BGC | Fort Palm Spring | 28F | ?m [Archive]

thomasian

December 4th, 2006, 09:04 AM

http://fortpalmsprings.com/images/nameonly.gif

http://www.fortpalmsprings.com/

http://i5.photobucket.com/albums/y195/aaron_ofngol/2_0fort_palm_spring_bro_04_cover.jpghttp://www.fortpalmsprings.com/images/gallery/2_5map.jpg

-----------------
:::: THE BUILDING ::::
-----------------

Fort Palm Spring is an artistic masterpiece that blends architectural perception with a contemporary appreciation of landscape, creating a structure that enhances the lifestyle of its inhabitants. At ground level, a visually-stunning lobby will create a breathtaking entry point. And at night, exterior lights will illuminate the structure and provide a visual delight for all to see. Built over 28 floors in the heart of the Global City, Fort Palm Spring will incorporate 232 luxurious homes with studio, 1-bedroom, 2-bedroom and 3-bedroom units all available.

--------------
:::: LOCATION ::::
--------------

Fort Palm Spring is located in the heart of the Bonifacio Global City, Metro Manila's premier lifetstyle city! It is THE place to live, work and play! The Global City is a master-planned community that is centrally located, with world class facilities and plenty of beautiful, landscaped parks and gardens. Perfect for life in the 21st Century!

·· Walking distance to designer shops, cosmopolitan cafes and restaurants and health clubs
·· 10 mins to exclusive private schools and the new St. Luke's Medical Center
·· 15 mins to Makati CBD
·· 20 mins to Ortigas CBD
·· 20 mins to domestic and international airports

---------------
:::: AMENITIES ::::
---------------

·· Sky Garden

·· 3 High Speed Elevators, separate entrance to commercial and residential area
·· Separate parking for commercial and residential
·· 55 % of lot area is for landscape
·· Fully Equipped fitness area
·· 25 m. Lapping Pool
·· Outdoor Playground
·· Children's wading pool
·· Daycare Center and Gym
·· Multi Function Clubhouse, Social Hall, Game Room
·· Meditation Garden
·· Floor to Ceiling window
·· Affordable and flexible terms available
·· Controlled access with 24 hours building security.
·· Store and other amenities on ground and second floor.
·· Changing and Shower facilities .
·· Administration by experienced Property Manager.
·· Two storey high main lobby/ reception/ lounging area.
·· Storage Room for Residents.
·· Intricate details of materials such as sandstone and timber elements.

--------------
:::: LIFESTYLE ::::
--------------

Whether you call it your dream home or your prized investment, Fort Palm Spring offers an unequaled lifestyle.

From your Fort Palm Spring home you can start each day with a walk along the landscaped parks and beautiful gardens followed by a coffee or breakfast at any number of cosmopolitan cafes.

If golf is your passion, you are in the right place, with Manila Golf and Country Club just a stone's throw away. If you're a lover of fine foods, standby to be tempted! Indeed just a short stroll from your Fort Palm Spring home you can satiate your taste buds at some of Manila's finest gourmet restaurants.

For those in search of retail therapy, there are designer shops, interesting arcades and boutiques nearby. Don't forget the fantabulous malls of Makati and Ortigas only a few minutes drive away.

At the end of a busy day, you can escape from all the hustle and bustle and settle down in your Fort Palm Spring home to enjoy some peace and solitude and simply relax.

So if you're looking for a lifestyle that will change your perception on the good life, you've found it right here at Fort Palm Spring.

As you can see, Fort Palm Spring Condominium Corp. will be a sure-fire hit with all your clients. It has all the ingredients of success.
Place - It is located inn Bonifacio Global City, the new Makati.
People - The development will be undertaken by the Global BYO-team lead by Pacific and clients' fund will be protected by Banco De Oro
Price - The average selling price starts at P1,930,850.00 per unit and easy financing is available from Banco De Oro.----------------
:::: INVESTMENT ::::
----------------

Situated within the Global City, Metro Manila's premier lifestyle city, Fort Palm Spring is destined to become one of Metro Manila's most sought after addresses.

From cosmopolitan cafes and gourmet restaurants to designer shops and super malls to exclusive private schools and wide, green open spaces - there is something for everyone. Fort Palm Spring heralds in a new age of investment opportunities.

Experts believe that the real estate boom is just around the corner so the smart investor should buy now while values are on their way up. Fort Palm Spring's unsurpassed comfort, superb facilities and excellent location makes it a unique and prime investment opportunity.

---------
:::: BYO ::::
---------

First Global BYO Corp. (BYO Corp) is the overall project manager of Fort Palm Spring. We have over 35 years of project management experience in the US, China, HK and Australia and we have now arrived in the Philippines. For this project, we have assembled the "BYO Team" made up of the best consultants and advisers in the Philippine real estate industry. They are as follows:

·· Architect: Robert Carag Ong and Mark Steven Sy Ong (designed SM's Mall of Asia)
·· Construction Manager: TCGI (one of the leading construction managers in the industry)
·· Builder: CE Construction Corporation (ranked in the top 5 in the construction industry)
·· Legal Consultant: Montilla Law Office (has over 30 years of legal and commercial experience)
·· Financial Adviser: RMI Business Agency (has over 35 years of financial and accounting experience)

For the first time, the "Build Your Own" (BYO) method will be introduced by BYO Corp in the Philippines. It is a new, exciting way of owning your own home. The BYO method has been used with great success in Australia, China and the US and we are confident of achieving the same success in the Philippines.

BYO is a method that brings you closer to the project managers and builders and eliminates the costs associated with the middleman so that you can save up to 40% off the usual price. You become the owner/developer of the project and through BYO Corp and its development team (BYO Team) you can manage the construction of Fort Palm Spring from start to finish. Therefore you can be assured that the project is finished on time and on budget.

As added security, all reservation fees, deposit moneys and installment payments will be deposited with Banco De Oro which will act as the depository and disbursement bank. They will act as guardian of the funds, ensuring that they are safe and secure and are only spent directly towards the construction of your Fort Palm Spring home. Any payments made will be triple checked by the bank, the architect and the construction manager. This ensures the absolute security of your money.

To make it easier for our client, First Global BYO Corp. has partnered with Banco De Oro to provide financing that can be provided quickly and hassle-free. In particular, we will offer the following:
Streamlined application process;
Personal and prompt contact;
Low interest rates with no application fee;
Long payment terms up to 15 years; and
Financing as construction progresses without requirement for condominium titles. -------------------------------
:::: 5 Reasons why BYO is the Best ::::
-------------------------------

BYO Team
The BYO Team is made up of the best people in the housing and construction industry, which includes SM Mall of Asia's architect, Robert Carag Ong; construction project manager, TCGI; general contractor, CE Construction Corp and depository and disbursement bank, Banco De Oro. The BYO Team is led by BYO Corp, a world class project manager of multimillion dollar residential and commercial developments, with over 35 years of experience in countries such as the US, Australia, China and Hong Kong. With this formidable team of advisers and consultants, you can rest assured that your Fort Palm Spring project is in good hands.

Guardian Bank
BYO Corp has appointed Banco de Oro as its "Guardian Bank." They will ensure that all money you invest into the Fort Palm Spring project is safeguarded and will only be spend directly on the construction of your home. Every payment made on the Fort Palm Spring project will be triple checked by the bank, the architect and the construction manager so that the security of your money is absolutely guaranteed.

Earn Interest on your Money
Depositing your money with Banco De Oro has the added advantage of earning interest on your funds while you wait for your home to be completed. So not only are you assured of the security of your money, you can also take advantage of the bank's high yielding interest rates.

Direct Ownership from the Beginning
You become the owner/developer of Fort Palm Spring from the very beginning, until its completion. You are in control of the construction of the building which BYO Corp will build on your behalf in conjunction with the rest of the BYO Team. Therefore, you can rest easy knowing that the project will be finished on time and on budget.

Faster Delivery
Instead of taking 5-7 years for the building to be completed and trued over to you, it will only take 2 years. This will enable you to move into your home sooner or rent it out sooner so that you can either save up to 5 year's worth of rent or earn up to 5 year's worth of rental income. Clearly, BYO is your pathway

----------------------------------
:::: About First Global BYO Corporation ::::
----------------------------------

Condominiums are getting more affordable. As more and more people look at the high-rise lifestyle as the ideal way to live, builders and developers try to come up with ways to make costs reasonable for buyers. What remains unexplored in the Philippine real estate industry is the Build Your Own (BYO) system, a buyer-to-builder way of purchasing condo units for 40 per cent less than the usual price that proved to be effective in the United States, Australia, Hong Kong, and Singapore.

The BYO system brings buyers closer to the project managers and builders and eliminates the costs associated with the middleman and other various overheads which can add up to 40 per cent to the cost of a condo unit. The buyer effectively becomes the owner/ developer of the project and through the project manager and the development team, manages the construction of the project from start to finish.

Proven to be successful abroad, the BYO system has finally been brought to our shores by the First Global BYO Corporation (BYO Corp.), which will introduce this innovative method with its residential high-rise project known as “Fort Palm Spring” in the Bonifacio Global City, Taguig. Recognized by the Philippine Federation of Home and Land Developers Association for its pioneering efforts in introducing the BYO system and making high-rise living more affordable, BYO Corp. prides itself on its impeccable credentials as a world-class project manager of multi-million dollar residential and commercial developments, with over 35 years of experience, in the US, Australia, China and Hong Kong.

As added security, BYO Corp. has appointed Banco De Oro (BDO) as its “Guardian Bank”, which will ensure that the money invested by buyers is safeguarded and is only spent directly on the construction of their units at Fort Palm Spring. Every payment made will be independently checked and verified by the bank, the architect and the construction manager to ensure the absolute security of the buyer’s money.

BYO Corp. has assembled the best development team available which includes SM Mall of Asia’s architect Robert Carag Ong, construction project manager, TCGI; general contractor, CE Construction Corp; depository and disbursement bank, Banco De Oro; and overall project manager, BYO Corp. Together, the group has a combined 150 years’ worth of experience and success in the real estate industry. In the hands of this formidable team, Fort Palm Spring is set to become an architectural masterpiece in the heart of the Bonifacio Global City with its cutting-edge building design, beautiful sky gardens and breathtaking landscape lined with palm trees which evoke the relaxed tropical way of living reminiscent of the world-famous resort town of Palm Springs in the US. Rising up 28 floors, Fort Palm Spring offers 232 luxurious and spacious homes with a choice of studio, one-bedroom, two-bedroom and three-bedroom units in standard finish or model unit finish. Most units have magnificent views of the Global City, the Manila Golf Club and the Makati skyline with prices starting from as low as P1,900,000. All residents are assured of tight 24-hour security, ample carparking and access to three high-speed elevators and first class amenities including a sauna, spa, fitness gym and indoor and outdoor swimming pools. (http://javascript%3Cb%3E%3C/b%3E:view%28%27view_pic.php?pic=50%27%29)

Dvorak

December 4th, 2006, 09:13 AM

ayos yun ahh.. Build Your Own.. parang Built to Own din.. hehehe

studio
http://www.fortpalmsprings.com/images/gallery/2_3stype.jpg

one bedroom
http://www.fortpalmsprings.com/images/gallery/2_01room.jpg

two bedroom
http://www.fortpalmsprings.com/images/gallery/2_12room.jpg

three bedroom
http://www.fortpalmsprings.com/images/gallery/2_23room.jpg

floor plan
http://www.fortpalmsprings.com/images/gallery/2_4fplan.jpg

pau_p1

December 4th, 2006, 09:16 AM

wow.. another new development.... and now there is one more lot left on the block...

is BYO a newbie in condo development?...

_zner_

December 4th, 2006, 09:16 AM

i like the color scheme. its very vibrant. :D

Dvorak

December 4th, 2006, 09:22 AM

I wonder how will it look like besides Sapphire Residences and Grand Hamptons 1

realtor_manila

December 4th, 2006, 09:23 AM

The lot is at the back of Grand Hamptons 2 . 30th Street cor First Avenue.

Wow, Bonifacio Global City (BGC) is becoming more exciting!!!!! Sobra akong saya!

The latest is that the ground breaking of this project is this Dec 2006.

Their showroom will be at Bonifacio Stopover and MCHome Depot area. (The showrooms of these projects will be side-by side in Bonifacio Stopover: Sapphire, Seibu, and Fort Palm Spring).

Dvorak

December 4th, 2006, 09:27 AM

If the cheapest unit is Php1,930,850.00 that should be the 36.5sqm studio.. so it's like Php52,900.00 per sqm.

so..
1 bedroom (49sqm) = Php2,592,100.00+
2 bedrooms (85.5sqm) = Php4,522,950.00+
3 bedrooms (155sqm) = Php8,199,500.00+

I wonder how big their penthouse units are..

laquacherra

December 4th, 2006, 09:31 AM

^^ the building sort of reminds me of one roxas triangle

pau_p1

December 4th, 2006, 09:37 AM

The lot is at the back of The Sapphire Residences.

nope it's not.....Sapphire is at the other block....

Dvorak

December 4th, 2006, 09:44 AM

tama pala.. they share the same lot as Grand Hamptons 1 and 2.. baka sa kanila din yung isa pang lot.. Palm Spring 2 naman.. hehhe

realtor_manila

December 4th, 2006, 09:53 AM

Pricing is very similar to G&W's.

Even the depository and disbursement bank is the same which is Banco De Oro.

thomasian

December 4th, 2006, 09:57 AM

i like the color scheme. its very vibrant. :D

...and refreshing, kaya nga na-inspire ako na gumawa ng sobrang colorful thread for this project. :okay:

I wonder how will it look like besides Sapphire Residences and Grand Hamptons 1

I think they'll blend perfectly with predominantly white exteriors, only that FPS have vibrant bursts of color.

tama pala.. they share the same lot as Grand Hamptons 1 and 2.. baka sa kanila din yung isa pang lot.. Palm Spring 2 naman.. hehhe

That would be great, two Hamptons and two Palm Springs back-to-back.

3cr

December 4th, 2006, 10:00 AM

http://i5.photobucket.com/albums/y195/aaron_ofngol/TFR_SR_Map.jpg So tama ba Fort Palms (Red Square marked 2) will be back to back with GW's Sapphire Residence and across Robinson's The Fort Residence? From their map/legend kasi parang it's at the back of Grand Hamptons. Regardless all I can say is boy that area of FBGC is surely filling up fast! :)

thomasian

December 4th, 2006, 10:06 AM

^^ No, it's located on #3, back to back with Grand Hamptons and infront of Penhurst.

