Sim Lian

Sim Lian: Launched its latest condo, A Treasure Trove in Punggol Central. The 99 yr leasehold development of 882 units comprises fourteen 16-storey blocks on 296.3 sq ft. The avg selling price is approx $866 psf and the 1st phase of 300 units is up for sale. The launch will also be a gauge of the demand for property as well for the Sg mkt. Co trades at current 1.1x P/B close to historical avg at 1.1x as well