SMDC Cheerful Homes - PRICE LIST

SMDC : SMDC Cheerful Homes For Sale
Unit Type For Sale Price Area(sq.m.) Notes
Flexi Home Inner B ₱ 1,100,000 22 Other Cuts Available
Flexi Home End B ₱ 1,400,000 22 Other Cuts Available
Loft Type - End ₱ 3,100,000 32 Other Cuts Available
Loft Type - Inner ₱ 1,900,000 32 Other Cuts Available
Open Parking ₱ 500,000 12.5 Other Cuts Available
Payment Options
Payment Scheme Term Notes
Spot Cash
100% Spot Cash in 30 days
10% Discount on TLP
Deferred Cash
100% payable in 19 months
2% Discount on TLP
Spot DP
10% Spot / 90% in 18 months (2% Discount on TLP)
20% Spot / 80% in 18 months (4% Discount on TLP)
50% Spot / 50% in 18 months (5% Discount on TLP)
Spread DP
10% in 18 months / 90% Balance

1. Reservation Fee

  • Flexi Homes A and B Inner units - Php 5,000
  • Flexi Homes A and B End and Corner units - Php 10,000

2. Spot Cash

  • Payment shall be subject to a retention amount of Php 50,000 and will be due when the indivdual TCT's become available.
  • Treasury to defer encashment of postdated check of the Php 50,000 until clearance from Project Development is given.
  • Upon availability of the individual TCT's under SMDC, no retention will be required.

3. Turnover

  • Turnover of the house and lot unit shall be upon full payment and house completion.


Owning a home at Cheerful Homes Mabalacat

Cheerful Homes is a development for starters and retirees. It is one of the most affordable developments in the city, with flexible payment options to give everyone a chance to own a home. The floor area of each unit measures 22 square meters, sitting on a 37-square meter lot and the listing price is P 1,008,000.

All the 3,038 housing units are pre-selling, meaning you can enjoy introductory prices if you buy now. Future residents can make inquiries via SMS, phone call, email, social media or even visit the developer’s offices. Once you choose your preferred payment option, you will be issued with a reservation form to fill. A copy of your ID will be required either in the form of a photocopy or scanned document. Overseas residents can make their reservations via email. Local residents can go for site viewing any day of the week.

Since these are row houses, the reservation fee is different depending on the location of your unit. The reservation fee ranges from P 5, 000 to P 10, 000. This is payable via cash or check. Currently, no down payment is required. Once you make a reservation, you can start paying a monthly installment of P 5, 600 or more for a period of up to 18 months.

There is a great discount for cash buyers. As a cash buyer, you have up to 30 days from the time of reservation to clear the balance. Once you get your flexi home, you can always modify it into your most preferred design.

With an unbeatable location combined with world-class facilities and amenities, Cheerful Homes is one of the best investments in the real estate market in Pampanga province today. 

Mabalacat is city is that is a major hub for transport at the crossroads of the major road networks that include the North Luzon Expressway, the Subic-Clark-Tarlac Expressway and the MacArthur Highway that connect the area to the rest of the country, making it easily accessible from Metro Manila and urban areas. 

Backed by the experience and trust of SMDC, you can be sure that your home in Cheerful Homes will be a solid buy that will be a high-yield investment in years to come. 

House prices at Cheerful Home are an affordable and attractive PHP1,162,000 for a Flexi Home End ‘B’ type unit of 22 square meters floor size, PHP1,455,000 for a Flexi Home Inner ‘A’ type unit of 32.50 square meters floor size and PHP1,028,000 for a Flexi Home Inner ‘B’ type unit of 22 square meters floor size. The developer also offers Early Occupancy Plans (EOP) and Rent To Own (RTO) programs, so come and discover how you can take the first step towards owning your own home here today.


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