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How to Reserve a Unit in Megaworld Corporation: A Comprehensive Guide

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1. Project Selection and Research

  • Explore Megaworld's diverse portfolio of pre-selling projects across prime locations such as Makati, Cubao, Pampanga, and Cavite.

  • Consider factors like location, unit types, sizes, amenities, and projected completion dates.

  • Attend property exhibitions or schedule a consultation with a Megaworld property specialist for detailed information.

  • You can reach out to Kenneth Leonardo, a trusted property consultant who is ready to assist you with any inquiries you may have.

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2. Financial Planning and Payment Terms

  • Discuss various payment schemes with your property consultant, including:

    • Spot cash options with huge discounts

    • Deferred cash payment plans

    • Bank financing options

    • No down payment schemes (for eligible projects)

    • 0% interest installment plans (where available)

  • Analyze which option best suits your financial capacity and investment goals.

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3. Reservation Process

  • Pay the reservation fee, typically PHP 50,000 up to 100,000 (may vary by project).

  • Payment methods include bank deposit, online transfer, or credit card to Megaworld's designated account or via Aqwire.

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4. Documentation Submission

  • Prepare and submit the following documents:

    • Completed and signed Request for Reservation and Offer to Purchase (RROP)

    • Buyer's Information Sheet (BIS) with accurate personal details

    • Specimen Signature Form

    • Two valid government-issued IDs (e.g., passport, driver's license, UMID)

    • For OFWs or foreign buyers: Additional documents may be required, such as proof of income or employment contract.

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5. Payment Arrangements

  • For local buyers: Submit post-dated checks for the agreed monthly amortization within 12 days of document submission.

  • For overseas clients: Arrange international fund transfers or send checks via secure courier services like FedEx or DHL.

  • Discuss alternative payment methods if necessary, like online bank transfer to Megaworld's designated account or via Aqwire.

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6. Contract Processing

  • Request the Contract to Buy and Sell (CTBS) from your Megaworld representative.

  • Expect to receive official receipts for your reservation fee and subsequent monthly payments via email.

  • Allow 45 days or more for contract preparation and delivery.

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7. Document Review and Execution

  • Carefully review the CTBS and all accompanying documents.

  • Seek clarification on any terms or conditions you don't fully understand.

  • Sign all required pages of the CTBS and other relevant documents.

  • Return the signed documents promptly to your Megaworld representative or the designated office.

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8. Confirmation and Onboarding

  • Receive a welcome letter from Megaworld, confirming your investment.

  • Obtain detailed information about your unit, including the exact location, floor plan, and orientation.

  • Review the payment schedule and ensure you understand all future financial obligations.

  • Register for Megaworld's client portal (if available) for easy access to your account information and payment tracking.

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By following these steps, you'll be well-prepared to navigate the reservation process with Megaworld Corporation. Remember to maintain open communication with your property consultant throughout the process for a smooth and successful transaction. 

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To reserve a unit in Megaworld Corporation, you can reach out to Kenneth Leonardo, a trusted property consultant who is ready to assist you with any inquiries you may have.

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