Professional Documents
Culture Documents
This checklist is not exhaustive and could vary depending on the applicable foreign
jurisdiction for the Property.
7. Building quality
8. Marketability study of development/project
9. Statistics and reports to support Vendor’s claims (e.g. trend of rental yield in
a particular area)
Rental yield (updated 3/2022)
2BRs – US$ 1,500 – 1,800
3BRs – US$ 2,500 – 3,000
10. On-site inspection (to be familiar with the foreign property and its
surroundings)
11. Features and amenities of the foreign property
The Vendor
12. Verify against the official foreign land registry and ensure that the Vendor is
the legal owner of the foreign property and is legally entitled to develop,
market and sell the foreign property
13. Business registration certificates and licence numbers, and their validity
period (if any)
Investor
Quoc Loc Phat Joint Stock Company
Tax code: 0312912428
Developer
SonKim Land - Son Kim Land Corporation
Tax code: 0305390717
Others
26. Marketing collaterals and advertisements that comply with the Estate Agents
Act, its Regulations and the Practice Guidelines on Ethical Advertising
27. Useful information on property market trends that are related to the foreign
property being marketed
28. Details of Vendor’s lawyers
29. Detailed payment schedule and financing packages
% or
amount % or % or % or % or
% or amount
(From amount amount amount amount
Buyers)
No later than 28
3 10% 25% 10%
Feb 2022
Right before
signing
4 SPA/LTL 5% 20% 5%
(Estimated in
May 2022)
Sign SPA/LTL
5 - - - -
(*)
The Buyers do
not have to
pay principal
2 months after and interest to
signing bank until
SPA/LTL 4 Handover
6 - 10%
months after date or
signing Aug/2023,
SPA/LTL depend on
which period
come first.
Prepayment
fee: The
Buyer will pay
by
themselves.
7 In case Client 10%
re-sell unit, the
transferee
continue to
borrow at
TPBank, they
will be
supported by
Investor with
interest rate,
Handover date for remaining
8 (Estimated in 25% period of the 45% 45% 25%
Jul 2023) (*) interest rate
support
program and
prepayment
fee will be
waived.
Bank Support
25% installment only until handover.
Buyers do not have to pay principal and interest to bank until Handover
date or until August 2023, whichever comes first.
Grand Marina SaiGon
The Development/Site
1. Address and location map
No.2 Ton Duc Thang Street, Ben Nghe Ward, District 1, HCMC
7. Building quality
8. Marketability study of development/project
9. Statistics and reports to support Vendor’s claims (e.g. trend of rental yield in
a particular area)
10. On-site inspection (to be familiar with the foreign property and its
surroundings)
11. Features and amenities of the foreign property
The Vendor
12. Verify against the official foreign land registry and ensure that the Vendor is
the legal owner of the foreign property and is legally entitled to develop,
market and sell the foreign property
13. Business registration certificates and licence numbers, and their validity
period (if any)
Developer:
Masterise Homes - Masterise Homes Real Estate Development
Company Limited
Tax code 0316001930
14. Proven track records/Other properties completed and/or sold
Masterise Homes’s previous residential projects:
Masteri Thao Dien
Masteri An Phu
Millenium
M-one Saigon South
M-one Gia Dinh
…
15. Background checks on directors and shareholders
16. Financial standing and supporting documents
17. Credibility of architects, designers and contractors
Architecture and Landscape design by Atkins: Founded in 1938 in the
UK. With 78 years of experience. In 2014, Atkins was named the UK’s
largest engineering consultancy and the world’s 10th largest global
design firm. It employs approximately 19,000 staff based in 300 offices
across 29 countries and had undertaken projects in over 150 countries.
18. Marketing budget and schedule
19. Transaction documents (e.g. Sale & Purchase Agreements/Options to
Purchase/Lease Agreements)
Deposit Agreement
Sales and Purchase Agreement
20. Agreement for any rates of return (e.g. Lease agreement that states rental
yield, capital gains, etc.)
Others
26. Marketing collaterals and advertisements that comply with the Estate Agents
Act, its Regulations and the Practice Guidelines on Ethical Advertising
27. Useful information on property market trends that are related to the foreign
property being marketed
28. Details of Vendor’s lawyers
29. Detailed payment schedule and financing packages
Finacing packages
Outstanding debt: 70% of selling price (VAT included).
Outstanding debt supported by Developer: 70% of selling price (VAT
included).
Interest rate and Period of interest expense support: 0% within 20
months from the drawdown date but no later than 31 March 2024.
Period of grace for principal as from the date of the 1st of disbursement:
Up to 20 months but no later than 31 March 2024.
Early repayment fee during Period of interest expense support: 0%.