EDIT: as of Oct. 31, 2009
A 33 storey condotel will rise along F.Ramos St, Cebu City.
Target Completion Date - 2011
Current Status - Under-construction

A 31 storey condotel will rise along F.Ramos St, Cebu City.
Target Completion Date - 2009
Current Status - Preselling

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/RAMOS_NIGHTVIEW.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/FINALNIGHTscene.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/living.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/kitchen.jpg

very nice! but is this the same as e UR Fuente tower where there is a 2nd floor in one unit?

^^i dont think so, since if i remember it right, @TJ said that this is a 'budget' project as compared to fuente where they have loft-type units

great rendering up there...who would have thought that the place where i spent my elementary days would eventually give rise to a skyscraper...

wow.. so are there really gonna be searchlights beside it? that'd really look cool every night, similar to Club Ultima's lone searchlight at the rooftop,.

:eek: Wow, very nice! outstanding to see Cebu grow like this.

^^i dont think so, since if i remember it right, @TJ said that this is a 'budget' project as compared to fuente where they have loft-type units

great rendering up there...who would have thought that the place where i spent my elementary days would eventually give rise to a skyscraper...

Marie Ernestine School???

Hey I went there too...

very nice! but is this the same as e UR Fuente tower where there is a 2nd floor in one unit?

^^ ellow....unfortunately, this is not a loft type condo unit. It's a studio type condo.

^^ok thanks bai.
this is really exciting! we'd be expecting another high rise!

:banana: another high rise!!!

great!

Congrats to cebu! :applause: I hope that one day, it may become a much larger skyline similar to Manila.

^^ It sure will

hello, may i butt in? :)

the ramos building is sure pretty. i have read above that it's a "budget" project. why is this so? is a condotel much cheaper than a condominium unit?

thanks!

^^

Maybe what they meant was that the building itself would house ordinary apartment units.. so not high end I guess..

hello, may i butt in? :)

the ramos building is sure pretty. i have read above that it's a "budget" project. why is this so? is a condotel much cheaper than a condominium unit?

thanks!

It's afforable compared to our other project which is Ultima Residence Fuente Tower. The prices of the Ramos Tower range from 1.8 to 3M only. Unlike with our other project (the Fuente Tower) with prices ranging from 3M to 7M.

Why? Ultima Residence Fuente is part of a three tower project called as Fuente Triangle Complex. The 27 storeys Ultima Residence Fuente Tower is connected to the 23 storeys high rise club house called the Club Ultima Tower which is also connected to the 40 storeys Crown Regency Tower. So its like buying three pieces in one price. The Ultima Residence Fuente Tower will serve as your master's bedroom, the Club Ultima is for your dining, entertainment, business, relaxation, etc etc, and the Crown Regency Tower will serve as your extra guest room.

With Ultima Residence Ramos Tower, its more affordable because this is located meters away from the main Fuente Triangle Complex. Thus, the residents have to walk a block or two to reach and use the facilities in Club Ultima. Its cuts are smaller as well and unlike Ultima Residence Fuente which is a loft type unit, the Ramos Tower only got studio type units.

In addition, these two projects are 5 years to pay with no interest. :) Anyone interested? just mack me..lolz :)

good-looking tower! :okay: i like the most recent redering of this project.

Marie Ernestine School???

Hey I went there too...

Me too :D

^ OT: Marie Ernestine will be having their graduation exercises at SM Cinema :D

^ OT: Marie Ernestine will be having their graduation exercises at SM Cinema :D

OT:
traditionally they hold their commencement exercises in huge convention centers. one event for all their four campuses man gud. during our time, it was held in Cebu International Convention Center in Waterfront Hotel Lahug. :cool:

It's afforable compared to our other project which is Ultima Residence Fuente Tower. The prices of the Ramos Tower range from 1.8 to 3M only. Unlike with our other project (the Fuente Tower) with prices ranging from 3M to 7M.

what are the amenities jech? is there a pool, gym, sauna and the likes? or one has to go to Club Ultima tower nearby for such? :D

Hey this looks interesting! I maybe interested (although I have yet to go to Cebu). I wouldn't mind seeing an aerial of the project and of course, answers to rusty's questions above. Also, does it have roofdeck amenities?

@Resty

Maybe this is just going to be like an ordinary apartment/housing block like this one (photo below), so I guess we can't expect facilities like a gym, sauna, etc. Hehe.. But I'm not sure, let's ask Jech:

http://i23.photobucket.com/albums/b396/arnoldsa/Hongkong/aberdeen.jpg

^^di ba murag ni-ingon man siya during the tour that the facilities daw would be at club ultima

Restaurants and Dining Outlets

Specialty Restaurants
Chinese Restaurants
Japanese Restaurants
Bar/ Lounge
Juice Bar
Rooftop Grill



Business Facilities & Services

Business Center (Secretarial Services, Mail Room, Safety Deposit Boxes)
Boardrooms / Meeting & Function Rooms
Virtual Offices
Library
Audio Visual Rooms
Internet Facilities
Secretarial/ Notarial Services
Snooze Lounges


Personal Services

Hair Salon (Male & Female)
Wardrobe Management




Recreation Facilities

Fitness Club/ Gym (Aerobics Area, Cardio Machines, Free Weights and Cycling)
Male/ Female Spa (Locker Area, Grooming Area, Sensor-Type Showers, Stone Sauna, Rasul Steam, Hot & Cold Whirlpool, Dead Sea Pool, Watsu Pool, Oxygen Room, Treatment & Facial Rooms, Foot Massage, Juice & Towel Bar, Scrub Room, Private Massage Room, Group Massage Room, Adventure Showers, Facial and Body Treatments)
Aqua Fitness Pool (Counter Walk, Counter Swim, Bubble Massage Seat & Bed, Rain Jet, Floor Bubbler, Aqua Massage Jet, Column Fountain, Scrub Bed and Locker & Showers)
Table Game Room
Audio Visual Room
Internet Game Room
Virtual Golf
Indoor Jogging Track
Billiards
Nap Area / Lounge

From the Cebu Proposals and Underconstruction thread....

Here's an idea of what's being constructed right now. These are as best scaled as possible according to floor count and elevation. Forgive the quality

http://img216.imageshack.us/img216/836/cebu2010pi3.jpg

From left: Crown Regency, Ultima Residences Fuente, Citylights 3&4, Ramos Tower, ACT&IT mall, Grand Cenia, TG tower, Tower Palace, Lexmark

Please do add to this diagram as there are certain buildings that im not sure where to place here

It looks like Ramos Tower will make a huge impact in the skyline, eh? Urge to invest rising....:yes:

Cebu's tall now. :okay:

http://www.cebuclassifieds.com/images/13836_2007041838.jpg

Below is the aerial of the location. Thanks for finding this, Sinjin! This is very useful.

http://img254.imageshack.us/img254/833/urramosco3.jpg

However, just browing through the Cebu classified regarding this project

http://www.cebuclassifieds.com/detail.php?id=13836

and notice this little excerpts.

HIGH LIFE AT A LOW COST! Membership in CLUB ULTIMA is the key to owning the premier condominium unit at Ultima Residences - Ramos Tower.

HOWEVER IMPORTANT TO EMPHASIZE THAT ONLY ULTIMA CLUB MEMBERS ARE ALLOWED TO INVEST IN THE ULTIMA RESIDENCES.


So does this mean that you have to have Ultima Club membership so you can invest in the Ramos Tower? I find that very disturbing and is a bit of a turn off since I am seriously considering this as another possible condotel investment.

Hmm? What does it really look like?
http://www.cebuclassifieds.com/images/13836_2007041824.jpg

^^ Huge difference from the original rendering or even the model.... :(

Original Rendering
http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/RAMOS_NIGHTVIEW.jpg

Ramos Tower on the right of this pic...
http://i78.photobucket.com/albums/j93/ragandacmichael/P1110060.jpg

Urge to invest, if possible without Club Ultima membership, lowering... :no:

It's a totally different building!

^^ if you look closely, they are the same....the only difference is that the photo of the scale model was taken at a different angle...

^^ Its not just the structure, its the colour! The original rendering and model makes the Ramos Tower look pretty and tall. The brown rendering makes the building look so plain and boring. Plus the original rendering shows some horizontal fins on top while the brown building has none. The brown building looks like a scaled down, fat version of the Ramos Tower and if you do a floor count, it even has less floors.

EDIT: Just did a quick google and found another "brown" rendering of the building. It looks a little better than the one Diz posted but there is still some major differences between it and the original.

http://homes.point2.com/Photo/Listing/2007-04-16/1041291/4-Gallery.jpg

Here is the site where I found this ad...

http://homes.point2.com/PH/Cebu/Cebu-City/Fuente-Osmena/1041291-Real-Estate.aspx

Its still different since if you look at the left side of the building, there is a setback while in the original, there is none. Plus it is missing the horizontal fins, has a lower floor count, and the base is radically different.

It would be nice if someone who knows more about the project would come post and clarify a few issues that is coming up. Although I'm not a Cebuano, I was really looking forward to this project and would even see if I can be a part of it. But all these recent information that have been dug up are not that encouraging....

^^i guess we can never be sure which is which, since construction really hasnt begun, although the lot where the building would rise has already been cleared...and club membership aint that uber-expensive which is at around 250K...should this project turn you off, there's always Ultima Residences, but IMO, despite the fact that it has the advantage of being right beside the club amenities, Ramos Tower's location commands a better view of the harbour and the rest of the city

^^ The jury is still out on whether I'm completely turned off by the project. I did send a PM to the thread starter so perhaps he can clear some things up.

