Investing in dividend stocks is often pursued for the potential of steady income. However, the allure of dividends can be misleading if not carefully evaluated, especially when a company's dividend history shows a decline, as with Wing Tai Holdings. This article will compare two dividend stocks on the Singapore Exchange (SGX), highlighting why consistent dividend growth matters and pointing out where caution should be exercised.
Winchamp Investment, a subsidiary of Wing Tai Holdings, has been awarded the tender for a Government Land Sales (GLS) site at River Valley Green.The developer submitted the top bid of $464 million for the 100,009 sq ft site off River Valley Road when the tender closed on June 19. Wing Tai's winning bid translates to a land rate of $1,325 psf per plot ratio.According to a press released issued by Wing Tai, the site will be developed into a 'modern and luxurious residential development' comprising
River Valley Green (Parcel A) has a maximum gross floor area of 350,035 sq ft and could yield up to 380 units.Winchamp Investment, a subsidiary of Wing Tai Holdings, submitted the highest bid of $464 million for the 99-year leasehold government land sales (GLS) site at River Valley Green (Parcel A). Wing Tai’s bid for the 100,009 sq ft site translates to a land rate of $1,325 psf per plot ratio (ppr).The tender attracted one other bid from Hong Realty, a subsidiary of Hong Leong Group, which put