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, May 18, 2015

New Rule for Buying: Earthquake fault lines and building

New Rule for Buying:  Earthquake fault lines and building

This rule will be added to the Rules for Buying Condo Units in the Philippines.




This is copied from a post.  Remember the articles a few years ago on liquefaction and the mapping showing areas such as the Fort.  What was done?  Were buildings improved?  Were current buildings retrofitted?  Were there follow-up reports?  Do I need to tell anyone the answers to these questions?

They had better hurry and build more since they knew all this and allowed the building anyway. Build more to make a bigger impact.

You could not have planned a better disaster.

Property values may drop when areas are now known.


"from Mon _______

Heto ang interactive map ng West Valley Fault.
Tignan niyo baka malapit kayo diyan. Kami ay 500 or so meters away.


These are the notable barangays, villages and infrastructure that lie exactly on top or within 500-meter radius from the fault line.

 Southville Montalban
 Kasiglahan Village, Montalban
 Litex Textile Mills, Montalban
 Dulong Bayan 2, San Mateo Rizal
 Santo Nino, San Mateo Rizal
 Bagong Silangan Quezon City
 Sunnyside Heights Subdivision, Quezon City
 Batasan Hills
 Kasiglahan Village
 Tagumpay Elementary School
 San Isidro, Marikina
 Santa Elena Markina
 Loyola Grand Villas
 Ateneo De Manila University
 Barangka
 Industrial Valley
 Blue Ridge
 Libis (Eastwood)
 J.M. Basa Compound
 White Plains, QC
 Valle Verde
 Ugong
 West Rembo
 East Rembo
 Comembo
 Aguho
 Rizal
 Cypress Towers
 Pinagsama
 South Signal Village
 Amkor Anam, Cupang, Muntinlupa
 Alabang Hills
 Bayanan, Muntinlupa
 Lake View Homes 1 and 2, Muntinlupa
 Midland Subdivision
 Gruenville Subdivision
 New Rain Subdivision
 Muntinlupa City Hall
 Sto Nino Village
 Poblacion, Muntinlupa
 SM Muntinlupa
 Park Homes, Tunasan, Muntinlupa
 Villa Carolina, Tunasan, Muntinlupa
 La Marea
 Susana Heights
 Sampaguita Village
 Stonecrest San Pedro Laguna
 Rosario, San Pedro, Laguna
 Juana 3, Binan, Laguna
 Manila Southwoods Golf and Country Club, Binan, Laguna
 San Lazaro Leisure and Business Park, Carmona, Cavite
 Carmona Estates
 Canyon Ranch
 Moderno Homes
 DLSU Science and Technology Complex, Laguna
 Ayala Westgrove Heights
 Richland Hills Phase 1
 Adventist University of the Philippines, Laguna
 Canlubang Golf and Country Club"


Click for the interactive map: http://www.s1expeditions.com/2014/07/158-west-east-valley-fault-line.html

additional storage site for map: https://drive.google.com/file/d/0B3WCiesljdVhVFM5UURSM0RfbWs/view?usp=sharing

Click for the news:

Phivolcs: West Valley Fault ripe for strong quake
http://www.abs-cbnnews.com/nation/metro-manila/05/15/15/phivolcs-west-valley-fault-ripe-strong-quake

Phivolcs chief explains timing of feared 7.2 quake
http://www.philstar.com/nation/2015/05/16/1455406/phivolcs-chief-explains-timing-feared-7.2-quake

Will you be affected by the East, West Valley quake fault? See this atlas
http://www.abs-cbnnews.com/nation/metro-manila/05/18/15/will-you-be-affected-east-west-valley-quake-fault-see-atlas


New maps show Metro Manila's quake danger zones
Disaster officials say the detailed maps of the Valley Fault System will help Metro Manila and surrounding provinces prepare for a 7.2-magnitude earthquake expected within our lifetime
 
 

Sunday, April 12, 2015

Land Title of Soho Central

Land Title of Soho Central

We had been told of a problem in Makati with a property and that we should get what is commonly referred to as the Land Title.  It is in the name of Soho Central Condominium Corporation.  There were no liens discovered.

Turnover was in May/June 2009, right?  Would anyone know why it took until November 7, 2012 for the transfer of title to take place?

