SEA HORIZON

PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequentialloss or damage that may arise out of or in any way connectedwith any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.






Location map



Source: Google Map

MRT Map

PropNex International Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex International Pte Ltd does not make any representation, endorsement,warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex International Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequentialloss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.

Source: http://smrt.com.sg

Developers Track Record

Source: http://www.mcc.sg/

Building better homes for a better life

MCC Land (Singapore) Pte Ltd (the “Company”), a subsidiary of Metallurgy Corporation of China Ltd listed in Hong Kong and Shanghai,

is a developer and engineering services provider in Singapore.

A Fortune 500 company, the Company has been instrumental in shaping the city landscape of Singapore by being involved in the building of numerous notable landmarks, including Universal

Studios at Resorts World Sentosa and the Keppel Distripark. In recent times, the Company has developed and/or managed a number of quality housing projects, such as The Canopy, The

Nautical, Canberra Residences and 1 Canberra - spanning a wide range of housing types, from BTO, to executive condominium to private condominium.

With a presence of over 14 years in Singapore, the Company aims to create inspiring lifestyles and landscapes that will propel Singapore into a 21st century global city

http://www.keppelland.com.sg/

• Sea Horizon is design in a way that the blocks are a distance away from each other. “Looking at neighboring unit” will not be a problem for the residents of Sea Horizon

• Even at the narrowest part of the ‘V-shaped’ design, the distance is 58metres apart.


Strategically Designed

• Sea Horizon is a short bus ride to Pasir Ris MRT station and Pasir Ris Bus Interchange.

• Residents will also enjoy the convenience access to nearby expressways –Tampines Expressway (TPE), Pan Island Expressway (PIE) and East Coast Parkway (ECP).


Well Connected to all parts of Singapore

• Sea Horizon is the first Executive Condominium to have sea view and up to 70% of the units come with sea view.

• Sea view units in the nearby new development were transacted at:

• Ripple Bay - $1,001psf to $1,062psf • Sea Esta - $947psf to $998psf

• Sea View Units Transacted at D15• Cote D Azur - $1463psf for 1367sqft unit (14 May 2013 Source: Streetsine)

• Sliver Sea – $1,485 - $2,387 PSF / Avg $1,864 PSF (Source: Squarefoot research)


Sea View

• Upcoming Downtown Line 3

The 21-km long DTL3 is the final stretch of the 42-km Downtown Line. Running almost parallel to the East West Line (EWL), the DTL3 will provide a convenient transport link for residents and commuters living and working along the line to the Central Business District, the Marina Bay area and the rest of the island. There are 16 stations in DTL3, from Expo station in the east to Fort Canning station in the heart of town. DTL3 has three interchange stations - MacPherson, Tampines and Expo, allowing commuters to transfer to the East West Line and Circle Line.


Source: www.lta.gov.sg

• Upcoming Cross Island Line (CRL)

- Spanning across Singapore, the Cross Island Line (CRL) is ~50km in length and is targeted to complete by around 2030.

- Starting from Changi, the CRL will pass through Loyang, Pasir Ris, Hougang, Ang Mo Kio, before reaching Sin Ming. Continuing westwards, it will serve areas such as Bukit Timah, Clementi, West Coast, and terminate at Jurong Industrial Estate.

- Alternative for East-West travel to the current East-West Line. Residents in Punggol will be able to travel to Pasir Ris – a popular and much demanded travel route - in only 10-15 minutes, compared to a 40 minute bus journey today.


Source: www.lta.gov.sg


Source: Masterplan 2008

More Job Opportunities

Busier Regional CentreExpect more businesses to spring up at the bustling Tampines Regional Centre. New office developments here will help meet the growing demand for office space over the next few years.

A Better Business Park Changi Business Park will offer more business park developments, including backroom office space for financial institutions. To cater to the needs of workers here, shops and other complementary amenities will be introduced. Upcoming developments include new hotels near the Expo MRT Station, to help meet the needs of business travellers.

New Industrial EstatesIn the pipeline: new industrial estates to provide more jobs in the East region. These will be located in Loyang, Lorong Halus, Kaki Bukit and the site of the former Bedok Water Reclamation Plant, to expand the existing industrial estates in the region.

* Future commercial development in Tampines Regional Centre * Future business park development in Changi Business Park



More Job Opportunities

Wafer FabricationThere will be continued efforts to pursue and anchor more semiconductor plants to further develop Tampines and Pasir Ris Wafer Fabrication Parks, e.g. at Tampines Ave 10 and Pasir Ris Dr 12.

Logistics and AviationA 29ha site at Tampines Road will be opened up for a new logistics park in the near term, to meet the strong demand for logistics industries in the East.

More sites close to Changi Airport, like at Changi North Industrial Estate and Changi East will also be developed for aerospace industries.

* Pasir Ris Wafer Fab Park * Aerospace industries at Changi * More logistics industries in the East

Leisure


An Active Bedok Reservoir ParkResidents can look forward to new facilities like a new gallery and fishing deck, a new dragon boathouse, and a new surface carpark that will make it a breeze to step out and enjoy the activities at the reservoir.

