Oasis at the lake is built on the inner strength of ethnic integration in Singapore, and is influenced by people from different backgrounds in culture, religion, food, language, history and culture. It is committed to creating a multifunctional waterfront living area with a vibrant business environment, vibrant living space and rich culture on the basis of a fully integrated island-wide transportation network.
1.position
Create a multi-functional dynamic space that integrates life and leisure, business, basic services, scientific and technological innovation and entrepreneurship, and create diversified dynamic life scenes.
Neighborhood communication space, recreation space and entrepreneurial service space are introduced into the community, and an aerial fitness slow track is formed by relying on the open park, which extends to the waterfront and enjoys the three-dimensional and dynamic waterfront park experience.
In order to enrich the surrounding formats and make up for the functional vacancy of CBD, rich commercial forms have been carried out, and commercial space and public space have been effectively combined to create a tourist landscape around the core area, enriching the types of public space.
2.waterfront landscape
Making full use of the natural environment of the waterfront, highlighting the local characteristics of Singapore, integrating modern urban design concepts, and solving the contradiction between the continuation of urban form and the protection of landscape and historical and cultural heritage is another highlight of this design.
The proposal builds an ecological public corridor along Jurong Lake, providing citizens with leisure public space, paying attention to ecological protection, setting up sponge facilities, enhancing the water permeability of the site, and creating more public space and unobstructed sight, strengthening the visual connection with Jurong Lake.
At the same time, in order to facilitate the development of waterfront, we have created a continuous waterfront bicycle lanes as an important area for gathering vitality.
3.Ecological greening
Through landscape replacement, the greening rate will be improved, thus shaping a sustainable lifestyle.
Setting a roof garden and a small roof farm on the top of the building can not only play a good landscape role, but also reduce the thermal effect of high-rise residential buildings. At the same time, a rainwater collection system is provided, which can be used as clean water. By adopting the recycling method, the resource consumption is reduced and the energy utilization efficiency is improved.
Consider the orientation of the building, improve the ventilation of the site, set up different levels of green space network, provide diversified ecological space for the site, and maximize the ecological value of the site.
4.traffic
Further optimize connectivity and accessibility, and promote green transportation; The addition of traffic stations has achieved the goal of reaching any traffic station within a 5-minute walk.
FINANCIAL NARRATIVE
Based on the 2023 ULI Hines APAC Pro Forma Template, the total cost of the project is $2.56792 billion, with equity accounting for 40% and debt accounting for 60%. The corresponding equity ratio for debt is 5% and 20%. Capital costs account for 20% of other project costs.
Through calculations, the total value of the project is $3.28478 billion . Based on a leveraged capital structure, the leveraged quarterly IRR is 3.88%, with an annual IRR of 16.46%.
The unleveraged quarterly IRR is 3.33%,
with an annual IRR of 13.99%.
In the real estate industry, a debt structure is commonly used as a financing method because it can reduce investor risk. In addition, the low debt ratios of 5% and 20% indicate that the project uses less leverage, which can lower financial risk.
The difference between leveraged IRR and unleveraged IRR shows that the debt structure increases the project's rate of return. However, in the real estate industry, ROI is often affected by market factors such as fluctuations in property prices, land
supply and demand, and other factors. Therefore, investors need to weigh various risks and returns and conduct thorough due diligence.
In summary, the project performs well financially, and the debt structure can reduce shareholder risk, but market factors in the real estate industry must be considered. Overall, our real estate planning project is expected to gene-rate significant income and profits within five years. Our strategic invest-ments in sustainability and technology will allow us to offer unique value pro-positions to our clients while providing strong returns to investors. We are confident in the success of the project and look forward to achieving our goals.
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