Please encourage unit owners you know in other buildings to get a certified true copy of their land titles checking for liens, too, comparing the date of transfer to date of turnover.






Drain Pipe Leak

Drain Pipe Leak

Please check your pipe going into the wall from the drain from the sink in the bathroom.  Is there appearance of rust?  Is there any leaking?  Has this taken place for your unit in the past?  Please let us know.

Our unit on the 35th floor has such a leak.  Why?  It appears to just have started.

Please ask all those you speak with in the building the same questions.  I will post photos of this tomorrow?

Friday, April 10, 2015

Rules for Buying Condo Units in the Philippines

Rules for Buying Condo Units in the Philippines

These are just some of the rules when buying condo units in the Philippines. Please add more in the comments to this post.  The recent land title scheme not being turned over to the condominium corporation with a lien placed on a property causing the building to be worthless in Makati from what I was told is just another lesson learned.

*  Buy and read Armando Ang's book, "Guide to Homeownership."  It was revised in 2009 but is still valuable giving important information and critical opinion.

**  Do not buy if immediate streets around the building flood.

***  Do not buy prebuilt.

****  See seven to nine units in different buildings before deciding.

*****  Get a copy of the By-Laws.

******  Get a copy of the Master Deed.

*******  Who is on the condominium corporation board and who controls the board?  Have there been elections and read Valle Verde vs Africa (Philippines Supreme Court), a decision made after Ang's book was revised?  How did board members obtain each seat?

********  Get copies of the architectural/engineering plans at the city engineer's office of your unit and the floor the unit is on.

*********  Check for columns in the unit and shared balconies.

**********  Measure the unit for square meters.

***********  Get a certified true copy of the land title and check for liens on the property from Registry of Deeds.

************  Have all ads signed by the broker and company officials printing the name and title under the signatures.

************* Verify earthquake fault lines in the area of the building and their distance.  Get a statement from the seller as to the structural integrity of the building.  See the following for additional information notably for Metro Manila - http://sohocentralcondominium.blogspot.com/2015/05/new-rule-for-buying-earthquake-fault.html 

**************  Here is a story to make everyone think very carefully about all the potential problems.  A good friend was told about his friends' purchase in a well-known area that many see as an oasis in Makati.  When they walked into the duplex (2-floor) unit for inspection it was lacking one critical element.  They were told the critical element was optional.  This story was told to others who buy and care for condo units around Metro Manila and they did not believe the story.  I asked him again and he explained in detail what his friends experienced and the gathering they were at with others who almost coughed up their food during dinner being told the story while laughing.

The optional critical element in the highly regarded oasis development with an upscale mall were the stairs.  Yes, you just cannot make this stuff up.  They had to hire someone to put the stairs in afterward.

Tuesday, April 7, 2015

RE: Soho Central Elevators

RE:  Soho Central Elevators


Dear Century Properties Inc. and Greenfield Development and Meridien Development:

When will Soho Central Condominium Corporation be able to have elevators that function and are safe and have been inspected?  We all know of the various stalls, drops, etc. and I have just experienced Passenger Elevator 1 go up never opening on the first stop at the 4th Floor.  All the floor button lights went out as well as the top screen that had only dashes.  The elevator then went to the ground floor and it took a little while for the door to open.

The ads and expectation of buying said elevators were included.  Please explain fully.

Thank you.

The Hills of Greenfield District

The Hills are alive with the look of

 Greenfield District

 
 
What happened to the hills of Maria?
 
 
 
No not her problem, the hills' problem.  The hills seem to have deflated augmentation.
 

Thursday, April 2, 2015

Alternate spaces for the Greenfield District Jeepney Junction

Alternate spaces for the Greenfield District Jeepney Junction

The photos show two spaces on United just a block away from the former station. The first space had been used by jeepneys in the past as a parking facility. That space was just used as a storage site for construction materials for Channel 5's new building.
 
The second photo shows the new entrance to Unilab which would be ideal with the drive up and a long stretch of low volume roadway along the block for all the jeepneys and passengers. 
 
So it would seem the problem has two choices for a solution to the current failed scheme. These are along United at the corner of Sheridan.