Narra Park Residential Lot Davao
Description
Narra Park Residential Lot Davao
Narra Park Residential lot is Nurtura Land and Home’s inaugural project. An exceptional residential community
that is expertly constructed, high-quality, affordable, and inspired by captivating modern Asian design.
Narra Park Subdivision’s strategic location ( Tigatto-Buhangin ) provides convenience and easy access to every
family’s fundamental needs.
We offer (1) Residential lot; (2) Two-storey house with or without balcony; (3) Bungalow standard, Bungalow loft
type.
We offer In-house financing for residential lots.
SAMPLE COMPUTATION FOR RESIDENTIAL LOT
Lot Area: 100 sqm x 17,876.32 ( with VAT)
Total contract Price w/ Processing Fee: P 1,787,632.00
⇔10% Equity: P 178,763
Less Reservation: P 30,000
Net Equity: P 148,763 to be paid after 45 days RS
⇔90% Balance for amortization: P 1,608,869
PROMO: if paid in 3yrs at 0% interest: P 44,691
PROMO: if paid in 4yrs at 0% interest: P 44,691
: 1-3yrs at 0% interest: P 33,518
:4th yr at 12% interest: P 35,737
Additional Property Details
Narra Park Subdivision total land area of 36 hectares, composes of 2 Phases
Phase1: 29 hectares
Phase2: 7 hectares
This project has already HLURB LTS No. 030083
FACILITIES
*18-m RROW Entrance
*15-m RROW Main Road
*12-m RROW Secondary Road
*10-m and 8-m RROW Tertiary Road
FAQ
1. Who is Narra Park?• Narra Park Residences is the inaugural project of Nurtura Land & Home,
Alsons Dev’s new brand for the affordable housing project.
2. What are the products of Narra Park Residences?
• House & Lot
• Open Lot.
3. How will Narra Park Residences enhance its value?
• In keeping the general order of the subdivision, NPR will have “Deed of Restriction”
(DOR), a set of rules more for keeping the harmony, peace & order and security of the
subdivision.
• An Homeowner’s Association will also be organized.
4. Is the subdivision flood free?
• Yes, the original lot owners did not experience any flood before.
• They are still occupying their house located behind the NPR.
• To prevent river scouring, DPWH constructed a gabion wall on the riverside
5. Open lot (PROS): more affordable, offers flexibility in the house design and
features, less maintenance required, good collateral for loans; (CONS) homebuilding
requires a lot more effort on your end, possible additional construction cost and
requirements
6. Lot offers: 1.) 5% discount on the total contract price if paid in cash within 30
days, 2.) 3-5% discount on the equity if at least 10% equity is paid outright, balance
payable in 4yrs with zero interest on the first 3yrs and 12% interest on the 4th yr., 3.)
5-10% discount on the equity if at least 25% equity is paid outright, balance payable in
4 yrs zero interest.
TOP 3 FACTOR TO CONSIDER
1.) Location: Is the property close to essentials? Are there schools nearby? What arethe other developments and landmarks within the proximity.
2.) Green Spaces: Does the property have enough space and fresh air to keep your
family safe and healthy? Are there large, open green spaces in the neighborhood?
3.) Quality: Is the house and the community in general weel-designed? Is the
developer’s track record good and worth the long-terminvestments?
OUR SUBDIVISION MAP
VICINITY MAP
Address
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Address Upper Tigatto, Buhangin, Davao City
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Country Philippines
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Province/State Davao Del Sur
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Postal code/ZIP 8000
Overview
- Property ID 1017
- Price ₱17,877 K
- Property Type For Sale, House And Lot, Residential Lot
- Property status Middle Class
- Bedrooms 0
- Bathrooms 0
- Size 100 m2
- Label Ongoing Construction, Pre-selling
Video
File Attachments
NPR-SAMPLE-COMPUTATION-FOR-MARKETING-06.01.21-OPEN-LOT.pdf
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