
Mivesa Garden Residences
Salinas Drive Extension, Lahug, Cebu City

Mivesa Garden Residences is a masterplanned garden community, with integrated open spaces that covers 60% of a prime 1.8 hectare property located right in the MIddle of VEterans and SAlinas Drive. This 3-phase project has a total of 7 mid-rise buildings ranging from 6-10 floors. Pocket parks, amenities, pedestrian walkways and jogging paths are distributed throughout the development to create an attractive landscape and provide an ideal venue for neighborhood building, family-bonding and healthy-living.
THE INSPIRATION
Designed to outfit the needs of the active Cebuano, the amenities of modern urban living are set amidst a relaxing environment to make your own home your easy respite at the end of a long day. At MiVeSa Garden Residences, the grass is greener on your side.
HLURB TLS Nos.: 27165 (Phase 1) & 29535 (Phase 2)









Amenities & Facilities
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Multi-Level Clubhouse with swimming pool, gym and lounge area
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Phase 1 Pavilion with swimming pool
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Generous open spaces at 60%
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Pocket parks at each tower block
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Meditation garden
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Landscaped gardens and hardscapes
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Pedestrian Pathways and Jogging Paths
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Wi-Fi hotspots in amenity areas
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Guardhouse, Gate and Perimeter Fencing
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Retail Arcade
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Ample Guest Parking
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24-hour CCTV security system
Tower Features
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1.5 m wide corridors
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2 passenger elevators
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Garbage room per floor
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Ground floor parking
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100% back-up power system
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Property management services
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Laundry cages on rooftop
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Centralized Reception Area at Tower 1
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Lobby and Reception
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Administration and Security office
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Mailroom
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Unit Features
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Painted wall and ceiling slab
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Vinyl floor planks
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T&B complete with shower, faucet, lavatory, and mechanical exhaust
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Kitchen base cabinets with granite counter tops
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Provision for kitchen exhaust system
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Provision for cable TV, telephone/internet
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Individual utility meters
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Fire detection and suppression system
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Provision for window-type airconditioning system.

Studio Unit
Floor Area: 20.30 sqm
Total Selling Price (Inclusive of Taxes and other related charges) P 1,827,556.60
20%Equity (Subject toBank/Pag-ibig's Approval) P 365,511.32
Less: Reservation Fee (Non-Refundable & Non-Transferable) P 15,000.00
Net Equity P 350,511.32
Monthly Equity for 24 months P 14,604.64
80%Estimated Loanable Amount P 1,462,045.28
TERM: Amortization
YEAR 5 (Balance Payable in 60 months) P29,136.86
YEAR 10 (Balance Payable in 120 months) P17,765.69
YEAR 15 (Balance Payable in 180 months) P14,470.28
YEAR 20 (Balance Payable in 240 months) P12,966.93
YEAR 25 (Balance Payable in 300 months) P12,319.53
YEAR 30 (Balance Payable in 360 months) P12,830.49

1 Bedroom
Floor Area: 39.77 sqm
Total Selling Price (Inclusive of Taxes and other related charges) P 4,370,933.35
20%Equity (Subject toBank/Pag-ibig's Approval) P 874,186.67
Less: Reservation Fee (Non-Refundable & Non-Transferable) P 15,000.00
Net Equity P 859,186.67
Monthly Equity for 24 months P 35,799.44
80%Estimated Loanable Amount P 3,496,746.68
TERM: Amortization
YEAR 5 (Balance Payable in 60 months)PHP 69,686.08
YEAR 10 (Balance Payable in 120 months)PHP 42,489.88
YEAR 15 (Balance Payable in 180 months)PHP 34,608.29
YEAR 20 (Balance Payable in 240 months)PHP 31,012.77
YEAR 25 (Balance Payable in 300 months)PHP 29,464.39
YEAR 30 (Balance Payable in 360 months)PHP 30,686.45