FAQs

Q?

Will the homeowners get full access to the amenities?

A.

Full access will be granted to all the free facilities at Bayswater for all the registered homeowners and their family members who are residents of Bayswater.

Q?

When is the turn-over of the unit?

A.

The unit will be available for turnover when:
• For Pag-IBIG or Bank Loan:
-Upon loan take-out

• For in-house Financing:
-Upon payment of 50% of the total contract price and with the complete post dated cheques for the remaining balance and provided there were no delinquency incurred during the term. Completion of Horizontal construction

Q?

When is the start of the construction of my unit?

A.

The construction of your unit will commence when:
• For Pag-IBIG bank loan;
-Full payment of equity
-Completion of Horizontal construction.

• For in-house Financing:
-Upon payment of 50% of TCP, with complete post dated cheques for the remaining balance and provided there were no delinquency incurred during the term.
-Completion of Horizontal construction.

Q?

Are there other incidental costs?

A.

Though the Total Contract Price is inclusive of taxes and move-in fees the Homeowner’s Association dues and utility connections are buyer’s obligations.

Q?

How to avail of the different financing schemes for the remaining balance?

A.

a.) Pag-IBIG financing
• Applicant must be currently employed and an active member of Pag-IBIG for the past twenty four (24) months at least.
• Must attend a seminar for comprehensive information on their qualification and availment.
• Other requirements may be necessary such as special power of attorney, working visa or remittance slips.
b.) Bank Financing
• Duly assigned Application Form (Bank)
• Documents may be required by the chosen bank.
• May be required to open a checking account.

Q?

What to do after reservation?

A.

Per our reservation agreement, the monthly amortization for the down payment of your chosen house and lot shall start 30 days from the reservation date.

Q?

What are the required documentations for reservation?

A.

We will assist and advise you the best way to comply with all the documentation requirements for the various payment and financing options.
Standard Requirement are as follows:
One of either:
• Birth Certificate (principal/spouse)
• Marriage Contract
We also require either of the two of the following documents:
Photocopy of Passport (principal/spouse)
Residence Certificate (principal/spouse)

Along with:
• Tax Identification Number
• 2 Valid IDs
• Proof of Billing
• 4 pieces latest 1x1 inch ID pictures (principal/spouse)
• Post –dated checks for remainder equity if applicable
Submission of these documents is within (15) days after reservation.
Other documentation requirements may vary according to the preferred financing scheme.

Q?

How much is the required reservation fee?

A.

There is a corresponding reservation fee for every inventory:
• Champaca P40,000.00
• Adelfa P40.000.00
• Orchidia P40.000.00
• Sampaguita P40.000.00
• Magnolia (All types) P30.000.00
• Gumamela P20.000.00

Q?

How do I purchase a unit at Bayswater?

A.

You are welcome to visit any of our offices below or to come on-site office at Bayswater where we will be happy to show you around and answer your queries you may have before we sign the required documents with you.

Corporate Office:
Suite 501
Cebu Holdings Center
Cebu Business Park, Cebu City

On-Site Office
Bayswater Subdivision
Agus Road
Marigondon, Lapu-Lapu City

Mandaue Office

If you are unable to attend in person we can be contacted on: (0063) 516 3113 or (0063) 415 8090

There is also an email enquiry from here
Alternatively your local real estate agent will be able to assist you in purchasing a house at Bayswater

Q?

What are the different house inventories of Bayswater?

A.

Townhouses:
• Sampaguita
• Magnolia Interior with Garden
• Magnolia Perimeter with Garden
• Magnolia Regular
• Gumamela
Single Detached Houses:
• Champaca1
• Champaca2