ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Louis Serviced Residences ~ A Stone Throw From Havelock MRT Station!

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Future revaluation will hit the ball out of the park!

Slowly, But Surely!

Hope all outstanding units can clear by year end.

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http://chadstone.co.id/specifications/

DEVELOPMENT INFORMATION:

Project: Chadstone
Location: Jl. Raya Cibarusah-Bekasi, Cikarang Barat Bekasi, West Java, Indonesia
Company: PT. Pollux Aditama Kencana
Land Size: ± 24.700 sqm
GFA: ± 178.889 sqm

Unit Quantity:
2630 unit Apartment
253 unit Condotel
112 unit Serviced Apartments
58 unit Shophouses

Floor:
1 Storey Semi Basement (Supermarket)
3 Storey Mall
4 Storey Shophouses
3 Storey Car Park
1 Storey Facilities
38 Storey Apartment + Condotel & Serviced Apartments

Car Parking:
± 1200 Car Parking


http://translate.googleusercontent.com/t...qbA-A?from=

Developer: PT. Pollux Aditama Kencana
Company with another name "PT. Pollux Properties International" based in Singapore and expanding in Indonesia where the Project which has been developed in Indonesia, among others, the Office Building, Apartment, Condotel, and the Mall in Lombok, Semarang, Bali, Jakarta, Bekasi, etc..

Chadstone ~ Cikarang Superblock!

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Looks like Pollux is going to both Melbourne and Sydney.

http://translate.google.com.sg/translate...6bih%3D505

"Pollux own a number of properties already in some major cities and developed countries, including Semarang, Jakarta, Lombok, Singapore, Malaysia, and Melbourne."

http://pinnaclesemarang.com/pinnacle-sem...june-2014/

"Currently Pollux are building apartments W / R Simpang Lima located on Jalan Ahmad Yani, The Pinnacle Apartments and Condotels in Pandanaran Road, and the Marquis de Lafayette is located in Youth Road. In another city, Pollux building office complex World Capital Tower in Mega Kuningan area of Jakarta and Chadstone in Cikarang, Amarsvati Resort Condotels in Lombok, Garden Park, Mayfair, Berkeley Square and Pavilion in Singapore, Capital City in Malaysia, as well as Hing Long in Sydney."

Not much info available for the Australia Projects, same for Capital City in Malaysia.

Warhol Residences ~ Two Storey To Topping!

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Posted by alfsat

The Pinnacle ~ Sixth Storey Carpark!

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Posted by alfsat

Pollux's Marketing Agent ~ SLP Scotia!

http://ssagroup.stproperty.com.sg/

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http://translate.google.com.sg/translate...6bih%3D505

"So what is the difference SLP with other estate agents? According to Djoko, the SLP has several branches in foreign countries. In addition to its headquarters in Singapore, the SLP has opened a branch in China and Indonesia. Next year SLP will have branches in Malaysia and Australia."

SLP expansion plan is in tandem with Pollux's growth strategy.

Warhol Residences ~ Topping Ceremony Soon!

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Posted by vianvion

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Posted by AK46

Hi, I have been tracking this property company ever since I walked past their sales gallery. I decided to google and found out that Pollux is listed.

This is their projection revenue for ALL of their projects. I like that they have most projects sold, and left a few units. However, the danger is, whether they can replenish their landmark and develop new lucrative properties. The environment doens't look conducive - at the moment.

I am surprised Pollux management got high-calibre independent directors from Indonesia. If I am not wrong, Mr. Po's dad is a well-known figure in Semarang?

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source: URA, Singapore Exchange, Pollux Singapore website, Kelvesy

http://www.pollux.com.sg/downloads/pavilionsq_2013.pdf (for total psf at different floors)
http://www.pollux.com.sg/news/PavilionSq...AR2013.pdf (for $ psf values)