Davao Best Deal Properties_Eden Ridge

FACTS

TOTAL NO. OF LOTS & LOT SIZES
• 98 lots with typical lot sizes of 500 and 955 sqm.

PRICE / SQM as of July 1, 2014
• P6,600- P7,150 (prices are subject to change without prior notice).

DISTANCES
• Toril District Proper - 15 km. 20 min.
• Davao City Proper - 30 km. 40 min.
• Davao International Airport - 40 km. 60 min.

UTILITIES
• Water will be sourced from the Barangay Water System while the power will be served by DLPC. Every house is required to have an individual water reservoir to be connected to the subdivision’s water system or for rainwater collection.
• Telecommunication in the area is accessible through all major mobile phone networks. Lot owners may also apply directly with phone companies for a wireless landline (e.g. Bayantel Span).

FACILITIES
• Gate and Guardhouse
• Roads
o - 12 - meter ROW for main road
o - 10 - meter ROW for secondary road
• Underground Drainage System
• Sewage Treatment Facility
• Seven (7)-foot Perimeter Wall
• Streetlighting
• 24-hour Village Security

TARGET COMPLETION DATE & HOMEBUILDING SCHEDULE
• End 2013

MEMBERSHIP & ASSESSMENT FEES
• One time membership fee of P500/lot. All Eden Ridge lot owners immediately become members of the Eden Ridge Homeowners’ Association
• Assessment fee of P4.00/sqm/month for three (3) years subject to annual review.

HIGHLIGHTS OF THE DEED OF RESTRICTIONS
House Design
• Buildings shall be of Asian Tropical type of architecture and colors that are in harmony with the surrounding landscape, amenities and homes.
• Choice of colors for roofing materials/finishes will be limited to colors normally associated with Asian Tropical tones such as shades of dark brown and dark green. Exterior walls are in beige, deep cream, gray or white. Light materials (e.g. sawali, nipa, bamboo and cogon) shall not be allowed for any building structure except as interior and exterior finishes of the building.
Height Restrictions, Buildable Area, Setbacks & Easements
• Buildings are limited to a maximum height of nine (9.0) meters measured from any point of the roof to the original grade line directly below it, except for lots with special height restrictions.
• The total building footprint shall not exceed 40% of the lot area.
• The setback/easement is measured from the surface of the wall/column of the building to the property line. Buildings will have a setback of five (5) meters from the property line fronting the street that serves as the service access to the building. The rear side of the property will have a setback of four (4) meters from the property line. While a setback of three (3) meters from the property line is required for the sides of the lot not fronting the street. If the lot has more than one (1) side fronting the street (e.g. corner lots and thru lots), only one (1) side will have a setback of five (5) meters from the property line. The other side fronting the street will have a setback of three (3) meters from the property line.
Special Restrictions on Designated Sites
• In order to preserve certain sites of scenic and environmental value and interest; as well as to ensure the preservation of the Eden Ridge development concepts and philosophy, the Developer shall specify special restrictions on the development of certain blocks and/or lots upon finalization of grading, as follows:
o Blk. 12 Lots 1-8
o Blk. 7 Lots 6-10
House Fences
• Fences for sides of the lot that are facing the road and/or a Linear Park may be of solid masonry, grilles, wood, plants or combination thereof and have a maximum height of ONE (1)METER from the elevation of the sidewalk, or the original grade line in case of elevated lots. All lots adjacent to the Linear Park will have a maximum fence height of ONE (1)METER.
Homebuilding
• Homebuilding is allowed upon 100% completion of the subdivision and full payment of the lot.
• No temporary building, shack, barn, or other structures shall be erected, except by builders during the construction period to serve as a warehouse for the construction materials and a bunkhouse for the construction workers.
• To ensure that violations and damages resulting from any house construction project are immediately corrected and rectified at the expense of the Lot Owner, a P200,000.00 Cash Deposit per house construction application is required.
• Administrative and Processing Fees include:
o P 1,500.00 non-refundable for processing of house and lot plans
o P 1,000.00 per month administrative charges (minimum of ten months) paid in advance
o Mobilization Fee of P20,000.00 for maintenance of roads and drainage due to heavy equipment traffic and construction debris.
o P50.00 for each worker’s ID.
o Water service connection fee including water meter. (Lot Owner will be advised of service connection cost before start of homebuilding.)
Refer to the complete set of Eden Ridge Deed of Restrictions for the details pertaining to the Lot Owner / Home Owner Responsibilities, the Homeowners' association and the Homebuilding guidelines.