Final

PROPOSED DEVELOPMENT OF MIXED RESIDENTIAL AND COMMERCIAL UNITS COMPRISING
SHOP/OFFICE LOTS, 22 X 75 DOUBLE STOREY TERRACE HOUSES AND 20 X 60 DOUBLE STO

PUCHONG, SELANGOR.
1 PROJECT INFORMATION
Land
area:
:10 acres, 1 rood, 10 pole
Effective develop: 60% of land area
Land Location : Rawang, Selangor
Land Purchased : January 2010
Commencement of
: January 2013
Scheduled comple: End of December 2014
Note: Purchased at RM 15.00 per sq.ft. 3years
Information on Proposed Buildings

Item Type
1
2
3
Double Storey Shop/Office

Double Storey Terrace
Double Stroey Low Cost Houses
Lot Size
Lot size (sq ft)
26' x 80'
22' x 75'
20' x 60'
2,080
1,650
1,200
2 ANALYSIS OF DEVELOPMENT
Land Area
Develop a piece of freehold land measuring 10 acres 1 rood 10 pole.
Conversion of unit measures for land:
10 acres(1 acre = 1 acre)
1 rood :(1 acre= 4 rood)
10 pole( 1 acre= 160 poles)
=
=
=
10
1
10
x
x
x
1
1
1
43,560
43,560
1 acre: (1 acre = 43, 560 sq ft) =

10.3125 acres:
=
1
10.313
x
x
Development Area
Effective Development Area: =
(60% of land area)
449,212.50
60%
Analyzing the Number of Units for Each Type of Development

A)
Double Storey Shop/Office (26 x 80)

Intermediate Unit
26'
80'
Corner Unit
=
23'
10
2.3
26
New area per unit
28.3000
80
15% of effective
development area
269,527.50
15
75'
(Assumed additional 23
for 10 units)
B)
Additional ft (corner
unit) is added to
remaining intermediate
and end units
Double Storey Terrace House (22 x 75)

Intermediate Unit;
22'
Corner Unit
(Assumed additional 20'
for 12 units)
20'
12
unit) is added to
and end units
1.6667
22
C)
New area per unit
23.6667
75
55% of effective
development area
269,527.50
55
60'
Double Storey Low Cost Houses (20 x 60)

Intermediate Unit;
Corner Unit
15'
15
1.000
20
New area per unit
21
60.000
30% of effective
development area
269,527.50
30
20'
(Assumed 15 additional
for 15 units)
unit) is added to
and end units
Calculation : 80,858 / 1,260
Conclusion
Summary of Number of units and blocks for each type
Type of building
Double Storey Terrace House
Double Storey Low Cost House
Total No.Unit
18
83
64
Block
2
7
4
Effective Development area

11%
50%
39%
TOTAL
165
100%
RCIAL UNITS COMPRISING OF 26' X 80' DOUBLE STORY

S AND 20 X 60 DOUBLE STOREY LOW COST HOUSES IN
NGOR.
sed at RM 15.00 per sq.ft. 3years ago
Lot size (sq ft)
Intended Development area
2,080
1,650
1,200
15%
55%
30%
/1
/4
/160
=
=
=
10.000 acres
0.25 acres
0.0625 acres
10.3125 acres
=
=
43,560.00 sq ft
449212.50 sq ft
269,527.50 sq. ft.
=
%
2,080 sq. ft.
2.3000 ft /unit
28.3 ft /unit
2,264 sq. ft. / unit
40,429 sq. ft.
No. of Units =
say =
No. of blocks =
say =
17.86
18 units
1.80 blocks
2 blocks
1,650 sq.ft
1.6667 ft /unit
23.67 ft /unit
=
%
148,240 sq. ft.
No. of Units =
say =
No. of blocks =
say =
(multiplier)
1,775 sq. ft. / unit
83.52
83 units
6.92 blocks
7 blocks
1,200 sq.ft
1.000 ft
21.000 ft
1,260 sq. ft.
%
No. of Units =
say =
No. of blocks =
say =
Effective Development area

11%
50%
39%
80,858 sq. ft.

64.17
64 units
4.27 blocks
4 blocks
100%
FINANCIAL APPRAISAL
PROPOSED DEVELOPMENT OF 26' X 80' DOUBLE STORY SHOP/OFFICE LOTS, 22 X 75 D

60 DOUBLE STOREY LOW COST HOUSES IN PUCHONG
A) GROSS DEVELOPMENT VALUE

Corner Units
End Units
Intermediate Units
Total unit
No. of Units
2
2
14
18
Double Storey Terrance House

Corner Units
End Units
Intermediate Units
Total unit
7
7
69
83

Corner Units
End Units
Intermediate Units
Total unit
4
4
56
64
Total Amount of all buildings { A+B+C

Given :
Bumiputera reservation = 30 % of total cost

Bumiputera Discount = 7% of Total Cost
Thus , Less Bumiputera reservations

and discounts
(58,430,000 x 0.07 x 0.3)
Total Gross Development Value
B) GROSS DEVELOPMENT COST
i)
ii)
LAND COST
Land purchased at
Total area of developed land
Total Cost
CONSTRUCTION COST
Intermediate Units
Corner Units
End Units
Total unit
RM 15 per sq.ft.
449,212.50
Rm 15 x 449,212.50
No. of Units
14
2
2
18
Double Storey Terrance House

Intermediate Units
Corner Units
End Units
Total unit
69
7
7
83

Intermediate Units
Corner Units
End Units
Total unit
56
4
4
64
Infrastructure Cost @ 10% of building co
iii)
ADMINISTRATIVE COST
Content
Professional Fees
Data
9% Contruction Cost
Administrative Fees
2% GDV
Plan Fees
Rm2,000 per Unit
Contribution & Fees

