QUICK FACTS & FIGURE

FERNVALE LIVING & LEISURE SUBDIVISION

QUICK FACTS & FIGURES

PROJECT LOCATION:

1.    The project address is National Highway, Barangay Poblacion 6, Coron, Palawan.

2.    It is fronting the National Highway, 4 kilometers from the main urban center of Coron, 18 kilometers from the airport, and 5 kilometers from the seaport.

PROJECT CONCEPT:

1.    Project Concept: Residential Leisure Community

2.    Architectural Theme:  Modern Asian

3.    Total Project Area:                                                                                    Land Area                               Horizontal Devt Status          

a.    Phase 1: Residential Subdivision              15.5 hectares              95% done

b.    Phase 2: Front Mixed Uses Zone             6.0 hectares                60% done

c.    Phase 3: Fern Sea                                                            6.0 hectares                5% done

d.    Phase 4: Fern View                                                          3.5 hectares                Not yet started

4.    Phase 1 will have individual lots where only single detached residential villas are allowed. Each lot is fronting a wide tree-lined street with paver sidewalk and a green margin with flowering plants. Every lot will be connected to underground utilities including water, electricity, future communication lines including phone and cable TV.

a.    Number of saleable residential lots 351

b.    Centre Park with landscaping, seats, gazebos, ponds, and other park elements in the middle of the residential area.

c.    Riverbank Promenade, a 700-meter linear park along Dipulao River at the back of Fernvale. It will have beautiful park elements. It is designed for leisurely afternoon promenades. It will also have ramps, steps, and small coves that provide access to the river. Residents can reach the sea by way of kayaks and the like.

5.    Phase 2 will be the commercial zone beside the national highway. It is envisioned to have the following elements:

a.    Fernvale Terminal – a small multi-modal land transportation terminal along the national highway

b.    The Esplanade – a pedestrian street bisecting the zone, to be lined with shops, restaurants, bars, and entertainment establishments on both sides

c.    Museum of Calamian History and Culture – to showcase the history and culture of the Calamian Group of Islands, of which Coron is part, and its peoples

d.    Market Square – a supermart with a clean wet market underneath

e.    School Site –a pre-school for the children of Fernvale residents and the area

f.     Fernvale Condo Hotel – a hotel consisting of condo units. Buyers have the option to make their condo unit earn money by joining it to the hotel operation only whenever they opt to.

g.    MotoristsCenter – a gas and service station offering a full range of services to motorists.

h.    Fernvale Leisure Club and Fernvale Sports Club

i.      A future convention center

6.    Phase 3 will be the waterfront area south of Phase 1. This will be on our newly acquired land along Dipulao River, extending from Phase 1 toward the sea. More land are slated to be acquired to expand this program. This phase will enhance Fernvale’s access to the sea with the following features:

a.    A small Fernvale Marina with a waterfront dock, boat ramp, boathouse with maintenance services.

b.    A pavilion with a bar, restaurant, store, lounge areas, terraces, and other guest facilities.

c.    There will be a linear park along the riverbank extending from the west end of Riverbank Promenade to Fernvale Marina.

d.    Space will be allocated for residential units.

e.    Space will also be allocated for future hotel and resort development.

PROJECT PROPONENTS:

1.    The developers and landowners of Phase 1 are Spouses Jesus Vicente D. Fernandez and Maria Luisa M. Fernandez.

2.    The developer and landowner of Phases 2 to 4 will be Fernvale Living and Leisure Development Corp.

PROJECT FINANCING:

1.    The project is and will be financed entirely with the developers’ and investors’ funds.

2.    The project itself is free of any debt.

PHASE I PROJECT INFRASTRUCTURE:

1.    All roads are concreted with gutter and curb on both sides.

2.    There is a green margin on both sides of every road, planted with trees and flowering plants.

3.    There is a sidewalk on both sides of every road, made of concrete pavers.

4.    Road widths are as follows:

a.    Road type                                                 Road lot                       Carriageway   Sidewalk               Green margin

b.    Main road at entrance                   24 meters                    14 meters                    2 meters                      2 meters

c.    Main road segment 1                    20 meters                    13 meters                    2 meters                      1.5 meters

d.    Main road segment 2                    20 meters                    11 meters                    2 meters                      2.5 meters

e.    Main road segment 3                    20 meters                    9 meters                      2 meters                      3.5 meters

f.     Secondary roads                          12 meters                    7 meters                      1.2 meters                   1.3 meters

5.    The drainage system is built to handle maximum sustained rains.

a.    Total length is about 8 kilometers, using up 8,000 culverts

b.    Fully underground

c.    Every road has drainage line on both sides under the sidewalk

d.    440 curb drains

e.    220 catch basins

f.     4 outfalls

g.    30cm to 120cm culver inside diameter

6.    Water supply will be available for every lot.

a.    Piping will be fully underground.

b.    Every lot will have a water connection and metering point.

c.    There will be an elevated tank for consistent water pressure.

d.    There will be a large storage tank for reliable supply.

e.    Main water supplierisCalamian Rural Waterworks and Sanitation Association Inc.

f.     The water distributor will be developer.

g.    There will be a deep well to augment to ensure steady supply of water.

