Dreaming of Home

It all begins with a dream. You dream to live closer to work. You dream of a second home that fits the lifestyle you want. You dream of a family home where you and your family can live comfortably. You begin to think of what you need, balance it out with what you want to come up with the perfect picture of your dream home.

Basic Requirements

FIRST STEP in securing your preferred DMCI properties
To be Submitted Prior to Reservation:
1.  Reservation Fee:​​ 
    • Condominium Unit = P20,000
    • Parking Slot (car/motorcycle) = P10,000
    • Mahogany Place 1 & 2
      • House and Lot = P50,000
      • Lot Only = P20,000
    • Mahogany Place 3 = P50,000
    • Oak Harbor Residences   
      • Non-loft Unit    =   P50,000                  
      • Loft Unit           =   P100,000
      • Parking Slot     =   P20,000   
*The reservation fee is non-refundable and is valid for thirty (30) calendar days only.  It can be paid thru cash, check, credit card, or bills payment thru DMCI Homes' bank tie-ups.
 
2.  Photocopy of Valid Government-issued IDs (with photo, signature, and birth date).
3.  Registered Client Registration Form.
4.  Accomplished Reservation Agreement Form.
5.  Buyers' TIN.
6. Proof of Billing

Downloadable Forms:

Client Registration 2018

             Download File

 

Reservation Agreement 2018

              Download File

Other Requirements ​

There may be additional requirements depending on buyer's situation or preference. 

Frequently Asked Questions

   ASSOCIATION DUES

  • Why do I have to pay for Association Dues? The Association Dues are an assessment of the community’s regular operational expenses based on the operating budget and projected expenditures for the year.
  • When will Association Dues start? Payment of association dues automatically starts from the day your unit has been accepted or deemed accepted.

CLOSING FEES

  • What is the scope of Closing Fees? Closing fees cover 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.

TURNOVER FEES

  • Upon unit turnover, buyer will be assessed of Joining Fees, Meralco deposit, water meter deposit, association dues and other charges. Actual computation will be presented prior to turnover of unit.

MINIMUM DOWNPAYMENT

  • What is the minimum downpayment? It depends on the project.  For DMCI Homes earlier projects, minimum downpayment is 10% to 20% of contract price.  While minimum downpayment for newer projects is 20% to 30% of contract price.

PETS

  • Are pets allowed? Yes , most of our condo communities allow two (2) small domesticated pets per unit.

REAL ESTATE PROPERTY TAX (RPT)

  • What is Real Estate Property Tax (RPT)? Real Estate Property Tax is a tax applied to local real estate based on the fair market value of the property. It is paid to the local government where the property is situated.
  • Real Estate Property Tax (RPT) on unit is paid by the unit owner based on its floor area and the developer advances payment of RPT in behalf of its clients and buyers. DMCI Homes (DMCI Project Developers, Inc.) shall release the title to the buyer once the RPT along with the other requirements are settled. From then on, the buyer shall pay the RPT on unit directly to the land tax division of the local government.
  • Payment of RPT on your unit starts from the day your unit has been accepted or deemed accepted.

UNIT ALTERATIONS 

  • Since I have already bought my unit, can I add improvements to it ? You may design your unit  based on your preference  and style. However, since your unit is connected with other units, major alterations must be approved by DMCI Homes (e.g. walls, ceilings, toilet and bath) as these may affect other units. 

WARRANTY

  • Does DMCI Homes provide warranty to my unit? Yes. Your unit is backed by two (2) years warranty on workmanship from the day your unit has been accepted or deemed accepted. Please take note that certain warranties may be voided by alterations.

DISCOUNT

  • How much discount will I get in purchasing my unit ? DMCI Homes offers up to 16% discount depending on your payment option. This will be discussed to you by your Property Consultant.

LEASING

  • I want my unit to be rented out for investment purposes. Do you have a Leasing Department that handles this? Yes, we have a Leasing Department that will assist you in renting out your property. You can visit www.leasing.dmcihomes.com or call them at 632-403-RENT [7368].

Payment Options

Know the best payment option for you.

General Payment Options:
These are the available payment options in purchasing your DMCI Homes unit :

  • 100% Cash
  • 100% Deferred Cash
  • Bank Financing
  • Inhouse Financing

Based on the terms of payment agreed upon  on your signed computation and Contract to Sell, you will be required to begin paying the downpayment within thirty (30) days from the date of reservation.

Downpayment Options 
1. Local Buyers

  • Manager’s Check (for Spot Cash Payment)
  • Automatic Debit 
  • Post dated Cheques

2. Buyers Abroad

  • Manager’s Check (for Spot Cash Payment)
  • Automatic Debit
  • Post Dated Cheques
  • Bills Payment thru DMCI Homes Bank Tie-ups Abroad (remittance)

Note:  Clients based abroad can open a bank account in PNB (any branch abroad) and choose auto-debit as their mode of payment.

