A Member of SRX

                                                                                                                                                                                                                                               Vincent Tong
                                                                                                                                                                      Caribbean At Keppel Bay Report                                CEA Reg No: R013173G
                                                                                                                                                                                  Powered by StreetSine                                   Mobile: 92379931



                                                                                                                                                                   Property Summary Sheet
                                                                                                                       Unit Pricing
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Latest Sold Unit           : CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 (1335sqft)
                                                                                                                       Unit Transacted            : $ 2,200,000 ($ 1,649 psf) on Aug 30, 2012 SRX




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                                                                                                                       Median Price* based on recent transactions                         : $ 1,994,490 ($ 1,494 psf, 1335sqft)
                                                                                                                       *Based   on a median PSF of $1,494 psf for similar transactions sold in Caribbean At Keppel Bay within the last 12 months.

                                                                                                                       Median Price^ based on current listings                            : $ 2,101,290 ($ 1,574 psf, 1335sqft)
                                                                                                                       ^Based

                                                                                                                       months.
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                                                                                                                                on a median asking PSF of $1,574 psf for currently active listings in Caribbean At Keppel Bay that are in the market for less than 2




                                                                                                                       Project Transactions
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                                                                                                                                                                    Latest Avg PSF: $1,650 psf (Aug 12)
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                                                                                                                                                                                                                            For illustration purposes only


                                                                                                                                Recent Transacted Address             Size       Price       PSF          Contract          Built             Tenure                Type
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                                                                                                                       32 Keppel Bay Drive Level 4 to 6   SRX       1,334     $2,200k     $1,649      Aug 30, 2012   2004             99 years from 16/08/1999 -

                                                                                                                       40 Keppel Bay Drive Level 4 to 6   SRX       1,248     $1,880k     $1,506      Aug 29, 2012   2004             99 years from 16/08/1999 -
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                                                                                                                       34 Keppel Bay Drive #01-74                   1,722     $3,150k     $1,829      Aug 27, 2012   2004             99 Yrs From 16/08/1999   Resale



                                                                                                                       Compare Nearby Projects
                                                                                                                                       Project                     Latest Average PSF                Rental              Capital gain               Rental Yield
                                                                                                                            Caribbean At Keppel Bay                  $1,650 (Aug 12)               $5.60 psf                 11.6%/yr                   4.39%
                                                                                                                           The Pearl @ Mount Faber                   $1,146 (Jul 12)               $4.19 psf                 14.0%/yr                   4.40%
                                                                                                                           Reflections At Keppel Bay                 $1,746 (Aug 12)               $4.65 psf                  1.6%/yr                   3.14%




                                                                                                                                                                Prepared for on Sep 10, 2012                                                              1    of    93
                                                                                                                                 Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       Getting the Most Out of the Home Report
                                                                                                                       This home report provides data on Caribbean At Keppel Bay (Condominium). Transaction data was last
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       updated on 10 Sep 12 from official sources. Listing data is updated as of the moment this report is
                                                                                                                       prepared. For information on the data, please see the footnotes contained within this report.


                                                                                                                       The intent of this report is to provide you with important information that will help you




                                                                                                                                                                                                                     31
                                                                                                                         A. Price Caribbean At Keppel Bay for buy, sell or rent
                                                                                                                         B. Compare it with other similar Projects.




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                                                                                                                       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 making the market




                                                                                                                                                                                                                 37
                                                                                                                       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


                                                                                                                                                                                                       92
                                                                                                                       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 takes into consideration the market
                                                                                                                       numbers and the unique characteristics of the property.
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                                                                                                                       The Home Report is organized into the following sections:
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                                                                                                                         (1) Basic Information
                                                                                                                         (2) Pricing to buy or sell
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                                                                                                                         (3) Renting
                                                                                                                         (4) Investing
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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 Caribbean At Keppel Bay.
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                                                                                                                                  Then, compare recent sale prices.
                                                                                                                          3.      Identify the prices that similar, or comparable, units within Caribbean At Keppel Bay sold for,
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                                                                                                                                  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.




                                                                                                                                                          Prepared for on Sep 10, 2012                                                               2    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                                  Vincent Tong
                                                                                                                                                                           Caribbean At Keppel Bay Report                                CEA Reg No: R013173G
                                                                                                                                                                                       Powered by StreetSine                                  Mobile: 92379931



                                                                                                                       Address : CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 S(98651)
                                                                                                                       Size             : 1,335 sqft*
                                                                                                                                        *   Based on the size indicated in the latest caveat lodged for this unit as reflected in URA.
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Project Information

                                                                                                                       Category                            : Condominium




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                                                                                                                       Location                            : District 4 (Central Region)
                                                                                                                       TOP*                                : 2004
                                                                                                                       Purchase Tenure                     : 99 years from 16/08/1999




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                                                                                                                       City Distance                       : 2.26 km
                                                                                                                       Developer                           : Keppel Bay Pte Ltd




                                                                                                                                                                                                                           37
                                                                                                                       Plot Ratio                          : 1.4
                                                                                                                       Total Units                        : 969
                                                                                                                       Unit Sizes                          2 bedrooms (840 to 926 sqft)
                                                                                                                                                           3 bedrooms (1,206 to 1,356 sqft)
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                                                                                                                                                                                                                                             For illustration purpose
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                                                                                                                                                                                                                                             only.
                                                                                                                       *
                                                                                                                           Temporary Occupation Permit
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                                                                                                                                            Facilities                                                                      Fixtures
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                                                                                                                           Barbecue Area                                           AirConditioning                                Yes

                                                                                                                           Car Park                                                Flooring For Bedroom                           Timber Flooring
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                                                                                                                           Club House                                              Flooring For LivingDining                      Marble

                                                                                                                           Fitness Area                                            Kitchen                                        Yes
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                                                                                                                           Gymnasium                                               Wardrobe                                       Yes

                                                                                                                           Play Ground

                                                                                                                           Securities

                                                                                                                           Swimming Pool

                                                                                                                           Tennis Court

                                                                                                                           Wadpool


                                                                                                                       Note: Project information is subjected to changes by the property developer, project management
                                                                                                                       committee or the authorities.


                                                                                                                                                                  Prepared for on Sep 10, 2012                                                              3    of   93
                                                                                                                                  Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       Caribbean At Keppel Bay Site Map
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




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                                                                                                                       Note: Project site map is subjected to changes by the property developer, project management
                                                                                                                       committee or the authorities.




                                                                                                                                                        Prepared for on Sep 10, 2012                                                               4    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                       The maps below shows the cadastral map and important amenities within 2 km of the property.
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




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                                                                                                                            MRT                          Groceries                   Schools                     Bus Stops                    Lifestyle


                                                                                                                       Category                     Important Amenities within 2 km                                                      Distance

                                                                                                                           Trains (MRT /            Telok Blangah MRT (CC28)                                                              0.66 km
                                                                                                                           LRT)                     Harbourfront (NE1)                                                                    0.77 km
                                                                                                                                                    Labrador Park MRT (CC27)                                                              1.62 km

                                                                                                                           Bus Stops                Aft Seah Im Rd (Bus: 10, 30, 57, 61, 93, 97, 100,                                     0.22 km
                                                                                                                                                    131, 143, 145, 166, 188, 408, 963)



                                                                                                                                                        Prepared for on Sep 10, 2012                                                               5    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                    Vincent Tong
                                                                                                                                                            Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                        Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       Groceries &             Cold Storage Harbourfront Centre                                                      0.50 km
                                                                                                                       Supermarts              Cold Storage Vivocity                                                                 0.89 km
                                                                                                                                               Shop N Save(telok Blangah Crescent)                                                   1.38 km
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Schools                 Shelton College International                                                         1.06 km
                                                                                                                       (Primary,               Blangah Rise Primary School                                                           1.33 km
                                                                                                                       Integrated,             Radin Mas Primary School                                                              1.40 km
                                                                                                                       International)          Canadian International School (Middle)                                                1.54 km




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                                                                                                                                               Chij (kellock)                                                                        1.70 km
                                                                                                                                               Lock Road Kindergarten                                                                1.84 km




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                                                                                                                                               ISS International School (Preston Campus)                                             1.98 km

                                                                                                                       Lifestyle               The PSA Club                                                                          0.48 km




                                                                                                                                                                                                          37
                                                                                                                                               Keppel Marina                                                                         0.59 km
                                                                                                                                               Keppel Driving Range                                                                  0.88 km
                                                                                                                                               Mount Faber Park
                                                                                                                                               Keppel Club
                                                                                                                                               SAFRA Mt Faber
                                                                                                                                                                                                92                                   0.95 km
                                                                                                                                                                                                                                     0.95 km
                                                                                                                                                                                                                                     1.30 km
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                                                                                                                                               Telok Blangah Hill Park                                                               1.40 km
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                                                                                                                                                   Prepared for on Sep 10, 2012                                                               6    of   93
                                                                                                                        Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       1. Pricing to Buy or Sell

                                                                                                                       1.1    What are Condominium prices doing in Singapore?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay is a Condominium in the Central Region of Singapore. The graph below
                                                                                                                       shows the relevant price movements between 1990Q1 (1 Jan 1990) and 2012Q2 (30 Jun 2012).


                                                                                                                       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




                                                                                                                                                                                                                   31
                                                                                                                       4th Quarter of 1998. It is used to monitor the movement of private properties in Singapore.




                                                                                                                                                                                                                 99
                                                                                                                       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 Private
                                                                                                                       Residential refers to the price index for all private housing types combined, which includes landed




                                                                                                                                                                                                               37
                                                                                                                       homes, apartments, etc.


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                                                                                                                       The table below shows the quarterly change in price index over the last 1 year. In the most recent
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                                                                                                                       quarter of 2012Q2, property prices have changed by 0.4% from the previous quarter.
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                                                                                                                                Quarter                                             Quarter-on-Quarter Percentage Change
                                                                                                                                                           Central Condominium                       All Condominium                All Private Residential
                                                                                                                                2012Q2                               0.4%                                 0.2%                               0.4%
                                                                                                                                 2012Q1                              -0.8%                                -0.6%                              -0.1%
                                                                                                                                 2011Q4                               0.5%                                0.4%                                0.2%
                                                                                                                                 2011Q3                               1.1%                                1.2%                                1.3%




                                                                                                                                                        Prepared for on Sep 10, 2012                                                               7    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.2     What are Condominium prices doing in District 4?

                                                                                                                       This graph shows the latest recorded monthly average PSF (Price per Square Foot) for all
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Condominium in District 4 where Caribbean At Keppel Bay is located. It was calculated by taking the
                                                                                                                       average PSF of all units sold (by caveat lodged) in the district within each month.




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                                                                                                                       The table below lists the monthly average PSF data for the last 15 months shown in the chart.

                                                                                                                                        Month                                       Average PSF                                    Number of Sales
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                                                                                                                                        Aug 12                                           $1,910                                            22
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                                                                                                                                         Jul 12                                          $1,581                                            22
                                                                                                                                         Jun 12                                          $1,681                                            31
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                                                                                                                                        May 12                                           $1,593                                            60
                                                                                                                                         Apr 12                                          $1,767                                            48
                                                                                                                                        Mar 12                                           $1,790                                            34
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                                                                                                                                        Feb 12                                           $1,777                                            19
                                                                                                                                         Jan 12                                          $1,500                                             8
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                                                                                                                                        Dec 11                                           $1,924                                            36
                                                                                                                                        Nov 11                                           $1,784                                            47
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                                                                                                                                         Oct 11                                          $1,745                                            31
                                                                                                                                        Sep 11                                           $1,822                                            53
                                                                                                                                        Aug 11                                           $1,813                                           130
                                                                                                                                         Jul 11                                          $1,815                                            82
                                                                                                                                         Jun 11                                          $1,813                                           113



                                                                                                                       Condominiums in District 4 went up by 7.4% in Aug 12. It is calculated by comparing the average
                                                                                                                       PSF for the latest month (Aug 12) against the average PSF in the last 15 months. The 15-month
                                                                                                                       period is illustrated in the table above.




                                                                                                                                                         Prepared for on Sep 10, 2012                                                               8    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.3    What are Condominium prices doing in Caribbean At Keppel Bay?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                                                               Latest Avg PSF: $1,650 psf (Aug 12)

                                                                                                                       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.




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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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                                                                                                                                       Month                                       Average PSF                                    Number of Sales
                                                                                                                                       Aug 12                                           $1,650                                             6
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                                                                                                                                        Jul 12                                          $1,552                                             4
                                                                                                                                        Jun 12                                          $1,447                                             3
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                                                                                                                                       May 12                                           $1,531                                             9
                                                                                                                                        Apr 12                                          $1,502                                             6
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                                                                                                                                       Mar 12                                           $1,582                                             5
                                                                                                                                       Feb 12                                           $1,402                                             3
                                                                                                                                        Jan 12                                          $1,541                                             1
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                                                                                                                                       Dec 11                                           $1,566                                             4
                                                                                                                                       Nov 11                                           $1,523                                             2
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                                                                                                                                        Oct 11                                          $1,485                                             6
                                                                                                                                       Sep 11                                           $1,565                                             7
                                                                                                                                       Aug 11                                           $1,598                                            12
                                                                                                                                        Jul 11                                          $1,612                                             8
                                                                                                                                        Jun 11                                          $1,570                                             8
                                                                                                                                       May 11                                           $1,548                                            10



                                                                                                                       Condominiums in Caribbean At Keppel Bay went up by 6% in Aug 12. It is calculated by comparing
                                                                                                                       the average PSF for the latest month (Aug 12) against the average PSF in the last 15 months. The 15-
                                                                                                                       month period is illustrated in the table above.


                                                                                                                                                        Prepared for on Sep 10, 2012                                                               9    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                                 Vincent Tong
                                                                                                                                                                      Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                   Powered by StreetSine                                     Mobile: 92379931




                                                                                                                       In the next table, we list the 30 latest unit transaction details from Caribbean At Keppel Bay. Rows
                                                                                                                       highlighted in yellow refer to the highest and lowest prices in the table.
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                                         Address                         Size     Price         PSF        Contract          Built              Tenure               Type

                                                                                                                       32 Keppel Bay Drive Level 4 to 6   SRX        1,334      $2,200k     $1,649     Aug 30, 2012   2004            99 years from 16/08/      -
                                                                                                                                                                                                                                      1999

                                                                                                                       40 Keppel Bay Drive Level 4 to 6   SRX        1,248      $1,880k     $1,506     Aug 29, 2012   2004            99 years from 16/08/      -
                                                                                                                                                                                                                                      1999

                                                                                                                       34 Keppel Bay Drive #01-74                    1,722      $3,150k     $1,829     Aug 27, 2012   2004            99 Yrs From 16/08/1999    Resale




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                                                                                                                       42 Keppel Bay Drive Level 1 to 3   SRX        1,334      $2,040k     $1,528     Aug 23, 2012   2004            99 years from 16/08/      -
                                                                                                                                                                                                                                      1999




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                                                                                                                       40 Keppel Bay Drive #02-99                    1,636      $2,640k     $1,614     Aug 16, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       32 Keppel Bay Drive #07-57                    1,216      $1,860k     $1,529     Aug 13, 2012   2004            99 Yrs From 16/08/1999    Resale




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                                                                                                                       44 Keppel Bay Drive #02-124                   893        $1,410k     $1,578     Aug 10, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       34 Keppel Bay Drive #05-73                    1,205      $1,840k     $1,526     Aug 7, 2012    2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       44 KEPPEL BAY DRIVE #04-XX       PN           -          $1,500k     -          Aug 6, 2012    2004            99 years from 16/08/      -



                                                                                                                       42 Keppel Bay Drive #04-XX   PN               893        $1,500k     $1,678
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                                                                                                                                                                                                       Aug 6, 2012    2004
                                                                                                                                                                                                                                      1999

                                                                                                                                                                                                                                      99 years from 16/08/
                                                                                                                                                                                                                                      1999
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                                                                                                                       44 Keppel Bay Drive #05-119                   839        $1,529k     $1,821     Aug 2, 2012    2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       6 Keppel Bay Drive #04-XX   PN                1,280      $1,800k     $1,406     Jul 31, 2012   2004            99 years from 16/08/      -
                                                                                                                                                                                                                                      1999
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                                                                                                                       46 Keppel Bay Drive #04-130                   882        $1,460k     $1,654     Jul 24, 2012   2004            99 Yrs From 16/08/1999    Resale
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                                                                                                                       32 Keppel Bay Drive #02-62                    1,334      $2,030k     $1,521     Jul 24, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       32 Keppel Bay Drive #01-63                    1,485      $2,300k     $1,548     Jul 9, 2012    2004            99 Yrs From 16/08/1999    Resale
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                                                                                                                       42 Keppel Bay Drive #02-107                   1,227      $1,820k     $1,483     Jul 6, 2012    2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       18 Keppel Bay Drive #04-25                    1,323      $2,000k     $1,511     Jun 25, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       44 Keppel Bay Drive #01-122                   1,485      $2,060k     $1,387     Jun 22, 2012   2004            99 Yrs From 16/08/1999    Resale
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                                                                                                                       4 Keppel Bay Drive #05-03                     1,280      $1,850k     $1,444     Jun 18, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       6 Keppel Bay Drive #06-04                     1,646      $2,750k     $1,670     May 29, 2012   2004            99 Yrs From 16/08/1999    Resale
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                                                                                                                       6 Keppel Bay Drive #05-05                     1,280      $1,889k     $1,475     May 28, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       32 Keppel Bay Drive #06-58                    1,248      $1,900k     $1,522     May 28, 2012   2004            99 Yrs From 16/08/1999    Resale
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                                                                                                                       32 Keppel Bay Drive #01-58                    1,334      $1,950k     $1,461     May 23, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       34 Keppel Bay Drive #05-69                    1,216      $1,825k     $1,500     May 17, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       46 Keppel Bay Drive #02-126                   1,334      $1,825k     $1,367     May 15, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       10 Keppel Bay Drive #10-11                    1,313      $1,960k     $1,493     May 11, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       40 Keppel Bay Drive #01-98                    1,732      $2,800k     $1,616     May 10, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       44 Keppel Bay Drive #06-124                   893        $1,495k     $1,673     May 3, 2012    2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       10 Keppel Bay Drive #05-10                    1,280      $1,838k     $1,435     Apr 27, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       46 Keppel Bay Drive #05-130                   882        $1,419k     $1,608     Apr 24, 2012   2004            99 Yrs From 16/08/1999    Resale

                                                                                                                       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

                                                                                                                                                                Prepared for on Sep 10, 2012                                                              10    of     93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       shown in Sub Sales and Resales within the transactions.


                                                                                                                       On average, each higher floor in Caribbean At Keppel Bay fetches a higher price of 0.42%.
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




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                                                                                                                                                        Prepared for on Sep 10, 2012                                                              11    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.4    Which projects are similar to Caribbean At Keppel Bay?

                                                                                                                       Comparable projects are Condominiums that are similar in location, housing type, and age. In
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       establishing a price for a unit in Caribbean At Keppel Bay, it is useful to compare Caribbean At Keppel
                                                                                                                       Bay 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 Caribbean At Keppel
                                                                                                                       Bay. 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




                                                                                                                                                                                                                   31
                                                                                                                       is a description of the projects that are most comparable to Caribbean At Keppel Bay. In the next
                                                                                                                       question, we will compare the PSF between the projects.




                                                                                                                                                                                                                 99
                                                                                                                               Project                                                Tenure                              Built                 City Distance

                                                                                                                       A       Caribbean At Keppel Bay                  99 years from 16/08/1999                          2004                     2.26 km




                                                                                                                                                                                                               37
                                                                                                                       B       The Pearl @ Mount Faber                  99 years from 03/12/2002                          2005                     1.17 km



                                                                                                                       C
                                                                                                                               (1.09 km away)

                                                                                                                               Reflections At Keppel Bay                99 Years from 15/03/2006
                                                                                                                                                                                                     92                   2011                     2.69 km
                                                                                                                               (0.45 km away)
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                                                                                                                                                        Prepared for on Sep 10, 2012                                                              12    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.5    How are the prices in Caribbean At Keppel Bay compared to other
                                                                                                                              projects?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       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.




                                                                                                                                                                                                                   31
                                                                                                                       The average PSF for Caribbean At Keppel Bay was $1,650 in Aug 12.


                                                                                                                       As way of comparison, the range of average PSF for the other projects was $1,146-$1,746 PSF.




                                                                                                                                                                                                                 99
                                                                                                                                                   Project                                                        Latest Average PSF




                                                                                                                                                                                                               37
                                                                                                                                       Caribbean At Keppel Bay                                                      $1,650 (Aug 12)

                                                                                                                                         The Pearl @ Mount Faber                                                      $1,146 (Jul 12)

                                                                                                                                         Reflections At Keppel Bay
                                                                                                                                                                                                     92              $1,746 (Aug 12)
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                                                                                                                                                        Prepared for on Sep 10, 2012                                                              13    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                               CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.6     What did comparable units in Caribbean At Keppel Bay recently sell
                                                                                                                               for?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Comparable units are other units that are similar in size (up to ±20%) and floor level (up to ±5 floors)
                                                                                                                       to CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. In establishing a price for
                                                                                                                       this unit, it is useful to observe the range of prices for which other comparable units were sold.




                                                                                                                                                                                                                    31
                                                                                                                       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.




                                                                                                                                                                                                                  99
                                                                                                                                                       Address                                        Area (sqft)     Price            PSF          Contract
                                                                                                                       32 Keppel Bay Drive Level 4 to 6 (-)   SRX                                       1,334       $2,200k           $1,649      Aug 30, 2012

                                                                                                                       40 Keppel Bay Drive Level 4 to 6 (-)                                             1,248        $1,880k          $1,506      Aug 29, 2012




                                                                                                                                                                                                                37
                                                                                                                                                              SRX


                                                                                                                       42 Keppel Bay Drive Level 1 to 3 (-)   SRX                                       1,334        $2,040k          $1,528      Aug 23, 2012

                                                                                                                       6 Keppel Bay Drive Level 4 to 6 (-)   SRX                                        1,280       $1,800k           $1,406       Jul 31, 2012

                                                                                                                       32 Keppel Bay Drive #02-62 (99 Yrs From 16/08/1999)

                                                                                                                       18 Keppel Bay Drive #04-25 (99 Yrs From 16/08/1999)
                                                                                                                                                                                                      921,334

                                                                                                                                                                                                        1,323
                                                                                                                                                                                                                     $2,030k

                                                                                                                                                                                                                     $2,000k
                                                                                                                                                                                                                                      $1,521

                                                                                                                                                                                                                                      $1,511
                                                                                                                                                                                                                                                   Jul 24, 2012

                                                                                                                                                                                                                                                   Jun 25, 2012
                                                                                                                                                                                        @
                                                                                                                       4 Keppel Bay Drive #05-03 (99 Yrs From 16/08/1999)                               1,280        $1,850k          $1,444       Jun 18, 2012

                                                                                                                       32 Keppel Bay Drive #01-58 (99 Yrs From 16/08/1999)                              1,334        $1,950k          $1,461      May 23, 2012

                                                                                                                       46 Keppel Bay Drive #02-126 (99 Yrs From 16/08/1999)                             1,334        $1,825k          $1,367      May 15, 2012
                                                                                                                                                                              g


                                                                                                                       46 Keppel Bay Drive #04-126 (99 Yrs From 16/08/1999)                             1,334        $1,980k          $1,483       Apr 18, 2012
                                                                                                                                                        on



                                                                                                                       The range of prices for which comparable units sold was $1,800k-$2,200k.
                                                                                                                                                      tT




                                                                                                                       The PSF range of comparable units sold was $1,367-$1,649.
                                                                                                                                           en




                                                                                                                       The median PSF for comparable units sold was $1,494 psf. Based on this amount, a median price
                                                                                                                       based on recent transactions for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 is $
                                                                                                                                nc




                                                                                                                       1,994,490 ($ 1,494 psf, 1335sqft).
                                                                                                                        Vi




                                                                                                                        What would a typical mortgage for the Median Price based on recent transactions be?

                                                                                                                        Based on a Median Price of $1,994,490, a 30-year loan at 2.0% interest and 20% downpayment,
                                                                                                                        the monthly mortgage is $5,898.




                                                                                                                                                         Prepared for on Sep 10, 2012                                                              14    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.7    What did comparable units in other projects recently sell for?

                                                                                                                       Another point of interest is the range of prices for which comparable units in similar projects were
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       sold. Comparable units are similar in size (up to ±20%) and floor level (up to ±5 floors) to
                                                                                                                       CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6.


                                                                                                                       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.




                                                                                                                                                                                                                   31
                                                                                                                             Project                               Address                             Area          Price            PSF          Contract




                                                                                                                                                                                                                 99
                                                                                                                       REFLECTIONS AT        33 Keppel Bay View #07-96 (99 Yrs From 15/03              1,280        $2,255k          $1,760      Aug 21, 2012
                                                                                                                       KEPPEL BAY            /2006)
                                                                                                                       REFLECTIONS AT        27 Keppel Bay View #08-80 (99 Yrs From 15/03              1,259        $2,180k          $1,731      Aug 15, 2012




                                                                                                                                                                                                               37
                                                                                                                       KEPPEL BAY            /2006)
                                                                                                                       THE PEARL @           9 Mount Faber Road Level 7 to 9 (-)       SRX             1,388        $1,630k          $1,174       Aug 3, 2012
                                                                                                                       MOUNT FABER
                                                                                                                       REFLECTIONS AT
                                                                                                                       KEPPEL BAY
                                                                                                                       THE PEARL @
                                                                                                                                             29 Keppel Bay View #04-87 (99 Yrs From 15/03
                                                                                                                                             /2006)
                                                                                                                                             3 Mount Faber Road #03-08 (99 Yrs From 03/
                                                                                                                                                                                                     921,367


                                                                                                                                                                                                       1,356
                                                                                                                                                                                                                    $2,379k


                                                                                                                                                                                                                    $1,600k
                                                                                                                                                                                                                                     $1,740


                                                                                                                                                                                                                                     $1,180
                                                                                                                                                                                                                                                   Jul 3, 2012


                                                                                                                                                                                                                                                  Jun 25, 2012
                                                                                                                                                                                       @
                                                                                                                       MOUNT FABER           12/2002)
                                                                                                                       THE PEARL @           9 Mount Faber Road Level 7 to 9 (-)       SRX             1,388       $1,530k           $1,102       Jun 21, 2012
                                                                                                                       MOUNT FABER
                                                                                                                       REFLECTIONS AT        33 Keppel Bay View #09-96 (99 Yrs From 15/03
                                                                                                                                                                             g


                                                                                                                                                                                                       1,388       $2,440k           $1,757       May 9, 2012
                                                                                                                       KEPPEL BAY            /2006)
                                                                                                                                                       on



                                                                                                                       REFLECTIONS AT        25 Keppel Bay View #04-79 (99 Yrs From 15/03              1,313        $1,943k          $1,480      Mar 23, 2012
                                                                                                                       KEPPEL BAY            /2006)
                                                                                                                       THE PEARL @           1 Mount Faber Road #02-01 (99 Yrs From 03/                1,345       $1,530k           $1,137       Mar 1, 2012
                                                                                                                                                     tT




                                                                                                                       MOUNT FABER           12/2002)
                                                                                                                       REFLECTIONS AT        25 Keppel Bay View #03-79 (99 Yrs From 15/03              1,323        $1,950k          $1,473      Feb 21, 2012
                                                                                                                       KEPPEL BAY            /2006)
                                                                                                                                          en




                                                                                                                       The range of prices for which comparable units in similar projects sold was $1,530k-$2,440k.
                                                                                                                               nc




                                                                                                                       The PSF range of comparable units in other similar projects was $1,102-$1,760.
                                                                                                                        Vi




                                                                                                                                                        Prepared for on Sep 10, 2012                                                              15    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.8       What are sellers asking for in Caribbean At Keppel Bay?

                                                                                                                       As of Sep 10, 2012, there are 307 active listings found for sale that are posted within the last 1 month
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       in Caribbean At Keppel Bay that are complete with pricing and size information.

                                                                                                                       Total Listings in Caribbean At Keppel :                         307
                                                                                                                       Bay
                                                                                                                       PSF Range                                                   :   $1,103 - $2,112




                                                                                                                                                                                                                      31
                                                                                                                       Asking Price Range                                          :   $1,440,000 - $9,800,000




                                                                                                                                                                                                                    99
                                                                                                                       Days on Market (DOM)

                                                                                                                       Days on market describe the age of a property listing from its first posting. The table below shows a




                                                                                                                                                                                                                  37
                                                                                                                       summary of asking PSF for all active listings in Caribbean At Keppel Bay per the DOM interval. (refer to
                                                                                                                       Annex for listing details)



                                                                                                                       0-30
                                                                                                                           Days on Market

                                                                                                                                      (1 mth)
                                                                                                                                                             Min. PSF

                                                                                                                                                               $1,130
                                                                                                                                                                                        Median PSF

                                                                                                                                                                                            $1,573
                                                                                                                                                                                                        92           Max. PSF

                                                                                                                                                                                                                       $2,093
                                                                                                                                                                                                                                               No. of listings

                                                                                                                                                                                                                                                     126

                                                                                                                       31-60          (2 mths)                 $1,105                       $1,589                     $2,112                         78
                                                                                                                                                                                          @
                                                                                                                       61-90          (3 mths)                 $1,103                       $1,550                     $1,881                         27

                                                                                                                       91-120         (4 mths)                 $1,123                       $1,460                     $1,752                         15
                                                                                                                                                                                g


                                                                                                                       121-150        (5 mths)                 $1,124                       $1,407                     $1,745                         12
                                                                                                                                                          on



                                                                                                                       >151           (>6 mths)                $1,103                       $1,571                     $1,881                         48

                                                                                                                                                                                                                       Total Listings                307
                                                                                                                                                        tT




                                                                                                                       For listings with days on market less than 2 months, the median asking PSF is $1,574 psf. Based on
                                                                                                                                             en




                                                                                                                       this amount, a median price based on listings for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive
                                                                                                                       Level 4 to 6 is $ 2,101,290 ($ 1,574 psf, 1335sqft)
                                                                                                                       Refer to Annex for details on all active listings.
                                                                                                                                  nc
                                                                                                                        Vi




                                                                                                                        What would a typical mortgage for the Median Price based on listings be?

                                                                                                                        Based on a Median Price of $2,101,290, a 30-year loan at 2.0% interest and 20% downpayment,
                                                                                                                        the monthly mortgage is $6,213.




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              16    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       1.9     (SUMMARY) How do the price ranges discussed earlier for
                                                                                                                               CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6
                                                                                                                               compare with each other?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       In the previous questions, we drilled down from an overall property market trend to unit pricing
                                                                                                                       information for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. We observed the price
                                                                                                                       range of units that are comparable in size and floor levels to our unit.




                                                                                                                                                                                                                    31
                                                                                                                       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 Caribbean At Keppel Bay and other




                                                                                                                                                                                                                  99
                                                                                                                       similar projects respectively. Ranges 3 & 4 are the HIGH/LOW listing prices for Caribbean At Keppel
                                                                                                                       Bay and other similar projects within the last 1 month. (Note: Listing prices cover ALL units




                                                                                                                                                                                                                37
                                                                                                                       regardless of size or floor levels in the project. Refer to Annex for individual listing details.)

                                                                                                                       Use these charts as a reference to arrive at a pricing solution in which you can take comfort.
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                                                                                                                                                         Prepared for on Sep 10, 2012                                                              17    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       2. Renting

                                                                                                                       2.1    What are rental prices for Condominiums doing?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay is a Condominium in Core Central Region of Singapore. The graph below
                                                                                                                       shows the rental price movements of Condominiums up to 2012Q2 (30 Jun 2012). 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




                                                                                                                                                                                                                   31
                                                                                                                       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




                                                                                                                                                                                                                 99
                                                                                                                       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 combined, which includes




                                                                                                                                                                                                               37
                                                                                                                       landed homes, apartments, etc.




                                                                                                                                                                                                      92
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                                                                                                                       The table below shows the quarterly change in rental index over the last 1 year. In the most recent
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                                                                                                                       quarter of 2012Q2, rentals have changed by -0.1% from the previous quarter.

                                                                                                                                Quarter                                                    Quarterly Percentage Change
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                                                                                                                                                        Core Central Condominium                     All Condominium                All Private Residential
                                                                                                                                2012Q2                               -0.1%                                0.2%                               0.3%
                                                                                                                                 2012Q1                               0.5%                                0.5%                                0.3%
                                                                                                                                 2011Q4                               0.1%                                0.4%                                0.4%
                                                                                                                                 2011Q3                               0.4%                                0.7%                                0.8%




                                                                                                                                                        Prepared for on Sep 10, 2012                                                              18    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                     Caribbean At Keppel Bay Report                               CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       2.2      How do rental prices in Caribbean At Keppel Bay compare to those
                                                                                                                                found in other similar projects?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       The table below shows the latest and most relevant rental approximations based on official
                                                                                                                       information for Condominiums in Caribbean At Keppel Bay and other similar projects. Rental PSF is
                                                                                                                       derived from official sources. Size projections are based on the selected unit. 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




                                                                                                                                                                                                                     31
                                                                                                                       reference point. You should also factor in the direction of the market.

                                                                                                                               Project                        Size                 25th percentile                   Median                  75th percentile




                                                                                                                                                                                                                   99
                                                                                                                       Caribbean At Keppel                   1 sqft                       $5.21                       $5.60                        $6.11
                                                                                                                                 Bay                      1,334 sqft                     $6,954                      $7,475                       $8,155




                                                                                                                                                                                                                 37
                                                                                                                         The Pearl @ Mount                   1 sqft                       $3.85                       $4.19                        $4.19
                                                                                                                                Faber                      1,334 sqft                     $5,132                     $5,586                       $5,586

                                                                                                                        Reflections At Keppel
                                                                                                                                 Bay
                                                                                                                                                             1 sqft

                                                                                                                                                           1,334 sqft
                                                                                                                                                                                          $4.24

                                                                                                                                                                                          $5,659
                                                                                                                                                                                                       92             $4.65

                                                                                                                                                                                                                     $6,206
                                                                                                                                                                                                                                                   $5.23

                                                                                                                                                                                                                                                  $6,981
                                                                                                                                                                                         @
                                                                                                                       Footnotes:
                                                                                                                                                                               g


                                                                                                                          1.      StreetSine employs proprietary algorithms to derive the approximations shown above. It
                                                                                                                                  combines input data from the Inland Revenue Authority of Singapore (IRAS) with rental
                                                                                                                                                         on



                                                                                                                                  trends from other sources.
                                                                                                                          2.      Projects marked with * have their project rentals estimated from all Condominiums along the
                                                                                                                                                       tT




                                                                                                                                  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.
                                                                                                                                            en




                                                                                                                          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.
                                                                                                                                 nc




                                                                                                                          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.
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                                                                                                                          5.      Actual unit rental depends on other factors such as view, condition and furnishings.




                                                                                                                                                          Prepared for on Sep 10, 2012                                                              19     of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                 Mobile: 92379931



                                                                                                                       2.3     What are units rented for in Caribbean At Keppel Bay?

                                                                                                                       In the table below, we list the latest unit rental transaction details from Caribbean At Keppel Bay. Data
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       is analyzed directly from the property agency. Rows highlighted in yellow refer to the highest and
                                                                                                                       lowest prices in the table.

                                                                                                                               Project                                Address                            Size        Price           PSF           Contract
                                                                                                                       CARIBBEAN AT KEPPEL        12 Keppel Bay Drive                                  1,280       $5,800         $4.53        Sep 7, 2012




                                                                                                                                                                                                                    31
                                                                                                                                                                         SRX

                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        42 Keppel Bay Drive    SRX                           1,356       $6,800         $5.01        Sep 7, 2012
                                                                                                                       BAY




                                                                                                                                                                                                                  99
                                                                                                                       CARIBBEAN AT KEPPEL        40 Keppel Bay Drive    SRX                           904         $4,600         $5.09        Sep 2, 2012
                                                                                                                       BAY




                                                                                                                                                                                                                37
                                                                                                                       CARIBBEAN AT KEPPEL        30 Keppel Bay Drive    SRX                           1,205       $6,100         $5.06        Aug 31, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        16 Keppel Bay Drive #08-XX         PN                893         $4,700         $5.26        Aug 31, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL
                                                                                                                       BAY
                                                                                                                                                  22 Keppel Bay Drive    SRX
                                                                                                                                                                                                       92
                                                                                                                                                                                                       1,076       $5,000         $4.65        Aug 23, 2012
                                                                                                                                                                                          @
                                                                                                                       CARIBBEAN AT KEPPEL        30 Keppel Bay Drive    SRX                           839         $4,500         $5.36        Aug 22, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        4 Keppel Bay Drive    SRX                            1,280       $7,300         $5.70        Aug 22, 2012
                                                                                                                       BAY
                                                                                                                                                                               g


                                                                                                                       CARIBBEAN AT KEPPEL        30 Keppel Bay Drive    SRX                           893         $4,500         $5.04        Aug 19, 2012
                                                                                                                                                       on



                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        40 Keppel Bay Drive    SRX                           1,248       $6,400         $5.13        Aug 17, 2012
                                                                                                                       BAY
                                                                                                                                                     tT




                                                                                                                       CARIBBEAN AT KEPPEL        16 Keppel Bay Drive    SRX                           871         $4,900         $5.62        Aug 15, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        42 Keppel Bay Drive                                  1,334       $6,300         $4.72        Aug 15, 2012
                                                                                                                                          en




                                                                                                                                                                         SRX

                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        40 Keppel Bay Drive    SRX                           893         $6,000         $6.72        Aug 14, 2012
                                                                                                                               nc




                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        10 Keppel Bay Drive    SRX                           1,377       $5,500         $3.99        Aug 10, 2012
                                                                                                                       BAY
                                                                                                                        Vi




                                                                                                                       CARIBBEAN AT KEPPEL        34 Keppel Bay Drive    SRX                           1,248       $6,480         $5.19        Aug 9, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        32 Keppel Bay Drive    SRX                           1,334       $6,100         $4.57        Aug 8, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        46 Keppel Bay Drive    SRX                           893         $4,600         $5.15        Aug 6, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        6 Keppel Bay Drive    SRX                            1,646       $7,000         $4.25        Aug 1, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        40 Keppel Bay Drive    SRX                           893         $4,700         $5.26        Jul 31, 2012
                                                                                                                       BAY
                                                                                                                       CARIBBEAN AT KEPPEL        30 Keppel Bay Drive    SRX                           1,216       $6,000         $4.93        Jul 31, 2012
                                                                                                                       BAY



                                                                                                                                                        Prepared for on Sep 10, 2012                                                               20    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                 Mobile: 92379931



                                                                                                                       2.4     What are similar units rented for in comparable projects?

                                                                                                                       Comparable units are other rented units that are similar in size (up to ±20%) and floor level (up to ±5
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       floors) to CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. In establishing a rent
                                                                                                                       for this unit, it is useful to observe the range of prices for which other comparable units were rented
                                                                                                                       for.


                                                                                                                       In the table below, we list the latest similar unit rental transaction details in comparable projects.




                                                                                                                                                                                                                     31
                                                                                                                       Data is analyzed directly from the property agency. Rows highlighted in yellow refer to the highest and
                                                                                                                       lowest prices in the table.




                                                                                                                                                                                                                   99
                                                                                                                               Project                                 Address                            Size        Price           PSF           Contract
                                                                                                                       THE PEARL @ MOUNT           3 Mount Faber Road




                                                                                                                                                                                                                 37
                                                                                                                                                                          SRX                           1,388       $5,400         $3.89        Aug 28, 2012
                                                                                                                       FABER
                                                                                                                       THE PEARL @ MOUNT           3 Mount Faber Road     SRX                           1,388       $5,400         $3.89        Aug 22, 2012
                                                                                                                       FABER
                                                                                                                       REFLECTIONS AT
                                                                                                                       KEPPEL BAY
                                                                                                                                                   33 Keppel Bay View     SRX                           92
                                                                                                                                                                                                        1,302       $5,300         $4.07        Aug 15, 2012


                                                                                                                       REFLECTIONS AT              31 Keppel Bay View     SRX                           1,280       $5,300         $4.14        Aug 15, 2012
                                                                                                                                                                                          @
                                                                                                                       KEPPEL BAY
                                                                                                                       REFLECTIONS AT              31 Keppel Bay View     SRX                           1,356       $5,600         $4.13        Aug 13, 2012
                                                                                                                       KEPPEL BAY
                                                                                                                                                                                g


                                                                                                                       REFLECTIONS AT              31 Keppel Bay View     SRX                           1,367       $5,500         $4.02        Aug 3, 2012
                                                                                                                                                        on



                                                                                                                       KEPPEL BAY
                                                                                                                       REFLECTIONS AT              31 Keppel Bay View     SRX                           1,291       $6,100         $4.72        Aug 2, 2012
                                                                                                                       KEPPEL BAY
                                                                                                                                                      tT




                                                                                                                       REFLECTIONS AT              27 Keppel Bay View     SRX                           1,302       $5,200         $3.99        Jul 19, 2012
                                                                                                                       KEPPEL BAY
                                                                                                                       REFLECTIONS AT              27 Keppel Bay View     SRX                           1,323       $5,000         $3.78        Jun 12, 2012
                                                                                                                                           en




                                                                                                                       KEPPEL BAY
                                                                                                                       REFLECTIONS AT              27 Keppel Bay View     SRX                           1,323       $5,000         $3.78        Jun 8, 2012
                                                                                                                       KEPPEL BAY
                                                                                                                                nc
                                                                                                                        Vi




                                                                                                                                                         Prepared for on Sep 10, 2012                                                               21    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       2.5     What are landlords asking for in Caribbean At Keppel Bay and other
                                                                                                                               nearby projects?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       As of Sep 10, 2012, there are 255 active rental listings found in Caribbean At Keppel Bay and other
                                                                                                                       nearby projects that are for subletting of the entire unit. The table shows the minimum, median and
                                                                                                                       maximum asking rent PSF in these listings.




                                                                                                                                                                                                                    31
                                                                                                                                                                      Min. PSF                Median PSF                Max. PSF                 # Listings

                                                                                                                       Caribbean At Keppel Bay                           $3.10                        $5.06               $7.22                      255




                                                                                                                                                                                                                  99
                                                                                                                       The Pearl @ Mount Faber                           $3.04                        $3.71               $4.68                      10

                                                                                                                       Reflections At Keppel Bay                         $3.55                        $5.08               $7.10                      593




                                                                                                                                                                                                                37
                                                                                                                                                                                                                         Total Listings              858



                                                                                                                       The table shows the minimum, median and maximum asking rents in these listings.


                                                                                                                                                                      Min. Rent
                                                                                                                                                                                                        92
                                                                                                                                                                                              Median Rent              Max. Rent                 # Listings
                                                                                                                                                                                        @
                                                                                                                       Caribbean At Keppel Bay                          $4,500                    $6,500                 $11,880                     255

                                                                                                                       The Pearl @ Mount Faber                          $4,900                    $6,650                  $8,000                     10

                                                                                                                       Reflections At Keppel Bay                        $4,500                    $7,000                  $9,900                     593
                                                                                                                                                                              g


                                                                                                                                                                                                                         Total Listings              858
                                                                                                                                                        on



                                                                                                                       Refer to Annex for details on all active rental listings.
                                                                                                                                                      tT
                                                                                                                                           en
                                                                                                                                nc
                                                                                                                        Vi




                                                                                                                                                         Prepared for on Sep 10, 2012                                                              22     of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       2.6      What could the landlord be paying for his monthly mortgage
                                                                                                                                instalments?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       The monthly mortgage based on the last sold price is an indication of part of the current landlord's
                                                                                                                       cost.


                                                                                                                       Address                                        : CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6




                                                                                                                                                                                                                     31
                                                                                                                       Purchase price                                 : $ 2,200,000
                                                                                                                       Purchase date                                  : Aug 30, 2012




                                                                                                                                                                                                                   99
                                                                                                                       Assumptions
                                                                                                                       Interest rate                                  : 2.0%




                                                                                                                                                                                                                 37
                                                                                                                       Down payment                                   : 20%
                                                                                                                       Term of loan                                   : 30 years


                                                                                                                       Monthly mortgage payments                      : $6,505 per month
                                                                                                                                                                                                       92
                                                                                                                                                                                         @
                                                                                                                                                                               g
                                                                                                                                                         on
                                                                                                                                                       tT
                                                                                                                                            en
                                                                                                                                 nc
                                                                                                                        Vi




                                                                                                                                                          Prepared for on Sep 10, 2012                                                              23    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       3. Investing

                                                                                                                       3.1    What return have owners earned from selling their Caribbean At
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                              Keppel Bay units?

                                                                                                                       On average, the annual profit/loss experienced for all resale transactions in Caribbean At Keppel Bay
                                                                                                                       was 11.6%. (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




                                                                                                                                                                                                                   31
                                                                                                                       and held for at least one year and then resold.

                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized




                                                                                                                                                                                                                 99
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       34 Keppel Bay Drive #01-74                 1,722      $1,103 psf (Dec 06)       $1,829 psf (Aug 12)            65.8%             9.3%




                                                                                                                                                                                                               37
                                                                                                                       40 Keppel Bay Drive #02-99                 1,636      $928 psf (Oct 00)         $1,613 psf (Aug 12)            73.8%             4.8%
                                                                                                                       32 Keppel Bay Drive #07-57                 1,216      $863 psf (Oct 00)         $1,529 psf (Aug 12)            77.1%             4.9%
                                                                                                                       44 Keppel Bay Drive #02-124                894        $1,420 psf (Oct 09)       $1,577 psf (Aug 12)            11.0%             3.8%
                                                                                                                       34 Keppel Bay Drive #05-73
                                                                                                                       44 Keppel Bay Drive #05-119
                                                                                                                                                                  1,206
                                                                                                                                                                  840
                                                                                                                                                                             $1,200 psf (Mar 07)
                                                                                                                                                                             $1,628 psf (Oct 10)
                                                                                                                                                                                                     92$1,525 psf (Aug 12)
                                                                                                                                                                                                       $1,820 psf (Aug 12)
                                                                                                                                                                                                                                      27.1%
                                                                                                                                                                                                                                      11.8%
                                                                                                                                                                                                                                                        4.5%
                                                                                                                                                                                                                                                        6.3%
                                                                                                                       32 Keppel Bay Drive #02-62                 1,335      $900 psf (Sep 00)         $1,520 psf (Jul 12)            69.0%             4.5%
                                                                                                                                                                                       @
                                                                                                                       46 Keppel Bay Drive #04-130                883        $856 psf (Apr 05)         $1,653 psf (Jul 12)            93.0%             9.4%
                                                                                                                       32 Keppel Bay Drive #01-63                 1,486      $781 psf (Oct 00)         $1,547 psf (Jul 12)            98.1%             6.0%
                                                                                                                       42 Keppel Bay Drive #02-107                1,227      $1,333 psf (Nov 09)       $1,483 psf (Jul 12)            11.2%             4.1%
                                                                                                                                                                             g


                                                                                                                       18 Keppel Bay Drive #04-25                 1,324      $1,500 psf (Oct 07)       $1,510 psf (Jun 12)            0.7%              0.2%
                                                                                                                                                       on



                                                                                                                       4 Keppel Bay Drive #05-03                  1,281      $1,190 psf (Aug 07)       $1,444 psf (Jun 12)            21.4%             4.0%
                                                                                                                       6 Keppel Bay Drive #06-04                  1,647      $837 psf (Oct 00)         $1,669 psf (May 12)            99.4%             6.1%
                                                                                                                                                     tT




                                                                                                                       32 Keppel Bay Drive #06-58                 1,248      $1,322 psf (Jun 07)       $1,522 psf (May 12)            15.2%             2.9%
                                                                                                                       6 Keppel Bay Drive #05-05                  1,281      $698 psf (Jul 05)         $1,474 psf (May 12)           111.2%         11.4%
                                                                                                                       32 Keppel Bay Drive #01-58                 1,335      $779 psf (Oct 00)         $1,460 psf (May 12)            87.4%             5.5%
                                                                                                                                          en




                                                                                                                       34 Keppel Bay Drive #05-69                 1,217      $851 psf (Oct 00)         $1,499 psf (May 12)            76.0%             5.0%
                                                                                                                       10 Keppel Bay Drive #10-11                 1,313      $1,218 psf (Jul 09)       $1,492 psf (May 12)            22.5%             7.4%
                                                                                                                               nc




                                                                                                                       40 Keppel Bay Drive #01-98                 1,733      $858 psf (Jan 05)         $1,615 psf (May 12)            88.1%             9.0%
                                                                                                                       44 Keppel Bay Drive #06-124                894        $1,368 psf (Sep 09)       $1,672 psf (May 12)            22.2%             7.8%
                                                                                                                       10 Keppel Bay Drive #05-10                 1,281      $685 psf (May 06)         $1,434 psf (Apr 12)           109.3%         13.3%
                                                                                                                        Vi




                                                                                                                       46 Keppel Bay Drive #05-130                882        $966 psf (Nov 00)         $1,608 psf (Apr 12)            66.5%             4.5%
                                                                                                                       46 Keppel Bay Drive #04-126                1,335      $812 psf (Jan 06)         $1,483 psf (Apr 12)            82.6%         10.1%
                                                                                                                       32 Keppel Bay Drive #04-59                 1,227      $752 psf (Aug 06)         $1,438 psf (Apr 12)            91.2%         12.1%
                                                                                                                       30 Keppel Bay Drive #07-50                 1,357      $935 psf (Oct 00)         $1,569 psf (Apr 12)            67.7%             4.6%
                                                                                                                       30 Keppel Bay Drive #08-45                 1,216      $879 psf (Oct 00)         $1,480 psf (Apr 12)            68.4%             4.6%
                                                                                                                       46 Keppel Bay Drive #07-130                883        $1,426 psf (Mar 10)       $1,642 psf (Mar 12)            15.1%             7.0%
                                                                                                                       44 Keppel Bay Drive #08-115                1,356      $1,300 psf (Aug 09)       $1,541 psf (Mar 12)            18.6%             6.8%
                                                                                                                       18 Keppel Bay Drive #03-23                 893        $1,422 psf (Nov 07)       $1,623 psf (Mar 12)            14.2%             3.1%
                                                                                                                       24 Keppel Bay Drive #06-33                 904        $864 psf (Oct 00)         $1,670 psf (Mar 12)            93.3%             5.9%
                                                                                                                       30 Keppel Bay Drive #01-47                 1,130      $1,203 psf (Jan 10)       $1,433 psf (Mar 12)            19.1%             8.6%
                                                                                                                       30 Keppel Bay Drive #01-46                 1,131      $789 psf (Sep 05)         $1,370 psf (Feb 12)            73.6%             8.9%

                                                                                                                                                        Prepared for on Sep 10, 2012                                                              24     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       10 Keppel Bay Drive #06-10                 1,281      $1,190 psf (Oct 07)       $1,350 psf (Feb 12)            13.5%             3.0%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       32 Keppel Bay Drive #05-56                 1,205      $1,124 psf (Apr 07)       $1,485 psf (Feb 12)            32.1%             5.9%
                                                                                                                       34 Keppel Bay Drive #03-73                 1,206      $827 psf (Oct 00)         $1,540 psf (Jan 12)            86.2%             5.6%
                                                                                                                       44 Keppel Bay Drive #04-115                1,335      $1,290 psf (Aug 09)       $1,610 psf (Dec 11)            24.8%             9.8%
                                                                                                                       40 Keppel Bay Drive #02-98                 1,636      $1,130 psf (Jul 09)       $1,650 psf (Dec 11)            46.0%         16.8%
                                                                                                                       10 Keppel Bay Drive #02-11                 1,281      $1,202 psf (Aug 07)       $1,428 psf (Dec 11)            18.8%             4.0%




                                                                                                                                                                                                                   31
                                                                                                                       42 Keppel Bay Drive #05-112                893        $1,355 psf (Sep 09)       $1,573 psf (Dec 11)            16.1%             6.9%
                                                                                                                       12 Keppel Bay Drive #01-15                 2,282      $1,314 psf (Jul 07)       $1,402 psf (Nov 11)            6.7%              1.5%




                                                                                                                                                                                                                 99
                                                                                                                       44 Keppel Bay Drive #09-118                839        $1,525 psf (Nov 09)       $1,644 psf (Nov 11)            7.8%              3.8%
                                                                                                                       30 Keppel Bay Drive #08-48                 1,217      $1,199 psf (Apr 07)       $1,462 psf (Oct 11)            21.9%             4.5%
                                                                                                                       34 Keppel Bay Drive #04-76                 893        $840 psf (Oct 00)         $1,657 psf (Oct 11)            97.2%             6.4%




                                                                                                                                                                                                               37
                                                                                                                       44 Keppel Bay Drive #01-116                1,485      $1,200 psf (Aug 09)       $1,387 psf (Oct 11)            15.6%             7.0%
                                                                                                                       32 Keppel Bay Drive #06-61                 1,206      $869 psf (Oct 00)         $1,598 psf (Oct 11)            83.9%             5.7%
                                                                                                                       40 Keppel Bay Drive #06-99
                                                                                                                       34 Keppel Bay Drive #05-67
                                                                                                                       46 Keppel Bay Drive #04-132
                                                                                                                                                                  3,208
                                                                                                                                                                  1,669
                                                                                                                                                                  893
                                                                                                                                                                             $724 psf (Sep 00)
                                                                                                                                                                             $936 psf (Oct 00)
                                                                                                                                                                             $1,334 psf (May 08)
                                                                                                                                                                                                     92$1,246 psf (Oct 11)
                                                                                                                                                                                                       $1,557 psf (Oct 11)
                                                                                                                                                                                                       $1,601 psf (Sep 11)
                                                                                                                                                                                                                                      72.1%
                                                                                                                                                                                                                                      66.4%
                                                                                                                                                                                                                                      20.0%
                                                                                                                                                                                                                                                        5.0%
                                                                                                                                                                                                                                                        4.7%
                                                                                                                                                                                                                                                        5.6%
                                                                                                                                                                                       @
                                                                                                                       16 Keppel Bay Drive #06-22                 872        $1,433 psf (Jul 07)       $1,649 psf (Sep 11)            15.0%             3.4%
                                                                                                                       44 Keppel Bay Drive #08-116                1,227      $1,304 psf (Sep 09)       $1,487 psf (Sep 11)            14.0%             6.9%
                                                                                                                       34 Keppel Bay Drive #01-76                 1,271      $1,199 psf (Feb 10)       $1,333 psf (Sep 11)            11.2%             7.0%
                                                                                                                                                                             g


                                                                                                                       30 Keppel Bay Drive #08-47                 840        $999 psf (Oct 00)         $1,738 psf (Sep 11)            73.9%             5.2%
                                                                                                                                                       on



                                                                                                                       32 Keppel Bay Drive #03-61                 1,248      $1,354 psf (Feb 10)       $1,506 psf (Sep 11)            11.2%             6.9%
                                                                                                                       24 Keppel Bay Drive #01-34                 1,830      $1,420 psf (Jul 08)       $1,639 psf (Sep 11)            15.4%             4.7%
                                                                                                                       38 Keppel Bay Drive #01-83                 2,691      $817 psf (Feb 06)         $1,635 psf (Aug 11)           100.0%         13.4%
                                                                                                                                                     tT




                                                                                                                       46 Keppel Bay Drive #05-126                1,335      $1,385 psf (Aug 09)       $1,646 psf (Aug 11)            18.8%             8.7%
                                                                                                                       32 Keppel Bay Drive #06-54                 1,357      $892 psf (Oct 00)         $1,547 psf (Aug 11)            73.4%             5.2%
                                                                                                                                          en




                                                                                                                       6 Keppel Bay Drive #02-04                  1,647      $729 psf (Apr 05)         $1,639 psf (Aug 11)           124.8%         13.6%
                                                                                                                       46 Keppel Bay Drive #09-129                1,270      $624 psf (Sep 04)         $1,385 psf (Aug 11)           121.8%         12.2%
                                                                                                                       30 Keppel Bay Drive #07-43                 1,356      $862 psf (Sep 06)         $1,589 psf (Aug 11)            84.2%         13.2%
                                                                                                                               nc




                                                                                                                       44 Keppel Bay Drive #09-119                840        $1,520 psf (Sep 09)       $1,869 psf (Aug 11)            23.0%         11.6%
                                                                                                                       46 Keppel Bay Drive #09-131                1,356      $1,165 psf (Jun 09)       $1,585 psf (Aug 11)            36.1%         15.2%
                                                                                                                       Vi




                                                                                                                       30 Keppel Bay Drive #03-44                 1,249      $747 psf (Dec 05)         $1,535 psf (Aug 11)           105.4%         13.5%
                                                                                                                       18 Keppel Bay Drive #08-24                 926        $1,328 psf (Jun 07)       $1,619 psf (Aug 11)            22.0%             4.9%
                                                                                                                       20 Keppel Bay Drive #04-26                 893        $817 psf (May 05)         $1,567 psf (Aug 11)            91.7%         11.1%
                                                                                                                       16 Keppel Bay Drive #07-22                 872        $828 psf (Jul 04)         $1,700 psf (Jul 11)           105.3%         10.8%
                                                                                                                       30 Keppel Bay Drive #02-46                 840        $975 psf (Oct 00)         $1,797 psf (Jul 11)            84.4%             5.8%
                                                                                                                       14 Keppel Bay Drive #06-17                 1,281      $1,300 psf (Aug 09)       $1,545 psf (Jul 11)            18.9%             9.6%
                                                                                                                       46 Keppel Bay Drive #09-127                893        $861 psf (May 05)         $1,679 psf (Jul 11)            94.9%         11.5%
                                                                                                                       44 Keppel Bay Drive #03-115                1,335      $1,290 psf (Aug 09)       $1,513 psf (Jul 11)            17.3%             8.8%
                                                                                                                       12 Keppel Bay Drive #06-15                 1,647      $1,370 psf (Aug 07)       $1,517 psf (Jul 11)            10.8%             2.7%
                                                                                                                       16 Keppel Bay Drive #08-22                 872        $934 psf (Oct 00)         $1,700 psf (Jul 11)            82.0%             5.7%
                                                                                                                       12 Keppel Bay Drive #07-13                 1,281      $1,410 psf (Aug 07)       $1,733 psf (Jun 11)            22.9%             5.5%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              25     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       30 Keppel Bay Drive #01-50                 1,475      $774 psf (May 05)         $1,410 psf (Jun 11)            82.1%         10.2%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       34 Keppel Bay Drive #01-66                 1,733      $1,327 psf (Jul 07)       $1,552 psf (Jun 11)            17.0%             4.0%
                                                                                                                       34 Keppel Bay Drive #05-75                 1,669      $928 psf (Oct 00)         $1,605 psf (Jun 11)            73.0%             5.2%
                                                                                                                       10 Keppel Bay Drive #05-12                 1,647      $1,262 psf (Sep 08)       $1,639 psf (Jun 11)            29.8%             9.8%
                                                                                                                       36 Keppel Bay Drive #01-82                 2,692      $1,399 psf (Jun 10)       $1,708 psf (Jun 11)            22.1%         21.9%
                                                                                                                       14 Keppel Bay Drive #07-17                 1,281      $839 psf (Sep 00)         $1,451 psf (May 11)            72.9%             5.3%




                                                                                                                                                                                                                   31
                                                                                                                       20 Keppel Bay Drive #02-28                 1,335      $848 psf (Oct 06)         $1,483 psf (May 11)            74.8%         12.9%
                                                                                                                       4 Keppel Bay Drive #08-02                  1,270      $878 psf (Oct 00)         $1,574 psf (May 11)            79.4%             5.6%




                                                                                                                                                                                                                 99
                                                                                                                       4 Keppel Bay Drive #04-01                  1,647      $1,170 psf (Jun 09)       $1,517 psf (May 11)            29.7%         14.4%
                                                                                                                       40 Keppel Bay Drive #04-96                 1,227      $1,338 psf (Sep 07)       $1,514 psf (May 11)            13.2%             3.4%
                                                                                                                       10 Keppel Bay Drive #04-12                 1,647      $756 psf (Oct 04)         $1,608 psf (May 11)           112.7%         12.2%




                                                                                                                                                                                                               37
                                                                                                                       24 Keppel Bay Drive #04-33                 893        $923 psf (Oct 06)         $1,733 psf (May 11)            87.6%         14.7%
                                                                                                                       6 Keppel Bay Drive #10-05                  1,313      $761 psf (Oct 06)         $1,538 psf (May 11)           102.0%         16.7%
                                                                                                                       30 Keppel Bay Drive #05-52
                                                                                                                       34 Keppel Bay Drive #02-71
                                                                                                                       12 Keppel Bay Drive #04-14
                                                                                                                                                                  893
                                                                                                                                                                  1,227
                                                                                                                                                                  1,281
                                                                                                                                                                             $1,500 psf (Apr 10)
                                                                                                                                                                             $833 psf (Oct 00)
                                                                                                                                                                             $1,366 psf (Oct 07)
                                                                                                                                                                                                     92$1,567 psf (May 11)
                                                                                                                                                                                                       $1,491 psf (May 11)
                                                                                                                                                                                                       $1,494 psf (Apr 11)
                                                                                                                                                                                                                                      4.5%
                                                                                                                                                                                                                                      79.0%
                                                                                                                                                                                                                                      9.4%
                                                                                                                                                                                                                                                        4.3%
                                                                                                                                                                                                                                                        5.7%
                                                                                                                                                                                                                                                        2.6%
                                                                                                                                                                                       @
                                                                                                                       44 Keppel Bay Drive #08-113                893        $1,338 psf (Aug 09)       $1,567 psf (Apr 11)            17.2%             9.9%
                                                                                                                       34 Keppel Bay Drive #03-75                 1,636      $1,670 psf (Nov 07)       $1,671 psf (Apr 11)            0.1%              0.0%
                                                                                                                       40 Keppel Bay Drive #04-89                 893        $1,310 psf (Jul 07)       $1,623 psf (Mar 11)            23.9%             5.9%
                                                                                                                                                                             g


                                                                                                                       36 Keppel Bay Drive #01-79                 2,724      $856 psf (Oct 00)         $1,671 psf (Mar 11)            95.2%             6.6%
                                                                                                                                                       on



                                                                                                                       40 Keppel Bay Drive #04-98                 1,636      $1,450 psf (Nov 09)       $1,589 psf (Mar 11)            9.6%              6.9%
                                                                                                                       46 Keppel Bay Drive #09-132                894        $838 psf (Oct 05)         $1,530 psf (Mar 11)            82.4%         11.7%
                                                                                                                       46 Keppel Bay Drive #08-129                1,270      $620 psf (Sep 04)         $1,354 psf (Mar 11)           118.2%         12.7%
                                                                                                                                                     tT




                                                                                                                       20 Keppel Bay Drive #05-29                 872        $1,494 psf (Dec 07)       $1,605 psf (Mar 11)            7.4%              2.2%
                                                                                                                       12 Keppel Bay Drive #05-14                 1,281      $1,327 psf (Sep 08)       $1,506 psf (Mar 11)            13.5%             5.2%
                                                                                                                                          en




                                                                                                                       32 Keppel Bay Drive #04-64                 894        $771 psf (Aug 05)         $1,504 psf (Mar 11)            94.9%         12.7%
                                                                                                                       8 Keppel Bay Drive #01-08                  1,377      $835 psf (Nov 06)         $1,407 psf (Mar 11)            68.5%         12.9%
                                                                                                                       8 Keppel Bay Drive #04-08                  1,281      $922 psf (Jan 07)         $1,537 psf (Mar 11)            66.7%         13.1%
                                                                                                                               nc




                                                                                                                       30 Keppel Bay Drive #02-47                 840        $975 psf (Oct 00)         $1,672 psf (Jan 11)            71.6%             5.4%
                                                                                                                       42 Keppel Bay Drive #05-111                1,335      $1,328 psf (Dec 09)       $1,475 psf (Jan 11)            11.0%             9.6%
                                                                                                                       Vi




                                                                                                                       42 Keppel Bay Drive #02-106                1,227      $1,348 psf (Sep 09)       $1,466 psf (Jan 11)            8.8%              6.6%
                                                                                                                       16 Keppel Bay Drive #03-22                 872        $813 psf (Aug 04)         $1,548 psf (Jan 11)            90.2%         10.6%
                                                                                                                       22 Keppel Bay Drive #05-30                 893        $821 psf (Oct 04)         $1,548 psf (Jan 11)            88.5%         10.7%
                                                                                                                       40 Keppel Bay Drive #06-100                904        $1,382 psf (Aug 07)       $1,680 psf (Jan 11)            21.5%             5.9%
                                                                                                                       40 Keppel Bay Drive #06-94                 1,248      $1,274 psf (Aug 09)       $1,466 psf (Jan 11)            15.1%         10.3%
                                                                                                                       44 Keppel Bay Drive #07-114                1,356      $1,310 psf (Jul 09)       $1,474 psf (Jan 11)            12.6%             8.6%
                                                                                                                       46 Keppel Bay Drive #08-125                893        $1,377 psf (Jul 09)       $1,690 psf (Jan 11)            22.8%         15.2%
                                                                                                                       16 Keppel Bay Drive #06-20                 1,334      $892 psf (Feb 06)         $1,409 psf (Jan 11)            57.8%             9.8%
                                                                                                                       32 Keppel Bay Drive #03-54                 1,335      $1,460 psf (Jul 07)       $1,573 psf (Dec 10)            7.7%              2.2%
                                                                                                                       24 Keppel Bay Drive #01-36                 1,141      $713 psf (Oct 00)         $1,375 psf (Dec 10)            93.0%             6.6%
                                                                                                                       44 Keppel Bay Drive #07-117                1,227      $1,305 psf (Sep 09)       $1,475 psf (Dec 10)            13.0%         10.1%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              26     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       30 Keppel Bay Drive #03-52                 894        $1,398 psf (Oct 09)       $1,532 psf (Dec 10)            9.6%              8.3%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       10 Keppel Bay Drive #06-11                 1,281      $689 psf (Jun 05)         $1,342 psf (Dec 10)            94.7%         12.9%
                                                                                                                       30 Keppel Bay Drive #02-42                 1,335      $1,300 psf (Aug 07)       $1,438 psf (Dec 10)            10.6%             3.1%
                                                                                                                       34 Keppel Bay Drive #06-66                 3,208      $935 psf (Sep 08)         $1,302 psf (Dec 10)            39.3%         15.9%
                                                                                                                       34 Keppel Bay Drive #04-66                 1,636      $931 psf (Oct 00)         $1,448 psf (Dec 10)            55.5%             4.4%
                                                                                                                       34 Keppel Bay Drive #02-74                 1,636      $1,301 psf (Dec 07)       $1,545 psf (Dec 10)            18.7%             6.0%




                                                                                                                                                                                                                   31
                                                                                                                       46 Keppel Bay Drive #05-132                893        $821 psf (Jul 05)         $1,399 psf (Nov 10)            70.4%         10.4%
                                                                                                                       44 Keppel Bay Drive #09-113                904        $1,380 psf (Sep 09)       $1,526 psf (Nov 10)            10.6%             8.6%




                                                                                                                                                                                                                 99
                                                                                                                       22 Keppel Bay Drive #02-31                 882        $1,360 psf (Aug 07)       $1,507 psf (Nov 10)            10.8%             3.2%
                                                                                                                       38 Keppel Bay Drive #05-88                 3,540      $781 psf (Oct 00)         $1,228 psf (Nov 10)            57.1%             4.6%
                                                                                                                       38 Keppel Bay Drive #05-87                 3,121      $777 psf (Oct 00)         $1,228 psf (Nov 10)            58.0%             4.6%




                                                                                                                                                                                                               37
                                                                                                                       30 Keppel Bay Drive #09-42                 2,584      $662 psf (Oct 05)         $1,044 psf (Nov 10)            57.7%             9.4%
                                                                                                                       32 Keppel Bay Drive #02-56                 1,205      $1,391 psf (Aug 07)       $1,405 psf (Oct 10)            1.0%              0.3%
                                                                                                                       30 Keppel Bay Drive #06-44
                                                                                                                       34 Keppel Bay Drive #02-67
                                                                                                                       6 Keppel Bay Drive #08-05
                                                                                                                                                                  1,206
                                                                                                                                                                  1,636
                                                                                                                                                                  1,270
                                                                                                                                                                             $774 psf (Oct 05)
                                                                                                                                                                             $929 psf (Oct 06)
                                                                                                                                                                             $968 psf (Apr 09)
                                                                                                                                                                                                     92$1,782 psf (Oct 10)
                                                                                                                                                                                                       $1,488 psf (Oct 10)
                                                                                                                                                                                                       $1,480 psf (Oct 10)
                                                                                                                                                                                                                                     130.3%
                                                                                                                                                                                                                                      60.1%
                                                                                                                                                                                                                                      52.8%
                                                                                                                                                                                                                                                    18.2%
                                                                                                                                                                                                                                                    12.3%
                                                                                                                                                                                                                                                    32.5%
                                                                                                                                                                                       @
                                                                                                                       32 Keppel Bay Drive #07-60                 1,216      $779 psf (Jul 05)         $1,398 psf (Oct 10)            79.4%         11.9%
                                                                                                                       34 Keppel Bay Drive #02-76                 893        $833 psf (Sep 00)         $1,554 psf (Oct 10)            86.5%             6.4%
                                                                                                                       44 Keppel Bay Drive #05-119                840        $985 psf (Oct 00)         $1,628 psf (Oct 10)            65.2%             5.1%
                                                                                                                                                                             g


                                                                                                                       20 Keppel Bay Drive #05-28                 1,335      $1,183 psf (Jul 09)       $1,498 psf (Oct 10)            26.6%         20.8%
                                                                                                                                                       on



                                                                                                                       24 Keppel Bay Drive #05-34                 1,669      $928 psf (Dec 06)         $1,608 psf (Sep 10)            73.2%         15.8%
                                                                                                                       46 Keppel Bay Drive #04-125                893        $927 psf (Oct 06)         $1,500 psf (Sep 10)            61.8%         13.3%
                                                                                                                       38 Keppel Bay Drive #01-88                 2,691      $834 psf (Oct 00)         $1,534 psf (Sep 10)            83.8%             6.3%
                                                                                                                                                     tT




                                                                                                                       32 Keppel Bay Drive #05-55                 1,335      $1,100 psf (May 09)       $1,498 psf (Sep 10)            36.2%         25.9%
                                                                                                                       4 Keppel Bay Drive #07-02                  1,281      $1,300 psf (Jul 07)       $1,451 psf (Sep 10)            11.7%             3.6%
                                                                                                                                          en




                                                                                                                       44 Keppel Bay Drive #03-118                840        $1,310 psf (Aug 09)       $1,559 psf (Sep 10)            19.0%         18.0%
                                                                                                                       36 Keppel Bay Drive #03-77                 2,078      $946 psf (Sep 00)         $1,924 psf (Aug 10)           103.4%             7.4%
                                                                                                                       40 Keppel Bay Drive #06-93                 1,292      $1,160 psf (May 07)       $1,381 psf (Aug 10)            19.0%             5.5%
                                                                                                                               nc




                                                                                                                       32 Keppel Bay Drive #05-61                 1,206      $778 psf (Sep 04)         $1,616 psf (Aug 10)           107.7%         13.2%
                                                                                                                       4 Keppel Bay Drive #04-02                  1,280      $1,351 psf (Sep 07)       $1,476 psf (Jul 10)            9.2%              3.1%
                                                                                                                       Vi




