DISCLAIMER: The information contained in this presentation is for general information purposes only and does not have regard to the specific investment objectives, financial situation and the particular needs of any recipient hereof. This presentation is prepared by Research & Consultancy Department of ERA Realty Network Pte Ltd (“ERA”). This presentation may not be published, circulated, reproduced or distributed in whole or in part by any recipient of this report to any other person or parties without the prior written permission of ERA. The information, views or opinions contained in this presentation (“Information”) has been obtained or derived from sources believed by ERA to be reliable. However, ERA is not responsible for and makes no representation as to the accuracy or completeness of such sources or the Information and ERA accepts no liability whatsoever for any loss or damage arising from the use of or reliance in whole or in part on the Information. ERA and its connected persons may have issued other reports expressing views different from the Information and all views expressed in all reports of ERA and its connected persons are subject to change without notice. ERA reserves the right to act upon or use the Information at any time, including before its publication herein. The recipient should not treat the contents of this presentation as advice relating to legal, taxation or investment matters. Any person or party interested in further pursuing the matters contained herein are advised to make their own independent investigations and verification of the Information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances. This presentation does not, nor is it intended to, constitute an offer or a solicitation to purchase or sell any asset or property, or to enter into any legal relations, nor an advice or a recommendation with respect to such asset or property. PROJECT INFO

Project Name : Bartley Vue Architect : P&T Consultants Pte Ltd

LSW Consulting Engineers Developer : Wee Hur (Bartley) Pte. Ltd. C&S Engineer : Pte Ltd

Location : Jalan Bunga Rampai M&E Engineer : Tritont Consulting LLP

No. of Units : 115 Landscape Consultant : Ecoplan Pte Ltd

Wee Hur Construction Pte Tenure : 99 years leasehold Builder (Main Con) : Ltd Site Area / Max GFA : 4,666.6 sqm / 9,800 sqm 2 Blocks of 16-Storey / 2 Project Details : Levels of Basement Land Cost : $885 psf ppr Carparks

2-bedroom Estimated TOP : Jan 2026 Unit Mix : 3-bedroom 4-bedroom

WEE HUR DEVELOPMENT (a wholly-owned subsidiary of Wee Hur Holdings Ltd)

Source: SGX WEE HUR DEVELOPMENT (a wholly-owned subsidiary of Wee Hur Holdings Ltd)

Source: Wee Hur SEAN ZHONG Executive Group Division Director

SEAN ZHONG Executive Group Division Director • 14th year with ERA in the real estate agency business. • I’ve started off with Project Marketing and never looked back. Till date I’ve been involved in countless of new project launches as a Top Project Salesperson and subsequently as Project Division Director, helming; • Stirling Residences • Thomson Impressions • 26 Newton • Whitehouse Residences • Bartley Ridge • ERA‘s Multi-Million Club Achievers 2008/2009/2010/2011/2012/2013/2014

• ERA's Asia Pacific Elite Award Winner 2008/2009/2010/2011/2012/2013/2014 SEAN ZHONG Executive Group Division Director • 14th year with ERA in the real estate agency business. • I’ve started off with Project Marketing and never looked back. Till date I’ve been involved in countless of new project launches as a Top Project Salesperson and subsequently as Project Division Director, helming; • Stirling Residences • Thomson Impressions • Thomson Impressions • The Poiz, Terra Villas • 26 Newton • Novelty Techpoint • Whitehouse Residences • Artra • Bartley Ridge • Hyll on Holland • ERA‘s Multi-Million Club Achievers• City Gate 2008/2009/2010/2011/2012/2013/2014

• ERA's Asia Pacific Elite Award Winner 2008/2009/2010/2011/2012/2013/2014 SEAN ZHONG

When I was young… • I was born in a very ordinary family; • My first job was doing Part Time Service Crew at one of the fast-food restaurant when I was 12 years old; • Over the years, I have realized that my passion is in sales. ABOUT SEAN ZHONG, Executive Group Division Director. 14th year with ERA in the real estate agency business.

