BGC | Fort Victoria [49Fx2|50F|res]

[ruralvillage]

Any new info on Fort Victoria by NSJB? The pricing and payment scheme seem to be good. But how about the developer's track record, do you think it can deliver?

[3cr]

Originally Posted by dunamis

I've been reading the papers and New San Jose's project is being advertised for 3 days na and I might say that they added changes to the project. It looks gorgeous na.

I know that this project can be a success. Magandang addition to BGC. Hope someone can scan the rendering in Inquirer and Star of Fort Victoria.

I agree San Jose Builder's Fort Victoria project in BGC has been redesigned for the better and nicely takes advantage of the huge and very prime lot which fronts 5th Avenue too. Checked out the website and was pleasantly surprised with the offering. Should compliment the FilInvest project (lot beside Fairways) well. Mukhang they've read the previous bashing they got here in SSCF and took it to heart. I think Fort Victoria will not be an eye-sore like previously thought but a very good addition to the growing list of BGC projects. San Jose Builders might just really surprise us with this Fort Victoria @ BGC project. For those who may be interested, the website has been reactivated: http://www.thefortvictoria.com/. Excited to see the actual project rendering for this and the FilInvest project as well! Sana nga they end-up blending well with the neighboring buildings/surroundings.


The FilInvest project will be beside Fairways Tower as shown in the pic below...

Originally Posted by tyronne

While San Jose Builder's Victoria Tower will be on this bogger lot (across Pacific Plaza) pictured below...

Originally Posted by TheRick

Is that shang grand part of "the fort victoria" lot?

Really prime lot specially now that PSE looks like closer to this lot...
(Sayang almost 8th BTO location sana... )... Their new rendering looks like RLC's McKinley Residences mixed with Trion Tower... very nice...

Good location deserves a good project...
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From the website map, looks like the Shang showroom will not be part of the future project. If I was looking at plan correctly, I was also pleasantly surprised to see that the project will have quite a vast frontage/driveway at the corner of 5th Avenue and Rizal Drive which should increase its visibility tenfold. They've been using the 23rd St. corner 4th Avenue address for the project and at first thought the project will be fronting the rotunda by Pacific Plaza but now it seems the project will actually be fronting 5th Avenue corner Rizal Drive instead which is a really good move to give the project even higher visibility and foot traffic. Mukhang underground parking din siya and yeah seems like glass and cladding will be used on this one which should enhance the over all look. I am really starting to like this project more and more from what I've seen/read so far. As Dunamis said it's a very much improved version of what was originally proposed. Looking forward to seeing/reading more of San Jose Builder's Fort Victoria @ BGC Project.

[august88boy]

this project is interesting

i wish there were flat units

[-TC-]

Fort Victoria



Features and Amenities



Ground Floor



2nd-3rd Floor: Typical Commercial



4th Floor



5th Floor



Typical Tower A: Main Floor



Typical Tower A: Loft Floor



Typical Tower B and C: Main Floor



Typical Tower B and C: Loft Floor



Typical Combined Unit: Main Floor



Typical Combined Unit: Loft Floor

[ruralvillage]

Looks good! I 'm wondering what type of stores will be in the commercial area. In this part of BGC, is the appreciation value guaranteed? Any thoughts about NSJB's property management history? Or is the Victoria series sort of unique, I mean different from other NSJB's projects?

[3cr]

Of course there are no guarantees in this world but the probability is very good, even great that this area within BGC will appreciate quickly. Why? Because with so many high-end projects lining up 5th Avenue; not to mention being only a few blocks from Boni High Street strip, makes for a very good combination of both location and convenience. 5th Avenue is really evolving into BGC's version of Makati's Ayala Avenue which will surely help in the appreciation of the area and of course the project itself. I think as long as you get to invest in Fort Bonifacio (more so in Global City in particular), you will not go wrong as long as the buying price is right and the project actually gets delivered. Unfortunately I can not tell you much about San Jose Builders' reputation nor feedback on the quality of their higher "Victoria" series projects because I'm not based in Pinas.

[todjikid]

here are the quotations that I got from a broker, I won't let you read her email, you'd only end up confused. Tinagalog ko na lang.

