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Thread: Waterfront Waves (D16, 99 year LH, Frasers Centrepoint / Far East Organization)

  1. #2431
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    Good morning every body!

  2. #2432
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    Quote Originally Posted by acewee
    What is OKT??? Please explain.
    OKT = Hokkien for Or Kui Tau (or in plain english - Pimping for prostitutes

  3. #2433
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    ic. thanks for the explanation. btw, are you an owner of WFW?


    Quote Originally Posted by WolleyDragon
    OKT = Hokkien for Or Kui Tau (or in plain english - Pimping for prostitutes

  4. #2434
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    he better not.

    Quote Originally Posted by acewee
    ic. thanks for the explanation. btw, are you an owner of WFW?

  5. #2435
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    Quote Originally Posted by acewee
    ic. thanks for the explanation. btw, are you an owner of WFW?
    Hope not. The clean & green environment will be contaminated.

  6. #2436
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  7. #2437
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    Good Morning Everybody!
    Long Weekend Coming!

  8. #2438
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    Hu La La!

    Quote Originally Posted by kEN9170
    Good Morning Everybody!
    Long Weekend Coming!

  9. #2439
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    Hey WollyDragon, are you a WFW owner?

    Quote Originally Posted by acewee
    ic. thanks for the explanation. btw, are you an owner of WFW?

  10. #2440
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    Good morning everybody!


    Waterfront Waves - Live Where You Play

  11. #2441
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    A brief update on construction uploaded at http://waterfrontwaves.freeforums.org/index.php

  12. #2442
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    Left 55 units as of 21st September...

    The price has increased! Therefore, the remaining units are abit difficult to go. However, those who bought during Starbuy is a steal! Congrats to all WFW crazy members!

    Stack 02: 1, 4
    Stack 06: 2
    Stack 07: 4, 11, 13, 14
    Stack 08: 4, 7, 10, 11, 12, 13, 14
    Stack 10: 2
    Stack 11: 2, 3, 4, 5, 9, 11, 12, 13, 14
    Stack 12: 2, 9, 10, 11, 12, 13, 14, 15
    Stack 13: 1, 2, 3, 4, 5, 6, 8, 9, 11, 13
    Stack 14: 1, 2, 3, 4, 5, 6, 10, 11, 12, 14
    Stack 17: 14
    Stack 18: 14
    Stack 19: 13

  13. #2443
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    drove past wfw last evening ... some of the units had the glass windows fitted .... wow... that's fast ...

  14. #2444
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    Thumbs up

    Quote Originally Posted by sunny
    drove past wfw last evening ... some of the units had the glass windows fitted .... wow... that's fast ...
    FCL is smart. It captured your attention which means it will capture others attention too. I think the unit u saw is going to be a temporary showroom.

    Once buyers stand at the balcony and see the panoramic reservoir view b4 them, they cannot resist but to place their booking. The noise from the road as some mentioned will become immaterial.

  15. #2445
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    think stack 1, 2, 3, and 4 will be topping out before end of this year if they want to use it as showroom.

    Quote Originally Posted by sunny
    drove past wfw last evening ... some of the units had the glass windows fitted .... wow... that's fast ...

  16. #2446
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    Default Waterfront Construction Progress as of 02-Oct-2009

    More photos will be available in Waterfront Waves Forum (http://www.waterfrontwaves.freeforums.org/) shortly.


  17. #2447
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    wow, great progress. as expected, 1.5 week to complete one floor.

    on target to complete the super structure by Feb 2010 (my estimation)...

    Thanks for the effort, cheers!

    Quote Originally Posted by kEN9170
    More photos will be available in Waterfront Waves Forum (http://www.waterfrontwaves.freeforums.org/) shortly.


  18. #2448
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    Good moring everybody!
    More photos available in http://www.waterfrontwaves.freeforums.org/.


    Quote Originally Posted by kEN9170
    More photos will be available in Waterfront Waves Forum (http://www.waterfrontwaves.freeforums.org/) shortly.


  19. #2449
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    From agent:

    Left 50 units for WFW...

    T.O.P will be earlier than expected... might be in Mid-2011... official T.O.P is September 2011.

  20. #2450
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    morning wfw owners!

  21. #2451
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    Good morning!
    88% sold. Good news to all wfw owners.


    Quote Originally Posted by noblebaby
    From agent:

    Left 50 units for WFW...