I’ve started off with Project Marketing and never looked back. Till date I’ve been involved in countless of new project launches as a Top Project Salesperson and subsequently as Project Division Director, helming;- Stirling Residences Artra Bartley Ridge 26 Newton Hyll on Holland Thomson Impressions Whitehouse Residences City Gate The Poiz, Espada Charlton 18 Terra Villas Bluwaters 28RC Suites Novelty Techpoint Lucida Park Central One (Australia) I Residences and many more others MY PROJECTS SKYVUE TOP Winning Division of SGD$1 Million Incentive (2013) ERA's TOP Project Division Director(2013) ERA's TOP 93rd Achievers 2008 (SILVER) ERA's TOP 42nd Achievers 2009 (GOLD) ERA's TOP 153rd Achievers 2010 (BRONZE) ERA's TOP 54th Achievers 2011 (SILVER) ERA's TOP 32th Achievers 2012 (GOLD) ERA's TOP 46th Achievers 2013 (GOLD) ERA's Top 168th Achievers 2014 (BRONZE) ERA's Multi-Million Club Achievers 2008/2009/2010/2011/2012/2013/2014 ERA's Asia Pacific Elite Award Winner 2008/2009/2010/2011/2012/2013/2014 ERA's TOP PROJECT TEAM (2012/2013) ERA's TOP Project Division Directors (2014/2017) ERA’s TOP Project Division Director 2018 (SILVER) Project Marketing & It’s Pot Of Gold

80% of my Income today comes from Project Marketing.

My first few Projects – The Metropolitan, Trillium, The Wharf, Double Bay Residences, The Minton, Katong Regency etc

Started off as Project Agent and slowly progress thru to Project Project Marketing & It’s Rewards/Career Path

Left: Praying Session at my 1st Helm Project Bartlet Ridge Started off as Project Agent and slowly progress through to Project Division Director How I leverage on Project Marketing To Grow My Business

Utilize Project Marketing as a Tool & Platform to GROW me and my team’s Business! Marina Development Plan 360 hectare extension to the adjacent CBD In 2005, the Urban Redevelopment Authority spent $400,000 on a branding exercise to name 2005 - PM National Day Rally Announcement the Marina Bay i. Casinos in ii. 2007– 2013 Completion of MCE iii. Extension of Circle Line to Marina South “Downtown Extension”

2008 – F1 Singapore Grand Pix & opening of . was built, converting the basin into a new downtown freshwater Marina Reservoir(15th reservoir), providing water supply, flood control and a new lifestyle attraction.

2010 – Opening of , the “” that houses a casino as well as other amenities including a hotel, a museum, a convention centre, restaurants and a park. The was opened to mark the inaugural Youth Olympics held in Singapore A 3.5 km waterfront promenade linking the attractions at the Marina Centre, Collyer Quay and Bayfront areas

2011-2012 – Opening of 100-hectare Gardens By The Bay 2010-2013, The completion of Marina Bay Financial Centre and Asia Square

2012 to 2013-Opening of Downtown, Bayfront and Promenade stations

2014 - The latest station to open in the area is Marina South Pier stretching the North–South Line beyond Marina Bay joining Gardens by the Bay and Marina South in 2021 when the Thomson–East Coast Line is completed in 2015 - In commemoration of Singapore’s 50 years, the 6m-wide Jubilee Bridge was opened to the public, providing another link between the Park and the promenade in front of the Esplanade. THE PHENOMENON OF MARINA BAY MASTER PLANNING THE SAIL @ MARINA BAY

Source: EdgeProp THE PHENOMENON OF MARINA BAY MASTER PLANNING Icon

Source: EdgeProp THE PHENOMENON OF MARINA BAY MASTER PLANNING Citylights

Source: EdgeProp Bidadari’s Rise 1) Masterplan announced in 2014. 2) 1 of the 3 new towns. Tengah, North and Bidadari.

3) Central location

4) Excellent Infrastructure

5) Ease of access by road and public transport

6) Sustainable homes with abundant greenery

7) Vibrant community space to encourage community activities

Ready pool of buyers BTO Prices at Bidadari Bartley Beacon + ParkView @ Bidadari

• 880 units at Bartley Beacon • 358 at ParkView @ Bidadari • 3-room: $324,000 to $397,000 4-room: $466,000 to $598,000 5-room: $627,000 to $726,000 *source from 99.co Alkaff Lake •Bartley Beacon’s residents will benefit from having a supermarket within the development. The supermarket will be conveniently located in the amenities block located next to entrance of Bartley MRT. The block will also have shops and a kopitiam. Woodleigh residences • Prices • Because of the whole 300,000 sqft Retail Mall bidadari wave • Expensive because of integrated mall • Park and lakeview 7 Reasons Why • Quickest & Easiest Way to Kick Start • Over 100 Projects Listing to Choose You Should from • Comparative Marketing Analysis Done Focus on • Marketing Material Provided • Equal Opportunity Platform Project • Instant Project Listing • Instant Lead Generating/Prospecting Marketing Tool Why Buy New Launches? Why Buy New Launches? 9 Reasons to Buy New Launches First Mover Advantage Buy-low, Sell-high Buy when area is developing → Sell when area gets popular!

