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Home > Veloce Tower Mall

Project Location: Barangay Sto. Rosario Angeles City

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​ANGELES CITY — An Italian-inspired hotel is set to rise within the city’s heritage district.
Veloce Tower Mall, developed by Ayda Development Realty Corporation (Ayda), will rise in Barangay Sto. Rosario in June 2014.

Ayda representative Finnella Ayson said the new tower mall will boast several amenities such as a gym, swimming pool and a chapel.

“We aim to change how people look at Angeles City’s skyline,” Ayson said.
The soon-to-rise tower mall was revealed during a grandiose launch dinner held on Saturday at the Widus Conference Center in Clark Freeport.

Ayson said the goal of Veloce is to redefine Pampanga’s lifestyle standards while paying homage to the city’s heritage with a unique timeless structure.

“Veloce actually means velocity in Italian, and this inspires us to create a venue that mimics the steady rate of speed that the city is experiencing,” Ayson said adding that their development was likewise influenced by the growth of Angeles over the past years.

“We believe that whole local government is doing a tremendous job in keeping the city’s businesses to consistently grow and expand – and such is the reason why we chose Angeles as the venue for our project,” Ayson said.
During the launch, Vice Mayor Vicky Vega-Cabigting expressed her gratitude to the proprietors, and welcomed the project with much enthusiasm.

“I would personally like to congratulate Veloce and Ayda for choosing Sto. Rosario – the heart of the city – as its venue. In recent years, most developments in Angeles happen outside this area, which is why we are truly grateful to the Ayson’s for this project,” Vega-Cabigting said.

“Furthermore, Veloce’s development coincides with Mayor Edgardo Pamintuan’s vision to beautify the Sto. Rosario heritage district by removing the so-called “spaghetti wiring” of telecommunication companies (telcos) and the establishment of the first ever Angeles City Plaza there,” the vice mayor added.

In a statement, Pamintuan concurred, saying that “Angeles City is slowly becoming a center, not only of business, but of education, medical facilities and even culture & arts – the rise of Veloce is a testament to all of that.”

Currently, the tower mall has several available condominium units for sale, and their floor areas range from 30 to 55 square meters. Commercial spaces are also up for leasing. The tower is located near several shopping centers, hospitals, the church, and schools, and is seen to be operational on June 2014.

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SAMPLE COMPUTATION July 29, 2019

Unit Type: Studio
Size In Sqm: 26.7
Total Contract Price: 2,937,000.00
Reservation Fee: 30,000.00

SPOT CASH (Full Amount)
​

Less 8% Discount w/ in 7 days of reservation  195,016.80
Less 6% Discount w/ in 30 days of reservation  146,262.60

​Amount payable if w/ in 7 days  2,711,983.20
​Amount payable if w/ in 30 days

2,760,737.40

SPOT DOWN PAYMENT (10-10-80) 7 DAYS
​10% down payment  293,700.00
Less 6% Discount w/ in 7 days of reservation  146,262.60
less reservation fee 30,000.00
Amount payable if w/ in 7 days  117,437.40

10% spread in 12 mos  24,475.00

SPOT DOWN PAYMENT (10-10-80) 30 DAYS
10% DOWN PAYMENT  293,700.00
less 4% Discount w/ in 30 days of reservation  97,508.40
less reservation fee  30,000.00
Amount payable if w/ in 30 days  166,191.60

10% spread in 12 mos  24,475.00

DEFERRED CASH(36 MOS)
TCP  2,937,000.00
less reservation 30,000.00
whole amount spread in 36 mos  80,750.00

NO DOWN PAYMENT
20% DP  587,400.00
less reservation  30,000.00
Net DP  557,400.00
Down Payment spread in 24 mos   23,225.00

80% BALANCE for Bank Financing   2,349,600.00
5 Yrs 47,641.42
10 Yrs  28,507.13
15 Yrs 22,454.00
​20 Yrs 19,653.00
  

​Unit Type: One Bedroom
Size In Sqm: 28.35
Total Contract Price: 3,118,500.00
Reservation Fee: 30,000.00

SPOT CASH Full Amount (10-10-80) 7 days
Less 8% Discount w/ in 7 days of reservation  207,068.40
Less 6% Discount w/ in 30 days of reservation  155,301.30

​Amount payable if w/ in 7 days  2,881,431.60
​Amount payable if w/ in 30 days
2,933,198.70


