Singapore,United States : CAPITAL ASIA GROUP launches HO OLEI in HAWAII [TendersInfo (India)]
(TendersInfo (India) Via Acquire Media NewsEdge) Ho olei (Crown of Flowers), a latest development land investment product has been launched by Singapore-based marketing company, Capital Asia Group Pte Ltd (CAG) which specializes in retailing real estate development investment products.
Aina Le a Inc owns Ho olei which is 21.87 acres of approved development land. 70 single-family luxury homes with 2800 Undivided Land Fractions (ULF) will be constructed and will be sold mostly to individual investors in Asia.
Strategic acquisition of land, development of residential communities and sale of developed lots primarily to homebuilders are carried out by Aina Le a Inc which is a land development company.
Paul Tan, Business Development Director of CAG Pte Ltd said, CAG has been given the exclusive marketing rights to assist the land owner to market 2800 ULF development land project in Ho olei. Each of ULF is set affordably at USD9600 securely with warranty deed and registered in investors name as lawful owner to the land purchased. This investment timeframe is fixed at 36 months with an assured return of 36%.
He added, The strategy for this unique land investment opportunity known as FIFO (First-In First-Out) whereby the investors will own a percentage of the entire 21.87 acres i.e. 1/2800 interest. 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 further added, The previous development land investment product, Lulana Gardens, an affordable housing project in Big Island of Hawaii providing 30% returns in 30 months fixed are fully taken up and has provided much publicity for CAG as well as successfully syndicated over USD42 million and are well on its way to exiting the investors in the coming months ahead.
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