Professional Documents
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Recent Transacted Address Size Price PSF Contract Built Tenure Type*
118 Kim Seng Road #15-10 1,399 $2,590k $1,851 Mar 10, 2010 Uncompleted Freehold Sub Sale
116 Kim Seng Road #27-05 2,217 $4,702k $2,121 Feb 25, 2010 Uncompleted Freehold Sub Sale
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112 Kim Seng Road #12-02 1,797 $3,380k $1,880 Feb 9, 2010 Uncompleted Freehold Sub Sale
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The intent of this report is to provide you with important information that will help you
Please keep in mind that it is impossible to derive the undisputed value of a home solely from
market data. Ultimately, each real estate transaction is unique, with the buyer and seller
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
making the market by agreeing on a price that is mutually acceptable. Therefore, we believe
home pricing is a combination of quantitative analysis and qualitative judgment. The Home
Report helps you analyze the numbers, but that is only part of the pricing process. You must
also use your judgment, along with that of trusted advisors, to arrive at a pricing solution that
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takes into consideration the market numbers and the unique characteristics of the property.
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In analyzing the numbers found in the Home Report, we recommend that you follow these
steps:
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1. Understand the big picture. What direction are residential prices moving?
2. Identify Condominium projects that are similar, or comparable, to The Trillium.
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3. Identify the prices that similar, or comparable, units within The Trillium sold for, in
the recent past.
4. Determine a Possible Price for your unit. Then compare that price with other pricing
data points identified in the Home Report. Keep in mind market direction.
5. For renters, understand steps (1) – (4) from the rental perspective.
6. For investors, understand the results (1) – (5) plus the capital gains and rental yields
found in comparable properties.
Basic Information
Category : Condominium
Location : District 9 (Central Region)
Built : Under Construction
Purchase Tenure : Freehold
City Distance : 0.09 km
The location map below shows important amenities within 2 km of the property.
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
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Schools
Finnish Supplementatry School (S'pore 0.86 km
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Land Twr)
Outram Secondary School 0.87 km
Swedish Supplementary School 0.87 km
Overseas Family School 0.89 km
Eton House International School 0.99 km
ISS International School (Elementary) 1.02 km
Gan Eng Seng School 1.14 km
Chatsworth International School 1.17 km
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The Trillium is a Condominium in the Central Region of Singapore. The graph below shows
the relevant price movements between 1990Q1 (1 Jan 1990) and 2010Q1 (31 Mar 2010).
You can compare the different price indexes to help you evaluate the movement of the market.
Property price index is defined as the ratio of the current price per square foot compared to that
in the 4th Quarter of 1998. It is used to monitor the movement of private properties in
Singapore.
Central Condominium refers to the price index of all the Condominiums located in the Central
Region. All Condominiums refers to the price index for all the Condominiums in Singapore. All
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
Private Residential refers to the price index for all private housing types combined, which
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The table below shows the quarterly change in price index over the last 1 year. In the most
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recent quarter of 2010Q1, property prices have changed by 5.1% from the previous quarter.
This graph shows the latest recorded monthly average PSF (Price per Square Foot) for all
Condominium in District 9 where The Trillium is located. It was calculated by taking the
average PSF of all units sold (by caveat lodged) in the district within each month.
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
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The table below lists the monthly average PSF data for the last 15 months shown in the chart.
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Jan 10 $2,035 95
Dec 09 $1,670 42
Nov 09 $1,689 66
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Oct 09 $1,526 74
Sep 09 $1,550 123
Aug 09 $1,555 229
Jul 09 $1,679 276
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Mar 09 $1,296 22
Feb 09 $1,293 10
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Jan 09 $1,340 10
This graph shows the latest recorded monthly average PSF (Price per Square Foot) in the
estate. It was calculated by taking the average PSF of units sold (by caveat lodged) within each
month.
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
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The table below lists the monthly average PSF data for the last 15 months shown in the chart.
