRETENTION 10%
To be paid upon turn over
168,300.00
spacerTOTAL PAYABLE  
1,514,700.00
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,494,700.00
 
B. SPOT CASH ( 30% DOWNPAYMENT)
spacerUNIT PRICE  
1,870,000.00
spacerDOWNPAYMENT 30%  
561,000.00
spacerSPOT DP DISCOUNT
Less 10% on DP
56,100.00
spacerDISCOUNTED DP
504,900.00
spacerLESS RESERVATION  
20,000.00
spacerNET DOWNPAYMENT  
484,900.00
spacerTOTAL CONTRACT PRICE  
1,813,900.00
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,309,000.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
218,166.67
5
Monthly Amortization
37,088.33
10
Monthly Amortization
26,180.00
 
C. DEFERRED CASH
spacerUNIT PRICE  
1,870,000.00
spacerDISCOUNT 5%  
93,500.00
spacerTOTAL CONTRACT PRICE  
1,776,500.00
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,756,500.00
spacerPayable in 18 months
0 interest
97,583.33
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
TOTAL CONTRACT PRICE
1,870,000.00
DOWNPAYMENT 30%
561,000.00
LESS RESERVATION
20,000.00
NET DOWNPAYMENT
541,000.00
Payable in 12 equal months, 0% interest  
45,083.33
BALANCE 70% (AMOUNT TO BE FINANCED)  
1,309,000.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
218,166.67
5
Monthly Amortization
37,088.33
10
Monthly Amortization
26,180.00
 
E. DEFERRED 20%DP; 80% BALANCE
TOTAL CONTRACT PRICE  
1,870,000.00
20% DOWNPAYMENT  
374,000.00
LESS RESERVATION  
20,000.00
OPTION 1
NET DOWNPAYMENT  
354,000.00
10% SPOT DP
177,000.00
 
10% DP X 6 MOS covered w PDC
29,500.00
 
OPTION 2
NET DOWNPAYMENT  
354,000.00
Payable in 12 equal months, 0% interest  
29,500.00
BALANCE 80% (AMOUNT TO BE FINANCED)  
1,496,000.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
AMOUNT
6 MOS
0% INTEREST
249,333.33
5
Monthly Amortization
42,386.67
10
Monthly Amortization
29,920.00
 
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 2,173,875.00
 
TERMS
 
A. CASH
spacerUNIT PRICE  
2,173,875.00
spacerDISCOUNT 10% ON TCP  
217,387.50
spacerTOTAL CONTRACT PRICE  
1,956,487.50
spacerRETENTION 10%
To be paid upon turn over
195,648.75
spacerTOTAL PAYABLE  
1,760,838.75
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,740,838.75
 
B. SPOT CASH ( 30% DOWNPAYMENT)
spacerUNIT PRICE  
2,173,875.00
spacerDOWNPAYMENT 30%  
652,162.50
spacerSPOT DP DISCOUNT
Less 10% on DP
65,216.25
spacerDISCOUNTED DP
586,946.25
spacerLESS RESERVATION  
20,000.00
spacerNET DOWNPAYMENT  
566,946.25
spacerTOTAL CONTRACT PRICE  
2,108,658.75
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,521,712.50
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
253,618.75
5
Monthly Amortization
43,115.19
10
Monthly Amortization
30,434.25
 
C. DEFERRED CASH
spacerUNIT PRICE  
2,173,875.00
spacerDISCOUNT 5%  
108,693.75
spacerTOTAL CONTRACT PRICE  
2,065,181.25
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
2,045,181.25
spacerPayable in 18 months
0 interest
113,621.18
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
TOTAL CONTRACT PRICE
2,173,875.00
DOWNPAYMENT 30%
652,162.50
LESS RESERVATION
20,000.00
NET DOWNPAYMENT
632,162.50
Payable in 12 equal months, 0% interest  
52,680.21
BALANCE 70% (AMOUNT TO BE FINANCED)  
1,521,712.50
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
253,618.75
5
Monthly Amortization
43,115.19
10
Monthly Amortization
30,434.25
 
