Chisa

The project presentation states a projected total return on investment of 12-15% per year, comprising an estimated 7-8% capital appreciation and 5-7% rental return. Resale value According to the source presentation, Phuket land sale prices increased by 10% in the preceding year, and villas sold before the pandemic gained approximately 25% in market value. Based on the north-west coast location, sea views, and proximity to the beach, the presentation anticipates selling-price growth of 20-25% over the following three years. Rental revenue The presentation states that completed villas have generated 8-10% annual gross rental revenue, equivalent to approximately 5% net return after related expenses and owner costs. It anticipates that higher rental rates after project completion may increase net return to approximately 7%. Sources stated in the original presentation: • Colliers Thailand, Radar Phuket Residential Market, February 2024: https://www.colliers.com/en-th/research/radar-phuket-residential-market-february-2024 • Bangkok Post, Phuket villa launches smash records: https://www.bangkokpost.com/property/2859136/phuket-villa-launches-smash-records