I just thought that it would be nicer if RLC had just puchased the lot on the other side of 2nd Ave. so there'd be twins of The Fort Residences both facing burgos park.

realtor_manila

December 4th, 2006, 10:07 AM

So tama ba Fort Palms (Red Square marked 2) will be back to back with GW's Sapphire Residence and across Robinson's The Fort Residence. From their map kasi legend kasi parang it's at the back of Grand Hamptons. Regardless all I can say is boy that area of FBGC is surely filling up fast! :)

correction pala. it 's at the back of Grand Hamptons - Tower 2. 30th cor 1st Avenue. That's the exact address.

Dvorak

December 4th, 2006, 10:11 AM

here it is.. the one with the red X

http://i29.photobucket.com/albums/c277/patok/FBGC/TFR_SR_Map.jpg

3cr

December 4th, 2006, 10:22 AM

Ahh Oki doki. Thanks for the clarification. Lot 3 pala. So looks like the so-called views of Manila Golf and the Makati skyline will be blocked by Boni Ridge unless you're unit in Fort Palms is on the higher floor (above 22 maybe). I wonder if the taller windows are loft units...

There is still a chance Aaron for Robinson's to buy and build another Fort Residence tower on the opposite lot and make The Fort Residence a Twin tower.

[CENTER]http://fortpalmsprings.com/images/nameonly.gif

http://www.fortpalmsprings.com/

http://www.fortpalmsprings.com/images/gallery/2_0fort_palm_spring_bro_04_cover.jpghttp://www.fortpalmsprings.com/images/gallery/2_5map.jpg

thomasian

December 4th, 2006, 10:24 AM

^^ Parang ako yata ang nagtanong niyan. :D

3cr

December 4th, 2006, 10:27 AM

Ikaw nga no (corrected na po). Hehehe...:) :) :)

Dvorak

December 4th, 2006, 10:34 AM

any write up on BYO Corp abroad?? 35 years of experience.. and yet no return on goolgle

3cr

December 4th, 2006, 10:42 AM

^^ :ohno: Nope never heard of BYO corp. before but looks/sounds like their BYO ("Build Your Own") plan is the same as GW's BTO ("Built To Own") model. Being a new player there, it's actually good that Banco De Oro is acting as the Escrow account overseer to ease investor concerns. Prices are very darn reasonable especially with Makati Skyline views available at the higher floors (those that Boni Ridge won't be blocking). Design is not bad either.

thomasian

December 4th, 2006, 12:07 PM

any write up on BYO Corp abroad?? 35 years of experience.. and yet no return on goolgle

I think their parent company is named Pacific, Pacific Group?
With projects in U.S., China, Hong Kong, Australia.
http://www.fortpalmsprings.com/images/gallery/2_1fort_palm_spring_bro_04_page_12.jpg

Some of Pacific Group's projects in Australia
http://www.fortpalmsprings.com/images/gallery/2_3fort_palm_spring_bro_04_inside_back_cover.jpg

We might be seeing another GW in the works here, I wish all the best for this development.

great184

December 4th, 2006, 12:37 PM

They are probably just soft-selling this muna

Dvorak

December 4th, 2006, 12:41 PM

this will be interesting.. since this is their first project and I'm sure they want more projects to come.. so baka magpapakitang gilas pa yan dito sa first project nya.. which is good news to buyers.. just like what GW did on Penhurst.

realtor_manila

December 4th, 2006, 04:13 PM

Personally, competition is very good for the real estate industry. Old and new real estate players will come up with better designs, better lay-outs and better prices (!). Read: maganda na, mura pa!

Therefore, buyers/investors will benefit in the long run.

realtor_manila

December 4th, 2006, 04:41 PM

any write up on BYO Corp abroad?? 35 years of experience.. and yet no return on goolgle

BYO is a new company, a new real estate player. But they claimed that they constructed projects abroad, probably through other partners.

tyronne

December 4th, 2006, 08:50 PM

nice addition to BGC!

Edmundtanso

December 4th, 2006, 09:32 PM

hmmm....kinna look out of place in my opinion....looks nice though

ganzo

December 5th, 2006, 03:53 AM

Yung Seibu tower kasi part owner si C.E. COnstruction and i think part-owner din siya dito..

bustero

December 5th, 2006, 06:59 AM

or he could have equitized his contractor's profit, or part of it.
can someone post a pix of this please. don't know what it looks like. ty.

laquacherra

December 5th, 2006, 07:03 AM

i like the color scheme. its very vibrant. :D

reminds me of castro in SF ;)

dunamis

December 5th, 2006, 09:31 PM

reminds me of castro in SF ;)

That part of BGC is getting dense. Gaganda na yung skyline ng Fort!!! Sana may 5 star hotel na rin.:banana: :banana:

Tahimek

December 5th, 2006, 09:54 PM

hmmm....kinna look out of place in my opinion....looks nice thoughTrue, the design looks like something that I'd expect to see on beachfront property. Nevertheless, it is very nice.

thomasian

December 6th, 2006, 06:58 AM

That part of BGC is getting dense. Gaganda na yung skyline ng Fort!!! Sana may 5 star hotel na rin.:banana: :banana:

Ha? Eh Hanjin Philippines pa lang naman ang building doon ah, tapos u/c pa siya.

dunamis

December 6th, 2006, 08:54 AM

Ha? Eh Hanjin Philippines pa lang naman ang building doon ah, tapos u/c pa siya.

This building is right beside Hamptons 1 and 2, Bonifacio Ridge, Penhurst, etc. W tower yung wala pang kasama sa Bonifacio Triangle.:banana:

thomasian

December 6th, 2006, 09:02 AM

^^ Oops, sorry, I thought I was in the W Tower thread.

Shit, 4:00 pm na pala. Makakain na nga ng breakfast/lunch, gutom lang siguro ito. :D Lunch na kasi ako nagising eh.

3cr

December 6th, 2006, 10:21 AM

I think their parent company is named Pacific, Pacific Group?
With projects in U.S., China, Hong Kong, Australia.
http://www.fortpalmsprings.com/images/gallery/2_1fort_palm_spring_bro_04_page_12.jpg

Some of Pacific Group's projects in Australia
http://www.fortpalmsprings.com/images/gallery/2_3fort_palm_spring_bro_04_inside_back_cover.jpg

We might be seeing another GW in the works here, I wish all the best for this development.

Mukhang panay bahay ang previous projects nila sa Australia ah. A building is a totally different beast so it will be interesting to see how they do on their first building project sa Pinas.

thomasian

December 6th, 2006, 11:25 AM

ayos yun ahh.. Build Your Own.. parang Built to Own din.. hehehe

http://www.fortpalmsprings.com/images/gallery/2_12room.jpg

Uploaded December 5, 2006
http://www.fortpalmsprings.com/images/gallery/2_6fort_palm_spring_page_9_revised.jpg

-----------------------------------------

three bedroom
http://www.fortpalmsprings.com/images/gallery/2_23room.jpg

Uploaded December 5, 2006
http://www.fortpalmsprings.com/images/gallery/2_7fort_palm_spring_page_10_revised.jpg

-----------------------------------

Also updated yesterday lang... updated map of BGC
http://www.fortpalmsprings.com/images/gallery/2_0fort_palm_spring_bro_revised_ifc.jpghttp://www.fortpalmsprings.com/images/gallery/2_1fort_palm_spring_page_1_revised.jpg

---------------------------------

Mukhang panay bahay ang previous projects nila sa Australia ah. A building is a totally different beast so it will be interesting to see how they do on their first building project sa Pinas.

They have a picture on their site showing a high-rise in Australia, tapos a condo named Ultrasharp in China. They just updated their site yesterday and that picture is nowhere to be found now.

theOCdiva

December 7th, 2006, 07:57 AM

Ang hirap sabihin nang 'Palm Spring', di ba? Kulang kasi ng 's' sa Spring.
Sanay kasi ako sa 'Palm Springs' - plural. And it's always written that way, if it's
the namesake for Palm Springs here in So. Cal. they're after.
The URL is correct, tho! :nuts:

thomasian

December 7th, 2006, 12:16 PM

^^ They had it named after a resort community named Palm Springs, I think that's the one you mentioned.

Gibson@G&W

December 8th, 2006, 08:38 AM

Yung Seibu tower kasi part owner si C.E. COnstruction and i think part-owner din siya dito..

This is not true, CE construction is not part owner of either Seibu. This is the style of most new player companies to enter into the real estate business...they will hire the services of a contractor, but in exchange ask to be allowed to use their name and credibility. The reason I know this is because BYO owner has also approached out contractor, and asked him to do exactly this!

The ower of this BYO corporation has learned our system, by attending our symposiums, acting as a real estate broker. He actually recorded what me and my father has said and had his secretary type it all out! :)

Sedated

January 27th, 2007, 10:06 AM

realtor_manila

January 27th, 2007, 05:17 PM

BYO? Where else did they build things? Anyone knows? What is Seibu anyway? Isn't it a city in Japan?

I want to start looking into buying a unit in BGC but I don't know which ones I should consider. My big question is: which one will shoot up in value?

Hello Sedated!

This is what's happening in the real estate industry now --- there are several new players which do NOT have the experience in condo development/project management. Others claim to have the experience, but if you will investigate further, they have only constructed a 2 storey building! (Building a high -rise condo is an entirely different ballgame. ) Worse, some other new players past businesses are fruit importation and seaweed manufacturing!

Again, track records of developers/builders are very important. Anybody can launch a condo project anytime . But only those who are competent can FINISH a condo project ON TIME. Look at past projects of developers/builders ---that's the best gauge. (It's like reviewing a "resume" of a developer/builder).

Honestly, there's so much clutter in the industry and you really have to be very careful.

Check out these tips in buying a condo:
http://www.fortboniconsultancy.com/related_9tips.php

pau_p1

January 29th, 2007, 02:31 AM

BYO? Where else did they build things? Anyone knows? What is Seibu anyway? Isn't it a city in Japan?

I want to start looking into buying a unit in BGC but I don't know which ones I should consider. My big question is: which one will shoot up in value?

Seibu is a condo development in BGC... it is situated near the Singapore Chancery...

ChicTown

January 29th, 2007, 04:29 PM

BYO? Where else did they build things? Anyone knows? What is Seibu anyway? Isn't it a city in Japan?

I want to start looking into buying a unit in BGC but I don't know which ones I should consider. My big question is: which one will shoot up in value?

I am biased towards Ayala 'coz all of our properties are Ayala developments. Consider the other reputable, known developers to play it safe. All things considered, any condo in FBGC will appreciate in value 'coz of its location/technological advantages. Good luck!

3cr

February 13th, 2007, 10:29 AM

Spend smart, live rich
By Gabby Libarios
http://www.manilastandardtoday.com/?page=goodLife1_jan30_2007

First Global BYO Corp. (or BYO Corp.), the developer of the soon-to-rise condominium Fort Palm Spring in Fort Bonifacio Global City, is introducing a unique system that gives young professionals and their families, who are just starting to live on their own, a chance to experience high-rise living.

Called the Build-Your-Own system (or BYO), it’s a buyer-to-builder way of owning a condo for 40 percent less than the usual price. Whereas in other condominiums, buyers are levied with costs from middlemen and other overheads that can add up to the unit’s price, here, they become the owner and developer of the project. Therefore, the regular cost of the unit, which would normally be around, say, P95,000 per sq m, can go as low as P52,900 per sq m through the BYO system.

And because the buyer becomes part of the development team, he is assured at all times that the building gets completed on budget and on time. It’s a privilege that not many condo buyers are afforded.

According to assistant general manager Myrna Besabe, the BYO system, although it largely remains an unexplored territory in the Philippine real estate industry, has been proven to be an effective and more practical way of purchasing condo units in other countries.

“It’s very effective. It’s already been proven to work well in Singapore, Hong Kong, Australia, and the United States,” says Besabe. “And that’s what our company, First Global BYO Corp. is bringing with our Fort Palm Spring project.”

Selling like hotcakes

The response of the public has been very promising, if not surprising for BYO Corp.

“The response of our customers has exceeded our expectations.” she says. “This has encouraged us to start working on our next three projects in the Bonifacio Global City.”

Because BYO Corp. has a proven track record as a world-class project manager of multimillion-dollar commercial and residential developments—such as the Waterside Office Park in Australia and Ultrasharp Residences in China—the construction starts whether all the units are sold or not.

“The other feature of this development, whose total project value is P1.2 billion, is that we have the resources to construct the building, without having to pre-sell a single unit. Whether we sell one unit or not, we’re going to start building on Feb. 18 and finish in two years. We won’t leave the building unfinished,” she shares. “ We want to put our money where our mouth is and become real partners with our customers.”

Besabe is also confident that all units will be sold in a short period of time.

“We promise to finish the building in two years. Right now, almost 35 percent of the units have been sold. I am confident that all units will be sold out in six months,” she says.

She fondly says that the other reason why she’s confident is that BYO Corp. is a name that people can easily trust as the BYO system has already been tested and perfected around the world.

An architectural masterpiece

To ensure customers that what they’re getting is only the best, the company has tapped a team of seasoned professionals with impressive track records in the construction industry.

“The team includes SM Mall of Asia architect Robert Carag Ong, one of the top 10 architects in the country,” she says. “We also have CE Constructions Corp. as the builder, Amcon & Co Inc as construction project manager, and O.E. Origenes & Associates as the structural engineer. Together, we have a combined 150 years’ worth of experience and track record in the construction industry.”

With the expertise of this formidable team, the 28-story Fort Palm Spring is being touted as the next architectural masterpiece of Manila. With its cutting-edge design, charming sky gardens, and landscaping reminiscent of the world-famous resort town of Palm Springs in the United States, it will be a showpiece in the best location in Fort Bonifacio, near the shopping malls, exclusive private schools, the new St Luke’s Medical Center, gourmet restaurants, and cafés.

Fort Palm Spring offers 211 homes with a choice of one-bedroom, two-bedroom, two-bedroom lofts and three-bedroom lofts in standard or model-unit finish. Every unit comes with these modern conveniences: automatic sprinkler system, smoke alarms, intercom system, built-in exhaust, piped-in gas direct to kitchen, provisions for cable television phone lines and high-speed Internet and provisions for hot and cold water supply. Prices start at just P1.9 million.

“Fort Palm Spring will also have its very own spa, fitness gym, landscaped gardens, and indoor and outdoor swimming pools,” adds Besabe. “This will be for the exclusive use of our residents and their guests. We dedicated over 1,000 sq m of space for the amenities at Fort Palm Spring to ensure the absolute comfort and well-being of our residents. We even had the building design approved by a feng shui expert!”

