|Bid||1.77 x 0|
|Ask||1.78 x 0|
|Day's range||1.7700 - 1.8000|
|52-week range||1.6700 - 2.3400|
|Beta (3Y monthly)||0.53|
|PE ratio (TTM)||8.86|
|Earnings date||27 Aug 2018 - 31 Aug 2018|
|Forward dividend & yield||0.07 (4.00%)|
|1y target est||2.08|
GuocoLand Limited (“GuocoLand”) on Nov 25 announced the groundbreaking of Guoco Midtown, unveiling the name of the prime site that is set to rejuvenate the Beach Road district. It will provide a new epicentre for this side of Singapore’s Central Business District (CBD). Guoco Midtown is expected to be completed by the first half of 2022. Nestled within the [&hellip The post Guoco Midtown project all set to redefine Beach Road appeared first on iCompareLoan Resources.
SINGAPORE (Nov 26): GuocoLand Group has named its upcoming Beach Road development Guoco Midtown, and says it will be positioned to “provide a new epicenter for this side of Singapore’s central business district (CBD)”.
GuocoLand marked the groundbreaking of Guoco Midtown the Singapore-listed property developer’s new mixed-use development at Beach Road, on November 25. GuocoLand and Guoco Group jointly won the 99-year leasehold, two hectare site with a bid of $1.622 billion in September last year with a bid of $1.622 billion or $1,706 psf per plot ratio. The new development will be the “final critical piece of jigsaw that completes the transformation of the area”, says GuocoLand in a release.
GuocoLand has commenced construction of its mixed-use project in Shanghai, the property group said on Nov 6. The property, called Guoco Changfeng City, is located in the Changfeng Eco Business District in Putuo District. The development will comprise two 18-storey Grade A office towers, two low-rise office buildings and a retail centre, which includes entertainment and F&B options.
For Cheng Hsing Yao, group managing director of GuocoLand Singapore, what is more satisfying than the many accolades that Tanjong Pagar Centre has received is the fact that the integrated development has become both a physical and social landmark in Tanjong Pagar. Prior to the $3.2 billion Tanjong Pagar Centre, there was no Grade-A office space nor five-star hotel offering in the district. Tanjong Pagar Cente delivered a Grade-A skyscraper in the form of the 38-storey Guoco Tower and the luxury 223-room Sofitel Singapore City Centre.
GuocoLand Limited (“GuocoLand”) today announced that its indirect wholly-owned subsidiary, First Meyer Development Pte Ltd, has successfully tendered for the enbloc acquisition of Casa Meyfort Condominium, a rare freehold site. It has also exercised its option to purchase at a purchase consideration of S$319.88 million. Casa Meyfort at Meyer Road was first launched for collective sale in [&hellip The post Rare freehold site at Meyer Road acquired for $319.88 million amidst property curbs appeared first on iCompareLoan Resources.
GuocoLand Limited (SGX:F17), a real estate company based in Singapore, saw its share price hover around a small range of SGD2.04 to SGD2.22 over the last few weeks. But isRead More...
A stock that you can buy at a price below what it is worth is considered undervalued. This is the case for GuocoLand and Yangzijiang Shipbuilding (Holdings). There’s a fewRead More...
Investors are always looking for growth in small-cap stocks like GuocoLand Limited (SGX:F17), with a market cap of S$2.46B. However, an important fact which most ignore is: how financially healthyRead More...
Malaysian property developer Eco World International Bhd said on Friday it had acquired a 70 percent stake in a dozen British sites, agreeing to pay 64.9 million pounds ($87 million) for half of the assets first. Eco World said it would buy the stake in a unit of construction group Willmott Dixon which owns the 12 sites in Greater London and southeastern England, and would become joint development manager with its British partner. The acquisition will be done in two stages, and the purchase consideration for the remaining six sites was not finalised yet.