Approx 17% Gain Approx 15% Gain

Botanique @ Bartley Principal Garden 9 Reasons to Buy New Launches

Low Capital & Investment Outlay

Progressive Payment = Can sell after 3 years (SSD) New Launches Capital Outlay is Lower Resale Purchase Starts full Servicing Of Mortgage Immediately

3 Main Advantage Of New Launch Sales Compared to Resale Purchase

- Low Monthly Installment - No Maintenance Fees Payable yet - No Property Tax Payable yet 9 Reasons to Buy New Launches Latest Fittings Provided

- Brand New White Good Provided - No Need to Spend Money on Excessive Reno 9 Reasons to Buy New Launches Defects Liability Period (DLP) 9 Reasons to Buy New Launches

Early Selection = Choice Unit Selection Get in EARLY → Pick the best units (views, layouts, lucky number or Fengshui) → a home you love! 9 Reasons to Buy New Launches Discount at Launch - Developers discounts units at launch to stimulate demand. - Pricing at Launch encourages capital appreciation. - Different phases appreciation. - Next Page will be using Martin Modern as a very good example.

9 Reasons to Buy New Launches

The “TOP” Appreciation (~4 years from launch)

- TOP = Move in / Collect Rent → Value goes up = Price goes up (Due to Demand)

- SSD Completion → Surge of transactions 9 Reasons to Buy New Launches

Resale moves passively compared to new launches. 9 Reasons to Buy New Launches The Minton Waterbank

Pre-Top Surge and thereafter stagnanted market observed. 1st Qtr 2015 Pre-TOP Price and Demand Surge

Price is Stagnant if not dropping after 2 years 9 Reasons to Buy New Launches

The Novelty of A New Home. - Large demand for New Modern Condos for newly weds/young families - Willing to pay premium for something they like. - No Bad History of the property. Can We Still Market & Sell New Launches During Covid-19 ？ Hands-On with Zoom / VooV Meeting

ZOOM VooV Meeting for Local and Regional Clients for Chinese Client usage Hands-On with Zoom / VooV Meeting • Online Meeting Platform is the way Hands-On with to go forward. Zoom / VooV • After lockdown is over, for the time being, most buyers still can’t fly Meeting directly into Singapore. Housing Rates Template – Very How to get Client to Zoom with You? Effective

Hi (Mr Tan), how have you been?

I sincerely hope you are spending quality time with your family. Since the last time we met, housing interest rates has fluctuated This Template quite a fair bit.

Furthermore developers now are also trying their best to help would enable you buyers whom are facing challenges to make their purchase at Bartley Vue. to get engage Pls take sometime to visit Bartley Vue Virtually. Attached is the link (ERA Pro’s Project details link) Let me know if you have any questions. clients

Stay safe. (Sean Zhong) effectively! (91230000) ERA TOP 8 OBJECTIONS THAT AGENTS FACES AT LAUNCHES.

Why Should I Buy Now As Market Is Falling!? - Who you hear from the market is falling? Do you know yesterday I just spoke to my lawyer discussing on a unit I sold last week and he say enquiries are came flooding in asking on decouplings etc. - Yes, Market could adjust but not in prices, but on purchase conditions.

Hence this is a perfect timing for all buyers whom are sitting on the fence! (if buyer is indeed facing some difficulties selling current home, I will propose to commit the purchase 1st and in turn I would commit to helping them sell it exclusively, end day the risk to buyer is only at 1.25%!) Based on the above scenario, you are actually using 1.25% to leverage on the economy and hedge again the possibility of bigger risk elements compared to before. Why Should I Buy Now As Market “We buy property to hedge against inflation, therefore we invest into an Is Falling!? asset with the intention and projection of it maintaining or increasing it’s value over time.”

Eg. A lot of my Indonesian clients whom came in the 90s and 2000s bought properties not with the intention to make money but for the simple fact to hedge against failing rupiahs.

Today their real estate has grown and risen in value with their properties mostly en-bloc or price appreciated multi-folds. Why Should I Buy Now As Market Is Falling!?

With proven data record for the last 15 years and having no ability to time the perfect purchase, therefore it’s more about getting the unit that suits your requirement and needs.

I Don’t Want To Sell My Current Property & I Don’t Want To Pay ABSD! The Minton Waterbank

Pre-Top Surge and thereafter stagnanted market observed.

1st Qtr 2015 Pre-TOP Price and Demand Surge As I have shown on eralier, resale properties prices rise passive and therefore upside is limited. You should lock in new launches so you can capitalise on the TOP factor for capital gain factor!

Price is Stagnant if not dropping after 2 years I Don’t Want To Sell My Current Property & I Don’t Want To Pay ABSD! Do you know that recently Tapestry has been selling like hotcake even during #CB? WHY?

Most of us will face this common question as recent launches are on bigger scale, easily more than 100 units especially all those en-bloc sites.

Therefore this is a question that we need to tackle with wits.