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Jan 10 $1,851 1
Dec 09 $1,648 2
Nov 09 $1,780 1
Oct 09 $1,752 4
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Sep 09 $1,660 2
Aug 09 $1,705 3
Jul 09 - 0.0
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Jun 09 $1,572 4
May 09 $1,500 1
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Apr 09 $1,350 1
Mar 09 - 0.0
Feb 09 - 0.0
Jan 09 - 0.0
In the next table, we list the 30 latest unit transaction details from The Trillium. Rows
highlighted in yellow refer to the highest and lowest prices in the table.
118 Kim Seng Road #15-10 1,399 $2,590k $1,851 Mar 10, 2010 Uncompleted Freehold Sub Sale
116 Kim Seng Road #27-05 2,217 $4,702k $2,121 Feb 25, 2010 Uncompleted Freehold Sub Sale
112 Kim Seng Road #12-02 1,797 $3,380k $1,880 Feb 9, 2010 Uncompleted Freehold Sub Sale
118 Kim Seng Road #24-08 2,217 $4,103k $1,851 Jan 27, 2010 Uncompleted Freehold Sub Sale
116 Kim Seng Road #10-06 1,797 $3,138k $1,746 Dec 23, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #04-06 1,797 $2,787k $1,550 Dec 14, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #09-05 2,217 $3,948k $1,780 Nov 23, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #05-07 1,399 $2,300k $1,644 Oct 30, 2009 Uncompleted Freehold Sub Sale
118 Kim Seng Road #24-10 1,399 $2,650k $1,894 Oct 20, 2009 Uncompleted Freehold Sub Sale
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
118 Kim Seng Road #06-09 1,797 $3,000k $1,669 Oct 7, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #07-06 1,797 $3,236k $1,800 Oct 2, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #05-06 1,797 $3,057k $1,700 Sep 15, 2009 Uncompleted Freehold Sub Sale
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116 Kim Seng Road #02-05 2,217 $3,592k $1,620 Sep 4, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #03-06 1,797 $2,850k $1,585 Aug 24, 2009 Uncompleted Freehold Sub Sale
Sub Sale
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116 Kim Seng Road #09-06 1,797 $3,200k $1,780 Aug 20, 2009 Uncompleted Freehold
116 Kim Seng Road #20-07 1,399 $2,450k $1,751 Aug 12, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #22-07 1,399 $2,310k $1,651 Jun 26, 2009 Uncompleted Freehold Sub Sale
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116 Kim Seng Road #02-06 1,797 $2,481k $1,380 Jun 18, 2009 Uncompleted Freehold Sub Sale
118 Kim Seng Road #09-08 2,217 $3,560k $1,605 Jun 15, 2009 Uncompleted Freehold Sub Sale
112 Kim Seng Road #11-02 1,797 $2,967k $1,650 Jun 12, 2009 Uncompleted Freehold Sub Sale
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116 Kim Seng Road #15-05 2,217 $3,327k $1,500 May 26, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #05-06 1,797 $2,427k $1,350 Apr 28, 2009 Uncompleted Freehold Sub Sale
116 Kim Seng Road #13-07 1,399 $2,240k $1,601 May 16, 2008 Uncompleted Freehold Sub Sale
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112 Kim Seng Road #24-01 2,389 $4,780k $2,000 Feb 18, 2008 Uncompleted Freehold Sub Sale
118 Kim Seng Road #07-10 1,399 $2,590k $1,851 Jan 15, 2008 Uncompleted Freehold Sub Sale
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116 Kim Seng Road #25-05 2,217 $4,964k $2,239 Oct 30, 2007 Uncompleted Freehold Sub Sale
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112 Kim Seng Road #18-03 1,399 $2,391k $1,709 Oct 11, 2007 Uncompleted Freehold New Sale
118 Kim Seng Road #05-08 2,217 $3,528k $1,591 Oct 5, 2007 Uncompleted Freehold New Sale
116 Kim Seng Road #08-05 2,217 $3,510k $1,583 Sep 24, 2007 Uncompleted Freehold New Sale
118 Kim Seng Road #16-10 1,399 $2,744k $1,961 Sep 7, 2007 Uncompleted Freehold Sub Sale
Note: Some systems might show transactions caused by duplicate caveats lodged against developer in sub-sales. These misleading
transactions are filtered off in StreetSine.
