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stockinvestor Master	01-Apr-2022 22:56        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	E-application of Sing Holdings&rsquo North Gaia EC to start on April 7 ByCecilia Chow / EdgeProp Singapore | April 1, 2022 9:49 PM SGT The e-application of Sing Holdings new executive condominium (EC) North Gaia at Yishun Close will begin on April 7. The 616-unit project is the first EC to be launch in the Yishun district in seven years, according to Sing Holdings. There are 11 blocks of 14 storeys each sitting on the 231,575 sq ft, 99-year leasehold site. About 85% of the units are said to have a north-south orientation, with units enjoying pool views or of the surrounding greenery, including views of the 40ha Khatib Bongsu Nature Reserve located nearby. Apartments range from 958 sq ft to 1,076 sq ft for a three-bedroom unit 1,313 to 1,389 sq ft for a four-bedroom unit and 1,593 sq ft for a five-bedroom unit. A selected number of three-bedroom units allow owners some flexibility in terms of space customisation. Communal facilities include two 50m swimming pools, a competition-size tennis court as well as indoor, outdoor and aquatic gym. North Gaia is scheduled for completion by 2027. &ldquo We have put a lot of thought into the site orientation and interior layout of the units,&rdquo says Lee Sze Hao, CEO of Sing Holdings. E-application period will stretch from April 7 to 19, with prices of the units to be released on April 20 and 21. Booking of units will start on April 23.
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stockinvestor Master	01-Apr-2022 17:41        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sing Holdings presents North Gaia, an Executive Condominium neighbouring Khatib Bongsu Nature Park The first executive condominium in Yishun in seven years Sing Holdings will commence the sales gallery preview and e-application for the highly anticipated new executive condominium, North Gaia, from 7 April 2022. Named for its closeness and proximity to nature, North Gaia is the first executive condominium to be built within the Yishun district in the last seven years, with an excellent view and access to the 40-hectare Khatib Bongsu Nature Reserve in the northeast, a rich mangrove and mudflat habitat on the northeastern coast of Singapore, and further unblocked views in the southeast. Spanning eleven blocks, the 616-unit residences feature spectacular views of nature and the surrounding Khatib Bongsu Nature Park. About 85% of the units at North Gaia sport a north-south orientation, many of which enjoy pool views or lush greenery. The thoughtfully-designed development will be complemented by a series of 60 facilities for residents of all ages - including two 50m swimming pools, a competition-size tennis court, an indoor, outdoor, and aquatic gym, a continuous 450-metre jogging path, a co-working space, smart lockers, electric vehicle charging stations, a mini rock climbing wall, and various pavilions and gardens for outdoor activities. North Gaia boasts a lively ecosystem of leisure and enrichment. There are many primary and secondary schools in the vicinity - Chongfu School, Huamin Primary School, North View Primary School and Xishan Primary School are within a 1-kilometre radius Ahmad Ibrahim Secondary School, Chung Cheng High School (Yishun), Northbrooks Secondary School and Yishun Secondary School are also within close proximity. Amenities abound for the entire family, with malls like Junction Nine Mall within walking distance and Northpoint City accessible within a tenminute drive, and Seletar Aerospace Park being a fourteen-minute drive away. Apartments range from 958 square feet (sq ft) to 1076 sq ft for a three-bedroom, 1313 sq ft to 1389 sq ft for a four-bedroom, topping off at 1593 sq ft for a five-bedroom unit. Selected 3- bedroom units offer an optional configuration that can be transformed into a guest room, a hobby space or a study room with dual access, allowing residents the freedom of customisation for spaces they need. Mr Lee Sze Hao (李 思 豪 ), Chief Executive Officer of Sing Holdings (星 控 股 有 限 公 司 ), said, &ldquo We are very excited to present North Gaia, a unique home that offers much tranquility. We have put a lot of thoughts into the site orientation and interior layout, as well as the landscaping within the development, to optimise and complement the surrounding nature. We hope that our homebuyers will truly experience the theme of the development &ndash Nature Lives With You, Within You.&rdquo   Scheduled for completion by 2027, North Gaia is set to be the premier residence for residents seeking a closer relationship with nature. For more information, please contact: Ms Sharlin Tan, Sing Holdings Limited Tel : 9763 8562 Email : [email protected] Website : www.northgaia.sg
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stockinvestor Master	01-Apr-2022 16:21        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	125,700 shares at $0.385 and 39,000 shares at $0.39 transacted with 40 minutes to go. stockinvestor      ( Date: 01-Apr-2022 14:27) Posted: Finally some decent volume done at higher prices: 91,600 shares transacted at $0.385 and  39,000 shares transacted at $0.39 so far today
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stockinvestor Master	01-Apr-2022 14:27        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Finally some decent volume done at higher prices: 91,600 shares transacted at $0.385 and  39,000 shares transacted at $0.39 so far today
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stockinvestor Master	31-Mar-2022 15:26        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	2 more units sold at Provence Residence.  There are just 3 units left at Provence Residence (from 1219psf) and 15 units left at Parc Greenwich (from 1178psf).  Total EC supply 18 units. stockinvestor      ( Date: 30-Mar-2022 18:28) Posted: Ola fully sold.  Total EC inventory 20 ahead of North Gaia' s launch in 24 days time.  There are 5 units left at Provence Residence (from 1219psf) and 15 units left at Parc Greenwich (from 1178psf) TAN888      ( Date: 28-Mar-2022 21:42) Posted: Testing the limits of a new price range.
