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.
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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 Orange Bills Payment Slip at any BDO Branch.



Please choose the appropriate information:

1. Company Name:

• SM Development Corporation  – All Projects Except Chateau, Green & Trees
• SM Synergy  – Chateau Elysee
• Vancouver Land Inc. – Trees Residences/ Green 2 Residences
• Twenty two Fourty One Properties Inc.  – Green Residences

2. Institution Code:

• 0226 – SM Development Corporation
• 0300 – SM Synergy
• 0401 – Vancouver Land Inc.
• 0311 – Twenty two Fourty One Properties 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: Kindly send the scanned or Image Photo of the proof of bills payment slip for issuance of Official Receipt to your International Sales Associate at bariasherwin@gmail.com


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

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. All Projects Except Chateau, Green & Trees

• Beneficiary/Recipient Name : SM Development Corporation
• ​Beneficiary Account Number : 006280113239
• Beneficiary Physical Address: Ground Floor, One E-com Center, Mall of Asia Complex, Pasay City, Philippines 1300
• Beneficiary Phone Number: +632 857 0100
• Beneficiary’s Bank RTN or SWIFT Bank Identifier Code: BNORPHMM
• Beneficiary’s Bank Name: BDO
• Beneficiary’s Bank Address, City, State, Zip Code and Country: BDO One E-Com Mall of Asia

2. Chateau Elysee

• Beneficiary/Recipient Name : SM Synergy Properties Holdings, Inc.
• ​Beneficiary Account Number : 006280056227
• Beneficiary Physical Address: Ground Floor, One E-com Center, Mall of Asia Complex, Pasay City, Philippines 1300
• Beneficiary Phone Number: +632 857 0100
• Beneficiary’s Bank RTN or SWIFT Bank Identifier Code: BNORPHMM
• Beneficiary’s Bank Name: BDO
• Beneficiary’s Bank Address, City, State, Zip Code and Country: BDO One E-Com Mall of Asia

3. Green Residences

• Beneficiary/Recipient Name : Twenty Two Forty One Properties, Inc.
• ​Beneficiary Account Number : 006280105244
• Beneficiary Physical Address: Ground Floor, One E-com Center, Mall of Asia Complex, Pasay City, Philippines 1300
• Beneficiary Phone Number: +632 857 0100
• Beneficiary’s Bank RTN or SWIFT Bank Identifier Code: BNORPHMM
• Beneficiary’s Bank Name: BDO
• Beneficiary’s Bank Address, City, State, Zip Code and Country: BDO One E-Com Mall of Asia

4. Trees Residences/ Green 2 Residences

• Beneficiary/Recipient Name : Vancouver Lands, Inc.
• ​Beneficiary Account Number : 006280271942
• Beneficiary Physical Address: Ground Floor, One E-com Center, Mall of Asia Complex, Pasay City, Philippines 1300
• Beneficiary Phone Number: +632 857 0100
• Beneficiary’s Bank RTN or SWIFT Bank Identifier Code: BNORPHMM
• Beneficiary’s Bank Name: BDO
• 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 bariasherwin@gmail.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
• Individual Buyers Information Sheet
• Terms of Payment
• New 1904 BIR FORM
• Prepare also a (1) Government Issued ID (e.g. Driver’s License, Passport, SSS) for both spouses.

Guide on how easy to fill-out the following documents

​RESERVATION AGREEMENT

​On the upper part of the form, write your Name (First > Middle > Surname), same with your spouse or co-buyer.



​At the bottom part of the form, affix your signature on the left side under the “BUYER” of the document. Right side for spouse or co-buyer.



INDIVIDUAL BUYERS INFORMATION SHEET

​If single, “check the solely in my name”. If married or with co-buyer write the name of your spouse or co-owners.



​Please fill out all the necessary details asked in the“Buyer” section. At the mailing address, kindly check where do you want SMDC mail your documents (Official Receipts, Contract to Sell, Letters from SMDC).


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If married or with a co-buyer, fill out the details in the “Spouse/Co-Buyer Information” section.



​Both buyers should sign on the “BUYER/S” part.




TERMS OF PAYMENT

​Affix your signature on “buyer’s signature over printed name”. For married or purchasing with a co-buyer, the other party should affix his signature on the “co-buyers signature over printed name” box.



NEW 1904 BIR FORM

​On part 1, kindly fill-out your necessary information especially Mother’s Maiden Name and Father’s Name on section 9 and 10.



​Skip the part 2 and proceed to part 3 section 33: Declaration, write your full name and sign.



All documents must be signed, scanned, and sent at bariasherwin@gmail.com

BASIC REQUIREMENTS

FOR HOLDING A UNIT

• Signed Reservation Agreement
• For Early Occupancy, RA must reflect a unit qualified for the Program (in terms of availability and unit price)
• Signed Schedule of Payment
• 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 / AKCA Requirements

FOR CREDIT INVESTIGATION

FOR CLIENTS ABROAD:

• Proof of Billing (electricity bill, water bill, phone bill)
• Photocopy of Passport and working visa

In Addition:

• Employed or retired

1. Certificate of Employment or Letter from Employer supporting employment (OFW)
2. Latest 2 successive Payslip if applicable
3. Latest ITR if applicable
4. Optional: Latest Bank Statement or Certificate of Deposit
5. Retirement Funding Documents
6. Proof of Remittance

• Self-employed

1. Business Registration Overseas
2. Latest 2 year comparative Financial Statements
3. Latest Tax Declaration Overseas
4. Latest Bank Statement or Certificate of Deposit (indicating 6 months Average Daily Balance)

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

1. Certificate of Employment
2. Latest 2 successive payslip

• Self-Employed

1. DTI Registration/Sec Papers-Articles of Incorporation
2. Latest 2 year comparative Financial Statement

ACCREDITED BANKS

SMDC ACCREDITED BANKS for which you can avail upon applying a bank housing loan to pay for your remaining balance:​

1. Banco De Oro
2. Chinabank
3. Bank of the Philippine Islands
4. Philippine National Bank
5. United Coconut Planters Bank
6. Security Bank
7. Hongkong and Shanghai Banking Corporation
8. Robinsons Bank
9. Maybank
10. SBank

​For your reference, you will be provided of the application form and here are also the lists of the requirements for employed and self-employed clients.

​If Employed :

• Application Form
• COE with compensation
• Income Tax Return / 2316
• Valid IDs
• Married Certificate (if married)
• Bank Statements / Proof of Billings
• NCTS

Employed Abroad/retired:

• Proof of Billing on Address (electric bill, water bill, phone bill)
• Photocopy of Passport and working visa
• Certificate of Employment or Letter from Employer supporting employment (OFW)
• Latest 2 successive Payslip if applicable
• Latest ITR if applicable
• Retirement Funding Documents
• Proof of Remittance​

If self-employed/ Business

• Application Form
• Photocopy of Audited financial for the last 2 years with BIR stamp
• Single Proprietorship – Certificate of Business Registration (DTI)
• Bank Statement or photocopy for the last 3 months
• Proof of income
• Trade references : List of suppliers & Customers ( at least 3 )
• Lease contract and Copy of title ( for income derived from rental)
• Articles of Incorporation and By-laws
• Company profile
• Photocopy of 2 government issued IDs (signatories) affix 3 specimen signatures

​If self-employed abroad/ Business

• Business Registration Overseas
• Latest 2 year comparative Financial Statements
• Latest Tax Declaration Overseas
• Latest Bank Statement or Certificate of Deposit stating 6 mos. ADB