$3-M condo by Korean firm to rise in Subic Freeport
SUBIC BAY FREEPORT - A 17-story condominium, the first high-rise building ever to be built in this premier Freeport, will soon be constructed by a Korean developer infusing a committed investment worth $3 million.
KT Global Subic Inc. is a company that will engage in the development, management and operation of real estate such as a 17-story condominium and hotel complex called the Subic Ampelos Tower.
“KT Global Subic Inc. is the tenth biggest committed investment among the approved projects in 2006. It will be the first high-rise building, which is 17 stories high, that we will ever have in the Subic Bay Freeport,” Subic Bay Metropolitan Authority (SBMA) administrator Armand Arreza said.
With its main office based in Korea, KT Construction Co., Ltd., which was named after its founder Kim Tae-Kyung, is engaged in real estate development and operation of condominiums, hotels and other related activities.
According to KT Global Subic Inc. president Hong Shik Kim, because of the company’s potential of expanding its horizons, it has eyed the Subic Bay Freeport to become its partner in the construction of high-rise buildings carrying the philosophy of customer satisfaction by providing high-quality, comfortable units and offer state-of-the-art living conditions.
The projectm, he said, is reflective of the rapid advancements in technology and a growing need for quality housing, hotel rooms and other amenities that will meet unmatched levels of customer satisfaction.
The Ampelos Tower will offer attractive and inviting amenities such as conference rooms that are ideal for formal and non-formal gatherings and gift shops. There will also be a recreation place with spas, massage clinics, swimming pools and sports facilities.
The rest of the building, will be the apartelle itself offering 36 high quality, comfortable household units on each floor. Each unit will offer balance safety, cutting edge features, positive atmosphere and state-of-the-art living conditions.
Hong said that the company is aiming to complete the first two condominium buildings within the next three to four years to be constructed in a 14,000-sq.m. lot inside the Subic Commercial Light and Industrial Park. Another four condominium buildings will be completed within the next six to ten years.
“Our company is dedicated to providing a hassle-free living environment where in our clients can enjoy all of the benefits of our safe, attractive, and inviting facilities. Unlike many other realty companies that are solely concerned with profit generation, our primary objective is to maintain the highest achievable level of customer satisfaction,” Hong assured.
The Ampelos Tower project will need 100 employees in its initial operations, and will augment workforce to 200 in five years’ time.
KT Global Subic Inc. is a company that will engage in the development, management and operation of real estate such as a 17-story condominium and hotel complex called the Subic Ampelos Tower.
“KT Global Subic Inc. is the tenth biggest committed investment among the approved projects in 2006. It will be the first high-rise building, which is 17 stories high, that we will ever have in the Subic Bay Freeport,” Subic Bay Metropolitan Authority (SBMA) administrator Armand Arreza said.
With its main office based in Korea, KT Construction Co., Ltd., which was named after its founder Kim Tae-Kyung, is engaged in real estate development and operation of condominiums, hotels and other related activities.
According to KT Global Subic Inc. president Hong Shik Kim, because of the company’s potential of expanding its horizons, it has eyed the Subic Bay Freeport to become its partner in the construction of high-rise buildings carrying the philosophy of customer satisfaction by providing high-quality, comfortable units and offer state-of-the-art living conditions.
The projectm, he said, is reflective of the rapid advancements in technology and a growing need for quality housing, hotel rooms and other amenities that will meet unmatched levels of customer satisfaction.
The Ampelos Tower will offer attractive and inviting amenities such as conference rooms that are ideal for formal and non-formal gatherings and gift shops. There will also be a recreation place with spas, massage clinics, swimming pools and sports facilities.
The rest of the building, will be the apartelle itself offering 36 high quality, comfortable household units on each floor. Each unit will offer balance safety, cutting edge features, positive atmosphere and state-of-the-art living conditions.
Hong said that the company is aiming to complete the first two condominium buildings within the next three to four years to be constructed in a 14,000-sq.m. lot inside the Subic Commercial Light and Industrial Park. Another four condominium buildings will be completed within the next six to ten years.
“Our company is dedicated to providing a hassle-free living environment where in our clients can enjoy all of the benefits of our safe, attractive, and inviting facilities. Unlike many other realty companies that are solely concerned with profit generation, our primary objective is to maintain the highest achievable level of customer satisfaction,” Hong assured.
The Ampelos Tower project will need 100 employees in its initial operations, and will augment workforce to 200 in five years’ time.
Labels: Ampelos Tower, KT Global, sbma, subic bay freeport
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