*Official* MasterLeong Thread - Part 2

[Weaboo]

Hope got people can post review of agm for fct... custodian no rights

 

[starfish.starfish]

Ask about the Jurong Point bid.....

Also can help ask about the progress of northpoint?
My sis mentioned that more shops are closed due to reno now, what's the forecast impact?

 

[xSieghartx]

Ask about the Jurong Point bid.....

Oh ya totally forgot about that haha.

 

[vernonpark13]

yup

that's why i go for my 5 tiger generals

out of the 6 segments, i pick the top 2 retail and commercial
out of retail and commercial, i pick the top few reits of highest quality

cheers

I am holding CMT, SPHREIT, CCT, Keppel DC REIT, Frasers HT, OUE HT, Parkway Life REIT.
All counters are green except FHT n OUEHT which I applied thru IPO n rights issue. I buy but seldom sell. Stupid lah, did not take profit at the right time.

 

[starfish.starfish]

up 0.4% only

Hahah it was 5.14 during the comments mah, now dropped down to 5.08. This stock really cannot comment de, just let it silently climb. Lol

 

[MasterLeong]

So far though, have to go all the way to alexander, don't really have any highlights anyway. Shareholders will probably ask the same question, ask about any plans for the dying Bedok point haha.

my house got direct bus there, 30 mins so I will go take a look

just wanna have a feel of the management team

capitalland CMT CCT the management i very familiar liao they very solid

fraser one i still new... first agm so really wanna check them out, how they answer the questions show a lot about whether they helping shareholders or themselves

lastly... hope to get voucher $20 hahahahahaha

 

[MasterLeong]

Hope got people can post review of agm for fct... custodian no rights

maybe I will write a bit to sum up FCT agm, no worries

or point out any key highlights

 

[MasterLeong]

I am holding CMT, SPHREIT, CCT, Keppel DC REIT, Frasers HT, OUE HT, Parkway Life REIT.
All counters are green except FHT n OUEHT which I applied thru IPO n rights issue. I buy but seldom sell. Stupid lah, did not take profit at the right time.

like that glance

2 retail reit
1 office reit
1 dc reit
2 hospitality reit
1 health care reit

looks pretty balance, but maybe a bit too heavy on hospitality

as usually retail/office/industrial are the core 3 segments
hospitality,healthcare etc are considered secondary segment


also to point out, hospitality assets tend to be very cyclical... as during economy downturn less ppl use hotels so dpu drops... this area you can strongly consider cut down to just 1 from 2

cheers

 

[goh6570]

They even got Malaysian assets.....which I dun really fancy

yes in KL, bukit bintang area.. i think is sephora tenant
if my memory does not fail me

 

[Weaboo]

i actually stayed insai starhill gallery, once at ritz carlton & the other at jw marriott

the tenants r all the high end atas atas brands 1

 

[thegodfather]

Hope got people can post review of agm for fct... custodian no rights

custodian no rights? you meant to attend AGM right?

but if there are rights issue. i think as shareholders be it CDP or held by custodian should be able to subscribe for rights right???

 

[MasterLeong]

OBSERVERS CONCERNED ABOUT STRAIN ON AMENITIES

Home hunters could soon get a shot at new Housing Board flats with coveted sea views along Singapore's East Coast.

The Government is looking into creating a new Bayshore district, which includes 6,000 HDB flats - a huge change for the overwhelmingly private estate area located on reclaimed land. Another 6,500 units will be set aside as private homes.

If they materialise, these Bayshore flats would be the first HDB homes built along the East Coast since the old-generation Marine Parade flats constructed in the 1970s, some of which have fetched more than $900,000 on the resale market in recent months.

The potential development is detailed in tender documents put up by the Urban Redevelopment Authority (URA) and which were reported by Lianhe Zaobao yesterday, calling for consultancy firms to develop a master plan for the plot.