Further Enhancing Changi PointAs part of the Rustic Coast proposals from Master Plan 2003, URA has completed a number of infrastructure improvements like the Changi Point Ferry Terminal, Changi Point Boardwalk, and Changi Village carpark. Two new lifestyle developments are in store at the former Changi Hospital and Fairy Point Hill, transforming Changi Point area into a leisure destination over the next few years.

* Future floating gallery at Bedok Reservoir Park


Leisure


New parksA new 5ha linear park will emerge along Tampines Ave 12. This will complement the existing Sun Plaza Park and mountain biking trail at Tampines North. The linear park will form part of a larger green belt to eventually connect Sun Plaza Park all the way to Pasir Ris Park.

Another linear park along Sungei Loyang. Linking Pasir Ris Park Connector with Pasir Ris Park, park users will find it more convenient to move from Pasir Ris Park to Changi Beach Park.

Additional Park ConnectorsThe East region already has a well-developed Eastern Coastal Park Connector Network linking East Coast Park, Changi Beach Park, Pasir Ris Park, Bedok Reservoir Park, Sun Plaza Park and Bedok Town Park. One addition in the medium term is a new link between Bedok Town Centre, Siglap Linear Park and Bedok park connectors. This will make walking and jogging from Bedok Town Centre to East Coast Park a breeze.

East Coast ParkEast Coast Park will be further enhanced as a regional attraction. NParks has plans to introduce more facilities to enhance its appeal, like the new Skatepark that will be coming up near the East Coast Food Centre.



CMA


Source: Square Foot Research, Onemap

Executive Condo Average $PSFArc At Tampines 781The Tampines Trilliant 783Citylife @ Tampines 800Private Condominium (U/C) Average $PSFSea Strand 994Ripple Bay 927Stratum 944The Palette 1,083D’nest 1,083Sea View Units Average $PSFSea Esta 998Ripple Bay 1,062Private Condominium (TOP) Average $PSFNV Residences 1,087Livia 954Oasis @ Elias 962Eastvale 880Whitewater 836The Esparis 808

Coastal Condo TransactionFor 99-years leasehold condo


Source: URA

The Vision$1,279 psf$1,345 psf$1,300 psf

Blue Horizon$1,129 psf$1,118 psf$1,181 psf

Reflection at Keppel Bay$1,823 psf$2,279 psf$1,548 psf

Costa Rhu$1,240 psf$1,285 psf$1,252 psf

Caribbean at Keppel Bay$1,637 psf$1,735 psf$1,716 psf

Silver Sea$1,613 psf$2,387 psf$2,140 psf

Costa Del Sol$1,361 psf$1,301 psf$1,425 psf

Cote D Azur$1,463 psf$1,222 psf$1,195 psf

SEA HORIZON @PASIR RIS DR 3 / PASIR RIS RISE 06 August 2013

Location Plan

Unit View Distribution Diagram

Blk 1, 3 & 5 Blk 7, 9, 11 & 13 Blk 15, 17, 19, 21 & 23 Unit View Mapping Diagram

Site Plan

PES Unit Distribution Typical Unit Distribution Penthouse Unit Distribution

DRAFT INTERNAL USE ONLY


























PropNex Realty Pte Ltd takes due measures to ensure that the all information provided are as reliable as possible but will not be responsible for any wrong or inaccurate information that has been featured herein. PropNex Realty Pte Ltd does not make any representation, endorsement, warranty or guarantee the completeness or accuracy of the information and materials provided above. PropNex Realty Pte Ltd, its parent company P&N Holdings, its staff, directors and associates shall be indemnified and will not be held liable for any direct, indirect, special or consequential loss or damage that may arise out of or in any way connected with any error, omission, the use of or reliance on information or with the inability to use the same, whether resulting in whole or in part, from breach of contract, tortious behaviour, negligence, strict liability or otherwise.

Fact Sheet

Project Name Sea Horizon

Developer Hao Yuan Development Pte Ltd

General Description PROPOSED ERECTION OF 4 BLOCKS OF 10 STOREYS, 3 BLOCKS OF 11 STOREYS, 2 BLOCKS OF 12 STOREYS AND 3 BLOCKS OF 13 STOREYS EXECUTIVE CONDOMINIUM (TOTAL 495 UNITS) WITH ENVIRONMENTAL DECK CAR PARK, SWIMMING POOL AND COMMUNAL FACILITIES ON LOT 4838K MK 31 AT PASIR RIS DRIVE 3 / PASIR RIS RISE (PASIR RIS PLANNING AREA)

Address Condominium Block 1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 21, 23 Pasir Ris Drive 3

Status Executive Condominium

Location PASIR RIS DRIVE 3 / PASIR RIS RISE

Total no. of units 495

Land Size 27,660sqm

Tenure of land 99 Years Leasehold Commencing From 25 February 2013

Developer’s lic no. C1079

Lot No.: Lot No. 4838K of Mukim 31, Singapore

BP approval P280113-24C2-Z000 dated 17 Jun 2013

Date of Legal TOP Date of Legal Completion

25 November 2016 25 November 2019

Project Account Malayan Banking Berhad for Project A/c No. 04011503676 for Hao Yuan Development Pte. Ltd

