News Detail

Date/Time
17 Aug 2020 19:52:00
Headline
Details of Properties and its Revaluation
Symbol
MNRF
Source
MNRF
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                Multi-National Residence Fund
Details of Properties and Valuation
1. Appraiser    :    Asset Asia Corporation Co., Ltd.
2. Valuation Date    :        31 October 2019
3. Location                            :    3.1   Palmtree Place Project and 
Nichada Garden Condominium Project are        located in the Nichada Thani
Project , Soi Samakee 29, Samakee Road, Tambon Bangtalad, Amphor Pakkret,
Nonthaburi
3.2    The Privilege Laem Chabang are located on Yuttasart-Nongkwa Road, Tambon 
Bung, Amphur Sriracha, Chonburi Province
4.  Details of Properties:
Projects    Type    Number
of Units    Appraisal Value
(Baht)
1.    Palm Tree Place    2-storey single house     29    514,300,000
2.    Danicha Garden Condominium    7-storey Condominium     16*    79,600,000*
3.    The Privilege Laem Chabang    2-storey single house     35    282,460,000
Remarks: *The Fund sold one unit of Danicha Garden Condominium (No. 39/284) on 
31 January 2020, which has an appraisal value of Baht 5,029,456.

5.  Method of valuation         :    The appraiser has applied the income method 
which derived from an estimation of the net income generated from the subject
properties. Under this valuation the appraiser applied 10-year discounted cash
flow projection plus its terminal value to indicate the property value.

Investors may request for more details of the appraisal report at the Management
 Company.
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