CEBU | Ultima Residences Fuente Tower 3 [130m|28F|res]

[rustyboi]

Originally Posted by sugbuanon - Aug 2, 2007

yetz: cla meling ai klaro kaayo sa pic..

club ultima tower 3 is now on the pouring stage..

it's been 8 freakin' months.

Originally Posted by vatics - Jan 7, 2008

Just received this latest update from our office recently:

FUENTE TOWER 3

* Mat Foundation: January 31, 2008
* Pull-out of Sheet Files: February 15, 2008
* Second Basement: February 29, 2008
* First Basement: March 22, 2008
* Ground Floor: April 15, 2008

the progress is awefully slow. they could have reached the ground floor by now.

christie i was wondering if you can have this forum thread printed, show it to your bosses and ask if they can ever get this done? hehehe

[sixinchtower]

"Club Ultima Launched

CLUB Ultima will be launched this Sunday October 12, 2003.Now 40 percent complete, it incorporates facilities for the enhancement of one’s business, social, family and health and leisure lifestyle. “But a member does not have to wait for its completion to enjoy (his) membership,” chief operating officer Amor Olaes Salud said. Members can stay at J. King and Sons Inc.’s (JKSI) Princeville Villas in Mactan, use its spa and enjoy the accommodation of JKSI’s Crown Regency Suites in Mactan or the Crown Regency Residence in Davao. They are also automatic members of the Metro Sports Badminton Club."

taken from http://www.garcesrealestate.com/club..._launched.html

was the fuente tower launched during this time? 2003? dugay2x na sad diay ni noh?
re-posting my question yesterday...

Originally Posted by sixinchtower

wow! that's fast.

@ christie, when was fuente tower launched?
pila gani ni ka towers?
i know there's one with 477 units. what is this 398-unit tower?

[diehardbisdak]

...if i'm not mistaken, the 3 towers (Club Ultima, Crown Regency and Ultima Residences) were launched simultaneously but Ultima Residences had only started its construction early last year...

[sixinchtower]

Originally Posted by diehardbisdak

...if i'm not mistaken, the 3 towers (Club Ultima, Crown Regency and Ultima Residences) were launched simultaneously but Ultima Residences had only started its construction early last year...

tnx bai diehard!

so i'm guessing...
- Club Ultima is the first tower with 398 units
- Crown Regency is the hotel
- and Ultima Residences is what they call Fuente Tower 3 with 477 units.

tnx!

[diehardbisdak]

Ultima Residences will have almost the same height as Crown Regency because all floors is a loft-type unit...

[rustyboi]

Originally Posted by barukdok

nimahal kalit ang kabilya, that's why

seriously?

di diay ka afford si King ug kabilya? hehe

Originally Posted by sixinchtower

tnx bai diehard!

so i'm guessing...
- Club Ultima is the first tower with 398 units
- Crown Regency is the hotel
- and Ultima Residences is what they call Fuente Tower 3 with 477 units.

tnx!

Tower 1: Crown Regency Hotel Tower - 40 storeys
Tower 2: Club Ultima Tower - 23 storeys
Tower 3: Ultima Residences, Fuente Tower - 27 storeys

@sixinchtower, yup the 477 units you are referring to is the UR Fuente tower.

correction pala. here's the latest update:
as of April 15 2008

Ultima Residences Fuente Tower
396 out of 477 residential units are sold
83% sold units

[slimer]

diba only CU members are allowed to buy the units at UR fuente?
if they sold that many units, daghan gyud diay ilang members no?

[barukdok]

Originally Posted by rustyboi

seriously?

di diay ka afford si King ug kabilya? hehe

hehe ka-afford oi. nag-awas-awas kwarta anang mga king, but mga negosyante man so ang cost sa materials i-consider jud. i wonder if naay repricing in the works. hmmm...

right now, the cost of construction materials are increasing every week. a contractor who pegged construction cost at P8,000 sqm. (low to mid end residential) two months ago will peg the same project cost now at P15,000/sqm (six-month period for construction). what more the high-end projects.

[vatics]

Originally Posted by barukdok

hehe ka-afford oi. nag-awas-awas kwarta anang mga king, but mga negosyante man so ang cost sa materials i-consider jud. i wonder if naay repricing in the works. hmmm...

right now, the cost of construction materials are increasing every week. a contractor who pegged construction cost at P8,000 sqm. (low to mid end residential) two months ago will peg the same project cost now at P15,000/sqm (six-month period for construction). what more the high-end projects.

not only the cost of construction materials is being considered here. you have to deal with the "bureau of customs" for the importation of these construction materials.... and thus the delay. this is beyond the control of the contractors and suppliers if BOC delays this.... delays that.... holds this.... and holds that.... so much for progress ey!

[vatics]

Originally Posted by slimer

diba only CU members are allowed to buy the units at UR fuente?
if they sold that many units, daghan gyud diay ilang members no?

there are around 3,000++ CU members from around the globe. thus mr. king continues to build more projects because he has already a guaranteed market, the CU members.

