How do I make a reservation?

To reserve a unit, you need the reservation fee, Client Registration form, TIN, Reservation Agreement. The rest of the requirements can come later.

 

What is the minimum downpayment for move-in at a mid-rise and high-rise development?

The standard downpayment term for mid-rise development os 10-90, and for high rise it is 20-80, unless a certain project is given a certain promo term.

 

If the client paid the downpayment in cash, how long will it take before he can move in at the unit ( for RFO Project)

If the project is RFO (Ready for Occupancy), the turnover of the unit is done after 45 days to 60 days from issuance of clearance, whereby clearance is issued only upon completion of downpayment.

 

What are the terms that you have?

Depending on which project, we have minimum downpayment of 10% to 30% and up to 50%. We also have a 100% Cash option.

 

Can I use Pag-ibig to purchase a property?

Yes you can. But you can only apply for pag-ibig when the project is constructed. If you use opt for pag-ibig, you will initially be under In-house financing will be credited in FULL.

 

What are the financing programs available?

In-house Financing and Bank Financing. In-House Financing only requires post-dated checks while Bank Financing generally requires Proof of income. Bank have lower interest rates compared to In-house financing.

 

What are the accredited bank?

UCPB, Security Bank, Robinsons Bank, PSBank, PNB, Philippine Business Bank, RCBC Savings Bank, Metrobank, Maybank, HSBC, Eastwest, China Bank Savings, Chinabank, BPI, BDO, Bank of Commerce, Unionbank, Asia United Bank.

 

How about the parking?

Parking is a separate computation, separate title. We have covered and outdoor parking. There would be free open parking but this would be first come first served basis.

 

Can I purchase 2 Parking slots if I own only 1 condominium unit?

Some projects allow purchase of more than one (1) parking slots, but majority will only permit one (1) slot per unit.

 

When do I get to move in to my unit?

After completing the minimum down payment you will be tasked to inspect the unit, settle the turn over fees (usually around 40k). This process would take 30-45 days.

 

How long is the warranty period of the unit once turned over? What is the coverage of the warranty?

The Unit has a 2-year warranty period, and the coverage is the workmanship

 

If I opt to have my unit leased out, can DMCI Homes manage the lease of the unit for me?

Yes, DMCI Homes has a leasing management department that takes care of your leasing requirements.

 

If I’m an OFW without a checking account, as is the case with a lot of OFWs, will be company assist us in opening an account for account for the monthly payments of DMCI Homes’ condo purchase?

The assistance for a local checking account should be requested and is subject to finance’s approval or you may use our ADA (Auto Debit Arrangement) if you have a saving accoung int the Philippines

 

What are the requirements if I choose to put the name of the unit under a corporation?

The standard requirements are secretary’s certificate, articles of incorporation, board resolution, and the valid’s IDs of the corporate secretary.

 

How much are the monthly association dues with DMCI Homes?

Association dues vary from project to project. It’s around 35-50 pesos per sqm of the total area of your purchased unit.

 

After full payment of the unit, how long is the processing time for the title to be realeased?

The title is released at least one (1) year from full payment.

 

Do we allow pets in any of our developments?

We don’t generally allow pets In the developments, unless otherwise stipulated in the deed of restrictions.

 

What are the standard distances per building in a mid-rise and high-rise development?

The standard distance is 8 meters on the average.

 

How many meters is the set-back of our developments from the main road and elevation of the development from road level?

The standard set-back and elevation of developments from road level is 3 meters on the average.

 

Are the condominium unit furnished?

No they aren’t furnished. Some projects though have the Home Starter Kit, where you can purchase a package deal for furnishings.

 

What is a single-loaded corridor? What is the Lumiventt Technology?

A single loaded corridor is the standard floor lay out of DMCI Homes developments, where the unit is facing an open area and not another unit, unlike other building developments. Meanwhile, the Lumiventt Building design is a combination of several building design features that aims to maximize the natural benefits of light (Lumen) and air (ventus).

 

This building design, first introduced by DMCI Homes, allows light to enter and fresh air to freely circulate among common areas and even in the resident’s individual units. First introduced in DMCI Homes’ flagship high-rise project. Tivoli Garden Residences near the Makati CBD, it is now present in other DMCI Homes Developments like La Verti Residences in Pasay City and Royal Palm Residences high-rise condos- Rawai and Kamala- in Taguig City.

 

Employing single loaded corridors, three storey high sky patios at the front and back of each building, breezeways at the end of each floor, and central atriums every five floors, Lumiventt basically allows the High Rise Projects to breathe.

Compared to the usual cramped and claustrophobic feeling that is predominant in today’s condominiums, the Lumiventt Advantage promotes healthy breathing and healthy living through wide open spaces, abundant greenery, and the country’s predominant weather conditions.

 

Is there a provision for water heater and washing machine in all unit types?

Some projects offer these provisions, but because of the existence of the service area at the rooftop, the provisions for washer, and dryer are already available there and will therefore no longer be available within the unit. See the specification per project.

 

What are closing fees?

This covers documentary stamp tax, transfer fees, registration fees, notarial and documentation fees, and other administrative and handling fees in order to transfer title to buyer’s name.

 

Closing fees covers documentary stamp tax, transfer fees, registration fees, notarial and documentation fees and other administrative and handling fees in order to transfer title to buyer’s name. This should be settled before you loan from Bank or Pag-Ibig since they require this.

 

How can we see the site?

Just let me know when you wish to visit the site. I can meet up with you at your convenient time and location.

 

I talked to agent and his computations and prices are different from yours?

Computations and prices are all the same across the board for all DMCI Sales channels. If you have different computations, I suggest to have your seller double check this. Before contracts are made, all signed computation sheets go through DMCI Finance Department to check if they are correct and valid.

 

The Unit Types I wanted are all sold out! Is there a way to still get the unit I want?

Yes, we get the latest updates for reopened units. These are announced a day before they are reopened. Reasons for reopening would be, a unit is released from corporate hold, original buyer backs out or transfers to a different unit, Model units are turned over to inventory, etc. Once a unit reopens. It’s going to be “first come, first serve with no option to hold until 12:00 PM”. It is essential that you pretty much know about the unit you are interested in and have your client registration form, reservation agreement and reservation fee ready. For immediate Response and Assistance contact me directly.