I hope they can finish this on time.

Ok naman developer so surely they will complete it. Still confused as to what design they will you. Of course it should most likely be the model used at their presentations.

CLEARED
The Ramos Tower site (old autofocus)
http://i159.photobucket.com/albums/t140/slemarken/Image019-1.jpg

http://i159.photobucket.com/albums/t140/slemarken/Image016-2.jpg

http://i159.photobucket.com/albums/t140/slemarken/Image017-2.jpg

http://i159.photobucket.com/albums/t140/slemarken/Image018-1.jpg

http://i159.photobucket.com/albums/t140/slemarken/Image021-1.jpg

^^ tuloy-tuloy na talaga! ...IMO, this building will make a big impact on Cebu's skyline....

Below is the aerial of the location. Thanks for finding this, Sinjin! This is very useful.

http://img254.imageshack.us/img254/833/urramosco3.jpg

However, just browing through the Cebu classified regarding this project

http://www.cebuclassifieds.com/detail.php?id=13836

and notice this little excerpts.


So does this mean that you have to have Ultima Club membership so you can invest in the Ramos Tower? I find that very disturbing and is a bit of a turn off since I am seriously considering this as another possible condotel investment.

That's right in order to buy a unit with Ramos Tower you have to be a member of Club Ultima. I inquired this because I was also interested earlier but when the sales rep told me this thing I changed my mind. I can't maximize the benefits of Club Ultima because i'm not around.

That's right in order to buy a unit with Ramos Tower you have to be a member of Club Ultima. I inquired this because I was also interested earlier but when the sales rep told me this thing I changed my mind. I can't maximize the benefits of Club Ultima because i'm not around.

Oh man! That sucks! I too will have the same problem since I don't live in Cebu so a Club Ultima membership is an unnecessary expense that I cannot justify. Dang! I guess that's it then. I will have to scratch this off my list of investment prospects in Cebu. :cry:

^^ @jimbu and @queetz@home

...there is so called Club Ultima Network Privileges....all active members will be entitled to membership privileges at all of the existing and upcoming Club Ultima locations: Club Ultima Mactan, Club Ultima Baguio, Club Ultima Manila, Club Ultima Makati, Club Ultima Batangas, Club Ultima Iloilo, Club Ultima Bacolod, Club Ultima Cagayan de Oro, Club Ultima Davao

...so, even if you buy a unit at Ramos Tower with requirements on buying a share in Club Ultima....you don't have worry on not getting your benefits in Cebu since they are all over Philippines to enjoy their benefits...

^^

Correct! Sakto! Exactly! True!

Just like my boss. She's married and member of the Club Ultima Network Privilege. Membership that time was Php 100,00.00 if I'm not mistaken. Her family really enjoys the privileges, benefits, perks, discounts and freebies of the said club.

Yeah! You read it right, not only her, but her family too. Her husand and children were given a membership card with a picture on it that they can use to enjoy what her wife and their mother enjoys being a member of the said club.

And yeah! You can use it and enjoy all of their facilities nationwide.

^^ @jimbu and @queetz@home

...there is so called Club Ultima Network Privileges....all active members will be entitled to membership privileges at all of the existing and upcoming Club Ultima locations: Club Ultima Mactan, Club Ultima Baguio, Club Ultima Manila, Club Ultima Makati, Club Ultima Batangas, Club Ultima Iloilo, Club Ultima Bacolod, Club Ultima Cagayan de Oro, Club Ultima Davao

...so, even if you buy a unit at Ramos Tower with requirements on buying a share in Club Ultima....you don't have worry on not getting your benefits in Cebu since they are all over Philippines to enjoy their benefits...

That maybe true to some extent but I think this is a case where the project is simply "not for everybody". I looked into Club Ultima before but even here in Metro Manila, their facilities are in Makati and Manila, both which are personally a bit of a hassle to go because of traffic and lack of parking. Now if they have a Club Ultima facility in the Ortigas Centre, it maybe different. But even then, I have to ask myself, "Is it really worth the additional expense?"

A Club Ultima membership is perfect for some but not for others, including myself. Its ideal if you travel a lot or if you happen to live near one of its buildings and have a family where you can share its facilities. The fact that you have to pay for membership plus its monthly dues is a bit of a financial burden if there isn't really that big of a need in your part.

My particular intent to invest in the Ramos Tower is condotel income, the same reason why people invest in projects like the Millenia Tower, Lancaster Suites, Alta Vista in Boracay, Swire Elan Suites, Palace of Makati, etc. Condotels are relatively cheaper, easy to manage and give a higher ROI as oppose to buying an ordinary condo with the intent of renting it out. But if you have the additional expense of Club Ultima membership, it really dimishes the economic value of the Ramos Tower investment. For one, you have to purchase and maintain that membership, plus your Ramos Tower payments while not a single cent will come back to you until the building is finished at 2010. The costs do add up quite a bit.

At the end of the day, if you happen to have a Club Ultima membership that you acquired because you want to use their facilities and services, then having the accessibility of investing in a stunning condotel project such as the Ramos Tower is a huge fringe benefit that just happen to be there. But for the non-members such as myself and jimbu, there are simply other real estate investment opportunities out there that doesn't have the additional expense of club membership that cannot be justified. :(

^^

Correct! Sakto! Exactly! True!

Just like my boss. She's married and member of the Club Ultima Network Privilege. Membership that time was Php 100,00.00 if I'm not mistaken. Her family really enjoys the privileges, benefits, perks, discounts and freebies of the said club.

Yeah! You read it right, not only her, but her family too. Her husand and children were given a membership card with a picture on it that they can use to enjoy what her wife and their mother enjoys being a member of the said club.

And yeah! You can use it and enjoy all of their facilities nationwide.

for about three years ago, membership indeed was P100K+ (pre-selling rate). it's for the whole family na. and it's a lifetime membership. :)

That maybe true to some extent but I think this is a case where the project is simply "not for everybody". I looked into Club Ultima before but even here in Metro Manila, their facilities are in Makati and Manila, both which are personally a bit of a hassle to go because of traffic and lack of parking. Now if they have a Club Ultima facility in the Ortigas Centre, it maybe different. But even then, I have to ask myself, "Is it really worth the additional expense?"

A Club Ultima membership is perfect for some but not for others, including myself. Its ideal if you travel a lot or if you happen to live near one of its buildings and have a family where you can share its facilities. The fact that you have to pay for membership plus its monthly dues is a bit of a financial burden if there isn't really that big of a need in your part.

My particular intent to invest in the Ramos Tower is condotel income, the same reason why people invest in projects like the Millenia Tower, Lancaster Suites, Alta Vista in Boracay, Swire Elan Suites, Palace of Makati, etc. Condotels are relatively cheaper, easy to manage and give a higher ROI as oppose to buying an ordinary condo with the intent of renting it out. But if you have the additional expense of Club Ultima membership, it really dimishes the economic value of the Ramos Tower investment. For one, you have to purchase and maintain that membership, plus your Ramos Tower payments while not a single cent will come back to you until the building is finished at 2010. The costs do add up quite a bit.

At the end of the day, if you happen to have a Club Ultima membership that you acquired because you want to use their facilities and services, then having the accessibility of investing in a stunning condotel project such as the Ramos Tower is a huge fringe benefit that just happen to be there. But for the non-members such as myself and jimbu, there are simply other real estate investment opportunities out there that doesn't have the additional expense of club membership that cannot be justified. :(

hi queetz! you might want to consider Citylights Garden or Tower Palace @ CBP :cool:

^^ Are Citylights and Tower Palace condotels? I thought they were just ordinary condos. :?:

May Condotel units ata ang Grand Cenia...

^^ @jimbu and @queetz@home

...there is so called Club Ultima Network Privileges....all active members will be entitled to membership privileges at all of the existing and upcoming Club Ultima locations: Club Ultima Mactan, Club Ultima Baguio, Club Ultima Manila, Club Ultima Makati, Club Ultima Batangas, Club Ultima Iloilo, Club Ultima Bacolod, Club Ultima Cagayan de Oro, Club Ultima Davao

...so, even if you buy a unit at Ramos Tower with requirements on buying a share in Club Ultima....you don't have worry on not getting your benefits in Cebu since they are all over Philippines to enjoy their benefits...

not only in Philippines but worldwide

When is the groundbreaking of Ramos Tower?

The construction materials for Ultima Residences Ramos Tower has now arrived on the site... i will post pix soon!

Why is there a need to invest in Club Ultima's club membership?

We cannot see the advantages of the club membership if we view it as something distinct and separate from the other projects under the Ultima brand. However, we should not disregard the fact that these four towers namely: Fuente Tower, Ramos Tower, Club Ultima Tower Clubhouse, and Crown Regency Hotel & Towers, complement each other. This is an integrated community that cannot be found anywhere else and its concept different from other condotels in the Philippine market.

Fuente Tower & Ramos Tower will serve as your residence, the Club Ultima Tower as your multi-purpose clubhouse, and the Crown Regency Hotel & Towers as your guests room.

If you are planning to invest, you would consider something that generates income. Now how will you be able to generate income if you plan to invest at Fuente Tower or Ramos Tower? This is where the other towers play its major role in enhancing the value of your investment.