Showflat Type E2 – 5 Bedroom C2 – 3 Bedroom

Ceiling Height (For general spaces of Living room and bedrooms only, kitchen & bathroom varies)

1st floor PES– 3.2m 2nd floor PES and typical units - 2.9m

No of carpark Total 500 lots (inclusive 5 handicap lots)

Carpark Covered Carpark


Consultants

Architect AGA Architects Pte Ltd

Facilities: 1. Entrance 2. Pick Up / Drop off Point 3. Guard House 4. Glazier plaza

a. Outdoor BBQ b. Kid’s Cabin c. Children Dry Play

5. Spa By The Terrace 6. Terrace Garden 7. Alcove Garden 8. Glazier Pool (Swimming Pool) 9. Glazier Pool (Dip Pool) 10. Pool Deck 11. Eco-Promenade 12. Aka Pool (Swimming Pool) 13. Aka Lounge Deck 14. Children Wading Pool 15. Floating Children Play 16. Sun Deck 17. Eco-Pavilion (Teppanyaki) 18. Eco-Pavilion (BBQ) 19. Alpine Terrace 20. Forest Edge 21. Cottage Garden 22. Sky Clubhouse 23. Terrace Court 24. Eco-Garden Deck 25. Fitness Pad 26. Tennis Court


Block No

No. of units per flat type Total per block

2-

Room

3-

Room

4-

Room

5-

Room

Penthouse

1 22 18 - - 1 41

3 - 22 7 9 1 39

5 - 20 7 8 1 36

7 - 9 24 1 2 36

9 - 9 24 1 2 36

11 - 9 16 9 2 36

13 - 20 9 9 2 40

15 - 24 11 11 2 48

17 - 12 23 11 2 48

19 - 12 22 12 2 48

21 - 11 20 11 2 44

23 - 21 10 10 2 43

Total per

flat type

22 187 173 92 21 495


Unit Features

Finishes & Fittings 1 FINISHES

1.1 Wall (For Apartment)

1.1.1 Living, Dining,

Hallway to

Bedrooms,

Bedrooms, Yard,

open court, PES

and Balcony

Cement and Sand plaster and/or

Cement skim coat with paint finish

to exposed surfaces only

1.1.2 Bathrooms,

Kitchen

Porcelain and/or Ceramic and/or

Homogenous Tiles

1.2 Wall (For Common Areas)

1.2.1 Lift Lobby,

Car Park,

Staircases,

Corridors and

other Common

Areas

Porcelain and/or Ceramic/and or

Homogenous Tiles to designated

areas and Cement and sand plaster

with paint finish

1.3 Floor (For Apartment)


Hallway to

Bedrooms, Yard,

open court, PES

and Balcony

Porcelain and/or Ceramic Tiles with

skirting

1.3.2 Bedrooms Laminated flooring with skirting

1.3.3 Bathrooms,

Kitchen

Porcelain and/or Ceramic Tiles

1.4 Floor (For Common Areas)

1.4.1 Lift Lobbies,

Staircases,

Corridors and

Other Common

Areas

Cement/Sand screed and/or

Homogeneous and/or Ceramic Tiles

and/ or Pebble wash and/or

Concrete flooring to designated

areas

1.5 Ceiling (For Apartment)


Bedrooms,

Kitchen, Yard,

Bathroom, and

Balcony

Cement skim coat and /or

Cement/Sand screed and/or Ceiling

board and/or Box up to designated

area with paint finish

1.5.2 Hallways from Fibrous plaster ceiling in selected


living to

bedrooms

paint finish

1.6 Ceiling (For Common Areas)

1.6.1 Lift Lobbies,

Common

Corridor and

Letter Box

Fibrous plaster ceiling in selected

paint finish

2.0 FITTINGS

2.1 Master Bath

2.1.1 1 glass shower compartment complete with shower

mixer and hand shower set

2.1.2 1 pedestal wash basin and mixer tap

2.1.3 1 water closet

2.1.4 1 toilet paper holder

2.1.5 1 towel rail

2.1.6 1 mirror

2.2 Bath

2.2.1 1 glass shower compartment complete with shower

mixer and hand shower set

2.2.2 1 pedestal wash basin and mixer tap

2.2.3 1 water closet

2.2.4 1 toilet paper holder

2.2.5 1 towel rail

2.2.6 1 mirror

2.3 WC

2.3.1 1 wall hung wash basin with tap

2.3.2

2.3.3

1 water closet

1 toilet paper holder

2.4 Kitchen

2.4.1 1 Kitchen sink and tap

2.4.2 1 Cooker hob and hood

2.5 Yard


2.5.1 1 Bib tap for washing machine with cast-in drain pipe

2.6 Private Enclosed Space (PES) or Roof Terrace or Open Court

2.6.1 1 Bib tap

Special Features/Additional

Items (If applicable)