* Type of Sales - Developer prices are shown in New Sales while individual seller prices are
shown in Sub Sales and Resales within the transactions.
On average, each higher floor in The Trillium fetches a higher price of 0.88%.
Comparable projects are Condominiums that are similar in location, housing type, and age. In
establishing a price for a unit in The Trillium, it is useful to compare The Trillium project with
other Condominium projects. By looking at the PSF (price per square foot) of properties sold
in comparable projects, it is possible to establish a price range for your unit in The Trillium.
Note that this comparison only takes into account historical sale numbers for the entire project.
So it is only one data point to consider. Later we will drill down to comparables at the unit
level. Here is a description of the projects that are most comparable to The Trillium. In the next
question, we will compare the PSF between the projects.
Using the comparables from the previous chart, below we show the latest average PSF in each
project. It is calculated by taking the average PSF of all units that are transacted in the latest
month where transactions are available in the project.
The average PSF for The Trillium was $1,851 in Mar 10.
As way of comparison, the range of average PSF for the other projects was $1,395-$2,012 PSF.
Comparable units are other units that are similar in size (up to ±20%) and floor level (up to ±
10 floors) to THE TRILLIUM, 118 Kim Seng Road #15-10. In establishing a price for this
unit, it is useful to observe the range of prices for which other comparable units were sold.
The table below shows up to the top 10 closest comparable units that have recent transactions
within the last 12 months. The most recent transactions are shown at the top of the table.
118 Kim Seng Road #15-10 1,399 $2,590k $1,851 Mar 10, 2010
116 Kim Seng Road #05-07 1,399 $2,300k $1,644 Oct 30, 2009
118 Kim Seng Road #24-10 1,399 $2,650k $1,894 Oct 20, 2009
116 Kim Seng Road #20-07 1,399 $2,450k $1,751 Aug 12, 2009
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
116 Kim Seng Road #22-07 1,399 $2,310k $1,651 Jun 26, 2009
The range of prices for which comparable units sold was $2,300k-$2,650k.
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The PSF range of comparable units sold was $1,644-$1,894.
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The median PSF for comparable units sold was $1,751 psf. Based on this amount, a median
price based on recent transactions for THE TRILLIUM, 118 Kim Seng Road #15-10 is $
2,449,649 ($ 1,751 psf, 1399sqft)
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What would a typical mortgage for the Median Price based on recent transactions be?
Based on a Median Price of $2,449,649, a 30-year loan at 2.0% interest and 20%
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Another point of interest is the range of prices for which comparable units in similar projects
were sold. Comparable units are similar in size (up to ±20%) and floor level (up to ±10 floors)
to THE TRILLIUM, 118 Kim Seng Road #15-10.
The table below shows up to the top 10 closest comparable units that were sold within the last
12 months. The most recent transactions are shown at the top of the table.
LUMA 6 River Valley Grove #06-03 1,173 $1,962k $1,672 Feb 23, 2010
LUMA 6 River Valley Grove #14-03 1,173 $2,005k $1,709 Feb 5, 2010
LUMA 6 River Valley Grove #12-03 1,173 $1,995k $1,700 Feb 5, 2010
LUMA 6 River Valley Grove #10-03 1,173 $1,985k $1,692 Feb 5, 2010
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
LUMA 6 River Valley Grove #15-03 1,173 $2,010k $1,713 Feb 3, 2010
LUMA 6 River Valley Grove #16-03 1,173 $2,015k $1,717 Feb 3, 2010
LUMA 6 River Valley Grove #13-03 1,173 $2,000k $1,705 Feb 3, 2010
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LUMA 6 River Valley Grove #17-03 1,173 $2,020k $1,722 Jan 27, 2010
LUMA 6 River Valley Grove #11-03 1,173 $1,990k $1,696 Nov 24, 2009
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LUMA 6 River Valley Grove #19-03 1,173 $2,030k $1,730 Sep 9, 2009
The range of prices for which comparable units in similar projects sold was $1,962k-$2,030k.
