The project is now now 90% complete and ready for living in. Road concreting will be completed this summer. Underground utilities are targeted for completion within 2014.
Every lot already has a separate title. You have the option to purchase your lot through our inhouse financing or through the bank or PAGIBIG. You also have the option to buy lot only or a house and lot package.
Fernvale is located in the most upscale part of Coron, along the National Highway, a short hop away from the key places there:
10 minutes from the city center
30 minutes from the airport
15 minutes from the port
10 minutes from the boat station (for island hopping and cruises)
Why is Coron the location of this project?
Because Palawan is the most beautiful part of the Philippines and the favored destination for travelers from all over the world. Palawan’s islands have been declared several times already as among the most beautiful islands in the world, and Coron by a large measure is the crown jewel of this paradise. Coron is now a rising global tourist destination.
Its economy is doing very, and land values are expected to appreciate rapidly for the next 10 to 20 years. This is the right time to buy, when prices are still affordable. Coron is now well-connected to the rest of the world. It has its own airport, served by 3 airlines, with 6 to 12 flights daily depending on the season.
This airport is programmed for expansion, and will be upgraded to an international airport in the future. Coron is now a port of call for international cruise ships and yachts. Coron is the ideal location for your vacation home. Unlike other vacation spots in the Philippines, Coron has many diverse attractions.
From under the sea to the top of its mountains. Whether for just chilling out or for that adrenaline rush. The area has 400 islands and islets, each one offering a unique attraction. Name your thrill and Coron has something for you.
ABOUT ATMOSPHERIC OR GEOLOGIC RISK
Fernvale is very safe from flooding.
It is safe from storm surge. Its average elevation is 6 meters above sea level. Its lowest point is 3 meters above sea level.
It is safe from river flooding. The river has been deepened so that even during heavy rains the water level is several meters below the adjacent lots.
Most important of all, Fernvale has a very robust underground drainage system that is designed for the heaviest rains that may occur in a hundred years.
Coron is outside the seismic belt as declared by PhilVolcs. There are no faultlines in Coron. There is no risk of volcanic eruption or lahar in Fernvale. Coron is far away from any volcano.
There is no risk of subsidence in Fernvale
There is complete riverbank protection along the river to prevent erosion or overflow.
The nearby mountains are very stable. There is no history of landslide in Coron.
The soil and bedrock underneath Fernvale is very strong and stable.
The Bureau of Mines and Geosciences of the DENR has inspected the project site and certified that there is no geologic risk in Fernvale.