External Internal

Barbeque Pit

Swimming Pool

Jogging Track

Glass Railing

Composite Timber at Balcony

Kitchen Cabinet

Tennis Court Wardrobe

Air – Conditioner for

Bedroom, Living & Dining

Water Heater

Shower Compartment


UNIQUE SELLING POINT

Executive Condominium with panoramic sea views

No ABSD

No Resale Levy for 2nd Timer

Up to $30k housing grant for 1st Timer

Normal Payment Scheme & Deferred Payment Scheme Available

2 mins to Downtown East; Wild Wild Wet

Proximity To Pasir Ris Beach & Pasir Ris Beach

Located Near Pasir Ris MRT & Bus Interchange

Short Drive to Changi International Airport, Singapore Expo, Changi City Point, Tampines Regional Centre, Tampines Courts, Ikea & Giant

Near to International School – UWCSEA & Singapore’s 4th University (SUTD)

Wide Distance between the blocks

Person-in-charge Contact No.:

Eric Hoe (Team Leader) 96227570

Ken Lam (2nd I/C) 90028631

Allen Khong (3rd I/C) 93897333

Kelvin Tan (Group Leader) 98504499

Clement Kuan (Group Leader) 83828585

Desmond Tan (Group Leader) 92302153

Jag (Group Leader) 94884904

Becks Lim (Group Leader) 98506655

Articles

Articles

Articles

Articles

MAS Notice 645 Total Debt Servicing Ratio & MAS Notice 632 Residential Property Loan With effect from 29 June 2013, Saturday (Condensed presentation deck for external parties)

1

Highlights of new measures effective 29 June 2013

2

1. Consider monthly repayments of new loan and all other debts.

2. Applies to property loans for Singapore & overseas residential/non-

residential properties, to individuals or entities set up solely to purchase

property;

3. Total debt servicing ratio (TDSR) is capped at 60%.

4. Calculate new loan repayments using min 3.5% for residential property

loans;

5. All borrowers to be mortgagors (OTP on or after 29 Jun 13);

6. Guarantors to be co-borrowers;

7. For joint borrowings, the income-weighted average age of borrowers to

be used;

8. Haircut of at least 30% on variable income & rental; and

9. Haircut on the value of financial assets if used in calculating income.

Applications of MAS Notice 645 & MAS Notice 632

3

Notice 632 Residential Property Loan

Notice 645 Total Debt Servicing Ratio

• Properties in Singapore & overseas

• Residential, commercial, industrial

(including land, construction loan)

• Individuals & entities set up specifically

to purchase properties

• Singapore residential properties

• Individuals and entities purchasing

properties.

TDSR for loan eligibility LTV, tenor, income-weighted average age,

borrower to be mortgagor

Ap

plica

tio

n

Exclu

sio

n • Bridging Loan up to 6 months

• Credit facility secured by pool of

collateral including property where the

market value of the subject property is <

50% of the pool of collateral

• Credit facility granted by a bank to a

Property Developer to purchase

residential property for development.

60%

Instalment

(Single)

Existing

Instalment

(Joint)

Credit Card (unsecured

revolving)

Secured

Revolving

Guarantor HDB or

EC fr Dev

Instalment

on subject

loan

3.5% for HL

Existing:

Statement

Apportion to

income

contribution

for existing

joint debts

(evidence of

joint’s income)

Min

Payment in

latest stmt

or interest on

full limit

Outstanding

in latest stmt

or interest on

full credit limit

20% of

credit

facilities

(including

corporate)

Excluded MI of existing

property if buying HDB/EC

from developer

• 1st resi pty to be sold

• No o/s facility on any pty except

HL on 1st pty to be sold

• No other pty singly or jointly

Total Debt Servicing Ratio for PHL & HDB

70% average

last 12 months

exc. employer

CPF; OR

70% NOA

divided by 12

100% Fixed +

70% Variable

OR

100% NOA

divided by 12

70% if borrower

is the landlord.

Submit stamped

tenancy agreement

with min 6 months

% deduction on

value divide 48

% Deduction Pledge ≥ 4yr

for subject loan

Unpledged /

Pledge < 4 yr

SGD Deposit 0% 70%

Non Pty Asset 30% 70%

Fixed Variable Fixed +

Variable Rental Assets

(unpledged)

100% monthly

income

exclude

employer CPF

≤

HDB Refinancing exc from MSR 30% cap • OTP prior 12 Jan 13 • Only property • Occupied by borrower • No facility on other pty

30%

HDB Purchase

Exclude instalment on existing HDB if • 1 residential pty to be sold • No o/s facility on any pty except HL on pty to be sold

• No other pty singly or jointly

Mortgage Servicing Ratio for HDB

Instalment (Single)

Existing Instalment

(Joint)

≤

Apportion to income contribution of existing Property Loan (evidence of joint borrower’s income)

Subject loan: Interest at 3.5% for residential loan Existing Pty Loans: Instalment in statement

70% average

last 12 months

exc. employer

CPF; OR

70% NOA

divided by 12

100% Fixed +

70% Variable

OR

100% NOA

divided by 12

70% if borrower

is the landlord.

