Veritas Ventures Recommendation
We recommend this project to investors who want a compact Umalas unit at an entry point of $120,000 for 31 m², in a complex of 34 units on a 30-year lease. Completion is set for 2025, the nearest handover date among SWOI's projects here, with an estimated yield of 8–10%. The SLF application has been filed rather than granted and should be confirmed before the closing payment.
Project Overview
Umalas · 1–2 bedrooms · 31 – 105 m² · 34 units
District: Umalas
Type: Apartments & villas
Layouts: 1–2 bedrooms
Area: 31 – 105 m²
Ownership: Leasehold
Leasehold term: 30 years
Completion: 2025
Permits: SLF application filed
Developer: SWOI Development
Units in complex: 34
Leasehold · developer SWOI Development
Unit types:
1 bedroom — 31 m² · 30 years — $120,000
1 bedroom — 37 m² · 30 years — $125,000
1 bedroom — 42 m² · 30 years — $135,000
1 bedroom — 57 m² · 30 years — $155,000
1 bedroom — 66 m² · 30 years — $165,000
2 bedrooms — 105 m² · Modern minimalism · 30 years — $305,000