7.    Power supply will be provided by the local power company.

DEVELOPMENT PROGRESS AND TIMETABLE:

1.    Phase 1 is 90% complete                         Target completion is end of 2014

2.    Phase 2 is 50% complete.                        Target completion is end of 2015 (common areas only)

3.    Phase 3 progress is 5%.                           Target completion is end 2016

4.    Phase 4 is not yet started.                        Target completion is end of 2018

5.    Every lot already has an individual title.

a.    The Deed of Restrictions is annotated on every lot tile.

b.    All the lot titles are clean, with no liens or mortgages.

c.    The buyer can mortgage the lot title to finance their lot purchase.

THE THREE CLUBS OF FERNVALE:

1.    Fernvale will have 3 clubs for the use of residents:

a.    Fernvale Leisure Club

b.    Fernvale Sports Club

c.    Fernvale Boat Club

2.    Fernvale Leisure Club, located in Phase 2, is already complete and will be opening soon. It has the following features:

a.    A large clubhouse with 2 entrances, long elevated terrace, and several serviced function halls of different sizes that can accommodate up to 400 guests

b.    Big lower swimming pool 40 meters long with wading area, diving area, sitting bays with immersed benches, islands, wading area, and a beverage and snack bar with stools right in the pool.

c.    An upper swimming pool 30 meters long with fountains, bays, a bubble bay with long bench, and 2 romantic arch bridges

d.    Children’s pool surrounded by fountains and a large center fountain

e.    Infinity edges on all pools

f.     Tiles decks meandering around the lower pool

g.    A winding “pebble beach” along the upper pool

h.    A large waterfall, 2 meters high, from the upper to the lower pool, with a nicely designed edge for laminar water flow

i.      Alfresco restaurant on white pebbles with a beach umbrella at every table

j.      Many terraces and sitting areas of different sizes at different elevations

k.    Lush gardens with gazebo, tiled paths, and capiz lamps

l.      Ample toilet, shower, dressing, and locker facilities

m.   Several roofed pavilions

n.    Wishing well in its own pavilion

o.    Beverage par with stools on white pebbles area

p.    Outdoor grill

q.    Zen Garden with turtle pond in the middle

r.     Orator’s Garden with a small stage for small outdoor performances

s.     Western terrace overlooking the children’s playground

t.      Children’s playground (facilities still to be installed)

u.    Backup generator 75kVA with automatic transfer switch

v.    Leasable spaces for village amenities

w.   Ample parking space

3.    Fernvale Sports Club will be located on Phase 2 also. Target completion date is midyear of 2014. It will have the following features:

a.    Clubhouse with lounge, restaurant, and bar

b.    2 tennis counts

c.    1 badminton court

d.    1 volleyball court

e.    1 beach volleyball court

f.     Indoor gym

g.    Covered basketball court

h.    Lush plantings

i.      Complete service facilities

j.      Ample parking space

4.    Fernvale Boat Club will be on the waterfront in Phase 3. Its target completion date is end 2016. It will have the following features:

a.    Clubhouse building with entrance, lounge, dining and bar facility, convenience and souvenir store, and terrace overlooking the boats

b.    A boathouse wing connected to the clubhouse building with dive shop, and boat shop

c.    Wharves and moorage for non-commercial pleasure boats

d.    Boat servicing and refueling facility

e.    There is an option to build a small hotel to be part of this club.

CONDOMINIUM HOTEL:

1.    The area around the Fernvale Leisure Club will be developed into a low-rise residential condominium project with hotel operation.

2.    It will have several buildings that will be built in phases.

3.    It will have direct access to the Fernvale Leisure Club.

4.    Unit buyers will have free membership in the Fernvale Leisure Club.

5.    Unit buyers have option to assign their unit to the hotel operation whenever they are not using it.

6.    Every unit will have sweeping views of the club ground or the surrounding mountains and landscape.

7.    There will be a landscaped promenade running along all the building and connected by bridges between the buildings.

8.    Development is targeted to start in 2015.