2% of construction Cost
Advertisement & Marketing
1% GDV
Conversion Premium
Commercial
20% of commercial land value lot
Residential
15% of residential land value lot
Subdivisions
RM 1,500 per unit
Legal Fees
RM 2,500 per unit

149100
iv)
CONTINGENCIES COST
v)
FINANCING COST
5% of contruction cost
Cost for constuction

(Assuming Loan of 50%)
(Interest = 5.5% p.a. + 6.5% BLR)
**BLR: Base Lending Rate = allowed 6.5%
Total construction cost x 50% x (5.5 +
Cost for land purchase

(Assuming Loan of RM 6,500,000.00)
(Using Compound Interest = ((1 + i) - 1))
(Interest = 2.5% p.a. + 6.5% BLR
**BLR: Base Lending Rate = allowed 6.5%
TOTAL GROSS DEVELOPMENT COST
A. Gross Development Value (GDV)
B. Gross Development Cost (GDC)
Gross Developer's Profit Before Taxation
Profit Margin
Profit Mark U
3(i) MONTHLY CASH INFLOW FOR 2013 - 2016
GDV discount = 30%

Bumiputra discount = 7%
(Number of Unit for each type of buiding including corner and end un
Formuila :
Double Storey Office/Shop
(14*850000)+(2*1600000)+(2*1000000)=
Less discount for GDV And

Bumiputra
17,100,000*30%*7% =
Price of Ofice/Shop after discou

Bumiputra
(69*400000)+(7*650000)+(7*500000) =
326,050,000*30%*7% =
Double Storey Low Cost

Houses
Bumiputra
(64*45000) =
2,880,000*30%*7% =
CIAL APPRAISAL
STORY SHOP/OFFICE LOTS, 22 X 75 DOUBLE STOREY TERRACE HOUSES AND 20 X

REY LOW COST HOUSES IN PUCHONG, SELANGOR.
Selling Price Per Unit (RM)

1,600,000.00
1,000,000.00
850,000.00
(A)Total Cost
Total Price (RM)

3,200,000.00
2,000,000.00
11,900,000.00
17,100,000.00
650,000.00
500,000.00
400,000.00
(B)Total Cost
4,550,000.00
3,500,000.00
27,600,000.00
35,650,000.00
45,000.00
45,000.00
45,000.00
(C)Total Cost
180,000.00
180,000.00
2,520,000.00
2,880,000.00
Total Amount of all buildings { A+B+C }
55,630,000.00
(58,430,000 x 0.07 x 0.3)
1,168,230.00
RM
54,461,770.00
sq.ft
RM
6,738,187.50
Build-up Area (fs)

3600.00
6500.00
3600.00
(A)Total Cost
Cost (RM)
3,528,000.00
1,040,000.00
576,000.00
5,144,000.00
75.00
85.00
85.00
1500.00
1500.00
1500.00
(B)Total Cost
7,762,500.00
892,500.00
892,500.00
9,547,500.00
35.00
40.00
40.00
900.00
900.00
900.00
(C)Total Cost
1,764,000.00
144,000.00
144,000.00
2,052,000.00
16,743,500.00
Construction cost / Fs (RM)

70.00
80.00
80.00
Total Building Cost [ A + B + C]

Additional
Earthworks @ 5% of building cost
Infrastructure Cost @ 10% of building cost
16,865,500 x 5% =
16,865,500 x 10% =
837,175.00
1,674,350.00
Total Construction Cost
RM
19,255,025.00
Calculation
19,384,400 x 9%
Amount
1,732,952.25
RM 54,853,370 x 2%
1,097,067.40
RM 2,000 x 166
332,000.00
RM 19,384,400 x 2%
387,688.00
RM 54,853,370 x 1%
548,533.70
(2,264 m2 x 18 unit x RM 15 /m2 x 20%)
122,256.00
(1,260 m2 x 64unit + 1,775 m2 x 84 unit) x RM 15 /m2 x 15%
516,915.00
Total 166 unit x RM 1,500 per unit
249,000.00
Total 166 unit x Rm 2,500 per unit
415,000.00
Total Administratice Cost_ RM
5,401,412.35
5% x 19,384,400 =
962,751.25
Total construction cost x 50% x (5.5 + 6.5)% x 2

(RM 19,384,400.00 x 0.5) x 0.12 x 2 =
2,310,603.00
[(1+0.09)-1] x RM 6,500,000.00 =
3,501,055.71
RM
38,169,034.81
ment Value (GDV)

ment Cost (GDC)
RM
RM
54,461,770.00
38,169,034.81
er's Profit Before Taxation
RM
16,292,735.19
Profit Margin
Profit Mark Up
29.92%
42.69%
ype of buiding including corner and end unit) x selling price for each unit respectively - discount
850000)+(2*1600000)+(2*1000000)=
17,100,000*30%*7% =
Price of Ofice/Shop after discount
17,100,000.00
359,100.00
16,740,900.00
*400000)+(7*650000)+(7*500000) =
326,050,000*30%*7% =
(64*45000) =
2,880,000*30%*7% =
35,650,000.00
748,650.00
34,901,350.00
2,880,000.00
60,480.00
2,819,520.00
PROPOSED DEVELOPMENT OF 26' X 80' D/S SHOP/OFFICE LOTS, 22' X 75' D/S TERRACE HOUSES AND 20' X 60' D/S LOW COST HOUSES IN PUCHONG, SELANGOR
ITEM
1
2
3
DESCRIPTION
Sales Projection
Double Storey Low Cost Houses
Monthly Total
% oF Cumulative Sales
1
2
3
Earthworks
Foundation
R.C. Frame
Walls, Doors & Window Frame
Roof, Elec. Wiring & Plumbing
6
7
8
9
10
Int & Ext Plaster