                                                                                                                       32 Keppel Bay Drive #07-59                 1,248      $770 psf (May 06)         $1,465 psf (Jul 10)            90.3%         16.9%
                                                                                                                       30 Keppel Bay Drive #02-43                 1,335      $866 psf (Oct 06)         $1,573 psf (Jun 10)            81.5%         17.4%
                                                                                                                       32 Keppel Bay Drive #04-62                 1,335      $1,340 psf (Jun 07)       $1,460 psf (Jun 10)            8.9%              2.9%
                                                                                                                       14 Keppel Bay Drive #06-18                 1,647      $1,335 psf (Jun 08)       $1,500 psf (Jun 10)            12.3%             5.9%
                                                                                                                       36 Keppel Bay Drive #01-82                 2,691      $821 psf (Oct 00)         $1,400 psf (Jun 10)            70.5%             5.7%
                                                                                                                       14 Keppel Bay Drive #02-16                 1,281      $1,288 psf (Nov 07)       $1,415 psf (Jun 10)            9.9%              3.7%
                                                                                                                       16 Keppel Bay Drive #01-19                 1,270      $635 psf (Jul 05)         $1,302 psf (Jun 10)           104.9%         15.8%
                                                                                                                       10 Keppel Bay Drive #07-12                 1,647      $770 psf (Sep 04)         $1,517 psf (Jun 10)            97.0%         12.6%
                                                                                                                       32 Keppel Bay Drive #06-59                 1,249      $680 psf (Sep 05)         $1,470 psf (May 10)           116.0%         18.0%
                                                                                                                       40 Keppel Bay Drive #06-89                 904        $1,393 psf (Aug 07)       $1,515 psf (May 10)            8.7%              3.1%
                                                                                                                       12 Keppel Bay Drive #03-13                 1,281      $724 psf (Jun 06)         $1,397 psf (Apr 10)            92.8%         18.4%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              27     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       24 Keppel Bay Drive #02-35                 1,636      $929 psf (Apr 06)         $1,528 psf (Apr 10)            64.4%         13.0%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       30 Keppel Bay Drive #02-41                 894        $1,096 psf (Apr 07)       $1,465 psf (Apr 10)            33.7%         10.0%
                                                                                                                       32 Keppel Bay Drive #02-55                 1,335      $892 psf (Oct 00)         $1,498 psf (Apr 10)            67.8%             5.6%
                                                                                                                       46 Keppel Bay Drive #08-126                1,356      $914 psf (Nov 06)         $1,474 psf (Apr 10)            61.3%         14.9%
                                                                                                                       30 Keppel Bay Drive #05-45                 1,216      $769 psf (Nov 04)         $1,505 psf (Apr 10)            95.5%         13.2%
                                                                                                                       32 Keppel Bay Drive #02-59                 1,227      $747 psf (Jun 06)         $1,379 psf (Apr 10)            84.5%         17.2%




                                                                                                                                                                                                                   31
                                                                                                                       40 Keppel Bay Drive #02-95                 1,227      $756 psf (Nov 05)         $1,427 psf (Apr 10)            88.9%         15.4%
                                                                                                                       30 Keppel Bay Drive #04-50                 1,335      $920 psf (Oct 00)         $1,450 psf (Apr 10)            57.4%             4.9%




                                                                                                                                                                                                                 99
                                                                                                                       36 Keppel Bay Drive #02-79                 2,432      $1,069 psf (Oct 06)       $1,768 psf (Apr 10)            65.4%         15.3%
                                                                                                                       14 Keppel Bay Drive #05-16                 1,281      $738 psf (Sep 05)         $1,381 psf (Apr 10)            87.1%         14.8%
                                                                                                                       32 Keppel Bay Drive #02-53                 893        $853 psf (Oct 00)         $1,545 psf (Apr 10)            81.0%             6.4%




                                                                                                                                                                                                               37
                                                                                                                       40 Keppel Bay Drive #01-91                 1,755      $849 psf (Sep 05)         $1,324 psf (Apr 10)            55.9%         10.1%
                                                                                                                       10 Keppel Bay Drive #05-11                 1,281      $1,295 psf (Oct 07)       $1,366 psf (Apr 10)            5.4%              2.2%
                                                                                                                       32 Keppel Bay Drive #03-62
                                                                                                                       10 Keppel Bay Drive #01-10
                                                                                                                       10 Keppel Bay Drive #04-10
                                                                                                                                                                  1,335
                                                                                                                                                                  1,377
                                                                                                                                                                  1,281
                                                                                                                                                                             $672 psf (Apr 03)
                                                                                                                                                                             $635 psf (Dec 05)
                                                                                                                                                                             $680 psf (Jun 06)
                                                                                                                                                                                                     92$1,486 psf (Apr 10)
                                                                                                                                                                                                       $1,256 psf (Apr 10)
                                                                                                                                                                                                       $1,240 psf (Mar 10)
                                                                                                                                                                                                                                     121.0%
                                                                                                                                                                                                                                      97.6%
                                                                                                                                                                                                                                      82.2%
                                                                                                                                                                                                                                                    12.1%
                                                                                                                                                                                                                                                    17.2%
                                                                                                                                                                                                                                                    17.4%
                                                                                                                                                                                       @
                                                                                                                       32 Keppel Bay Drive #04-60                 1,216      $815 psf (Oct 06)         $1,397 psf (Mar 10)            71.4%         16.8%
                                                                                                                       30 Keppel Bay Drive #03-47                 839        $979 psf (Oct 00)         $1,501 psf (Mar 10)            53.3%             4.6%
                                                                                                                       32 Keppel Bay Drive #02-54                 1,335      $873 psf (Oct 00)         $1,450 psf (Mar 10)            66.1%             5.5%
                                                                                                                                                                             g


                                                                                                                       32 Keppel Bay Drive #03-56                 1,205      $857 psf (Sep 00)         $1,401 psf (Mar 10)            63.5%             5.3%
                                                                                                                                                       on



                                                                                                                       32 Keppel Bay Drive #03-55                 1,335      $1,535 psf (Jan 08)       $1,460 psf (Mar 10)            -4.9%         -2.3%
                                                                                                                       32 Keppel Bay Drive #01-64                 1,270      $1,299 psf (Sep 07)       $1,288 psf (Mar 10)            -0.9%         -0.4%
                                                                                                                       46 Keppel Bay Drive #07-130                882        $869 psf (Apr 05)         $1,428 psf (Mar 10)            64.3%         10.7%
                                                                                                                                                     tT




                                                                                                                       46 Keppel Bay Drive #06-132                894        $1,395 psf (Feb 08)       $1,438 psf (Feb 10)            3.0%              1.5%
                                                                                                                       34 Keppel Bay Drive #05-70                 1,249      $760 psf (Dec 05)         $1,400 psf (Feb 10)            84.1%         15.7%
                                                                                                                                          en




                                                                                                                       34 Keppel Bay Drive #04-70                 1,227      $1,481 psf (Jul 07)       $1,401 psf (Feb 10)            -5.4%         -2.1%
                                                                                                                       30 Keppel Bay Drive #03-41                 893        $769 psf (Sep 05)         $1,489 psf (Feb 10)            93.5%         15.9%
                                                                                                                       24 Keppel Bay Drive #04-36                 872        $866 psf (Oct 00)         $1,525 psf (Feb 10)            75.9%             6.2%
                                                                                                                               nc




                                                                                                                       30 Keppel Bay Drive #04-42                 1,335      $1,116 psf (Mar 07)       $1,367 psf (Feb 10)            22.5%             7.2%
                                                                                                                       28 Keppel Bay Drive #04-39                 6,138      $961 psf (Oct 00)         $1,278 psf (Feb 10)            33.0%             3.1%
                                                                                                                       Vi




                                                                                                                       34 Keppel Bay Drive #01-76                 1,270      $654 psf (Sep 00)         $1,200 psf (Feb 10)            83.3%             6.7%
                                                                                                                       32 Keppel Bay Drive #01-54                 1,463      $1,025 psf (Feb 07)       $1,353 psf (Feb 10)            32.0%             9.6%
                                                                                                                       46 Keppel Bay Drive #10-125                904        $1,526 psf (Dec 07)       $1,548 psf (Feb 10)            1.4%              0.7%
                                                                                                                       32 Keppel Bay Drive #03-61                 1,249      $1,250 psf (Jun 07)       $1,353 psf (Feb 10)            8.2%              3.1%
                                                                                                                       34 Keppel Bay Drive #02-73                 1,206      $1,227 psf (May 07)       $1,326 psf (Jan 10)            8.1%              3.0%
                                                                                                                       46 Keppel Bay Drive #07-131                1,335      $1,333 psf (Jul 07)       $1,490 psf (Jan 10)            11.8%             4.4%
                                                                                                                       32 Keppel Bay Drive #06-64                 894        $779 psf (Jun 05)         $1,448 psf (Jan 10)            85.8%         14.3%
                                                                                                                       30 Keppel Bay Drive #08-52                 893        $791 psf (Oct 04)         $1,433 psf (Jan 10)            81.0%         11.9%
                                                                                                                       40 Keppel Bay Drive #05-90                 1,668      $936 psf (Oct 00)         $1,460 psf (Jan 10)            55.9%             4.9%
                                                                                                                       30 Keppel Bay Drive #05-47                 839        $986 psf (Oct 00)         $1,451 psf (Jan 10)            47.1%             4.3%
                                                                                                                       12 Keppel Bay Drive #10-13                 1,313      $1,012 psf (Apr 07)       $1,294 psf (Jan 10)            27.8%             9.3%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              28     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       16 Keppel Bay Drive #05-21                 1,335      $895 psf (Aug 06)         $1,400 psf (Dec 09)            56.2%         14.1%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       18 Keppel Bay Drive #03-25                 1,324      $752 psf (Oct 05)         $1,255 psf (Dec 09)            66.7%         13.0%
                                                                                                                       6 Keppel Bay Drive #03-06                  1,281      $680 psf (Feb 06)         $1,249 psf (Nov 09)            83.5%         17.5%
                                                                                                                       32 Keppel Bay Drive #03-59                 1,227      $751 psf (Aug 06)         $1,369 psf (Nov 09)            82.1%         20.2%
                                                                                                                       16 Keppel Bay Drive #01-21                 1,561      $1,037 psf (Apr 07)       $1,217 psf (Nov 09)            17.3%             6.4%
                                                                                                                       40 Keppel Bay Drive #04-98                 1,636      $949 psf (Sep 05)         $1,450 psf (Nov 09)            52.7%         10.8%




                                                                                                                                                                                                                   31
                                                                                                                       18 Keppel Bay Drive #07-24                 883        $936 psf (Oct 00)         $1,245 psf (Nov 09)            33.0%             3.2%
                                                                                                                       30 Keppel Bay Drive #03-52                 893        $1,343 psf (Sep 07)       $1,399 psf (Oct 09)            4.2%              1.9%




                                                                                                                                                                                                                 99
                                                                                                                       30 Keppel Bay Drive #08-42                 1,356      $906 psf (Oct 00)         $1,355 psf (Oct 09)            49.5%             4.6%
                                                                                                                       20 Keppel Bay Drive #07-27                 1,357      $887 psf (Nov 04)         $1,418 psf (Oct 09)            59.8%         10.0%
                                                                                                                       30 Keppel Bay Drive #09-45                 1,270      $774 psf (Mar 05)         $1,313 psf (Sep 09)            69.5%         12.4%




                                                                                                                                                                                                               37
                                                                                                                       20 Keppel Bay Drive #01-29                 1,141      $754 psf (Oct 00)         $1,183 psf (Sep 09)            56.9%             5.2%
                                                                                                                       36 Keppel Bay Drive #03-78                 1,872      $1,538 psf (Jul 07)       $1,741 psf (Sep 09)            13.2%             5.9%
                                                                                                                       44 Keppel Bay Drive #06-119
                                                                                                                       16 Keppel Bay Drive #05-20
                                                                                                                       30 Keppel Bay Drive #03-43
                                                                                                                                                                  839
                                                                                                                                                                  1,334
                                                                                                                                                                  1,335
                                                                                                                                                                             $990 psf (Oct 00)
                                                                                                                                                                             $887 psf (Apr 06)
                                                                                                                                                                             $846 psf (Sep 05)
                                                                                                                                                                                                     92$1,461 psf (Sep 09)
                                                                                                                                                                                                       $1,364 psf (Sep 09)
                                                                                                                                                                                                       $1,300 psf (Aug 09)
                                                                                                                                                                                                                                      47.6%
                                                                                                                                                                                                                                      53.8%
                                                                                                                                                                                                                                      53.5%
                                                                                                                                                                                                                                                        4.4%
                                                                                                                                                                                                                                                    13.5%
                                                                                                                                                                                                                                                    11.6%
                                                                                                                                                                                       @
                                                                                                                       14 Keppel Bay Drive #06-17                 1,281      $897 psf (Oct 06)         $1,300 psf (Aug 09)            44.8%         13.9%
                                                                                                                       40 Keppel Bay Drive #06-90                 3,207      $1,060 psf (Aug 07)       $1,028 psf (Aug 09)            -2.9%         -1.5%
                                                                                                                       40 Keppel Bay Drive #03-98                 1,636      $943 psf (Sep 05)         $1,375 psf (Aug 09)            45.7%         10.1%
                                                                                                                                                                             g


                                                                                                                       32 Keppel Bay Drive #05-60                 1,216      $1,300 psf (Mar 08)       $1,350 psf (Aug 09)            3.8%              2.7%
                                                                                                                                                       on



                                                                                                                       46 Keppel Bay Drive #05-129                1,270      $603 psf (Sep 04)         $1,290 psf (Aug 09)           113.8%         16.8%
                                                                                                                       40 Keppel Bay Drive #02-94                 1,227      $747 psf (Aug 06)         $1,303 psf (Aug 09)            74.4%         20.7%
                                                                                                                       46 Keppel Bay Drive #05-131                1,335      $826 psf (Jul 05)         $1,370 psf (Aug 09)            65.8%         13.2%
                                                                                                                                                     tT




                                                                                                                       40 Keppel Bay Drive #06-94                 1,249      $1,100 psf (May 07)       $1,273 psf (Aug 09)            15.7%             6.7%
                                                                                                                       26 Keppel Bay Drive #05-37                 3,122      $784 psf (Aug 04)         $960 psf (Aug 09)              22.4%             4.1%
                                                                                                                                          en




                                                                                                                       40 Keppel Bay Drive #06-98                 3,209      $969 psf (Jun 07)         $1,153 psf (Aug 09)            18.9%             8.5%
                                                                                                                       40 Keppel Bay Drive #04-97                 1,227      $747 psf (Apr 06)         $1,222 psf (Jul 09)            63.5%         16.0%
                                                                                                                       6 Keppel Bay Drive #04-05                  1,281      $788 psf (Nov 06)         $1,209 psf (Jul 09)            53.5%         17.2%
                                                                                                                               nc




                                                                                                                       10 Keppel Bay Drive #10-10                 1,313      $701 psf (Apr 06)         $1,250 psf (Jul 09)            78.1%         19.1%
                                                                                                                       46 Keppel Bay Drive #08-125                893        $867 psf (Oct 04)         $1,377 psf (Jul 09)            58.8%         10.1%
                                                                                                                       Vi




                                                                                                                       22 Keppel Bay Drive #04-30                 893        $817 psf (Nov 04)         $1,330 psf (Jul 09)            62.7%         10.9%
                                                                                                                       30 Keppel Bay Drive #05-42                 1,335      $1,300 psf (Jul 08)       $1,265 psf (Jul 09)            -2.6%         -2.6%
                                                                                                                       10 Keppel Bay Drive #10-11                 1,314      $1,027 psf (Feb 07)       $1,217 psf (Jul 09)            18.5%             7.2%
                                                                                                                       40 Keppel Bay Drive #02-98                 1,636      $937 psf (Sep 05)         $1,130 psf (Jul 09)            20.6%             5.0%
                                                                                                                       40 Keppel Bay Drive #03-92                 1,227      $742 psf (Sep 05)         $1,180 psf (Jul 09)            58.9%         12.8%
                                                                                                                       20 Keppel Bay Drive #05-28                 1,334      $866 psf (Sep 06)         $1,184 psf (Jul 09)            36.7%         11.6%
                                                                                                                       40 Keppel Bay Drive #02-90                 1,636      $957 psf (Nov 06)         $1,100 psf (Jun 09)            14.8%             5.5%
                                                                                                                       18 Keppel Bay Drive #04-23                 894        $814 psf (Jul 05)         $1,118 psf (Jun 09)            37.4%             8.5%
                                                                                                                       46 Keppel Bay Drive #09-131                1,356      $1,300 psf (Jul 07)       $1,165 psf (Jun 09)           -10.4%         -5.6%
                                                                                                                       8 Keppel Bay Drive #05-08                  1,281      $1,405 psf (Jul 07)       $1,131 psf (Jun 09)           -19.4%         -11.0%
                                                                                                                       46 Keppel Bay Drive #09-125                894        $838 psf (Jul 06)         $1,118 psf (May 09)            33.3%         10.7%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              29     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       6 Keppel Bay Drive #03-04                  1,647      $824 psf (Oct 00)         $1,000 psf (May 09)            21.3%             2.3%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       10 Keppel Bay Drive #04-11                 1,280      $681 psf (May 05)         $1,031 psf (May 09)            51.4%         10.9%
                                                                                                                       32 Keppel Bay Drive #05-55                 1,335      $908 psf (Sep 00)         $1,100 psf (May 09)            21.1%             2.2%
                                                                                                                       6 Keppel Bay Drive #01-04                  2,282      $1,139 psf (Jun 07)       $985 psf (Apr 09)             -13.5%         -7.6%
                                                                                                                       6 Keppel Bay Drive #08-05                  1,271      $802 psf (Nov 06)         $967 psf (Apr 09)              20.6%             8.1%
                                                                                                                       4 Keppel Bay Drive #07-03                  1,281      $755 psf (Jul 06)         $974 psf (Apr 09)              28.9%             9.6%




                                                                                                                                                                                                                   31
                                                                                                                       22 Keppel Bay Drive #01-31                 1,076      $1,115 psf (Mar 07)       $860 psf (Apr 09)             -22.8%         -11.9%
                                                                                                                       40 Keppel Bay Drive #01-100                1,271      $586 psf (Feb 05)         $786 psf (Mar 09)              34.1%             7.4%




                                                                                                                                                                                                                 99
                                                                                                                       22 Keppel Bay Drive #06-30                 894        $1,342 psf (Jun 07)       $1,006 psf (Mar 09)           -25.0%         -15.4%
                                                                                                                       46 Keppel Bay Drive #05-126                1,335      $817 psf (Sep 05)         $898 psf (Feb 09)              9.9%              2.8%
                                                                                                                       28 Keppel Bay Drive #03-39                 2,389      $941 psf (Dec 00)         $1,674 psf (Jan 09)            77.8%             7.3%




                                                                                                                                                                                                               37
                                                                                                                       30 Keppel Bay Drive #02-50                 1,334      $1,228 psf (Apr 07)       $937 psf (Dec 08)             -23.8%         -15.3%
                                                                                                                       20 Keppel Bay Drive #01-28                 1,560      $775 psf (Oct 00)         $1,410 psf (Nov 08)            81.9%             7.7%
                                                                                                                       36 Keppel Bay Drive #03-79
                                                                                                                       30 Keppel Bay Drive #08-41
                                                                                                                       42 Keppel Bay Drive #08-103
                                                                                                                                                                  2,389
                                                                                                                                                                  894
                                                                                                                                                                  2,582
                                                                                                                                                                             $933 psf (Nov 00)
                                                                                                                                                                             $790 psf (May 05)
                                                                                                                                                                             $711 psf (Nov 00)
                                                                                                                                                                                                     92$1,674 psf (Sep 08)
                                                                                                                                                                                                       $1,230 psf (Sep 08)
                                                                                                                                                                                                       $1,123 psf (Sep 08)
                                                                                                                                                                                                                                      79.4%
                                                                                                                                                                                                                                      55.6%
                                                                                                                                                                                                                                      57.9%
                                                                                                                                                                                                                                                        7.7%
                                                                                                                                                                                                                                                    14.0%
                                                                                                                                                                                                                                                        6.0%
                                                                                                                                                                                       @
                                                                                                                       12 Keppel Bay Drive #05-14                 1,281      $1,108 psf (Apr 07)       $1,327 psf (Sep 08)            19.7%         13.3%
                                                                                                                       34 Keppel Bay Drive #06-66                 3,209      $726 psf (Mar 06)         $934 psf (Sep 08)              28.7%         10.9%
                                                                                                                       10 Keppel Bay Drive #05-12                 1,647      $761 psf (Sep 04)         $1,262 psf (Sep 08)            65.9%         13.7%
                                                                                                                                                                             g


                                                                                                                       10 Keppel Bay Drive #02-12                 1,647      $971 psf (Dec 06)         $1,253 psf (Sep 08)            29.1%         16.4%
                                                                                                                                                       on



                                                                                                                       40 Keppel Bay Drive #01-93                 1,583      $947 psf (Jan 07)         $1,288 psf (Sep 08)            36.0%         20.8%
                                                                                                                       24 Keppel Bay Drive #01-34                 1,830      $833 psf (Jun 05)         $1,420 psf (Jul 08)            70.4%         18.4%
                                                                                                                       30 Keppel Bay Drive #05-42                 1,335      $848 psf (May 06)         $1,300 psf (Jul 08)            53.2%         21.4%
                                                                                                                                                     tT




                                                                                                                       12 Keppel Bay Drive #08-13                 1,271      $750 psf (Feb 06)         $1,274 psf (Jun 08)            69.8%         25.6%
                                                                                                                       26 Keppel Bay Drive #03-38                 2,077      $962 psf (Nov 00)         $1,757 psf (Jun 08)            82.5%             8.2%
                                                                                                                                          en




                                                                                                                       14 Keppel Bay Drive #06-18                 1,647      $737 psf (Mar 05)         $1,335 psf (Jun 08)            81.1%         20.1%
                                                                                                                       40 Keppel Bay Drive #01-90                 1,754      $850 psf (Sep 05)         $1,448 psf (May 08)            70.3%         22.1%
                                                                                                                       46 Keppel Bay Drive #06-130                883        $864 psf (Jun 05)         $1,381 psf (May 08)            59.8%         17.2%
                                                                                                                               nc




                                                                                                                       34 Keppel Bay Drive #01-73                 1,486      $660 psf (Jun 05)         $1,345 psf (May 08)           103.8%         27.8%
                                                                                                                       46 Keppel Bay Drive #04-132                894        $816 psf (Oct 05)         $1,333 psf (May 08)            63.2%         20.8%
                                                                                                                       Vi




                                                                                                                       18 Keppel Bay Drive #08-23                 926        $1,058 psf (Mar 07)       $1,457 psf (Apr 08)            37.8%         34.8%
                                                                                                                       14 Keppel Bay Drive #03-17                 1,281      $733 psf (Dec 04)         $1,288 psf (Apr 08)            75.6%         18.5%
                                                                                                                       32 Keppel Bay Drive #05-60                 1,216      $769 psf (Apr 06)         $1,300 psf (Mar 08)            68.8%         31.6%
                                                                                                                       32 Keppel Bay Drive #05-54                 1,335      $888 psf (Oct 00)         $1,550 psf (Mar 08)            74.5%             7.8%
                                                                                                                       30 Keppel Bay Drive #09-44                 1,270      $774 psf (Apr 06)         $1,299 psf (Mar 08)            67.7%         32.0%
                                                                                                                       34 Keppel Bay Drive #04-72                 1,216      $841 psf (Oct 00)         $1,350 psf (Feb 08)            60.4%             6.6%
                                                                                                                       24 Keppel Bay Drive #04-34                 1,636      $953 psf (Oct 06)         $1,723 psf (Jan 08)            80.8%         57.8%
                                                                                                                       26 Keppel Bay Drive #04-38                 2,099      $966 psf (Oct 00)         $1,691 psf (Jan 08)            74.9%             7.9%
                                                                                                                       32 Keppel Bay Drive #03-55                 1,335      $897 psf (Oct 00)         $1,535 psf (Jan 08)            71.0%             7.6%
                                                                                                                       30 Keppel Bay Drive #04-47                 840        $982 psf (Oct 00)         $1,607 psf (Jan 08)            63.6%             7.0%
                                                                                                                       34 Keppel Bay Drive #02-74                 1,636      $888 psf (May 06)         $1,301 psf (Dec 07)            46.6%         26.1%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              30     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       32 Keppel Bay Drive #04-63                 1,335      $852 psf (Sep 06)         $1,400 psf (Dec 07)            64.2%         48.7%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       20 Keppel Bay Drive #05-29                 872        $920 psf (Oct 00)         $1,494 psf (Dec 07)            62.3%             7.0%
                                                                                                                       20 Keppel Bay Drive #08-29                 883        $933 psf (Oct 00)         $1,585 psf (Dec 07)            69.8%             7.7%
                                                                                                                       8 Keppel Bay Drive #09-09                  1,271      $711 psf (Sep 04)         $1,459 psf (Dec 07)           105.3%         24.7%
                                                                                                                       34 Keppel Bay Drive #03-75                 1,636      $918 psf (Oct 00)         $1,670 psf (Nov 07)            81.9%             8.7%
                                                                                                                       12 Keppel Bay Drive #09-14                 1,270      $885 psf (Nov 06)         $1,450 psf (Nov 07)            63.7%         61.2%




                                                                                                                                                                                                                   31
                                                                                                                       14 Keppel Bay Drive #02-16                 1,281      $754 psf (Sep 06)         $1,288 psf (Nov 07)            70.8%         62.0%
                                                                                                                       32 Keppel Bay Drive #04-57                 1,216      $851 psf (Oct 00)         $1,435 psf (Nov 07)            68.4%             7.7%




                                                                                                                                                                                                                 99
                                                                                                                       34 Keppel Bay Drive #06-76                 904        $818 psf (Mar 05)         $1,509 psf (Oct 07)            84.6%         26.0%
                                                                                                                       34 Keppel Bay Drive #06-73                 1,270      $747 psf (Nov 05)         $1,365 psf (Oct 07)            82.5%         35.3%
                                                                                                                       10 Keppel Bay Drive #03-11                 1,281      $676 psf (May 05)         $1,288 psf (Oct 07)            90.3%         30.3%




                                                                                                                                                                                                               37
                                                                                                                       8 Keppel Bay Drive #09-08                  1,270      $839 psf (Oct 00)         $1,380 psf (Oct 07)            64.3%             7.3%
                                                                                                                       32 Keppel Bay Drive #08-55                 2,583      $702 psf (Oct 00)         $1,155 psf (Oct 07)            64.4%             7.3%
                                                                                                                       20 Keppel Bay Drive #06-29
                                                                                                                       38 Keppel Bay Drive #01-87
                                                                                                                       12 Keppel Bay Drive #04-14
                                                                                                                                                                  872
                                                                                                                                                                  2,217
                                                                                                                                                                  1,281
                                                                                                                                                                             $923 psf (Sep 00)
                                                                                                                                                                             $929 psf (Jul 05)
                                                                                                                                                                             $733 psf (Jun 05)
                                                                                                                                                                                                     92$1,559 psf (Oct 07)
                                                                                                                                                                                                       $1,465 psf (Oct 07)
                                                                                                                                                                                                       $1,366 psf (Oct 07)
                                                                                                                                                                                                                                      68.8%
                                                                                                                                                                                                                                      57.6%
                                                                                                                                                                                                                                      86.2%
                                                                                                                                                                                                                                                        7.7%
                                                                                                                                                                                                                                                    22.5%
                                                                                                                                                                                                                                                    30.9%
                                                                                                                                                                                       @
                                                                                                                       44 Keppel Bay Drive #04-119                839        $983 psf (Nov 00)         $1,389 psf (Oct 07)            41.3%             5.1%
                                                                                                                       10 Keppel Bay Drive #06-10                 1,281      $689 psf (Apr 06)         $1,190 psf (Oct 07)            72.6%         44.3%
                                                                                                                       30 Keppel Bay Drive #04-52                 893        $772 psf (Jun 05)         $1,366 psf (Oct 07)            76.8%         28.6%
                                                                                                                                                                             g


                                                                                                                       14 Keppel Bay Drive #07-18                 1,647      $742 psf (Jan 05)         $1,500 psf (Sep 07)           102.1%         29.7%
                                                                                                                                                       on



                                                                                                                       40 Keppel Bay Drive #04-96                 1,227      $756 psf (Apr 06)         $1,338 psf (Sep 07)            77.0%         49.0%
                                                                                                                       34 Keppel Bay Drive #04-65                 893        $847 psf (Oct 00)         $1,377 psf (Sep 07)            62.5%             7.2%
                                                                                                                       32 Keppel Bay Drive #01-64                 1,270      $601 psf (May 05)         $1,299 psf (Sep 07)           116.1%         40.0%
                                                                                                                                                     tT




                                                                                                                       46 Keppel Bay Drive #08-128                1,271      $709 psf (Jun 05)         $1,337 psf (Sep 07)            88.6%         33.1%
                                                                                                                       30 Keppel Bay Drive #04-48                 1,216      $772 psf (Aug 05)         $1,504 psf (Sep 07)            94.8%         37.9%
                                                                                                                                          en




                                                                                                                       22 Keppel Bay Drive #03-31                 882        $823 psf (Sep 04)         $1,501 psf (Sep 07)            82.5%         22.1%
                                                                                                                       32 Keppel Bay Drive #07-53                 893        $870 psf (Oct 00)         $1,433 psf (Sep 07)            64.6%             7.5%
                                                                                                                       36 Keppel Bay Drive #02-77                 2,099      $942 psf (Oct 00)         $1,650 psf (Sep 07)            75.1%             8.4%
                                                                                                                               nc




                                                                                                                       40 Keppel Bay Drive #01-89                 1,271      $586 psf (May 05)         $1,337 psf (Aug 07)           128.0%         44.4%
                                                                                                                       40 Keppel Bay Drive #06-100                904        $854 psf (Oct 00)         $1,382 psf (Aug 07)            61.9%             7.2%
                                                                                                                       Vi




                                                                                                                       12 Keppel Bay Drive #07-13                 1,281      $742 psf (Mar 06)         $1,410 psf (Aug 07)            90.0%         58.3%
                                                                                                                       10 Keppel Bay Drive #02-11                 1,281      $672 psf (Jun 05)         $1,202 psf (Aug 07)            78.9%         31.2%
                                                                                                                       40 Keppel Bay Drive #06-89                 904        $854 psf (Oct 00)         $1,393 psf (Aug 07)            63.2%             7.4%
                                                                                                                       34 Keppel Bay Drive #03-69                 1,249      $775 psf (May 06)         $1,230 psf (Aug 07)            58.6%         45.0%
                                                                                                                       4 Keppel Bay Drive #05-03                  1,281      $746 psf (Feb 06)         $1,190 psf (Aug 07)            59.3%         36.9%
                                                                                                                       46 Keppel Bay Drive #02-130                883        $849 psf (Oct 04)         $1,379 psf (Jul 07)            62.4%         19.1%
                                                                                                                       8 Keppel Bay Drive #06-09                  1,281      $693 psf (Sep 04)         $1,430 psf (Jul 07)           106.2%         28.9%
                                                                                                                       30 Keppel Bay Drive #07-44                 1,206      $778 psf (Feb 06)         $1,293 psf (Jul 07)            66.2%         41.2%
                                                                                                                       34 Keppel Bay Drive #04-70                 1,227      $756 psf (Oct 05)         $1,481 psf (Jul 07)            96.0%         46.5%
                                                                                                                       40 Keppel Bay Drive #03-99                 1,636      $934 psf (Oct 00)         $1,500 psf (Jul 07)            60.6%             7.2%
                                                                                                                       8 Keppel Bay Drive #05-08                  1,281      $696 psf (Sep 04)         $1,405 psf (Jul 07)           101.8%         28.1%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              31     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       16 Keppel Bay Drive #06-22                 872        $823 psf (Jul 04)         $1,433 psf (Jul 07)            74.1%         20.2%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       36 Keppel Bay Drive #03-81                 1,873      $870 psf (Mar 06)         $1,414 psf (Jul 07)            62.6%         43.7%
                                                                                                                       36 Keppel Bay Drive #03-78                 1,873      $954 psf (Oct 00)         $1,537 psf (Jul 07)            61.0%             7.3%
                                                                                                                       4 Keppel Bay Drive #07-02                  1,281      $869 psf (Nov 00)         $1,300 psf (Jul 07)            49.5%             6.2%
                                                                                                                       34 Keppel Bay Drive #06-74                 3,208      $734 psf (Nov 05)         $1,000 psf (Jul 07)            36.2%         19.8%
                                                                                                                       12 Keppel Bay Drive #01-13                 1,377      $681 psf (Feb 06)         $1,198 psf (Jul 07)            75.8%         47.6%




                                                                                                                                                                                                                   31
                                                                                                                       32 Keppel Bay Drive #08-62                 2,583      $686 psf (Nov 05)         $999 psf (Jul 07)              45.6%         24.7%
                                                                                                                       32 Keppel Bay Drive #03-54                 1,335      $877 psf (Oct 00)         $1,460 psf (Jul 07)            66.3%             7.8%




                                                                                                                                                                                                                 99
                                                                                                                       42 Keppel Bay Drive #04-104                1,205      $770 psf (Oct 04)         $1,421 psf (Jul 07)            84.3%         24.7%
                                                                                                                       16 Keppel Bay Drive #04-19                 894        $816 psf (Jun 05)         $1,362 psf (Jul 07)            66.8%         27.8%
                                                                                                                       46 Keppel Bay Drive #09-131                1,356      $951 psf (Nov 00)         $1,300 psf (Jul 07)            36.6%             4.8%




                                                                                                                                                                                                               37
                                                                                                                       32 Keppel Bay Drive #03-60                 1,249      $827 psf (May 06)         $1,250 psf (Jul 07)            51.0%         42.3%
                                                                                                                       40 Keppel Bay Drive #04-89                 893        $755 psf (Sep 05)         $1,310 psf (Jul 07)            73.4%         35.9%
                                                                                                                       12 Keppel Bay Drive #06-14
                                                                                                                       32 Keppel Bay Drive #03-61
                                                                                                                       46 Keppel Bay Drive #10-125
                                                                                                                                                                  1,281
                                                                                                                                                                  1,249
                                                                                                                                                                  904
                                                                                                                                                                             $742 psf (May 05)
                                                                                                                                                                             $756 psf (Feb 05)
                                                                                                                                                                             $873 psf (Nov 04)
                                                                                                                                                                                                     92$1,170 psf (Jun 07)
                                                                                                                                                                                                       $1,250 psf (Jun 07)
                                                                                                                                                                                                       $1,305 psf (Jun 07)
                                                                                                                                                                                                                                      57.8%
                                                                                                                                                                                                                                      65.2%
                                                                                                                                                                                                                                      49.4%
                                                                                                                                                                                                                                                    23.8%
                                                                                                                                                                                                                                                    23.8%
                                                                                                                                                                                                                                                    16.4%
                                                                                                                                                                                       @
                                                                                                                       40 Keppel Bay Drive #03-95                 1,227      $760 psf (Nov 05)         $1,222 psf (Jun 07)            60.8%         33.5%
                                                                                                                       32 Keppel Bay Drive #08-54                 2,583      $671 psf (Nov 05)         $960 psf (Jun 07)              43.0%         24.6%
                                                                                                                       40 Keppel Bay Drive #06-98                 3,208      $740 psf (Nov 05)         $970 psf (Jun 07)              31.0%         18.0%
                                                                                                                                                                             g


                                                                                                                       32 Keppel Bay Drive #08-56                 1,205      $878 psf (Oct 00)         $1,394 psf (Jun 07)            58.7%             7.1%
                                                                                                                                                       on



                                                                                                                       8 Keppel Bay Drive #07-09                  1,281      $698 psf (Oct 04)         $1,303 psf (Jun 07)            86.7%         26.2%
                                                                                                                       46 Keppel Bay Drive #08-132                893        $835 psf (Oct 05)         $1,190 psf (Jun 07)            42.4%         23.8%
                                                                                                                       40 Keppel Bay Drive #03-96                 1,270      $747 psf (Nov 05)         $1,200 psf (Jun 07)            60.6%         34.1%
                                                                                                                                                     tT




                                                                                                                       32 Keppel Bay Drive #06-58                 1,249      $848 psf (Oct 00)         $1,321 psf (Jun 07)            55.6%             6.8%
                                                                                                                       18 Keppel Bay Drive #08-24                 926        $922 psf (Oct 00)         $1,328 psf (Jun 07)            44.0%             5.6%
                                                                                                                                          en




                                                                                                                       46 Keppel Bay Drive #06-126                1,334      $824 psf (Sep 05)         $1,250 psf (Jun 07)            51.7%         27.9%
                                                                                                                       32 Keppel Bay Drive #04-62                 1,335      $910 psf (Oct 00)         $1,340 psf (Jun 07)            47.2%             6.0%
                                                                                                                       40 Keppel Bay Drive #05-98                 1,668      $955 psf (Sep 05)         $1,276 psf (Jun 07)            33.6%         18.3%
                                                                                                                               nc




                                                                                                                       34 Keppel Bay Drive #01-70                 1,420      $679 psf (Jul 05)         $1,211 psf (Jun 07)            78.2%         36.4%
                                                                                                                       46 Keppel Bay Drive #06-132                893        $825 psf (Oct 05)         $1,114 psf (Jun 07)            35.0%         20.5%
                                                                                                                       Vi




                                                                                                                       30 Keppel Bay Drive #04-41                 894        $771 psf (Sep 05)         $1,118 psf (May 07)            44.9%         24.1%
                                                                                                                       14 Keppel Bay Drive #06-16                 1,280      $742 psf (Jul 05)         $1,123 psf (May 07)            51.2%         24.9%
                                                                                                                       34 Keppel Bay Drive #02-73                 1,205      $746 psf (Nov 05)         $1,228 psf (May 07)            64.5%         37.7%
                                                                                                                       40 Keppel Bay Drive #06-93                 1,292      $748 psf (Oct 05)         $1,160 psf (May 07)            55.1%         32.0%
                                                                                                                       42 Keppel Bay Drive #05-105                1,227      $769 psf (Jun 05)         $1,287 psf (May 07)            67.2%         31.1%
                                                                                                                       36 Keppel Bay Drive #05-77                 3,541      $762 psf (Oct 00)         $1,300 psf (May 07)            70.6%             8.4%
                                                                                                                       8 Keppel Bay Drive #05-09                  1,281      $689 psf (Jan 05)         $1,194 psf (May 07)            73.2%         27.2%
                                                                                                                       18 Keppel Bay Drive #04-24                 882        $826 psf (Sep 04)         $1,360 psf (May 07)            64.5%         20.6%
                                                                                                                       40 Keppel Bay Drive #06-94                 1,249      $772 psf (Nov 05)         $1,100 psf (May 07)            42.3%         26.4%
                                                                                                                       32 Keppel Bay Drive #05-57                 1,217      $854 psf (Sep 00)         $1,232 psf (May 07)            44.2%             5.7%
                                                                                                                       32 Keppel Bay Drive #02-56                 1,205      $853 psf (Oct 00)         $1,178 psf (May 07)            38.0%             5.0%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              32     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       18 Keppel Bay Drive #05-25                 1,325      $808 psf (Oct 04)         $1,207 psf (Apr 07)            49.3%         17.0%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       34 Keppel Bay Drive #01-72                 1,583      $652 psf (Jun 05)         $1,073 psf (Apr 07)            64.5%         30.8%
                                                                                                                       30 Keppel Bay Drive #08-48                 1,217      $794 psf (Aug 05)         $1,199 psf (Apr 07)            51.0%         28.4%
                                                                                                                       30 Keppel Bay Drive #02-50                 1,335      $910 psf (Nov 00)         $1,228 psf (Apr 07)            34.9%             4.8%
                                                                                                                       38 Keppel Bay Drive #05-84                 3,123      $776 psf (Oct 00)         $1,280 psf (Apr 07)            64.9%             8.0%
                                                                                                                       34 Keppel Bay Drive #02-72                 1,216      $755 psf (Nov 05)         $1,100 psf (Apr 07)            45.7%         29.6%




                                                                                                                                                                                                                   31
                                                                                                                       12 Keppel Bay Drive #01-15                 2,282      $634 psf (Jan 05)         $999 psf (Apr 07)              57.5%         22.5%
                                                                                                                       32 Keppel Bay Drive #05-56                 1,206      $864 psf (Oct 00)         $1,123 psf (Apr 07)            29.9%             4.1%




                                                                                                                                                                                                                 99
                                                                                                                       30 Keppel Bay Drive #08-44                 1,205      $788 psf (Sep 05)         $1,170 psf (Apr 07)            48.4%         29.0%
                                                                                                                       20 Keppel Bay Drive #03-29                 872        $913 psf (Oct 00)         $1,318 psf (Apr 07)            44.4%             5.8%
                                                                                                                       40 Keppel Bay Drive #04-95                 1,227      $764 psf (Nov 05)         $1,100 psf (Apr 07)            43.9%         28.9%




                                                                                                                                                                                                               37
                                                                                                                       12 Keppel Bay Drive #05-14                 1,280      $738 psf (Jun 05)         $1,109 psf (Apr 07)            50.2%         25.3%
                                                                                                                       34 Keppel Bay Drive #06-72                 1,270      $831 psf (Oct 00)         $984 psf (Apr 07)              18.4%             2.6%
                                                                                                                       30 Keppel Bay Drive #03-46
                                                                                                                       32 Keppel Bay Drive #03-57
                                                                                                                       18 Keppel Bay Drive #08-23
                                                                                                                                                                  839
                                                                                                                                                                  1,216
                                                                                                                                                                  925
                                                                                                                                                                             $750 psf (Sep 03)
                                                                                                                                                                             $847 psf (Oct 00)
                                                                                                                                                                             $913 psf (Oct 00)
                                                                                                                                                                                                     92$1,193 psf (Apr 07)
                                                                                                                                                                                                       $1,069 psf (Apr 07)
                                                                                                                                                                                                       $1,059 psf (Mar 07)
                                                                                                                                                                                                                                      59.0%
                                                                                                                                                                                                                                      26.2%
                                                                                                                                                                                                                                      16.0%
                                                                                                                                                                                                                                                    13.8%
                                                                                                                                                                                                                                                        3.6%
                                                                                                                                                                                                                                                        2.3%
                                                                                                                                                                                       @
                                                                                                                       30 Keppel Bay Drive #05-41                 893        $776 psf (Aug 05)         $1,050 psf (Mar 07)            35.3%         20.6%
                                                                                                                       46 Keppel Bay Drive #06-129                1,270      $607 psf (Sep 04)         $866 psf (Mar 07)              42.6%         15.0%
                                                                                                                       46 Keppel Bay Drive #08-130                893        $876 psf (Feb 05)         $1,097 psf (Mar 07)            25.3%         11.2%
                                                                                                                                                                             g


                                                                                                                       8 Keppel Bay Drive #10-09                  1,313      $705 psf (Oct 04)         $974 psf (Mar 07)              38.1%         14.0%
                                                                                                                                                       on



                                                                                                                       34 Keppel Bay Drive #02-65                 893        $840 psf (Oct 00)         $1,086 psf (Mar 07)            29.2%             4.1%
                                                                                                                       8 Keppel Bay Drive #02-09                  1,281      $676 psf (Nov 04)         $1,038 psf (Mar 07)            53.4%         19.9%
                                                                                                                       22 Keppel Bay Drive #01-31                 1,076      $707 psf (Jun 05)         $1,115 psf (Mar 07)            57.7%         30.2%
                                                                                                                                                     tT




                                                                                                                       34 Keppel Bay Drive #05-73                 1,206      $835 psf (Oct 00)         $1,200 psf (Mar 07)            43.6%             5.8%
                                                                                                                       4 Keppel Bay Drive #02-02                  1,281      $756 psf (Jun 05)         $1,092 psf (Feb 07)            44.5%         24.5%
                                                                                                                                          en




                                                                                                                       34 Keppel Bay Drive #03-76                 893        $837 psf (Sep 00)         $1,050 psf (Feb 07)            25.4%             3.6%
                                                                                                                       24 Keppel Bay Drive #06-34                 3,207      $726 psf (Dec 05)         $975 psf (Feb 07)              34.3%         27.7%
                                                                                                                       6 Keppel Bay Drive #01-04                  2,283      $641 psf (Dec 04)         $897 psf (Feb 07)              39.9%         16.9%
                                                                                                                               nc




                                                                                                                       10 Keppel Bay Drive #03-12                 1,646      $752 psf (Sep 04)         $1,063 psf (Feb 07)            41.4%         15.5%
                                                                                                                       6 Keppel Bay Drive #08-04                  1,690      $849 psf (Oct 00)         $994 psf (Feb 07)              17.0%             2.5%
                                                                                                                       Vi




                                                                                                                       46 Keppel Bay Drive #10-127                893        $865 psf (Jun 05)         $1,013 psf (Feb 07)            17.1%             9.9%
                                                                                                                       32 Keppel Bay Drive #01-54                 1,463      $780 psf (Sep 00)         $1,025 psf (Feb 07)            31.3%             4.3%
                                                                                                                       22 Keppel Bay Drive #01-32                 1,518      $688 psf (May 05)         $974 psf (Feb 07)              41.5%         22.5%
                                                                                                                       10 Keppel Bay Drive #10-11                 1,313      $701 psf (Oct 04)         $1,028 psf (Feb 07)            46.5%         18.0%
                                                                                                                       34 Keppel Bay Drive #04-71                 1,227      $841 psf (Oct 00)         $1,075 psf (Feb 07)            27.9%             4.0%
                                                                                                                       34 Keppel Bay Drive #04-75                 1,636      $923 psf (Oct 00)         $1,314 psf (Feb 07)            42.3%             5.7%
                                                                                                                       34 Keppel Bay Drive #06-75                 3,207      $712 psf (Oct 00)         $1,028 psf (Feb 07)            44.4%             6.0%
                                                                                                                       24 Keppel Bay Drive #04-35                 1,636      $941 psf (Aug 05)         $1,130 psf (Jan 07)            20.1%         13.1%
                                                                                                                       40 Keppel Bay Drive #02-100                893        $747 psf (Oct 04)         $890 psf (Jan 07)              19.1%             7.8%
                                                                                                                       38 Keppel Bay Drive #03-83                 2,077      $980 psf (Oct 00)         $1,194 psf (Jan 07)            21.8%             3.2%
                                                                                                                       18 Keppel Bay Drive #06-23                 894        $824 psf (Nov 04)         $1,118 psf (Jan 07)            35.7%         14.8%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              33     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       8 Keppel Bay Drive #02-08                  1,281      $683 psf (Oct 04)         $835 psf (Jan 07)              22.2%             9.2%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       20 Keppel Bay Drive #04-29                 872        $917 psf (Oct 00)         $940 psf (Jan 07)              2.5%              0.4%
                                                                                                                       8 Keppel Bay Drive #04-08                  1,281      $692 psf (Sep 04)         $922 psf (Jan 07)              33.3%         13.2%
                                                                                                                       34 Keppel Bay Drive #01-74                 1,723      $840 psf (Jul 04)         $1,102 psf (Dec 06)            31.1%         11.6%
                                                                                                                       10 Keppel Bay Drive #02-12                 1,646      $746 psf (Jan 05)         $972 psf (Dec 06)              30.3%         14.6%
                                                                                                                       46 Keppel Bay Drive #07-126                1,335      $829 psf (Jul 05)         $943 psf (Dec 06)              13.8%             9.2%




                                                                                                                                                                                                                   31
                                                                                                                       24 Keppel Bay Drive #05-34                 1,668      $936 psf (Oct 00)         $929 psf (Dec 06)              -0.8%         -0.1%
                                                                                                                       46 Keppel Bay Drive #07-131                1,334      $838 psf (Nov 04)         $937 psf (Dec 06)              11.7%             5.3%




                                                                                                                                                                                                                 99
                                                                                                                       36 Keppel Bay Drive #05-81                 3,121      $777 psf (Oct 00)         $833 psf (Dec 06)              7.2%              1.1%
                                                                                                                       30 Keppel Bay Drive #09-51                 2,583      $677 psf (Jul 05)         $813 psf (Dec 06)              20.0%         13.9%
                                                                                                                       46 Keppel Bay Drive #10-131                2,582      $649 psf (Oct 04)         $670 psf (Nov 06)              3.2%              1.5%




                                                                                                                                                                                                               37
                                                                                                                       22 Keppel Bay Drive #03-30                 893        $813 psf (Jun 05)         $873 psf (Nov 06)              7.3%              4.9%
                                                                                                                       46 Keppel Bay Drive #10-129                1,280      $629 psf (Sep 04)         $742 psf (Nov 06)              18.0%             7.8%
                                                                                                                       6 Keppel Bay Drive #08-05
                                                                                                                       6 Keppel Bay Drive #04-05
                                                                                                                       22 Keppel Bay Drive #06-30
                                                                                                                                                                  1,270
                                                                                                                                                                  1,282
                                                                                                                                                                  893
                                                                                                                                                                             $715 psf (Jun 05)
                                                                                                                                                                             $692 psf (Jul 05)
                                                                                                                                                                             $825 psf (Oct 04)
                                                                                                                                                                                                     92$803 psf (Nov 06)
                                                                                                                                                                                                       $787 psf (Nov 06)
                                                                                                                                                                                                       $907 psf (Nov 06)
                                                                                                                                                                                                                                      12.2%
                                                                                                                                                                                                                                      13.7%
                                                                                                                                                                                                                                      9.9%
                                                                                                                                                                                                                                                        8.6%
                                                                                                                                                                                                                                                    10.0%
                                                                                                                                                                                                                                                        4.6%
                                                                                                                                                                                       @
                                                                                                                       46 Keppel Bay Drive #08-126                1,357      $834 psf (Jun 05)         $913 psf (Nov 06)              9.5%              6.8%
                                                                                                                       12 Keppel Bay Drive #03-14                 1,280      $730 psf (Jun 05)         $781 psf (Nov 06)              7.0%              5.1%
                                                                                                                       12 Keppel Bay Drive #09-14                 1,270      $760 psf (Jun 05)         $885 psf (Nov 06)              16.5%         11.9%
                                                                                                                                                                             g


                                                                                                                       6 Keppel Bay Drive #04-04                  1,647      $828 psf (Oct 00)         $1,032 psf (Nov 06)            24.5%             3.7%
                                                                                                                                                       on



                                                                                                                       46 Keppel Bay Drive #04-125                893        $848 psf (Jan 05)         $927 psf (Oct 06)              9.3%              5.2%
                                                                                                                       8 Keppel Bay Drive #01-08                  1,377      $646 psf (Sep 04)         $726 psf (Oct 06)              12.4%             5.7%
                                                                                                                       6 Keppel Bay Drive #10-05                  1,314      $713 psf (Jun 05)         $761 psf (Oct 06)              6.6%              4.9%
                                                                                                                                                     tT




                                                                                                                       14 Keppel Bay Drive #06-17                 1,281      $746 psf (Sep 04)         $897 psf (Oct 06)              20.2%             9.2%
                                                                                                                       24 Keppel Bay Drive #04-34                 1,637      $941 psf (Sep 05)         $952 psf (Oct 06)              1.2%              1.2%
                                                                                                                                          en




                                                                                                                       14 Keppel Bay Drive #03-18                 1,647      $723 psf (Nov 04)         $868 psf (Oct 06)              20.0%         10.2%
                                                                                                                       40 Keppel Bay Drive #03-100                893        $844 psf (Nov 00)         $890 psf (Oct 06)              5.4%              0.9%
                                                                                                                       24 Keppel Bay Drive #04-33                 894        $766 psf (Oct 04)         $922 psf (Oct 06)              20.4%             9.6%
                                                                                                                               nc




                                                                                                                       36 Keppel Bay Drive #02-79                 2,432      $936 psf (Oct 00)         $1,069 psf (Oct 06)            14.2%             2.2%
                                                                                                                       34 Keppel Bay Drive #01-66                 1,733      $842 psf (Sep 00)         $908 psf (Oct 06)              7.8%              1.3%
                                                                                                                       Vi




                                                                                                                       10 Keppel Bay Drive #09-12                 4,647      $635 psf (Oct 04)         $624 psf (Sep 06)              -1.8%         -0.9%
                                                                                                                       18 Keppel Bay Drive #06-24                 882        $834 psf (Aug 04)         $965 psf (Sep 06)              15.7%             7.2%
                                                                                                                       22 Keppel Bay Drive #02-31                 883        $818 psf (Sep 04)         $826 psf (Aug 06)              1.0%              0.5%
                                                                                                                       46 Keppel Bay Drive #09-125                894        $869 psf (Sep 04)         $838 psf (Jul 06)              -3.5%         -1.9%
                                                                                                                       30 Keppel Bay Drive #01-51                 1,474      $757 psf (Oct 04)         $786 psf (Jul 06)              3.9%              2.2%
                                                                                                                       34 Keppel Bay Drive #02-74                 1,636      $912 psf (Oct 00)         $888 psf (May 06)              -2.7%         -0.5%
                                                                                                                       30 Keppel Bay Drive #09-52                 905        $793 psf (Aug 04)         $900 psf (May 06)              13.5%             7.8%
                                                                                                                       30 Keppel Bay Drive #07-51                 1,356      $916 psf (Oct 00)         $884 psf (Apr 06)              -3.4%         -0.6%
                                                                                                                       36 Keppel Bay Drive #03-81                 1,874      $954 psf (Oct 00)         $869 psf (Mar 06)              -8.8%         -1.7%
                                                                                                                       34 Keppel Bay Drive #03-66                 1,635      $926 psf (Oct 00)         $905 psf (Mar 06)              -2.3%         -0.4%
                                                                                                                       38 Keppel Bay Drive #01-83                 2,689      $821 psf (Oct 00)         $818 psf (Feb 06)              -0.4%         -0.1%


                                                                                                                                                        Prepared for on Sep 10, 2012                                                              34     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931




                                                                                                                                      Address                       Area              Bought                     Sold                 Price      Annualized
                                                                                                                                                                    sqft                                                             Change      Capital Gain
                                                                                                                       38 Keppel Bay Drive #04-85                 6,134      $961 psf (Oct 00)         $701 psf (Jan 06)             -27.1%         -5.8%
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       4 Keppel Bay Drive #09-02                  1,271      $881 psf (Oct 00)         $668 psf (Dec 05)             -24.1%         -5.2%
                                                                                                                       32 Keppel Bay Drive #06-59                 1,248      $673 psf (Jul 03)         $681 psf (Sep 05)              1.2%              0.5%
                                                                                                                       36 Keppel Bay Drive #03-80                 2,390      $941 psf (Oct 00)         $1,046 psf (Sep 05)            11.2%             2.2%
                                                                                                                       8 Keppel Bay Drive #05-07                  1,646      $863 psf (Oct 00)         $826 psf (Jun 05)              -4.3%         -0.9%
                                                                                                                       38 Keppel Bay Drive #04-83                 2,099      $958 psf (Sep 00)         $786 psf (Apr 05)             -18.0%         -4.2%




                                                                                                                                                                                                                   31
                                                                                                                       6 Keppel Bay Drive #05-04                  1,647      $832 psf (Oct 00)         $686 psf (Mar 05)             -17.6%         -4.2%
                                                                                                                       34 Keppel Bay Drive #06-76                 904        $847 psf (Oct 00)         $818 psf (Mar 05)              -3.4%         -0.8%




                                                                                                                                                                                                                 99
                                                                                                                       34 Keppel Bay Drive #04-74                 1,637      $923 psf (Oct 00)         $733 psf (Jan 05)             -20.6%         -5.3%
                                                                                                                       24 Keppel Bay Drive #04-33                 893        $857 psf (Oct 00)         $767 psf (Oct 04)             -10.6%         -2.8%
                                                                                                                       24 Keppel Bay Drive #02-33                 894        $849 psf (Oct 00)         $1,006 psf (Aug 04)            18.5%             4.5%




                                                                                                                                                                                                               37
                                                                                                                       34 Keppel Bay Drive #01-74                 1,723      $840 psf (Sep 00)         $840 psf (Jul 04)              0.0%              0.0%
                                                                                                                       30 Keppel Bay Drive #03-46                 840        $978 psf (Oct 00)         $750 psf (Sep 03)             -23.3%         -8.8%
                                                                                                                       32 Keppel Bay Drive #06-59
                                                                                                                       36 Keppel Bay Drive #02-82
                                                                                                                       32 Keppel Bay Drive #03-62
                                                                                                                                                                  1,248
                                                                                                                                                                  2,099
                                                                                                                                                                  1,334
                                                                                                                                                                             $849 psf (Oct 00)
                                                                                                                                                                             $950 psf (Oct 00)
                                                                                                                                                                             $906 psf (Oct 00)
                                                                                                                                                                                                     92$673 psf (Jul 03)
                                                                                                                                                                                                       $786 psf (Jun 03)
                                                                                                                                                                                                       $673 psf (Apr 03)
                                                                                                                                                                                                                                     -20.8%
                                                                                                                                                                                                                                     -17.3%
                                                                                                                                                                                                                                     -25.7%
                                                                                                                                                                                                                                                    -8.1%
                                                                                                                                                                                                                                                    -6.7%
                                                                                                                                                                                                                                                    -11.2%
                                                                                                                                                                                       @
                                                                                                                                                                                                          Average Annual Capital Gain               11.6%
                                                                                                                                                                             g
                                                                                                                                                       on
                                                                                                                                                     tT
                                                                                                                                          en
                                                                                                                               nc
                                                                                                                       Vi




                                                                                                                                                        Prepared for on Sep 10, 2012                                                              35     of    93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                    Mobile: 92379931



                                                                                                                       3.2     How does the Caribbean At Keppel Bay return compare with returns
                                                                                                                               from sales in comparable projects?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       The table below compares Caribbean At Keppel Bay
                                                                                                                       average annual capital gain of 11.6% per year with that
                                                                                                                       of comparable projects.




                                                                                                                                                                                                                      31
                                                                                                                       The comparables benchmark showed a capital gain of 9.1
                                                                                                                       % per year.




                                                                                                                                                                                                                    99
                                                                                                                       (Comparables Benchmark is defined as the overall
                                                                                                                       average of annualized capital gains in comparable




                                                                                                                                                                                                                  37
                                                                                                                       projects, including Caribbean At Keppel Bay.)



                                                                                                                                                                                                      92
                                                                                                                       The table below shows the annualized capital gain throughout the history of the project.
                                                                                                                                                                                        @
                                                                                                                                           Project                             First Resale           Last Resale       Total Resales          Avg annual gain

                                                                                                                       Caribbean At Keppel Bay                                   Apr 2003              Aug 2012                  458                11.6%

                                                                                                                       The Pearl @ Mount Faber                                   May 2005              Jul 2012                  118                 14.0%
                                                                                                                                                                              g


                                                                                                                       Reflections At Keppel Bay                                 May 2008              Aug 2012                   61                 1.6%
                                                                                                                                                        on



                                                                                                                       The table below shows the average annualized return of homes that were bought and resold in the
                                                                                                                                                      tT




                                                                                                                       last 3 years and 5 years respectively.
                                                                                                                                           en




                                                                                                                                                 Project                                        Avg annual return for homes bought and resold

                                                                                                                                                                                               within last 3 years                     within last 5 years
                                                                                                                                nc




                                                                                                                       Caribbean At Keppel Bay                                                 7.9% (17 resales)                       7.9% (60 resales)

                                                                                                                       The Pearl @ Mount Faber                                                 No applicable resales                     5.4% (6 resales)
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay                                                 3.2% (2 resales)                        0.7% (5 resales)




                                                                                                                                                         Prepared for on Sep 10, 2012                                                               36    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                         Vincent Tong
                                                                                                                                                                 Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                             Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       3.3     What is an Average Index Price (AIPTM) for CARIBBEAN AT KEPPEL
                                                                                                                               BAY, 32 Keppel Bay Drive Level 4 to 6?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       The Average Index Price (AIPTM) is an approximation of the current price of the home if the price of
                                                                                                                       the home just followed the movement of the market since it was last purchased.


                                                                                                                       It is one reference point that can help an investor ascertain how far out the recent




                                                                                                                                                                                                                   31
                                                                                                                       transactions or asking prices are from the normal average of the market in the long run.
                                                                                                                       AIPTM is not the market price as it has not been adjusted for qualitative and future market
                                                                                                                       considerations.




                                                                                                                                                                                                                 99
                                                                                                                       To obtain the AIPTM, the table below shows all the individual units sold in Caribbean At Keppel Bay




                                                                                                                                                                                                               37
                                                                                                                       that are similar in size (± 20%) and floor level (± 1 floor) to CARIBBEAN AT KEPPEL BAY, 32 Keppel
                                                                                                                       Bay Drive Level 4 to 6. Each unit has its last sold price adjusted by the market changes as described
                                                                                                                       by the most relevant URA price index available.

                                                                                                                                                                                                     92
                                                                                                                                                                                       @
                                                                                                                                                                             g
                                                                                                                                                       on
                                                                                                                                                     tT




                                                                                                                                      Address                       Area              Last Sold              URA Price Index Change               Index PSF
                                                                                                                                                                    sqft                                                                           (2012Q2)
                                                                                                                                          en




                                                                                                                       32 Keppel Bay Drive #04-55                  1,334      $904 psf (Sep 00)            39.0% (2000Q3 to 2012Q2)             $1,256 psf
                                                                                                                       34 Keppel Bay Drive #05-68                  1,206      $851 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,210 psf
                                                                                                                               nc




                                                                                                                       34 Keppel Bay Drive #04-73                  1,205      $832 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,183 psf
                                                                                                                       30 Keppel Bay Drive #05-50                  1,334      $926 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,317 psf
                                                                                                                        Vi




                                                                                                                       20 Keppel Bay Drive #05-27                  1,335      $916 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,302 psf
                                                                                                                       32 Keppel Bay Drive #05-62                  1,335      $916 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,302 psf
                                                                                                                       20 Keppel Bay Drive #03-28                  1,335      $893 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,270 psf
                                                                                                                       32 Keppel Bay Drive #04-58                  1,227      $841 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,196 psf
                                                                                                                       32 Keppel Bay Drive #04-56                  1,205      $862 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,226 psf
                                                                                                                       42 Keppel Bay Drive #05-103                 1,335      $916 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,302 psf
                                                                                                                       32 Keppel Bay Drive #03-58                  1,226      $838 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,191 psf
                                                                                                                       34 Keppel Bay Drive #03-71                  1,226      $838 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,191 psf
                                                                                                                       32 Keppel Bay Drive #04-54                  1,335      $883 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,255 psf
                                                                                                                       34 Keppel Bay Drive #05-71                  1,249      $845 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,201 psf
                                                                                                                       34 Keppel Bay Drive #05-72                  1,216      $846 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,203 psf



                                                                                                                                                        Prepared for on Sep 10, 2012                                                              37    of   93
                                                                                                                             Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                       Address                       Area              Last Sold              URA Price Index Change               Index PSF
                                                                                                                                                                     sqft                                                                           (2012Q2)
                                                                                                                       20 Keppel Bay Drive #03-27                   1,334      $906 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,288 psf
                                                                                                                       42 Keppel Bay Drive #05-104                  1,205      $873 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,241 psf
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       14 Keppel Bay Drive #05-17                   1,281      $832 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,183 psf
                                                                                                                       30 Keppel Bay Drive #03-50                   1,334      $916 psf (Oct 00)            42.2% (2000Q4 to 2012Q2)             $1,302 psf
                                                                                                                       42 Keppel Bay Drive #04-103                  1,335      $911 psf (Nov 00)            42.2% (2000Q4 to 2012Q2)             $1,295 psf
                                                                                                                       4 Keppel Bay Drive #05-02                    1,281      $862 psf (Nov 00)            42.2% (2000Q4 to 2012Q2)             $1,226 psf
                                                                                                                       8 Keppel Bay Drive #03-08                    1,280      $688 psf (Aug 04)            68.7% (2004Q3 to 2012Q2)             $1,161 psf




                                                                                                                                                                                                                    31
                                                                                                                       30 Keppel Bay Drive #03-51                   1,335      $856 psf (Aug 04)            68.7% (2004Q3 to 2012Q2)             $1,444 psf
                                                                                                                       8 Keppel Bay Drive #04-09                    1,280      $686 psf (Nov 04)            68.0% (2004Q4 to 2012Q2)             $1,152 psf




                                                                                                                                                                                                                  99
                                                                                                                       8 Keppel Bay Drive #03-09                    1,281      $681 psf (Nov 04)            68.0% (2004Q4 to 2012Q2)             $1,144 psf
                                                                                                                       6 Keppel Bay Drive #03-05                    1,280      $690 psf (Nov 04)            68.0% (2004Q4 to 2012Q2)             $1,159 psf
                                                                                                                       14 Keppel Bay Drive #04-17                   1,281      $738 psf (Dec 04)            68.0% (2004Q4 to 2012Q2)             $1,240 psf




                                                                                                                                                                                                                37
                                                                                                                       30 Keppel Bay Drive #04-45                   1,217      $765 psf (Feb 05)            66.3% (2005Q1 to 2012Q2)             $1,272 psf
                                                                                                                       42 Keppel Bay Drive #03-104                  1,248      $757 psf (Mar 05)            66.3% (2005Q1 to 2012Q2)             $1,259 psf
                                                                                                                       4 Keppel Bay Drive #03-02
                                                                                                                       30 Keppel Bay Drive #05-51
                                                                                                                       32 Keppel Bay Drive #04-61
                                                                                                                                                                    1,281
                                                                                                                                                                    1,335
                                                                                                                                                                    1,206
                                                                                                                                                                               $760 psf (Apr 05)
                                                                                                                                                                               $868 psf (May 05)
                                                                                                                                                                               $774 psf (May 05)
                                                                                                                                                                                                      92    65.2% (2005Q2 to 2012Q2)
                                                                                                                                                                                                            65.2% (2005Q2 to 2012Q2)
                                                                                                                                                                                                            65.2% (2005Q2 to 2012Q2)
                                                                                                                                                                                                                                                 $1,255 psf
                                                                                                                                                                                                                                                 $1,434 psf
                                                                                                                                                                                                                                                 $1,278 psf
                                                                                                                                                                                        @
                                                                                                                       30 Keppel Bay Drive #04-51                   1,335      $862 psf (May 05)            65.2% (2005Q2 to 2012Q2)             $1,424 psf
                                                                                                                       46 Keppel Bay Drive #04-131                  1,335      $821 psf (Jun 05)            65.2% (2005Q2 to 2012Q2)             $1,356 psf
                                                                                                                       6 Keppel Bay Drive #05-06                    1,280      $690 psf (Aug 05)            63.5% (2005Q3 to 2012Q2)             $1,128 psf
                                                                                                                                                                              g


                                                                                                                       30 Keppel Bay Drive #05-48                   1,216      $777 psf (Aug 05)            63.5% (2005Q3 to 2012Q2)             $1,270 psf
                                                                                                                                                        on



                                                                                                                       40 Keppel Bay Drive #05-95                   1,248      $761 psf (Sep 05)            63.5% (2005Q3 to 2012Q2)             $1,244 psf
                                                                                                                       30 Keppel Bay Drive #05-49                   1,206      $770 psf (Sep 05)            63.5% (2005Q3 to 2012Q2)             $1,259 psf
                                                                                                                       40 Keppel Bay Drive #04-41                   1,583      $653 psf (Oct 05)            61.6% (2005Q4 to 2012Q2)             $1,055 psf
                                                                                                                                                      tT




                                                                                                                       14 Keppel Bay Drive #04-16                   1,280      $734 psf (Oct 05)            61.6% (2005Q4 to 2012Q2)             $1,186 psf
                                                                                                                       30 Keppel Bay Drive #04-49                   1,206      $765 psf (Oct 05)            61.6% (2005Q4 to 2012Q2)             $1,236 psf
                                                                                                                                           en




                                                                                                                       30 Keppel Bay Drive #03-49                   1,206      $761 psf (Oct 05)            61.6% (2005Q4 to 2012Q2)             $1,230 psf
                                                                                                                       14 Keppel Bay Drive #03-16                   1,280      $730 psf (Oct 05)            61.6% (2005Q4 to 2012Q2)             $1,180 psf
                                                                                                                       40 Keppel Bay Drive #04-94                   1,227      $756 psf (Mar 06)            59.1% (2006Q1 to 2012Q2)             $1,203 psf
                                                                                                                                nc




                                                                                                                       40 Keppel Bay Drive #05-94                   1,248      $761 psf (Mar 06)            59.1% (2006Q1 to 2012Q2)             $1,211 psf
                                                                                                                       4 Keppel Bay Drive #04-03                    1,281      $743 psf (Mar 06)            59.1% (2006Q1 to 2012Q2)             $1,182 psf
                                                                                                                       Vi




                                                                                                                       32 Keppel Bay Drive #05-59                   1,227      $761 psf (Mar 06)            59.1% (2006Q1 to 2012Q2)             $1,211 psf
                                                                                                                       46 Keppel Bay Drive #03-126                  1,336      $806 psf (Mar 06)            59.1% (2006Q1 to 2012Q2)             $1,283 psf
                                                                                                                       16 Keppel Bay Drive #03-20                   1,335      $875 psf (Mar 06)            59.1% (2006Q1 to 2012Q2)             $1,392 psf
                                                                                                                       46 Keppel Bay Drive #05-128                  1,270      $692 psf (Mar 06)            59.1% (2006Q1 to 2012Q2)             $1,101 psf
                                                                                                                       34 Keppel Bay Drive #03-68                   1,248      $737 psf (Apr 06)            57.2% (2006Q2 to 2012Q2)             $1,159 psf
                                                                                                                       40 Keppel Bay Drive #05-96                   1,227      $761 psf (Apr 06)            57.2% (2006Q2 to 2012Q2)             $1,196 psf
                                                                                                                       10 Keppel Bay Drive #03-10                   1,281      $677 psf (May 06)            57.2% (2006Q2 to 2012Q2)             $1,064 psf
                                                                                                                       30 Keppel Bay Drive #04-44                   1,206      $765 psf (May 06)            57.2% (2006Q2 to 2012Q2)             $1,203 psf
                                                                                                                       40 Keppel Bay Drive #05-92                   1,227      $752 psf (May 06)            57.2% (2006Q2 to 2012Q2)             $1,182 psf
                                                                                                                       40 Keppel Bay Drive #03-94                   1,227      $752 psf (Jun 06)            57.2% (2006Q2 to 2012Q2)             $1,182 psf
                                                                                                                       22 Keppel Bay Drive #04-32                   1,324      $768 psf (Jun 06)            57.2% (2006Q2 to 2012Q2)             $1,207 psf


                                                                                                                                                         Prepared for on Sep 10, 2012                                                              38    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                       Address                       Area              Last Sold              URA Price Index Change               Index PSF
                                                                                                                                                                     sqft                                                                           (2012Q2)
                                                                                                                       30 Keppel Bay Drive #03-42                   1,335      $833 psf (Jul 06)            51.4% (2006Q3 to 2012Q2)             $1,261 psf
                                                                                                                       12 Keppel Bay Drive #04-13                   1,280      $730 psf (Jul 06)            51.4% (2006Q3 to 2012Q2)             $1,105 psf
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       12 Keppel Bay Drive #05-13                   1,280      $734 psf (Jul 06)            51.4% (2006Q3 to 2012Q2)             $1,111 psf
                                                                                                                       16 Keppel Bay Drive #03-21                   1,334      $883 psf (Sep 06)            51.4% (2006Q3 to 2012Q2)             $1,337 psf
                                                                                                                       16 Keppel Bay Drive #04-21                   1,335      $890 psf (Sep 06)            51.4% (2006Q3 to 2012Q2)             $1,347 psf
                                                                                                                       20 Keppel Bay Drive #04-28                   1,335      $860 psf (Sep 06)            51.4% (2006Q3 to 2012Q2)             $1,302 psf
                                                                                                                       40 Keppel Bay Drive #04-93                   1,228      $786 psf (Sep 06)            51.4% (2006Q3 to 2012Q2)             $1,190 psf




                                                                                                                                                                                                                    31
                                                                                                                       30 Keppel Bay Drive #05-43                   1,335      $858 psf (Sep 06)            51.4% (2006Q3 to 2012Q2)             $1,299 psf
                                                                                                                       30 Keppel Bay Drive #04-43                   1,334      $853 psf (Oct 06)            44.2% (2006Q4 to 2012Q2)             $1,230 psf




                                                                                                                                                                                                                  99
                                                                                                                       44 Keppel Bay Drive #04-08                   1,356      $959 psf (Nov 06)            44.2% (2006Q4 to 2012Q2)             $1,382 psf
                                                                                                                       34 Keppel Bay Drive #04-71                   1,227      $1,076 psf (Feb 07)          36.5% (2007Q1 to 2012Q2)             $1,469 psf
                                                                                                                       40 Keppel Bay Drive #05-93                   1,227      $1,076 psf (Feb 07)          36.5% (2007Q1 to 2012Q2)             $1,469 psf




                                                                                                                                                                                                                37
                                                                                                                       34 Keppel Bay Drive #04-69                   1,216      $1,100 psf (Feb 07)          36.5% (2007Q1 to 2012Q2)             $1,502 psf
                                                                                                                       6 Keppel Bay Drive #04-06                    1,280      $1,031 psf (Mar 07)          36.5% (2007Q1 to 2012Q2)             $1,408 psf
                                                                                                                       12 Keppel Bay Drive #03-14
                                                                                                                       40 Keppel Bay Drive #03-97
                                                                                                                       32 Keppel Bay Drive #03-57
                                                                                                                                                                    1,281
                                                                                                                                                                    1,259
                                                                                                                                                                    1,216
                                                                                                                                                                               $1,132 psf (Mar 07)
                                                                                                                                                                               $1,112 psf (Apr 07)
                                                                                                                                                                               $1,192 psf (Apr 07)
                                                                                                                                                                                                      92    36.5% (2007Q1 to 2012Q2)
                                                                                                                                                                                                            25.9% (2007Q2 to 2012Q2)
                                                                                                                                                                                                            25.9% (2007Q2 to 2012Q2)
                                                                                                                                                                                                                                                 $1,546 psf
                                                                                                                                                                                                                                                 $1,400 psf
                                                                                                                                                                                                                                                 $1,501 psf
                                                                                                                                                                                        @
                                                                                                                       18 Keppel Bay Drive #05-25                   1,325      $1,208 psf (Apr 07)          25.9% (2007Q2 to 2012Q2)             $1,521 psf
                                                                                                                       32 Keppel Bay Drive #05-57                   1,217      $1,233 psf (May 07)          25.9% (2007Q2 to 2012Q2)             $1,553 psf
                                                                                                                       8 Keppel Bay Drive #05-09                    1,281      $1,194 psf (May 07)          25.9% (2007Q2 to 2012Q2)             $1,504 psf
                                                                                                                                                                              g


                                                                                                                       42 Keppel Bay Drive #05-105                  1,227      $1,288 psf (May 07)          25.9% (2007Q2 to 2012Q2)             $1,622 psf
                                                                                                                                                        on



                                                                                                                       40 Keppel Bay Drive #03-96                   1,270      $1,200 psf (Jun 07)          25.9% (2007Q2 to 2012Q2)             $1,511 psf
                                                                                                                       40 Keppel Bay Drive #03-95                   1,227      $1,222 psf (Jun 07)          25.9% (2007Q2 to 2012Q2)             $1,539 psf
                                                                                                                       32 Keppel Bay Drive #03-60                   1,249      $1,250 psf (Jul 07)          16.7% (2007Q3 to 2012Q2)             $1,459 psf
                                                                                                                                                      tT




                                                                                                                       42 Keppel Bay Drive #04-104                  1,205      $1,421 psf (Jul 07)          16.7% (2007Q3 to 2012Q2)             $1,659 psf
                                                                                                                       34 Keppel Bay Drive #03-69                   1,249      $1,230 psf (Aug 07)          16.7% (2007Q3 to 2012Q2)             $1,436 psf
                                                                                                                                           en




                                                                                                                       34 Keppel Bay Drive #04-68                   1,206      $1,300 psf (Aug 07)          16.7% (2007Q3 to 2012Q2)             $1,517 psf
                                                                                                                       34 Keppel Bay Drive #03-70                   1,227      $1,345 psf (Aug 07)          16.7% (2007Q3 to 2012Q2)             $1,570 psf
                                                                                                                       32 Keppel Bay Drive #05-63                   1,335      $1,450 psf (Aug 07)          16.7% (2007Q3 to 2012Q2)             $1,692 psf
                                                                                                                                nc




                                                                                                                       30 Keppel Bay Drive #04-48                   1,216      $1,505 psf (Sep 07)          16.7% (2007Q3 to 2012Q2)             $1,757 psf
                                                                                                                       40 Keppel Bay Drive #04-92                   1,227      $1,365 psf (Oct 07)          8.9% (2007Q4 to 2012Q2)              $1,486 psf
                                                                                                                       Vi




                                                                                                                       10 Keppel Bay Drive #03-11                   1,281      $1,288 psf (Oct 07)          8.9% (2007Q4 to 2012Q2)              $1,402 psf
                                                                                                                       32 Keppel Bay Drive #04-57                   1,216      $1,435 psf (Nov 07)          8.9% (2007Q4 to 2012Q2)              $1,562 psf
                                                                                                                       40 Keppel Bay Drive #04-95                   1,227      $1,532 psf (Nov 07)          8.9% (2007Q4 to 2012Q2)              $1,668 psf
                                                                                                                       32 Keppel Bay Drive #04-63                   1,335      $1,400 psf (Dec 07)          8.9% (2007Q4 to 2012Q2)              $1,524 psf
                                                                                                                       34 Keppel Bay Drive #04-72                   1,216      $1,350 psf (Feb 08)          5.1% (2008Q1 to 2012Q2)              $1,419 psf
                                                                                                                       32 Keppel Bay Drive #05-54                   1,335      $1,551 psf (Mar 08)          5.1% (2008Q1 to 2012Q2)              $1,631 psf
                                                                                                                       14 Keppel Bay Drive #03-17                   1,281      $1,288 psf (Apr 08)          5.1% (2008Q2 to 2012Q2)              $1,354 psf
                                                                                                                       40 Keppel Bay Drive #03-93                   1,227      $1,250 psf (Apr 08)          5.1% (2008Q2 to 2012Q2)              $1,314 psf
                                                                                                                       20 Keppel Bay Drive #04-27                   1,335      $1,124 psf (Feb 09)          39.0% (2009Q1 to 2012Q2)             $1,563 psf
                                                                                                                       10 Keppel Bay Drive #04-11                   1,280      $1,031 psf (May 09)          46.4% (2009Q2 to 2012Q2)             $1,510 psf
                                                                                                                       8 Keppel Bay Drive #05-08                    1,281      $1,132 psf (Jun 09)          46.4% (2009Q2 to 2012Q2)             $1,657 psf


                                                                                                                                                         Prepared for on Sep 10, 2012                                                              39    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                       Address                       Area              Last Sold              URA Price Index Change               Index PSF
                                                                                                                                                                     sqft                                                                           (2012Q2)
                                                                                                                       40 Keppel Bay Drive #03-92                   1,227      $1,180 psf (Jul 09)          26.3% (2009Q3 to 2012Q2)             $1,491 psf
                                                                                                                       40 Keppel Bay Drive #05-97                   1,227      $1,200 psf (Jul 09)          26.3% (2009Q3 to 2012Q2)             $1,516 psf
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       40 Keppel Bay Drive #04-97                   1,227      $1,222 psf (Jul 09)          26.3% (2009Q3 to 2012Q2)             $1,544 psf
                                                                                                                       46 Keppel Bay Drive #05-131                  1,335      $1,371 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,732 psf
                                                                                                                       46 Keppel Bay Drive #05-129                  1,270      $1,290 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,630 psf
                                                                                                                       44 Keppel Bay Drive #04-121                  1,227      $1,302 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,645 psf
                                                                                                                       32 Keppel Bay Drive #05-60                   1,216      $1,350 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,706 psf




                                                                                                                                                                                                                    31
                                                                                                                       44 Keppel Bay Drive #05-120                  1,227      $1,310 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,655 psf
                                                                                                                       44 Keppel Bay Drive #05-121                  1,227      $1,385 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,750 psf




                                                                                                                                                                                                                  99
                                                                                                                       42 Keppel Bay Drive #05-107                  1,228      $1,314 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,660 psf
                                                                                                                       30 Keppel Bay Drive #03-43                   1,335      $1,300 psf (Aug 09)          26.3% (2009Q3 to 2012Q2)             $1,642 psf
                                                                                                                       44 Keppel Bay Drive #03-121                  1,249      $1,310 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,655 psf




                                                                                                                                                                                                                37
                                                                                                                       42 Keppel Bay Drive #03-111                  1,335      $1,300 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,642 psf
                                                                                                                       44 Keppel Bay Drive #05-117                  1,227      $1,270 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,604 psf
                                                                                                                       42 Keppel Bay Drive #03-110
                                                                                                                       42 Keppel Bay Drive #05-106
                                                                                                                       44 Keppel Bay Drive #05-123
                                                                                                                                                                    1,335
                                                                                                                                                                    1,227
                                                                                                                                                                    1,335
                                                                                                                                                                               $1,310 psf (Sep 09)
                                                                                                                                                                               $1,361 psf (Sep 09)
                                                                                                                                                                               $1,415 psf (Sep 09)
                                                                                                                                                                                                      92    26.3% (2009Q3 to 2012Q2)
                                                                                                                                                                                                            26.3% (2009Q3 to 2012Q2)
                                                                                                                                                                                                            26.3% (2009Q3 to 2012Q2)
                                                                                                                                                                                                                                                 $1,655 psf
                                                                                                                                                                                                                                                 $1,719 psf
                                                                                                                                                                                                                                                 $1,788 psf
                                                                                                                                                                                        @
                                                                                                                       16 Keppel Bay Drive #05-20                   1,334      $1,364 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,723 psf
                                                                                                                       42 Keppel Bay Drive #03-108                  1,227      $1,310 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,655 psf
                                                                                                                       42 Keppel Bay Drive #05-102                  1,334      $1,424 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,799 psf
                                                                                                                                                                              g


                                                                                                                       44 Keppel Bay Drive #05-116                  1,227      $1,293 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,634 psf
                                                                                                                                                        on



                                                                                                                       44 Keppel Bay Drive #03-116                  1,206      $1,308 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,652 psf
                                                                                                                       42 Keppel Bay Drive #03-109                  1,227      $1,337 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,689 psf
                                                                                                                       42 Keppel Bay Drive #04-108                  1,227      $1,317 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,664 psf
                                                                                                                                                      tT




                                                                                                                       42 Keppel Bay Drive #04-107                  1,227      $1,370 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,731 psf
                                                                                                                       42 Keppel Bay Drive #03-107                  1,227      $1,364 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,723 psf
                                                                                                                                           en




                                                                                                                       44 Keppel Bay Drive #04-120                  1,227      $1,395 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,762 psf
                                                                                                                       42 Keppel Bay Drive #04-106                  1,227      $1,358 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,716 psf
                                                                                                                       42 Keppel Bay Drive #03-102                  1,334      $1,379 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,742 psf
                                                                                                                                nc




                                                                                                                       34 Keppel Bay Drive #03-72                   1,216      $1,283 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,621 psf
                                                                                                                       42 Keppel Bay Drive #04-110                  1,335      $1,355 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,712 psf
                                                                                                                       Vi




                                                                                                                       44 Keppel Bay Drive #05-122                  1,335      $1,452 psf (Sep 09)          26.3% (2009Q3 to 2012Q2)             $1,834 psf
                                                                                                                       42 Keppel Bay Drive #05-109                  1,227      $1,353 psf (Oct 09)          18.8% (2009Q4 to 2012Q2)             $1,608 psf
                                                                                                                       44 Keppel Bay Drive #04-116                  1,227      $1,271 psf (Oct 09)          18.8% (2009Q4 to 2012Q2)             $1,510 psf
                                                                                                                       44 Keppel Bay Drive #05-114                  1,335      $1,340 psf (Oct 09)          18.8% (2009Q4 to 2012Q2)             $1,592 psf
                                                                                                                       42 Keppel Bay Drive #04-109                  1,227      $1,353 psf (Oct 09)          18.8% (2009Q4 to 2012Q2)             $1,608 psf
                                                                                                                       46 Keppel Bay Drive #04-128                  1,356      $1,198 psf (Oct 09)          18.8% (2009Q4 to 2012Q2)             $1,424 psf
                                                                                                                       44 Keppel Bay Drive #04-122                  1,334      $1,431 psf (Oct 09)          18.8% (2009Q4 to 2012Q2)             $1,701 psf
                                                                                                                       42 Keppel Bay Drive #04-102                  1,335      $1,420 psf (Nov 09)          18.8% (2009Q4 to 2012Q2)             $1,687 psf
                                                                                                                       32 Keppel Bay Drive #03-59                   1,227      $1,369 psf (Nov 09)          18.8% (2009Q4 to 2012Q2)             $1,627 psf
                                                                                                                       6 Keppel Bay Drive #03-06                    1,281      $1,249 psf (Nov 09)          18.8% (2009Q4 to 2012Q2)             $1,484 psf
                                                                                                                       42 Keppel Bay Drive #04-111                  1,335      $1,322 psf (Nov 09)          18.8% (2009Q4 to 2012Q2)             $1,571 psf


                                                                                                                                                         Prepared for on Sep 10, 2012                                                              40    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                       Address                       Area              Last Sold              URA Price Index Change               Index PSF
                                                                                                                                                                     sqft                                                                           (2012Q2)
                                                                                                                       6 Keppel Bay Drive #04-05                    1,281      $1,288 psf (Nov 09)          18.8% (2009Q4 to 2012Q2)             $1,531 psf
                                                                                                                       18 Keppel Bay Drive #03-25                   1,324      $1,255 psf (Dec 09)          18.8% (2009Q4 to 2012Q2)             $1,491 psf
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       44 Keppel Bay Drive #04-114                  1,335      $1,336 psf (Dec 09)          18.8% (2009Q4 to 2012Q2)             $1,588 psf
                                                                                                                       44 Keppel Bay Drive #05-115                  1,335      $1,342 psf (Dec 09)          18.8% (2009Q4 to 2012Q2)             $1,595 psf
                                                                                                                       44 Keppel Bay Drive #03-123                  1,335      $1,438 psf (Dec 09)          18.8% (2009Q4 to 2012Q2)             $1,709 psf
                                                                                                                       16 Keppel Bay Drive #05-21                   1,335      $1,400 psf (Dec 09)          18.8% (2009Q4 to 2012Q2)             $1,664 psf
                                                                                                                       42 Keppel Bay Drive #03-103                  1,335      $1,426 psf (Jan 10)          11.7% (2010Q1 to 2012Q2)             $1,592 psf




                                                                                                                                                                                                                    31
                                                                                                                       44 Keppel Bay Drive #03-120                  1,249      $1,363 psf (Jan 10)          11.7% (2010Q1 to 2012Q2)             $1,522 psf
                                                                                                                       22 Keppel Bay Drive #03-32                   1,324      $1,380 psf (Feb 10)          11.7% (2010Q1 to 2012Q2)             $1,541 psf




                                                                                                                                                                                                                  99
                                                                                                                       44 Keppel Bay Drive #03-122                  1,335      $1,417 psf (Feb 10)          11.7% (2010Q1 to 2012Q2)             $1,582 psf
                                                                                                                       42 Keppel Bay Drive #03-106                  1,227      $1,459 psf (Feb 10)          11.7% (2010Q1 to 2012Q2)             $1,629 psf
                                                                                                                       30 Keppel Bay Drive #04-42                   1,335      $1,367 psf (Feb 10)          11.7% (2010Q1 to 2012Q2)             $1,526 psf




                                                                                                                                                                                                                37
                                                                                                                       34 Keppel Bay Drive #04-70                   1,227      $1,402 psf (Feb 10)          11.7% (2010Q1 to 2012Q2)             $1,566 psf
                                                                                                                       34 Keppel Bay Drive #05-70                   1,249      $1,400 psf (Feb 10)          11.7% (2010Q1 to 2012Q2)             $1,563 psf
                                                                                                                       32 Keppel Bay Drive #03-56
                                                                                                                       32 Keppel Bay Drive #04-60
                                                                                                                       10 Keppel Bay Drive #04-10
                                                                                                                                                                    1,205
                                                                                                                                                                    1,216
                                                                                                                                                                    1,281
                                                                                                                                                                               $1,401 psf (Mar 10)
                                                                                                                                                                               $1,397 psf (Mar 10)
                                                                                                                                                                               $1,240 psf (Mar 10)
                                                                                                                                                                                                      92    11.7% (2010Q1 to 2012Q2)
                                                                                                                                                                                                            11.7% (2010Q1 to 2012Q2)
                                                                                                                                                                                                            11.7% (2010Q1 to 2012Q2)
                                                                                                                                                                                                                                                 $1,564 psf
                                                                                                                                                                                                                                                 $1,560 psf
                                                                                                                                                                                                                                                 $1,385 psf
                                                                                                                                                                                        @
                                                                                                                       32 Keppel Bay Drive #03-62                   1,335      $1,487 psf (Apr 10)          6.5% (2010Q2 to 2012Q2)              $1,583 psf
                                                                                                                       10 Keppel Bay Drive #05-11                   1,281      $1,367 psf (Apr 10)          6.5% (2010Q2 to 2012Q2)              $1,455 psf
                                                                                                                       14 Keppel Bay Drive #05-16                   1,281      $1,381 psf (Apr 10)          6.5% (2010Q2 to 2012Q2)              $1,470 psf
                                                                                                                                                                              g


                                                                                                                       30 Keppel Bay Drive #04-50                   1,335      $1,450 psf (Apr 10)          6.5% (2010Q2 to 2012Q2)              $1,544 psf
                                                                                                                                                        on



                                                                                                                       30 Keppel Bay Drive #05-45                   1,216      $1,505 psf (Apr 10)          6.5% (2010Q2 to 2012Q2)              $1,602 psf
                                                                                                                       30 Keppel Bay Drive #05-42                   1,335      $1,461 psf (Apr 10)          6.5% (2010Q2 to 2012Q2)              $1,555 psf
                                                                                                                       12 Keppel Bay Drive #03-13                   1,281      $1,397 psf (Apr 10)          6.5% (2010Q2 to 2012Q2)              $1,487 psf
                                                                                                                                                      tT




                                                                                                                       32 Keppel Bay Drive #03-55                   1,334      $1,761 psf (Jun 10)          6.5% (2010Q2 to 2012Q2)              $1,875 psf
                                                                                                                       42 Keppel Bay Drive #04-105                  1,227      $1,499 psf (Jun 10)          6.5% (2010Q2 to 2012Q2)              $1,596 psf
                                                                                                                                           en




                                                                                                                       32 Keppel Bay Drive #04-62                   1,335      $1,461 psf (Jun 10)          6.5% (2010Q2 to 2012Q2)              $1,555 psf
                                                                                                                       4 Keppel Bay Drive #04-02                    1,280      $1,476 psf (Jul 10)          5.8% (2010Q3 to 2012Q2)              $1,561 psf
                                                                                                                       42 Keppel Bay Drive #05-110                  1,334      $1,450 psf (Jul 10)          5.8% (2010Q3 to 2012Q2)              $1,534 psf
                                                                                                                                nc




                                                                                                                       32 Keppel Bay Drive #05-61                   1,206      $1,617 psf (Aug 10)          5.8% (2010Q3 to 2012Q2)              $1,710 psf
                                                                                                                       32 Keppel Bay Drive #05-55                   1,335      $1,498 psf (Sep 10)          5.8% (2010Q3 to 2012Q2)              $1,584 psf
                                                                                                                       Vi




                                                                                                                       20 Keppel Bay Drive #05-28                   1,335      $1,498 psf (Oct 10)          3.9% (2010Q4 to 2012Q2)              $1,556 psf
                                                                                                                       42 Keppel Bay Drive #05-108                  1,227      $1,548 psf (Dec 10)          3.9% (2010Q4 to 2012Q2)              $1,608 psf
                                                                                                                       32 Keppel Bay Drive #03-54                   1,335      $1,573 psf (Dec 10)          3.9% (2010Q4 to 2012Q2)              $1,634 psf
                                                                                                                       42 Keppel Bay Drive #05-111                  1,335      $1,476 psf (Jan 11)          2.1% (2011Q1 to 2012Q2)              $1,508 psf
                                                                                                                       8 Keppel Bay Drive #04-08                    1,281      $1,538 psf (Mar 11)          2.1% (2011Q1 to 2012Q2)              $1,571 psf
                                                                                                                       42 Keppel Bay Drive #03-105                  1,270      $1,574 psf (Mar 11)          2.1% (2011Q1 to 2012Q2)              $1,608 psf
                                                                                                                       30 Keppel Bay Drive #03-48                   1,216      $1,414 psf (Mar 11)          2.1% (2011Q1 to 2012Q2)              $1,444 psf
                                                                                                                       12 Keppel Bay Drive #05-14                   1,281      $1,507 psf (Mar 11)          2.1% (2011Q1 to 2012Q2)              $1,539 psf
                                                                                                                       12 Keppel Bay Drive #04-14                   1,281      $1,495 psf (Apr 11)          1.1% (2011Q2 to 2012Q2)              $1,512 psf
                                                                                                                       40 Keppel Bay Drive #04-96                   1,227      $1,514 psf (May 11)          1.1% (2011Q2 to 2012Q2)              $1,531 psf
                                                                                                                       32 Keppel Bay Drive #05-58                   1,227      $1,524 psf (Jun 11)          1.1% (2011Q2 to 2012Q2)              $1,541 psf


                                                                                                                                                         Prepared for on Sep 10, 2012                                                              41    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                       Address                       Area              Last Sold              URA Price Index Change               Index PSF
                                                                                                                                                                     sqft                                                                           (2012Q2)
                                                                                                                       44 Keppel Bay Drive #03-115                  1,335      $1,513 psf (Jul 11)          0.0% (2011Q3 to 2012Q2)              $1,514 psf
                                                                                                                       44 Keppel Bay Drive #03-117                  1,216      $1,443 psf (Jul 11)          0.0% (2011Q3 to 2012Q2)              $1,444 psf
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       30 Keppel Bay Drive #03-44                   1,249      $1,536 psf (Aug 11)          0.0% (2011Q3 to 2012Q2)              $1,537 psf
                                                                                                                       46 Keppel Bay Drive #05-126                  1,335      $1,647 psf (Aug 11)          0.0% (2011Q3 to 2012Q2)              $1,648 psf
                                                                                                                       32 Keppel Bay Drive #03-61                   1,248      $1,506 psf (Sep 11)          0.0% (2011Q3 to 2012Q2)              $1,507 psf
                                                                                                                       44 Keppel Bay Drive #04-115                  1,335      $1,611 psf (Dec 11)          -0.4% (2011Q4 to 2012Q2)             $1,604 psf
                                                                                                                       34 Keppel Bay Drive #03-73                   1,206      $1,541 psf (Jan 12)          0.4% (2012Q1 to 2012Q2)              $1,547 psf




                                                                                                                                                                                                                    31
                                                                                                                       32 Keppel Bay Drive #05-56                   1,205      $1,485 psf (Feb 12)          0.4% (2012Q1 to 2012Q2)              $1,491 psf
                                                                                                                       32 Keppel Bay Drive #04-59                   1,227      $1,438 psf (Apr 12)          0.0% (2012Q2 to 2012Q2)              $1,438 psf




                                                                                                                                                                                                                  99
                                                                                                                       46 Keppel Bay Drive #04-126                  1,335      $1,483 psf (Apr 12)          0.0% (2012Q2 to 2012Q2)              $1,483 psf
                                                                                                                       10 Keppel Bay Drive #05-10                   1,281      $1,435 psf (Apr 12)          0.0% (2012Q2 to 2012Q2)              $1,435 psf
                                                                                                                       34 Keppel Bay Drive #05-69                   1,217      $1,500 psf (May 12)          0.0% (2012Q2 to 2012Q2)              $1,500 psf




                                                                                                                                                                                                                37
                                                                                                                       6 Keppel Bay Drive #05-05                    1,281      $1,475 psf (May 12)          0.0% (2012Q2 to 2012Q2)              $1,475 psf
                                                                                                                       4 Keppel Bay Drive #05-03                    1,281      $1,444 psf (Jun 12)          0.0% (2012Q2 to 2012Q2)              $1,444 psf
                                                                                                                       18 Keppel Bay Drive #04-25
                                                                                                                       34 Keppel Bay Drive #05-73
                                                                                                                                                                    1,324
                                                                                                                                                                    1,206
                                                                                                                                                                               $1,511 psf (Jun 12)
                                                                                                                                                                               $1,526 psf (Aug 12)
                                                                                                                                                                                                      92    0.0% (2012Q2 to 2012Q2)
                                                                                                                                                                                                            0.0% (2012Q3 to 2012Q2)
                                                                                                                                                                                                                                                 $1,511 psf
                                                                                                                                                                                                                                                 $1,526 psf
                                                                                                                                                                                        @
                                                                                                                                                                                                                       Average Index PSF           $1,462 psf


                                                                                                                       Based on an average index PSF of $1,462 psf for all the similar units, the AIP for CARIBBEAN AT
                                                                                                                                                                              g


                                                                                                                       KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 is $1,951,770 ($1,462 psf, 1335 sqft).
                                                                                                                                                        on



                                                                                                                        What would a typical mortgage for the Index Price be?
                                                                                                                                                      tT




                                                                                                                        Based on an Index Price of $1,951,770, a 30-year loan at 2.0% interest and 20% downpayment,
                                                                                                                        the monthly mortgage is $5,771.
                                                                                                                                           en
                                                                                                                                nc
                                                                                                                        Vi




                                                                                                                                                         Prepared for on Sep 10, 2012                                                              42    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                          Vincent Tong
                                                                                                                                                                  Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                              Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       3.4     How does the index price for CARIBBEAN AT KEPPEL BAY, 32 Keppel
                                                                                                                               Bay Drive Level 4 to 6 compare with the other price ranges discussed
                                                                                                                               earlier?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       The chart below shows, in 1 visual, the Index Price and Index Psf with respect to other transacted and
                                                                                                                       listing price ranges discussed earlier.




                                                                                                                                                                                                                    31
                                                                                                                       Use these charts as a reference to arrive at a pricing solution in which you can take comfort.




                                                                                                                                                                                                                  99
                                                                                                                                                                                                                37
                                                                                                                                                                                                      92
                                                                                                                                                                                        @
                                                                                                                                                                              g
                                                                                                                                                        on
                                                                                                                                                      tT
                                                                                                                                           en
                                                                                                                                nc
                                                                                                                        Vi




                                                                                                                                                         Prepared for on Sep 10, 2012                                                              43    of   93
                                                                                                                              Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931



                                                                                                                       3.5       What are the recent rental yields in Caribbean At Keppel Bay?
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Good property price appreciations are usually associated
                                                                                                                       with higher rental yields.


                                                                                                                       Gross Rental Yield of a property is its rental income




                                                                                                                                                                                                                      31
                                                                                                                       divided by its sale price.


                                                                                                                       Net Rental Yield is the rental income minus taxes and




                                                                                                                                                                                                                    99
                                                                                                                       expenses, divided by its sale price.




                                                                                                                                                                                                                  37
                                                                                                                       Return on Equity (ROE) is the rental income minus taxes
                                                                                                                       & expenses & bank loan interest, divided by the
                                                                                                                       downpayment. It is a precentage measure of the return
                                                                                                                       on the real estate investment property.
                                                                                                                                                                                                        92
                                                                                                                                               Project                              Gross Rental Yield           Net Rental Yield            Return on Equity
                                                                                                                                                                                          @
                                                                                                                       Caribbean At Keppel Bay                                               4.39%                      3.52%                       9.58%

                                                                                                                       The Pearl @ Mount Faber                                               4.40%                      3.52%                       9.58%
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay                                             3.14%                      2.51%                       4.57%
                                                                                                                                                          on



                                                                                                                       The table above shows an estimate of the average comparative rental yield for Condominiums in
                                                                                                                                                        tT




                                                                                                                       Caribbean At Keppel Bay and other comparable projects.


                                                                                                                       Note:
                                                                                                                                             en




                                                                                                                         (a)       Assume 20% expenses to obtain net income. This typically covers property taxes,
                                                                                                                                   maintenance, insurance, repairs, agent commission.
                                                                                                                                  nc




                                                                                                                         (b)       Return on Equity (ROE) calculations are based on 80.0% loan at an interest rate of 2.0% per
                                                                                                                                   annum. We assume pure interest bank loan with no capital repayment.
                                                                                                                        Vi




                                                                                                                          (c)      Projects marked with * have their project rentals estimated from all Condominiums along the
                                                                                                                                   same street as the project. For uncompleted projects, this may be an indication of its
                                                                                                                                   investment potential.
                                                                                                                         (d)       Refer to Annex for the rental yield derivation of Caribbean At Keppel Bay.




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              44    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                                Vincent Tong
                                                                                                                                                                      Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                   Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                                                                                                                                           Annex A


                                                                                                                       Rental yield calculations for Condominiums in Caribbean At Keppel Bay
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       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).




                                                                                                                                                                                                                           31
                                                                                                                                                                          25th percentile                    50th percentile                    75th percentile
                                                                                                                                         Size*                                1,216 sqft                         1,248 sqft                         1,635 sqft




                                                                                                                                                                                                                         99
                                                                                                                          A     Sale price*                                  $1,800,000                          $1,900,000                         $2,640,000
                                                                                                                          B     Down payment (20%)                            $360,000                           $380,000                            $528,000




                                                                                                                                                                                                                       37
                                                                                                                          C     Housing Loan (80.0%)                         $1,440,000                          $1,520,000                         $2,112,000
                                                                                                                          D     Yearly interest repayment               2.0% * $1,440,000                  2.0% * $1,520,000                  2.0% * $2,112,000
                                                                                                                                (2.0% interest * [C])                       = $28,800                          = $30,400                          = $42,240
                                                                                                                          E
                                                                                                                          F
                                                                                                                          G
                                                                                                                                Rent (psf) per month
                                                                                                                                Rent (p.m.) [size]x[E]
                                                                                                                                Gross Rent per annum
                                                                                                                                                                                 $5.21
                                                                                                                                                                                $6,337
                                                                                                                                                                               $76,044
                                                                                                                                                                                                           92       $5.60
                                                                                                                                                                                                                   $6,992
                                                                                                                                                                                                                  $83,910
                                                                                                                                                                                                                                                       $6.11
                                                                                                                                                                                                                                                      $9,997
                                                                                                                                                                                                                                                     $119,964
                                                                                                                                                                                             @
                                                                                                                          H     20% expenses                                   $15,209                            $16,782                            $23,993
                                                                                                                          I     Gross income = [G] - [H]                       $60,836                            $67,128                             $95,972
                                                                                                                          J     Net income = [I] - [D]                         $32,036                            $36,728                            $53,732
                                                                                                                                                                                   g


                                                                                                                          K     Gross Yield = [G] / [A]                         4.22%                              4.42%                               4.54%
                                                                                                                                                            on



                                                                                                                          L     Net Yield = [I] / [A]                           3.38%                              3.53%                              3.64%
                                                                                                                          M     Return on Equity (ROE) =                        8.90%                              9.67%                              10.18%
                                                                                                                                [J] / [B]
                                                                                                                                                          tT




                                                                                                                         Avg Gross Yield:        4.39%                        Avg Net Yield:        3.52%                             Avg ROE:        9.58%

                                                                                                                       * Sale Price & Size for each unit is based on the respective Sale PSF percentiles of caveats lodged for the project in the last quarter.
                                                                                                                                              en
                                                                                                                                  nc
                                                                                                                        Vi




                                                                                                                                                             Prepared for on Sep 10, 2012                                                                  45     of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                                                                                                                                    Annex B

                                                                                                                       All listings are active as at Sep 10, 2012. They are last posted within 1 month from various sources.
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Highlighted in yellow are the highest and lowest asking prices / psf.


                                                                                                                       Sale Listings with similar sizes in Caribbean At Keppel Bay
                                                                                                                               Sale Address                Asking                 PSF                  Built       Bed-                Posted             Days on
                                                                                                                                                                                                       sqft        rooms                                  Market




                                                                                                                                                                                                                       31
                                                                                                                       Caribbean At Keppel Bay       $1,500k             $1,680                893             2              Sep 10, 2012          35

                                                                                                                       Caribbean At Keppel Bay       $1,524k             $1,707                893             2              Sep 10, 2012          9

                                                                                                                       Caribbean At Keppel Bay       $1,880k             $1,559                1,206           3              Sep 10, 2012          19




                                                                                                                                                                                                                     99
                                                                                                                       Caribbean At Keppel Bay       $1,880k             $1,532                1,227           3              Sep 10, 2012          5

                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,379                1,378           3              Sep 10, 2012          76




                                                                                                                                                                                                                   37
                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,570                1,210           3              Sep 10, 2012          10

                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,496                1,270           3              Sep 10, 2012          0

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                     $1,924k

                                                                                                                                                     $1,924k

                                                                                                                                                     $1,924k
                                                                                                                                                                         $1,502

                                                                                                                                                                         $1,568

                                                                                                                                                                         $1,540
                                                                                                                                                                                               1,281

                                                                                                                                                                                               1,227

                                                                                                                                                                                               1,249
                                                                                                                                                                                                         92    3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                              Sep 10, 2012

                                                                                                                                                                                                                              Sep 10, 2012

                                                                                                                                                                                                                              Sep 10, 2012
                                                                                                                                                                                                                                                    178

                                                                                                                                                                                                                                                    94

                                                                                                                                                                                                                                                    26
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay       $1,930k             $1,573                1,227           3              Sep 10, 2012          8

                                                                                                                       Caribbean At Keppel Bay       $1,931k             $1,574                1,227           3              Sep 10, 2012          17

                                                                                                                       Caribbean At Keppel Bay       $1,932k             $1,575                1,227           3              Sep 10, 2012          8
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $1,932k             $1,402                1,378           3              Sep 10, 2012          116
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay       $1,950k             $1,418                1,375           3              Sep 10, 2012          2

                                                                                                                       Caribbean At Keppel Bay       $1,950k             $1,589                1,227           3              Sep 10, 2012          33

                                                                                                                                                     $1,969k             $1,429                1,378           3              Sep 10, 2012          37
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay       $1,990k             $1,593                1,249           3              Sep 10, 2012          38

                                                                                                                       Caribbean At Keppel Bay       $1,998k             $1,600                1,249           3              Sep 10, 2012          3
                                                                                                                                              en




                                                                                                                       Caribbean At Keppel Bay       $1,999k             $1,600                1,249           3              Sep 10, 2012          5

                                                                                                                       Caribbean At Keppel Bay       $1,999k             $1,522                1,313           3              Sep 10, 2012          38
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,575                1,270           3              Sep 10, 2012          5

                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,645                1,216           3              Sep 10, 2012          42

                                                                                                                       Caribbean At Keppel Bay       $2,100k             $1,712                1,227           3              Sep 10, 2012          54
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay       $2,118k             $1,600                1,324           3              Sep 10, 2012          9

                                                                                                                       Caribbean At Keppel Bay       $2,180k             $1,633                1,335           3              Sep 10, 2012          4

                                                                                                                       Caribbean At Keppel Bay       $2,200k             $1,648                1,335           4              Sep 10, 2012          202

                                                                                                                       Caribbean At Keppel Bay       $2,274k             $1,703                1,335           3              Sep 10, 2012          168

                                                                                                                       Caribbean At Keppel Bay       $2,389k             $1,820                1,313           3              Sep 10, 2012          73

                                                                                                                       Caribbean At Keppel Bay       $2,389k             $1,789                1,335           3              Sep 10, 2012          8

                                                                                                                       Caribbean At Keppel Bay       $2,390k             $1,790                1,335           3              Sep 10, 2012          4

                                                                                                                       Caribbean At Keppel Bay       $2,480k             $1,589                1,561           3              Sep 10, 2012          358

                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,290                2,170           3              Sep 10, 2012          4




                                                                                                                                                          Prepared for on Sep 10, 2012                                                              46     of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,288                2,174          3               Sep 10, 2012          4

                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,290                2,170          3               Sep 10, 2012          3

                                                                                                                       Caribbean At Keppel Bay       $2,855k             $1,105                2,583          3               Sep 10, 2012          46
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay       $2,900k             $1,123                2,583          4               Sep 10, 2012          160

                                                                                                                       Caribbean At Keppel Bay       $2,900k             $1,739                1,668          4               Sep 10, 2012          59

                                                                                                                       Caribbean At Keppel Bay       $2,904k             $1,124                2,583          4               Sep 10, 2012          123

                                                                                                                       Caribbean At Keppel Bay       $2,950k             $1,135                2,600          3               Sep 10, 2012          56

                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,161                2,583          3               Sep 10, 2012          0




                                                                                                                                                                                                                      31
                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,355                2,583          3               Sep 10, 2012          200

                                                                                                                       Caribbean At Keppel Bay       $7,200k             $1,548                4,650          4               Sep 10, 2012          0




                                                                                                                                                                                                                    99
                                                                                                                       Caribbean At Keppel Bay       $1,600k             $1,792                893            2               Sep 9, 2012           163

                                                                                                                       Caribbean At Keppel Bay       $1,810k             $1,413                1,281          3               Sep 9, 2012           110

                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,483                1,281          3               Sep 9, 2012           1




                                                                                                                                                                                                                  37
                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,380                1,377          3               Sep 9, 2012           1

                                                                                                                       Caribbean At Keppel Bay       $1,920k             $1,565                1,227          3               Sep 9, 2012           145

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                     $2,000k

                                                                                                                                                     $2,180k

                                                                                                                                                     $2,200k
                                                                                                                                                                         $1,460

                                                                                                                                                                         $1,633

                                                                                                                                                                         $1,676
                                                                                                                                                                                               1,370

                                                                                                                                                                                               1,335

                                                                                                                                                                                               1,313
                                                                                                                                                                                                       92     3

                                                                                                                                                                                                              3

                                                                                                                                                                                                              3
                                                                                                                                                                                                                              Sep 9, 2012

                                                                                                                                                                                                                              Sep 9, 2012

                                                                                                                                                                                                                              Sep 9, 2012
                                                                                                                                                                                                                                                    96

                                                                                                                                                                                                                                                    4

                                                                                                                                                                                                                                                    303
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay       $2,700k             $1,242                2,174          3               Sep 9, 2012           35

                                                                                                                       Caribbean At Keppel Bay       $2,780k             $1,688                1,647          4               Sep 9, 2012           17

                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,290                2,170          3               Sep 9, 2012           3
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $2,850k             $1,103                2,583          4               Sep 9, 2012           76
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay       $2,850k             $1,103                2,583          3               Sep 9, 2012           181

                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,161                2,583          3               Sep 9, 2012           46
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Sep 9, 2012           46

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Sep 9, 2012           122

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,426                2,174          3               Sep 9, 2012           46
                                                                                                                                             en




                                                                                                                       Caribbean At Keppel Bay       $1,580k             $1,881                840            2               Sep 8, 2012           322

                                                                                                                       Caribbean At Keppel Bay       $1,582k             $1,750                904            2               Sep 8, 2012           26
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay       $1,850k             $1,444                1,281          3               Sep 8, 2012           72

                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,549                1,227          3               Sep 8, 2012           168
                                                                                                                        Vi




                                                                                                                       Carribean At Keppel Bay       $1,900k             $1,573                1,208          3               Sep 8, 2012           42

                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,379                1,378          3               Sep 8, 2012           116

                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,523                1,313          3               Sep 8, 2012           62

                                                                                                                       Caribbean At Keppel Bay       $2,030k             $1,654                1,227          3               Sep 8, 2012           111

                                                                                                                       Caribbean At Keppel Bay       $2,080k             $1,638                1,270          3               Sep 8, 2012           14

                                                                                                                       Caribbean At Keppel Bay       $2,190k             $1,668                1,313          3               Sep 8, 2012           11

                                                                                                                       Caribbean At Keppel Bay       $3,180k             $1,394                2,282          3               Sep 8, 2012           330

                                                                                                                       Caribbean At Keppel Bay       $5,000k             $2,093                2,389          4               Sep 8, 2012           2

                                                                                                                       Caribbean At Keppel Bay       $1,588k             $1,776                894            2               Sep 7, 2012           3

                                                                                                                       Caribbean At Keppel Bay       $2,035k             $1,550                1,313          3               Sep 7, 2012           70




                                                                                                                                                          Prepared for on Sep 10, 2012                                                              47    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay       $2,060k             $1,622                1,270          3               Sep 7, 2012           47

                                                                                                                       Caribbean At Keppel Bay       $2,100k             $1,741                1,206          3               Sep 7, 2012           8

                                                                                                                       Caribbean At Keppel Bay       $2,100k             $1,573                1,335          3               Sep 7, 2012           28
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay       $2,150k             $1,610                1,335          3               Sep 7, 2012           14

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $2,800k             $1,290                2,170          3               Sep 7, 2012           3

                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,290                2,170          3               Sep 7, 2012           3

                                                                                                                       Caribbean At Keppel Bay       $2,900k             $1,123                2,583          4               Sep 7, 2012           449

                                                                                                                       Caribbean At Keppel Bay       $2,920k             $1,130                2,583          3               Sep 7, 2012           10




                                                                                                                                                                                                                      31
                                                                                                                       CARIBBEAN AT KEPPEL BAY, 46 $3,050k               $1,181                2,583          3               Sep 7, 2012           16

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,426                2,174          3               Sep 7, 2012           20




                                                                                                                                                                                                                    99
                                                                                                                       Caribbean At Keppel Bay       $3,250k             $1,258                2,583          3               Sep 7, 2012           9

                                                                                                                       Caribbean At Keppel Bay       $3,261k             $1,500                2,174          3               Sep 7, 2012           26

                                                                                                                       Caribbean At Keppel Bay       $3,409k             $1,800                1,894          3               Sep 7, 2012           153




                                                                                                                                                                                                                  37
                                                                                                                       Caribbean At Keppel Bay       $3,800k             $1,659                2,290          3               Sep 7, 2012           73

                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     893            2               Sep 7, 2012           11

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                     $1,530k

                                                                                                                                                     $1,582k

                                                                                                                                                     $1,875k
                                                                                                                                                                         $1,713

                                                                                                                                                                         $1,750

                                                                                                                                                                         $1,501
                                                                                                                                                                                               893

                                                                                                                                                                                               904

                                                                                                                                                                                               1,249
                                                                                                                                                                                                       92     2

                                                                                                                                                                                                              2

                                                                                                                                                                                                              3
                                                                                                                                                                                                                              Sep 6, 2012

                                                                                                                                                                                                                              Sep 6, 2012

                                                                                                                                                                                                                              Sep 6, 2012
                                                                                                                                                                                                                                                    37

                                                                                                                                                                                                                                                    4

                                                                                                                                                                                                                                                    17
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay       $2,009k             $1,530                1,313          3               Sep 6, 2012           61

                                                                                                                       Caribbean At Keppel Bay       $2,150k             $1,610                1,335          3               Sep 6, 2012           25

                                                                                                                       Caribbean At Keppel Bay       $2,180k             $1,633                1,335          3               Sep 6, 2012           6
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $2,200k             $1,648                1,335          4               Sep 6, 2012           4
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay       $2,210k             $1,655                1,335          3               Sep 6, 2012           39

                                                                                                                       Caribbean At Keppel Bay       $2,250k             $1,685                1,335          3               Sep 6, 2012           237
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay       $2,260k             $1,764                1,281          3               Sep 6, 2012           32

                                                                                                                       Caribbean At Keppel Bay       $2,600k             $1,196                2,174          3               Sep 6, 2012           75

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 46 $2,750k               $1,737                1,583          3               Sep 6, 2012           4
                                                                                                                                            en




                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,290                2,170          3               Sep 6, 2012           4

                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,161                2,584          3               Sep 6, 2012           21
                                                                                                                                   nc




                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Sep 6, 2012           53

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 46 $1,440k               $1,613                893            2               Sep 5, 2012           5
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay       $1,512k             $1,800                840            2               Sep 5, 2012           5

                                                                                                                       Caribbean                     $1,990k             $1,567                1,270          3               Sep 5, 2012           164

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 44 $2,000k               $1,561                1,281          3               Sep 5, 2012           5

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 44 $2,000k               $1,498                1,335          3               Sep 5, 2012           5

                                                                                                                       Caribbean                     $2,350k             $1,760                1,335          3               Sep 5, 2012           193

                                                                                                                       Caribbean                     $2,680k             $1,638                1,636          4               Sep 5, 2012           372

                                                                                                                       Caribbean                     $2,680k             $1,717                1,561          2               Sep 5, 2012           217

                                                                                                                       Caribbean At Keppel Bay       $2,700k             $1,244                2,170          3               Sep 5, 2012           5

                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,290                2,170          3               Sep 5, 2012           5

                                                                                                                       Caribbean At Keppel Bay       $2,919k             $1,750                1,668          4               Sep 5, 2012           55




                                                                                                                                                            Prepared for on Sep 10, 2012                                                            48    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay       $3,027k             $1,850                1,636          4               Sep 5, 2012           55

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,426                2,174          3               Sep 5, 2012           348

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          4               Sep 5, 2012           26
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay       $3,200k             $1,402                2,282          3               Sep 5, 2012           34

                                                                                                                       Caribbean                     $3,680k             $1,613                2,282          3               Sep 5, 2012           373

                                                                                                                       Caribbean At Keppel Bay       $3,950k             $2,109                1,873          4               Sep 5, 2012           55

                                                                                                                       Caribbean At Keppel Bay       $4,200k             $1,309                3,207          4               Sep 5, 2012           357

                                                                                                                       Caribbean At Keppel Bay       $4,480k             $1,397                3,207          4               Sep 5, 2012           296




                                                                                                                                                                                                                      31
                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     1,227          3               Sep 5, 2012           5

                                                                                                                       Caribbean At Keppel Bay       $1,880k             $1,531                1,228          3               Sep 4, 2012           27




                                                                                                                                                                                                                    99
                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,484                1,280          3               Sep 4, 2012           11

                                                                                                                       Caribbean At Keppel Bay       $2,050k             $1,614                1,270          3               Sep 4, 2012           54

                                                                                                                       Caribbean At Keppel Bay       $2,150k             $1,612                1,334          3               Sep 4, 2012           6




                                                                                                                                                                                                                  37
                                                                                                                       Caribbean At Keppel Bay       $2,200k             $1,732                1,270          3               Sep 4, 2012           84

                                                                                                                       Caribbean At Keppel Bay       $3,200k             $1,239                2,583          3               Sep 4, 2012           66

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                     $3,600k

                                                                                                                                                     $1,500k

                                                                                                                                                     $1,900k
                                                                                                                                                                         $1,394

                                                                                                                                                                         $1,659

                                                                                                                                                                         $1,483
                                                                                                                                                                                               2,583

                                                                                                                                                                                               904

                                                                                                                                                                                               1,281
                                                                                                                                                                                                       92     3

                                                                                                                                                                                                              2

                                                                                                                                                                                                              3
                                                                                                                                                                                                                              Sep 4, 2012

                                                                                                                                                                                                                              Sep 3, 2012

                                                                                                                                                                                                                              Sep 3, 2012
                                                                                                                                                                                                                                                    35

                                                                                                                                                                                                                                                    7

                                                                                                                                                                                                                                                    192
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay       $1,960k             $1,530                1,281          3               Sep 3, 2012           116

                                                                                                                       Caribbean At Keppel Bay       $1,992k             $1,594                1,250          3               Sep 3, 2012           36

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $2,150k             $1,610                1,335          3               Sep 3, 2012           58
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $2,200k             $1,648                1,335          4               Sep 3, 2012           7
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,315                2,282          3               Sep 3, 2012           39

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Sep 3, 2012           34
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay       $4,000k             $2,112                1,894          4               Sep 3, 2012           47

                                                                                                                       Caribbean At Keppel Bay       $1,580k             $1,769                893            2               Sep 2, 2012           198

                                                                                                                       Caribbean At Keppel Bay       $1,860k             $1,516                1,227          3               Sep 2, 2012           21
                                                                                                                                            en




                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,444                1,385          3               Sep 2, 2012           8

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 46 $2,000k               $1,523                1,313          3               Sep 2, 2012           8
                                                                                                                                   nc




                                                                                                                       Caribbean At Keppel Bay       $2,050k             $1,600                1,281          3               Sep 2, 2012           38

                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,161                2,583          3               Sep 2, 2012           25
                                                                                                                        Vi




                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,100k             $1,200                2,583          3               Sep 2, 2012           8

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,426                2,174          3               Sep 2, 2012           240

                                                                                                                       Caribbean At Keppel Bay       $3,400k             $1,316                2,583          4               Sep 2, 2012           58

                                                                                                                       Caribbean At Keppel Bay       $3,600k             $1,578                2,282          3               Sep 2, 2012           8

                                                                                                                       Caribbean                     $5,000k             $1,559                3,208          4               Sep 2, 2012           58

                                                                                                                       Caribbean At Keppel Bay       $1,580k             $1,881                840            2               Sep 1, 2012           8

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $1,650k             $1,848                893            2               Sep 1, 2012           23

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $1,880k             $1,275                1,475          3               Sep 1, 2012           16

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $1,920k             $1,393                1,378          3               Sep 1, 2012           9

                                                                                                                       Caribbean At Keppel Bay       $1,960k             $1,597                1,227          3               Sep 1, 2012           93




                                                                                                                                                            Prepared for on Sep 10, 2012                                                            49    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,429                1,400          2               Sep 1, 2012           9

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $2,300k             $1,752                1,313          3               Sep 1, 2012           71

                                                                                                                       Caribbean At Keppel Bay       $2,600k             $1,196                2,174          3               Sep 1, 2012           124
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay       $2,680k             $1,638                1,636          4               Sep 1, 2012           9

                                                                                                                       Caribbean At Keppel Bay       $2,700k             $1,242                2,174          3               Sep 1, 2012           21

                                                                                                                       Caribbean At Keppel Bay       $2,981k             $1,154                2,583          4               Sep 1, 2012           131

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Sep 1, 2012           39

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,250k             $1,258                2,583          3               Sep 1, 2012           98




                                                                                                                                                                                                                      31
                                                                                                                       Caribbean At Keppel Bay       $3,600k             $1,394                2,583          3               Sep 1, 2012           271

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $1,880k             $1,505                1,249          3               Aug 31, 2012          127




                                                                                                                                                                                                                    99
                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,601                1,249          3               Aug 31, 2012          17

                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,630                1,227          3               Aug 31, 2012          17

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 46 $3,100k               $1,200                2,583          3               Aug 31, 2012          29




                                                                                                                                                                                                                  37
                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,100k             $1,200                2,583          3               Aug 31, 2012          35

                                                                                                                       Caribbean At Keppel Bay       $3,300k             $1,278                2,583          3               Aug 31, 2012          52

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       CARIBBEAN AT KEPPEL BAY

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                     $3,500k

                                                                                                                                                     CALL

                                                                                                                                                     $1,680k
                                                                                                                                                                         $1,355

                                                                                                                                                                         -

                                                                                                                                                                         $2,000
                                                                                                                                                                                               2,583

                                                                                                                                                                                               1,636

                                                                                                                                                                                               840
                                                                                                                                                                                                       92     4

                                                                                                                                                                                                              4

                                                                                                                                                                                                              2
                                                                                                                                                                                                                              Aug 31, 2012

                                                                                                                                                                                                                              Aug 31, 2012

                                                                                                                                                                                                                              Aug 30, 2012
                                                                                                                                                                                                                                                    128

                                                                                                                                                                                                                                                    18

                                                                                                                                                                                                                                                    38
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay       $1,888k             $1,487                1,270          3               Aug 30, 2012          45

                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,574                1,271          2               Aug 30, 2012          11

                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,630                1,227          3               Aug 30, 2012          52
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,523                1,313          3               Aug 30, 2012          66
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay       $2,390k             $1,797                1,330          3               Aug 30, 2012          36

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Aug 30, 2012          33
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay       $9,800k             $1,597                6,135          4               Aug 30, 2012          359

                                                                                                                       Caribbean At Keppel Bay       $1,500k             $1,680                893            2               Aug 29, 2012          39

                                                                                                                       Caribbean At Keppel Bay       $1,550k             $1,847                839            2               Aug 29, 2012          12
                                                                                                                                            en




                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,457                2,127          3               Aug 29, 2012          12

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,100k             $1,201                2,582          3               Aug 29, 2012          22
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay       $1,830k             $1,429                1,281          3               Aug 28, 2012          356

                                                                                                                       Caribbean At Keppel Bay       $1,950k             $1,589                1,227          3               Aug 28, 2012          56
                                                                                                                        Vi




                                                                                                                       CARIBBEAN AT KEPPEL BAY       $1,980k             $1,546                1,281          3               Aug 28, 2012          13

                                                                                                                       Caribbean At Keppel Bay       $2,200k             $1,648                1,335          3               Aug 28, 2012          126

                                                                                                                       Caribbean At Keppel Bay       $2,330k             $1,745                1,335          3               Aug 28, 2012          129

                                                                                                                       Caribbean At Keppel Bay       $2,900k             $1,123                2,583          3               Aug 28, 2012          598

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 46 $3,100k               $1,200                2,583          3               Aug 28, 2012          38

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Aug 28, 2012          70

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Aug 28, 2012          68

                                                                                                                       Caribbean At Keppel Bay       $1,500k             $1,786                840            2               Aug 27, 2012          14

                                                                                                                       Caribbean At Keppel Bay       $1,550k             $1,736                893            2               Aug 27, 2012          287

                                                                                                                       Caribbean At Keppel Bay       $1,840k             $1,436                1,281          3               Aug 27, 2012          65




                                                                                                                                                            Prepared for on Sep 10, 2012                                                            50    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay       $1,990k             $1,553                1,281          3               Aug 27, 2012          14

                                                                                                                       Caribbean At Keppel Bay       $2,100k             $1,741                1,206          3               Aug 27, 2012          43

                                                                                                                       Caribbean At Keppel Bay       $2,190k             $1,640                1,335          3               Aug 27, 2012          28
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay       $2,365k             $1,801                1,313          3               Aug 27, 2012          27

                                                                                                                       Caribbean At Keppel Bay       $1,830k             $1,429                1,281          3               Aug 26, 2012          26

                                                                                                                       Caribbean At Keppel Bay       $1,680k             $1,881                893            2               Aug 25, 2012          86

                                                                                                                       Caribbean At Keppel Bay       $1,889k             $1,540                1,227          3               Aug 25, 2012          26

                                                                                                                       Caribbean At Keppel Bay       $1,950k             $1,522                1,281          3               Aug 25, 2012          358




                                                                                                                                                                                                                      31
                                                                                                                       Caribbean At Keppel Bay       $1,980k             $1,585                1,249          3               Aug 25, 2012          57

                                                                                                                       Caribbean At Keppel Bay       $2,100k             $1,653                1,270          3               Aug 25, 2012          23




                                                                                                                                                                                                                    99
                                                                                                                       Caribbean At Keppel Bay       $2,250k             $1,659                1,356          3               Aug 25, 2012          31

                                                                                                                       Caribbean At Keppel Bay       $2,800k             $1,711                1,636          4               Aug 25, 2012          60

                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     -              3               Aug 25, 2012          16




                                                                                                                                                                                                                  37
                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,496                1,270          3               Aug 24, 2012          17

                                                                                                                       Caribbean At Keppel Bay       $1,949k             $1,414                1,378          3               Aug 24, 2012          59

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       CARIBBEAN AT KEPPEL BAY

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                     $2,086k

                                                                                                                                                     $2,100k

                                                                                                                                                     $3,100k
                                                                                                                                                                         $1,700

                                                                                                                                                                         $1,525

                                                                                                                                                                         $1,200
                                                                                                                                                                                               1,227

                                                                                                                                                                                               1,377

                                                                                                                                                                                               2,583
                                                                                                                                                                                                       92     3

                                                                                                                                                                                                              3

                                                                                                                                                                                                              4
                                                                                                                                                                                                                              Aug 24, 2012

                                                                                                                                                                                                                              Aug 24, 2012

                                                                                                                                                                                                                              Aug 24, 2012
                                                                                                                                                                                                                                                    17

                                                                                                                                                                                                                                                    17

                                                                                                                                                                                                                                                    17
                                                                                                                                                                                         @
                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,100k             $1,200                2,583          4               Aug 24, 2012          17

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,200k             $1,239                2,583          3               Aug 24, 2012          17

                                                                                                                       Caribbean At Keppel Bay       $3,300k             $1,518                2,174          3               Aug 24, 2012          248
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $2,080k             $1,556                1,337          3               Aug 23, 2012          56
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay       $2,140k             $1,603                1,335          3               Aug 23, 2012          90

                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583          3               Aug 23, 2012          56
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay       $3,120k             $1,208                2,583          3               Aug 23, 2012          106

                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     1,755          4               Aug 23, 2012          18

                                                                                                                       Caribbean At Keppel Bay       $1,856k             $1,534                1,210          3               Aug 22, 2012          34
                                                                                                                                            en




                                                                                                                       CARIBBEAN AT KEPPEL BAY       $1,900k             $1,563                1,216          3               Aug 22, 2012          76

                                                                                                                       Caribbean At Keppel Bay       $1,930k             $1,507                1,281          3               Aug 22, 2012          44
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay       $1,990k             $1,516                1,313          3               Aug 22, 2012          58

                                                                                                                       Caribbean At Keppel Bay       $2,150k             $1,752                1,227          3               Aug 22, 2012          193
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay       $2,225k             $1,667                1,335          4               Aug 22, 2012          42

                                                                                                                       Caribbean At Keppel Bay       $2,250k             $1,686                1,335          4               Aug 22, 2012          487

                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,132                2,650          3               Aug 22, 2012          23

                                                                                                                       Caribbean At Keppel Bay       $3,580k             $1,385                2,584          4               Aug 22, 2012          64

                                                                                                                       Caribbean At Keppel Bay       $3,600k             $1,901                1,894          4               Aug 22, 2012          19

                                                                                                                       Caribbean At Keppel Bay       $3,600k             $1,901                1,894          4               Aug 22, 2012          26

                                                                                                                       Caribbean At Keppel Bay       $1,960k             $1,530                1,281          3               Aug 21, 2012          20

                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,575                1,270          3               Aug 21, 2012          192

                                                                                                                       Caribbean At Keppel Bay       $2,100k             $1,525                1,377          3               Aug 21, 2012          20

                                                                                                                       Caribbean At Keppel Bay       $2,200k             $1,517                1,450          2               Aug 21, 2012          36




                                                                                                                                                            Prepared for on Sep 10, 2012                                                            51    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay       $2,489k             $1,814                1,372          2               Aug 21, 2012          20

                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,161                2,583          4               Aug 21, 2012          20

                                                                                                                       Caribbean At Keppel Bay       $3,000k             $1,161                2,583          3               Aug 21, 2012          123
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay       $2,700k             $1,242                2,174          3               Aug 20, 2012          21

                                                                                                                       Caribbean At Keppel Bay       $2,900k             $1,123                2,583          3               Aug 20, 2012          102

                                                                                                                       Caribbean At Keppel Bay       $3,450k             $1,661                2,077          4               Aug 20, 2012          67

                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,675                2,089          4               Aug 20, 2012          27

                                                                                                                       Caribbean At Keppel Bay       $1,520k             $1,708                890            2               Aug 19, 2012          22




                                                                                                                                                                                                                      31
                                                                                                                       Caribbean At Keppel Bay       $1,520k             $1,702                893            2               Aug 19, 2012          22

                                                                                                                       Caribbean At Keppel Bay       $1,880k             $1,532                1,227          3               Aug 19, 2012          118




                                                                                                                                                                                                                    99
                                                                                                                       Caribbean At Keppel Bay       $1,950k             $1,601                1,218          3               Aug 19, 2012          80

                                                                                                                       Caribbean At Keppel Bay       $2,300k             $1,752                1,313          3               Aug 19, 2012          22

                                                                                                                       Caribbean At Keppel Bay       $2,400k             $1,770                1,356          4               Aug 19, 2012          22




                                                                                                                                                                                                                  37
                                                                                                                       Caribbean At Keppel Bay       $7,200k             $1,548                4,650          4               Aug 19, 2012          415

                                                                                                                       Caribbean At Keppel Bay       $2,050k             $1,600                1,281          3               Aug 18, 2012          159

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       CARIBBEAN AT KEPPEL BAY
                                                                                                                                                     $2,180k

                                                                                                                                                     $2,200k

                                                                                                                                                     $2,250k
                                                                                                                                                                         $1,702

                                                                                                                                                                         $1,517

                                                                                                                                                                         -
                                                                                                                                                                                               1,281

                                                                                                                                                                                               1,450

                                                                                                                                                                                               -
                                                                                                                                                                                                       92     3

                                                                                                                                                                                                              2

                                                                                                                                                                                                              2
                                                                                                                                                                                                                              Aug 18, 2012

                                                                                                                                                                                                                              Aug 18, 2012

                                                                                                                                                                                                                              Aug 18, 2012
                                                                                                                                                                                                                                                    26

                                                                                                                                                                                                                                                    38

                                                                                                                                                                                                                                                    116
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay       $2,260k             $1,693                1,335          4               Aug 18, 2012          50

                                                                                                                       Caribbean At Keppel Bay       $2,489k             $1,841                1,352          2               Aug 18, 2012          24

                                                                                                                       Caribbean At Keppel Bay       $2,700k             $1,639                1,647          4               Aug 18, 2012          42
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,355                2,583          3               Aug 18, 2012          42
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay       $3,600k             $1,715                2,099          4               Aug 18, 2012          42

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $4,008k             $1,552                2,583          4               Aug 18, 2012          25
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay       $4,100k             $1,589                2,580          4               Aug 18, 2012          72

                                                                                                                       Caribbean At Keppel Bay       $5,900k             $1,890                3,122          4               Aug 18, 2012          51

                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     1,207          3               Aug 18, 2012          23
                                                                                                                                            en




                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     882            2               Aug 18, 2012          23

                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     2,583          3               Aug 18, 2012          44
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay       $1,860k             $1,453                1,280          3               Aug 17, 2012          264

                                                                                                                       Caribbean At Keppel Bay       $1,870k             $1,460                1,281          3               Aug 17, 2012          139
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay       $1,950k             $1,585                1,230          3               Aug 17, 2012          253

                                                                                                                       Caribbean At Keppel Bay       $2,050k             $1,600                1,281          3               Aug 17, 2012          174

                                                                                                                       Caribbean At Keppel Bay       $2,081k             $1,559                1,335          3               Aug 17, 2012          174

                                                                                                                       Caribbean At Keppel Bay       $2,100k             $1,653                1,270          2               Aug 17, 2012          24

                                                                                                                       Caribbean At Keppel Bay       $2,168k             $1,600                1,355          3               Aug 17, 2012          137

                                                                                                                       Caribbean At Keppel Bay       $2,250k             $1,772                1,270          3               Aug 17, 2012          174

                                                                                                                       Caribbean At Keppel Bay       $2,300k             $1,723                1,335          3               Aug 17, 2012          168

                                                                                                                       Caribbean At Keppel Bay       $2,855k             $1,105                2,583          3               Aug 17, 2012          37

                                                                                                                       Caribbean At Keppel Bay       $2,880k             $1,115                2,583          3               Aug 17, 2012          178

                                                                                                                       Caribbean At Keppel Bay       $3,250k             $1,528                2,127          3               Aug 17, 2012          174




                                                                                                                                                            Prepared for on Sep 10, 2012                                                            52    of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                     Caribbean At Keppel Bay Report                               CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay       $3,620k             $1,725                2,099           4              Aug 17, 2012          47

                                                                                                                       Caribbean At Keppel Bay       $3,620k             $1,725                2,099           4              Aug 17, 2012          36

                                                                                                                       Caribbean At Keppel Bay       $3,620k             $1,725                2,099           4              Aug 17, 2012          36
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay       $5,800k             $1,855                3,127           4              Aug 17, 2012          174

                                                                                                                       Caribbean At Keppel Bay       $2,300k             $1,752                1,313           3              Aug 16, 2012          25

                                                                                                                       Caribbean At Keppel Bay       $3,280k             $1,270                2,583           3              Aug 16, 2012          38

                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,671                2,095           4              Aug 16, 2012          25

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,500k             $1,667                2,100           4              Aug 16, 2012          27




                                                                                                                                                                                                                       31
                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,355                2,583           3              Aug 16, 2012          117

                                                                                                                       Caribbean At Keppel Bay       $1,980k             $1,614                1,227           3              Aug 15, 2012          63




                                                                                                                                                                                                                     99
                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,523                1,313           3              Aug 15, 2012          67

                                                                                                                       Caribbean At Keppel Bay       $2,000k             $1,601                1,249           3              Aug 15, 2012          37

                                                                                                                       Caribbean At Keppel Bay       $2,079k             $1,583                1,313           3              Aug 15, 2012          33




                                                                                                                                                                                                                   37
                                                                                                                       CARIBBEAN AT KEPPEL BAY       $2,180k             $1,793                1,216           3              Aug 15, 2012          42

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $3,500k             $1,355                2,583           4              Aug 15, 2012          26

                                                                                                                       CARIBBEAN AT KEPPEL BAY

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                     CALL

                                                                                                                                                     $1,850k

                                                                                                                                                     $2,150k
                                                                                                                                                                         -

                                                                                                                                                                         $1,510

                                                                                                                                                                         $1,752
                                                                                                                                                                                               893

                                                                                                                                                                                               1,225

                                                                                                                                                                                               1,227
                                                                                                                                                                                                         92    2

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                              Aug 15, 2012

                                                                                                                                                                                                                              Aug 14, 2012

                                                                                                                                                                                                                              Aug 14, 2012
                                                                                                                                                                                                                                                    26

                                                                                                                                                                                                                                                    27

                                                                                                                                                                                                                                                    96
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay       $3,100k             $1,200                2,583           4              Aug 14, 2012          47

                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,667                2,100           4              Aug 14, 2012          30

                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,677                2,087           4              Aug 14, 2012          27
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay       $3,620k             $1,732                2,090           4              Aug 14, 2012          38
                                                                                                                                                         on



                                                                                                                       CARIBBEAN AT KEPPEL BAY, 2    $5,500k             $1,762                3,122           4              Aug 14, 2012          27

                                                                                                                       Caribbean At Keppel Bay       $1,899k             $1,522                1,248           3              Aug 13, 2012          161
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay       $1,980k             $1,585                1,249           3              Aug 13, 2012          28

                                                                                                                       Caribbean At Keppel Bay       $2,118k             $1,600                1,324           3              Aug 13, 2012          64

                                                                                                                       CARIBBEAN AT KEPPEL BAY       $2,389k             $1,609                1,485           2              Aug 13, 2012          49
                                                                                                                                              en




                                                                                                                       Caribbean At Keppel Bay       $2,480k             $1,771                1,400           2              Aug 13, 2012          65

                                                                                                                       Caribbean At Keppel Bay       $4,300k             $1,340                3,208           4              Aug 13, 2012          28
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay       $1,510k             $1,776                850             2              Aug 12, 2012          29

                                                                                                                       Caribbean At Keppel Bay       $3,530k             $1,691                2,088           4              Aug 12, 2012          31
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay       $1,510k             $1,787                845             2              Aug 11, 2012          55

                                                                                                                       Caribbean At Keppel Bay       $1,880k             $1,505                1,249           3              Aug 11, 2012          57

                                                                                                                       Caribbean At Keppel Bay       $1,900k             $1,483                1,281           3              Aug 11, 2012          57

                                                                                                                       Caribbean At Keppel Bay       $2,200k             $1,648                1,335           3              Aug 11, 2012          92

                                                                                                                       Caribbean At Keppel Bay       $3,200k             $1,768                1,810           4              Aug 11, 2012          30

                                                                                                                       Caribbean At Keppel Bay       $3,500k             $1,355                2,583           3              Aug 11, 2012          30

                                                                                                                       CARIBBEAN AT KEPPEL BAY       CALL                -                     -               3              Aug 11, 2012          30




                                                                                                                       Sale Listings with similar sizes in other comparable projects
                                                                                                                               Sale Address                 Asking                PSF                  Built       Bed-                Posted             Days on




                                                                                                                                                            Prepared for on Sep 10, 2012                                                            53     of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                                                                                                        sqft        rooms                                  Market

                                                                                                                       Reflections At Keppel Bay      $1,650k             $1,630                1,012          2               Sep 10, 2012          140

                                                                                                                       Reflections At Keppel Bay      $1,700k             $1,889                900            2               Sep 10, 2012          35
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $1,700k             $1,808                940            2               Sep 10, 2012          140

                                                                                                                       Reflections At Keppel Bay      $1,720k             $1,564                1,100          2               Sep 10, 2012          140

                                                                                                                       Reflections At Keppel Bay      $1,800k             $2,064                872            2               Sep 10, 2012          135

                                                                                                                       Reflections At Keppel Bay      $1,820k             $1,798                1,012          2               Sep 10, 2012          66

                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,766                1,076          2               Sep 10, 2012          110

                                                                                                                       Reflections At Keppel Bay      $1,910k             $1,707                1,119          2               Sep 10, 2012          0




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $1,950k             $1,662                1,173          2               Sep 10, 2012          5

                                                                                                                       Reflections At Keppel Bay      $1,960k             $1,752                1,119          2               Sep 10, 2012          112




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $1,980k             $1,956                1,012          2               Sep 10, 2012          32

                                                                                                                       Reflections At Keppel Bay      $1,980k             $1,769                1,119          2               Sep 10, 2012          81

                                                                                                                       Reflections At Keppel Bay      $1,988k             $1,884                1,055          2               Sep 10, 2012          245




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $1,990k             $1,812                1,098          2               Sep 10, 2012          0

                                                                                                                       Reflections At Keppel Bay      $1,990k             $1,516                1,313          3               Sep 10, 2012          2

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $2,000k

                                                                                                                                                      $2,020k

                                                                                                                                                      $2,080k
                                                                                                                                                                          $1,896

                                                                                                                                                                          $1,805

                                                                                                                                                                          $2,101
                                                                                                                                                                                                1,055

                                                                                                                                                                                                1,119

                                                                                                                                                                                                990
                                                                                                                                                                                                          92   2

                                                                                                                                                                                                               2

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Sep 10, 2012

                                                                                                                                                                                                                               Sep 10, 2012

                                                                                                                                                                                                                               Sep 10, 2012
                                                                                                                                                                                                                                                     343

                                                                                                                                                                                                                                                     87

                                                                                                                                                                                                                                                     27
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,121                990            2               Sep 10, 2012          87

                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,121                990            2               Sep 10, 2012          144

                                                                                                                       Reflections At Keppel Bay      $2,109k             $1,593                1,324          3               Sep 10, 2012          245
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $2,200k             $1,719                1,280          3               Sep 10, 2012          91
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $2,235k             $1,760                1,270          3               Sep 10, 2012          66

                                                                                                                       Reflections At Keppel Bay      $2,242k             $1,750                1,281          3               Sep 10, 2012          105

                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,769                1,300          3               Sep 10, 2012          4
                                                                                                                                                        tT




                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,303k             $2,003                1,150          3               Sep 10, 2012          180
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $2,336k             $1,824                1,281          3               Sep 10, 2012          80
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $2,350k             $1,808                1,300          3               Sep 10, 2012          74

                                                                                                                       Reflections At Keppel Bay      $2,375k             $2,100                1,131          2               Sep 10, 2012          84
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $2,380k             $2,404                990            2               Sep 10, 2012          0

                                                                                                                       Reflections At Keppel Bay      $2,389k             $2,413                990            3               Sep 10, 2012          133

                                                                                                                       Reflections At Keppel Bay      $2,411k             $1,850                1,303          3               Sep 10, 2012          63
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $2,441k             $1,800                1,356          3               Sep 10, 2012          5

                                                                                                                       Reflections At Keppel Bay      $2,441k             $1,800                1,356          3               Sep 10, 2012          77

                                                                                                                       Reflections At Keppel Bay      $2,490k             $1,532                1,625          3               Sep 10, 2012          5

                                                                                                                       Reflections At Keppel Bay      $2,500k             $1,538                1,625          3               Sep 10, 2012          0

                                                                                                                       Reflections At Keppel Bay      $2,589k             $1,593                1,625          3               Sep 10, 2012          20

                                                                                                                       Reflections At Keppel Bay      $2,590k             $1,695                1,528          3               Sep 10, 2012          0

                                                                                                                       Reflections At Keppel Bay      $2,702k             $1,900                1,422          3               Sep 10, 2012          26

                                                                                                                       Reflections At Keppel Bay      $2,730k             $1,798                1,518          3               Sep 10, 2012          239

                                                                                                                       Reflections At Keppel Bay      $2,750k             $1,980                1,388          3               Sep 10, 2012          357

                                                                                                                       Reflections At Keppel Bay      $2,857k             $1,830                1,561          3               Sep 10, 2012          204




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              54    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $2,889k             $2,064                1,400          3               Sep 10, 2012          125

                                                                                                                       Reflections At Keppel Bay      $2,950k             $1,943                1,518          3               Sep 10, 2012          45

