Overview
Narra Park by Nature Land and Home is envisioned to cater to the Affordable Housing market in Davao City. This market aspires to live in a well-planned, gated, secure, landscaped and organized community- the qualities of Alsons Properties’ upscale developments.The project will boast of large parks that are strategical located inside the subdivision.The 29 hectare community is located in Tigatto, Davao City.There will be two (2) standard house designs with a typical lot cut of 100 sqm and 120 sqm. The houses will be 2-to 3-bedroom units with an Modern Asian theme.Open lots are also available with a typical lot cut of 130 sqm.
TOTAL NO. OF LOT UNITS
Phase 1 : 1, 249 units
Typical Lot size : 100 sqm, 120 sqm, 130 sqm
H&L STANDARD FLOOR AREA & LAY-OUT
Narra Park Residences offers well-designed, lasting homes for the modern Filipino family.
Narra Park Residences offers two elegant home options for families. These include:
*Bungalow
This residential unit has a lot area of 100 square meters and a floor area of 45.31 square meters.It includes two bedrooms, two T&B, and an enclosed service area with provisions for a garage and a loft.
Standard Bungalow – 45.31 sq.m. / 2BR, 2T&B
Sample Computation:
Contract Price: Php 4,837,500.00
Downpayment ( 10%) : Php 483, 750.00
Less Reservation Fee: 30,000
Net DP: Php 453,750.00
DP Payable in 12 months: Php 37,813.00
Est. Loanable Amount (90%) : Php 4,353,750.00
Est. Amortization:
10years Term: 53,399
15years Term: 42,237
20years Term: 37,096
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*Two-Storey
This residential unit has a lot area of 100 or 120 square meters and a floor area of 63.22 square meters. It includes three bedrooms, two T&B, one powder room, and an enclosed service area with provisions for a two-car garage and a balcony.
Standard Two-storey – 63.22 sq.m. / 3BR, 2 and a half T&B
Sample Computation:
Contract Price: Php 6,352,036
Downpayment ( 10%) : Php 635,204
Less Reservation Fee: 30,000
Net DP: Php 605,204
DP Payable in 12 months: Php 50,434
Est. Loanable Amount (90%) : Php 5,716,832
Est. monthly Amortization:
10years Term: 70,188
15years Term: 55,461
20years Term: 42,476
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Options for Expansion
The Narra Park Residences units are designed to conveniently allow expansion plans.
The Bungalow model can readily accommodate a loft, while the Two-Storey model can accommodate a balcony and a carport. These are at the buyer’s option.
Open lots are also available for families who want to build their own dream home or need room for expansion.
- Bungalow w/Loft Option will have a floor area of 63.76 sq.m., 2BR, 2T&B & Loft.
Sample Computation:
Contract Price: Php 5,538,925
Downpayment ( 10%) : Php 553,893
Less Reservation Fee: 30,000
Net DP: Php 523,893
DP Payable in 12 months: Php 43,658
Est. Loanable Amount (90%) : Php 4,985,033
Est. monthly Amortization:
10years Term: 61,143
15years Term: 48,362
20years Term: 42,476
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- Two-storey with Balcony Option will have a floor area of 110.82 aq.m., 3BR & , 2 and a half T&B, carport.
Sample Computation:
Contract Price: Php 6,972,096
Downpayment ( 10%) : Php 697,210
Less Reservation Fee: 30,000
Net DP: Php 667,210
DP Payable in 12 months: Php 55,601
Est. Loanable Amount (90%) : Php 6,274,886
Est. monthly Amortization:
10years Term: 76,963
15years Term: 60,875
20years Term: 53,466
ELEVATION
Narra Park is higher than the Davao River by 9 meters.
CONSTRUCTION METHOD
- Cast-in Place wall using reusable form.
For site Aerial tour click here: https://davaopropertysolutions.com/property/davao-city-real-estate-properties/exclusive-aerial-peek-narra-park-residences-davao-city/
VICINITY MAP :
RELATIVE DISTANCES Travel Time
Buhangin-Diversion Underpass 3.7 km. 7 min.
