Frequently Asked Questions (FAQs)
Do you use underground electrical system?
Are cable TV, internet, and land phone available?
Yes, there will be a provision for the above-mentioned services. These connections will depend on
the company if they will place a facility in the subdivision. Several factors are taken into consideration.
What is the coverage of the miscellaneous fee?
MF of lot generally covers: Property-related taxes, documentation, processing/transfer fees,
administrative and handling fees
How long before the title is released?
Processing of title transfer takes 24 months on the average, barring unforeseen circumstances
which will commence after full payment of TSP, MF and other charges, completion of documentation
and acceptance of documents by the government agencies.
Why will it take you an average of 24 months to transfer the title?
Title transfer is a tedious process considering that we deal with different government agencies
concerned, which is already beyond our control. (Bureau of Internal Revenue, Municipal/City
Treasurer’s Office, Register of Deeds, Municipal/City Assessors Office)
How much are the HOA dues?
It is approximately P15 – P30 per square meter. Upon its eventual turn-over to HOA, the rates
may increase or decrease depending on the operational expenses of the subdivision. HOA dues will
be collected already upon creation of HOA.
When will it be turned-over?
Forbes Estates Turn over Timeline
Phase 1 lots- 4th quarter 2023
Forbes Club and Forbes Park- 2nd Quarter of 2024
Veranda (Shopping Center)- 4th Quarter of 2025
Estate Gallery at the Estate Park-3rd Quarter of 2023
Phase 2 Lots- 4th Quarter of 2025