FAQ
Balai Matinlo – Brgy. Irawan, Puerto Princesa City, Palawan
Frequently Asked Questions (FAQs)
1. When will construction begin, and when will the unit be delivered?
*L&N Realty Corporation will implement construction by phase. Construction for your unit will commence once:
The buyer completes the 24-month down payment, and
The corresponding phase of the development is scheduled for construction.
If the buyer has fully paid the equity ahead of their phase, they will be offered the option to switch to an already constructed unit, subject to availability. However, if the buyer chooses to retain their originally selected unit, they will need to wait for their phase to begin construction.
The typical construction period is 7 to 9 months, and units may be delivered as early as 1.5 years from the start of the down payment.
2. When can we move into the unit?
*You may move in once the following conditions are met:
• Full payment of the down payment/equity, and
• Loan release (for buyers using bank financing)
• Acceptance of the unit upon turnover, and
• Payment of applicable move-in fees
3. Who are qualified to avail a unit?
*Filipino citizens with legal capacity to acquire and encumber real property
*Foreign nationals legally married to a Filipino citizen, subject to applicable laws and documentation
(Note: Additional requirements may apply for foreign buyers. Please coordinate with our team for specific guidelines.)
4. How do I qualify for a housing loan?
*You must have a gross monthly income (individual or combined) of at least:
For Bank Financing:
-Townhouse: ₱48,893
-Duplex: ₱69,725
-Single Detached: ₱108,917
For Pag-IBIG Financing:
-Townhouse: ₱32,400
-Duplex: ₱45,870
-Single Detached: ₱47,780
(Income requirements may vary based on lender terms and property value. Please consult with our team for assistance.)
5. What are the financing options available?
Bank Financing, Pag-IBIG Financing, Spot Cash, Deferred Payment
6. Is there a reservation fee?
*Yes, a non-refundable reservation fee is required to secure your chosen unit. This amount forms part of the total down payment.
7. What documents are required to reserve a unit?
-Valid government-issued ID(s)
-Proof of income (Payslip, COE, or latest ITR)
-Marriage Certificate (if applicable)
-Signed Offer to Purchase and Buyer’s Information Sheet
8. Is the community gated?
*Yes, Balai Matinlo is a fully gated and secured community, thoughtfully designed to provide peace of mind and a sense of exclusivity to its homeowners.
The development features a modern guardhouse with 24/7 security, a landscaped entrance, and a dedicated entry/exit system for both vehicles and pedestrians, ensuring controlled access, privacy, and safety for all residents.
10. Who can I contact for viewing or inquiries?
You may contact:
Margie Vanscoy
Licensed Real Estate Broker – PRC Lic. #00024694
📞09088976367
📧 pearlviewrealty@gmail.com
📍 Pearlview Realty Brokerage & Management Services
Unit F, 2nd Floor, Skytel Commercial Complex
North Road National Highway, Brgy. San Jose,
Puerto Princesa City, Palawan 5300
Frequently Asked Questions (FAQs)
1. When will construction begin, and when will the unit be delivered?
*L&N Realty Corporation will implement construction by phase. Construction for your unit will commence once:
The buyer completes the 24-month down payment, and
The corresponding phase of the development is scheduled for construction.
If the buyer has fully paid the equity ahead of their phase, they will be offered the option to switch to an already constructed unit, subject to availability. However, if the buyer chooses to retain their originally selected unit, they will need to wait for their phase to begin construction.
The typical construction period is 7 to 9 months, and units may be delivered as early as 1.5 years from the start of the down payment.
2. When can we move into the unit?
*You may move in once the following conditions are met:
• Full payment of the down payment/equity, and
• Loan release (for buyers using bank financing)
• Acceptance of the unit upon turnover, and
• Payment of applicable move-in fees
3. Who are qualified to avail a unit?
*Filipino citizens with legal capacity to acquire and encumber real property
*Foreign nationals legally married to a Filipino citizen, subject to applicable laws and documentation
(Note: Additional requirements may apply for foreign buyers. Please coordinate with our team for specific guidelines.)
4. How do I qualify for a housing loan?
*You must have a gross monthly income (individual or combined) of at least:
For Bank Financing:
-Townhouse: ₱48,893
-Duplex: ₱69,725
-Single Detached: ₱108,917
For Pag-IBIG Financing:
-Townhouse: ₱32,400
-Duplex: ₱45,870
-Single Detached: ₱47,780
(Income requirements may vary based on lender terms and property value. Please consult with our team for assistance.)
5. What are the financing options available?
Bank Financing, Pag-IBIG Financing, Spot Cash, Deferred Payment
6. Is there a reservation fee?
*Yes, a non-refundable reservation fee is required to secure your chosen unit. This amount forms part of the total down payment.
7. What documents are required to reserve a unit?
-Valid government-issued ID(s)
-Proof of income (Payslip, COE, or latest ITR)
-Marriage Certificate (if applicable)
-Signed Offer to Purchase and Buyer’s Information Sheet
8. Is the community gated?
*Yes, Balai Matinlo is a fully gated and secured community, thoughtfully designed to provide peace of mind and a sense of exclusivity to its homeowners.
The development features a modern guardhouse with 24/7 security, a landscaped entrance, and a dedicated entry/exit system for both vehicles and pedestrians, ensuring controlled access, privacy, and safety for all residents.
10. Who can I contact for viewing or inquiries?
You may contact:
Margie Vanscoy
Licensed Real Estate Broker – PRC Lic. #00024694
📞09088976367
📧 pearlviewrealty@gmail.com
📍 Pearlview Realty Brokerage & Management Services
Unit F, 2nd Floor, Skytel Commercial Complex
North Road National Highway, Brgy. San Jose,
Puerto Princesa City, Palawan 5300