Page 1 of 3 123 LastLast
Results 1 to 10 of 26

Thread: Mont Timah (D21, 99 years LH, Tuan Sing)

  1. #1
    Join Date
    May 2006
    Posts
    8,129

    Default Mont Timah (D21, 99 years LH, Tuan Sing)

    http://www.businesstimes.com.sg/sub/...18340,00.html?

    Published October 9, 2009

    Tuan Sing to launch Mont Timah

    By UMA SHANKARI


    TUAN Sing Holdings, which has acquired a 70 per cent stake in Mont Timah, a boutique residential project at Hindhede Drive, said yesterday it will launch the project soon.

    Tuan Sing announced in August that it would buy 70 per cent of the issued share capital of Maylands Investment from Habitat Properties. Maylands' only major asset is the Mont Timah project.

    Habitat Properties would continue to hold 30 per cent of Maylands, Tuan Sing said back then.

    In an update yesterday, Tuan Sing said it has completed the 70 per cent acquisition and will now launch Mont Timah. It did not give a launch date or prices.

    Analysts say the project is in the upper mid-to-mass market range.

    The 99-year leasehold Mont Timah will comprise 32 strata cluster homes and is near Bukit Timah Nature Reserve.

    'The development offers nature lovers a unique opportunity to live within walking distance of the magnificent terrain of the reserve,' Tuan Sing said in a statement.

    Each unit will have its own lift, the company said. The project, designed by Chan Sau Yan & Associates, has been awarded the Green Mark (Gold) Award by the Building and Construction Authority. A temporary occupation permit is expected at end-2011.

    Tuan Sing shares closed unchanged at 17 cents yesterday.

  2. #2

    Default

    Mont Timah?
    Name sounds wierd... like trying a bit too hard to make the development sound chic and yet want to associate with Bukit Timah

  3. #3
    Join Date
    Oct 2008
    Posts
    1,493

    Default

    Instead of always just buying Capland, CityDev and Ho Bee, Tuan Sing is definitely worth a buy at current bargain basement prices

  4. #4
    Join Date
    Oct 2008
    Posts
    1,493

    Default

    Footnote: Investors now seem to be waking up to the idea that Tuan Sing is a laggard play that represents excellent value for money!

  5. #5
    Join Date
    Oct 2008
    Posts
    1,493

    Default

    Mont Timah Cheong Ahhh!!!!

  6. #6

    Default

    Any updates?

  7. #7
    Join Date
    Feb 2009
    Location
    峨眉山
    Posts
    5,458

    Default

    Sounds so Malaysian.... machiam Mont Kiara. Maybe should have taken a cue from that and named it Mont Tiara. (at least the T in Timah is preserved yet add that extra touch of crass)

  8. #8

    Default

    1 more sold at 864psf in may. 19 out of 32 to go.

  9. #9

    Default

    I actually like this place!

  10. #10

    Default

    Are you an agent?
    I find this place S$4m for 99 LH overpriced and populated by monkeys.

Page 1 of 3 123 LastLast

Posting Permissions