What are the different modes of payment?

The Reservation Fee may be paid in the form of:

1. Cash or Credit Card
2. Current Dated Checks

• Regular Checks
• Manager’s Checks

1. Over-the-Counter Deposit
2. Online Bank Transfer
3. Wire Transfer / Remittance
4. Online Payment via Ortigas Land website: www.ortigas.com.ph/reservations/reservations
5. PNB’s US Bank Auto Debit via ACH / Overseas Bills Payment

Recurring payments like your Monthly Instalments or Bullet Payments may be paid through:

1. Cash
2. Current Dated Checks
3. Post Dated Checks (PDCs)
4. Automatic Debit Arrangement (ADA)
5. Online Bank Transfer
6. Wire Transfer or Remittance
7. PNB’s US Bank Auto Debit via ACH / Overseas Bills Payment

The Lumpsum / Balance can be paid though the abovementioned modes or through Bank Financing / Bank Loan.

You may pay in Cash or Credit Card

You can settle payments through the following terminals:

Ortigas Land Head Office (cash)

7^th Floor, Estancia West Wing, Capitol Commons

Meralco Avenue, Pasig City 1605, Philippines

(+632) 8631-1231

Capitol Commons Information Center (cash/card)

E. Capitol Dr, Ortigas Center, Pasig City 1605, Philippines

(+632) 8632-0058

Viridian Café (cash/card)

Viridian in Greenhills, Connecticut St., San Juan City 1502, Philippines

(632) 8451-1538

Ortigas East Showroom (cash/card)

Tiendesitas, Ortigas East, Ortigas Avenue cor. E. Rodriguez Avenue, Pasig City 1605, Philippines

(+632) 8396-9880

For questions or concerns, you can reach us at the contact numbers provided above or email us through customercare@ortigas.com.ph.

Current-Dated Check

• Current Dated Checks are checks dated not more than six (6) months prior to encashment. Beyond that, the check is considered stale. Checks with outdated formats, erasures, or alterations, even if countersigned, will not be accepted.
• All checks are payable to Ortigas & Company, Limited Partnership.
• Kindly write down the project and unit number at the back of the check.
•  For questions or concerns, you can reach us at (+632) 5233-2273 or email us through customercare@ortigas.com.ph.

Post-Dated Check

• For recurring payments, Post-Dated Checks can be used so we can encash the checks with dates aligned to your payment schedule.
• All checks are payable to Ortigas & Company, Limited Partnership.
• Kindly write down the project and unit number at the back of the check.
• Checks with outdated formats, erasures or alterations, even if countersigned, will not be accepted.
• For questions or concerns, you can reach us at (+632) 5233-2273 or email us through customercare@ortigas.com.ph.

Over-the-Counter Deposit

For Reservation Fees Payment

For Recurring Payments / Lumpsum Payment

After payment, kindly inform us by sending the supporting documents of the transaction (i.e., Deposit Slip, Bills Payment Slip, Acknowledgment Receipt) for proper crediting:

Online Bank Transfer

For Reservation Fees Payment

For Recurring Payments / Lumpsum Payment

After payment, kindly inform us by sending a screenshot of the transaction for proper crediting. Please include the following details:

Wire Transfer or Remittance

If remitted in USD, we apply the Bank’s buying rate on the date we received the funds. Any excess shall be applied to future payments. Any shortfall shall be collected from the Buyer. This will be adjusted accordingly to the lumpsum / balance.

PNB’s US Bank Auto-Debit via ACH

You can pay for the Reservation Fee, recurring payments, or the lumpsum amount through the Overseas Bill Payment System of PNB Bank. Countries supported are the following:

1. For Walk-ins / Over-the-Counter transactions: Hong Kong, Singapore, Japan, USA, Canada, and the UK
2. For Phone Remit: USA, UK, and France
3. For Bank Transfers and through Post: Japan

A remittance transaction receipt will be issued for each successful payment. Kindly inform and send us this for proper crediting via email:

Automatic Debit Arrangement

Automatic Debit Arrangements allow you to make payments promptly, and hassle-free. The enrolled banks of Ortigas Land are BPI, BDO, and Security Bank. The amount and date for debiting should be aligned with the amounts and dates found in your Final Payment Schedule (Annex A).

How do I apply for Bank Financing / Home Loan?

1. Please contact the bank representative or loan officer of your preferred bank to secure a list of the documents required for bank financing. You may ask them for any clarification on the factors that may affect their evaluation of your financing application, as well as the applicable interest rate, term, and processing timetable. To have an idea of the standard bank requirements, click here.
2. Kindly advise your Property Specialist or email customercare@ortigas.com.ph once you have an Approval of Application or Letter of Guarantee from the bank, with the following details:

Note:

Multiple home loans from the list of accredited banks can be applied for. Accredited Banks are: Metrobank, BDO, BPI, PNB, Chinabank, Unionbank, PSBank, Robinsons Bank, Bank of Commerce, Asia United Bank, and CTBC Bank

How do I apply for Bank Financing / Home Loan?