Davao International Airport 8.6 km. 18 min.
Abreeza Mall 5.8 km. 12 min.
Davao City Poblacion 9.3 km. 20 min.
NOTES, REMINDERS, CONDITIONS and REQUIREMENTS :
WHEN WILL THE HOUSE BE TURNED OVER TO ME?
- House units will be turned-over to the buyer upon:
- Completion of the house unit per schedule;
- Full payment of the Total Contract Price and other related fees;
- Full payment of the equity and receipt of loan proceeds in case of Pag-ibig or Bank financing.
DO I HAVE OPTIONS TO CHANGE THE INTERIOR FINISHES SUCH AS TILES, PAINT?
Yes. Changing interior finishes is allowed once the unit has been turned-over to the buyer. Changes during the construction stage will not be accommodated.
CAN I CHANGE THE FLOOR PLANT LAYOUT?
- Bungalow floor lay-out can be changed provided the owner conforms with the setback requirement stipulated in Narra Park Deed of Restrictions (DOR).
- Two-storey
- Ground floor lay-out CANNOT be changed because its walls and partitions are structural in nature.
- Second floor partitions can be altered provided the unit owner’s structural engineer has approved such alteration.
CAN I ALTER THE EXTERIOR DESIGN OF MY UNIT?
Alteration of the exterior design shall be subject to the rules and regulations of Narra Nature Park Deed of Restrictions.
WILL THERE BE GRILLES AND SCREENS FOR THE DOORS AND WINDOWS?
None. This may be installed by the buyer upon turn-over of the unit.
DOES THE H&L PACKAGE INCLUDE FENCE?
Partial fence is included in the H&L package along the side where the service area is located and the rear side which is a firewall. Fencing is allowed with the following guidelines:
- Front- made of solid masonry, grills or a combination with a maximum height of 1.5m.
- Sides- made of solid masonry, grills or a combination with a maximum height of 2m. Cyclone or mesh wire fence with live vegetation is also permissible but must not be higher than 2m.
WILL THERE BE AN AREA FOR A CARPORT?
- Yes, bungalow unit has an area provision for one (1)-car garage.
- A two-storey unit has an area provision for a two (2)-car garage.
IS H&L PLUS OPEN LOT PACKAGE AVAILABLE IN NARRA PARK?
Yes, H&L plus additional open lot is offered in designated areas.
CAN I BUILD A STRUCTURE ON MY ADJACENT OPEN LOT?
Yes, provided that the building shall conform to the Narra Park Residence Deed of Restrictions.
WHAT ARE THE VILLAGE DUES AND FEES FOR NARRA PARK RESIDENCE?
- Membership initiation fee of P 500.00/unit. All Narra Park Unit owners are mandatoty members of Narra Park Homeowners’ Association
- Initial assessment fee of P4.00/sqm/month.
IS A LOT ONLY PACKAGE AVAILABLE IN NPR?
Yes, Lot only package are available in designated areas.
WHEN CAN I START THE CONTRUCTION ON MY OPEN LOT?
Lot owners may start the house contruction upon completion of the subdivision per schedule and provided that the lotowner has payed the contract amount and other related fees in full.
WHAT ARE THE GUIDELINES I HAVE TO CONSIDER IN THE HOUSE DESIGN?
- House Design
- Buildings shall be of Modern Asian style of architecture and colors that is in harmony with the surrounding landscape, amenities and existing residential units.
- All buildings are limited to a maximum height of nin (9.0) meters measured from any point of the roof to the original grade line directly before it.
- Choice of colors for roofing materials/finishes will be limited to color normally associated with tropical contemporary to.
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Don’t miss out on this incredible opportunity to own a piece of paradise in Narra Park Residences.
CALL #DPSAgents for assistance
0917-312-8263
0917-143-8263
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PRC License No: 0020496 Valid Oct. 12, 2026
DSHUD License No: XI-B-2022/11-066
Valid Until: December 31, 2023
PTR No: 8006353C. Issued Date: 01.12.2023
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Rd. 1 #20 Dona Vicenta Surveyor St,
Bajada Davao City
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