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BEING YOUR PERSONAL ASSISTANT
TO MANAGE YOUR REAL ESTATE
ONE-STOP SOLUTION
Fulcrum Lettings
Management (Thailand)AN AUTHORIZED PARTNER WITH PARK24
065-647-4778
CONTENT
WHO IS FULCRUM ?
INTERIOR PACKAGE
TERM OF PAYMENT
FURNITURE DETAIL
APPLIANCES & OE
SERVICES
ROOM INSPECTION
LETTING & MANAGEMENT
We are a property management specialist that provides a one-stop solution for Thailand property owners. Our team has an extensive experience in the real estate industry, so we know the problem and market situation of Thailand real estate very well. We offer the solution to solve all problems for landlords and tenants by providing full scope of services.
We are a subsidiary of the Fulcrum Global Properties, a developer of international real estate based in Hong Kong, established in 2008.
Fulcrum Global Properties focuses on city-center investments in the UK & Thailand, and specializes in identifying project with the best long term capital appreciation potential and strong rental return, partnering with best-in-class developers to invest in the most attractive opportunities in these regions.
Fulcrum’s projects in Thailand: Park24 Tower 4 (The Park at EM District) and Tower 6
For more information: http://www.fulcrum-global.com
FULCRUM LETTINGS MANAGEMENT (THAILAND)
INTERIOR PACKAGESOLUTION FOR YOUR INVESTMENT
INTERIOR PACKAGE
PACKAGE1-BEDROOM
(TYPICAL)
1-BEDROOM
(CORNER)2-BEDROOM REMARK
FURNITURE PACKAGE 399,000 449,000 799,000
FURNITURE PACKAGE
+ GUARANTEE*499,000 599,000 999,000
Rental Guarantee
for 6 months
ADD-ON OPTION
APPLIANCES & OE
PACKAGE80,000 95,000 110,000
EXAMPLE UNIT LAY-OUT
*LIMITED ONLY 10 UNITS
VAT INCLUDED
CURRENCY: THB
1-BEDROOM
(TYPICAL)1-BEDROOM (CORNER) 2-BEDROOM
RENTAL GUARANTEE
RATE / MONTH25,000 32,000 45,000
RENTAL GUARANTEE
DURATION6 months ( Start from Interior decoration finished)
TOTAL RENTAL GUARANTEE 150,000 192,000 270,000
PAYMENT FREQUENCY Quarterly
NET PRICE OF FURNITURE +
RG* 499,000 599,000 999,000
RENTAL GUARANTEE
*RG – RENTAL GUARANTEE
349,000 407,000 729,000
TERM OF PAYMENT
PACKAGE CONTRACT SIGNING PAYMENT AT DELIVERY
FURNITURE PACKAGE 50% 50%
FURNITURE PACKAGE
+ GUARANTEE60% 40%
EXAMPLE UNIT LAY-OUT
FURNITURE DETAILSOLUTION FOR YOUR INVESTMENT
FURNITURE PACKAGE
UNIT TYPE: 1-BEDROOM
(TYPICAL - SLIDE DOOR)
Tower: 2,3
UNIT No: 04/05/06/07/08/09
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 BENCH
o 1 WARDROBE
o 1 BED SIDE TABLE
o 1 COFFEE TABLE
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 1-BEDROOM
(TYPICAL - NO SLIDE DOOR)
Tower: 2,3
UNIT No: 04/05/06/07/08/09
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 2 BENCHES
o 1 WARDROBE
o 1 BED SIDE TABLE
o 1 COFFEE TABLE
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 1-BEDROOM
Tower: 2
UNIT No: 01
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 2 BED SIDE TABLE
o 1 WARDROBE
o 1 COFFEE TABLE
o 1 SOFA
o 1 TV CABINET
o 1 CABINET
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 1-BEDROOM
Tower: 2
UNIT No: 12
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 2 BED SIDE TABLES
o 1 WALK-IN CLOSET
o 1 BENCH
o 1 DINING TABLE
o 2 CHAIRS
o 1 TV CABINET
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 2-BEDROOM
Tower: 2
UNIT No: 02
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 SINGLE BED (SIZE 3.5FT.)
o 4 BED SIDE TABLES
o 2 WARDROBES
o 1 COFFEE TABLE
o 1 SOFA
o 2 TV CABINETS
o 1 SIDE TABLE – LIVING
o 1 BENCH
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 2-BEDROOM
Tower: 2
UNIT No: 03
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 SINGLE BED (SIZE 3.5FT.)
o 3 BED SIDE TABLES
o 2 WARDROBES
o 1 COFFEE TABLE
o 1 SOFA
o 1 SIDE TABLE – LIVING
o 2 TV CABINETS
o 1 BENCH
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 2-BEDROOM
Tower: 2
UNIT No: 10
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 SINGLE BED (SIZE 3.5FT.)
