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Buyers Guide

Are you First time Buyer?
Allow us to guide you to the process and requirements of finding properties that are secure for investments.
​For Both Local and International Buyers.

How to reserve a unit

STEP 1: Request for holding your unit
  • Kindly ask first your agent to hold the unit you prefer. The unit will be temporary hold for 2 days in SMDC Sales Inventory.
  • Your agent will send you an email confirmation that he/she received from SMDC as a proof that the unit is successfully put on hold.

STEP 2: Sending Reservation Fee
  • Once we already have a confirmation of the unit holding, we can now choose an options on how you can send your reservation fee at SMDC Bank Accounts.

For Local Buyers

​​OPTION 1: BDO BILLS PAYMENT
​​Here are the information that you’ll be needing in your Bills Payment Slip at any BDO Branch.
​Please choose the appropriate information:
  1. Company Name:
    • SM Development Corporation  – All Projects Except Chateau, Green,  Trees, South, Cheer and Sail Residences
    • SM Synergy  – Chateau Elysee
    • Vancouver Land Inc. – Trees Residences/ Green 2 Residences
    • Twenty two Fourty One Properties Inc.  – Green Residences
    • SM Prime Holding Inc. - South Residences, Cheer Residences, Sail Residences
  2. Institution Code:
    • 0226 – SM Development Corporation
    • 0300 – SM Synergy
    • 0401 – Vancouver Land Inc.
    • 0311 – Twenty two Fourty One Properties Inc.
    • 0482  – SM Prime Holding Inc.
  3. Subscriber’s account no.:  Please check the 11 Digit Subscriber number on the unit holding details sent by your agent thru email or you may ask your agent about this. (see also step 1: Request for holding your unit)
  4. Subscriber’s Name: Buyers Name
  5. Amount: Reservation Amount

​Note: For Local and Abroad Kindly send thru SMCondo@hotmail.com a scanned or Image Photo of the proof of bills payment slip for issuance of Official Receipt
​OPTION 2: CHECK RESERVATION
​
​​​Prepare a Check for reservation fee. SMDC accepts check for local and international (dollar account only). The reservation fee is Php 25,000 on every unit held. Please see sample below.
Please choose the appropriate information of the Company:
  • SM Development Corporation – For all Projects Except Chateau, Green & Trees
  • SM Synergy – For Chateau Elysee
  • Vancouver Land Inc. – For Trees Residences/ Green 2 Residences
  • Twenty two Fourty One Properties Inc. – For Green Residences
  • SM Prime Holding Inc. - South Residences, Cheer Residences, Sail Residences
Reminders:
  • Pay only under the company name above.
  • Always date the Check to the current date.
  • Write the amounted in figure and in words with no mistake or erase.
  • For meet-up: ask an acknowledgement Receipt for your check.

For international buyers

​Beneficiary Details:​​
  1. Beneficiary/Recipient Name: see beneficiary/recipient name above depends on selected projects you want to reserve.
  2. Beneficiary Account Number: see beneficiary account number above depends on selected projects you want to reserve.
  3. Beneficiary Physical Address: Ground Floor, One E-com Center, Mall of Asia Complex, Pasay City, Philippines 1300
  4. Beneficiary Phone Number: +632 857 0100
  5. Beneficiary’s Bank RTN or SWIFT Bank Identifier Code: BNORPHMM
  6. Beneficiary’s Bank Name: BDO
  7. Beneficiary’s Bank Address, City, State, Zip Code and Country: BDO One E-Com Mall of Asia

OPTION 1: DIRECT REMITTANCES
  1. You may settle your dues at Wells Fargo Bank or at any Remittance Centers.
  2. Kindly take note of the beneficiary information per project
OPTION 2: Online Remittance (for US Based Clients Only)
  1. Sign Up to Remitly.com
  2. Enter the following details of the Beneficiary information.
Note: Kindly send at smcondo@hotmail.com a scanned or Image Photo of the proof of transaction details for issuance of Official Receipt.
STEP 3: Documents to Accomplish
​SMDC Agent will bring the following documents for your details and signature. For international buyers, download and print the following forms and documents to be filled-out.
  • Reservation Agreement (download pdf copy below)
  • Individual Buyers Information Sheet​ (download pdf copy below)
  • New 1904 BIR FORM (download pdf copy below)
  • Prepare also a (1) Government Issued ID (e.g. Driver’s License, Passport, SSS) for both spouses.

All documents must be signed, scanned, and sent at ​SMCondo@hotmail.com
smdc_reservation_agreement.pdf
File Size: 1058 kb
File Type: pdf
Download File
individual-buyer-information-sheet.pdf
File Size: 520 kb
File Type: pdf
Download File
new_1904_bir_form.pdf
File Size: 1610 kb
File Type: pdf
Download File

Basic Requirements


FOR HOLDING A UNIT
  • Signed Reservation Agreement (RA)
  • For Early Occupancy, RA must reflect a unit qualified for the Program (in terms of availability and unit price)
  • For Early Occupancy, SOP must reflect a term qualified for the Program
  • Buyer’s Information Sheet
  • BIR Form 1904 for Spot 20% an above
  • Reservation Fee
  • Complete PDCs (Post Dated Checks)  / AKCA Requirements
FOR LOCAL CLIENTS:
  • Proof of Billing (electricity bill, water bill, phone bill)
  • Photocopy of 2 valid ID’s
  • Latest ITR
  • Optional: Latest Bank Statement or Certification of Deposit (indicating 6 months Average Daily Balance)
In addition:
  • Employed
    •  Certificate of Employment
    •   Latest 2 successive payslip
  • Self-Employed
    • DTI Registration/Sec Papers-Articles of Incorporation
    • Latest 2 year comparative Financial Statement
FOR CLIENTS ABROAD:
  • Proof of Billing (electricity bill, water bill, phone bill)
  • Photocopy of Passport and working visa
In Addition:
  • Employed or retired
    • Certificate of Employment or Letter from Employer supporting employment (OFW)
    • Latest 2 successive Payslip if applicable
    • Latest ITR if applicable
    • Optional: Latest Bank Statement or Certificate of Deposit
    • Retirement Funding Documents
    • Proof of Remittance
  • Self-employed
    • Business Registration Overseas
    • Latest 2 year comparative Financial Statements
    • Latest Tax Declaration Overseas
    • Latest Bank Statement or Certificate of Deposit (indicating 6 months Average Daily Balance)

Accredited Banks

SMDC ACCREDITED BANKS for which you can avail upon applying a bank housing loan to pay for your remaining balance:​​
  • BDO  Unibank
  • Chinabank
  • Bank of the Philippine Islands
  • Philippine National Bank
  • United Coconut Planters Bank
  • Security Bank
  • Hongkong and Shanghai Banking Corporation
  • Robinsons Bank
  • Maybank
  • PSBank