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The PSF range of comparable units in other similar projects was $1,672-$1,730.
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As of Apr 9, 2010, there are 260 active listings found for sale that are posted within the last 1
month in The Trillium that are complete with pricing and size information.
Days on market describe the age of a property listing from its first posting. The table below
shows a summary of asking PSF for all active listings in The Trillium per the DOM interval.
(refer to Annex for listing details)
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
Days on Market Min. PSF Median PSF Max. PSF No. of listings
0-30 (1 mth) $1,694 $1,984 $2,501 175
31-60 (2 mths) $1,751 $2,000 $2,509 45
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61-90 (3 mths) $1,736 $1,950 $2,207 22
91-120 (4 mths) $1,721 $1,901 $2,072 7
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For listings with days on market less than 2 months, the median asking PSF is $1,999 psf.
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Based on this amount, a median price based on listings for THE TRILLIUM, 118 Kim Seng
Road #15-10 is $ 2,796,601 ($ 1,999 psf, 1399sqft)
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What would a typical mortgage for the Median Price based on listings be?
Based on a Median Price of $2,796,601, a 30-year loan at 2.0% interest and 20%
downpayment, the monthly mortgage is $8,269.
In the previous questions, we drilled down from an overall property market trend to unit
pricing information for THE TRILLIUM, 118 Kim Seng Road #15-10. We observed the price
range of units that are comparable in size and floor levels to our unit.
Each chart, below, combines all the data points into one visual. Ranges 1 & 2 are the HIGH/
LOW transactions of similar units within the last 12 months in The Trillium and other
similar projects respectively. Ranges 3 & 4 are the HIGH/LOW listing prices for The Trillium
and other similar projects within the last 1 month. (Note: Listing prices cover ALL units
regardless of size or floor levels in the project. Refer to Annex for individual listing details.)
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
Use these charts as a reference to arrive at a pricing solution in which you can take comfort.
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B. Renting
The Trillium is a Condominium in Core Central Region of Singapore. The graph below shows
the rental price movements of Condominiums up to 2010Q1 (31 Mar 2010). You can compare
the different rental indexes to help you evaluate the movement of the rental market. Rental
Index is defined as the ratio of the current rental per square foot per month compared with that
in 4th Quarter 1998. It is used to monitor the general rental movement of private properties in
Singapore.
Core Central Condominium refers to the rental index of all the Condominiums located in the
Core Central Region. All Condominiums refers to the rental index for all the Condominiums in
Singapore. All Private Residential refers to the rental index for all private housing types
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
The table below shows the quarterly change in rental index over the last 1 year. In the most
recent quarter of 2009Q4, rentals have changed by 0.9% from the previous quarter.
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The table below shows the latest rental approximations for Condominiums in The Trillium and
other similar projects. Size is based on either the selected unit size or the median transacted
square foot in each project. Note that there is a lag period of at least 1 month in the time a rent
is reported. Therefore, the below points are only a reference point. You should also factor in
the direction of the market.
Footnotes:
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2. Projects marked with * have their project rentals estimated from all Condominiums
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along the same street as the project. This is necessary when there are insufficient
rental data for that project. For uncompleted projects, this may be an indication of its
rental potential.
3. For uncompleted projects without rental history, this table could be a good indication
of rental potential. The rental quartiles are estimated from comparable projects of the
same housing type along the same street.
4. Rental quartiles are based on at least 10 rental contracts signed within a stipulated
period. The data will help you make better informed rental decisions.
5. Actual unit rental depends on other factors such as view, condition and furnishings.
The monthly mortgage based on the last sold price is an indication of part of the current
landlord's cost.
Assumptions
Interest rate : 2.0%
Down payment : 20%
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
C. Investing
1. What return have owners earned from selling their The Trillium
units?
On average, the annual profit/loss experienced for all resale transactions in The Trillium was
1.9%. (Resale is defined as any property that is sold after the original sale from the developer.)
This table was created by calculating the average annual price change for all units that were
bought and held for at least one year and then resold.
