The home developer is expected to record a net profit of $90.6m. Forett At Bukit Timah Toh Tuck mrt strategic location means that everything is within reach in the neighbourhood delivering unmatched convenience.
The deal is going to probably be compensated in money for four installments, with the first installment payable $58m, which is paid on the implementation of the arrangement. The real estate developer is expected to record a net profit of $90.6m together with the trade.
It might also promote to a different 44 underground car park spaces at about $32,000 per area as part of their offer.
The actual estate comes with a net book value of approximately $102.6m of 31 March.
Net profits from the transaction will be utilized for GuocoLand’s overall working capital and debt repays.