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stockinvestor Master	31-Mar-2022 14:40        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	rare day of higher volume transacted over a range of prices: 25,300 shares at $0.395 11,000 shares at $0.385 75,700 shares at $0.38
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stockinvestor Master	31-Mar-2022 09:18        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes, for those who can' t qualify for EC for whatever reason, can buy Sing Holdings instead.  hahaha. wavesurfer      ( Date: 30-Mar-2022 23:39) Posted: Received this from an agent. Seems North Gaia is a good buy. 发 展 商 Sing Holdings ️ -预 计 2025交 房 -99年 地 契 -新 加 坡 D27邮 区 ， 1.3公 里 到 YISHUN地 铁 站 -将 近 2万 1千 平 米 的 占 地 面 积 ， 11座 14层 楼 高 ， 总 计 616个 单 位 。 -3-5房 可 以 选 择 。 -柔 佛 海 峡 海 景 房 。 -户 型 方 正 ， 实 用 性 高 。 尤 其 是 3+书 房 ， 5房 户 型 非 常 值 得 推 荐 。 -靠 近 新 加 坡 Seletar 航 空 工 业 园 -步 行 5分 钟 到 JUNCTION NINE 商 场 -距 离 yishun地 铁 站 1.2公 里 Image1公 里 内 有 知 名 小 学 CHONG FU 小 学 , 邻 里 小 学 包 括 XISHAN,HUAMIN, NORTH VIEW 小 学 https://mp.weixin.qq.com/s/CHgG4boDWzs2RVKTFjCgSw
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wavesurfer Member	30-Mar-2022 23:39        wavesurfer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Received this from an agent. Seems North Gaia is a good buy. 发 展 商 Sing Holdings ️ -预 计 2025交 房 -99年 地 契 -新 加 坡 D27邮 区 ， 1.3公 里 到 YISHUN地 铁 站 -将 近 2万 1千 平 米 的 占 地 面 积 ， 11座 14层 楼 高 ， 总 计 616个 单 位 。 -3-5房 可 以 选 择 。 -柔 佛 海 峡 海 景 房 。 -户 型 方 正 ， 实 用 性 高 。 尤 其 是 3+书 房 ， 5房 户 型 非 常 值 得 推 荐 。 -靠 近 新 加 坡 Seletar 航 空 工 业 园 -步 行 5分 钟 到 JUNCTION NINE 商 场 -距 离 yishun地 铁 站 1.2公 里 Image1公 里 内 有 知 名 小 学 CHONG FU 小 学 , 邻 里 小 学 包 括 XISHAN,HUAMIN, NORTH VIEW 小 学 https://mp.weixin.qq.com/s/CHgG4boDWzs2RVKTFjCgSw
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stockinvestor Master	30-Mar-2022 18:28        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ola fully sold.  Total EC inventory 20 ahead of North Gaia' s launch in 24 days time.  There are 5 units left at Provence Residence (from 1219psf) and 15 units left at Parc Greenwich (from 1178psf) TAN888      ( Date: 28-Mar-2022 21:42) Posted: Testing the limits of a new price range.. stockinvestor      ( Date: 28-Mar-2022 18:08) Posted: 20,200 shares cleared $0.395 today.  Volume still too low though
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TAN888 Member	28-Mar-2022 21:42        TAN888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Testing the limits of a new price range.. stockinvestor      ( Date: 28-Mar-2022 18:08) Posted: 20,200 shares cleared $0.395 today.  Volume still too low though. TAN888      ( Date: 18-Mar-2022 07:12) Posted: That will be a big jump to existing NAV. Looking forward to the launch next month.
