United Overseas Land

[tonylim]

Thank you all for the compliments, my head really swells big big.
This is the reason why The compulsory acquisition act seems unable to act on this piece of land , unless they wish to sell.
They used to employ one care taker who live there but not too sure now.
Another piece of untouchable is at Telok Blangah , Bukit permai. One family take care of some graves.
Take a look and some may exclaim, OMG !

[Poles]

Thanks Tony....
ya, I think there is a jaga living there....but that is around 20years ago...when i recce that place....
There is even a pond ...very near to the old Dragon apartment

[LenaHuat]

Hi Tony
Yes, I only know abt the Telok Blangah piece but not this at Dempsey. Thank QQ.
If the head swells a little, laugh a little, you live an extra day

[tonylim]

In mid 90, our MM rolled out red carpet for the old Sultan and personally received him. The Sultan was given King of the emperor treatment.
But nothing happened ?


Hi Lena,
I will definitely take your valuable advice to laugh more so that I can live more extra days. Have a nice day.

[LenaHuat]

UOL Group said on Wednesday that its says wholly-owned subsidiary, UOL Capital Investments, and Peak Star, a subsidiary of Kheng Leong Co. (KLC) and Singland China Holdings (SCH), a subsidiary of Singapore Land, have successfully tendered, on a 40:30:30 basis, for the proposed acquisition of a plot of land 39,540 sqm in area called Parcel 11, Changfeng District, Shanghai, China, for RMB 2.06 billion ($406 million) or RMB24,000 psm of gross floor.

The tenure for the land is 70 years for the residential component (to take up 90% of the GFA) and 40 years for the retail component (10%).

[Chinaman]

my 1 lot of UOL share been sleeping for yrs, with the recent KTM land swop, now this stock flying like a rocket.
Today closed at $4.70, think good time to take profit, when it moving closer to $5.00...cheers

[LenaHuat]

Hi Chinaman
Congratulations Asia is going for a good year-end rally.

[Chinaman]

Hi Chinaman
Congratulations Asia is going for a good year-end rally.

Thanks sis L,
btw, just my tot ...i got a feeling that with recent new rule that private pty owner cannot buy HDB resale flat..many of my private pty owner friends now rushing to buy private properties.

Going forward i foreseen HDB resale drop by 20%, but private resident properties will move uptrend by 10% after staying flat for a quarter...in short u are right a good year end rally...we share the same view..hehe.

[winston]

Down 3.4% now. Is it due to the China tightening news ?

[LenaHuat]

Hi Chinaman
Thank QQ for sharing yr thoughts abt residential property prices. I also think that a 2-track clearly demarcated market is in place. The authorities should never have gotten the HDB market interwoven with the pte market.

Hi Winston
Often don't know why tickers spike up and then spike down within a short period of time