Forum Topic

*Condo Unit or House and Lot?

  • @tech_hero
    yup tama ka bro, mostly ng ayala mini-cities like ayala(makati) CBD are for long term lease lang, minimum lease nung nag inquire kami dati is 50 years, may mga project si ayala inside ayala cbd na perpetual ownership pero mostly hindi.. incase na magkaron ng problem sa condo nila na binenta by perpetual ownership and the condo corporation members(owners) decide to sell the land, ang prioriting bibili ng lupa is ayala din, ginagaya na din ito ng SM, like sa MOA area ..

    ang kinagandahan lang nito is may sure buyer ang corporation if ever kekelanganin gibain ung building..

    same situation sa country na hawak ng british queen elizabeth, ang lupa na nasasakupan ng queen is pag mamayari nya at puro long term lease lang ang contract.

    -- edited by desvillar on Nov 27 2019, 03:10 PM
  • thanks mga sir sa info, good to know

    yun nga rin pagkakaalam ko sa Ayala CBD, pero did not know na pati sa BGC rin pala
    may mga natanungan pa kasi ako dati sa BGC na perpetual ownership, although that was 2 to 3 years ago pa

    in any case, best talaga to read the fineprint and confirm kung ano yung binibili mo
  • Kakalipat ko lang din sa Acacia Estates recently. So far sa building namin kami pa lang naka move-in. Lol.

    Mahal din maglagay ng gamit, and napaka higpit ng PMO, I guess para na din eto sa sa aming mga tenants.

    So far my travel time to work is cut in half, and from 50kms to 16kms daily.

    Hassle lang mag design kase updated/new version pala yung layout namin sa Maple Place, walang magayahan sa Youtube hehe.

    Pansin ko lang din ang ganda nung sound insulation ng unit, compared to SMDC and Cityland. Madami pang construction na ginagawa, and in spite of that, almost hindi mo dinig sa loob.

    -- edited by TheUninvited on Nov 27 2019, 11:45 PM
  • TV topics ulit...
    during the turn over orientation, minor improvement (incl. interior, fencing at bubong para sa dirty kitchen), sabi hindi na raw kelangan ng plano galing sa license engineer and bldg. permit galing munisipyo. Pero nung nag inquire ako, sabi kelangan daw bago ma aproban at makapag request ng bldg. permit. Sa mga nkalipat na, meron ba idea kung magkano ang babayaran para sa bldg. permit? thanks
  • Sabi nung iba mag rarange daw ng 2k to 3k plus daw. Nabasa ko lng sa group chat. Nagpaextend daw sya ng likod tpos nagbayad sya ng construction bond na 15k.
  • got a letter from the developer na mag-increase yung misc fees namin, normal ba na nangyayari yun? biglang nadagdagan ng around 70k eh, kesyo increase in fees daw na nakapaloob sa misc fee.
  • para saan daw ginagamit yun misc fees? what if the developer decides to increase again after sometime, ano ang laban nyo dun kasi parang lugi kayo? nakasulat ba sa kontrata nyo na anytime pwede sila magdeclare ng increase?
  • per contract to sell:

    1.7 MISCELLANEOUS EXPENSES – Expenses in connection with the Deed of Sale/Mortgage, such as but not limited to, transfer taxes, registration fees, processing fees and other necessary and miscellaneous fees/expenses related to the transfer of title to the BUYER shall be borne by the latter in addition to the selling/contract price agreed herein.

    a. In case of any increase in tax rate or new/additional taxes, fees and/or other government charges levied after the signing of this contract, the increase and/or new/additional taxes/fees shall be for the account of the BUYER, and the final contract price and/or any amount indicated herein shall be correspondingly adjusted;

    b. All expenses and charges for the installation of certain utilities/services such as but not limited to water and electric meters, shall be for the account of the BUYER, non-payment for certain utilities/services may cause delay of turn-over of property to the BUYER without the fault of the SELLER;

    c. In case of any documentary changes, payment adjustments and UNIT(s) modifications that may be requested by the BUYER in relation to the purchase, the SELLER reserves the right to charge applicable/necessary/incidental taxes, fees and penalty charges. The change and/or requests will be subject to SELLER’s discretion and may be implemented only upon written request and written consent of the SELLER;

    d. Costs and expenses chargeable to the BUYER, including but not limited to insurance premiums and other miscellaneous charges;

  • yun lang nakablack and white and malinaw na nakasulat.
    ang pwede mo nalang gawin ay hingi ng break down nung sinasabi nilang nagincrease na fee (not sure if there is a way how to verify if talagang nagincrease nga)
  • Post deleted #12271267
  • @requiem_inferni

    Di kaya effect yan ng increase sa documentary stamp tax? Yan din worry ko dati when I was about to pay the misc. fees, buti na lang hindi pa ko inabot.
  • ^
    Kasama na siguro yun dun sir pero masyadong malaki ang 70k kung doc stamp tax lang
  • Hello Good AM.

    Question sa mga nakapag-loan and transfer of titles na. paverify naman po sana nito.

    Bank loan fees
    -Filing fee
    -Handling fee
    -notarial fee
    -Registration fee
    -Documentary Stamp - PN
    -Documentary Stamp - REM
    -Fire Insurance

    Transfer of Title
    -Documentary Stamp
    -Transfer Tax
    -Registration fee
    -Processing fee

    Medyo magulo yung part ng registration fee at documentary stamp.
    Talaga bang magkaibang payment para sa dalawa. o pwede na gamitin yung registration fee at doc stamp ng loan para sa transfer of title?
    bukod sa parang nadoble. anlalaki pa ng fee para sa mga yan.

