How To Buy a Condo Unit in Iloilo Business Park

STEP 2: Choosing and Holding Units

Once you have determined the condominium unit(s) you want to own. Request the consultant/agent to temporarily hold the unit(s) until you are able to reserve.

Please understand that some units are not viable to be put on ‘hold’ status, however majority of the units can be temporarily held for clients with the clear intention to officially reserve the property. Holding duration is around 2-5 days.

Whether the preferred unit is held or not, you can proceed to the next step — the reservation.

STEP 3: The Reservation

Here are the requirements to complete the reservation of unit(s):

• Signed REQUEST FOR RESERVATION AND OFFER TO PURCHASE (RROP) form
• Filled-up BUYER’S INFORMATION SHEET (BIS)
• Two valid IDs, preferably passport, driver’s license, or other government IDs.
• Reservation Fee of PHP 25,000 (or less if on promo)

Procedure:

1. Documents and forms will be provided by the Megaworld Iloilo Business Park Consultant/Agent via email or any type of internet transfer.
2. RROP and BIS should be printed
3. Sign at the ‘BUYER’S PRINTED NAME AND SIGNATURE’ section of the RROP form.
4. Fill up BIS as much as possible
5. Send these filled and signed documents back to the consultant/agent via email attachment. Scanned documents are preferred but clear photographs of documents would do.
6. Also send two valid IDs (scanned or photographed)

STEP 4: Payment of Reservation Fee

Megaworld consultants/agents would always advise clients overseas to pay directly to Megaworld via remittance, or depositing money only to official Megaworld Corporation bank accounts. It is discourageg to have payments pass through consultants/agents unless really preferred otherwise.