E. DEFERRED 20%DP; 80% BALANCE
TOTAL CONTRACT PRICE  
2,173,875.00
20% DOWNPAYMENT  
434,775.00
LESS RESERVATION  
20,000.00
OPTION 1
NET DOWNPAYMENT  
414,775.00
10% SPOT DP
207,387.50
 
10% DP X 6 MOS covered w PDC
34,564.58
 
OPTION 2
NET DOWNPAYMENT  
414,775.00
Payable in 12 equal months, 0% interest  
34,564.58
BALANCE 80% (AMOUNT TO BE FINANCED)  
1,739,100.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
AMOUNT
6 MOS
0% INTEREST
289,850.00
5
Monthly Amortization
49,274.50
10
Monthly Amortization
34,782.00
 
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 47.5 Sqm
 
  Area= 47.5 Selling Price= Php 2,220,625.00
 
TERMS
 
A. CASH
spacerUNIT PRICE  
2,220,625.00
spacerDISCOUNT 10% ON TCP  
222,062.50
spacerTOTAL CONTRACT PRICE  
1,998,562.50
spacerRETENTION 10%
To be paid upon turn over
199,856.25
spacerTOTAL PAYABLE  
1,798,706.25
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
1,778,706.25
 
B. SPOT CASH ( 30% DOWNPAYMENT)
spacerUNIT PRICE  
2,220,625.00
spacerDOWNPAYMENT 30%  
666,187.50
spacerSPOT DP DISCOUNT
Less 10% on DP
66,618.75
spacerDISCOUNTED DP
599,568.75
spacerLESS RESERVATION  
20,000.00
spacerNET DOWNPAYMENT  
579,568.75
spacerTOTAL CONTRACT PRICE  
2,154,006.25
spacerBALANCE 70% (AMOUNT TO BE FINANCED)
1,554,437.50
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0% INTEREST
259,072.92
5
Monthly Amortization
44,042.40
10
Monthly Amortization
31,088.75
 
C. DEFERRED CASH
spacerUNIT PRICE  
2,220,625.00
spacerDISCOUNT 5%  
111,031.25
spacerTOTAL CONTRACT PRICE  
2,109,593.75
spacerLESS RESERVATION  
20,000.00
spacerNET PAYABLE  
2,089,593.75
spacerPayable in 18 months
0 interest
116,088.54
 
D. DEFERRED PAYMENT 30% DP, 70% Balance
TOTAL CONTRACT PRICE
2,220,625.00
DOWNPAYMENT 30%
666,187.50
LESS RESERVATION
20,000.00
NET DOWNPAYMENT
646,187.50
Payable in 12 equal months, 0% interest  
53,848.96
BALANCE 70% (AMOUNT TO BE FINANCED)  
1,554,437.50
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
 
AMOUNT
6 MOS
0 INTEREST
259,072.92
5
Monthly Amortization
44,042.40
10
Monthly Amortization
31,088.75
 
E. DEFERRED 20%DP; 80% BALANCE
TOTAL CONTRACT PRICE  
2,220,625.00
20% DOWNPAYMENT  
444,125.00
LESS RESERVATION  
20,000.00
OPTION 1
NET DOWNPAYMENT  
424,125.00
10% SPOT DP
212,062.50
 
10% DP X 6 MOS covered w PDC
35,343.75
 
OPTION 2
NET DOWNPAYMENT  
424,125.00
Payable in 12 equal months, 0% interest  
35,343.75
BALANCE 80% (AMOUNT TO BE FINANCED)  
1,776,500.00
                                          IN HOUSE FINANCING (14%/ANNUM)
YEARS TO PAY
AMOUNT
6 MOS
0% INTEREST
296,083.33
5
Monthly Amortization
50,334.17
10
Monthly Amortization
35,530.00
 
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