                                                                                                                       Reflections At Keppel Bay      $3,034k             $2,015                1,506          3               Sep 10, 2012          54

                                                                                                                       Reflections At Keppel Bay      $3,035k             $2,015                1,506          3               Sep 10, 2012          52
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $3,036k             $2,024                1,500          3               Sep 10, 2012          10

                                                                                                                       Reflections At Keppel Bay      $3,060k             $2,217                1,380          3               Sep 10, 2012          42

                                                                                                                       Reflections At Keppel Bay      $3,080k             $2,200                1,400          3               Sep 10, 2012          157

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,057                1,507          3               Sep 10, 2012          67

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,000                1,550          3               Sep 10, 2012          10




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,000                1,550          3               Sep 10, 2012          33

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,000                1,550          3               Sep 10, 2012          28




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,000                1,550          3               Sep 10, 2012          19

                                                                                                                       Reflections At Keppel Bay      $3,150k             $2,072                1,520          3               Sep 10, 2012          37

                                                                                                                       Reflections At Keppel Bay      $3,151k             $2,091                1,507          3               Sep 10, 2012          7




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $3,250k             $2,695                1,206          3               Sep 10, 2012          98

                                                                                                                       Reflections At Keppel Bay      $3,300k             $1,904                1,733          3               Sep 10, 2012          56

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $3,389k

                                                                                                                                                      $3,400k

                                                                                                                                                      $3,500k
                                                                                                                                                                          $2,113

                                                                                                                                                                          $2,209

                                                                                                                                                                          $2,482
                                                                                                                                                                                                1,604

                                                                                                                                                                                                1,539

                                                                                                                                                                                                1,410
                                                                                                                                                                                                        92     3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Sep 10, 2012

                                                                                                                                                                                                                               Sep 10, 2012

                                                                                                                                                                                                                               Sep 10, 2012
                                                                                                                                                                                                                                                     67

                                                                                                                                                                                                                                                     54

                                                                                                                                                                                                                                                     33
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $3,500k             $2,274                1,539          3               Sep 10, 2012          52

                                                                                                                       Reflections At Keppel Bay      $3,520k             $1,797                1,959          3               Sep 10, 2012          80

                                                                                                                       Reflections At Keppel Bay      $3,640k             $1,858                1,959          3               Sep 10, 2012          13
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,825                2,000          3               Sep 10, 2012          181
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $3,700k             $2,370                1,561          3               Sep 10, 2012          192

                                                                                                                       Reflections At Keppel Bay      $3,750k             $2,192                1,711          3               Sep 10, 2012          135

                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,434                1,561          3               Sep 10, 2012          55
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,209                1,720          3               Sep 10, 2012          74

                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,469                1,539          3               Sep 10, 2012          50

                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,217                1,714          3               Sep 10, 2012          32
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $3,844k             $2,480                1,550          3               Sep 10, 2012          200

                                                                                                                       Reflections At Keppel Bay      $3,850k             $2,250                1,711          3               Sep 10, 2012          84
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $3,898k             $2,293                1,700          3               Sep 10, 2012          200

                                                                                                                       Reflections At Keppel Bay      $4,015k             $2,288                1,755          3               Sep 10, 2012          45
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay      $4,074k             $2,188                1,862          3               Sep 10, 2012          45

                                                                                                                       Reflections At Keppel Bay      $4,096k             $2,278                1,798          3               Sep 10, 2012          45

                                                                                                                       Reflections At Keppel Bay      $4,100k             $2,278                1,800          3               Sep 10, 2012          42

                                                                                                                       Reflections At Keppel Bay      $4,101k             $2,682                1,529          3               Sep 10, 2012          247

                                                                                                                       Reflections At Keppel Bay      $4,125k             $2,178                1,894          3               Sep 10, 2012          45

                                                                                                                       Reflections At Keppel Bay      $4,202k             $2,168                1,938          3               Sep 10, 2012          40

                                                                                                                       Reflections At Keppel Bay      $4,277k             $2,148                1,991          3               Sep 10, 2012          40

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $4,300k             $2,497                1,722          3               Sep 10, 2012          13

                                                                                                                       Reflections At Keppel Bay      $4,301k             $2,258                1,905          3               Sep 10, 2012          40

                                                                                                                       Reflections At Keppel Bay      $4,600k             $1,952                2,357          4               Sep 10, 2012          45

                                                                                                                       Reflections At Keppel Bay      $4,858k             $2,550                1,905          3               Sep 10, 2012          287




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              55    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $4,880k             $2,070                2,357          4               Sep 10, 2012          56

                                                                                                                       Reflections At Keppel Bay      $4,900k             $2,197                2,230          3               Sep 10, 2012          6

                                                                                                                       Reflections At Keppel Bay      $5,000k             $2,265                2,207          3               Sep 10, 2012          112

                                                                                                                       Reflections At Keppel Bay      $5,180k             $2,347                2,207          4               Sep 10, 2012          225
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $5,194k             $2,400                2,164          4               Sep 10, 2012          109

                                                                                                                       Reflections At Keppel Bay      $5,200k             $2,323                2,238          3               Sep 10, 2012          80

                                                                                                                       Reflections At Keppel Bay      $5,200k             $2,100                2,476          4               Sep 10, 2012          45

                                                                                                                       Reflections At Keppel Bay      $5,271k             $2,400                2,196          3               Sep 10, 2012          247

                                                                                                                       Reflections At Keppel Bay      $5,297k             $2,400                2,207          3               Sep 10, 2012          214




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $5,300k             $2,270                2,335          4               Sep 10, 2012          55

                                                                                                                       Reflections At Keppel Bay      $5,300k             $2,474                2,142          3               Sep 10, 2012          122




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $5,798k             $2,221                2,610          4               Sep 10, 2012          0

                                                                                                                       Reflections At Keppel Bay      $5,850k             $2,250                2,600          4               Sep 10, 2012          200

                                                                                                                       Reflections At Keppel Bay      $5,880k             $2,324                2,530          4               Sep 10, 2012          96




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $6,000k             $2,303                2,605          4               Sep 10, 2012          11

                                                                                                                       Reflections At Keppel Bay      $6,000k             $2,303                2,605          4               Sep 10, 2012          10

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $6,000k

                                                                                                                                                      $6,406k

                                                                                                                                                      $6,920k
                                                                                                                                                                          $2,303

                                                                                                                                                                          $2,600

                                                                                                                                                                          $2,801
                                                                                                                                                                                                2,605

                                                                                                                                                                                                2,464

                                                                                                                                                                                                2,471
                                                                                                                                                                                                        92     4

                                                                                                                                                                                                               4

                                                                                                                                                                                                               4
                                                                                                                                                                                                                               Sep 10, 2012

                                                                                                                                                                                                                               Sep 10, 2012

                                                                                                                                                                                                                               Sep 10, 2012
                                                                                                                                                                                                                                                     10

                                                                                                                                                                                                                                                     66

                                                                                                                                                                                                                                                     169
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $7,032k             $2,300                3,057          4               Sep 10, 2012          45

                                                                                                                       Reflections At Keppel Bay      $8,700k             $2,806                3,100          4               Sep 10, 2012          313

                                                                                                                       Reflections At Keppel Bay      $9,468k             $2,801                3,380          4               Sep 10, 2012          175
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $10,300k            $2,580                3,993          4               Sep 10, 2012          80
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $10,600k            $2,655                3,993          4               Sep 10, 2012          172

                                                                                                                       Reflections At Keppel Bay      $11,000k            $2,854                3,854          4               Sep 10, 2012          55

                                                                                                                       Reflections At Keppel Bay      $14,888k            $3,067                4,855          4               Sep 10, 2012          13
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $1,520k             $1,788                850            2               Sep 9, 2012           54

                                                                                                                       Reflections At Keppel Bay      $1,700k             $1,735                980            2               Sep 9, 2012           221

                                                                                                                       The Pearl @ Mount Faber        $1,789k             $1,288                1,389          3               Sep 9, 2012           1
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $1,850k             $1,869                990            2               Sep 9, 2012           27

                                                                                                                       Reflections @ Keppel Bay       $1,910k             $1,775                1,076          2               Sep 9, 2012           62
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $1,990k             $1,831                1,087          2               Sep 9, 2012           1

                                                                                                                       Reflections At Keppel Bay      $2,000k             $1,770                1,130          2               Sep 9, 2012           561
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay      $2,000k             $1,705                1,173          2               Sep 9, 2012           275

                                                                                                                       Reflections At Keppel Bay      $2,000k             $1,976                1,012          2               Sep 9, 2012           1

                                                                                                                       Reflections At Keppel Bay      $2,080k             $2,101                990            2               Sep 9, 2012           9

                                                                                                                       Reflections At Keppel Bay      $2,100k             $1,952                1,076          2               Sep 9, 2012           73

                                                                                                                       Reflections At Keppel Bay      $2,200k             $1,858                1,184          3               Sep 9, 2012           170

                                                                                                                       Reflections At Keppel Bay      $2,300k             $2,138                1,076          2               Sep 9, 2012           129

                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,875                1,227          2               Sep 9, 2012           55

                                                                                                                       Reflections At Keppel Bay      $2,306k             $1,800                1,281          3               Sep 9, 2012           34

                                                                                                                       Reflections At Keppel Bay      $2,352k             $2,102                1,119          2               Sep 9, 2012           66

                                                                                                                       Reflections At Keppel Bay      $2,440k             $1,799                1,356          3               Sep 9, 2012           55

                                                                                                                       Reflections At Keppel Bay      $2,475k             $2,300                1,076          2               Sep 9, 2012           1




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              56    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay       $2,600k            $2,301                1,130          2               Sep 9, 2012           1

                                                                                                                       Reflections At Keppel Bay       $2,600k            $2,237                1,162          2               Sep 9, 2012           533

                                                                                                                       Reflections At Keppel Bay       $2,818k            $1,734                1,625          3               Sep 9, 2012           66

                                                                                                                       Reflections At Keppel Bay       $2,880k            $1,897                1,518          3               Sep 9, 2012           241
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay       $2,884k            $1,900                1,518          3               Sep 9, 2012           279

                                                                                                                       Reflections At Keppel Bay       $3,100k            $2,000                1,550          3               Sep 9, 2012           38

                                                                                                                       Reflections At Keppel Bay       $3,168k            $2,133                1,485          3               Sep 9, 2012           6

                                                                                                                       Reflections At Keppel Bay       $3,180k            $2,120                1,500          3               Sep 9, 2012           13

                                                                                                                       Reflections At Keppel Bay       $3,200k            $2,123                1,507          3               Sep 9, 2012           12




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay       $3,342k            $2,300                1,453          3               Sep 9, 2012           298

                                                                                                                       Reflections At Keppel Bay       $3,400k            $2,211                1,538          3               Sep 9, 2012           27




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay       $3,500k            $2,020                1,733          3               Sep 9, 2012           4

                                                                                                                       Reflections At Keppel Bay       $3,520k            $2,194                1,604          3               Sep 9, 2012           256

                                                                                                                       Reflections At Keppel Bay       $3,650k            $1,862                1,960          3               Sep 9, 2012           59




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay       $3,650k            $1,862                1,960          3               Sep 9, 2012           41

                                                                                                                       Reflections At Keppel Bay       $3,650k            $1,862                1,960          3               Sep 9, 2012           70

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                       $3,750k

                                                                                                                                                       $3,800k

                                                                                                                                                       $3,880k
                                                                                                                                                                          $2,402

                                                                                                                                                                          $2,825

                                                                                                                                                                          $1,990
                                                                                                                                                                                                1,561

                                                                                                                                                                                                1,345

                                                                                                                                                                                                1,950
                                                                                                                                                                                                        92     3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Sep 9, 2012

                                                                                                                                                                                                                               Sep 9, 2012

                                                                                                                                                                                                                               Sep 9, 2012
                                                                                                                                                                                                                                                     256

                                                                                                                                                                                                                                                     243

                                                                                                                                                                                                                                                     1
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay       $4,550k            $2,388                1,905          3               Sep 9, 2012           21

                                                                                                                       Reflections At Keppel Bay       $4,600k            $1,788                2,572          4               Sep 9, 2012           184

                                                                                                                       Reflections At Keppel Bay       $4,800k            $2,133                2,250          3               Sep 9, 2012           7
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay       $4,937k            $1,857                2,658          4               Sep 9, 2012           175
                                                                                                                                                           on



                                                                                                                       Reflections At Keppel Bay       $5,268k            $2,395                2,200          3               Sep 9, 2012           61

                                                                                                                       Reflections At Keppel Bay       $5,300k            $2,487                2,131          3               Sep 9, 2012           54

                                                                                                                       Reflections At Keppel Bay       $5,350k            $2,390                2,238          3               Sep 9, 2012           89
                                                                                                                                                         tT




                                                                                                                       Reflections At Keppel Bay       $5,360k            $2,253                2,379          4               Sep 9, 2012           207

                                                                                                                       Reflections At Keppel Bay       $5,450k            $2,400                2,271          3               Sep 9, 2012           262

                                                                                                                       Reflections At Keppel Bay       $5,860k            $2,250                2,605          4               Sep 9, 2012           1
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay       $5,990k            $2,300                2,604          4               Sep 9, 2012           28

                                                                                                                       Reflections At Keppel Bay       $9,000k            $2,903                3,100          4               Sep 9, 2012           77
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay       $10,389k           $2,696                3,854          4               Sep 9, 2012           236

                                                                                                                       Reflections At Keppel Bay       $10,500k           $2,630                3,993          4               Sep 9, 2012           164
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay       $10,800k           $2,705                3,993          4               Sep 9, 2012           200

                                                                                                                       Reflections At Keppel Bay       $11,388k           $2,955                3,854          4               Sep 9, 2012           38

                                                                                                                       REFLECTIONS AT KEPPEL BAY,      $1,700k            $2,024                840            2               Sep 8, 2012           195
                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,      $1,750k            $2,227                786            2               Sep 8, 2012           18
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay       $1,821k            $1,799                1,012          2               Sep 8, 2012           98

                                                                                                                       REFLECTIONS AT KEPPEL BAY,      $1,900k            $1,983                958            2               Sep 8, 2012           195
                                                                                                                       1

                                                                                                                       The Reflections At Keppel Bay   $1,930k            $2,109                915            2               Sep 8, 2012           2

                                                                                                                       Reflections At Keppel Bay       $1,980k            $1,769                1,119          3               Sep 8, 2012           238




                                                                                                                                                            Prepared for on Sep 10, 2012                                                             57    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $2,080k             $2,101                990            2               Sep 8, 2012           138

                                                                                                                       Reflections At Keppel Bay      $2,100k             $1,939                1,083          2               Sep 8, 2012           54

                                                                                                                       Reflections At Keppel Bay      $2,125k             $2,100                1,012          2               Sep 8, 2012           103

                                                                                                                       Reflections At Keppel Bay      $2,128k             $2,150                990            2               Sep 8, 2012           29
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,997                1,152          2               Sep 8, 2012           356

                                                                                                                       Reflections At Keppel Bay      $2,350k             $1,958                1,200          3               Sep 8, 2012           69

                                                                                                                       Reflections At Keppel Bay      $2,410k             $2,284                1,055          2               Sep 8, 2012           70

                                                                                                                       Reflections At Keppel Bay      $2,441k             $1,800                1,356          3               Sep 8, 2012           34

                                                                                                                       Reflections At Keppel Bay      $2,600k             $2,301                1,130          2               Sep 8, 2012           118




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $2,600k             $1,700                1,529          3               Sep 8, 2012           2

                                                                                                                       Reflections At Keppel Bay      $2,780k             $1,831                1,518          3               Sep 8, 2012           2




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $2,800k             $1,983                1,412          3               Sep 8, 2012           2

                                                                                                                       Reflections At Keppel Bay      $3,126k             $2,186                1,430          3               Sep 8, 2012           5

                                                                                                                       Reflections At Keppel Bay      $3,300k             $2,395                1,378          3               Sep 8, 2012           49




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $3,307k             $2,400                1,378          3               Sep 8, 2012           47

                                                                                                                       Reflections At Keppel Bay      $3,600k             $2,077                1,733          3               Sep 8, 2012           5

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $3,648k

                                                                                                                                                      $3,650k

                                                                                                                                                      $3,764k
                                                                                                                                                                          $1,861

                                                                                                                                                                          $1,862

                                                                                                                                                                          $2,200
                                                                                                                                                                                                1,960

                                                                                                                                                                                                1,960

                                                                                                                                                                                                1,711
                                                                                                                                                                                                        92     3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Sep 8, 2012

                                                                                                                                                                                                                               Sep 8, 2012

                                                                                                                                                                                                                               Sep 8, 2012
                                                                                                                                                                                                                                                     37

                                                                                                                                                                                                                                                     2

                                                                                                                                                                                                                                                     118
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,147                1,770          3               Sep 8, 2012           202

                                                                                                                       Reflections At Keppel Bay      $3,950k             $2,207                1,790          3               Sep 8, 2012           39

                                                                                                                       Reflections At Keppel Bay      $4,038k             $2,500                1,615          3               Sep 8, 2012           70
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $4,369k             $2,013                2,170          3               Sep 8, 2012           70
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $4,600k             $1,775                2,592          4               Sep 8, 2012           110

                                                                                                                       Reflections At Keppel Bay      $4,700k             $1,835                2,562          4               Sep 8, 2012           359

                                                                                                                       Reflections At Keppel Bay      $4,880k             $2,070                2,357          4               Sep 8, 2012           69
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $5,000k             $2,640                1,894          3               Sep 8, 2012           25

                                                                                                                       Reflections At Keppel Bay      $5,040k             $2,400                2,100          3               Sep 8, 2012           202

                                                                                                                       Reflections At Keppel Bay      $5,270k             $2,400                2,196          3               Sep 8, 2012           337
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $6,500k             $2,631                2,471          4               Sep 8, 2012           144

                                                                                                                       Reflections At Keppel Bay      $6,900k             $2,258                3,056          4               Sep 8, 2012           39
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $7,082k             $2,813                2,518          4               Sep 8, 2012           2

                                                                                                                       Reflections At Keppel Bay      $8,700k             $2,806                3,100          4               Sep 8, 2012           70
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay      $8,900k             $2,871                3,100          4               Sep 8, 2012           112

                                                                                                                       Reflections At Keppel Bay      $19,980k            $2,422                8,249          5               Sep 8, 2012           39

                                                                                                                       Reflections At Keppel Bay      $1,766k             $2,000                883            2               Sep 7, 2012           299

                                                                                                                       Reflections At Keppel Bay      $1,800k             $1,779                1,012          2               Sep 7, 2012           225

                                                                                                                       Reflections At Keppel Bay      $1,800k             $1,923                936            2               Sep 7, 2012           70

                                                                                                                       Reflections At Keppel Bay      $1,820k             $1,798                1,012          2               Sep 7, 2012           163

                                                                                                                       Reflections At Keppel Bay      $1,820k             $1,798                1,012          2               Sep 7, 2012           147

                                                                                                                       Reflections At Keppel Bay      $1,821k             $1,799                1,012          2               Sep 7, 2012           110

                                                                                                                       Reflections At Keppel Bay      $1,840k             $1,802                1,021          2               Sep 7, 2012           76

                                                                                                                       Reflections At Keppel Bay      $1,900k             $2,088                910            2               Sep 7, 2012           147

                                                                                                                       Reflections At Keppel Bay      $1,902k             $1,700                1,119          2               Sep 7, 2012           277




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              58    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $1,950k             $1,743                1,119          2               Sep 7, 2012           4

                                                                                                                       Reflections At Keppel Bay      $2,000k             $2,020                990            2               Sep 7, 2012           110

                                                                                                                       Reflections At Keppel Bay      $2,100k             $1,952                1,076          2               Sep 7, 2012           67

                                                                                                                       Reflections At Keppel Bay      $2,108k             $2,000                1,054          3               Sep 7, 2012           299
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $2,168k             $2,190                990            2               Sep 7, 2012           70

                                                                                                                       Reflections At Keppel Bay      $2,200k             $2,222                990            2               Sep 7, 2012           85

                                                                                                                       Reflections At Keppel Bay      $2,300k             $2,298                1,001          2               Sep 7, 2012           18

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $2,306k             $1,800                1,281          3               Sep 7, 2012           3

                                                                                                                       Reflections At Keppel Bay      $2,306k             $1,800                1,281          3               Sep 7, 2012           82




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $2,325k             $2,300                1,011          2               Sep 7, 2012           10

                                                                                                                       Reflections At Keppel Bay      $2,327k             $2,119                1,098          2               Sep 7, 2012           59




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $2,450k             $2,149                1,140          3               Sep 7, 2012           209

                                                                                                                       Reflections At Keppel Bay      $2,500k             $2,345                1,066          2               Sep 7, 2012           109

                                                                                                                       Reflections At Keppel Bay      $2,720k             $2,197                1,238          3               Sep 7, 2012           91




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $2,778k             $1,830                1,518          3               Sep 7, 2012           310

                                                                                                                       Reflections At Keppel Bay      $2,790k             $1,800                1,550          3               Sep 7, 2012           96

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       REFLECTIONS AT KEPPEL BAY,
                                                                                                                       1
                                                                                                                                                      $2,818k

                                                                                                                                                      $2,860k
                                                                                                                                                                          $1,734

                                                                                                                                                                          $1,885
                                                                                                                                                                                                1,625

                                                                                                                                                                                                1,517   92     3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Sep 7, 2012

                                                                                                                                                                                                                               Sep 7, 2012
                                                                                                                                                                                                                                                     61

                                                                                                                                                                                                                                                     37
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $2,989k             $2,169                1,378          3               Sep 7, 2012           20

                                                                                                                       Reflections At Keppel Bay      $3,220k             $2,394                1,345          3               Sep 7, 2012           29

                                                                                                                       Reflections At Keppel Bay      $3,255k             $2,100                1,550          3               Sep 7, 2012           10
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $3,410k             $2,200                1,550          3               Sep 7, 2012           91

                                                                                                                       Reflections At Keppel Bay      $3,500k             $2,058                1,701          3               Sep 7, 2012           65
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $3,609k             $2,250                1,604          3               Sep 7, 2012           95

                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,862                1,960          3               Sep 7, 2012           10
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,862                1,960          3               Sep 7, 2012           5

                                                                                                                       Reflections At Keppel Bay      $3,801k             $2,145                1,772          3               Sep 7, 2012           50

                                                                                                                       Reflections At Keppel Bay      $3,820k             $2,221                1,720          3               Sep 7, 2012           37
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $4,170k             $2,600                1,604          3               Sep 7, 2012           41

                                                                                                                       Reflections At Keppel Bay      $4,200k             $2,453                1,712          3               Sep 7, 2012           166
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $4,200k             $2,453                1,712          3               Sep 7, 2012           225

                                                                                                                       Reflections At Keppel Bay      $4,350k             $2,526                1,722          3               Sep 7, 2012           3

                                                                                                                       Reflections At Keppel Bay      $4,500k             $2,613                1,722          3               Sep 7, 2012           17
                                                                                                                           Vi




                                                                                                                       REFLECTIONS AT KEPPEL BAY      $4,756k             $2,727                1,744          3               Sep 7, 2012           11

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $4,880k             $2,070                2,357          4               Sep 7, 2012           91
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $5,300k             $2,499                2,121          3               Sep 7, 2012           261

                                                                                                                       Reflections At Keppel Bay      $5,720k             $2,200                2,600          4               Sep 7, 2012           95

                                                                                                                       Reflections At Keppel Bay      $5,999k             $2,531                2,370          4               Sep 7, 2012           246

                                                                                                                       Reflections At Keppel Bay      $6,096k             $2,438                2,500          4               Sep 7, 2012           107

                                                                                                                       Reflections At Keppel Bay      $7,785k             $1,595                4,880          4               Sep 7, 2012           172

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $8,953k             $2,404                3,724          4               Sep 7, 2012           11

                                                                                                                       Reflections At Keppel Bay      $9,300k             $3,000                3,100          4               Sep 7, 2012           3




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              59    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $10,800k            $2,705                3,993          4               Sep 7, 2012           17

                                                                                                                       The Pearl @ Mount Faber        $1,600k             $1,152                1,389          3               Sep 6, 2012           177

                                                                                                                       Reflections At Keppel Bay      $1,980k             $1,769                1,119          2               Sep 6, 2012           14

                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,360                890            2               Sep 6, 2012           4
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $2,200k             $2,198                1,001          2               Sep 6, 2012           14

                                                                                                                       Reflections At Keppel Bay      $2,250k             $2,091                1,076          2               Sep 6, 2012           26

                                                                                                                       Reflections At Keppel Bay      $2,733k             $1,682                1,625          3               Sep 6, 2012           33

                                                                                                                       Reflections At Keppel Bay      $2,756k             $2,000                1,378          2               Sep 6, 2012           31

                                                                                                                       Reflections At Keppel Bay      $2,834k             $1,841                1,539          3               Sep 6, 2012           33




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $2,898k             $2,010                1,442          3               Sep 6, 2012           33

                                                                                                                       Reflections At Keppel Bay      $2,900k             $2,566                1,130          2               Sep 6, 2012           279




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $2,950k             $2,193                1,345          3               Sep 6, 2012           4

                                                                                                                       Reflections At Keppel Bay      $3,000k             $1,935                1,550          3               Sep 6, 2012           14

                                                                                                                       Reflections At Keppel Bay      $3,200k             $2,360                1,356          3               Sep 6, 2012           79




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $3,300k             $2,324                1,420          3               Sep 6, 2012           11

                                                                                                                       Reflections At Keppel Bay      $3,340k             $2,155                1,550          3               Sep 6, 2012           4

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $3,402k

                                                                                                                                                      $3,680k

                                                                                                                                                      $4,100k
                                                                                                                                                                          $2,000

                                                                                                                                                                          $2,692

                                                                                                                                                                          $2,215
                                                                                                                                                                                                1,701

                                                                                                                                                                                                1,367

                                                                                                                                                                                                1,851
                                                                                                                                                                                                        92     3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Sep 6, 2012

                                                                                                                                                                                                                               Sep 6, 2012

                                                                                                                                                                                                                               Sep 6, 2012
                                                                                                                                                                                                                                                     4

                                                                                                                                                                                                                                                     113

                                                                                                                                                                                                                                                     114
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $4,500k             $2,625                1,714          3               Sep 6, 2012           60

                                                                                                                       Reflections At Keppel Bay      $4,790k             $1,801                2,659          4               Sep 6, 2012           33

                                                                                                                       Reflections At Keppel Bay      $5,300k             $2,401                2,207          3               Sep 6, 2012           33
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $5,699k             $2,253                2,529          4               Sep 6, 2012           33
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $9,971k             $2,950                3,380          4               Sep 6, 2012           30

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     1,625          3               Sep 6, 2012           4

                                                                                                                       The Pearl @ Mount Faber        $1,400k             $1,016                1,378          2               Sep 5, 2012           5
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $1,800k             $2,091                861            2               Sep 5, 2012           112

                                                                                                                       Reflections At Keppel Bay      $1,800k             $1,706                1,055          2               Sep 5, 2012           34

                                                                                                                       Reflections At Keppel Bay      $1,880k             $1,858                1,012          2               Sep 5, 2012           31
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $1,880k             $2,392                786            2               Sep 5, 2012           216

                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,877                1,012          2               Sep 5, 2012           204
                                                                                                                                  nc




                                                                                                                       REFLECTIONS AT KEPPEL BAY      $1,900k             $1,169                1,625          3               Sep 5, 2012           15

                                                                                                                       Reflections At Keppel Bay      $2,080k             $2,101                990            2               Sep 5, 2012           35
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay      $2,310k             $2,044                1,130          2               Sep 5, 2012           32

                                                                                                                       Reflections At Keppel Bay      $2,750k             $1,812                1,518          3               Sep 5, 2012           216

                                                                                                                       Reflections At Keppel Bay      $2,882k             $1,900                1,517          3               Sep 5, 2012           216

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,150                1,442          3               Sep 5, 2012           202

                                                                                                                       Reflections At Keppel Bay      $3,280k             $2,475                1,325          3               Sep 5, 2012           5

                                                                                                                       Reflections At Keppel Bay      $3,572k             $2,100                1,701          3               Sep 5, 2012           216

                                                                                                                       Reflections At Keppel Bay      $3,600k             $1,837                1,960          3               Sep 5, 2012           5

                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,338                1,711          3               Sep 5, 2012           31

                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,367                1,690          3               Sep 5, 2012           134

                                                                                                                       Reflections At Keppel Bay      $4,096k             $2,150                1,905          3               Sep 5, 2012           189

                                                                                                                       Reflections At Keppel Bay      $4,100k             $2,282                1,797          3               Sep 5, 2012           39




                                                                                                                                                             Prepared for on Sep 10, 2012                                                            60    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $4,500k             $2,630                1,711          3               Sep 5, 2012           204

                                                                                                                       Reflections At Keppel Bay      $5,200k             $2,440                2,131          3               Sep 5, 2012           5

                                                                                                                       Reflections At Keppel Bay      $5,230k             $2,000                2,615          4               Sep 5, 2012           216

                                                                                                                       Reflections At Keppel Bay      $5,268k             $2,399                2,196          3               Sep 5, 2012           31
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $5,300k             $2,448                2,165          3               Sep 5, 2012           31

                                                                                                                       Reflections At Keppel Bay      $5,500k             $2,292                2,400          4               Sep 5, 2012           59

                                                                                                                       Reflections At Keppel Bay      $5,850k             $2,691                2,174          3               Sep 5, 2012           86

                                                                                                                       Reflections At Keppel Bay      $6,968k             $2,280                3,056          4               Sep 5, 2012           189

                                                                                                                       Reflections At Keppel Bay      $10,000k            $2,317                4,315          5               Sep 5, 2012           31




                                                                                                                                                                                                                       31
                                                                                                                       REFLECTIONS AT KEPPEL BAY      $10,500k            $2,630                3,993          4               Sep 5, 2012           5

                                                                                                                       Reflections At Keppel Bay      $11,500k            $2,880                3,993          4               Sep 5, 2012           5




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $11,550k            $3,000                3,850          4               Sep 5, 2012           214

                                                                                                                       Reflections At Keppel Bay      $20,000k            $2,423                8,253          5               Sep 5, 2012           180

                                                                                                                       Reflections At Keppel Bay      $2,250k             $2,273                990            2               Sep 4, 2012           133




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $2,972k             $1,905                1,560          3               Sep 4, 2012           230

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,072                1,496          3               Sep 4, 2012           116

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $3,100k

                                                                                                                                                      $3,300k

                                                                                                                                                      $3,307k
                                                                                                                                                                          $2,000

                                                                                                                                                                          $1,793

                                                                                                                                                                          $2,400
                                                                                                                                                                                                1,550

                                                                                                                                                                                                1,841

                                                                                                                                                                                                1,378
                                                                                                                                                                                                        92     3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Sep 4, 2012

                                                                                                                                                                                                                               Sep 4, 2012

                                                                                                                                                                                                                               Sep 4, 2012
                                                                                                                                                                                                                                                     26

                                                                                                                                                                                                                                                     6

                                                                                                                                                                                                                                                     6
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $3,310k             $2,402                1,378          2               Sep 4, 2012           48

                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,862                1,960          3               Sep 4, 2012           25

                                                                                                                       Reflections At Keppel Bay      $4,037k             $2,300                1,755          3               Sep 4, 2012           162
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $4,200k             $2,485                1,690          3               Sep 4, 2012           26
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $5,400k             $2,459                2,196          4               Sep 4, 2012           248

                                                                                                                       Reflections At Keppel Bay      $1,607k             $1,800                893            2               Sep 3, 2012           35

                                                                                                                       Reflections At Keppel Bay      $1,800k             $1,837                980            2               Sep 3, 2012           86
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $1,830k             $1,667                1,098          2               Sep 3, 2012           61

                                                                                                                       Reflections At Keppel Bay      $1,830k             $1,635                1,119          2               Sep 3, 2012           24

                                                                                                                       Reflections At Keppel Bay      $1,880k             $1,899                990            2               Sep 3, 2012           35
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,801                1,055          3               Sep 3, 2012           18

                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,098                1,001          2               Sep 3, 2012           168
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,121                990            2               Sep 3, 2012           34

                                                                                                                       Reflections At Keppel Bay      $2,138k             $2,160                990            2               Sep 3, 2012           112
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay      $2,160k             $2,158                1,001          2               Sep 3, 2012           7

                                                                                                                       Reflections At Keppel Bay      $2,300k             $2,055                1,119          2               Sep 3, 2012           7

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $2,305k             $1,799                1,281          3               Sep 3, 2012           7

                                                                                                                       Reflections At Keppel Bay      $2,306k             $1,800                1,281          3               Sep 3, 2012           112

                                                                                                                       Reflections At Keppel Bay      $2,306k             $2,100                1,098          3               Sep 3, 2012           171

                                                                                                                       Reflections At Keppel Bay      $2,565k             $2,250                1,140          2               Sep 3, 2012           171

                                                                                                                       Reflections At Keppel Bay      $3,126k             $2,200                1,421          3               Sep 3, 2012           35

                                                                                                                       Reflections At Keppel Bay      $3,264k             $2,150                1,518          3               Sep 3, 2012           157

                                                                                                                       Reflections At Keppel Bay      $3,593k             $2,100                1,711          3               Sep 3, 2012           24

                                                                                                                       Reflections At Keppel Bay      $3,650k             $2,147                1,700          3               Sep 3, 2012           108

                                                                                                                       Reflections At Keppel Bay      $3,950k             $2,185                1,808          3               Sep 3, 2012           171




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              61    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                 Powered by StreetSine                                  Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $4,277k             $2,148                 1,991         3               Sep 3, 2012           175

                                                                                                                       Reflections At Keppel Bay      $4,400k             $2,743                 1,604         4               Sep 3, 2012           7

                                                                                                                       Reflections At Keppel Bay      $4,580k             $2,855                 1,604         3               Sep 3, 2012           9

                                                                                                                       Reflections At Keppel Bay      $5,070k             $1,950                 2,600         4               Sep 3, 2012           108
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $5,400k             $2,400                 2,250         3               Sep 3, 2012           108

                                                                                                                       Reflections At Keppel Bay      $5,753k             $2,200                 2,615         4               Sep 3, 2012           65

                                                                                                                       Reflections At Keppel Bay      $6,000k             $2,275                 2,637         4               Sep 3, 2012           34

                                                                                                                       Reflections At Keppel Bay      $7,117k             $2,328                 3,057         4               Sep 3, 2012           175

                                                                                                                       Reflections At Keppel Bay      $21,000k            $2,544                 8,255         5               Sep 3, 2012           166




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $25,000k            $3,028                 8,255         4               Sep 3, 2012           166

                                                                                                                       The Pearl @ Mount Faber        $1,400k             $1,049                 1,335         2               Sep 2, 2012           8




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $1,800k             $1,837                 980           2               Sep 2, 2012           168

                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,121                 990           2               Sep 2, 2012           71

                                                                                                                       Reflections At Keppel Bay      $2,210k             $1,801                 1,227         2               Sep 2, 2012           31




                                                                                                                                                                                                                   37
                                                                                                                       The Pearl @ Mt Faber           $2,300k             $999                   2,302         3               Sep 2, 2012           221

                                                                                                                       Reflections At Keppel Bay      $2,480k             $1,787                 1,388         3               Sep 2, 2012           350

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $2,890k

                                                                                                                                                      $3,390k

                                                                                                                                                      $3,550k
                                                                                                                                                                          $2,256

                                                                                                                                                                          $2,203

                                                                                                                                                                          $2,597
                                                                                                                                                                                                 1,281

                                                                                                                                                                                                 1,539

                                                                                                                                                                                                 1,367
                                                                                                                                                                                                         92    3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Sep 2, 2012

                                                                                                                                                                                                                               Sep 2, 2012

                                                                                                                                                                                                                               Sep 2, 2012
                                                                                                                                                                                                                                                     31

                                                                                                                                                                                                                                                     138

                                                                                                                                                                                                                                                     38
                                                                                                                                                                                           @
                                                                                                                       Reflections At Keppel Bay      $3,960k             $2,300                 1,722         3               Sep 2, 2012           38

                                                                                                                       Reflections At Keppel Bay      $4,800k             $1,898                 2,529         4               Sep 2, 2012           357

                                                                                                                       Reflections At Keppel Bay      $4,980k             $2,385                 2,088         3               Sep 2, 2012           8
                                                                                                                                                                                 g


                                                                                                                       Reflections At Keppel Bay      $4,980k             $2,911                 1,711         3               Sep 2, 2012           35
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $4,982k             $2,555                 1,950         3               Sep 2, 2012           8

                                                                                                                       Reflections At Keppel Bay      $5,180k             $2,383                 2,174         3               Sep 2, 2012           8

                                                                                                                       Reflections At Keppel Bay      $5,600k             $2,782                 2,013         3               Sep 2, 2012           58
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $6,000k             $2,400                 2,500         4               Sep 2, 2012           58

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                      904           2               Sep 2, 2012           110

                                                                                                                       Reflections At Keppel Bay      $1,690k             $1,963                 861           2               Sep 1, 2012           59
                                                                                                                                              en




                                                                                                                       The Pearl @ Mount Faber        $1,800k             $1,296                 1,388         3               Sep 1, 2012           356

                                                                                                                       Reflections At Keppel Bay      $1,980k             $2,000                 990           2               Sep 1, 2012           185
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $2,001k             $1,860                 1,076         2               Sep 1, 2012           124

                                                                                                                       Reflections At Keppel Bay      $2,080k             $2,101                 990           2               Sep 1, 2012           118
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay      $2,100k             $1,877                 1,119         2               Sep 1, 2012           135

                                                                                                                       Reflections At Keppel Bay      $2,130k             $2,152                 990           2               Sep 1, 2012           228

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $2,519k             $1,550                 1,625         3               Sep 1, 2012           23

                                                                                                                       Reflections At Keppel Bay      $3,300k             $2,222                 1,485         3               Sep 1, 2012           9

                                                                                                                       Reflections At Keppel Bay      $3,300k             $2,395                 1,378         3               Sep 1, 2012           45

                                                                                                                       Reflections At Keppel Bay      $3,649k             $1,863                 1,959         3               Sep 1, 2012           9

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $3,650k             $1,862                 1,960         -               Sep 1, 2012           9

                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,863                 1,959         3               Sep 1, 2012           18

                                                                                                                       Reflections At Keppel Bay      $3,700k             $2,291                 1,615         3               Sep 1, 2012           88

                                                                                                                       Reflections At Keppel Bay      $3,800k             $1,915                 1,984         3               Sep 1, 2012           9

                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,222                 1,800         3               Sep 1, 2012           51




                                                                                                                                                             Prepared for on Sep 10, 2012                                                            62    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $4,090k             $2,550                1,604          3               Sep 1, 2012           284

                                                                                                                       Reflections At Keppel Bay      $4,150k             $2,587                1,604          3               Sep 1, 2012           230

                                                                                                                       Reflections At Keppel Bay      $4,300k             $2,512                1,712          3               Sep 1, 2012           9

                                                                                                                       Reflections At Keppel Bay      $4,680k             $2,751                1,701          3               Sep 1, 2012           67
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $4,888k             $2,671                1,830          3               Sep 1, 2012           21

                                                                                                                       Reflections At Keppel Bay      $5,000k             $2,265                2,207          3               Sep 1, 2012           91

                                                                                                                       Reflections At Keppel Bay      $5,990k             $2,299                2,605          3               Sep 1, 2012           220

                                                                                                                       Reflections At Keppel Bay      $6,500k             $2,500                2,600          4               Sep 1, 2012           36

                                                                                                                       Reflections At Keppel Bay      $8,000k             $2,617                3,057          4               Sep 1, 2012           219




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $8,500k             $1,969                4,316          5               Sep 1, 2012           84

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              4               Sep 1, 2012           9




                                                                                                                                                                                                                     99
                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              4               Sep 1, 2012           9

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     1,625          3               Sep 1, 2012           9

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              -               Sep 1, 2012           9




                                                                                                                                                                                                                   37
                                                                                                                       THE PEARL @ MOUNT FABER        $1,652k             $1,190                1,388          -               Aug 31, 2012          10

                                                                                                                       Reflections At Keppel Bay      $1,670k             $1,650                1,012          2               Aug 31, 2012          106

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       REFLECTIONS AT KEPPEL BAY

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $1,900k

                                                                                                                                                      $1,923k

                                                                                                                                                      $1,976k
                                                                                                                                                                          $2,006

                                                                                                                                                                          $1,900

                                                                                                                                                                          $1,749
                                                                                                                                                                                                947

                                                                                                                                                                                                1,012

                                                                                                                                                                                                1,130
                                                                                                                                                                                                        92     2

                                                                                                                                                                                                               2

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Aug 31, 2012

                                                                                                                                                                                                                               Aug 31, 2012

                                                                                                                                                                                                                               Aug 31, 2012
                                                                                                                                                                                                                                                     17

                                                                                                                                                                                                                                                     10

                                                                                                                                                                                                                                                     186
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $1,980k             $2,000                990            2               Aug 31, 2012          16

                                                                                                                       Reflections At Keppel Bay      $2,000k             $2,020                990            2               Aug 31, 2012          54

                                                                                                                       Reflections At Keppel Bay      $2,000k             $1,566                1,277          2               Aug 31, 2012          11
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $2,138k             $2,160                990            2               Aug 31, 2012          17
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $2,150k             $2,172                990            2               Aug 31, 2012          26

                                                                                                                       Reflections At Keppel Bay      $2,200k             $2,222                990            2               Aug 31, 2012          207

                                                                                                                       Reflections At Keppel Bay      $2,250k             $1,699                1,324          3               Aug 31, 2012          108
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $2,267k             $1,915                1,184          3               Aug 31, 2012          17

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $2,350k             $2,100                1,119          2               Aug 31, 2012          10

                                                                                                                       The Pearl @ Mount Faber        $2,400k             $1,023                2,346          3               Aug 31, 2012          10
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $2,500k             $2,277                1,098          3               Aug 31, 2012          90

                                                                                                                       Reflections At Keppel Bay      $2,732k             $1,800                1,518          3               Aug 31, 2012          186
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $3,230k             $2,400                1,346          3               Aug 31, 2012          41

                                                                                                                       Reflections At Keppel Bay      $3,307k             $2,400                1,378          3               Aug 31, 2012          18
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $3,333k             $2,150                1,550          2               Aug 31, 2012          174

                                                                                                                       Reflections At Keppel Bay      $3,400k             $2,194                1,550          3               Aug 31, 2012          108

                                                                                                                       Reflections At Keppel Bay      $3,520k             $2,200                1,600          3               Aug 31, 2012          10

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,600k             $2,077                1,733          3               Aug 31, 2012          92
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,862                1,960          3               Aug 31, 2012          67

                                                                                                                       Reflections At Keppel Bay      $3,780k             $2,700                1,400          2               Aug 31, 2012          168

                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,562                1,561          3               Aug 31, 2012          15

                                                                                                                       Reflections At Keppel Bay      $4,125k             $2,178                1,894          3               Aug 31, 2012          38

                                                                                                                       Reflections At Keppel Bay      $4,200k             $2,620                1,603          3               Aug 31, 2012          274

                                                                                                                       Reflections At Keppel Bay      $4,400k             $2,033                2,164          3               Aug 31, 2012          17




                                                                                                                                                             Prepared for on Sep 10, 2012                                                            63    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $4,500k             $1,693                2,658          4               Aug 31, 2012          17

                                                                                                                       Reflections At Keppel Bay      $4,556k             $1,771                2,573          4               Aug 31, 2012          154

                                                                                                                       Reflections At Keppel Bay      $4,750k             $1,900                2,500          4               Aug 31, 2012          108

                                                                                                                       Reflections At Keppel Bay      $5,270k             $2,400                2,196          3               Aug 31, 2012          182
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $5,880k             $2,800                2,100          3               Aug 31, 2012          168

                                                                                                                       Reflections At Keppel Bay      $6,000k             $2,681                2,238          3               Aug 31, 2012          10

                                                                                                                       Reflections At Keppel Bay      $6,000k             $2,285                2,626          4               Aug 31, 2012          30

                                                                                                                       Reflections At Keppel Bay      $6,249k             $2,400                2,604          4               Aug 31, 2012          201

                                                                                                                       Reflections At Keppel Bay      $6,380k             $2,900                2,200          3               Aug 31, 2012          168




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $8,000k             $2,617                3,057          4               Aug 31, 2012          10

                                                                                                                       Reflections At Keppel Bay      $8,500k             $2,742                3,100          4               Aug 31, 2012          106




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $10,500k            $2,630                3,993          4               Aug 31, 2012          10

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $11,500k            $2,949                3,900          4               Aug 31, 2012          10
                                                                                                                       1




                                                                                                                                                                                                                   37
                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              -               Aug 31, 2012          10

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              -               Aug 31, 2012          10

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $1,750k

                                                                                                                                                      $1,880k

                                                                                                                                                      $2,120k
                                                                                                                                                                          $1,729

                                                                                                                                                                          $1,918

                                                                                                                                                                          $1,697
                                                                                                                                                                                                1,012

                                                                                                                                                                                                980

                                                                                                                                                                                                1,249
                                                                                                                                                                                                        92     2

                                                                                                                                                                                                               2

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Aug 30, 2012

                                                                                                                                                                                                                               Aug 30, 2012

                                                                                                                                                                                                                               Aug 30, 2012
                                                                                                                                                                                                                                                     160

                                                                                                                                                                                                                                                     68

                                                                                                                                                                                                                                                     189
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $2,180k             $2,026                1,076          2               Aug 30, 2012          52

                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,795                1,281          3               Aug 30, 2012          168

                                                                                                                       Reflections At Keppel Bay      $2,630k             $2,305                1,141          2               Aug 30, 2012          550
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $3,051k             $2,025                1,507          3               Aug 30, 2012          550

                                                                                                                       Reflections At Keppel Bay      $3,077k             $2,199                1,399          2               Aug 30, 2012          42
                                                                                                                                                          on



                                                                                                                       REFLECTIONS AT KEPPEL BAY      $3,077k             $2,199                1,399          2               Aug 30, 2012          67

                                                                                                                       Reflections At Keppel Bay      $3,097k             $2,230                1,388          3               Aug 30, 2012          550
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,250                1,378          3               Aug 30, 2012          420

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,000                1,550          3               Aug 30, 2012          749

                                                                                                                       Reflections At Keppel Bay      $3,400k             $2,526                1,346          2               Aug 30, 2012          19
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $3,568k             $2,350                1,518          3               Aug 30, 2012          90

                                                                                                                       Reflections At Keppel Bay      $4,032k             $2,514                1,604          3               Aug 30, 2012          550
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $4,328k             $2,351                1,841          3               Aug 30, 2012          90

                                                                                                                       Reflections At Keppel Bay      $4,597k             $2,686                1,711          3               Aug 30, 2012          550

                                                                                                                       Reflections At Keppel Bay      $4,800k             $2,822                1,701          3               Aug 30, 2012          11
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $4,900k             $1,937                2,529          3               Aug 30, 2012          809

                                                                                                                       Reflections At Keppel Bay      $6,111k             $2,592                2,357          4               Aug 30, 2012          550

                                                                                                                       Reflections At Keppel Bay      $1,923k             $1,900                1,012          2               Aug 29, 2012          249

                                                                                                                       Reflections At Keppel Bay      $2,000k             $2,020                990            2               Aug 29, 2012          148

                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,381                882            2               Aug 29, 2012          78

                                                                                                                       Reflections At Keppel Bay      $2,125k             $2,100                1,012          2               Aug 29, 2012          40

                                                                                                                       Reflections At Keppel Bay      $2,128k             $2,150                990            2               Aug 29, 2012          19

                                                                                                                       Reflections At Keppel Bay      $2,310k             $1,803                1,281          3               Aug 29, 2012          54

                                                                                                                       Reflections At Keppel Bay      $2,500k             $1,859                1,345          3               Aug 29, 2012          71

                                                                                                                       Reflections At Keppel Bay      $2,600k             $2,490                1,044          3               Aug 29, 2012          12




                                                                                                                                                             Prepared for on Sep 10, 2012                                                            64    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $3,390k             $2,128                1,593          3               Aug 29, 2012          13

                                                                                                                       Reflections At Keppel Bay      $3,764k             $2,200                1,711          3               Aug 29, 2012          40

                                                                                                                       Reflections At Keppel Bay      $4,300k             $2,497                1,722          3               Aug 29, 2012          12

                                                                                                                       Reflections At Keppel Bay      $4,300k             $2,497                1,722          3               Aug 29, 2012          13
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $5,196k             $2,450                2,121          3               Aug 29, 2012          327

                                                                                                                       Reflections At Keppel Bay      $5,500k             $2,334                2,357          4               Aug 29, 2012          68

                                                                                                                       Reflections At Keppel Bay      $5,500k             $2,292                2,400          4               Aug 29, 2012          28

                                                                                                                       Reflections At Keppel Bay      $9,600k             $3,129                3,068          4               Aug 29, 2012          12

                                                                                                                       Reflections At Keppel Bay      $1,700k             $1,889                900            2               Aug 28, 2012          13




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $1,720k             $1,700                1,012          2               Aug 28, 2012          112

                                                                                                                       Reflections At Keppel Bay      $1,820k             $1,798                1,012          2               Aug 28, 2012          68




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $1,894k             $2,200                861            2               Aug 28, 2012          46

                                                                                                                       Reflections At Keppel Bay      $2,097k             $2,214                947            2               Aug 28, 2012          109

                                                                                                                       Reflections At Keppel Bay      $2,120k             $2,095                1,012          2               Aug 28, 2012          223




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $2,180k             $2,026                1,076          2               Aug 28, 2012          56

                                                                                                                       Reflections At Keppel Bay      $2,209k             $1,770                1,248          2               Aug 28, 2012          124

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $2,300k

                                                                                                                                                      $2,350k

                                                                                                                                                      $2,400k
                                                                                                                                                                          $1,795

                                                                                                                                                                          $1,808

                                                                                                                                                                          $2,145
                                                                                                                                                                                                1,281

                                                                                                                                                                                                1,300

                                                                                                                                                                                                1,119
                                                                                                                                                                                                        92     3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Aug 28, 2012

                                                                                                                                                                                                                               Aug 28, 2012

                                                                                                                                                                                                                               Aug 28, 2012
                                                                                                                                                                                                                                                     13

                                                                                                                                                                                                                                                     74

                                                                                                                                                                                                                                                     172
                                                                                                                                                                                          @
                                                                                                                       The Pearl @ Mount Faber        $2,450k             $1,044                2,346          3               Aug 28, 2012          472

                                                                                                                       Reflections At Keppel Bay      $2,499k             $1,542                1,621          3               Aug 28, 2012          19

                                                                                                                       Reflections At Keppel Bay      $2,590k             $1,693                1,530          3               Aug 28, 2012          23
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $2,889k             $2,064                1,400          3               Aug 28, 2012          74
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $2,972k             $1,905                1,560          3               Aug 28, 2012          137

                                                                                                                       Reflections At Keppel Bay      $3,080k             $2,001                1,539          3               Aug 28, 2012          74

                                                                                                                       Reflections At Keppel Bay      $3,150k             $2,032                1,550          3               Aug 28, 2012          56
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $3,350k             $2,255                1,485          3               Aug 28, 2012          356

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $3,600k             $2,244                1,604          3               Aug 28, 2012          205

                                                                                                                       Reflections At Keppel Bay      $3,700k             $1,850                2,000          3               Aug 28, 2012          74
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,209                1,720          3               Aug 28, 2012          74

                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,434                1,561          3               Aug 28, 2012          181
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,338                1,711          3               Aug 28, 2012          65

                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,564                1,560          3               Aug 28, 2012          49
                                                                                                                        Vi




                                                                                                                       Reflections At Keppel Bay      $4,500k             $2,663                1,690          3               Aug 28, 2012          198

                                                                                                                       Reflections At Keppel Bay      $5,800k             $2,293                2,530          4               Aug 28, 2012          55

                                                                                                                       Reflections At Keppel Bay      $6,348k             $2,500                2,539          4               Aug 28, 2012          46

                                                                                                                       Reflections At Keppel Bay      $8,000k             $3,540                2,260          4               Aug 28, 2012          19

                                                                                                                       Reflections At Keppel Bay      $8,313k             $3,496                2,378          4               Aug 28, 2012          236

                                                                                                                       Reflections At Keppel Bay      $8,700k             $2,806                3,100          4               Aug 28, 2012          74

                                                                                                                       Reflections At Keppel Bay      $10,600k            $2,655                3,993          4               Aug 28, 2012          74

                                                                                                                       Reflections At Keppel Bay      $20,000k            $2,422                8,255          5               Aug 28, 2012          169

                                                                                                                       The Pearl @ Mount Faber        $1,300k             $1,206                1,078          2               Aug 27, 2012          14

                                                                                                                       The Pearl @ Mount Faber        $1,730k             $1,266                1,367          3               Aug 27, 2012          14

                                                                                                                       The Pearl @ Mount Faber        $1,780k             $1,282                1,389          3               Aug 27, 2012          21




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              65    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,877                1,012          2               Aug 27, 2012          84

                                                                                                                       Reflections At Keppel Bay      $2,200k             $1,857                1,185          3               Aug 27, 2012          14

                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,795                1,281          3               Aug 27, 2012          61

                                                                                                                       The Pearl @ Mount Faber        $2,350k             $1,022                2,300          3               Aug 27, 2012          14
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $2,400k             $2,186                1,098          3               Aug 27, 2012          530

                                                                                                                       Reflections At Keppel Bay      $2,559k             $1,651                1,550          3               Aug 27, 2012          63

                                                                                                                       Reflections At Keppel Bay      $3,000k             $2,177                1,378          3               Aug 27, 2012          14

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,350k             $2,146                1,561          3               Aug 27, 2012          59
                                                                                                                       1




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $3,600k             $2,100                1,714          3               Aug 27, 2012          84

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,650k             $1,862                1,960          3               Aug 27, 2012          25
                                                                                                                       33




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $3,680k             $2,357                1,561          3               Aug 27, 2012          153

                                                                                                                       Reflections At Keppel Bay      $3,700k             $2,370                1,561          3               Aug 27, 2012          181




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $3,733k             $2,182                1,711          3               Aug 27, 2012          70

                                                                                                                       Reflections At Keppel Bay      $4,500k             $3,294                1,366          3               Aug 27, 2012          171

                                                                                                                       Reflections At Keppel Bay      $5,050k             $2,300                2,196          3               Aug 27, 2012          646

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $5,860k

                                                                                                                                                      $6,400k
                                                                                                                                                                          $2,254

                                                                                                                                                                          $3,033
                                                                                                                                                                                                2,600

                                                                                                                                                                                                2,110
                                                                                                                                                                                                        92     4

                                                                                                                                                                                                               4
                                                                                                                                                                                                                               Aug 27, 2012

                                                                                                                                                                                                                               Aug 27, 2012
                                                                                                                                                                                                                                                     14

                                                                                                                                                                                                                                                     14

                                                                                                                       Reflections At Keppel Bay      $6,850k             $3,281                2,088          3               Aug 27, 2012          170
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $7,200k             $3,312                2,174          3               Aug 27, 2012          169

                                                                                                                       Reflections At Keppel Bay      $8,900k             $2,871                3,100          4               Aug 27, 2012          161

                                                                                                                       Reflections At Keppel Bay      $8,925k             $3,026                2,949          4               Aug 27, 2012          14
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $11,008k            $3,314                3,322          4               Aug 27, 2012          14
                                                                                                                                                          on



                                                                                                                       The Pearl @ Mount Faber        $1,580k             $1,138                1,389          3               Aug 26, 2012          15

                                                                                                                       Reflections At Keppel Bay      $1,600k             $1,930                829            2               Aug 26, 2012          173
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $2,081k             $2,102                990            2               Aug 26, 2012          45

                                                                                                                       Reflections At Keppel Bay      $2,150k             $2,038                1,055          2               Aug 26, 2012          15

                                                                                                                       Reflections At Keppel Bay      $2,324k             $2,250                1,033          2               Aug 26, 2012          15
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $3,500k             $2,274                1,539          3               Aug 26, 2012          41

                                                                                                                       Reflections At Keppel Bay      $7,000k             $2,779                2,519          4               Aug 26, 2012          97
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $7,500k             $3,153                2,379          4               Aug 26, 2012          199

                                                                                                                       Reflections At Keppel Bay      $1,690k             $2,012                840            2               Aug 25, 2012          16

                                                                                                                       Reflections At Keppel Bay      $1,775k             $2,200                807            2               Aug 25, 2012          45
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,939                980            2               Aug 25, 2012          16

                                                                                                                       Reflections At Keppel Bay      $2,748k             $1,691                1,625          3               Aug 25, 2012          16

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $2,944k             $1,600                1,840          3               Aug 25, 2012          16

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,250                1,378          2               Aug 25, 2012          259

                                                                                                                       Reflections At Keppel Bay      $3,260k             $2,296                1,420          3               Aug 25, 2012          68

                                                                                                                       Reflections At Keppel Bay      $3,500k             $2,244                1,560          3               Aug 25, 2012          16

                                                                                                                       REFLECTIONS AT KEPPEL BAY      $4,300k             $2,497                1,722          3               Aug 25, 2012          23

                                                                                                                       Reflections At Keppel Bay      $4,620k             $1,798                2,570          4               Aug 25, 2012          161

                                                                                                                       Reflections At Keppel Bay      $4,750k             $2,013                2,360          4               Aug 25, 2012          172

                                                                                                                       Reflections At Keppel Bay      $4,970k             $1,900                2,615          4               Aug 25, 2012          357




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              66    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $5,380k             $2,450                2,196          4               Aug 25, 2012          16

                                                                                                                       Reflections At Keppel Bay      $11,500k            $2,421                4,750          4               Aug 25, 2012          149

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              4               Aug 25, 2012          16

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     1,539          3               Aug 25, 2012          16
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              4               Aug 25, 2012          16

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     775            3               Aug 25, 2012          32

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     1,356          3               Aug 25, 2012          23

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     1,044          2               Aug 25, 2012          22

                                                                                                                       Reflections At Keppel Bay      $1,780k             $2,067                861            2               Aug 24, 2012          108




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $1,800k             $1,837                980            2               Aug 24, 2012          17

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $1,800k             $1,923                936            2               Aug 24, 2012          17




                                                                                                                                                                                                                     99
                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $1,800k             $1,779                1,012          2               Aug 24, 2012          17
                                                                                                                       1




                                                                                                                                                                                                                   37
                                                                                                                       REFLECTIONS AT KEPPEL BAY      $1,950k             $1,812                1,076          2               Aug 24, 2012          424

                                                                                                                       Reflections At Keppel Bay      $2,010k             $1,868                1,076          2               Aug 24, 2012          40

                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,352                893            2               Aug 24, 2012          42

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $2,110k

                                                                                                                                                      $2,250k
                                                                                                                                                                          $2,091

                                                                                                                                                                          $1,918
                                                                                                                                                                                                1,009

                                                                                                                                                                                                1,173
                                                                                                                                                                                                        92     2

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Aug 24, 2012

                                                                                                                                                                                                                               Aug 24, 2012
                                                                                                                                                                                                                                                     221

                                                                                                                                                                                                                                                     221

                                                                                                                       Reflections At Keppel Bay      $2,266k             $1,800                1,259          3               Aug 24, 2012          17
                                                                                                                                                                                          @
                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,300k             $2,298                1,001          2               Aug 24, 2012          17
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,795                1,281          3               Aug 24, 2012          63
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $2,306k             $1,800                1,281          3               Aug 24, 2012          101
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $2,441k             $1,800                1,356          3               Aug 24, 2012          19

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,500k             $2,345                1,066          2               Aug 24, 2012          17
                                                                                                                       1
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $2,500k             $2,212                1,130          2               Aug 24, 2012          328

                                                                                                                       Reflections At Keppel Bay      $2,600k             $2,301                1,130          2               Aug 24, 2012          343
                                                                                                                                              en




                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,700k             $1,662                1,625          3               Aug 24, 2012          84
                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,723k             $2,200                1,238          3               Aug 24, 2012          17
                                                                                                                                  nc




                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,250k             $1,899                1,711          3               Aug 24, 2012          17
                                                                                                                       1
                                                                                                                           Vi




                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,410k             $2,200                1,550          3               Aug 24, 2012          17
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $3,500k             $2,182                1,604          3               Aug 24, 2012          17

                                                                                                                       Reflections At Keppel Bay      $3,500k             $2,182                1,604          3               Aug 24, 2012          52

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,609k             $2,250                1,604          3               Aug 24, 2012          17
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $3,800k             $1,959                1,940          3               Aug 24, 2012          71

                                                                                                                       Reflections At Keppel Bay      $3,950k             $2,309                1,711          3               Aug 24, 2012          29

                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,367                1,690          3               Aug 24, 2012          42

                                                                                                                       Reflections At Keppel Bay      $4,106k             $2,168                1,894          3               Aug 24, 2012          126

                                                                                                                       Reflections At Keppel Bay      $4,600k             $1,858                2,476          4               Aug 24, 2012          100




                                                                                                                                                             Prepared for on Sep 10, 2012                                                            67    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              4               Aug 24, 2012          17

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     2,400          4               Aug 24, 2012          17

                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     1,500          3               Aug 24, 2012          17

                                                                                                                       The Pearl @ Mount Faber        $1,750k             $1,260                1,389          3               Aug 23, 2012          18
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,877                1,012          2               Aug 23, 2012          218

                                                                                                                       Reflections At Keppel Bay      $1,950k             $1,662                1,173          2               Aug 23, 2012          241

                                                                                                                       Reflections At Keppel Bay      $1,989k             $2,200                904            2               Aug 23, 2012          18

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,128k             $2,150                990            2               Aug 23, 2012          18
                                                                                                                       33




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $2,200k             $1,747                1,259          3               Aug 23, 2012          18

                                                                                                                       Reflections At Keppel Bay      $2,268k             $1,803                1,258          3               Aug 23, 2012          18




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,795                1,281          3               Aug 23, 2012          80

                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,795                1,281          3               Aug 23, 2012          52

                                                                                                                       Reflections At Keppel Bay      $2,340k             $1,890                1,238          3               Aug 23, 2012          40




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $2,544k             $1,861                1,367          3               Aug 23, 2012          18

                                                                                                                       Reflections At Keppel Bay      $2,588k             $1,593                1,625          3               Aug 23, 2012          118

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $2,680k

                                                                                                                                                      $2,950k

                                                                                                                                                      $3,300k
                                                                                                                                                                          $2,222

                                                                                                                                                                          $2,109

                                                                                                                                                                          $2,174
                                                                                                                                                                                                1,206

                                                                                                                                                                                                1,399

                                                                                                                                                                                                1,518
                                                                                                                                                                                                        92     2

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Aug 23, 2012

                                                                                                                                                                                                                               Aug 23, 2012

                                                                                                                                                                                                                               Aug 23, 2012
                                                                                                                                                                                                                                                     167

                                                                                                                                                                                                                                                     18

                                                                                                                                                                                                                                                     127
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $3,300k             $2,322                1,421          3               Aug 23, 2012          38

                                                                                                                       Reflections At Keppel Bay      $3,307k             $2,400                1,378          3               Aug 23, 2012          18

                                                                                                                       Reflections At Keppel Bay      $3,480k             $2,170                1,604          3               Aug 23, 2012          18
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,862                1,960          3               Aug 23, 2012          19

                                                                                                                       Reflections At Keppel Bay      $3,900k             $2,500                1,560          3               Aug 23, 2012          18
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $4,000k             $2,323                1,722          3               Aug 23, 2012          20

                                                                                                                       Reflections At Keppel Bay      $4,060k             $2,402                1,690          3               Aug 23, 2012          131
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $4,160k             $2,461                1,690          3               Aug 23, 2012          98

                                                                                                                       Reflections At Keppel Bay      $4,200k             $2,485                1,690          3               Aug 23, 2012          110

                                                                                                                       Reflections At Keppel Bay      $4,380k             $2,503                1,750          3               Aug 23, 2012          18
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $4,400k             $2,572                1,711          3               Aug 23, 2012          46

                                                                                                                       Reflections At Keppel Bay      $5,000k             $2,265                2,207          3               Aug 23, 2012          225
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $7,750k             $1,593                4,865          5               Aug 23, 2012          117

                                                                                                                       Reflections At Keppel Bay      $10,000k            $2,504                3,993          4               Aug 23, 2012          18

                                                                                                                       Reflections At Keppel Bay      $11,500k            $3,026                3,800          4               Aug 23, 2012          124
                                                                                                                        Vi




                                                                                                                       REFLECTIONS AT KEPPEL BAY      CALL                -                     -              4               Aug 23, 2012          18

                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,620                1,173          2               Aug 22, 2012          29

                                                                                                                       Reflections At Keppel Bay      $1,900k             $1,803                1,054          2               Aug 22, 2012          19

                                                                                                                       Reflections At Keppel Bay      $2,064k             $1,880                1,098          2               Aug 22, 2012          236

                                                                                                                       Reflections At Keppel Bay      $2,100k             $2,121                990            2               Aug 22, 2012          45

                                                                                                                       Reflections At Keppel Bay      $2,200k             $2,045                1,076          2               Aug 22, 2012          77

                                                                                                                       Reflections At Keppel Bay      $2,475k             $2,300                1,076          3               Aug 22, 2012          29

                                                                                                                       Reflections At Keppel Bay      $2,583k             $2,500                1,033          2               Aug 22, 2012          52

                                                                                                                       Reflections At Keppel Bay      $2,680k             $1,741                1,539          3               Aug 22, 2012          19

                                                                                                                       Reflections At Keppel Bay      $2,712k             $2,400                1,130          2               Aug 22, 2012          29




                                                                                                                                                             Prepared for on Sep 10, 2012                                                            68    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $2,920k             $2,025                1,442          3               Aug 22, 2012          98

                                                                                                                       Reflections At Keppel Bay      $3,200k             $1,995                1,604          3               Aug 22, 2012          64

                                                                                                                       Reflections At Keppel Bay      $3,300k             $2,395                1,378          3               Aug 22, 2012          19

                                                                                                                       Reflections At Keppel Bay      $3,300k             $2,391                1,380          3               Aug 22, 2012          45
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $3,400k             $2,000                1,700          3               Aug 22, 2012          29

                                                                                                                       Reflections At Keppel Bay      $3,609k             $2,250                1,604          3               Aug 22, 2012          29

                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,469                1,539          3               Aug 22, 2012          99

                                                                                                                       Reflections At Keppel Bay      $3,900k             $2,047                1,905          3               Aug 22, 2012          183

                                                                                                                       Reflections At Keppel Bay      $4,300k             $2,513                1,711          3               Aug 22, 2012          205




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $4,888k             $2,857                1,711          3               Aug 22, 2012          64

                                                                                                                       Reflections At Keppel Bay      $5,270k             $2,400                2,196          3               Aug 22, 2012          311




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $6,737k             $3,145                2,142          4               Aug 22, 2012          205

                                                                                                                       Reflections At Keppel Bay      $10,000k            $3,128                3,197          4               Aug 22, 2012          462

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $1,520k             $1,569                969            2               Aug 21, 2012          29




                                                                                                                                                                                                                   37
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $1,700k             $1,680                1,012          2               Aug 21, 2012          136

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $1,910k

                                                                                                                                                      $2,000k

                                                                                                                                                      $2,080k
                                                                                                                                                                          $1,775

                                                                                                                                                                          $1,976

                                                                                                                                                                          $2,101
                                                                                                                                                                                                1,076

                                                                                                                                                                                                1,012

                                                                                                                                                                                                990
                                                                                                                                                                                                        92     2

                                                                                                                                                                                                               2

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Aug 21, 2012

                                                                                                                                                                                                                               Aug 21, 2012

                                                                                                                                                                                                                               Aug 21, 2012
                                                                                                                                                                                                                                                     20

                                                                                                                                                                                                                                                     168

                                                                                                                                                                                                                                                     97
                                                                                                                                                                                          @
                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,100k             $2,053                1,023          3               Aug 21, 2012          29
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $2,190k             $1,850                1,184          3               Aug 21, 2012          20

                                                                                                                       Reflections At Keppel Bay      $2,305k             $1,799                1,281          3               Aug 21, 2012          115
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $2,310k             $1,803                1,281          3               Aug 21, 2012          48
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $2,353k             $2,351                1,001          2               Aug 21, 2012          47

                                                                                                                       Reflections At Keppel Bay      $2,373k             $2,100                1,130          2               Aug 21, 2012          47
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $2,400k             $2,145                1,119          3               Aug 21, 2012          69

                                                                                                                       Reflections At Keppel Bay      $2,600k             $1,917                1,356          3               Aug 21, 2012          47

                                                                                                                       Reflections At Keppel Bay      $2,730k             $1,798                1,518          3               Aug 21, 2012          47
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $2,774k             $1,841                1,507          3               Aug 21, 2012          312

                                                                                                                       Reflections At Keppel Bay      $2,990k             $2,170                1,378          3               Aug 21, 2012          24
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $3,280k             $2,345                1,399          3               Aug 21, 2012          54

                                                                                                                       Reflections At Keppel Bay      $3,600k             $2,496                1,442          3               Aug 21, 2012          175

                                                                                                                       Reflections At Keppel Bay      $3,700k             $2,308                1,603          3               Aug 21, 2012          49
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,221                1,711          3               Aug 21, 2012          168

                                                                                                                       Reflections At Keppel Bay      $4,300k             $2,544                1,690          3               Aug 21, 2012          109

                                                                                                                       Reflections At Keppel Bay      $6,933k             $2,814                2,464          4               Aug 21, 2012          233

                                                                                                                       Reflections At Keppel Bay      $8,880k             $2,894                3,068          4               Aug 21, 2012          93

                                                                                                                       Reflections At Keppel Bay      $13,000k            $3,081                4,219          5               Aug 21, 2012          74

                                                                                                                       Reflections At Keppel Bay      $22,000k            $3,125                7,038          4               Aug 21, 2012          74

                                                                                                                       Reflections At Keppel Bay      $1,760k             $1,880                936            2               Aug 20, 2012          50

                                                                                                                       Reflections At Keppel Bay      $1,850k             $1,828                1,012          2               Aug 20, 2012          298

                                                                                                                       Reflections At Keppel Bay      $2,025k             $1,810                1,119          2               Aug 20, 2012          50

                                                                                                                       Reflections At Keppel Bay      $2,080k             $2,101                990            2               Aug 20, 2012          130




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              69    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $2,135k             $2,110                1,012          2               Aug 20, 2012          50

                                                                                                                       Reflections At Keppel Bay      $2,250k             $1,699                1,324          3               Aug 20, 2012          68

                                                                                                                       Reflections At Keppel Bay      $2,307k             $2,042                1,130          2               Aug 20, 2012          292

                                                                                                                       The Pearl @ Mount Faber        $2,400k             $1,000                2,400          3               Aug 20, 2012          249
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $2,400k             $1,874                1,281          3               Aug 20, 2012          48

                                                                                                                       Reflections At Keppel Bay      $2,550k             $2,235                1,141          2               Aug 20, 2012          40

                                                                                                                       Reflections At Keppel Bay      $2,550k             $1,574                1,620          3               Aug 20, 2012          21

                                                                                                                       Reflections At Keppel Bay      $2,568k             $2,409                1,066          3               Aug 20, 2012          50

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,637k             $1,724                1,530          3               Aug 20, 2012          152




                                                                                                                                                                                                                       31
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $2,980k             $2,407                1,238          3               Aug 20, 2012          50




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $3,350k             $2,431                1,378          3               Aug 20, 2012          21

                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,872                1,950          3               Aug 20, 2012          21

                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,221                1,711          3               Aug 20, 2012          298




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $5,500k             $2,165                2,540          4               Aug 20, 2012          21

                                                                                                                       Reflections At Keppel Bay      $5,589k             $2,228                2,508          4               Aug 20, 2012          475

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $9,350k

                                                                                                                                                      $10,600k

                                                                                                                                                      $1,850k
                                                                                                                                                                          $3,016

                                                                                                                                                                          $2,655

                                                                                                                                                                          $1,719
                                                                                                                                                                                                3,100

                                                                                                                                                                                                3,993

                                                                                                                                                                                                1,076
                                                                                                                                                                                                        92     4