    Thanks sa mga sasagot

    -- edited by nadxiseya on Jan 03 2020, 10:35 AM
  • ^
    Magkaiba talaga yun sir

    Yung sa bank is para sa preparation ng contract mo with them

    Yung sa RD is para sa transfer ng title sa pangalan mo, or sa paglagay ng annotation sa title
  • Mga sir question,

    Under construction pa yung house and lot namin. Around 60-70% completed na sya. Nakausap ko yung foreman, sabi nya mali daw yung pwesto ng hagdan namin, baka palitan nila na imbis na isang mahaba, gagawin hahatiin sa 2 so magkaka ikot sya para maka akyat sa taas.

    Question, if turn over na and di namin nagustuhan or iba sa model house yung unit namin, pwede bang ipabago or palit unit or worst cancel namin yung pagbili ng bahay? Thanks!
  • ^
    Pwede mong hindi ituloy yung pagbili ng bahay pero i don't think may mababalik sa iyo na pera
    If naka loan yan sa bank and ide-default mo, papangit naman yung credit record mo

    Ang alam ko kasi, once na complete mo yung DP, mag start na sila i-process yung transfer ng title sa name mo, so technically, sa iyo na yung lupa na tinatayuan nya, naka encumbered nga lang sa bank

    This is just me, pero mas gusto ko yung design ng stairs na may paliko, kesa yung tuloy tuloy na isang diretso
  • Anyway, iclarify mo siguro kung anong naging problem, like bakit sa model unit isang diretso pero sa unit nyo, bakit hindi kakayanin na ganung design
  • Parang ang mahal na ng condo ngayun, last year lang may nakita ako nanagbebenta ng studio type for around 1M to 1.5M. Then ngayun nasa around 3M na studio type lang. May kinalaman ba ito sa edad ng building?
  • ^
    Mabilis lang talaga tumaas sir, lalo na yung nasa magandang location, mabilis din kasi yung movement. Minsan lottery pa para lang makakuha ng slot magpa reserve

    Dagdag mo pa na hindi nauubusan ng buyers, dami kasing bumibili na chinese
    Naalala ko 2 years ago nung nagpapa reserve ako sa dmci, meron kaming nakasabay na agent, may bumili sa kanya ng 20 units, isang buyer lang na chinese
  • Mataas ang demand at sa panahon din ngayon na grabe na ang trapik, samahan mo pa ng Chinese na naghahanap ng unit din. Sinasamahan pa ng developer taasan ang value
  • Also, mahal na talaga lahat ngayon.

    Mas pansin mo kase yung pagmahal ng mga bilihin kung mas matagal ka ng kumikita ng pera, business or salary or others man.
  • any recommendations po for banks with lowest interest rates? hindi panaman kami magpapagawa ng house.

    balak lang po kasing irenovate and gamitin sana namain ung title as collateral for renovation.

    any suggestions po?
  • Security bank pero mas ok kung personally ikaw mag iinquire sa ibat ibang banks
  • @krest

    Metrobank yung pinaka mababa ko na natanungan lately, pero ikot ka lang sa mga banks and ask for their rates

    note lang na iba ang rate ng home acquisition vs home equity loan, usually by 1% or more
  • any recommendations po for banks with lowest interest rates? hindi panaman kami magpapagawa ng house.

    balak lang po kasing irenovate and gamitin sana namain ung title as collateral for renovation.

    any suggestions po?


    you can check RCBC
  • mukhang need ko po lumipat sa ibang place. meron po ba kayong masuggest na good place na allowed ang pets and may parking preferrably near makati or within makati na rent na apartment/condo sana. looking at townhomes din near manila are since ang daming biglang bagong gawa.
  • ^
    same with this. looking for a place, preferably within Pasig (feasible spot para accessible samen ni misis ang workplace namin).
    with pets, with baby. preferred townhouse/single detached/within subd na rent to own.

    kung wala, ok na rin condo haha..

    andami ko nakikita sa FB Marketplace honestly, iniisip ko pa ways pano ko ma finance ung DP's.
  • ^hirapa humanap pala ng aprtment hahaha first time kong maghahanap sobrang liit ng square meters sa lamudi tapos madalas hindi pa pwede pets and no parking. -_- kapag okay nako mid year, maginvest talaga ako ng isang pre-selling place if ever
  • mga ser, tanong ko lang about Condo..
    tapos na po kami sa paghulog nung downpayment, waiting na lang po kami for transfer fee..

    pero nasa labas po kami ng Pinas..
    magkano po ngayon ang estimate gastos ng transfer fee?

    puwede po kaya mag hintay pa kami in a few months para makaipon ng transfer fee bago kami magbayad para maayos na yung actual monthly payment?

    thanks po sa sasagot..
    sorry po noob lang sa ganito
  • ^
    Transfer fee for title ba yung tinutukoy mo?

    Kung yung misc expenses sa pagtransfer ng title, depende ang cost sa developer
    si DMCI nasa 10% ng cost ng condo, si Robinsons nasa 6%
    Dapat nabigyan ka ng estimated cost nito before ka nagpa reserve

    Yung timeline ng payment, not sure kung gano kahigpit yung developer sa part na to. Pero sa iba kaai, pumapayag sila na isama tong cost na to sa ilo-loan mo sa bank