SPOT DOWN PAYMENT (10-10-30) 7 DAYS
​10% down payment  311,850.00
Less 6% Discount w/ in 7 days of reservation  155,301.30
less reservation fee 30,000.00
Amount payable if w/ in 7 days  126,548.70

10% spread in 12 mos  25,987.50

SPOT DOWN PAYMENT (10-10-80) 30 DAYS
10% DOWN PAYMENT  311,850.00
less 4% Discount w/ in 30 days of reservation  103,534.20
less reservation fee  30,000.00
Amount payable if w/ in 30 days  178,315.80

10% spread in 12 mos  25,987.50

DEFERRED CASH(36 MOS)
TCP  3,118,500.00
less reservation 30,000.00
whole amount spread in 36 mos  85,791.67

NO DOWN PAYMENT
20% DP  623,700.00
less reservation  30,000.00
Net DP  593,700.00
Down Payment spread in 24 mos   24,437.50

80% BALANCE for Bank Financing   2,494,800.00
5 Yrs 50,585.55
10 Yrs  30,268.81
15 Yrs 23,841.61
​20 Yrs 20,867.51
  

Unit Type: Two Bedroom
Size In Sqm: 42
Total Contract Price: 4,620,000.00
Reservation Fee: 30,000.00

SPOT CASH (Full Amount)
​

Less 8% Discount w/ in 7 days of reservation  306,768.00
Less 6% Discount w/ in 30 days of reservation  230,076.00

​Amount payable if w/ in 7 days  4,283,232.00
​Amount payable if w/ in 30 days

4,359,924.00

SPOT DOWN PAYMENT (10-10-80) 7 DAYS
​10% down payment  462,000.00
Less 6% Discount w/ in 7 days of reservation  230,076.00
less reservation fee 30,000.00
Amount payable if w/ in 7 days  201,924.00

10% spread in 12 mos  38,500.00

SPOT DOWN PAYMENT (10-10-80) 30 DAYS
10% DOWN PAYMENT  462,000.00
less 4% Discount w/ in 30 days of reservation  153,384.00
less reservation fee  30,000.00
Amount payable if w/ in 30 days  278,616.00

10% spread in 12 mos  38,500.00

DEFERRED CASH(36 MOS)
TCP  4,620,000.00
less reservation 30,000.00
whole amount spread in 36 mos  127,500.00

NO DOWN PAYMENT
20% DP  924,000.00
less reservation  30,000.00
Net DP  894,000.00
Down Payment spread in 24 mos   37,250.00

80% BALANCE for Bank Financing   3,696,000.00
5 Yrs 74,941.55
10 Yrs  44,842.68
15 Yrs 35,320.90
​20 Yrs 30,914.83
  

Unit Type: Three Bedroom
Size In Sqm: 56.79
Total Contract Price: 6,246,900.00
Reservation Fee: 30,000.00

SPOT CASH (Full Amount)
​

Less 8% Discount w/ in 7 days of reservation  414,794.16
Less 6% Discount w/ in 30 days of reservation  311,095.62

​Amount payable if w/ in 7 days  5,802,105.84
​Amount payable if w/ in 30 days

5,905,804.38

SPOT DOWN PAYMENT (10-10-80) 7 DAYS
​10% down payment  624,690.00
Less 6% Discount w/ in 7 days of reservation  311,095.62
less reservation fee 30,000.00
Amount payable if w/ in 7 days  283,594.38

10% spread in 12 mos  52,057.50

SPOT DOWN PAYMENT (10-10-80) 30 DAYS
10% DOWN PAYMENT  624,690.00
less 4% Discount w/ in 30 days of reservation  207,997.08
less reservation fee  30,000.00
Amount payable if w/ in 30 days  387,292.92

10% spread in 12 mos  52,057.50

DEFERRED CASH(36 MOS)
TCP  6,246,900.00
less reservation 30,000.00
whole amount spread in 36 mos  172,691.67

NO DOWN PAYMENT
20% DP  1,249,380.00
less reservation  30,000.00
Net DP  1,219,380.00
Down Payment spread in 24 mos   50,807.50

80% BALANCE for Bank Financing   4,997,520.00
5 Yrs 101,331.68
10 Yrs  60,633.71
15 Yrs 47,758.90
​20 Yrs  41,801.26
  


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