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Warhol Residences

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Posted By vanSMG

http://www.nextinsight.net/index.php/sto...y-counters

SUMER: My latest take on 5 property counters

Pollux – I saw an ad in the Straits Times on Saturday for its Mayfair project, indicating that there are only 3 units remaining unsold. This seems to be a big improvement from 11 that were unsold at end-April.

The company’s 3 East Coast projects (the others are Berkeley and Garden Park) have managed to sell steadily this year, and this is positive.

The problem with this counter has always been liquidity, so hopefully the full year results due this month will lead to a bit more volume traded.

I am hoping that profits from its various projects will start to kick in more meaningfully this financial year, especially with the gradual recognition of possibly $30m gross profit from Pavillion Square (shops and residential) alone.

This compares with its current market cap of only $44m.

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Pavilion Square: Nice address -- 345, Geylang Road -- and nice $30m gross profit to come.

http://translate.google.com.sg/translate...6bih%3D551

REI Java Luxury Home Markets Remain Optimistic Prospective

Ana Noviani - May 16, 2014, 0:03 pm

Bisnis.com, Semarang - Central Java REI optimistic rise apartment development will not erode the upper middle segment of home sales in Semarang.

Vice Chairman of the Council of Real Estate Indonesia Central Java field Promotion, Publications and Public Relations, Dibya K. Hidayat said land allocated for housing in the city of Semarang is getting narrower. Therefore, vertical housing, both apartments and flats started many developers worked on.

"Stock soils by Spatial intended for fewer properties. Increase in prices in the business center has also been immeasurable," he said, Thursday (05/15/2014).

Nevertheless, the interest of developers to build residential properties, hotels, and apartments are still quite high.

A number of development projects being worked Condotel and apartments in the city of Semarang. The project al Candiland Hotel and Apartment, W / R Residence, The Pinnacle, Marquis de Lafayette, and MG Suites Maven Super Block. The majority of the project is targeted for completion in 2015 and 2016. Prices offered range of 300 million to 800 million / unit.

"The apartments will be very competitive with a landed house., But we sure would not erode the upper-middle market, but simply divides the consumers, because the actual market is different," he said.

Apartments in Semarang, he added, is not a necessity, the article of the availability of upper-middle tread is still quite a lot.

"Now is not the lifestyle needs. Might tend to invest than the captive market is to buy an apartment to live in," he said.

The Pinnacle ~ 24/7!

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Mayfair Residences ~ Last 3 Units!

Designers' Furniture On Us!

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A Glitch Or Wish Come True!

Fortune Favors The Brave!

http://pollux.co.id/amarvana/#&panel1-2

http://pollux.co.id/pollux-5ae-si/

While it may be appear like a gamble, I have silently acquired more than 1 million shares in Pollux Properties.

Why did I say this a gamble? The property market isn't going to be as promising as before. Possibly, it may go further down. I can't predict it - tough. However, in the long run, I believe property market will stabilise and good profits can be made.

I looked at the profile of the company, and I hardly can term it as value investing on my own standards. But what comforted me was the appointments of two high profile starred-generals into the Board of Directors. Why would generals join a small developer company? There must be compelling reasons! If I was anyone of them, I would rather join a big company! Generals are almost minister-calibre. Tan Chuan Jin was a BG and Lui Tuck Yew was a Rear-Admiral.

Mr Nico Purnomo Po is capable CEO as well. I'd like to believe, if the financials are bad, good management are able to turn it around and thereby, making superior returns on it. It's akin polishing a rock into a gem. Mr Po took over and enlarged the share capital of Shining Corp by buying shares $0.13. I don't think he is a foolish chap by turning his $0.13 per share investment into just merely $0.08-$0.09 per share.

Koh Teng Kiat, previously the Indepedent Director, also left the company. Thus, it is keeping the integrity of the company in tact. You have names like Yeong Yoon Ying (Private Secretary to Lee Kuan Yew), Tan Siok Hwee (non-executive Director of Far East), Koh Wee Meng (CEO of Fragrance) in the substantial shareholders list.

There are some hints lingering all over the internet about a possible merger between the Pollux Indonesia and Pollux Singapore. Old MacDonald House is managed by Pollux Properties Singapore now but not under their assets. For example, their Indonesia projets stated developer as a listed company in Singapore. http://id.linkedin.com/pub/eva-dwiyana/18/b8b/296 / http://wrsl.co.id/#developer / http://polluxinvestments.com / http://polluxhotels.com/ - "investors relations" & "facebook group"

In any case, if the catalyst doesn't happen, I am not in danger as well. My entry price is not considered on the high-end. There are profits coming in from sales of Berkeley, Mayfair and Pavilion Square.

I believe strongly in value-investing.... companies like LanTroVision and Penguin International. But Pollux Properties is a rather interesting investment, being still young, I'm doing this exception.

Thanks Volmax for your constant valuable updates.

<vested - may contain bias views>

Louis Serviced Residences ~ 96 Fully-Furnished Contemporary Suites!

Opening Soon!

https://www.facebook.com/Stayariva

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Amarsvati ~ Ultra Luxury Condotel & Villas @ Malimbu, Lombok!

Project: Amarsvati Malimbu, Lombok
Location: Jl. Raya Malimbu, Lombok
Company: PT. Duta Megah Laksana
Total Units: 540 Condotel Units & 9 Villas

Set in 1.1 hectares of tropical bay gardens on the southwestern coast of Lombok, Amarsvati Resort Condotel & Villas is set to be the next leading tourism destination for the world. The idyllic location overlooks lush nature, turquoise waters and the most majestic island and sunset vistas. With superb access to major roads to access the famed Gili Islands, the new Lombok airport and other key amenities and locations, Amarsvati presents the perfect vacation stay to the untouched natural paradise of Lombok island.


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WHY AMARSVATI CONDOTEL & VILLAS?
1. Freehold Strata Title Ownership Status
2. Panoramic view of Gili Islands and over looking Northwest Lombok’s Most beautiful sunset beach
3. Full 5-STAR Facilities (Pool Bar, Lobby Lounge, Cafe & Restaurants, Gym, Spa Treatment, Meeting Room, Business Centre, Child Room, Multi-function Room, Minimarket & Souvenir Store)
4. Ultra Luxury Resort Condotel with Art Collection by Renowned Sculpture Artist 'Dunadi'
5. World Class Architecture & Interior design by International Architect Firm and Interior Designer
6. Furnishing by World-Class Furniture Brand Arbor & Troy
7. Enjoy your own Private Beach

Amarsvati ~ Ultra Luxury Resorts Condotel & Villas!

The Developer is giving you :
1. Minimum Return Guarantee 16% for the first 2 years
2. Revenue Sharing between Developer & Investor (60:40)
3. Free Stay 21 Points per year
4. Free Service Charge
5. Quarterly Reports and Payout
6. International Operator by Ariva Hospitality

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SERVICE AT A CLASS OF ITS OWN
Amarsvati offers the best of traditional Balinese values together with contemporary services standards as befits the modern world. Managed by Pollux Hospitality's brand of global hospitality, guests have the assurance of efficient services from our friendly and highly professional staff, the comfort of world-class leisure facilities at the Amarsvati. Whether it's packing your suitcases, making restaurant and spa bookings, arranging transport or changing your flight (because you'll want to stay longer), you can be sure that your every need will be well taken care of.