o 3 BED SIDE TABLES
o 2 WARDROBES
o 1 COFFEE TABLE
o 1 SOFA
o 2 TV CABINETS
o 1 SIDE TABLE – LIVING
o 1 BENCH
o 1 DINING TABLE
o 2 CHAIRS
o 1 TALL SHOWCASE
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 2-BEDROOM
Tower: 2
UNIT No: 11
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 SINGLE BED (SIZE 3.5FT.)
o 2 BED SIDE TABLES
o 2 WARDROBES
o 1 COFFEE TABLE
o 1 SOFA
o 1 CONSOLE
o 2 TV CABINETS
o 1 SIDE TABLES – LIVING
o 1 DINING TABLE
o 1 BENCH
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 1-BEDROOM
Tower: 3
UNIT No: 01/12
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 BED SIDE TABLE
o 1 WARDROBE
o 1 COFFEE TABLE
o 1 SOFA
o 1 TV CABINET
o 1 DINING TABLE
o 2 CHAIRS
o 1 CABINET
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 1-BEDROOM CORNER
Tower: 3
UNIT No: 02/11
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 BED SIDE TABLE
o 2 WARDROBES
o 1 COFFEE TABLE
o 1 SOFA
o 2 TV CABINETS
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: 2-BEDROOM
Tower: 3
UNIT No: 03/10
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 1 SINGLE BED (SIZE 3.5FT.)
o 2 BED SIDE TABLES
o 2 WARDROBES
o 1 COFFEE TABLE
o 1 SOFA
o 2 TV CABINETS
o 1 BENCH
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: COMBINED UNIT WITH
1 BEDROOM
Tower: 2,3
UNIT No: 04+05/06+07/08+09
FURNITURE DETAILS:
o 1 QUEEN BED (SIZE 5FT.)
o 2 BED SIDE TABLES
o 2 WARDROBES
o 2 COFFEE TABLES
o 1 SOFA
o 1 SOFA BED
o 1 TV CABINET
o 1 BENCH
o 1 WORKING DESK & CHAIR
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
FURNITURE PACKAGE
UNIT TYPE: COMBINED UNIT WITH
2 BEDROOMS
Tower: 2,3
UNIT No: 04+05/06+07/08+09
FURNITURE DETAILS:
o 2 QUEEN BED (SIZE 5FT.)
o 3 BED SIDE TABLES
o 2 WARDROBES
o 1 COFFEE TABLE
o 1 SOFA
o 1 TV CABINET
o 1 BENCH
o 1 DINING TABLE
o 2 CHAIRS
o WALLPAPER & CURTAIN
*Subject to change without prior notice
1-BEDROOM
1-BEDROOM
COMBINED UNITS
COMBINED UNITS
APPLIANCES & OESOLUTION FOR YOUR INVESTMENT
APPLIANCE LIST
APPLIANCES* MODEL1-BEDROOM
(TYPICAL)
1-BEDROOM
(CORNER)2-BEDROOM
COMBINED
UNIT (1BR)
COMBINED
UNIT (2BR)
TV LED DIGITAL TV 43” 1 2 2 2 2
REFRIGERATOR 7.2 Q 1 1 1 1 1
MICROWAVE 20 L 1 1 1 1 1
ELECTRIC WATER HEATER STIEBEL ELTRON 1 1 1 2 2
WASHING MACHINE ELECTROLUX 7.5KG 1 1 1 1 1
OPERATING EQUIPMENT DETAIL IN THE NEXT PAGE
APPLIANCES & OE PACKAGE PRICE 80,000 95,000 110,000 110,000 120,000
*THE REPLACEMENT ITEMS SHALL BE EQUALED QUALITY TO THE ABOVE ITEM LIST.
VAT INCLUDED
EQUIPMENT LISTEQUIPMENT
QUANTITY
1-BR
(TYPICAL)
1-BR
(CORNER)2-BR
COMBINED
UNIT (1BR)
COMBINED
UNIT (2BR)
MATTRESS (QUEEN
BED)1 1 1 1 2
MATTRESS (SINGLE
BED)- - 1 - -
BED LINEN 1 1 2 1 2
PILLOW 2 2 4 2 4
PILLOWCASE 2 2 4 2 4
DUVET + COVER 1 1 2 1 2
LINEN SET 1 1 2 1 2
DINING SET 1 1 1 1 1
KITCHEN SET 1 1 1 1 1
TOWEL SET 2 2 3 4 4
BATH MAT 1 1 1 2 2
SLIPPERS 2 2 3 4 4
HAIR DRYER 1 1 1 1 1
SIDE LAMP 1 1 2 1 2
ROOM INSPECTIONENSURE THE PROPERTY IS BUILT TO THE
STANDARD AND QUALITY PROMISED
ROOM INSPECTION LETTING & MANAGEMENT HOUSEKEEPING & LAUNDRY REPAIRING
ROOM INSPECTION
UNIT TYPE 1st time 2nd time onwards
1-BEDROOM 4,900 1,900
2-BEDROOM 5,900 2,900
DUPLEX 6,900 3,900
Room Inspection is a specialist survey for new-builds to check for faults, workmanship and the overall specification.
