Frequently Asked Questions

How do I make a reservation?

A. ONLINE RESERVATION (Credit Card): http://epayment.anchorlandholdings.com/reserve

After payment of the RESERVATION FEE, please send us the following original documents immediately:

  • Signed RESERVATION APPLICATION
  • Proof of RESERVATION FEE payment
  • Signed BUYER’S INFORMATION SHEET
  • Two (2) VALID IDs with photo and signature specimen

B. IN-HOUSE RESERVATION (CASH / CHEQUE / BANK)

*Cheque / Bank reservation payable to:

 

Monarch Parksuites – Balmoral Place

Posh Properties Development Corporation

Monarch Parksuites – Windsor Place

Posh Properties Development Corporation

 

When can I move in?

For completed projects, buyers must complete the requirements and settle the required percentage of payment from the total contract price. They can move in after 30 days thereafter.

For on-going projects, buyers must complete the requirements and settle the required percentage of payment from the total contract price. They can move in upon completion of the project.

 

What is the type of ownership?

Freehold (Perpetual ownership) – you own your unit and you can pass it to your heirs. Unlike the Leasehold type of ownership wherein after a specified period like 50-99 years, the ownership will revert back to the developer.

 

Can a foreigner purchase a unit?

Yes, a foreigner can purchase a unit provided that he/she is able to submit all pertinent documents stated on the Checklist of Requirements.

 

Who will be in charge of the building maintenance?

ALHI has its own Property Management Corporation, Momentum Properties Management Corp., which provides a comprehensive and full property management and consultancy services covering all aspects ranging from Estate Management, Leasing and Facilities Management.

How long will Momentum Properties Management Corp. take management of the property?

MPMC will manage the property for 5 years as stated in the contract; however, the contract is also renewable (no maximum years, as long as the unit owners want MPMC to manage their property).

Are pets allowed?

Generally, pets like dogs are not allowed by the Administration of the property.  However, some tolerance may be given to “small” pets – small dogs and / or other so long as they don’t disturb the other unit owners.

Having pets require responsibility of the owners and full compliance with the rules of the Property Administration and Management.

 

Are LPG tanks / gas stoves allowed to be used for cooking?

No, it’s not allowed for safety reasons. Only electric stoves or appliances are allowed.

 

What are the fees that I need to pay aside from my Monthly Amortization?

Membership Fee (forms part of the Condominium Corporation’s revolving fund for the maintenance and operation of the building’s common and limited common areas) - This is a one time payment by the unit owner upon becoming a member of the condominium corp to the project’s respective bank account.

Meralco Deposit (for the electrical utility connection to the unit) - This is a one time payment by the unit owner to the project’s respective bank account.

Electric/Meralco Bill - Paid every month

Water Bill - Paid every month

Association Dues (forms part of the building’s regular operating expenses) - Paid every month.

 

Are the unit owners provided with a laundry area for washing and drying?

For washing of clothes, several units in Windsor Place and Windsor Suites have provision for a washing machine and dryer installation. Balmoral Place and Balmoral Suites, however, do not.

For laundry wire – in the balcony specifically (or in any other common areas) is strictly prohibited.

A Laundromat will be available at the commercial spaces in the ground floor.