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MYVAN CITYSCAPE UPTOWN TOWER 2


 

                                                                                            

MYVAN Properties is pleased to announce that it will soon launch its 4th condominium project, a 16-storey building, located near Mango Square. It will be a fusion of hotel and residences with 120 total number of units. Very convenient…luxurious…& affordable!

 

Click the thumbnail at the right for the latest pricelist as of Feb 2013

Sleek, modern, trendy… Your Style, your Home away from Home…  CITYSCAPE UPTOWN – A 16-storey building offers a fusion of condotel and residential units in one impressive modern structure to be situated at the heart of the fast-emerging commercial area in Mango Square, Cebu City. A rare package of Affordability, Convenience and Luxury… @ a location you only dream of residing… the building boasts of stylish glass exterior façade, where you can look over and be mesmerized by the panoramic view of the city…

In a place where a picket-fenced home is slowly fading in trend, Cityscape Uptown provides you the perfect lifestyle and rightfully conceptualized building features fit for all your needs… with an infinity swimming pool where you can catch a night swim after rigorous hours at work or lounge at the entertainment area where you can catch a drink and hangout with your neighbors and friends…a complementary fusion of work and play in Style Cityscape Uptown puts your comfort ahead of you… creating your serene living space without stepping out of the city… in one place, at one time, you can enjoy the full life

Myvan Properties & Development Inc. develops affordable, luxurious residential and commercial condominiums situated in prime areas of Cebu and Mandaue City, Philippines. MYVAN offers you the nearest abode to your favorite leisure centers, schools and your work place at ideal prices… Explore and see… your dream city life awaits you … ”

“MYVAN Properties ultimately delivers rightly priced and conceptualized buildings fit for your needs. In its years in existence, MYVAN is the proud developer of three (3) condominium projects spread over different parts of Cebu and Mandaue City, namely VERTU Residences, ATELIER Residences, and CITYSCAPE TOWER; soon, it will launch its fourth project named Cityscape Tower UPTOWN.

MYVAN gives you the lifestyle you crave for, at a price you can definitely meet…

 

Concept of the building:
— fusion of residential condominium and hotel operation (condotel), such that units in the hotel floors
will be managedby a professional hotel operator and owners of such units shall receive rental

revenues,making the ownership of a unit an income-generating investment

— Revenue Percentage Sharing of hotel unit owners with the hotel operator, % share based on floor
area of unit owned
— Absolute ownership of condominium unit through issuance of Condominium Certificate of Title
(CCT)


Building features:

— 16 storey building
— Located in Juana Osmena St., Cebu City
— 3rd to 9th floors are allotted for hotel rooms
— 10th to 16th Floors are allotted for residential condominium

Amenities:

— Hotel Lobby Reception Area
— Two (2) high-speed elevator units
— Indoor Parking
— Wide Roof Deck area with Swimming Pool, function rooms, viewing deck
— Landscape / Zen Garden
— Automatic Fire alarm and sprinkler system
— CCTV Monitoring System
— 100% Standby Generator for the whole building
— Prime Commercial Areas (for Lease): open for Restaurant, Coffee House etc.

Floor Plans (Click to enlarge)

Myvan Cityscape Uptown Floor Plan 12th to 14th floor
Myvan Cityscape Uptown Floor Plan 12th to 14th floor
Myvan Cityscape Uptown Floor Plan 15th floor Residential
Myvan Cityscape Uptown Floor Plan 15th floor Residential
More Photos (Click to enlarge)

Myvan Cityscape uptown - Model unit Kitchen
Myvan Cityscape uptown - Model unit Kitchen
Master's bedroom perspective
Master's bedroom perspective
Myvan Cityscape uptown - Model unit Kitchen pic2
Myvan Cityscape uptown - Model unit Kitchen pic2
Cityscape Uptown - kitchen perspective
Cityscape Uptown - kitchen perspective
Myvan Cityscape uptown - Model unit Dining
Myvan Cityscape uptown - Model unit Dining
Myvan Cityscape uptown - Model unit Living
Myvan Cityscape uptown - Model unit Living


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Myvan Cityscape Uptown Residential unit

Listing #:1521
Price:
1,826,435.91
Floor Area:
22
Date Added:01/22/2011
Views:1708

Condo Residential unit features:

