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Qanghoo Supreme	24-Sep-2018 19:34        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	If u compare TS n Ox, Ox has probably taken more risks (although I have been one who always salute fat Ching n I still do, but not vested in Ox at the moment).  TS is slowly opening up.  But I think they have the acuement to manage their risks.  Actually my biggest reservation is their Batam project.  I think that one needs to be really expertly excuted.  China while there are risks, the pace of development of Hainan going forward wld help.  To be very cynical though I' d add that managing the PRC partner is equally important. Hyflux' s main problem has to do a lot with the problem of the spore elect mkt.  Even giants like SCI had flagged the challenges .... Goldfinger      ( Date: 24-Sep-2018 19:01) Posted: Oops sorry, meant " BIG" news.  I think it is positive that they are expanding outwards into higher growth markets and economies like Indonesia and China, compared to sticking in SG and slugging it out with other developers.  Also, I like the scale that these are like mega projects, compared to little boutique condos in SG like they did in the past.  TS is now entering a bigger league, and their quality in past projects should put them in good stead as a quality developer. Hyflux is different - its big infrastructure plays with less demand for its assets. Also people are now squeezing them dry. In contrast, Asians will always always want to acquire land and property for their next generation. It is in our DNA.  Stupid as much as it sounds - since we should learn to enjoy life in the present (like the angmoh) instead of worrying about the Next Gen. ysh2006      ( Date: 24-Sep-2018 18:26) Posted: Can clarify Goldfinger your "bid news" not typo error "bad news" har ,?...TS ventured into so many places ( Batam China Europe etc ) will they have so much money to do it...? Hyflux is a example venturing into many things in the end no money..
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Goldfinger Supreme	24-Sep-2018 19:01        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oops sorry, meant " BIG" news.  I think it is positive that they are expanding outwards into higher growth markets and economies like Indonesia and China, compared to sticking in SG and slugging it out with other developers.  Also, I like the scale that these are like mega projects, compared to little boutique condos in SG like they did in the past.  TS is now entering a bigger league, and their quality in past projects should put them in good stead as a quality developer. Hyflux is different - its big infrastructure plays with less demand for its assets. Also people are now squeezing them dry. In contrast, Asians will always always want to acquire land and property for their next generation. It is in our DNA.  Stupid as much as it sounds - since we should learn to enjoy life in the present (like the angmoh) instead of worrying about the Next Gen. ysh2006      ( Date: 24-Sep-2018 18:26) Posted: Can clarify Goldfinger your "bid news" not typo error "bad news" har ,?...TS ventured into so many places ( Batam China Europe etc ) will they have so much money to do it...? Hyflux is a example venturing into many things in the end no money..
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ysh2006 Supreme	24-Sep-2018 18:26        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can clarify Goldfinger your "bid news" not typo error "bad news" har ,?...TS ventured into so many places ( Batam China Europe etc ) will they have so much money to do it...? Hyflux is a example venturing into many things in the end no money..
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Goldfinger Supreme	24-Sep-2018 17:47        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quite bid news indeed.  Hope this means they are getting out of Singapore residential, which does not seem to have good prospects. Also, anything connected to a HSR station and a big city, will have its own demand pool. Qanghoo      ( Date: 24-Sep-2018 16:43) Posted: TS taking stake in large-scale development in Hainan.  May represent a shift in growing the coy' s business.  But I think it cld also present greater risks.  On the other hand, with Hainan being accorded SEZ status, the island cld present accelerated growth potential n hence present TS with faster growth opportunities.   TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 1 of 6 PRESS RELEASE Tuan Sing accelerates regional growth with stake in RMB5 billion, 2.6 million sqft Mega Integrated Development in Sanya ?h The mega project on Hainan Island, which will have total saleable and leasable area of about 2.6 million square feet, comprising commercial, residential, hotel and retail components ?h The investment represents a broader transformation strategy for the Group as it expands into large scale integrated developments in key Asian cities ?h It follows closely on the recently-announced Batam Marina City project, an integrated township on Batam Island SINGAPORE - 24 September 2018 - SGX Mainboard-listed Tuan Sing Holdings Limited (" Tuan Sing" or the " Group" ), a fast-growing, diversified regional real estate company focused on property development and investment, hotel investment and industrial services, is pushing ahead with its transformation into a regional property developer with its latest investment in a multi-billion renminbi mixed-use development project in the booming island of Hainan in China. The Group announced today it has acquired an initial 7.8% stake in Sanya Summer Real Estate Co Ltd (" SSRE" ), a Hainan-based property development company, for RMB75 million. The incumbent shareholder of SSRE is Hainan Summer Property Development Ltd, an established developer and operator of two retail malls in Hainan. The Group will have the opportunity to increase its stake in the project through its subsidiary, SP Corporation Limited (" SP Corp" ), should SP Corp&rsquo s shareholders approve the repayment of a S$20 million loan via the issuance of new shares of SSRE. SSRE has obtained the necessary requisite approvals to develop its block of land of approximately 57,839 sqm at Yuxiu Road, adjacent to the Sanya High-Speed Railway Station in Hainan. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 2 of 6 The development plans for the land plot involve an iconic landmark project which comprises commercial, residential, hotel and retail components and is connected to the Sanya High-Speed Railway Station. On completion, the project will have a total saleable and leasable area of about 2.6 million square feet, or 240,000 sqm. Development of the project, which will have a development cost of RMB 1.6 billion and gross development value of RMB 5.0 billion, is expected to be completed by the end of 2021. For Tuan Sing, the SSRE investment fits into its broader transformation strategy as a regional property developer as it seeks to leverage on its strengths and track record in property development and investment across the residential, commercial, industrial and hospitality segments. " We are very excited to participate in this large-scale project, which will be an iconic landmark in the heart of Sanya once it is completed. We are confident that the project will benefit from the Group&rsquo s collective knowledge and expertise, given our experience and track record in the property sector. This investment, together with the recently-announced Batam Marina City project, marks an important step in our journey to transform the Group from niche developer to a major regional player with a presence in commercial, residential and hospitality properties in various key Asian cities across Singapore, China, Indonesia and Australia," said Mr William Liem, CEO of Tuan Sing Holdings Limited. " This is just the beginning of our transformation. We will continue to identify suitable opportunities to grow our portfolio of strategically located assets, and explore meaningful partnerships and collaborations so as to enhance and diversify our revenue streams to create the best returns for our valued shareholders," added Mr Liem. Tuan Sing&rsquo s investment in this Sanya project fits this vision in terms of its size and scale. The complex will be well connected with a retail podium accessible through an interior shopping street/village and via a continuous canopy system linking the other elements comprising a hotel, hotel apartments, an event hall, a cinema, a children&rsquo s playground and a sky garden. The proposed complex will also have an integrated long-distance bus interchange hub and basement carparking. The design for the proposed complex is inspired by forms of the Chinese Dragon and Phoenix. It is conceptualised by Aedas, one of the world&rsquo s leading architecture and design practices, which is behind several signature projects such as The Star and The TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 3 of 6 Sandcrawler in Singapore, Starlight Place and Sincere Financial Center in Chongqing and Evergrande Plaza in Chengdu. Moreover, the development will offer unrivalled transport connectivity, serving as a transportation node for the Sanya High-Speed Railway Station and the proposed bus interchange that will serve major routes around Hainan Island. The site of the proposed complex will also be within 20 minutes&rsquo drive from Sanya Phoenix International Airport. The investment in Hainan is timely. The island is one of the fastest-growing provinces in China, with annual economic growth rates of between 7.0% and 9.9% over the past five years. It has consistently outperformed growth at the national level, which hovered between 6.6% and 7.7% in the same period. For 2018, Hainan is forecasting growth of 7.0%, higher than the national forecast of 6.6%.1 In April 2018, Chinese President Xi Jinping announced the government&rsquo s intention to establish the Hainan Free Trade Zone by 2020, a move that will bring about increased foreign investment and boost growth prospects in the province. 1 Hainan Provincial Bureau of Statistics, National Bureau of Statistics, XinHuaNet 2 Hainan Tourism Development Commission In addition, Hainan Island is also a major tourism destination in China, with record tourist arrivals and tourist receipts of 67.5 million and RMB 81.2 billion respectively in 20172, both of which are expected to register strong growth in 2018 on the back of more favourable governmental initiatives. " Given the huge potential of this project, we believe that it is in the long-term interest of the Group to increase our stake in due course. For years, we have had a presence in China but this investment will serve to give us a foothold to tap on the rapid pace of growth in Hainan, as well as the growing affluence within Sanya. As one of the first foreign developers to embark on such large-scale projects in Hainan, we are well-placed to benefit from the tourism boom and the government&rsquo s favourable development initiatives for the province," said Mr Liem. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 4 of 6 The landmark project will comprise commercial, residential, hotel and retail elements, and will have a total saleable and leasable area of about 2.6 million square feet, or 240,000 sqm. The integrated development will serve as a transportation node, with connections to the Sanya High- Speed Railway Station and the proposed bus interchange that will serve major routes around Hainan Island. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 5 of 6 About Tuan Sing Holdings Limited Tuan Sing Holdings Limited is a fast-growing, diversified regional investment holding company with interests mainly in property development, property investment and hotel ownership. Over the years, the Group has developed a portfolio of strategically located real estate assets in Singapore and across the region, and established a reputation for the delivery of good quality and iconic developments. In addition, the Group has an 80.2% stake in SGX-ST listed subsidiary, SP Corporation Limited (" SP Corp" ) and a 97.9% stake in Hypak Sdn Berhad (" Hypak" ). SP Corp is primarily engaged in commodities trading, while Hypak is in the business of manufacturing and marketing polypropylene packaging bags in Malaysia. The Group also holds a 44.5% interest in Gul Technologies Singapore Pte. Ltd., a printed circuit board manufacturer and a 49% stake in Pan-West (Private) Limited, a retailer of golf-related products. As the Group approaches its Golden Jubilee in 2019, it has embarked on a business transformation to reposition itself from a niche developer to a major regional player with a presence in commercial, residential and hospitality properties in various key Asian cities across Singapore, China, Indonesia and Australia. Leveraging on its strengths and track record in property development and investment across a diverse range of property segments, the Group intends to participate in large-scale integrated developments and townships as it enters the next phase of growth. For more information on Tuan Sing Holdings Limited, please visit http://www.tuansing.com. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 6 of 6 Important notes on forward-looking statements: All statements other than statements of historical facts included in this news release are or may be forward-looking statements. Forward-looking statements involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from these expressed in forward-looking statements as a result of changes of these assumptions, risks, and uncertainties. Examples of these factors include, but not limited to, general industry and economic conditions, interest rate movements, cost of capital and availability of capital, competition from other companies and venues for sale/ manufacture/ distribution of goods and services, shift in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, and governmental and public policy changes. You are cautioned not to place undue reliance on these forward-looking statements, which are based on current view of the Company on future events. The Company undertakes no obligation to update publicly or revise any forward-looking statements. Issued by Tuan Sing Holdings Limited (Company registration No. 196900130M) Tel: (65) 6223 7211 Fax: (65) 6224 1085 www.tuansing.com
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Qanghoo Supreme	24-Sep-2018 16:43        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	TS taking stake in large-scale development in Hainan.  May represent a shift in growing the coy' s business.  But I think it cld also present greater risks.  On the other hand, with Hainan being accorded SEZ status, the island cld present accelerated growth potential n hence present TS with faster growth opportunities.   TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 1 of 6 PRESS RELEASE Tuan Sing accelerates regional growth with stake in RMB5 billion, 2.6 million sqft Mega Integrated Development in Sanya ?h The mega project on Hainan Island, which will have total saleable and leasable area of about 2.6 million square feet, comprising commercial, residential, hotel and retail components ?h The investment represents a broader transformation strategy for the Group as it expands into large scale integrated developments in key Asian cities ?h It follows closely on the recently-announced Batam Marina City project, an integrated township on Batam Island SINGAPORE - 24 September 2018 - SGX Mainboard-listed Tuan Sing Holdings Limited (" Tuan Sing" or the " Group" ), a fast-growing, diversified regional real estate company focused on property development and investment, hotel investment and industrial services, is pushing ahead with its transformation into a regional property developer with its latest investment in a multi-billion renminbi mixed-use development project in the booming island of Hainan in China. The Group announced today it has acquired an initial 7.8% stake in Sanya Summer Real Estate Co Ltd (" SSRE" ), a Hainan-based property development company, for RMB75 million. The incumbent shareholder of SSRE is Hainan Summer Property Development Ltd, an established developer and operator of two retail malls in Hainan. The Group will have the opportunity to increase its stake in the project through its subsidiary, SP Corporation Limited (" SP Corp" ), should SP Corp&rsquo s shareholders approve the repayment of a S$20 million loan via the issuance of new shares of SSRE. SSRE has obtained the necessary requisite approvals to develop its block of land of approximately 57,839 sqm at Yuxiu Road, adjacent to the Sanya High-Speed Railway Station in Hainan. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 2 of 6 The development plans for the land plot involve an iconic landmark project which comprises commercial, residential, hotel and retail components and is connected to the Sanya High-Speed Railway Station. On completion, the project will have a total saleable and leasable area of about 2.6 million square feet, or 240,000 sqm. Development of the project, which will have a development cost of RMB 1.6 billion and gross development value of RMB 5.0 billion, is expected to be completed by the end of 2021. For Tuan Sing, the SSRE investment fits into its broader transformation strategy as a regional property developer as it seeks to leverage on its strengths and track record in property development and investment across the residential, commercial, industrial and hospitality segments. " We are very excited to participate in this large-scale project, which will be an iconic landmark in the heart of Sanya once it is completed. We are confident that the project will benefit from the Group&rsquo s collective knowledge and expertise, given our experience and track record in the property sector. This investment, together with the recently-announced Batam Marina City project, marks an important step in our journey to transform the Group from niche developer to a major regional player with a presence in commercial, residential and hospitality properties in various key Asian cities across Singapore, China, Indonesia and Australia," said Mr William Liem, CEO of Tuan Sing Holdings Limited. " This is just the beginning of our transformation. We will continue to identify suitable opportunities to grow our portfolio of strategically located assets, and explore meaningful partnerships and collaborations so as to enhance and diversify our revenue streams to create the best returns for our valued shareholders," added Mr Liem. Tuan Sing&rsquo s investment in this Sanya project fits this vision in terms of its size and scale. The complex will be well connected with a retail podium accessible through an interior shopping street/village and via a continuous canopy system linking the other elements comprising a hotel, hotel apartments, an event hall, a cinema, a children&rsquo s playground and a sky garden. The proposed complex will also have an integrated long-distance bus interchange hub and basement carparking. The design for the proposed complex is inspired by forms of the Chinese Dragon and Phoenix. It is conceptualised by Aedas, one of the world&rsquo s leading architecture and design practices, which is behind several signature projects such as The Star and The TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 3 of 6 Sandcrawler in Singapore, Starlight Place and Sincere Financial Center in Chongqing and Evergrande Plaza in Chengdu. Moreover, the development will offer unrivalled transport connectivity, serving as a transportation node for the Sanya High-Speed Railway Station and the proposed bus interchange that will serve major routes around Hainan Island. The site of the proposed complex will also be within 20 minutes&rsquo drive from Sanya Phoenix International Airport. The investment in Hainan is timely. The island is one of the fastest-growing provinces in China, with annual economic growth rates of between 7.0% and 9.9% over the past five years. It has consistently outperformed growth at the national level, which hovered between 6.6% and 7.7% in the same period. For 2018, Hainan is forecasting growth of 7.0%, higher than the national forecast of 6.6%.1 In April 2018, Chinese President Xi Jinping announced the government&rsquo s intention to establish the Hainan Free Trade Zone by 2020, a move that will bring about increased foreign investment and boost growth prospects in the province. 1 Hainan Provincial Bureau of Statistics, National Bureau of Statistics, XinHuaNet 2 Hainan Tourism Development Commission In addition, Hainan Island is also a major tourism destination in China, with record tourist arrivals and tourist receipts of 67.5 million and RMB 81.2 billion respectively in 20172, both of which are expected to register strong growth in 2018 on the back of more favourable governmental initiatives. " Given the huge potential of this project, we believe that it is in the long-term interest of the Group to increase our stake in due course. For years, we have had a presence in China but this investment will serve to give us a foothold to tap on the rapid pace of growth in Hainan, as well as the growing affluence within Sanya. As one of the first foreign developers to embark on such large-scale projects in Hainan, we are well-placed to benefit from the tourism boom and the government&rsquo s favourable development initiatives for the province," said Mr Liem. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 4 of 6 The landmark project will comprise commercial, residential, hotel and retail elements, and will have a total saleable and leasable area of about 2.6 million square feet, or 240,000 sqm. The integrated development will serve as a transportation node, with connections to the Sanya High- Speed Railway Station and the proposed bus interchange that will serve major routes around Hainan Island. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 5 of 6 About Tuan Sing Holdings Limited Tuan Sing Holdings Limited is a fast-growing, diversified regional investment holding company with interests mainly in property development, property investment and hotel ownership. Over the years, the Group has developed a portfolio of strategically located real estate assets in Singapore and across the region, and established a reputation for the delivery of good quality and iconic developments. In addition, the Group has an 80.2% stake in SGX-ST listed subsidiary, SP Corporation Limited (" SP Corp" ) and a 97.9% stake in Hypak Sdn Berhad (" Hypak" ). SP Corp is primarily engaged in commodities trading, while Hypak is in the business of manufacturing and marketing polypropylene packaging bags in Malaysia. The Group also holds a 44.5% interest in Gul Technologies Singapore Pte. Ltd., a printed circuit board manufacturer and a 49% stake in Pan-West (Private) Limited, a retailer of golf-related products. As the Group approaches its Golden Jubilee in 2019, it has embarked on a business transformation to reposition itself from a niche developer to a major regional player with a presence in commercial, residential and hospitality properties in various key Asian cities across Singapore, China, Indonesia and Australia. Leveraging on its strengths and track record in property development and investment across a diverse range of property segments, the Group intends to participate in large-scale integrated developments and townships as it enters the next phase of growth. For more information on Tuan Sing Holdings Limited, please visit http://www.tuansing.com. TUAN SING HOLDINGS LIMITED (Registration No. 196900130M) Page 6 of 6 Important notes on forward-looking statements: All statements other than statements of historical facts included in this news release are or may be forward-looking statements. Forward-looking statements involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from these expressed in forward-looking statements as a result of changes of these assumptions, risks, and uncertainties. Examples of these factors include, but not limited to, general industry and economic conditions, interest rate movements, cost of capital and availability of capital, competition from other companies and venues for sale/ manufacture/ distribution of goods and services, shift in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, and governmental and public policy changes. You are cautioned not to place undue reliance on these forward-looking statements, which are based on current view of the Company on future events. The Company undertakes no obligation to update publicly or revise any forward-looking statements. Issued by Tuan Sing Holdings Limited (Company registration No. 196900130M) Tel: (65) 6223 7211 Fax: (65) 6224 1085 www.tuansing.com
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Qanghoo Supreme	21-Sep-2018 15:34        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, I think 2018 revaluation gain will be quite substantial after TOP, resulting in NAV being considerably pushed up too.  RP value shd go up too.  Goldfinger      ( Date: 21-Sep-2018 14:03) Posted: Anyone knows the psf sale price of Prudential Tower by Lian Beng to BlackRock? The property is almost as near to Raffles Place MRT as R18, and is 99 years leasehold with only 78 years left.  Asking prices currently around $3300.  So we can only guess how much more R18 that is freehold and with GFA of 250k square feet is worth?  We can factor that into the revluation gains for 2018.
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tonylim Master	21-Sep-2018 14:28        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	A hidden gem yet to unveil its true value Goldfinger      ( Date: 21-Sep-2018 14:03) Posted: Anyone knows the psf sale price of Prudential Tower by Lian Beng to BlackRock? The property is almost as near to Raffles Place MRT as R18, and is 99 years leasehold with only 78 years left.  Asking prices currently around $3300.  So we can only guess how much more R18 that is freehold and with GFA of 250k square feet is worth?  We can factor that into the revluation gains for 2018.
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Goldfinger Supreme	21-Sep-2018 14:03        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone knows the psf sale price of Prudential Tower by Lian Beng to BlackRock? The property is almost as near to Raffles Place MRT as R18, and is 99 years leasehold with only 78 years left.  Asking prices currently around $3300.  So we can only guess how much more R18 that is freehold and with GFA of 250k square feet is worth?  We can factor that into the revluation gains for 2018.
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Goldfinger Supreme	18-Sep-2018 12:49        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Doubt they can finish and get TOP in 1 and a half weeks, but October and November possible.  Should be completed by end-2018.    Go do take a look - especially if you have been waiting for this for a long time.  Its certainly bigger and taller than I expected, when you stand right below.  The sidewalks are also all completed and done up.  I was waiting for the trees and especially the smaller plants and shrubs  at the ground floor to be planted, as that usually signals to me the nearing  completion of any commercial project  - ie they will ony plant, once completion is nearing, and all the heavy machinery have been taken out. Otherwise, you would be killing and negating the planting done.
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Qanghoo Supreme	18-Sep-2018 12:02        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just added some.  But hope to get more cheaper.  If TOP Q3, TS will  be boosted by a developer' s profit.  This wld boost bottomline for the qtr.  Otherwise, have to wait for Q4.  ysh2006      ( Date: 18-Sep-2018 11:57) Posted: Goldfinger      ( Date: 18-Sep-2018 07:58) Posted: Go please do take a look for yourselves.  It actually looks rather impressive to me, now that it is nearing completion - stands out from the other buidlings in the vicinity, has a nice design and gem like look especially at night when lighted up, 1-2 minutes walk to Raffles Place MRT entrance at the Robinson Road end, opposite Lau Pa Sat, and anyone walking or driving down Robinson Road will see this building at the end and tenants will have a good clear view at Lau Pa Sat or down Robinson Road or some sea views.  Think all who have supported should be happy to see this completed. It has been a long wait for many, back even to the 1990s when the talk of redevelopment first surfaced.  I will go visit once they open, as they will also have 6 floors of retail, as I recall
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ysh2006 Supreme	18-Sep-2018 11:57        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Goldfinger      ( Date: 18-Sep-2018 07:58) Posted: Go please do take a look for yourselves.  It actually looks rather impressive to me, now that it is nearing completion - stands out from the other buidlings in the vicinity, has a nice design and gem like look especially at night when lighted up, 1-2 minutes walk to Raffles Place MRT entrance at the Robinson Road end, opposite Lau Pa Sat, and anyone walking or driving down Robinson Road will see this building at the end and tenants will have a good clear view at Lau Pa Sat or down Robinson Road or some sea views.  Think all who have supported should be happy to see this completed. It has been a long wait for many, back even to the 1990s when the talk of redevelopment first surfaced.  I will go visit once they open, as they will also have 6 floors of retail, as I recall. ysh2006      ( Date: 18-Sep-2018 07:31) Posted: So in two weeks'time start launching sales and book revenue loh...
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Goldfinger Supreme	18-Sep-2018 07:58        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Go please do take a look for yourselves.  It actually looks rather impressive to me, now that it is nearing completion - stands out from the other buidlings in the vicinity, has a nice design and gem like look especially at night when lighted up, 1-2 minutes walk to Raffles Place MRT entrance at the Robinson Road end, opposite Lau Pa Sat, and anyone walking or driving down Robinson Road will see this building at the end and tenants will have a good clear view at Lau Pa Sat or down Robinson Road or some sea views.  Think all who have supported should be happy to see this completed. It has been a long wait for many, back even to the 1990s when the talk of redevelopment first surfaced.  I will go visit once they open, as they will also have 6 floors of retail, as I recall. ysh2006      ( Date: 18-Sep-2018 07:31) Posted: So in two weeks'time start launching sales and book revenue loh.... Goldfinger      ( Date: 18-Sep-2018 07:16) Posted: I think yours is an older pic. Yesterday R18 looked more finished and dressed up and almost ready. Of course subject to BCA clearance for TOP. Management did say several times publicly that completion will be in 3Q 2018 so they may be rushing to meet that deadline
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ysh2006 Supreme	18-Sep-2018 07:31        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So in two weeks'time start launching sales and book revenue loh.... Goldfinger      ( Date: 18-Sep-2018 07:16) Posted: I think yours is an older pic. Yesterday R18 looked more finished and dressed up and almost ready. Of course subject to BCA clearance for TOP. Management did say several times publicly that completion will be in 3Q 2018 so they may be rushing to meet that deadline. Qanghoo      ( Date: 18-Sep-2018 00:41) Posted: Is this the front grd floor facade with the barracades removed already (click)?  I was in Cecil St today but went straight to DTL Telok Ayer instead cos I didn' t think there was so much progress since I was there a few wks ago.
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Goldfinger Supreme	18-Sep-2018 07:16        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think yours is an older pic. Yesterday R18 looked more finished and dressed up and almost ready. Of course subject to BCA clearance for TOP. Management did say several times publicly that completion will be in 3Q 2018 so they may be rushing to meet that deadline. Qanghoo      ( Date: 18-Sep-2018 00:41) Posted: Is this the front grd floor facade with the barracades removed already (click)?  I was in Cecil St today but went straight to DTL Telok Ayer instead cos I didn' t think there was so much progress since I was there a few wks ago.  Goldfinger      ( Date: 17-Sep-2018 23:21) Posted: I was at a meeting today near R18 and went to stand directly opposite and walked around - looks almost quite finished to me - the glass facades done, and they are even now beginning to plant trees on the open spaces in the mid-levels and plants around the ground area.  A lot of construction workers  walking around and working - like  they were rushing completion.   Likely TOP  completion in October-November 2018 I think, but not by the end of Q3 2018 - which is in the next 2 weeks.