Unit B11 - 25th floor
> Floor Area = 45.08 sq.m.
> Price Php 3,130,200.00
> Downpayment 30% Php 939,060.00
> plus: Misc Fee 30,000.00
> less: Reservation Fee (25,000.00) - first payment
> plus: EVAT 12% 375,624.00
> Net Downpayment 1,319,684.00
> Monthly Installment (60mos.) 21,994.73 - 2nd payment up to 5th year
> Balance 70% Php 2,191,140.00 - payable at the end of 5th year : Cash/thru Financing
> Other Fees:
> Gov. Fee (6.5% of TCP) Php 203,528.00 -payable on the 60th month
>
>
> Unit B12 - 25th floor
> Floor Area = 49.60 sq.m.
> Price Php 3,523,200.00
> Downpayment 30% Php1,056,960.00
> plus: Misc Fee 30,000.00
> less: Reservation Fee (25,000.00) - first payment
> plus: EVAT 12% 422,784.00
> Net Downpayment 1,484,744.00
> Monthly Installment (60mos.) 24,745.73 - 2nd payment up to 5th year
> Balance 70% Php 2,466,240.00 - payable at the end of 5th year Cash/thru Financing
> Other Fee:
> Gov. Fee (6.5% of TCP) Php 229,008.00 -payable on the 60th month
>
>
> Unit C5 - 25th floor
> Floor Area = 51.47 sq.m.
> Price Php 3,648,490.00
> Downpayment 30% Php1,094,547.00
> plus: Misc Fee 30,000.00
> less: Reservation Fee (25,000.00) - first payment
> plus: EVAT 12% 437,818.80
>> Net Downpayment 1,537,365.80
> Monthly Installment (60mos.) 25,622.76 - 2nd payment up to 5th year
> Balance 70% Php 2,553,943.00 - payable at the end of 5th year :
> Cash/thru Financing
> Other Fee:
> Gov Fee (6.5% of TCP) Php 237,151.85 -payable on the 60th month



So what do you think? Its priced similarly to other BGC project.


anyway its a bilevel unit daw...ano to parang loft? She told me its like a house with two floors kaya nga bilevel and different from a loft.

first floor can be around 23sqm then second floor is 26sqm for a 49 sqm unit.

so mas malaki ang second floor sa first.

another thing, its somewhere around 55-58 floors, clearance is 2.5M floor to ceiling daw.

what else did we discuss...

she told me to visit the showroom at timog. I went there but another agent told me that they have not put up a showroom for fort victoria yet. so she kind of wasted my time.

there would be a minimum 16 units per floor, which you have to option to combine.

by the way --- no balcony for all units.

[--SuperB0y--]

at that price, is the unit bare? or finished? ur right, ka presyo na nya or baka mas mahal pa sa other BGC projects. nice location though.

[keypool]

Personally, I don't like bi-levels. A bi-level is different from a loft. Ang loft kasi, a portion of your lower floor still has a high-ceiling. Sa bi-level, wala na since the whole second-floor takes up the entire airspace.

Bi-levels should be cheaper than flats though because you need to go up flight of stairs often.

[satchel]

Originally Posted by todjikid

here are the quotations that I got from a broker, I won't let you read her email, you'd only end up confused. Tinagalog ko na lang.

Unit B11 - 25th floor
> Floor Area = 45.08 sq.m.
> Price Php 3,130,200.00
> Downpayment 30% Php 939,060.00
> plus: Misc Fee 30,000.00
> less: Reservation Fee (25,000.00) - first payment
> plus: EVAT 12% 375,624.00
> Net Downpayment 1,319,684.00
> Monthly Installment (60mos.) 21,994.73 - 2nd payment up to 5th year
> Balance 70% Php 2,191,140.00 - payable at the end of 5th year : Cash/thru Financing
> Other Fees:
> Gov. Fee (6.5% of TCP) Php 203,528.00 -payable on the 60th month
>
>
> Unit B12 - 25th floor
> Floor Area = 49.60 sq.m.
> Price Php 3,523,200.00
> Downpayment 30% Php1,056,960.00
> plus: Misc Fee 30,000.00
> less: Reservation Fee (25,000.00) - first payment
> plus: EVAT 12% 422,784.00
> Net Downpayment 1,484,744.00
> Monthly Installment (60mos.) 24,745.73 - 2nd payment up to 5th year
> Balance 70% Php 2,466,240.00 - payable at the end of 5th year Cash/thru Financing
> Other Fee:
> Gov. Fee (6.5% of TCP) Php 229,008.00 -payable on the 60th month
>
>
> Unit C5 - 25th floor
> Floor Area = 51.47 sq.m.
> Price Php 3,648,490.00
> Downpayment 30% Php1,094,547.00
> plus: Misc Fee 30,000.00
> less: Reservation Fee (25,000.00) - first payment
> plus: EVAT 12% 437,818.80
>> Net Downpayment 1,537,365.80
> Monthly Installment (60mos.) 25,622.76 - 2nd payment up to 5th year
> Balance 70% Php 2,553,943.00 - payable at the end of 5th year :
> Cash/thru Financing
> Other Fee:
> Gov Fee (6.5% of TCP) Php 237,151.85 -payable on the 60th month



