Philippine Properties | Condominiums | Real Estates | Philproperties International Corporation

KENSINGTON (LANCASTER PLACE): QUALITY & AFFORDABLE TOWNHOUSES FOR SALE IN ALAPAN, IMUS, CAVITE

PROJECT OVERVIEW:

Living in a home that symbolizes dreams do come true.

Enjoy life at Kensington at Lancaster Estates, the newest addition to the flourishing Lancaster Estates, soon to be a bustling community of spacious townhouses – that will have amenities such as a country club, Roman Catholic Chapel & commercial center that spell utmost convenience.

It is easily accessible through Bacoor and Imus. With the development of the Coastal road extension and the future access through Daanghari Road, giving more than two ways to get to this Cavite project, Lancaster Estates scores high on location accessibility. Malls and places of work in Manila will just be minutes away.

Kensington boasts of its special feature – the linear park – a vast open space specifically designed for residents to enjoy the comforts of a park right next to or behind their homes. At a linear park, there are more reasons to enjoy the outdoors. There’s abundant natural light, good ventilation, not to mention, the proximity to home that makes it a safer playground for kids and the young at heart.

Kensington is home to the Alice, Diana, and now Catherine house model. These townhouses got even better with its modern façade and balcony. With its accessible location that is set amidst a flourishing estate development at a price within your reach, you don’t need to think twice about getting any of these townhouse models for your loved ones!

LOCATION:

Kensington at Lancaster Estates is located at Alapan, Imus, Cavite .

From Lancaster, most access travel time 30 minutes going to Buendia Roxas Bouevard via CAVITEX Coastal Road thru public utility bus from the point of terminal in Lancaster Estates.

Kensington at Lancaster Estates' Vicinity Map

FEATURES & AMENITIES:

Its amenities allow you to enjoy the comforts of your community for leisure, spirituality, and family fun.

Entrance gate
Country Club
Swimming Pool
Basketball court
Roman Catholic Chapel
Landscaped parks and playgrounds
Landscaped open spaces
Centralized water system
Concrete roads
Commercial area

HOUSE MODELS:

Kensington at Lancaster Estates' Alice Townhouse

Alice Townhouse Floor Plan

House Features:

Floor Area: 40 sq. m.
Lot Area: 40 sq. m.
Two (2) Storey Townhouse
Price starts at Php. 850,000 — Php. 1,480,000
Three (3) Bedrooms with Partition
One (1) Toilet and Bath
Living Area
Dining Area
Kitchen Area
Provision for One (1) Car Garage

House Finish:

Pre-painted Long Span Roofing
Painted Exterior and Interior Walls
Water Closet
Tiled Kitchen Count
Tiled Bathroom Flooring
Floor Cement Finish
Steel Casement Windows
Pre-Cast Panel System

Kensington at Lancaster Estates' Catherine Townhouse

Catherine Floor Plan

House Features:

Floor Area: 50 sq. m.
Lot Area: 50 sq. m.
Price starts at Php. 960,000 — Php. 993,000
Two (2) Storey Townhouse
Three (3) Bedrooms with Partition
Two (2) Toilet and Bath Living Area
Dining Area
Kitchen Area
Service / Laundry Area
Provision for One (1) Car Garage

House Finish:

Steel Casement Windows
Pre-Cast Panel System
Painted Exterior and Interior Walls Floor Cement Finish
Tiled Kitchen Counter
Tiled Bathroom Flooring Water Closet

Kensington at Lancaster Estates' Diana Townhouse

Diana Floor Plan

House Features:

Floor Area: 60 sq.m.
Lot Area: 50 sq.m.
Price starts at Php. 1,050,000 — Php. 1,761,000
Two (2) Storey Townhouse
Three (3) bedrooms
Living area
Kitchen area
Two (2) Toilets and Baths
Laundry & service area
Dining area
Provision for Big Balcony
Provision for one (1) carport
Provision for CATV, telephone & airconditioning unit

House Finish:

Pre-painted long span roofing
Tiled kitchen counter with stainless sink
Tiled toilet and bath
Ceramic bathroom fixtures
Interior and exterior wall paint finish

INVESTMENT TERMS

BANK FINANCING:
- 12.5% Initial Investment payable up to 15 months
- Reservation Fee: Php. 7,500 (Alice); Php. 10,000 (Catherine & Diana)
- Processing & Legal Fees: apprx. 8% of Selling Price
IN HOUSE FINANCING:
- 30% Initial Investment payable up to 24 months at 0% interest
- Interest Rate is 18% for 5 years
- Interest Rate is 21% for 10 years
- Reservation Fee: Php. 7,500 (Alice); Php. 10,000 (Catherine & Diana)
- Processing & Legal Fees: apprx. 4.5% of Selling Price

