Investor Presentaiton
Revenue recognition scheme
Total development period range: 39-59 months
12-18 months
18-30 months
3-5 years
Timing
Stages of
residential
real estate
Zoning & initial
permit
documentation
development
Investment
contract,
planning &
construction
permit
Construction
Pre-sale
Cash & revenue
recognition
Instalment
programs
High permission risk
Permission risk
vs. Project value
Low entry price
Source: Company data
୬
Etalon Group
Medium-low
permission risk
Medium
entry price
Etalon Group focus
6-8 months
3 months
Up to 90% pre-sold
and accounted in
cash flows
State
commission,
Act of
acceptance
signed
1
Ownership
rights
registration
Revenue is recognized when the Act of
acceptance is signed by the buyer
•
•
Etalon Group provides its customers various instalment plans
The terms of these installment programs are agreed on
individual basis
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