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CAG Expands its Portfolio with Latest Hawaii Launch - Singapore-based company given exclusive marketing rights to market project in Ho'olei - CapitalAsiaGroup.com
CAG Expands its Portfolio with Latest Hawaii Launch

 

NewswireToday - /newswire/ - Selangor, Petaling Jaya, Malaysia, 2012/03/15 - Singapore-based company given exclusive marketing rights to market project in Ho'olei - CapitalAsiaGroup.com.

   
 
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Singapore-based Capital Asia Group Pte Ltd (CAG) has expanded its portfolio by launching Ho'olei, its latest land development investment product, on the North-western coast of Big Island, Hawaii.

Its business development director, Paul Tan, in a statement yesterday, said that CAG has been given the exclusive marketing rights to assist the land owner, Aina Le'a Inc, to market 2,800 undivided land fractions (ULF) development land project in Ho'olei.

"Each of the ULF is set affordably at US$9,600 securely with warranty deed and registered in investors name as lawful owners to the land purchased," Tan said in a statement yesterday.

"This investment timeframe is fixed at 36 months with an assured returns of 36%."

CAG is a marketing company that specializes in retailing real estate development investment products.

The statement said Ho'olei is a 21.9 acres approved development land fully owned by Hawaii-based Aina Le'a. The plan is to construct 70 single-family luxury homes with 2,800 ULF for sale which seeks mostly investment from Asian investors.

"Aina Le'a is a land development company engaged in the acquisition of land, the development of residential communities and the sale of developed lots primarily to homebuilders," it said.

Tan said the strategy for the "unique land investment" opportunity known as first-in-first out will enable the investors to own a percentage of the entire 21.9 acres.

"The investors will be designated a running number according to the date of their purchase. The moment a desired builder comes along and purchase the land lots, the first numbers in the ULF's purchased will exit.

"This will offer the investors the possibility of an exit earlier than 36 months, while enjoying the full 36% returns," Tan said.

Tan said its previous land development investment product, Lulana Gardens, provided 30% returns in 30 months fixed. Lulana Gardens involved the development of 432 town homes in Big Island, Hawaii.

"One investment lot is equivalent to 10 investment unit at US$9,600 per minimum investment," Tan said. - THE MALAYSIAN RESERVE

 
 
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CAG Expands its Portfolio with Latest Hawaii Launch

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