UHOME LEASING FAQS
You may lease one bed in a shared room. Rates are excluded of electricity bill.
You may also opt to lease the entire room, provided that you will pay for the rent of all beds within the room. Kindly note that rooms are either all-female or all-male.
Standard contract is 12 months.
We give minimum of 6 months lease term for reviewee (limited slots only)
To reserve a bed, please submit the following:
- TWO (2) MONTHS SECURITY DEPOSIT- Dated check (REFUNDABLE AFTER CONTRACT)
- ADMIN FEE P 3,000.00- Dated check (PAYABLE UPON RESERVATION AND EVERY RENEWAL)
- 12 POST DATED CHECKS (FOR MONTHLY RENTAL)
- 2X2 PICTURE WITH WHITE BACKGROUND (PICTURE OF STUDENT)
- PHOTO COPY OF VALID ID – PARENTS OR GUARDIAN (FOR CONTRACT PURPOSES)
- Prepare and submit all requirements at Uhome Admin Office.
- Fill up Uhome Application Form
- Parents to sign the contract of lease if tenant is minor. ( If parents are unavailable to reserve, Parents should issue authorization letter to a guardian or representative to sign the contract of lease and other documents needed. )
- Access card and cabinet key will be issue on your move in date.
- UHOME LACSON near UST, FEU, FEU Institute of Technology, UE, and other universities and review centers. Piy Margal cor. Dos Castillas Sts., Sampaloc, Manila
- UHOME RECTO near UE, SSC-R, FEU, FEU Institute of Technology, San Beda, CEU, NTC, PSBA, La Consolacion College, College of the Holy Spirit Manila and other universities and review centers.
777-779 San Sebastian St., Quiapo, Manila
AMENITIES FAQS
Free wifi is available at the student lounge, and lobby for residents use only. You may bring your own pocket wi-fi device.
Every room at uhome is fully furnished with built in beds with mattresses, study tables and chairs, personal closet with lock, mini pantry area with space for microwave and fridge. It also has own private comfort room and bath room inside the room. All rooms at uhome are also equipped with television, and air-conditioning units.
PAYMENTS FAQS
Monthly rent are settled through postdated checks that should be given upon reservation. In case postdated checks are not available, you are required to pay the whole amount of contract in cash.
Each room has their own MERALCO meter. Electricity bill per room are equally divided and billed separately to each resident. Resident should pay through GCASH, METROBANK online payment or METROBANK over the Counter.
To verify payment, Proof of payment or deposit slip should be sent through viber.
Kindly note that late payment may result to blocking of your access card and termination of lease contract.
You may pre terminate your lease but you will be charge of pre-termination fee equivalent to Three (3) month’s rent (cash) plus your two ( 2) months security deposit will be forfeited.
DORM RULES
Yes, there are reasonable house rules which aim to keep University Home a safe and secured environment for all residents. Residents are given a complete and detailed set of house rules upon reservation
Residents should bring their own bed sheet, pillows, and blanket. Each room has space provision for one (1) microwave oven and fridge that residents may opt to bring on their own.
For your safety, please be advised that cooking is not allowed. Rice cooker, electric stove and other cooking appliances are strictly prohibited. You may enjoy eating in neighborhood restaurants and malls near Uhome.
There is no curfew. residents can access their room 24/7. However, guest are only allowed to stay at the student lounge from 8am to 8pm.
Sales FAQ
A professional property management company shall handle the leasing program such as sourcing of unit tenants , signing lease contract with tenants, billing & collection of rental, utilities & other charges.
Remittance of monthly rental income to unit owners will be every 20th day of the following month, net of association dues and management fees.
Unit buyers are not allowed to use the amenities, if their units are being leased out to other tenants while they earn monthly income. However, unit owner may opt to rent 1 bed space under his own unit so that he/she can enjoy free use of all amenities alongside with other tenants.
Each registered tenant will receive an RFID card from admission office for their access to the whole building.
Turnover of unit shall be second half of 2020.
No. Rule on acts of God or fortuitous events apply.
One month after turn over date.
Estimate of ₱ 80/sqm for association dues
and ₱ 70/sqm. for management fees.
Total of ₱ 150/sqm. (₱ 3,292/month ).
Unit owners can use the monthly rental income to pay for their monthly amortization in bank.
We start looking for tenants once the unit is turned over to Buyer. However, because of the proximity of UHome to Universities and with more or less 155,000 student population within the area, we are confident that we will be able to lease out the units immediately.
Our location is strategically situated right across UST medicine building, which has a population of 44,000 students.
Market dictates, but we normally increase 5-10% every 2 years.
Yes, there are other project developments in the area, but few or no Condormitel concept such as UHome. Due to huge student population and scarcity of available lots , we do not see any oversupply in the area.
Grand Total for closing & turnover fees
P 159,416.37 ( 5.3%) estimate only.