Crown Regency Hotel & Towers will provide hotel amenities and facilities not found anywhere in the Philippines. The hotel will feature not just an additional business center, recreation facilities & kid's play area found at Club Ultima but will include health horizon (a state-of-the-art laboratory), three floors of the hotel rooms will be specially outfitted for regeneration, post-operation & stress recovery (which provides the ambiance of health & wellness, privacy & security plus the convenience of a check-up), three floors of fine dining restaurants at the higher floors, a mini-beer brewery on the 37th floor, and these soon to materialize amuzement attractions like the skywalk, sky bar & extreme rides by Stratosphere found at the topmost floor of the tower. These features will surely draw a bigger crowd to the hotel. If all hotel rooms cannot accommodate guests, guess where these guest are going? They will be referred to condo owners who might consider their units for rentals. Fuente and Ramos Tower condo owners will benefit the promotions and perks given by the hotel so there is an endless supply of renters or hotel guests. That means more guaranteed income for condo owners.

What about club membership? This is where you get value-for-money for your guests. When you present your privilege card, your guests can avail of the special membership discounts at the Club's facilities at the Club Ultima tower. You might not use it but it would add value to your service as rental owners. Extra privileges like 30%-50% discounts on the club's facilities would have a huge impact on your visiting guests renting your condo. Not only is the membership lifetime but club members enjoy the same privileges to all Crown Regency hotel chains like in Crown Regency Boracay aside from those other hotel chains mentioned by Hans. If you find no value to the club membership, you can simply resell them after two-years. You can even earn from reselling it as club membership rates increase over time as more and more hotel chains and amenities are added up to its line of services.

Update for Ultima Residences Ramos Tower:

instead of 31-storeys it is changed into 33-storeys because they will add 2 floors for the penthouse...

http://img167.imageshack.us/img167/4691/ramos2be0.jpg

http://img521.imageshack.us/img521/5726/ramos3za5.jpg

Wow, good addition to the Cebu skyline. I'm excited about the prospects of the Cebu skyline. It would be similar to the Busan skyline with the slightly mountainy terrain of Hong Kong.

http://i168.photobucket.com/albums/u177/Jarenz_038/UltimaResidences-1.jpg

so these ultima towers will change cebu skyline forever

Just an addition to the skyline...

^ I don't like that statement, seems like sarcasm to me. Anyway, any addition to the skyline will change the skyline forever. ;)

your just misunderstand the statement....

at the moment grand cenia looks like a good buy. the cost of club ultima's membership shares is quite high... plus, the club ultima tower facade looks like it needs to be refurbished. from ramos st., i can see rust stains at the base of the "spikes" and around the window frames. tsk...tsk... also, i got to go inside the crown regency and was thrown aback by shoddy finishing work on SOME parts of the lobby, particularly the walls leading to the CR. klaro man gud nga pinadagan. and it's kind of a letdown. (if you want to see pulido na lobby, check out the marco polo and parklane). mediocrity sounds out of place along the words "CROWN" and "REGENCY." just my two cents worth...

Exactly, if one is standing at Ramos street looking west, the Club Ultima building really looks as if it's still under construction.

^^agree. it looks unfinished. but in fairness, when you're inside, it's awesome.

^^ yeah, the people behind ABS-CBN's Lifestyle Show URBAN ZONE and Travel Show TRIP na TRIP were very impressed of the interior designs and amenities of Club Ultima...

the interior in general is good, even impressive to some extent. what i'm concerned about is the finishing works in SOME parts of the interior. if you take a closer look, klaro jud pinadagan. i'll take pics to see what i mean :)

Exactly, if one is standing at Ramos street looking west, the Club Ultima building really looks as if it's still under construction.

bitaw, i hope they correct this problem. kuyaw ni mahimong eyesore :)

the interior in general is good, even impressive to some extent. what i'm concerned about is the finishing works in SOME parts of the interior. if you take a closer look, klaro jud pinadagan. i'll take pics to see what i mean :)

^^please include pics of Club Ultima's impressive amenties. :D thanks! can't wait to finally take advantage being a club member! :)

^^ Here's the official website of Club Ultima and its amenities:

http://www.clubultima.com/amenities_aquafitness.html

Below is the aerial of the location. Thanks for finding this, Sinjin! This is very useful.

http://img254.imageshack.us/img254/833/urramosco3.jpg

However, just browing through the Cebu classified regarding this project

http://www.cebuclassifieds.com/detail.php?id=13836

and notice this little excerpts.

HIGH LIFE AT A LOW COST! Membership in CLUB ULTIMA is the key to owning the premier condominium unit at Ultima Residences - Ramos Tower. HOWEVER IMPORTANT TO EMPHASIZE THAT ONLY ULTIMA CLUB MEMBERS ARE ALLOWED TO INVEST IN THE ULTIMA RESIDENCES. So does this mean that you have to have Ultima Club membership so you can invest in the Ramos Tower? I find that very disturbing and is a bit of a turn off since I am seriously considering this as another possible condotel investment.

Hey, if one has to be a Club Ultima member, does it mean unit owners/buyers won't have to pay association dues anymore? I hope someone can answer this. :)

Coz if an investor is paying monthly amortization, real estate taxes and then monthly club membership dues on top of the association dues... it would turn out expensive or could be the same amount paying for a higher-end condo.

http://farm3.static.flickr.com/2333/1626376681_719834dda2_o.jpg


:speech:Just last Oct. 5,2007, the Fuente Triangle Realty Dev't. Corp.,the Ramos Tower developer, has launched a great promo where a buyer no longer needs to pay for a Downpayment when purchasing a unit.

One only needs to reserve the unit at Php25,000. A month after the reservation, one will already start paying Php12,000 monthly amortization straight in 4 yrs..Absolutely at 0% interest!:okay: Plus, the remaining balance after 4 yrs will be paid through PAG-IBIG financing.

How about the Club Ultima Membership?

Well, that's the ultimate key to own a unit. Surprisingly, the developer also made a great promo to be combined with the Ramos Tower Promo.

Now, the membership for whatever category you choose will have 30% discount.:cool:

A buyer just needs to pay Php10,000 for the membership downpayment and pay Php 5,000 per month until fully paid! Again,at 0% interest!

What an offer?!:nocrook:

So to all of u out there who thinks that the membership is a burden, well, you better think it twice..this is an opportunity investors wouldn't waste!

Just think about the 20% Return of Investment per year and the 30 days free hotel stay that you can use even worldwide..plus the lifetime benefits and privileges you'll get being a Club Ultima member...:)

^^ Christie when is the scheduled groundbreaking of Ramos tower?

^^ Christie when is the scheduled groundbreaking of Ramos tower?

groundbreaking will start by december...:)

^^ thanks for the info! when is the turn-over?

^^ thanks for the info! when is the turn-over?

Ur welcome rustyboi!:) The tower will be completed in 2-3 years.

Updates...

http://i168.photobucket.com/albums/u177/Jarenz_038/UR-ramostower-1.jpg

http://i168.photobucket.com/albums/u177/Jarenz_038/UR-ramostower.jpg

The materials has been here for long time since it was delivered...

mHVX-OJyoYw

nice. i want to try the skybar. not the skywalk. hehehe

^^ According to the recent specs, the highest floors are reserved for three (3 bedroom) penthouses (bi-level units) ranging from 109 sq.m. to 118 sq.m. Penthouse lower level on the 32nd floor and the upper level on the 33rd floor. Whether or not amenities are provided on the roofdeck, the recent building plan does not specify. However, changes may apply.

Condo investors and owners at Ramos Towers can utilize the amenities and facilities of Club Ultima and enjoy special perks and privileges to other Crown Regency hotel chains nationwide.

-edit -

when will they start the contruction?

^^Just look at post 71, its just in the same page... It says December.

^^thanks, I thought there was a delay because as what Jarenz posted the construction materials was already delivered to the site long time ago.

I was actually planning on getting a unit here, but then I saw some floorplans.. 17 units per floor and only 2 elevators? Can someone confirm that?

^^ yup

to be exact, ramos tower has two high-speed elevators, one passenger lift and one service lift.

^^ bai, is that a turn-off to buyers if only 2 elevators for a 33 storey condo?

^^ imo, for a 33-storey condo, there should be at least 4.. just imagine the scenario of what will happen during peak-hours, around 7am & 5pm, if it would remain to have only 2 elevators.

^^ how much more if it is an office condo....

@sinjin, please change the number of floors of the title thread to 33F to avoid confusion. Thanks. :)

^^ Ramos Tower is 33 storeys high. the first 31 storeys are commercial and studio-type flat residential condo suites while the additional two floors for bi-level penthouse condo units.

http://i168.photobucket.com/albums/u177/Jarenz_038/UR-ramostower-2.jpg

were still on pre-selling stage...

estimated due date for ramos tower is 2011 while

fuente tower by 2010.


the initial completion target for Ultima Residences Ramos Tower was year 2009. so it's gonna be approximately 2 years na delay... :uh:

^^ I am not aware nor informed that the initial completion target of Ultima Residences Ramos Tower is 2009. What is certain now is that the development stage will be 2-3 years commencing this month or December 2007. Pre-selling period is not to be reckon with the development period. Pre-selling phase of a project normally commences two years before construction/development period.

^^ I actually got a complete sales-kit provided by Jech earlier this year. all the materials indicate "Target completion date - 2009". my mom is really interested in getting a unit. anytime this year we're buying one unit na and i bet my mom would wonder why the turn-over date will be 2 years delayed. i hope she won't change her mind though coz she's got friends who work for other condo projects.

You can refer to post #1 of this thread :)

A 31 storey condotel will rise along F.Ramos St, Cebu City.
Target Completion Date - 2009
Current Status - Preselling

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/RAMOS_NIGHTVIEW.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/FINALNIGHTscene.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/living.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/kitchen.jpg


i'm a fan of Club Ultima so i'm still pushing in getting a unit at Fuente Tower. hehe

the initial completion target for Ultima Residences Ramos Tower was year 2009. so it's gonna be approximately 2 years na delay... :uh:

^^ I am not aware nor informed that the initial completion target of Ultima Residences Ramos Tower is 2009. What is certain now is that the development stage will be 2-3 years commencing this month or December 2007. Pre-selling period is not to be reckon with the development period. Pre-selling phase of a project normally commences two years before construction/development period.

