Linggo, Hulyo 5, 2015

Corte Fragata is a gold mine for investor

There were two investor Doctors whom I talked to in a couple of months regarding Corte Fragata.

The first one is a well known cosmetic surgeon, a business partner who happened to be forming a group for his Centuria group practice. I told him a cousin who is gyne surg who jsut trained in the US for gyne surg wants to sell her condominium project  near UST because of her financial difficulties.  He said " Dont sell"  It is a gold mine.  I do not know what happened to their business deal to put gyne cosmetic surgery (for the down below beauty surgery)

Last Friday, I met an IM doctor whose sideline (passive income) is about rental properties.  He owns several condo units near Dapitan 18 sm whose rents are l4t to 16t per month.  And when I told him about the same story, he said, the same stuff.  "Dont sell"  It is a gold mine.

Many students and professionals are looking always for a place to stay especially near UST, FEU and along Dapitan.

Investors for rental property, consider Corte Fragata, that is if we can convince the owner to sell. If she is in selling mood still

Coirte Fragata almost Fully Booked for the opening of classes

I was told by the owner that Corte Fragata is fully booked for the opening of the school year. Only the Penthouse is not.  The elevator is almost done and some negotiation is still taking place with Meraclo Espana branch for the regular electrical installation.

The success of the Corte Fragata is a far cry from the situation about a year ago when the owner was contemplating on selling the whole building.

Congratulations Dra.  

Miyerkules, Mayo 7, 2014

Commission rate for bringing in leases

Condominium dorm for growing Tamaraws and Tigers

The good owner of the Corte Fragata has agreed to the granting of commissions those who can bring in lesseses which are as follows:

We talked about the following today on the time mentioned:

1.  Rental issues/commission

2.  Sales and marketing of Corte Fragata

3.  Offers to various parties

4.  The gynecology and cosmetic center study


1. On the rental:
    1.  The rent is P16t to 18t we are not lowering this further because of the condition of the finish and the much wider spaces/area of the Corte Fragata units

     1  1.  As with regards to the intent to rent by Dr Lim, it is suggested that he contact Dra Gracialyn directly

      1. 2.   As for the icepick victim, the rental amount must be settled and make a deposit first before moving in as is the standard practice.  Dra shall not lend smoney to the prospective lessor
      1.3.   As for Joshua, no deal if there is no firm commitment, despite his numerous requests.

     1. 4  Lease commission

         JUS proposed a commission for leases  in the f ollowing schedule:

        1 month for lease of 2 years or more

        1/2 month of the lease for lease contract from 13 months to 23 months

        1/4 month of the lease for leases of 3 months to 11 months

       Payable as follows:

      50% upon signing, payment of the deposits and moving in

      50% on the second month stay of the lessor


The good owner agreed.


2.  Sale and marketing:

     1.  JUS shall upgrade the blog and FB pages;  Dra shall send him pics

     2.  Offers proposals shall be sent to:

          1.  Dr. Edgar Lim

          2.  Jessie Cruz

          3.  client of Nor Lising

   3.  Ms Nida Tolentino, whom JUS knows can be accredited as a marketing channel provided:

        1.  She submits requirements; 

        2.  Commission rate:   3% for the first unit.

            5% for subsequent units:  provided:

            1. she conducts her own promos:  leafletting fb, tarps

            2.  trippings and use of social media

            3. a trained representative staff at the site

Lunes, Mayo 5, 2014

Very marketable appearance of Corte Fragata

Condominium dorm for growing Tamaraws and Tigers

                              View from  the newly installed glass curtain of Corte Fragata

For all intents and purposes, Corte Fragata is now saleable.  Some fixings are needed here and there.  Cleaning and maintenance are to be given assistance.  A lot has improved since December.

Call  for tripping and reserve now:   Call +632 651 3675


                                       The restaurant at GF



                                        2F Units


                               2F common kitchen


                                   The now finished stairs and handrails


                                   Great color combination

Sabado, Mayo 3, 2014

Corte Fragata's status and appearance now is something we in management can be proud of

Condominium dorm for growing Tamaraws and Tigers



This site author has not made any post since December 19 2013.  We resumed posting only this May 1, 2014 upon the urging of the owner.

From the pictures sent us, and from the descriptions and stories we have gathered, the Corte Fragata is nice beautifunl and something we should be proud of and is rewarding enough for the efforts, countless meeting, heartaches and troubles to see to it that the condo is finished and completed and lsatisfactory to the would be buyers.

