TORRE DE MANILA

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News Advisory (Torre De Manila)

To Our Stakeholders and to the public:

DMCI Homes will immediately comply with the Supreme Court's Temporary Restraining Order (TRO) that our counsel received yesterday. DMCI Homes is studying its remedies in light of the TRO, including a motion to lift it as soon as possible so as not to compromise our completion target and protect the interest of our condominium unit buyers.


We will do our best to minimize any damage or inconvenience to all our stakeholders while we comply with the TRO. DMCI Homes is committed to undergo the judicial process, and we will vigorously pursue all legal remedies to obtain a fair and just resolution of the issues raised about the Torre de Manila project.

DMCI Homes' Official Statement about Torre de Manila dated June, 17 2015

Torre de Manila DMCI Taft Avenue Luneta - Price and Payment Terms

Pricing

For DMCI Homes, a fast-growing residential property developer focusing on the middle-income market, affordability is key. Since DMCI Homes is both builder and developer, it has full control of the project quality and schedules, thereby giving clients a product of high quality and timely turnover with prices that are competitive and within reach of the middle income market. True to its promise of affordable housing, buyers of Torre de Manila's units will enjoy flexible financial schemes that can fit one’s salary inflow. Light on the pocket financing is available for installment payments, with a low equity of 20 percent. The balance of 80 percent could be paid at low interest rates and longer terms thru its partner funding institutions.

Payment Terms

Minimum Downpayment

For a DMCI High-Rise condominium development, usually 20% minimum downpayment payable over construction period is required with a reservation fee of Php 20,000.

Discount

Depending on the payment term, various discounts are applied. Additional 2% PDC discount is given also provided complete documents and PDCs are submtted within 30 days from reservation date.

Balance
Balance may be settled through in-house or bank financing.

As in other projects of DMCI Homes, Torre de Manila DMCI Taft Avenue Luneta will have flexible payment schemes offered with partner-banks.

Accredited Banks

  • Banco de Oro
  • United Coconut Planters Bank
  • Philippine National Bank
  • BPI Family Savings Bank
  • China Bank

 

Torre de Manila DMCI Soon to Rise along Taft Avenue Ermita Manila !!!


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