Linggo, Setyembre 29, 2013

Our goal is to finish Corte Fragata by November 23, 2013 time of Angono Town Fiesta

1151 Eloisa Sampaloc Manila PHL   September 28, 2013



We met with the workers, engineers and funders for the final completion of Corte Fragata.

Some of noteworthy news:

1. The works last week September 22 to 28 amounted to 3% of the total project cost;  that is amazing since that period covered only 6 days;

2.  There are 34 workers at the site and more than half million worth of materials have been purchased and delivered for only one week.

3.  Next week, the electrical materials and more finishing materials for the 6th to 8th floor will be bought;  the 9th floor (topping off portion is in full blast)

4. There was a walk in buyer who is interested at the 4th floor.

5.  There will be t shirts, tarp at the site, and prizes for workers in case the project % are met on certain dates.

Some refreshments and food were served to the workers at the end of the meeting

Congratulations to Sir Frank and his team for job well done

Biyernes, Setyembre 27, 2013

Wowing them with Corte Fragata website

When we were securing additional funding for the speedier financing of this condo project, all we had to do was to give them the website and the link.  And we were able to wow them instantly.  A website, blogsite gives the project instant recognition and credibility.  But of course, the track record of the one who leads the project, the ability to keep up with the promises on time builds the credit and the trust of the various stake holders. 

And we are happy that we have that trust and confidence.  That we can deliver and we can keep our promises

Growing interest on Corte Fragata

We are very much elated with the growing interest at Corte Fragata.  This site is very much visited, the slideshare presentation has many views.

We all ready made posts at Sulit and there has been a number of visits and a lot of telephone inquiries have been made at the telephone number we provided.

A number of bulk buyers and resellers have made inquiries too. 

The buyer of a certain floor has signified that she will be buy the two other units on her floor.  We have a prospect on the 5th floor.

Faster pace of finishing work at Corte Fragata

This new management team that took over the finishing work at Corte Fragata undertook the following:

1.  Had an extension of the construction moratorium with the major bank for the next 3 months;

2.  Obtained additional funding, 2 million for the finishing works;

3.  Purchased the bulk of materials for finishing of the following 5th to 8th floor, safety, and the 9th floor. (topping off)

4.  Establishment of house rules and procedures,  facilitating the logistics and supply chain

The 10 weeks finishing period might take lesser time.

The ruffled feathers among the memebers of the construction team has been smoothed out and smooth sailing for the completion is expected.  Tomorrow, we have the construction meeting and we celebrate 3% accomplishment for the week.

Biyernes, Setyembre 20, 2013

Corte Fragata sales policies

Sales policies

1.  Product  -  one unit of condo unit, located at 1151 Eloisa, Sampaloc Manila.  Bare with floor and bathroom tiles and fittings, with cabinets:  kitchen and toilet.

2.  Price  -  Selling price of P2,450,000.00

   1.   Discounts:  (negotiable)

    Spot cash  - 
     30 days cash   -

     60 days cash  - 

     Discounts may be given in total as cash discount and or gifts. (Thus a 7% discount may be 5% cash discount and 2% may be in the form of additional works on the unit or appliances.

     2.  Terms:

          1.  Reservations:    P20,000 only which is good for 60 days, forfeitable or consumable as one month rent if the customer backs out

         2.  Downpayment:  30% of the P2,450,000.00 balance maybe payable in  __ months without interest:

             6 months:     122,500

             12 months :     61, 250

       3.  In house financing:   5 years to pay P41,445 per month

       4.  Bank financing:  upon submission of bank documents and approval, the MA shall be (courtesy of BDO as of September 20, 2013

       For balance of Pl, 715,000.00

       10 years to pay   - 22,664.00

       15 years to pay  -  19, 763.00




2  Placement;

Agents/brokers are welcome.  However they are to be accredited upon submission of proper credentials and tract record (after verification and investigation:
  
  1.  Referral fees:    A referral fee shall be given to anyone who can refer a sale.  The referral fee shall be paid upon completion  of the sales.  It shall be 0.025% of the net sales or approximately P10,000
  