                                                                                                                                                                                                               4

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Aug 20, 2012

                                                                                                                                                                                                                               Aug 20, 2012

                                                                                                                                                                                                                               Aug 19, 2012
                                                                                                                                                                                                                                                     50

                                                                                                                                                                                                                                                     51

                                                                                                                                                                                                                                                     341
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $2,100k             $1,952                1,076          2               Aug 19, 2012          76

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,000                1,550          3               Aug 19, 2012          130

                                                                                                                       Reflections At Keppel Bay      $3,280k             $2,475                1,325          3               Aug 19, 2012          76
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $3,560k             $2,282                1,560          3               Aug 19, 2012          22

                                                                                                                       Reflections At Keppel Bay      $3,764k             $2,200                1,711          3               Aug 19, 2012          52
                                                                                                                                                          on



                                                                                                                       REFLECTIONS AT KEPPEL BAY      $6,302k             $2,400                2,626          4               Aug 19, 2012          148

                                                                                                                       Reflections At Keppel Bay      $6,500k             $2,771                2,346          4               Aug 19, 2012          104
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $1,700k             $2,107                807            2               Aug 18, 2012          52

                                                                                                                       Reflections At Keppel Bay      $1,888k             $2,402                786            2               Aug 18, 2012          145

                                                                                                                       Reflections At Keppel Bay      $2,300k             $1,795                1,281          3               Aug 18, 2012          93
                                                                                                                                              en




                                                                                                                       Reflections At Keppel Bay      $2,550k             $1,584                1,610          3               Aug 18, 2012          23

                                                                                                                       Reflections At Keppel Bay      $2,599k             $2,300                1,130          2               Aug 18, 2012          134
                                                                                                                                  nc




                                                                                                                       REFLECTIONS AT KEPPEL BAY      $2,600k             $1,600                1,625          3               Aug 18, 2012          23

                                                                                                                       Reflections At Keppel Bay      $2,765k             $2,400                1,152          3               Aug 18, 2012          41

                                                                                                                       Reflections At Keppel Bay      $2,884k             $1,900                1,518          3               Aug 18, 2012          42
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $2,957k             $2,020                1,464          4               Aug 18, 2012          26

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,072                1,496          3               Aug 18, 2012          42

                                                                                                                       Reflections At Keppel Bay      $3,100k             $2,181                1,421          2               Aug 18, 2012          244

                                                                                                                       Reflections At Keppel Bay      $3,650k             $1,862                1,960          2               Aug 18, 2012          31

                                                                                                                       Reflections At Keppel Bay      $3,800k             $3,018                1,259          3               Aug 18, 2012          39

                                                                                                                       Reflections @ Keppel Bay       $4,100k             $2,059                1,991          3               Aug 18, 2012          69

                                                                                                                       Reflections At Keppel Bay      $4,423k             $2,600                1,701          3               Aug 18, 2012          39

                                                                                                                       Reflections At Keppel Bay      $4,726k             $2,710                1,744          3               Aug 18, 2012          160

                                                                                                                       Reflections At Keppel Bay      $2,000k             $1,859                1,076          3               Aug 17, 2012          127

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,100k             $1,877                1,119          2               Aug 17, 2012          24




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              70    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $2,100k             $1,992                1,054          2               Aug 17, 2012          78

                                                                                                                       Reflections At Keppel Bay      $2,178k             $2,200                990            2               Aug 17, 2012          109

                                                                                                                       Reflections At Keppel Bay      $2,180k             $1,847                1,180          3               Aug 17, 2012          104
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $2,200k             $1,833                1,200          3               Aug 17, 2012          181

                                                                                                                       Reflections At Keppel Bay      $2,200k             $1,928                1,141          2               Aug 17, 2012          24

                                                                                                                       Reflections At Keppel Bay      $2,306k             $1,800                1,281          3               Aug 17, 2012          52

                                                                                                                       Reflections At Keppel Bay      $2,310k             $1,803                1,281          3               Aug 17, 2012          140

                                                                                                                       Reflections At Keppel Bay      $2,350k             $2,140                1,098          2               Aug 17, 2012          144




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $2,689k             $2,403                1,119          2               Aug 17, 2012          191

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,308k             $2,401                1,378          3               Aug 17, 2012          37




                                                                                                                                                                                                                     99
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $3,600k             $2,633                1,367          2               Aug 17, 2012          69

                                                                                                                       Reflections At Keppel Bay      $4,550k             $2,261                2,012          3               Aug 17, 2012          247




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $4,880k             $2,337                2,088          3               Aug 17, 2012          247

                                                                                                                       Reflections At Keppel Bay      $8,000k             $2,617                3,057          4               Aug 17, 2012          365

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $8,301k

                                                                                                                                                      $10,000k

                                                                                                                                                      $1,690k
                                                                                                                                                                          $3,021

                                                                                                                                                                          $3,030

                                                                                                                                                                          $1,963
                                                                                                                                                                                                2,748

                                                                                                                                                                                                3,300

                                                                                                                                                                                                861
                                                                                                                                                                                                        92     4

                                                                                                                                                                                                               4

                                                                                                                                                                                                               2
                                                                                                                                                                                                                               Aug 17, 2012

                                                                                                                                                                                                                               Aug 17, 2012

                                                                                                                                                                                                                               Aug 16, 2012
                                                                                                                                                                                                                                                     174

                                                                                                                                                                                                                                                     29

                                                                                                                                                                                                                                                     25
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $1,690k             $1,847                915            2               Aug 16, 2012          553

                                                                                                                       Reflections At Keppel Bay      $2,306k             $1,800                1,281          3               Aug 16, 2012          153

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,700k             $1,742                1,550          3               Aug 16, 2012          25
                                                                                                                       1
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $3,000k             $1,976                1,518          3               Aug 16, 2012          49
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $3,500k             $2,183                1,603          3               Aug 16, 2012          25

                                                                                                                       Reflections At Keppel Bay      $3,700k             $2,707                1,367          2               Aug 16, 2012          69
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $3,700k             $2,162                1,711          3               Aug 16, 2012          54

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $4,056k             $2,400                1,690          3               Aug 16, 2012          173
                                                                                                                       1
                                                                                                                                              en




                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $4,500k             $2,804                1,605          3               Aug 16, 2012          25
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $5,410k             $2,500                2,164          3               Aug 16, 2012          67
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $5,600k             $2,682                2,088          3               Aug 16, 2012          26

                                                                                                                       Reflections At Keppel Bay      $5,786k             $2,400                2,411          4               Aug 16, 2012          188
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $5,800k             $2,668                2,174          3               Aug 16, 2012          26

                                                                                                                       Reflections At Keppel Bay      $1,700k             $1,680                1,012          2               Aug 15, 2012          66

                                                                                                                       Reflections At Keppel Bay      $2,080k             $2,101                990            2               Aug 15, 2012          181

                                                                                                                       Reflections At Keppel Bay      $2,129k             $2,366                900            2               Aug 15, 2012          52

                                                                                                                       Reflections At Keppel Bay      $2,130k             $2,105                1,012          2               Aug 15, 2012          53

                                                                                                                       The Pearl @ Mount Faber        $2,530k             $1,100                2,300          3               Aug 15, 2012          198

                                                                                                                       Reflections At Keppel Bay      $3,307k             $2,400                1,378          3               Aug 15, 2012          38

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,386k             $2,200                1,539          3               Aug 15, 2012          26
                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,650k             $1,862                1,960          3               Aug 15, 2012          40
                                                                                                                       33




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              71    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                            Vincent Tong
                                                                                                                                                                    Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                                Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $3,800k             $2,235                1,700          3               Aug 15, 2012          109

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $4,056k             $2,400                1,690          3               Aug 15, 2012          26
                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $4,128k             $2,700                1,529          3               Aug 15, 2012          26
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $4,968k             $1,900                2,615          4               Aug 15, 2012          26
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $5,767k             $2,653                2,174          3               Aug 15, 2012          52

                                                                                                                       Reflections At Keppel Bay      $6,823k             $2,908                2,346          4               Aug 15, 2012          127




                                                                                                                                                                                                                       31
                                                                                                                       Reflections At Keppel Bay      $7,800k             $2,552                3,057          4               Aug 15, 2012          37

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $8,000k             $2,511                3,186          4               Aug 15, 2012          26
                                                                                                                       1




                                                                                                                                                                                                                     99
                                                                                                                       Reflections At Keppel Bay      $1,950k             $1,647                1,184          2               Aug 14, 2012          31

                                                                                                                       Reflections At Keppel Bay      $2,080k             $2,101                990            2               Aug 14, 2012          27

                                                                                                                       Reflections At Keppel Bay      $2,100k             $1,991                1,055          2               Aug 14, 2012          31




                                                                                                                                                                                                                   37
                                                                                                                       Reflections At Keppel Bay      $2,216k             $2,101                1,055          2               Aug 14, 2012          28

                                                                                                                       Reflections At Keppel Bay      $2,223k             $1,950                1,140          3               Aug 14, 2012          270

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay

                                                                                                                       Reflections At Keppel Bay
                                                                                                                                                      $2,306k

                                                                                                                                                      $2,306k

                                                                                                                                                      $2,800k
                                                                                                                                                                          $1,800

                                                                                                                                                                          $1,800

                                                                                                                                                                          $2,000
                                                                                                                                                                                                1,281

                                                                                                                                                                                                1,281

                                                                                                                                                                                                1,400
                                                                                                                                                                                                        92     3

                                                                                                                                                                                                               3

                                                                                                                                                                                                               3
                                                                                                                                                                                                                               Aug 14, 2012

                                                                                                                                                                                                                               Aug 14, 2012

                                                                                                                                                                                                                               Aug 14, 2012
                                                                                                                                                                                                                                                     54

                                                                                                                                                                                                                                                     53

                                                                                                                                                                                                                                                     27
                                                                                                                                                                                          @
                                                                                                                       Reflections At Keppel Bay      $2,825k             $2,050                1,378          2               Aug 14, 2012          165

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $3,100k             $2,268                1,367          2               Aug 14, 2012          27
                                                                                                                       1
                                                                                                                                                                                g


                                                                                                                       Reflections At Keppel Bay      $3,258k             $2,031                1,604          3               Aug 14, 2012          27

                                                                                                                       Reflections At Keppel Bay      $3,308k             $2,401                1,378          3               Aug 14, 2012          37
                                                                                                                                                          on



                                                                                                                       Reflections At Keppel Bay      $3,900k             $2,368                1,647          3               Aug 14, 2012          174

                                                                                                                       Reflections At Keppel Bay      $3,923k             $2,170                1,808          3               Aug 14, 2012          124
                                                                                                                                                        tT




                                                                                                                       Reflections At Keppel Bay      $4,184k             $1,580                2,648          4               Aug 14, 2012          202

                                                                                                                       Reflections At Keppel Bay      $4,900k             $2,032                2,411          4               Aug 14, 2012          27

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $5,600k             $2,682                2,088          3               Aug 14, 2012          27
                                                                                                                                              en




                                                                                                                       1

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $5,800k             $2,668                2,174          3               Aug 14, 2012          27
                                                                                                                       1
                                                                                                                                  nc




                                                                                                                       Reflections At Keppel Bay      $7,147k             $2,324                3,075          4               Aug 14, 2012          28

                                                                                                                       Reflections At Keppel Bay      $8,100k             $2,656                3,050          4               Aug 14, 2012          27
                                                                                                                           Vi




                                                                                                                       Reflections At Keppel Bay      $20,000k            $2,422                8,255          5               Aug 14, 2012          124

                                                                                                                       Reflections At Keppel Bay      $1,895k             $1,798                1,054          2               Aug 13, 2012          28

                                                                                                                       Reflections At Keppel Bay      $2,074k             $1,800                1,152          2               Aug 13, 2012          28

                                                                                                                       Reflections At Keppel Bay      $2,180k             $1,702                1,281          3               Aug 13, 2012          152

                                                                                                                       REFLECTIONS AT KEPPEL BAY,     $2,500k             $2,345                1,066          3               Aug 13, 2012          28
                                                                                                                       1

                                                                                                                       Reflections At Keppel Bay      $2,590k             $2,292                1,130          2               Aug 13, 2012          28

                                                                                                                       Reflections At Keppel Bay      $2,817k             $1,734                1,625          3               Aug 13, 2012          28

                                                                                                                       Reflections At Keppel Bay      $2,921k             $1,898                1,539          3               Aug 13, 2012          28

                                                                                                                       Reflections At Keppel Bay      $2,950k             $1,943                1,518          3               Aug 13, 2012          87

                                                                                                                       Reflections At Keppel Bay      $2,966k             $1,997                1,485          3               Aug 13, 2012          28




                                                                                                                                                           Prepared for on Sep 10, 2012                                                              72    of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                             Vincent Tong
                                                                                                                                                                     Caribbean At Keppel Bay Report                                CEA Reg No: R013173G
                                                                                                                                                                                   Powered by StreetSine                                Mobile: 92379931


                                                                                                                       Reflections At Keppel Bay      $3,700k                $1,848                2,002          3               Aug 13, 2012         179

                                                                                                                       Reflections At Keppel Bay      $4,258k                $2,428                1,754          3               Aug 13, 2012         28

                                                                                                                       Reflections At Keppel Bay      $4,600k                $1,952                2,357          4               Aug 13, 2012         87

                                                                                                                       Reflections At Keppel Bay      $4,900k                $1,843                2,658          4               Aug 13, 2012         28
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Reflections At Keppel Bay      $5,200k                $2,100                2,476          4               Aug 13, 2012         87

                                                                                                                       Reflections At Keppel Bay      $5,300k                $2,474                2,142          3               Aug 13, 2012         122

                                                                                                                       Reflections At Keppel Bay      $7,035k                $2,794                2,518          4               Aug 13, 2012         28

                                                                                                                       Reflections At Keppel Bay      $9,886k                $3,365                2,938          4               Aug 13, 2012         28

                                                                                                                       Reflections At Keppel Bay      $10,191k               $3,469                2,938          4               Aug 13, 2012         28




                                                                                                                                                                                                                          31
                                                                                                                       Reflections At Keppel Bay      $2,306k                $1,800                1,281          3               Aug 12, 2012         144

                                                                                                                       Reflections At Keppel Bay      $3,650k                $1,862                1,960          3               Aug 12, 2012         64




                                                                                                                                                                                                                        99
                                                                                                                       Reflections At Keppel Bay      $3,900k                $2,157                1,808          3               Aug 12, 2012         29

                                                                                                                       Reflections At Keppel Bay      $2,281k                $2,038                1,119          2               Aug 11, 2012         33

                                                                                                                       Reflections At Keppel Bay      $3,234k                $2,016                1,604          3               Aug 11, 2012         33




                                                                                                                                                                                                                      37
                                                                                                                       Reflections At Keppel Bay      $5,000k                $1,952                2,561          4               Aug 11, 2012         30




                                                                                                                       Rental Listings with similar sizes in Caribbean At Keppel Bay
                                                                                                                                   Rental Address                         Asking                  PSF
                                                                                                                                                                                                           92         Built
                                                                                                                                                                                                                      sqft
                                                                                                                                                                                                                                     Bed-
                                                                                                                                                                                                                                     rooms
                                                                                                                                                                                                                                                        Posted
                                                                                                                                                                                             @
                                                                                                                       Caribbean At Keppel Bay                   $5,200                 $5.75               904               2                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $5,300                 $5.94               893               2                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $5,300                 $5.94               893               2                  Sep 10, 2012
                                                                                                                                                                                   g


                                                                                                                       Caribbean At Keppel Bay                   $5,500                 $4.82               1,141             2                  Sep 10, 2012
                                                                                                                                                          on



                                                                                                                       Caribbean At Keppel Bay                   $5,700                 $5.00               1,141             2                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,000                 $4.89               1,227             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,000                 $4.98               1,206             3                  Sep 10, 2012
                                                                                                                                                        tT




                                                                                                                       Caribbean At Keppel Bay                   $6,000                 $4.89               1,227             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,000                 $4.68               1,281             3                  Sep 10, 2012
                                                                                                                                              en




                                                                                                                       Caribbean At Keppel Bay                   $6,200                 $5.14               1,206             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,200                 $5.10               1,216             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,200                 $4.77               1,300             3                  Sep 10, 2012
                                                                                                                                  nc




                                                                                                                       Caribbean At Keppel Bay                   $6,480                 $5.06               1,281             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,500                 $5.30               1,227             3                  Sep 10, 2012
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay                   $6,500                 $7.22               900               2                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,500                 $5.20               1,249             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,500                 $4.87               1,334             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,680                 $5.18               1,290             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,800                 $5.27               1,290             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,800                 $5.09               1,335             4                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $6,800                 $5.27               1,290             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $7,300                 $5.47               1,335             3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $8,000                 $3.10               2,583             4                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $8,000                 $4.86               1,647             4                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                   $8,500                 $5.45               1,561             2                  Sep 10, 2012




                                                                                                                                                           Prepared for on Sep 10, 2012                                                               73     of   93
                                                                                                                                Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay                $8,500                $5.31                  1,600            3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,530                $5.43                  1,570            2                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,540                $5.51                  1,550            2                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,900                $3.45                  2,583            4                  Sep 10, 2012
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay                $9,000                $3.48                  2,583            3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,000                $3.48                  2,583            3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,900                $4.55                  2,174            3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $10,000               $4.61                  2,170            3                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $10,000               $4.60                  2,174            3                  Sep 10, 2012




                                                                                                                                                                                                                       31
                                                                                                                       Caribbean At Keppel Bay                $10,880               $4.47                  2,433            4                  Sep 10, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,600                $6.27                  893              2                  Sep 9, 2012




                                                                                                                                                                                                                     99
                                                                                                                       Caribbean At Keppel Bay                $5,900                $4.61                  1,281            2                  Sep 9, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,200                $4.84                  1,281            3                  Sep 9, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,300                $5.22                  1,206            3                  Sep 9, 2012




                                                                                                                                                                                                                   37
                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.30                  1,227            3                  Sep 9, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $4.87                  1,335            3                  Sep 9, 2012

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                              $6,500

                                                                                                                                                              $7,000

                                                                                                                                                              $8,200
                                                                                                                                                                                    $4.95

                                                                                                                                                                                    $5.24

                                                                                                                                                                                    $4.98
                                                                                                                                                                                                       92  1,313

                                                                                                                                                                                                           1,335

                                                                                                                                                                                                           1,647
                                                                                                                                                                                                                            3

                                                                                                                                                                                                                            3

                                                                                                                                                                                                                            4
                                                                                                                                                                                                                                               Sep 9, 2012

                                                                                                                                                                                                                                               Sep 9, 2012

                                                                                                                                                                                                                                               Sep 9, 2012
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay                $8,300                $5.07                  1,636            4                  Sep 9, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,800                $4.05                  2,174            3                  Sep 9, 2012

                                                                                                                       Caribbean At Keppel Bay                $10,000               $4.36                  2,292            3                  Sep 9, 2012
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay                $11,000               $5.06                  2,174            3                  Sep 9, 2012
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay                $5,000                $5.95                  840              2                  Sep 8, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,200                $5.05                  1,227            3                  Sep 8, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.07                  1,281            3                  Sep 8, 2012
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay                $6,500                $4.72                  1,378            3                  Sep 8, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,900                $5.17                  1,335            4                  Sep 8, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,000                $5.06                  1,384            3                  Sep 8, 2012
                                                                                                                                            en




                                                                                                                       CARIBBEAN AT KEPPEL BAY, 46            $7,000                $5.46                  1,281            3                  Sep 8, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,800                $5.20                  1,500            2                  Sep 8, 2012
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay                $8,300                $3.21                  2,583            3                  Sep 8, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,500                $3.91                  2,174            3                  Sep 8, 2012
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay                $10,000               $4.38                  2,282            4                  Sep 8, 2012

                                                                                                                       Caribbean At Keppel Bay                $4,800                $5.38                  893              2                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,200                $6.19                  840              2                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,500                $6.16                  893              2                  Sep 7, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY                $5,500                $6.16                  893              2                  Sep 7, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY                $5,800                $4.56                  1,271            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,900                $4.61                  1,281            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.69                  1,280            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,300                $4.92                  1,281            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,400                $4.72                  1,355            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $4.87                  1,335            3                  Sep 7, 2012




                                                                                                                                                          Prepared for on Sep 10, 2012                                                              74       of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.30                  1,227            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.35                  1,216            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $4.79                  1,356            3                  Sep 7, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY                $6,640                $5.41                  1,227            3                  Sep 7, 2012
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay                $7,000                $5.46                  1,281            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,000                $5.24                  1,335            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,000                $5.93                  1,350            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,000                $3.10                  2,583            4                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,500                $3.91                  2,174            3                  Sep 7, 2012




                                                                                                                                                                                                                       31
                                                                                                                       CARIBBEAN AT KEPPEL BAY                $8,600                $5.26                  1,636            4                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,000                $3.48                  2,583            3                  Sep 7, 2012




                                                                                                                                                                                                                     99
                                                                                                                       Caribbean At Keppel Bay                $9,000                $3.48                  2,583            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,900                $4.56                  2,170            3                  Sep 7, 2012

                                                                                                                       Caribbean At Keppel Bay                $10,000               $4.55                  2,200            4                  Sep 7, 2012




                                                                                                                                                                                                                   37
                                                                                                                       Caribbean At Keppel Bay                $5,000                $5.79                  863              2                  Sep 6, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,500                $4.87                  1,130            2                  Sep 6, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY, 2

                                                                                                                       CARIBBEAN AT KEPPEL BAY

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                              $6,000

                                                                                                                                                              $6,200

                                                                                                                                                              $6,300
                                                                                                                                                                                    $5.22

                                                                                                                                                                                    $4.66

                                                                                                                                                                                    $5.13
                                                                                                                                                                                                       92  1,150

                                                                                                                                                                                                           1,330

                                                                                                                                                                                                           1,227
                                                                                                                                                                                                                            2

                                                                                                                                                                                                                            3

                                                                                                                                                                                                                            3
                                                                                                                                                                                                                                               Sep 6, 2012

                                                                                                                                                                                                                                               Sep 6, 2012

                                                                                                                                                                                                                                               Sep 6, 2012
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.07                  1,281            3                  Sep 6, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.07                  1,281            3                  Sep 6, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,900                $4.79                  1,650            3                  Sep 6, 2012
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay                $8,000                $3.51                  2,282            3                  Sep 6, 2012
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay                $8,000                $4.86                  1,647            2                  Sep 6, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,900                $4.56                  2,170            3                  Sep 6, 2012

                                                                                                                       Caribbean At Keppel Bay                $10,000               $4.38                  2,282            4                  Sep 6, 2012
                                                                                                                                                       tT




                                                                                                                       Caribbean At Keppel Bay                $10,000               $4.38                  2,282            4                  Sep 6, 2012

                                                                                                                       Caribbean At Keppel Bay                $4,500                $5.00                  900              2                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,200                $5.78                  900              2                  Sep 5, 2012
                                                                                                                                            en




                                                                                                                       Caribbean At Keppel Bay                $5,300                $6.08                  872              2                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,700                $4.45                  1,281            3                  Sep 5, 2012
                                                                                                                                 nc




                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.93                  1,216            3                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,020                $5.26                  1,335            3                  Sep 5, 2012
                                                                                                                        Vi




                                                                                                                       CARIBBEAN AT KEPPEL BAY                $7,500                $4.44                  1,690            3                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,500                $5.20                  1,636            4                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,000                $4.14                  2,174            3                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,500                $4.16                  2,282            3                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $11,000               $5.79                  1,900            4                  Sep 5, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,000                $5.79                  863              2                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $4.92                  1,320            3                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.12                  1,270            3                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,000                $5.71                  1,227            3                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,000                $5.61                  1,248            3                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,020                $5.28                  1,330            3                  Sep 4, 2012




                                                                                                                                                          Prepared for on Sep 10, 2012                                                              75       of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay                $7,200                $5.39                  1,335            3                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,000                $4.71                  1,700            3                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,000                $3.10                  2,583            3                  Sep 4, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,000                $5.50                  1,636            4                  Sep 4, 2012
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       Caribbean At Keppel Bay                $4,700                $5.26                  893              2                  Sep 3, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,020                $5.26                  1,335            3                  Sep 3, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,000                $5.41                  1,480            3                  Sep 3, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,500                $5.31                  1,600            4                  Sep 3, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,050                $4.73                  1,280            3                  Sep 2, 2012




                                                                                                                                                                                                                       31
                                                                                                                       Caribbean At Keppel Bay                $7,000                $5.24                  1,335            3                  Sep 2, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,800                $5.35                  1,645            3                  Sep 2, 2012




                                                                                                                                                                                                                     99
                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.72                  1,270            3                  Sep 1, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.69                  1,280            3                  Sep 1, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.89                  1,228            3                  Sep 1, 2012




                                                                                                                                                                                                                   37
                                                                                                                       Caribbean At Keppel Bay                $6,300                $4.92                  1,280            3                  Sep 1, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,500                $4.58                  1,636            4                  Sep 1, 2012

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                              $7,600

                                                                                                                                                              $8,500

                                                                                                                                                              $8,800
                                                                                                                                                                                    $3.50

                                                                                                                                                                                    $3.91

                                                                                                                                                                                    $4.05
                                                                                                                                                                                                       92  2,174

                                                                                                                                                                                                           2,174

                                                                                                                                                                                                           2,174
                                                                                                                                                                                                                            3

                                                                                                                                                                                                                            3

                                                                                                                                                                                                                            3
                                                                                                                                                                                                                                               Sep 1, 2012

                                                                                                                                                                                                                                               Sep 1, 2012

                                                                                                                                                                                                                                               Sep 1, 2012
                                                                                                                                                                                         @
                                                                                                                       Caribbean At Keppel Bay                $5,000                $5.60                  893              2                  Aug 31, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY                $5,300                $6.08                  872              2                  Aug 31, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,800                $4.53                  1,280            3                  Aug 31, 2012
                                                                                                                                                                               g


                                                                                                                       Caribbean At Keppel Bay                $5,999                $4.89                  1,227            3                  Aug 31, 2012
                                                                                                                                                         on



                                                                                                                       Caribbean At Keppel Bay                $6,300                $4.65                  1,356            3                  Aug 31, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $4.72                  1,378            3                  Aug 31, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,800                $5.04                  1,350            3                  Aug 31, 2012
                                                                                                                                                       tT




                                                                                                                       CARIBBEAN AT KEPPEL BAY                $10,000               $6.73                  1,485            3                  Aug 31, 2012

                                                                                                                       Caribbean                              $10,000               $4.38                  2,282            3                  Aug 31, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY                $11,000               $5.79                  1,900            4                  Aug 31, 2012
                                                                                                                                            en




                                                                                                                       Caribbean At Keppel Bay                $4,500                $5.04                  893              2                  Aug 30, 2012

                                                                                                                       Caribbean At Keppel Bay                $4,700                $5.26                  893              2                  Aug 30, 2012
                                                                                                                                   nc




                                                                                                                       Caribbean At Keppel Bay                $5,300                $4.65                  1,141            2                  Aug 30, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.68                  1,281            3                  Aug 30, 2012
                                                                                                                        Vi




                                                                                                                       Caribbean At Keppel Bay                $8,300                $3.21                  2,583            3                  Aug 30, 2012

                                                                                                                       Caribbean At Keppel Bay                $9,000                $5.45                  1,650            4                  Aug 30, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY                $5,200                $5.78                  900              2                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,200                $5.96                  872              2                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,200                $5.84                  890              2                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,300                $6.01                  882              2                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,500                $6.11                  900              2                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,500                $6.55                  840              2                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,700                $6.79                  840              2                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,800                $4.57                  1,270            3                  Aug 29, 2012

                                                                                                                       CARIBBEAN AT KEPPEL BAY                $6,000                $4.42                  1,356            3                  Aug 29, 2012




                                                                                                                                                          Prepared for on Sep 10, 2012                                                              76       of   93
                                                                                                                               Information contained is for general purposes only and does not constitute any investment advice
A Member of SRX

                                                                                                                                                                                                                                           Vincent Tong
                                                                                                                                                                   Caribbean At Keppel Bay Report                                 CEA Reg No: R013173G
                                                                                                                                                                               Powered by StreetSine                                   Mobile: 92379931


                                                                                                                       Caribbean At Keppel Bay                $6,100                $4.50                  1,356            3                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,200                $4.84                  1,281            3                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,600                $4.87                  1,356            3                  Aug 29, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,500                $4.40                  1,249            3                  Aug 28, 2012
© Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong.




                                                                                                                       CARIBBEAN AT KEPPEL BAY                $5,900                $4.42                  1,335            3                  Aug 28, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,300                $4.80                  1,313            3                  Aug 28, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.35                  1,216            3                  Aug 28, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $5.21                  1,248            3                  Aug 28, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,500                $4.79                  1,356            3                  Aug 28, 2012




                                                                                                                                                                                                                       31
                                                                                                                       CARIBBEAN AT KEPPEL BAY                $7,000                $5.16                  1,356            4                  Aug 28, 2012

                                                                                                                       Caribbean At Keppel Bay                $7,000                $5.24                  1,335            3                  Aug 28, 2012




                                                                                                                                                                                                                     99
                                                                                                                       Caribbean At Keppel Bay                $8,200                $3.19                  2,570            3                  Aug 28, 2012

                                                                                                                       Caribbean At Keppel Bay                $8,200                $5.01                  1,636            4                  Aug 28, 2012

                                                                                                                       Caribbean At Keppel Bay                $5,500                $5.98                  920              2                  Aug 27, 2012




                                                                                                                                                                                                                   37
                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.89                  1,227            3                  Aug 27, 2012

                                                                                                                       Caribbean At Keppel Bay                $6,000                $4.69                  1,280            3                  Aug 27, 2012

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay

                                                                                                                       Caribbean At Keppel Bay
                                                                                                                                                              $6,500

                                                                                                                                                              $6,800

                                                                                                                                                              $7,000
                                                                                                                                                                                    $5.08

                                                                                                                                                                                    $5.02

                                                                                                                                                                                    $5.24
                                                                                                                                                                                                       92  1,280

                                                                                                                                                                                                           1,355

                                                                                                                                                                                                           1,335
                                                                                                                                                                                                                            3

                                                                                                                                                                                                                            4

                                                                                                                                                                                                                            3
                                                                                                                                                                                                                                               Aug 27, 2012

                                                                                                                                                                                                                                               Aug 27, 2012
Caribbean 10092012
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Caribbean 10092012
Caribbean 10092012
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Caribbean 10092012
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Caribbean 10092012

