The Roppongi Tokyo 7-1 ROPPONGI 3-CHOME, MINATO CITY, TOKYO Location: 7-1 Roppongi 3-chome, Minato City, Tokyo Developer: Local Authority: Tenure: Mitsui Fudosan Residential Co., Ltd. Sumitomo Corp. Tokyo Tatemono Co. Ltd. Ken Corporation Ltd. Minato City Freehold Building warranty: 10-year building warranty commenced on October 2011 Completion: October 2011 Page 1 of 6
Location: The Roppongi Tokyo is located approximately a 3-minute walk from Roppongi Station and also within walking distance to 2 major landmarks in Roppongi, Tokyo Midtown and Roppongi Hills. This gives residents quick access to the latest fashion outlets, Michelinstarred restaurants and entertainment facilities such as cinemas and the art museum. Roppongi is well-known as the international centre of Tokyo, where many expatriates for embassies and foreign companies reside, which makes Roppongi one of the most attractive letting markets in Tokyo. Development: The development offers an oppourtunity to invest in a hotel-like residential property in a heart of Roppongi. The 39-storey high-rise development consists of 1, 2 and 3 bed apartments from 12 th to 36 th floors. The development features the highest quality specifications, Mt. Fuji view for upper floors and variety of services such as valet, room service. An option to obtain a guaranteed 5-year corporate lease is also available to purchasers. This high-rise residence is developed by a Tier-I Conglomerate Japanese developer; Mitsui Fudosan Residential Co., Ltd., which has done several residential developments in Singapore with a partnership with Hong Leong Group and also developed major offices, retail assets, hotels, and service apartments. Mitsui Fudosan Residential was placed 2nd in terms of unit supply in Tokyo in 2011. Transport: There are 2 subway lines in Roppongi station, which brings you to major destinations like Ginza and Shinjuku within 10 minutes. Nogizaka station, which is located a 9-minute walk from the development, is one stop away from Omotesando as well as a 16- minute ride to Otemachi, adjacent to the Marunouchi CBD. Page 2 of 6
*travel times are approximate and do not include transferring time or waiting time. Regular shuttles to 2 international airports are available from the hotel within walking distance from the site, taking 65 minutes to Haneda International Airport and 110 minutes to Narita International Airport. Car Parking: Parking spaces are available for rent at 65,000 90,000 (S$879 S$1,217) per month subject to availability *Numbers in Singapore dollars are for reference only (calculated at SGD1=JPY74) The costs below are only a guide, please consult the relevant authorities. One Time Payment Upon Completion Estimated Acquisition Tax: 1 Bedroom 40-C 24,000 = S$324 2 Bedroom 80-G 440,000 = S$5,946 3 Bedroom 100-K 584,000 = S$7,892 Estimated Registration Tax: 1 Bedroom 40-C 430,000 = S$5,811 2 Bedroom 80-G 1,010,000 = S$13,649 3 Bedroom 100-K 1,190,000 = S$16,081 Stamp Duty: Properties 50 million or less 7,500 = S$102 Properties over 50 million 100 millon 22,500 = S$305 Properties over 100 million 500 millon 40,000 = S$541 Estimated Initial Repair Reserve Fund: 1 Bedroom 40-C 259,800 = S$3,511 2 Bedroom 80-G 545,400 = S$7,370 3 Bedroom 100-K 643,200 = S$8,692 Holding Charges and Taxes Estimated Service Charge + Repair Reserve 1 Bedroom 40-C 19,490 = S$263 per month: 2 Bedroom 80-G 40,770 = S$551 3 Bedroom 100-K 48,080 = S$650 Estimated Property Tax per annum: (Fixed Asset & City Planning) 1 Bedroom 40-C 145,000 = S$1,960 2 Bedroom 80-G 379,000 = S$5,122 3 Bedroom 100-K 476,000 = S$6,433 Income Tax: 5% - 40%, depending on the amount of rental income after deducting expenses Page 3 of 6