Preselling Stage of Ultima Residences Ramos Tower started as early as 2006 (November to be exact). And yes, we have been advised and informed by VP Joe Guianzon to advise potential buyers that the project would be delivered by 2009 :( This was even indicated on the first brochures and floorplans released by Fuente Triangle. I believe there were changes the year after as the floor plans have been changed and the number of units had been increased.

I will send you a new kit rusty :okay:

http://i168.photobucket.com/albums/u177/Jarenz_038/urr4.jpg

http://i168.photobucket.com/albums/u177/Jarenz_038/urr5.jpg

http://i168.photobucket.com/albums/u177/Jarenz_038/urr6.jpg

^^ imo, for a 33-storey condo, there should be at least 4.. just imagine the scenario of what will happen during peak-hours, around 7am & 5pm, if it would remain to have only 2 elevators.

I had the same concern about the number of elevators at Ramos Tower as well. Can't imagine what it would be like, and if one is under maintainance, then it would be a very, very, very long wait since using the stairs is not practical. We're about to purchase na unta even though we're not so happy about paying Club Ultima share price and monthly dues (piyungan na lang), but the number of elevators was the final thing that killed our interest.

^^ i must agree with your concern bai... IMO, 2 elevators will suffice if there are only 8 units per floor but 17??? i don't think so... :ohno:

one main elevator and one service elevator for a 33-storey is just WRONG. i currently live in a 37-storey building which 20 levels of it is residential. only 2 dedicated elevators, no service elevator and the wait time is unacceptable especially on peak hours. :ohno: Ramos Tower developer should think about adding at least two more elevators.

living in this tower would mean a cardio workout everyday :lol:

^^ I actually got a complete sales-kit provided by Jech earlier this year. all the materials indicate "Target completion date - 2009". my mom is really interested in getting a unit. anytime this year we're buying one unit na and i bet my mom would wonder why the turn-over date will be 2 years delayed. i hope she won't change her mind though coz she's got friends who work for other condo projects.

You can refer to post #1 of this thread :)



i'm a fan of Club Ultima so i'm still pushing in getting a unit at Fuente Tower. hehe

^^ Most of the new condo developments in Cebu to date will be completed in 2010 except for Citylights Gardens Towers 3 & 4 which will be delivered to condo owners end of December 2008.

Ultima Residences Ramos Tower

Groundbreaking: Feb. 29, 2007

the unit will be turnover on Dec 2011... Guarentee on the buyers side

....

If you wonder why the construction has not yet been started....???

This is the reason...

The backhoe loader and the rest of equipments that was used in
Ultima Residences Fuente Tower is the same to be used in Ultima Residences Ramos Tower...

http://www.wilsonequipment.com/rentals/images/loader_Backhoe_hammer_580L730a_large.jpg

http://www.ellingsondrainage.com/images/Backhoe%20310SG.JPG

Ultima Residences Ramos Tower

Groundbreaking: Feb. 29, 2007



Typo error? maybe its Feb 29,2008?

^^ tnx 4 d correction...

i was a bit surprised that my dad already spoke with one of the Ramos Tower sales agent in SM mall yesterday. he's getting me a unit at the 31st floor! nothing's final yet though, the agent is unable to confirm anything regarding availability of the unit my dad prefers... except for the SEA VIEW units which she said all are sold out. oh well... can anyone here get a sea view unit for me? :D paging jech jarens vatics et al :)

which one's the second best view?

^^

at last naa nay istambayan ang ssc

..

-dp-

@rusty: nice to hear that.....ssc-cebu peeps must be very excited to see your unit built.....ssc cebu's headquarters bah? hehehhe

i'll checked if there are open units at the top floors SEAVIEW.... our AVP has access to open-reserved-sold units at Ramos and Fuente Towers. inform you soon.

^^hehe thanks! mao jud. i'm so excited.

^^

at last naa nay istambayan ang ssc

..

btw, it's the Yuletide cocktail party for Club Ultima members tonight. my mom and dad will be there. i'll try if maka sulod ko sa grand ball room. the invitation is good for two raman gud. i was informed that there'll be a presentation of on-going and upcoming Fuente Towers project and i certainly don't wanna miss this! :lol:

RAMOS TOWER LATEST UPDATE:

* Ground Breaking: February 29, 2008

If that's the case, I guess we'll wait ASEC to finish off the Fuente tower III first :bash:

Anyway, Regarding the elevators, Ramos tower would operate as a Condotel, investors wouldn't really mind because they would be interested on the returns, unless they plan to reside there also. :ohno:

OT: The 53% of the Ramos tower are already sold as of this date. Prices will increase by 5% effective Jan 15, but the good news to future buyers, the promos were extended. :banana:

^^ pila ang association dues diri once the unit has been turned over?

With regards to association dues...

The figures is not yet fixed!

i hope it's not too much. what should i say to possible buyers? basin barato when you buy the unit but when you are using it na, mahal ang association dues. bawi ba. :bash:

i hope it's not too much. what should i say to possible buyers? basin barato when you buy the unit but when you are using it na, mahal ang association dues. bawi ba. :bash:

as what i know, it will be Php50.00/sqm per month...:)

thanks pretty christie who is taken...:nuts:

i hope it's not too much. what should i say to possible buyers? basin barato when you buy the unit but when you are using it na, mahal ang association dues. bawi ba. :bash:

the condo dues may subject to change once the developer turnovers the condo units to condo owners and the formation of a condo corporation. initially, the condo dues are pegged at P50 psm per month.

over time, the condo dues will increase to shoulder the maintenance & repair cost of the common areas and amenities of the condominium.

any news on the groundbreaking?

poster #113

is she the controversial one?

^^ was... :lol:

ridiculous! no ground breakin' news? another delay?? :?

Developer to change Metro Cebu skyline
By Rhia de Pablo
The Freeman
Tuesday, March 4, 2008

Keen on fueling Cebu’s robust business community and complementing the fast-paced shift of the modern Cebuano lifestyle, real estate developer J. King and Sons deems to change the skyline of Metro Cebu with their series of high rise development projects.

After inaugurating the tallest tower in the Visayas and Mindanao area late last year, J. King and Sons has recently inaugurated two more of their development projects to be undertaken this year: their Ultima Residences in Ramos and their Ultima Prime, the fourth tower in Fuente.

“With all our high rise investments going on, we want to change the skyline of Cebu in the next three to four years as we want to contribute to the development of the city and generate employment that will be complementary to the growth of the local economy,” said Richard King, the CEO of J. King and Sons in an exclusive interview.

Ultima Residences in Ramos is a 30-storey condotel housing development aimed to provide middle to higher income market ranges a descent home at the heart of Metro Cebu. The property has already been sold 75% even before it broke ground. The Ultima Prime on the other hand provides 28 levels of exclusive and low density high-end housing facility considered to be the “crème de la crème” of J. King’s condominium housing developments.

But despite critics saying that Cebu is not yet ready for condo living, King pointed out that condominiums nowadays actually provide real estate investors with practical offers both beneficial and economical considering the increasing cost of gasoline and the longer time consumed for out-of-town travels due to the city’ rapid traffic congestion brought about by the multiple developments and business activities within the area.

“We are offering a different lifestyle that will enable them to work and live within the city and at the same time earn from their investments. Buying a house outside the metro is not logical these days because it can be a waste time and money for gasoline in the long run” added King.

He further added that few years back, Cebu was not yet ready to adopt condo living but with the lifestyle shift seen these days, it now serves several advantages for residents working or studying in the city.

“We never thought of going into high rise development but having seen that most residents from urbanized cities in the world are living within high rise buildings and that Cebu is fast becoming an urbanized metropolitan so we started with our conquest in Fuente,” revealed King.

Having seen Cebu’s fast adaptation of urban living that is becoming similar with Manila, J. King and Sons believe that the sky rise developments they have started will mark the solid boom in the city’s real estate industry.

“Cebu has already attracted several foreign investments and this being the case, the city is also fast becoming a metropolitan city that can already accept the idea of high rise living. With the congestion of the city, the concept now for developments is to go up,” said King.

He also added that the good number of buyers from the net composed of overseas Filipino workers, balikbayans and foreigners who have heard a lot of about Cebu are also fueling the fast development of the high rise development in Cebu.
__________________

My dad recently purchased a Ramos Tower unit for me. I was surprised coz i thought dad was no longer interested. sayang, had i known, i would have contacted the sales agent i first talked with. :( and the thing is, i was about to ask dad to consider getting me a unit at the Persimmons instead. i thought it would be more accessible to our business and it's right at the middle of SM and Ayala. anyway, i'm a beggar and beggars can't be choosers. haha... and my future home is gonna be at the top floor (31st) facing the magnificent Cebu mountains. :D although I'm a bit apprehensive about the developer's capacity to deliver the units on time, I could hardly conceal my excitement when my dad shared the good news. cheers to my fellow Ramos tower owners, if there's any. :)

btw, the turn-over / delivery of units: December 2011
timan-on jud ni nako. we'll see! bantay lang gyud ni. :lol:

^^have they solved the number of elevators vs number of floors and occupants problem already?

