17/12/2025
Here’s a clear, step-by-step guide on how to buy a condominium with SMDC Heights in the Philippines — whether for living in or as an investment:
🏢 1. Choose a Unit & Payment Term
• First, decide which SMDC condominium project and specific unit you want. Projects are located in Metro Manila and other key cities.
• You can ask us for a list of available units, prices, and payment term options (e.g., spot cash, installment, bank financing).
📝 2. Sign Reservation Forms
• You’ll be given a Unit Reservation Form and Client Registration Form to fill out.
• Submit these forms via email or in person to start the reservation process.
💰 3. Pay the Reservation Fee
• After you choose a unit, you pay a reservation fee to hold the unit under your name and secure the discounts.
• Payment methods include:
* Bank or wire transfer direct to SMDC account
* GCash / Maya / online payment partners
* Credit Card
📄 4. Submit Required Documents
Once you’ve paid the reservation fee, you have about 30 days to submit documents for your purchase:
For Individual Buyers
• Valid government IDs
• TIN (Tax Identification Number) / BIR Form 1904
• Proof of income (varies if employed, OFW, or self-employed)
For Buyers Abroad
• Scanned IDs first, then original notarized documents or Special Power of Attorney later.
(Corporations have additional requirements — SEC docs, board resolution, etc.)
📊 5. Downpayment & Payment Schedule
• After your reservation is accepted and docs are submitted, SMDC will send a Schedule of Payments (SOP) showing downpayment and monthly amortizations.
• You pay your downpayment either in cash, in installments, or with bank financing depending on your payment plan.
• Some promotions (e.g., “Move In Now”) may allow very low initial downpayments like 5% spot downpayment + 5% over 12 months, with the balance via bank loan or lump sum.
🏦 6. Bank Financing (Optional)
If you’re not paying cash for the full amount, you can apply for a housing loan with one of SMDC’s partner banks, such as:
* BDO, BPI, PNB, China Bank, Security Bank, UnionBank, Robinsons, PSBank, Maybank & more.
Banks will require proof of income, IDs, tax returns, etc., and will evaluate your eligibility.
🏁 7. Contract to Sell & Signing
• After paying required downpayment percentage (often at least ~5%) and completing requirements, SMDC prepares your Contract to Sell (CTS).
• You sign and return it; SMDC then countersigns and notarizes the documents.
🗝 8. Unit Turnover
• When the full balance is paid (cash or financing obtained), you’ll receive a Notice of Acceptance and can proceed with unit inspection and turnover — checking the condition before taking possession.
📌 Important Tips
✔ Ask about promotions — SMDC often has payment promos like lower downpayments.
✔ Check total costs — aside from purchase price, there are taxes, dues, and other fees.
✔ For bank loans, prepare complete financial documents to avoid delays.
✔ Communicate with SMDC or an authorized property specialist for updated prices, terms, and promos.
For more info, send us a message:
Ser Alwin Satorre
SMDC Heights, ADPI
+639179559910 (Viber/WhatsApp)