Capital Gains Tax: (on net gains) 15% - ownership of property for more than 5 years 30% - ownership of property for 5 years or less Guaranteed Rental Return Less Letting Fee: 1 Bedroom : 3.4% 3.6% per annum 2 Bedroom : 3.0% 3.4% per annum 3 Bedroom : 2.7% 3.1% per annum Letting Fee to Managing Agent: Management Fee Guaranteed Included in the rent (approximately 20% of market rent is deducted) Non-Guaranteed 5% of contracted rent Letting Fee Not applicable 1-month rent upon successful leasing Managing Agent: Ken Real Estate Lease Ltd. Yoshihisa Yamaguchi (Mr.) +81 3 5413 5677 y-yamaguchi@ken-lease.co.jp 1-2-7 Nishiazabu, Minato-ku, Tokyo http://www.ken-realestate.jp/eng/top.html Statutory Broker: Jones Lang LaSalle K.K. Kentaro Nakazawa (Mr.) +81 3 5501 9250 Kentaro.nakazawa@ap.jll.com Kentaro Sato (Mr.) +81 3 5501 9250 Kentaro.sato@ap.jll.com Miyo Yasuda (Ms.) +81 3 5501 9250 Miyo.yasuda@ap.jll.com 2-13-10 Nagatacho, Chiyoda-ku, Tokyo http://www.joneslanglasalle.co.jp/japan/en-gb/pages/home.aspx Page 4 of 6
TERMS OF PAYMENT 1) Non-refundable booking fee of S$5,000 is payable upon reservations / exchange of contracts. 2) Down payment of 10% of purchase price is payable no later than 14 March 2013. Booking fee shall be refunded upon payment of Down payment. 3) Exchange of contracts is scheduled on 19 / 20 March 2013 in Singapore. 4) Balance of 90% of the purchase price is payable no later than 19 April 2013. 5) Delivery of property Important note: 1. Mitsui Fudosan Residential Co. Ltd. and Jones Lang LaSalle K.K.(Tokyo) shall conduct scheduled explanatory sessions of Legal Report in front of Purchasers (no substitute) prior to exchange of contracts. 2. Prior to delivery of property, Purchaser or its authorized representative shall conduct a physical inspection of the unit and check the condition. 3. Mitsui Fudosan Residential Co. Ltd. will repair any defect (if found) prior to delivery of property 4. Delivery of property and keys shall be conducted in Tokyo by Purchaser or its authorized representative 5. Purchaser shall be bearing its own stamp duty and other taxes at exchange of contract and delivery of property 6. All payment shall be made in Japanese yen 7. Cost of currency exchange and remittance fee shall be borne by Purchaser 8. Non-cancellable in case the Purchaser fails to obtain debt financing and Down payment shall be forheited DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT (1) Photo Identification National Identification Card (FOR SINGAPOREANS) (2) Passport or any other official identification document issued by a public authority with name, address, birthday and photo Please be advised that the solicitors must have signed and certified the original copies of the above. If the purchase is being taken in a Company name then the following must be provided: a) A copy of the Certificate of Incorporation and Memorandum of Articles and Association. b) Evidence of the Company s registered address. Page 5 of 6
RECOMMENDED MORTGATE ADVISORS National Australia Bank Limited Tokyo Branch Muromachi Higashi Mitsui Building, 2-2-1 Nihonbashi Muromachi Chuo-ku, Tokyo Mr. Richard Henderson Mobile +81 80 2010 4065 richard.henderson@nabasia.com For further enquiries, please contact: MRS. DORIS TAN CEA Reg no. R016994G doris.tan@ap.jll.com Jones Lang LaSalle Residential Pte Ltd 6 Shenton Way #27-11 Tower 2, Singapore 068809 T: (65) 6223 9119 F: (65) 6225 3165 Email: Intl.sales@ap.jll.com Website: www.jllresidential.com/sg Business Registration No: 200805263G Jones Lang LaSalle Residential Pte Ltd for themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars do not constitute, nor constitute any part of an offer or a contract. All statements, contained in these particulars as to this property are made without responsibility on the part of Jones Lang LaSalle Residential Pte Ltd, or vendors or lessors. All descriptions, dimensions, and other particulars are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of the each of them. No person in the employment of Jones Lang LaSalle Residential Pte Ltd has any authority to make or give any representation or warranty whatever in relation to this property. Page 6 of 6