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stockinvestor Master	28-Mar-2022 18:08        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	20,200 shares cleared $0.395 today.  Volume still too low though. TAN888      ( Date: 18-Mar-2022 07:12) Posted: That will be a big jump to existing NAV. Looking forward to the launch next month. stockinvestor      ( Date: 17-Mar-2022 16:22) Posted: A more optimistic guess of net profits if we use 200psf net profit (may be a bit too optimistic but just to put a number to it): Gross Floor Area 648441sq ft Net profit 648441*200=$129,688,200 divide by number of shares 400,994,652 NAV may increase by $0.3234 For NAV to reach $1.00, the company only needs to earn $0.20 which is $80,198,930.  That means a net profit of $124.    Every 10psf net profit is $6.5m = $0.0162 in earnings
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stockinvestor Master	24-Mar-2022 10:35        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another 6 units sold at Provence Residences.  Total new EC for sale supply down to 22 units in Singapore. stockinvestor      ( Date: 22-Mar-2022 22:24) Posted: 28 new EC units left for sale in the whole of Singapore (Ola 2, Provence Residences 11, Parc Greenwich 15).  exactly 31 days to Sing Holdings' North Gaia' s booking day on 23/4. TAN888      ( Date: 18-Mar-2022 07:12) Posted: That will be a big jump to existing NAV. Looking forward to the launch next month.
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stockinvestor Master	22-Mar-2022 22:24        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	28 new EC units left for sale in the whole of Singapore (Ola 2, Provence Residences 11, Parc Greenwich 15).  exactly 31 days to Sing Holdings' North Gaia' s booking day on 23/4. TAN888      ( Date: 18-Mar-2022 07:12) Posted: That will be a big jump to existing NAV. Looking forward to the launch next month. stockinvestor      ( Date: 17-Mar-2022 16:22) Posted: A more optimistic guess of net profits if we use 200psf net profit (may be a bit too optimistic but just to put a number to it): Gross Floor Area 648441sq ft Net profit 648441*200=$129,688,200 divide by number of shares 400,994,652 NAV may increase by $0.3234 For NAV to reach $1.00, the company only needs to earn $0.20 which is $80,198,930.  That means a net profit of $124.    Every 10psf net profit is $6.5m = $0.0162 in earnings
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TAN888 Member	18-Mar-2022 07:12        TAN888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That will be a big jump to existing NAV. Looking forward to the launch next month. stockinvestor      ( Date: 17-Mar-2022 16:22) Posted: A more optimistic guess of net profits if we use 200psf net profit (may be a bit too optimistic but just to put a number to it): Gross Floor Area 648441sq ft Net profit 648441*200=$129,688,200 divide by number of shares 400,994,652 NAV may increase by $0.3234 For NAV to reach $1.00, the company only needs to earn $0.20 which is $80,198,930.  That means a net profit of $124.    Every 10psf net profit is $6.5m = $0.0162 in earnings. TAN888      ( Date: 15-Mar-2022 21:43) Posted: You are right, might have been abit conservative on this.
