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3,516 comment(s). Last comment by azman123 at Sep 19, 2017 11:53 PM
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equitydiary
55 posts

Posted by equitydiary > Sep 12, 2017 04:42 PM | Report Abuse

Edge will upload on their website next Mon


equitydiary
55 posts

Posted by equitydiary > Sep 12, 2017 04:47 PM | Report Abuse

It's alright, I'll take a snapshot and share the link here


equitydiary
55 posts

Posted by equitydiary > Sep 12, 2017 11:00 PM | Report Abuse

http://equitydiary.blogspot.my/p/jakel-land-article.html


kancs3118
1699 posts

Posted by kancs3118 > Sep 13, 2017 07:19 AM | Report Abuse

@ equity diary, thanks alot . By the way, do you have the article in Focus Malaysia for Symphony Life ?


equitydiary
55 posts

Posted by equitydiary > Sep 13, 2017 08:17 AM | Report Abuse

@kancs, I don't...


equitydiary
55 posts

Posted by equitydiary > Sep 15, 2017 11:26 AM | Report Abuse

@kancs, perhaps you can sign up to read: http://fmtrial.focusmarketing.my/


azman123
4 posts

Posted by azman123 > Sep 18, 2017 10:17 PM | Report Abuse

update from focusm 2 weeks ago
1. star res tower 1&2 (32% complete level 16/17)
2. twy 25% complete foundation level 1
3. ascott star residence
4. acquisition of 9ha sg long land by gov, price revised from rm15/sq feet to rm18/sq feet (gain 3M)
5. samling group (desapark city dev) have lands (242ha) adjacent to symlife's (161ha) --> interested for joint development


azman123
4 posts

Posted by azman123 > Sep 18, 2017 10:21 PM | Report Abuse

next quarter should show superb results
1. contributions from star res
2. revision of land acquisition price
3. amanjaya completed gdv 70M (land bought in 1995) --> potential >7M profit


kancs3118
1699 posts

Posted by kancs3118 > Sep 19, 2017 06:38 AM | Report Abuse

Yahoo...tomorrow is dividend payment day


equitydiary
55 posts

Posted by equitydiary > Sep 19, 2017 11:13 AM | Report Abuse

Ascott Star launch today at Star Residences show gallery, from 10.30am to 12.30pm


kancs3118
1699 posts

Posted by kancs3118 > Sep 19, 2017 04:47 PM | Report Abuse

@ equity diary.....how much is the price per square feet ? If not mistaken, it is like more than RM2700 per square feet...


Alvinkua
64 posts

Posted by Alvinkua > Sep 19, 2017 05:53 PM | Report Abuse

https://www.nst.com.my/property/2017/08/268923/alphine-gears-third-tower-project


Si Min Tan
225 posts

Posted by Si Min Tan > Sep 19, 2017 06:00 PM | Report Abuse

Tower 1 is completely sold out and the take-up rate for Tower 2 stands at 90%, said Koh. “About 40% of the buyers in Tower 1 are from overseas, while the balance are local buyers. For Tower 2, the breakdown is around 50:50.”


Si Min Tan
225 posts

Posted by Si Min Tan > Sep 19, 2017 06:03 PM | Report Abuse

so it means 353 units managed by Ascott is not sold?

"The signing ceremony marks an agreement entered by both parties to enable Ascott to manage 353 units in the tower with a 10-year contract, with the option for a further 10-year extension.The remaining 118 residences units, which are not managed by Ascott, shall be owned by property owners who can choose to stay "


azman123
4 posts

Posted by azman123 > Sep 19, 2017 11:47 PM | Report Abuse

I think what they meant is they sell all units, but expect 2/3 to take up their leaseback option, where their units will be managed by ascott with 6-7% rental yield. Google what leaseback means. The advantage is it guarantees rental yield for 10 + 10 years, so expect take up rate to be good. 6-7% yield is high for overseas buyers from countries like Japan


azman123
4 posts

Posted by azman123 > Sep 19, 2017 11:53 PM | Report Abuse

I can imagine tower 3 to be snapped up like hot cakes, kahkahkah.. but not sure buyers deal with ascott directly or it's through symlife

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