Pioneers in the industry

For the company’s pioneering efforts to make high-rise living more affordable, The Philippine Federation of Home and Land Developer’s Association awarded BYO Corp. the “Chairman’s Award for Excellence” during its recent annual general meeting.

BYO Corp. has also chosen Banco de Oro as its trustee bank, which will safeguard the money invested by customers in Fort Palm Spring and ensure that it goes directly toward the construction of their units.

“It’s also our way of telling our customers that this is a wise and safe investment,” she adds.

To create awareness, BYO Corp. has built a multi-million peso model unit at MC Home Depot in the Bonifacio Global City and a sales office at the Fort Bonifacio Stop Over.

“Our target market includes young professionals and young couples who are starting a family, as well as investors, migrant workers and foreign expatriates” she says. ”And our aim is to make high-rise living more affordable so that more people can realize their dreams of owning a home.”

Now who’s ready to pack their bags and move into Fort Palm Spring?

* * *

BYO Corp. will be unveiling its model unit at MC Home Depot in the Bonifacio Global City on Feb. 14. For inquiries, call 815-8080 or log-on to www.fortpalmspring.com.ph, or e-mail fortpalmspring@yahoo.com.

thomasian

February 14th, 2007, 05:26 AM

02.09.07

The FPS model unit @ MC Home Depot, 5 days before today's launching
http://i5.photobucket.com/albums/y195/aaron_ofngol/Photo_020907_005x.jpg

http://i5.photobucket.com/albums/y195/aaron_ofngol/Photo_020907_006x.jpg

kunoL8

February 14th, 2007, 08:02 AM

i like how it looks like but i would have to agree that it does look a bit out of place. the look is too "resort," IMO. and my god, the name and logo! change it please!!!

thomasian

February 14th, 2007, 08:06 AM

^^ It's kinda looking like a beachfront tower when it actually isn't.

laquacherra

February 14th, 2007, 09:33 AM

i've been seeing BYO's ad in the papers everyday... free seminar with snacks etc... BUT no mention of the name of this project... that's weird

satchel

March 11th, 2007, 05:50 PM

hi. does anybody here have any updates on this project?

marcintexas

March 13th, 2007, 04:38 AM

looks really nice, very Miami

alexela

March 13th, 2007, 03:33 PM

bagay sya sa boracay.... :)

marcintexas

March 13th, 2007, 04:00 PM

i would really like to live in this kind of building! i hope they construct more with this kind of aesthetic since it highlights the Philippines' better portrayal, a tropical beach paradise. it's like Fort Bonifacio imitating Fort Lauderdale.

http://www.emporis.com/files/transfer/sixwm/2003/11/229693.jpg
http://www.emporis.com/files/transfer/sixwm/2005/04/353204.jpg
http://www.emporis.com/files/transfer/sixwm/2005/06/375630.jpg
http://www.emporis.com/files/transfer/6/2005/08/385891.jpg
http://www.emporis.com/files/transfer/sixwm/2006/02/433725.jpg
http://www.emporis.com/files/transfer/6/2005/08/385579.jpg

the white and blue buildings are so refreshing to look at.

onyx88

April 1st, 2007, 07:28 AM

guys, if you would like to inquire about our project pls PM me. thanks.

six453

April 1st, 2007, 12:55 PM

where can we find showroom / showflats?

onyx88

April 1st, 2007, 03:53 PM

Our showroom is located at MC HOME DEPOT the fort. it's between S&R Shopping and Speedzone. sent you a PM

satchel

April 1st, 2007, 05:31 PM

guys, if you would like to inquire about our project pls PM me. thanks.

hi, i bought a unit here. kindly post pics/updates here so present and future buyers, or anyone interested, can get up to speed with the project. tnx.

the website isn't updated eh.

onyx88

April 1st, 2007, 06:02 PM

^^saw the site recently. mas malalim pa ung hukay nung site namin kesa dun sa katabing condo na matagal nang sold out.

will post pics soon.

Dvorak

April 2nd, 2007, 03:24 PM

Eh bakit ganon?? mas malalim na kamo yung hukay nyo.. pero turnover eh feb.2009 pa?? eh yung sa katabi nyo.. Nov.2008 ang alam kong turnover (baka mas mapaaga pa)..

^^yes, let's all wait and see. feb2009 yung target namin. do you know when ang target ng grand hamptons 2?

onyx88

April 2nd, 2007, 04:11 PM

shufatid

April 2nd, 2007, 04:16 PM

so onyx, kelan sila nag start mag excavate?

and kung hinde ako mag iinvest sa project na to because my funds are tied up, will there be a tower 2?

onyx88

April 2nd, 2007, 04:57 PM

shufatid, ill get back to you tomorrow. verify ko lang. pero as far as i know around january or february lang. basta this year lang din.

Gibson@G&W

April 2nd, 2007, 06:11 PM

oo nga wala naman sa lalim ng hukay yan. sinabi ko lang naman kung ano nakita ko.hehe nung una nga akala ko isang project lang ung buong lot na yun kasi magkatabi tlga. ang importante parehong matapos yan sa target date nila para masaya di ba

kaya dvorak wag na natin hintayin kung sino una matapos. hintayin nalang natin kung sino tutupad sa pangakong date of turnover.

ill post pics pag napadaan ako uli sa site.

Onyx88, you said it...excavation is nothing! It is the company who actually delivers on what was promised...what counts is the company who delivers what clients expect in terms of:

1) Actual unit size
2) Actual quality of construciton and finishes of the building
3) Design and layout of the unit, being livable and efficient

Then upon completion, unit owners will also expect that you are able to uphold:

1) The warranty of your units
2) The longenvity of the building through proper property maintenance

You also have to make sure that the proper documentation is complete in terms of the Condominium Certificate of Title, and make sure that all taxes are properly taken care of to do this.

Completion of construciton is one thing...but if the building is not what your unit owners expect then you will have problems.

As for the building beside your tower, I believe they have already done this 2 times, and will do it again at the end of this year...has your company done this yet? I certainly hope so, for the sake of all the speculators and people you've invited on your seminars that you promised that you will be giving away Php 60 Million of your unit owner's money! :lol:

(edited by moderator)

Gibson@G&W

April 2nd, 2007, 06:15 PM

shufatid, ill get back to you tomorrow. verify ko lang. pero as far as i know around january or february lang. basta this year lang din.

I actually live beside your construciton site and pass by there everyday...you started excavation only this march...late march to be exact.

The reason I know this is because the equipment that is being used for your site actually came from our site, after we were done with our excavation.

The January and February you think were the finishing touches of our excavation where we had to put the backhoe on your site to pick up the last few tons of land from our site. :)

(edited by moderator)

satchel

April 2nd, 2007, 06:31 PM

Oh, and have you recently reviewed the DSG (design standards and guidelines)...it states there that the smallest allowed units in BGC has to be 36 SQM....and have you already realised that that your smalles unit 42 sqm GROSS area, deducted 17% will be only 34 sqm NET area? GOOD LUCK!

hi, gibson.

is this 17% a standard percentage to compute net f.a. from gross f.a.? what's the basis for this figure? kasi i bought a unit here at FPS with a gross f.a. of 45.63sqm, but it's also indicated in my contract that i'll be getting a net f.a. of 39sqm. should i be worried?

on another note, i also have a studio in your kensington condo. i just wanted to clarify if the nett f.a. there is 36sqm. kasi when i paid for the dues for the last quarter of '06, it was based on 34sqm, tapos the dues for '07 are based on 36sqm. na.

tnx in advance for the clarification. :)

(edited by moderator)

shufatid

April 2nd, 2007, 06:37 PM

satchel

April 2nd, 2007, 06:45 PM

Thanks for your clarifications and thorough explanations Gibs... surely, I learn something new everyday just by reading SSC.

Question lang to anyone who can spare time to answer, why is there a gross floor space and why is there a net? San napupunta yung 17% space? Ku

Thanks for the info.

from the way it was explained to me when i bought my unit, the diff between the gross and nett f.a.'s is supposed to be my share in the contruction of the common areas. in my case, i paid for 45sqm but am only gonna get a 39sqm unit to live in.

Gibson@G&W

April 2nd, 2007, 07:04 PM

It is not my intention to say anything to bad mouth any company as we are a very professional organization. I have heard many things said about our company, but it is only hear say until I find an official written proof from a representative of FPS.

But just to clarify facts...BYO is not the same as BTO. Build-to-Own is an architect led project that eliminated the business entity who tries to make a profit on top of the direct cost of building the tower. IN short, BTO is direct to the architect of the building.

BYO is a businessman led project that hires an architect and professional group to build for them and then earn a profit before selling them to the clients.

BYO was started by a businessman who has no construction experience in the Philippines (I believe the original business of Mr. Cea is Fruit and Chickens), and is a developer entity who only had incorporated early this year 2007 with a measly Php 250,000 paid up capital! These are facts that I have found out researching this supposed entity with 100 years of experience daw in the SEC.

Even the association that they claim to have given them an award is non-existent here in the Philippines. Its one of those paid organization that will give you an award as long as you sponsor them. Who gives an award to a system that has not produced a single building anyway?

In their brochure, they have so openly shown that they will also elimiate the government entity in their spectacular BYO scheme. I do not know how they will eliminate paying taxes, but anywhere in the world, this will be considered fraud!

I have also heard that Mr. Cea has claimed that he owns 3 lots in FBGC, which can clearly be verified from FBDC head of commerical operations to be wrong!

Our organization is not against competition, and in fact welcome competiton. What we are aginst are entities that spread false information to try and take advantage of the improving economy of the Philippines and its consumers, and sell with false representation to their clients...giving the entire construciton industry a bad reputation.

So please Mr. Cea and company...just because you have attended our seminar, and think you know how to build a tower already just by listening to Arch Gilbert Yu for 3 hours...it does not mean BTO and BYO is thesame!

Gibson@G&W

April 2nd, 2007, 07:15 PM

from the way it was explained to me when i bought my unit, the diff between the gross and nett f.a.'s is supposed to be my share in the contruction of the common areas. in my case, i paid for 45sqm but am only gonna get a 39sqm unit to live in.

This is the correct explanation of gross and net area...

However the misdirection lies in the fact that the computation in their pricelist of cost per sqm will seem low because they added the commonarea in the unit area quoted. This will make coparing their prices to other prices not apple to apple computation, and make it seem like they have an advantage.

To the in-experienced buyer, they will immediately compare it to the price per sqm of other companies that use NET area and think that they are getting a better deal. However, they are not...I have made my own calculations taking their actual NET area and compared it to our NET area and saw that they are more expensive!

(edited by moderator)

Gibson@G&W

April 2nd, 2007, 07:44 PM

kasi i bought a unit here at FPS with a gross f.a. of 45.63sqm, but it's also indicated in my contract that i'll be getting a net f.a. of 39sqm. should i be worried?

39 divided by 45.63 comes out to 85.47%, which I think is too efficient a figure. It is close to impossible to attain 85% or more. unless you make hallways narrower than standard, and make ammenitiy/lobby areas too small for comfort.

BTO projects hover at around 82% to 83% efficiency. I would check your contract to see what takes precedence, the GROSS area or the NET area quoted.

If it is the gross area that will take precedence, I would be worried if I were you!

satchel

April 2nd, 2007, 08:09 PM

Gibson@G&W

April 2nd, 2007, 10:52 PM

now am confused again. is the 17% you quoted based on gross or net f.a.?

kasi if it's based on gross, then 45.63(gross) X .83 (100%-17%) = 37.8729

pero kung net ang basis ng 100%, then 45.63(gross) / 1.17 = 39

hmmm...... 1.12sqm diff, that's additional closet space sana. :)

Hmm, yes it could be the net that is the basis and then add 17%. What I was told by one of their brokers is that you subtract 17% from the Gross area to get the net area...but that could be wrong informaiton as well. It is all very confusing!

dodecruz

April 2nd, 2007, 11:46 PM

dodecruz

April 2nd, 2007, 11:54 PM

And also, Gross FA and Net FA only apply to BTO and BYO system? Kasi sa contract ko with 5th Ave parang ala akong matandaang nabasa kong Gross FA. There's this line lang that says that units could be +/- 2 sqm upon delivery at walang magiging adjustment sa payment. So my question, sa ibang developer ba, like Robinsons, kung ano yung sqm na binili mo, yun ang makukuha mo?

Thanks. Nakakalito nga ito.

Gibson@G&W

April 3rd, 2007, 02:51 AM

JLemmor

April 3rd, 2007, 04:13 AM

bustero

April 3rd, 2007, 05:27 AM

They're agents are quite aggressive. I went to see the W unit model in MC homedepot and one of their agents literally chased me to the parking lot. Talk about wanting to make sale.

Gibson@G&W

April 4th, 2007, 10:36 PM

There is a difference between marketing your company vs. spreading false information about other company...BYO can market themselves, and even inaccurately say that they are the same with BTO, but when they start spreading false information about BTO...then that is where I would taek offense.

There is also a difference between accurate information vs. the inaccurate information spread to trick potential client into getting a unit...Like informing your buyers that you own Block 13 lot 4 (lot of Blue Sapphire), when in fact you don't...like saying that an awards body gave you an award for the innovation of BYO...maybe you can give us the information about this award giving body...like who is the past presidents, when it was established, and what reason you were given an award. It is such a big question because no one in the indsutry seems to know who this award giving entity is...and it seems so unlikely that an award will be given when there is not a single hard evidence that proves that the BYO system works.

My interest here is really to make sure that people can know what is truth and accurate vs. what is not. There is not a single day that passes by where brokers who work with us have attended the seminar of BYO and have heard inaccurate information...of course these things funnel its way back to our office. I just worry that if these inaccuracies are spread around, some client will surely believe it and may regret their decision.

3cr

April 5th, 2007, 12:28 AM

Gibson@G&W

April 5th, 2007, 05:57 AM

^^ Tsk, tsk, tsk...Bakit ganoon Gibs. First it's Seibu then Fort Palm Springs...definitely not good for business and the industry as a whole. Why do they have to resort to underhanded marketing and selling tactics? Why need to bad mouth or spread misinformation? Can't they sell on the true merits of their respective projects? I wonder what's the lowdown behind this gorilla tactics they're resorting to. :ohno: :ohno: :ohno:

Over-compensation of some sort to mask short-comings possibly? Most of the time, people who are selling buildings and yet at the same time state that "we have enough money to build the building ourselves, even iwthout sales", are often bluffing. I know for a fact that if this were true, you would not then need to spend on advertising so much because you know that your performance will speak for itself.

