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13 Feb 2020 17:36:00
Details of Properties and its Revaluation
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Multi-National Residence Fund
Details of Properties and its Revaluation
1. Appraiser    :    Asset Asia Corporation Co., Ltd.
2. Valuation Date    :        31st October 2019
3. Location                            :    3.1   Palmtree Place Project and 
Nichada Garden Condominium Project are        located in the Nichada Thani
Project , Soi Samakee 29, Samakee Road, Tambon Bangtalad, Amphor Pakkret,
3.2    The Privilege Leam Chabang are located on Yuttasart-Nongkwa Tambon       
Bung, Amphur Sriracha, Chonburi Province
4.  Details of Properties:
Projects    Type    Number
of Units    Appraisal Value
1.    Palm Tree Place    2-storey single house     29    514,300,000
2.    Danicha Garden Condominium    7-storey Condominium     16    79,600,000
3.    The Privilege Leam Chabang    2-storey single house     35    282,460,000

5.  Method of valuation         :    The appraiser has applied the income method 
which derived from an estimation of the net income generated from the subject
properties. Under this valuation the appraiser applied 10-year discounted cash
flow projection plus its terminal value to indicate the property value.

6. Investors may request for more details of the appraisal report at the 
Management Company.
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