Keppel Land whole year sales drop to around four percent up to 5, 480 properties because of the cooling implementation in China and the launching of numerous developments in Vietnam, published by Singapore Business Review.
The Development Bank of Singapore Equity Research revealed Keppel Corporation expanded and sold as far as in Indonesia with 270 dwellings, 1, 110 in the areas of Vietnam, 3, 80 along Singapore and 3, 725 residential units in China.
In spite of its plunge in home sales, the revenue hikes up to 10 percent each year up to $685 million for 2017. The company is predicted to unfold 16, 780 units until 2020, which means 5,593 units per year out of the total pipeline which is 63,000-unit.
In addition, the BS Equity Research explained that around 70 percent of the landbank of Keppel Land reserved for residential developments were acquired at low prices last 7 years ago thus the total net asset is expected to have some changes after the housing developments full completion.
Highline Residences, a development by Keppel Land in Singapore has seen robust sale with 20+ units sold just in the month of January 2018. Robust sale might come as more buyers want new home for own stay. Highline Residences set to top 1st quarter of 2018.
A development worth to invest in this competitive world is the Margaret Ville. It is an upmarket condo which is developed by the famous and credible MCL Land Pte Ltd. This development stood right at District 03, Margaret Drive, Singapore. It Comprises of a homogeneous unit mix of 1 to 4 bedrooms, this property is perfect for ambitious entrepreneurs, investors, newly married and family. 2021 is the expected TOP.
Margaret Ville the condo where state -of -the -art facilities can be found such as the astonishing swimming pool, clubhouse, amusement hubs, fitness gym, safe children’s playground and a lot more, name it, you have it!
This newly launched condominium encircled vast arrays of services such as shopping centers, food courts, educational institution, medical centers and relaxing parks. Some of these shopping malls are Alexandra Village, Queensway Shopping Centre, Dawson Shopping Centre, IKEA Alexandra and Anchorpoint Shopping Centre.
This newly launched condominium encircled vast arrays of services such as shopping centers, food courts, educational institution, medical centers and relaxing parks. Some of these shopping malls are Alexandra Village, Queensway Shopping Centre, Dawson Shopping Centre, IKEA Alexandra and Anchorpoint Shopping Centre. Supermarkets that answers all the needs of an individual and family, like the Giant and Cold Storage, Sheng Siong Hypermart and NTUC Fairprice.
Margaret Ville, a great place for foodies! Here you can find world-class cuisines that will surely make satisfy an empty stomach and one’s cravings such as the Alexandra Village Food Centre, ABC Brickwork Food Center, Tanglin Halt Food Centre and the Holland Food Centre.
Only prominent and international schools are found in Margaret Ville, namely the New Town Primary School, Queenstown Secondary School, Bukit Merah Secondary.Gan Eng Seng Primary school, Anglo Chinese School, Crescent Girl’s School, ISS International School. Global Indian International school and Tanglin Trust School.
Margeret Ville is a total package to all residents, it covers all life’s aspect and for this, they offer their huge hub for recreations and unwinding spots such as the Queenstown Stadium, Temasek Club, and Tanglin Golf Course Country Club.