CEBÚ | Última Residences Ramos Tower [130m|36F|res]

[diehardbisdak]

@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...

[hans boy]

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.

[queetz@home]

Originally Posted by diehardbisdak

@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.

[rustyboi]

Originally Posted by hans boy

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.

[rustyboi]

Originally Posted by queetz@home

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

[queetz@home]

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

[great184]

May Condotel units ata ang Grand Cenia...

[Jarenz]

Originally Posted by diehardbisdak

@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

[great184]

When is the groundbreaking of Ramos Tower?

[Jarenz]

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

[vatics]

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.

[Jarenz]

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...

[Sinjin P.]

[flymordecai]

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.

[Jarenz]

[hiiamdib]

so these ultima towers will change cebu skyline forever

[Jarenz]

Just an addition to the skyline...

[Sinjin P.]

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

[Jarenz]

your just misunderstand the statement....

[barukdok]

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...