Standard Bank Requirements

If a borrower is employed:

1. Filled-out Bank Application Form
2. Latest Individual Income Tax
3. Certificate of Employment – original or consularized (indicate salary, position and tenure)
4. Latest 4 months’ pay slips – original
5. Photocopy of valid photo-bearing government ID with signature
6. Photocopy of passport showing proof of regular visits to the Philippines (for Overseas Filipinos)
7. Latest 6 months bank statements
8. If foreigner, client must have Dual Citizenship and/or Oath of Allegiance

If the borrower is self-employed:

1. Filled-out Bank Application Form
2. The latest Income Tax Return
3. DTI Registration and Mayor’s Permit (for sole prop – business owner)
4. SEC Registration and Articles of Incorporation (for corporate – business owner)
5. List of Trade References (fill out in app form)
6. Latest 6 months bank statements
7. Photocopy of title and lease contracts (for rental income)
8. Clinic schedules with address (for practicing doctors)
9. OR/CR, LTFRB franchise and Mayor’s permit (for transport business)

Other requirements:

1. Photocopy of marriage Certificate – NSO copy (if married)
2. Photocopy of Certificate of No Marriage – NSO copy with receipt (if single and never been married)
3. Photocopy of valid photo-bearing primary government-issued IDs with signature
4. Notarized/ Consularized by Philippine Embassy of Special Power of Attorney (Bank Format)

Loan Administrator

Borrower’s authorized representative, if client is working abroad

1. Filled-out Bank Application Form (bank-speicific)
2. Photocopy of valid photo-bearing government-issued IDs with signature
3. Special Power of Attorney – consularized or notarized

On collateral:

1. Photocopy of notarized Contract to Sell or endorsement letter for bank financing from OCLP
2. Latest signed statement of Account from OCLP

Note:

Bank may require additional requirements to facilitate processing of loan application

In-house Bank Financing and Pag-ibig Fund

We regret to inform you that we are currently not offering in-house financing or financing through the Pag-Ibig fund for now. We will immediately include updates here once this service becomes available.

Can I request for a copy of my Payment Schedule?

You may request for a copy of your Payment Schedule directly from your Property Specialist or you can email us with the following details:

Can I request to change my Payment Schedule?

Changing the Payment Schedule thirty (30) days (for local clients) or 45 days (for international clients) after Reservation is made will gain a PHP20,000 redocumentation fee. To request for changes in you Payment Schedule, kindly prepare a Buyer’s Request Form and contact your Property Specialist. You may email us as well for further questions on the process:

Move-in Fees and Other Charges

Move-in Fees and Other Charges constitute the overall Handover Fees to be settled along with the signing of your DOAS for full clearance to Handover your unit.

The Other Charges are paid along with the lumpsum / remaining balance payment of your unit. It is a percentage of the Total List Price of your unit and varies per estate.

Other Charges need to be paid in order to cover for registration fees:

1. Documentary Stamp Tax
2. Transfer Tax
3. Registry of Deeds’ IT Fees
4. CAR/CCT Processing fees
5. Certification Fees (Tax Dec, CCT, Tax Clearance, etc.)
6. Certified True Copy expense

The Move-in Fees are paid after the Notice of Collection is sent to you by Ortigas Land and is needed before you can receive the DOAS for signing.

Move-in fees need to be paid in order to cover certain utilities:

1. Three (3) months equivalent of Association dues for unit, parking and storage if any (1 month advance + 1 month deposit + 1 month Membership Fee)
2. Meralco Security Deposit
3. Water Meter Cost
4. Water Deposit
5. Fire Extinguisher/s (Number dependent on Bureau of Fire; usually 1 per bedroom of a unit)

What are the penalty charges for late payment?

Delays in payment will garner a three percent (3%) Late Payment Charge from the aggregate amount due. For queries related to this, kindly send us an email with the following details:

Can I request for a Sales Invoice and Certificate of Full Payment?

Yes. The following proof of payment can be made available to you:

1. Sales Invoice

 Serves as your official receipt

• A softcopy of your sales invoice will be emailed to your registered email on a monthly basis.
• Hardcopies will be released on a quarterly basis through courier service.
• A separate Sales Invoice will be issued for any purchased parking or storage unit.

 2. Certificate of Purchase

States the total payments made and notifies you of the remaining balance. This is provided upon your request.

 3.  Certificate of Full Payment

States that the Total Contract Price with other charges has been fully paid. This is provided upon you request.

• Apart from the emailed copy, you have the option to pick up a hardcopy of your Sales Invoice, Certificate of Purchase, or Certificate of Full Payment at the Head Office personally or through your Property Specialist if requested.
• If you did not receive your Sales Invoice or if you need to update your registered email where the invoices are being sent, please contact us through email with the following details so we immediately attend to you: