Cambodia-The Bay

39
Presentation Deck Condensed for Collective Agency Internal Briefings Private & Confidential. Not for Distribution & Partners Hotel Group – TBA Bank - TBA

Transcript of Cambodia-The Bay

Presentation Deck Condensed for Collective Agency Internal Briefings

Private & Confidential. Not for Distribution

& Partners

Hotel Group – TBA Bank - TBA

Private & Confidential. Not for Distribution

The Bay . South View . Level 30

THE BAY DEVELOPER & ARCHITECT

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TEHO International ”Integrity in Business Towards All”

TEHO Group – Multi-faceted Solutions Provider for the Marine, Offshore O&G, Construction and Property Industries

TEHO Group has grown from a small local business in 1986 to become an international multi-faceted solutions provider.

We were listed on the Singapore Exchange Securities Trading Limited, SGX-ST in June 2009, under our holding company TEHO International Inc Ltd. TEHO Group of Companies includes TEHO Ropes & Supplies Pte Ltd, TEHO Offshore Pte Ltd, TEHO Engineering Pte Ltd, TEHO Water & Envirotec Pte Ltd, TEHO EuROPE B.V., TEHO International (USA), LLC, TEHO (Shanghai) Co., Ltd, TEHO Development Pte Ltd and TIEC Holdings Pte Ltd. We are assiduously and vigilantly looking for opportunities to expand geographically, as well as horizontally in our products and services. We are confident of continuous growth in market share and global presence amidst the challenges in the market and economic environment.

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TEHO Development Growth through Development

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TEHO Development is a wholly owned subsidiary of SGX-listed company, TEHO

International Inc. Incepted in 2014 after the acquisition of ECG’s construction arm,

TIEC Holdings Pte Ltd, the company’s core business includes property-related

investments, holding of investments in property-related assets, as well as trading and

development of property for sale.

Founding partners, the late Mr. Ong Teng Cheong (Former President of Singapore) and Mrs. Ong Siew May, established Ong & Ong Architects in 1972.

Since its humble beginnings, the firms' staff strength has grown to almost 900 over the past four decades.

Going from strength to strength under robust and exceptional leadership, the organisation was incorporated in 1992.

The Group now has a Strong Foot hold within 11 Countries and Phnom Penh is the Next Target

ONG&ONG “360 Degree Solutions”

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Boulevard Vue, Singapore National Heart Centre, Singapore

Empire Damasara, KL Malaysia

Setia Eco Glades, Malaysia

Rivergate Residence, Vietnam

Xi An Mixed-use Development, China

Greenland Centre, Chengdu China

Satoria Tower, Surabaya Indonesia

ONG&ONG Multiple Award Winning Track record of A Extremely Reputable Partner

2014 Awards & Accolades

• Asia Pacific Property Award, Best Retail Architecture Singapore – Audi Centre Singapore

• Asia Pacific Property Award, Highly Commended – JKC2

• BCA Design and Engineering Safety Excellence Award - Telok Ayer MRT Station

• BCA Green Mark Award, Gold – OCBC Thomson Road

• BCA Green Mark Award, Gold – OCBC Thomson Road

• BCA Green Mark Award, Gold – CapitaMall Wusheng and Somerset Wu...

• BCA Green Mark Award, Gold – Compassvale Ancilla...

• BCA Green Mark Award, Gold Plus – Indian Heritage Centre

• BCI Asia Awards - Singapore Top 10

• SG Mark Award – SaladStop!

• SG Mark Award – FRANK by OCBC (experience design)

• SG Mark Award, Platinum – SilverKris Lounge, Sydney | ID

• Singapore Design Award, Asia's Top Design Firms

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A Collaboration of Form & Function Multiple Award Winning Partnerships

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AWARD WINNER – THE BAY PHNOM PENH: CHROY CHANG VAR PENINSULA

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LOCATION MAP PHNOM PENH: CHROY CHANG VAR PENINSULA

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“Land prices around Chroy

Changvar increased by 20-30%

between 2012 & 2013.”

“More transactions, upcoming

projects and infrastructures would boost this double-digit

growth.”

The Phnom Penh Post, Property Post section, May 2013

Articles Prices

The View The Confluence of Rivers at Chroy Changvar

Private & Confidential. Not for Distribution

Developmental Hotspot Upcoming Projects

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Sokha Hotel The Bay

City of the Future

Kitahara Hospital

Norton American University

Happiness City Sokha Riverside

Entertainment Street Proposed Bridge 2

Proposed Bridge 1

Developmental Hotspot Overseas Cambodia Investment Corporation (OCIC) Investment

City of the Future

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Phase 4: 2021 to 2023 : Green Inclusivity & Living areas

Phase 3: 2019 to 2021: Exclusive Living & Working

zones

Phase 2: 2017 to 2019 : Prominent Business Zone &

Tourist Destination

OCIC Planned Master Plan Development of Chroy Changvar (2015 – 2025)

