MODERNCIKANDE INDUSTRIAL ESTATE

1 January 2019

Rp. -/m2 and does not include: ➢ VAT (PPN) = 10% ➢ Land title transfer certificate cost = 1% ➢ Telephone connection charge (according to Telkom official tariff) ➢ Electricity connection charge (according to PLN official tariff) ➢ Treated water pipe connection charge (according to MIE official tariff) ➢ Natural gas connection charge (according to PGN official tariff) ➢ Service charge for security, maintenance of roads, street lighting,

rainfall drainage, landscaping Rp. 600,-/m2, monthly basis ➢ Other tax related to land occupation as regulated by Government

such as Tax on obtaining land and building rights of 5%.

TERMS OF PAYMENT

FIRST PAYMENT BOOKING FEE Rp. 100.000.000,- paid upon signing

The Order Confirmation Letter

SECOND PAYMENT 30% Paid within 2 (two) weeks upon signing the

buyer & seller agreement

BALANCE PAYMENT 70% Payable in 6x monthly installment, zero interest

rates

PRICE IS SUBJECT TO CHANGE WITHOUT PRIOR NOTICE

July-September 2019