Submit stamped

tenancy agreement

with min 6 months

% deduction on

value divide 48

% Deduction Pledge ≥ 4yr

for subject loan

Unpledged /

Pledge < 4 yr

SGD Deposit 0% 70%

Non Pty Asset 30% 70%

Fixed Variable Fixed +

Variable Rental Assets

(unpledged)

100% monthly

income

exclude

employer CPF

Applications of MAS Notice 645 & MAS Notice 632

6

Notice 632 Residential Property Loan

Notice 645 Total Debt Servicing Ratio

• Properties in Singapore & overseas • Residential, commercial, industrial

(including land, construction loan) • Individuals & entities set up specifically

to purchase properties

• Singapore residential properties • Individuals and entities purchasing

properties.

TDSR for loan eligibility LTV, tenor, income-weighted average age, borrower to be mortgagor

Ap

pli

ca

tio

n

Ex

clu

sio

n • Bridging Loan up to 6 months

• Credit facility secured by pool of collateral including property where the market value of the subject property is < 50% of the pool of collateral

• Credit facility granted by a bank to a Property Developer to purchase residential property for development.

Income weighted average age (IWAA) is computed for joint

borrowings in order to determine tenure (guided by MAS 632)

7

Income of Younger Borrower >

Income of Older Borrower

Income of Younger Borrower <

Income of Older Borrower

Outcome IWAA is lower

Loan tenure is longer

IWAA is higher

Loan tenure is shorter

Income-

Weighted

Average Age

(IWAA)

A age 30 earns $7,000 pm

B age 50 earns $3,000 pm

IWAA = (30 x $7K) + (50 x $3K)

$7K + $3K

= 36 years

A age 30 earns $3,000 pm

B age 50 earns $7,000 pm

IWAA = (30 x $3K) + (50 x $7K)

$3K + $7K

= 44 years

Loan Tenure

Please refer to MAS

632 LTV chart

(next slide)

Max Tenure = 35 yrs (60% LTV) Max age of 75 years less IWAA, capped

at 35 years. As 75 – 36 = 39 is higher

than cap, max is 35 years

Tenure for 80% LTV = 29 yrs Tenure ≤ 30 years & < age 65 on

maturity, i.e. tenure is 65 - 36 = 29 years

Max Tenure = 31 Years (60% LTV) Max age of 75 years less IWAA, capped

at 35 years. As 75 – 44 = 31 is lower than

cap, max is 31 years

Tenure for 80% LTV = 21 years Tenure ≤ 30 years & < age 65 on

maturity, i.e. tenure is 65 - 44 = 21 years

≤ 65

yrs

> 65

yrs

Up to

30 Yrs

31 to

35 Yrs

Note: LTV for corporate entities is 20%

80% 60%

Loan

Tenure

Sum of Tenure

& Age of

Borrower (at application)

Loan-

To-Value

No of Home

Loans including

this application

5% 10% Cash

Down

Payment

1st

Home Loan

60%

10%

≤ 65

yrs

> 65

yrs

Up to

30 Yrs

31 to

35 Yrs

50% 30%

25% 25%

2nd

Home Loan

30%

25%

≤ 65

yrs

> 65

yrs

Up to

30 Yrs

31 to

35 Yrs

40% 20%

25% 25%

3rd & sub.

Home Loan

20%

25%

8

No change to LTV rules under MAS 632 for Singapore Properties for

New Purchase w.e.f. 12 Jan 13 (OTP/S&P Date)

Every $100K loan or $125K house price requires $750 monthly

income (max 80% LTV for 30 years tenure)

9

House Price Loan Amount Monthly Income

$ 125,000 $ 100,000 $ 750

$ 750,000 $ 600,000 $ 4,500

$ 1,000,000 $ 800,000 $ 6,000

$ 1,250,000 $ 1,000,000 $ 7,500

$ 1,500,000 $ 1,200,000 $ 9,000

Every

$100K loan

+$750 income

10

$1000 debt requires additional $1,670 monthly income to

support the commitment. Every $100K deposits will reduce

monthly income required by $625.

House Price Loan Amount

Monthly

Income

(30 Yrs)

Monthly

Income with

$1000 Debt

Monthly Income

with $1K Debt +

$100K Deposits*

$125,000 $100,000 $750 $2,420 $1,795

$750,000 $600,000 $4,500 $6,160 $5,535

$1,000,000 $800,000 $6,000 $7,660 $7,035

$1,250,000 $1,000,000 $7,500 $9,160 $8,535

$1,500,000 $1,200,000 $9,000 $10,650 $10,025

* Deposits placed with a Singapore Bank and must show evidence of funds prior to the first loan drawdown

(latest bank statement prior to solicitor’s advice to drawdown)

11

Before After

Household Income (S$) 10,000 10,000

Max monthly repayment with 60% TDSR 6,000 6,000

1st Property Buyer, Max LTV 80%

Interest rate 2.80% 3.50%

Tenure (years) 30 30

Max loan amount on $6K monthly repayment 1,460,225 1,336,165

Max 1st property value 1,825,285 1,670,210 (-8%)

Illustration No 1: For a first time private property buyer with

average household income of $10K and no debts, the buyer can

afford property priced 8% lower than before the TDSR rules.

