Tuesday, 29 December 2015

Today's SGX Stock Picks: Future Beijing Project of Ying Li Goes High at The First Day of its Launch

SGX Stock Picks

SGX Stock Picks: Ying Li International Real Estate (Ying Li) has declared that every one of the units in Tower One of the Future Beijing undertaking were taken-up on the first day of its dispatch. Tower One comprise of 585 SOHO condo and were sold at a normal offering cost of roughly Rmb34,200 per sqm and is focused to hand over in FY17. The aggregate pre-deals thought is around Rmb1.06 billion.

Future Beijing is the gathering's first invasion outside Chongqing through a compelling 15.1 percent stake support in the undertaking. With an aggregate GFA of around 715,000 sqm, the venture involves skyscraper premium SOHO flats, premium and point of interest office structures and retail shopping centers and is situated in the Tongzhou New City Canal Core Area, the second Central Business District of Beijing.

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