logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   5821-5840 of 18187   Older>   Last  
Latest Forum Topics / Others  Post Reply
Medtecs
teeth53
Supreme
27-Oct-2017 17:44     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin

Hong Kong and Singapore sign fintech deal, agree to work together on blockchain

  • Hong Kong and Singapore' s central banks signed a fintech deal Wednesday to collaborate on a number of projects
  • They announced a  project based on blockchain technology that would allow cross-border trade and financing
  • Both city-states are traditionally considered rivals for the position of Asia' s top financial hub


teeth53      ( Date: 27-Oct-2017 17:42) Posted:



Financial technology (fintech) is thriving globally and received $17.4B in investment last year alone.

According to EY' s Fintech Adoption Index, a third of consumers worldwide are using two or more fintech services, with 84% of customers saying they are aware of fintech (up 22% from previous yr).

But users are often unaware that the financial services applications they use count as " fintech" , or may not know what exactly fintech and its accompanying jargon means.

Here, CNBC explains all the crucial terminology you need to know to understand the sector.

Fintech - Financial technology is broadly defined as any technological innovation in financial services.



Those engaged in the industry develop new technologies to disrupt traditional financial markets.

Various start-ups have been involved in the process of creating these new technologies, but many of the world' s top banks including  HSBCand  Credit Suisse  have been developing  their own fintech ideas  as well.

Fintech companies utilize technology as widely available as payment apps to more complex software applications such as artificial intelligence and big data.

Cryptocurrency - A cryptocurrency is a decentralized digital currency which uses encryption - the process of converting data into code - to generate units of currency and validate transactions independent of a central bank or government.



Bitcoin  and ether are the most common form of digital currencies. But there are other forms of virtual cash, such as Litecoin, Ripple and Dash (i.e. " Digital Cash" ).

Bitcoin - ' Bitcoin' &ndash a term we' re more used to hearing even in mainstream finance &ndash is the first and one of the most prominent cryptocurrencies used by traders in the world of fintech.



It all began when an unknown person(s), under the pseudonym Satoshi Nakamoto, designed bitcoin as a peer-to-peer (P2P) payment network without the need for governance by any central authority.

In an introductory white paper introducing the virtual currency, Nakamoto defined bitcoin as: " A purely peer-to-peer version of electronic cash (which) would allow online payments to be sent directly from one party to another without going through a financial institution."

Blockchain - Blockchain is a form of distributed ledger technology (DLT). This means that it maintains records of all cryptocurrency transactions on a distributed network of computers, but has no central ledger.



It secures the data through encrypted ' blocks' .

Various blockchain experts believe the technology can provide transparency for a multitude of different industries, not just the financial services.

The original blockchain network was created by bitcoin-founder Nakamoto to serve as the public ledger for all bitcoin transactions.

 Useful To Me  Not Useful To Me
teeth53
Supreme
27-Oct-2017 17:42     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin


Financial technology (fintech) is thriving globally and received $17.4B in investment last year alone.

According to EY' s Fintech Adoption Index, a third of consumers worldwide are using two or more fintech services, with 84% of customers saying they are aware of fintech (up 22% from previous yr).

But users are often unaware that the financial services applications they use count as " fintech" , or may not know what exactly fintech and its accompanying jargon means.

Here, CNBC explains all the crucial terminology you need to know to understand the sector.

Fintech - Financial technology is broadly defined as any technological innovation in financial services.



Those engaged in the industry develop new technologies to disrupt traditional financial markets.

Various start-ups have been involved in the process of creating these new technologies, but many of the world' s top banks including  HSBCand  Credit Suisse  have been developing  their own fintech ideas  as well.

Fintech companies utilize technology as widely available as payment apps to more complex software applications such as artificial intelligence and big data.

Cryptocurrency - A cryptocurrency is a decentralized digital currency which uses encryption - the process of converting data into code - to generate units of currency and validate transactions independent of a central bank or government.



Bitcoin  and ether are the most common form of digital currencies. But there are other forms of virtual cash, such as Litecoin, Ripple and Dash (i.e. " Digital Cash" ).

Bitcoin - ' Bitcoin' &ndash a term we' re more used to hearing even in mainstream finance &ndash is the first and one of the most prominent cryptocurrencies used by traders in the world of fintech.



It all began when an unknown person(s), under the pseudonym Satoshi Nakamoto, designed bitcoin as a peer-to-peer (P2P) payment network without the need for governance by any central authority.

In an introductory white paper introducing the virtual currency, Nakamoto defined bitcoin as: " A purely peer-to-peer version of electronic cash (which) would allow online payments to be sent directly from one party to another without going through a financial institution."

Blockchain - Blockchain is a form of distributed ledger technology (DLT). This means that it maintains records of all cryptocurrency transactions on a distributed network of computers, but has no central ledger.



It secures the data through encrypted ' blocks' .

Various blockchain experts believe the technology can provide transparency for a multitude of different industries, not just the financial services.

The original blockchain network was created by bitcoin-founder Nakamoto to serve as the public ledger for all bitcoin transactions.
 Useful To Me  Not Useful To Me


teeth53
Supreme
26-Oct-2017 09:34     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin 		RIYADH ? Saudi Crown Prince Mohammed bin Salman has announced plans to build a new mega city on the Red Sea coast, promising a lifestyle not available in today's Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources.

The city project, to be called "Neom", will operate independently from the "existing governmental framework" with investors consulted at every step during development.

The project will be backed by over US$500 billion (S$680 billion) from the Saudi govt, its sovereign wealth fund and local and international investors.

The Prince, 32, made a rare public appearance at the conference to promote the project, telling the bankers and economic policymakers in attendance that the kingdom was moving to a "new generation of cities".

Neom will be powered by clean energy, and will have no room "for anything traditional".

Holding two phones - one a decade old and the other, a smartphone - the Prince said they represented the difference between what Neom would be and any other such area.

The 26,500 sq km zone - stretching into Jordan and Egypt - will focus on industries, including energy and water, biotechnology, food, advanced manufacturing and entertainment, he added.

The ambitious plan includes a bridge spanning the Red Sea, connecting the proposed city to Egypt and the rest of Africa.

Prince Mohammed's announcement was the highlight at the opening of a 3-day international business conference drawing over 3,500 people from 88 countries. It was arranged by Saudi Arabia's main sovereign wealth fund, the Public Investment Fund (PIF), as part of an effort to present the kingdom as a leading global investment destination.

"Neom is situated on one of the world's most prominent economic arteries... Its strategic location will also facilitate the zone's rapid emergence as a global hub that connects Asia, Europe and Africa," PIF said.

It said yesterday the Neom mega economic zone was envisaged as the crown jewel in a string of planned investments that should nearly double the assets of the kingdom's sovereign wealth fund to US$400 billion by 2020.


teeth53      ( Date: 24-Jul-2017 07:48) Posted:

Changi Airport investment arm stays positive despite headwinds

Changi Airports International CAI) has consultancy and development projects with over 50 airports in more than 20 countries, Changi Airport' s good name has helped its foreign investment and consultancy arm spread its wings far and wide.

In last decade, Changi Airports International (CAI). Changi Airport Group subsidiary - has snared countless airport consultancy and development projects in growing aviation markets including China, India, Russia, Brazil, Latin America and the Middle East.

From King Fahd International Airport in Saudi Arabia to Italy' s Rome Fiumicino Airport to China' s Chongqing Jiangbei International Airport, CAI has left its mark on over 50 airports in more than 20 countries.

This has boosted revenue from $18.5 million in the 2012/2013 financial year to $41 million in the 2015/2016 financial year.

But high operating costs, including taxes, in an already capital-intensive industry, as well as foreign exchange losses, have put pressure on profits, which fell to just $6 million during the same period.

Business is challenging as airports are generally highly contested assets, sought after not only by airport operators but also sovereign wealth funds, infrastructure funds and pension funds.

Airports generally offer steady returns over medium to long term and this makes them attractive.

INVESTMENTS WORLDWIDE

75 per cent of King Abdulaziz International Airport in Saudi Arabia.

36.7 per cent of India' s Durgapur Aerotropolis. The airport project in West Bengal includes the development of an industrial park, a logistics hub and an IT park with supporting infrastructure such as housing, tourism, healthcare and social facilities.

33.3 per cent of Vladivostok International Airport in Russia.

30 per cent of Airports of the South (Krasnodar region), Russia, which oversees four airports in the region.

20.4 per cent of Tom Jobim International Airport in Rio de Janeiro, Brazil.

Airport consultancy and development projects with over 50 airports in more than 20 countries, including:

King Fahd International Airport in Dammam, Saudi Arabia

Tancredo Neves International Airport, Brazil

Chongqing Jiangbei International Airport, China

Samui Airport, Thailand

Brunei International Airport

Airports also require significant capital expenditure in capacity expansion and refurbishment, and their returns depend much on regulatory frameworks and capital expenditure requirements.

In Brazil, for example. CAI owns part of Tom Jobim International Airport in Rio de Janeiro, major restructuring is under way after CAI' s partner, Odebrecht Transport, became embroiled in a corruption scandal.

China' s Hainan HNA Infrastructure Investment Group has stepped in to buy over the troubled firm.

CAI takes a long-term view on its projects and the markets it operates in. " We are confident that these markets will offer many growth opportunities over the next 10 to 15 years."

Note: International Air Transport Association estimates that global passenger traffic will hit 7.2 billion in 2035, almost double the 3.8 billion air travellers last year.

Growing traffic will put pressure on airport infrastructure to expand, providing opportunities for CAI and other industry investors, said analysts.

Within the Asia-Pacific, for example, China and India are growing rapidly.

In a recent report, Airports Council International (Europe) director- general Olivier Jankovec noted the trend towards industry privatisation. 

Over 40% of European airports have at least some private shareholders, he said, and these airports handle the lion' s share of air traffic.

teeth53      ( Date: 29-May-2017 20:37) Posted:

http://www.channelnewsasia.com/news/singapore/changi-airport-reaches-1-billion-passengers-milestone-8891332

SINGAPORE: Changi Airport has handled more than 1 billion passengers since it opened on Jul 1, 1981, the airport said in a media release on Monday (May 29).

This milestone was reached last month, the airport said, adding that it is on course to handle a record 60 million passengers this year
 Useful To Me  Not Useful To Me
teeth53
Supreme
25-Oct-2017 12:17     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin

http://www.straitstimes.com/singapore/empty-bungalows-grand-old-dames-worth-millions-left-in-the-cold

Research by Goh bros, who brought the issue of abandoned property to the attention - Sunday Times, found that it last belonged to Mr Lien Kwang Wah, who died in 2008.

The Sunday Times understands that the property has been held in the family of the brother of tycoon Lien Ying Chow, the founder of Overseas Union Bank (OUB).

The home was purchased in 1912 by Boey Chuan Poh, the sole proprietor of the Union Times, a Singapore newspaper. Mr Boey also built a villa off Balestier Road that is known as the Sun Yat Sen Memorial Hall today.

teeth53      ( Date: 25-Oct-2017 12:12) Posted:

67 Cairnhill Road - This home was bought in 1912 by Boey Chuan Poh, sole proprietor of Union Times, a Singapore newspaper.

The property last belonged to Mr Lien Kwang Wah, the brother of late tycoon Lien Ying Chow.

It is now held in Mr Lien Kwang Wah' s family.

teeth53      ( Date: 25-Oct-2017 11:34) Posted:

Note - There' s a further development charges on 67, Cairnhill rd property.
 
Known as Fernbank n was re-numbered from 44 to 67, Cairnhill Rd based on S' pore1930 map."

Its $115 mill guide price works out to  $2,225/sq foot per plot ratio  (psf ppr). The 19,800 sq ft site is zoned " residential" with an allowable plot ratio of 2.8 and a height restriction of upto 36 storeys. 

67, Cairnhill rd site could yield upto 80 new units. A development charge of about $20.7 mil is payable to achieve the permissible gross floor area (GFA) of about 60,984 sq ft. 

While Cairnhill Mansions, an 18-storey blk@69, Cairnhill Rd, sits on a 43,103 sq ft freehold site that could accommodate upto 228 new apts. Asking price is $362 mil works out to  $2,101 psf ppr. 


 Useful To Me  Not Useful To Me
teeth53
Supreme
25-Oct-2017 12:12     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin 		67 Cairnhill Road - This home was bought in 1912 by Boey Chuan Poh, sole proprietor of Union Times, a Singapore newspaper.

The property last belonged to Mr Lien Kwang Wah, the brother of late tycoon Lien Ying Chow.

It is now held in Mr Lien Kwang Wah' s family.

teeth53      ( Date: 25-Oct-2017 11:34) Posted:

Note - There' s a further development charges on 67, Cairnhill rd property.
 
Known as Fernbank n was re-numbered from 44 to 67, Cairnhill Rd based on S' pore1930 map."

Its $115 mill guide price works out to  $2,225/sq foot per plot ratio  (psf ppr). The 19,800 sq ft site is zoned " residential" with an allowable plot ratio of 2.8 and a height restriction of upto 36 storeys. 

67, Cairnhill rd site could yield upto 80 new units. A development charge of about $20.7 mil is payable to achieve the permissible gross floor area (GFA) of about 60,984 sq ft. 

While Cairnhill Mansions, an 18-storey blk@69, Cairnhill Rd, sits on a 43,103 sq ft freehold site that could accommodate upto 228 new apts. Asking price is $362 mil works out to  $2,101 psf ppr. 

 Useful To Me  Not Useful To Me


teeth53
Supreme
25-Oct-2017 11:34     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin 		Note - There' s a further development charges on 67, Cairnhill rd property.
 
Known as Fernbank n was re-numbered from 44 to 67, Cairnhill Rd based on S' pore1930 map."

Its $115 mill guide price works out to  $2,225/sq foot per plot ratio  (psf ppr). The 19,800 sq ft site is zoned " residential" with an allowable plot ratio of 2.8 and a height restriction of upto 36 storeys. 

67, Cairnhill rd site could yield upto 80 new units. A development charge of about $20.7 mil is payable to achieve the permissible gross floor area (GFA) of about 60,984 sq ft. 

While Cairnhill Mansions, an 18-storey blk@69, Cairnhill Rd, sits on a 43,103 sq ft freehold site that could accommodate upto 228 new apts. Asking price is $362 mil works out to  $2,101 psf ppr. 
 Useful To Me  Not Useful To Me
teeth53
Supreme
25-Oct-2017 11:23     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin

Collective en-bloc sale is heating up again.smiley

A single-storey hse. 67 Cairnhill Rd is up for sale with a price tag@$115 mil.

The freehold hse, has been with present owner' s for abt 50 yrs, is next to 61-apt Cairnhill Mansions, which is up for collective sale.

That means a single buyer could snap up both properties and have a 62,903 sq ft for redevelopment on a street that is near Orchard Road and Newton MRT stn.

Owners of Cairnhill Mansions are putting up for sale with an asking price of $362 mil, the guide price for hse at 67, Cairnhill Rd is $115 million. Tenders for both sites were launched yesterday and will close on Dec 12. CBRE is the marketing agent of both properties.

Mr Lien Kwang Wah, in his 80s, owned 67, Cairnhill Road for about 50 years - Straits Times. Attempts to contact him and his lawyer were unsuccessful.
Heritage expert Charles. " The hse was known as Fernbank and it was re-numbered from 44 to 67, Cairnhill Road based on the S' pore1930 map."


Its $115 million guide price works out to $2,225/sq foot per plot ratio (psf ppr). The 19,800 sq ft site is zoned " residential" with an allowable plot ratio of 2.8 and a height restriction of upto 36 storeys.

The site could yield up to 80 new units. A development charge of about $20.7 mil is payable to achieve the permissible gross floor area (GFA) of about 60,984 sq ft.

Cairnhill Mansions, an 18-storey blk@69, Cairnhill Rd, sits on a 43,103 sq ft freehold site that could accommodate upto 228 new apts. Asking price is $362 mil works out to $2,101 psf ppr.

The maximum allowable GFA is about 156,581 sq ft. There is no development charge payable as the total GFA does not exceed the development baseline for the property.

Both sites is less than $500 mil, that makes it extremely palatable in the current mkt.

" Buyers will have an option to buy either plot, or both sites."

The two sites could accommodate up to 308 units with an average size of 70/sq metres.

" CBRE - Cairnhill Mansions got the 80% (nod for a collective sale)

famouspinky      ( Date: 24-Oct-2017 08:50) Posted:

Offer to enbloc and acceptance of enbloc is diff. U can ask for 2mil but no willing buyer= no contract.

Goldfinger      ( Date: 24-Oct-2017 08:00) Posted:

All this money being created and sky high land prices will push up property values, create a wealth and consumption effect and push up local share prices. Not rocket science
 Useful To Me  Not Useful To Me
famouspinky
Supreme
24-Oct-2017 09:17     
 
famouspinky About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		08, 09, 2010..very nice wave with QE. Now is struggling to keep afloat with every breath.

famouspinky      ( Date: 24-Oct-2017 09:15) Posted:

Does the stock prices look fmiliar to u in 201o / dec?
 Useful To Me  Not Useful To Me


famouspinky
Supreme
24-Oct-2017 09:15     
 
famouspinky About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Does the stock prices look fmiliar to u in 201o / dec?
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
24-Oct-2017 08:58     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		I've had a couple. All purely sentiment driven and about timing.

famouspinky      ( Date: 24-Oct-2017 08:50) Posted:

Offer to enbloc and acceptance of enbloc is diff. U can ask for 2mil but no willing buyer= no contract.

Goldfinger      ( Date: 24-Oct-2017 08:00) Posted:

All this money being created and sky high land prices will push up property values, create a wealth and consumption effect and push up local share prices. Not rocket science
 Useful To Me  Not Useful To Me
famouspinky
Supreme
24-Oct-2017 08:55     
 
famouspinky About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		China central bank chief raises new worry in China: Mortgage-driven household debt Although analysts are generally optimistic that Chinese officials will gradually reform corporate reliance on debt, China's mortgage-fueled household debt is growing at an "alarming" rate, Citi says. Chinese President Xi Jinping called out the property sector in his key speech this week. China's central bank governor also commented on rapid growth of household debt and raised worries about a coming sharp drop in asset prices.

famouspinky      ( Date: 24-Oct-2017 08:50) Posted:

Offer to enbloc and acceptance of enbloc is diff. U can ask for 2mil but no willing buyer= no contract.

Goldfinger      ( Date: 24-Oct-2017 08:00) Posted:

All this money being created and sky high land prices will push up property values, create a wealth and consumption effect and push up local share prices. Not rocket science
 Useful To Me  Not Useful To Me
leongyan
Master
24-Oct-2017 08:54     
 
leongyan About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		There is a time to short and long. Familiar with retail folks who keep longing until they run out of cash because they entered too early into the market? Same thing.. shirt when market gets too high and too ores. Signs are quite clear

jack2906      ( Date: 24-Oct-2017 07:49) Posted:

well... been heard of this since last year, I used to believe and go short index.. end up make big loss...
dun go short indices as we dun know when the actual actual real real correction will come, just go long when there is a big drop, 99% guarantee you will make profit~

risktaker      ( Date: 23-Oct-2017 12:18) Posted:

Signal given from top... correction coming...

Good luck n stay out..

Nikkei, HSI, dow = short
USD= long
 Useful To Me  Not Useful To Me


famouspinky
Supreme
24-Oct-2017 08:50     
 
famouspinky About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Offer to enbloc and acceptance of enbloc is diff. U can ask for 2mil but no willing buyer= no contract.

Goldfinger      ( Date: 24-Oct-2017 08:00) Posted:

All this money being created and sky high land prices will push up property values, create a wealth and consumption effect and push up local share prices. Not rocket science.

teeth53      ( Date: 24-Oct-2017 07:37) Posted:

http://www.straitstimes.com/business/property/dunearn-court-sold-mayfair-gardens-up-for-sale
Dunearn Court sold En-Bloc,  Sale price of $36.3 million

The 12-unit, each owner at Dunearn Court will get abt $2.91 mil to $3.12 mil,  which works out to around $2,004 per sq ft (psf) to $2,140 psf.. The 19,203 sq ft freehold site, bought by Roxy-Pacific Holdings unit RH Central, has a gross plot ratio of 1.4.

Mayfair Gardens up for sale



while, the 124-unit Mayfair Gardens in the Bt Timah area was launched for collective sale yesterday with a reserve price of $265 million.

It translates to a land rate of $1,058 psf ppr, including an additional lease top-up premium of $43.7 mil payable for a fresh 99-yr lease, said Knight Frank, the marketing agent.

Based on reserve price, each owner will receive gross sales of abt $1.45 mil - $2.46 mil.

The tender closes at 3pm on Nov 16.
 
 Useful To Me  Not Useful To Me
famouspinky
Supreme
24-Oct-2017 08:48     
 
famouspinky About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Old news la

Goldfinger      ( Date: 24-Oct-2017 08:00) Posted:

All this money being created and sky high land prices will push up property values, create a wealth and consumption effect and push up local share prices. Not rocket science.

teeth53      ( Date: 24-Oct-2017 07:37) Posted:

http://www.straitstimes.com/business/property/dunearn-court-sold-mayfair-gardens-up-for-sale
Dunearn Court sold En-Bloc,  Sale price of $36.3 million

The 12-unit, each owner at Dunearn Court will get abt $2.91 mil to $3.12 mil,  which works out to around $2,004 per sq ft (psf) to $2,140 psf.. The 19,203 sq ft freehold site, bought by Roxy-Pacific Holdings unit RH Central, has a gross plot ratio of 1.4.

Mayfair Gardens up for sale



while, the 124-unit Mayfair Gardens in the Bt Timah area was launched for collective sale yesterday with a reserve price of $265 million.

It translates to a land rate of $1,058 psf ppr, including an additional lease top-up premium of $43.7 mil payable for a fresh 99-yr lease, said Knight Frank, the marketing agent.

Based on reserve price, each owner will receive gross sales of abt $1.45 mil - $2.46 mil.

The tender closes at 3pm on Nov 16.
 
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
24-Oct-2017 08:00     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		All this money being created and sky high land prices will push up property values, create a wealth and consumption effect and push up local share prices. Not rocket science.

teeth53      ( Date: 24-Oct-2017 07:37) Posted:

http://www.straitstimes.com/business/property/dunearn-court-sold-mayfair-gardens-up-for-sale
Dunearn Court sold En-Bloc,  Sale price of $36.3 million

The 12-unit, each owner at Dunearn Court will get abt $2.91 mil to $3.12 mil,  which works out to around $2,004 per sq ft (psf) to $2,140 psf.. The 19,203 sq ft freehold site, bought by Roxy-Pacific Holdings unit RH Central, has a gross plot ratio of 1.4.

Mayfair Gardens up for sale



while, the 124-unit Mayfair Gardens in the Bt Timah area was launched for collective sale yesterday with a reserve price of $265 million.

It translates to a land rate of $1,058 psf ppr, including an additional lease top-up premium of $43.7 mil payable for a fresh 99-yr lease, said Knight Frank, the marketing agent.

Based on reserve price, each owner will receive gross sales of abt $1.45 mil - $2.46 mil.

The tender closes at 3pm on Nov 16.
 

teeth53      ( Date: 21-Oct-2017 08:29) Posted:

Florence Regency Enbloc sales is the 12th for for Ex-HUDC. Since 2005.

Florence Regency has closed on en-bloc sale under private treaty after Chinese developer Logan Property (S'pore) agreed to match the independent valuation of S$629 mil for the property at Hougang Ave 2.

Each owner will get between S$1.84 million and S$1.89 million.

Owners of the 336-unit estate had earlier received a bid that exceeded the reserve price of S$600 million, and two that did't match.

None met the S$629 mil valuation by independent valuer Colliers Int'l. Tender closed on Sept 27 with the three bidders refusing to match the valuation.

The collective sale agreement required sale price no lower than the valuation. It prompted JLL to court other developers to close the deal under private treaty within 10-wks of the close of the public tender.

The 386,236 psf site is zoned residential with a gross plot ratio of 2.8.

The land price works out to $842 psf per plot ratio after factoring in estimated differential premiums of $288.6 mil to top up the lease to a fresh 99 yrs and to develop the site to the gross plot ratio of 2.8.

It is 2nd site snapped up by HK-listed Logan Property, which in May made history after it and fellow Chinese developer Nanshan Grp put in top bid of $1.003 bil for the 21,109 sq m site in Stirling Rd.

That was the first time that a purely residential site in the Govt Land Sales programme had crossed the billion-dollar mark.

More ex-HUDC estates is trying to en bloc sales.

Ivory Heights is on the market, while Braddell View, Pine Grove, Laguna Park n Chancery Court have started the process.



 Useful To Me  Not Useful To Me
jack2906
Veteran
24-Oct-2017 07:49     
 
jack2906 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		well... been heard of this since last year, I used to believe and go short index.. end up make big loss...
dun go short indices as we dun know when the actual actual real real correction will come, just go long when there is a big drop, 99% guarantee you will make profit~

risktaker      ( Date: 23-Oct-2017 12:18) Posted:

Signal given from top... correction coming...

Good luck n stay out..

Nikkei, HSI, dow = short
USD= long
 Useful To Me  Not Useful To Me
teeth53
Supreme
24-Oct-2017 07:37     
 
teeth53 About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "don't learn through life, learn to grow with life "
  x 0
  x 0

 Alert Admin

http://www.straitstimes.com/business/property/dunearn-court-sold-mayfair-gardens-up-for-sale
Dunearn Court sold En-Bloc,  Sale price of $36.3 million

The 12-unit, each owner at Dunearn Court will get abt $2.91 mil to $3.12 mil,  which works out to around $2,004 per sq ft (psf) to $2,140 psf.. The 19,203 sq ft freehold site, bought by Roxy-Pacific Holdings unit RH Central, has a gross plot ratio of 1.4.

Mayfair Gardens up for sale



while, the 124-unit Mayfair Gardens in the Bt Timah area was launched for collective sale yesterday with a reserve price of $265 million.

It translates to a land rate of $1,058 psf ppr, including an additional lease top-up premium of $43.7 mil payable for a fresh 99-yr lease, said Knight Frank, the marketing agent.

Based on reserve price, each owner will receive gross sales of abt $1.45 mil - $2.46 mil.

The tender closes at 3pm on Nov 16.
 

teeth53      ( Date: 21-Oct-2017 08:29) Posted:

Florence Regency Enbloc sales is the 12th for for Ex-HUDC. Since 2005.

Florence Regency has closed on en-bloc sale under private treaty after Chinese developer Logan Property (S'pore) agreed to match the independent valuation of S$629 mil for the property at Hougang Ave 2.

Each owner will get between S$1.84 million and S$1.89 million.

Owners of the 336-unit estate had earlier received a bid that exceeded the reserve price of S$600 million, and two that did't match.

None met the S$629 mil valuation by independent valuer Colliers Int'l. Tender closed on Sept 27 with the three bidders refusing to match the valuation.

The collective sale agreement required sale price no lower than the valuation. It prompted JLL to court other developers to close the deal under private treaty within 10-wks of the close of the public tender.

The 386,236 psf site is zoned residential with a gross plot ratio of 2.8.

The land price works out to $842 psf per plot ratio after factoring in estimated differential premiums of $288.6 mil to top up the lease to a fresh 99 yrs and to develop the site to the gross plot ratio of 2.8.

It is 2nd site snapped up by HK-listed Logan Property, which in May made history after it and fellow Chinese developer Nanshan Grp put in top bid of $1.003 bil for the 21,109 sq m site in Stirling Rd.

That was the first time that a purely residential site in the Govt Land Sales programme had crossed the billion-dollar mark.

More ex-HUDC estates is trying to en bloc sales.

Ivory Heights is on the market, while Braddell View, Pine Grove, Laguna Park n Chancery Court have started the process.


 Useful To Me  Not Useful To Me
risktaker
Supreme
23-Oct-2017 12:18     
 
risktaker About Contact  Quote this Post! Style: Flexible   Mood: happy
Yells: "Posts are opinions. Do not take it as investment advise "
  x 0
  x 0

 Alert Admin 		Signal given from top... correction coming...

Good luck n stay out..

Nikkei, HSI, dow = short
USD= long
 Useful To Me  Not Useful To Me
famouspinky
Supreme
23-Oct-2017 10:53     
 
famouspinky About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Aft everytjg gone, how long to reinstate to LKY/ Goh Keng Swee state?

andysim83      ( Date: 23-Oct-2017 10:12) Posted:

haha...sg market dying...green or red pennies are still dropping despite no bad news..green nv go up..red cfm drop...yawn

famouspinky      ( Date: 21-Oct-2017 20:52) Posted:

Look at our Sgx, number of delist and privatisation and of cos big retrenchment going on Gonna be an empty shell very soon
 Useful To Me  Not Useful To Me
andysim83
Elite
23-Oct-2017 10:12     
 
andysim83 About Contact  Quote this Post! Style: Flexible   Mood: happy
  x 0
  x 0

 Alert Admin 		haha...sg market dying...green or red pennies are still dropping despite no bad news..green nv go up..red cfm drop...yawn

famouspinky      ( Date: 21-Oct-2017 20:52) Posted:

Look at our Sgx, number of delist and privatisation and of cos big retrenchment going on Gonna be an empty shell very soon.

famouspinky      ( Date: 21-Oct-2017 20:50) Posted:

Aft QE for near 10y, prices only corrected a mere 10%. So resilence? I dont belief wil be resilence without QE. One and only QE historically done by legend Obama seconded and grounded by Trump
 Useful To Me  Not Useful To Me
                                                         First   < Newer   5821-5840 of 18187   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.