Interest Rates going up - local property counters in spotlight

[Ng Cheh Hwang]

ESR Reits
Appx $1400 millions in debts, cash-in-hand <$30million

 

[Ng Cheh Hwang]

Ho Bee
Appx $2500 millions in debts, cash-in-hand about $120 million

 

[Ng Cheh Hwang]

Frasers Centrepoint Trust
Appx $1800 millions in debts, cash-in-hand <$50million

 

[Ng Cheh Hwang]

OUE Trust
Appx $2000 millions in debts, cash-in-hand <$60million

 

[Ng Cheh Hwang]

AIMS APAC Reits
Appx $600 millions in debts, cash-in-hand <$15million

 

[Ng Cheh Hwang]

Frasers Property
Shares down 50% from 4-5 years ago.
Financials look healthy but why keep dropping?

 

[Ng Cheh Hwang]

Ying Li
Questionable business model and messy financials in past 4-5 years.
Frequent negative cashflow.

 

[Ng Cheh Hwang]

Aspial
Shares keep dropping since 4-5 years ago, down about 69%.

 

[Ng Cheh Hwang]

Oxley
Shares keep dropping since 4-5 years ago, down about 69%.
Frequent negative cashflow.

 

[Ng Cheh Hwang]

Lippo Malls Trust
Shares keep dropping since 4-5 years ago, down about 90%.
Frequent negative cashflow.

 

[blackmondy]

Ho seh liao. Soon we will get to see plenty of 烂尾楼 just like tiong-cock.

 

[gingerlyn]

OUE Trust
Appx $2000 millions in debts, cash-in-hand <$60million

This company has backer. OUE group is strong

 

[Ng Cheh Hwang]

For property owners:

Rising interest rates and benchmark prices loom over the housing market this year​

https://www.edgeprop.sg/property-ne...enchmark-prices-loom-over-housing-market-year

 

[laksaboy]

I miss the days when a 1-year fixed deposit yielded around 5% interest.

I remember one time, when I was a kid, Tat Lee Bank offered a whopping 6% interest. But I despised Tat Lee Bank and chose the bank which offered the next best rate.

 

[Ng Cheh Hwang]

I miss the days when a 1-year fixed deposit yielded around 5% interest.

I remember one time, when I was a kid, Tat Lee Bank offered a whopping 6% interest. But I despised Tat Lee Bank and chose the bank which offered the next best rate.

Quite recent. That era was during SARS period.

 

[blissquek]

Oxley
Shares keep dropping since 4-5 years ago, down about 69%.
Frequent negative cashflow.

Their Batam conventions centre will drag them down ..

 

[Ng Cheh Hwang]

>1.5%pa Fixed-Deposit Promotions

12-months
CIMB - 1.6 to 1.68%pa (1.68% for preferred banking customers)
ICBC/BOC - 1.5%pa (for e-Banking or New-to-Bank customers)

24-months
HL Bank - 1.73%pa
RHB - 1.7%pa

 

[cocobobo]

Lol... they're not paying debts with cash in hand

 

[Ng Cheh Hwang]

RHB leading the charge now.
24 months - 1.95-2.00%pa

https://rhbgroup.com.sg/rhb/personal/fixed-deposit-campaign-Q1-2022

 

[Boliao]

Will they revise CPF 2.5% interest rates? The bank I use in China pays 2.48% 12 months fixed-D, 3.1% for 24 months and 3.55% for 36 months.