Home Page : Realtor® Edmund A. Garces

Additional Information

note: updated as of May 04, 2007

Experience the art of living: Welcome to Cebu Tower Palace, the newest “State of Art” 19 storey residential condominium, located at Cebu Business Park with 200 high-end condominium units fully furnished with stylish and modern interior designs.

Tower Palace Residential Condominium will soon rise in the heart of the Cebu Business Park, a sprawling urban development teeming with business, residential, sports, recreation and leisure facilities set in the middle of wide expanses of greenery and concrete streets pathways.

LOCATION

CEBU BUSINESS PARK. TOWER PALACE Residential Condominium is nestled right in the heart of the Cebu Business Park, a sprawling urban development teeming with business, residential, sports, recreation & leisure facilities set in the middle of wide expanses of greenery and concrete streets and pathways.

ACCESSIBILITY. Located in the heart of the metropolis. TOWER PALACE Residential Condominium is easily accessible to public and private transportation from five major cities.

MAJESTIC VIEW. At the end of the day, spend some quality time with your loved ones and savor the majestic view as beautiful city lights from Cebu shine like diamonds.

SOUND INVESTMENT

The best thing about investing in TOWER PALACE Residential Condominium is the rate at which the property appreciates. Since it is located in Cebu Business Park, a prime real estate area, annual property appreciation rates can range from 15% to 20% per year. Certainly, long-term value of the property around Cebu Business Park can only be expected to rise as more future developments continue.

Soon to rise in the heart of Cebu business Park, TOWER PALACE Residential Condominium will feature 19-floors of high-end condominium units, including 2 floors exclusively for penthouse buyers, complete with stylish, modern interior designs and state-of-the-art technology.

Apart from the 200 units, TOWER PALACE Residential Condominium will also feature facilities such as a grand lobby, 2 function rooms, a business center, 4 level basement parking that can hold 226 cars, spa facilities, a fitness gym, day care center and two swimming pools.

Another unique facet of the project is the extensive use of state-of-the-art technology in the condo units. Doors are equipped with digital keypad door lock system, which can store multiple security codes. Sensor systems inside the units automatically turn on and off when a person enters or leaves the room. Its intricate and extensive sprinkler systems ensure its residents that damage caused by fire is minimal. Backup generator system is also provided.  

FEATURES:

CEBU TOWER PALACE is a 19-Storey building with inclusions/ amenities of each condominium unit:

Blue glass panels
4 elevator units
Wooden box and molding
Wooden floors
Condo Spa
Grand Lobby
Lounge
Digital Door Locks
CATV All Floors
2 Swimming Pools (Adult and Kids)
Fully-Equipped Gym and Lockers
Videophone
2 Function Rooms
Condo Play Area
Day Care Center
Business Center.

 ADVANTAGES

• Location - Cebu Business Park , Proximity to the Metro , Accessibility, Majestic view
• Sense of Belonging
• Sound Investment
• Clean Sorroundings
• Ambiance and space
• High society
• State of the art technology - state of the art furnishings and fixtures , multi-system air-conditioning , digital door locks, security, fire alarm and sprinkler system, elevators

FACILITIES

• ground lobby
• function rooms
• ground and basement parking
• swimming pool
• fitness gym
• spa
• day care station

UNIT PLANS

• 1 bedroom unit
• 2 bedroom unit
• 3 bedroom unit
• Penthouse 1
• Penthouse 2

Price ranges of 1 bedroom unit:

Php 3,829,094.00 to Php 4,621,837.00

Price ranges of 2 bedroom unit:

Php 6,293,276.00 to 7,189,524.00

Price ranges of 3 bedroom unit:

Php 7,926,225.00 to Php 9,243,673.00

Payment Terms: 

Reservation fee: Php 200,000.00

- 30% downpayment (one time )

- 70% balance (upon completion)

BASIC UNIT

SELLING PRICE FOR 1 BEDROOM:

2nd floor: 1BR E - Php 4,140,000.00 ; 1BR W - Php 3,840,000.00

3rd ~ 4th floors: 1BR E - Php 4,275,000.00 ; 1BR W - Php 3,975,000.00

5th ~ 8th floors: 1BR E - Php 4,365,000.00 ; 1BR W - Php 4,065,000.00

9th ~ 14th floors: 1BR E - Php 4,500,000.00 ; 1BR W - Php 4,200,000.00

15th ~ 18th floors: 1BR E - Php 4,635,000.00 ; 1BR W - Php 4,335,000.00

SELLING PRICE FOR 2 BEDROOM:

2nd floor: 2BR N - Php 6,440,000.00 ; 2BR SW - Php 6,311,000.00

3rd ~ 4th floors: 2BR  N - Php 6,650,000.00 ; 2BR SW- Php 6,517,000.00

5th ~ 8th floors: 2BR  N - Php 6,790,000.00  ; 2BR SW - Php 6,654,200.00

9th ~ 14th floors: 2BR N - Php 7,000,000.00 ; 2BR SW - Php 6,654,200.00

15th ~ 18th floors: 2BR N - Php 7,210,000.00 ; 2BR SW - Php 7,065,800.00

SELLING PRICE FOR 3 BEDROOM:

