Friday 7 February 2014

The Tembusu Review- Gem of Wing Tai group

Lush landscaping and the allure of freehold in the heart of Kovan. Sky bridges linking all the blocks together. Wing Tai presents their exquisite concept of home which integrate modern sleek architecture with environmental sustainability: The Tembusu!

Prices start at 1500psf. A typical 3 bedder at 1,044sqft will cost around $1.58mil. Excellent finishing such as compressed marble, good quality timber flooring, sliding wardrobes, rain shower, mosaic tiles in bathroom and space saving built in kitchen cabinets that exploits wasted corner spaces being provided by Wing Tai. 

Facilities bring provided not just at ground floor but also on level 6 and 12. I particularly like the observatory deck on level 12. For units just below the single level penthouse, the private enclosed space is actually a built in garden. For those with the money to spare, do consider a purchase in one of these rare units that will make you the envy and talk among your relatives and friends. 

The Tembusu is truly an outstanding and remarkable iconic masterpiece by Wing Tai. This is not surprising given that this used to be Wing Tai's HQ when they just started their business. No efforts have been spared to make it the most prominent piece of architecture work standing out in the vicinity.

Sunday 2 February 2014

S-REITS Correction and Effect on rising interest rates

It is interesting to note that most experts believe that rising interest rates will hurt REITS. My views are totally different from the mainstream folks. The current interest rate hikes is attributable to better economic performance in particularly the US. Based on US history for REITS in such environment, REITS had delivered strong growth in terms of revenue. At a minimum, I would expect REITS Manager to be able to pass them on effectively to their core tenant. 

The current correction in price of S REITS present good opportunity for buy in.