SUBIC | Subic Ampelos Towers [multi-tower|17F|res|app]

[Jety]

wow this looks really nice.. lets hope this one pushes through

[_zner_]

the rendering looks nice!

[Goku_25]

WOW! Gumaganda na talaga ang Subic....

[in_a_rush]

Subic welcomes more investors in hotels, condominiums and leisure facilities


A number of property developers and other investors are rushing to construct hotels, condominiums and other tourism and leisure facilities at the Subic Bay Freeport in Zambales, according to the Subic Bay Metropolitan Authority (SBMA).

The investors, who recently signed contracts with the SBMA, include Global Dongsan Phils. Inc., which is spending $ 1.1 million for a commercial building; Cook Group and Pacific Associates, with $ 1.4 million to build camping and recreational facilities, and Buma Subic, with $ 36,585 for a restaurant venture.

The SBMA said the rest of the new investors are into manufacturing, logistics and services, and others.

Subic Daesung Corp. committed $ 15 million to engage in the construction and operation of mixed-use commercial buildings that include a condominium-hotel, restaurant and retail shop.

On the other hand, Subic Enerzone Corp., operator of the power distribution system in the area, will also construct hotels and condominiums.

Several existing business locators have also amended their contracts to expand into construction and property development.

These include GVC Subic Corp., a former computer parts manufacturer which will now develop, subdivide, exchange, lease and hold real estate of all kinds at the Subic Bay Gateway Park; and Maritan Subic Inc. which has expanded into constructing, developing, and operating commercial buildings.

Other investors include the 7-Tower Properties and Management Consultants which has committed $ 125,000 for a real-estate management venture; Hanil E&C Subic Inc. which is putting up $ 11 million to engage in the design, planning, construction and development of medium to high-rise commercial residential buildings.

SBMA officials said Hanil, a Korean firm, will construct the $ 130 million Subic Ampelos Tower of the Korean property developer KT Global Subic Inc.

The Ampelos Tower, which is planned to be a 17-storey, state-of-the-art condominium-hotel complex, will be Subic’s second high-rise next to Hanjin’s 22-storey edifice at the the Cubi-Triboa District.
The Global Terminals and Development Inc., which is developing the Alava Pier as a passenger terminal, has gained approval by the SBMA to develop a two-storey commercial building and 10 Bali-inspired villa-type hotel units at Subic’s former Ship Repair Facility area.

[david_skywalker]

terrible project... i think its gonna spoil the charm of subic.

[chuck23]

Maganda to pagtapos na view from the sea/yacht..

[ericlucky290]

Originally Posted by lightsaber46

may hot air balloon contest dyan sa february..post naman ng pics nun

Hot Air Balloon festival is in Clark on Feb. 12-15

[draobyek]

Is there any update regarding the construction progress? They said "AMPELOS NO-TOWER", I was at their showroom a couple of years ago and haven't seen any update. Someone please post pictures, that'll be greatly appreciated. Thanks!

[NOVO ECIJANO]

Korean firm to complete Subic condo in ’10
SUBIC FREE PORT — Korean leisure property developer KT Global announced yesterday that the first high-rise condominiums to be constructed here would soon be completed following over $135 million in investments.

KT Global President Hong Shik Kim said the firm’s "vision" of a high-rise residential and commercial complex inside the free port zone will be realized with the completion of the Ampelos Tower by next year.

"Ampelos Tower is set to change the landscape of Subic," he said.

The project is composed of five 17-storey residential and commercial condominiums at the heart of the Subic’s commercial business district.

Located on a 14,000-square-meter lot inside the Subic Commercial Light and Industrial Park, Ampelos Tower offers scenic view of Subic Bay, amid one of the last few remaining triple canopy woodlands in the country.

Mr. Kim said the project, with its 490 residential and 220 "condotel" units as well as commercial spaces, would boost tourism in the region.

Mr. Kim said almost 50% of residential units have already been sold, mostly to foreign retirees, in a preselling marketing scheme. The remaining units are still available for sale to local clients and foreign investors.

Ampelos spokeswoman Jasmin Repasa said the project would be banking on the free port status of Subic, which offers various incentives and tax and duty-free privileges.

The Ampelos Tower will have amenities such as conference rooms as well as a recreation center with a spa, massage clinics, swimming pool, sports facilities, and gift shops.

"Our company is dedicated to provide a hassle-free living environment where clients can enjoy all of the benefits of safe, clean, attractive, and inviting facilities," Mr. Kim said.

"Unlike many other condo projects that are solely concerned with profit generation, our primary objective is to maintain the highest achievable level of customer satisfaction," he assured.

The Ampelos Tower project will need 100 employees in initial operations.