[Jarenz]

[sixinchtower]

Originally Posted by rustyboi

Tower 1: Crown Regency Hotel Tower - 40 storeys
Tower 2: Club Ultima Tower - 23 storeys
Tower 3: Ultima Residences, Fuente Tower - 27 storeys

@sixinchtower, yup the 477 units you are referring to is the UR Fuente tower.

correction pala. here's the latest update:
as of April 15 2008

Ultima Residences Fuente Tower
396 out of 477 residential units are sold
83% sold units

tnx @rustyboi!

is the 23-storey club ultima tower 2 sold out?
i can't see it sa website.
they are now selling the fuente and ramos towers.

[rustyboi]

Originally Posted by slimer

diba only CU members are allowed to buy the units at UR fuente?
if they sold that many units, daghan gyud diay ilang members no?

yeah mao jud. it was announced last Dec 2007 and as what vatics said, the number of club members has reached 3,000++. last christmas cocktail party where all club members were invited, all 4 floors of function rooms at Crown Regency Tower are occupied. was hell too crowdy. so maka ingon jud ka nga daghan na members. datu na kaayo si King. hehe

aw o by the way, one has to be a club ultima member to own a UR Fuente, Ramos and/or Ultima Prime unit(s).

Originally Posted by sixinchtower

tnx @rustyboi!

is the 23-storey club ultima tower 2 sold out?
i can't see it sa website.
they are now selling the fuente and ramos towers.

actually, Club Ultima tower has no units for sale. it houses the club facilities, amenities, and hotel rooms too. it's been operational for about 3 years now.

[rustyboi]

yesterday we were at club ultima and there were 4 super-sized tourist buses filled with Indonesians, Koreans and Caucasians scrambling to get inside Crown Regency Tower and the Club Ultima building. accdg to the security guards, they say it happens several times a week.

[slimer]

i agree with the guard. in my random visits to that area, i saw tourist buses parking outside the hotel every time. how much more if CR's insane rides are already installed?

[LordCarnal]

Originally Posted by rustyboi

yesterday we were at club ultima and there were 4 super-sized tourist buses filled with Indonesians, Koreans and Caucasians scrambling to get inside Crown Regency Tower and the Club Ultima building. accdg to the security guards, they say it happens several times a week.

Some time last week Res there were more than 6 super-sized buses. Some of them have parked at the vicinity of McDonalds already.. Waahhh..

[rustyboi]

so it's indeed true!

Originally Posted by slimer

i agree with the guard. in my random visits to that area, i saw tourist buses parking outside the hotel every time. how much more if CR's insane rides are already installed?

how much more when UR Fuente Tower and UR Prime are finished. it's gonna be one hell of a mega-complex.

[sixinchtower]

Originally Posted by rustyboi

actually, Club Ultima tower has no units for sale. it houses the club facilities, amenities, and hotel rooms too. it's been operational for about 3 years now.

ic. so the only condo in fuente is the fuente tower. claro-claro na. hehe. thanks!

[vatics]

if tourists will keep growing in numbers visiting the hotel and the club, expect that more CU members will be added every day. there are sales people inside the club who are very eager to present the residential condo project, F3. what would be the big surprise? from the way you look how R1 (richard king) handles things, we expect many good changes will be made to the original plan. having a great eye for aethestics and curb appeal, F3 will be more than what you see & expect once finished. of course, mr. king has to invest so much on his first high-rise apartment building to entice more investors on his next real estate venture. good for investors at F3, as well as Ramos and Prime.

[christie]

Originally Posted by slimer

so what's taking them so long @christie? so by the time i will have my christmas vacation this year, there will be another structure added on my photos. cool!

Hi sir I'm sure that you'll get some photos when you return home by xmas.

Anyway, regarding the pace of construction of buldings, in general (not only of the FT3), has been answered courtesy of sir Vatics

Originally Posted by vatics

the basement or foundation is the substructure of the building that takes the longest time to construct than the superstructure (ground level to the topmost floor level).

I am no engineer but I agree that the base of the structure is very critical that's why it takes longer time to get to the superstructure, as you call it. I have seen that tons of concrete have been poured into the substructure everytime I pass by the construction.

Originally Posted by vatics

not only the cost of construction materials is being considered here. you have to deal with the "bureau of customs" for the importation of these construction materials.... and thus the delay. this is beyond the control of the contractors and suppliers if BOC delays this.... delays that.... holds this.... and holds that.... so much for progress ey!

I am not aware of this, thank you for the info sir Vatics I hope this could "relax" others who cannot wait for the delivery of their units..hehe

Originally Posted by slimer

i agree with the guard. in my random visits to that area, i saw tourist buses parking outside the hotel every time. how much more if CR's insane rides are already installed?

Wow this is insane! I've noticed that most tourists that pass by our office are chinese, next are koreans.

Originally Posted by rustyboi

so it's indeed true!



how much more when UR Fuente Tower and UR Prime are finished. it's gonna be one hell of a mega-complex.

Originally Posted by rustyboi

it's been 8 freakin' months.




the progress is awefully slow. they could have reached the ground floor by now.

christie i was wondering if you can have this forum thread printed, show it to your bosses and ask if they can ever get this done? hehehe

ok sir no prob