Alice Model House – Lancaster New City – Cavite-Housing

Model House Information

House Type: Townhouse
Village: Kensington Village
Community: Lancaster New City
Address: Imus – Gen Trias Cavite
Condition: Brand New
Lot Area: 40 square meters
Floor Area: 40 square meters
Bedrooms: 3
Bathrooms: 1
Storeys: 2
Car Garage: 1
With Balcony: No
Selling Price: Php 985,600

Alice Townhouse has a floor area of 40 sqm and a minimum lot area of 40 sqm. It has 3 bedrooms, 1 toilet & bath, 1 carport and areas for living, dining and kitchen. Monthly payment of just Php 7k – 8k per month.

House Features


  • Kitchen, Dining, Living Areas – 10.85 sqm. (116.78 sq. ft.)
  • Bedroom 1 – 6.20 sqm. (66.74 sq. ft)


  • Bedroom 2 (Master’s): 7.05 sqm. (75.88 sq. ft.)
  • Bedroom 3: 6.30 sqm (67.81 sq. ft)
  • Toilet and Bath: 2.45 sqm. (26.37 sq. ft)




ALICE HOUSE MODEL is exclusively offered in Lancaster New City Cavite. LANCASTER NEW CITY is located in Imus-Gen. Trias, Cavite; Lancaster New City is just 30 minutes away from SM Mall of Asia and NAIA airport via Cavitex; It offers a school, church, supermarket within the community itself.



Sample Computation: Updated August 2016
Turn over status: 6 months onwards
Bank Financing
      Corner unit     End Unit     Inner Unit
Selling Price Php 1,079,232 Php 1,350,272 Php 985,600
Add: Legal and Misc Fees Php 147,168.00 Php 184,128.00 Php 134,400.00
Total Contract Price Php 1,226,400 Php 1,534,400 Php 1,120,000
Reservation Fee Php 7,500.00 Php 7,500.00 Php 7,500.00
1st month to 6th months Php 9,720.00 Php 12,286.67 Php 8,833.33
7th months to 15th months Php 9,290.48 Php 11,604.00 Php 8,491.26
Monthly Amortization: Based on 7.75% (Indicative Rate Only. Prevailing Bank Rates                                              will Apply
20 yrs. Php 16,197.11 Php 12,197.11 Php 8,197.11
15 yrs. Php 17,365.39 Php 13,365.39 Php 9,365.39
10 yrs. Php 19,890.10 Php 15,890.103 Php 11,890.10
5 yrs. Php 27,870.87 Php 23,870.87 Php 19,870.87


Banks affiliated are the following:


In House Financing
       Corner unit       End Unit        Inner Unit
Selling Price Php 1,092,782 Php 1,367,225 Php 997,975
Add: Legal and Misc Fees Php 51,492.38 Php 64,424.25 Php 47,025.00
Total Contract Price Php 1,144,275 Php 1,431,650 Php 1,045,000
Reservation Fee Php 7,500.00 Php 7,500.00 Php 7,500.00
Downpayment Php 14,757.00 Php 18,588.67 Php 13,433.33
Monthly Amortization: Based on 7.75% (Indicative Rate Only. Prevailing Bank Rates                                               will Apply
10 yrs. (21%) Php 18,723.89 Php 23,406.54 Php 17,106.25
5 yrs: (18%) Php 23,667.40 Php 29,591.56 Php 21,620.87

Payment Terms and Conditions

Bank Financing
  • 7% downpayment (for Alexandra,Gabrielle,Margaret,Sophie,Diana and Catherine) payable in 8 months.
  • 12.5% downpayment (for Adelle,Mabelle,Chessa and Briana) payable in 15 months.
  • Total Contract Price includes Taxes, Transfer of Title cost, Bank Charges & Miscellaneous Fees.
  • Interest rate is based on 8% per year (prevailing bank rates will apply upon loan take-out).
  • Loan terms is up to 15 yrs for OFW and 20 yrs. for locally employed.
  • Loan term will depend on Buyer’s age, work position and capacity to pay.
  • Age allowed to loan is 21 – 55 yrs old.
  • In case Buyer’s loan application is not approved by the bank for whatever reason, In-House financing will automatically apply.
  • Accredited Banks: BDO, PNB, China Bank, Metrobank, Security Bank, Planters Bank & UCPB.
  • Insurances like Fire and Mortgage Redemption Insurance (MRI) will be paid separately. Estimated monthly insurances is 0.0005 of loanable amount.
In-House Financing
  • 20% downpayment payable in 12-15 mos. 80% balance loanable to Developer office.
  • Total Contract Price includes Taxes & Miscellaneous Fees only. Title Transfer Cost is NOT included in the price.
  • Interest rate is based on 18% per annum for 5 yr terms and 21% for 10 yrs.
  • Loan terms is up to 10 yrs for OFW and locally employed.
  • Age allowed to loan is 18 – 60 yrs old.
  • Insurances like Fire and Mortgage Redemption Insurance (MRI) already included in the monthly amortization.

Cash Scheme

Typical Selling Price Php 870,000.00
Less: Reservation Fee Php 7,500.00
Selling Price Net of Reservation Fee Php 862,500.00
10% Discount within 7 days from the date of reservation Php 776,250.00
9.5% Discount within 8 to 30 days from the date of reservation Php 780,562.50
9% Discount within 31 to 60 days from the date of reservation Php 784,875.00
8.5% Discount within 61 to 90 days from the date of reservation Php 789,187.50

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