118 Kim Seng Road #24-08 2,217 $1,691 psf (Apr 07) $1,850 psf (Jan 10) 9.4% 3.3%
116 Kim Seng Road #10-06 1,797 $1,553 psf (Apr 07) $1,745 psf (Dec 09) 12.4% 4.4%
116 Kim Seng Road #04-06 1,797 $1,638 psf (Apr 07) $1,550 psf (Dec 09) -5.4% -2.1%
116 Kim Seng Road #09-05 2,217 $1,644 psf (Apr 07) $1,780 psf (Nov 09) 8.3% 3.1%
116 Kim Seng Road #05-07 1,399 $1,595 psf (Apr 07) $1,643 psf (Oct 09) 3.0% 1.2%
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118 Kim Seng Road #24-10 1,399 $1,715 psf (Jun 07) $1,893 psf (Oct 09) 10.4% 4.3%
118 Kim Seng Road #06-09 1,797 $1,536 psf (Apr 07) $1,669 psf (Oct 09) 8.6% 3.4%
116 Kim Seng Road #02-05 2,217 $1,521 psf (Apr 07) $1,619 psf (Sep 09) 6.4% 2.7%
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116 Kim Seng Road #09-06 1,797 $1,577 psf (Apr 07) $1,780 psf (Aug 09) 12.9% 5.3%
116 Kim Seng Road #20-07 1,399 $1,738 psf (Apr 07) $1,750 psf (Aug 09) 0.7% 0.3%
116 Kim Seng Road #22-07 1,399 $1,644 psf (Apr 07) $1,650 psf (Jun 09) 0.4% 0.2%
116 Kim Seng Road #02-06 1,797 $1,395 psf (Apr 07) $1,380 psf (Jun 09) -1.1% -0.5%
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118 Kim Seng Road #09-08 2,217 $1,552 psf (Apr 07) $1,605 psf (Jun 09) 3.4% 1.6%
112 Kim Seng Road #11-02 1,797 $1,715 psf (Apr 07) $1,650 psf (Jun 09) -3.8% -1.8%
116 Kim Seng Road #15-05 2,217 $1,541 psf (Apr 07) $1,500 psf (May 09) -2.7% -1.3%
116 Kim Seng Road #05-06 1,797 $1,484 psf (Apr 07) $1,350 psf (Apr 09) -9.0% -4.6%
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116 Kim Seng Road #13-07 1,399 $1,506 psf (May 07) $1,600 psf (May 08) 6.2% 6.2%
2. How does the The Trillium return compare with returns from
sales in comparable projects?
The table below shows the annualized capital gain throughout the history of the project.
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Project First Resale Last Resale Total Resales Avg annual gain
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The table below compares the annualized capital gain of each project using the same period. It
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takes into account only resale of units that were bought within the last 60 months.
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Project First Resale Last Resale Total Resales Avg annual gain
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An Index Price is the last sale price of the unit adjusted for the market’s price change, as
described by the Condominium URA price index. It is based on the investment theory that,
over the long run, a unit’s price reverts to the average price of the market. (For these purposes,
we define "market" as all units of the same housing type in the same region.) In other words,
over time, the price of a unit will not outperform the market. It will not increase (or decrease)
at a greater rate than the overall growth (or decline) of the market.
The table below shows the index PSF for all individual units sold in The Trillium that are
similar in size (± 20%) and floor level (± 1 floor) to THE TRILLIUM, 118 Kim Seng Road #15
-10.
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
Based on an average index PSF of $2,189 psf for these similar units, the average Index Price
for THE TRILLIUM, 118 Kim Seng Road #15-10 is $3,062,411 ($2,189 psf, 1399 sqft).
