TSE:1928Consumer Durables
Singapore Bayshore Transit Hub Bid Might Change The Case For Investing In Sekisui House (TSE:1928)
Frasers Property Limited, Frasers Centrepoint Trust, Sunway MCL Limited, Sekisui House and Lum Chang Building Contractors recently announced that their consortium emerged as the top bidder for Singapore’s Bayshore Drive Government Land Sales mixed-use site, with a bid of S$2.10 billion for a 99-year leasehold plot integrated with Bedok South MRT station and a future bus interchange.
If the tender is formally awarded, Sekisui House would gain exposure to one of Singapore’s largest...