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5001-5020 of 6548
heng the insiders managed to sell before the announcement came out on friday. otherwise they also kenna burn.
Capitaland deepens exposure in Vietnam
CapitaLand signs new Vietnam JV. Capitaland is taking a stake in a JV to develop a 9000sm site in Vietnam, together with No Va Land Investment Group Corporation (NovaLand), a leading local real estate developer. CapitaLand will take a 70% stake in the project, while NovaLand will own the remaining 30% share. The residential development, which will house about 500 apartments, is located in Phuoc Long B Ward in Ho Chi Minh City’s District 9, about 10km from the city’s Central Business District. The site, sitting close to the future Ho Chi Minh-Long Thanh Highway and Hanoi Highway, is within an established populous area with amenities such as a supermarket, vocational school and planned sports and recreational facilities. The JV is pending relevant approvals from the Ho Chi Minh City People’s Committee and the Ministry of Planning and nvestment of Vietnam for the issuance of a foreign investment certificate. The estimated total development cost for the project is about US$40 million (S$54.5 million). This JV marks CapitaLand’s fifth project in Vietnam and will increase its housing pipeline to over 4,500 units. In the longer run, the group plans to grow its current total asset base of S$400 million in Vietnam to approximately S$2 billion over the next three to five years. Given the smaller size of the project vis-a-vis its asset base, our RNAV and TP, adjusted for this project, remains unchanged at $5.49 and $4.94 respectively.
Pardon me, I do not get u.
des_khor ( Date: 29-Oct-2010 11:41) Posted:
| Because they also become hair wire liao... |
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Because they also become hair wire liao...
Why BB keep shorting it? Any idea?
I keep on buying...
Still got people want to long this? Trading buy still acceptable. CPL sell and short...
TA and FA are not favourable to get in. China had already put brake on property issue. Price will hover for a while.
Juzztrade ( Date: 28-Oct-2010 21:49) Posted:
Better grab some otherwise the special offer will not lasts.
Vested heavily on this counter. |
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Better grab some otherwise the special offer will not lasts.
Vested heavily on this counter.
any view on this counter? seems good to load in some.
What about those stay in private ?? become worthless ??
joshlai86 ( Date: 28-Oct-2010 14:40) Posted:
| if im not wrong for hdb leases, hdb will buy back the flat from u at market valuation when the lease is up, but usually before that even happens, the hdb flats would have been torn down under SERS programme. |
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if im not wrong for hdb leases, hdb will buy back the flat from u at market valuation when the lease is up, but usually before that even happens, the hdb flats would have been torn down under SERS programme.
Up to now still bobody cam give an answer as the most they will say the lease can extend one .... just inmagine another 60 years (HDB build in 1960) we have so many become homeless....
niuyear ( Date: 28-Oct-2010 12:25) Posted:
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It s like :
I buy a condo unit on a FREE HOLD Land, but, am i paying for a condo unit at price of FREE HOLD price or 99 yrs / 103 price?
For those who are interested to know , perhaps, could visit
Property Buyer.com.sg
des_khor ( Date: 28-Oct-2010 12:17) Posted:
| Is it really become worthless once 99 years lease expired ?? |
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It s like :
I buy a condo unit on a FREE HOLD Land, but, am i paying for a condo unit at price of FREE HOLD price or 99 yrs / 103 price?
For those who are interested to know , perhaps, could visit
Property Buyer.com.sg
des_khor ( Date: 28-Oct-2010 12:17) Posted:
| Is it really become worthless once 99 years lease expired ?? |
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ya lor... like The Shore from Far East lease 103 years...
niuyear ( Date: 28-Oct-2010 12:10) Posted:
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This means that :
Developers HOLDING freehold land title deed, and those who purchased the condo units, holding a 99 years or 103 years!!!!
Fair or not?? How could this happen?
niuyear ( Date: 28-Oct-2010 12:06) Posted:
Re : Singapore land developers
See below extract - any comments??
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FH land becomes Leasehold 99 years land
In another scenario, the property developer opt to maintain the size of the unit, but converts the Free hold land to a 99 years leasehold land. The developer owns the Free Hold land title. This could lead to the gradual disappearance of the Free Hold land titles available to the public.
Overtime, if the law permits, developers could even sell properties on 70 years lease, 50 years and lesser.
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Is it really become worthless once 99 years lease expired ??
This means that :
Developers HOLDING freehold land title deed, and those who purchased the condo units, holding a 99 years or 103 years!!!!
Fair or not?? How could this happen?
niuyear ( Date: 28-Oct-2010 12:06) Posted:
Re : Singapore land developers
See below extract - any comments??
----------------------------------------------------------------------------------------------------------------------------
FH land becomes Leasehold 99 years land
In another scenario, the property developer opt to maintain the size of the unit, but converts the Free hold land to a 99 years leasehold land. The developer owns the Free Hold land title. This could lead to the gradual disappearance of the Free Hold land titles available to the public.
Overtime, if the law permits, developers could even sell properties on 70 years lease, 50 years and lesser.
|
|
Re : Singapore land developers
See below extract - any comments??
----------------------------------------------------------------------------------------------------------------------------
FH land becomes Leasehold 99 years land
In another scenario, the property developer opt to maintain the size of the unit, but converts the Free hold land to a 99 years leasehold land. The developer owns the Free Hold land title. This could lead to the gradual disappearance of the Free Hold land titles available to the public.
Overtime, if the law permits, developers could even sell properties on 70 years lease, 50 years and lesser.
pick the right site in vietnam and make $$$$.
phil1314 ( Date: 15-Oct-2010 13:32) Posted:
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Has Capitaland grown too big and need to move down market to mass markets and build affordable homes, a market segment that generate lower profit margins?
Bottom line can grow but in terms of percentage, profitability may lose out to more niche market developers
niuyear ( Date: 06-Oct-2010 10:25) Posted:
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CAPITALAND is looking to tap the burgeoning housing markets of China and Vietnam with a new business unit supplying affordable homes to the growing urban populations of both countries.
Group president and chief executive (CEO) of CapitaLand, Mr Liew Mun Leong, disclosed on Wednesday during the company's second quarter results briefing that between $300 million and $500 million was being allocated for the unit that is expected to build up to 50,000 affordable homes a year.
It will cater to a segment with 'real and non-speculative demand and lower market risks', Mr Liew said. The dedicated business group will have 'a different business culture and mindset'.
'Construction technology, pre-fabrication, industrial production and cost mangement, all these (will consist of) a separate group of people with a separate branding,' he added.
CapitaLand believes its strong track record of more than 15 years in both countries gives it the edge, and will allow it to broaden its appeal into affordable housing alongside its established mid- to high-end focus.
Mr Liew said that already some sites had been identified in Vietnam, with only the negotiation process left
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