Guess which SG developer plans to build this Down Under?

Sam don't worry, still got opportunity. don't have to chase after it. Some big fish will sell drop to buy up gradually. It will only power when the time is right.

Sam, did you load up Chip Eng Seng? I believe it's about time for CES to power.

Guys, check this out...
towermelbourne.com.au/
Approval is imminent, though it has not been official. CES has already started marketing in KL and China. Looks like some units have been sold even before the project is approved. Looks like CES is very confident, otherwise won't start selling it overseas.
This one sparked a lot of controversy among the politicians, approval is still a question in my opinion.
www.theage.com.au/victoria/tower-sparks-...-20121010-27dl1.html

wow amazing. the tower look really nice. if it can possible buidl one in SG, it will definately be hot!

Anyone went to see the project exhibition in Grand Copthorne Hotel? Wonder how the response is like.

I like ces a lot too, and agreed with Sumer analysis, although my estimate of profits from prive and belysa projects is lower in the range of 30 million. After factoring in the strong order book from constructions and property investment, it should be around the range of 80 million. The sexy years will come in 2014 onwards. I am however waiting (speculatively ) for prices to suffer a knee jerk reaction just like Lian beng when they announced their 3q results. 3Q results should be unimpressive as their 33M project (or is it matthan project) will only TOP in late 2011, and most prob will not be captured in 3q results. I thought Lian beng will not suffer any selldown as I though the market know better, but was nonetheless surprised. Given that ces has a good run in 2012, I would rather wait. Just my 2 cents worth.