So what do you think? Its priced similarly to other BGC project.


anyway its a bilevel unit daw...ano to parang loft? She told me its like a house with two floors kaya nga bilevel and different from a loft.

first floor can be around 23sqm then second floor is 26sqm for a 49 sqm unit.

so mas malaki ang second floor sa first.

another thing, its somewhere around 55-58 floors, clearance is 2.5M floor to ceiling daw.

what else did we discuss...

she told me to visit the showroom at timog. I went there but another agent told me that they have not put up a showroom for fort victoria yet. so she kind of wasted my time.

there would be a minimum 16 units per floor, which you have to option to combine.

by the way --- no balcony for all units.

you should have looked na rin dun sa model unit nila sa victoria towers sa timog or victoria station on edsa near gma-kamuning mrt station. same naman yung floor plan nila for fort victoria, victoria towers, victoria station, etc.

[dunamis]

Well pareho rin ng price ng GW projects. Masyadong steep ata yung downpayment scheme nila. As such with the same money I would rather put it in GW since they have the track record in building affordable condos in a premium development.

[satchel]

Originally Posted by dunamis

Well pareho rin ng price ng GW projects. Masyadong steep ata yung downpayment scheme nila. As such with the same money I would rather put it in GW since they have the track record in building affordable condos in a premium development.

actually, walang downpayment. yung downpayment amount is what you amortize for 60 months. tapos yung balance upon turn-over, pwede i-finance rin.

[satchel]

Originally Posted by ruralvillage

Looks good! I 'm wondering what type of stores will be in the commercial area. In this part of BGC, is the appreciation value guaranteed? Any thoughts about NSJB's property management history? Or is the Victoria series sort of unique, I mean different from other NSJB's projects?

i went to the NSJB sales office dun sa president's tower sa timog. it was poorly maintained. yung isa pa nilang finished condo, francesca tower, medyo hindi rin maganda, and daming exposed pipes running down the exterior wall.

so i raised the issue of property mgt and maintenance with the agent. ang defense, or palusot, depending on how you look at it, niya is that don't compare daw the previous condos with the victoria projects kasi new series daw ito at upgraded daw ang finishes. pero kahit upgraded pa yung finishes, will it be maintained properly?

so i dunno what to make of it. on the one hand, they're banking on past projects to say that, "hey, we have a track record delivering projects so sigurado kang matatayo yung condo." but on the other hand, it's also like you're betting on a first-timer kasi none of the victoria series condos have been delivered yet and no one knows how they will be maintained.

opinyon ko lang naman po.

[todjikid]

the prices quoted above are for bare finish, with their current prices...


12%VAT + 6.5% TCP FEE =18.5% extra fror fees. that's steep.

[august88boy]

mababa ang ceiling 2.5m lang pag bi-level.
i like flat units better than bi-level.
ka-presyo din ng latest G&W (CPR) and costlier than Sapphire and Blue Sapphire.
but definitely "cheaper" than Meg and RLC developments.

if i were to choose between G&W and SanJose............G&W pa rin

[august88boy]

Originally Posted by todjikid

the prices quoted above are for bare finish, with their current prices...


12%VAT + 6.5% TCP FEE =18.5% extra fror fees. that's steep.

dito sila talo ng G&W, walang VAT

[Climax777]

kagagaling lang din ng agents dito,ni review ko maigi ang offer nila.....hmmmp sablay 75%.....wala pa rin tatalo sa G&W

[todjikid]

sayang without the VAT, this would have been a very good alternative to other developers. Kaya lang, ganun talaga...Babaan pa nila ang presyo. Do away with the VAT! hehehe.

[realtor_manila]

I've already seen the model unit of Victoria Towers (at Timog) and the actual unit to be turned over to clients. My first impressions are the low ceiling and the finish of the common area (painted cement).

However, the broker told me that Fort Victoria will be more glassy and will have a higher floor to ceiling height. I'm looking forward on how San Jose Builders will execute this project. I know that there is a desire for the company to "upgrade" the quality of their condo development.

San Jose Builders made its name through low-cost development projects, so hopefully, the Fort Victoria development will "prove" that they can do projects which will cater to the middle market segment . I hope they'll do it right.

[todjikid]

Did you see a scale model? The agent told me they have scale model at TIMOG for Fort Victoria. is 2.5 M high enough for a floor to ceiling clearance?