Phase 1: 2015 to 2017 : Vibrant Commercial Hub

DESIGN CONCEPT & LAYOUT

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“Interlocking” buildings

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PHNOM PENH

December

2014

concept

PHNOM PENH

December

2014

concept

PHNOM PENH

December

2014

concept

PHNOM PENH

December

2014

concept

FACT SHEET ABOUT THE BAY

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FACT SHEET ABOUT THE BAY

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FACT SHEET ABOUT THE BAY

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DIAGRAMATIC CHART ABOUT THE BAY

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PHNOM PENH

December

2014

Plans - Type A

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PHNOM PENH

December

2014

Plans - Type A Mirror

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PHNOM PENH

December

2014

Plans - Type A1

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PHNOM PENH

December

2014

Plans - Type A1 Mirror

Private & Confidential. Not For Distribution

PHNOM PENH

December

2014

Plans - Type B & B1

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PHNOM PENH

December

2014

Plans - Type C & C1

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PHNOM PENH

December

2014

Plans - Type D & D1

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BAY SUITES PROCESS FLOWS (FINANCE, LEGAL, MARKETING) - ROI - SPA - GRR

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ROI

Private & Confidential

SALES & PURCHASE AGREEMENT (SPA) 1/2 For Agency Partners

• 10% of Purchase Price upon signing of SPA (less USD1000) • 10% to be collected on 1 August 2015 • 10% to be collected on 1 February 2016 • 10% to be collected on 1 August 2016 • 10% to be collected on 1 February 2017 • Balance 50% within 14 days of Notice to Take Vacant Possession given to Purchaser

• Includes mechanism for paying initial Sinking Fund and Service Charges prior to handover

• Thereafter, SF and SC paid in accordance with Internal Regulations

• Transfer tax of 4% must also be paid before vacant possession can be handed over to Purchaser

• Defect liability: 1 year for non-structural, 3 years for structural (from date of Construction Site Closing Permit)

• Developer will apply for the Certificate of Ownership of Private Unit after receiving the Construction Site Closing Permit and from the Purchaser: o Full purchase price, and o Transfer tax

• If Purchaser wishes to sub-sell the unit, an administration fee of USD1000 will be payable to the Developer

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SALES & PURCHASE AGREEMENT (SPA) 2/2 For Agency Partners

• General Terms and Conditions to note:

o Purchasers are not allowed to make any alterations or additions to their units prior to obtaining Certificate of Ownership of Private Unit o Penalty of 1% per month (daily rest) on all unpaid amounts after they fall due o Developer has Grace Period to serve Notice to Take Vacant Possession to the Purchaser of 1 year from the Estimated Handover Date o Failing which, USD20 per day LD will be imposed on the Developer for a maximum of 1 year. o Expiry of 1 year after Grace Period, Purchaser has right to return the unit to the Developer by serving a 14 day notice to that effect. o Purchaser can serve a notice on Developer within 15 days of issuance of Certificate of Ownership of Private Unit if the actual built in area is less than stated in the Certificate o Developer will compensate the Purchaser within 3 months of the date of notice o Dispute resolution will be by arbitration under SIAC Rules, place of arbitration in Singapore.

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GUARANTEE RENTAL RETURN (GRR) For Agency Partners

• Signing GRR form gives the Developer a master lease with which to sub-lease to third party tenants • Split into 3 terms: o Term 1: 3 years from Commencement Date (defined as date of delivery of vacant possession + 3 months) o Term 2: 3 years from expiry of Term 1 (renewable at the option of the Developer) o Term 3: 3 years from expiry of Term 2 (renewable at the option of the Developer)

• (Term 1: GRR 6% p.a) + (Term 2: GRR 7% p.a.) + (Term 3: GRR 7% p.a.)

• Purchaser has a right not to renew GRR terms after expiry • Deductions from GRR prior to payout: o Taxes (including property tax, withholding tax or VAT) o Sinking Fund (SF) and Service Charge (SC) o Any amounts payable to government agencies or under the SPA o Outstanding amounts due to Developer o Bank transfer charges if any • Net GRR is paid at the end of each set quarter (Jan-Mar, Apr-Jun, etc) and pro-rated according to start dates.

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Process Flow Collection

COMPLETION • 50%

Preview Stage • Preview

Launch • ROI Starts • Collection of

USD$1,000 to

ECG (Cambodia) Co., Ltd

VVIP May 2015 – Main Launch • Signing of SPA

for purchaser • USD(10% -

1,000)

AUG 2015 • 10%

AUG 2016 • 10%

FEB 2016 • 10%

Feb 2017 • 10%

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Construction Timeline Bay Suites

Q3 2015 1st Piling

2019 Handover

“TOP” or “Local

Occupancy Permits”

12 Months

Q3 2020 Completion

“DLP”

12 Months MCST

2016 - 2018

Construction Phase

2016

Sub-Structure &

Super-Structure

36 Months

2018

Trade works &

completion

2017

Super –Structure

& Trade Work

Phase

ECG (Estimated Prices)

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LEVEL 45 TO 52 PRICES USD

TYPE A 210,000 – 235,000

TYPE B 218,000 – 270,000

TYPE C 218,000 – 250,000

TYPE D 232,000 – 288,000

*please check with ECG (Cambodia) Co., Ltd for the available units and

prices