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BLISS@KOVAN
Total Number of Units 140
1 Unit sold in August 2014 & another one in May 2014
Unsold units as of end of Aug 2014 should be 8 units
Percentage of sale: 94.2%
Lake Life @Yuan Ching
E-Application & Show Gallery will open in Oct 2014.
Lake Life Official Website
Nothing much yet in the website.
Unofficial website with more info on units & pricing.
Data might not be accurate though.
Unofficial Website
<vested>
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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profit margin for residential segment is much lower compared to retail segment...
(16-09-2014, 11:56 AM)ksir Wrote: BLISS@KOVAN
Total Number of Units 140
1 Unit sold in August 2014 & another one in May 2014
Unsold units as of end of Aug 2014 should be 8 units
Percentage of sale: 94.2%
Lake Life @Yuan Ching
E-Application & Show Gallery will open in Oct 2014.
Lake Life Official Website
Nothing much yet in the website.
Unofficial website with more info on units & pricing.
Data might not be accurate though.
Unofficial Website
<vested>
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(17-09-2014, 01:38 PM)GFG Wrote: (16-09-2014, 12:05 PM)Curiousparty Wrote: profit margin for residential segment is much lower compared to retail segment...
(16-09-2014, 11:56 AM)ksir Wrote: BLISS@KOVAN
Total Number of Units 140
1 Unit sold in August 2014 & another one in May 2014
Unsold units as of end of Aug 2014 should be 8 units
Percentage of sale: 94.2%
Lake Life @Yuan Ching
E-Application & Show Gallery will open in Oct 2014.
Lake Life Official Website
Nothing much yet in the website.
Unofficial website with more info on units & pricing.
Data might not be accurate though.
Unofficial Website
<vested>
Really? Do you have the figures?
Cant find any disclosures regarding this.
It'll be useful to know
I am puzzled, what is this residential segment vs retail segment gotta do with BBR?
Bliss@Kovan is private Residential.
Lake Life is EC (semi private Residential).
So? Do you mean EC margin is lower than Private Residential?
I bet that is so, but who cares?
"We don't care whether the color of the cat is black or white, as long as can catch mouse, it is a good cat".
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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05-10-2014, 10:46 AM
(This post was last modified: 05-10-2014, 10:46 AM by CY09.)
For those interested in BBR's latest EC JV, Lake Life EC.
Yesterday's article carried mention of it, with the managing partner of Eviva (one of the JV partners) mentioning breakeven cost is about $800 psf (unconfirmed rumours puts cost at $790 currently). It seems Lake life is pricing its units at in the region of $880 psf. So lets make simple assumptions of sales ($880 psf) and cost ($800psf).
GFA of area is 60500 sq metre or 544900 sq feet. Thus profit of EC is about $43.59M @ 100% sales. BBR has a 35% stake in this project, thus profit is $14.53M or 4.7 cents EPS
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(03-11-2014, 09:34 PM)idyllic_yawster Wrote: http://infopub.sgx.com/FileOpen/BBR_Redu...eID=321755
25% to 1% - smart move!
The max losses are already recognized. I don't see any financial impact by doing this.
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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