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Qanghoo Supreme	18-Sep-2018 00:41        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is this the front grd floor facade with the barracades removed already (click)?  I was in Cecil St today but went straight to DTL Telok Ayer instead cos I didn' t think there was so much progress since I was there a few wks ago.  Goldfinger      ( Date: 17-Sep-2018 23:21) Posted: I was at a meeting today near R18 and went to stand directly opposite and walked around - looks almost quite finished to me - the glass facades done, and they are even now beginning to plant trees on the open spaces in the mid-levels and plants around the ground area.  A lot of construction workers  walking around and working - like  they were rushing completion.   Likely TOP  completion in October-November 2018 I think, but not by the end of Q3 2018 - which is in the next 2 weeks.
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Goldfinger Supreme	17-Sep-2018 23:21        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was at a meeting today near R18 and went to stand directly opposite and walked around - looks almost quite finished to me - the glass facades done, and they are even now beginning to plant trees on the open spaces in the mid-levels and plants around the ground area.  A lot of construction workers  walking around and working - like  they were rushing completion.   Likely TOP  completion in October-November 2018 I think, but not by the end of Q3 2018 - which is in the next 2 weeks.
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tritonyeah666 Elite	17-Sep-2018 20:43        tritonyeah666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last heard - 18 Robinson tenancy is now at 65%. They should announce TOP once tenancy is at 70%-80% as it will boast share price and increase their annual rental streams to $18 million a year. I' m looking at 0.12 cents to be added to the share price over FY 2019 assuming no stock market crash since as there is always that risk as we are in the 10th year of the bull run. Second risk will be the hike in fed rates that will increase Tuan' s burden as they are heavily heared in their borrowing of debt (> 1  billion) to fund such acquisitions.
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Qanghoo Supreme	17-Sep-2018 19:50        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oops forgot to mention the other crown jewel RP which longer term I think has potential for further enhancement or complete re-development to create even greater value. Qanghoo      ( Date: 17-Sep-2018 19:46) Posted: I hope RI8, Sime centre n the enhanced Perth asset will help to generate consistent sustabiable recurrent income come 2019 n beyond.  Then perhaps, we cld be seeing greater investor n fund-manager attention to this TS n help to raise it to a more respectable px level.  Then also, div cld be raise a few nitches.  Good luck to all vested.  Goldfinger      ( Date: 17-Sep-2018 15:28) Posted: Yes, once R18 is completed and start being tenanted out - the rental will start rolling in. Up till now, its all been investment and building construction costs - ie outflow not inflow. The inflow and redevelopment profits will start coming in soon
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Qanghoo Supreme	17-Sep-2018 19:46        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	I hope RI8, Sime centre n the enhanced Perth asset will help to generate consistent sustabiable recurrent income come 2019 n beyond.  Then perhaps, we cld be seeing greater investor n fund-manager attention to this TS n help to raise it to a more respectable px level.  Then also, div cld be raise a few nitches.  Good luck to all vested.  Goldfinger      ( Date: 17-Sep-2018 15:28) Posted: Yes, once R18 is completed and start being tenanted out - the rental will start rolling in. Up till now, its all been investment and building construction costs - ie outflow not inflow. The inflow and redevelopment profits will start coming in soon. ysh2006      ( Date: 17-Sep-2018 15:14) Posted: UOB still say TS still good ! asked them during analyst seminar on small stock pick! office space in Robinson road still a lot shortage not affected by cooling measure...
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Goldfinger Supreme	17-Sep-2018 15:28        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, once R18 is completed and start being tenanted out - the rental will start rolling in. Up till now, its all been investment and building construction costs - ie outflow not inflow. The inflow and redevelopment profits will start coming in soon. ysh2006      ( Date: 17-Sep-2018 15:14) Posted: UOB still say TS still good ! asked them during analyst seminar on small stock pick! office space in Robinson road still a lot shortage not affected by cooling measure.... Goldfinger      ( Date: 17-Sep-2018 13:37) Posted: Not sure if others are still interested or monitoring - but happy to say from my observations that I think the building facade is more or less done, and they are now planting trees on the mid-levels.  So, they had said it will be completed in Q3 2018, and it may be doable, based on external visuals.  The internals, I don' t know. Anyone knows how the sales at Mont Botanica Residences and Kandis are doing?
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