Monday, July 23, 2012

THE MILANO RESIDENCES






Now rising at MoMa, the new Modern Makati. The Milano will rise at the very heart of Philippine's Central Business District. The revolutionary "city within a city" is located in MoMa, Modern Makati. Long renowned as the epicenter of Philippine Social, Cultural and Financial Activity. Makati is constantly evolving itself, transforming into its true megalopolis that will be poised to compete with other urban centers all over the world.
The Milano's location puts it in the middle of the most prime and expensive real estate in the country within modernizing and future ready district of a city in constant evolution.

MILANO RESIDENCES

First Luxury Private Residences in Asia designed by Versace Home -“Interior Design By Versace Home” 

The Milano - a towering 53 stories, overlooking Century City. The building exterior resonates the Versace's iconic design language by replicating 
the distinctive Greek fret rising up the entire building’s facade. Exclusive High-end European style project branded only with interiors of VERSACE. 
 Versace serves as the pinnacle of luxury, and what better way to create a novel concept by fusing high-impact design with real estate into an utterly distinctive package. Versace has extended its brand from fashion to other lifestyle concepts and so, for their Versace Home line, it was perfectly logical to combine the sophisticated elements of an internationally-recognized designer brand with pioneering real estate. It’s livable fashion in its purest sense.




PROJECT DETAILS:

*Approx. 2,500 sqm land area 
* loft floor to ceiling height approx. 18ft. 
* Loggia unit with swimming pool 
* Penthouse unit also with swimming pool 
* Commercial spaces at ground floor and mezzanine (Total of 6 units only) 
* Maximum of only 10 units per floor (For Residential) 
* Pre-selling price at 120K/sq.m-140K/sq.m but will increase 3 months after. 
* Total of 350 units only 
* Construction: 2nd quarter of 2011/next year. 
* Reservation fee: Php 75,000.00* Total of 53 floors 
* Model units available Jan. 20, 2011 4th floor Pacific Star building 
* Turnover date: December 2015 
* Interior designed by VERSACE Home













SAMPLE COMPUTATION ONLY!!!
1703 - 1Bedroom (55.080sqm)
PAYMENT OPTION (Balloon Payment)
Downpayment
Monthly Amortization
Balloon Payment
Turnover Balance
Discount
0% in 0 months
30% in 57 months
30% in 9 months
40.00%
0.00%
PAYMENT DETAILS
 
Percent
TCP Breakdown
No. of Months
Unit Payment
per month
Parking Payment
per month
**FF/FF Payment
per month
Storage Payment
per month
Total Payments
per month
*Reservation Fee
- 
75,000.00 
-
75,000.00
0.00
0.00
0.00
75,000.00 
Downpayment
 
  
 
 
 
 
 
 
Monthly Amortizations
  30% 
  2,415,443.51 
  57 
  38,955.15 
  3,421.05 
  0.00 
  0.00 
  42,376.20 
Balloon Payments
  30% 
  2,490,443.51 
  9 
  255,049.28 
  21,666.67 
  0.00 
  0.00 
  276,715.95 
Turnover Balance
  40.00% 
  3,320,591.35 
   
  3,060,591.35 
  260,000.00 
  0.00 
  0.00 
  3,320,591.35 
Total Contract Price
100%
8,301,478.37 
-
- 
- 
-
-
- 
* DP Amortization is calculated by deducting the RF from the DP of the Unit Price then spread resulting amount over the DP period.
**FF/FF: Fully-fitted/Fully Furnished
MONTHLY PAYMENTS
Month
Date
Unit Payment
Parking Payment
FF/FF Payment
Storage
Total
Description
 0 2/19/2011 75,000.00 - - - 75,000.00 Reservation Fee
13/19/2011 38,955.15 3,421.05 0.00 0.0042,376.201-MA
24/19/2011 38,955.15 3,421.05 0.00 0.0042,376.202-MA
35/19/2011 38,955.15 3,421.05 0.00 0.0042,376.203-MA
46/19/2011 38,955.15 3,421.05 0.00 0.0042,376.204-MA
57/19/2011 38,955.15 3,421.05 0.00 0.0042,376.205-MA
 6 8/19/2011 294,004.43 25,087.72 0.00 0.00 319,092.15 1-BP and 6-MA
79/19/2011 38,955.15 3,421.05 0.00 0.0042,376.207-MA
810/19/2011 38,955.15 3,421.05 0.00 0.0042,376.208-MA
911/19/2011 38,955.15 3,421.05 0.00 0.0042,376.209-MA
1012/19/2011 38,955.15 3,421.05 0.00 0.0042,376.2010-MA
111/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2011-MA
 12 2/19/2012 294,004.43 25,087.72 0.00 0.00 319,092.15 2-BP and 12-MA
133/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2013-MA
144/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2014-MA
155/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2015-MA
166/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2016-MA
177/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2017-MA
 18 8/19/2012 294,004.43 25,087.72 0.00 0.00 319,092.15 3-BP and 18-MA
199/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2019-MA
2010/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2020-MA
2111/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2021-MA
2212/19/2012 38,955.15 3,421.05 0.00 0.0042,376.2022-MA
231/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2023-MA
 24 2/19/2013 294,004.43 25,087.72 0.00 0.00 319,092.15 4-BP and 24-MA
253/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2025-MA
264/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2026-MA
275/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2027-MA
286/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2028-MA
297/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2029-MA
 30 8/19/2013 294,004.43 25,087.72 0.00 0.00 319,092.15 5-BP and 30-MA
319/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2031-MA
3210/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2032-MA
3311/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2033-MA
3412/19/2013 38,955.15 3,421.05 0.00 0.0042,376.2034-MA
351/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2035-MA
 36 2/19/2014 294,004.43 25,087.72 0.00 0.00 319,092.15 6-BP and 36-MA
373/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2037-MA
384/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2038-MA
395/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2039-MA
406/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2040-MA
417/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2041-MA
 42 8/19/2014 294,004.43 25,087.72 0.00 0.00 319,092.15 7-BP and 42-MA
439/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2043-MA
4410/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2044-MA
4511/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2045-MA
4612/19/2014 38,955.15 3,421.05 0.00 0.0042,376.2046-MA
471/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2047-MA
 48 2/19/2015 294,004.43 25,087.72 0.00 0.00 319,092.15 8-BP and 48-MA
493/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2049-MA
504/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2050-MA
515/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2051-MA
526/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2052-MA
537/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2053-MA
 54 8/19/2015 294,004.43 25,087.72 0.00 0.00 319,092.15 9-BP and 54-MA
559/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2055-MA
5610/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2056-MA
5711/19/2015 38,955.15 3,421.05 0.00 0.0042,376.2057-MA
5812/31/2015 3,060,591.35 260,000.00 0.00 0.003,320,591.35TO
-- 7,651,478.37 650,000.000.000.008,301,478.37Grand Total

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