Illustration No 2: For a 2nd time property buyer with an existing

home loan, the max property price he can afford is 8% less than

prior to the new rules

12

Before After

Household Income (S$) 10,000 10,000

Max monthly repayment with 60% TDSR 6,000 6,000

Existing Home Loan

Loan Amount 800,000 800,000

Interest Rate 1.30% 1.30%


Monthly Repayment 2,685 2,685

2nd Property Buyer, Max LTV 50%

Interest rate 2.80% 3.50%


Max loan amount with existing HL $800K HL 806,816 738,270

Max 2nd property value 1,613,631 1,476,539 (-8%)

13

Disclaimer

The information provided herein is intended for general information and discussion purposes only. It does not

take into account the specific investment objectives, financial situation or particular needs of any particular

person.

Without prejudice to the generality of the foregoing, please seek advice from an independent financial and legal

adviser regarding the information provided herein taking into account your specific objectives, financial situation

or particular needs before you make a commitment to purchase any property and/or borrow from any entity or

institution to finance the purchase of the property. This does not constitute an offer or solicitation to provide loan

or financing to any particular person or to enter into a transaction.

No representation or warranty whatsoever (including without limitation any representation or warranty as to

accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without

limitation any statement, figures, opinion, view or estimate) provided herein is given by OCBC Bank and it should

not be relied upon as such. OCBC Bank does not undertake an obligation to update the information or to correct

any inaccuracy that may become apparent at a later time. All information presented is subject to change without

notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or

indirectly howsoever in connection with or as a result of any person acting on any information provided herein.

The information provided herein may contain projections or other forward looking statement regarding future

events or future performance of countries, assets or markets. Actual events or results may differ materially. Past

performance figures are not necessarily indicative of future or likely performance. Any reference to any specific

entity, authority, area, figures, property or asset class in whatever way is used for illustrative purposes only and

does not constitute a recommendation on the same.

This presentation and its contents are considered proprietary information and may not be reproduced or

disseminated in whole or in part without OCBC Bank’s written consent.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 35

1.00% 838 421 282 213 171 143 123 108 97 88 80 74 68 64 60 56 53 51 48 46 44 42 41 39 38 36 35 34 33 32 28

1.25% 839 422 283 214 172 144 124 110 98 89 81 75 69 65 61 57 54 52 49 47 45 43 42 40 39 38 36 35 34 33 29

1.50% 840 423 284 215 173 145 125 111 99 90 82 76 71 66 62 59 56 53 50 48 46 44 43 41 40 39 38 36 35 35 31

1.75% 841 424 285 216 174 146 127 112 100 91 83 77 72 67 63 60 57 54 52 49 47 46 44 43 41 40 39 38 37 36 32

2.00% 842 425 286 217 175 148 128 113 101 92 84 78 73 68 64 61 58 55 53 51 49 47 45 44 42 41 40 39 38 37 33

2.25% 844 427 288 218 176 149 129 114 102 93 86 79 74 69 66 62 59 56 54 52 50 48 46 45 44 42 41 40 39 38 34

2.50% 845 428 289 219 177 150 130 115 103 94 87 80 75 71 67 63 60 58 55 53 51 49 48 46 45 44 42 41 40 40 36

2.75% 846 429 290 220 179 151 131 116 105 95 88 82 76 72 68 64 61 59 56 54 52 51 49 47 46 45 44 43 42 41 37

3.00% 847 430 291 221 180 152 132 117 106 97 89 83 77 73 69 66 63 60 58 55 54 52 50 49 47 46 45 44 43 42 38

3.25% 848 431 292 222 181 153 133 118 107 98 90 84 79 74 70 67 64 61 59 57 55 53 51 50 49 48 46 45 44 44 40

3.50% 849 432 293 224 182 154 134 120 108 99 91 85 80 75 71 68 65 62 60 58 56 54 53 51 50 49 48 47 46 45 41

3.75% 850 433 294 225 183 155 136 121 109 100 93 86 81 77 73 69 66 64 61 59 57 56 54 53 51 50 49 48 47 46 43

4.00% 851 434 295 226 184 156 137 122 110 101 94 88 82 78 74 71 68 65 63 61 59 57 55 54 53 52 51 50 49 48 44

4.25% 853 435 296 227 185 158 138 123 112 102 95 89 84 79 75 72 69 66 64 62 60 58 57 55 54 53 52 51 50 49 46

4.50% 854 436 297 228 186 159 139 124 113 104 96 90 85 80 76 73 70 68 65 63 61 60 58 57 56 54 53 52 51 51 47

4.75% 855 438 299 229 188 160 140 125 114 105 97 91 86 82 78 74 72 69 67 65 63 61 60 58 57 56 55 54 53 52 49

5.00% 856 439 300 230 189 161 141 127 115 106 99 92 87 83 79 76 73 70 68 66 64 63 61 60 58 57 56 55 54 54 50

5.25% 857 440 301 231 190 162 143 128 116 107 100 94 89 84 80 77 74 72 69 67 66 64 62 61 60 59 58 57 56 55 52

