THE RIDGES SUBDIVISION
The Ridges is one of our first-class residential enclaves within Arcenas Estate.
A well-planned estate with luxurious homes and a commercial complex. The Arcenas Estate’s unique location is a perfect
blend of fresh hillside surroundings and proximity to the city center.
AMENITIES:
- Park
- Playground
- Swimming pool
- Wading pool for Kids
- Activity lawn
- Concrete activity pad
ACCESSIBILITY:
- 5 minutes to the nearest departments stores, groceries and supermarkets
- Walking distance to restaurants and recreational facilities
- 15-20 minutes travel to Ayala Center Cebu, Cebu IT Park
- 25 minutes travel to SM City Cebu
- 10 minutes travel to down town and nearest schools and universities
Subdivision Plan (Click the thumbnail to enlarge)
UPDATED AS OF MAY 19,2023
DUPLEX
HOUSE DETAILS
- Floor Area: 148 sqm.
- Lot Area: 112 sqm.
- 1 Master’s Bedroom
- 2 Regular Bedrooms
- 1 Maid’s Quarter
- 3 Toilet & Bath
- 1 Powder Room
- 2 Carports
Total Contract Price: 18,795,600.00
Total 30% Down payment: 5,638,680.00
- 10% Down payment/Equity: 1,879,560.00
- Less Reservation Fee: 200,000.00
Net 10% Down payment: 1,679,560.00 to be paid 15 days after reservation date
- Another 20% Down payment: 3,759,120.00
- Monthly Equity: 313,260.00 in 12months after the 10% spot payment
- 70% Remaining Balance thru Bank Financing OR CASH
- Loanable Amount: 13,156,920.00
DUPLEX – UNIT C
HOUSE DETAILS:
- BLOCK 1 LOT 7
- Floor Area: 155 sqm.
- Lot Area: 194 sqm.
- 1 Master’s Bedroom
- 2 Regular Bedrooms
- 1 Maid’s Quarter
- 3 Toilet & Bath
- 1 Powder Room
- 2 Carports
Total Contract Price: 25,808,760.00
Total 30% Down payment: 7,742,628.00
- 10% Down payment/Equity: 2,380,876.00
- Less Reservation Fee: 200,000.00
Net 10% Down payment: 2,180,876.00 to be paid 15 days after reservation date
- Another 20% Down payment: 5,161,752.00
- Monthly Equity: 147,478.00 in 35 months after the 10% spot payment
- 70% Remaining Balance thru Bank Financing OR CASH
- Loanable Amount: 18,066,132.00
Floor Plan C (Click the thumbnail to enlarge)
Floor Plan C&D (Click the thumbnail to enlarge)
DUPLEX – UNIT D
HOUSE DETAILS:
- BLOCK 3 LOT 7
- Floor Area: 194 sqm.
- Lot Area: 155 sqm.
- 1 Master’s Bedroom
- 2 Regular Bedrooms
- 1 Maid’s Quarter
- 3 Toilet & Bath
- 1 Powder Room
- 2 CARPORT
Total Contract Price: 25,415,640.00
Total 30% Down payment: 7,624,692.00
- 10% Down payment/Equity: 2,541,564.00
- Less Reservation Fee: 200,000.00
Net 10% Down payment: 2,341,564.00 to be paid 15 days after reservation date
- Another 20% Down payment: 5,083,128.00
- Monthly Equity: 145,232.00 in 35 months after the 10% spot payment
- 70% Remaining Balance thru Bank Financing OR CASH
- Loanable Amount: 17,790,948.00
Floor Plan D (Click the thumbnail to enlarge)
Duplex interior (Click the thumbnail to enlarge)
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