Heeton Holdings

added more this morning at 52 ^^

VERY GOOD NEWS.

SKY GREEN WHICH WAS LAUNCHED YESTERDAY IS NOW 75% SOLD. NOT PHASE 1, BUT 75% OF THE WHOLE DEVELOPMENT. Congrats to all heeton shareholders! Average selling price is 1500psf!

Palacio is 55% sold.

(19-10-2012, 03:07 PM)propertyinvestor Wrote: VERY GOOD NEWS.

SKY GREEN WHICH WAS LAUNCHED YESTERDAY IS NOW 75% SOLD. NOT PHASE 1, BUT 75% OF THE WHOLE DEVELOPMENT. Congrats to all heeton shareholders! Average selling price is 1500psf!

Palacio is 55% sold.

Good location! Sits on freehold land, nearby all commercial/industrial -Breadtalk, S Sushi, Oxley Hub, Citimac, near Tai Seng circle line. The other nearby freehold condo is Le Cresendo.

(19-10-2012, 03:21 PM)etan Wrote:

(19-10-2012, 03:07 PM)propertyinvestor Wrote: VERY GOOD NEWS.

SKY GREEN WHICH WAS LAUNCHED YESTERDAY IS NOW 75% SOLD. NOT PHASE 1, BUT 75% OF THE WHOLE DEVELOPMENT. Congrats to all heeton shareholders! Average selling price is 1500psf!

Palacio is 55% sold.

Good location! Sits on freehold land, nearby all commercial/industrial -Breadtalk, S Sushi, Oxley Hub, Citimac, near Tai Seng circle line. The other nearby freehold condo is Le Cresendo.

Hong Leong Garden Shopping Center redevelopment will be the next launch. Commercial strata units will be priced from 6000psf onwards.

RNAV of Heeton will likely jump to $1.75

Property market is really crazy.

(19-10-2012, 03:31 PM)propertyinvestor Wrote:

(19-10-2012, 03:21 PM)etan Wrote:

(19-10-2012, 03:07 PM)propertyinvestor Wrote: VERY GOOD NEWS.

SKY GREEN WHICH WAS LAUNCHED YESTERDAY IS NOW 75% SOLD. NOT PHASE 1, BUT 75% OF THE WHOLE DEVELOPMENT. Congrats to all heeton shareholders! Average selling price is 1500psf!

Palacio is 55% sold.

Good location! Sits on freehold land, nearby all commercial/industrial -Breadtalk, S Sushi, Oxley Hub, Citimac, near Tai Seng circle line. The other nearby freehold condo is Le Cresendo.

Hong Leong Garden Shopping Center redevelopment will be the next launch. Commercial strata units will be priced from 6000psf onwards.

RNAV of Heeton will likely jump to $1.75

Property market is really crazy.

developer nowadays make alot of money selling commercial strata units man...just like Aspial's World Class Land which sold East Village at 5000+ psf (Exclude GST) for their MM commercial units earlier this yr lol ....

(19-10-2012, 03:31 PM)propertyinvestor Wrote:

(19-10-2012, 03:21 PM)etan Wrote:

(19-10-2012, 03:07 PM)propertyinvestor Wrote: VERY GOOD NEWS.

SKY GREEN WHICH WAS LAUNCHED YESTERDAY IS NOW 75% SOLD. NOT PHASE 1, BUT 75% OF THE WHOLE DEVELOPMENT. Congrats to all heeton shareholders! Average selling price is 1500psf!

Palacio is 55% sold.

Good location! Sits on freehold land, nearby all commercial/industrial -Breadtalk, S Sushi, Oxley Hub, Citimac, near Tai Seng circle line. The other nearby freehold condo is Le Cresendo.

Hong Leong Garden Shopping Center redevelopment will be the next launch. Commercial strata units will be priced from 6000psf onwards.

RNAV of Heeton will likely jump to $1.75

Property market is really crazy.

Yes, it is so crazy nowadays, breaking newer highs now and then!
Just dun know what to say!
The buyers seem to Q no end!
Anyway, just enjoy the show until the curtain is down! Hahaha!
Property counters huat big!

(19-10-2012, 03:41 PM)etan Wrote:

(19-10-2012, 03:31 PM)propertyinvestor Wrote:

(19-10-2012, 03:21 PM)etan Wrote:

(19-10-2012, 03:07 PM)propertyinvestor Wrote: VERY GOOD NEWS.

SKY GREEN WHICH WAS LAUNCHED YESTERDAY IS NOW 75% SOLD. NOT PHASE 1, BUT 75% OF THE WHOLE DEVELOPMENT. Congrats to all heeton shareholders! Average selling price is 1500psf!

Palacio is 55% sold.

Good location! Sits on freehold land, nearby all commercial/industrial -Breadtalk, S Sushi, Oxley Hub, Citimac, near Tai Seng circle line. The other nearby freehold condo is Le Cresendo.

Hong Leong Garden Shopping Center redevelopment will be the next launch. Commercial strata units will be priced from 6000psf onwards.

RNAV of Heeton will likely jump to $1.75

Property market is really crazy.

Yes, it is so crazy nowadays, breaking newer highs now and then!
Just dun know what to say!
The buyers seem to Q no end!
Anyway, just enjoy the show until the curtain is down! Hahaha!
Property counters huat big!

The BIG payday will be the day when Heeton crosses the $1 mark after they launch the new Tanjong Pagar suites after Amara officially opens AM100.

I also like Heeton. My take is RNAV above $2 based on profits from all its projects and redevelopment of El Centro. Hope El Centro will be launched soon since existing tenants are already told their leases will not be renewed by Q1 2013.

Depending on assumptions of GFA n ASP, and book value of existing building, gross profit from redeveloping El Centro site can range from $60 to $100 million!

Much buying today although someone trying to sell it down. [/b]

Share price at 54.5c looks really cheap when compared vs Book Value and vs the RNAV. Looks like an interesting find..........

(19-10-2012, 05:18 PM)revelationofpyramids Wrote: I also like Heeton. My take is RNAV above $2 based on profits from all its projects and redevelopment of El Centro. Hope El Centro will be launched soon since existing tenants are already told their leases will not be renewed by Q1 2013.

Depending on assumptions of GFA n ASP, and book value of existing building, gross profit from redeveloping El Centro site can range from $60 to $100 million!

Much buying today although someone trying to sell it down. [/b]

Sellers today from DMG. ^^

See my earlier post on the launch of El Centro. Launch price is guaranteed to be a minimum of 3200psf for a freehold project beside Keppel Towers and a stone throw from AM100.