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PR Newswire
04-08-2015, 09:18 PM
http://infopub.sgx.com/FileOpen/Final%20...eID=363381
Mr Pua Seck Guan, Chief Executive Officer of the Group, said, “We are excited about a number of recent positive developments in the Group’s core business markets. In China, the designation of Tongzhou District as Beijing’s municipal subsidiary administrative centre by the Chinese government bodes well for Beijing Tongzhou Integrated Development in view of the intensification of public infrastructure, transportation and housing developments in the district. In Singapore, TripleOne Somerset and AXA Tower have received planning approval for the proposed enhancement works. The Group intends to finalise the plans to execute the strata-sale of the office spaces at these two prime developments to maximise value for Shareholders.”
After the highly disappointing leasing experience for a near sold out office development @ PL Sq, would anyone dare to have a second go in strata title commercial assets?
Mr Pua Seck Guan, Chief Executive Officer of the Group, said, “We are excited about a number of recent positive developments in the Group’s core business markets. In China, the designation of Tongzhou District as Beijing’s municipal subsidiary administrative centre by the Chinese government bodes well for Beijing Tongzhou Integrated Development in view of the intensification of public infrastructure, transportation and housing developments in the district. In Singapore, TripleOne Somerset and AXA Tower have received planning approval for the proposed enhancement works. The Group intends to finalise the plans to execute the strata-sale of the office spaces at these two prime developments to maximise value for Shareholders.”
After the highly disappointing leasing experience for a near sold out office development @ PL Sq, would anyone dare to have a second go in strata title commercial assets?