GROVE HOUSE INVESTMENT EXHIBITION (SINGAPORE DEBUT)
Date: 18, (Sat), 19 (Sun) Apr 2015
Time: 11 am to 7 pm (Developer talk at 3 pm)
Venue: Singapore Marriott Hotel, 320 Orchard Road, 238865, Ketumbar Room, Level 2
Register your attendance at the Box Below
Invest in Manchester, UK! which RANKS A HIGH NO.2 IN THE TELEGRAPH’S RANKING OF TOP UK RESIDENTIAL YIELDING CITIES IN DEC 2014. For those familiar with Manchester, this city needs no further introduction.
Grove House, a future residential project is a 20 mins walk from Old Trafford, home of the Red Devils.
THE ATTRACTIVENESS OF THIS PROJECT IS THE SHORT TURNAROUND TIME OF 9 MTHS as it is a conversion of an existing office building to a residential building for let-out. There is hence no need to build from scratch, which will take 2 to 3 years. Investors will be able to get 7% gross yield per annum, payable in quarters when the conversion is expected to be completed in Feb 2016 should they opt for the 2 yrs guaranteed yield option as provided by the developer. After 2 yrs from completion of the project, you can either engage the developer’s property management arm to continue renting it out for you or sell it for capital gains when the price has appreciated.
Grove House units (from £100K to £160K) are now available for booking from today before the official launch in Hong Kong and Singapore later this month. on 28 Mar 2015!
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For purchase, the timeline is as follows.
Day 0 – 2K SGD (Booking Fee through GPS Alliance)
Day 3 – 3 K Pounds (Reservation Fee)
Day 33/48 – Partial Payment of Purchase (2K SGD Booking Fee refunded)
Day 270 – Partial Payment of Purchase (less 4 to 6 % incentive discount)