We have partnered with a professional software named SnagR which defect report will be submitted every inspection.
The prices include all of inspection equipment needed.
(VAT INCLUDED)
LETTING & MANAGEMENTBANGKOK MARKET OVERVIEW
DEMAND & SUPPLY
ROOM INSPECTION LETTING & MANAGEMENT HOUSEKEEPING & LAUNDRY REPAIRING
40,000
50,000
30,000
45,000
30,000 29,000
42,000
24,000 25,000
60,000 60,000
50,000
68,000
50,000 50,000
84,000
42,000 45,000
Siri
Residences
Bright 24 Serene Place
Sukhumvit
Baan Siri 24 Pearl
Residences
The Crest
Sukhumvit
24
The Emporio
Place
Lumpini 24 Park 24
NEARBY CONDOMINIUM RENTAL RATE / MONTH
Source : Local Rental Market Research, 2017
Competitive monthly rental rate
1-BR 2-BR
638
701 714 750
818 828 875
800
926
588 631
681 715
769 806 792
700
818
Siri
Residences
Bright 24 Serene Place
Sukhumvit
Baan Siri 24 Pearl
Residences
The Crest
Sukhumvit 24
The Emporio
Place
Lumpini 24 Park 24
NEARBY CONDOMINIUM RENTAL RATE / SQM
Source : Local Rental Market Research, 2017
Small unit size generate higher rental/sqm
1-BR 2-BR
LETTING & MANAGEMENTSCOPE OF SERVICES
ROOM INSPECTION LETTING & MANAGEMENT HOUSEKEEPING & LAUNDRY REPAIRING
✓
✓
✓
✓
✓
✓
✓
11%
Management Fee
STANDARD PREMIUM
11 - 25%*
Management Fee + Rental Sharing
Half-year / Yearly Short-term / Half-year / YearlyTenant’s Contract
SCOPE OF SERVICES
Listing Creation
Finding Tenants
Rental Collection
Room Check-up
Price Optimization
Guest Vetting
Realtime Rental Report
24/7 Check in & out
24/7 Customer Service
Replenishment
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓
LETTING
PACKAGE
Professional photography & Search Optimization and a personal touch
Before / After Check in & out
Setting the Perfect Rental Price
Strictly scanning of the tenants
Multiple platforms (iOS, Android, Website)
Monitor & restock of the necessary items**
**Extra charge: Room cleaning and check-in package
DESCRIPTION
*Example of 1-Bedroom Unit- Management fee will be calculated from 11% of base rental (0 - 26,000).- Rental sharing will be calculated from 50% of value exceeding base rental (>26,000).
YIELD ANALYSIS
*Rental Yield is calculated from THB 5,000,000 unit price.**Operating cost included utilities, internet and check-in package for short term tenants
26,000 2,295 2,295 & 26,000Rental Rate
STANDARDPREMIUM
(Short term)
83% 65% 93%Occupancy Rate
11% ≃ 25% ≃ 25%Management Fee
231,400 374,679 61,591 + 231,400Gross Rental
7.49% 5.86%Gross Rental Yield*
101, 040 16,840Operating Cost (≃ 26%)**
4.63%
231,400 273,639 276,151Net Rental
5.47% 5.52%Net Rental Yield* 4.63%
1-BEDROOMPREMIUM
(Optimization)
LETTING & MANGEMENT PLATFORM
TenantCloud will help you access any transaction occurred in your units, by simple report at any time.
TenantCloud is a top of the line system that provides Landlords with marketing site, one-click postings on multiple listing sites, online applications, tenant screening, automatic invoicing, online payments, full accounting, photo based maintenance requests, investment property, analysis reports and much more
All-in-one✓
LETTING & MANGEMENT PLATFORM
✓ Online Rent Collection
✓ Rental Accounting
✓ Visual Maintenance Requests
✓ Payments Tracking
✓ Automatic Invoicing
✓ Online Applications
✓ Cloud Storage
✓ Available on Any Device
Multitasking System
UNIT OWNERTENANT
1PAY RENT
4DISTRIBUTE*
MANAGEMENT FEEFulcrum Lettings
Management (Thailand)
2
TRANSACTION UPDATE
AUTOMATICALLY
3VIEW REPORT AT ANY TIME
EXPENSE REPORT
OPERATING STATEMENT
RENT ROLL
MONTHLY PROPERTY REPORT
*QUARTERLY TO THAI BANK ACCOUNT
SEND SERVICE REQUEST
1
2
SERVICES
NOTIFICATION
REPAIRING
CLEANING
RENT FLOW
