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My dissatisfaction with Sing Holdings is how their JV have wrongly priced/designed so many 4-bedrm EC units. Despite being the "best EC selling unit in March and April", the 4 bedroom complex has not moved- 2 units sold in past 2 months. The 4 bed-room complex's revenue is about $100M at $800PSF valuation. To put it in perspective, Waterwoods is expected to yield a $406M sales revenue assuming overall sales of $800 PSF.
It is fortunate the total cost of the EC project is about $295M - $163M (land), $112M (Construction), $15M (Marketing), $5M (Misc Cost)
It is fortunate the total cost of the EC project is about $295M - $163M (land), $112M (Construction), $15M (Marketing), $5M (Misc Cost)