Sewerage Works
Drainage Works
Road Works
Infrastructure Works
Mths
%
30.74%
64.08%
5.18%
100.00%
1
3
9
100.00%
100.00%
100.00%
100.00%
7
8
5
6
2
6
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
YEAR
QUARTER
Amount (RM)
16,740,900.00
34,901,350.00
2,819,520.00
54,461,770.00
2013
M1
Q1
M2
M3
Q2
M5
M4
M6
10.00%
30.00%
Q3
M8
M7
M9
10.00%
20.00%
22.30%
22.30%
22.30%
22.30%
22.30%
7.43%
7.43%
7.43%
2.48%
22.30%
2.48%
22.30%
15.89%
38.19%
2.48%
15.89%
15.89%
5.13%
38.19%
10.00%
20.00%
50.00%
18.48%
56.67%
5.13%
5.13%
18.48%
18.48%
11.29%
5.46%
5.46%
9.15%
38.19%
8.10%
SALES PROCEEDS
1
Signing of Agreement ( SPA )
10.00%
5,446,177.00
Foundation
10.00%
5,446,177.00
R.C. Framework
15.00%
8,169,265.50
10.00%
5,446,177.00
Roof, Plumbing & Wiring
10.00%
5,446,177.00
Internal & External Plastering
10.00%
5,446,177.00
Sewerage Works
5.00%
2,723,088.50
Drainage Works
5.00%
2,723,088.50
Road Works
5.00%
2,723,088.50
10
Purchaser Takes Vacant Possesion

12.50%
6,807,721.25
Receiving Document & Memorandum

of Transfer
2.50%
1,361,544.25
6 months after Purchaser Takes Vacant

Possession
2.50%
1,361,544.25
18 months after Purchaser Takes

Vacant Possession
2.50%
1,361,544.25
100.00%
54,461,770.00
11
12
13
Total Monthly Cash Inflow

Monthly Cumulative Cash Inflow
Total Quarterly Cash Inflow
Quareterly Cumulative Cash Inflow
54,461,770.00
22.30%
1,214,449.50
15.89%
865,436.00
7.43%
404,816.50
1,214,449.50
1,214,449.50
404,816.50
1,619,266.00
7.43%
404,816.50
404,816.50
2,024,082.50
2,024,082.50
2,024,082.50
7.43%
404,816.50
2.48%
202,408.25
2.48%
202,408.25
2.48%
202,408.25
607,224.75
2,631,307.25
202,408.25
2,833,715.50
1,067,844.25
3,901,559.75
1,877,477.25
3,901,559.75
18.48%
1,006,412.00
15.89%
865,436.00
5.13%
418,767.25
1,284,203.25
5,185,763.00
5.13%
418,767.25
5.46%
297,126.50
5.13%
418,767.25
5.46%
297,126.50
715,893.75
5,901,656.75
1,722,305.75
7,623,962.50
3,722,402.75
7,623,962.50
2014
Q4
M11
M10
M12
M13
Q1
M14
10.00%
10.00%
56.67%
9.48%
66.15%
11.29%
11.29%
9.48%
9.48%
9.48%
9.15%
9.15%
13.89%
13.89%
8.10%
8.10%
7.08%
10.47%
8.44%
10.47%
8.44%
56.67%
66.15%
66.15%
10.47%
8.44%
M15
10.00%
20.00%
50.00%
18.48%
84.63%
M16
Q2
M17
M18
M19
Q3
M20
20.00%
84.63%
84.63%
6.15%
90.78%
M21
M22
30.00%
90.78%
90.78%
9.22%
100.00%
18.48%
18.48%
18.48%
6.15%
6.15%
6.15%
9.22%
9.22%
9.22%
18.48%
6.15%
9.22%
13.06%
6.15%
19.21%
14.11%
15.33%
18.16%
15.33%
18.16%
15.33%
9.22%
9.22%
21.23%
19.95%
14.11%
15.64%
15.64%
15.64%
24.86%
28.95%
13.06%
13.06%
Q4
M23
100.00%
100.00%
21.23%
19.95%
21.23%
50.00%
14.11%
9.48%
516,422.50
18.48%
1,006,412.00
11.29%
921,973.25
9.15%
498,408.90
8.10%
440,899.64
2,867,693.79
10,491,656.29
11.29%
921,973.25
9.15%
498,408.90
8.10%
440,899.64
1,861,281.79
12,352,938.09
11.29%
921,973.25
9.15%
498,408.90
8.10%
440,899.64
7.08%
385,787.19
2,763,491.48
15,116,429.57
7,492,467.07
15,116,429.57
18.48%
1,006,412.00
9.48%
516,422.50
9.48%
774,633.75
13.89%
756,620.15
10.47%
570,005.27
8.44%
459,561.83
3,077,243.50
18,193,673.06
13.89%
756,620.15
10.47%
570,005.27
8.44%
459,561.83
1,786,187.25
19,979,860.31
10.47%
570,005.27
8.44%
459,561.83
2,035,979.10
22,015,839.41
6,899,409.84
22,015,839.41
6.15%
334,818.00
18.48%
1,006,412.00
18.48%
1,509,618.00
18.48%
1,006,412.00
28.95%
1,576,417.27
13.06%
711,164.83
5,810,024.10
27,825,863.51
13.06%
711,164.83
711,164.83
28,537,028.34
13.06%
711,164.83
9.22%
502,227.00
6.15%
334,818.00
6.15%
502,227.00
6.15%
334,818.00
6.15%
334,818.00
19.21%
1,045,982.83
14.11%
384,094.33
15.33%
417,576.13
18.16%
494,395.00
15.33%
417,576.13
1,430,077.16
29,967,105.50
7,951,266.09
29,967,105.50
2,970,239.96
32,937,345.47
911,971.13
33,849,316.60
18.16%
494,395.00
15.33%
417,576.13
1,414,198.13
35,263,514.73
5,296,409.23
35,263,514.73
9.22%
502,227.00
9.22%
753,340.50
9.22%
502,227.00
9.22%
502,227.00
9.22%
502,227.00
21.23%
578,099.50
19.95%
543,132.88
21.23%
578,099.50
19.95%
543,132.88
3,883,480.88
39,146,995.62
1,121,232.38
40,268,228.00
2015
Q4
M24
100.00%
M25
100.00%
Q1
M26
M27
100.00%
100.00%
M28
100.00%
Q2
M29
100.00%
M30
100.00%
Q3
M32
M31
100.00%
M33
M34
Q4
M35
Q1
M36
M37
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
53,100,225.75
53,100,225.75
1,361,544.25
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
50.00%
21.23%
578,099.50
50.00%
1,361,544.25
50.00%
1,361,544.25
12.50%
6,807,721.25
2.50%
1,361,544.25
2.50%
1,361,544.25
1,939,643.75
42,207,871.75
6,944,357.02
42,207,871.75
8,169,265.50
50,377,137.25
1,361,544.25
51,738,681.50
51,738,681.50
9,530,809.75
51,738,681.50
51,738,681.50
51,738,681.50
51,738,681.50
51,738,681.50
1,361,544.25
53,100,225.75
2016
Q1
M38
100.00%
M39
100.00%
M40
100.00%
Q2
M41
100.00%
M42
100.00%
Q3
M43
M44
100.00%
100.00%
2.5%
1,361,544.25
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
1,361,544.25
54,461,770.00
53,100,225.75
54,461,770.00
1,361,544.25
54,461,770.00
Proposed Mixed Residential and Commercial Development in Rawang, Daerah Gombak, Selangor Darul Ehsan.
- Monthly Cash Outflow
Projected Cash Outflow