Excavation is very cheap...especially excavation of a building with no basement parking level is even cheaper!

Since we are talking about giving credit where it is due...Seibu started marketing and mis-informing people that their system is a Build-To-Own system...but upon knowing that we have a trademark on this, they immediately stopped and marketed their product as it is, and stopped telling people they are the same as ours. I think it was an honest mistake on their part...

In the case of B-Y-O, I think the mis-information is relentlessly continuing...even to the point of saying that they are the first one to innovate it here in the Philippines...:ohno: :ohno: :ohno: I really don't know how they can think that the consumer public can so easily be fooled...

Dvorak

April 5th, 2007, 06:01 AM

just curious Gibs... how can this company used the same system if you own trademark for it?? BYO is basically BTO anyways.. or they just changed some technicalities.. then viola.. BYO...

Over-compensation of some sort to mask short-comings possibly? Most of the time, people who are selling buildings and yet at the same time state that "we have enough money to build the building ourselves, even iwthout sales", are often bluffing. I know for a fact that if this were true, you would not then need to spend on advertising so much because you know that your performance will speak for itself.

Excavation is very cheap...especially excavation of a building with no basement parking level is even cheaper!

Since we are talking about giving credit where it is due...Seibu started marketing and mis-informing people that their system is a Build-To-Own system...but upon knowing that we have a trademark on this, they immediately stopped and marketed their product as it is, and stopped telling people they are the same as ours. I think it was an honest mistake on their part...

In the case of B-Y-O, I think the mis-information is relentlessly continuing...even to the point of saying that they are the first one to innovate it here in the Philippines...:ohno: :ohno: :ohno: I really don't know how they can think that the consumer public can so easily be fooled...

-TC-

April 6th, 2007, 08:57 AM

I do know that all of us want what is best for everyone whether they are fellow SSC forumers or ordinary investors who are not in our forums. There are so many questions that really do need to be answered by BYO at this point. Despite this we know that BYO is still out there selling this project to investors. These investors may not ask lots of questions like us. They may already have put in their reservation fees and plunked down some cash for this their dream condo. So what can we do? What can SSC forumers do?

For all we know BYO is a legit company with a legit project but doubts have piled up here. BYO's biggest enemies now are questions about their credibility. We hope we'll get some answers from them soon.

portludlow

April 8th, 2007, 11:04 AM

Lofty aspiration comes true
Carlomar Arcangel Daoana, Staff Writer
04/04/2007

http://www.tribune.net.ph/life/20070404lif1.html

As one enters the model unit of Fort Palm Spring located at MC Home Depot at the Fort Global City, one is immediately greeted with a feel-good ambience. The tones are in warm olive and bronze, tempered with intermittent expanses of white. The chairs, woven and adorned with cute little throw pillows, invite the viewer to sit down and relax his eyes upon a suite of abstract works mirroring the colors of the interiors.

Now, imagine that semblance of home perched in any of the 27 floors of Fort Palm Spring, opening to a luxurious view of the Global City, the Manila Golf Club, or the ragged silhouette of the Makati skyline against an intensely blue sky.

The visual treat, however, begins with the building itself. The lobby sprawls into a dream of marble and dripping chandelier. Evoking the tropical ambience of Palm Springs in California that inspired it, the development dazzles with a breathtaking landscape bristling with palm trees and sky gardens that disrupt the smooth, sleek lines of the building’s decidedly modern design.

Safety, needless to say, comes first. All units, which start from spacious open layouts of 32 sq.m. for studio up to 78 sq.m. for two-bedrooms in standard finish or model unit finish, are fitted with automatic sprinkler systems and smoke alarms, intercom system, built-in exhaust, piped-in gas direct to kitchen provision for cable television, two-line phone and high-speed Internet connections, provisions for hot and cold water supply, and individual electric meters and mail boxes. Residents are assured of tight, 24-hour security, ample basement parking, and access to three high-speed elevators, first class saunas, spa, fitness gyms, and indoor and outdoor swimming pools.

Fort Palm Spring’s location is reason enough to move in. Situated at the corners of First Avenue and 30th Street in the Fort Bonifacio Global City, the building is a stone’s-throw away from vital business, educational, medical, recreational and commercial sites. It is neighbors with Net One and Bonifacio Technology Center, International School Manila, St. Luke’s Medical Center, Manila Golf Club in Forbes Park, the Fort Square, the Fort Strip and Market! Market!

Without the hefty price tag

Though one can easily surmise that developments like this come with hefty price-tag, what with the location and the building amenities and features, Fort Palm Spring pulls a pleasant surprise. First BYO Corp., which constructs the development, has devised a way to cut the cost of the units to as much as 40 percent. A square meter in the area that normally costs P95,000 pales in comparison with the P52,000 per square meter offered by Fort Palm Spring.

The concept, simply called Build-Your-Own (BYO), brings the buyer closer to the project managers and builders, eliminating the cost associated with the middleman. “The buyer,” First Pacific BYO assistant general manager Myrna Besabe explains, “becomes the owner/developer through the project manager and the development team.”

Expenditures associated with the middleman include but are not limited to advertising cost, various overheads, taxes, debt services and undeclared loans. These expenses, which have nothing to do with the construction of the building, eat about 40 percent of the unit buyers’ money. By cutting the middleman, First Pacific BYO can drop, conversely, the price of their units to as much as 40 percent.

The BYO scheme assures buyers of debt-free, zero mortgage deals as they become independent from target profit quotas which fund project developments and are guaranteed that their money is used solely for construction. A built-in security feature of the BYO system is a depository and disbursement bank (Banco de Oro) that will make sure that all the funds will go to the building’s construction which, as clients wait for their units to be completed, incur interest. Pag-ibig and in-house financing are also available for those in the look-out for a comfortable payment scheme.

Formidable team

First BYO, though offering a cheaper alternative to condominium living, did not cut corners in terms of the formidability of the team—composed of architects, builders, construction project managers and engineers—that will realize its projects. Some of the key players include SM Mall of Asia’s architect Robert Carag Ong, the country’s number one structural engineers Aromin & Sy, top construction manager Dennis Abcede, and top builder CE Constructions, all boasting of over 35 years of experience in the construction industry.

The company is confident and banks on its 35 years of solid experience in project management of multimillion-dollar commercial and residential developments in countries such as the US, Australia and China, envisioning to replicate what they have accomplished in these countries here and make groundbreaking change to the Philippine high-rise scene.

Besabe assures that Fort Palm Spring will be finished in two years, three years ahead of the usual. “This will enable our clients to move into their homes sooner or rent them out sooner so that they can either save up to five years’ worth of rent or earn up to five years’ worth of rental income,” she explains.

The response to Fort Palm Spring has been positive. Over 35 percent the units have been sold and in a half a year’s time, Besabe says that they are optimistic that all the units would already be sold out. This has invigorated First Pacific BYO to begin drafting their next three projects, still at the Fort Global City.

Fort Palm Spring model unit is located at MC Home Depot, 32nd Street cor. Bonifacio Blvd., Global City Fort Bonifacio, Taguig City. For inquiries, call 815-8080 or 727-4221.

JLemmor

April 9th, 2007, 07:41 AM

On the bright side though, hopefully they are legit because they are said to be planning 3 more projects in BGC.

alexela

April 9th, 2007, 10:22 AM

On the bright side though, hopefully they are legit because they are said to be planning 3 more projects in BGC.

cool!:)

satchel

April 9th, 2007, 06:53 PM

On the bright side though, hopefully they are legit because they are said to be planning 3 more projects in BGC.

i have no choice but to look at the bright side since i already plunked my moolah into this project. hehe.

hopefully, the presence of banco de oro as the disbursement bank is enough of a safeguard to ensure that all monies paid are directly put into constructing the building.

at kung hindi man umabot sa critical mass yung buyers, solian nlang ng pera (with trust account interest). fingers crossed.

laquacherra

April 10th, 2007, 04:23 AM

i have no choice but to look at the bright side since i already plunked my moolah into this project. hehe.

hopefully, the presence of banco de oro as the disbursement bank is enough of a safeguard to ensure that all monies paid are directly put into constructing the building.

at kung hindi man umabot sa critical mass yung buyers, solian nlang ng pera (with trust account interest). fingers crossed.

i'm not as brave as you are... we're talking serious money in any real property investment. of course i'm sure you've done your research regarding this developer. with regards to BDO as the disbursement bank, in one of the other threads i've read that they don't all work like G&W's... other developers can actually access money of a client's account through a "joint" capacity or something like that

Dvorak

April 10th, 2007, 04:37 AM

elo!!

eto some pics..

http://i29.photobucket.com/albums/c277/patok/FBGC/DSC02528.jpg

ang pinagmamayabang na hukay..
http://i29.photobucket.com/albums/c277/patok/FBGC/DSC02532.jpg

Edited again - I think this is not off topic as this is the comparison for the other project na sabi nya eh mas malalim pa daw yung hukay nila.

eto yung hukay sa kabila
http://i29.photobucket.com/albums/c277/patok/FBGC/DSC02533.jpg

(edited by moderator)

realtor_manila

April 10th, 2007, 04:57 AM

Erwin, thanks for the photos!

queetz@home

April 10th, 2007, 05:16 AM

^^ I don't like what's being transpired here. This is essentially a personal attack on a broker-forumer who was merely relaying information for a project she happens to know about. And you expect him or her or anybody who may know more about this project to respond? Plus bashing a project like this is not very helpful. For all we know, the company developing Fort Palm Springs is legit and like all new companies, they have to start from somewhere.

If G&W and its supporters have a problem with the marketing of Fort Palm Springs, this shouldn't be an excuse to bash others (and if they are breaking the law or doing something illegal, then report it to the proper authorities, not bash individuals). After all, this forum is for everybody, not just a certain niche group. What I see here is typical crab mentality. Instead of sharing ideas and working together to make our country more prosperous and encouraging people to invest in our country, it seems the opposite is happening and some kind of elitism is forming.

Besides, based on some other forumer's ultra persistent never ending cheerleading, anything BGC are implied as "excellent investments". Clearly this is not the case! Or is it? :|

Anyways, while due dilligence is required for any investment in any project, whether it is in BGC or elsewhere in the world, I think discussions should remain as objective and as constructive as possible. After all, what we want are more skyscrapers in the Philippines, right?

Dvorak

April 10th, 2007, 05:19 AM

it's different if you are just honestly relaying information than relaying FALSE information..

I just posted pictures as proof.. what's wrong with that?

queetz@home

April 10th, 2007, 05:21 AM

^^ How do you know its false information? Do you have inside info?

Dvorak

April 10th, 2007, 05:24 AM

did you read the thread?? pakibasa po muna..

ang sabi mas malalim na yung hukay nila don sa kabila..

^^ How do you know its false information? Do you have inside info?

queetz@home

April 10th, 2007, 05:27 AM

^^ Yes I read the thread and have been following it for a while. But childish behaviour is never a good thing (plus its very counter productive). Plus personal attacks in Skyscrapercity is not allowed in any circumstances! :|

Dvorak

April 10th, 2007, 05:32 AM

nabasa mo pala.. so naniniwala ka na mas malalim na ang hukay nila??!

posters here are not stupid.. so if you go here then start saying things that are not true.. people here will react..

^^ Yes I read the thread and have been following it for a while. But childish behaviour is never a good thing. Plus personal attacks in Skyscrapercity is not allowed in any circumstances! :|

queetz@home

April 10th, 2007, 05:33 AM

^^ But again, it does not justify personal attacks or childish behaviour! Which part of that do you NOT understand?

bustero

April 10th, 2007, 05:35 AM

^^ In BTO buyers deals with the architects. With BYO the buyer deals with the 'project managers and developement team'. In short, DEVELOPER? Who did they cut then to afford a 40% price reduction?

"BYO was started by a businessman who has no construction experience in the Philippines (I believe the original business of Mr. Cea is Fruit and Chickens), and is a developer entity who only had incorporated early this year 2007 with a measly Php 250,000 paid up capital! These are facts that I have found out researching this supposed entity with 100 years of experience daw in the SEC."

In the above earlier post, this company was said to be incorporated with only Php250,000. How can it afford to do 'IN HOUSE FINANCING'? Magic?

Anybody from this developer please enlighten us.

I don't know anything about this developer. But what I can say in general is that putting up a company in the SEC doesn't require a lot of money initially, even if one is putting up a huge project. The fact that the initial paid up capital does not really mean much. There could be subsequent capital infusions that do not reflect in the SEC papers. This happens all the time as their record keeping is still not up to par. In fact in many political accusation cases you hear from the senate, you will hear that piatco or mrt or whoever was put up with only 10000Php or whatever, something not commensurate with the total project size, but again it may just be the initial paperwork.

I suggest that people who are truly interested in the project, of course do their due dilligence in terms of who the developer is and more importantly take a look at the paperwork that states the contractual obligations of all parties. If you are willing to live with the business terms whatever they may be then by all means buy it if it's the right thing for you. I personally think that there is nothing sinister in this project perhaps just bad communication.

Dvorak

April 10th, 2007, 05:35 AM

asan ang personal attacks??

^^ But again, it does not justify personal attacks! Which part of that do you NOT understand?

queetz@home

April 10th, 2007, 05:39 AM

^^ Ganging up on onyx is not a personal attack? Geeze! :|

Just admit that you are wrong and end this pissing contest now! People have a priviledge to relay information about a project in good faith! If Onyx happen to relay wrong information, I highly doubt it was done with nefarous intent! And if he or she did have malicious intent, then she would have to answer to the proper authorities (including SSC staff). But as far as I can tell, he or she has not done so.

NO ONE HERE IS HOLLIER THAN THOU, don't forget that!

queetz@home

April 10th, 2007, 05:44 AM

I don't know anything about this developer. But what I can say in general is that putting up a company in the SEC doesn't require a lot of money initially, even if one is putting up a huge project. The fact that the initial paid up capital does not really mean much. There could be subsequent capital infusions that do not reflect in the SEC papers. This happens all the time as their record keeping is still not up to par. In fact in many political accusation cases you hear from the senate, you will hear that piatco or mrt or whoever was put up with only 10000Php or whatever, something not commensurate with the total project size, but again it may just be the initial paperwork.

I suggest that people who are truly interested in the project, of course do their due dilligence in terms of who the developer is and more importantly take a look at the paperwork that states the contractual obligations of all parties. If you are willing to live with the business terms whatever they may be then by all means buy it if it's the right thing for you. I personally think that there is nothing sinister in this project perhaps just bad communication.