The Bayshore district spanning 60 ha is surrounded by Bayshore Road, the East Coast Parkway, Bedok Camp and Upper East Coast Road.


With parts of it currently occupied by a forest, it is about two-thirds the size of Bidadari.

The plot is located between two MRT stations on the upcoming Thomson-East Coast Line (TEL) - Bayshore and Bedok South - and is expected to have facilities and services such as schools, shops and an integrated transport hub.

The tender will be conducted in two phases and the appointed firm will submit its final proposal in December this year, URA said in the documents.

But a URA spokesman told The Straits Times that parts of the area will be used for the construction of the TEL for several years, and that "implementation will not be in the near future". The two stations are expected to open by 2024.

Rather, the invitation to private sector consultants is meant to generate "new ideas for (Bayshore) to be developed into a future public and private housing precinct that supports car-lite living, with a strong sense of community and environmental sustainability", the URA spokesman added.

"The number of public and private housing units has been projected as 6,000 public units and 6,500 private units, and is still under study."

Some observers,such as consultancy International Property Advisor's chief executive Ku Swee Yong, are concerned that the increase in population in the area would put a strain on its transport networks and amenities.

The total of 12,500 residential units translates to 42,375 people, going by Singapore's average household size of 3.39 persons.

"A more acceptable number would be about 1,000 units to keep the idyllic atmosphere of the area, and not pose a problem for the already burdened Changi Hospital in Simei," Mr Ku said.

National University of Singapore urban planning expert Steven Choo welcomed the development, as a new HDB town with its "thoughtful design and technological advances" could increase the property value of landed property in Upper East Coast Road.

But he was surprised to hear about the development, given that the Government announced last October that it was looking into ways to mitigate the "lottery effect" of public housing in prime locations.

For instance, some owners of Pinnacle@Duxton flats in Cantonment Road made nearly up to $500,000 when they sold their assets after the five-year minimum occupation period ended in 2014.

But for student and Upper East Coast resident Bryan Lee, 19, the HDB flats would make the hope of living near his parents in the future more achievable.

He said: "This is a good location, very peaceful and near the park. But, more importantly, I hope to get this place if I get married, so that I can be near my parents and take care of them."

 

[MasterLeong]

i actually stayed insai starhill gallery, once at ritz carlton & the other at jw marriott

the tenants r all the high end atas atas brands 1

u sure atas sia......... so young stay this type liao

 

[starfish.starfish]

u sure atas sia......... so young stay this type liao

DBS treasures dun pray pray ah.

 

[MasterLeong]

gf birthday coming in 3 weeks

I think of bringing her go vivo city swensen eat and have birthday cake there? how u guys think of the idea?

$100 enough hor......

 

[akwl88]

gf birthday coming in 3 weeks

I think of bringing her go vivo city swensen eat and have birthday cake there? how u guys think of the idea?

$100 enough hor......

1) vivo lotsa food choices no worries

2) can walk walk after dinner to sentosa

3) 8pm got the electronic swans light show

 

[SeVenn]

gf birthday coming in 3 weeks

I think of bringing her go vivo city swensen eat and have birthday cake there? how u guys think of the idea?

$100 enough hor......

First time? Somewhere more special la... Swenson like for students le

 

[MasterLeong]

First time? Somewhere more special la... Swenson like for students le

any suggestion u have?

$100-150 max budget for the dinner + cake

 

[MasterLeong]

1) vivo lotsa food choices no worries

2) can walk walk after dinner to sentosa

3) 8pm got the electronic swans light show

ohhhhhh didnt know about this

the swan light show at where?


guess I will lock in vivo city then hehehehe

troublesome part is booking a place and bring the cake in advance, unless the restaurant got sell cake also gg

 

[bencheongcm]

gf birthday coming in 3 weeks

I think of bringing her go vivo city swensen eat and have birthday cake there? how u guys think of the idea?

$100 enough hor......

Eat at Golden Mile cheaper and better choices