2013
Item
Description
Contractual Requirement Projection
Earthworks
Foundation
R.C. Framework
Roofing, Elec. Wiring & Plumbing
Sewerage Works
Drainage Works
Roadworks
Amount (RM)
Months
1
3
9
7
7
8
5
6
2
6
100%
100%
100%
100%
100%
100%
100%
100%
100%
M1
Q1
M2
100.00%
33.33%
33.33%
2014
M3
M4
Q2
M5
M6
M7
Q3
M8
33.33%
11.11%
11.11%
11.11%
11.11%
11.11%
14.29%
11.11%
14.29%
M9
M10
11.11%
14.29%
14.29%
11.11%
14.29%
14.29%
Q4
M11
M12
M13
Q1
M14
M15
M16
Q2
M17
M18
M19
Q3
M20
M21
11.11%
14.29%
14.29%
12.50%
14.29%
14.29%
12.50%
14.29%
14.29%
12.50%
14.29%
12.50%
14.29%
12.50%
12.50%
12.50%
12.50%
16.67%
16.67%
20.00%
16.67%
20.00%
16.67%
20.00%
16.67%
16.67%
16.67%
16.67%
16.67%
16.67%
16.67%
14.29%
412,608
12.50%
361,032
12.50%
361,032
12.50%
361,032
12.50%
361,032
16.67%
160,459
16.67%
160,459
20.00%
192,550
16.67%
160,459
20.00%
192,550
16.67%
160,459
Payment to Contractor
1.
Earthworks
5%
962,751
2.
Foundation
10%
1,925,503
3.
R.C. Framework
25%
4,813,756
4.
15%
2,888,254
5.
Roofing, Elec. Wiring & Plumbing
15%
2,888,254
6.
15%
2,888,254
7.
Sewerage Works
5%
962,751
8.
Drainage Works
5%
962,751
9.
Road Works
10%
1,925,503
10.
10%
1,925,503
Total Construction Payment

100%
Retention Sum
(10% monthly and 5% max. up to RM 969,738)
Release of Retention Sum
Sub-Total
19,255,025
33.33%
641,834
33.33%
641,834
33.33%
641,834
11.11%
534,862
11.11%
534,862
11.11%
534,862
11.11%
534,862
11.11%
534,862
14.29%
412,608
11.11%
534,862
14.29%
412,608
11.11%
534,862
14.29%
412,608
14.29%
412,608
11.11%
534,862
14.29%
412,608
14.29%
412,608
11.11%
534,862
14.29%
412,608
14.29%
412,608
12.50%
361,032
14.29%
412,608
14.29%
412,608
12.50%
361,032
14.29%
412,608
14.29%
412,608
12.50%
361,032
14.29%
412,608
12.50%
361,032
641,834
641,834
1,176,696
534,862
534,862
534,862
947,470
947,470
1,360,078
1,360,078
1,721,110
1,186,248
1,186,248
773,640
773,640
361,032
521,491
521,491
353,009
353,009
(64,183)
577,651
(64,183)
577,651
(117,670)
1,059,026
(53,486)
481,376
(53,486)
481,376
(53,486)
481,376
(94,747)
852,723
(94,747)
852,723
(136,008)
1,224,070
(136,008)
1,224,070
(101,733)
1,619,377
1,186,248
1,186,248
773,640
773,640
361,032
521,491
521,491
353,009
353,009
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
Admin & Contingencies Expenses

9.
Professional Fees
27.4%
1,732,952
10.
Plan Fees
5.2%
332,000
11.
Contributions & Fees
6.1%
387,688
12.
Conversion Premium
10.0%
639,171
13.
Subdivision
3.9%
249,000
14.
Legal Fees
6.5%
415,000
15.
Administrative Fees
17.2%
1,097,067
16.
Advertisement & Marketing
8.6%
548,534
17.
Contingencies
15.2%
100.0%
962,751
6,364,164
TOTAL MONTHLY CASH OUTFLOW

