Vigattin Insurance
Real Estate
75 sqm Office Space For Sale in Ortigas Center
₱ 20,206,500.00
0929-888-6303
0917-737-7404
Classification :
For Sale
Condition :
New
Lot Area :
75 sqms
Category :
Real Estate
Subcategory :
Commercial & Industrial
Date Posted :
November 23, 2020
Location :
ADB Avenue, Ortigas Center, Pasig City, NCR
Description:
 
Are you looking to grow your business/invesments in the burgeoning Ortigas Center Business District? Read on!
 
** Pre-selling Phase
** Turnover: 2025
 
The Galleon is a premier development of Ortigas & Company that serves as an ode to the company’s 8-decade legacy. It will be a two-tower development of modern design having an Office for sale, Residential and Retail products which is a unique offering within the heart of Ortigas Center Business District.


PERFECT LOCATION:
With a total of 6,996 sqm in lot area, The Galleon is strategically located right at the heart of Ortigas Center. This puts The Galleon in close proximity to some of the more well-known malls (SM Megamall, Podium) and educational institutions (UA&P, Poveda) enabling it to offer work-life balance to its prospective tenants.

The Galleon is also conveniently surrounded by multiple transportation terminals and MRT stations making it easily accessible for future employees and investors alike.



ACCESSIBILITY:
- 550m from EDSA Ortigas MRT Station
- 1.3km from EDSA Shaw MRT Station
- 350m Robinsons Galleria
(UV & P2P Terminal)
- 900m SM Megamall (UV & Taxi Terminal)
- 900m Future North Ortigas Subway Station
- 1.8km Future South Ortigas Subway Station



OFFICE TOWER & RETAIL PODIUM

“The Galleon” is a mixed-use two-tower property that will rise across the Asian Development Bank by 2025.

The first tower, an office complex, will have 47,000 square meters of net sellable space in 418 units. Average selling price is P266,000 per sqm.

The Galleon’s first tower will be a Grade-A traditional office for sale catering to headquarter type tenants. The tower will be built on top of the Retail podium and will be called “Offices at The Galleon.”



SAMPLE UNIT:
Unit Type: Prime Unit
Size: 75 sqm
Parking: B4-40

TOTAL CONTRACT PRICE: 21,375,000.00 Philippine Currency
UNIT PRICE (VAT Inclusive): 19,475,000.00
Parking Price: 1,900,000.00



Option 1: CASH: 90-10 - 90% in 30 days / 10% Balance on the 74th month - 6% Discount

Selling Price of Unit (VAT Exclusive): 17,388,392.86
Less 6% Discount: (1,043,303.57)
Discounted Contract Price: 16,345,089.29
12% VAT: 1,961,410.71
Parking Price: 1,900,000.00


Total Contract Price: 20,206,500.00

Reservation Fee: 100,000.00
90% Downpayment due in 30 days: 18,085,850.00
10% Balance to be paid on the 74th month: 2,020,650.00

Other Charges:
4% To be paid lumpsum together with the balance: 721,660.71



Option 2: BANK FINANCING: 30-70 - 30% Downpayment Payable in 24 months / 70% on the 25th month through Bank Financing

Selling Price of Unit (VAT Exclusive): 17,388,392.86
12% vat: 2,086,607.14
Parking Price: 1,900,000.00
Total Contract Price: 21,375,000.00
Reservation Fee: 100,000.00

30% Downpayment: 6,312,504.00
Payable in 24 months: 263,021.00

70% Balance to be paid on the 25th month through Bank Financing: 14,962,496.00

Other Charges:
4% To be paid lumpsum together with the balance: 763,392.86



Option 3: DEFERRED: 50-50 - 50% Downpayment in 30 days / 50% Payable in 72 months
Option 4: DEFERRED: 30-70 - 30% Downpayment in 30 days / 50% Payable in 72 months
Option 5: DEFERRED: 10-30-30-30 - 10% Downpayment in 30 days / 30% Payable in 72 months / 30% 6 annual balloon payments / 30% Balance Payable on the 74th month
Option 6: DEFERRED: 10-40-50 - 10% Downpayment / 40% Payable in 72 months / 50% Balance on the 74th month


***Price, unit availability and payment terms may be subject to change without prior notice.
** DIRECT BUYERS Only Please **
 
 


Please feel free to contact me for viewing/more details. 

Thank you!


Ron Lavina
Real Estate Agent
Tina Lavina (Licensed Broker)
License # 22218
09298886303