I'm aware people closely connected to Fuente Triangle have presence here. let me share some facts about the developer based on experience (?). tips na rin for future buyers. i'll try to be as accurate as I can, definitely no malice or bias. my family has invested much in this company (J Kings and Sons) which also operates Club Ultima.

· in 2003 when we first joined Club Ultima, we were told that King's Island will be operational in three years time. the result? no King's island or anything close to it. what ever happened to that island, no explanation heard from the company or whatever. as far as i can remember, King's Island was so exciting to hear that actually convinced my dad to join Club Ultima. hehe

· Club Ultima Fuente tower opening was delayed SEVERAL TIMES. what happened was, we've been paying our membership and unable to enjoy club benifits on time as promised.

· Club Ultima Makati. we were expecting of their Makati club facility but it turned out to be a low-rise Crown Regency hotel which recently opened.

· Crown Regency Fuente Tower. delayed? no comment. :lol: i'm looking forward nalang with the edge coaster and the orbiter :cool:

· Ultima Residences Tower 3 - original target date: Year 2009. latest update? still at the basement level.

well, there are more things to enumerate but it's kinda weird that this one's coming from me. i still think the developer can still improve, given the fact that Richard King is rich. that's why i still have high hopes in this Ramos project. i was delighted to know that the units are almost sold out. they had their ground breaking (which not surprisingly delayed SEVERAL TIMES as usual) but i don't wanna know how the current site looks like. it's gotta be frustrating to look at, i'm sure. :lol:

^^have they solved the number of elevators vs number of floors and occupants problem already?

they don't seem to welcome my suggestion. i spoke with a sales supervisor about some concerns including the elevators but he wasn't so convincing. didn't bother asking more questions, ang importante, i'll be a Ramos resident soon. come what may. :)

^^

Sell your Ramos Tower unit in the future and buy another one hehe..

Rusty, congratz on the new condo unit!! it may take long for the turnover but history dictates that it will be worth a million or two more when you get hold of the keys.

^^thanks! you're right. yeah, i'm contemplating of selling it when it's fully furnished. expats in Cebu prefer buying units that are ready for occupancy. but most probably i'll live on it mga 1 year siguro before i sell it. anyway, this is still dugay pa. imagine, they're too safe in declaring the delivery of units: after 3 years and 8 months pa. for me it shouldn't take that long. mao na if ma delay pa gani ni, they have to watch out.

changes or improvement can happen during the pre-construction stage. hopefully your concern regarding the elevator will be resolved soon. engineers will look at the viability during the actual construction of the building. some original plans & layouts may be altered based on actual circumstance.

@rusty: what you can expect is that nothing is final yet until the building is there and you have the unit delivered to you as promised in the condo agreement that you approved.

changes or improvements can happen during the pre-construction stage. hopefully your concern regarding the elevator will be resolved soon. engineers will look at the viability to add more elevators during the actual construction of the building. some original plans & layouts may be altered based on actual circumstance.

@rusty: what you can expect is that nothing is final yet until the building is there (you can see it standing) and you have your unit delivered to you as promised in the condo agreement that you approved.

Or instead of selling it, have it rented out nalang. Hehehe.. Whichever is better..



^^thanks! you're right. yeah, i'm contemplating of selling it when it's fully furnished. expats in Cebu prefer buying units that are ready for occupancy. but most probably i'll live on it mga 1 year siguro before i sell it. anyway, this is still dugay pa. imagine, they're too safe in declaring the delivery of units: after 3 years and 8 months pa. for me it shouldn't take that long. mao na if ma delay pa gani ni, they have to watch out.

changes or improvements can happen during the pre-construction stage. hopefully your concern regarding the elevator will be resolved soon. engineers will look at the viability to add more elevators during the actual construction of the building. some original plans & layouts may be altered based on actual circumstance.

@rusty: what you can expect is that nothing is final yet until the building is there (you can see it standing) and you have your unit delivered to you as promised in the condo agreement that you approved.

thanks vatics! how i wish the changes wouldn't make it worse. :bash:

i notice your signature, Amisa Tower 1 finishes earlier than the Ramos tower? ah, tower 1 pala is just 14 floors. fair enough. i prefer Amisa but too bad, my dad wants me to stay within Cebu City lang.

http://i62.photobucket.com/albums/h102/cebupics3/Ramos%20Tower/ramos_seaview.jpg
^^Sea view (Mactan island, Downtown Cebu)

http://i62.photobucket.com/albums/h102/cebupics3/Ramos%20Tower/ramos_mountain.jpg
^^Mountain view (Left wing) ; view of SRP and Southern Cebu (Right wing)

^^di ba, this was meant to be the more budget friendly option compared to Tower 3, well with U Prime on the drawing boards, i think the value of Ramos Tower units could actually go a bit higher...good for you @rusty :okay:

^^yeah! Ramos tower houses studio units... caters to bachelors, single parents, startup families, and for condotel operations (standard room). most units in Ramos cost lower because of smaller size compared to Tower 3 which are loft-type (more than twice its size) and Ultima Prime's all-bi level units. :) prices are computed by square-meters man gud.

i'd like to see myself living in a bigger house but that'd be after 5 years pa. thanks! i hope my investment is worth the risk.. :)

Congratulations on your Ramos Tower unit! I wish my dad could also buy me one, but tatay unly bot mi stip-in (evin tho i want bakya) win I was a kid viry lung time agu.hihi

Anyway,

For the Crown Regency Fuente, the edge coaster will be installed this coming august, the remaining uppermost floors of the hotel (where fine restaurants will be placed) are still undergoing finishing touches.

Tower 3, yes still at basement level, but the contractor promised to be at the 18th floor by the end of the year.

^^thanks! what about the Ramos Tower christie? when will they start the excavation?

i really wanna try that restaurant in CR's topmost floor. are non-CU members welcome there?

^^everyone's welcome in all restos in Club Ultima & all and upcoming Crown Regency hotels. CU members only get to enjoy discounts but everyone's getting the same treatment. :cool:

and so i was told by my agent that according to a recent announcement by the big boss, the delivery of this Ramos Tower may be moved to a year early. they are considering to revise the target turnover date from Dec. 2011 to sometime 2010. and that they will increase the contract price next year by P1 million on top of the prevailing rates. :shocked: they have yet to make a formal announcement to the buyers though.. :D she added that the construction materials are already in place (which i believe have arrived for quite sometime now).

are they doing this for the developer to launch the new project along Mango Avenue? could there be more projects in the pipeline about to be launched? who knows? :dunno:

just hoping every project will be completed. simultaneous construction of j king projects is very risky. it could have a domino effect, that is, if one project has financial constraint the rest of the projects may suffer the same fate since all projects are financed by a common fund.

and that they will increase the contract price next year by P1 million on top of the prevailing rates. :shocked: they have yet to make a formal announcement to the buyers though.. :D

omg :shocked: this is another developer hype i suppose. 1 million price increase?:ohno: price here is somehow being manipulated that doesn't even reflect the true value of the units. a reminder: we are talking about "bare" units here. if the "1 million" price increase would be effected, then units at ramos will be highly OVERPRICED! though nothing is final yet. let's wait for some announcements.

bai vatics do you have updates of Fuente Triangle projects? I noticed that christie posted about Boracay units to increase by P1 million, too. is it possible the infos being circulated are somehow messed up? and yeah like you said, we'll wait for a formal announcement.

just hoping every project will be completed. simultaneous construction of j king projects is very risky. it could have a domino effect, that is, if one project has financial constraint the rest of the projects may suffer the same fate since all projects are financed by a common fund.

bro i'm still wondering, given that a particular project has most units already sold out, is financial constraint still possible? they're bragging of 80%++ sold out units at Ramos Tower. you have a point and you got me worried somehow. hehe

bai vatics do you have updates of Fuente Triangle projects? I noticed that christie posted about Boracay units to increase by P1 million, too. is it possible the infos being circulated are somehow messed up? and yeah like you said, we'll wait for a formal announcement.

false alarm. the P1M price increase is applicable to boracay project only not ramos. guess there are some mispostings here by christie.

bro i'm still wondering, given that a particular project has most units already sold out, is financial constraint still possible? they're bragging of 80%++ sold out units at Ramos Tower. you have a point and you got me worried somehow. hehe

financial uncertainty looms whenever cash outflows overweigh cash inflows and no other liquid source of funds are available in the short run. though fuente triangle is a reliable company with other affiliate companies to provide funds necessary to sustain its projects, nothing is certain whether these funds can easily be disposed to finance them [projects].

investing on presale projects are normally risky but highly profitable once completed and delivered. this holds true to all pre-construction projects. at presale, you take advantage of low price and profit from it when units appreciate in value over time.

here's a fact: when projects are sold-out, it doesn't necessarily mean that payments are made in cash by investors. there are some of them who opted for deferred terms of payment. the question is if the cash inflow is enough to sustain the project's cash outflow. when 80% of units were sold-out at ramos, it didn't mean 80% of those sold units were fully paid. had it been fully paid by investors, the investment risk would have been lesser.