Indeed! And responses like these are more ideal and in the spirit of this section of the forum rather than the silly stupid childish reactions I've seen here. :yes:

-TC-

April 10th, 2007, 11:15 AM

Remember that...

... people who are truly interested in the project, of course do their due dilligence in terms of who the developer is and more importantly take a look at the paperwork that states the contractual obligations of all parties. If you are willing to live with the business terms whatever they may be then by all means buy it if it's the right thing for you. I personally think that there is nothing sinister in this project perhaps just bad communication.

And of course, for all of us including myself to practice this as well...

... while due dilligence is required for any investment in any project, whether it is in BGC or elsewhere in the world, I think discussions should remain as objective and as constructive as possible. After all, what we want are more skyscrapers in the Philippines, right?

Keep cool. Peace to all. :cheers:

satchel

April 10th, 2007, 11:18 AM

i'm not as brave as you are... we're talking serious money in any real property investment. of course i'm sure you've done your research regarding this developer. with regards to BDO as the disbursement bank, in one of the other threads i've read that they don't all work like G&W's... other developers can actually access money of a client's account through a "joint" capacity or something like that

yup, i checked my trust account contract with BDO. and i made sure that it's solely between me and the bank. first global byo is not a party to that contract. so the money in there will go solely to the contruction of the condo.
i appreciate your concern, though. :)

laquacherra

April 10th, 2007, 11:31 AM

yup, i checked my trust account contract with BDO. and i made sure that it's solely between me and the bank. first global byo is not a party to that contract. so the money in there will go solely to the contruction of the condo.
i appreciate your concern, though. :)

sounds like you did your homework alright :okay: thanks for that clarification :)

queetz@home

April 10th, 2007, 02:15 PM

^^ Actually, it seems Dvorak confirmed my "interpretation" when he implied Onyx of relaying FALSE information intentionally as oppose to simply asking to reply to the questions. :|

it's different if you are just honestly relaying information than relaying FALSE information..

I just posted pictures as proof.. what's wrong with that?

Besides, my post is for ALL that is bashing, teasing and confronting Onyx, not just Dvorak. It is to remind people that such childish actions are counter productive to the spirit of this forum, which is to promote and discuss ALL projects, not just a few. I really don't see what is wrong with that and why its so bad to remind people to remain civil, constructive and objective as oppose to being so negative towards ONE forumer who happens to be merely posting info that he or she knows. Afterall, given that you own a GW unit, one can easily interpret some kind of bias at your part as well for not having the moral capability of seeing what is clearly a personal attack. :|

shufatid

April 10th, 2007, 02:33 PM

:lol: Afterall, given that you own a GW unit, one can easily interpret some kind of bias at your part as well for not having the moral capability of seeing what is clearly a personal attack. :|

Yes, after my full disclosure of owning a unit at Grand Hamptons and planning to invest at Fort Palm Spring, I could CLEARLY see how I am being immoral and that questioning and doing my research on my possible investment is a personal attack! /end sarcasm. :lol: :lol:

The End.

queetz@home

April 10th, 2007, 02:34 PM

^^ Yup yup! Confirming once again the childish nature of some of the people here! Its funny since I never questioned anybody for doing due dilligence on the project, just the bashing, teasing and confronting of a forumer. Being a good Samaritan is so tough sometimes.... :|

Sinjin P.

April 11th, 2007, 11:09 AM

queetz@home

April 11th, 2007, 11:16 AM

^^ Awesome!! Thanks so much Jhaelnis! Great job! :okay:

Dvorak

April 11th, 2007, 11:25 AM

bakit kailangan i cross out yung ibang posts?? Aren't we allowed to exchange info here anymore??

Also - for the record.. Onyx did not relay any info.. he said he went to the site, at nakita nyang mas malalim na yung hukay nitong project na to kesa don sa kabila, na according to him eh matagal nang sold out.. again, nakita nya, hindi sinabi sa kanya

now, I posted a comparison photo.. bakit kailangan i delete yung photo na nagpapakita nung project sa kabila??

so mas papayagan na lang natin na basta mag post dito kahit maling info ang ni po post?

Sinjin P.

April 11th, 2007, 11:37 AM

so mas papayagan na lang natin na basta mag post dito kahit maling info ang ni po post?

No. Ofcourse you are allowed to correct the misleading information but not in a distasteful, rude, immature, disrespectful and discriminating manner which obviously is what has happened here. :|

Dvorak

April 11th, 2007, 11:46 AM

huh? ano yan pabago bago nang posts.. kada refresh ko iba post??

nakita mo na ba yung ibang threads?? at pinagdidiskitahan mo tong thread na to?? anong rude and disrespectful sa mga posts na ni delete mo?? I was injecting humor pa nga to make the situation light para mawala yung tension.. tapos ni pag de delete mo yung mga posts?? may ni personal ba ako?? wala naman.. we were just looking for Onyx' reply at 2-3 pages na yung nakaraan wala pa syang reply.. tapos dedelete mo yung mga posts?

anong masama don sa "tao po tao po nandyan po ba si Onyx??" disrespectful na ba yun?? broker sya nung project diba.. at nakikita nya yung site.. so malay mo kung nandon nga sya..

Sinjin P.

April 11th, 2007, 11:58 AM

nakita mo na ba yung ibang threads?? at pinagdidiskitahan mo tong thread na to?? anong rude and disrespectful sa mga posts na ni delete mo?? I was injecting humor pa nga to make the situation light para mawala yung tension.. tapos ni pag de delete mo yung mga posts?? may ni personal ba ako?? wala naman.. we were just looking for Onyx' reply at 2-3 pages na yung nakaraan wala pa syang reply.. tapos dedelete mo yung mga posts?

anong masama don sa "tao po tao po nandyan po ba si Onyx??" disrespectful na ba yun?? broker sya nung project diba.. at nakikita nya yung site.. so malay mo kung nandon nga sya..

1. Yes I've seen the other threads and my helicopter vision has spotted this thread shouting with a wide open mouth, yelling to me that he should be attended to first. http://www.markyctrigger.com/forum/images/smiles/3.gif

2. As I said earlier, it is certainly not appropriate to post personal conversational posts and queries and rantings when you do not get your wanted answers. Remember, SSC is just an online forum, and onyx is just like us all, mere human beings. Who knows, he might have lost his internet connection, there might have been an emergency, he might have other more important things to attend to, he might have his own reasons, or even no reasons at all, and we should respect that! http://www.markyctrigger.com/forum/images/smiles/1.gif

Now please stop whining, the action has been done. It would be best if we could all go back on track to the topic of this thread, please. ;)

Gibson@G&W

April 12th, 2007, 06:52 AM

Hello Mods and People who are part of this thread...

For a while now, we have been hearing many things that have been said by FPS and many of its staff. Being an insider and a player in this industry for a long time already, we can easily separate the truth and the what is not true...

as a representative of our company, I am obliged to act professionally, and to state things as it is. We have refrained from posting corrections to the "hear say" information that we come to know about on a daily basis...even if we know that most of it is inaccurate, because it is not published.

I agree that on the side of Onyx, he might be just regurgitating things that have been said to him by his boss, and is not something that he is doing intentionally, and therefore personal bashing is not to be accepted. But I think as an aspiring professional in the industry, he himself has a right to learn and be able to exctract the truth from what is said to him, instead of just accepting everything and echoing it to people without filtering!

I take offence when the information that he is publishing in a creditble thread like this is not to market their own project, but to attack our project, I believe that is is our right to defend ourselves also. And I think as mods, this should be corrected!?

Without a single word of attack by G&W and its staff, Onyx started to say inaccurate things like their excavation is deeper than ours...which is very very clear breach of FACTS! Will he take responsibilty if our client happens to read this thread and get worried about their project? I don't think so...

We did not act to bash onyx, but only reacted to his attack. I regret that it is your intention to edit my posts so that onyx need not clarify information that has been questioned...you are mods, and I will not complain. But it is my belief that by editing posts of other people and not allowing onyx or representatives of FPS to come out an correct these facts, if indeed they are incorrect, dulls the information..and renders the post useless.

I believe that the essence of a board like this is to give people the freedom to read the informaiton, digest it and form their own opinion. It seems to me that the statements I made to question their company's credibility was edited out, even if it has nothing personal towards onyx or fps!

If it seems like onyx is being bashed using in-accurate information, I trust the people will be smart enough to know this, and the basher will lose their credibility...but by editing it out, it seems to me that the opinion of the reads are being manipulated!

Because if onyx or any FPS representative own up and clarify these things...then chances are it is true, and the people have a right to know. Nobody else will give the consumer public these informaiton if not the experts here in SSCR! If you allow FPS to spread incorrect facts without standing up againts them, or questioning them...the consumer public will become sitting ducks...If you want me to scan their materials, and point out the factual inaccuracies, I can do it, because everything that I said can be backed up by proof!

This has been the problem here in the Philippines...there are not enough active bodies that help the consumer public in their decision. And this has allowed many comanies to have exploited the innocent public...if you go to HLURB, you will easily see thousands of cases, by consumers seeking protection from fly-by-night companies...do we just stand here and do nothing?

Facts are edited or removed from posts out of courtesy? or whatever reason mods have to protect onyx. I believe that if their project is indeed legitimate, they should be able to protect themselves

My statements are based on fact...if they can refute that, well good for them...but if they can't, wouldn't you think that the consumers looking through this board have a right to know?

Gibson@G&W

April 12th, 2007, 07:06 AM

Most people who are here in the thread are PASSIONATE about the topic of real estate and real estate development in the Philippines.

We should be grateful that there are individuals that take time to learn and research and to share their information to the consumers that our government falls short on.

I think the reason why SSCR is becoming so popular in the Philippines, warranting the creation of our very own sections here is because of the passion of all its members.

It is only but normal that people can be personally affected by false informaiton that is being spread around by unscrupolous players! It is only but natural that people here will be angry by companies who want to earn money, not by performing well, but instead marketing false information or bashing other companies, like onyx bashed us in his post.

It is only normal that people would be offended when someone instead of marketing their own project, decides that their marketing strategy is to bash G&W...

I certianly do not understand why mods want to dull the thread by removing statements made, and by protecting such a company and an individual :ohno:

Dvorak, is a committed member of the SSCR forum...he is neighter profiting nor getting compensation to clarify information for the benefit of other people who need informaiton in the raw...he takes his time to share with forumers the knowledge that he has gathered to protect innocent buyers...with no benefit to himself. I personally think that it is wrong for him tp be punished for the service that he is doing!

Please take note that nowhere else will people find raw information. All informaiton out there are sugar coated with marketing gimmicks and strategies! SSCR is a safe-haven for consumers not to be bombarded by marketing gimmicks and get information in the RAW....

I am truly disappointed that this thread was edited to make it more sugar coated...and I believe it is a deviation from what SSCR and all forums in the world stands for.

Lock the thread if the mods feel that it si off topic, but by editing what I said, my words are taken out of context already, and the informaiton will not be fully given to the consumers!

Gibson@G&W

April 12th, 2007, 07:21 AM

A questions I have to the mods:

It is clear that Onyx lied and spread false information in his post...information that is also bashing G&W...A bash and a lie at the same time...

why is it that you still find ways to protect him? Clearly their intention to post is to earn a profit form consumers...and by using flase information. How can this be toletrated...while at the same time, people who put correct facts (not to profit but to help the community, i might add) are punished and threads edited?

Sinjin P.

April 12th, 2007, 07:24 AM

^ Please reread posts # 108 and 111 as many times as you can until you understand what SSC is all about :|

dodecruz

April 12th, 2007, 07:30 AM

I wonder, paano ba nagiging moderator ang isang forumer? Whats the criteria?

Dvorak

April 12th, 2007, 07:32 AM

madali lang.. dagdagan mo pa nang 9,074 yang post count mo.. baka pwede ka nang dumagdag sa kanila..

I wonder, paano ba nagiging moderator ang isang forumer? Whats the criteria?

dodecruz

April 12th, 2007, 07:38 AM

That's it? Wow, ganun pala nun. Ganda ng criteria. You can definitely learn from somebody like that.

Sinjin P.

April 12th, 2007, 07:46 AM

I wonder, paano ba nagiging moderator ang isang forumer? Whats the criteria?

madali lang.. dagdagan mo pa nang 9,074 yang post count mo.. baka pwede ka nang dumagdag sa kanila..

That's it? Wow, ganun pala nun. Ganda ng criteria. You can definitely learn from somebody like that.

Oh geesh, when forumers don't get what they want, they begin to piss at the moderators. :|

The criteria? Above anything else, one has to be mature for the role. Then one has to show passion, enthusiasm, objectivity and that he is willing to do what is right even if it is unpopular. And ofcourse one has to be active in the forums to be able to monitor it regularly :cool:

Gibson@G&W

April 12th, 2007, 07:47 AM

Thread reopened, now keep it clean! Some of you may have received PMs, read them! ;)

Let me clarify, SkyscraperCity Philippines is a forum where we should have a professional atmosphere to discuss, analyze, and post updates on the progress of construction projects in the Philippines.

Although SSC Philippines already has a significant role in the local real estate industry, SSC Philippines is not a "selling area" so it is certainly not appropriate to post personal conversational posts and queries and rantings when you do not get your wanted answers. :| We have the PM function fyi.

As one has stated earlier, it is SSC that comes first when searching for any project so everyone is encouraged to make his/her postings substantial and relevant to the topic-at-hand making things more organized and presentable since SSC really has a wide audience of potential investors and forumers alike.

;)

Wasn't the message of onyx asking people to pm him if they are interested to buy considered "selling"?

Isn't it also a rule of SSCR that people who lie and bash other companies should be reprimanded...Didn't Onyx bash G&W...and bash them using a lie and not the truth?

This logic is simple...

Onyx lied and spread wrong information....as a result SSCF people corrected him...instead of getting support from mods like yourself...you deicded that it is right to protect the liar and punish the person correcting the truth...

The logic is simple...liar should be punished and contributors awarded! Why is a liar protected here? Would a judge tell the executioner to take it easy on the murderer? I don't think so...

Does SSCR stand to protect liars as well, because as a mod, this is certainly what you did!? And we should have it published now if this forum will be here to do the right thing, or not!

Put yourself in the shoes of someone who is going to plunk down Php 5,000,000 of their hard earned money...would you appreciate it if the person who got your money lied to you? Would you protect him from people who try to help you distinguish what is right or not? Would you forgive the person who lied to you to get your Php 5,000,000?

