Singhaiyi

BEHIND THE NAME

In danger, there’s opportunity: How SingHaiyi’s 29-year-old scion is reshaping the property group’s next chapter

How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership

An artist's impression of One Sophia, which has 367 residential units and 79 strata offices.

SingHaiyi-led group’s One Sophia sells 10% of residential units at average of S$2,750 psf 

The preview for the development’s residential units follows the launch of its strata office units in October

Sora occupies a site area of 17,834.8 square metres, with a gross plot ratio of 2.1. It was secured with a S$260 million bid at a collective sale tender in July 2022, at a land rate of S$1,023 psf per plot ratio. 

SingHaiyi-led group to launch Jurong East condo Sora at S$2,180 psf average

The condominium project occupies a site area of 17,834.8 square metres, with a gross plot ratio of 2.1

What can the new sponsor groups of these property trusts do to unlock value?

BT Mark to Market: ARA H-Trust, Cromwell E-Reit get new sponsors (Ep 44)

ARA H-Trust and Cromwell E-Reit has new sponsor groups backing them. Senior correspondent Ben Paul explains why, and what it means for minority investors.

Cromwell E-Reit, like ARA H-Trust, owns faraway assets and is laden with debt.
MARK TO MARKET

New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations

Lack of upside for minorities may further erode confidence in the external-manager model, and fuel calls for manager internalisation initiatives

The sale outcome for the mixed-use development project was much lower than expected by market watchers who had anticipated a take-up rate of at least 20 per cent, going by response to recent launches.

TMW Maxwell sees slow sales at launch with 7 units sold, at average S$3,310 psf

TMW MAXWELL sold just seven out of a total of 324 units at its Phase One sales launch with the transacted price ranging between S$1.5 million and S$2.47 million, which works out to a per square foot (...

SingHaiyi to be delisted on Jan 31

SingHaiyi to be delisted on Jan 31

MAINBOARD-LISTED SingHaiyi Group will be delisted from the Singapore Exchange (SGX) at 9 am on Jan 31, it said in a bourse filing on Thursday (Jan 27).

SingHaiyi gets approval from bourse operator SGX to delist

SingHaiyi gets approval from bourse operator SGX to delist

SINGHAIYI will delist after obtaining regulatory approval on Wednesday (Jan 12), as its free float has dropped to under 10 per cent, with the date to exit the mainboard to be announced.

SingHaiyi loses free float, to delist after offer secures 95.8% valid acceptances

SingHaiyi loses free float, to delist after offer secures 95.8% valid acceptances

MAINBOARD-LISTED property developer SingHaiyi on Friday (Dec 17) morning said it has lost its free float and will be delisted, as its controlling shareholders' voluntary unconditional cash offer secur...

En bloc die-hard Peace Centre finally nails it with S$650m deal

En bloc die-hard Peace Centre finally nails it with S$650m deal

On fifth attempt, Peace Centre/Peace Mansion sold to entities linked to Chip Eng Seng, SingHaiyi