CUMULATIVE CASH OUTFLOW
QUARTERLY CASH OUTFLOW
60%
1,039,771
100%
332,000
100%
387,688
100%
639,171
100%
249,000
100%
415,000
4.17%
45,711
4.17%
22,856
4.17%
40,115
20%
346,590
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
3,171,312
3,171,312
686,332
3,857,644
686,332
4,543,976
4,543,976
1,167,708
5,711,683
590,057
6,301,741
590,057
6,891,798
2,347,822
590,057
7,481,855
961,404
8,443,259
961,404
9,404,664
2,512,866
*Notes: - Assumed release of retention upon completion of Works (2.5%) and the end of 18months Defects Liability Period (2.5%)
- Excluded cash outflow for land cost and finance cost (to be tabulated under section 3(iii) )
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
1,332,752 1,332,752 1,728,058 1,641,520 1,294,929

882,321
882,321
469,713
630,172
630,172
461,690
461,690
10,737,415 12,070,167 13,798,225 15,439,744 16,734,674 17,616,995 18,499,317 18,969,030 19,599,202 20,229,375 20,691,065 21,152,755
4,393,561
3,818,771
1,982,207
1,553,553
2015
M22
20.00%
16.67%
20.00%
192,550
16.67%
160,459
Q4
M23
M24
Q1
M26
M25
M27
M28
Q2
M29
M30
2016
M31
Q3
M32
M33
M34
Q4
M35
M36
M37
Q1
M38
M39
M40
Q2
M41
M42
Q3
M43
M44
20.00%
50.00%
50.00%
20.00%
192,550
16.67%
160,459
20.00%
192,550
50%
962,751
50%
962,751
962,751
353,009
353,009
1,155,301
353,009
353,009
1,155,301
484,869
1,447,620
###
484,869
484,869
20%
346,590
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
4.17%
45,711
4.17%
22,856
4.17%
40,115
461,690
461,690
1,263,982
21,614,446 22,076,136 23,340,118
2,187,363
1,794,210
25,134,329
1,794,210
484,869
25,619,198
484,869
3(iii) NET CAS FLOW FOR 2013 - 2016
2010
Item
A
Description
Cash Inflow :
i) Sales projection
ii) Land Financing
Total Inflow
Amount
(RM)
54,461,770
6,500,000
60,961,770
Quarterlv Cash Inflow

Cumulative Inflow
B
i)
ii)
iii)
iv)
v)
vii)
Cash outflow :
Land Cost
Construction Cost
Administrative Cost &
Contingencies
Finance Cost (Construction)
Finance Cost (Land)
Land Finance Repayment
Total Outflow
Q1
3
2012
Q2
6
Q3
9
Q4
12
Q1
15
Q2
18
Q3
21
Q4
24
Q1
27
6,500,000
6,500,000
6,500,000
6,500,000
6,500,000
6,500,000
6,500,000
6,500,000
141,558
144,641.06
147,791.07
151,009.69
154,298.41
157,658.75
161,092.27
164,600.57
168,185.27
6,879,746
6,879,746
144,641
7,024,387
147,791
7,172,178
151,010
7,323,188
154,298
7,477,486
157,659
7,635,145
161,092
7,796,237
164,601
7,960,838
168,185
8,129,023
(379,746)
(379,746)
(144,641)
(524,387)
(147,791)
(672,178)
(151,010)
(823,188)
(154,298)
(977,486)
(157,659)
(1,135,145)
(161,092)
(1,296,237)
(164,601)
(1,460,838)
(168,185)
(1,629,023)
6,500,000
6,500,000
6,500,000
6,738,188
19,255,025
2011
6,738,188
6,364,164
2,310,603
3,501,056
6,500,000
44,669,035
Quarterly Cash Outflow

