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04-11-2014, 04:53 PM
(04-11-2014, 07:06 AM)greengiraffe Wrote: http://www.businesstimes.com.sg/real-est...-purchases
Blackstone said to be in due diligence for bulk residential purchases
Paterson Suites and 21 Anderson bulk purchases expected to be effected through the sale of shares
By
Kalpana Rashiwalakalpana@sph.com.sg@KalpanaBT
BT_20141104_KRSALES4A_1349928.jpg Blackstone is said to be in talks to buy the balance 18 units in Paterson Suites (above) and the whole of 21 Anderson Royal Oak Residence. A bulk sale could be brewing at 111 Emerald Hill. PHOTO: THE STRAITS TIMES
4 Nov5:50 AM
Singapore
GLOBAL investment and advisory giant Blackstone is said to be keen on bulk purchases of high-end residential units in Singapore. It is understood to be doing due diligence for a potential acquisition of 18 four-bedroom apartments at Paterson Suites as well as an en bloc purchase
How come? Is market turning? Or is it cheap now?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.