^^

could that be also the reason bai Vatics why Tower Palace is encountering some difficulties?

though i'm not a fan of the ultima projects in cebu, i'm sure the kings have enough money and assets to finance their projects. this family is awash with cash. but they're businessmen; their decision when to finish the projects depends mostly on business considerations.

also, i have 2nd hand information that the kings have an extremely wealthy silent partner, a chinese-filipino tycoon, for the ultima projects. guess who? :D

inaccurate posts na sad! wtf?

false alarm. the P1M price increase is applicable to boracay project only not ramos. guess there are some mispostings here by christie.


oh actually vatics, just to clear things out... christie only posted the P1M price increase for the Boracay project. it was my sales agent who told me about her "boss" announcing Ramos tower to be completed earlier and that the contract price will appreciate P1M. my agent specifically mentioned that Ramos Tower and Fuente Tower 3 may be turned over at almost the same time. i know it sounds too good to be true but hey it sure is great news or rumor :D


financial uncertainty looms whenever cash outflows overweigh cash inflows and no other liquid source of funds are available in the short run. though fuente triangle is a reliable company with other affiliate companies to provide funds necessary to sustain its projects, nothing is certain whether these funds can easily be disposed to finance them [projects].

investing on presale projects are normally risky but highly profitable once completed and delivered. this holds true to all pre-construction projects. at presale, you take advantage of low price and profit from it when units appreciate in value over time.

here's a fact: when projects are sold-out, it doesn't necessary mean that payments are made in cash by investors. there are some of them who opted for deferred terms of payment. the question is if the cash inflow is enough to sustain the project's cash outflow. when 80% of units were sold-out at ramos, it didn't mean 80% of those sold units were fully paid. had it been fully paid by investors, the investment risk would have been lesser.

nice. very well said Vatics! thanks. these infos are of great help. :okay: and i have to agree with you that nothing is certain. for the developer, i think they do have enough or lots of money to finance the projects, given that existing Crown Regency hotels and the Club Ultima are generating income to the company. i think credibility is what they have yet to earn, the developer's commitment to deliver.

but anyway, need help from you guys. if pre-selling RRF condo unit (28 sqm) is valued at P2M and the delivery date is 3 years after, is there some sort of a formula or something to at least have an idea how much it would be?

according to my agent as of March 2008,
83% of Ramos Tower residential units are sold
407 out of 493 units are sold

the developer must be happy about this. Fuente Tower (Tower 3) on the other hand has so far 79% sold units. in this case, it is most likely that Ramos Tower will be turned over about the same time when Fuente Tower is finished. :)

^^ any update (pics)?

From the Crown Regency Boracay Thread

partial-operations will start late this year, and a Php 1M price increase after selling the 100th unit..


oh actually vatics, just to clear things out... christie only posted the P1M price increase for the Boracay project. it was my sales agent who told me about her "boss" announcing Ramos tower to be completed earlier and that the contract price will appreciate P1M. my agent specifically mentioned that Ramos Tower and Fuente Tower 3 may be turned over at almost the same time. i know it sounds too good to be true but hey it sure is great news or rumor :D

Thank you sir. The announcement by the way is official but may be subject to change.

inaccurate posts na sad! wtf?

hehe Relax. Tell that to rustyboi's agent. I guess reading carefully would help. :colgate:

according to www.ultimaresidences.com Ramos Tower is already 90% sold. yey! :cool:

Is there any significant progress there at the site?

^^none so far...

^^ some materials on the site are now corroded...heheheh!

but anyway, need help from you guys. if pre-selling RRF condo unit (28 sqm) is valued at P2M and the delivery date is 3 years after, is there some sort of a formula or something to at least have an idea how much it would be?

well you can hire an appraiser to determine the fair market value of your condo unit 3 years after you bought it or you have to seek assistance from a reputable licensed real estate broker who has knowledge of the real estate market and the price trend. he/she can provide you with a comparable market analysis on the area.

in economics, the law of supply and demand will give you an idea on the price movement of a commodity.

price is high when supply is low and demand is high (seller's market)
price is low when supply is high and demand is low (buyer's market)

well you can hire an appraiser to determine the fair market value of your condo unit 3 years after you bought it or you have to seek assistance from a reputable licensed real estate broker who has knowledge of the real estate market and the price trend. he/she can provide you with a comparable market analysis on the area.

in economics, the law of supply and demand will give you an idea on the price movement of a commodity.

price is high when supply is low and demand is high (seller's market)
price is low when supply is high and demand is low (buyer's market)

thanks for the info bai vatics. will sure do when the condo unit is turned over. who knows baka ikaw pa ma hire ko as a consultant. hehe

on their website, it shows the Ramos tower is 97% sold! :banana:

^^:)

^^ passed by the area... the lot area is very small for a tall tower, i calculated the lot area and damn asked myself how can they build such building? another problem i saw was the road below and a nearby creek.

the sad part is that there is still no acitvity going on.

^^ passed by the area... the lot area is very small for a tall tower, i calculated the lot area and damn asked myself how can they build such building? another problem i saw was the road below and a nearby creek.

i checked on google earth and to my observation, the Ramos tower lot is indeed huge enough to put up a 33-storey building. in fact, "one" of the 51-storey BSA Twin Towers in Ortigas occupies lesser space than that of the Ramos lot. :)

the sad part is that there is still no acitvity going on.

ah, i didn't notice there's a creek near that area lagi bro. but will soon check it out. according to the marketing assistant of the developer whom i have exchanged email with, excavation works on this project is on-going. my friend confirmed as well that there's indeed activity at the construction site. :okay:

excavation works have just started last week after all the metal sheets used to hold the excavation site's retaining wall at fuente tower were transported at the ramos tower site.

^^ a different tale if you actually go there mga bai...

passed there a while ago. i see a backhoe there. not sure though if they have started work already.

was able to peep inside the site and indeed excavation works has been started. obvious kaau ang nakaw't na yuta.

was able to peep inside the site and indeed excavation works has been started. obvious kaau ang nakaw't na yuta.

Wow!!! Then they would also start building the retaining walls. Excavation is expected to be deep since the building is 30+ floors. Let see if they can finished it all in 3 mos. Nice.... :banana:

Good.. now that it has started..

So there are three buildings being built now in the Fuente-Ramos area --> robinsons, ultima fuente and ultima ramos..

Surely this would change the landscape in the years to come.

:okay:

...wish that G Tower will follow!

...and the metrobank tower 2.

was able to peep inside the site and indeed excavation works has been started. obvious kaau ang nakaw't na yuta.

yup you're right slimer, i passed by the construction site earlier today and it's already deep! i can see it from the road. :okay:

Ramos Tower is sold-out! but we are still waiting for reopening of delinquent accounts

^^hope they fast-track the construction too, without sacrificing quality of course.

Ramos Tower residential units are sold out na nga raw :cheers:

July 2008 updates from www.ultimaresidences.com

http://www.ultimaresidences.com/updates/july_updates/ramos_tower/IMG_4319.jpg

http://www.ultimaresidences.com/updates/july_updates/ramos_tower/IMG_4326.jpg

http://www.ultimaresidences.com/updates/july_updates/ramos_tower/IMG_4322.jpg

http://www.ultimaresidences.com/updates/july_updates/ramos_tower/IMG_4323.jpg

:banana:

@rusty: kung pul-an ka sa imong unit, post nya dinhi ha kay basin paliton nako :)

good news...tnxfor the update..
sana bilisan nila pag.construct..
wahahahhaa....para masaya..

if it's sold out, they better move fast and not let the owners wait long hehehe...

i was rushing to finish this edit. at least this is how its gonna look like. here's the Ramos Tower

http://farm4.static.flickr.com/3030/2680056828_0d0edf0ecc_o.jpg
^^view from Club Ultima tower

^^my unit is at the top floor and can be seen on that pic. :)

@rusty: kung pul-an ka sa imong unit, post nya dinhi ha kay basin paliton nako :)

hehe i doubt if mapul-an ko. but for as long as naa pa gihapon ang ssc forums, ako gyud ipost diri when it's for sale. :D

i was rushing to finish this edit. at least this is how its gonna look like. here's the Ramos Tower

http://farm4.static.flickr.com/3030/2680056828_0d0edf0ecc_o.jpg
^^view from Club Ultima tower

Kewl @rest, taller than I've expected :carrot:

How about view from shell island or srp? :)

Kewl @rest, taller than I've expected :carrot:

How about view from shell island or srp? :)

i think this project is very low-profile despite the height. maybe because of the design. very boxy and boring on the outside. since this is a condotel, i hope it's beautiful from within. (murag commercial hehe)

@slemarken, i'll be glad to. i already thought of it. but will take another pic of the "model"/miniature on the right angle (SRP view). hopefully soon :) the side of Ramos Tower facing the SRP/Sea view by the way is glassy and more appealing to look at :okay:

Ramos Tower: hahaha...BigFoot, who's big now?

BigFoot Tower: you wait and see, my big brother would rise beside Tower Palace

^^ big brothers, di ba? :D

^^yeah, hopefully all three would get built

^^yeah, hopefully all three would get built

Hopefully sir. :)

Anyway, due to the insistent public demand (after selling out all units of Ramos Tower) we have decided to convert the Penthouse floors of the condotel to typical studio-type units. This opened 34 units (17 units per floor) up for grabs which will be located on the topmost floors (32nd and 33rd floor). :banana:

^^ hi christie. what's the price range of the units?

^^ hi christie. what's the price range of the units?

floor unit total area price

32 12 25.60sqm Php2,005,149.95

to

33 14 42.10sqm Php3,438,238.67

:cheers:

^^thanks :)

...di ba sold-out na 'ni? ...humana kaha sila sa foundation?

Ramos Tower on the right of this pic...
http://i78.photobucket.com/albums/j93/ragandacmichael/P1110060.jpg

taken aug30 by me

for now, we can only see a backhoe working... partially...

Ultima Residences Ramos Tower

http://img524.imageshack.us/img524/8474/urrt1kk0.jpg (http://imageshack.us)

..this is scheduled to be completed in 2011 pa diay?



