1

Presented by

Corporate Visions Pte Ltd

Our Vision : To be the leading consultancy in commercial and industrial properties

Our Mission: To provide professional, value-added and cost effective business space solutions

Major development in the pipeline

• Freeing up land (800ha) for housing, offices and factories

• Size of Bishan and Ang Mo Kio

• Height restriction removed –increase plot ratio

• Relocation in the next 20 yrs

2

Paya Lebar Airbase moving to Changi

Major development in the pipeline

• Led by world renowned architect Moshe Safdie, who designed the Marina Bay Sands, and comprising Benoy and local architects RSP

• An iconic mixed-use development , 3.5ha

• Linking Terminal 1, 2 and 3

• CAG working with CapitaMalls Asia

• Retails, F&B, indoor garden3

Project Jewel at Changi Airport

Major development in the pipeline

• Span Marina Bay to Keppel, Telok Blangah and Pasir Panjang Terminal

• Prime land Tanjong Pagar freed up

• 1000ha made available

• City Terminal and Pasir Panjang Terminal move to Tuas

• Land will subsequently be redeveloped to provide new commercial and housing developments

4

Southern Waterfront City

Singapore property too hot

• 6 rounds of cooling measurement, didn’t damper buying temperament

• Low interest lending rate

• Didn’t hit nail on the head

• 19,792 news house were sold from Jan to Oct 2012

• 3,493 new Executive Condo (EC) were sold, more than 2010 and 2011 combined

5

Govt intervention on propertyPart 1

6

7th round of cooling measuresABSD Jan 2013

Govt intervention on propertyPart 1

7

Illustration

A property worth S$1m

Additional Buyer Stamp Duty

• No effect on 1st time property buyer for SC

• Properties become pricier for foreigners

• Individuals who owe more than 1 residential property pay more, including SC

• Investors back out from buying residential property

• Swing to commercial and industrial property8

Effect on ABSD

Additional Buyer Stamp Duty

9

Straits Times – 14 Nov 2013

Part 2

10

“8th” round of cooling measureTDSR Jun 2013

Effect on TDSR

• Is to close the loophole of using proxy to buy property, to avoid paying ABSD

• Foresee a higher interest rate in coming years

• Individuals buying 2nd property will need to upfront more cash

• Individuals buying 2nd property will have lesser loan quantum

• Investors buying more smaller units due to lesser loan quantum

• Investors take longer loan repayment period as it doesn’t affect LTV

11

More curbs on HDB properties

12

More curbs on HDB properties

13

Investors Movement

14

Investors Movement

15

Investors Movement

16

Investors Movement

17

Investors Movement

18

Moving out of Singapore

19

Moving out of Singapore

20

Howco Group investing US$20m in Iskandar

Moving out of Singapore

• Small companies seeking a low-cost operating environment with plenty of space for capital-intensive activities

• Many manufacturing based companies strong interest in moving to Iskandar

• >300 manufacturing companies have relocated since 2006

• Loan to SME for setting up operation in Iskandar doubled in 2013 – RM$500m, OCBC

• Singapore’s industrial business move to Iskandar within 20 years, due to stringent land policies – Credit Suisse

21

Singapore pro business environment

22

Property for Sale

23

15 Defu Avenue Singapore 539538

Land : 52,000sqft

GFA : 58,600sqft

Per floor : 26,000sqft

Plot ratio: 2.5

Zone : Business 2

Tenure : 30+30 wef Dec 1989

Selling : $14.0m, US$11.2m

Trade : Corp office with

warehouse and distribution use

Property for Sale

24

79 Tuas South Street 5 Singapore 637604

Land : 67,900sqft

GFA : 68,000sqft

Open yd : >30,000sft

Plot ratio: 1.4

Zone : Business 2

Tenure : 30+30 wef Feb 2000

Selling : $13.8m, US$11.04m

Trade : Corp office with

production and storage use