KL - Singapore high speed rail spans approximately 350km or more and possibly pass by between 10 to 20 stations. Surely developers with landbanks near the HSR stations will benefit, namely Forest City, Inskandar Puteri, Kulai , Muar, Melaka, Seremban and other major towns along the line.
The parcel of land is owned by Iskander Coast sdn bhd which is 80% owned by PDT { Johor State arm } and 20% by IWH {LKH} The land is earmark for mixed commercial & residential usage cater for first time buyer {M40 group} to be park under ECO Botanic 3. What's interesting the S&P comes with a conditional agreement that EWD pays 30 million fee { as nomination fee} to PDT plus a sum equivalent to 20 % profit under each phase to PDT. Looks like the biggest beneficiary is PDT { Johor State arm} whereas EWD as the turn key project needs to do all the leg work. Good or bad Mr Market will decide
Penny property stock leads the sectors last year like UEMS set to end... The big cap property stocks set to take over the game... Sunway, ecoworld, spsetia, Simep..... Ioip...
Got Trapped inside Eframe-Wa? So come here and promote Eframe-Wa? Eframe is damn downtrend stock, Eco World is uptrend stock. If you want a miserable life, then go and hold Eframe. If you want an easier life, then buy Eco World.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TillyLovers
536 posts
Posted by TillyLovers > 2023-11-10 14:09 | Report Abuse
oh no, I bought at RM1.02 and the price drops again