  • 1.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Property Summary Sheet Unit Pricing © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Latest Sold Unit : CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 (1335sqft) Unit Transacted : $ 2,200,000 ($ 1,649 psf) on Aug 30, 2012 SRX 31 99 37 Median Price* based on recent transactions : $ 1,994,490 ($ 1,494 psf, 1335sqft) *Based on a median PSF of $1,494 psf for similar transactions sold in Caribbean At Keppel Bay within the last 12 months. Median Price^ based on current listings : $ 2,101,290 ($ 1,574 psf, 1335sqft) ^Based months. 92 on a median asking PSF of $1,574 psf for currently active listings in Caribbean At Keppel Bay that are in the market for less than 2 Project Transactions @ Latest Avg PSF: $1,650 psf (Aug 12) g on tT en For illustration purposes only Recent Transacted Address Size Price PSF Contract Built Tenure Type nc 32 Keppel Bay Drive Level 4 to 6 SRX 1,334 $2,200k $1,649 Aug 30, 2012 2004 99 years from 16/08/1999 - 40 Keppel Bay Drive Level 4 to 6 SRX 1,248 $1,880k $1,506 Aug 29, 2012 2004 99 years from 16/08/1999 - Vi 34 Keppel Bay Drive #01-74 1,722 $3,150k $1,829 Aug 27, 2012 2004 99 Yrs From 16/08/1999 Resale Compare Nearby Projects Project Latest Average PSF Rental Capital gain Rental Yield Caribbean At Keppel Bay $1,650 (Aug 12) $5.60 psf 11.6%/yr 4.39% The Pearl @ Mount Faber $1,146 (Jul 12) $4.19 psf 14.0%/yr 4.40% Reflections At Keppel Bay $1,746 (Aug 12) $4.65 psf 1.6%/yr 3.14% Prepared for on Sep 10, 2012 1 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Getting the Most Out of the Home Report This home report provides data on Caribbean At Keppel Bay (Condominium). Transaction data was last © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. updated on 10 Sep 12 from official sources. Listing data is updated as of the moment this report is prepared. For information on the data, please see the footnotes contained within this report. The intent of this report is to provide you with important information that will help you 31 A. Price Caribbean At Keppel Bay for buy, sell or rent B. Compare it with other similar Projects. 99 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 making the market 37 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 92 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 takes into consideration the market numbers and the unique characteristics of the property. @ The Home Report is organized into the following sections: g (1) Basic Information (2) Pricing to buy or sell on (3) Renting (4) Investing tT In analyzing the numbers found in the Home Report, we recommend that you follow these steps: en 1. Understand the big picture. What direction are residential prices moving? 2. Identify Condominium projects that are similar, or comparable, to Caribbean At Keppel Bay. nc Then, compare recent sale prices. 3. Identify the prices that similar, or comparable, units within Caribbean At Keppel Bay sold for, Vi 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. Prepared for on Sep 10, 2012 2 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address : CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 S(98651) Size : 1,335 sqft* * Based on the size indicated in the latest caveat lodged for this unit as reflected in URA. © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Project Information Category : Condominium 31 Location : District 4 (Central Region) TOP* : 2004 Purchase Tenure : 99 years from 16/08/1999 99 City Distance : 2.26 km Developer : Keppel Bay Pte Ltd 37 Plot Ratio : 1.4 Total Units : 969 Unit Sizes 2 bedrooms (840 to 926 sqft) 3 bedrooms (1,206 to 1,356 sqft) 92 @ g For illustration purpose on only. * Temporary Occupation Permit tT Facilities Fixtures en Barbecue Area AirConditioning Yes Car Park Flooring For Bedroom Timber Flooring nc Club House Flooring For LivingDining Marble Fitness Area Kitchen Yes Vi Gymnasium Wardrobe Yes Play Ground Securities Swimming Pool Tennis Court Wadpool Note: Project information is subjected to changes by the property developer, project management committee or the authorities. Prepared for on Sep 10, 2012 3 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay Site Map © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 31 99 37 92 @ g on tT en nc Vi Note: Project site map is subjected to changes by the property developer, project management committee or the authorities. Prepared for on Sep 10, 2012 4 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 The maps below shows the cadastral map and important amenities within 2 km of the property. © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 31 99 37 92 @ g on tT en nc Vi MRT Groceries Schools Bus Stops Lifestyle Category Important Amenities within 2 km Distance Trains (MRT / Telok Blangah MRT (CC28) 0.66 km LRT) Harbourfront (NE1) 0.77 km Labrador Park MRT (CC27) 1.62 km Bus Stops Aft Seah Im Rd (Bus: 10, 30, 57, 61, 93, 97, 100, 0.22 km 131, 143, 145, 166, 188, 408, 963) Prepared for on Sep 10, 2012 5 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Groceries & Cold Storage Harbourfront Centre 0.50 km Supermarts Cold Storage Vivocity 0.89 km Shop N Save(telok Blangah Crescent) 1.38 km © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Schools Shelton College International 1.06 km (Primary, Blangah Rise Primary School 1.33 km Integrated, Radin Mas Primary School 1.40 km International) Canadian International School (Middle) 1.54 km 31 Chij (kellock) 1.70 km Lock Road Kindergarten 1.84 km 99 ISS International School (Preston Campus) 1.98 km Lifestyle The PSA Club 0.48 km 37 Keppel Marina 0.59 km Keppel Driving Range 0.88 km Mount Faber Park Keppel Club SAFRA Mt Faber 92 0.95 km 0.95 km 1.30 km @ Telok Blangah Hill Park 1.40 km g on tT en nc Vi Prepared for on Sep 10, 2012 6 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1. Pricing to Buy or Sell 1.1 What are Condominium prices doing in Singapore? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay is a Condominium in the Central Region of Singapore. The graph below shows the relevant price movements between 1990Q1 (1 Jan 1990) and 2012Q2 (30 Jun 2012). 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 31 4th Quarter of 1998. It is used to monitor the movement of private properties in Singapore. 99 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 Private Residential refers to the price index for all private housing types combined, which includes landed 37 homes, apartments, etc. 92 @ g on tT en The table below shows the quarterly change in price index over the last 1 year. In the most recent nc quarter of 2012Q2, property prices have changed by 0.4% from the previous quarter. Vi Quarter Quarter-on-Quarter Percentage Change Central Condominium All Condominium All Private Residential 2012Q2 0.4% 0.2% 0.4% 2012Q1 -0.8% -0.6% -0.1% 2011Q4 0.5% 0.4% 0.2% 2011Q3 1.1% 1.2% 1.3% Prepared for on Sep 10, 2012 7 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.2 What are Condominium prices doing in District 4? This graph shows the latest recorded monthly average PSF (Price per Square Foot) for all © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Condominium in District 4 where Caribbean At Keppel Bay is located. It was calculated by taking the average PSF of all units sold (by caveat lodged) in the district within each month. 31 99 37 92 @ The table below lists the monthly average PSF data for the last 15 months shown in the chart. Month Average PSF Number of Sales g Aug 12 $1,910 22 on Jul 12 $1,581 22 Jun 12 $1,681 31 tT May 12 $1,593 60 Apr 12 $1,767 48 Mar 12 $1,790 34 en Feb 12 $1,777 19 Jan 12 $1,500 8 nc Dec 11 $1,924 36 Nov 11 $1,784 47 Vi Oct 11 $1,745 31 Sep 11 $1,822 53 Aug 11 $1,813 130 Jul 11 $1,815 82 Jun 11 $1,813 113 Condominiums in District 4 went up by 7.4% in Aug 12. It is calculated by comparing the average PSF for the latest month (Aug 12) against the average PSF in the last 15 months. The 15-month period is illustrated in the table above. Prepared for on Sep 10, 2012 8 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.3 What are Condominium prices doing in Caribbean At Keppel Bay? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Latest Avg PSF: $1,650 psf (Aug 12) 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. 31 99 37 92 @ The table below lists the monthly average PSF data for the last 15 months shown in the chart. g Month Average PSF Number of Sales Aug 12 $1,650 6 on Jul 12 $1,552 4 Jun 12 $1,447 3 tT May 12 $1,531 9 Apr 12 $1,502 6 en Mar 12 $1,582 5 Feb 12 $1,402 3 Jan 12 $1,541 1 nc Dec 11 $1,566 4 Nov 11 $1,523 2 Vi Oct 11 $1,485 6 Sep 11 $1,565 7 Aug 11 $1,598 12 Jul 11 $1,612 8 Jun 11 $1,570 8 May 11 $1,548 10 Condominiums in Caribbean At Keppel Bay went up by 6% in Aug 12. It is calculated by comparing the average PSF for the latest month (Aug 12) against the average PSF in the last 15 months. The 15- month period is illustrated in the table above. Prepared for on Sep 10, 2012 9 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 In the next table, we list the 30 latest unit transaction details from Caribbean At Keppel Bay. Rows highlighted in yellow refer to the highest and lowest prices in the table. © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Address Size Price PSF Contract Built Tenure Type 32 Keppel Bay Drive Level 4 to 6 SRX 1,334 $2,200k $1,649 Aug 30, 2012 2004 99 years from 16/08/ - 1999 40 Keppel Bay Drive Level 4 to 6 SRX 1,248 $1,880k $1,506 Aug 29, 2012 2004 99 years from 16/08/ - 1999 34 Keppel Bay Drive #01-74 1,722 $3,150k $1,829 Aug 27, 2012 2004 99 Yrs From 16/08/1999 Resale 31 42 Keppel Bay Drive Level 1 to 3 SRX 1,334 $2,040k $1,528 Aug 23, 2012 2004 99 years from 16/08/ - 1999 99 40 Keppel Bay Drive #02-99 1,636 $2,640k $1,614 Aug 16, 2012 2004 99 Yrs From 16/08/1999 Resale 32 Keppel Bay Drive #07-57 1,216 $1,860k $1,529 Aug 13, 2012 2004 99 Yrs From 16/08/1999 Resale 37 44 Keppel Bay Drive #02-124 893 $1,410k $1,578 Aug 10, 2012 2004 99 Yrs From 16/08/1999 Resale 34 Keppel Bay Drive #05-73 1,205 $1,840k $1,526 Aug 7, 2012 2004 99 Yrs From 16/08/1999 Resale 44 KEPPEL BAY DRIVE #04-XX PN - $1,500k - Aug 6, 2012 2004 99 years from 16/08/ - 42 Keppel Bay Drive #04-XX PN 893 $1,500k $1,678 92 Aug 6, 2012 2004 1999 99 years from 16/08/ 1999 - @ 44 Keppel Bay Drive #05-119 839 $1,529k $1,821 Aug 2, 2012 2004 99 Yrs From 16/08/1999 Resale 6 Keppel Bay Drive #04-XX PN 1,280 $1,800k $1,406 Jul 31, 2012 2004 99 years from 16/08/ - 1999 g 46 Keppel Bay Drive #04-130 882 $1,460k $1,654 Jul 24, 2012 2004 99 Yrs From 16/08/1999 Resale on 32 Keppel Bay Drive #02-62 1,334 $2,030k $1,521 Jul 24, 2012 2004 99 Yrs From 16/08/1999 Resale 32 Keppel Bay Drive #01-63 1,485 $2,300k $1,548 Jul 9, 2012 2004 99 Yrs From 16/08/1999 Resale tT 42 Keppel Bay Drive #02-107 1,227 $1,820k $1,483 Jul 6, 2012 2004 99 Yrs From 16/08/1999 Resale 18 Keppel Bay Drive #04-25 1,323 $2,000k $1,511 Jun 25, 2012 2004 99 Yrs From 16/08/1999 Resale 44 Keppel Bay Drive #01-122 1,485 $2,060k $1,387 Jun 22, 2012 2004 99 Yrs From 16/08/1999 Resale en 4 Keppel Bay Drive #05-03 1,280 $1,850k $1,444 Jun 18, 2012 2004 99 Yrs From 16/08/1999 Resale 6 Keppel Bay Drive #06-04 1,646 $2,750k $1,670 May 29, 2012 2004 99 Yrs From 16/08/1999 Resale nc 6 Keppel Bay Drive #05-05 1,280 $1,889k $1,475 May 28, 2012 2004 99 Yrs From 16/08/1999 Resale 32 Keppel Bay Drive #06-58 1,248 $1,900k $1,522 May 28, 2012 2004 99 Yrs From 16/08/1999 Resale Vi 32 Keppel Bay Drive #01-58 1,334 $1,950k $1,461 May 23, 2012 2004 99 Yrs From 16/08/1999 Resale 34 Keppel Bay Drive #05-69 1,216 $1,825k $1,500 May 17, 2012 2004 99 Yrs From 16/08/1999 Resale 46 Keppel Bay Drive #02-126 1,334 $1,825k $1,367 May 15, 2012 2004 99 Yrs From 16/08/1999 Resale 10 Keppel Bay Drive #10-11 1,313 $1,960k $1,493 May 11, 2012 2004 99 Yrs From 16/08/1999 Resale 40 Keppel Bay Drive #01-98 1,732 $2,800k $1,616 May 10, 2012 2004 99 Yrs From 16/08/1999 Resale 44 Keppel Bay Drive #06-124 893 $1,495k $1,673 May 3, 2012 2004 99 Yrs From 16/08/1999 Resale 10 Keppel Bay Drive #05-10 1,280 $1,838k $1,435 Apr 27, 2012 2004 99 Yrs From 16/08/1999 Resale 46 Keppel Bay Drive #05-130 882 $1,419k $1,608 Apr 24, 2012 2004 99 Yrs From 16/08/1999 Resale 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 Prepared for on Sep 10, 2012 10 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 shown in Sub Sales and Resales within the transactions. On average, each higher floor in Caribbean At Keppel Bay fetches a higher price of 0.42%. © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 31 99 37 92 @ g on tT en nc Vi Prepared for on Sep 10, 2012 11 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.4 Which projects are similar to Caribbean At Keppel Bay? Comparable projects are Condominiums that are similar in location, housing type, and age. In © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. establishing a price for a unit in Caribbean At Keppel Bay, it is useful to compare Caribbean At Keppel Bay 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 Caribbean At Keppel Bay. 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 31 is a description of the projects that are most comparable to Caribbean At Keppel Bay. In the next question, we will compare the PSF between the projects. 99 Project Tenure Built City Distance A Caribbean At Keppel Bay 99 years from 16/08/1999 2004 2.26 km 37 B The Pearl @ Mount Faber 99 years from 03/12/2002 2005 1.17 km C (1.09 km away) Reflections At Keppel Bay 99 Years from 15/03/2006 92 2011 2.69 km (0.45 km away) @ g on tT en nc Vi Prepared for on Sep 10, 2012 12 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.5 How are the prices in Caribbean At Keppel Bay compared to other projects? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 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. 31 The average PSF for Caribbean At Keppel Bay was $1,650 in Aug 12. As way of comparison, the range of average PSF for the other projects was $1,146-$1,746 PSF. 99 Project Latest Average PSF 37 Caribbean At Keppel Bay $1,650 (Aug 12) The Pearl @ Mount Faber $1,146 (Jul 12) Reflections At Keppel Bay 92 $1,746 (Aug 12) @ g on tT en nc Vi Prepared for on Sep 10, 2012 13 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.6 What did comparable units in Caribbean At Keppel Bay recently sell for? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Comparable units are other units that are similar in size (up to ±20%) and floor level (up to ±5 floors) to CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. In establishing a price for this unit, it is useful to observe the range of prices for which other comparable units were sold. 31 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. 99 Address Area (sqft) Price PSF Contract 32 Keppel Bay Drive Level 4 to 6 (-) SRX 1,334 $2,200k $1,649 Aug 30, 2012 40 Keppel Bay Drive Level 4 to 6 (-) 1,248 $1,880k $1,506 Aug 29, 2012 37 SRX 42 Keppel Bay Drive Level 1 to 3 (-) SRX 1,334 $2,040k $1,528 Aug 23, 2012 6 Keppel Bay Drive Level 4 to 6 (-) SRX 1,280 $1,800k $1,406 Jul 31, 2012 32 Keppel Bay Drive #02-62 (99 Yrs From 16/08/1999) 18 Keppel Bay Drive #04-25 (99 Yrs From 16/08/1999) 921,334 1,323 $2,030k $2,000k $1,521 $1,511 Jul 24, 2012 Jun 25, 2012 @ 4 Keppel Bay Drive #05-03 (99 Yrs From 16/08/1999) 1,280 $1,850k $1,444 Jun 18, 2012 32 Keppel Bay Drive #01-58 (99 Yrs From 16/08/1999) 1,334 $1,950k $1,461 May 23, 2012 46 Keppel Bay Drive #02-126 (99 Yrs From 16/08/1999) 1,334 $1,825k $1,367 May 15, 2012 g 46 Keppel Bay Drive #04-126 (99 Yrs From 16/08/1999) 1,334 $1,980k $1,483 Apr 18, 2012 on The range of prices for which comparable units sold was $1,800k-$2,200k. tT The PSF range of comparable units sold was $1,367-$1,649. en The median PSF for comparable units sold was $1,494 psf. Based on this amount, a median price based on recent transactions for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 is $ nc 1,994,490 ($ 1,494 psf, 1335sqft). Vi What would a typical mortgage for the Median Price based on recent transactions be? Based on a Median Price of $1,994,490, a 30-year loan at 2.0% interest and 20% downpayment, the monthly mortgage is $5,898. Prepared for on Sep 10, 2012 14 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.7 What did comparable units in other projects recently sell for? Another point of interest is the range of prices for which comparable units in similar projects were © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. sold. Comparable units are similar in size (up to ±20%) and floor level (up to ±5 floors) to CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. 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. 31 Project Address Area Price PSF Contract 99 REFLECTIONS AT 33 Keppel Bay View #07-96 (99 Yrs From 15/03 1,280 $2,255k $1,760 Aug 21, 2012 KEPPEL BAY /2006) REFLECTIONS AT 27 Keppel Bay View #08-80 (99 Yrs From 15/03 1,259 $2,180k $1,731 Aug 15, 2012 37 KEPPEL BAY /2006) THE PEARL @ 9 Mount Faber Road Level 7 to 9 (-) SRX 1,388 $1,630k $1,174 Aug 3, 2012 MOUNT FABER REFLECTIONS AT KEPPEL BAY THE PEARL @ 29 Keppel Bay View #04-87 (99 Yrs From 15/03 /2006) 3 Mount Faber Road #03-08 (99 Yrs From 03/ 921,367 1,356 $2,379k $1,600k $1,740 $1,180 Jul 3, 2012 Jun 25, 2012 @ MOUNT FABER 12/2002) THE PEARL @ 9 Mount Faber Road Level 7 to 9 (-) SRX 1,388 $1,530k $1,102 Jun 21, 2012 MOUNT FABER REFLECTIONS AT 33 Keppel Bay View #09-96 (99 Yrs From 15/03 g 1,388 $2,440k $1,757 May 9, 2012 KEPPEL BAY /2006) on REFLECTIONS AT 25 Keppel Bay View #04-79 (99 Yrs From 15/03 1,313 $1,943k $1,480 Mar 23, 2012 KEPPEL BAY /2006) THE PEARL @ 1 Mount Faber Road #02-01 (99 Yrs From 03/ 1,345 $1,530k $1,137 Mar 1, 2012 tT MOUNT FABER 12/2002) REFLECTIONS AT 25 Keppel Bay View #03-79 (99 Yrs From 15/03 1,323 $1,950k $1,473 Feb 21, 2012 KEPPEL BAY /2006) en The range of prices for which comparable units in similar projects sold was $1,530k-$2,440k. nc The PSF range of comparable units in other similar projects was $1,102-$1,760. Vi Prepared for on Sep 10, 2012 15 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.8 What are sellers asking for in Caribbean At Keppel Bay? As of Sep 10, 2012, there are 307 active listings found for sale that are posted within the last 1 month © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. in Caribbean At Keppel Bay that are complete with pricing and size information. Total Listings in Caribbean At Keppel : 307 Bay PSF Range : $1,103 - $2,112 31 Asking Price Range : $1,440,000 - $9,800,000 99 Days on Market (DOM) Days on market describe the age of a property listing from its first posting. The table below shows a 37 summary of asking PSF for all active listings in Caribbean At Keppel Bay per the DOM interval. (refer to Annex for listing details) 0-30 Days on Market (1 mth) Min. PSF $1,130 Median PSF $1,573 92 Max. PSF $2,093 No. of listings 126 31-60 (2 mths) $1,105 $1,589 $2,112 78 @ 61-90 (3 mths) $1,103 $1,550 $1,881 27 91-120 (4 mths) $1,123 $1,460 $1,752 15 g 121-150 (5 mths) $1,124 $1,407 $1,745 12 on >151 (>6 mths) $1,103 $1,571 $1,881 48 Total Listings 307 tT For listings with days on market less than 2 months, the median asking PSF is $1,574 psf. Based on en this amount, a median price based on listings for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 is $ 2,101,290 ($ 1,574 psf, 1335sqft) Refer to Annex for details on all active listings. nc Vi What would a typical mortgage for the Median Price based on listings be? Based on a Median Price of $2,101,290, a 30-year loan at 2.0% interest and 20% downpayment, the monthly mortgage is $6,213. Prepared for on Sep 10, 2012 16 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1.9 (SUMMARY) How do the price ranges discussed earlier for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 compare with each other? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. In the previous questions, we drilled down from an overall property market trend to unit pricing information for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. We observed the price range of units that are comparable in size and floor levels to our unit. 31 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 Caribbean At Keppel Bay and other 99 similar projects respectively. Ranges 3 & 4 are the HIGH/LOW listing prices for Caribbean At Keppel Bay and other similar projects within the last 1 month. (Note: Listing prices cover ALL units 37 regardless of size or floor levels in the project. Refer to Annex for individual listing details.) Use these charts as a reference to arrive at a pricing solution in which you can take comfort. 92 @ g on tT en nc Vi Prepared for on Sep 10, 2012 17 of 93 Information contained is for general purposes only and does not constitute any investment advice
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    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 2. Renting 2.1 What are rental prices for Condominiums doing? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay is a Condominium in Core Central Region of Singapore. The graph below shows the rental price movements of Condominiums up to 2012Q2 (30 Jun 2012). 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 31 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 99 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 combined, which includes 37 landed homes, apartments, etc. 92 @ g on tT en The table below shows the quarterly change in rental index over the last 1 year. In the most recent nc quarter of 2012Q2, rentals have changed by -0.1% from the previous quarter. Quarter Quarterly Percentage Change Vi Core Central Condominium All Condominium All Private Residential 2012Q2 -0.1% 0.2% 0.3% 2012Q1 0.5% 0.5% 0.3% 2011Q4 0.1% 0.4% 0.4% 2011Q3 0.4% 0.7% 0.8% Prepared for on Sep 10, 2012 18 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 19.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 2.2 How do rental prices in Caribbean At Keppel Bay compare to those found in other similar projects? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. The table below shows the latest and most relevant rental approximations based on official information for Condominiums in Caribbean At Keppel Bay and other similar projects. Rental PSF is derived from official sources. Size projections are based on the selected unit. 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 31 reference point. You should also factor in the direction of the market. Project Size 25th percentile Median 75th percentile 99 Caribbean At Keppel 1 sqft $5.21 $5.60 $6.11 Bay 1,334 sqft $6,954 $7,475 $8,155 37 The Pearl @ Mount 1 sqft $3.85 $4.19 $4.19 Faber 1,334 sqft $5,132 $5,586 $5,586 Reflections At Keppel Bay 1 sqft 1,334 sqft $4.24 $5,659 92 $4.65 $6,206 $5.23 $6,981 @ Footnotes: g 1. StreetSine employs proprietary algorithms to derive the approximations shown above. It combines input data from the Inland Revenue Authority of Singapore (IRAS) with rental on trends from other sources. 2. Projects marked with * have their project rentals estimated from all Condominiums along the tT 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. en 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. nc 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. Vi 5. Actual unit rental depends on other factors such as view, condition and furnishings. Prepared for on Sep 10, 2012 19 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 20.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 2.3 What are units rented for in Caribbean At Keppel Bay? In the table below, we list the latest unit rental transaction details from Caribbean At Keppel Bay. Data © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. is analyzed directly from the property agency. Rows highlighted in yellow refer to the highest and lowest prices in the table. Project Address Size Price PSF Contract CARIBBEAN AT KEPPEL 12 Keppel Bay Drive 1,280 $5,800 $4.53 Sep 7, 2012 31 SRX BAY CARIBBEAN AT KEPPEL 42 Keppel Bay Drive SRX 1,356 $6,800 $5.01 Sep 7, 2012 BAY 99 CARIBBEAN AT KEPPEL 40 Keppel Bay Drive SRX 904 $4,600 $5.09 Sep 2, 2012 BAY 37 CARIBBEAN AT KEPPEL 30 Keppel Bay Drive SRX 1,205 $6,100 $5.06 Aug 31, 2012 BAY CARIBBEAN AT KEPPEL 16 Keppel Bay Drive #08-XX PN 893 $4,700 $5.26 Aug 31, 2012 BAY CARIBBEAN AT KEPPEL BAY 22 Keppel Bay Drive SRX 92 1,076 $5,000 $4.65 Aug 23, 2012 @ CARIBBEAN AT KEPPEL 30 Keppel Bay Drive SRX 839 $4,500 $5.36 Aug 22, 2012 BAY CARIBBEAN AT KEPPEL 4 Keppel Bay Drive SRX 1,280 $7,300 $5.70 Aug 22, 2012 BAY g CARIBBEAN AT KEPPEL 30 Keppel Bay Drive SRX 893 $4,500 $5.04 Aug 19, 2012 on BAY CARIBBEAN AT KEPPEL 40 Keppel Bay Drive SRX 1,248 $6,400 $5.13 Aug 17, 2012 BAY tT CARIBBEAN AT KEPPEL 16 Keppel Bay Drive SRX 871 $4,900 $5.62 Aug 15, 2012 BAY CARIBBEAN AT KEPPEL 42 Keppel Bay Drive 1,334 $6,300 $4.72 Aug 15, 2012 en SRX BAY CARIBBEAN AT KEPPEL 40 Keppel Bay Drive SRX 893 $6,000 $6.72 Aug 14, 2012 nc BAY CARIBBEAN AT KEPPEL 10 Keppel Bay Drive SRX 1,377 $5,500 $3.99 Aug 10, 2012 BAY Vi CARIBBEAN AT KEPPEL 34 Keppel Bay Drive SRX 1,248 $6,480 $5.19 Aug 9, 2012 BAY CARIBBEAN AT KEPPEL 32 Keppel Bay Drive SRX 1,334 $6,100 $4.57 Aug 8, 2012 BAY CARIBBEAN AT KEPPEL 46 Keppel Bay Drive SRX 893 $4,600 $5.15 Aug 6, 2012 BAY CARIBBEAN AT KEPPEL 6 Keppel Bay Drive SRX 1,646 $7,000 $4.25 Aug 1, 2012 BAY CARIBBEAN AT KEPPEL 40 Keppel Bay Drive SRX 893 $4,700 $5.26 Jul 31, 2012 BAY CARIBBEAN AT KEPPEL 30 Keppel Bay Drive SRX 1,216 $6,000 $4.93 Jul 31, 2012 BAY Prepared for on Sep 10, 2012 20 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 21.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 2.4 What are similar units rented for in comparable projects? Comparable units are other rented units that are similar in size (up to ±20%) and floor level (up to ±5 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. floors) to CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. In establishing a rent for this unit, it is useful to observe the range of prices for which other comparable units were rented for. In the table below, we list the latest similar unit rental transaction details in comparable projects. 31 Data is analyzed directly from the property agency. Rows highlighted in yellow refer to the highest and lowest prices in the table. 99 Project Address Size Price PSF Contract THE PEARL @ MOUNT 3 Mount Faber Road 37 SRX 1,388 $5,400 $3.89 Aug 28, 2012 FABER THE PEARL @ MOUNT 3 Mount Faber Road SRX 1,388 $5,400 $3.89 Aug 22, 2012 FABER REFLECTIONS AT KEPPEL BAY 33 Keppel Bay View SRX 92 1,302 $5,300 $4.07 Aug 15, 2012 REFLECTIONS AT 31 Keppel Bay View SRX 1,280 $5,300 $4.14 Aug 15, 2012 @ KEPPEL BAY REFLECTIONS AT 31 Keppel Bay View SRX 1,356 $5,600 $4.13 Aug 13, 2012 KEPPEL BAY g REFLECTIONS AT 31 Keppel Bay View SRX 1,367 $5,500 $4.02 Aug 3, 2012 on KEPPEL BAY REFLECTIONS AT 31 Keppel Bay View SRX 1,291 $6,100 $4.72 Aug 2, 2012 KEPPEL BAY tT REFLECTIONS AT 27 Keppel Bay View SRX 1,302 $5,200 $3.99 Jul 19, 2012 KEPPEL BAY REFLECTIONS AT 27 Keppel Bay View SRX 1,323 $5,000 $3.78 Jun 12, 2012 en KEPPEL BAY REFLECTIONS AT 27 Keppel Bay View SRX 1,323 $5,000 $3.78 Jun 8, 2012 KEPPEL BAY nc Vi Prepared for on Sep 10, 2012 21 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 22.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 2.5 What are landlords asking for in Caribbean At Keppel Bay and other nearby projects? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. As of Sep 10, 2012, there are 255 active rental listings found in Caribbean At Keppel Bay and other nearby projects that are for subletting of the entire unit. The table shows the minimum, median and maximum asking rent PSF in these listings. 31 Min. PSF Median PSF Max. PSF # Listings Caribbean At Keppel Bay $3.10 $5.06 $7.22 255 99 The Pearl @ Mount Faber $3.04 $3.71 $4.68 10 Reflections At Keppel Bay $3.55 $5.08 $7.10 593 37 Total Listings 858 The table shows the minimum, median and maximum asking rents in these listings. Min. Rent 92 Median Rent Max. Rent # Listings @ Caribbean At Keppel Bay $4,500 $6,500 $11,880 255 The Pearl @ Mount Faber $4,900 $6,650 $8,000 10 Reflections At Keppel Bay $4,500 $7,000 $9,900 593 g Total Listings 858 on Refer to Annex for details on all active rental listings. tT en nc Vi Prepared for on Sep 10, 2012 22 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 23.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 2.6 What could the landlord be paying for his monthly mortgage instalments? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. The monthly mortgage based on the last sold price is an indication of part of the current landlord's cost. Address : CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 31 Purchase price : $ 2,200,000 Purchase date : Aug 30, 2012 99 Assumptions Interest rate : 2.0% 37 Down payment : 20% Term of loan : 30 years Monthly mortgage payments : $6,505 per month 92 @ g on tT en nc Vi Prepared for on Sep 10, 2012 23 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 24.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 3. Investing 3.1 What return have owners earned from selling their Caribbean At © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Keppel Bay units? On average, the annual profit/loss experienced for all resale transactions in Caribbean At Keppel Bay was 11.6%. (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 31 and held for at least one year and then resold. Address Area Bought Sold Price Annualized 99 sqft Change Capital Gain 34 Keppel Bay Drive #01-74 1,722 $1,103 psf (Dec 06) $1,829 psf (Aug 12) 65.8% 9.3% 37 40 Keppel Bay Drive #02-99 1,636 $928 psf (Oct 00) $1,613 psf (Aug 12) 73.8% 4.8% 32 Keppel Bay Drive #07-57 1,216 $863 psf (Oct 00) $1,529 psf (Aug 12) 77.1% 4.9% 44 Keppel Bay Drive #02-124 894 $1,420 psf (Oct 09) $1,577 psf (Aug 12) 11.0% 3.8% 34 Keppel Bay Drive #05-73 44 Keppel Bay Drive #05-119 1,206 840 $1,200 psf (Mar 07) $1,628 psf (Oct 10) 92$1,525 psf (Aug 12) $1,820 psf (Aug 12) 27.1% 11.8% 4.5% 6.3% 32 Keppel Bay Drive #02-62 1,335 $900 psf (Sep 00) $1,520 psf (Jul 12) 69.0% 4.5% @ 46 Keppel Bay Drive #04-130 883 $856 psf (Apr 05) $1,653 psf (Jul 12) 93.0% 9.4% 32 Keppel Bay Drive #01-63 1,486 $781 psf (Oct 00) $1,547 psf (Jul 12) 98.1% 6.0% 42 Keppel Bay Drive #02-107 1,227 $1,333 psf (Nov 09) $1,483 psf (Jul 12) 11.2% 4.1% g 18 Keppel Bay Drive #04-25 1,324 $1,500 psf (Oct 07) $1,510 psf (Jun 12) 0.7% 0.2% on 4 Keppel Bay Drive #05-03 1,281 $1,190 psf (Aug 07) $1,444 psf (Jun 12) 21.4% 4.0% 6 Keppel Bay Drive #06-04 1,647 $837 psf (Oct 00) $1,669 psf (May 12) 99.4% 6.1% tT 32 Keppel Bay Drive #06-58 1,248 $1,322 psf (Jun 07) $1,522 psf (May 12) 15.2% 2.9% 6 Keppel Bay Drive #05-05 1,281 $698 psf (Jul 05) $1,474 psf (May 12) 111.2% 11.4% 32 Keppel Bay Drive #01-58 1,335 $779 psf (Oct 00) $1,460 psf (May 12) 87.4% 5.5% en 34 Keppel Bay Drive #05-69 1,217 $851 psf (Oct 00) $1,499 psf (May 12) 76.0% 5.0% 10 Keppel Bay Drive #10-11 1,313 $1,218 psf (Jul 09) $1,492 psf (May 12) 22.5% 7.4% nc 40 Keppel Bay Drive #01-98 1,733 $858 psf (Jan 05) $1,615 psf (May 12) 88.1% 9.0% 44 Keppel Bay Drive #06-124 894 $1,368 psf (Sep 09) $1,672 psf (May 12) 22.2% 7.8% 10 Keppel Bay Drive #05-10 1,281 $685 psf (May 06) $1,434 psf (Apr 12) 109.3% 13.3% Vi 46 Keppel Bay Drive #05-130 882 $966 psf (Nov 00) $1,608 psf (Apr 12) 66.5% 4.5% 46 Keppel Bay Drive #04-126 1,335 $812 psf (Jan 06) $1,483 psf (Apr 12) 82.6% 10.1% 32 Keppel Bay Drive #04-59 1,227 $752 psf (Aug 06) $1,438 psf (Apr 12) 91.2% 12.1% 30 Keppel Bay Drive #07-50 1,357 $935 psf (Oct 00) $1,569 psf (Apr 12) 67.7% 4.6% 30 Keppel Bay Drive #08-45 1,216 $879 psf (Oct 00) $1,480 psf (Apr 12) 68.4% 4.6% 46 Keppel Bay Drive #07-130 883 $1,426 psf (Mar 10) $1,642 psf (Mar 12) 15.1% 7.0% 44 Keppel Bay Drive #08-115 1,356 $1,300 psf (Aug 09) $1,541 psf (Mar 12) 18.6% 6.8% 18 Keppel Bay Drive #03-23 893 $1,422 psf (Nov 07) $1,623 psf (Mar 12) 14.2% 3.1% 24 Keppel Bay Drive #06-33 904 $864 psf (Oct 00) $1,670 psf (Mar 12) 93.3% 5.9% 30 Keppel Bay Drive #01-47 1,130 $1,203 psf (Jan 10) $1,433 psf (Mar 12) 19.1% 8.6% 30 Keppel Bay Drive #01-46 1,131 $789 psf (Sep 05) $1,370 psf (Feb 12) 73.6% 8.9% Prepared for on Sep 10, 2012 24 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 25.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 10 Keppel Bay Drive #06-10 1,281 $1,190 psf (Oct 07) $1,350 psf (Feb 12) 13.5% 3.0% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 32 Keppel Bay Drive #05-56 1,205 $1,124 psf (Apr 07) $1,485 psf (Feb 12) 32.1% 5.9% 34 Keppel Bay Drive #03-73 1,206 $827 psf (Oct 00) $1,540 psf (Jan 12) 86.2% 5.6% 44 Keppel Bay Drive #04-115 1,335 $1,290 psf (Aug 09) $1,610 psf (Dec 11) 24.8% 9.8% 40 Keppel Bay Drive #02-98 1,636 $1,130 psf (Jul 09) $1,650 psf (Dec 11) 46.0% 16.8% 10 Keppel Bay Drive #02-11 1,281 $1,202 psf (Aug 07) $1,428 psf (Dec 11) 18.8% 4.0% 31 42 Keppel Bay Drive #05-112 893 $1,355 psf (Sep 09) $1,573 psf (Dec 11) 16.1% 6.9% 12 Keppel Bay Drive #01-15 2,282 $1,314 psf (Jul 07) $1,402 psf (Nov 11) 6.7% 1.5% 99 44 Keppel Bay Drive #09-118 839 $1,525 psf (Nov 09) $1,644 psf (Nov 11) 7.8% 3.8% 30 Keppel Bay Drive #08-48 1,217 $1,199 psf (Apr 07) $1,462 psf (Oct 11) 21.9% 4.5% 34 Keppel Bay Drive #04-76 893 $840 psf (Oct 00) $1,657 psf (Oct 11) 97.2% 6.4% 37 44 Keppel Bay Drive #01-116 1,485 $1,200 psf (Aug 09) $1,387 psf (Oct 11) 15.6% 7.0% 32 Keppel Bay Drive #06-61 1,206 $869 psf (Oct 00) $1,598 psf (Oct 11) 83.9% 5.7% 40 Keppel Bay Drive #06-99 34 Keppel Bay Drive #05-67 46 Keppel Bay Drive #04-132 3,208 1,669 893 $724 psf (Sep 00) $936 psf (Oct 00) $1,334 psf (May 08) 92$1,246 psf (Oct 11) $1,557 psf (Oct 11) $1,601 psf (Sep 11) 72.1% 66.4% 20.0% 5.0% 4.7% 5.6% @ 16 Keppel Bay Drive #06-22 872 $1,433 psf (Jul 07) $1,649 psf (Sep 11) 15.0% 3.4% 44 Keppel Bay Drive #08-116 1,227 $1,304 psf (Sep 09) $1,487 psf (Sep 11) 14.0% 6.9% 34 Keppel Bay Drive #01-76 1,271 $1,199 psf (Feb 10) $1,333 psf (Sep 11) 11.2% 7.0% g 30 Keppel Bay Drive #08-47 840 $999 psf (Oct 00) $1,738 psf (Sep 11) 73.9% 5.2% on 32 Keppel Bay Drive #03-61 1,248 $1,354 psf (Feb 10) $1,506 psf (Sep 11) 11.2% 6.9% 24 Keppel Bay Drive #01-34 1,830 $1,420 psf (Jul 08) $1,639 psf (Sep 11) 15.4% 4.7% 38 Keppel Bay Drive #01-83 2,691 $817 psf (Feb 06) $1,635 psf (Aug 11) 100.0% 13.4% tT 46 Keppel Bay Drive #05-126 1,335 $1,385 psf (Aug 09) $1,646 psf (Aug 11) 18.8% 8.7% 32 Keppel Bay Drive #06-54 1,357 $892 psf (Oct 00) $1,547 psf (Aug 11) 73.4% 5.2% en 6 Keppel Bay Drive #02-04 1,647 $729 psf (Apr 05) $1,639 psf (Aug 11) 124.8% 13.6% 46 Keppel Bay Drive #09-129 1,270 $624 psf (Sep 04) $1,385 psf (Aug 11) 121.8% 12.2% 30 Keppel Bay Drive #07-43 1,356 $862 psf (Sep 06) $1,589 psf (Aug 11) 84.2% 13.2% nc 44 Keppel Bay Drive #09-119 840 $1,520 psf (Sep 09) $1,869 psf (Aug 11) 23.0% 11.6% 46 Keppel Bay Drive #09-131 1,356 $1,165 psf (Jun 09) $1,585 psf (Aug 11) 36.1% 15.2% Vi 30 Keppel Bay Drive #03-44 1,249 $747 psf (Dec 05) $1,535 psf (Aug 11) 105.4% 13.5% 18 Keppel Bay Drive #08-24 926 $1,328 psf (Jun 07) $1,619 psf (Aug 11) 22.0% 4.9% 20 Keppel Bay Drive #04-26 893 $817 psf (May 05) $1,567 psf (Aug 11) 91.7% 11.1% 16 Keppel Bay Drive #07-22 872 $828 psf (Jul 04) $1,700 psf (Jul 11) 105.3% 10.8% 30 Keppel Bay Drive #02-46 840 $975 psf (Oct 00) $1,797 psf (Jul 11) 84.4% 5.8% 14 Keppel Bay Drive #06-17 1,281 $1,300 psf (Aug 09) $1,545 psf (Jul 11) 18.9% 9.6% 46 Keppel Bay Drive #09-127 893 $861 psf (May 05) $1,679 psf (Jul 11) 94.9% 11.5% 44 Keppel Bay Drive #03-115 1,335 $1,290 psf (Aug 09) $1,513 psf (Jul 11) 17.3% 8.8% 12 Keppel Bay Drive #06-15 1,647 $1,370 psf (Aug 07) $1,517 psf (Jul 11) 10.8% 2.7% 16 Keppel Bay Drive #08-22 872 $934 psf (Oct 00) $1,700 psf (Jul 11) 82.0% 5.7% 12 Keppel Bay Drive #07-13 1,281 $1,410 psf (Aug 07) $1,733 psf (Jun 11) 22.9% 5.5% Prepared for on Sep 10, 2012 25 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 26.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 30 Keppel Bay Drive #01-50 1,475 $774 psf (May 05) $1,410 psf (Jun 11) 82.1% 10.2% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 34 Keppel Bay Drive #01-66 1,733 $1,327 psf (Jul 07) $1,552 psf (Jun 11) 17.0% 4.0% 34 Keppel Bay Drive #05-75 1,669 $928 psf (Oct 00) $1,605 psf (Jun 11) 73.0% 5.2% 10 Keppel Bay Drive #05-12 1,647 $1,262 psf (Sep 08) $1,639 psf (Jun 11) 29.8% 9.8% 36 Keppel Bay Drive #01-82 2,692 $1,399 psf (Jun 10) $1,708 psf (Jun 11) 22.1% 21.9% 14 Keppel Bay Drive #07-17 1,281 $839 psf (Sep 00) $1,451 psf (May 11) 72.9% 5.3% 31 20 Keppel Bay Drive #02-28 1,335 $848 psf (Oct 06) $1,483 psf (May 11) 74.8% 12.9% 4 Keppel Bay Drive #08-02 1,270 $878 psf (Oct 00) $1,574 psf (May 11) 79.4% 5.6% 99 4 Keppel Bay Drive #04-01 1,647 $1,170 psf (Jun 09) $1,517 psf (May 11) 29.7% 14.4% 40 Keppel Bay Drive #04-96 1,227 $1,338 psf (Sep 07) $1,514 psf (May 11) 13.2% 3.4% 10 Keppel Bay Drive #04-12 1,647 $756 psf (Oct 04) $1,608 psf (May 11) 112.7% 12.2% 37 24 Keppel Bay Drive #04-33 893 $923 psf (Oct 06) $1,733 psf (May 11) 87.6% 14.7% 6 Keppel Bay Drive #10-05 1,313 $761 psf (Oct 06) $1,538 psf (May 11) 102.0% 16.7% 30 Keppel Bay Drive #05-52 34 Keppel Bay Drive #02-71 12 Keppel Bay Drive #04-14 893 1,227 1,281 $1,500 psf (Apr 10) $833 psf (Oct 00) $1,366 psf (Oct 07) 92$1,567 psf (May 11) $1,491 psf (May 11) $1,494 psf (Apr 11) 4.5% 79.0% 9.4% 4.3% 5.7% 2.6% @ 44 Keppel Bay Drive #08-113 893 $1,338 psf (Aug 09) $1,567 psf (Apr 11) 17.2% 9.9% 34 Keppel Bay Drive #03-75 1,636 $1,670 psf (Nov 07) $1,671 psf (Apr 11) 0.1% 0.0% 40 Keppel Bay Drive #04-89 893 $1,310 psf (Jul 07) $1,623 psf (Mar 11) 23.9% 5.9% g 36 Keppel Bay Drive #01-79 2,724 $856 psf (Oct 00) $1,671 psf (Mar 11) 95.2% 6.6% on 40 Keppel Bay Drive #04-98 1,636 $1,450 psf (Nov 09) $1,589 psf (Mar 11) 9.6% 6.9% 46 Keppel Bay Drive #09-132 894 $838 psf (Oct 05) $1,530 psf (Mar 11) 82.4% 11.7% 46 Keppel Bay Drive #08-129 1,270 $620 psf (Sep 04) $1,354 psf (Mar 11) 118.2% 12.7% tT 20 Keppel Bay Drive #05-29 872 $1,494 psf (Dec 07) $1,605 psf (Mar 11) 7.4% 2.2% 12 Keppel Bay Drive #05-14 1,281 $1,327 psf (Sep 08) $1,506 psf (Mar 11) 13.5% 5.2% en 32 Keppel Bay Drive #04-64 894 $771 psf (Aug 05) $1,504 psf (Mar 11) 94.9% 12.7% 8 Keppel Bay Drive #01-08 1,377 $835 psf (Nov 06) $1,407 psf (Mar 11) 68.5% 12.9% 8 Keppel Bay Drive #04-08 1,281 $922 psf (Jan 07) $1,537 psf (Mar 11) 66.7% 13.1% nc 30 Keppel Bay Drive #02-47 840 $975 psf (Oct 00) $1,672 psf (Jan 11) 71.6% 5.4% 42 Keppel Bay Drive #05-111 1,335 $1,328 psf (Dec 09) $1,475 psf (Jan 11) 11.0% 9.6% Vi 42 Keppel Bay Drive #02-106 1,227 $1,348 psf (Sep 09) $1,466 psf (Jan 11) 8.8% 6.6% 16 Keppel Bay Drive #03-22 872 $813 psf (Aug 04) $1,548 psf (Jan 11) 90.2% 10.6% 22 Keppel Bay Drive #05-30 893 $821 psf (Oct 04) $1,548 psf (Jan 11) 88.5% 10.7% 40 Keppel Bay Drive #06-100 904 $1,382 psf (Aug 07) $1,680 psf (Jan 11) 21.5% 5.9% 40 Keppel Bay Drive #06-94 1,248 $1,274 psf (Aug 09) $1,466 psf (Jan 11) 15.1% 10.3% 44 Keppel Bay Drive #07-114 1,356 $1,310 psf (Jul 09) $1,474 psf (Jan 11) 12.6% 8.6% 46 Keppel Bay Drive #08-125 893 $1,377 psf (Jul 09) $1,690 psf (Jan 11) 22.8% 15.2% 16 Keppel Bay Drive #06-20 1,334 $892 psf (Feb 06) $1,409 psf (Jan 11) 57.8% 9.8% 32 Keppel Bay Drive #03-54 1,335 $1,460 psf (Jul 07) $1,573 psf (Dec 10) 7.7% 2.2% 24 Keppel Bay Drive #01-36 1,141 $713 psf (Oct 00) $1,375 psf (Dec 10) 93.0% 6.6% 44 Keppel Bay Drive #07-117 1,227 $1,305 psf (Sep 09) $1,475 psf (Dec 10) 13.0% 10.1% Prepared for on Sep 10, 2012 26 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 27.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 30 Keppel Bay Drive #03-52 894 $1,398 psf (Oct 09) $1,532 psf (Dec 10) 9.6% 8.3% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 10 Keppel Bay Drive #06-11 1,281 $689 psf (Jun 05) $1,342 psf (Dec 10) 94.7% 12.9% 30 Keppel Bay Drive #02-42 1,335 $1,300 psf (Aug 07) $1,438 psf (Dec 10) 10.6% 3.1% 34 Keppel Bay Drive #06-66 3,208 $935 psf (Sep 08) $1,302 psf (Dec 10) 39.3% 15.9% 34 Keppel Bay Drive #04-66 1,636 $931 psf (Oct 00) $1,448 psf (Dec 10) 55.5% 4.4% 34 Keppel Bay Drive #02-74 1,636 $1,301 psf (Dec 07) $1,545 psf (Dec 10) 18.7% 6.0% 31 46 Keppel Bay Drive #05-132 893 $821 psf (Jul 05) $1,399 psf (Nov 10) 70.4% 10.4% 44 Keppel Bay Drive #09-113 904 $1,380 psf (Sep 09) $1,526 psf (Nov 10) 10.6% 8.6% 99 22 Keppel Bay Drive #02-31 882 $1,360 psf (Aug 07) $1,507 psf (Nov 10) 10.8% 3.2% 38 Keppel Bay Drive #05-88 3,540 $781 psf (Oct 00) $1,228 psf (Nov 10) 57.1% 4.6% 38 Keppel Bay Drive #05-87 3,121 $777 psf (Oct 00) $1,228 psf (Nov 10) 58.0% 4.6% 37 30 Keppel Bay Drive #09-42 2,584 $662 psf (Oct 05) $1,044 psf (Nov 10) 57.7% 9.4% 32 Keppel Bay Drive #02-56 1,205 $1,391 psf (Aug 07) $1,405 psf (Oct 10) 1.0% 0.3% 30 Keppel Bay Drive #06-44 34 Keppel Bay Drive #02-67 6 Keppel Bay Drive #08-05 1,206 1,636 1,270 $774 psf (Oct 05) $929 psf (Oct 06) $968 psf (Apr 09) 92$1,782 psf (Oct 10) $1,488 psf (Oct 10) $1,480 psf (Oct 10) 130.3% 60.1% 52.8% 18.2% 12.3% 32.5% @ 32 Keppel Bay Drive #07-60 1,216 $779 psf (Jul 05) $1,398 psf (Oct 10) 79.4% 11.9% 34 Keppel Bay Drive #02-76 893 $833 psf (Sep 00) $1,554 psf (Oct 10) 86.5% 6.4% 44 Keppel Bay Drive #05-119 840 $985 psf (Oct 00) $1,628 psf (Oct 10) 65.2% 5.1% g 20 Keppel Bay Drive #05-28 1,335 $1,183 psf (Jul 09) $1,498 psf (Oct 10) 26.6% 20.8% on 24 Keppel Bay Drive #05-34 1,669 $928 psf (Dec 06) $1,608 psf (Sep 10) 73.2% 15.8% 46 Keppel Bay Drive #04-125 893 $927 psf (Oct 06) $1,500 psf (Sep 10) 61.8% 13.3% 38 Keppel Bay Drive #01-88 2,691 $834 psf (Oct 00) $1,534 psf (Sep 10) 83.8% 6.3% tT 32 Keppel Bay Drive #05-55 1,335 $1,100 psf (May 09) $1,498 psf (Sep 10) 36.2% 25.9% 4 Keppel Bay Drive #07-02 1,281 $1,300 psf (Jul 07) $1,451 psf (Sep 10) 11.7% 3.6% en 44 Keppel Bay Drive #03-118 840 $1,310 psf (Aug 09) $1,559 psf (Sep 10) 19.0% 18.0% 36 Keppel Bay Drive #03-77 2,078 $946 psf (Sep 00) $1,924 psf (Aug 10) 103.4% 7.4% 40 Keppel Bay Drive #06-93 1,292 $1,160 psf (May 07) $1,381 psf (Aug 10) 19.0% 5.5% nc 32 Keppel Bay Drive #05-61 1,206 $778 psf (Sep 04) $1,616 psf (Aug 10) 107.7% 13.2% 4 Keppel Bay Drive #04-02 1,280 $1,351 psf (Sep 07) $1,476 psf (Jul 10) 9.2% 3.1% Vi 32 Keppel Bay Drive #07-59 1,248 $770 psf (May 06) $1,465 psf (Jul 10) 90.3% 16.9% 30 Keppel Bay Drive #02-43 1,335 $866 psf (Oct 06) $1,573 psf (Jun 10) 81.5% 17.4% 32 Keppel Bay Drive #04-62 1,335 $1,340 psf (Jun 07) $1,460 psf (Jun 10) 8.9% 2.9% 14 Keppel Bay Drive #06-18 1,647 $1,335 psf (Jun 08) $1,500 psf (Jun 10) 12.3% 5.9% 36 Keppel Bay Drive #01-82 2,691 $821 psf (Oct 00) $1,400 psf (Jun 10) 70.5% 5.7% 14 Keppel Bay Drive #02-16 1,281 $1,288 psf (Nov 07) $1,415 psf (Jun 10) 9.9% 3.7% 16 Keppel Bay Drive #01-19 1,270 $635 psf (Jul 05) $1,302 psf (Jun 10) 104.9% 15.8% 10 Keppel Bay Drive #07-12 1,647 $770 psf (Sep 04) $1,517 psf (Jun 10) 97.0% 12.6% 32 Keppel Bay Drive #06-59 1,249 $680 psf (Sep 05) $1,470 psf (May 10) 116.0% 18.0% 40 Keppel Bay Drive #06-89 904 $1,393 psf (Aug 07) $1,515 psf (May 10) 8.7% 3.1% 12 Keppel Bay Drive #03-13 1,281 $724 psf (Jun 06) $1,397 psf (Apr 10) 92.8% 18.4% Prepared for on Sep 10, 2012 27 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 28.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 24 Keppel Bay Drive #02-35 1,636 $929 psf (Apr 06) $1,528 psf (Apr 10) 64.4% 13.0% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 30 Keppel Bay Drive #02-41 894 $1,096 psf (Apr 07) $1,465 psf (Apr 10) 33.7% 10.0% 32 Keppel Bay Drive #02-55 1,335 $892 psf (Oct 00) $1,498 psf (Apr 10) 67.8% 5.6% 46 Keppel Bay Drive #08-126 1,356 $914 psf (Nov 06) $1,474 psf (Apr 10) 61.3% 14.9% 30 Keppel Bay Drive #05-45 1,216 $769 psf (Nov 04) $1,505 psf (Apr 10) 95.5% 13.2% 32 Keppel Bay Drive #02-59 1,227 $747 psf (Jun 06) $1,379 psf (Apr 10) 84.5% 17.2% 31 40 Keppel Bay Drive #02-95 1,227 $756 psf (Nov 05) $1,427 psf (Apr 10) 88.9% 15.4% 30 Keppel Bay Drive #04-50 1,335 $920 psf (Oct 00) $1,450 psf (Apr 10) 57.4% 4.9% 99 36 Keppel Bay Drive #02-79 2,432 $1,069 psf (Oct 06) $1,768 psf (Apr 10) 65.4% 15.3% 14 Keppel Bay Drive #05-16 1,281 $738 psf (Sep 05) $1,381 psf (Apr 10) 87.1% 14.8% 32 Keppel Bay Drive #02-53 893 $853 psf (Oct 00) $1,545 psf (Apr 10) 81.0% 6.4% 37 40 Keppel Bay Drive #01-91 1,755 $849 psf (Sep 05) $1,324 psf (Apr 10) 55.9% 10.1% 10 Keppel Bay Drive #05-11 1,281 $1,295 psf (Oct 07) $1,366 psf (Apr 10) 5.4% 2.2% 32 Keppel Bay Drive #03-62 10 Keppel Bay Drive #01-10 10 Keppel Bay Drive #04-10 1,335 1,377 1,281 $672 psf (Apr 03) $635 psf (Dec 05) $680 psf (Jun 06) 92$1,486 psf (Apr 10) $1,256 psf (Apr 10) $1,240 psf (Mar 10) 121.0% 97.6% 82.2% 12.1% 17.2% 17.4% @ 32 Keppel Bay Drive #04-60 1,216 $815 psf (Oct 06) $1,397 psf (Mar 10) 71.4% 16.8% 30 Keppel Bay Drive #03-47 839 $979 psf (Oct 00) $1,501 psf (Mar 10) 53.3% 4.6% 32 Keppel Bay Drive #02-54 1,335 $873 psf (Oct 00) $1,450 psf (Mar 10) 66.1% 5.5% g 32 Keppel Bay Drive #03-56 1,205 $857 psf (Sep 00) $1,401 psf (Mar 10) 63.5% 5.3% on 32 Keppel Bay Drive #03-55 1,335 $1,535 psf (Jan 08) $1,460 psf (Mar 10) -4.9% -2.3% 32 Keppel Bay Drive #01-64 1,270 $1,299 psf (Sep 07) $1,288 psf (Mar 10) -0.9% -0.4% 46 Keppel Bay Drive #07-130 882 $869 psf (Apr 05) $1,428 psf (Mar 10) 64.3% 10.7% tT 46 Keppel Bay Drive #06-132 894 $1,395 psf (Feb 08) $1,438 psf (Feb 10) 3.0% 1.5% 34 Keppel Bay Drive #05-70 1,249 $760 psf (Dec 05) $1,400 psf (Feb 10) 84.1% 15.7% en 34 Keppel Bay Drive #04-70 1,227 $1,481 psf (Jul 07) $1,401 psf (Feb 10) -5.4% -2.1% 30 Keppel Bay Drive #03-41 893 $769 psf (Sep 05) $1,489 psf (Feb 10) 93.5% 15.9% 24 Keppel Bay Drive #04-36 872 $866 psf (Oct 00) $1,525 psf (Feb 10) 75.9% 6.2% nc 30 Keppel Bay Drive #04-42 1,335 $1,116 psf (Mar 07) $1,367 psf (Feb 10) 22.5% 7.2% 28 Keppel Bay Drive #04-39 6,138 $961 psf (Oct 00) $1,278 psf (Feb 10) 33.0% 3.1% Vi 34 Keppel Bay Drive #01-76 1,270 $654 psf (Sep 00) $1,200 psf (Feb 10) 83.3% 6.7% 32 Keppel Bay Drive #01-54 1,463 $1,025 psf (Feb 07) $1,353 psf (Feb 10) 32.0% 9.6% 46 Keppel Bay Drive #10-125 904 $1,526 psf (Dec 07) $1,548 psf (Feb 10) 1.4% 0.7% 32 Keppel Bay Drive #03-61 1,249 $1,250 psf (Jun 07) $1,353 psf (Feb 10) 8.2% 3.1% 34 Keppel Bay Drive #02-73 1,206 $1,227 psf (May 07) $1,326 psf (Jan 10) 8.1% 3.0% 46 Keppel Bay Drive #07-131 1,335 $1,333 psf (Jul 07) $1,490 psf (Jan 10) 11.8% 4.4% 32 Keppel Bay Drive #06-64 894 $779 psf (Jun 05) $1,448 psf (Jan 10) 85.8% 14.3% 30 Keppel Bay Drive #08-52 893 $791 psf (Oct 04) $1,433 psf (Jan 10) 81.0% 11.9% 40 Keppel Bay Drive #05-90 1,668 $936 psf (Oct 00) $1,460 psf (Jan 10) 55.9% 4.9% 30 Keppel Bay Drive #05-47 839 $986 psf (Oct 00) $1,451 psf (Jan 10) 47.1% 4.3% 12 Keppel Bay Drive #10-13 1,313 $1,012 psf (Apr 07) $1,294 psf (Jan 10) 27.8% 9.3% Prepared for on Sep 10, 2012 28 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 29.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 16 Keppel Bay Drive #05-21 1,335 $895 psf (Aug 06) $1,400 psf (Dec 09) 56.2% 14.1% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 18 Keppel Bay Drive #03-25 1,324 $752 psf (Oct 05) $1,255 psf (Dec 09) 66.7% 13.0% 6 Keppel Bay Drive #03-06 1,281 $680 psf (Feb 06) $1,249 psf (Nov 09) 83.5% 17.5% 32 Keppel Bay Drive #03-59 1,227 $751 psf (Aug 06) $1,369 psf (Nov 09) 82.1% 20.2% 16 Keppel Bay Drive #01-21 1,561 $1,037 psf (Apr 07) $1,217 psf (Nov 09) 17.3% 6.4% 40 Keppel Bay Drive #04-98 1,636 $949 psf (Sep 05) $1,450 psf (Nov 09) 52.7% 10.8% 31 18 Keppel Bay Drive #07-24 883 $936 psf (Oct 00) $1,245 psf (Nov 09) 33.0% 3.2% 30 Keppel Bay Drive #03-52 893 $1,343 psf (Sep 07) $1,399 psf (Oct 09) 4.2% 1.9% 99 30 Keppel Bay Drive #08-42 1,356 $906 psf (Oct 00) $1,355 psf (Oct 09) 49.5% 4.6% 20 Keppel Bay Drive #07-27 1,357 $887 psf (Nov 04) $1,418 psf (Oct 09) 59.8% 10.0% 30 Keppel Bay Drive #09-45 1,270 $774 psf (Mar 05) $1,313 psf (Sep 09) 69.5% 12.4% 37 20 Keppel Bay Drive #01-29 1,141 $754 psf (Oct 00) $1,183 psf (Sep 09) 56.9% 5.2% 36 Keppel Bay Drive #03-78 1,872 $1,538 psf (Jul 07) $1,741 psf (Sep 09) 13.2% 5.9% 44 Keppel Bay Drive #06-119 16 Keppel Bay Drive #05-20 30 Keppel Bay Drive #03-43 839 1,334 1,335 $990 psf (Oct 00) $887 psf (Apr 06) $846 psf (Sep 05) 92$1,461 psf (Sep 09) $1,364 psf (Sep 09) $1,300 psf (Aug 09) 47.6% 53.8% 53.5% 4.4% 13.5% 11.6% @ 14 Keppel Bay Drive #06-17 1,281 $897 psf (Oct 06) $1,300 psf (Aug 09) 44.8% 13.9% 40 Keppel Bay Drive #06-90 3,207 $1,060 psf (Aug 07) $1,028 psf (Aug 09) -2.9% -1.5% 40 Keppel Bay Drive #03-98 1,636 $943 psf (Sep 05) $1,375 psf (Aug 09) 45.7% 10.1% g 32 Keppel Bay Drive #05-60 1,216 $1,300 psf (Mar 08) $1,350 psf (Aug 09) 3.8% 2.7% on 46 Keppel Bay Drive #05-129 1,270 $603 psf (Sep 04) $1,290 psf (Aug 09) 113.8% 16.8% 40 Keppel Bay Drive #02-94 1,227 $747 psf (Aug 06) $1,303 psf (Aug 09) 74.4% 20.7% 46 Keppel Bay Drive #05-131 1,335 $826 psf (Jul 05) $1,370 psf (Aug 09) 65.8% 13.2% tT 40 Keppel Bay Drive #06-94 1,249 $1,100 psf (May 07) $1,273 psf (Aug 09) 15.7% 6.7% 26 Keppel Bay Drive #05-37 3,122 $784 psf (Aug 04) $960 psf (Aug 09) 22.4% 4.1% en 40 Keppel Bay Drive #06-98 3,209 $969 psf (Jun 07) $1,153 psf (Aug 09) 18.9% 8.5% 40 Keppel Bay Drive #04-97 1,227 $747 psf (Apr 06) $1,222 psf (Jul 09) 63.5% 16.0% 6 Keppel Bay Drive #04-05 1,281 $788 psf (Nov 06) $1,209 psf (Jul 09) 53.5% 17.2% nc 10 Keppel Bay Drive #10-10 1,313 $701 psf (Apr 06) $1,250 psf (Jul 09) 78.1% 19.1% 46 Keppel Bay Drive #08-125 893 $867 psf (Oct 04) $1,377 psf (Jul 09) 58.8% 10.1% Vi 22 Keppel Bay Drive #04-30 893 $817 psf (Nov 04) $1,330 psf (Jul 09) 62.7% 10.9% 30 Keppel Bay Drive #05-42 1,335 $1,300 psf (Jul 08) $1,265 psf (Jul 09) -2.6% -2.6% 10 Keppel Bay Drive #10-11 1,314 $1,027 psf (Feb 07) $1,217 psf (Jul 09) 18.5% 7.2% 40 Keppel Bay Drive #02-98 1,636 $937 psf (Sep 05) $1,130 psf (Jul 09) 20.6% 5.0% 40 Keppel Bay Drive #03-92 1,227 $742 psf (Sep 05) $1,180 psf (Jul 09) 58.9% 12.8% 20 Keppel Bay Drive #05-28 1,334 $866 psf (Sep 06) $1,184 psf (Jul 09) 36.7% 11.6% 40 Keppel Bay Drive #02-90 1,636 $957 psf (Nov 06) $1,100 psf (Jun 09) 14.8% 5.5% 18 Keppel Bay Drive #04-23 894 $814 psf (Jul 05) $1,118 psf (Jun 09) 37.4% 8.5% 46 Keppel Bay Drive #09-131 1,356 $1,300 psf (Jul 07) $1,165 psf (Jun 09) -10.4% -5.6% 8 Keppel Bay Drive #05-08 1,281 $1,405 psf (Jul 07) $1,131 psf (Jun 09) -19.4% -11.0% 46 Keppel Bay Drive #09-125 894 $838 psf (Jul 06) $1,118 psf (May 09) 33.3% 10.7% Prepared for on Sep 10, 2012 29 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 30.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 6 Keppel Bay Drive #03-04 1,647 $824 psf (Oct 00) $1,000 psf (May 09) 21.3% 2.3% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 10 Keppel Bay Drive #04-11 1,280 $681 psf (May 05) $1,031 psf (May 09) 51.4% 10.9% 32 Keppel Bay Drive #05-55 1,335 $908 psf (Sep 00) $1,100 psf (May 09) 21.1% 2.2% 6 Keppel Bay Drive #01-04 2,282 $1,139 psf (Jun 07) $985 psf (Apr 09) -13.5% -7.6% 6 Keppel Bay Drive #08-05 1,271 $802 psf (Nov 06) $967 psf (Apr 09) 20.6% 8.1% 4 Keppel Bay Drive #07-03 1,281 $755 psf (Jul 06) $974 psf (Apr 09) 28.9% 9.6% 31 22 Keppel Bay Drive #01-31 1,076 $1,115 psf (Mar 07) $860 psf (Apr 09) -22.8% -11.9% 40 Keppel Bay Drive #01-100 1,271 $586 psf (Feb 05) $786 psf (Mar 09) 34.1% 7.4% 99 22 Keppel Bay Drive #06-30 894 $1,342 psf (Jun 07) $1,006 psf (Mar 09) -25.0% -15.4% 46 Keppel Bay Drive #05-126 1,335 $817 psf (Sep 05) $898 psf (Feb 09) 9.9% 2.8% 28 Keppel Bay Drive #03-39 2,389 $941 psf (Dec 00) $1,674 psf (Jan 09) 77.8% 7.3% 37 30 Keppel Bay Drive #02-50 1,334 $1,228 psf (Apr 07) $937 psf (Dec 08) -23.8% -15.3% 20 Keppel Bay Drive #01-28 1,560 $775 psf (Oct 00) $1,410 psf (Nov 08) 81.9% 7.7% 36 Keppel Bay Drive #03-79 30 Keppel Bay Drive #08-41 42 Keppel Bay Drive #08-103 2,389 894 2,582 $933 psf (Nov 00) $790 psf (May 05) $711 psf (Nov 00) 92$1,674 psf (Sep 08) $1,230 psf (Sep 08) $1,123 psf (Sep 08) 79.4% 55.6% 57.9% 7.7% 14.0% 6.0% @ 12 Keppel Bay Drive #05-14 1,281 $1,108 psf (Apr 07) $1,327 psf (Sep 08) 19.7% 13.3% 34 Keppel Bay Drive #06-66 3,209 $726 psf (Mar 06) $934 psf (Sep 08) 28.7% 10.9% 10 Keppel Bay Drive #05-12 1,647 $761 psf (Sep 04) $1,262 psf (Sep 08) 65.9% 13.7% g 10 Keppel Bay Drive #02-12 1,647 $971 psf (Dec 06) $1,253 psf (Sep 08) 29.1% 16.4% on 40 Keppel Bay Drive #01-93 1,583 $947 psf (Jan 07) $1,288 psf (Sep 08) 36.0% 20.8% 24 Keppel Bay Drive #01-34 1,830 $833 psf (Jun 05) $1,420 psf (Jul 08) 70.4% 18.4% 30 Keppel Bay Drive #05-42 1,335 $848 psf (May 06) $1,300 psf (Jul 08) 53.2% 21.4% tT 12 Keppel Bay Drive #08-13 1,271 $750 psf (Feb 06) $1,274 psf (Jun 08) 69.8% 25.6% 26 Keppel Bay Drive #03-38 2,077 $962 psf (Nov 00) $1,757 psf (Jun 08) 82.5% 8.2% en 14 Keppel Bay Drive #06-18 1,647 $737 psf (Mar 05) $1,335 psf (Jun 08) 81.1% 20.1% 40 Keppel Bay Drive #01-90 1,754 $850 psf (Sep 05) $1,448 psf (May 08) 70.3% 22.1% 46 Keppel Bay Drive #06-130 883 $864 psf (Jun 05) $1,381 psf (May 08) 59.8% 17.2% nc 34 Keppel Bay Drive #01-73 1,486 $660 psf (Jun 05) $1,345 psf (May 08) 103.8% 27.8% 46 Keppel Bay Drive #04-132 894 $816 psf (Oct 05) $1,333 psf (May 08) 63.2% 20.8% Vi 18 Keppel Bay Drive #08-23 926 $1,058 psf (Mar 07) $1,457 psf (Apr 08) 37.8% 34.8% 14 Keppel Bay Drive #03-17 1,281 $733 psf (Dec 04) $1,288 psf (Apr 08) 75.6% 18.5% 32 Keppel Bay Drive #05-60 1,216 $769 psf (Apr 06) $1,300 psf (Mar 08) 68.8% 31.6% 32 Keppel Bay Drive #05-54 1,335 $888 psf (Oct 00) $1,550 psf (Mar 08) 74.5% 7.8% 30 Keppel Bay Drive #09-44 1,270 $774 psf (Apr 06) $1,299 psf (Mar 08) 67.7% 32.0% 34 Keppel Bay Drive #04-72 1,216 $841 psf (Oct 00) $1,350 psf (Feb 08) 60.4% 6.6% 24 Keppel Bay Drive #04-34 1,636 $953 psf (Oct 06) $1,723 psf (Jan 08) 80.8% 57.8% 26 Keppel Bay Drive #04-38 2,099 $966 psf (Oct 00) $1,691 psf (Jan 08) 74.9% 7.9% 32 Keppel Bay Drive #03-55 1,335 $897 psf (Oct 00) $1,535 psf (Jan 08) 71.0% 7.6% 30 Keppel Bay Drive #04-47 840 $982 psf (Oct 00) $1,607 psf (Jan 08) 63.6% 7.0% 34 Keppel Bay Drive #02-74 1,636 $888 psf (May 06) $1,301 psf (Dec 07) 46.6% 26.1% Prepared for on Sep 10, 2012 30 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 31.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 32 Keppel Bay Drive #04-63 1,335 $852 psf (Sep 06) $1,400 psf (Dec 07) 64.2% 48.7% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 20 Keppel Bay Drive #05-29 872 $920 psf (Oct 00) $1,494 psf (Dec 07) 62.3% 7.0% 20 Keppel Bay Drive #08-29 883 $933 psf (Oct 00) $1,585 psf (Dec 07) 69.8% 7.7% 8 Keppel Bay Drive #09-09 1,271 $711 psf (Sep 04) $1,459 psf (Dec 07) 105.3% 24.7% 34 Keppel Bay Drive #03-75 1,636 $918 psf (Oct 00) $1,670 psf (Nov 07) 81.9% 8.7% 12 Keppel Bay Drive #09-14 1,270 $885 psf (Nov 06) $1,450 psf (Nov 07) 63.7% 61.2% 31 14 Keppel Bay Drive #02-16 1,281 $754 psf (Sep 06) $1,288 psf (Nov 07) 70.8% 62.0% 32 Keppel Bay Drive #04-57 1,216 $851 psf (Oct 00) $1,435 psf (Nov 07) 68.4% 7.7% 99 34 Keppel Bay Drive #06-76 904 $818 psf (Mar 05) $1,509 psf (Oct 07) 84.6% 26.0% 34 Keppel Bay Drive #06-73 1,270 $747 psf (Nov 05) $1,365 psf (Oct 07) 82.5% 35.3% 10 Keppel Bay Drive #03-11 1,281 $676 psf (May 05) $1,288 psf (Oct 07) 90.3% 30.3% 37 8 Keppel Bay Drive #09-08 1,270 $839 psf (Oct 00) $1,380 psf (Oct 07) 64.3% 7.3% 32 Keppel Bay Drive #08-55 2,583 $702 psf (Oct 00) $1,155 psf (Oct 07) 64.4% 7.3% 20 Keppel Bay Drive #06-29 38 Keppel Bay Drive #01-87 12 Keppel Bay Drive #04-14 872 2,217 1,281 $923 psf (Sep 00) $929 psf (Jul 05) $733 psf (Jun 05) 92$1,559 psf (Oct 07) $1,465 psf (Oct 07) $1,366 psf (Oct 07) 68.8% 57.6% 86.2% 7.7% 22.5% 30.9% @ 44 Keppel Bay Drive #04-119 839 $983 psf (Nov 00) $1,389 psf (Oct 07) 41.3% 5.1% 10 Keppel Bay Drive #06-10 1,281 $689 psf (Apr 06) $1,190 psf (Oct 07) 72.6% 44.3% 30 Keppel Bay Drive #04-52 893 $772 psf (Jun 05) $1,366 psf (Oct 07) 76.8% 28.6% g 14 Keppel Bay Drive #07-18 1,647 $742 psf (Jan 05) $1,500 psf (Sep 07) 102.1% 29.7% on 40 Keppel Bay Drive #04-96 1,227 $756 psf (Apr 06) $1,338 psf (Sep 07) 77.0% 49.0% 34 Keppel Bay Drive #04-65 893 $847 psf (Oct 00) $1,377 psf (Sep 07) 62.5% 7.2% 32 Keppel Bay Drive #01-64 1,270 $601 psf (May 05) $1,299 psf (Sep 07) 116.1% 40.0% tT 46 Keppel Bay Drive #08-128 1,271 $709 psf (Jun 05) $1,337 psf (Sep 07) 88.6% 33.1% 30 Keppel Bay Drive #04-48 1,216 $772 psf (Aug 05) $1,504 psf (Sep 07) 94.8% 37.9% en 22 Keppel Bay Drive #03-31 882 $823 psf (Sep 04) $1,501 psf (Sep 07) 82.5% 22.1% 32 Keppel Bay Drive #07-53 893 $870 psf (Oct 00) $1,433 psf (Sep 07) 64.6% 7.5% 36 Keppel Bay Drive #02-77 2,099 $942 psf (Oct 00) $1,650 psf (Sep 07) 75.1% 8.4% nc 40 Keppel Bay Drive #01-89 1,271 $586 psf (May 05) $1,337 psf (Aug 07) 128.0% 44.4% 40 Keppel Bay Drive #06-100 904 $854 psf (Oct 00) $1,382 psf (Aug 07) 61.9% 7.2% Vi 12 Keppel Bay Drive #07-13 1,281 $742 psf (Mar 06) $1,410 psf (Aug 07) 90.0% 58.3% 10 Keppel Bay Drive #02-11 1,281 $672 psf (Jun 05) $1,202 psf (Aug 07) 78.9% 31.2% 40 Keppel Bay Drive #06-89 904 $854 psf (Oct 00) $1,393 psf (Aug 07) 63.2% 7.4% 34 Keppel Bay Drive #03-69 1,249 $775 psf (May 06) $1,230 psf (Aug 07) 58.6% 45.0% 4 Keppel Bay Drive #05-03 1,281 $746 psf (Feb 06) $1,190 psf (Aug 07) 59.3% 36.9% 46 Keppel Bay Drive #02-130 883 $849 psf (Oct 04) $1,379 psf (Jul 07) 62.4% 19.1% 8 Keppel Bay Drive #06-09 1,281 $693 psf (Sep 04) $1,430 psf (Jul 07) 106.2% 28.9% 30 Keppel Bay Drive #07-44 1,206 $778 psf (Feb 06) $1,293 psf (Jul 07) 66.2% 41.2% 34 Keppel Bay Drive #04-70 1,227 $756 psf (Oct 05) $1,481 psf (Jul 07) 96.0% 46.5% 40 Keppel Bay Drive #03-99 1,636 $934 psf (Oct 00) $1,500 psf (Jul 07) 60.6% 7.2% 8 Keppel Bay Drive #05-08 1,281 $696 psf (Sep 04) $1,405 psf (Jul 07) 101.8% 28.1% Prepared for on Sep 10, 2012 31 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 32.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 16 Keppel Bay Drive #06-22 872 $823 psf (Jul 04) $1,433 psf (Jul 07) 74.1% 20.2% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 36 Keppel Bay Drive #03-81 1,873 $870 psf (Mar 06) $1,414 psf (Jul 07) 62.6% 43.7% 36 Keppel Bay Drive #03-78 1,873 $954 psf (Oct 00) $1,537 psf (Jul 07) 61.0% 7.3% 4 Keppel Bay Drive #07-02 1,281 $869 psf (Nov 00) $1,300 psf (Jul 07) 49.5% 6.2% 34 Keppel Bay Drive #06-74 3,208 $734 psf (Nov 05) $1,000 psf (Jul 07) 36.2% 19.8% 12 Keppel Bay Drive #01-13 1,377 $681 psf (Feb 06) $1,198 psf (Jul 07) 75.8% 47.6% 31 32 Keppel Bay Drive #08-62 2,583 $686 psf (Nov 05) $999 psf (Jul 07) 45.6% 24.7% 32 Keppel Bay Drive #03-54 1,335 $877 psf (Oct 00) $1,460 psf (Jul 07) 66.3% 7.8% 99 42 Keppel Bay Drive #04-104 1,205 $770 psf (Oct 04) $1,421 psf (Jul 07) 84.3% 24.7% 16 Keppel Bay Drive #04-19 894 $816 psf (Jun 05) $1,362 psf (Jul 07) 66.8% 27.8% 46 Keppel Bay Drive #09-131 1,356 $951 psf (Nov 00) $1,300 psf (Jul 07) 36.6% 4.8% 37 32 Keppel Bay Drive #03-60 1,249 $827 psf (May 06) $1,250 psf (Jul 07) 51.0% 42.3% 40 Keppel Bay Drive #04-89 893 $755 psf (Sep 05) $1,310 psf (Jul 07) 73.4% 35.9% 12 Keppel Bay Drive #06-14 32 Keppel Bay Drive #03-61 46 Keppel Bay Drive #10-125 1,281 1,249 904 $742 psf (May 05) $756 psf (Feb 05) $873 psf (Nov 04) 92$1,170 psf (Jun 07) $1,250 psf (Jun 07) $1,305 psf (Jun 07) 57.8% 65.2% 49.4% 23.8% 23.8% 16.4% @ 40 Keppel Bay Drive #03-95 1,227 $760 psf (Nov 05) $1,222 psf (Jun 07) 60.8% 33.5% 32 Keppel Bay Drive #08-54 2,583 $671 psf (Nov 05) $960 psf (Jun 07) 43.0% 24.6% 40 Keppel Bay Drive #06-98 3,208 $740 psf (Nov 05) $970 psf (Jun 07) 31.0% 18.0% g 32 Keppel Bay Drive #08-56 1,205 $878 psf (Oct 00) $1,394 psf (Jun 07) 58.7% 7.1% on 8 Keppel Bay Drive #07-09 1,281 $698 psf (Oct 04) $1,303 psf (Jun 07) 86.7% 26.2% 46 Keppel Bay Drive #08-132 893 $835 psf (Oct 05) $1,190 psf (Jun 07) 42.4% 23.8% 40 Keppel Bay Drive #03-96 1,270 $747 psf (Nov 05) $1,200 psf (Jun 07) 60.6% 34.1% tT 32 Keppel Bay Drive #06-58 1,249 $848 psf (Oct 00) $1,321 psf (Jun 07) 55.6% 6.8% 18 Keppel Bay Drive #08-24 926 $922 psf (Oct 00) $1,328 psf (Jun 07) 44.0% 5.6% en 46 Keppel Bay Drive #06-126 1,334 $824 psf (Sep 05) $1,250 psf (Jun 07) 51.7% 27.9% 32 Keppel Bay Drive #04-62 1,335 $910 psf (Oct 00) $1,340 psf (Jun 07) 47.2% 6.0% 40 Keppel Bay Drive #05-98 1,668 $955 psf (Sep 05) $1,276 psf (Jun 07) 33.6% 18.3% nc 34 Keppel Bay Drive #01-70 1,420 $679 psf (Jul 05) $1,211 psf (Jun 07) 78.2% 36.4% 46 Keppel Bay Drive #06-132 893 $825 psf (Oct 05) $1,114 psf (Jun 07) 35.0% 20.5% Vi 30 Keppel Bay Drive #04-41 894 $771 psf (Sep 05) $1,118 psf (May 07) 44.9% 24.1% 14 Keppel Bay Drive #06-16 1,280 $742 psf (Jul 05) $1,123 psf (May 07) 51.2% 24.9% 34 Keppel Bay Drive #02-73 1,205 $746 psf (Nov 05) $1,228 psf (May 07) 64.5% 37.7% 40 Keppel Bay Drive #06-93 1,292 $748 psf (Oct 05) $1,160 psf (May 07) 55.1% 32.0% 42 Keppel Bay Drive #05-105 1,227 $769 psf (Jun 05) $1,287 psf (May 07) 67.2% 31.1% 36 Keppel Bay Drive #05-77 3,541 $762 psf (Oct 00) $1,300 psf (May 07) 70.6% 8.4% 8 Keppel Bay Drive #05-09 1,281 $689 psf (Jan 05) $1,194 psf (May 07) 73.2% 27.2% 18 Keppel Bay Drive #04-24 882 $826 psf (Sep 04) $1,360 psf (May 07) 64.5% 20.6% 40 Keppel Bay Drive #06-94 1,249 $772 psf (Nov 05) $1,100 psf (May 07) 42.3% 26.4% 32 Keppel Bay Drive #05-57 1,217 $854 psf (Sep 00) $1,232 psf (May 07) 44.2% 5.7% 32 Keppel Bay Drive #02-56 1,205 $853 psf (Oct 00) $1,178 psf (May 07) 38.0% 5.0% Prepared for on Sep 10, 2012 32 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 33.