Write to info@tradablepatterns.com for more info for any of the following real estate/hotel opportunities:

Bangkok 5 Star Hotel

• 200m from Thong Lo BTS in Thonglor District

Bangkok Mixed Use Hotel, Service Apartment, Office, Retail

• 100% retail tenancy
• 600m from Phrom Phong BTS

Penang Turf Club (for Commercial/Residential Redevelopment)

• Land held by Penang Turf Club (which ended operations June 2024) available for commercial/residential redevelopment
• Adjacent to prime residential neighbourhood
• Ask: RM 1.9B

Seoul Fashion Design/Wholesale (3 Buildings Mostly Owned)

• Among world’s fastest growing fashion complexes in Dongdaemun
• 1 day 1 stop production system (design-manufacture-distribution-launch)
• Revenue from >1100 tenants for property management, sales/marketing, rental
• Site divided into 3 areas (1909 m2, 1213m2, 3511 m2)
• Employee salaries (other than owners) increased by 5% every yr from 2024
• Vacancy rate of 0 from Aug 2023 (and current 2yr wait list for new tenants)
• 2024 est rev: USD 35.8M; 2024 est EBITDA USD 13.8M
• Owner is looking to retire, and therefore selling @ USD 320-340M based on based on EBITDA and 5% cap rate
• From 2020-Jul 2024, temporary discount to tenants on rental fee, management fee, operation fee , w/ fees normalizing from Aug 2024 (and increasing 5% each yr thereafter)

Singapore Tiong Bahru Boutique Hotel

• 3/4 Star award winning heritage boutique hotel (in Singapore’s oldest housing estate) located <1km walk from Tiong Bahru, Outram, Havelock MRT stations
• Opened in 2007 and only SG hotel to convert from conserved art deco apartment blocks
• 2 4 story apartment blocks connected by bridge, w/ 274 rooms
• ~70% occupancy w/ total land area of 8360 sq m, w/ GFA of 10196 sq m
• Zoned for hotel use at gross plot ratio of 3
• Hotel which was valued ~ SGD 140M in late 2022 by independent valuer may be available at deep discount given Covid-19 era distress
• Hotel failed to make outstanding payment of SGD 31M on SGD 51M loan from DBS, and then took out SGD 55M loan from private lender in 2024 that pays 11%/yr
• 99 yr lease w/ ~42 years remaining

Hanoi Prime Land (for Commercial Development)

• 2 plots of prime land (in StarLake City) side by side, ~USD 70M each, or ~USD 140M in total
• Building area ~ 5000 sq m (per plot)
• Ready for commercial development (hotel, office, retail) w/ permits held by SG entity
• Architectural design by Junglim Architecture, Korea top tier architectural design firm
• 13 ministries & agencies will be relocated to Starlake City by 2030
• SG legal entity 100% owned by Korean fashion wholesale/retail group

Modular Managed Ecotourism Housing

• Alternative SG-based hospitality concept founded 2017
• Beautifully designed compact homes on wheels for spectacular, breathtaking rural settings
• Targets millennials & Gen Z looking for authenticity, unique experiences, digital lifestyle
• Sites located w/I 3hr drive of metro city where target audience located
• Investors can buy homes for SGD 90k and target annual gross profit of SGD 16k/yr resulting in 3 yr payback period
• Team of 45 in SG, Australia, New Zealand, Malaysia, Philippines, India, Europe
• Most Promising Startup Award in Emerging Enterprise by OCBC Bank and The Business Times
• Raised SGD 4M in pre-Series A w/ prominent investors including SGX Chairman and GIC board of director, Phillip Private Equity
• 2023 Rev: SGD 36.1M; 2024 Est Rev: SGD 81.5M; FY23 Est EBITA: 14%; FY24 Est EBITA: 26%; Gross margin: 40% for sales, 32% for rentals

Amagasaki Business Hotel

• 3/4 Star centrally located freehold managed by Wyndham and rebranded w/ Ramada Encore brand
• 239 rooms (54 built in 2017 in new wing); 70% occupancy; Price per key: JPY 17.57M
• Located in largest logistics hub in Japan w/ largest integrated resort to be built by MGM/Orix on site 20min away
• Osaka World Expo 2025 driving development, w/ hotels in Amagasaki outperforming Osaka hotels due to Amagasaki’s thriving economy not reliant on tourism, but rather logistics, industrial and general business providing infrastructure for Osaka
• 2 min walk to Amagasaki station
• 4985 sqm Gross Floor Area (total land area: 1168 sqm)
• GKTK trust structure w/ offshore company setup (for foreign buyers who can buy structure)
• Based on 2023 NOI of JPY 195M, NOI 4.5%; cap rate: 3.52% in yr 1, w/ potential to boost to 6% in yr 4 upon renovating old units
• Malaysia family office looking to sell @ 4.2B JPY