City has seen lots of changes in the last 10 years, but the
new plans by the Orchid owners is a major change.
Sometime around the beginning of 2006 all the structures on
the east side of Santos Street from the Wild Orchid Resort
to (and including) Caddy Shack will be leveled and
construction will begin on a new four story complex.
The first floor of the complex will be
five separate stalls that will be designed to be bars.
Two of these bars have already been sold. Additionally,
there will be three single bedroom units located in a
building adjacent to the Wild Orchid Resort, but just behind
the closest club.
The second floor will consist of 15 Studio
apartments and 3 more single bedroom units.
The third & forth floor of the main
building will include eight 2-floor town houses facing
Santos and six more single bedroom apartments (three on the
third floor and three more on the fourth floor).
These units can be purchased for the
duration of the long term lease. Unit owners have
access to Wild Orchid Resort facilities to include pool,
security, generator and optional maid service & rental
management for absentee owners.
|Studio Type Units
||US $75,000 + VAT
|Single Bedroom Units
||US $95,000 + VAT
|Two Bedroom Townhouses
||US $115,000 + VAT
For more details on specific
units, down payments and financing options,
Indications are that
several other expansion plans are in the late planning
PRICE INCREASES: This topic gets beat to death
on the local bulletin boards, but brace yourself for another
round of price increases. A new VAT that is being called
EVAT (Extended Value Added Tax) or RVAT (Reformed
Value Added Tax) was implemented on Nov 1, 2005. This adds
the requirement for many businesses that were exempt from
paying VAT to now pay 10% VAT on all their sales.
Since restaurants and hotels
have been subject to VAT for years, these businesses will
not experience any immediate changes. But, I guess
that it is just coincidence that many of the Angeles hotels
have notified us of a rate increase (many are exactly 10%).
Since we already pay 10% VAT
on all food & beverages we sell, in theory we would not have
any price changes. But, LPG & gasoline went up by 10%. The
increase in gas will effect the cost of all goods within a
few months, if not immediately. Most suppliers have
indicated we will see new prices on or before 1 Nov. The
only supplier that has so far said no price increase is ....
San Miguel Beer!
Despite rumors, tolls on the
North Luzon Expressway (NLE) will not go up as they were
already subject to VAT. However, with the increase in fuel
costs and the new COLA for our drivers we anticipate another
increase in airport pick up fees in the near future.
Despite some costly
problems with several city and national agencies, the folks
at the Dollhouse are also investing in the future of the
entertainment district. They have obtained the lease
on the old Birds Of Paradise (BOP) and are well into
renovating that property. Rumor has it that this will
be another 24-hour operation much like the LA Cafe in
Manila. Another rumor is that they plan to put a
swimming pool on the roof. I, for one, hope this is
just a rumor since they did not remove the footings and
support beams from the old BOP. The upper floors of this
building were added on over the years and it is really
doubtful that the footings were built to handle 80,000+
pounds of swimming pool. Anyone else remember the club
Cocktails & Dreams on Mac Arthur highway? The guys
spent a ton of money and that place didn't collapse when
they filled the swimming pool on the roof. But, only a few
months later we had the earthquake of July 16th, 1990.
The bottom of the pool gave way and the water rushed through
the lower floors. No one was killed, but numerous people
were injured and the building has never been reoccupied.
Believe it or Not??
BCDA fast-tracks Subic-Clark expressway
Inquirer News Service
THE BASES Conversion and Development Authority (BCDA)
said the Subic-Clark-Tarlac Expressway Project would be
finished on time and "within budget." The expressway is
expected to be completed by the end of 2007 at a cost of
21 billion pesos.
The four-lane toll road network will connect the
industrial, transport and business hubs of Subic, Clark,
BCDA president and CEO Narciso Abaya said the project
was a major component of the Global Gateways Initiative.
Abaya said the timely completion of the project was
crucial in boosting growth in Luzon.
BCDA vice president for operations Antonio Rex Chan said
that despite the recent depreciation of the peso, the
cost of the project was unaffected since it was
Chan said foreign exchange rate fluctuations have been
taken into account in determining the project cost.
Chan said the planned expressway would pass through
Angeles City, Mabalacat, Porac and Floridablanca in
Pampanga; Tarlac City, Bamban, and Concepcion in Tarlac,
and Dinalupihan and Hermosa in Bataan.
Funding for the project will come from a Y41.931-million
soft loan from the Japan Bank for International
Cooperation (JBIC). The counterpart funding of 6.2
billion pesos was secured by the BCDA through loans from
Banco de Oro and the Development Bank of the
||Looking for a
different day trip or a way to see more of the islands?
Contact Mike O'Farrell at Subic Seaplane. He
has been taking people around the islands for years.
See his website at: