| Latest Forum Topics / SingHoldings Last:0.5 -- |
 Post Reply
|
|
Sing Holdings - Grossly undervalued
|
|||||
|
stockinvestor
Master |
25-Apr-2022 16:55
|
||||
|
x 0
x 0 Alert Admin |
398,100 shares transacted at $0.385 and 20,700 shares transacted at $0.39 Buyer at $0.385 topped back up to queue 100,000 shares to buy there. |
||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
25-Apr-2022 16:37
|
||||
|
x 0
x 0 Alert Admin |
373,100 shares transacted at $0.385 and 20,600 shares transacted at $0.39 Buyer at $0.385 topped back up to queue 115,000 shares to buy there. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
stockinvestor
Master |
25-Apr-2022 13:20
|
||||
|
x 0
x 0 Alert Admin |
buyer came in at $0.385. 173,000 shares transacted there and buyer has a further 200,000 on queue to buy there. | ||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
25-Apr-2022 08:26
|
||||
|
x 0
x 0 Alert Admin |
The initial buyers went for the most expensive units. If Sing Holdings does not raise the price of the remaining units, according to the price list, the units left have an average psf of 1254psf for normal progressive payment scheme or 1292psf for deferred payment scheme. | ||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
25-Apr-2022 06:34
|
||||
|
x 0
x 0 Alert Admin |
https://links.sgx.com/FileOpen/Update%20on%20Sales%20of%20North%20Gaia.ashx?App=Announcement& FileID=713566 The average psf is $1,301.93psf because 62% of buyers opted for the deferred payment scheme. UPDATE ON SALES OF NORTH GAIA The board of directors (the &ldquo Board&rdquo ) of Sing Holdings Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) would like to announce that the Group has commenced sales of its executive condominium project, North Gaia on Saturday, 23 April 2022. As of Sunday, 24 April 2022, 164 or 26.6% of its total 616 units were issued options to purchase during the weekend. These units comprise 84.1% of three-bedroom units (inclusive of those with yard and/or study), 10.4% of four-bedroom units and 5.5% of five-bedroom units. With 62% of the sold units opted for deferred payment scheme, the average sales price for the weekend works out to be $1,301.93 per square foot with total sales value at $232,528,000. North Gaia is a 99-year leasehold executive condominium project located at Yishun Close, opposite the Khatib Bongsu Nature Park. The development will comprise eleven blocks of 14- storey towers, with unit sizes ranging from 958 square feet (sq ft) to 1076 sq ft for a three-bedroom unit, 1313 sq ft to 1389 sq ft for a four-bedroom unit and 1593 sq ft for a five-bedroom unit. The development is in close proximity to many schools and amenities, and enjoys nature on its doorstep. Construction has commenced in the third quarter of 2021. As an executive condominium development, revenue from sales of units will be recognised upon completion of the sales contracts. BY ORDER OF THE BOARD Lee Sze Hao Chief Executive Officer Singapore, 24 April 2022
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
JaydenLee
Member |
24-Apr-2022 11:44
|
||||
|
x 0
x 0 Alert Admin |
https://www.edgeprop.sg/property-news/north-gaia-ec-achieves-265-sales-average-1279-psf | ||||
| Useful To Me Not Useful To Me | |||||
|
JaydenLee
Member |
23-Apr-2022 10:03
|
||||
|
x 0
x 0 Alert Admin |
should cross 45cts in 2 weeks' time. This should coincide with some good news such as full T.O.P. of Parc Botannia and also new sales figures of North Gaia should be good. If the management are smart enough to announce special divds of at least 2cts in mid May, the stocks should fly to 60cts easily by end of May. Personal opinion only. Caveat Emptor! 
|
||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
21-Apr-2022 16:55
|
||||
|
x 0
x 0 Alert Admin |
A seller sold 100,000 shares to $0.39. Total transacted so far 173,800 shares. 100,000 at $0.39 and 73,800 at $0.395. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
stockinvestor
Master |
21-Apr-2022 09:19
|
||||
|
x 0
x 0 Alert Admin |
60,000 shares transacted, all at $0.395 after 12 minutes so far today. | ||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
20-Apr-2022 21:28
|
||||
|
x 0
x 0 Alert Admin |
0.36x P/RNAV or less.
|
||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
20-Apr-2022 15:41
|
||||
|
x 0
x 0 Alert Admin |
Total 170,900 shares transacted so far today with more significant buyers at $0.395. 60,100 at $0.39 110,800 at $0.395 |
||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
20-Apr-2022 14:23
|
||||
|
x 0
x 0 Alert Admin |
60,100 shares transacted at $0.39 and 107,900 shares transacted at $0.395 so far today. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
stockinvestor
Master |
20-Apr-2022 11:32
|
||||
|
x 0
x 0 Alert Admin |
North Gaia average price for Normal Payment Scheme is 1261psf and for Deferred Payment Scheme is 1299psf (assuming everyone chooses deferred payment). Psf ranges from 1177psf to 1340psf (ie average of 1258.5psf) for #01 to #13 and some #14 high ceiling units. There are only 18 high ceiling #14 units at > 1340psf. | ||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
19-Apr-2022 10:24
|
||||
|
x 0
x 0 Alert Admin |
71,000 shares on the buy queue at $0.39 but no one has sold to it so far. | ||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
19-Apr-2022 00:42
|
||||
|
x 0
x 0 Alert Admin |
only 8 EC units left to go in whole of Singapore at Parc Greenwich. All other EC projects are sold out.
|
||||
| Useful To Me Not Useful To Me | |||||
|
TAN888
Member |
18-Apr-2022 20:21
|
||||
|
x 0
x 0 Alert Admin |
Should be testing the limit of 40 cents these few days
|
||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
18-Apr-2022 13:25
|
||||
|
x 0
x 0 Alert Admin |
big seller didn' t queue so far today at all. | ||||
| Useful To Me Not Useful To Me | |||||
|
stockinvestor
Master |
16-Apr-2022 21:46
|
||||
|
x 0
x 0 Alert Admin |
I think the 1250 to 1280 is stated by Sing Holdings. There will be some units at just under 1200psf and there will certainly be units at > 1300psf much like Parc Greenwich. It is still possible to sell Tengah at < 1300psf but of course they would try to sell it at > 1300psf with Tampines and Bukit Batok. Perhaps the deferred payment option (traditionally 3% more than normal payment scheme) will be the one to nudge the average above the 1250 to 1280psf if more buyers choose that option.
|
||||
| Useful To Me Not Useful To Me | |||||
|
TAN888
Member |
16-Apr-2022 21:28
|
||||
|
x 0
x 0 Alert Admin |
Agree. I am not sure if 1250-1280psf was a range stated by Sing Holdings themselves.
I would like to hazard a guess that it might launch near or above 1300psf (for good number of their units)- given that recent Parc Greenwich units have transacted above 1300 psf. And Provence has transacted near 1300 psf. Provence is in a developing estate although near MRT, while North Gaia is in a mature estate with further distance away from MRT. North Gaia, Tengah and new Tampines EC belong to the new price range. Sing Holdings may take a risk to price abit higher than the range of 1250-1280psf published in the media , and sell in the balance units with the Tengah EC and finally the last phase with the Tampines EC.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavesurfer
Member |
15-Apr-2022 23:55
|
||||
|
x 0
x 0 Alert Admin |
The price will not be low.
|
||||
| Useful To Me Not Useful To Me | |||||