Soil test report is in hand, COMPARABLE NEW CONDO PRICING Estimated Unit Sales Price: $1.0M per unit (2,000 sq ft average) Market Absorption: Strong demand in Garden Grove market Construction Costs: Favorable for 4-story wood frame construction Total Development Value: $27M - $41M potential gross sales INVESTMENT ADVANTAGES Land Assembly Complete - No additional acquisition needed Zoning Pre-Approved - GGMU-2 allows by-right development Infrastructure Ready - All utilities available Strong Demographics - High-income, stable community Cultural Hub Location - Heart of Asian business district