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who is that idot who want to sell his THE SAIL condo to me at $1200 psf ?

madmansg

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Price- implied capital value of CCT’s office portfolio

Unitholders' Equity @ Sep 08 4,382.8
Market cap @ $1.02/unit 1,421.2
Difference (1) 2,961.5
Combined value of office buildings on balance sheet (2) 5,293.1
Implied value of office buildings (2) - (1) 2,331.6
Net lettable area of office portfolio (sq ft) 2,678,325
Price-implied cap value for office properties ($psf) 870.5
 

downgrader

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how about use sail condo for foreign worker dorm

can hold 60 floors of foreign workers, not bad, no need build in serangoon gardens
 

madmansg

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then THE SAIL sixty floor of ar neh construction workers can wave at their cousins bankers in the sixty floors in Raffles Place.
 

eQuipment

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who's that idiot who tried to sell..... umm, my guess is, a very money-minded idiot.

volatile mkt means, we may see occupants of THE SAIL doing airbourne from their fantastically over-priced non-freehold pigeon holes.
 
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