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 18 Keppel Bay Drive #05-25 1,325 $808 psf (Oct 04) $1,207 psf (Apr 07) 49.3% 17.0% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 34 Keppel Bay Drive #01-72 1,583 $652 psf (Jun 05) $1,073 psf (Apr 07) 64.5% 30.8% 30 Keppel Bay Drive #08-48 1,217 $794 psf (Aug 05) $1,199 psf (Apr 07) 51.0% 28.4% 30 Keppel Bay Drive #02-50 1,335 $910 psf (Nov 00) $1,228 psf (Apr 07) 34.9% 4.8% 38 Keppel Bay Drive #05-84 3,123 $776 psf (Oct 00) $1,280 psf (Apr 07) 64.9% 8.0% 34 Keppel Bay Drive #02-72 1,216 $755 psf (Nov 05) $1,100 psf (Apr 07) 45.7% 29.6% 31 12 Keppel Bay Drive #01-15 2,282 $634 psf (Jan 05) $999 psf (Apr 07) 57.5% 22.5% 32 Keppel Bay Drive #05-56 1,206 $864 psf (Oct 00) $1,123 psf (Apr 07) 29.9% 4.1% 99 30 Keppel Bay Drive #08-44 1,205 $788 psf (Sep 05) $1,170 psf (Apr 07) 48.4% 29.0% 20 Keppel Bay Drive #03-29 872 $913 psf (Oct 00) $1,318 psf (Apr 07) 44.4% 5.8% 40 Keppel Bay Drive #04-95 1,227 $764 psf (Nov 05) $1,100 psf (Apr 07) 43.9% 28.9% 37 12 Keppel Bay Drive #05-14 1,280 $738 psf (Jun 05) $1,109 psf (Apr 07) 50.2% 25.3% 34 Keppel Bay Drive #06-72 1,270 $831 psf (Oct 00) $984 psf (Apr 07) 18.4% 2.6% 30 Keppel Bay Drive #03-46 32 Keppel Bay Drive #03-57 18 Keppel Bay Drive #08-23 839 1,216 925 $750 psf (Sep 03) $847 psf (Oct 00) $913 psf (Oct 00) 92$1,193 psf (Apr 07) $1,069 psf (Apr 07) $1,059 psf (Mar 07) 59.0% 26.2% 16.0% 13.8% 3.6% 2.3% @ 30 Keppel Bay Drive #05-41 893 $776 psf (Aug 05) $1,050 psf (Mar 07) 35.3% 20.6% 46 Keppel Bay Drive #06-129 1,270 $607 psf (Sep 04) $866 psf (Mar 07) 42.6% 15.0% 46 Keppel Bay Drive #08-130 893 $876 psf (Feb 05) $1,097 psf (Mar 07) 25.3% 11.2% g 8 Keppel Bay Drive #10-09 1,313 $705 psf (Oct 04) $974 psf (Mar 07) 38.1% 14.0% on 34 Keppel Bay Drive #02-65 893 $840 psf (Oct 00) $1,086 psf (Mar 07) 29.2% 4.1% 8 Keppel Bay Drive #02-09 1,281 $676 psf (Nov 04) $1,038 psf (Mar 07) 53.4% 19.9% 22 Keppel Bay Drive #01-31 1,076 $707 psf (Jun 05) $1,115 psf (Mar 07) 57.7% 30.2% tT 34 Keppel Bay Drive #05-73 1,206 $835 psf (Oct 00) $1,200 psf (Mar 07) 43.6% 5.8% 4 Keppel Bay Drive #02-02 1,281 $756 psf (Jun 05) $1,092 psf (Feb 07) 44.5% 24.5% en 34 Keppel Bay Drive #03-76 893 $837 psf (Sep 00) $1,050 psf (Feb 07) 25.4% 3.6% 24 Keppel Bay Drive #06-34 3,207 $726 psf (Dec 05) $975 psf (Feb 07) 34.3% 27.7% 6 Keppel Bay Drive #01-04 2,283 $641 psf (Dec 04) $897 psf (Feb 07) 39.9% 16.9% nc 10 Keppel Bay Drive #03-12 1,646 $752 psf (Sep 04) $1,063 psf (Feb 07) 41.4% 15.5% 6 Keppel Bay Drive #08-04 1,690 $849 psf (Oct 00) $994 psf (Feb 07) 17.0% 2.5% Vi 46 Keppel Bay Drive #10-127 893 $865 psf (Jun 05) $1,013 psf (Feb 07) 17.1% 9.9% 32 Keppel Bay Drive #01-54 1,463 $780 psf (Sep 00) $1,025 psf (Feb 07) 31.3% 4.3% 22 Keppel Bay Drive #01-32 1,518 $688 psf (May 05) $974 psf (Feb 07) 41.5% 22.5% 10 Keppel Bay Drive #10-11 1,313 $701 psf (Oct 04) $1,028 psf (Feb 07) 46.5% 18.0% 34 Keppel Bay Drive #04-71 1,227 $841 psf (Oct 00) $1,075 psf (Feb 07) 27.9% 4.0% 34 Keppel Bay Drive #04-75 1,636 $923 psf (Oct 00) $1,314 psf (Feb 07) 42.3% 5.7% 34 Keppel Bay Drive #06-75 3,207 $712 psf (Oct 00) $1,028 psf (Feb 07) 44.4% 6.0% 24 Keppel Bay Drive #04-35 1,636 $941 psf (Aug 05) $1,130 psf (Jan 07) 20.1% 13.1% 40 Keppel Bay Drive #02-100 893 $747 psf (Oct 04) $890 psf (Jan 07) 19.1% 7.8% 38 Keppel Bay Drive #03-83 2,077 $980 psf (Oct 00) $1,194 psf (Jan 07) 21.8% 3.2% 18 Keppel Bay Drive #06-23 894 $824 psf (Nov 04) $1,118 psf (Jan 07) 35.7% 14.8% Prepared for on Sep 10, 2012 33 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 34.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 8 Keppel Bay Drive #02-08 1,281 $683 psf (Oct 04) $835 psf (Jan 07) 22.2% 9.2% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 20 Keppel Bay Drive #04-29 872 $917 psf (Oct 00) $940 psf (Jan 07) 2.5% 0.4% 8 Keppel Bay Drive #04-08 1,281 $692 psf (Sep 04) $922 psf (Jan 07) 33.3% 13.2% 34 Keppel Bay Drive #01-74 1,723 $840 psf (Jul 04) $1,102 psf (Dec 06) 31.1% 11.6% 10 Keppel Bay Drive #02-12 1,646 $746 psf (Jan 05) $972 psf (Dec 06) 30.3% 14.6% 46 Keppel Bay Drive #07-126 1,335 $829 psf (Jul 05) $943 psf (Dec 06) 13.8% 9.2% 31 24 Keppel Bay Drive #05-34 1,668 $936 psf (Oct 00) $929 psf (Dec 06) -0.8% -0.1% 46 Keppel Bay Drive #07-131 1,334 $838 psf (Nov 04) $937 psf (Dec 06) 11.7% 5.3% 99 36 Keppel Bay Drive #05-81 3,121 $777 psf (Oct 00) $833 psf (Dec 06) 7.2% 1.1% 30 Keppel Bay Drive #09-51 2,583 $677 psf (Jul 05) $813 psf (Dec 06) 20.0% 13.9% 46 Keppel Bay Drive #10-131 2,582 $649 psf (Oct 04) $670 psf (Nov 06) 3.2% 1.5% 37 22 Keppel Bay Drive #03-30 893 $813 psf (Jun 05) $873 psf (Nov 06) 7.3% 4.9% 46 Keppel Bay Drive #10-129 1,280 $629 psf (Sep 04) $742 psf (Nov 06) 18.0% 7.8% 6 Keppel Bay Drive #08-05 6 Keppel Bay Drive #04-05 22 Keppel Bay Drive #06-30 1,270 1,282 893 $715 psf (Jun 05) $692 psf (Jul 05) $825 psf (Oct 04) 92$803 psf (Nov 06) $787 psf (Nov 06) $907 psf (Nov 06) 12.2% 13.7% 9.9% 8.6% 10.0% 4.6% @ 46 Keppel Bay Drive #08-126 1,357 $834 psf (Jun 05) $913 psf (Nov 06) 9.5% 6.8% 12 Keppel Bay Drive #03-14 1,280 $730 psf (Jun 05) $781 psf (Nov 06) 7.0% 5.1% 12 Keppel Bay Drive #09-14 1,270 $760 psf (Jun 05) $885 psf (Nov 06) 16.5% 11.9% g 6 Keppel Bay Drive #04-04 1,647 $828 psf (Oct 00) $1,032 psf (Nov 06) 24.5% 3.7% on 46 Keppel Bay Drive #04-125 893 $848 psf (Jan 05) $927 psf (Oct 06) 9.3% 5.2% 8 Keppel Bay Drive #01-08 1,377 $646 psf (Sep 04) $726 psf (Oct 06) 12.4% 5.7% 6 Keppel Bay Drive #10-05 1,314 $713 psf (Jun 05) $761 psf (Oct 06) 6.6% 4.9% tT 14 Keppel Bay Drive #06-17 1,281 $746 psf (Sep 04) $897 psf (Oct 06) 20.2% 9.2% 24 Keppel Bay Drive #04-34 1,637 $941 psf (Sep 05) $952 psf (Oct 06) 1.2% 1.2% en 14 Keppel Bay Drive #03-18 1,647 $723 psf (Nov 04) $868 psf (Oct 06) 20.0% 10.2% 40 Keppel Bay Drive #03-100 893 $844 psf (Nov 00) $890 psf (Oct 06) 5.4% 0.9% 24 Keppel Bay Drive #04-33 894 $766 psf (Oct 04) $922 psf (Oct 06) 20.4% 9.6% nc 36 Keppel Bay Drive #02-79 2,432 $936 psf (Oct 00) $1,069 psf (Oct 06) 14.2% 2.2% 34 Keppel Bay Drive #01-66 1,733 $842 psf (Sep 00) $908 psf (Oct 06) 7.8% 1.3% Vi 10 Keppel Bay Drive #09-12 4,647 $635 psf (Oct 04) $624 psf (Sep 06) -1.8% -0.9% 18 Keppel Bay Drive #06-24 882 $834 psf (Aug 04) $965 psf (Sep 06) 15.7% 7.2% 22 Keppel Bay Drive #02-31 883 $818 psf (Sep 04) $826 psf (Aug 06) 1.0% 0.5% 46 Keppel Bay Drive #09-125 894 $869 psf (Sep 04) $838 psf (Jul 06) -3.5% -1.9% 30 Keppel Bay Drive #01-51 1,474 $757 psf (Oct 04) $786 psf (Jul 06) 3.9% 2.2% 34 Keppel Bay Drive #02-74 1,636 $912 psf (Oct 00) $888 psf (May 06) -2.7% -0.5% 30 Keppel Bay Drive #09-52 905 $793 psf (Aug 04) $900 psf (May 06) 13.5% 7.8% 30 Keppel Bay Drive #07-51 1,356 $916 psf (Oct 00) $884 psf (Apr 06) -3.4% -0.6% 36 Keppel Bay Drive #03-81 1,874 $954 psf (Oct 00) $869 psf (Mar 06) -8.8% -1.7% 34 Keppel Bay Drive #03-66 1,635 $926 psf (Oct 00) $905 psf (Mar 06) -2.3% -0.4% 38 Keppel Bay Drive #01-83 2,689 $821 psf (Oct 00) $818 psf (Feb 06) -0.4% -0.1% Prepared for on Sep 10, 2012 34 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 35.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Bought Sold Price Annualized sqft Change Capital Gain 38 Keppel Bay Drive #04-85 6,134 $961 psf (Oct 00) $701 psf (Jan 06) -27.1% -5.8% © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 4 Keppel Bay Drive #09-02 1,271 $881 psf (Oct 00) $668 psf (Dec 05) -24.1% -5.2% 32 Keppel Bay Drive #06-59 1,248 $673 psf (Jul 03) $681 psf (Sep 05) 1.2% 0.5% 36 Keppel Bay Drive #03-80 2,390 $941 psf (Oct 00) $1,046 psf (Sep 05) 11.2% 2.2% 8 Keppel Bay Drive #05-07 1,646 $863 psf (Oct 00) $826 psf (Jun 05) -4.3% -0.9% 38 Keppel Bay Drive #04-83 2,099 $958 psf (Sep 00) $786 psf (Apr 05) -18.0% -4.2% 31 6 Keppel Bay Drive #05-04 1,647 $832 psf (Oct 00) $686 psf (Mar 05) -17.6% -4.2% 34 Keppel Bay Drive #06-76 904 $847 psf (Oct 00) $818 psf (Mar 05) -3.4% -0.8% 99 34 Keppel Bay Drive #04-74 1,637 $923 psf (Oct 00) $733 psf (Jan 05) -20.6% -5.3% 24 Keppel Bay Drive #04-33 893 $857 psf (Oct 00) $767 psf (Oct 04) -10.6% -2.8% 24 Keppel Bay Drive #02-33 894 $849 psf (Oct 00) $1,006 psf (Aug 04) 18.5% 4.5% 37 34 Keppel Bay Drive #01-74 1,723 $840 psf (Sep 00) $840 psf (Jul 04) 0.0% 0.0% 30 Keppel Bay Drive #03-46 840 $978 psf (Oct 00) $750 psf (Sep 03) -23.3% -8.8% 32 Keppel Bay Drive #06-59 36 Keppel Bay Drive #02-82 32 Keppel Bay Drive #03-62 1,248 2,099 1,334 $849 psf (Oct 00) $950 psf (Oct 00) $906 psf (Oct 00) 92$673 psf (Jul 03) $786 psf (Jun 03) $673 psf (Apr 03) -20.8% -17.3% -25.7% -8.1% -6.7% -11.2% @ Average Annual Capital Gain 11.6% g on tT en nc Vi Prepared for on Sep 10, 2012 35 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 36.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 3.2 How does the Caribbean At Keppel Bay return compare with returns from sales in comparable projects? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. The table below compares Caribbean At Keppel Bay average annual capital gain of 11.6% per year with that of comparable projects. 31 The comparables benchmark showed a capital gain of 9.1 % per year. 99 (Comparables Benchmark is defined as the overall average of annualized capital gains in comparable 37 projects, including Caribbean At Keppel Bay.) 92 The table below shows the annualized capital gain throughout the history of the project. @ Project First Resale Last Resale Total Resales Avg annual gain Caribbean At Keppel Bay Apr 2003 Aug 2012 458 11.6% The Pearl @ Mount Faber May 2005 Jul 2012 118 14.0% g Reflections At Keppel Bay May 2008 Aug 2012 61 1.6% on The table below shows the average annualized return of homes that were bought and resold in the tT last 3 years and 5 years respectively. en Project Avg annual return for homes bought and resold within last 3 years within last 5 years nc Caribbean At Keppel Bay 7.9% (17 resales) 7.9% (60 resales) The Pearl @ Mount Faber No applicable resales 5.4% (6 resales) Vi Reflections At Keppel Bay 3.2% (2 resales) 0.7% (5 resales) Prepared for on Sep 10, 2012 36 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 37.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 3.3 What is an Average Index Price (AIPTM) for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. The Average Index Price (AIPTM) is an approximation of the current price of the home if the price of the home just followed the movement of the market since it was last purchased. It is one reference point that can help an investor ascertain how far out the recent 31 transactions or asking prices are from the normal average of the market in the long run. AIPTM is not the market price as it has not been adjusted for qualitative and future market considerations. 99 To obtain the AIPTM, the table below shows all the individual units sold in Caribbean At Keppel Bay 37 that are similar in size (± 20%) and floor level (± 1 floor) to CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6. Each unit has its last sold price adjusted by the market changes as described by the most relevant URA price index available. 92 @ g on tT Address Area Last Sold URA Price Index Change Index PSF sqft (2012Q2) en 32 Keppel Bay Drive #04-55 1,334 $904 psf (Sep 00) 39.0% (2000Q3 to 2012Q2) $1,256 psf 34 Keppel Bay Drive #05-68 1,206 $851 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,210 psf nc 34 Keppel Bay Drive #04-73 1,205 $832 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,183 psf 30 Keppel Bay Drive #05-50 1,334 $926 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,317 psf Vi 20 Keppel Bay Drive #05-27 1,335 $916 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,302 psf 32 Keppel Bay Drive #05-62 1,335 $916 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,302 psf 20 Keppel Bay Drive #03-28 1,335 $893 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,270 psf 32 Keppel Bay Drive #04-58 1,227 $841 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,196 psf 32 Keppel Bay Drive #04-56 1,205 $862 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,226 psf 42 Keppel Bay Drive #05-103 1,335 $916 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,302 psf 32 Keppel Bay Drive #03-58 1,226 $838 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,191 psf 34 Keppel Bay Drive #03-71 1,226 $838 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,191 psf 32 Keppel Bay Drive #04-54 1,335 $883 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,255 psf 34 Keppel Bay Drive #05-71 1,249 $845 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,201 psf 34 Keppel Bay Drive #05-72 1,216 $846 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,203 psf Prepared for on Sep 10, 2012 37 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 38.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Last Sold URA Price Index Change Index PSF sqft (2012Q2) 20 Keppel Bay Drive #03-27 1,334 $906 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,288 psf 42 Keppel Bay Drive #05-104 1,205 $873 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,241 psf © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 14 Keppel Bay Drive #05-17 1,281 $832 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,183 psf 30 Keppel Bay Drive #03-50 1,334 $916 psf (Oct 00) 42.2% (2000Q4 to 2012Q2) $1,302 psf 42 Keppel Bay Drive #04-103 1,335 $911 psf (Nov 00) 42.2% (2000Q4 to 2012Q2) $1,295 psf 4 Keppel Bay Drive #05-02 1,281 $862 psf (Nov 00) 42.2% (2000Q4 to 2012Q2) $1,226 psf 8 Keppel Bay Drive #03-08 1,280 $688 psf (Aug 04) 68.7% (2004Q3 to 2012Q2) $1,161 psf 31 30 Keppel Bay Drive #03-51 1,335 $856 psf (Aug 04) 68.7% (2004Q3 to 2012Q2) $1,444 psf 8 Keppel Bay Drive #04-09 1,280 $686 psf (Nov 04) 68.0% (2004Q4 to 2012Q2) $1,152 psf 99 8 Keppel Bay Drive #03-09 1,281 $681 psf (Nov 04) 68.0% (2004Q4 to 2012Q2) $1,144 psf 6 Keppel Bay Drive #03-05 1,280 $690 psf (Nov 04) 68.0% (2004Q4 to 2012Q2) $1,159 psf 14 Keppel Bay Drive #04-17 1,281 $738 psf (Dec 04) 68.0% (2004Q4 to 2012Q2) $1,240 psf 37 30 Keppel Bay Drive #04-45 1,217 $765 psf (Feb 05) 66.3% (2005Q1 to 2012Q2) $1,272 psf 42 Keppel Bay Drive #03-104 1,248 $757 psf (Mar 05) 66.3% (2005Q1 to 2012Q2) $1,259 psf 4 Keppel Bay Drive #03-02 30 Keppel Bay Drive #05-51 32 Keppel Bay Drive #04-61 1,281 1,335 1,206 $760 psf (Apr 05) $868 psf (May 05) $774 psf (May 05) 92 65.2% (2005Q2 to 2012Q2) 65.2% (2005Q2 to 2012Q2) 65.2% (2005Q2 to 2012Q2) $1,255 psf $1,434 psf $1,278 psf @ 30 Keppel Bay Drive #04-51 1,335 $862 psf (May 05) 65.2% (2005Q2 to 2012Q2) $1,424 psf 46 Keppel Bay Drive #04-131 1,335 $821 psf (Jun 05) 65.2% (2005Q2 to 2012Q2) $1,356 psf 6 Keppel Bay Drive #05-06 1,280 $690 psf (Aug 05) 63.5% (2005Q3 to 2012Q2) $1,128 psf g 30 Keppel Bay Drive #05-48 1,216 $777 psf (Aug 05) 63.5% (2005Q3 to 2012Q2) $1,270 psf on 40 Keppel Bay Drive #05-95 1,248 $761 psf (Sep 05) 63.5% (2005Q3 to 2012Q2) $1,244 psf 30 Keppel Bay Drive #05-49 1,206 $770 psf (Sep 05) 63.5% (2005Q3 to 2012Q2) $1,259 psf 40 Keppel Bay Drive #04-41 1,583 $653 psf (Oct 05) 61.6% (2005Q4 to 2012Q2) $1,055 psf tT 14 Keppel Bay Drive #04-16 1,280 $734 psf (Oct 05) 61.6% (2005Q4 to 2012Q2) $1,186 psf 30 Keppel Bay Drive #04-49 1,206 $765 psf (Oct 05) 61.6% (2005Q4 to 2012Q2) $1,236 psf en 30 Keppel Bay Drive #03-49 1,206 $761 psf (Oct 05) 61.6% (2005Q4 to 2012Q2) $1,230 psf 14 Keppel Bay Drive #03-16 1,280 $730 psf (Oct 05) 61.6% (2005Q4 to 2012Q2) $1,180 psf 40 Keppel Bay Drive #04-94 1,227 $756 psf (Mar 06) 59.1% (2006Q1 to 2012Q2) $1,203 psf nc 40 Keppel Bay Drive #05-94 1,248 $761 psf (Mar 06) 59.1% (2006Q1 to 2012Q2) $1,211 psf 4 Keppel Bay Drive #04-03 1,281 $743 psf (Mar 06) 59.1% (2006Q1 to 2012Q2) $1,182 psf Vi 32 Keppel Bay Drive #05-59 1,227 $761 psf (Mar 06) 59.1% (2006Q1 to 2012Q2) $1,211 psf 46 Keppel Bay Drive #03-126 1,336 $806 psf (Mar 06) 59.1% (2006Q1 to 2012Q2) $1,283 psf 16 Keppel Bay Drive #03-20 1,335 $875 psf (Mar 06) 59.1% (2006Q1 to 2012Q2) $1,392 psf 46 Keppel Bay Drive #05-128 1,270 $692 psf (Mar 06) 59.1% (2006Q1 to 2012Q2) $1,101 psf 34 Keppel Bay Drive #03-68 1,248 $737 psf (Apr 06) 57.2% (2006Q2 to 2012Q2) $1,159 psf 40 Keppel Bay Drive #05-96 1,227 $761 psf (Apr 06) 57.2% (2006Q2 to 2012Q2) $1,196 psf 10 Keppel Bay Drive #03-10 1,281 $677 psf (May 06) 57.2% (2006Q2 to 2012Q2) $1,064 psf 30 Keppel Bay Drive #04-44 1,206 $765 psf (May 06) 57.2% (2006Q2 to 2012Q2) $1,203 psf 40 Keppel Bay Drive #05-92 1,227 $752 psf (May 06) 57.2% (2006Q2 to 2012Q2) $1,182 psf 40 Keppel Bay Drive #03-94 1,227 $752 psf (Jun 06) 57.2% (2006Q2 to 2012Q2) $1,182 psf 22 Keppel Bay Drive #04-32 1,324 $768 psf (Jun 06) 57.2% (2006Q2 to 2012Q2) $1,207 psf Prepared for on Sep 10, 2012 38 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 39.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Last Sold URA Price Index Change Index PSF sqft (2012Q2) 30 Keppel Bay Drive #03-42 1,335 $833 psf (Jul 06) 51.4% (2006Q3 to 2012Q2) $1,261 psf 12 Keppel Bay Drive #04-13 1,280 $730 psf (Jul 06) 51.4% (2006Q3 to 2012Q2) $1,105 psf © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 12 Keppel Bay Drive #05-13 1,280 $734 psf (Jul 06) 51.4% (2006Q3 to 2012Q2) $1,111 psf 16 Keppel Bay Drive #03-21 1,334 $883 psf (Sep 06) 51.4% (2006Q3 to 2012Q2) $1,337 psf 16 Keppel Bay Drive #04-21 1,335 $890 psf (Sep 06) 51.4% (2006Q3 to 2012Q2) $1,347 psf 20 Keppel Bay Drive #04-28 1,335 $860 psf (Sep 06) 51.4% (2006Q3 to 2012Q2) $1,302 psf 40 Keppel Bay Drive #04-93 1,228 $786 psf (Sep 06) 51.4% (2006Q3 to 2012Q2) $1,190 psf 31 30 Keppel Bay Drive #05-43 1,335 $858 psf (Sep 06) 51.4% (2006Q3 to 2012Q2) $1,299 psf 30 Keppel Bay Drive #04-43 1,334 $853 psf (Oct 06) 44.2% (2006Q4 to 2012Q2) $1,230 psf 99 44 Keppel Bay Drive #04-08 1,356 $959 psf (Nov 06) 44.2% (2006Q4 to 2012Q2) $1,382 psf 34 Keppel Bay Drive #04-71 1,227 $1,076 psf (Feb 07) 36.5% (2007Q1 to 2012Q2) $1,469 psf 40 Keppel Bay Drive #05-93 1,227 $1,076 psf (Feb 07) 36.5% (2007Q1 to 2012Q2) $1,469 psf 37 34 Keppel Bay Drive #04-69 1,216 $1,100 psf (Feb 07) 36.5% (2007Q1 to 2012Q2) $1,502 psf 6 Keppel Bay Drive #04-06 1,280 $1,031 psf (Mar 07) 36.5% (2007Q1 to 2012Q2) $1,408 psf 12 Keppel Bay Drive #03-14 40 Keppel Bay Drive #03-97 32 Keppel Bay Drive #03-57 1,281 1,259 1,216 $1,132 psf (Mar 07) $1,112 psf (Apr 07) $1,192 psf (Apr 07) 92 36.5% (2007Q1 to 2012Q2) 25.9% (2007Q2 to 2012Q2) 25.9% (2007Q2 to 2012Q2) $1,546 psf $1,400 psf $1,501 psf @ 18 Keppel Bay Drive #05-25 1,325 $1,208 psf (Apr 07) 25.9% (2007Q2 to 2012Q2) $1,521 psf 32 Keppel Bay Drive #05-57 1,217 $1,233 psf (May 07) 25.9% (2007Q2 to 2012Q2) $1,553 psf 8 Keppel Bay Drive #05-09 1,281 $1,194 psf (May 07) 25.9% (2007Q2 to 2012Q2) $1,504 psf g 42 Keppel Bay Drive #05-105 1,227 $1,288 psf (May 07) 25.9% (2007Q2 to 2012Q2) $1,622 psf on 40 Keppel Bay Drive #03-96 1,270 $1,200 psf (Jun 07) 25.9% (2007Q2 to 2012Q2) $1,511 psf 40 Keppel Bay Drive #03-95 1,227 $1,222 psf (Jun 07) 25.9% (2007Q2 to 2012Q2) $1,539 psf 32 Keppel Bay Drive #03-60 1,249 $1,250 psf (Jul 07) 16.7% (2007Q3 to 2012Q2) $1,459 psf tT 42 Keppel Bay Drive #04-104 1,205 $1,421 psf (Jul 07) 16.7% (2007Q3 to 2012Q2) $1,659 psf 34 Keppel Bay Drive #03-69 1,249 $1,230 psf (Aug 07) 16.7% (2007Q3 to 2012Q2) $1,436 psf en 34 Keppel Bay Drive #04-68 1,206 $1,300 psf (Aug 07) 16.7% (2007Q3 to 2012Q2) $1,517 psf 34 Keppel Bay Drive #03-70 1,227 $1,345 psf (Aug 07) 16.7% (2007Q3 to 2012Q2) $1,570 psf 32 Keppel Bay Drive #05-63 1,335 $1,450 psf (Aug 07) 16.7% (2007Q3 to 2012Q2) $1,692 psf nc 30 Keppel Bay Drive #04-48 1,216 $1,505 psf (Sep 07) 16.7% (2007Q3 to 2012Q2) $1,757 psf 40 Keppel Bay Drive #04-92 1,227 $1,365 psf (Oct 07) 8.9% (2007Q4 to 2012Q2) $1,486 psf Vi 10 Keppel Bay Drive #03-11 1,281 $1,288 psf (Oct 07) 8.9% (2007Q4 to 2012Q2) $1,402 psf 32 Keppel Bay Drive #04-57 1,216 $1,435 psf (Nov 07) 8.9% (2007Q4 to 2012Q2) $1,562 psf 40 Keppel Bay Drive #04-95 1,227 $1,532 psf (Nov 07) 8.9% (2007Q4 to 2012Q2) $1,668 psf 32 Keppel Bay Drive #04-63 1,335 $1,400 psf (Dec 07) 8.9% (2007Q4 to 2012Q2) $1,524 psf 34 Keppel Bay Drive #04-72 1,216 $1,350 psf (Feb 08) 5.1% (2008Q1 to 2012Q2) $1,419 psf 32 Keppel Bay Drive #05-54 1,335 $1,551 psf (Mar 08) 5.1% (2008Q1 to 2012Q2) $1,631 psf 14 Keppel Bay Drive #03-17 1,281 $1,288 psf (Apr 08) 5.1% (2008Q2 to 2012Q2) $1,354 psf 40 Keppel Bay Drive #03-93 1,227 $1,250 psf (Apr 08) 5.1% (2008Q2 to 2012Q2) $1,314 psf 20 Keppel Bay Drive #04-27 1,335 $1,124 psf (Feb 09) 39.0% (2009Q1 to 2012Q2) $1,563 psf 10 Keppel Bay Drive #04-11 1,280 $1,031 psf (May 09) 46.4% (2009Q2 to 2012Q2) $1,510 psf 8 Keppel Bay Drive #05-08 1,281 $1,132 psf (Jun 09) 46.4% (2009Q2 to 2012Q2) $1,657 psf Prepared for on Sep 10, 2012 39 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 40.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Last Sold URA Price Index Change Index PSF sqft (2012Q2) 40 Keppel Bay Drive #03-92 1,227 $1,180 psf (Jul 09) 26.3% (2009Q3 to 2012Q2) $1,491 psf 40 Keppel Bay Drive #05-97 1,227 $1,200 psf (Jul 09) 26.3% (2009Q3 to 2012Q2) $1,516 psf © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 40 Keppel Bay Drive #04-97 1,227 $1,222 psf (Jul 09) 26.3% (2009Q3 to 2012Q2) $1,544 psf 46 Keppel Bay Drive #05-131 1,335 $1,371 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,732 psf 46 Keppel Bay Drive #05-129 1,270 $1,290 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,630 psf 44 Keppel Bay Drive #04-121 1,227 $1,302 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,645 psf 32 Keppel Bay Drive #05-60 1,216 $1,350 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,706 psf 31 44 Keppel Bay Drive #05-120 1,227 $1,310 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,655 psf 44 Keppel Bay Drive #05-121 1,227 $1,385 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,750 psf 99 42 Keppel Bay Drive #05-107 1,228 $1,314 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,660 psf 30 Keppel Bay Drive #03-43 1,335 $1,300 psf (Aug 09) 26.3% (2009Q3 to 2012Q2) $1,642 psf 44 Keppel Bay Drive #03-121 1,249 $1,310 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,655 psf 37 42 Keppel Bay Drive #03-111 1,335 $1,300 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,642 psf 44 Keppel Bay Drive #05-117 1,227 $1,270 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,604 psf 42 Keppel Bay Drive #03-110 42 Keppel Bay Drive #05-106 44 Keppel Bay Drive #05-123 1,335 1,227 1,335 $1,310 psf (Sep 09) $1,361 psf (Sep 09) $1,415 psf (Sep 09) 92 26.3% (2009Q3 to 2012Q2) 26.3% (2009Q3 to 2012Q2) 26.3% (2009Q3 to 2012Q2) $1,655 psf $1,719 psf $1,788 psf @ 16 Keppel Bay Drive #05-20 1,334 $1,364 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,723 psf 42 Keppel Bay Drive #03-108 1,227 $1,310 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,655 psf 42 Keppel Bay Drive #05-102 1,334 $1,424 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,799 psf g 44 Keppel Bay Drive #05-116 1,227 $1,293 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,634 psf on 44 Keppel Bay Drive #03-116 1,206 $1,308 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,652 psf 42 Keppel Bay Drive #03-109 1,227 $1,337 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,689 psf 42 Keppel Bay Drive #04-108 1,227 $1,317 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,664 psf tT 42 Keppel Bay Drive #04-107 1,227 $1,370 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,731 psf 42 Keppel Bay Drive #03-107 1,227 $1,364 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,723 psf en 44 Keppel Bay Drive #04-120 1,227 $1,395 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,762 psf 42 Keppel Bay Drive #04-106 1,227 $1,358 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,716 psf 42 Keppel Bay Drive #03-102 1,334 $1,379 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,742 psf nc 34 Keppel Bay Drive #03-72 1,216 $1,283 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,621 psf 42 Keppel Bay Drive #04-110 1,335 $1,355 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,712 psf Vi 44 Keppel Bay Drive #05-122 1,335 $1,452 psf (Sep 09) 26.3% (2009Q3 to 2012Q2) $1,834 psf 42 Keppel Bay Drive #05-109 1,227 $1,353 psf (Oct 09) 18.8% (2009Q4 to 2012Q2) $1,608 psf 44 Keppel Bay Drive #04-116 1,227 $1,271 psf (Oct 09) 18.8% (2009Q4 to 2012Q2) $1,510 psf 44 Keppel Bay Drive #05-114 1,335 $1,340 psf (Oct 09) 18.8% (2009Q4 to 2012Q2) $1,592 psf 42 Keppel Bay Drive #04-109 1,227 $1,353 psf (Oct 09) 18.8% (2009Q4 to 2012Q2) $1,608 psf 46 Keppel Bay Drive #04-128 1,356 $1,198 psf (Oct 09) 18.8% (2009Q4 to 2012Q2) $1,424 psf 44 Keppel Bay Drive #04-122 1,334 $1,431 psf (Oct 09) 18.8% (2009Q4 to 2012Q2) $1,701 psf 42 Keppel Bay Drive #04-102 1,335 $1,420 psf (Nov 09) 18.8% (2009Q4 to 2012Q2) $1,687 psf 32 Keppel Bay Drive #03-59 1,227 $1,369 psf (Nov 09) 18.8% (2009Q4 to 2012Q2) $1,627 psf 6 Keppel Bay Drive #03-06 1,281 $1,249 psf (Nov 09) 18.8% (2009Q4 to 2012Q2) $1,484 psf 42 Keppel Bay Drive #04-111 1,335 $1,322 psf (Nov 09) 18.8% (2009Q4 to 2012Q2) $1,571 psf Prepared for on Sep 10, 2012 40 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 41.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Last Sold URA Price Index Change Index PSF sqft (2012Q2) 6 Keppel Bay Drive #04-05 1,281 $1,288 psf (Nov 09) 18.8% (2009Q4 to 2012Q2) $1,531 psf 18 Keppel Bay Drive #03-25 1,324 $1,255 psf (Dec 09) 18.8% (2009Q4 to 2012Q2) $1,491 psf © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 44 Keppel Bay Drive #04-114 1,335 $1,336 psf (Dec 09) 18.8% (2009Q4 to 2012Q2) $1,588 psf 44 Keppel Bay Drive #05-115 1,335 $1,342 psf (Dec 09) 18.8% (2009Q4 to 2012Q2) $1,595 psf 44 Keppel Bay Drive #03-123 1,335 $1,438 psf (Dec 09) 18.8% (2009Q4 to 2012Q2) $1,709 psf 16 Keppel Bay Drive #05-21 1,335 $1,400 psf (Dec 09) 18.8% (2009Q4 to 2012Q2) $1,664 psf 42 Keppel Bay Drive #03-103 1,335 $1,426 psf (Jan 10) 11.7% (2010Q1 to 2012Q2) $1,592 psf 31 44 Keppel Bay Drive #03-120 1,249 $1,363 psf (Jan 10) 11.7% (2010Q1 to 2012Q2) $1,522 psf 22 Keppel Bay Drive #03-32 1,324 $1,380 psf (Feb 10) 11.7% (2010Q1 to 2012Q2) $1,541 psf 99 44 Keppel Bay Drive #03-122 1,335 $1,417 psf (Feb 10) 11.7% (2010Q1 to 2012Q2) $1,582 psf 42 Keppel Bay Drive #03-106 1,227 $1,459 psf (Feb 10) 11.7% (2010Q1 to 2012Q2) $1,629 psf 30 Keppel Bay Drive #04-42 1,335 $1,367 psf (Feb 10) 11.7% (2010Q1 to 2012Q2) $1,526 psf 37 34 Keppel Bay Drive #04-70 1,227 $1,402 psf (Feb 10) 11.7% (2010Q1 to 2012Q2) $1,566 psf 34 Keppel Bay Drive #05-70 1,249 $1,400 psf (Feb 10) 11.7% (2010Q1 to 2012Q2) $1,563 psf 32 Keppel Bay Drive #03-56 32 Keppel Bay Drive #04-60 10 Keppel Bay Drive #04-10 1,205 1,216 1,281 $1,401 psf (Mar 10) $1,397 psf (Mar 10) $1,240 psf (Mar 10) 92 11.7% (2010Q1 to 2012Q2) 11.7% (2010Q1 to 2012Q2) 11.7% (2010Q1 to 2012Q2) $1,564 psf $1,560 psf $1,385 psf @ 32 Keppel Bay Drive #03-62 1,335 $1,487 psf (Apr 10) 6.5% (2010Q2 to 2012Q2) $1,583 psf 10 Keppel Bay Drive #05-11 1,281 $1,367 psf (Apr 10) 6.5% (2010Q2 to 2012Q2) $1,455 psf 14 Keppel Bay Drive #05-16 1,281 $1,381 psf (Apr 10) 6.5% (2010Q2 to 2012Q2) $1,470 psf g 30 Keppel Bay Drive #04-50 1,335 $1,450 psf (Apr 10) 6.5% (2010Q2 to 2012Q2) $1,544 psf on 30 Keppel Bay Drive #05-45 1,216 $1,505 psf (Apr 10) 6.5% (2010Q2 to 2012Q2) $1,602 psf 30 Keppel Bay Drive #05-42 1,335 $1,461 psf (Apr 10) 6.5% (2010Q2 to 2012Q2) $1,555 psf 12 Keppel Bay Drive #03-13 1,281 $1,397 psf (Apr 10) 6.5% (2010Q2 to 2012Q2) $1,487 psf tT 32 Keppel Bay Drive #03-55 1,334 $1,761 psf (Jun 10) 6.5% (2010Q2 to 2012Q2) $1,875 psf 42 Keppel Bay Drive #04-105 1,227 $1,499 psf (Jun 10) 6.5% (2010Q2 to 2012Q2) $1,596 psf en 32 Keppel Bay Drive #04-62 1,335 $1,461 psf (Jun 10) 6.5% (2010Q2 to 2012Q2) $1,555 psf 4 Keppel Bay Drive #04-02 1,280 $1,476 psf (Jul 10) 5.8% (2010Q3 to 2012Q2) $1,561 psf 42 Keppel Bay Drive #05-110 1,334 $1,450 psf (Jul 10) 5.8% (2010Q3 to 2012Q2) $1,534 psf nc 32 Keppel Bay Drive #05-61 1,206 $1,617 psf (Aug 10) 5.8% (2010Q3 to 2012Q2) $1,710 psf 32 Keppel Bay Drive #05-55 1,335 $1,498 psf (Sep 10) 5.8% (2010Q3 to 2012Q2) $1,584 psf Vi 20 Keppel Bay Drive #05-28 1,335 $1,498 psf (Oct 10) 3.9% (2010Q4 to 2012Q2) $1,556 psf 42 Keppel Bay Drive #05-108 1,227 $1,548 psf (Dec 10) 3.9% (2010Q4 to 2012Q2) $1,608 psf 32 Keppel Bay Drive #03-54 1,335 $1,573 psf (Dec 10) 3.9% (2010Q4 to 2012Q2) $1,634 psf 42 Keppel Bay Drive #05-111 1,335 $1,476 psf (Jan 11) 2.1% (2011Q1 to 2012Q2) $1,508 psf 8 Keppel Bay Drive #04-08 1,281 $1,538 psf (Mar 11) 2.1% (2011Q1 to 2012Q2) $1,571 psf 42 Keppel Bay Drive #03-105 1,270 $1,574 psf (Mar 11) 2.1% (2011Q1 to 2012Q2) $1,608 psf 30 Keppel Bay Drive #03-48 1,216 $1,414 psf (Mar 11) 2.1% (2011Q1 to 2012Q2) $1,444 psf 12 Keppel Bay Drive #05-14 1,281 $1,507 psf (Mar 11) 2.1% (2011Q1 to 2012Q2) $1,539 psf 12 Keppel Bay Drive #04-14 1,281 $1,495 psf (Apr 11) 1.1% (2011Q2 to 2012Q2) $1,512 psf 40 Keppel Bay Drive #04-96 1,227 $1,514 psf (May 11) 1.1% (2011Q2 to 2012Q2) $1,531 psf 32 Keppel Bay Drive #05-58 1,227 $1,524 psf (Jun 11) 1.1% (2011Q2 to 2012Q2) $1,541 psf Prepared for on Sep 10, 2012 41 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 42.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Address Area Last Sold URA Price Index Change Index PSF sqft (2012Q2) 44 Keppel Bay Drive #03-115 1,335 $1,513 psf (Jul 11) 0.0% (2011Q3 to 2012Q2) $1,514 psf 44 Keppel Bay Drive #03-117 1,216 $1,443 psf (Jul 11) 0.0% (2011Q3 to 2012Q2) $1,444 psf © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 30 Keppel Bay Drive #03-44 1,249 $1,536 psf (Aug 11) 0.0% (2011Q3 to 2012Q2) $1,537 psf 46 Keppel Bay Drive #05-126 1,335 $1,647 psf (Aug 11) 0.0% (2011Q3 to 2012Q2) $1,648 psf 32 Keppel Bay Drive #03-61 1,248 $1,506 psf (Sep 11) 0.0% (2011Q3 to 2012Q2) $1,507 psf 44 Keppel Bay Drive #04-115 1,335 $1,611 psf (Dec 11) -0.4% (2011Q4 to 2012Q2) $1,604 psf 34 Keppel Bay Drive #03-73 1,206 $1,541 psf (Jan 12) 0.4% (2012Q1 to 2012Q2) $1,547 psf 31 32 Keppel Bay Drive #05-56 1,205 $1,485 psf (Feb 12) 0.4% (2012Q1 to 2012Q2) $1,491 psf 32 Keppel Bay Drive #04-59 1,227 $1,438 psf (Apr 12) 0.0% (2012Q2 to 2012Q2) $1,438 psf 99 46 Keppel Bay Drive #04-126 1,335 $1,483 psf (Apr 12) 0.0% (2012Q2 to 2012Q2) $1,483 psf 10 Keppel Bay Drive #05-10 1,281 $1,435 psf (Apr 12) 0.0% (2012Q2 to 2012Q2) $1,435 psf 34 Keppel Bay Drive #05-69 1,217 $1,500 psf (May 12) 0.0% (2012Q2 to 2012Q2) $1,500 psf 37 6 Keppel Bay Drive #05-05 1,281 $1,475 psf (May 12) 0.0% (2012Q2 to 2012Q2) $1,475 psf 4 Keppel Bay Drive #05-03 1,281 $1,444 psf (Jun 12) 0.0% (2012Q2 to 2012Q2) $1,444 psf 18 Keppel Bay Drive #04-25 34 Keppel Bay Drive #05-73 1,324 1,206 $1,511 psf (Jun 12) $1,526 psf (Aug 12) 92 0.0% (2012Q2 to 2012Q2) 0.0% (2012Q3 to 2012Q2) $1,511 psf $1,526 psf @ Average Index PSF $1,462 psf Based on an average index PSF of $1,462 psf for all the similar units, the AIP for CARIBBEAN AT g KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 is $1,951,770 ($1,462 psf, 1335 sqft). on What would a typical mortgage for the Index Price be? tT Based on an Index Price of $1,951,770, a 30-year loan at 2.0% interest and 20% downpayment, the monthly mortgage is $5,771. en nc Vi Prepared for on Sep 10, 2012 42 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 43.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 3.4 How does the index price for CARIBBEAN AT KEPPEL BAY, 32 Keppel Bay Drive Level 4 to 6 compare with the other price ranges discussed earlier? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. The chart below shows, in 1 visual, the Index Price and Index Psf with respect to other transacted and listing price ranges discussed earlier. 31 Use these charts as a reference to arrive at a pricing solution in which you can take comfort. 99 37 92 @ g on tT en nc Vi Prepared for on Sep 10, 2012 43 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 44.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 3.5 What are the recent rental yields in Caribbean At Keppel Bay? © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Good property price appreciations are usually associated with higher rental yields. Gross Rental Yield of a property is its rental income 31 divided by its sale price. Net Rental Yield is the rental income minus taxes and 99 expenses, divided by its sale price. 37 Return on Equity (ROE) is the rental income minus taxes & expenses & bank loan interest, divided by the downpayment. It is a precentage measure of the return on the real estate investment property. 92 Project Gross Rental Yield Net Rental Yield Return on Equity @ Caribbean At Keppel Bay 4.39% 3.52% 9.58% The Pearl @ Mount Faber 4.40% 3.52% 9.58% g Reflections At Keppel Bay 3.14% 2.51% 4.57% on The table above shows an estimate of the average comparative rental yield for Condominiums in tT Caribbean At Keppel Bay and other comparable projects. Note: en (a) Assume 20% expenses to obtain net income. This typically covers property taxes, maintenance, insurance, repairs, agent commission. nc (b) Return on Equity (ROE) calculations are based on 80.0% loan at an interest rate of 2.0% per annum. We assume pure interest bank loan with no capital repayment. Vi (c) Projects marked with * have their project rentals estimated from all Condominiums along the same street as the project. For uncompleted projects, this may be an indication of its investment potential. (d) Refer to Annex for the rental yield derivation of Caribbean At Keppel Bay. Prepared for on Sep 10, 2012 44 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 45.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Annex A Rental yield calculations for Condominiums in Caribbean At Keppel Bay © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 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). 31 25th percentile 50th percentile 75th percentile Size* 1,216 sqft 1,248 sqft 1,635 sqft 99 A Sale price* $1,800,000 $1,900,000 $2,640,000 B Down payment (20%) $360,000 $380,000 $528,000 37 C Housing Loan (80.0%) $1,440,000 $1,520,000 $2,112,000 D Yearly interest repayment 2.0% * $1,440,000 2.0% * $1,520,000 2.0% * $2,112,000 (2.0% interest * [C]) = $28,800 = $30,400 = $42,240 E F G Rent (psf) per month Rent (p.m.) [size]x[E] Gross Rent per annum $5.21 $6,337 $76,044 92 $5.60 $6,992 $83,910 $6.11 $9,997 $119,964 @ H 20% expenses $15,209 $16,782 $23,993 I Gross income = [G] - [H] $60,836 $67,128 $95,972 J Net income = [I] - [D] $32,036 $36,728 $53,732 g K Gross Yield = [G] / [A] 4.22% 4.42% 4.54% on L Net Yield = [I] / [A] 3.38% 3.53% 3.64% M Return on Equity (ROE) = 8.90% 9.67% 10.18% [J] / [B] tT Avg Gross Yield: 4.39% Avg Net Yield: 3.52% Avg ROE: 9.58% * Sale Price & Size for each unit is based on the respective Sale PSF percentiles of caveats lodged for the project in the last quarter. en nc Vi Prepared for on Sep 10, 2012 45 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 46.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Annex B All listings are active as at Sep 10, 2012. They are last posted within 1 month from various sources. © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Highlighted in yellow are the highest and lowest asking prices / psf. Sale Listings with similar sizes in Caribbean At Keppel Bay Sale Address Asking PSF Built Bed- Posted Days on sqft rooms Market 31 Caribbean At Keppel Bay $1,500k $1,680 893 2 Sep 10, 2012 35 Caribbean At Keppel Bay $1,524k $1,707 893 2 Sep 10, 2012 9 Caribbean At Keppel Bay $1,880k $1,559 1,206 3 Sep 10, 2012 19 99 Caribbean At Keppel Bay $1,880k $1,532 1,227 3 Sep 10, 2012 5 Caribbean At Keppel Bay $1,900k $1,379 1,378 3 Sep 10, 2012 76 37 Caribbean At Keppel Bay $1,900k $1,570 1,210 3 Sep 10, 2012 10 Caribbean At Keppel Bay $1,900k $1,496 1,270 3 Sep 10, 2012 0 Caribbean At Keppel Bay Caribbean At Keppel Bay Caribbean At Keppel Bay $1,924k $1,924k $1,924k $1,502 $1,568 $1,540 1,281 1,227 1,249 92 3 3 3 Sep 10, 2012 Sep 10, 2012 Sep 10, 2012 178 94 26 @ Caribbean At Keppel Bay $1,930k $1,573 1,227 3 Sep 10, 2012 8 Caribbean At Keppel Bay $1,931k $1,574 1,227 3 Sep 10, 2012 17 Caribbean At Keppel Bay $1,932k $1,575 1,227 3 Sep 10, 2012 8 g Caribbean At Keppel Bay $1,932k $1,402 1,378 3 Sep 10, 2012 116 on Caribbean At Keppel Bay $1,950k $1,418 1,375 3 Sep 10, 2012 2 Caribbean At Keppel Bay $1,950k $1,589 1,227 3 Sep 10, 2012 33 $1,969k $1,429 1,378 3 Sep 10, 2012 37 tT Caribbean At Keppel Bay Caribbean At Keppel Bay $1,990k $1,593 1,249 3 Sep 10, 2012 38 Caribbean At Keppel Bay $1,998k $1,600 1,249 3 Sep 10, 2012 3 en Caribbean At Keppel Bay $1,999k $1,600 1,249 3 Sep 10, 2012 5 Caribbean At Keppel Bay $1,999k $1,522 1,313 3 Sep 10, 2012 38 nc Caribbean At Keppel Bay $2,000k $1,575 1,270 3 Sep 10, 2012 5 Caribbean At Keppel Bay $2,000k $1,645 1,216 3 Sep 10, 2012 42 Caribbean At Keppel Bay $2,100k $1,712 1,227 3 Sep 10, 2012 54 Vi Caribbean At Keppel Bay $2,118k $1,600 1,324 3 Sep 10, 2012 9 Caribbean At Keppel Bay $2,180k $1,633 1,335 3 Sep 10, 2012 4 Caribbean At Keppel Bay $2,200k $1,648 1,335 4 Sep 10, 2012 202 Caribbean At Keppel Bay $2,274k $1,703 1,335 3 Sep 10, 2012 168 Caribbean At Keppel Bay $2,389k $1,820 1,313 3 Sep 10, 2012 73 Caribbean At Keppel Bay $2,389k $1,789 1,335 3 Sep 10, 2012 8 Caribbean At Keppel Bay $2,390k $1,790 1,335 3 Sep 10, 2012 4 Caribbean At Keppel Bay $2,480k $1,589 1,561 3 Sep 10, 2012 358 Caribbean At Keppel Bay $2,800k $1,290 2,170 3 Sep 10, 2012 4 Prepared for on Sep 10, 2012 46 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 47.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $2,800k $1,288 2,174 3 Sep 10, 2012 4 Caribbean At Keppel Bay $2,800k $1,290 2,170 3 Sep 10, 2012 3 Caribbean At Keppel Bay $2,855k $1,105 2,583 3 Sep 10, 2012 46 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $2,900k $1,123 2,583 4 Sep 10, 2012 160 Caribbean At Keppel Bay $2,900k $1,739 1,668 4 Sep 10, 2012 59 Caribbean At Keppel Bay $2,904k $1,124 2,583 4 Sep 10, 2012 123 Caribbean At Keppel Bay $2,950k $1,135 2,600 3 Sep 10, 2012 56 Caribbean At Keppel Bay $3,000k $1,161 2,583 3 Sep 10, 2012 0 31 Caribbean At Keppel Bay $3,500k $1,355 2,583 3 Sep 10, 2012 200 Caribbean At Keppel Bay $7,200k $1,548 4,650 4 Sep 10, 2012 0 99 Caribbean At Keppel Bay $1,600k $1,792 893 2 Sep 9, 2012 163 Caribbean At Keppel Bay $1,810k $1,413 1,281 3 Sep 9, 2012 110 Caribbean At Keppel Bay $1,900k $1,483 1,281 3 Sep 9, 2012 1 37 Caribbean At Keppel Bay $1,900k $1,380 1,377 3 Sep 9, 2012 1 Caribbean At Keppel Bay $1,920k $1,565 1,227 3 Sep 9, 2012 145 Caribbean At Keppel Bay Caribbean At Keppel Bay Caribbean At Keppel Bay $2,000k $2,180k $2,200k $1,460 $1,633 $1,676 1,370 1,335 1,313 92 3 3 3 Sep 9, 2012 Sep 9, 2012 Sep 9, 2012 96 4 303 @ Caribbean At Keppel Bay $2,700k $1,242 2,174 3 Sep 9, 2012 35 Caribbean At Keppel Bay $2,780k $1,688 1,647 4 Sep 9, 2012 17 Caribbean At Keppel Bay $2,800k $1,290 2,170 3 Sep 9, 2012 3 g Caribbean At Keppel Bay $2,850k $1,103 2,583 4 Sep 9, 2012 76 on Caribbean At Keppel Bay $2,850k $1,103 2,583 3 Sep 9, 2012 181 Caribbean At Keppel Bay $3,000k $1,161 2,583 3 Sep 9, 2012 46 tT Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Sep 9, 2012 46 Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Sep 9, 2012 122 Caribbean At Keppel Bay $3,100k $1,426 2,174 3 Sep 9, 2012 46 en Caribbean At Keppel Bay $1,580k $1,881 840 2 Sep 8, 2012 322 Caribbean At Keppel Bay $1,582k $1,750 904 2 Sep 8, 2012 26 nc Caribbean At Keppel Bay $1,850k $1,444 1,281 3 Sep 8, 2012 72 Caribbean At Keppel Bay $1,900k $1,549 1,227 3 Sep 8, 2012 168 Vi Carribean At Keppel Bay $1,900k $1,573 1,208 3 Sep 8, 2012 42 Caribbean At Keppel Bay $1,900k $1,379 1,378 3 Sep 8, 2012 116 Caribbean At Keppel Bay $2,000k $1,523 1,313 3 Sep 8, 2012 62 Caribbean At Keppel Bay $2,030k $1,654 1,227 3 Sep 8, 2012 111 Caribbean At Keppel Bay $2,080k $1,638 1,270 3 Sep 8, 2012 14 Caribbean At Keppel Bay $2,190k $1,668 1,313 3 Sep 8, 2012 11 Caribbean At Keppel Bay $3,180k $1,394 2,282 3 Sep 8, 2012 330 Caribbean At Keppel Bay $5,000k $2,093 2,389 4 Sep 8, 2012 2 Caribbean At Keppel Bay $1,588k $1,776 894 2 Sep 7, 2012 3 Caribbean At Keppel Bay $2,035k $1,550 1,313 3 Sep 7, 2012 70 Prepared for on Sep 10, 2012 47 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 48.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $2,060k $1,622 1,270 3 Sep 7, 2012 47 Caribbean At Keppel Bay $2,100k $1,741 1,206 3 Sep 7, 2012 8 Caribbean At Keppel Bay $2,100k $1,573 1,335 3 Sep 7, 2012 28 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $2,150k $1,610 1,335 3 Sep 7, 2012 14 CARIBBEAN AT KEPPEL BAY $2,800k $1,290 2,170 3 Sep 7, 2012 3 Caribbean At Keppel Bay $2,800k $1,290 2,170 3 Sep 7, 2012 3 Caribbean At Keppel Bay $2,900k $1,123 2,583 4 Sep 7, 2012 449 Caribbean At Keppel Bay $2,920k $1,130 2,583 3 Sep 7, 2012 10 31 CARIBBEAN AT KEPPEL BAY, 46 $3,050k $1,181 2,583 3 Sep 7, 2012 16 Caribbean At Keppel Bay $3,100k $1,426 2,174 3 Sep 7, 2012 20 99 Caribbean At Keppel Bay $3,250k $1,258 2,583 3 Sep 7, 2012 9 Caribbean At Keppel Bay $3,261k $1,500 2,174 3 Sep 7, 2012 26 Caribbean At Keppel Bay $3,409k $1,800 1,894 3 Sep 7, 2012 153 37 Caribbean At Keppel Bay $3,800k $1,659 2,290 3 Sep 7, 2012 73 CARIBBEAN AT KEPPEL BAY CALL - 893 2 Sep 7, 2012 11 Caribbean At Keppel Bay Caribbean At Keppel Bay Caribbean At Keppel Bay $1,530k $1,582k $1,875k $1,713 $1,750 $1,501 893 904 1,249 92 2 2 3 Sep 6, 2012 Sep 6, 2012 Sep 6, 2012 37 4 17 @ Caribbean At Keppel Bay $2,009k $1,530 1,313 3 Sep 6, 2012 61 Caribbean At Keppel Bay $2,150k $1,610 1,335 3 Sep 6, 2012 25 Caribbean At Keppel Bay $2,180k $1,633 1,335 3 Sep 6, 2012 6 g Caribbean At Keppel Bay $2,200k $1,648 1,335 4 Sep 6, 2012 4 on Caribbean At Keppel Bay $2,210k $1,655 1,335 3 Sep 6, 2012 39 Caribbean At Keppel Bay $2,250k $1,685 1,335 3 Sep 6, 2012 237 tT Caribbean At Keppel Bay $2,260k $1,764 1,281 3 Sep 6, 2012 32 Caribbean At Keppel Bay $2,600k $1,196 2,174 3 Sep 6, 2012 75 CARIBBEAN AT KEPPEL BAY, 46 $2,750k $1,737 1,583 3 Sep 6, 2012 4 en Caribbean At Keppel Bay $2,800k $1,290 2,170 3 Sep 6, 2012 4 Caribbean At Keppel Bay $3,000k $1,161 2,584 3 Sep 6, 2012 21 nc Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Sep 6, 2012 53 CARIBBEAN AT KEPPEL BAY, 46 $1,440k $1,613 893 2 Sep 5, 2012 5 Vi Caribbean At Keppel Bay $1,512k $1,800 840 2 Sep 5, 2012 5 Caribbean $1,990k $1,567 1,270 3 Sep 5, 2012 164 CARIBBEAN AT KEPPEL BAY, 44 $2,000k $1,561 1,281 3 Sep 5, 2012 5 CARIBBEAN AT KEPPEL BAY, 44 $2,000k $1,498 1,335 3 Sep 5, 2012 5 Caribbean $2,350k $1,760 1,335 3 Sep 5, 2012 193 Caribbean $2,680k $1,638 1,636 4 Sep 5, 2012 372 Caribbean $2,680k $1,717 1,561 2 Sep 5, 2012 217 Caribbean At Keppel Bay $2,700k $1,244 2,170 3 Sep 5, 2012 5 Caribbean At Keppel Bay $2,800k $1,290 2,170 3 Sep 5, 2012 5 Caribbean At Keppel Bay $2,919k $1,750 1,668 4 Sep 5, 2012 55 Prepared for on Sep 10, 2012 48 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 49.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $3,027k $1,850 1,636 4 Sep 5, 2012 55 Caribbean At Keppel Bay $3,100k $1,426 2,174 3 Sep 5, 2012 348 Caribbean At Keppel Bay $3,100k $1,200 2,583 4 Sep 5, 2012 26 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $3,200k $1,402 2,282 3 Sep 5, 2012 34 Caribbean $3,680k $1,613 2,282 3 Sep 5, 2012 373 Caribbean At Keppel Bay $3,950k $2,109 1,873 4 Sep 5, 2012 55 Caribbean At Keppel Bay $4,200k $1,309 3,207 4 Sep 5, 2012 357 Caribbean At Keppel Bay $4,480k $1,397 3,207 4 Sep 5, 2012 296 31 CARIBBEAN AT KEPPEL BAY CALL - 1,227 3 Sep 5, 2012 5 Caribbean At Keppel Bay $1,880k $1,531 1,228 3 Sep 4, 2012 27 99 Caribbean At Keppel Bay $1,900k $1,484 1,280 3 Sep 4, 2012 11 Caribbean At Keppel Bay $2,050k $1,614 1,270 3 Sep 4, 2012 54 Caribbean At Keppel Bay $2,150k $1,612 1,334 3 Sep 4, 2012 6 37 Caribbean At Keppel Bay $2,200k $1,732 1,270 3 Sep 4, 2012 84 Caribbean At Keppel Bay $3,200k $1,239 2,583 3 Sep 4, 2012 66 Caribbean At Keppel Bay Caribbean At Keppel Bay Caribbean At Keppel Bay $3,600k $1,500k $1,900k $1,394 $1,659 $1,483 2,583 904 1,281 92 3 2 3 Sep 4, 2012 Sep 3, 2012 Sep 3, 2012 35 7 192 @ Caribbean At Keppel Bay $1,960k $1,530 1,281 3 Sep 3, 2012 116 Caribbean At Keppel Bay $1,992k $1,594 1,250 3 Sep 3, 2012 36 CARIBBEAN AT KEPPEL BAY $2,150k $1,610 1,335 3 Sep 3, 2012 58 g Caribbean At Keppel Bay $2,200k $1,648 1,335 4 Sep 3, 2012 7 on Caribbean At Keppel Bay $3,000k $1,315 2,282 3 Sep 3, 2012 39 Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Sep 3, 2012 34 tT Caribbean At Keppel Bay $4,000k $2,112 1,894 4 Sep 3, 2012 47 Caribbean At Keppel Bay $1,580k $1,769 893 2 Sep 2, 2012 198 Caribbean At Keppel Bay $1,860k $1,516 1,227 3 Sep 2, 2012 21 en Caribbean At Keppel Bay $2,000k $1,444 1,385 3 Sep 2, 2012 8 CARIBBEAN AT KEPPEL BAY, 46 $2,000k $1,523 1,313 3 Sep 2, 2012 8 nc Caribbean At Keppel Bay $2,050k $1,600 1,281 3 Sep 2, 2012 38 Caribbean At Keppel Bay $3,000k $1,161 2,583 3 Sep 2, 2012 25 Vi CARIBBEAN AT KEPPEL BAY $3,100k $1,200 2,583 3 Sep 2, 2012 8 Caribbean At Keppel Bay $3,100k $1,426 2,174 3 Sep 2, 2012 240 Caribbean At Keppel Bay $3,400k $1,316 2,583 4 Sep 2, 2012 58 Caribbean At Keppel Bay $3,600k $1,578 2,282 3 Sep 2, 2012 8 Caribbean $5,000k $1,559 3,208 4 Sep 2, 2012 58 Caribbean At Keppel Bay $1,580k $1,881 840 2 Sep 1, 2012 8 CARIBBEAN AT KEPPEL BAY $1,650k $1,848 893 2 Sep 1, 2012 23 CARIBBEAN AT KEPPEL BAY $1,880k $1,275 1,475 3 Sep 1, 2012 16 CARIBBEAN AT KEPPEL BAY $1,920k $1,393 1,378 3 Sep 1, 2012 9 Caribbean At Keppel Bay $1,960k $1,597 1,227 3 Sep 1, 2012 93 Prepared for on Sep 10, 2012 49 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 50.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $2,000k $1,429 1,400 2 Sep 1, 2012 9 CARIBBEAN AT KEPPEL BAY $2,300k $1,752 1,313 3 Sep 1, 2012 71 Caribbean At Keppel Bay $2,600k $1,196 2,174 3 Sep 1, 2012 124 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $2,680k $1,638 1,636 4 Sep 1, 2012 9 Caribbean At Keppel Bay $2,700k $1,242 2,174 3 Sep 1, 2012 21 Caribbean At Keppel Bay $2,981k $1,154 2,583 4 Sep 1, 2012 131 Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Sep 1, 2012 39 CARIBBEAN AT KEPPEL BAY $3,250k $1,258 2,583 3 Sep 1, 2012 98 31 Caribbean At Keppel Bay $3,600k $1,394 2,583 3 Sep 1, 2012 271 CARIBBEAN AT KEPPEL BAY $1,880k $1,505 1,249 3 Aug 31, 2012 127 99 Caribbean At Keppel Bay $2,000k $1,601 1,249 3 Aug 31, 2012 17 Caribbean At Keppel Bay $2,000k $1,630 1,227 3 Aug 31, 2012 17 CARIBBEAN AT KEPPEL BAY, 46 $3,100k $1,200 2,583 3 Aug 31, 2012 29 37 CARIBBEAN AT KEPPEL BAY $3,100k $1,200 2,583 3 Aug 31, 2012 35 Caribbean At Keppel Bay $3,300k $1,278 2,583 3 Aug 31, 2012 52 Caribbean At Keppel Bay CARIBBEAN AT KEPPEL BAY Caribbean At Keppel Bay $3,500k CALL $1,680k $1,355 - $2,000 2,583 1,636 840 92 4 4 2 Aug 31, 2012 Aug 31, 2012 Aug 30, 2012 128 18 38 @ Caribbean At Keppel Bay $1,888k $1,487 1,270 3 Aug 30, 2012 45 Caribbean At Keppel Bay $2,000k $1,574 1,271 2 Aug 30, 2012 11 Caribbean At Keppel Bay $2,000k $1,630 1,227 3 Aug 30, 2012 52 g Caribbean At Keppel Bay $2,000k $1,523 1,313 3 Aug 30, 2012 66 on Caribbean At Keppel Bay $2,390k $1,797 1,330 3 Aug 30, 2012 36 Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Aug 30, 2012 33 tT Caribbean At Keppel Bay $9,800k $1,597 6,135 4 Aug 30, 2012 359 Caribbean At Keppel Bay $1,500k $1,680 893 2 Aug 29, 2012 39 Caribbean At Keppel Bay $1,550k $1,847 839 2 Aug 29, 2012 12 en Caribbean At Keppel Bay $3,100k $1,457 2,127 3 Aug 29, 2012 12 CARIBBEAN AT KEPPEL BAY $3,100k $1,201 2,582 3 Aug 29, 2012 22 nc Caribbean At Keppel Bay $1,830k $1,429 1,281 3 Aug 28, 2012 356 Caribbean At Keppel Bay $1,950k $1,589 1,227 3 Aug 28, 2012 56 Vi CARIBBEAN AT KEPPEL BAY $1,980k $1,546 1,281 3 Aug 28, 2012 13 Caribbean At Keppel Bay $2,200k $1,648 1,335 3 Aug 28, 2012 126 Caribbean At Keppel Bay $2,330k $1,745 1,335 3 Aug 28, 2012 129 Caribbean At Keppel Bay $2,900k $1,123 2,583 3 Aug 28, 2012 598 CARIBBEAN AT KEPPEL BAY, 46 $3,100k $1,200 2,583 3 Aug 28, 2012 38 Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Aug 28, 2012 70 Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Aug 28, 2012 68 Caribbean At Keppel Bay $1,500k $1,786 840 2 Aug 27, 2012 14 Caribbean At Keppel Bay $1,550k $1,736 893 2 Aug 27, 2012 287 Caribbean At Keppel Bay $1,840k $1,436 1,281 3 Aug 27, 2012 65 Prepared for on Sep 10, 2012 50 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 51.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $1,990k $1,553 1,281 3 Aug 27, 2012 14 Caribbean At Keppel Bay $2,100k $1,741 1,206 3 Aug 27, 2012 43 Caribbean At Keppel Bay $2,190k $1,640 1,335 3 Aug 27, 2012 28 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $2,365k $1,801 1,313 3 Aug 27, 2012 27 Caribbean At Keppel Bay $1,830k $1,429 1,281 3 Aug 26, 2012 26 Caribbean At Keppel Bay $1,680k $1,881 893 2 Aug 25, 2012 86 Caribbean At Keppel Bay $1,889k $1,540 1,227 3 Aug 25, 2012 26 Caribbean At Keppel Bay $1,950k $1,522 1,281 3 Aug 25, 2012 358 31 Caribbean At Keppel Bay $1,980k $1,585 1,249 3 Aug 25, 2012 57 Caribbean At Keppel Bay $2,100k $1,653 1,270 3 Aug 25, 2012 23 99 Caribbean At Keppel Bay $2,250k $1,659 1,356 3 Aug 25, 2012 31 Caribbean At Keppel Bay $2,800k $1,711 1,636 4 Aug 25, 2012 60 CARIBBEAN AT KEPPEL BAY CALL - - 3 Aug 25, 2012 16 37 Caribbean At Keppel Bay $1,900k $1,496 1,270 3 Aug 24, 2012 17 Caribbean At Keppel Bay $1,949k $1,414 1,378 3 Aug 24, 2012 59 Caribbean At Keppel Bay CARIBBEAN AT KEPPEL BAY Caribbean At Keppel Bay $2,086k $2,100k $3,100k $1,700 $1,525 $1,200 1,227 1,377 2,583 92 3 3 4 Aug 24, 2012 Aug 24, 2012 Aug 24, 2012 17 17 17 @ CARIBBEAN AT KEPPEL BAY $3,100k $1,200 2,583 4 Aug 24, 2012 17 CARIBBEAN AT KEPPEL BAY $3,200k $1,239 2,583 3 Aug 24, 2012 17 Caribbean At Keppel Bay $3,300k $1,518 2,174 3 Aug 24, 2012 248 g Caribbean At Keppel Bay $2,080k $1,556 1,337 3 Aug 23, 2012 56 on Caribbean At Keppel Bay $2,140k $1,603 1,335 3 Aug 23, 2012 90 Caribbean At Keppel Bay $3,100k $1,200 2,583 3 Aug 23, 2012 56 tT Caribbean At Keppel Bay $3,120k $1,208 2,583 3 Aug 23, 2012 106 CARIBBEAN AT KEPPEL BAY CALL - 1,755 4 Aug 23, 2012 18 Caribbean At Keppel Bay $1,856k $1,534 1,210 3 Aug 22, 2012 34 en CARIBBEAN AT KEPPEL BAY $1,900k $1,563 1,216 3 Aug 22, 2012 76 Caribbean At Keppel Bay $1,930k $1,507 1,281 3 Aug 22, 2012 44 nc Caribbean At Keppel Bay $1,990k $1,516 1,313 3 Aug 22, 2012 58 Caribbean At Keppel Bay $2,150k $1,752 1,227 3 Aug 22, 2012 193 Vi Caribbean At Keppel Bay $2,225k $1,667 1,335 4 Aug 22, 2012 42 Caribbean At Keppel Bay $2,250k $1,686 1,335 4 Aug 22, 2012 487 Caribbean At Keppel Bay $3,000k $1,132 2,650 3 Aug 22, 2012 23 Caribbean At Keppel Bay $3,580k $1,385 2,584 4 Aug 22, 2012 64 Caribbean At Keppel Bay $3,600k $1,901 1,894 4 Aug 22, 2012 19 Caribbean At Keppel Bay $3,600k $1,901 1,894 4 Aug 22, 2012 26 Caribbean At Keppel Bay $1,960k $1,530 1,281 3 Aug 21, 2012 20 Caribbean At Keppel Bay $2,000k $1,575 1,270 3 Aug 21, 2012 192 Caribbean At Keppel Bay $2,100k $1,525 1,377 3 Aug 21, 2012 20 Caribbean At Keppel Bay $2,200k $1,517 1,450 2 Aug 21, 2012 36 Prepared for on Sep 10, 2012 51 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 52.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $2,489k $1,814 1,372 2 Aug 21, 2012 20 Caribbean At Keppel Bay $3,000k $1,161 2,583 4 Aug 21, 2012 20 Caribbean At Keppel Bay $3,000k $1,161 2,583 3 Aug 21, 2012 123 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $2,700k $1,242 2,174 3 Aug 20, 2012 21 Caribbean At Keppel Bay $2,900k $1,123 2,583 3 Aug 20, 2012 102 Caribbean At Keppel Bay $3,450k $1,661 2,077 4 Aug 20, 2012 67 Caribbean At Keppel Bay $3,500k $1,675 2,089 4 Aug 20, 2012 27 Caribbean At Keppel Bay $1,520k $1,708 890 2 Aug 19, 2012 22 31 Caribbean At Keppel Bay $1,520k $1,702 893 2 Aug 19, 2012 22 Caribbean At Keppel Bay $1,880k $1,532 1,227 3 Aug 19, 2012 118 99 Caribbean At Keppel Bay $1,950k $1,601 1,218 3 Aug 19, 2012 80 Caribbean At Keppel Bay $2,300k $1,752 1,313 3 Aug 19, 2012 22 Caribbean At Keppel Bay $2,400k $1,770 1,356 4 Aug 19, 2012 22 37 Caribbean At Keppel Bay $7,200k $1,548 4,650 4 Aug 19, 2012 415 Caribbean At Keppel Bay $2,050k $1,600 1,281 3 Aug 18, 2012 159 Caribbean At Keppel Bay Caribbean At Keppel Bay CARIBBEAN AT KEPPEL BAY $2,180k $2,200k $2,250k $1,702 $1,517 - 1,281 1,450 - 92 3 2 2 Aug 18, 2012 Aug 18, 2012 Aug 18, 2012 26 38 116 @ Caribbean At Keppel Bay $2,260k $1,693 1,335 4 Aug 18, 2012 50 Caribbean At Keppel Bay $2,489k $1,841 1,352 2 Aug 18, 2012 24 Caribbean At Keppel Bay $2,700k $1,639 1,647 4 Aug 18, 2012 42 g Caribbean At Keppel Bay $3,500k $1,355 2,583 3 Aug 18, 2012 42 on Caribbean At Keppel Bay $3,600k $1,715 2,099 4 Aug 18, 2012 42 CARIBBEAN AT KEPPEL BAY $4,008k $1,552 2,583 4 Aug 18, 2012 25 tT Caribbean At Keppel Bay $4,100k $1,589 2,580 4 Aug 18, 2012 72 Caribbean At Keppel Bay $5,900k $1,890 3,122 4 Aug 18, 2012 51 CARIBBEAN AT KEPPEL BAY CALL - 1,207 3 Aug 18, 2012 23 en CARIBBEAN AT KEPPEL BAY CALL - 882 2 Aug 18, 2012 23 CARIBBEAN AT KEPPEL BAY CALL - 2,583 3 Aug 18, 2012 44 nc Caribbean At Keppel Bay $1,860k $1,453 1,280 3 Aug 17, 2012 264 Caribbean At Keppel Bay $1,870k $1,460 1,281 3 Aug 17, 2012 139 Vi Caribbean At Keppel Bay $1,950k $1,585 1,230 3 Aug 17, 2012 253 Caribbean At Keppel Bay $2,050k $1,600 1,281 3 Aug 17, 2012 174 Caribbean At Keppel Bay $2,081k $1,559 1,335 3 Aug 17, 2012 174 Caribbean At Keppel Bay $2,100k $1,653 1,270 2 Aug 17, 2012 24 Caribbean At Keppel Bay $2,168k $1,600 1,355 3 Aug 17, 2012 137 Caribbean At Keppel Bay $2,250k $1,772 1,270 3 Aug 17, 2012 174 Caribbean At Keppel Bay $2,300k $1,723 1,335 3 Aug 17, 2012 168 Caribbean At Keppel Bay $2,855k $1,105 2,583 3 Aug 17, 2012 37 Caribbean At Keppel Bay $2,880k $1,115 2,583 3 Aug 17, 2012 178 Caribbean At Keppel Bay $3,250k $1,528 2,127 3 Aug 17, 2012 174 Prepared for on Sep 10, 2012 52 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 53.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $3,620k $1,725 2,099 4 Aug 17, 2012 47 Caribbean At Keppel Bay $3,620k $1,725 2,099 4 Aug 17, 2012 36 Caribbean At Keppel Bay $3,620k $1,725 2,099 4 Aug 17, 2012 36 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $5,800k $1,855 3,127 4 Aug 17, 2012 174 Caribbean At Keppel Bay $2,300k $1,752 1,313 3 Aug 16, 2012 25 Caribbean At Keppel Bay $3,280k $1,270 2,583 3 Aug 16, 2012 38 Caribbean At Keppel Bay $3,500k $1,671 2,095 4 Aug 16, 2012 25 CARIBBEAN AT KEPPEL BAY $3,500k $1,667 2,100 4 Aug 16, 2012 27 31 Caribbean At Keppel Bay $3,500k $1,355 2,583 3 Aug 16, 2012 117 Caribbean At Keppel Bay $1,980k $1,614 1,227 3 Aug 15, 2012 63 99 Caribbean At Keppel Bay $2,000k $1,523 1,313 3 Aug 15, 2012 67 Caribbean At Keppel Bay $2,000k $1,601 1,249 3 Aug 15, 2012 37 Caribbean At Keppel Bay $2,079k $1,583 1,313 3 Aug 15, 2012 33 37 CARIBBEAN AT KEPPEL BAY $2,180k $1,793 1,216 3 Aug 15, 2012 42 CARIBBEAN AT KEPPEL BAY $3,500k $1,355 2,583 4 Aug 15, 2012 26 CARIBBEAN AT KEPPEL BAY Caribbean At Keppel Bay Caribbean At Keppel Bay CALL $1,850k $2,150k - $1,510 $1,752 893 1,225 1,227 92 2 3 3 Aug 15, 2012 Aug 14, 2012 Aug 14, 2012 26 27 96 @ Caribbean At Keppel Bay $3,100k $1,200 2,583 4 Aug 14, 2012 47 Caribbean At Keppel Bay $3,500k $1,667 2,100 4 Aug 14, 2012 30 Caribbean At Keppel Bay $3,500k $1,677 2,087 4 Aug 14, 2012 27 g Caribbean At Keppel Bay $3,620k $1,732 2,090 4 Aug 14, 2012 38 on CARIBBEAN AT KEPPEL BAY, 2 $5,500k $1,762 3,122 4 Aug 14, 2012 27 Caribbean At Keppel Bay $1,899k $1,522 1,248 3 Aug 13, 2012 161 tT Caribbean At Keppel Bay $1,980k $1,585 1,249 3 Aug 13, 2012 28 Caribbean At Keppel Bay $2,118k $1,600 1,324 3 Aug 13, 2012 64 CARIBBEAN AT KEPPEL BAY $2,389k $1,609 1,485 2 Aug 13, 2012 49 en Caribbean At Keppel Bay $2,480k $1,771 1,400 2 Aug 13, 2012 65 Caribbean At Keppel Bay $4,300k $1,340 3,208 4 Aug 13, 2012 28 nc Caribbean At Keppel Bay $1,510k $1,776 850 2 Aug 12, 2012 29 Caribbean At Keppel Bay $3,530k $1,691 2,088 4 Aug 12, 2012 31 Vi Caribbean At Keppel Bay $1,510k $1,787 845 2 Aug 11, 2012 55 Caribbean At Keppel Bay $1,880k $1,505 1,249 3 Aug 11, 2012 57 Caribbean At Keppel Bay $1,900k $1,483 1,281 3 Aug 11, 2012 57 Caribbean At Keppel Bay $2,200k $1,648 1,335 3 Aug 11, 2012 92 Caribbean At Keppel Bay $3,200k $1,768 1,810 4 Aug 11, 2012 30 Caribbean At Keppel Bay $3,500k $1,355 2,583 3 Aug 11, 2012 30 CARIBBEAN AT KEPPEL BAY CALL - - 3 Aug 11, 2012 30 Sale Listings with similar sizes in other comparable projects Sale Address Asking PSF Built Bed- Posted Days on Prepared for on Sep 10, 2012 53 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 54.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 sqft rooms Market Reflections At Keppel Bay $1,650k $1,630 1,012 2 Sep 10, 2012 140 Reflections At Keppel Bay $1,700k $1,889 900 2 Sep 10, 2012 35 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $1,700k $1,808 940 2 Sep 10, 2012 140 Reflections At Keppel Bay $1,720k $1,564 1,100 2 Sep 10, 2012 140 Reflections At Keppel Bay $1,800k $2,064 872 2 Sep 10, 2012 135 Reflections At Keppel Bay $1,820k $1,798 1,012 2 Sep 10, 2012 66 Reflections At Keppel Bay $1,900k $1,766 1,076 2 Sep 10, 2012 110 Reflections At Keppel Bay $1,910k $1,707 1,119 2 Sep 10, 2012 0 31 Reflections At Keppel Bay $1,950k $1,662 1,173 2 Sep 10, 2012 5 Reflections At Keppel Bay $1,960k $1,752 1,119 2 Sep 10, 2012 112 99 Reflections At Keppel Bay $1,980k $1,956 1,012 2 Sep 10, 2012 32 Reflections At Keppel Bay $1,980k $1,769 1,119 2 Sep 10, 2012 81 Reflections At Keppel Bay $1,988k $1,884 1,055 2 Sep 10, 2012 245 37 Reflections At Keppel Bay $1,990k $1,812 1,098 2 Sep 10, 2012 0 Reflections At Keppel Bay $1,990k $1,516 1,313 3 Sep 10, 2012 2 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $2,000k $2,020k $2,080k $1,896 $1,805 $2,101 1,055 1,119 990 92 2 2 2 Sep 10, 2012 Sep 10, 2012 Sep 10, 2012 343 87 27 @ Reflections At Keppel Bay $2,100k $2,121 990 2 Sep 10, 2012 87 Reflections At Keppel Bay $2,100k $2,121 990 2 Sep 10, 2012 144 Reflections At Keppel Bay $2,109k $1,593 1,324 3 Sep 10, 2012 245 g Reflections At Keppel Bay $2,200k $1,719 1,280 3 Sep 10, 2012 91 on Reflections At Keppel Bay $2,235k $1,760 1,270 3 Sep 10, 2012 66 Reflections At Keppel Bay $2,242k $1,750 1,281 3 Sep 10, 2012 105 Reflections At Keppel Bay $2,300k $1,769 1,300 3 Sep 10, 2012 4 tT REFLECTIONS AT KEPPEL BAY, $2,303k $2,003 1,150 3 Sep 10, 2012 180 1 Reflections At Keppel Bay $2,336k $1,824 1,281 3 Sep 10, 2012 80 en Reflections At Keppel Bay $2,350k $1,808 1,300 3 Sep 10, 2012 74 Reflections At Keppel Bay $2,375k $2,100 1,131 2 Sep 10, 2012 84 nc Reflections At Keppel Bay $2,380k $2,404 990 2 Sep 10, 2012 0 Reflections At Keppel Bay $2,389k $2,413 990 3 Sep 10, 2012 133 Reflections At Keppel Bay $2,411k $1,850 1,303 3 Sep 10, 2012 63 Vi Reflections At Keppel Bay $2,441k $1,800 1,356 3 Sep 10, 2012 5 Reflections At Keppel Bay $2,441k $1,800 1,356 3 Sep 10, 2012 77 Reflections At Keppel Bay $2,490k $1,532 1,625 3 Sep 10, 2012 5 Reflections At Keppel Bay $2,500k $1,538 1,625 3 Sep 10, 2012 0 Reflections At Keppel Bay $2,589k $1,593 1,625 3 Sep 10, 2012 20 Reflections At Keppel Bay $2,590k $1,695 1,528 3 Sep 10, 2012 0 Reflections At Keppel Bay $2,702k $1,900 1,422 3 Sep 10, 2012 26 Reflections At Keppel Bay $2,730k $1,798 1,518 3 Sep 10, 2012 239 Reflections At Keppel Bay $2,750k $1,980 1,388 3 Sep 10, 2012 357 Reflections At Keppel Bay $2,857k $1,830 1,561 3 Sep 10, 2012 204 Prepared for on Sep 10, 2012 54 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 55.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $2,889k $2,064 1,400 3 Sep 10, 2012 125 Reflections At Keppel Bay $2,950k $1,943 1,518 3 Sep 10, 2012 45 Reflections At Keppel Bay $3,034k $2,015 1,506 3 Sep 10, 2012 54 Reflections At Keppel Bay $3,035k $2,015 1,506 3 Sep 10, 2012 52 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $3,036k $2,024 1,500 3 Sep 10, 2012 10 Reflections At Keppel Bay $3,060k $2,217 1,380 3 Sep 10, 2012 42 Reflections At Keppel Bay $3,080k $2,200 1,400 3 Sep 10, 2012 157 Reflections At Keppel Bay $3,100k $2,057 1,507 3 Sep 10, 2012 67 Reflections At Keppel Bay $3,100k $2,000 1,550 3 Sep 10, 2012 10 31 Reflections At Keppel Bay $3,100k $2,000 1,550 3 Sep 10, 2012 33 Reflections At Keppel Bay $3,100k $2,000 1,550 3 Sep 10, 2012 28 99 Reflections At Keppel Bay $3,100k $2,000 1,550 3 Sep 10, 2012 19 Reflections At Keppel Bay $3,150k $2,072 1,520 3 Sep 10, 2012 37 Reflections At Keppel Bay $3,151k $2,091 1,507 3 Sep 10, 2012 7 37 Reflections At Keppel Bay $3,250k $2,695 1,206 3 Sep 10, 2012 98 Reflections At Keppel Bay $3,300k $1,904 1,733 3 Sep 10, 2012 56 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $3,389k $3,400k $3,500k $2,113 $2,209 $2,482 1,604 1,539 1,410 92 3 3 3 Sep 10, 2012 Sep 10, 2012 Sep 10, 2012 67 54 33 @ Reflections At Keppel Bay $3,500k $2,274 1,539 3 Sep 10, 2012 52 Reflections At Keppel Bay $3,520k $1,797 1,959 3 Sep 10, 2012 80 Reflections At Keppel Bay $3,640k $1,858 1,959 3 Sep 10, 2012 13 g Reflections At Keppel Bay $3,650k $1,825 2,000 3 Sep 10, 2012 181 on Reflections At Keppel Bay $3,700k $2,370 1,561 3 Sep 10, 2012 192 Reflections At Keppel Bay $3,750k $2,192 1,711 3 Sep 10, 2012 135 Reflections At Keppel Bay $3,800k $2,434 1,561 3 Sep 10, 2012 55 tT Reflections At Keppel Bay $3,800k $2,209 1,720 3 Sep 10, 2012 74 Reflections At Keppel Bay $3,800k $2,469 1,539 3 Sep 10, 2012 50 Reflections At Keppel Bay $3,800k $2,217 1,714 3 Sep 10, 2012 32 en Reflections At Keppel Bay $3,844k $2,480 1,550 3 Sep 10, 2012 200 Reflections At Keppel Bay $3,850k $2,250 1,711 3 Sep 10, 2012 84 nc Reflections At Keppel Bay $3,898k $2,293 1,700 3 Sep 10, 2012 200 Reflections At Keppel Bay $4,015k $2,288 1,755 3 Sep 10, 2012 45 Vi Reflections At Keppel Bay $4,074k $2,188 1,862 3 Sep 10, 2012 45 Reflections At Keppel Bay $4,096k $2,278 1,798 3 Sep 10, 2012 45 Reflections At Keppel Bay $4,100k $2,278 1,800 3 Sep 10, 2012 42 Reflections At Keppel Bay $4,101k $2,682 1,529 3 Sep 10, 2012 247 Reflections At Keppel Bay $4,125k $2,178 1,894 3 Sep 10, 2012 45 Reflections At Keppel Bay $4,202k $2,168 1,938 3 Sep 10, 2012 40 Reflections At Keppel Bay $4,277k $2,148 1,991 3 Sep 10, 2012 40 REFLECTIONS AT KEPPEL BAY $4,300k $2,497 1,722 3 Sep 10, 2012 13 Reflections At Keppel Bay $4,301k $2,258 1,905 3 Sep 10, 2012 40 Reflections At Keppel Bay $4,600k $1,952 2,357 4 Sep 10, 2012 45 Reflections At Keppel Bay $4,858k $2,550 1,905 3 Sep 10, 2012 287 Prepared for on Sep 10, 2012 55 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 56.