Saekyung Ocean Residences

Buyer documentation references

The following buyer-document requirements are reproduced from the supplied presentation. Current reservation, financing and compliance requirements should be confirmed for the selected transaction.

• Locally employed — Certificate of Employment with compensation and issuance date; email thread if system-generated
• Locally employed — Latest 3 months payslips if compensation is not stated in COE, authenticated by HR
• Locally employed — Pag-IBIG Members Data Form with employed status
• Locally employed — Two valid IDs with specimen signatures; spouse documents when applicable
• Locally employed — 1x1 photos, birth or marriage certificate as applicable, TIN verification
• Locally employed — SPA documents when applicable
• Locally employed — Health statement when required by the loan amount
• Locally employed — Co-borrower conformity when applicable
• Locally employed — Active employer email for verification
• OFW — Unexpired employment contract with compensation
• OFW — Latest 3 months payslips
• OFW — OEC issued by the Department of Migrant Workers
• OFW — Residence certificate
• OFW — Pag-IBIG Members Data Form with OCW/OFW status
• OFW — Two valid IDs with specimen signatures; spouse documents when applicable
• OFW — 1x1 photos, birth or marriage certificate as applicable, TIN verification
• OFW — SPA documents when applicable; employer ID if caregiver
• OFW — Health statement and co-borrower conformity when applicable
• OFW — Active employer email for verification
• Seaman — Unexpired employment contract signed by the appropriate agency in the supplied requirements
• Seaman — Embarkation document
• Seaman — Seaman’s Book
• Seaman — Pag-IBIG Members Data Form with OCW/OFW status
• Seaman — Two valid IDs with specimen signatures; spouse documents when applicable
• Seaman — 1x1 photos, civil-status documents and TIN verification
• Seaman — SPA, health statement and co-borrower documents when applicable
• Seaman — Active employer email for verification
• Business owner — ITR with tax receipt and stated BIR certification requirements
• Business owner — Financial statement
• Business owner — Business permit and DTI permit
• Business owner — Business location sketch and business photo
• Business owner — Pag-IBIG Members Data Form with business-owner status
• Business owner — Two valid IDs with specimen signatures; spouse documents when applicable
• Business owner — 1x1 photos, civil-status documents and TIN verification
• Business owner — SPA, health statement and co-borrower documents when applicable
• Freelancer — Certificate of engagement with compensation
• Freelancer — One-year summarized transaction history or invoices
• Freelancer — One-year bank statement when the submitted transaction history is in dollars
• Freelancer — Address sketch
• Freelancer — Pag-IBIG Members Data Form with the employment status stated in the supplied requirements
• Freelancer — Two valid IDs with specimen signatures; spouse documents when applicable
• Freelancer — 1x1 photos, civil-status documents and TIN verification
• Freelancer — SPA, health statement and co-borrower documents when applicable

Accepted ID references

• Accepted ID reference — Passport
• Accepted ID reference — PRC ID
• Accepted ID reference — SSS ID / UMID
• Accepted ID reference — Pag-IBIG Loyalty Card Plus
• Accepted ID reference — IBP ID
• Accepted ID reference — OWWA ID
• Accepted ID reference — Seaman’s Book
• Accepted ID reference — Driver’s License
• Accepted ID reference — Senior Citizen Card
• Accepted ID reference — Postal ID
• Accepted ID reference — Voter’s ID
• Accepted ID reference — OFW ID

Other documented transaction rules

• Reservation is stated as nonrefundable and nontransferable and valid for 30 days in the supplied presentation.
• The presentation states equity is non-refundable unless the buyer has paid at least two years of installments, in which case a 50% cash-surrender-value provision is described; current contract terms must govern.
• Contract price is stated as inclusive of transfer taxes and water connection.
• The presentation states a 3% penalty for late equity payments.
• Change of unit or owner may carry redocumentation charges stated as Php 5,000+++ in the presentation.
• A one-time Php 10,000 condominium corporation membership fee is stated as due upon move-in.
• Condo dues and parking maintenance fees are TBA in the supplied presentation.
• Pets are stated as allowed subject to the condominium association policy.
• The presentation states 2-3 years of advance real property tax before occupancy.