..the groundbreaking ceremony last Feb. 2008
http://www.imageocean.net/images/rfioscx26jjbd3nubzb.jpg


http://www.imageocean.net/images/mnlz8aag6xm45r16i97o.jpg


...the man behind Fuente Triangle Realty..the KING!
http://www.imageocean.net/images/i9kao0c8yw17czpa41m.jpg


source: http://www.ultimaresidences.com/downloads/Ultimatters_Issue_7.pdf

Oct. 06, 2008 update:
by me

http://i62.photobucket.com/albums/h102/cebupics3/Ultima%20Residences/Ramos%20Tower/PICTx0051.jpg
still on excavation stage. many construction workers and cargo trucks in the area.

^^ pwede na ba i-add sa thread title ang "u/c"?

...if so, paging @mod!, please do...thank you!

sold-out!

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/RAMOS_NIGHTVIEW.jpg

no signs of construction i the area. gihimo ra nila parking area.

kanus-a pa kaha ni sugdan.

gisugdan na ni bai... taud2 na sad (pls review previous posts kay naa didto unsa to nga date). excavation stage sila karon...

gisugdan na ni bai... taud2 na sad (pls review previous posts kay naa didto unsa to nga date). excavation stage sila karon...

niagi ko pag friday, nya murag wa gyuy activity dha bai. aw, basin sad nagdungan sila ug break tanan.

pero kadaghan na jud ko kabantay diha bai nga murag gi undangan nila ug trabaho. basin lang sad siguro dili pa full blast ila trabaho.

murag gamay ra workers diha. karon gabii pag-agi nako kay naa mga workers nag-istambay sa gawas sa site nagpahayahay. murag di pa gyud full blast.

^^ @federalist....

@rusty's post #189 (today): "still on excavation stage. many construction workers and cargo trucks in the area."

noticed ganiha nga naay ni-protrude nga steel plates (ambot unsay tawag ana). kanang same bitaw sa grand cenia nga nag-surround sa excavated area.

less than ten units left :) palit na mga tga ssc! hehe

dugay na man diay ni na thred woi.. any updates for this project.. can we have photos..

...ask @christie...she's connected with Fuente Triangle Realty....hehehhe!

...pics pics sab sa status sa project para ganahan mopalit...heheh!

less than ten units left :) palit na mga tga ssc! hehe

labay ko didto gahapon.. nagkawot pa man to.. naay dghan na mga heavy equipments.. but looks like its not moving.. any updates for this project.. labina kadto mga insiders like bai @jarenz and @christie?

murag way improvements. mao ra gihapon sa una.

i'll try to shoot photos. This is just beside my workplace, haha.

^^please do, will be appreciated. :okay:

less than ten units left :) palit na mga tga ssc! hehe
^^sold out naman unta ni. wala unta gi convert ang 32nd and 33rd floor into regular condo units, wala na hinuon na halin. :D
hangtud karon wa lagi gihapon laing investor/condo buyer sa Ramos Tower ni register dire sa SSC. wa diay SSCer nga future neighbor nako. :lol:

^^please do, will be appreciated. :okay:

^^sold out naman unta ni. wala unta gi convert ang 32nd and 33rd floor into regular condo units, wala na hinuon na halin. :D
hangtud karon wa lagi gihapon laing investor/condo buyer sa Ramos Tower ni register dire sa SSC. wa diay SSCer nga future neighbor nako. :lol:

kung wala unta compulsory na club ultima naa sab ko unit diha, neighbor unta ta. mihunong man gani ko sa club ultima membership kay way mogamit unya papaliton na sab ko para lang sa unit sa Ramos Tower. I have to be a club ultima member kuno to buy a unit with Ramos Tower. maghuwat nalang ko basig sa SRP nalang :)

They're now working at the 9th-10th floor.

Work is very fast, I shot this photo yesterday and just a while ago, there's already concrete at those rebars above the staircase.

http://i153.photobucket.com/albums/s223/arnold_carl/urf01.jpg

^^bai that's the fuente tower right? how about ang ramos tower? did you take photos already? hehhe.. i'm not demanding hehehe....

photo by me
01/25/09

construction site partly seen on this photo
http://i62.photobucket.com/albums/h102/cebupics3/Ultima%20Residences/Ramos%20Tower/Px1250482.jpg
^^excavation is visibly deep, metal / iron / steel surrounds the construction site. :cool:

^^
so are they starting na bai? any updates

photo by me
01/25/09

construction site partly seen on this photo
http://i62.photobucket.com/albums/h102/cebupics3/Ultima%20Residences/Ramos%20Tower/Px1250482.jpg
^^excavation is visibly deep, metal / iron / steel surrounds the construction site. :cool:

what is this building above?

i think that's the diplomat (or diplomate?) hotel.

^^ Diplomat bai... the location of Europa Delicatessen... :okay:

^^ Diplomat bai... the location of Europa Delicatessen... :okay:

SALAMAT BAI.

^^bai that's the fuente tower right? how about ang ramos tower? did you take photos already? hehhe.. i'm not demanding hehehe....


Opppss, I posted in the wrong thread, hehe.

I mean Ultima Residendes - Fuente, not Ultima Residences - Ramos.

Naglibog nako sa kadaghan na projects ni King.

^^ bitaw...nag expect sab ko sa photo nimo @nold para sa Ramos Tower kay ingon ka nga tupad ra sa inyong office...

photo updates by me
02/01/2009

Ramos Tower
http://i62.photobucket.com/albums/h102/cebupics3/Ultima%20Residences/Ramos%20Tower/Px2010660.jpg

http://i62.photobucket.com/albums/h102/cebupics3/Ultima%20Residences/Ramos%20Tower/Px2010664.jpg

they still have 34 months to complete this project. :cool:

i see that work had been accelerated now.. they are now currently in two shifts schedule.. from 6-2, the 2-10, perhaps might be accelerated further once it the floors will start to rise.

Another highrise! CeBOOM!

^^ Diplomat bai... the location of Europa Delicatessen... :okay:

FYI lang sa tanan.. defunct na ang Europa Delicatessen. purdoy na ang tag iya.. hehehe

^^ mao ba bai...wala ko kabalo ana da...pero, why man?...sila baya ang supplier sa mga imported cold cuts/delis sa majority of the hotels in Cebu...

morag naay na fill up na laing company bai.. i just forgot the name..

i passed by the site a while ago and the backhoe and crane are busy working. currently putting those huge metal plate or something that serves as the retaining wall? (sakto ba na?)
I mean there's really some construction activity going on which is good!

yes there is.. the work seems so fast now compared a few months ago.

i'm confused kung 3 January ba or 1 March ba these pics were taken...it says man gud: "construction work on the site of ramos towers 1/3/09" ..pero ang day it was taken: 3 March

http://farm4.static.flickr.com/3624/3327195467_fc75101b6f.jpg?v=0


http://farm4.static.flickr.com/3646/3327195383_e6befc178f.jpg?v=0


http://farm4.static.flickr.com/3395/3328029824_88c0a6ec50.jpg?v=0

i'm confused kung 3 January ba or 1 March ba these pics were taken...it says man gud: "construction work on the site of ramos towers 1/3/09" ..pero ang day it was taken: 3 March

http://farm4.static.flickr.com/3624/3327195467_fc75101b6f.jpg?v=0


http://farm4.static.flickr.com/3646/3327195383_e6befc178f.jpg?v=0


http://farm4.static.flickr.com/3395/3328029824_88c0a6ec50.jpg?v=0

Murag march 1 siguro na kay last wk didto pod ko cebu.

^^those steel bars installed on the left side (second photo) of the construction site is recent. so it has to be later than January. :)

dili ba mura'g gamay ra kaayo ang lot area ani para sa usa ka 33-level nga building? Gamay ra gani siya para himuong Gasoline Station. Kakuyaw aning mga projects ni Richard King oi. Basin gasalig ra kaayo ni siya nga intensity 5 ra ang earthquakes sa cebu. Wala baya dyud ta kahibaw sa panahon intawn.

EDIT/ADD ON: Sa akong pagmata-mata nga tan-aw, mura'g dagko pa gud ug lot area ang Lexmark Tower 1, Hong Kong Plaza ug Grand Cenia unya mas-mugbo gud ni sila kaysa aning Ramos Tower. Kabantay ko, mga projects ni King mga apeke man kaayo ang gidak-on sa mga yuta unya mga tag-as raba intawn iyang mga projects. I fear nga basin muboomerang ni sa Cebu ug simbako lang duna'y usa anang iyang mga highrises matumba. Wala nagpasabot nga kay abi'g hinay ra ta ug earthquakes diri nga angay ra pud ta mukumpyansa.

Dili man tuod ko civil engineer pero hinan-aw ko ug national geographic unya maka-criticize dyud ko aning mga projects ni King.

^^ you're scaring @rustyboi...heheh! na-a ra ba siya unit diha! heheh!

naa diay intensity 5 nga earthquake sa Cebu? so far sa akong 18 ka tuig nga pag puyo sa cebu, wa gyud ko kamatikod nga ninglihok ang yuta...sure ka anang intensity 5? hehe!

naa diay intensity 5 nga earthquake sa Cebu? so far sa akong 18 ka tuig nga pag puyo sa cebu, wa gyud ko kamatikod nga ninglihok ang yuta...sure ka anang intensity 5? hehe!

in this day and age, building designs and structure should be earthquake proof. diri mga new buildings and structures must withstand intensity 7 kay so far we are bracing for the big one to come. i bet the building code in cebu now has had some improvement if not aligned with world standards.

i going to ask kon naka rollers ang mga high rise building dinha sa cebu? so that during earthquake mo sway lang side to side ang iyang structure not really shaking.