Housing expense takes up 50% or more of someone's earning! I would not take it lightly...and people should not be lied to when it comes to spending their hard earned savings!

Gibson@G&W

April 12th, 2007, 07:49 AM

The criteria? Above anything else, one has to be mature for the role. Then one has to show passion, enthusiasm, objectivity and that he is willing to do what is right even if it is unpopular. And ofcourse one has to be active in the forums to be able to monitor it regularly :cool:

protecting a liar is really indeed the unpopular decision....

if it is the right one...well I don't know if that needs argument pa!

dodecruz

April 12th, 2007, 08:27 AM

Wasn't the message of onyx asking people to pm him if they are interested to buy considered "selling"?

Isn't it also a rule of SSCR that people who lie and bash other companies should be reprimanded...Didn't Onyx bash G&W...and bash them using a lie and not the truth?

This logic is simple...

Onyx lied and spread wrong information....as a result SSCF people corrected him...instead of getting support from mods like yourself...you deicded that it is right to protect the liar and punish the person correcting the truth...

The logic is simple...liar should be punished and contributors awarded! Why is a liar protected here? Would a judge tell the executioner to take it easy on the murderer? I don't think so...

Does SSCR stand to protect liars as well, because as a mod, this is certainly what you did!? And we should have it published now if this forum will be here to do the right thing, or not!

Put yourself in the shoes of someone who is going to plunk down Php 5,000,000 of their hard earned money...would you appreciate it if the person who got your money lied to you? Would you protect him from people who try to help you distinguish what is right or not? Would you forgive the person who lied to you to get your Php 5,000,000?

Housing expense takes up 50% or more of someone's earning! I would not take it lightly...and people should not be lied to when it comes to spending their hard earned savings!

I couldn't agree more! In truth, i was able to talk to oynx re this proj. It has unbelievable price (read: Mura) and easy terms that immediately i'm interested. until i read the posts here. It was a big help in educating the buyer. yun naman talaga ang point ng forum na ito diba? help potential buyers decide. for their protectionl. I hope the mod can understand that.

shufatid

April 12th, 2007, 08:30 AM

This whole thread is leaving a sour taste in my mouth so I'm going to leave it after this post. I simply could not ignore the childish manner in which this thread was handled, especially since 'childish' was the fave jargon here lately. So to keep the theme, I say:

It's really extreme to delete the "LOL", "Hahaha" posts here. If you edit those, then have a standard and edit all of them in all other threads. You cannot delete some and leave some. People found the statements and/or photos funny, respect that. It borders on ridiculousness that such posts had been deleted!

It is also very childish to censor posts simply because they have info on GW projects, because people are using that as comparison, especially since it was Onyx himself who compared their project to that of GW. What is wrong with that? Other threads have comparisons of different projects. On this thread, facts were stated, but were either crossed out or deleted.

It is even more childish to cross out posts by Gibson, when people would surely agree that those were the most informative ones. I wonder, though, if it were another person, and not Gibson of GW who posted the explanations of Net area vs. Gross area, would the posts be censored as well? It's a shame that even when people here have explicitly said that those posts were enlightening, those have been censored still. That post about the Net vs. Gross was a gem. With all due respect, it is a shame that the enlightened moderator decided to censor that.

From the actions above, it looks like FPS has a special place here, or at least the moderator decided to keep it under his wing. Jhaelnis, please do not insult the integrity of the people here who question your actions by saying they are attacking you. Please refrain from hiding under the banner of 'personal attack'. In this forum, big words have been used: I've been called not having "the moral capability" simply because I own a unit at Grand Hamptons 1, which I am not hiding anyway. But that wasn't flagged as personal attack for some reason. However, if I were an owner at FPS and I've been called that, I have a feeling that it would be under the 'personal attack' label.

To all the other forumers, may I suggest that you do not take the bait of some forumers here who are fond of stirring up trouble. It is easy to spot them and further reading on other threads show that there are those who are reuglar sh_t stirrers. Please focus on the context of the thread: info and updates on the stated project. There would always be trolls in every internet-based forums who would come in and post something negative to stir up things, and there would always be those who would take the bait, turning the thread into another boring pissing match.

dodecruz

April 12th, 2007, 09:31 AM

amen to that!

Gibson@G&W

April 12th, 2007, 10:05 AM

Yes, I completely agree to the post of shufatid, in the sense that, what was edited here should be uniform in all the other threads here....why is this thread being treated differently than others? Why ar ethings edited here and allowed in other threads?

3cr

April 12th, 2007, 10:11 AM

To all the other forumers, may I suggest that you do not take the bait of some forumers here who are fond of stirring up trouble. It is easy to spot them and further reading on other threads show that there are those who are reuglar sh_t stirrers. Please focus on the context of the thread: info and updates on the stated project. There would always be trolls in every internet-based forums who would come in and post something negative to stir up things, and there would always be those who would take the bait, turning the thread into another boring pissing match.
^^ Well said and I do agree. We know well enough who that member who has been stirring sh_t and causing trouble in the threads. Bato bato sa langit ang tamaan huwag magalit. I hope our Mods will have the chance to go through the threads to see who is actually starting/causing the trouble and hopefully will not tolerate such crab mentality and bad behavior to continue ruin the thread(s)/forum. That's all I have to say. :) :) :)

tootsjap

April 12th, 2007, 11:39 AM

when I reacted strongly when one forumer posted a fairy tale story (a LIE) of the existence of a "Magdalo Detention Center" in Villamor Airbase, another forumer reacted and posted expletives at me, a moderator saw the heated exchange and locked the thread, but he did not brigged me, another moderator was contacted by this forumer and appeared to simply followed his request to brigged me, the liar got the kudos, I got brigged.

I suggest brazen lies, especially if it can influence important investment decisions should be exposed and not protected at the expense of those who protect the interest of reading forumers

negativity, bad choice of words, jokes and even unintended offenses cannot be compared to outright lies and misrepresentation

In the real world, those who commit fraud and perjury go to jail. In SSC, those who expose the lies are in danger of getting brigged or censored.

queetz@home

April 12th, 2007, 11:59 AM

^^ Actually I sent that message to all the mods. The one that initially locked it had to go quickly for a ski trip, hence why the other mod did the brigging. And my God! Those who saw that thread totally agreed that it should have been locked and the brig was indeed justified (note that Admins also vet any brigging and banning, not just because forumers or mods want to do so). And the only lie there was when you accused that forumer of being a con man, when clearly he is not (I know at least one participant in this thread, Dvorak, met that guy that you attacked).

tootsjap

April 12th, 2007, 02:44 PM

Some well-respected and long-time forumers did say that my brigging was unfair.

The Magdalo Detention Center in Villamor Air Base do not exist. That is a fact. Since you believed and stood by his story, could you provide evidence that the facility existed? And are you suggesting that because one person in this forum met the person means that he did not invent that fairy tale of a story to fool people?

Any good forumer should be free to raise issues with anybody in this forum if he suspects that somebody is out to fool people with false information and let that person defend himself - that is only fair.

Gibson's and Dvorak's postings here to me are very straightforward and objective. People who post lies will naturally be put on the spot and challenged. If they can't defend then that reflects on them and that is not a malicious personal attack.

If you want to police exchanges here where one challenges the veracity of certain postings, you should do it with fairness and level-headedness. Throwing expletives to fellow forumers like you did, does not set a good example for what you are preaching that people do in this forum. It does not matter if you founded this forum or you have been here since the beginning, you should follow the same standards that you require people to follow.

queetz@home

April 12th, 2007, 03:59 PM

^^ Let it go. SSC staff saw your actions and made the right decisions. Did you not see what shufatid said? This isn't the Economy section and there is no point hijacking this thread to stir sh*t for the advancement your political views like what you do in the Election threads. If you don't like the way SSC mods handled your disciplinary case, no one is forcing you to stay. And if you continue stirring up sh*t, then you wouldn't be entitled to stay at all... :|

Sinjin P.

April 12th, 2007, 04:48 PM

Thread has been reopened once again. Take this post as a last warning to anyone who would try to depart from the topic ;)

onyx88

April 12th, 2007, 04:54 PM

Hello everyone!!

I know you’ve been waiting for my answers to your questions. Please give me the chance to explain my side. But first, please allow me to explain myself first and company/project aside. The questions regarding our project will be answered by someone who could best explain the other side of the coin.

Please excuse my long absence in this thread. During the holy week I had a long vacation in our province and we don’t have internet connection there. I just arrived last Sunday and I’ve been following the thread ever since. At first, I was really shocked with what has transpired. Satchel was just asking for an update in the site since he already bought a unit from us. I didn’t know that what I’ve said will result to such.

My statement was simply to give an update to satchel. It was meant to inform him that “hey, we are working hard to meet what we’ve promised, that we are doing our best to deliver.” It was solely to update him with what my naked eye saw when we had a site visit. It was never meant to attack, bash, or bad mouth the other project. If I offended the owners involved because of the side comment, please excuse my carelessness. But again I really mean no harm.

If you were thinking that I was here just to make trouble, that’s not true. If my goal was to deliberately attack our competitors, I could have used another account and threw accusations on the threads of their projects, make it as chaotic as possible and spared the FPS thread. I have openly admitted that I was a part of the company and i have even given my name and cellphone numbers to some clients who have PMed me. I hope that simple gesture would show that I’m not hiding anything, that my intentions are pure and that im ready to meet any of you in case you would like to visit our showroom. naghahanap buhay lang po.

I was really tempted to answer right away but I held back to think, be cautious, keep an open mind, be civilized and educated as much as possible and seek advice first from my immediate superior regarding this event.

This is my first job and I am really thankful that the company has given me their trust. I don’t want to misrepresent the company by answering on their behalf since I’m new in the industry and have not yet finished the training yet. I became more cautious not to damage the company’s image, because whether I like it or not, I represent the company because we are their frontliners.

Sa totoo lang, hiyang hiya ako sa president and managers namin because my statement caused these. That because of me there are a lot of questions regarding the legitimacy of our project. That the image of our company was as such as what others have said. Sa sobrang hiya ko sa kanila gusto ko ng tumalon sa hukay at magsilbing pataba sa lupa.

Since some of the posts were edited, please feel free to raise those questions again. My superior will answer them. Please raise those questions regarding the project alone. Please refrain from asking those that are beyond our knowledge. (e.g. nakinig sa seminar tapos sinulat nung secretary, something like that.)

And by the way, to those who have given me the benefit of the doubt and did not label me of such things, I thank you.

Let’s get back on track (on the project) and set aside those personal issues.

Be patient guys, everything will fall into place.

GODBLESS!!

PEACE!!

queetz@home

April 12th, 2007, 05:06 PM

^^ Thank you so much for your post, onyx! If there is a lesson here that people are innocent until proven guilty. The way you were treated was absolutely unfair but if there is some positive that came out of this, it enabled you to take up this challenge and rise above it. Your managers should be proud of how you handled this since you did not run away from the problem but instead faced it head on with a true sense of professionalism. I hope you will continue on to prosper in your new career and suceed in marketing this project. After all, for every successful high rise project built, the more improved our skylines will become! And that is why some of us are passionate in this forum! :)

ChicTown

April 12th, 2007, 06:13 PM

JLemmor

April 12th, 2007, 07:59 PM

bitoy

April 12th, 2007, 08:57 PM

Okidoki ~ everything seems to be in order. But I did enjoy the real emotion of the people interested on this project. Just be true to yourself peeps. :okay:

ryanr

April 13th, 2007, 01:08 AM

First off, let me apologize for not being around during this whole issue. I've been busy with school lately as its the end of the term and we have lots of deadlines and exams this month.

I'm glad onyx has replied and hopefully that will settle things for now. Let me just make it clear that SSC is a skyscraper enthusiast site and the main agenda and priority of the "Projects on the Rise" section is the share new developments in the Philippines and a place to showcase updates in both images and new information. We do tolerate members checking up on the site for learning about new projects in the intention to buy a unit or invest in property. However, buying and selling is not the main agenda of the forums and if trouble is cause by it we, the moderators have the right to edit posts or whatever it takes to solve any heated arguments and conflict. Actual business transactions of property in the Philippines must be done elsewhere in real estate websites or wherever as long as it is not in SSC. Again, while it is ok to be here to check for new property to invest on, IT IS ABSOLUTELY AGAINST THE RULES OF THE BOARDS to have the intention to advertise and conduct business transactions using the forum. Let me just repeat that SSC is a private enthusiast skyscraper website aimed at showcasing skyscraper and other infrastructure projects we all know and love.

Thanks and hope everyone cooperates,

The SSC staff

I am genuinely disappointed with many of the old time members here. I would have expected more class than comments made here (what was meant to be funny were in poor taste). Everyone should know that to conduct yourselves so not to aggravate or cause any heated conflict. Otherwise it is trollish behavior.

trident2010

April 13th, 2007, 01:20 AM

@QUEETZ@HOME upon reading through of what had been discussed in here lately i considered you as the instigator of whats been happening here. and since you are a retired mod as what you said you are it would be appreaciated and maybe some will agree that you dont start protecting people who are at fault. tahts my 1 cent..... cheers

ryanr

April 13th, 2007, 01:29 AM

^ enough please. Back to topic. I've sent a PM to Queetz. Let me make it clear that everyone including former moderators, current moderators and ordinary members will be treated equally. There are no special pardons here.

Back to the discussion of Fort Palm Spring. Additional information or updates are appreciated, NO more bickering please.

ryanr

April 13th, 2007, 02:15 AM

Let me quote my post i made in the previous page. It is very important and needs to be visible in the top of the page.

First off, let me apologize for not being around during this whole issue. I've been busy with school lately as its the end of the term and we have lots of deadlines and exams this month.

I'm glad onyx has replied and hopefully that will settle things for now. Let me just make it clear that SSC is a skyscraper enthusiast site and the main agenda and priority of the "Projects on the Rise" section is the share new developments in the Philippines and a place to showcase updates in both images and new information. We do tolerate members checking up on the site for learning about new projects in the intention to buy a unit or invest in property. However, buying and selling is not the main agenda of the forums and if trouble is cause by it we, the moderators have the right to edit posts or whatever it takes to solve any heated arguments and conflict. Actual business transactions of property in the Philippines must be done elsewhere in real estate websites or wherever as long as it is not in SSC. Again, while it is ok to be here to check for new property to invest on, IT IS ABSOLUTELY AGAINST THE RULES OF THE BOARDS to have the intention to advertise and conduct business transactions using the forum. Let me just repeat that SSC is a private enthusiast skyscraper website aimed at showcasing skyscraper and other infrastructure projects we all know and love.