Our objective is to allow clients to see from our perspective that bigger development gives them better control over the purchase.

Eg. When they want to sell, there’s always a market price to refer to.

Earn money we can gauge, lose money we also can tell.

Scripts to counter These Are All The Leftover (Lousy) Units! 1) This is in fact the most premium units that has only been launched recently! 2) West facing units – Most properties facing our sunny east coast are west facing, it’s also some of the most expensive properties in Singapore. Therefore west sun is very much acceptable further more, nowadays with the high tech solar film series, a lot of home owners would install it to deflect the sun. 3) This unit thou faces west, but it gives you an unblocked view towards the city and the far horizon, therefore its 1 of the best choice available for your selection!

Ps. Always remember to point out the good points of the unit, eg layout, facing, high floor or low floor so sun actually don’t shine in as much etc.

I Should Have Bought Earlier, Prices are Higher Now!

Script:

Prices move passively upwards and there’s infact not much changes from when it 1st launched, except for the fact that the available units are now on higher floors and prices move in accordance to the floor levels.

But the good thing is, when you buy new launches, the per level increment are neligible as compared to resale (sometimes a level could be $20k apart).

Yes, it has risen a little as this is the next phase and also better facing compared to earlier launched units.

Prices have risen due to inflation and market factors, the incremental due to good sales, therefore you should be assured that you are coming in at the right time!

New Launch PSF So High, Unit Sizes so small!

1 of the most frequent met question that buyer will blast you the moment speak.

In actual fact this is the 1 question that you need to handle it so well and prepare for as from experience, when you handle this question well, they would be sold by you! Script: New Launch PSF So High, Unit Sizes so small! If both development that you are comparing are in the same vicinity, tenants thou paying the same rental amount, they would simply choose the newer development as “the novelty of something new is always present”.

Furthermore new developments are bidded at market prices and land are awarded to top winning bid. Therefore this is a fair market price that developer has came in for.

Even BTO’s prices have risen tremendously over the years, today a 4rm in Bidadari would have cost over $500k and a 5rm from $600k upwards. Property prices goes up due to cost of construction ( Due to Covid-19, construction cost will continue will continue to rise as mobility for foreigners to come work in Singapore has been restricted by the travel ban. There’s market price for all properties and your are buying at the market rate that others before you has committed too, and mind you, all this buyers has gone thru TDSR and relevant checks prior to purchase. If I base on average buyer purchase a 1000sqft in those project

• Highpark residences - $1000psf meaning purchase $1mil- now 25% growth which is $1250psf- gain $250,000

• Kingsford WaterBay - $1,111 psf 2015 purchased $1.11mil- now 16% growth $1289 psf- gain $178,000

• Botanique at Bartley - $1287 psf 2015 -now 16% growth $1493psf- gain $206,000

• City gate - $1857psf in 2015 -now 9.77% gain $2012psf now- gain $155,000

• Kallang riverside - $2025 psf in 2015- now 13.31% growth $2414psf- gain $389,000 New Launch PSF So High, Unit Sizes so small! Sizes are not considered small now as actual needs of individual development getting the planning approval to proceed with building the project is govern by URA’s extensive studies of min size allowable eg. For central area, the min internal area cannot be lesser than 35sqm nett, even so it’s still subject to assessment of the 1) Overall layout 2) Design 3) Unit size mixes Therefore as long as units can fit some essential furnitures & white goods, it will be acceptable to prospective tenants and buyers as their decision would have been based on various factors eg. they are buying it for rental / investment / stepping stone for the short term stay etc.

For tenants as long as the location suits their requirement, size generally doesn’t matter especially they know they wont be here permanently so convenience is all that matters.

Buyers often get carried by the virtue thinking that their properties are going to rise like no people’s business but they fail to see the fact that there’s a market price for every project.

I quote 2 examples for Quartz and Jewel’s sales transaction pre and post SengKang Grand’s launch. It’s Sad to say… before and after the due to the different attrubites of launch, Jewel’s prices really didn’t the projects thou they could be go up at all…. only meters apart!

befor afte e r Similarly over at Quartz….

Before SKG’s After SKG’s launch launch OBJECTIONS AGENTS FACE IN NEW LAUNCH Why Don’t You Buy Yourself?

As a property agent, you must be able to carry yourself well, sometimes you need to behave and react beyond “YOU”.

Even if you have never bought a property before, you should have an “imaginary property”.

Share with buyers your “Property Story” Eg. You already own a unit in Artra (1044sqft) #05-09 where I bought at $1586 - $1,655,000 and you know what? I also made my money already, as Artra is going TOP soon and my immediately neighbour at #06-09 bought 2 year later paid $1724psf - $1,800,000. Conclusion & Take Away