^^Gaisano Metro, naa daw bolitas beneath sa structure. acting as a wheel during an earthquake...

naa diay intensity 5 nga earthquake sa Cebu? so far sa akong 18 ka tuig nga pag puyo sa cebu, wa gyud ko kamatikod nga ninglihok ang yuta...sure ka anang intensity 5? hehe!

yup... I was in SM ice skating rink during that strong intensity 5 quake...

IMO, part nana sa structure design nga that building will survive a strong quake more than int 5. eventhough quakes here in Cebu aren't strong enough. Gi anticipate nalang na nila daan...

^^ you're scaring @rustyboi...heheh! na-a ra ba siya unit diha! heheh!

naa pa jud sa top floor! :lol:

actually, there are many buildings in Manila as high as 40 storeys pero the lot size is smaller or about the same size as the Ramos tower :cool:

^^Gaisano Metro, naa daw bolitas beneath sa structure. acting as a wheel during an earthquake...

...i think the 1st building in Cebu that has the "bolitas design :lol:" sa foundation is the Metrobank...maka-remember pa ko nga gi-publish gyud ni sa Sunstar...!

...i think the 1st building in Cebu that has the "bolitas design :lol:" sa foundation is the Metrobank...maka-remember pa ko nga gi-publish gyud ni sa Sunstar...!

I think most newer buildings here in Cebu have this.

Even sa Golden Peak Hotel.. you can feel the building slightly swaying esp on high winds. niwang man gud kaau siya

I think most newer buildings here in Cebu have this.

Even sa Golden Peak Hotel.. you can feel the building slightly swaying esp on high winds. niwang man gud kaau siya

I sure hope nga tinud-anay ning naa'y earthquake proofing ang mga new buildings sa Cebu kay kita raba diri sa SSC kusog kaayo magpicture picture ug construction updates and so far wala pa dyud ko kita ug dako nga bolitas nga giinstall sa any of the tall buildings nga atong gipangpicturan...

murag lisod man gyud na makita kay naa raman na sa ilawom. kasagaran mapicturan from 1st floor and above naman.

I sure hope nga tinud-anay ning naa'y earthquake proofing ang mga new buildings sa Cebu kay kita raba diri sa SSC kusog kaayo magpicture picture ug construction updates and so far wala pa dyud ko kita ug dako nga bolitas nga giinstall sa any of the tall buildings nga atong gipangpicturan...

lisod man makit-an ang bolitas labi na kung tinaguan gyud unlike sa building sa taipei bato nga gihimog tourist attraction:lol:

naa diay intensity 5 nga earthquake sa Cebu? so far sa akong 18 ka tuig nga pag puyo sa cebu, wa gyud ko kamatikod nga ninglihok ang yuta...sure ka anang intensity 5? hehe!

as far as i can remember i was in grade 3 (july 1990) when the big quake hit the philippines and it registered around intensity 7 in baguio. see photo below:

http://img8.imageshack.us/img8/1527/001zio.jpg

in cebu, the quake registered at 5.5 intensity but no buildings were reported levelled to the ground. there were tremors but didn't much created earth movements since cebu has no fault lines unlike baguio and makati which runs along the Manila Trench (a fault line that runs off western Luzon, from Ilocos to Mindoro).

naa pa jud sa top floor! :lol:

actually, there are many buildings in Manila as high as 40 storeys pero the lot size is smaller or about the same size as the Ramos tower :cool:

mas angay ka mahadlok kung imo condo naa sa Manila Trench.

murag lisod man gyud na makita kay naa raman na sa ilawom. kasagaran mapicturan from 1st floor and above naman.

dili mana ma-picturan ang bolitas tawn unless kung ang pag-design sa building gituyo para makit-an. pareho ba ang sizes sa bolitas regardless sa height sa building?

oki ra tingali na oi. naa gyud tingali nay bolitas nga tinagoan hahaha (mura man og naay bastos na meaning). Nahibong gani ko kay nanglaag mig Kobe ug Osaka pag weekend unya daghan man pod kaayo na buildings more than 40 floors na daot kaayo. Gamay ra kaayo ug base area ba. To think nga grabe gud pod ang 7.2 intensity na linog didto pag 1995. So safe ra tingali ka Bai Rusty. Hehehe.

What's bolitas?

oki ra tingali na oi. naa gyud tingali nay bolitas nga tinagoan hahaha (mura man og naay bastos na meaning). Nahibong gani ko kay nanglaag mig Kobe ug Osaka pag weekend unya daghan man pod kaayo na buildings more than 40 floors na daot kaayo. Gamay ra kaayo ug base area ba. To think nga grabe gud pod ang 7.2 intensity na linog didto pag 1995. So safe ra tingali ka Bai Rusty. Hehehe.

abi nako'g nanglaag mong Kobe ug Shaq. :lol:

Updates:


Sky Experience Adventure @ Crown Regency Hotel Fuente Tower 1 - Cebu
Featured ==>> World's First Edge Coaster & Country's First Skywalk Extreme

Avail now our promo tickets:


Regular Promo

P380 - Entrance Pass
- plus free one access pass (1person only)
- inclusive with a meal and bottomless iced tea good for one person...
- package good for two persons


P500 - Rides Fee
- plus free one access pass (1person only)
- package good for two persons

Optional:

P1,380 - Entrance Pass
- Rides good for two persons both the Skywalk Extreme and Edge Coaster
- plus meal good for one person


Student Promo

P190 - Entrance Pass good for one
- inclusive with a meal and bottomless iced tea
- package good for one

P250 - Ride Fee
- plus free one access pass (1person only)
- package good for one

Optional:

P690 - Entrance Pass
- Rides good for one person both the Skywalk Extreme and Edge Coaster
- plus meal good for one person


Buffet with Ride Promo

P600 - Weekday Buffet Dinner
- inclusive of entrance pass and 1 free ticket for SkyWalk Extreme or Edge Coaster

P800 - Weekend Buffet Dinner
- inclusive of entrance pass and 1 free ticket for SkyWalk Extreme or Edge Coaster


Note: Entrance Pass is different from Sky Rides Fee
P150 for additional meal per head


For Ultima Residences Condotels

==> Ultima Residences Ramos Tower [33F] - studio type and loft type
Price Range: P2.5M ++ to P3.5M ++
3 years to pay and 0% interest

==> Ultima Residences Fuente Tower 3 [27F] - loft type
Price Range: P3.9M ++ to P10M ++
2 years to pay and 0% interest

==> Ultima Residences Prime Fuente Tower 4 [28F] - studio and loft type
Price Range: P4M ++ to P10M ++
5 years to pay and 0% interest

==> Ultima Cityloft Mango [18F] - studio type
Price Range: P1.9M ++ to P3M ++
4 years to pay and 0% interest

==> Crown Regency Resort and Convention Center [3F] - studio and loft type
Price Range: P5M ++ to P10M ++
3 years to pay and 0% interest

P10T Membership Reservation
P30T Condo Reservation


For ticket reservation/inquiries about the promo tickets and condominium in Fuente Triangle Realty and Dev't. Corp.

Call/Txt +63908.377.9998 [Jan Warren]

A 31 storey condotel will rise along F.Ramos St, Cebu City.
Target Completion Date - 2009
Current Status - Preselling

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/RAMOS_NIGHTVIEW.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/FINALNIGHTscene.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/living.jpg

http://i14.photobucket.com/albums/a340/tj_brewed/Fuente%20Triangle/kitchen.jpg

unsa mani nga building hapit nasab ni mahuman ug nagsige pa ug kaot sa yuta? dindot biya siya ug barog mo stand out pud ni siya like crown regency hotel ug modugang sa skyline sa cebu city.

yes.. nagsugod na sya ug kawot.. pero hinay hinay noon.. kay morag ila pa gi prioritize ang Tower 3..

Ramos Tower for everyone's information is delayed for about 3 years. When Fuente Triangle started selling Ramos condo units in year 2006, they told buyers the turn-over is on 2009. Then they revised the turn-over date to December 2011 or practically year 2012. this condominium was already sold-out (almost) late last year pa. They are stilling digging a hole. Where's the money now? hmmmmm.... King tubaga ko. hehe

Mao ba... Gipalit seguro ang kwarta sa Skyrides bai.. hehehe

Mao ba... Gipalit seguro ang kwarta sa Skyrides bai.. hehehe

I thought so, too. Sky Experience Adventure was just King's afterthought. It became a good selling point but sadly at Ramos Tower's expense IMO. My theory is, money from Fuente Tower 3 was spent for the sky rides. Ramos Tower sales spent for Fuente Tower 3's construction. Then kanang mga City Lofts kay gamiton ang kwarta pang construct sa Ramos Tower. :lol:

I thought so, too. Sky Experience Adventure was just King's afterthought. It became a good selling point but sadly at Ramos Tower's expense IMO. My theory is, money from Fuente Tower 3 was spent for the sky rides. Ramos Tower sales spent for Fuente Tower 3's construction. Then kanang mga City Lofts kay gamiton ang kwarta pang construct sa Ramos Tower. :lol:

klaro kaayo :)

^^ ayaw mo pataka og pasangil oy...hehehhe!

^^ ayaw mo pataka og pasangil oy...hehehhe!

coming from a family of engineers and architects, there could be some truth to what rustyboi and jimbu are saying. but i doubt it because king is already a well established real estate developer so he knows the business. besides when you put your money to buy a condo unit that is still under construction, they place your money on a trust fund that can only be used once the goods is delivered. thats the usual thing we do here just a guarantee that the buyer wont back out when the building is finished. but who knows how business is done with mr. king.