5.50% 858 441 302 233 191 163 144 129 118 109 101 95 90 85 82 78 76 73 71 69 67 65 64 63 61 60 59 58 58 57 54

5.75% 860 442 303 234 192 165 145 130 119 110 102 96 91 87 83 80 77 74 72 70 68 67 65 64 63 62 61 60 59 58 55

6.00% 861 443 304 235 193 166 146 131 120 111 104 98 92 88 84 81 78 76 74 72 70 68 67 66 64 63 62 62 61 60 57

RatesLoan Period (year)

Instalment Factor TableMonthly Instalment for every S$10,000 LOAN (Daily Reset)

Figures are estimates and for reference ONLY

Date: __________

CASHFLOW ANALYSIS

Property : _______________ Unit No. : _______________ Property Price _______________ Stamp Duty (Purchase Price x 3% -$5,400) (After Exercise S & P) _______________ Legal Fee _______________ ABSD (If Applicable) ______________ 5% Booking/Option Fee _______________ (Cash / Cheque) 15% Upon 8 Weeks _______________ (Cash / CPF) 10% Disbursement (Foundation Work) _______________ (Cash / CPF / Loan) 10% Disbursement (Concrete Framework) _______________ (Cash / CPF / Loan) 5% Disbursement (Brick Walls) _______________ (Cash / CPF / Loan) 5% Disbursement (Ceiling) _______________ (Cash / CPF / Loan) 5% Disbursement (Doors & Window Frame) _______________ (Cash / CPF / Loan) 5% Disbursement (Carpark) _______________ (Cash / CPF / Loan) 25% Disbursement (Upon T.O.P) _______________ (Cash / CPF / Loan) 15% Disbursement (Upon C.S.C.) _______________ (Cash / CPF / Loan) Total Cash _______________ Total CPF _______________ Loan Required _______________ (_______% of Purchase Price)

Agent Name: _______________ HP: _______________ Note: This is an ESTIMATE only.

Date: __________

CASHFLOW ANALYSIS



Date: __________

CASHFLOW ANALYSIS



Date: __________

CASHFLOW ANALYSIS



Page 2 of 2 Pink Form FIN-FM-13.00 11/12/09

BUYER

Name(1): NRIC NO.

Name(2): NRIC NO

Correspondence Address:

Contact Number: (H) (HP) (O)

Solicitor’s Name & Address (if applicable):

Attention to: Contact No.:

Special Instructions: Agent’s Signature & Date:

FOR OFFICE USE

CSO OTP Form Comm Agrmt Co-broke Agrmt Booking Form

Page 2 of 2 Pink Form FIN-FM-13.00 11/12/09

BUYER

Name(1): NRIC NO.

Name(2): NRIC NO

Correspondence Address:

Contact Number: (H) (HP) (O)

Solicitor’s Name & Address (if applicable):

Attention to: Contact No.:

Special Instructions: Agent’s Signature & Date:

FOR OFFICE USE

CSO OTP Form Comm Agrmt Co-broke Agrmt Booking Form

AUTHORISATION FORM

I / We _____________________________________ (Applicant 1) of NRIC No.: __________________,

__________________________________________ (Applicant 2) of NRIC No.: __________________,



Hereby authorize __________________________________________________ (Salesperson’s name)

___________________________ (CEA No.) ____________________________ (Handphone No.) from

PropNex Realty Pte Ltd, to submit my/ our e-application for Sea Horizon using my/ our NRIC(s),

payslip(s), and/or other relevant documents to prove eligibility.

I/ We are aware that the Developer reserves the right to reject the application if there are insufficient supporting documents to determine eligibility or if we do not meet the eligibility requirements.

I/ We are aware that I/ We (or our appointed Proxy) have to be physically present to make a booking on the booking day.

Dated this ____________ day of _________________ 20_____

Signature of Applicant 1: Signature of Applicant 2:

_____________________________ ______________________________

Name/ NRIC: Name/ NRIC:

Date: Date:


_____________________________ ______________________________


Date: Date:

PROXY FORM

This Proxy Form is to be used if you nominate an adult family member to attend to a booking of an executive condominium flat on your behalf at Sea Horizon EC.

To : Hao Yuan Investment Pte Ltd (“the Developer”)

Dear Sirs,

APPLICATION FOR AN EXECUTIVE CONDOMINIUM FLAT AT SEA HORIZON EC (“the EC Unit”)

I, ____________________ (NRIC No: _______________) of _____________________________ (address) wish to apply for the EC Unit with my co-applicant ______________________________, (NRIC No: _______________) of __________________________________________ (address).

I/We would like to appoint *Mr/Mdm/Miss ____________________________, (NRIC No: ____________)

of ______________________________________________ (address) (“the Proxy”), who is my/our

_________________ (state relationship), to do the following on my/our behalf in respect of the EC Unit:-

a. book an EC Unit; b. complete any documents/forms which are required by the Developer; c. acknowledge receipt of the Option to Purchase (“Option”) (if and when it is issued) from you.