SAMPLE COMPUTATION:

DESCRIPTION:	BANK FINANCING (12.5%):	IN HOUSE FINANCING (30%):
ALICE TOWNHOUSE MODEL
SELLING PRICE:	Php. 850,000
LEGAL AND MISC. FEES:	(8%) Php. 68,000	(4.5%) Php. 38,250
TOTAL INVESTMENT VALUE:	Php. 918,000	Php. 888,250
RESERVATION FEE:	Php. 7,500
INITIAL INVESTMENT	Php. 7,150 in 15 months:	Php. 10,791 in 24 months:
LOANABLE AMOUNT:	Php. 803,250	Php. 621,775
MONTHLY AMORTIZATION:
5 years	@ 7.88%*: Php. 16,241	@ 18%: Php. 15,789
10 years	@ 7.88%*: Php. 9,6945	@ 21%: Php. 12,431
15 years	@ 7.88%*: Php. 7,621	—
*Fixed Rate for 1 year; yearly repricing after the fixing period.

DESCRIPTION:	BANK FINANCING (12.5%):	IN HOUSE FINANCING (30%):
CATHERINE TOWNHOUSE MODEL
SELLING PRICE:	Php. 960,000
LEGAL AND MISC. FEES:	(8%) Php. 76,800	(4.5%) Php. 43,200
TOTAL INVESTMENT VALUE:	Php. 1,036,800	Php. 1,003,200
RESERVATION FEE:	Php. 10,000
INITIAL INVESTMENT	Php. 7,973 in 15 months:	Php. 12,123 in 24 months:
LOANABLE AMOUNT:	Php. 907,200	Php. 702,240
MONTHLY AMORTIZATION:
5 years	@ 7.88%*: Php. 18,343	@ 18%: Php. 17,832
10 years	@ 7.88%*: Php. 10,949	@ 21%: Php. 14,040
15 years	@ 7.88%*: Php. 8,607	—
*Fixed Rate for 1 year; yearly repricing after the fixing period.

DESCRIPTION:	BANK FINANCING (12.5%):	IN HOUSE FINANCING (30%):
DIANA TOWNHOUSE MODEL
SELLING PRICE:	Php. 1,100,000
LEGAL AND MISC. FEES:	(8%) Php. 88,000	(4.5%) Php. 49,500
TOTAL INVESTMENT VALUE:	Php. 1,188,000	Php. 1,149,500
RESERVATION FEE:	Php. 10,000
INITIAL INVESTMENT	Php. 9,233 in 15 months:	Php. 13,952 in 24 months:
LOANABLE AMOUNT:	Php. 1,039,500	Php. 804,650
MONTHLY AMORTIZATION:
5 years	@ 7.88%*: Php. 21,018	@ 18%: Php. 20,433
10 years	@ 7.88%*: Php. 12,546	@ 21%: Php. 16,087
15 years	@ 7.88%*: Php. 9,862	—
*Fixed Rate for 1 year; yearly repricing after the fixing period.

Important:

Mortgage and Redemption Insurance (MRI) and FIRE insurance are not yet included in the computation.
Move-in after 15 months.
Maximum terms of loan varies depending Buyer's age.
Loan must be paid before Buyer reaches 65 yrs. old.
Processing Fees for Bank includes Transfer of Title, Advance One Year Fire/MRI insurance.
One year advance property tax and other blueprints.

DOCUMENTARY REQUIREMENTS

2 Government Issued ID’s
Cedula (Community Tax Cert.) or Passport
Tax Identification Number (TIN)
Marriage Contract (married); Birth Cert. (single)
Annulment/Divorce paper (separated)
3 pcs. ID picture 1x1 (applicant)
MSVS - Membership Status Verification Slip from Pag-ibig
Pag-ibig Counselling from the Developer
Proof of Billing Address or Certification from Owner if Renting
Postdated Checks (PDCs)

If Applicant Is Locally Employed:

Latest Certificate of Employment and Compensation
Latest BIR form 2316 or ITR
Latest 3 months Payslip

If Applicant Is Self-Employed:

Business Registration from DTI or SEC
Articles of Incorporated and by-laws (if Corp.)
Financial Statements / Latest 2 years ITR
Latest 6 months Bank Statements

If Applicant Is Self-Employed:

Authenticated Certificate of Employment / Job Contract
Latest Inland Revenue ITR (for immigrant)
Latest 3 months proof of remittance or latest 3 months payslip