Address Area sqft Last Sold URA Price Index Change Index PSF
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(2010Q1)
118 Kim Seng Road #15-10 1,399 $1,851 psf (Mar 10) 0.0% (2010Q1 to 2010Q1) $1,851 psf
116 Kim Seng Road #15-07 1,399 $1,751 psf (Jul 07) 20.5% (2007Q3 to 2010Q1) $2,109 psf
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112 Kim Seng Road #16-03 1,399 $1,795 psf (May 07) 30.2% (2007Q2 to 2010Q1) $2,337 psf
116 Kim Seng Road #16-07 1,399 $1,901 psf (Jul 07) 20.5% (2007Q3 to 2010Q1) $2,290 psf
118 Kim Seng Road #16-10 1,399 $1,961 psf (Sep 07) 20.5% (2007Q3 to 2010Q1) $2,362 psf
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Based on an Index Price of $3,062,411, a 30-year loan at 2.0% interest and 20%
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4. How does the index price for THE TRILLIUM, 118 Kim Seng
Road #15-10 compare with the other price ranges discussed earlier?
The chart below shows, in 1 visual, the Index Price and Index Psf with respect to other
transacted and listing price ranges discussed earlier.
Use these charts as a reference to arrive at a pricing solution in which you can take comfort.
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
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The table above shows an estimate of the average comparative rental yield for Condominiums
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Note:
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(a) Assume 20% typical expenses to obtain net income. This covers property taxes,
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Annex A
To derive the rental yield of a project, we will find the average yield of 3 sample units. The
first unit is a typical rented unit with low rent (25th percentile). The second one represents
medium rent (50th percentile) and third one represents a unit with high rent (75th percentile).
Avg Gross Yield: 2.95% Avg Net Yield: 2.36% Avg ROE: 3.79%
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Annex B
All listings are active as at Apr 9, 2010. They are last posted within 1 month from various
sources. Highlighted in yellow are the highest and lowest asking prices / psf.
sqft rooms on
Market
The Trillium, 116, #08 ABOVE $4,620k $2,084 2,217 4 Apr 1, 2010 8
The Trillium $4,780k $2,000 2,389 5 Apr 1, 2010 27
The Trillium, 118, #11 ABOVE $2,611k $1,956 1,335 3 Mar 25, 2010 15
The Trillium, 116, #20 ABOVE $2,588k $1,850 1,399 2 Mar 18, 2010 22
The Trillium, 118, #15 ABOVE $3,506k $1,950 1,797 3 Mar 18, 2010 22
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The Trillium, 118, #10 ABOVE $3,078k $2,200 1,399 2 Mar 11, 2010 29
The Trillium, #13 ABOVE $5,378k $2,250 2,389 5 Mar 11, 2010 29
Tribeca, 60, #21 ABV $1,100k $2,129 517 1 Mar 19, 2010 21
Rv Suites, 396, #01 ABOVE $860k $1,598 538 2 Mar 15, 2010 25
sqft rooms
Important Information
StreetSine crunches thousands of numbers to arrive at the analysis found in the Home Report.
Using proprietary algorithms, StreetSine quickly processes raw data from the government and
other publicly available sources, as well as data found in the StreetSine marketplace, to derive
the analysis found in the report. This valuable information is time-sensitive, as the market is
always changing. Therefore, we recommend that you update your understanding of the market
by obtaining the latest Home Report, and discussing the housing market with trusted advisors.
StreetSine Pte. Ltd. collects and collates public information from sources that include user
input, real estate professionals, retail business, and government agencies that include URA,
SLA, Singapore Statistics, etc. StreetSine Ltd. Pte. does not alter or manipulate the accuracy of
that data when it conducts analysis or presents information in its Services. To the best of our
knowledge, the raw data and analytical output are accurate, but no decision should be made
© Lee (HP: 9222 2691) 09 Apr 2010. This report is for exclusive use by Lee.
solely on these numbers. Property investments are subject to risks, including possible loss
of principal amount invested. The value of properties may fall or rise. Past performance
or any prediction or forecast is not necessarily indicative of future performance. Services
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rendered by StreetSine Pte. Ltd. do not constitute and shall not be construed as
constituting investment advice or recommendations and are prepared without regard to
the specific objectives, financial situations or needs of any particular person who may
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receive or use the Services or Site. Investors should study all relevant information and
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you are using information from StreetSine to make decisions regarding the purchase of goods
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consider all your options or alternatives. Your purchase and investment decisions are solely
your responsibility.
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