Buying a condominium is one of the biggest financial decisions you'll make. If you're considering a DMCI Homes property — you've already made a smart shortlist. DMCI is one of the Philippines' most trusted developers, known for resort-style amenities, solid construction, and strong resale value. Here's everything you need to know to buy with confidence.
Step 1: Choose Your Property
Start by identifying your priorities: location, budget, unit size, and timeline. DMCI offers two main categories:
- Ready for Occupancy (RFO) — Move in now. These units are fully constructed and ready for turnover. Ideal if you need to relocate soon or want to start earning rental income immediately.
- Pre-Selling — Invest early at a lower price. You pay in installments during construction, and take possession at turnover (typically 2–4 years away). Better for investors looking to maximize appreciation.
Browse the full listings at Ready for Occupancy and Pre-Selling, filterable by city and price range.
If you're an OFW or investor, RFO units generate rental income the moment you take over — without waiting for construction to finish. Pre-selling gives you a better entry price but requires patience.
Step 2: Pay the Reservation Fee
Once you've chosen a unit, you secure it with a reservation fee. DMCI's standard reservation fee is ₱20,000 for most communities. This amount is deducted from your total contract price.
After reservation, you'll receive a Reservation Agreement and a DMCI representative will walk you through the payment schedule. The unit is officially off-market the moment you pay.
Step 3: Downpayment
DMCI's typical downpayment is 20% of the total contract price, spread over a flexible period:
- Short-term (12–24 months) — Higher monthly amortization, but you free up the balance sooner.
- Long-term (36–48 months) — Lower monthly outlay, ideal for buyers who are still building savings or waiting for an OFW remittance cycle.
DMCI also runs promotional downpayment terms (e.g., 12% DP over 36 months) during certain periods. Ask Kris for the latest promos.
Step 4: Balance Payment — Bank or In-House Financing?
After completing the downpayment, the remaining 80% balance is settled either through:
Bank Financing (Most Common)
- Borrow from BDO, BPI, Metrobank, PNB, or other accredited banks.
- Typical tenor: 5 to 20 years. Interest rates currently range from 6.25% to 8% per annum.
- You'll need payslips, ITR (or OFWS's OEC + employment contract), and bank statements.
Pag-IBIG Housing Loan
- Available to active Pag-IBIG members. Maximum loanable amount: ₱6 million.
- Competitive interest rates starting at 6.5%. OFWs can use OFW Pag-IBIG.
DMCI In-House Financing
- Available on select projects. Higher interest rates (around 14–18%) but simpler documentation.
- Recommended only if bank financing isn't an option for you.
"Working with an accredited DMCI agent like Kris means the bank coordination, document checklist, and loan application are handled for you — at zero extra cost."
Step 5: Turnover & Move-In
When your unit is ready, DMCI will schedule a turnover inspection. Bring your ID, reservation documents, and a list of any concerns — this is your chance to flag any touch-ups before you sign the Certificate of Unit Acceptance. After that:
- Pay the move-in fees (association dues advance, MOFD, etc.).
- Get your keys and unit cards.
- Submit renovation plans (if any) to the property management office for approval.
DMCI properties are handed over bare, unless you purchased a fully furnished package. Most buyers work with interior designers after turnover.
Have more questions? Kris Chavez has guided hundreds of buyers — first-timers, OFWs, and seasoned investors — through this exact process. Consultation is always free, and there are zero agent fees to buyers.
Ready to take the next step?
Talk to Kris Chavez — DMCI Accredited In-House Agent — for a free, no-pressure consultation.