    T.O.P will be earlier than expected... might be in Mid-2011... official T.O.P is September 2011.

  22. #2452
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    price has also increased, good news to those starbuy owners!

    Quote Originally Posted by kEN9170
    Good morning!
    88% sold. Good news to all wfw owners.

  23. #2453
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    Default Bedok Point Construction Progress as of 05th Oct 2009

    It has been renamed from Bedok Mall to Bedok Point.






    Quote Originally Posted by kEN9170

    Last update 1st Aug 2009




  24. #2454
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    yup, all the retail malls under FCL will have a "point"... like North Point, Anchor Point, Yew Tee Point, Causeway Point, Central Point... Bedok Point will be acquired by FCT after completion. Good prospect for FCT (Fraser Centrepoint Trust)... BUY!

    Quote Originally Posted by kEN9170
    It has been renamed from Bedok Mall to Bedok Point.





  25. #2455
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    Good morning everybody!

  26. #2456
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    Quote Originally Posted by kEN9170
    Good morning everybody!
    morning, heard got dragon boat competition at bedok reservior today...

  27. #2457
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    Frasers Centrepoint Trust (FCRT.SI) - Citi


    BUY: Undervalued, Purer Proxy for Suburban Retail



    Raising our target price slightly to $1.32 from $1.30 — We raise our target price to $1.32 purely to reflect the lower risk-free rate of 3.4%.



    Strong Pipeline and Organic Growth — Northpoint 2 and Yew Tee Mall are ready for injection and should add about c.S$260m to the portfolio. Based on our estimates, FY10E gearing will reach 40% on full debt-financing, with DPU accretion of 7-9%, assuming cost of debt of 3.5-4% and acquisition yield of 5.5%. Following the successful AEIs for Anchorpoint and Northpoint, Causeway Point would be next in-line for AEI, though plans are still in preliminary stages.



    Attractive valuation relative to CMT — FCT is still trading at a discount to its NAV of $1.23, while CMT is already trading at a premium of over 10% to its NAV. FCT offers yields of over 7% compared to about 5% for CMT. Gearing is also comparable with CMT at 30% post-rights and FCT presently at 33%.



    Buy: Purer Proxy for Suburban Retail — The acquisition pipeline will help improve liquidity and market cap and justify a slightly narrower yield

    premium over CMT in the longer term. Nonetheless, we like FCT’s exposure
    to the resilient suburban malls, its steady pipeline of assets for injection and organic growth through AEIs. Maintaining our Buy rating.


    Frasers Centrepoint Trust



    Company description


    Frasers Centrepoint Trust (FCT) is a Singapore-based Real Estate Investment Trust. It was formed by Fraser and Neave (F&N) to hold its three shopping malls and was listed on the Singapore Exchange in July 2006. Its initial portfolio included three suburban shopping centers in Singapore: Causeway Point, Northpoint and Anchorpoint. FCT is managed by Frasers Centrepoint Asset Management Ltd, which is wholly owned by Frasers Centrepoint Limited (FCL), the sponsor of FCT. FCL is the main property arm of the Fraser & Neave Group. On 16 May 2007, FCT announced acquisition of 27% of Hektar Real Estate Investment Trust (H-REIT), the first pure-play retail REIT listed on the KL Stock Exchange.

  28. #2458
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    Only 7 Units of WFW sold in September 2009.

    Total of 1143 units sold in September 2009.

  29. #2459
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    Default Waterfront Construction Progress as of 17-Oct-2009


  30. #2460
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    Hi all,

    sorry if i have posted in the wrong side.. i am an agent so please dont flame me if i really post in the wrong place. Thanks.

    Currently i have a sub sale unit at stack 27 blk 768 for an urgent sale. The owner originally is buying for own stay but due to last min screw up on his family finance side and force to sell.. thus hope if u know of anyone who is keen to let me know. Details are as follows:

    Type: 2 bedroom
    Size: 980sqf
    Views: Greenery facing
    Storey: Above #9

    I am trying all ways be it in newspaper , net, flyers to promote for him due to the fact of his plight. I agree that he will still be paying comm but i told him that comm i can take less not a prob so hope if u know of anyone keen to buy please let me know. Referral fee or a share in the comm will be given to u as well. Really please dont flame me if i post on the wrong place. Thanks

    *pm me thanks. becoz i think here cannot leave contact details.

    Victor

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