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stockinvestor Master	17-Mar-2022 16:22        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	A more optimistic guess of net profits if we use 200psf net profit (may be a bit too optimistic but just to put a number to it): Gross Floor Area 648441sq ft Net profit 648441*200=$129,688,200 divide by number of shares 400,994,652 NAV may increase by $0.3234 For NAV to reach $1.00, the company only needs to earn $0.20 which is $80,198,930.  That means a net profit of $124.    Every 10psf net profit is $6.5m = $0.0162 in earnings. TAN888      ( Date: 15-Mar-2022 21:43) Posted: You are right, might have been abit conservative on this. stockinvestor      ( Date: 10-Mar-2022 22:19) Posted: its good to be conservative to expect 5 to 6 cents increase over 4 years, that will bring NAV to above $1.00.  Chances are that North Gaia may contribute even more to give us some positive surprises
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stockinvestor Master	17-Mar-2022 01:25        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	seems like agents r posting that preview of North Gaia will start on 7th April and booking date is 23rd April. TAN888      ( Date: 15-Mar-2022 22:42) Posted: https://www.straitstimes.com/business/property/singapore-new-private-homes-sales-drop-to-lowest-since-may-2020-amid-cny-lull-dearth-of-launches ?CBRE's South-east Asia research head Tricia Song said that, in particular, North Gaia is expected to perform strongly due to demand from upgraders and first-time home buyers, who are largely unaffected by the increase in ABSD rates.?
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TAN888 Member	15-Mar-2022 22:42        TAN888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.straitstimes.com/business/property/singapore-new-private-homes-sales-drop-to-lowest-since-may-2020-amid-cny-lull-dearth-of-launches ?CBRE's South-east Asia research head Tricia Song said that, in particular, North Gaia is expected to perform strongly due to demand from upgraders and first-time home buyers, who are largely unaffected by the increase in ABSD rates.?
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TAN888 Member	15-Mar-2022 21:43        TAN888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are right, might have been abit conservative on this. stockinvestor      ( Date: 10-Mar-2022 22:19) Posted: its good to be conservative to expect 5 to 6 cents increase over 4 years, that will bring NAV to above $1.00.  Chances are that North Gaia may contribute even more to give us some positive surprises. TAN888      ( Date: 10-Mar-2022 21:48) Posted: Agree - as land prices head north, they can still participate via a 3-way jv, while lowering their risk profile. Between 2018-2021, BV increased at approx. 3.5 cents per annum after dividends. Excluding any new projects or revaluation, North Gaia is expected to add 5 to 6 cents per annum over 4 years. The discount to BV, should narrow accordingly. With the recent bid attempts, it shows that North Gaia has an increased risk appetite in building the profits of the company.
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stockinvestor Master	10-Mar-2022 22:19        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	its good to be conservative to expect 5 to 6 cents increase over 4 years, that will bring NAV to above $1.00.  Chances are that North Gaia may contribute even more to give us some positive surprises. TAN888      ( Date: 10-Mar-2022 21:48) Posted: Agree - as land prices head north, they can still participate via a 3-way jv, while lowering their risk profile. Between 2018-2021, BV increased at approx. 3.5 cents per annum after dividends. Excluding any new projects or revaluation, North Gaia is expected to add 5 to 6 cents per annum over 4 years. The discount to BV, should narrow accordingly. With the recent bid attempts, it shows that North Gaia has an increased risk appetite in building the profits of the company. stockinvestor      ( Date: 09-Mar-2022 08:02) Posted: The North Gaia plot big huat so they go in 100% owned.  They are possibly not willing to take up too much risk for this plot at this price, that' s why they not only roped in MCC, they even roped in another investor.    This is the first time they have partnered more than 1 party to bid for land
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TAN888 Member	10-Mar-2022 21:48        TAN888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree - as land prices head north, they can still participate via a 3-way jv, while lowering their risk profile. Between 2018-2021, BV increased at approx. 3.5 cents per annum after dividends. Excluding any new projects or revaluation, North Gaia is expected to add 5 to 6 cents per annum over 4 years. The discount to BV, should narrow accordingly. With the recent bid attempts, it shows that North Gaia has an increased risk appetite in building the profits of the company. stockinvestor      ( Date: 09-Mar-2022 08:02) Posted: The North Gaia plot big huat so they go in 100% owned.  They are possibly not willing to take up too much risk for this plot at this price, that' s why they not only roped in MCC, they even roped in another investor.    This is the first time they have partnered more than 1 party to bid for land. TAN888      ( Date: 09-Mar-2022 07:54) Posted: Yes agree and that provides a support for the North Gaia in terms of pricing. Interesting to see that Sing has a joint-bid at third place for this tender at 252m. Coupled with the recent 9-mth ago joint-bid for AMK GLS at 308m, it shows that Sing will likely bid for another project soon and hopefully succeed in it, and that it has a joint budget for a land price of 250-300m.
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