FAQs

Foreign Buyers

Can a foreign national acquire a unit in Primary Homes?

Steps of acquiring a PHI property by foreign buyers:

Foreign Buyers

1. Choose preferred location

2. Choose financing scheme

3. Pay reservation fee in Primary Homes main office or Sm sales office

-accepts cash/ card/ check payment

-email/ fax transaction receipts for telegraphic transfer payments

4. Sign reservation agreement and other related documents. Files will be sent thru post mail if buyer is out of country.

5. Submit necessary requirements

Requirements

-passport

-post dated checks

-special power of attorney

Move-In Guidelines

When can a client move in to their unit?

A. Acquisition under Inhouse financing For Plan A, B, C1 to C4

Payment should be 51% of the Total Selling Price (TSP)
Complete Post Dated Checks and other documents

For Plan C5

Payment should be 30% of the Total Selling Price (TSP)
Credit Investigation Fee and Mortgage Redemption Insurance
Complete Post Dated Checks and other documents
Fire Insurance

B. Acquisition under HDMF/ Pag-IBIG and Bank

Payment of at least 30% of equity
Letter of Guarantee from the financing institution

PSC Building Technology

Who builds the subdivisions and condominiums of Primary Homes?

Since the year Primary Homes started in the real estate business, Primary Structures Corporation (PSC) has long been the general contractor. It is also the mother company categorized as a Triple A construction firm specializing in the delivery of commercial,
industrial, residential and infrastructure projects. PSC is responsible for developing major landmarks in Cebu such as Waterfront Hotel and Casino, I.T. Park\'s i-Towers, City Sports Club, Cebu International School and The Terraces, among others.

One unique technology used by PSC is the PRECAST CONCRETE WALL PANELS which is considered as an advantage compared to other local contractors. Precast wall panels resist the adverse effects of wind, rain, equipment, airborne contaminants, and soil. It also enables faster building enclosure to better satisfy customers.

Leasing

Can Primary Homes manage the lease of the units for me?

Yes, Primary Homes Inc. offers leasing services.

Reservation Fee

How much is the reservation fee?

Reservation fee will depend on the project. Hereunder is the list:

Subdivisions:

Alegria Palms- P30,000.00
Collinwood- P30,000.00 for Phase I, II, III; P50,000.00 for Phase IV; P50,000.00 for RFO units
Garden Bloom Villas- P20,000.00
Brookfield- P30,000.00
Royal Palms Panglao - P30,000
Pinecrest - P100,000
Colorado Homes - P15,000
Casa del Rio - P50,000
Woodcrest Townhouses - P50,000

Condominiums:

Mabolo Garden Flats - P20,000
Avalon- P100,000.00
Woodcrest Residences- P50,000.00
La Guardia Flats I & II - P20,000.00

SALES POLICY

Prices are subject to change without prior notice

PRIMARY HOMES reserves the right to correct errors in the above prices

Reservation Fee is non-transferable and non-refundable

Above prices are inclusive of taxes and miscellaneous fees.

All checks should be made payable to PRIMARYHOMES, INC,