— Studio Type
— Completely Tiled Kitchen and Bathroom Floors
— Granite Kitchen Countertop and Cabinets with sink & faucet
— Balcony &; windows
— Water Closet & Lavatory
— Provision for Telephone and CATV
— Modular Type: can combine 2 or more adjacent units for 2 or more bedrooms

More Photos (Click the thumbnail to enlarge)

Myvan Cityscape uptown - Model unit Studio Living area
Myvan Cityscape uptown - Model unit Studio Living area
Myvan Cityscape uptown - Model unit Kitchen
Myvan Cityscape uptown - Model unit Kitchen


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Myvan Cityscape Uptown Condotel 20.17 sqm floor area

Listing #:1520
Price:
1,896,721.00
Floor Area:
19
Date Added:01/22/2011
Views:1134

MYVAN CITYSCAPE TOWER 2   CONDOTEL UNITS FROM 6TH FLOOR TO 8TH FLOOR

Available floor area from 18.98 square meters to 21.15 square meters.

Condotel unit features:

— the same with residential units except for kitchen countertop and cabinets
— additional features are:
• Beds
• Coffee Table
• Water Heater
• Television with Cable / Internet
• Closet / Dresser
• Bathroom Finishes
• Wall-mounted Airconditioning Unit
• Sofa set (for Presidential & Junior Presidential Suites)
• Minibar (for Presidential Suite)
• Bathtub (for Presidential Suite)

Rental Pool Programme

Owners of the unit may produce rental revenues,making the ownership of a unit an income-generating investment.

It will be managed by a professional hotel management operator

No more association dues or maintenance fees

Enjoy 30 days free stay in the hotel for one year !


Projected Annual Income

85% hotel occupancy rate,which is the average hotel occupancy rate of quality hotels in Cebu

Operating expenses including hotel management fees is estimated at 60% of the total revenues.

The projected annual income of a standard condotel unit would be P167,000.00 so the return of investment can be expected in less than 10 years and from thereon, the owner/investor can earn income perpetually from his unit regardless of whether his unit was rented or not.


Floor Plans (Click the thumbnail to enlarge)

Myvan Cityscape uptown - Floor Plan 6th to 8th floor condotel
Myvan Cityscape uptown - Floor Plan 6th to 8th floor condotel
More Photos (Click the thumbnail to enlarge)

Myvan Cityscape uptown - Model unit Room
Myvan Cityscape uptown - Model unit Room
Myvan Cityscape uptown - Model unit Toilet & bath
Myvan Cityscape uptown - Model unit Toilet & bath


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FLOOR PLANS

Click the thumbnails below to enlarge floor plans

3rd floor plans

 

16 to 17th floor plans

Frequently Asked Questions (FAQ)

 


How does the hotel management work?
— Signing of Memorandum of Agreement (MOA) with the Hotel Operator to enroll under the Hotel
Management Program and use of his unit will be locked in for minimum of five (5) years, renewable
— Share of revenues will be received by unit owner, monthly or quarterly
— Other requirements & privileges of hotel unit owner shall be posted later.

How many days in a year can the unit owner use his/her unit?
— Free use for 30 days, nonconsecutive, (minimal fee may be imposed on consumable items)
— This is an estimate only and may vary upon signing of MOA.

What are the requirements?
  • Reservation Fee of P20,000.00 (non-refundable; non-transferrable)
  • Valid residence certificate / passport
  • 2 Valid IDs
  • 3 pcs, 1x1 pictures
  • Proof of Billing
  • Special Power of Attorney, if applicable
  • Birth Certicate
  • If married: Spouse´s 2 valid IDs Spouse´s valid residence certificate or passport; Spouse´s 1x1 pictures; Marriage Contract
 
After submission of the above requirements, signing of Contract to sell shall follow. To avoid the
cancellation of your reservation and forfeiture of your reservation fee, please comply all the above
documents within 30 days from date of reservation, including payment of your first monthly
downpayment.
 
Signing of Memorandum of Agreement with Hotel Operator (applicable for hotel unit owners).


What are the available Payments and Financing Schemes?