Biyernes, Mayo 2, 2014

We now have a URL for FB fan page for Corte Fragata Eloisa

Condominium dorm for growing Tamaraws and Tigers


 The glass curtain wall, the repainting is over.  All that is to be done is to remove the scaffolding

It is more convenient and easier to access and remember our Corte Fragata Eloisa Fan Page

Here is the url:    https://www.facebook.com/cortegragataeloisa

Unit 3D for rent - please like it, rent it now

Condominium dorm for growing Tamaraws and Tigers



Latest pictures of interior of Fragata fully designed units from FB fan page

Condominium dorm for growing Tamaraws and Tigers


This site, the pages, the FB fan page are well visited; only more sales execs and push are needed to sell more

Condominium dorm for growing Tamaraws and Tigers

Angono Rizal Philippines  | May 2 2014

Thousands have visited this site and navigated the pages and the posts as well as the FB fan page for Corte Fragata Eloisa.  The stats number into thousands.  At the actual site, hundreds have trekked to the  inner sanctum of the condo.

Why are there limited number of sales?

We need sales execs who will push hard and be passionate about this product.  We have several but notably the passion, the dedication must be ramped up.  And since this is a numbers game, we have to add more sales executive.

Huwebes, Mayo 1, 2014

Proposed leasing rates for dorm occupants; are these very competitive?

Condominium dorm for growing Tamaraws and Tigers

Rizal  Philippines   | May 1, 2014.

The owner and this office rationalized the leasingl rates for for the Corte Fragata condominium dorm

This office tried to propose leasing rates that are competitive in the market now

8/F     -    P12.5t

7/F     -      l3.0 t

Corte Fragata is drawing in a lot site and FB visitors and at the site

Condominium dorm for growing Tamaraws and Tigers

Rizal Philippines

The glass facade of the Corte Fragata Condiminium Dorm is now finished and for all intents and purposes it is ready to accept occupants.  

There are many inquiries and there are many visitors at the site.  Many are students and some are families wanting a place to stay.  The trouble now is how to standardize the rental rate.

Huwebes, Disyembre 19, 2013

Our proposed positioning: Condominium dorm for growing Tamaraws and Tigers

Condominium dorm for growing Tamaraws and Tigers

This is the proposed positioning and MVP for the Corte Fragata Eloisa condominium

Status of Finishing Work at Corte Fragata

Home for Tamaraws and Growling Tigers

1151 Eloisa, Sampaloc, Manila Philippines  |  December 19, 2013

It is 6 days before Christmas.  We had our construction progress meeting last  December l7, 2013 with the owner and the project engineer.  All the materials have been purchased, and only expenses will be the labor.   The roofing will have to be installed, all the floors will have to be 5s;  there will be less dirt and disorderliness when the materials transport is finished.

By next week, all floors until the 5th will have been presentable to buyers.  It is time to focus on the marketing.  As of now, from the external, to the buyers, nothing looks to have changed

The positioning that looks relevant to the users now is that of "condominium dormitory for UST and FEU students"

Corte Fragata Almost 98% finished

Home for Tamaraws and Growling Tigers

1151 Eloisa, Sampaloc, Manila Philippines  |  December 19, 2013

It is 6 days before Christmas.  We had our construction progress meeting last  December l7, 2013 with the owner and the project engineer.  All the materials have been purchased, and only expenses will be the labor.   The roofing will have to be installed, all the floors will have to be 5s;  there will be less dirt and disorderliness when the materials transport is finished.

By next week, all floors until the 5th will have been presentable to buyers.  It is time to focus on the marketing.  As of now, from the external, to the buyers, nothing looks to have changed

The positioning that looks relevant to the users now is that of "condominium dormitory for UST and FEU students"

Biyernes, Nobyembre 1, 2013

Prices of Corte Fragata are competitive - very competitive for nearly finished project

I sat next of a property consultant of Picar and they sell among other projects condo project near Makati Av (A venue) and she told me that the average selling price of their projects is P3 m for a 26 sm studio.  That is way way ahead of the 22 sm for P2.6 million of Corte Fragata considering that their price is pre selling price

Come and visit Corte Fragata soon. 

Linggo, Oktubre 13, 2013

Pictures of the development

A staggering P700t worth of materials has been spent on the 9th floor and much is very visible and which contributed to the 4% weighted development of the project.  This excludes about the P400t which has been spent on labor (but much of that is on finishing)

                                      Wall near the stair from 8th floor



                                           Steelworks for the beam

                                 Ingenious formworks

                                   Many columns are up

                                         See the invented clamps



                      Concrete ledges in lieu of polycarbonate for shade and sunlight protection

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.