Cumulative Outflow
Net Cash Flow
Cumulative Net Cash Flow
2012
Q2
30
6,500,000
2013
Q3
33
6,500,000
Q4
36
6,500,000
2014
Q1
39
Q2
42
Q3
45
Q4
48
Q1
51
Q2
54
Q3
57
Q4
60
2,024,083
1,877,477
3,722,403
7,492,467
6,899,410
7,951,266
5,296,409
6,944,357
2,024,083
8,524,083
1,877,477
10,401,560
3,722,403
14,123,963
7,492,467
21,616,430
6,899,410
28,515,839
7,951,266
36,467,106
5,296,409
41,763,515
6,944,357
48,707,872
1,155,301
2,021,778
2,186,822
4,067,517
3,146,136
1,656,163
1,227,509
1,861,319
3,388,674.42
326,044.07
326,044.07
326,044.07
672,634.52
326,044.07
326,044.07
326,044.07
288,825.38
187,314.36
288,825.38
191,393.73
288,825.38
195,561.93
288,825.38
199,820.92
288,825.38
204,172.65
288,825.38
208,619.16
288,825.38
213,162.51
6,500,000
171,848.04
175,590.58
179,414.62
288,825.38
183,321.94
171,848
8,300,871
175,591
8,476,461
179,415
8,655,876
5,016,123
13,671,999
2,823,962
16,495,961
2,993,085
19,489,046
4,877,948
24,366,994
4,307,417
28,674,411
2,475,205
31,149,616
2,050,998
33,200,614
9,189,351
42,389,965
(171,848)
(1,800,871)
(175,591)
(1,976,461)
(179,415)
(2,155,876)
(2,992,040)
(5,147,916)
(946,485)
(6,094,401)
729,318
(5,365,083)
2,614,519
(2,750,565)
2,591,993
(158,571)
5,476,061
5,317,489
3,245,412
8,562,901
(2,244,994)
6,317,907
2015
Q1
63
Q2
66
9,530,810
9,530,810
58,238,682
2016
Q3
69
Q4
72
Q1
75
Q2
78
1,361,544
58,238,682
1,361,544
59,600,226
Q3
81
Q4
84
1,361,544
59,600,226
59,600,226
59,600,226
1,447,620
1,361,544
60,961,770
60,961,770
484,869
346,590.45
1,794,210
44,184,175
44,184,175
44,184,175
44,184,175
44,184,175
44,184,175
484,869
44,669,044
44,669,044
7,736,599
14,054,506
14,054,506
1,361,544
15,416,051
15,416,051
15,416,051
15,416,051
876,675
16,292,726
16,292,726
Table 1 : NPV CALCULATION FOR NET CASH FLOW ON QUARTERLY BASIS FOR
SELL-THEN-BUILD CONCEPT
Year
2010
2011
2012
2013
2014
2015
2016
Total
Quarter
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
Cash Inflow
6,500,000.00
2,024,082.50
1,877,477.25
3,722,402.75
7,492,467.07
6,899,409.84
7,951,266.09
5,296,409.23
6,944,357.02
9,530,809.75
1,361,544.25
1,361,544.25
60,961,770.00
Cash Outflow
Cash Flow
6,879,745.68
144,641.06
147,791.07
151,009.69
154,298.41
157,658.75
161,092.27
164,600.57
168,185.27
171,848.04
175,590.58
179,414.62
5,016,122.94
2,823,961.81
2,993,084.97
4,877,948.38
4,307,416.81
2,475,205.10
2,050,997.61
9,189,350.95
1,794,210.45
484,869.00
###
44,669,044.02
NPV
Additional Information:
1. Land was purchased 3 years ago, hence the present is Q1 of 2013
2 "n years" is divided into quarter basis
3. Compounding factor formula - past value to present value : [ P*(1 + r)^n ]
(379,746)
(144,641)
(147,791)
(151,010)
(154,298)
(157,659)
(161,092)
(164,601)
(168,185)
(171,848)
(175,591)
(179,415)
(2,992,040)
(946,485)
729,318
2,614,519
2,591,993
5,476,061
3,245,412
(2,244,994)
7,736,599
1,361,544.25
###
###
(484,869)
1,361,544.25
16,292,726
n (yrs)
3
2.75
2.50
2.25
2
1.75
1.50
1.25
1
0.75
0.50
0.25
0
0.25
0.50
0.75
1
1.25
1.50
1.75
2
2.25
2.50
2.75
3
3.25
3.50
3.75
4. Discounting factor formula - future value to present value : [ P*(1/ (1 + r)^n) ]
FOR
Present
Value/
Future
Value
Factor
@12%
1.405
1.366
1.328
1.290
1.254
1.219
1.185
1.152
1.120
1.089
1.058
1.029
1.000
0.972
0.945
0.919
0.893
0.868
0.844
0.820
0.797
0.775
0.753
0.732
0.712
0.692
0.673
0.654
Present Value
(RM)
(533,515.33)
(197,533.68)
(196,197.41)
(194,870.18)
(193,551.93)
(192,242.59)
(190,942.12)
(189,650.44)
(188,367.50)
(187,093.24)
(185,827.60)
(184,570.52)
(2,992,040.44)
(920,044.91)
689,140.52
2,401,475.90
2,314,279.49
4,752,758.51
2,738,058.69
(1,841,126.52)
6,167,569.60
1,025,620.53
(335,479.39)
915,732.61
12,281,582.08
Table 2 : NPV CALCULATION FOR NET CASH FLOW ON QUARTERLY BASIS FOR
BUILD-THEN-SELL CONCEPT
Year
2010
2011
2012
2013
2014
2015
2016
Total
Quarter
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
Cash Inflow
6,500,000.00
51,738,681.50
1,361,544.25
1,361,544.25
60,961,770.00
Cash Outflow
Cash Flow
6,879,745.68
144,641.06
147,791.07
151,009.69
154,298.41
157,658.75
161,092.27
164,600.57
168,185.27
171,848.04
175,590.58
179,414.62
5,016,122.94
2,823,961.81
2,993,084.97
4,877,948.38
4,307,416.81
2,475,205.10
2,050,997.61
9,189,350.95
1,794,210.45
484,869.00
###
44,669,044.02
NPV
Additional Information:
1. Land was purchased 3 years ago, hence the present is Q1 of 2013
2 "n years" is divided into quarter basis
3. Compounding factor formula - past value to present value : [ P*(1 + r)^n ]
(379,746)
(144,641)
(147,791)
(151,010)
(154,298)
(157,659)
(161,092)
(164,601)
(168,185)
(171,848)
(175,591)
(179,415)
(5,016,123)
(2,823,962)
(2,993,085)
(4,877,948)
(4,307,417)
(2,475,205)
(2,050,998)
(9,189,351)
49,944,471
1,361,544.25
###
###
(484,869)
1,361,544.25
16,292,726
n (yrs)
3
2.75
2.50
2.25
2
1.75
1.50
1.25
1
0.75
0.50
0.25
0
0.25
0.50
0.75
1
1.25
1.50
1.75
2
2.25
2.50
2.75
3
3.25
3.50
3.75
4. Discounting factor formula - future value to present value : [ P*(1/ (1 + r)^n) ]
FOR
Present
Value/
Future
Value
Factor
@12%
1.405
1.366
1.328
1.290
1.254
1.219
1.185
1.152
1.120
1.089
1.058
1.029
1.000
0.972
0.945
0.919
0.893
0.868
0.844
0.820
0.797
0.775
0.753
0.732
0.712
0.692
0.673
0.654
Present Value
(RM)
(533,515.33)
(197,533.68)
(196,197.41)
(194,870.18)
(193,551.93)
(192,242.59)
(190,942.12)
(189,650.44)
(188,367.50)
(187,093.24)
(185,827.60)
(184,570.52)
(5,016,122.94)
(2,745,075.62)
(2,828,199.46)
(4,480,471.13)
(3,845,907.87)
(2,148,269.01)
(1,730,366.58)
(7,536,215.32)
39,815,426.54
1,025,620.53
(335,479.39)
915,732.61
8,456,309.83
Project Summary
Type of building
TOTAL
Total No.Unit
Block
18
84
64
166
2
7
4
-
Price of Ofice/Shop after