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $4,880k $2,070 2,357 4 Sep 10, 2012 56 Reflections At Keppel Bay $4,900k $2,197 2,230 3 Sep 10, 2012 6 Reflections At Keppel Bay $5,000k $2,265 2,207 3 Sep 10, 2012 112 Reflections At Keppel Bay $5,180k $2,347 2,207 4 Sep 10, 2012 225 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $5,194k $2,400 2,164 4 Sep 10, 2012 109 Reflections At Keppel Bay $5,200k $2,323 2,238 3 Sep 10, 2012 80 Reflections At Keppel Bay $5,200k $2,100 2,476 4 Sep 10, 2012 45 Reflections At Keppel Bay $5,271k $2,400 2,196 3 Sep 10, 2012 247 Reflections At Keppel Bay $5,297k $2,400 2,207 3 Sep 10, 2012 214 31 Reflections At Keppel Bay $5,300k $2,270 2,335 4 Sep 10, 2012 55 Reflections At Keppel Bay $5,300k $2,474 2,142 3 Sep 10, 2012 122 99 Reflections At Keppel Bay $5,798k $2,221 2,610 4 Sep 10, 2012 0 Reflections At Keppel Bay $5,850k $2,250 2,600 4 Sep 10, 2012 200 Reflections At Keppel Bay $5,880k $2,324 2,530 4 Sep 10, 2012 96 37 Reflections At Keppel Bay $6,000k $2,303 2,605 4 Sep 10, 2012 11 Reflections At Keppel Bay $6,000k $2,303 2,605 4 Sep 10, 2012 10 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $6,000k $6,406k $6,920k $2,303 $2,600 $2,801 2,605 2,464 2,471 92 4 4 4 Sep 10, 2012 Sep 10, 2012 Sep 10, 2012 10 66 169 @ Reflections At Keppel Bay $7,032k $2,300 3,057 4 Sep 10, 2012 45 Reflections At Keppel Bay $8,700k $2,806 3,100 4 Sep 10, 2012 313 Reflections At Keppel Bay $9,468k $2,801 3,380 4 Sep 10, 2012 175 g Reflections At Keppel Bay $10,300k $2,580 3,993 4 Sep 10, 2012 80 on Reflections At Keppel Bay $10,600k $2,655 3,993 4 Sep 10, 2012 172 Reflections At Keppel Bay $11,000k $2,854 3,854 4 Sep 10, 2012 55 Reflections At Keppel Bay $14,888k $3,067 4,855 4 Sep 10, 2012 13 tT Reflections At Keppel Bay $1,520k $1,788 850 2 Sep 9, 2012 54 Reflections At Keppel Bay $1,700k $1,735 980 2 Sep 9, 2012 221 The Pearl @ Mount Faber $1,789k $1,288 1,389 3 Sep 9, 2012 1 en Reflections At Keppel Bay $1,850k $1,869 990 2 Sep 9, 2012 27 Reflections @ Keppel Bay $1,910k $1,775 1,076 2 Sep 9, 2012 62 nc Reflections At Keppel Bay $1,990k $1,831 1,087 2 Sep 9, 2012 1 Reflections At Keppel Bay $2,000k $1,770 1,130 2 Sep 9, 2012 561 Vi Reflections At Keppel Bay $2,000k $1,705 1,173 2 Sep 9, 2012 275 Reflections At Keppel Bay $2,000k $1,976 1,012 2 Sep 9, 2012 1 Reflections At Keppel Bay $2,080k $2,101 990 2 Sep 9, 2012 9 Reflections At Keppel Bay $2,100k $1,952 1,076 2 Sep 9, 2012 73 Reflections At Keppel Bay $2,200k $1,858 1,184 3 Sep 9, 2012 170 Reflections At Keppel Bay $2,300k $2,138 1,076 2 Sep 9, 2012 129 Reflections At Keppel Bay $2,300k $1,875 1,227 2 Sep 9, 2012 55 Reflections At Keppel Bay $2,306k $1,800 1,281 3 Sep 9, 2012 34 Reflections At Keppel Bay $2,352k $2,102 1,119 2 Sep 9, 2012 66 Reflections At Keppel Bay $2,440k $1,799 1,356 3 Sep 9, 2012 55 Reflections At Keppel Bay $2,475k $2,300 1,076 2 Sep 9, 2012 1 Prepared for on Sep 10, 2012 56 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 57.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $2,600k $2,301 1,130 2 Sep 9, 2012 1 Reflections At Keppel Bay $2,600k $2,237 1,162 2 Sep 9, 2012 533 Reflections At Keppel Bay $2,818k $1,734 1,625 3 Sep 9, 2012 66 Reflections At Keppel Bay $2,880k $1,897 1,518 3 Sep 9, 2012 241 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $2,884k $1,900 1,518 3 Sep 9, 2012 279 Reflections At Keppel Bay $3,100k $2,000 1,550 3 Sep 9, 2012 38 Reflections At Keppel Bay $3,168k $2,133 1,485 3 Sep 9, 2012 6 Reflections At Keppel Bay $3,180k $2,120 1,500 3 Sep 9, 2012 13 Reflections At Keppel Bay $3,200k $2,123 1,507 3 Sep 9, 2012 12 31 Reflections At Keppel Bay $3,342k $2,300 1,453 3 Sep 9, 2012 298 Reflections At Keppel Bay $3,400k $2,211 1,538 3 Sep 9, 2012 27 99 Reflections At Keppel Bay $3,500k $2,020 1,733 3 Sep 9, 2012 4 Reflections At Keppel Bay $3,520k $2,194 1,604 3 Sep 9, 2012 256 Reflections At Keppel Bay $3,650k $1,862 1,960 3 Sep 9, 2012 59 37 Reflections At Keppel Bay $3,650k $1,862 1,960 3 Sep 9, 2012 41 Reflections At Keppel Bay $3,650k $1,862 1,960 3 Sep 9, 2012 70 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $3,750k $3,800k $3,880k $2,402 $2,825 $1,990 1,561 1,345 1,950 92 3 3 3 Sep 9, 2012 Sep 9, 2012 Sep 9, 2012 256 243 1 @ Reflections At Keppel Bay $4,550k $2,388 1,905 3 Sep 9, 2012 21 Reflections At Keppel Bay $4,600k $1,788 2,572 4 Sep 9, 2012 184 Reflections At Keppel Bay $4,800k $2,133 2,250 3 Sep 9, 2012 7 g Reflections At Keppel Bay $4,937k $1,857 2,658 4 Sep 9, 2012 175 on Reflections At Keppel Bay $5,268k $2,395 2,200 3 Sep 9, 2012 61 Reflections At Keppel Bay $5,300k $2,487 2,131 3 Sep 9, 2012 54 Reflections At Keppel Bay $5,350k $2,390 2,238 3 Sep 9, 2012 89 tT Reflections At Keppel Bay $5,360k $2,253 2,379 4 Sep 9, 2012 207 Reflections At Keppel Bay $5,450k $2,400 2,271 3 Sep 9, 2012 262 Reflections At Keppel Bay $5,860k $2,250 2,605 4 Sep 9, 2012 1 en Reflections At Keppel Bay $5,990k $2,300 2,604 4 Sep 9, 2012 28 Reflections At Keppel Bay $9,000k $2,903 3,100 4 Sep 9, 2012 77 nc Reflections At Keppel Bay $10,389k $2,696 3,854 4 Sep 9, 2012 236 Reflections At Keppel Bay $10,500k $2,630 3,993 4 Sep 9, 2012 164 Vi Reflections At Keppel Bay $10,800k $2,705 3,993 4 Sep 9, 2012 200 Reflections At Keppel Bay $11,388k $2,955 3,854 4 Sep 9, 2012 38 REFLECTIONS AT KEPPEL BAY, $1,700k $2,024 840 2 Sep 8, 2012 195 1 REFLECTIONS AT KEPPEL BAY, $1,750k $2,227 786 2 Sep 8, 2012 18 1 Reflections At Keppel Bay $1,821k $1,799 1,012 2 Sep 8, 2012 98 REFLECTIONS AT KEPPEL BAY, $1,900k $1,983 958 2 Sep 8, 2012 195 1 The Reflections At Keppel Bay $1,930k $2,109 915 2 Sep 8, 2012 2 Reflections At Keppel Bay $1,980k $1,769 1,119 3 Sep 8, 2012 238 Prepared for on Sep 10, 2012 57 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 58.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $2,080k $2,101 990 2 Sep 8, 2012 138 Reflections At Keppel Bay $2,100k $1,939 1,083 2 Sep 8, 2012 54 Reflections At Keppel Bay $2,125k $2,100 1,012 2 Sep 8, 2012 103 Reflections At Keppel Bay $2,128k $2,150 990 2 Sep 8, 2012 29 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $2,300k $1,997 1,152 2 Sep 8, 2012 356 Reflections At Keppel Bay $2,350k $1,958 1,200 3 Sep 8, 2012 69 Reflections At Keppel Bay $2,410k $2,284 1,055 2 Sep 8, 2012 70 Reflections At Keppel Bay $2,441k $1,800 1,356 3 Sep 8, 2012 34 Reflections At Keppel Bay $2,600k $2,301 1,130 2 Sep 8, 2012 118 31 Reflections At Keppel Bay $2,600k $1,700 1,529 3 Sep 8, 2012 2 Reflections At Keppel Bay $2,780k $1,831 1,518 3 Sep 8, 2012 2 99 Reflections At Keppel Bay $2,800k $1,983 1,412 3 Sep 8, 2012 2 Reflections At Keppel Bay $3,126k $2,186 1,430 3 Sep 8, 2012 5 Reflections At Keppel Bay $3,300k $2,395 1,378 3 Sep 8, 2012 49 37 Reflections At Keppel Bay $3,307k $2,400 1,378 3 Sep 8, 2012 47 Reflections At Keppel Bay $3,600k $2,077 1,733 3 Sep 8, 2012 5 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $3,648k $3,650k $3,764k $1,861 $1,862 $2,200 1,960 1,960 1,711 92 3 3 3 Sep 8, 2012 Sep 8, 2012 Sep 8, 2012 37 2 118 @ Reflections At Keppel Bay $3,800k $2,147 1,770 3 Sep 8, 2012 202 Reflections At Keppel Bay $3,950k $2,207 1,790 3 Sep 8, 2012 39 Reflections At Keppel Bay $4,038k $2,500 1,615 3 Sep 8, 2012 70 g Reflections At Keppel Bay $4,369k $2,013 2,170 3 Sep 8, 2012 70 on Reflections At Keppel Bay $4,600k $1,775 2,592 4 Sep 8, 2012 110 Reflections At Keppel Bay $4,700k $1,835 2,562 4 Sep 8, 2012 359 Reflections At Keppel Bay $4,880k $2,070 2,357 4 Sep 8, 2012 69 tT Reflections At Keppel Bay $5,000k $2,640 1,894 3 Sep 8, 2012 25 Reflections At Keppel Bay $5,040k $2,400 2,100 3 Sep 8, 2012 202 Reflections At Keppel Bay $5,270k $2,400 2,196 3 Sep 8, 2012 337 en Reflections At Keppel Bay $6,500k $2,631 2,471 4 Sep 8, 2012 144 Reflections At Keppel Bay $6,900k $2,258 3,056 4 Sep 8, 2012 39 nc Reflections At Keppel Bay $7,082k $2,813 2,518 4 Sep 8, 2012 2 Reflections At Keppel Bay $8,700k $2,806 3,100 4 Sep 8, 2012 70 Vi Reflections At Keppel Bay $8,900k $2,871 3,100 4 Sep 8, 2012 112 Reflections At Keppel Bay $19,980k $2,422 8,249 5 Sep 8, 2012 39 Reflections At Keppel Bay $1,766k $2,000 883 2 Sep 7, 2012 299 Reflections At Keppel Bay $1,800k $1,779 1,012 2 Sep 7, 2012 225 Reflections At Keppel Bay $1,800k $1,923 936 2 Sep 7, 2012 70 Reflections At Keppel Bay $1,820k $1,798 1,012 2 Sep 7, 2012 163 Reflections At Keppel Bay $1,820k $1,798 1,012 2 Sep 7, 2012 147 Reflections At Keppel Bay $1,821k $1,799 1,012 2 Sep 7, 2012 110 Reflections At Keppel Bay $1,840k $1,802 1,021 2 Sep 7, 2012 76 Reflections At Keppel Bay $1,900k $2,088 910 2 Sep 7, 2012 147 Reflections At Keppel Bay $1,902k $1,700 1,119 2 Sep 7, 2012 277 Prepared for on Sep 10, 2012 58 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 59.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $1,950k $1,743 1,119 2 Sep 7, 2012 4 Reflections At Keppel Bay $2,000k $2,020 990 2 Sep 7, 2012 110 Reflections At Keppel Bay $2,100k $1,952 1,076 2 Sep 7, 2012 67 Reflections At Keppel Bay $2,108k $2,000 1,054 3 Sep 7, 2012 299 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $2,168k $2,190 990 2 Sep 7, 2012 70 Reflections At Keppel Bay $2,200k $2,222 990 2 Sep 7, 2012 85 Reflections At Keppel Bay $2,300k $2,298 1,001 2 Sep 7, 2012 18 REFLECTIONS AT KEPPEL BAY $2,306k $1,800 1,281 3 Sep 7, 2012 3 Reflections At Keppel Bay $2,306k $1,800 1,281 3 Sep 7, 2012 82 31 Reflections At Keppel Bay $2,325k $2,300 1,011 2 Sep 7, 2012 10 Reflections At Keppel Bay $2,327k $2,119 1,098 2 Sep 7, 2012 59 99 Reflections At Keppel Bay $2,450k $2,149 1,140 3 Sep 7, 2012 209 Reflections At Keppel Bay $2,500k $2,345 1,066 2 Sep 7, 2012 109 Reflections At Keppel Bay $2,720k $2,197 1,238 3 Sep 7, 2012 91 37 Reflections At Keppel Bay $2,778k $1,830 1,518 3 Sep 7, 2012 310 Reflections At Keppel Bay $2,790k $1,800 1,550 3 Sep 7, 2012 96 Reflections At Keppel Bay REFLECTIONS AT KEPPEL BAY, 1 $2,818k $2,860k $1,734 $1,885 1,625 1,517 92 3 3 Sep 7, 2012 Sep 7, 2012 61 37 @ Reflections At Keppel Bay $2,989k $2,169 1,378 3 Sep 7, 2012 20 Reflections At Keppel Bay $3,220k $2,394 1,345 3 Sep 7, 2012 29 Reflections At Keppel Bay $3,255k $2,100 1,550 3 Sep 7, 2012 10 g Reflections At Keppel Bay $3,410k $2,200 1,550 3 Sep 7, 2012 91 Reflections At Keppel Bay $3,500k $2,058 1,701 3 Sep 7, 2012 65 on Reflections At Keppel Bay $3,609k $2,250 1,604 3 Sep 7, 2012 95 Reflections At Keppel Bay $3,650k $1,862 1,960 3 Sep 7, 2012 10 tT Reflections At Keppel Bay $3,650k $1,862 1,960 3 Sep 7, 2012 5 Reflections At Keppel Bay $3,801k $2,145 1,772 3 Sep 7, 2012 50 Reflections At Keppel Bay $3,820k $2,221 1,720 3 Sep 7, 2012 37 en Reflections At Keppel Bay $4,170k $2,600 1,604 3 Sep 7, 2012 41 Reflections At Keppel Bay $4,200k $2,453 1,712 3 Sep 7, 2012 166 nc Reflections At Keppel Bay $4,200k $2,453 1,712 3 Sep 7, 2012 225 Reflections At Keppel Bay $4,350k $2,526 1,722 3 Sep 7, 2012 3 Reflections At Keppel Bay $4,500k $2,613 1,722 3 Sep 7, 2012 17 Vi REFLECTIONS AT KEPPEL BAY $4,756k $2,727 1,744 3 Sep 7, 2012 11 REFLECTIONS AT KEPPEL BAY, $4,880k $2,070 2,357 4 Sep 7, 2012 91 1 Reflections At Keppel Bay $5,300k $2,499 2,121 3 Sep 7, 2012 261 Reflections At Keppel Bay $5,720k $2,200 2,600 4 Sep 7, 2012 95 Reflections At Keppel Bay $5,999k $2,531 2,370 4 Sep 7, 2012 246 Reflections At Keppel Bay $6,096k $2,438 2,500 4 Sep 7, 2012 107 Reflections At Keppel Bay $7,785k $1,595 4,880 4 Sep 7, 2012 172 REFLECTIONS AT KEPPEL BAY $8,953k $2,404 3,724 4 Sep 7, 2012 11 Reflections At Keppel Bay $9,300k $3,000 3,100 4 Sep 7, 2012 3 Prepared for on Sep 10, 2012 59 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 60.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $10,800k $2,705 3,993 4 Sep 7, 2012 17 The Pearl @ Mount Faber $1,600k $1,152 1,389 3 Sep 6, 2012 177 Reflections At Keppel Bay $1,980k $1,769 1,119 2 Sep 6, 2012 14 Reflections At Keppel Bay $2,100k $2,360 890 2 Sep 6, 2012 4 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $2,200k $2,198 1,001 2 Sep 6, 2012 14 Reflections At Keppel Bay $2,250k $2,091 1,076 2 Sep 6, 2012 26 Reflections At Keppel Bay $2,733k $1,682 1,625 3 Sep 6, 2012 33 Reflections At Keppel Bay $2,756k $2,000 1,378 2 Sep 6, 2012 31 Reflections At Keppel Bay $2,834k $1,841 1,539 3 Sep 6, 2012 33 31 Reflections At Keppel Bay $2,898k $2,010 1,442 3 Sep 6, 2012 33 Reflections At Keppel Bay $2,900k $2,566 1,130 2 Sep 6, 2012 279 99 Reflections At Keppel Bay $2,950k $2,193 1,345 3 Sep 6, 2012 4 Reflections At Keppel Bay $3,000k $1,935 1,550 3 Sep 6, 2012 14 Reflections At Keppel Bay $3,200k $2,360 1,356 3 Sep 6, 2012 79 37 Reflections At Keppel Bay $3,300k $2,324 1,420 3 Sep 6, 2012 11 Reflections At Keppel Bay $3,340k $2,155 1,550 3 Sep 6, 2012 4 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $3,402k $3,680k $4,100k $2,000 $2,692 $2,215 1,701 1,367 1,851 92 3 3 3 Sep 6, 2012 Sep 6, 2012 Sep 6, 2012 4 113 114 @ Reflections At Keppel Bay $4,500k $2,625 1,714 3 Sep 6, 2012 60 Reflections At Keppel Bay $4,790k $1,801 2,659 4 Sep 6, 2012 33 Reflections At Keppel Bay $5,300k $2,401 2,207 3 Sep 6, 2012 33 g Reflections At Keppel Bay $5,699k $2,253 2,529 4 Sep 6, 2012 33 on Reflections At Keppel Bay $9,971k $2,950 3,380 4 Sep 6, 2012 30 REFLECTIONS AT KEPPEL BAY CALL - 1,625 3 Sep 6, 2012 4 The Pearl @ Mount Faber $1,400k $1,016 1,378 2 Sep 5, 2012 5 tT Reflections At Keppel Bay $1,800k $2,091 861 2 Sep 5, 2012 112 Reflections At Keppel Bay $1,800k $1,706 1,055 2 Sep 5, 2012 34 Reflections At Keppel Bay $1,880k $1,858 1,012 2 Sep 5, 2012 31 en Reflections At Keppel Bay $1,880k $2,392 786 2 Sep 5, 2012 216 Reflections At Keppel Bay $1,900k $1,877 1,012 2 Sep 5, 2012 204 nc REFLECTIONS AT KEPPEL BAY $1,900k $1,169 1,625 3 Sep 5, 2012 15 Reflections At Keppel Bay $2,080k $2,101 990 2 Sep 5, 2012 35 Vi Reflections At Keppel Bay $2,310k $2,044 1,130 2 Sep 5, 2012 32 Reflections At Keppel Bay $2,750k $1,812 1,518 3 Sep 5, 2012 216 Reflections At Keppel Bay $2,882k $1,900 1,517 3 Sep 5, 2012 216 Reflections At Keppel Bay $3,100k $2,150 1,442 3 Sep 5, 2012 202 Reflections At Keppel Bay $3,280k $2,475 1,325 3 Sep 5, 2012 5 Reflections At Keppel Bay $3,572k $2,100 1,701 3 Sep 5, 2012 216 Reflections At Keppel Bay $3,600k $1,837 1,960 3 Sep 5, 2012 5 Reflections At Keppel Bay $4,000k $2,338 1,711 3 Sep 5, 2012 31 Reflections At Keppel Bay $4,000k $2,367 1,690 3 Sep 5, 2012 134 Reflections At Keppel Bay $4,096k $2,150 1,905 3 Sep 5, 2012 189 Reflections At Keppel Bay $4,100k $2,282 1,797 3 Sep 5, 2012 39 Prepared for on Sep 10, 2012 60 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 61.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $4,500k $2,630 1,711 3 Sep 5, 2012 204 Reflections At Keppel Bay $5,200k $2,440 2,131 3 Sep 5, 2012 5 Reflections At Keppel Bay $5,230k $2,000 2,615 4 Sep 5, 2012 216 Reflections At Keppel Bay $5,268k $2,399 2,196 3 Sep 5, 2012 31 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $5,300k $2,448 2,165 3 Sep 5, 2012 31 Reflections At Keppel Bay $5,500k $2,292 2,400 4 Sep 5, 2012 59 Reflections At Keppel Bay $5,850k $2,691 2,174 3 Sep 5, 2012 86 Reflections At Keppel Bay $6,968k $2,280 3,056 4 Sep 5, 2012 189 Reflections At Keppel Bay $10,000k $2,317 4,315 5 Sep 5, 2012 31 31 REFLECTIONS AT KEPPEL BAY $10,500k $2,630 3,993 4 Sep 5, 2012 5 Reflections At Keppel Bay $11,500k $2,880 3,993 4 Sep 5, 2012 5 99 Reflections At Keppel Bay $11,550k $3,000 3,850 4 Sep 5, 2012 214 Reflections At Keppel Bay $20,000k $2,423 8,253 5 Sep 5, 2012 180 Reflections At Keppel Bay $2,250k $2,273 990 2 Sep 4, 2012 133 37 Reflections At Keppel Bay $2,972k $1,905 1,560 3 Sep 4, 2012 230 Reflections At Keppel Bay $3,100k $2,072 1,496 3 Sep 4, 2012 116 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $3,100k $3,300k $3,307k $2,000 $1,793 $2,400 1,550 1,841 1,378 92 3 3 3 Sep 4, 2012 Sep 4, 2012 Sep 4, 2012 26 6 6 @ Reflections At Keppel Bay $3,310k $2,402 1,378 2 Sep 4, 2012 48 Reflections At Keppel Bay $3,650k $1,862 1,960 3 Sep 4, 2012 25 Reflections At Keppel Bay $4,037k $2,300 1,755 3 Sep 4, 2012 162 g Reflections At Keppel Bay $4,200k $2,485 1,690 3 Sep 4, 2012 26 on Reflections At Keppel Bay $5,400k $2,459 2,196 4 Sep 4, 2012 248 Reflections At Keppel Bay $1,607k $1,800 893 2 Sep 3, 2012 35 Reflections At Keppel Bay $1,800k $1,837 980 2 Sep 3, 2012 86 tT Reflections At Keppel Bay $1,830k $1,667 1,098 2 Sep 3, 2012 61 Reflections At Keppel Bay $1,830k $1,635 1,119 2 Sep 3, 2012 24 Reflections At Keppel Bay $1,880k $1,899 990 2 Sep 3, 2012 35 en Reflections At Keppel Bay $1,900k $1,801 1,055 3 Sep 3, 2012 18 Reflections At Keppel Bay $2,100k $2,098 1,001 2 Sep 3, 2012 168 nc Reflections At Keppel Bay $2,100k $2,121 990 2 Sep 3, 2012 34 Reflections At Keppel Bay $2,138k $2,160 990 2 Sep 3, 2012 112 Vi Reflections At Keppel Bay $2,160k $2,158 1,001 2 Sep 3, 2012 7 Reflections At Keppel Bay $2,300k $2,055 1,119 2 Sep 3, 2012 7 REFLECTIONS AT KEPPEL BAY $2,305k $1,799 1,281 3 Sep 3, 2012 7 Reflections At Keppel Bay $2,306k $1,800 1,281 3 Sep 3, 2012 112 Reflections At Keppel Bay $2,306k $2,100 1,098 3 Sep 3, 2012 171 Reflections At Keppel Bay $2,565k $2,250 1,140 2 Sep 3, 2012 171 Reflections At Keppel Bay $3,126k $2,200 1,421 3 Sep 3, 2012 35 Reflections At Keppel Bay $3,264k $2,150 1,518 3 Sep 3, 2012 157 Reflections At Keppel Bay $3,593k $2,100 1,711 3 Sep 3, 2012 24 Reflections At Keppel Bay $3,650k $2,147 1,700 3 Sep 3, 2012 108 Reflections At Keppel Bay $3,950k $2,185 1,808 3 Sep 3, 2012 171 Prepared for on Sep 10, 2012 61 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 62.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $4,277k $2,148 1,991 3 Sep 3, 2012 175 Reflections At Keppel Bay $4,400k $2,743 1,604 4 Sep 3, 2012 7 Reflections At Keppel Bay $4,580k $2,855 1,604 3 Sep 3, 2012 9 Reflections At Keppel Bay $5,070k $1,950 2,600 4 Sep 3, 2012 108 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $5,400k $2,400 2,250 3 Sep 3, 2012 108 Reflections At Keppel Bay $5,753k $2,200 2,615 4 Sep 3, 2012 65 Reflections At Keppel Bay $6,000k $2,275 2,637 4 Sep 3, 2012 34 Reflections At Keppel Bay $7,117k $2,328 3,057 4 Sep 3, 2012 175 Reflections At Keppel Bay $21,000k $2,544 8,255 5 Sep 3, 2012 166 31 Reflections At Keppel Bay $25,000k $3,028 8,255 4 Sep 3, 2012 166 The Pearl @ Mount Faber $1,400k $1,049 1,335 2 Sep 2, 2012 8 99 Reflections At Keppel Bay $1,800k $1,837 980 2 Sep 2, 2012 168 Reflections At Keppel Bay $2,100k $2,121 990 2 Sep 2, 2012 71 Reflections At Keppel Bay $2,210k $1,801 1,227 2 Sep 2, 2012 31 37 The Pearl @ Mt Faber $2,300k $999 2,302 3 Sep 2, 2012 221 Reflections At Keppel Bay $2,480k $1,787 1,388 3 Sep 2, 2012 350 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $2,890k $3,390k $3,550k $2,256 $2,203 $2,597 1,281 1,539 1,367 92 3 3 2 Sep 2, 2012 Sep 2, 2012 Sep 2, 2012 31 138 38 @ Reflections At Keppel Bay $3,960k $2,300 1,722 3 Sep 2, 2012 38 Reflections At Keppel Bay $4,800k $1,898 2,529 4 Sep 2, 2012 357 Reflections At Keppel Bay $4,980k $2,385 2,088 3 Sep 2, 2012 8 g Reflections At Keppel Bay $4,980k $2,911 1,711 3 Sep 2, 2012 35 on Reflections At Keppel Bay $4,982k $2,555 1,950 3 Sep 2, 2012 8 Reflections At Keppel Bay $5,180k $2,383 2,174 3 Sep 2, 2012 8 Reflections At Keppel Bay $5,600k $2,782 2,013 3 Sep 2, 2012 58 tT Reflections At Keppel Bay $6,000k $2,400 2,500 4 Sep 2, 2012 58 REFLECTIONS AT KEPPEL BAY CALL - 904 2 Sep 2, 2012 110 Reflections At Keppel Bay $1,690k $1,963 861 2 Sep 1, 2012 59 en The Pearl @ Mount Faber $1,800k $1,296 1,388 3 Sep 1, 2012 356 Reflections At Keppel Bay $1,980k $2,000 990 2 Sep 1, 2012 185 nc Reflections At Keppel Bay $2,001k $1,860 1,076 2 Sep 1, 2012 124 Reflections At Keppel Bay $2,080k $2,101 990 2 Sep 1, 2012 118 Vi Reflections At Keppel Bay $2,100k $1,877 1,119 2 Sep 1, 2012 135 Reflections At Keppel Bay $2,130k $2,152 990 2 Sep 1, 2012 228 REFLECTIONS AT KEPPEL BAY $2,519k $1,550 1,625 3 Sep 1, 2012 23 Reflections At Keppel Bay $3,300k $2,222 1,485 3 Sep 1, 2012 9 Reflections At Keppel Bay $3,300k $2,395 1,378 3 Sep 1, 2012 45 Reflections At Keppel Bay $3,649k $1,863 1,959 3 Sep 1, 2012 9 REFLECTIONS AT KEPPEL BAY $3,650k $1,862 1,960 - Sep 1, 2012 9 Reflections At Keppel Bay $3,650k $1,863 1,959 3 Sep 1, 2012 18 Reflections At Keppel Bay $3,700k $2,291 1,615 3 Sep 1, 2012 88 Reflections At Keppel Bay $3,800k $1,915 1,984 3 Sep 1, 2012 9 Reflections At Keppel Bay $4,000k $2,222 1,800 3 Sep 1, 2012 51 Prepared for on Sep 10, 2012 62 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 63.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $4,090k $2,550 1,604 3 Sep 1, 2012 284 Reflections At Keppel Bay $4,150k $2,587 1,604 3 Sep 1, 2012 230 Reflections At Keppel Bay $4,300k $2,512 1,712 3 Sep 1, 2012 9 Reflections At Keppel Bay $4,680k $2,751 1,701 3 Sep 1, 2012 67 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $4,888k $2,671 1,830 3 Sep 1, 2012 21 Reflections At Keppel Bay $5,000k $2,265 2,207 3 Sep 1, 2012 91 Reflections At Keppel Bay $5,990k $2,299 2,605 3 Sep 1, 2012 220 Reflections At Keppel Bay $6,500k $2,500 2,600 4 Sep 1, 2012 36 Reflections At Keppel Bay $8,000k $2,617 3,057 4 Sep 1, 2012 219 31 Reflections At Keppel Bay $8,500k $1,969 4,316 5 Sep 1, 2012 84 REFLECTIONS AT KEPPEL BAY CALL - - 4 Sep 1, 2012 9 99 REFLECTIONS AT KEPPEL BAY CALL - - 4 Sep 1, 2012 9 REFLECTIONS AT KEPPEL BAY CALL - 1,625 3 Sep 1, 2012 9 REFLECTIONS AT KEPPEL BAY CALL - - - Sep 1, 2012 9 37 THE PEARL @ MOUNT FABER $1,652k $1,190 1,388 - Aug 31, 2012 10 Reflections At Keppel Bay $1,670k $1,650 1,012 2 Aug 31, 2012 106 Reflections At Keppel Bay REFLECTIONS AT KEPPEL BAY Reflections At Keppel Bay $1,900k $1,923k $1,976k $2,006 $1,900 $1,749 947 1,012 1,130 92 2 2 3 Aug 31, 2012 Aug 31, 2012 Aug 31, 2012 17 10 186 @ Reflections At Keppel Bay $1,980k $2,000 990 2 Aug 31, 2012 16 Reflections At Keppel Bay $2,000k $2,020 990 2 Aug 31, 2012 54 Reflections At Keppel Bay $2,000k $1,566 1,277 2 Aug 31, 2012 11 g Reflections At Keppel Bay $2,138k $2,160 990 2 Aug 31, 2012 17 on Reflections At Keppel Bay $2,150k $2,172 990 2 Aug 31, 2012 26 Reflections At Keppel Bay $2,200k $2,222 990 2 Aug 31, 2012 207 Reflections At Keppel Bay $2,250k $1,699 1,324 3 Aug 31, 2012 108 tT Reflections At Keppel Bay $2,267k $1,915 1,184 3 Aug 31, 2012 17 REFLECTIONS AT KEPPEL BAY $2,350k $2,100 1,119 2 Aug 31, 2012 10 The Pearl @ Mount Faber $2,400k $1,023 2,346 3 Aug 31, 2012 10 en Reflections At Keppel Bay $2,500k $2,277 1,098 3 Aug 31, 2012 90 Reflections At Keppel Bay $2,732k $1,800 1,518 3 Aug 31, 2012 186 nc Reflections At Keppel Bay $3,230k $2,400 1,346 3 Aug 31, 2012 41 Reflections At Keppel Bay $3,307k $2,400 1,378 3 Aug 31, 2012 18 Vi Reflections At Keppel Bay $3,333k $2,150 1,550 2 Aug 31, 2012 174 Reflections At Keppel Bay $3,400k $2,194 1,550 3 Aug 31, 2012 108 Reflections At Keppel Bay $3,520k $2,200 1,600 3 Aug 31, 2012 10 REFLECTIONS AT KEPPEL BAY, $3,600k $2,077 1,733 3 Aug 31, 2012 92 1 Reflections At Keppel Bay $3,650k $1,862 1,960 3 Aug 31, 2012 67 Reflections At Keppel Bay $3,780k $2,700 1,400 2 Aug 31, 2012 168 Reflections At Keppel Bay $4,000k $2,562 1,561 3 Aug 31, 2012 15 Reflections At Keppel Bay $4,125k $2,178 1,894 3 Aug 31, 2012 38 Reflections At Keppel Bay $4,200k $2,620 1,603 3 Aug 31, 2012 274 Reflections At Keppel Bay $4,400k $2,033 2,164 3 Aug 31, 2012 17 Prepared for on Sep 10, 2012 63 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 64.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $4,500k $1,693 2,658 4 Aug 31, 2012 17 Reflections At Keppel Bay $4,556k $1,771 2,573 4 Aug 31, 2012 154 Reflections At Keppel Bay $4,750k $1,900 2,500 4 Aug 31, 2012 108 Reflections At Keppel Bay $5,270k $2,400 2,196 3 Aug 31, 2012 182 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $5,880k $2,800 2,100 3 Aug 31, 2012 168 Reflections At Keppel Bay $6,000k $2,681 2,238 3 Aug 31, 2012 10 Reflections At Keppel Bay $6,000k $2,285 2,626 4 Aug 31, 2012 30 Reflections At Keppel Bay $6,249k $2,400 2,604 4 Aug 31, 2012 201 Reflections At Keppel Bay $6,380k $2,900 2,200 3 Aug 31, 2012 168 31 Reflections At Keppel Bay $8,000k $2,617 3,057 4 Aug 31, 2012 10 Reflections At Keppel Bay $8,500k $2,742 3,100 4 Aug 31, 2012 106 99 Reflections At Keppel Bay $10,500k $2,630 3,993 4 Aug 31, 2012 10 REFLECTIONS AT KEPPEL BAY, $11,500k $2,949 3,900 4 Aug 31, 2012 10 1 37 REFLECTIONS AT KEPPEL BAY CALL - - - Aug 31, 2012 10 REFLECTIONS AT KEPPEL BAY CALL - - - Aug 31, 2012 10 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $1,750k $1,880k $2,120k $1,729 $1,918 $1,697 1,012 980 1,249 92 2 2 2 Aug 30, 2012 Aug 30, 2012 Aug 30, 2012 160 68 189 @ Reflections At Keppel Bay $2,180k $2,026 1,076 2 Aug 30, 2012 52 Reflections At Keppel Bay $2,300k $1,795 1,281 3 Aug 30, 2012 168 Reflections At Keppel Bay $2,630k $2,305 1,141 2 Aug 30, 2012 550 g Reflections At Keppel Bay $3,051k $2,025 1,507 3 Aug 30, 2012 550 Reflections At Keppel Bay $3,077k $2,199 1,399 2 Aug 30, 2012 42 on REFLECTIONS AT KEPPEL BAY $3,077k $2,199 1,399 2 Aug 30, 2012 67 Reflections At Keppel Bay $3,097k $2,230 1,388 3 Aug 30, 2012 550 tT Reflections At Keppel Bay $3,100k $2,250 1,378 3 Aug 30, 2012 420 Reflections At Keppel Bay $3,100k $2,000 1,550 3 Aug 30, 2012 749 Reflections At Keppel Bay $3,400k $2,526 1,346 2 Aug 30, 2012 19 en Reflections At Keppel Bay $3,568k $2,350 1,518 3 Aug 30, 2012 90 Reflections At Keppel Bay $4,032k $2,514 1,604 3 Aug 30, 2012 550 nc Reflections At Keppel Bay $4,328k $2,351 1,841 3 Aug 30, 2012 90 Reflections At Keppel Bay $4,597k $2,686 1,711 3 Aug 30, 2012 550 Reflections At Keppel Bay $4,800k $2,822 1,701 3 Aug 30, 2012 11 Vi Reflections At Keppel Bay $4,900k $1,937 2,529 3 Aug 30, 2012 809 Reflections At Keppel Bay $6,111k $2,592 2,357 4 Aug 30, 2012 550 Reflections At Keppel Bay $1,923k $1,900 1,012 2 Aug 29, 2012 249 Reflections At Keppel Bay $2,000k $2,020 990 2 Aug 29, 2012 148 Reflections At Keppel Bay $2,100k $2,381 882 2 Aug 29, 2012 78 Reflections At Keppel Bay $2,125k $2,100 1,012 2 Aug 29, 2012 40 Reflections At Keppel Bay $2,128k $2,150 990 2 Aug 29, 2012 19 Reflections At Keppel Bay $2,310k $1,803 1,281 3 Aug 29, 2012 54 Reflections At Keppel Bay $2,500k $1,859 1,345 3 Aug 29, 2012 71 Reflections At Keppel Bay $2,600k $2,490 1,044 3 Aug 29, 2012 12 Prepared for on Sep 10, 2012 64 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 65.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $3,390k $2,128 1,593 3 Aug 29, 2012 13 Reflections At Keppel Bay $3,764k $2,200 1,711 3 Aug 29, 2012 40 Reflections At Keppel Bay $4,300k $2,497 1,722 3 Aug 29, 2012 12 Reflections At Keppel Bay $4,300k $2,497 1,722 3 Aug 29, 2012 13 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $5,196k $2,450 2,121 3 Aug 29, 2012 327 Reflections At Keppel Bay $5,500k $2,334 2,357 4 Aug 29, 2012 68 Reflections At Keppel Bay $5,500k $2,292 2,400 4 Aug 29, 2012 28 Reflections At Keppel Bay $9,600k $3,129 3,068 4 Aug 29, 2012 12 Reflections At Keppel Bay $1,700k $1,889 900 2 Aug 28, 2012 13 31 Reflections At Keppel Bay $1,720k $1,700 1,012 2 Aug 28, 2012 112 Reflections At Keppel Bay $1,820k $1,798 1,012 2 Aug 28, 2012 68 99 Reflections At Keppel Bay $1,894k $2,200 861 2 Aug 28, 2012 46 Reflections At Keppel Bay $2,097k $2,214 947 2 Aug 28, 2012 109 Reflections At Keppel Bay $2,120k $2,095 1,012 2 Aug 28, 2012 223 37 Reflections At Keppel Bay $2,180k $2,026 1,076 2 Aug 28, 2012 56 Reflections At Keppel Bay $2,209k $1,770 1,248 2 Aug 28, 2012 124 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $2,300k $2,350k $2,400k $1,795 $1,808 $2,145 1,281 1,300 1,119 92 3 3 2 Aug 28, 2012 Aug 28, 2012 Aug 28, 2012 13 74 172 @ The Pearl @ Mount Faber $2,450k $1,044 2,346 3 Aug 28, 2012 472 Reflections At Keppel Bay $2,499k $1,542 1,621 3 Aug 28, 2012 19 Reflections At Keppel Bay $2,590k $1,693 1,530 3 Aug 28, 2012 23 g Reflections At Keppel Bay $2,889k $2,064 1,400 3 Aug 28, 2012 74 on Reflections At Keppel Bay $2,972k $1,905 1,560 3 Aug 28, 2012 137 Reflections At Keppel Bay $3,080k $2,001 1,539 3 Aug 28, 2012 74 Reflections At Keppel Bay $3,150k $2,032 1,550 3 Aug 28, 2012 56 tT Reflections At Keppel Bay $3,350k $2,255 1,485 3 Aug 28, 2012 356 REFLECTIONS AT KEPPEL BAY $3,600k $2,244 1,604 3 Aug 28, 2012 205 Reflections At Keppel Bay $3,700k $1,850 2,000 3 Aug 28, 2012 74 en Reflections At Keppel Bay $3,800k $2,209 1,720 3 Aug 28, 2012 74 Reflections At Keppel Bay $3,800k $2,434 1,561 3 Aug 28, 2012 181 nc Reflections At Keppel Bay $4,000k $2,338 1,711 3 Aug 28, 2012 65 Reflections At Keppel Bay $4,000k $2,564 1,560 3 Aug 28, 2012 49 Vi Reflections At Keppel Bay $4,500k $2,663 1,690 3 Aug 28, 2012 198 Reflections At Keppel Bay $5,800k $2,293 2,530 4 Aug 28, 2012 55 Reflections At Keppel Bay $6,348k $2,500 2,539 4 Aug 28, 2012 46 Reflections At Keppel Bay $8,000k $3,540 2,260 4 Aug 28, 2012 19 Reflections At Keppel Bay $8,313k $3,496 2,378 4 Aug 28, 2012 236 Reflections At Keppel Bay $8,700k $2,806 3,100 4 Aug 28, 2012 74 Reflections At Keppel Bay $10,600k $2,655 3,993 4 Aug 28, 2012 74 Reflections At Keppel Bay $20,000k $2,422 8,255 5 Aug 28, 2012 169 The Pearl @ Mount Faber $1,300k $1,206 1,078 2 Aug 27, 2012 14 The Pearl @ Mount Faber $1,730k $1,266 1,367 3 Aug 27, 2012 14 The Pearl @ Mount Faber $1,780k $1,282 1,389 3 Aug 27, 2012 21 Prepared for on Sep 10, 2012 65 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 66.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $1,900k $1,877 1,012 2 Aug 27, 2012 84 Reflections At Keppel Bay $2,200k $1,857 1,185 3 Aug 27, 2012 14 Reflections At Keppel Bay $2,300k $1,795 1,281 3 Aug 27, 2012 61 The Pearl @ Mount Faber $2,350k $1,022 2,300 3 Aug 27, 2012 14 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $2,400k $2,186 1,098 3 Aug 27, 2012 530 Reflections At Keppel Bay $2,559k $1,651 1,550 3 Aug 27, 2012 63 Reflections At Keppel Bay $3,000k $2,177 1,378 3 Aug 27, 2012 14 REFLECTIONS AT KEPPEL BAY, $3,350k $2,146 1,561 3 Aug 27, 2012 59 1 31 Reflections At Keppel Bay $3,600k $2,100 1,714 3 Aug 27, 2012 84 REFLECTIONS AT KEPPEL BAY, $3,650k $1,862 1,960 3 Aug 27, 2012 25 33 99 Reflections At Keppel Bay $3,680k $2,357 1,561 3 Aug 27, 2012 153 Reflections At Keppel Bay $3,700k $2,370 1,561 3 Aug 27, 2012 181 37 Reflections At Keppel Bay $3,733k $2,182 1,711 3 Aug 27, 2012 70 Reflections At Keppel Bay $4,500k $3,294 1,366 3 Aug 27, 2012 171 Reflections At Keppel Bay $5,050k $2,300 2,196 3 Aug 27, 2012 646 Reflections At Keppel Bay Reflections At Keppel Bay $5,860k $6,400k $2,254 $3,033 2,600 2,110 92 4 4 Aug 27, 2012 Aug 27, 2012 14 14 Reflections At Keppel Bay $6,850k $3,281 2,088 3 Aug 27, 2012 170 @ Reflections At Keppel Bay $7,200k $3,312 2,174 3 Aug 27, 2012 169 Reflections At Keppel Bay $8,900k $2,871 3,100 4 Aug 27, 2012 161 Reflections At Keppel Bay $8,925k $3,026 2,949 4 Aug 27, 2012 14 g Reflections At Keppel Bay $11,008k $3,314 3,322 4 Aug 27, 2012 14 on The Pearl @ Mount Faber $1,580k $1,138 1,389 3 Aug 26, 2012 15 Reflections At Keppel Bay $1,600k $1,930 829 2 Aug 26, 2012 173 tT Reflections At Keppel Bay $2,081k $2,102 990 2 Aug 26, 2012 45 Reflections At Keppel Bay $2,150k $2,038 1,055 2 Aug 26, 2012 15 Reflections At Keppel Bay $2,324k $2,250 1,033 2 Aug 26, 2012 15 en Reflections At Keppel Bay $3,500k $2,274 1,539 3 Aug 26, 2012 41 Reflections At Keppel Bay $7,000k $2,779 2,519 4 Aug 26, 2012 97 nc Reflections At Keppel Bay $7,500k $3,153 2,379 4 Aug 26, 2012 199 Reflections At Keppel Bay $1,690k $2,012 840 2 Aug 25, 2012 16 Reflections At Keppel Bay $1,775k $2,200 807 2 Aug 25, 2012 45 Vi Reflections At Keppel Bay $1,900k $1,939 980 2 Aug 25, 2012 16 Reflections At Keppel Bay $2,748k $1,691 1,625 3 Aug 25, 2012 16 REFLECTIONS AT KEPPEL BAY $2,944k $1,600 1,840 3 Aug 25, 2012 16 Reflections At Keppel Bay $3,100k $2,250 1,378 2 Aug 25, 2012 259 Reflections At Keppel Bay $3,260k $2,296 1,420 3 Aug 25, 2012 68 Reflections At Keppel Bay $3,500k $2,244 1,560 3 Aug 25, 2012 16 REFLECTIONS AT KEPPEL BAY $4,300k $2,497 1,722 3 Aug 25, 2012 23 Reflections At Keppel Bay $4,620k $1,798 2,570 4 Aug 25, 2012 161 Reflections At Keppel Bay $4,750k $2,013 2,360 4 Aug 25, 2012 172 Reflections At Keppel Bay $4,970k $1,900 2,615 4 Aug 25, 2012 357 Prepared for on Sep 10, 2012 66 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 67.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $5,380k $2,450 2,196 4 Aug 25, 2012 16 Reflections At Keppel Bay $11,500k $2,421 4,750 4 Aug 25, 2012 149 REFLECTIONS AT KEPPEL BAY CALL - - 4 Aug 25, 2012 16 REFLECTIONS AT KEPPEL BAY CALL - 1,539 3 Aug 25, 2012 16 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. REFLECTIONS AT KEPPEL BAY CALL - - 4 Aug 25, 2012 16 REFLECTIONS AT KEPPEL BAY CALL - 775 3 Aug 25, 2012 32 REFLECTIONS AT KEPPEL BAY CALL - 1,356 3 Aug 25, 2012 23 REFLECTIONS AT KEPPEL BAY CALL - 1,044 2 Aug 25, 2012 22 Reflections At Keppel Bay $1,780k $2,067 861 2 Aug 24, 2012 108 31 Reflections At Keppel Bay $1,800k $1,837 980 2 Aug 24, 2012 17 REFLECTIONS AT KEPPEL BAY, $1,800k $1,923 936 2 Aug 24, 2012 17 99 1 REFLECTIONS AT KEPPEL BAY, $1,800k $1,779 1,012 2 Aug 24, 2012 17 1 37 REFLECTIONS AT KEPPEL BAY $1,950k $1,812 1,076 2 Aug 24, 2012 424 Reflections At Keppel Bay $2,010k $1,868 1,076 2 Aug 24, 2012 40 Reflections At Keppel Bay $2,100k $2,352 893 2 Aug 24, 2012 42 Reflections At Keppel Bay Reflections At Keppel Bay $2,110k $2,250k $2,091 $1,918 1,009 1,173 92 2 2 Aug 24, 2012 Aug 24, 2012 221 221 Reflections At Keppel Bay $2,266k $1,800 1,259 3 Aug 24, 2012 17 @ REFLECTIONS AT KEPPEL BAY, $2,300k $2,298 1,001 2 Aug 24, 2012 17 1 Reflections At Keppel Bay $2,300k $1,795 1,281 3 Aug 24, 2012 63 g Reflections At Keppel Bay $2,306k $1,800 1,281 3 Aug 24, 2012 101 on Reflections At Keppel Bay $2,441k $1,800 1,356 3 Aug 24, 2012 19 REFLECTIONS AT KEPPEL BAY, $2,500k $2,345 1,066 2 Aug 24, 2012 17 1 tT Reflections At Keppel Bay $2,500k $2,212 1,130 2 Aug 24, 2012 328 Reflections At Keppel Bay $2,600k $2,301 1,130 2 Aug 24, 2012 343 en REFLECTIONS AT KEPPEL BAY, $2,700k $1,662 1,625 3 Aug 24, 2012 84 1 REFLECTIONS AT KEPPEL BAY, $2,723k $2,200 1,238 3 Aug 24, 2012 17 nc 1 REFLECTIONS AT KEPPEL BAY, $3,250k $1,899 1,711 3 Aug 24, 2012 17 1 Vi REFLECTIONS AT KEPPEL BAY, $3,410k $2,200 1,550 3 Aug 24, 2012 17 1 Reflections At Keppel Bay $3,500k $2,182 1,604 3 Aug 24, 2012 17 Reflections At Keppel Bay $3,500k $2,182 1,604 3 Aug 24, 2012 52 REFLECTIONS AT KEPPEL BAY, $3,609k $2,250 1,604 3 Aug 24, 2012 17 1 Reflections At Keppel Bay $3,800k $1,959 1,940 3 Aug 24, 2012 71 Reflections At Keppel Bay $3,950k $2,309 1,711 3 Aug 24, 2012 29 Reflections At Keppel Bay $4,000k $2,367 1,690 3 Aug 24, 2012 42 Reflections At Keppel Bay $4,106k $2,168 1,894 3 Aug 24, 2012 126 Reflections At Keppel Bay $4,600k $1,858 2,476 4 Aug 24, 2012 100 Prepared for on Sep 10, 2012 67 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 68.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 REFLECTIONS AT KEPPEL BAY CALL - - 4 Aug 24, 2012 17 REFLECTIONS AT KEPPEL BAY CALL - 2,400 4 Aug 24, 2012 17 REFLECTIONS AT KEPPEL BAY CALL - 1,500 3 Aug 24, 2012 17 The Pearl @ Mount Faber $1,750k $1,260 1,389 3 Aug 23, 2012 18 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $1,900k $1,877 1,012 2 Aug 23, 2012 218 Reflections At Keppel Bay $1,950k $1,662 1,173 2 Aug 23, 2012 241 Reflections At Keppel Bay $1,989k $2,200 904 2 Aug 23, 2012 18 REFLECTIONS AT KEPPEL BAY, $2,128k $2,150 990 2 Aug 23, 2012 18 33 31 Reflections At Keppel Bay $2,200k $1,747 1,259 3 Aug 23, 2012 18 Reflections At Keppel Bay $2,268k $1,803 1,258 3 Aug 23, 2012 18 99 Reflections At Keppel Bay $2,300k $1,795 1,281 3 Aug 23, 2012 80 Reflections At Keppel Bay $2,300k $1,795 1,281 3 Aug 23, 2012 52 Reflections At Keppel Bay $2,340k $1,890 1,238 3 Aug 23, 2012 40 37 Reflections At Keppel Bay $2,544k $1,861 1,367 3 Aug 23, 2012 18 Reflections At Keppel Bay $2,588k $1,593 1,625 3 Aug 23, 2012 118 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $2,680k $2,950k $3,300k $2,222 $2,109 $2,174 1,206 1,399 1,518 92 2 3 3 Aug 23, 2012 Aug 23, 2012 Aug 23, 2012 167 18 127 @ Reflections At Keppel Bay $3,300k $2,322 1,421 3 Aug 23, 2012 38 Reflections At Keppel Bay $3,307k $2,400 1,378 3 Aug 23, 2012 18 Reflections At Keppel Bay $3,480k $2,170 1,604 3 Aug 23, 2012 18 g Reflections At Keppel Bay $3,650k $1,862 1,960 3 Aug 23, 2012 19 Reflections At Keppel Bay $3,900k $2,500 1,560 3 Aug 23, 2012 18 on Reflections At Keppel Bay $4,000k $2,323 1,722 3 Aug 23, 2012 20 Reflections At Keppel Bay $4,060k $2,402 1,690 3 Aug 23, 2012 131 tT Reflections At Keppel Bay $4,160k $2,461 1,690 3 Aug 23, 2012 98 Reflections At Keppel Bay $4,200k $2,485 1,690 3 Aug 23, 2012 110 Reflections At Keppel Bay $4,380k $2,503 1,750 3 Aug 23, 2012 18 en Reflections At Keppel Bay $4,400k $2,572 1,711 3 Aug 23, 2012 46 Reflections At Keppel Bay $5,000k $2,265 2,207 3 Aug 23, 2012 225 nc Reflections At Keppel Bay $7,750k $1,593 4,865 5 Aug 23, 2012 117 Reflections At Keppel Bay $10,000k $2,504 3,993 4 Aug 23, 2012 18 Reflections At Keppel Bay $11,500k $3,026 3,800 4 Aug 23, 2012 124 Vi REFLECTIONS AT KEPPEL BAY CALL - - 4 Aug 23, 2012 18 Reflections At Keppel Bay $1,900k $1,620 1,173 2 Aug 22, 2012 29 Reflections At Keppel Bay $1,900k $1,803 1,054 2 Aug 22, 2012 19 Reflections At Keppel Bay $2,064k $1,880 1,098 2 Aug 22, 2012 236 Reflections At Keppel Bay $2,100k $2,121 990 2 Aug 22, 2012 45 Reflections At Keppel Bay $2,200k $2,045 1,076 2 Aug 22, 2012 77 Reflections At Keppel Bay $2,475k $2,300 1,076 3 Aug 22, 2012 29 Reflections At Keppel Bay $2,583k $2,500 1,033 2 Aug 22, 2012 52 Reflections At Keppel Bay $2,680k $1,741 1,539 3 Aug 22, 2012 19 Reflections At Keppel Bay $2,712k $2,400 1,130 2 Aug 22, 2012 29 Prepared for on Sep 10, 2012 68 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 69.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $2,920k $2,025 1,442 3 Aug 22, 2012 98 Reflections At Keppel Bay $3,200k $1,995 1,604 3 Aug 22, 2012 64 Reflections At Keppel Bay $3,300k $2,395 1,378 3 Aug 22, 2012 19 Reflections At Keppel Bay $3,300k $2,391 1,380 3 Aug 22, 2012 45 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $3,400k $2,000 1,700 3 Aug 22, 2012 29 Reflections At Keppel Bay $3,609k $2,250 1,604 3 Aug 22, 2012 29 Reflections At Keppel Bay $3,800k $2,469 1,539 3 Aug 22, 2012 99 Reflections At Keppel Bay $3,900k $2,047 1,905 3 Aug 22, 2012 183 Reflections At Keppel Bay $4,300k $2,513 1,711 3 Aug 22, 2012 205 31 Reflections At Keppel Bay $4,888k $2,857 1,711 3 Aug 22, 2012 64 Reflections At Keppel Bay $5,270k $2,400 2,196 3 Aug 22, 2012 311 99 Reflections At Keppel Bay $6,737k $3,145 2,142 4 Aug 22, 2012 205 Reflections At Keppel Bay $10,000k $3,128 3,197 4 Aug 22, 2012 462 REFLECTIONS AT KEPPEL BAY, $1,520k $1,569 969 2 Aug 21, 2012 29 37 1 Reflections At Keppel Bay $1,700k $1,680 1,012 2 Aug 21, 2012 136 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $1,910k $2,000k $2,080k $1,775 $1,976 $2,101 1,076 1,012 990 92 2 2 2 Aug 21, 2012 Aug 21, 2012 Aug 21, 2012 20 168 97 @ REFLECTIONS AT KEPPEL BAY, $2,100k $2,053 1,023 3 Aug 21, 2012 29 1 Reflections At Keppel Bay $2,190k $1,850 1,184 3 Aug 21, 2012 20 Reflections At Keppel Bay $2,305k $1,799 1,281 3 Aug 21, 2012 115 g Reflections At Keppel Bay $2,310k $1,803 1,281 3 Aug 21, 2012 48 on Reflections At Keppel Bay $2,353k $2,351 1,001 2 Aug 21, 2012 47 Reflections At Keppel Bay $2,373k $2,100 1,130 2 Aug 21, 2012 47 tT Reflections At Keppel Bay $2,400k $2,145 1,119 3 Aug 21, 2012 69 Reflections At Keppel Bay $2,600k $1,917 1,356 3 Aug 21, 2012 47 Reflections At Keppel Bay $2,730k $1,798 1,518 3 Aug 21, 2012 47 en Reflections At Keppel Bay $2,774k $1,841 1,507 3 Aug 21, 2012 312 Reflections At Keppel Bay $2,990k $2,170 1,378 3 Aug 21, 2012 24 nc Reflections At Keppel Bay $3,280k $2,345 1,399 3 Aug 21, 2012 54 Reflections At Keppel Bay $3,600k $2,496 1,442 3 Aug 21, 2012 175 Reflections At Keppel Bay $3,700k $2,308 1,603 3 Aug 21, 2012 49 Vi Reflections At Keppel Bay $3,800k $2,221 1,711 3 Aug 21, 2012 168 Reflections At Keppel Bay $4,300k $2,544 1,690 3 Aug 21, 2012 109 Reflections At Keppel Bay $6,933k $2,814 2,464 4 Aug 21, 2012 233 Reflections At Keppel Bay $8,880k $2,894 3,068 4 Aug 21, 2012 93 Reflections At Keppel Bay $13,000k $3,081 4,219 5 Aug 21, 2012 74 Reflections At Keppel Bay $22,000k $3,125 7,038 4 Aug 21, 2012 74 Reflections At Keppel Bay $1,760k $1,880 936 2 Aug 20, 2012 50 Reflections At Keppel Bay $1,850k $1,828 1,012 2 Aug 20, 2012 298 Reflections At Keppel Bay $2,025k $1,810 1,119 2 Aug 20, 2012 50 Reflections At Keppel Bay $2,080k $2,101 990 2 Aug 20, 2012 130 Prepared for on Sep 10, 2012 69 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 70.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $2,135k $2,110 1,012 2 Aug 20, 2012 50 Reflections At Keppel Bay $2,250k $1,699 1,324 3 Aug 20, 2012 68 Reflections At Keppel Bay $2,307k $2,042 1,130 2 Aug 20, 2012 292 The Pearl @ Mount Faber $2,400k $1,000 2,400 3 Aug 20, 2012 249 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $2,400k $1,874 1,281 3 Aug 20, 2012 48 Reflections At Keppel Bay $2,550k $2,235 1,141 2 Aug 20, 2012 40 Reflections At Keppel Bay $2,550k $1,574 1,620 3 Aug 20, 2012 21 Reflections At Keppel Bay $2,568k $2,409 1,066 3 Aug 20, 2012 50 REFLECTIONS AT KEPPEL BAY, $2,637k $1,724 1,530 3 Aug 20, 2012 152 31 1 Reflections At Keppel Bay $2,980k $2,407 1,238 3 Aug 20, 2012 50 99 Reflections At Keppel Bay $3,350k $2,431 1,378 3 Aug 20, 2012 21 Reflections At Keppel Bay $3,650k $1,872 1,950 3 Aug 20, 2012 21 Reflections At Keppel Bay $3,800k $2,221 1,711 3 Aug 20, 2012 298 37 Reflections At Keppel Bay $5,500k $2,165 2,540 4 Aug 20, 2012 21 Reflections At Keppel Bay $5,589k $2,228 2,508 4 Aug 20, 2012 475 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $9,350k $10,600k $1,850k $3,016 $2,655 $1,719 3,100 3,993 1,076 92 4 4 2 Aug 20, 2012 Aug 20, 2012 Aug 19, 2012 50 51 341 @ Reflections At Keppel Bay $2,100k $1,952 1,076 2 Aug 19, 2012 76 Reflections At Keppel Bay $3,100k $2,000 1,550 3 Aug 19, 2012 130 Reflections At Keppel Bay $3,280k $2,475 1,325 3 Aug 19, 2012 76 g Reflections At Keppel Bay $3,560k $2,282 1,560 3 Aug 19, 2012 22 Reflections At Keppel Bay $3,764k $2,200 1,711 3 Aug 19, 2012 52 on REFLECTIONS AT KEPPEL BAY $6,302k $2,400 2,626 4 Aug 19, 2012 148 Reflections At Keppel Bay $6,500k $2,771 2,346 4 Aug 19, 2012 104 tT Reflections At Keppel Bay $1,700k $2,107 807 2 Aug 18, 2012 52 Reflections At Keppel Bay $1,888k $2,402 786 2 Aug 18, 2012 145 Reflections At Keppel Bay $2,300k $1,795 1,281 3 Aug 18, 2012 93 en Reflections At Keppel Bay $2,550k $1,584 1,610 3 Aug 18, 2012 23 Reflections At Keppel Bay $2,599k $2,300 1,130 2 Aug 18, 2012 134 nc REFLECTIONS AT KEPPEL BAY $2,600k $1,600 1,625 3 Aug 18, 2012 23 Reflections At Keppel Bay $2,765k $2,400 1,152 3 Aug 18, 2012 41 Reflections At Keppel Bay $2,884k $1,900 1,518 3 Aug 18, 2012 42 Vi Reflections At Keppel Bay $2,957k $2,020 1,464 4 Aug 18, 2012 26 Reflections At Keppel Bay $3,100k $2,072 1,496 3 Aug 18, 2012 42 Reflections At Keppel Bay $3,100k $2,181 1,421 2 Aug 18, 2012 244 Reflections At Keppel Bay $3,650k $1,862 1,960 2 Aug 18, 2012 31 Reflections At Keppel Bay $3,800k $3,018 1,259 3 Aug 18, 2012 39 Reflections @ Keppel Bay $4,100k $2,059 1,991 3 Aug 18, 2012 69 Reflections At Keppel Bay $4,423k $2,600 1,701 3 Aug 18, 2012 39 Reflections At Keppel Bay $4,726k $2,710 1,744 3 Aug 18, 2012 160 Reflections At Keppel Bay $2,000k $1,859 1,076 3 Aug 17, 2012 127 REFLECTIONS AT KEPPEL BAY, $2,100k $1,877 1,119 2 Aug 17, 2012 24 Prepared for on Sep 10, 2012 70 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 71.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 1 Reflections At Keppel Bay $2,100k $1,992 1,054 2 Aug 17, 2012 78 Reflections At Keppel Bay $2,178k $2,200 990 2 Aug 17, 2012 109 Reflections At Keppel Bay $2,180k $1,847 1,180 3 Aug 17, 2012 104 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $2,200k $1,833 1,200 3 Aug 17, 2012 181 Reflections At Keppel Bay $2,200k $1,928 1,141 2 Aug 17, 2012 24 Reflections At Keppel Bay $2,306k $1,800 1,281 3 Aug 17, 2012 52 Reflections At Keppel Bay $2,310k $1,803 1,281 3 Aug 17, 2012 140 Reflections At Keppel Bay $2,350k $2,140 1,098 2 Aug 17, 2012 144 31 Reflections At Keppel Bay $2,689k $2,403 1,119 2 Aug 17, 2012 191 REFLECTIONS AT KEPPEL BAY, $3,308k $2,401 1,378 3 Aug 17, 2012 37 99 1 Reflections At Keppel Bay $3,600k $2,633 1,367 2 Aug 17, 2012 69 Reflections At Keppel Bay $4,550k $2,261 2,012 3 Aug 17, 2012 247 37 Reflections At Keppel Bay $4,880k $2,337 2,088 3 Aug 17, 2012 247 Reflections At Keppel Bay $8,000k $2,617 3,057 4 Aug 17, 2012 365 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $8,301k $10,000k $1,690k $3,021 $3,030 $1,963 2,748 3,300 861 92 4 4 2 Aug 17, 2012 Aug 17, 2012 Aug 16, 2012 174 29 25 @ Reflections At Keppel Bay $1,690k $1,847 915 2 Aug 16, 2012 553 Reflections At Keppel Bay $2,306k $1,800 1,281 3 Aug 16, 2012 153 REFLECTIONS AT KEPPEL BAY, $2,700k $1,742 1,550 3 Aug 16, 2012 25 1 g Reflections At Keppel Bay $3,000k $1,976 1,518 3 Aug 16, 2012 49 on Reflections At Keppel Bay $3,500k $2,183 1,603 3 Aug 16, 2012 25 Reflections At Keppel Bay $3,700k $2,707 1,367 2 Aug 16, 2012 69 tT Reflections At Keppel Bay $3,700k $2,162 1,711 3 Aug 16, 2012 54 REFLECTIONS AT KEPPEL BAY, $4,056k $2,400 1,690 3 Aug 16, 2012 173 1 en REFLECTIONS AT KEPPEL BAY, $4,500k $2,804 1,605 3 Aug 16, 2012 25 1 Reflections At Keppel Bay $5,410k $2,500 2,164 3 Aug 16, 2012 67 nc Reflections At Keppel Bay $5,600k $2,682 2,088 3 Aug 16, 2012 26 Reflections At Keppel Bay $5,786k $2,400 2,411 4 Aug 16, 2012 188 Vi Reflections At Keppel Bay $5,800k $2,668 2,174 3 Aug 16, 2012 26 Reflections At Keppel Bay $1,700k $1,680 1,012 2 Aug 15, 2012 66 Reflections At Keppel Bay $2,080k $2,101 990 2 Aug 15, 2012 181 Reflections At Keppel Bay $2,129k $2,366 900 2 Aug 15, 2012 52 Reflections At Keppel Bay $2,130k $2,105 1,012 2 Aug 15, 2012 53 The Pearl @ Mount Faber $2,530k $1,100 2,300 3 Aug 15, 2012 198 Reflections At Keppel Bay $3,307k $2,400 1,378 3 Aug 15, 2012 38 REFLECTIONS AT KEPPEL BAY, $3,386k $2,200 1,539 3 Aug 15, 2012 26 1 REFLECTIONS AT KEPPEL BAY, $3,650k $1,862 1,960 3 Aug 15, 2012 40 33 Prepared for on Sep 10, 2012 71 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 72.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $3,800k $2,235 1,700 3 Aug 15, 2012 109 REFLECTIONS AT KEPPEL BAY, $4,056k $2,400 1,690 3 Aug 15, 2012 26 1 REFLECTIONS AT KEPPEL BAY, $4,128k $2,700 1,529 3 Aug 15, 2012 26 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. 1 REFLECTIONS AT KEPPEL BAY, $4,968k $1,900 2,615 4 Aug 15, 2012 26 1 Reflections At Keppel Bay $5,767k $2,653 2,174 3 Aug 15, 2012 52 Reflections At Keppel Bay $6,823k $2,908 2,346 4 Aug 15, 2012 127 31 Reflections At Keppel Bay $7,800k $2,552 3,057 4 Aug 15, 2012 37 REFLECTIONS AT KEPPEL BAY, $8,000k $2,511 3,186 4 Aug 15, 2012 26 1 99 Reflections At Keppel Bay $1,950k $1,647 1,184 2 Aug 14, 2012 31 Reflections At Keppel Bay $2,080k $2,101 990 2 Aug 14, 2012 27 Reflections At Keppel Bay $2,100k $1,991 1,055 2 Aug 14, 2012 31 37 Reflections At Keppel Bay $2,216k $2,101 1,055 2 Aug 14, 2012 28 Reflections At Keppel Bay $2,223k $1,950 1,140 3 Aug 14, 2012 270 Reflections At Keppel Bay Reflections At Keppel Bay Reflections At Keppel Bay $2,306k $2,306k $2,800k $1,800 $1,800 $2,000 1,281 1,281 1,400 92 3 3 3 Aug 14, 2012 Aug 14, 2012 Aug 14, 2012 54 53 27 @ Reflections At Keppel Bay $2,825k $2,050 1,378 2 Aug 14, 2012 165 REFLECTIONS AT KEPPEL BAY, $3,100k $2,268 1,367 2 Aug 14, 2012 27 1 g Reflections At Keppel Bay $3,258k $2,031 1,604 3 Aug 14, 2012 27 Reflections At Keppel Bay $3,308k $2,401 1,378 3 Aug 14, 2012 37 on Reflections At Keppel Bay $3,900k $2,368 1,647 3 Aug 14, 2012 174 Reflections At Keppel Bay $3,923k $2,170 1,808 3 Aug 14, 2012 124 tT Reflections At Keppel Bay $4,184k $1,580 2,648 4 Aug 14, 2012 202 Reflections At Keppel Bay $4,900k $2,032 2,411 4 Aug 14, 2012 27 REFLECTIONS AT KEPPEL BAY, $5,600k $2,682 2,088 3 Aug 14, 2012 27 en 1 REFLECTIONS AT KEPPEL BAY, $5,800k $2,668 2,174 3 Aug 14, 2012 27 1 nc Reflections At Keppel Bay $7,147k $2,324 3,075 4 Aug 14, 2012 28 Reflections At Keppel Bay $8,100k $2,656 3,050 4 Aug 14, 2012 27 Vi Reflections At Keppel Bay $20,000k $2,422 8,255 5 Aug 14, 2012 124 Reflections At Keppel Bay $1,895k $1,798 1,054 2 Aug 13, 2012 28 Reflections At Keppel Bay $2,074k $1,800 1,152 2 Aug 13, 2012 28 Reflections At Keppel Bay $2,180k $1,702 1,281 3 Aug 13, 2012 152 REFLECTIONS AT KEPPEL BAY, $2,500k $2,345 1,066 3 Aug 13, 2012 28 1 Reflections At Keppel Bay $2,590k $2,292 1,130 2 Aug 13, 2012 28 Reflections At Keppel Bay $2,817k $1,734 1,625 3 Aug 13, 2012 28 Reflections At Keppel Bay $2,921k $1,898 1,539 3 Aug 13, 2012 28 Reflections At Keppel Bay $2,950k $1,943 1,518 3 Aug 13, 2012 87 Reflections At Keppel Bay $2,966k $1,997 1,485 3 Aug 13, 2012 28 Prepared for on Sep 10, 2012 72 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 73.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Reflections At Keppel Bay $3,700k $1,848 2,002 3 Aug 13, 2012 179 Reflections At Keppel Bay $4,258k $2,428 1,754 3 Aug 13, 2012 28 Reflections At Keppel Bay $4,600k $1,952 2,357 4 Aug 13, 2012 87 Reflections At Keppel Bay $4,900k $1,843 2,658 4 Aug 13, 2012 28 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Reflections At Keppel Bay $5,200k $2,100 2,476 4 Aug 13, 2012 87 Reflections At Keppel Bay $5,300k $2,474 2,142 3 Aug 13, 2012 122 Reflections At Keppel Bay $7,035k $2,794 2,518 4 Aug 13, 2012 28 Reflections At Keppel Bay $9,886k $3,365 2,938 4 Aug 13, 2012 28 Reflections At Keppel Bay $10,191k $3,469 2,938 4 Aug 13, 2012 28 31 Reflections At Keppel Bay $2,306k $1,800 1,281 3 Aug 12, 2012 144 Reflections At Keppel Bay $3,650k $1,862 1,960 3 Aug 12, 2012 64 99 Reflections At Keppel Bay $3,900k $2,157 1,808 3 Aug 12, 2012 29 Reflections At Keppel Bay $2,281k $2,038 1,119 2 Aug 11, 2012 33 Reflections At Keppel Bay $3,234k $2,016 1,604 3 Aug 11, 2012 33 37 Reflections At Keppel Bay $5,000k $1,952 2,561 4 Aug 11, 2012 30 Rental Listings with similar sizes in Caribbean At Keppel Bay Rental Address Asking PSF 92 Built sqft Bed- rooms Posted @ Caribbean At Keppel Bay $5,200 $5.75 904 2 Sep 10, 2012 Caribbean At Keppel Bay $5,300 $5.94 893 2 Sep 10, 2012 Caribbean At Keppel Bay $5,300 $5.94 893 2 Sep 10, 2012 g Caribbean At Keppel Bay $5,500 $4.82 1,141 2 Sep 10, 2012 on Caribbean At Keppel Bay $5,700 $5.00 1,141 2 Sep 10, 2012 Caribbean At Keppel Bay $6,000 $4.89 1,227 3 Sep 10, 2012 Caribbean At Keppel Bay $6,000 $4.98 1,206 3 Sep 10, 2012 tT Caribbean At Keppel Bay $6,000 $4.89 1,227 3 Sep 10, 2012 Caribbean At Keppel Bay $6,000 $4.68 1,281 3 Sep 10, 2012 en Caribbean At Keppel Bay $6,200 $5.14 1,206 3 Sep 10, 2012 Caribbean At Keppel Bay $6,200 $5.10 1,216 3 Sep 10, 2012 Caribbean At Keppel Bay $6,200 $4.77 1,300 3 Sep 10, 2012 nc Caribbean At Keppel Bay $6,480 $5.06 1,281 3 Sep 10, 2012 Caribbean At Keppel Bay $6,500 $5.30 1,227 3 Sep 10, 2012 Vi Caribbean At Keppel Bay $6,500 $7.22 900 2 Sep 10, 2012 Caribbean At Keppel Bay $6,500 $5.20 1,249 3 Sep 10, 2012 Caribbean At Keppel Bay $6,500 $4.87 1,334 3 Sep 10, 2012 Caribbean At Keppel Bay $6,680 $5.18 1,290 3 Sep 10, 2012 Caribbean At Keppel Bay $6,800 $5.27 1,290 3 Sep 10, 2012 Caribbean At Keppel Bay $6,800 $5.09 1,335 4 Sep 10, 2012 Caribbean At Keppel Bay $6,800 $5.27 1,290 3 Sep 10, 2012 Caribbean At Keppel Bay $7,300 $5.47 1,335 3 Sep 10, 2012 Caribbean At Keppel Bay $8,000 $3.10 2,583 4 Sep 10, 2012 Caribbean At Keppel Bay $8,000 $4.86 1,647 4 Sep 10, 2012 Caribbean At Keppel Bay $8,500 $5.45 1,561 2 Sep 10, 2012 Prepared for on Sep 10, 2012 73 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 74.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $8,500 $5.31 1,600 3 Sep 10, 2012 Caribbean At Keppel Bay $8,530 $5.43 1,570 2 Sep 10, 2012 Caribbean At Keppel Bay $8,540 $5.51 1,550 2 Sep 10, 2012 Caribbean At Keppel Bay $8,900 $3.45 2,583 4 Sep 10, 2012 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $9,000 $3.48 2,583 3 Sep 10, 2012 Caribbean At Keppel Bay $9,000 $3.48 2,583 3 Sep 10, 2012 Caribbean At Keppel Bay $9,900 $4.55 2,174 3 Sep 10, 2012 Caribbean At Keppel Bay $10,000 $4.61 2,170 3 Sep 10, 2012 Caribbean At Keppel Bay $10,000 $4.60 2,174 3 Sep 10, 2012 31 Caribbean At Keppel Bay $10,880 $4.47 2,433 4 Sep 10, 2012 Caribbean At Keppel Bay $5,600 $6.27 893 2 Sep 9, 2012 99 Caribbean At Keppel Bay $5,900 $4.61 1,281 2 Sep 9, 2012 Caribbean At Keppel Bay $6,200 $4.84 1,281 3 Sep 9, 2012 Caribbean At Keppel Bay $6,300 $5.22 1,206 3 Sep 9, 2012 37 Caribbean At Keppel Bay $6,500 $5.30 1,227 3 Sep 9, 2012 Caribbean At Keppel Bay $6,500 $4.87 1,335 3 Sep 9, 2012 Caribbean At Keppel Bay Caribbean At Keppel Bay Caribbean At Keppel Bay $6,500 $7,000 $8,200 $4.95 $5.24 $4.98 92 1,313 1,335 1,647 3 3 4 Sep 9, 2012 Sep 9, 2012 Sep 9, 2012 @ Caribbean At Keppel Bay $8,300 $5.07 1,636 4 Sep 9, 2012 Caribbean At Keppel Bay $8,800 $4.05 2,174 3 Sep 9, 2012 Caribbean At Keppel Bay $10,000 $4.36 2,292 3 Sep 9, 2012 g Caribbean At Keppel Bay $11,000 $5.06 2,174 3 Sep 9, 2012 on Caribbean At Keppel Bay $5,000 $5.95 840 2 Sep 8, 2012 Caribbean At Keppel Bay $6,200 $5.05 1,227 3 Sep 8, 2012 Caribbean At Keppel Bay $6,500 $5.07 1,281 3 Sep 8, 2012 tT Caribbean At Keppel Bay $6,500 $4.72 1,378 3 Sep 8, 2012 Caribbean At Keppel Bay $6,900 $5.17 1,335 4 Sep 8, 2012 Caribbean At Keppel Bay $7,000 $5.06 1,384 3 Sep 8, 2012 en CARIBBEAN AT KEPPEL BAY, 46 $7,000 $5.46 1,281 3 Sep 8, 2012 Caribbean At Keppel Bay $7,800 $5.20 1,500 2 Sep 8, 2012 nc Caribbean At Keppel Bay $8,300 $3.21 2,583 3 Sep 8, 2012 Caribbean At Keppel Bay $8,500 $3.91 2,174 3 Sep 8, 2012 Vi Caribbean At Keppel Bay $10,000 $4.38 2,282 4 Sep 8, 2012 Caribbean At Keppel Bay $4,800 $5.38 893 2 Sep 7, 2012 Caribbean At Keppel Bay $5,200 $6.19 840 2 Sep 7, 2012 Caribbean At Keppel Bay $5,500 $6.16 893 2 Sep 7, 2012 CARIBBEAN AT KEPPEL BAY $5,500 $6.16 893 2 Sep 7, 2012 CARIBBEAN AT KEPPEL BAY $5,800 $4.56 1,271 3 Sep 7, 2012 Caribbean At Keppel Bay $5,900 $4.61 1,281 3 Sep 7, 2012 Caribbean At Keppel Bay $6,000 $4.69 1,280 3 Sep 7, 2012 Caribbean At Keppel Bay $6,300 $4.92 1,281 3 Sep 7, 2012 Caribbean At Keppel Bay $6,400 $4.72 1,355 3 Sep 7, 2012 Caribbean At Keppel Bay $6,500 $4.87 1,335 3 Sep 7, 2012 Prepared for on Sep 10, 2012 74 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 75.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $6,500 $5.30 1,227 3 Sep 7, 2012 Caribbean At Keppel Bay $6,500 $5.35 1,216 3 Sep 7, 2012 Caribbean At Keppel Bay $6,500 $4.79 1,356 3 Sep 7, 2012 CARIBBEAN AT KEPPEL BAY $6,640 $5.41 1,227 3 Sep 7, 2012 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $7,000 $5.46 1,281 3 Sep 7, 2012 Caribbean At Keppel Bay $7,000 $5.24 1,335 3 Sep 7, 2012 Caribbean At Keppel Bay $8,000 $5.93 1,350 3 Sep 7, 2012 Caribbean At Keppel Bay $8,000 $3.10 2,583 4 Sep 7, 2012 Caribbean At Keppel Bay $8,500 $3.91 2,174 3 Sep 7, 2012 31 CARIBBEAN AT KEPPEL BAY $8,600 $5.26 1,636 4 Sep 7, 2012 Caribbean At Keppel Bay $9,000 $3.48 2,583 3 Sep 7, 2012 99 Caribbean At Keppel Bay $9,000 $3.48 2,583 3 Sep 7, 2012 Caribbean At Keppel Bay $9,900 $4.56 2,170 3 Sep 7, 2012 Caribbean At Keppel Bay $10,000 $4.55 2,200 4 Sep 7, 2012 37 Caribbean At Keppel Bay $5,000 $5.79 863 2 Sep 6, 2012 Caribbean At Keppel Bay $5,500 $4.87 1,130 2 Sep 6, 2012 CARIBBEAN AT KEPPEL BAY, 2 CARIBBEAN AT KEPPEL BAY Caribbean At Keppel Bay $6,000 $6,200 $6,300 $5.22 $4.66 $5.13 92 1,150 1,330 1,227 2 3 3 Sep 6, 2012 Sep 6, 2012 Sep 6, 2012 @ Caribbean At Keppel Bay $6,500 $5.07 1,281 3 Sep 6, 2012 Caribbean At Keppel Bay $6,500 $5.07 1,281 3 Sep 6, 2012 Caribbean At Keppel Bay $7,900 $4.79 1,650 3 Sep 6, 2012 g Caribbean At Keppel Bay $8,000 $3.51 2,282 3 Sep 6, 2012 on Caribbean At Keppel Bay $8,000 $4.86 1,647 2 Sep 6, 2012 Caribbean At Keppel Bay $9,900 $4.56 2,170 3 Sep 6, 2012 Caribbean At Keppel Bay $10,000 $4.38 2,282 4 Sep 6, 2012 tT Caribbean At Keppel Bay $10,000 $4.38 2,282 4 Sep 6, 2012 Caribbean At Keppel Bay $4,500 $5.00 900 2 Sep 5, 2012 Caribbean At Keppel Bay $5,200 $5.78 900 2 Sep 5, 2012 en Caribbean At Keppel Bay $5,300 $6.08 872 2 Sep 5, 2012 Caribbean At Keppel Bay $5,700 $4.45 1,281 3 Sep 5, 2012 nc Caribbean At Keppel Bay $6,000 $4.93 1,216 3 Sep 5, 2012 Caribbean At Keppel Bay $7,020 $5.26 1,335 3 Sep 5, 2012 Vi CARIBBEAN AT KEPPEL BAY $7,500 $4.44 1,690 3 Sep 5, 2012 Caribbean At Keppel Bay $8,500 $5.20 1,636 4 Sep 5, 2012 Caribbean At Keppel Bay $9,000 $4.14 2,174 3 Sep 5, 2012 Caribbean At Keppel Bay $9,500 $4.16 2,282 3 Sep 5, 2012 Caribbean At Keppel Bay $11,000 $5.79 1,900 4 Sep 5, 2012 Caribbean At Keppel Bay $5,000 $5.79 863 2 Sep 4, 2012 Caribbean At Keppel Bay $6,500 $4.92 1,320 3 Sep 4, 2012 Caribbean At Keppel Bay $6,500 $5.12 1,270 3 Sep 4, 2012 Caribbean At Keppel Bay $7,000 $5.71 1,227 3 Sep 4, 2012 Caribbean At Keppel Bay $7,000 $5.61 1,248 3 Sep 4, 2012 Caribbean At Keppel Bay $7,020 $5.28 1,330 3 Sep 4, 2012 Prepared for on Sep 10, 2012 75 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 76.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $7,200 $5.39 1,335 3 Sep 4, 2012 Caribbean At Keppel Bay $8,000 $4.71 1,700 3 Sep 4, 2012 Caribbean At Keppel Bay $8,000 $3.10 2,583 3 Sep 4, 2012 Caribbean At Keppel Bay $9,000 $5.50 1,636 4 Sep 4, 2012 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. Caribbean At Keppel Bay $4,700 $5.26 893 2 Sep 3, 2012 Caribbean At Keppel Bay $7,020 $5.26 1,335 3 Sep 3, 2012 Caribbean At Keppel Bay $8,000 $5.41 1,480 3 Sep 3, 2012 Caribbean At Keppel Bay $8,500 $5.31 1,600 4 Sep 3, 2012 Caribbean At Keppel Bay $6,050 $4.73 1,280 3 Sep 2, 2012 31 Caribbean At Keppel Bay $7,000 $5.24 1,335 3 Sep 2, 2012 Caribbean At Keppel Bay $8,800 $5.35 1,645 3 Sep 2, 2012 99 Caribbean At Keppel Bay $6,000 $4.72 1,270 3 Sep 1, 2012 Caribbean At Keppel Bay $6,000 $4.69 1,280 3 Sep 1, 2012 Caribbean At Keppel Bay $6,000 $4.89 1,228 3 Sep 1, 2012 37 Caribbean At Keppel Bay $6,300 $4.92 1,280 3 Sep 1, 2012 Caribbean At Keppel Bay $7,500 $4.58 1,636 4 Sep 1, 2012 Caribbean At Keppel Bay Caribbean At Keppel Bay Caribbean At Keppel Bay $7,600 $8,500 $8,800 $3.50 $3.91 $4.05 92 2,174 2,174 2,174 3 3 3 Sep 1, 2012 Sep 1, 2012 Sep 1, 2012 @ Caribbean At Keppel Bay $5,000 $5.60 893 2 Aug 31, 2012 CARIBBEAN AT KEPPEL BAY $5,300 $6.08 872 2 Aug 31, 2012 Caribbean At Keppel Bay $5,800 $4.53 1,280 3 Aug 31, 2012 g Caribbean At Keppel Bay $5,999 $4.89 1,227 3 Aug 31, 2012 on Caribbean At Keppel Bay $6,300 $4.65 1,356 3 Aug 31, 2012 Caribbean At Keppel Bay $6,500 $4.72 1,378 3 Aug 31, 2012 Caribbean At Keppel Bay $6,800 $5.04 1,350 3 Aug 31, 2012 tT CARIBBEAN AT KEPPEL BAY $10,000 $6.73 1,485 3 Aug 31, 2012 Caribbean $10,000 $4.38 2,282 3 Aug 31, 2012 CARIBBEAN AT KEPPEL BAY $11,000 $5.79 1,900 4 Aug 31, 2012 en Caribbean At Keppel Bay $4,500 $5.04 893 2 Aug 30, 2012 Caribbean At Keppel Bay $4,700 $5.26 893 2 Aug 30, 2012 nc Caribbean At Keppel Bay $5,300 $4.65 1,141 2 Aug 30, 2012 Caribbean At Keppel Bay $6,000 $4.68 1,281 3 Aug 30, 2012 Vi Caribbean At Keppel Bay $8,300 $3.21 2,583 3 Aug 30, 2012 Caribbean At Keppel Bay $9,000 $5.45 1,650 4 Aug 30, 2012 CARIBBEAN AT KEPPEL BAY $5,200 $5.78 900 2 Aug 29, 2012 Caribbean At Keppel Bay $5,200 $5.96 872 2 Aug 29, 2012 Caribbean At Keppel Bay $5,200 $5.84 890 2 Aug 29, 2012 Caribbean At Keppel Bay $5,300 $6.01 882 2 Aug 29, 2012 Caribbean At Keppel Bay $5,500 $6.11 900 2 Aug 29, 2012 Caribbean At Keppel Bay $5,500 $6.55 840 2 Aug 29, 2012 Caribbean At Keppel Bay $5,700 $6.79 840 2 Aug 29, 2012 Caribbean At Keppel Bay $5,800 $4.57 1,270 3 Aug 29, 2012 CARIBBEAN AT KEPPEL BAY $6,000 $4.42 1,356 3 Aug 29, 2012 Prepared for on Sep 10, 2012 76 of 93 Information contained is for general purposes only and does not constitute any investment advice
  • 77.
    A Member ofSRX Vincent Tong Caribbean At Keppel Bay Report CEA Reg No: R013173G Powered by StreetSine Mobile: 92379931 Caribbean At Keppel Bay $6,100 $4.50 1,356 3 Aug 29, 2012 Caribbean At Keppel Bay $6,200 $4.84 1,281 3 Aug 29, 2012 Caribbean At Keppel Bay $6,600 $4.87 1,356 3 Aug 29, 2012 Caribbean At Keppel Bay $5,500 $4.40 1,249 3 Aug 28, 2012 © Vincent Tong (CEA Reg No: R013173G) (HP: 9237 9931) 10 Sep 2012. This report is for exclusive use by Vincent Tong. CARIBBEAN AT KEPPEL BAY $5,900 $4.42 1,335 3 Aug 28, 2012 Caribbean At Keppel Bay $6,300 $4.80 1,313 3 Aug 28, 2012 Caribbean At Keppel Bay $6,500 $5.35 1,216 3 Aug 28, 2012 Caribbean At Keppel Bay $6,500 $5.21 1,248 3 Aug 28, 2012 Caribbean At Keppel Bay $6,500 $4.79 1,356 3 Aug 28, 2012 31 CARIBBEAN AT KEPPEL BAY $7,000 $5.16 1,356 4 Aug 28, 2012 Caribbean At Keppel Bay $7,000 $5.24 1,335 3 Aug 28, 2012 99 Caribbean At Keppel Bay $8,200 $3.19 2,570 3 Aug 28, 2012 Caribbean At Keppel Bay $8,200 $5.01 1,636 4 Aug 28, 2012 Caribbean At Keppel Bay $5,500 $5.98 920 2 Aug 27, 2012 37 Caribbean At Keppel Bay $6,000 $4.89 1,227 3 Aug 27, 2012 Caribbean At Keppel Bay $6,000 $4.69 1,280 3 Aug 27, 2012 Caribbean At Keppel Bay Caribbean At Keppel Bay Caribbean At Keppel Bay $6,500 $6,800 $7,000 $5.08 $5.02 $5.24 92 1,280 1,355 1,335 3 4 3 Aug 27, 2012 Aug 27, 2012