Shang Properties Inc. is the real estate development unit of Kuok Group, one of the world’s most diversified companies and operator of Shangri-La International Hotels and Resorts. “Shang” or “Shangri-La” is practically synonymous with incomparable luxury, and the proof is in the list of projects that carry these names. In the Philippines, there’s Shangri-La Plaza EDSA Plaza Mall in Ortigas Center, an upscale shopping complex, as well as uber-exclusive beach properties like Shangri-La’s Mactan Resort and Spa in Cebu and Shangri-La’s Boracay Resort and Spa in Aklan.
Shang Properties is also a player in the residential market, with its portfolio of premium developments in the metro. It launched its first condominium project, Shang Grand Tower in 2002. The P2 billion, 46-story development was completed on time in 2006 and has been completely sold out since then.
The robust sales of its residential projects has boosted Shang Properties’ profits in 2012, as it reported P3.7 billion in revenues. Condo sales, in particular, increased more than five-fold to P2.05 billion, primarily because of higher bookings from One Shangri-La Place and better completion rates for projects.
HOUSE AND LOT PROJECTS
Using the calculator is straight forward. User enters a "loan amount", "number of months", "annual interest rate". The calculator calculates the number of monthly payments.
The "Payment Method" determines when the first payment is due. With the default selection, "End-of-Period", the first payment will be due one month after the loan is made. If "Start-of-Period" is selected, then the first payment will be due on the loan date.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://financial-calculators.com/loan-calculator
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One Shangri-La Place For RentMandaluyong City, Metro Manila, 1552P175,000/month
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