discount
RM
16,740,900.00
RM
34,901,350.00
RM
2,819,520.00
-
ITEM
1
2
3
DESCRIPTION
Sales Projection
Double Storey Low Cost Houses
Monthly Total
% oF Cumulative Sales
1
2
3
Earthworks
Foundation
R.C. Frame
Roof, Elec. Wiring & Plumbing
6
7
8
9
10
Int & Ext Plaster

Sewerage Works
Drainage Works
Road Works
Mths
%
30.74%
64.08%
5.18%
100.00%
1
3
9
100.00%
100.00%
100.00%
100.00%
7
8
5
6
2
6
100.00%
100.00%
100.00%
100.00%
100.00%
100.00%
YEAR
QUARTER
Amount (RM)
16,740,900.00
34,901,350.00
2,819,520.00
54,461,770.00
2013
M1
Q1
M2
M3
Q2
M5
M4
M6
10.00%
30.00%
Q3
M8
M7
M9
10.00%
20.00%
22.30%
22.30%
22.30%
22.30%
22.30%
7.43%
7.43%
7.43%
2.48%
22.30%
2.48%
22.30%
15.89%
38.19%
2.48%
15.89%
15.89%
5.13%
38.19%
10.00%
20.00%
50.00%
18.48%
56.67%
5.13%
5.13%
18.48%
18.48%
11.29%
5.46%
5.46%
9.15%
38.19%
8.10%
SALES PROCEEDS
1
Signing of Agreement ( SPA )
10.00%
5,446,177.00
Foundation
10.00%
5,446,177.00
R.C. Framework
15.00%
8,169,265.50
10.00%
5,446,177.00
Roof, Plumbing & Wiring
10.00%
5,446,177.00
10.00%
5,446,177.00
Sewerage Works
5.00%
2,723,088.50
Drainage Works
5.00%
2,723,088.50
Road Works
5.00%
2,723,088.50
10
Purchaser Takes Vacant

Possesion
12.50%
6,807,721.25
Receiving Document &

Memorandum of Transfer
2.50%
1,361,544.25

Vacant Possession
2.50%
1,361,544.25

Vacant Possession
2.50%
1,361,544.25
100.00%
54,461,770.00
11
12
13
Total Monthly Cash Inflow