  2.  Commission  :
          Accredited agents:    3% of net sales
         Accredited brokers with REBL/PRC -  5% of net sales.
  3.  Payment of commission:
        Commission shall be paid outright upon:
        1.  Completion of downpayment
        2.  Signing of the contract to sell;
     

 In no case shall payment of commission be made with partial payments of downpayment
Sent to the owners and approved 9/192013  10:32 text message to +9228730181

3.  Cash discount -  inquire from Marketing Coordinator -  Ruby Singco  +639053727946

4. Bulk discount -  negotiable with owners.  Call:  +632 523 8128

Classic Google Map on Eloisa


View Larger Map

Biyernes, Setyembre 13, 2013

Direction from Google Map from UST to Eloisa

Direction for walking from UST to Eloisa:


Google Map Directions for walking from UST to Eloisa




Topping off, finishing being finalized for Corte Fragata Eloisa

The husband of the owner arrived two weeks ago and has been helping his wife ever since to make sure that Corte Fragata Eloisa is finished completely as promised and as per customer specifications

       Romeo Jumaca the project supervisor and the principal of the project - he just arrived from USA


                               They have been meeting almost daily to work out the details


             One of the cousins of the project proponent, a real estate developer advising/helping out finish the project

Corte Fragata Eloisa makes for a great investment

Before we thought that rental of P20,000 for a 20 sm condo unit in University belt is outrageous, and that 2M plus purchase price would not do.  But with such great number of people wanting to be professionals from education at UST, demand for dormitories and accommodations has skyrocketed, and so with the price.

Those who initially bought from the project:   Corte Fragata Eloisa want to buy more. Because they can rent out at P20,000 per unit which makes for l00 months recovery period or 9 years.  That translates to 8% ROI (using rule of 72)  Can you beat that as a safe investment.  Bank investment (CTD) pays out measly 1%  (72 years Return of Investment)

We urged those who want to reserve to do so now.   The construction/finishing will resume full blast on Monday September l6, 2013

Link to Sulit; marketing of Corte Fragata Eloisa on fire!

There is an ad for Corte Fragata Eloisa at Sulit which we just found and published only two days ago. It must have been from the current marketing coordinators and agents who have been acredited. The contractor got the site address for the other agents to visit and refer their buyers to.

There has been a great response the the website and visit to the actual project site and this makes the marketing and owner very glad on these developments.

Corte Fragat Eloisa at Sulit.com

All go for Corte Fragata Eloisa

The contractor, the owner met last night at the site to firm up plans to finish the project before the year ends.  The items of work that need completion are:  electrical, 7th and 8th floor finishing, glazing, topping off, wrap around and security.  With a little bit of money and marketing, it is all go.

Last night, boarders/lessors trooped/walked  to the site, the first time I ever saw such large number of visitors.

The buyer of first two units wants to buy the entire floor.  She wants to buy the two remaining units on the floor. She makes good money renting the units to students at UST.   I understand those who rent from her are law students.

Corte Fragata Eloisa is only 400 meters from the UST main building.

Linggo, Setyembre 8, 2013

Magnificent view of sunset from the 9th floor of Corte Fragata

Eloisa 1151    September 7, 2013

I went up the 9th floor of Corte Fragata and took this breathtaking sunset



Welcome to Corte Fragata at 1151 Eloisa, Sampaloc Manila; your home near UST, away from home



Corte Fragata is a cute 9 storey condominum that is about to be completed this year that caters to UST students who want convenience and homey  atmosphere.

It is located at 1151 Eloisa.  There are 9 units available for leasing and 15 units available for sale.  Construction is expected to be completed in December.

There is a restaurant at the groundfloor;  the second floor is now occupied by the children of  the owner.

There are four units to a floor;  each one measuring 22 square meters.  Two units have been sold and several have been leased to students enrolled at UST.

For sales inquiries, please contact


Email:     clinicmiranda@yahoo.com

                kurtfragata@gmail.com

Tel:       + 632 651 3675
              

                                   Kitchen of finished unit


                                Entrance to the restaurant


                                      The restaurant kitchen

                                A finshed unit


                                 Tile works and painting of units ready for sale