I/We hereby irrevocably authorise the Proxy to act on my/our behalf to fufill and complete the above tasks until you have received written confirmation from me/us otherwise. I/We will bear full responsibility if the Proxy fails to perform any of the above as authorised by me/us and I/We shall indemnify and at all times keep you indemnified in the event of any losses, damages, actions, claims, costs and expenses whatsoever that may arise in relation to this appointment.

I/We also understand that:- a. by authorising the Proxy to complete any documents/forms which are required by the

Developer, any choices made by the Proxy would be officially binding on me/us, without prejudice to paragraph (e) below;

b. no amendments to the Option to Purchase will be allowed once my/our name(s) is/are inserted on the Option to Purchase;

c. only I/we am/are entitled to exercise the Option and I/we am/are not allowed to nominate any other person to exercise the Option on my/our behalf;

d. the Developer has the final discretion to accept or reject my/our booking of an EC Unit in the event of any dispute which may arise in relation to this appointment; and

e. I am/We are to personally sign the Sale and Purchase Agreement in respect of the EC Unit and all side letters or documents that may be required by the Developer, and not my/our Proxy; in the event of any discrepancy or conflict between my co-applicant’s and my/our Proxy’s submission, the Developer will have the full and unfettered discretion to reject my/our application; and

f. the Proxy is required to produce his/her original NRIC upon request by the Developer. g. Forfeiture will apply should sales be terminated prematurely by the purchasers.

Yours faithfully Name and signature of Applicant(s) Name and signature of Applicant(s) Date: ________________________________ *Please note that only adult family members/relatives of the applicant(s) can be appointed as the Proxy. Marketing agents or housing agents will not be allowed to be proxies of the applicant(s).

AUTHORISATION FORM

I / We _____________________________________ (Applicant 1) of NRIC No.: __________________,




Hereby authorize __________________________________________________ (Salesperson’s name)

___________________________ (CEA No.) ____________________________ (Handphone No.) from

PropNex Realty Pte Ltd, to submit my/ our e-application for Sea Horizon using my/ our NRIC(s),

payslip(s), and/or other relevant documents to prove eligibility.

I/ We are aware that the Developer reserves the right to reject the application if there are insufficient supporting documents to determine eligibility or if we do not meet the eligibility requirements.

I/ We are aware that I/ We (or our appointed Proxy) have to be physically present to make a booking on the booking day.

Dated this ____________ day of _________________ 20_____


_____________________________ ______________________________


Date: Date:


_____________________________ ______________________________


Date: Date:

PROXY FORM

This Proxy Form is to be used if you nominate an adult family member to attend to a booking of an executive condominium flat on your behalf at Sea Horizon EC.

To : Hao Yuan Investment Pte Ltd (“the Developer”)

Dear Sirs,

APPLICATION FOR AN EXECUTIVE CONDOMINIUM FLAT AT SEA HORIZON EC (“the EC Unit”)

I, ____________________ (NRIC No: _______________) of _____________________________ (address) wish to apply for the EC Unit with my co-applicant ______________________________, (NRIC No: _______________) of __________________________________________ (address).

I/We would like to appoint *Mr/Mdm/Miss ____________________________, (NRIC No: ____________)

of ______________________________________________ (address) (“the Proxy”), who is my/our

_________________ (state relationship), to do the following on my/our behalf in respect of the EC Unit:-

a. book an EC Unit; b. complete any documents/forms which are required by the Developer; c. acknowledge receipt of the Option to Purchase (“Option”) (if and when it is issued) from you.

I/We hereby irrevocably authorise the Proxy to act on my/our behalf to fufill and complete the above tasks until you have received written confirmation from me/us otherwise. I/We will bear full responsibility if the Proxy fails to perform any of the above as authorised by me/us and I/We shall indemnify and at all times keep you indemnified in the event of any losses, damages, actions, claims, costs and expenses whatsoever that may arise in relation to this appointment.

I/We also understand that:- a. by authorising the Proxy to complete any documents/forms which are required by the

Developer, any choices made by the Proxy would be officially binding on me/us, without prejudice to paragraph (e) below;

b. no amendments to the Option to Purchase will be allowed once my/our name(s) is/are inserted on the Option to Purchase;

c. only I/we am/are entitled to exercise the Option and I/we am/are not allowed to nominate any other person to exercise the Option on my/our behalf;

d. the Developer has the final discretion to accept or reject my/our booking of an EC Unit in the event of any dispute which may arise in relation to this appointment; and

e. I am/We are to personally sign the Sale and Purchase Agreement in respect of the EC Unit and all side letters or documents that may be required by the Developer, and not my/our Proxy; in the event of any discrepancy or conflict between my co-applicant’s and my/our Proxy’s submission, the Developer will have the full and unfettered discretion to reject my/our application; and

f. the Proxy is required to produce his/her original NRIC upon request by the Developer. g. Forfeiture will apply should sales be terminated prematurely by the purchasers.

Yours faithfully Name and signature of Applicant(s) Name and signature of Applicant(s) Date: ________________________________ *Please note that only adult family members/relatives of the applicant(s) can be appointed as the Proxy. Marketing agents or housing agents will not be allowed to be proxies of the applicant(s).

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