Product Information Sheet
Developer and Address
Eton Properties Philippines, Inc. (EPPI)
12th Floor, Allied Bank Building
6754 Ayala Avenue, Makati City
Metro Manila
Expected Completion Date
December 31, 2011
Project Location
Gamboa St., Legaspi Village, Makati City
| Area | 890 square meters |
Lot Boundaries |
|
Building Floors
33 above ground, 1 below ground
| Floor | Use/ Assignment | Remarks |
| Basement | Parking | Parking rights sold separately from residential condominium units |
| Ground | Main Lobby, Commercial shop, and Building Administration Office |
|
| 2nd to 7th Floor | Parking Deck | Parking rights sold separately from residential condominium units |
| 8th Floor | Amenity Floor with condominium units | |
| 9th Floor | Loft areas of units on the 8th floor | |
| 10th to 33rd Floor | Residential condominium units |
| Area | Deliverables | |
| Living/Dining Area | Floor | Homogenous tile |
| Wall | Painted finish | |
| Ceiling | Painted finish | |
| Bedrooms | Floor | Wood finish |
| Wall | Painted finish | |
| Ceiling | Painted finish | |
| Others | Wardrobe closets | |
| Toilets/ Bathrooms | Floor & Wall | Homogenous tile (master’s bedroom & powder room) |
| Ceiling | Painted dropped ceiling | |
| Kitchen | Floor | Homogenous tile |
| Wall | Painted finish | |
| Ceiling | Painted finish | |
| Others | Modular overhead and counter cabinets, with kitchen fixtures and solid stone countertop |
|
| Others | Space allotment for owner-supplied split type airconditioning units |
Building Features & Amenities - provided by EPPI
| Utility | Provision |
| Electricity |
|
| Telephone |
|
| Water |
|
Liens, Encumbrances and Restrictions
The Project shall be subject to or in compliance with the: (i) Rules and Regulations of the Makati Commercial Estates Association, Inc. (MACEA), including any changes or amendments thereto;
(ii) Master Deed with Declaration of Restrictions executed by the Developer, and the rules and
regulations of the Condominium Corporation; and (iii) Applicable provisions of the City Zoning
Ordinance of the City of Makati, Presidential Decree No. 1096 (National Building Code),
Presidential Decree 957 (Subdivision and Condominium Buyers Protective Decree), Republic
Act No. 4726 (The Condominium Act of the Philippines), and other related laws, rules and
regulations.
One-Time |
||
| Taxes/Fees | Estimated Cost (based on current rates) |
Assessed by and Payable To |
| Value Added Tax (VAT) | 12.00% of the Purchase Price |
Bureau of Internal Revenue (BIR) |
| Documentary Stamps Tax (DST) |
1.50% of the Purchase Price, Market Value or Zonal Valuation, whichever is higher |
BIR; payable upon execution of the Deed of Absolute Sale |
| Transfer Tax | 60% of 1% of the purchase price or the Zonal Value of the property, whichever is higher |
Office of the City Treasurer, City of Makati; payable upon execution of the Deed of Absolute Sale |
| Registration Fee | Based on a “Table of Fees”, approximately 0.75% of the Purchase Price |
Registry of Deeds for the City of Makati; payable upon execution of the Deed of Absolute Sale |
| Tax Declaration Transfer Fee |
P1,000/unit | Office of the City Assessor, City of Makati; payable upon transfer of the title in the name of the buyer |
Recurring |
||
| Taxes/Fees | Estimated Cost (based on current rates) |
Assessed by and Payable To |
| Yearly Real Estate Tax | 3.0% of the Assessed Value (AV) of the property – with AV amounting to approx. 30% of Purchase Price or Zonal Valuation, whichever is higher |
Office of the City Treasurer, City of Makati |
One-Time |
||
| Assessments | Estimated Cost (based on current rates) |
Assessed by and Payable To |
| Condominium Corporation Membership Fee |
To be determined by the Condominium Corporation at a later date. Current charges are estimated at around P180- P200 / square meter |
The Eton Parkview Greenbelt Condominium Corporation |
| Cost of Utilities’ Individual Meters |
To be determined at a later date |
Utility Companies or EPPI, in case of advances |
| Miscellaneous Fees | Approx. 1.5% of the Purchase Price |
Eton Properties Philippines, Inc. |
Recurring |
||
| Assessments | Estimated Cost (based on current rates) |
Assessed by and Payable To |
| Monthly Association Dues |
To be determined by the Condominium Corporation at a later date. Current charges for similar projects are at P60-70/ square meter/ month |
The Eton Parkview Greenbelt Condominium Corporation |
| Yearly Insurance on Common Areas |
To be determined by the Condominium Corporation at a later date. |
The Eton Parkview Greenbelt Condominium Corporation |
DISCLAIMERS/NOTES
The amounts, rates, and figures stated above are mere estimates based on existing laws,
ordinances, rules and regulations, and rates of similar condominium projects located within the
City of Makati or the vicinity of the Project. These amounts, rates and figures are subject to
change depending on the applicable circumstances and whenever concerned government
agencies or authorities impose new rates or taxes/ fees.
All amounts indicated herein are in Philippine Peso currency, unless otherwise stated.
This Project Information Sheet merely serves to provide interested/ potential parties information on the Developer, and the Project including all liens, restrictions, taxes, assessments, restrictions and estimates of utility costs.
All plans, specifications, and details stipulated herein are subject to change.