Accredited Banks

 
  • Asia United Bank
  • Bank of Commerce
  • BDO
  • BPI
  • Chinabank
  • China Bank Savings
  • East West
  • HSBC
  • Maybank
  • Metro Bank
  • RCBC Savings Bank
  • Philippine Business Bank
  • PNB
  • PS Bank
  • Robinsons Bank
  • Security Bank Savings
  • UCPB
  • Unionbank

Bank Home Loan Application Requirements

Eligibility Requirements

  • Filipino citizen or foreigner (see Visa requirements)
  • At least 21 years old but not exceeding 65 years old upon loan maturity
  • Minimum gross family income of P50,000.00/month.
  • Stable source of income from employment or business
    • If employed, at least 2 years with current company
    • If self-employed, at least 2 consecutive successful and profitable years of operation.

Document Requirements

Basic Documents

  • Signed home loan application form
  • Clear copy of 1 valid ID matching application details
  • Marriage Contract, if applicable
  • For foreigners, photocopy of Alien Certificate of Registration (ACR) showing Visa status as permanent immigrant or Alient Employment Permit (AEP) or Visa ID

Income Documents
    If locally employed

  • Latest Income Tax Return (ITR) or W2, and
  • Latest 3 months payslips or Certificate of Employment with salary breakdown

    If employed abroad 

  • Latest 3 months proof of remittance, or
  • Latest 3 months payslip, or
  • Certificate of Employment or Employment Contract duly authenticated by Philippine Consulate Office, or
  • For seamen, latest Crew Contract and employment history or Crew Contract and Exit Pass from POEA

    If self-employed

  • Business Registration Papers (Certificate of Registration from DTI or SEC, Articles of Partnership or Articles of Incorporation, whichever is applicable)
  • Latest Audited Financial Statements for the last 2 years with lastest ITR
  • Bank Statements (latest consecutive 3 months)
  • Trade References: List of Suppliers and Customers (at least 3 each) or List of Affliated Hospitals/Clinics (for doctors)
  • Lease Contracts and copy of title (for income derived from rental)

Types of Acceptable Visa for Foreigners

  • Quota or Non-Quota Immigrant Visa:
  • Alien spouse of a Filipino citizen (Sec 13A Visa)-  Natural-born Filipinos married to an Alien (Sec 13D Visa)
    -  Returning Resident (Section 13E Visa)
    -  Natural-born Filipinos naturalized in foreign country (Sec 13G Visa)
  • Photocopy of Special Retiree's Resident Visa (SRRV) or Quota/Preference Immigrant Visa
  • Permanent Resident Status and working Visa granted by Subic Bay Metropolitan Authority (SBMA)
  • Working Visa issued to Embassy Officials

Collateral Documents

  • Photocopy of TCT / CCT
  • Lot Plan with Vicinity Map certified by a Geodetic Engineer
  • Master Deed of Declaration of Restrictions (for condominiums)

Additional Documents:
For Refinancing or Loan Take-out

  • Statement of account and official receipts for the last 3 months

Turnover Process

Upon the release of our Documentation Group of your unit’s clearance for turnover, a coordinator from the Turnover Group will call or email you to confirm the dressing up of your unit and to inform you of the tentative turnover schedule along with the turnover fees, which you would have to settle upon acceptance of the unit. A confirmation from you is required to start the unit dress-up.
On the date of your unit’s turnover, you will be asked to inspect your unit and sign the Acceptance Document that states that the unit is acceptable to you. If there will be requests to rectify some items, these will be noted in the punchlist form and shall be endorsed by the Turnover Group to the Construction Group for proper action. The final turnover will be rescheduled until further notice depending on the quantity or scope of rectification works.
 

Once you are satisfied with your unit’s condition, the unit will be immediately turned over. You will be asked to sign a Certificate of Acceptance, complete Meralco application documents and settle the Turnover Fees, which covers the following:

  1. Meralco Service Deposit
  2. Power Bill Deposit
  3. Water Bill Deposit
  4. One-time joining fee for Condominium Corporation
  5. Monthly Association Dues: Prorated for the current month and two (2) months advance
  6. Other special assessments

You will be introduced to the Property Management Office (PMO) for briefing and orientation regarding condominium policies, rules, and regulations. You shall be given a Homeowner’s Manual and the complete set of keys for your unit.
If the Principal Buyer is not available on the scheduled turnover of unit, an Authorized Representative may accept the unit on his/her behalf provided the following must be presented:

  1. Special Power of Attorney (SPA)
  2. Two (2) Valid IDs of the Authorized Representative
  3. Photocopy of one (1) Valid ID of the Principal Buyer

If you fail to inspect and accept your unit within thirty (30) days from the date of the written notice from the Turnover Department, it will be deemed that you have legally accepted the unit. Charging of Association Dues shall automatically commence from the day that your unit has been accepted or deemed accepted.