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Actual Photo of Victoria Model in Villa Lorena 1
(Same model will be offered in Villa Lorena 2)

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Floor Area: 32.6 square meters. House Price: P241,000 Plus lot price (depends on the size of the lot). Available at easy payment terms through Pag-ibig Financing |
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PERSPECTIVE: Rowhouse 2storey Model in Villa Lorena 2

| Floor Area: 48 square meters. House Price: Plus lot price (depends on the size of the lot). Available at easy payment terms through Pag-ibig Financing |
Floor Plan  Click to enlarge |
Major road entrance: Concreted. Underground Drainage System, Individual Septic Tank. Ready Power Supply (VECO), Ready Water Supply Connection (Helpmate)
A) ARCHITECTURAL
- 9 panels 12-Blade Glass Jalousie Windows
- 2 Panels 8-Blade Glass Jalousie Windows
- 1 Panel 5-Blade Glass Jalousie Window
- 3 Flush Doors with Door Jambs
- Interior Floor and Walls - Plaster Finish
- Exterior Walls - Plaster Finish
- Ceiling - Ordinary Plywood
- Roof Framing - C-purlins with Red Lead Primer
- Roofing and Long Span Pre-painted Roofing Sheets
- Firewall Sharing
B. ELECTRICAL
- 5 incandescent bulbs at 25 watts
- 3 units light switches (1 single gang, 2 double gang)
- 3 units Double Convenience Outler
- Electrical Supply Provision
C. PLUMBING
- Toilet Bowl with Water Closet
- Kitchen Sink with Basket Strainer
- 4"X4" Plastic Floor Drain
- Ceramic Tiles on Kitchen Counter
- Ceramic Tiles on Toilet & Bath
- Individual Septic Tank
- Water Supply Piping Provision
Now Pre-selling at Low Introductory Prices !
START OF DEVELOPMENT: 2008
PROJECTED OCCUPANCY DATE: APRIL 2009
Note: Villa Lorena 1 is sold out
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KENRICH DEVELOPMENT CORPORATION |
AWARDED BY HLURB AS LEADING
DEVELOPER IN LAND DEVELOPMENT
CATEGORY FOR REGION VII
FOR THE YEAR 2007
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PAST COMPLETED PROJECTS OF KENRICH
| Villa |
Location |
No of Units |
Year Completed |
| Villa Rosa |
Tayud, Lilo-an, Cebu |
35 |
1999 |
| Power Village |
Paknaan, Mandue City, Cebu |
6 |
1998 |
| Villa Aloha |
Looc, Lilo-an, Cebu |
49 |
2000 |
| Villa Bonita |
Jugan, Consolacion, Cebu |
90 |
2000 |
| Villa Elena |
Tabok-Lamac, Yati, Lilo-an, Cebu |
172 |
2004 |
| Villa Clara |
Yati, Lilo-an, Cebu |
77 |
2003 |
| Villa Reyna |
Yati, Lilo-an, Cebu |
109 |
2004 |
| Villa Marina |
Jugan, Consolacion, Cebu |
63 |
2004 |
| Villa Feliza Uno |
Tungkil, Minglanilla, Cebu |
138 |
2005 |
| CIT Village |
Sitio Tago-tago, Cotcot, Lilo-an, Cebu |
39 |
2005 |
| Villa Anna |
Tayud, Lilo-an, Cebu |
62 |
2005 |
| Villa Feliza Dos |
Tungkil, Minglanilla, Cebu |
119 |
2006 |
| Villa Divina |
Sitio Sambag, San Vicente, Lilo-an, Cebu |
108 |
2007 |
| Villa Lina |
Gethsemane Rd, Casuntingan, Mandaue City, Cebu |
25 |
2007 |
| Villa Ventura |
Bag-ong Dan, Yati, Lilo-an |
68 |
2008 |
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ESTIMATED FINAL COMPUTATION AND APPROVAL BY HDMF: (Philippine Peso) for VILLA LORENA
| LB |
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Loan Amount |
611,600.00 |
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| Model: |
Victoria 3 |
Appraisaed Value |
676,000.00 |
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| Area: |
80 sqm. |
Actual Applied |
611,000.00 |
Estimated Loanable |
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| Lot Price: |
336,000.00 |
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| House Price |
241,000.00 |
577,000.00 |
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| Add: |
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| Transfer Cost |
34,600.00 |
611,600.00 |
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| Guaranty Fee |
9,165.00 |
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| Reservation |
5,000.00 |
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| Processing |
5,000.00 |
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19,165.00 |
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Total |
630,765.00 |
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| Less: |
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| Reservation |
5,000.00 |
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| Processing |
5,000.00 |
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| Payment made: |
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| HDMF take out |
555,532.15 |
608,302.15 |
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| Retention 7% |
42,770.00 |
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Total Equity |
22,462.85 |
remaining equity 6 mos to pay |
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| Schedule of Payments Example: |
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| Reservation |
11/12/2007 |
5,000.00 |
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| Processing |
12/12/2007 |
5,000.00 |
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| Equity |
01/12/2008 |
5,615.61 |
monthly for 4 momths |
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| Family Net Income |
15,700.00 |
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| Monthly Amortization depending on terms of payment: |
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8,752.33 |
10 years |
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7,261.79 |
15 years |
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6,607.90 |
20 years |
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6,276.75 |
25 years |
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6,096.86 |
30 years |
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Notes:
- This only an estimated computation of monthly loan amortization and equity
- The buyer is responsible for gathering all papers with HDMF
- The buyer should pay the equity according to the sample schedule above
- Occupancy of the residential unit shall not be allowed before take out from HDMF
REQUIREMENTS FOR PAG-IBIG LOAN:
- Original copy of MSVS from HDMF
- Summary of HDMF contributions
- Duly notarized certificate of employment and compensation
- Latest Income Tax Return
- 1" X 1" Picture
- Community Tax Certificate
- Duly Notarized HDMF Housing Loan Application Form
- Loan Counselling Questionaire
- Certificate of Non-willingness to deduct from salary
- Bank checking account if you prefer non-payroll deduction onf monthly amortization
- Payslips. Latest one month pay slip prior to submission of documents to HDMF
- Proof of billing
- Photocopy of ID with picture
- (All papers must be 2 copies each)
- Your papers and processing fee shall be due 30 days from date of reservation
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