Submit a Complaint

DMCI - Sheridan Towers

Philippines

Consumer complaints and reviews about DMCI - Sheridan Towers

Mhe Send email
 
Mar 28, 2019

High Interest Rate

To all potential buyers of condo, yes think twice before buying a condo unit. There are a lot of hidden charges specially if its in-housed. The TCP of my unit is 2.3M and I paid on the spot Php 459k, turn over fee is 170k, and they are asking me to pay 240k closing fee, while my monthly amortization is 32k. Im transferring it to BPI and surprisingly, they are charging me 206k for loan difference. Imagine TCP is only 2.3M and after 2 years, my total unsettled balance is still Php 1.9M considering the total amount I paid is Php 459 DP + 170K (too high for a turn over fee) + Php 240k closing fee + 32k monthly for almost 2 years? Is this legal? It will always be in favor of the Developer.

Unit is ok, parking is limited, unless you purchase your own. guests parking is only 3 slots :D hehe. I highly discouraged customers getting a condo unit.

I don't recommend buying a condo in general. You can purchase a house and lot on that amount and the land is yours.

Complaint Registration Form

    Information of the Company you are complaining about
    Subject of Complaint
    City (optional)
    Complaint Details
    Attach photos (optional)
    Confirmation code

    Submit

         
     

    User Registration

    Already a Complaint Board member? Log in now.
    Username:
    E-mail address:
    Password:
    Code:
    or connect with Facebook

    User Registration

    A confirmation email was sent to "".
    To confirm your account, please click the link in the message.

    If you don't see the email in your Inbox, please check your Spam box.

    User Login

    Not a member of Complaint Board? Register now.
    E-mail address:
    Password:
    Forgot your password?
    E-mail address:
    Back
    Loading, please wait...
    Your password has been sent to the specified email address. Log in
    or connect with Facebook

    User Facebook Login

    Enter Username