Three (3) available payment terms:

1. Cash
2. In-house financing, maximum term of 5 years.
3. External financing
♦ Bank
♦ Pag-IBIG (Home Development Mutual Fund)
• First monthly downpayment shall commence 30 days from date of reservation.
• 20% Minimum downpayment required, payable in eight (8) equal monthly installments. Depending
on the contract price, minimum monthly downpayment (net of reservation) is Php16,701.00.
• 80% Balance payable for a maximum term of five (5) years in 60 equal monthly payments with
12% interest rate thereon, commencing 30 days from scheduled full downpayment. Depending on the
contract price, minimum monthlydownpayment(net of reservation) is Php33,132.57. If reservation is
made within 1-15th day of the month, the payment is due every 15th day of each month. If the
reservation is made within 16th to the end of the month, payment is due every 30th day of each
month.

Are there any discount? What terms of payment are available?
Several discount packages may be availed depending on terms, as follows:
Spot Cash 100% of TCP 10% Discount
 
Spot Downpayment
  30% SPOT DP ; 70% BAL. SPREAD OVER 18 MONTHS @ 0% INTEREST 2.5% DISCOUNT ON TCP
  50% SPOT DP ; 50% BAL. SPREAD OVER 18 MONTHS @ 0% INTEREST 3.5% DISCOUNT ON TCP
Easy Installment
  20% SPOT DP ; 80% BAL. THRU BANK/PAG-IBIG/IN-HOUSE 3% DISCOUNT ON DP
  30% SPOT DP ; 70% BAL. THRU BANK/PAG-IBIG/IN-HOUSE 4% DISCOUNT ON DP
  40% SPOT DP ; 60% BAL. THRU BANK/PAG-IBIG/IN-HOUSE 5% DISCOUNT ON DP
  50% SPOT DP ; 50% BAL. THRU BANK/PAG-IBIG/IN-HOUSE 6% DISCOUNT ON DP
  100% SPREAD OVER 18 MOS. @ 0% INTEREST 2 % DISCOUNT ON TCP
  20% DP SPREAD OVER 18 MOS. @ 0% INTEREST; 80%BAL. THRU BANK/PAG-IBIG/INHOUSE


What are the available Mode of Payment?
1. Cash or dated checks
2. Post-dated Checks
3. Manager´ss / Cashier´s Check
4. Online Remittance (for buyers abroad)

When is the unit ready for Turnover?

Within 2013


What do I need to know or do prior to turnover or occupancy?

Requirements:

1. Full downpayment
2. Payment of Move-in Fee of 1.5% of the TCP
3. Signed Contract-to-Sell or Deed of Absolute Sale
4. 24 Post-dated checks of monthly amortization, for in-house financing
5. Letter of Guarantee (LOG) & Notice of Approval of Loan (for external financing)
6. Complete Documentary Requirements
7. Payment of any Outstanding Real Estate Tax due from the unit owner
8. Payment of 1 month association dues and issuance of 11 post-dated checks for the association
dues


Turnover Process
1. Notice of Completion shall be sent to advise client when unit is ready.
2. Unit owner will confirm when he/she may inspect unit, within ten (10) days from receipt of notice.
3. Unit owner along with the property administrator will conduct inspection/punchlisting of the unit.
Any rectification of punchlisted items will be done immediately but completion may vary depending on
nature of punchlisted items.
4. Once unit is acceptable, a Certificate of Acceptance and other documents will be signed by the unit
owner.
5. To avoid any delays with the turnover process, please make sure that all required fees and
deposits are settled before unit turnover.
6. If above turnover requirements are completed, clearance from the Association / Property
Administrator will be issued to the unit owner and owner may already occupy the unit and keys to the
unit will be turned over to the owner.
7. Unit owner shall be provided with the Condominium House Rules and Regulations during the
turnover as guidelines for the operation of the condominium building.
8. Any improvements, alteration, or modifications by the unit owner (that will vary from deliverable
unit) may only beintroduced after actual turnover of unit.
9. Certain warranties may be voided by any unit alteration.


Note:
If the unit owner or representative fails to inspect and accept the unit within thirty (30) days from
date of notice of completion, it shall be deemed that the buyer has automatically accepted the unit.


Unit Acceptance thru a Representative

If the registered buyer is not available on the scheduled turnover of unit, his/her duly authorized
representative can accept the unit in his/her behalf.
Requirements:
1. The representative must be submit a duly notarized Special Power of Attorney (SPA). If unit owner
is out of the country, the SPA must be duly certified and authenticated by the nearest Philipppine
Consulate Office where he/she is residing.
2. Copy of ID of Atttorney-in-fact





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