Thanks and hope everyone cooperates,

The SSC staff

I am genuinely disappointed with many of the old time members here. I would have expected more class than comments made here (what was meant to be funny were in poor taste). Everyone should know that to conduct yourselves so not to aggravate or cause any heated conflict. Otherwise it is trollish behavior.

Oh and another thing. Those who are criticizing the moderators for "censoring" obviously have no regard nor respect for the rules put forward by the owners of this forum. We are not censoring anything. Editing the thread is for a good cause to remain in control of the boards and keep the thread from spiraling down to ill-managed personal attacks and heated arguments.

reminder of the rules:

1. This forum and its server are private property. You're here only because you're invited to be here. We can revoke that invitation at any time for any reason, or no reason at all.

2. No posting intentionally inciteful commentary. Personal attacks, Trolling, Flaming, overt negativity, baiting, etc. This rule is especially applicable to forumers who hijack or troll a thread/local forum, basically just to bash the topic or participants of the thread/local forum. This also applies to forumers who persistently engage in posting news articles with an agenda as identified by the SSC staffers.

3. Expression of hate. We do not tolerate hateful messages. This includes things such as racism, sexism, xenophobia, religious bashing, open support of terrorism, homophobia, ultra nationalism or provincialism. If you generally have a problem with an entire group of people because of their nationality, religion, race or sexuality, that is your problem. Don't make it ours too.

9. Discipline and Moderation. All SSC staffers have carte blanche authority with regards to discipline and moderating the threads in their forum. However, the following denote our intended procedures:

When encountered, we will generally lock an offending thread or delete offending content and may choose to PM the forumer(s) involved with a warning/explanation. Addditional problems can result in a Brigging from SSC for up to two weeks (during this time, a person can only view the forums and cannot post or vote). Further disciplinary problems will likely result in a forumer either being banned from SSC permanently. Brigged forumers are not to re-register another account while brigged. If caught, all accounts will be banned. Likewise for forumers who register multiple accounts to vote in polls etc.

Please remember, this site exists first and foremost for members to discuss and share information about the world's skyscrapers, cities and urban environments. Everything that falls outside the scope of this is secondary. SSC is an online community, and just like in real life, everyone has to be responsible for their conduct. The staff have dedicated themselves to making this a pleasant and conducive environment for our members, and only ask that our members play their part to keep this place harmonious and successful.

sugarboy

April 13th, 2007, 02:26 AM

side note lang. i'd like to meet this guy onyx. i guess it takes so much guts to make such a lengthy admission in the face of all the panglala-it thrown at him.

it would have been easy to insult onyx (partly because of his carelessness too) but overall, i don't think half of those who berated him could do his admission.

well done young man.

ok, so back to this project.

Dvorak

April 13th, 2007, 04:44 AM

ey Onyx you're back!

nag react lang naman talaga kami kasi sabi mo mas malalim pa yung hukay nyo kesa don sa katabi.. anyways.. just forget kung ano man na post dito.. just give us updates for this project.. and we hope you could answer some questions raised.. para naman malinawan kaming lahat..

everybody's cool here!

cheers! :cheers:

Hello everyone!!

I know you’ve been waiting for my answers to your questions. Please give me the chance to explain my side. But first, please allow me to explain myself first and company/project aside. The questions regarding our project will be answered by someone who could best explain the other side of the coin.

Please excuse my long absence in this thread. During the holy week I had a long vacation in our province and we don’t have internet connection there. I just arrived last Sunday and I’ve been following the thread ever since. At first, I was really shocked with what has transpired. Satchel was just asking for an update in the site since he already bought a unit from us. I didn’t know that what I’ve said will result to such.

My statement was simply to give an update to satchel. It was meant to inform him that “hey, we are working hard to meet what we’ve promised, that we are doing our best to deliver.” It was solely to update him with what my naked eye saw when we had a site visit. It was never meant to attack, bash, or bad mouth the other project. If I offended the owners involved because of the side comment, please excuse my carelessness. But again I really mean no harm.

If you were thinking that I was here just to make trouble, that’s not true. If my goal was to deliberately attack our competitors, I could have used another account and threw accusations on the threads of their projects, make it as chaotic as possible and spared the FPS thread. I have openly admitted that I was a part of the company and i have even given my name and cellphone numbers to some clients who have PMed me. I hope that simple gesture would show that I’m not hiding anything, that my intentions are pure and that im ready to meet any of you in case you would like to visit our showroom. naghahanap buhay lang po.

I was really tempted to answer right away but I held back to think, be cautious, keep an open mind, be civilized and educated as much as possible and seek advice first from my immediate superior regarding this event.

This is my first job and I am really thankful that the company has given me their trust. I don’t want to misrepresent the company by answering on their behalf since I’m new in the industry and have not yet finished the training yet. I became more cautious not to damage the company’s image, because whether I like it or not, I represent the company because we are their frontliners.

Sa totoo lang, hiyang hiya ako sa president and managers namin because my statement caused these. That because of me there are a lot of questions regarding the legitimacy of our project. That the image of our company was as such as what others have said. Sa sobrang hiya ko sa kanila gusto ko ng tumalon sa hukay at magsilbing pataba sa lupa.

Since some of the posts were edited, please feel free to raise those questions again. My superior will answer them. Please raise those questions regarding the project alone. Please refrain from asking those that are beyond our knowledge. (e.g. nakinig sa seminar tapos sinulat nung secretary, something like that.)

And by the way, to those who have given me the benefit of the doubt and did not label me of such things, I thank you.

Let’s get back on track (on the project) and set aside those personal issues.

Be patient guys, everything will fall into place.

GODBLESS!!

PEACE!!

Sinjin P.

April 13th, 2007, 04:46 AM

http://www.fortpalmspring.com.ph/images/main-pic.jpg

Fort Palm Spring Loft Garden Model unit

Qexkcl3sPnE
http://www.youtube.com/watch?v=Qexkcl3sPnE

Fort Palm Spring 3 Bedroom Loft Model Unit

XC8unmkvhUQ
http://www.youtube.com/watch?v=XC8unmkvhUQ

Fort Palm Spring 1 Bedroom Model Unit

hBoLQIyyLZ4
http://www.youtube.com/watch?v=hBoLQIyyLZ4

Fort Palm Spring Condominium

wYXGtEXZZCA
http://www.youtube.com/watch?v=wYXGtEXZZCA

bustero

April 13th, 2007, 06:18 AM

Good Post Onyx. No need to jump into the hukay for that! :badnews: :lol:
Very easy to read things into posts in a forum like this. (walang tono ang statement kasi) Hope you are succesfull in your job and see you around in the forum.

Gibson@G&W

April 13th, 2007, 06:51 AM

Since some of the posts were edited, please feel free to raise those questions again. My superior will answer them. Please raise those questions regarding the project alone. Please refrain from asking those that are beyond our knowledge. (e.g. nakinig sa seminar tapos sinulat nung secretary, something like that.)

Onyx Welcome back...It is good that you are back, and I think it is important to know that it is not the intention of anybody to make the thread the way it is now...

As I said before, I only reacted because of the mention that your excavation is deeper than the excavation of The Grand Hamptons Tower 2. I am sure by now you have verified that it is not true.

We all understand that you are working for FPS for a living, and that is a very respectful position to be in. Real Estate is a good industry, and people will respect you, when you are successful in it!

I am not sure if you were able to attend the seminars that our company has done in that past...if you did not, I would like to summarise what it is about...

It is about "Being a Professional Property Consultant", where in we discuss not about marketing our BTO project, but how we, as architects, fought the hard battle to be able to exercise our ETHICAL responsibilities (being ethical is surely not the easy way out in the current state of the Philippines), and how this can be mirrored to an even more important industry, The Property Consultant and Broker Indsutry.

One of the main points that we emphasis is to educate the future brokers and property consultants in the industry on how to ask the right questions, and how to extract the truth from what is not true! We equip people who attend that seminar with:

a) The do's and don'ts in the industry
b) The 3 questions you should ask before you can responsibly market a project
c) We also discuss about Fiduciary Responsibility, and who a broker should be loyal to.
d) And as a property consultant, how you can protect yourself from potential misrepresentation by your boss.

You see, as someone who works for FPS, you will be representing the informaiton that they give you, but at the end of the day, since you are the ones facing the client, you will be responsible for the things the you regurgitate from your boss' words.

Historically, many brokers have lost friends, broken relationships with relatives and in-laws because they followed how their boss trained them to market...and it turns out, it is their boss who was not straight forward and honest with them. Brokers became a victim too in the last real estate collapse, and all of them lost face when they sold projects that their boss did not complete

Our goal is to equip brokers with the information to be able to judge what is truth and what is not, based on what information is given to them by their boss.

My intention when I raised the questions I did, was for you to be able to ask these questions to your boss, and judge for yourself if he is honest with you, or he is just convincing you to market for him...to face the client on his behalf and make the promises to them on his behalf, using your credibility.

Being an insider and a player in this industry, we have made heavy research on all parts of the industry, and of all the players as well. We, as construciton industry insider also work with many contractors and suppliers who work for most of the developers and companies currently building and selling projects.

We can tell by the way a developer negotiates with a contractor or a supplier if they have money or not to complete the project! We also get inside informaiton on which developers are falling behind on their payments to the construciton industry suppliers and contractors. I believe that this is proof enough to know, without a doubt who a unit owner can be safe with, and who they will take a risk with.

The reason I ask questions heavily towards you and FPS is the fact that we have reason to believe that there are many things that they claim to clients and their brokers that is dubious...I will not go into detail regarding this matters, because like I said, unless it is written or published somewhere, then I will not be the first one to mention it. But if you look through earlier posts, I hope that you will be able to know what I am talking about...and it is your preogative to ask these questions to your boss, and see if he can give you a convincing answer.

Furthermore, contrary to what others may think, we do hope that FPS would be a beautiful building...as you know, 3 of our towers are surrounding it, and the represents currently 50% of our vested interest in BGC. Should something negative happen to FPS, we would surely at a loss us too!

Gibson@G&W

April 13th, 2007, 07:24 AM

For the company’s pioneering efforts to make high-rise living more affordable, The Philippine Federation of Home and Land Developer’s Association awarded BYO Corp. the “Chairman’s Award for Excellence” during its recent annual general meeting.

I believe this is one of the questions raised...who exactly is The Philippine Federation of Home and Land Developer's Association? - a phrase taken from a Press Release made by BYO.

1) When was this organization formed?
2) Who formed this association and what does it stand for?
3) Who are the past presidents and their contributions to the Real Estate Industry?

In all honesty, this award giving body is very much unknown in the philippines, and in the entire philippine contruction and real estate industry. I guess I would be interested to know who this organization is, and what their purpose and existence is for...and what was the reason for the "Chairman's Award for Excellence" really means?

Did he get an award for a scheme of development, wherein it is still on its conceptual stage? (read: conceptual because it has not yet completed its first development using this system in the Philippines).

Mods, use your disgretion in the following statement: I know for a fact that award giving bodies only give awards to systems that have proven its track record and have worked time and time again. I also know for a fact that BTO was only given its awards after the completion of Penhurst Parkplace, and on schedule construciton of Kensington Place...it was given by the Philippine Institue of Architects (PIA) and the United Architects of the Philippines (UAP) which are 2 of the oldest and most long standing organizations in the real estate industry in the Philippines.

Last March 17, 2005, Arch. Gilbert C. Yu, founder & chairman of G&W Architects was conferred as an honorary fellow of the oldest existing organization of architects in the country. The illustrious award was given to Arch. Yu by the Philippine Institute of Architects for his diversified contribution by Innovating the Architectural Profession and the Industry, through Ethical and Non-Traditional Ways.

Lili

April 14th, 2007, 04:30 AM

Could it be that the statements and reactions here are spurred by stiff competition among developers? That should be part of ethical considerations in the industry.

I think we should create a separate thread on how clients or prospective clients or patrons can exercise due diligence when thinking about investing in real property developments -- what to look for in looking at viability, track record, financial wherewithal of the developers, where to look for these information, how to go about it, etc.

geebeng

April 14th, 2007, 04:32 AM

100 sqm 2br unit cost only 5M. Para lang yan stocks you buy low, sell high. Don't join the crowd ... be a contrarian. The only risk here is the strong peso.

Lili

April 14th, 2007, 04:38 AM

I don't think that buying real property should be equated to stocks, because some are buying not for investment purpose. They are looking for a place to stay, so the assurance of delivery of the property in a timely fashion as indicated in the contract should not be hedged upon. It should be a given, otherwise it can be a cause of action for breach. As to the appreciation of the price of the property, then that is an ancillary benefit.

geebeng

April 14th, 2007, 04:52 AM

That is soooo true Lily, I bought my unit at the Bellagio kasi nga di ba "babalik ka din sa mga mahal mo". In fact, I am prepared to loose money in return for quality time spent in my own condo with my love ones in the Philippines. But the ancillary benefit that you mentioned is becoming attractive now --- property values are going up and dollar is going down. Rental income is becoming attractive. In my case, I have to compare my investment to stocks because the money I used came from proceeds of the stocks that I sold here in the US.

Lili

April 14th, 2007, 04:56 AM

^^ Oh, I see your point @geebeng. :)

Lili

April 14th, 2007, 05:07 AM

I think showing those youtube videos is good way to give prospective buyers based abroad a virtual walk through of the model units. This is something that is not really captured in photos on websites or in promotional materials and brochures. It shows the expanse of the space and the real lay-out (of the model units).

geebeng

April 15th, 2007, 06:55 AM

http://i15.photobucket.com/albums/a376/geebeng/boni_ridge_edited.jpg

Is this the correct location accross Penhurst and Boni Ridge? Photo from realestatemovers.com.

Dvorak

April 16th, 2007, 04:29 AM

yup that's the location.. that corner lot facing Penhurst / Boni Ridge.

http://i15.photobucket.com/albums/a376/geebeng/boni_ridge_edited.jpg

Is this the correct location accross Penhurst and Boni Ridge? Photo from realestatemovers.com.

geebeng

April 17th, 2007, 04:24 AM

Thanks Erwin!

sugarboy

April 29th, 2007, 01:00 AM

for your reference:

http://i9.photobucket.com/albums/a94/avenidalasalle/Skyscrapers/fort.jpg

3cr

April 29th, 2007, 01:27 AM

for your reference:
http://i9.photobucket.com/albums/a94/avenidalasalle/Skyscrapers/fort.jpg
^^ Hi Lloyd. If you don't mind me asking from which building and floor did you get the chance to shoot that pic? Curious lang naman. Thanks!

