REASONS FOR THE INCREMENT
“Kelsey” brand name: The Kelsey brand name is well established in the industry with almost over 20 years of experience. Due to this fact people are much willing to make an investment on a Kelsey home.
-
Exclusive
neighbourhood: Kelsey catering to a select clientele has a reputation of creating highly residential
neighbourhoods.
-
Locations: All locations Kelsey has chosen are in proximity to all modern amenities and conveniences.
-
Product quality: The overall product quality, of all Kelsey houses is complete with high quality raw material.
-
Increase in construction cost: The costs of raw material, labour, and land prices are on a positive and an increasing trend.
-
Total offering: The total offering given to all Kelsey customers – from choosing a land to after sales service. Also these houses are complete with security infrastructure and could be tailor-made and come with a ten-year warranty.
BASIS OF CALCULATION
-
Assumptions
-
Information on
present value
-
Information from
financial bodies- HNB (Gold value),
CSB(Share Indices), NDB( FD Rates)
COMPARISON
- RETURN OF A KELSEY HOME WITH OTHER
INVESTMENTS
|
Project |
Year |
Land
(Per perch) |
FD Rates |
Growth of Shares
(ASPI)
|
Gold
LKR per ounce rate |
Rent (Rs.) |
Annual Return |
|
|
2001 |
125,000 |
13% |
- |
27,200 |
|
20.10% |
|
Brooklyn Range |
2002 |
150,000 |
10% |
31.26% |
30,000 |
|
20.10% |
|
(Battaramulla) |
2003 |
200,000 |
8% |
30.30% |
35,000 |
|
20.10% |
|
|
2004 |
300,000 |
10% |
41.88% |
40,000 |
|
20.10% |
|
|
2005 |
400,000 |
10% |
61.55% |
43,500 |
30,000 |
20.10% |
|
|
2002 |
120,000 |
10% |
31.26% |
30,000 |
|
25% |
|
Birman Wood |
2003 |
175,000 |
8% |
30.30% |
35,000 |
|
25% |
|
(Mirihana) |
2004 |
250,000 |
10% |
41.88% |
40,000 |
|
25% |
|
|
2005 |
400,000 |
10% |
61.55% |
43,500 |
25,000 |
25% |
|
|
2002 |
80,000 |
10% |
31.26% |
30,000 |
|
20% |
|
Palatino Hills |
2003 |
100,000 |
8% |
30.30% |
35,000 |
|
20% |
|
(Rajagiriya) |
2004 |
150,000 |
10% |
41.88% |
40,000 |
|
20% |
|
|
2005 |
275,000 |
10% |
61.55% |
43,500 |
20,000 |
20% |
|
Mansfield |
2003 |
250,000 |
8% |
30.30% |
35,000 |
|
33.30% |
|
(Nawala) |
2004 |
500,000 |
10% |
41.88% |
40,000 |
|
33.30% |
|
|
2005 |
800,000 |
10% |
61.55% |
43,500 |
45,000 |
33.30% |
|
Sentino Valley |
2004 |
100,000 |
10% |
41.88% |
40,000 |
|
26.40% |
|
(New Mulleriyawa) |
2005 |
150,000 |
10% |
61.55% |
43,500 |
17,500 |
26.40% |
|
