Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Monday, August 26, 2013

Cash

Cash

For an anecdotal comparison to another condominium corporation, I was given the following information for Corinthian Executive Regency, Inc. which is on the other side of Ortigas.

Cash and Cash Equivalents

 
2009
2010
2011
2012
Soho Central
 3,307,004
 3,787,145
 9,341,452
 ?
Corinthian
 ?
 ?
7,827,339
9,615,107

Soho Central 886 residential units @ 65 pesos per square meter (ppsm) for residential; 26.5 ppsm reduced from 41 further reduced from 65 for three commercial floors by the unelected Board

2009 and 2010
 
2011
 
2012

Corinthian 924 residential units @ 50 ppsm plus VAT for residential; 50 ppsm plus VAT for 24 commercial units
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