After viewing the pic eto naman yung latest Fort Palm Springs ad/article in the net that I came across.

Lofty aspiration comes true
Carlomar Arcangel Daoana, Staff Writer
http://www.tribune.net.ph/life/20070404lif1.html

As one enters the model unit of Fort Palm Spring located at MC Home Depot at the Fort Global City, one is immediately greeted with a feel-good ambience. The tones are in warm olive and bronze, tempered with intermittent expanses of white. The chairs, woven and adorned with cute little throw pillows, invite the viewer to sit down and relax his eyes upon a suite of abstract works mirroring the colors of the interiors.

The visual treat, however, begins with the building itself. The lobby sprawls into a dream of marble and dripping chandelier. Evoking the tropical ambience of Palm Springs in California that inspired it, the development dazzles with a breathtaking landscape bristling with palm trees and sky gardens that disrupt the smooth, sleek lines of the building’s decidedly modern design.

Safety, needless to say, comes first. All units, which start from spacious open layouts of 32 sq.m. for studio up to 78 sq.m. for two-bedrooms in standard finish or model unit finish, are fitted with automatic sprinkler systems and smoke alarms, intercom system, built-in exhaust, piped-in gas direct to kitchen provision for cable television, two-line phone and high-speed Internet connections, provisions for hot and cold water supply, and individual electric meters and mail boxes. Residents are assured of tight, 24-hour security, ample basement parking, and access to three high-speed elevators, first class saunas, spa, fitness gyms, and indoor and outdoor swimming pools.

Fort Palm Spring’s location is reason enough to move in. Situated at the corners of 1st Avenue and 30th Street in the Fort Bonifacio Global City, the building is a stone’s-throw away from vital business, educational, medical, recreational and commercial sites. It is neighbors with Net One and Bonifacio Technology Center, International School Manila, St. Luke’s Medical Center, Manila Golf Club in Forbes Park, the Fort Square, the Fort Strip and Market! Market!

Without the hefty price tag

Though one can easily surmise that developments like this come with hefty price-tag, what with the location and the building amenities and features, Fort Palm Spring pulls a pleasant surprise. First BYO Corp., which constructs the development, has devised a way to cut the cost of the units to as much as 40 percent. A square meter in the area that normally costs P95,000 pales in comparison with the P52,000 per square meter offered by Fort Palm Spring.

The concept, simply called Build-Your-Own (BYO), brings the buyer closer to the project managers and builders, eliminating the cost associated with the middleman. “The buyer,” First Pacific BYO assistant general manager Myrna Besabe explains, “becomes the owner/developer through the project manager and the development team.”

Expenditures associated with the middleman include but are not limited to advertising cost, various overheads, taxes, debt services and undeclared loans. These expenses, which have nothing to do with the construction of the building, eat about 40 percent of the unit buyers’ money. By cutting the middleman, First Pacific BYO can drop, conversely, the price of their units to as much as 40 percent.

The BYO scheme assures buyers of debt-free, zero mortgage deals as they become independent from target profit quotas which fund project developments and are guaranteed that their money is used solely for construction. A built-in security feature of the BYO system is a depository and disbursement bank (Banco de Oro) that will make sure that all the funds will go to the building’s construction which, as clients wait for their units to be completed, incur interest. Pag-ibig and in-house financing are also available for those in the look-out for a comfortable payment scheme.

Formidable team

First BYO, though offering a cheaper alternative to condominium living, did not cut corners in terms of the formidability of the team—composed of architects, builders, construction project managers and engineers—that will realize its projects. Some of the key players include SM Mall of Asia’s architect Robert Carag Ong, the country’s number one structural engineers Aromin & Sy, top construction manager Dennis Abcede, and top builder CE Constructions, all boasting of over 35 years of experience in the construction industry.

The company is confident and banks on its 35 years of solid experience in project management of multimillion-dollar commercial and residential developments in countries such as the US, Australia and China, envisioning to replicate what they have accomplished in these countries here and make groundbreaking change to the Philippine high-rise scene.

Besabe assures that Fort Palm Spring will be finished in two years, three years ahead of the usual. “This will enable our clients to move into their homes sooner or rent them out sooner so that they can either save up to five years’ worth of rent or earn up to five years’ worth of rental income,” she explains.

The response to Fort Palm Spring has been positive. Over 35 percent the units have been sold and in a half a year’s time, Besabe says that they are optimistic that all the units would already be sold out. This has invigorated First Pacific BYO to begin drafting their next three projects, still at the Fort Global City.

Fort Palm Spring model unit is located at MC Home Depot, 32nd Street cor. Bonifacio Blvd., Global City Fort Bonifacio, Taguig City. For inquiries, call 815-8080 or 727-4221.

sugarboy

April 29th, 2007, 02:00 AM

I took this from Net One Square sa office ng client ko. :)

a map from an earlier post for additional reference:

http://i29.photobucket.com/albums/c277/patok/FBGC/TFR_SR_Map.jpg

3cr

April 29th, 2007, 03:44 AM

^^ Thanks Lloyd. :)

shufatid

May 7th, 2007, 10:47 AM

Any updates about FPS?

TheRick

June 6th, 2007, 07:15 PM

http://www.readyforoccupancy.com/FPS-1.jpg

TheRick

June 22nd, 2007, 11:28 PM

Any updates on this project?

Nag resume na ba o finish na ba diggings?
On my visit - I didn't see any workers or construction equipment on the site.

satchel

June 24th, 2007, 07:36 AM

Any updates on this project?

Nag resume na ba o finish na ba diggings?
On my visit - I didn't see any workers or construction equipment on the site.

i passed by last june 21 sa site.may mga scaffolding naman at mga workers. lunch break nga lang when i passed by so noone was working.

Gibson@G&W

July 13th, 2007, 05:26 AM

The construction of this project have started already. I see workers doing some foundation work on this.

However, I was informed that the contractor that was hired is in fact not CE construciton, as advertised in the brochures, and all the marketing materials...but a newer contractor New Kanlaon Builders. We personally know CE construction, and know that they are an experienced contractor (as also advertised in BYO brochure). What would the impact be for unit ownes who have bought with this premise in mind? Can the "project manager" just change what they have promised this easily without recourse for the clients (and a major change at that)? If they are going to change contractors, shouldn't they use one with the same caliber? :ohno:

bustero

July 13th, 2007, 05:47 AM

Gibson@G&W

July 13th, 2007, 08:07 AM

New Kanlaon has been around for a while as well. I don't know CE so can't comment if they're the same caliber. Changing Contractors is no biggee though , lots of developers change midstream if the contractor can not deliver.

We've actually worked with New Kanlaon (Mercedes Benz Showroom in BGC) and CE construction in the past. The level of experience is very different on both, if I am not mistaken this is the first high rise of New Kanlaon. I am not saying that New Kanlaon in not a good contractor, but I believe CE is more relaible for this kind of proposition.

Anyway, the change made here is not done during mid-construciton, and not done because CE cannot delivery. On the contrary, I believe that CE is in a better position to delivery but will also charge a premium over the other.

The point which I wanted to communicate is that promises are made by the company, and unit owners bought as a result, and these promises are not followed. And from a technical point of view, changing contractors is not a simple thing...

Changing contractors is a major issue...and can spell success of failure. Take the example of St. Luke's changing from China State to MDC. I think their construciton progress now speaks for itself as to the effect of this change (which I am sure it is not the only factor, but I am sure it is one of the major factors).

Gibson@G&W

July 13th, 2007, 08:14 AM

Changing Contractors is no biggee though, lots of developers change midstream if the contractor can not deliver.

I think that a professional "Project Manager" or a big developer should be at least be experienced enough to know how to evaluate a capable contractor form an un-capable one. Changing a contractor mid-stream is a time consuming, and costly undertaking, not to mention legally difficult later on for the unit owners if they start to encounter problems that need to be fixed...I doubt a new contractor will absorb and take full responsibility for works that have been done by an older contractor.

Anyway, I don't want to be accused of anything in this thread, and I just found it really disturbing that major things like this go un-noticed...and the fact of the matter is, many clients are very forgiving about things that they shouldn't be. If it is not a biggie to most client, from a technical point of view I think it should be a biggie.

bustero

July 14th, 2007, 04:12 AM

From a technical point of view I think this is not a problem at all.Depends on whose reliance one sells on. This is more marketing strategy IMO used by developers who are not well known hoping to get some rubbed off credibilty (if the contractor is credible) , but while CE is probably good its no DMCI nor EEI in terms of extending it's credibility to an unknown developer! In general most developers I know do not sell on the basis of who will be constructing their building in fact I follow all the real estate companies and can't name which contractor made the buildings of all big guys, And even Ayala has changed contractors when it does not suit them. Ussually None of the announced engineers or contractors are legal parties to any contractual relationship between seller and buyer. Hence if the reliance is on the seller to deliver and the seller does not feel that part of the team is going to deliver then it's his responsibility to change that member of the team. Better than delivering a bad project.

Tycoon Sky

July 14th, 2007, 04:16 AM

^^ i agree.

shufatid

July 14th, 2007, 05:23 AM

Since some of the posts were edited, please feel free to raise those questions again. My superior will answer them.

It would be really good for Onyx or one of the official reps to reply to the questions raised in the past.

Gibson@G&W

July 16th, 2007, 10:45 AM

Well, just to share a recent experience we have had with a developer from a foreign (successfully developed country). I was informed that the banking industry does not lend a developmental loan directly to developers there. If a developer wants to get bank support and bank financing for real estate projects, they have to hire a reputable construction company and an architectural firm. This is because the banks know and put importance on the construction team as a measure of the ability of the developer to have a successful project.

In any case, I am not here to discuss wether or not changing a contractor is a big problem or not...this will vary from situation to situation. What I am merely pointing out is that a promise was made, and this promise was not followed. Other companies you have mentioned do not advertise who their contractors are because they already have track record themselves, like ayala for example. Other companies who have no track record, gain the trust of their buyers by advertising who they will hire as a contractor.

IMHO, in this case, the promised contractor and the actualy hired contractor is not of the same caliber.

Other developers can change contractors, and I would welcome that if the contractor they change to is of better quality...as have been mentioned (that if a contractor is not up to par, and was changed to someone who can do a better job) I am in complete agreement with that...I just don't think that in this case, that is what has been done.

On a related note, but a more minor issue:

Not to mention that I have also met with the window supplier who claims to be the one who will supply them the windows. They are also trying to sell us the windows and have mentioned that he is also negotiating with Mr. Cea himself...the windows will be directly owner supplied. Now, generally, people in the industry know that owner supplied is a way to save money, risking finger pointing with the civil contractor and the window supplier and installer if something were to go wrong if there is a leak or something. Again, not that I am saying that this is bad, but I think this is a deviation from a norm that should be followed in our industry. I did not mention this before because I know that the FGBYOC did not promise that they will not do owner supplied style of construction....and yet I think that as a buyer, one should know these information.

bustero

July 16th, 2007, 06:15 PM

Just my opinion but I'm not too sure many people found a higher level of credibility with this project because of CE Construction! I'm pretty sure very few people have either heard of them or have bothered to ask about them. It's not a measure of CE credibility but more of the interest of the buyer.

I also don't think promising that the building will be built with no owner supplied materials is either very relevant information to the buyer nor will it make the building more attractive to a buyer!

I don't even agree that owner supplied is inferior as a proposition. All the big developers I know do it. And just because they want to cut cost does not make it inferior.

I agree that normal business practice in marketing and in finance requires credibilty, hence local and foreign deals I have worked with always look at this. Barring this though there are credibility enhancing measures or if not present the risk can be addressed by other mitigating mechanism. Whether this project reaches this state for it's financing (seems like) or market (remains to be seen) is something we will have to wait and see.

I think the primary difference we have here is that you believe some sort of important reliance has been conveyed and broken, while I believe most buyers would not think this.

Gibson@G&W

July 17th, 2007, 04:59 AM

I don't even agree that owner supplied is inferior as a proposition. All the big developers I know do it. And just because they want to cut cost does not make it inferior.

Hmm, yes, it does not necessarily mean that owner supplied will be of poorere quality, I agree with that, because at the end of the day, if the material is made by company x for example, wether it is the contractor who bought it directly or the owner who bought it, it would be the same.

What I was discussing is that in our experience as an architect, the problem will creep out when the building is completed, and the acceptance period starts all throughout the warranty period of the building. In our experience, when there is a problem discovered in a project with this system of suppliying, the different contractors, and sub contractors or suppliers tend to point the blame on someone else. Ie, if it is there is a problem with the window...the supplier could blame the person who made the cement frame where the window sits...it is just unimagineable how creative the sub contractors become when a problem arises.

Anyway, my point is, reliable project managers or architects can mitigate on this...but the problem is 2 fold:

a) The time it takes to mitigate is much longer, keeping the client waiting and their unit damaged until that time
b) The project manager, who is also the supplier will have a conflict of interest as well, because if they are found at fault, it will be out of pocket expense for them...and at the same time, it is their responsibility to mitigate this things

In a General contractos system, where all works are assigned to a general contractor, the architect and project manager only talk to 1 entity regarding all works in the building. If there is anthing wrong with the building, it will automatically be the general contractor's responsibility...they will be the one to mitigate with the sub contractors they hired. Being an expert in the actual construction method of the building, they will know exactly who is lying and who is not. In the meantime, the Project manager will just give the General contractor 2 weeks to fix the problem, or deduct it form the retention. Ensure that every issue will be taken care of within a 2 week period.

I will always point out that a more experienced company will be able to weed through this better, and I think most developers you are pointing out to already have a system to fix these issues to ensure better service for their clients. But I am sure the 2 different systems of suppliying materials will have a direct effect on the experience of the unit owners upon the delivery of their units.

Cutting cost, should not come at the expense of the unit owners!

I think the primary difference we have here is that you believe some sort of important reliance has been conveyed and broken, while I believe most buyers would not think this.

Yup, that is exactly the way I understand it :)

Having worked with different contractors, and developers for that matter, our company knows the difference in the skills and how it will directly affect each unit owner. This is our backgorund and the reason why I believe why changing contractors is a big issue.

Most buyers and most of the general public cannot tell the difference between contractors and their quality of work, and I think that if you ask the general public to rate architects or engineers or even structural engineers for that matter they would not know the difference. But there is a difference, that is why BCI asia and other rating companies have jobs. My point is, the only reason why the buyers will not mind is because they do not know any better. And the reason why I say it is a big deal is because there is a difference, the buyers just don't know about it!