2nd floors: 3BR NE/E - Php 8,820,000.00 ; 3BR SW/NW - Php 7,948,800.00

3rd ~ 4th floors: 3BR  NE/E - Php 8,550,000.00 ; 3BR SW/NW - Php 8,208,000.00

5th ~ 8th floors: 3BR  NE/E - Php 8,730,000.00 ; 3BR SW/NW - Php 8,380,000.00

9th ~ 14th floors: 3BR  NE/E - Php 9,000,000.00 ; 3BR SW/NW - Php 8,640,000.00

15th ~ 18th floors: 3BR  NE/E - Php 9,270,000.00 ; 3BR SW/NW - Php 8,990,200.00

STANDARD UNIT

SELLING PRICE FOR 1 BEDROOM:

2nd floor: 1BR E - Php 4,600,000.00 ; 1BR W - Php 4,300,000.00

3rd ~ 4th floors: 1BR E - Php 4,750,000.00 ; 1BR W - Php 4,450,000.00

5th ~ 8th floors: 1BR E - Php 4,850,000.00 ; 1BR W - Php 4,500,000.00

9th ~ 14th floors: 1BR E - Php 5,000,000.00 ; 1BR W - Php 4,700,000.00

15th ~ 18th floors: 1BR E - Php 5,150,000.00 ; 1BR W - Php 4,850,000.00

SELLING PRICE FOR 2 BEDROOM:

2nd floor: 2BR N - Php 7,410,000.00 ; 2BR SW - Php 7,261,800.00

3rd ~ 4th floors: 2BR  N – Php 7,410,000.00 ; 2BR SW- Php 7,261,800.00

5th ~ 8th floors: 2BR  N – Php 7,566,000.00  ; 2BR SW - Php 7,414,680.00

9th ~ 14th floors: 2BR N - Php 7,800,000.00 ; 2BR SW - Php 7,664,000.00

15th ~ 18th floors: 2BR N – Php 8,034,000.00 ; 2BR SW - Php 7,873,320.00

SELLING PRICE FOR 3 BEDROOM:

2nd floors: 3BR NE/E – Php 9,568,000.00 ; 3BR SW/NW - Php 9,185,280.00

3rd ~ 4th floors: 3BR  NE/E - Php 9,880,000.00 ; 3BR SW/NW - Php 9,484,800.00

5th ~ 8th floors: 3BR  NE/E - Php 10,088,000.00 ; 3BR SW/NW - Php 9,684,480.00

9th ~ 14th floors: 3BR  NE/E - Php 10,400,000.00 ; 3BR SW/NW - Php 9,984,000.00

15th ~ 18th floors: 3BR  NE/E - Php 10,712,000.00 ; 3BR SW/NW - Php 10,283,520.00

ALL UNIT AMENITIES:

BASIC/BARE UNITS 1BR/2BR/3BR

• Partitions ready;
• Plumbing ready;
• Electric wirings ready;
• Mahogany entrance door;
• Lever type door lock

STANDARD UNITS 1BR/2BR/3BR

• Wood flooring - CB;
• Paints on walls;
• Paints on ceiling;
• Baseboard Ready;
• Ceiling molding ready;
• Kitchen cabinets installed - CB;
• Sliding type range hood;
• Wardrobe cabinets installed;
• Sanitary fixtures installed;
• Shower booth installed;
• Lighting installed - CB;
• Mahogany Entrance door;
• Digital door lock - CB;
• Tiles - CB;
• Aircondition unit on the Master's bedroom (split type)
• Free 1 parking slot for the 3BR buyers worth Php 450,000.00

LUXURIOUS UNITS 1 BR / 2 BR / 3 BR

• Wood flooring-CA;
• Paints on Walls;
• Paints on ceiling;
• Baseboard ready;
• Ceiling moldings ready;
• Kitchen cabinets installed - CA
• Spain made range hood
• Wardrobe cabinets installed;
• Lightings installed - CA;
• Sanitary fixtures installed - CA;
• Shower booth installed - CA;
• Narra entrance door;
• Digital door lock - CA;
• Tiles - CA;
• Videophone;
• Aircondition unit (split type) - 1 BR = 2 units free; 2BR = 3 units free ; 3BR = 4 units free
• Free 1 parking slot for the 3BR Buyers & 2 parking slot for the penthouse buyers worth Php 450,000.00

CONSTRUCTION SCHEDULE

• Excavation Works – June 2006 to September 2006
• Sub-structure (concrete from basement to ground) – October 2006 to December 2006
• Super-structure (concrete from ground to roof) – January 2007 to June 2007
•  Finishing – July 2007 to August 2008