| 1.Multinational Central Villa District |
| By the end of 2004, a good number of Fortune 500 companies have invested in Beijing with over 60% with relatively high housing budgets. Due to the proximity of quality international schools, easy access to downtown Beijing (CBD and Embassy Districts) and Beijing International Airport, it is obvious why expatriate families choose this neighborhood as their home, turning this into the most densely foreigner populated area in Beijing. |
| 2.General Comparison of Beijings Villa Leasing Market |
| |
District |
Characteristics |
Representative Project |
Leasing Price |
| CVD |
Riviera locale |
Mature expatriate
villa area |
Beijing Riviera /
Cathay View |
USD18/m² |
Wenyu River
locale |
Near natural trees
and river |
River Garden /
Yosemite |
USD16.8/m² |
Tianzhu
locale |
Very close to
Airport |
Chateau Regalia /
Legend Garden |
USD13.8/m² |
Other
villa
areas |
Chaobai river
locale |
Recreation and
Conferences |
Dragon Villa |
USD5-9/m² |
Changping,
Yabei locale |
Second home
(ie. Holiday house) |
Napa Valley /
Rose Garden |
|
| Xishan locale |
Natural beauty,
end-user property |
Fragrant Hill Villa |
|
Yizhuang,
Tongzhou locale |
Economical, end-
user property |
Courtyards by the Canal |
|
| *based on average monthly rentals in the second quarter of 2005 |
| 3.Cathay View as Investment |
a. Advantages to investing in Cathay View:
Excellent location
Part of Chaoyang District, therefore high potential for value appreciation
Reliable transportation network to all key destinations
Near Wenyu river, where ecological environment is better
Located in a mature and well-developed expatriate community
High potential for returns on investment
Rare Chinese-style villa, therefore a more secure investment
Exceptional and time-honored architecture, worthy of collection
International-standard property management services
Close proximity to international schools, whether as an investment or for personal use, there is no other choice |
| b. The chart below lists some typical rental rates for similar properties based on transactions for the second quarter of 2005. This may be indicative of rental rates to be expected at Cathay View. |
| Project |
Floor Area
(above ground) |
No. of
Bedrooms |
Monthly Rental |
Confirmed Clientele |
Beijing Riviera
Type A
(Phase 3 and 4) |
402m2 |
4rooms |
USD7,500 |
Oil Company
British family |
Bejing Riviera
Type C
(Phase 3 and 4) |
290m2 |
3rooms |
USD6,000 |
Automotive Co.
German family |
Grand Hills
Type B |
410m2 |
4rooms |
USD8,000 |
Automotive Co.
German family |
Grand Hills
Type J |
710m2 |
5rooms |
USD12,500 |
Oil Company
U.S. family |
Yosemite
Type B1 |
477m2 |
4rooms |
USD7,200 |
Furniture Co.
British family |
Yosemite
Type B7 |
326m2 |
4rooms |
USD6,500 |
Tel. Co.
Taiwanese family |
|
|
|
