United States

Analyst Research Report Snapshot


Flash Note – Sunway Bhd (BUY, maintain) - Acquiring 6 acres of prime land in Mt Sophia, Singapore




Affin Hwang Investment Bank Bhd


17 Sep 2013





Companies referenced:


Available for Immediate Download

Sunway- Hoi Hup- S C Wong wins Mount Sophia land tender for S$442m Sunway announced that the Urban Redevelopment Authority of Singapore had on 12 September 2013 awarded a land parcel at Mount Sophia to a consortium comprises of Hoi Hup Realty (51%), Sunway (30%) and S C Wong Holdings (19%). The 5.9-acre piece of prime leasehold land was sold for S$442.3m (approximately RM1.1bn). Based on a plot ratio of 1.5x, the purchase price is approximately S$1,157 psf (RM2,960 psf) of gross floor area.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.