Spot Cash Discount
SPOT CASH means full payment of the Total Contract Price (TCP) within a specified period from the date of reservation.
Spot Cash Discount is computed based on the Selling Price of the property. Selling Price means the price of the property excluding legal miscellaneous fees (Title Transfer Cost, admin fee, notarial fee, etc.) and reservation fee.
Spot Cash Discount Table
|Spot Cash Payment Date starting from Reservation Date||Discount|
|Within 7 days||10.00%|
|Within 30 days (1 month)||9.50%|
|Within 60 days (2 months)||9.00%|
|Within 90 days (3 months)||8.50%|
|Within 120 days (4 months)||8.00%|
|Within 150 days (5 months)||7.50%|
|Within 180 days (6 months)||7.00%|
|Within 210 days (7 months)||6.50%|
|Within 240 days (8 months)||6.00%|
|Within 270 days (9 months)||5.50%|
|Within 300 days (10 months)||5.00%|
|Within 330 days (11 months)||4.50%|
|Within 360 days (12 months)||4.00%|
Spot Down Payment Discount
SPOT DOWN PAYMENT or FULL DOWN PAYMENT is payment of the complete down payment within a specified period from the date of reservation.
ONLY PRE-SELLING UNITS are entitled to Spot Down payment Discount. Ready for Occupancy units are no longer entitled to Spot Down payment discount since the house/unit is already constructed or construction is on-going.
Spot Down Payment/Full Down Payment Discount is computed based on the Net Down Payment of the property. Net Down payment means required down payment less the reservation fee.
Spot Downpayment Discount Table
|Spot Downpayment Date from Reservation||Discount|
|Within 30 days (1 month)||7.50%|
|Within 60 days (2 months)||7.00%|
|Within 90 days (3 months)||6.50%|
|Within 120 days (4 months)||6.00%|
|Within 150 days (5 months)||5.50%|
|Within 180 days (6 months)||5.00%|
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