07/04/2022
MATERIALS PROVISION ON CREDIT FOR SOLE PROJECTS
This entails the provision of building materials only to clients, who wish to build with their own Contractors.
Relatively, to Turn Key Scheme, this is one is also charged 15% Interest that is once off incurred on materials purchased for clients.
It has also the commitment fee payable upon contract signing... These commitment fees start from 20% to 50% respectively, and it's charged through types of houses.
This Scheme Boosts Payment duration of up to 180 Months as our maximum tenure.
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EXAMPLE
* 1 Bedroomed House/Bachelor Pad/2&1/2 House With Bedroome, Fitted Kitchen And Combined Common Bathroom
- Actual Materials Cost: P90,000.00 To P120,000.00
- Interest: 15% Once Off
- Commitment Fee: 20% To 30%
- Payment Duration: 12 To 24 Months
* 2 Bedroomed House With Master Ensuite, Combined Common Bathroom, Guest Toilet, Opening Plan Lounge To Kitchen
- Actual Materials Cost: P265,000.00
- Interest: 15% Once Off
- Commitment Fee: 20% To 35%
- Payment Duration: 12 To 72 Months
* 3 Bedroomed House With Master Ensuite, Walk-in Closet, Common Bathroom, Guest Toilet, Fitted Kitchen Opening Plan To Lounge, Dining And Double Garage
- Actual Materials Cost: P300,000.00 To P350,000.00
- Interest: 15% Once Off
- Commitment Fee: 25% To 40%
- Payment Duration: 12 To 84 Months
* 4 Bedroomed House With Master Ensuité, Walk-in Closet, Common Bathroom With 🚿 Shower, Guest Toilet, Fitted Bedrooms, Open Plan Kitchen, Dining To Lounge & Double Garage
- Actual Materials Cost: P400,000.00 To P450,000.00
- Interest: 15% Once Off
- Commitment Fee: 30% To 45%
- Payment Duration: 12 To 96 Months
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