9months 2010 Investors' Presentation - Palm Hills Developments
9months 2010 Investors' Presentation - Palm Hills Developments
9months 2010 Investors' Presentation - Palm Hills Developments
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COMPETITIVE ADVANTAGES<br />
Predominantly self financing business model and<br />
short cash cycle<br />
PHD’s efficient business model, effective sales team and fast, on-time construction<br />
schedule means that the developer requires minimal upfront capital or ongoing working<br />
capital to fund its projects<br />
Land Acquisition Off-plan Sales<br />
(reservation phase)<br />
� 10% down<br />
payment<br />
� Balance paid over<br />
10 years<br />
� Including 3 yr.<br />
grace period<br />
� Interest bearing at<br />
approx. 9%<br />
� Master plan<br />
developed<br />
� 10% DP collected<br />
� Phased out sales<br />
plan<br />
� On average 50-<br />
70% off-plan sales<br />
Contracts Construction Post<br />
Handover<br />
� Licenses & Gov.<br />
approvals<br />
� Signed contracts<br />
� DP increased to 15%<br />
� Post-dated checks<br />
(PDC’s) received<br />
� PDC’s are drawn<br />
� Phased<br />
construction<br />
� 60-70% selffinanced<br />
� Units delivered<br />
� Full payment<br />
received<br />
� Facilities<br />
management<br />
Investors’ <strong>Presentation</strong> | November <strong>2010</strong><br />
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