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Back in October 2017, We decided to buy a condo unit at a pre-selling price, Our signed contract says that we will pay the first 20% of the Unit's total contract price within 48 months, and pay the rest in the 49th month... and we are also promised that we can move in once the unit is already built...

then came the day that the unit was built, they then sent us an e-mail saying that we should pay all the remaining balance and gave us only three options: 1) Outright payment 2) Bank Loan 3) In-house payment, so we contacted them and disputed this, in response they just gave us another option: that we will continue to pay 48 months (that is worth 14K plus), but we are not able to move in and we should also pay the condo's monthly maintenance fees...

Currently we are insisting on the payment term that we have signed and agreed upon in the beginning, and if they would not comply we will demand for a full refund... we will know their decision this Friday (October 25, 2018)

Reason of review: breach of contract.

Monetary Loss: $150000.

Preferred solution: Full refund.

Megaworld Pros: Wala.

Megaworld Cons: Are unprofessional.

Location: Araneta Shopwise, General Aguinaldo Ave, Cubao, Quezon City, 1109 Metro Manila, Philippines

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Guest

I am in a very similar situation . I just got an email demanding a full payment for clearance for turnover.

I did not expect this as my signed contract says 48 months of payment and the remaining balance after . And I was promised too that I can move in as long as I have 10% in equity. Now they are suddenly demanding full payment as the turnover is coming.

It is such a trap! Never deal again with a dishonest company.

Guest
reply icon Replying to comment of Guest-1623779

We are currently demanding a refund, our advise is do not sign the Contract to buy and sell, this is the ultimate trap they are using...

Guest
reply icon Replying to comment of Guest-1623779

please join this face book group: https://www.facebook.com/groups/217222****718185/?ref=group_browse_new

Guest

Was this issue resolved

Guest
reply icon Replying to comment of Guest-1605819

Nope, they are now at delaying tactics....

Guest
reply icon Replying to comment of Guest-1605819

nope, they are now doing delaying tactics

Guest

I have the same issue could you please post the copy of the letter you sent. They only gave me a week to reply to the email :( thank you

Guest
reply icon Replying to comment of Guest-1601916

Hi, please join our group: https://www.facebook.com/groups/217222****718185/?multi_permalinks=217226****714805¬if_id=154747****099292¬if_t=feedback_reaction_generic Thank you

Guest

That is not right. You would only pay the association dues once they turn over to you they key and only if you sign Acceptance Receipt.

My advice is that do not sign the Acceptance Receipt if the unit is not yet ready, if you dont have yet the keys and if you dont have Move In Clearance yet because they day you sign the acceptance receipt is the beginning of the Association Dues. If megaworld do not follow the contract. You can go to HLURB and file a case. Do not go under mediation coz its a waste of time.

You do not need a lawyer just get the format of the paper and have it notarize. Before you file a case make sure you have all the proofs like copy of ctbs and statement of account or official receipts. So better go to megaworld first and get the updated statement of account. Do not tell them that you will use it in hlurb otherwise they wont give it to you.

You dont need a lawyer in the hearing.

Just show your proof of your payment and that you complete atleast 24 payments including reservation and down payment Just be patient. It would take a lot of time but its better than nothing.

Mckale Ifz
reply icon Replying to comment of Guest-1597592

Hi, Harleys! Last month, my mom was told by a staff of HLURB that we don't to fill up the form anymore and we just need to bring an attorney with us.

I don't know if they have changed their procedures since I went there last May & was given the form to be submitted upon filing a case.

Because of what you said, I'll have my mom call them again since they haven't responded yet to my last email. BTW, were you able to get a refund after doing all those that you mentioned?

Guest
reply icon Replying to comment of Guest-1597592

I ask my accnt specialist abt that, i even have a picture of acceptance receipt that i didnt sign. Her response was "on the signed contract, once we sent a notice of inspection, regardless if its deemed accepted or with punch list issues, association dues is running.

" and by the way, this was not explained nor mentioned when we were there! They omitted this information willingly!!

Argh. So much hate!!

Guest

Were you able to get a refund? I am trying to do the same now and canโ€™t find their legal teamโ€™s contact details.

Guest
reply icon Replying to comment of Guest-1596888

getting a refund is near impossible, we're still in talks with them, by the way please add this page in facebook: https://www.facebook.com/groups/217222****718185/?ref=group_header

fourth c

Ipapatulfo na namin yang Megaworld

Guest
reply icon Replying to comment of fourth c

much better, but MW has pretty good media connections as their products sponsors a lot of programs n tv stations

Guest

Hope you get your refunds, you'll experience more problems when you become a resident. Please check the facebook page " We are Manhattan Garden City". We have been sharing our bad experiences there.

Guest
reply icon Replying to comment of Guest-1588354

Thanks

Mckale Ifz
reply icon Replying to comment of Guest-1588354

I checked but it's a closed group for unit owners/tenants at Manhattan Garden City only. Anyway, thanks for telling us that many of you are having bad experiences in that condo.

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