Latest Forum Topics / Lee Kim Tah | Post Reply |
Broad-based recovery
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Fairygal
Veteran |
31-Jan-2007 13:53
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S'poregal, Hi! Will need your help to analyse this counter. Thank you. |
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Fairygal
Veteran |
17-Jan-2007 21:30
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The Lee family members have been buying up their own shares. Somehow, at closing time today at $0.595, weakness is detected. Anyone knows when their results will be out? |
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Nostradamus
Supreme |
03-Oct-2006 00:46
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The Centris, a JV between Lee Kim Tah, Guthrie and a German party, sold all of the 107 units released at a preview within 24 hours last Friday, and despite rasing price for another 100, half of which were also quickly snapped up. The Centris is part of an integrated development comprising 610 residential units, a shopping mall connecting with Jurong Point and a bus interchange. Gross area is estimated at 1,262,900 sq ft. Total development costs, including land, are estimated at $770m. There's easy access to Boon Lay MRT station. The Centris is coming up on a 33,523.8 sq. m site that the 3 parties put up the highest bid of $415m in Jun '05. The 50% interest of Lee Kim Tah and Guthrie is through Prime oint Realty, whle TMW PCCW GmbH of Germany owns the remaining 50%. The good response to the Centris is significant in that it suggests the strong recovery of the high-end residential property market has at last started to filter into the mid-range / mass housing segment. This stock could start to move. |
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