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More clues for the bros who still doubt on the RTO, see the below link.

http://www.mdl.co.id/marq-de-lafayette/#developer.html

Big Grin
First half results out, not so fabulous afterall.

http://infopub.sgx.com/FileOpen/Pollux-R...eID=264202

Angry
Ya Pollux results not expected to be fantastic for now. The main profit will come from Pavillion Square shops which will be booked as 1 time figure bcos of accounting rules.

But Pollux says its service Apt at Ganges Avenue will be ready 1H next year. I think the cost per room everything in is less than $400,000. Compare this to report that the bidder for the hotel site at nearby Havelock Road will cost it more than $800,000 per room to build plus land cost.

But still awaiting news of RTO which will be main story if it happen.[/align]
(15-11-2013, 07:18 AM)revelationofpyramids Wrote: [ -> ]Ya Pollux results not expected to be fantastic for now. The main profit will come from Pavillion Square shops which will be booked as 1 time figure bcos of accounting rules.

But Pollux says its service Apt at Ganges Avenue will be ready 1H next year. I think the cost per room everything in is less than $400,000. Compare this to report that the bidder for the hotel site at nearby Havelock Road will cost it more than $800,000 per room to build plus land cost.

But still awaiting news of RTO which will be main story if it happen.[/align]

What is your best guess on the 2H net profit from the 20% booking fee from Pavilion Square and proceeds other projects? Huh

Let's cross our fingers, arms, legs & eyes and hope the RTO do take place. LOL

Big Grin
Pollux Resorts launched 39 luxurious artisan-crafted villas in Nusa Dua, Bali.

AMARTERRA VILLAS


http://pollux.co.id/amarterra-villas/#&panel1-6

http://amarterra.com/

http://amarterra.com/developer/

Big Grin
Nico acquired the rights to the 39 units private villas from MGallery by the Accor Group.

http://amarterravilla.com/index.html

http://www.mgallery.com/gb/asia-middle-east/index.shtml

http://www.accor.com/en/brands.html

A bigger cooperation or possible M&A could be in the pipeline.

Big Grin
New video clip for Metro Loft!

https://www.youtube.com/watch?v=MwFR2AO6CIY

New video clip for Pavilion Sqaure!

http://www.youtube.com/watch?v=aOi7umwuV2A

New video clip for Mayfair Residences!

http://www.youtube.com/watch?v=Dvm8Wrlomy8

New video clips for World Capital Tower!

http://www.youtube.com/watch?v=wXnb0M_gsm0

https://www.youtube.com/watch?v=ahfdPsAifD8

Big Grin
I learned that Garden Park residences is left with 5 or 6 units. Not bad, 29 out of 36 units sold.

The other 2 projects just launched so sales figure not high yet.

Pavillion shops cannot book profit till TOP I think. The condo maybe can.