Quote Originally Posted by April_Ryan View Post
I am so happy I found this thread. I'll be embarking on house construction in a year or so, and there is so much helpful info here that I haven't found anywhere else. Way to go, guys!

Based on the discussions here, I have the following additional questions:

1. Most subdivisions require a construction bond. What's it supposed to guard against? How much does it cost? Is it a cash bond or a surety bond?

2. I purchased a lot in a subdivision in Antipolo. Should there already be a "ready" sewerage system? Like a septic bank buried under each lot? Or will that be built by my contractor?

3. Is the price of 20K/sq.m. good only for a "standard" finish?
1. CASH BOND. So that the lot owner would not go against the rules.

2. It will depend on the subdivision and the city/municipality.

3. Yes.

btw, I replied to your email. thanks