Monthly Cumulative Cash Inflow
Total Quarterly Cash Inflow
Quareterly Cumulative Cash Inflow
54,461,770.00
22.30%
1,214,449.50
15.89%
865,436.00
7.43%
404,816.50
1,214,449.50
1,214,449.50
404,816.50
1,619,266.00
7.43%
404,816.50
404,816.50
2,024,082.50
2,024,082.50
2,024,082.50
7.43%
404,816.50
2.48%
202,408.25
607,224.75
2,631,307.25
2.48%
202,408.25
202,408.25
2,833,715.50
2.48%
202,408.25
1,067,844.25
3,901,559.75
1,877,477.25
3,901,559.75
18.48%
1,006,412.00
15.89%
865,436.00
5.13%
418,767.25
1,284,203.25
5,185,763.00
5.13%
418,767.25
5.46%
297,126.50
715,893.75
5,901,656.75
5.13%
418,767.25
5.46%
297,126.50
1,722,305.75
7,623,962.50
3,722,402.75
7,623,962.50
2014
Q4
M11
M10
M12
M13
Q1
M14
10.00%
10.00%
56.67%
9.48%
66.15%
11.29%
11.29%
9.48%
9.48%
9.48%
9.15%
9.15%
13.89%
13.89%
8.10%
8.10%
7.08%
10.47%
8.44%
10.47%
8.44%
56.67%
66.15%
66.15%
10.47%
8.44%
M15
10.00%
20.00%
50.00%
18.48%
84.63%
M16
Q2
M17
M18
M19
Q3
M20
20.00%
84.63%
84.63%
6.15%
90.78%
M21
M22
30.00%
90.78%
90.78%
9.22%
100.00%
18.48%
18.48%
18.48%
6.15%
6.15%
6.15%
9.22%
9.22%
9.22%
18.48%
6.15%
9.22%
13.06%
6.15%
19.21%
14.11%
15.33%
18.16%
15.33%
18.16%
15.33%
9.22%
9.22%
21.23%
19.95%
14.11%
15.64%
15.64%
15.64%
24.86%
28.95%
13.06%
13.06%
Q4
M23
100.00%
100.00%
21.23%
19.95%
21.23%
50.00%
14.11%
9.48%
516,422.50
18.48%
1,006,412.00
11.29%
921,973.25
9.15%
498,408.90
8.10%
440,899.64
11.29%
921,973.25
9.15%
498,408.90
8.10%
440,899.64
11.29%
921,973.25
9.15%
498,408.90
8.10%
440,899.64
7.08%
385,787.19
18.48%
1,006,412.00
9.48%
516,422.50
9.48%
774,633.75
13.89%
756,620.15
10.47%
570,005.27
8.44%
459,561.83
13.89%
756,620.15
10.47%
570,005.27
8.44%
459,561.83
10.47%
570,005.27
8.44%
459,561.83
6.15%
334,818.00
18.48%
1,006,412.00
18.48%
1,509,618.00
18.48%
1,006,412.00
28.95%
1,576,417.27
13.06%
711,164.83
13.06%
711,164.83
13.06%
711,164.83
14.11%
384,094.33
2,867,693.79
10,491,656.29
1,861,281.79
12,352,938.09
2,763,491.48
15,116,429.57
7,492,467.07
15,116,429.57
3,077,243.50
18,193,673.06
1,786,187.25
19,979,860.31
2,035,979.10
22,015,839.41
6,899,409.84
22,015,839.41
5,810,024.10
27,825,863.51
711,164.83
28,537,028.34
1,430,077.16
29,967,105.50
7,951,266.09
29,967,105.50
9.22%
502,227.00
6.15%
334,818.00
6.15%
502,227.00
6.15%
334,818.00
6.15%
334,818.00
19.21%
1,045,982.83
15.33%
417,576.13
2,970,239.96
32,937,345.47
18.16%
494,395.00
15.33%
417,576.13
911,971.13
33,849,316.60
18.16%
494,395.00
15.33%
417,576.13
1,414,198.13
35,263,514.73
5,296,409.23
35,263,514.73
9.22%
502,227.00
9.22%
753,340.50
9.22%
502,227.00
9.22%
502,227.00
9.22%
502,227.00
21.23%
578,099.50
19.95%
543,132.88
3,883,480.88
39,146,995.62
21.23%
578,099.50
19.95%
543,132.88
1,121,232.38
40,268,228.00
2015
Q4
M24
100.00%
M25
100.00%
Q1
M26
100.00%
M27
100.00%
M28
100.00%
Q2
M29
100.00%
M30
100.00%
M31
100.00%
Q3
M32
100.00%
M33
M34
Q4
M35
M36
100.00%
100.00%
100.00%
100.00%
53,100,225.75
1,361,544.25
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
50.00%
21.23%
578,099.50
50.00%
1,361,544.25
50.00%
1,361,544.25
12.50%
6,807,721.25
2.50%
1,361,544.25
2.50%
1,361,544.25
1,939,643.75
42,207,871.75
6,944,357.02
42,207,871.75
8,169,265.50
50,377,137.25
1,361,544.25
51,738,681.50
51,738,681.50
9,530,809.75
51,738,681.50
51,738,681.50
51,738,681.50
51,738,681.50
51,738,681.50
51,738,681.50
1,361,544.25
53,100,225.75
2016
M37
100.00%
Q1
M38
100.00%
M39
100.00%
M40
100.00%
Q2
M41
100.00%
M42
100.00%
Q3
M43
100.00%
M44
#REF!
2.50%
1,361,544.25
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
53,100,225.75
1,361,544.25
54,461,770.00
1,361,544.25
54,461,770.00

Final

Transféré par

Informations du document

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

Final

Transféré par

Droits d'auteur :

Formats disponibles

PROPOSED DEVELOPMENT OF MIXED RESIDENTIAL AND COMMERCIAL UNITS COMPRISING

SHOP/OFFICE LOTS, 22 X 75 DOUBLE STOREY TERRACE HOUSES AND 20 X 60 DOUBLE STO

Note: Purchased at RM 15.00 per sq.ft. 3years

Information on Proposed Buildings

Double Storey Shop/Office

Lot size (sq ft)

1 acre: (1 acre = 43, 560 sq ft) =

Analyzing the Number of Units for Each Type of Development

Double Storey Shop/Office (26 x 80)

New area per unit

Double Storey Terrace House (22 x 75)

New area per unit

Double Storey Low Cost Houses (20 x 60)

New area per unit

Calculation : 80,858 / 1,260

Effective Development area

RCIAL UNITS COMPRISING OF 26' X 80' DOUBLE STORY

sed at RM 15.00 per sq.ft. 3years ago

Lot size (sq ft)

Intended Development area

269,527.50 sq. ft.

2,080 sq. ft.

2,264 sq. ft. / unit

40,429 sq. ft.

148,240 sq. ft.

1,775 sq. ft. / unit

1,260 sq. ft.

Effective Development area

80,858 sq. ft.

PROPOSED DEVELOPMENT OF 26' X 80' DOUBLE STORY SHOP/OFFICE LOTS, 22 X 75 D

A) GROSS DEVELOPMENT VALUE

Double Storey Terrance House

Double Storey Low Cost House

Total Amount of all buildings { A+B+C

Bumiputera reservation = 30 % of total cost

Thus , Less Bumiputera reservations

(58,430,000 x 0.07 x 0.3)

Total Gross Development Value

B) GROSS DEVELOPMENT COST

Double Storey Terrance House

Double Storey Low Cost House

Infrastructure Cost @ 10% of building co

Rm2,000 per Unit

Contribution & Fees

20% of commercial land value lot

15% of residential land value lot

RM 1,500 per unit

RM 2,500 per unit

Cost for constuction

Total construction cost x 50% x (5.5 +

Cost for land purchase

3(i) MONTHLY CASH INFLOW FOR 2013 - 2016

GDV discount = 30%

Double Storey Office/Shop

Less discount for GDV And

Price of Ofice/Shop after discou

Double Storey Terrace House

Price of Ofice/Shop after discou

Double Storey Low Cost

Price of Ofice/Shop after discou

STORY SHOP/OFFICE LOTS, 22 X 75 DOUBLE STOREY TERRACE HOUSES AND 20 X

Selling Price Per Unit (RM)

Total Price (RM)

Total Amount of all buildings { A+B+C }