Property Details

Description

Riveraville Subdivision is an affordable residential development in Brgy. Mahabang Parang, Binangonan, Rizal Location & Access • Address: Mahabang Parang, Binangonan, Rizal • Exact spot: 14.464237, 121.205679 • From highway: 3-4 km from main road. If from Binangonan bayan, 1.5 km • Former name: "Sunrise Mahabang Parang" • Near: Manila East Road 1 km away via C. Bolado Ave. 1.5 km to Binangonan Recreation & Conference Center VIRTUAL TOUR: Contact Project Profile • Type: Socialized to economic housing - lots, commercial lots, and townhouses • Status: Pre-selling. Construction started early 2024 • Developer: Not Sta. Lucia, but sold via agents (like: DAVID D. SANTIAGO, View Phone Whatsapp Viber ) Pricing & Unit Types Townhouse - Pre-selling 2024 • Total Contract Price: ₱2,464,000 (inclusive of Misc. Fees) • Lot Area: 50-53 sqm, Floor Area: 44.23 sqm • Spec: 2 Storey, Bare type, 1 T&B, living/kitchen, laundry/service area, 1 car garage • Reservation: ₱10,000 • Bank Financing: 20% DP = ₱492,800, 18 mos to pay. 80% Balance • Pag-IBIG: 30% DP, 70% balance • Other costs: Move-in fees for Meralco & Water ~₱35,000 Amenities • Basketball court • Clubhouse • Function room/party hall • Garden • Walking/jogging track • 24-hour security & maintenance • Entrance gate • Car parking/garage • Power backup, water supply • Wi-Fi connectivity Why buyers consider it 1. Affordable entry: ₱2.46M Townhouse, One of the cheapest in Rizal near Metro Manila 2. Financing options: Bank & Pag-IBIG available. 3. Location: Binangonan is lakeside, cooler than Manila. 1 km to Manila East Rd for access to Angono, Taytay, Antipolo 4. Very accessible: Main road access, near Binangonan town proper 5. With LTS: #riveraville #withLTS per listings Trade-offs: 1. Bare turnover: Townhouse is bare type - you’ll spend for tiles, partitions, ceiling, paint 2. Small cuts: 50 sqm lot, 48 sqm floor is tight for growing family Here’s the quick breakdown for Riveraville if you’re seriously eyeing it: 1. Pag-IBIG Sample Computation - ₱2,464,000 Townhouse • 30% DP: ₱739,200, Less Reservation: ₱10,000 = ₱729,200 net DP • DP terms: If 18 mos = ₱40,511/mo • 70% Loanable: ₱1,724,800 • 30 yrs @ 6.25%: ~₱10,620/mo + MRI/Fire insurance • Income required: ~₱30,500/mo gross • Move-in fees: ~₱35,000 for Meralco + water 2. Cost to Finish a Bare Unit For 48.88 sqm floor area, budget: • Basic finish: ₱350K-₱450K — tiles, ceiling, paint, 2BR partitions, kitchen counter, T&B fixtures • Mid finish: ₱550K-₱700K — add built-in cabinets, better tiles, grills, landscaping • All-in with lot: ₱2.46M + ₱450K finish + ₱35K move-in = ~₱2.95M 3. Buy vs Rent in Angono/Antipolo • Rent 2BR townhouse Antipolo/Angono: ₱12K-₱18K/mo = ₱144K-₱216K/yr • Riveraville Pag-IBIG: ₱10,620/mo = ₱127K/yr • Break-even: ∼3-4 years vs renting, and you own the asset Riveraville wins if: Budget is <₱3M all-in, you qualify for Pag-IBIG, and you’re okay with finishing the unit yourself. For details: DAVID D. SANTIAGO, Sales Manager MegaEast Properties, Inc. (D1-103) PRC RES 18773, (G) WhatsApp , (S) WhatsApp FB: DDSrealtyph; e-Mail: Contact