CALLING FOR INVESTORS & AGENTS - ARE YOU DARE TO TAKE THE CHALLENGE AND GAIN MORE PROFIT Development :Integrated mixed development of retail , residence and international hotels Parcel 1 Retail : Elements (Podium) Residence : Silverscape (Block A&B) International Hotels : Hatten Suites (Block C) : Double tree by Hilton (Block D) Parcel 2 Retail : Broadwalk Residence : Ivory Cove Office block : Prime Tower Resort : Hatten Resort Shoplex : High Street Parcel 3 Retail : Imperio Mall Residence : Imperio Residence Location : Melaka Raya Total Land Area : Parcel 1 – 6 acres :Parcel 2 – 14 acres :Parcel 3 – 5 acres Total gross built-up area : Parcel 1 – 2.4 million sq ft :Parcel 2 – 5.6 million sq ft :Parcel 3 –2.2 million sq ft Targeted completion date : Parcel 1 – by 2014 : Parcel 2 – by 2019 : Parcel 3 – by 2016 General Terms & Conditions • Payment Scheme Earnest Deposit of RM10,000.00 To pay 10% downpayment Upon Booking and Signing OTP/OTR First 10% deposit sum (Less earnest Deposit) to be paid to Fuyuu Resources Sdn Bhd upon execution of SPA/DMC/TA/PA The developer will arrange with any bank or financial institution to grant, up to 60% MOF to part finance the purchase of the Serviced Suites immediately prior to the issuance of the Certificate of Completion & Compliance (the arrangement) subject to the purchaser’s eligibility and compliance of the requirements imposed by the bank or the financial institution. • Leaseback : 9 years (3 years per term for 3 terms ie 3yrs + 3yrs +3yrs) Tenure – 3+3+3 (1 Term = 3years & 3 terms = 9 years) 6% Nett Return for 9 years (“Agreed Period”), no maintenance fee payable First 2 terms, the return will be net 6% per annum based on purchase price. 3rd term, the return will be net 6% per annum based on prevailing market value. Purchaser will finance the property progressively. Having paid the 1st 30% down payment in cash, purchaser shall attempt to secure bank financing from the 4th repayment which shall commence six (6) months before the issuance of the Certificate of Completion and compliance (“ccc”) (“commencement Date”) Balance of 60% shall be payable within 14 days upon the issuance of the Certificate of Completion and compliance (“ccc”) The Rental is payable every 3 months commencing from the commencement date and shall be paid within 7 days after the expiry of every 3 months. Rental Returns shall commence six(6) months after the issuance of the Certificate of Completion and compliance (“ccc”) (‘Commencement Date’) Provided Always that the purchaser has fully pays all outstanding sums due and owing under the SPA and performed all terms & conditions in the SPA. Purchaser to bear quit rent, assessment, insurance premium, sewerage charges, approximately RM 15.00 per square foot per year. • Legal Fees Legal Fees and disbursements on SPA, DMC, TA and PA waived (Panel solicitors to be appointed by Developer) Legal Fees and disbursements on loan documentation to be borne by Purchaser • Foreigner Eligible to purchase retail lot above RM 250,000.00 per unit subject to General Terms & Conditions • Payment Scheme Earnest Deposit of RM10,000.00 To pay 10% downpayment Upon Booking and Signing OTP/OTR First 10% deposit sum (Less earnest Deposit) to be paid to Fuyuu Resources Sdn Bhd upon execution of SPA/DMC/TA/PA The developer will arrange with any bank or financial institution to grant, up to 60% MOF to part finance the purchase of the Serviced Suites immediately prior to the issuance of the Certificate of Completion & Compliance (the arrangement) subject to the purchaser’s eligibility and compliance of the requirements imposed by the bank or the financial institution. • Leaseback : 9 years (3 years per term for 3 terms ie 3yrs + 3yrs +3yrs) Tenure – 3+3+3 (1 Term = 3years & 3 terms = 9 years) 6% Nett Return for 9 years (“Agreed Period”), no maintenance fee payable First 2 terms, the return will be net 6% per annum based on purchase price. 3rd term, the return will be net 6% per annum based on prevailing market value. Purchaser will finance the property progressively. Having paid the 1st 30% down payment in cash, purchaser shall attempt to secure bank financing from the 4th repayment which shall commence six (6) months before the issuance of the Certificate of Completion and compliance (“ccc”) (“commencement Date”) Balance of 60% shall be payable within 14 days upon the issuance of the Certificate of Completion and compliance (“ccc”) The Rental is payable every 3 months commencing from the commencement date and shall be paid within 7 days after the expiry of every 3 months. Rental Returns shall commence six(6) months after the issuance of the Certificate of Completion and compliance (“ccc”) (‘Commencement Date’) Provided Always that the purchaser has fully pays all outstanding sums due and owing under the SPA and performed all terms & conditions in the SPA. Purchaser to bear quit rent, assessment, insurance premium, sewerage charges, approximately RM 15.00 per square foot per year. • Legal Fees Legal Fees and disbursements on SPA, DMC, TA and PA waived (Panel solicitors to be appointed by Developer) Legal Fees and disbursements on loan documentation to be borne by Purchaser • Foreigner Eligible to purchase retail lot above RM 250,000.00 per unit subject to State consent
Posted on: Thu, 13 Jun 2013 08:14:43 +0000
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