The Korean firm will augment the work force by another 100 in two years, executives said. — Rey Garcia

http://http://www.bworld.com.ph/BW10...ent.php?id=046

[AKI]

wala pa bang update?.. 2 years ago this tower is already a plan. Babalik na naman ako sa subic,wala pa din yatang naitatayo.

[LorenM4703]

Investors beware this project is considerably behind schedule and the company (KT Global) is trying to squeeze unit purchasers. The original group of developers appears to have become insolvent and several groups of developers seem to have come and gone now. Also the orginal construction comapny has pulled out of the project too.
The newest developers try to squeeze payments out of the unit purchasers but are making little or no progress on the project.
Since the project developers fell on bad times I think any money they collect or any units they presale is simply fraud with no intent to complete the project. Talking to to Korean developers is impossible.
These guys stole about $100,000.00 from me don't let it happen to you.
Warning.

[rubix_cube321]

thats bad... more people should know this.

[dzalamed]

I was in SBMA Subic last October 2008 and I went through the Tower model & almost made a deposit for one unit that the construction suppose to start on Nov of 2008. For some fortunate reason I failed to make a deposit.
Can somebody give me an update what was the outcome of this project? Thanks

[jur090809]

Originally Posted by LorenM4703

Investors beware this project is considerably behind schedule and the company (KT Global) is trying to squeeze unit purchasers. The original group of developers appears to have become insolvent and several groups of developers seem to have come and gone now. Also the orginal construction comapny has pulled out of the project too.
The newest developers try to squeeze payments out of the unit purchasers but are making little or no progress on the project.
Since the project developers fell on bad times I think any money they collect or any units they presale is simply fraud with no intent to complete the project. Talking to to Korean developers is impossible.
These guys stole about $100,000.00 from me don't let it happen to you.
Warning.

hi. there is no way the Ampelos Project is a fraud. the project is still firm and it has no intention of extorting money.

[pinoy_arkitek]

it's a scam. i was the original architect-of-record. they could not pay me anymore, so i pulled out my permit plans from sbma. worst thing that happened to my professional career.

[acerkraig]

I heard that a big project inside SUBiC is on the drawing tables right now, possibly by Ayala Land Inc. or its construction arm Makati Development Corp,,,Anybody got news which project it is?

[InformaticIAN]

Originally Posted by pinoy_arkitek

it's a scam. i was the original architect-of-record. they could not pay me anymore, so i pulled out my permit plans from sbma. worst thing that happened to my professional career.

weh? d nga? this is a Korean based project, i dont think kukuha sila ng pinoy architect to work for the project tapos hindi nila babayaran? do architects need permit plans?

Originally Posted by acerkraig

I heard that a big project inside SUBiC is on the drawing tables right now, possibly by Ayala Land Inc. or its construction arm Makati Development Corp,,,Anybody got news which project it is?

it might not be the Subic Ampelos, kasi nde naman sya Filipino Company, Subic Ampelos is a project of KT Global a Korean-based company.


i did a research about Subic Ampelos, since i myself was frustrated about this, sayang kung hindi matutuloy. but as i searched the web i just found this:







http://www.subicampelos.net/eng/index.asp

just still have no news as of 2010

[InformaticIAN]

Originally Posted by LorenM4703

Investors beware this project is considerably behind schedule and the company (KT Global) is trying to squeeze unit purchasers. The original group of developers appears to have become insolvent and several groups of developers seem to have come and gone now. Also the orginal construction comapny has pulled out of the project too.
The newest developers try to squeeze payments out of the unit purchasers but are making little or no progress on the project.
Since the project developers fell on bad times I think any money they collect or any units they presale is simply fraud with no intent to complete the project. Talking to to Korean developers is impossible.
These guys stole about $100,000.00 from me don't let it happen to you.
Warning.

as i read some articles, 50% already out as of pre-selling stage. meaning yung construction hindi pa natutuloy?

[pinoy_arkitek]

Originally Posted by InformaticIAN

weh? d nga? this is a Korean based project, i dont think kukuha sila ng pinoy architect to work for the project tapos hindi nila babayaran? do architects need permit plans?



it might not be the Subic Ampelos, kasi nde naman sya Filipino Company, Subic Ampelos is a project of KT Global a Korean-based company.

The Korean design consultants cannot practice architecture in the Philippines, so they tapped me to do the DD and CD drawings.

[img=http://img229.imagevenue.com/loc22/th_96362_Subic_Site_and_Showroom_014a_122_22lo.jpg]

There's Mr. Harrison Kim, CEO of KT Global Subic [leftmost] and me [rightmost] during one of our coordination meetings.

[uzzybabe]

sarado na ata yung showroom nito....muka nga fraud...