Mar 12, 2014

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Phillipines Property Market Update- Part 1

Phillipines Property Market Update- Part 1

Dear investors, I have recently gone to the Philippines to visit several developers and to conduct site visits on properties we invested in.  I am proud to share that our investor group has also invested actively into various development in the Philippines over the past few years.   We had invested into student accommodation, mass market condos, high end condos, office units, retail shops, medical centres and even car park lots.

I have identified Philippines to be an undervalued market segment over the past few years and so here are some updates for the readers and investors.

One of our first investments in Philippines is into the student accommodation called  One Archers Place by Eton Properties.  This is located  next to the famous LaSalle University. It is now generating passive income for us every month and purchase price is around S$50,000 per unit with freehold title.

One Archers Place

The other project that we bought into is the 8 Adriatico that is also by Eton Properties.  This project is situated right next to the largest shopping mall in Manila, the Robinson Place.  I had gone on site to visit this project that is going to complete by end of 2014.  Here are some photos to share.  Photos feature include Robinson Place Shopping mall and also photos that I have are taken on site and also the views from my penthouse units.

Robinson Place Shopping Mall

8 Adriatico Penthouse view

 

 

8 Adriatico

8 Adriatico Penthouse View

 

Part of Eton Team at 8 Adriatico

I have met the Eton team of people in charge including the members from Customer Service, Sales Support, Operations, Project Management etc to get updates about the various projects.

The other development we invested in with the same developer is the Eton Tower Makati.  The development has been delayed for completion till next year but I have gotten assurance from the project team of the completion of this prime project.  As you can see from the photo below, the project is already completed to 30th floor at this point of writing. This is one of the best situated projects that is right at the heart of Makati Philippines, within walking distance and sheltered walkways to the Greenbelt shopping malls, the Landmark shopping malls and also to the Glorietta shopping belt.  We secured the freehold properties at only around S$77,000 each unit.  It is one of the good value buys.

Eton Tower Makati Construcion

I believe this commercial, residential mixed project will fetch fantastic yields and good gains upon completion.  This is how the completed project will look like.

Eton Tower Makati

Eton Tower Makati

So we have more good things to look forward to.  More upcoming for Philippines Property Market Update.

 

 

 

 

 

 

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Feb 27, 2014

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Chinese New Year Celebration

Chinese New Year Celebration

 

 

 

 

 

 

Dear Friends,

WK Events celebrated the Chinese New Year with around 800 of our investors with the Ang Bao event, sponsored by developer Silverton Global.  Each of our visiting investor received an auspicious red packet with real cash as a blessing and you can see how happy they are.

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Feb 27, 2014

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New Year Celebration

New Year Celebration

 

 

 

 

 

 

Dear Friends,

2014 is set to be an exciting year!  WK Events kick started the year by investors to join us in a New Year session where we share about inspiration and specific strategies for one to manifest and bring into reality more positive results in life.

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Oct 30, 2013

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Inspiring Entrepreneurial Spirit of Our Youth

Inspiring Entrepreneurial Spirit of Our Youth

 

 

 

 

 

 

 

Dear Readers,

I’m honored to be invited by Mdm Tong & Mrs Ng from my alma mater, Ang Mo Kio Secondary School, to judge the students’ entrepreneurial business plans presentations yesterday. I can’t believe I was there as a student years ago!

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Sep 25, 2013

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CONGRATS to ALL Summer Mall Investors

CONGRATS to ALL Summer Mall Investors

 

 

 

 

Dear friends,

Congratulations to all the investors of Summer Mall at Kota Samarahan, Kuching. I am here with some of the Singapore investors to attend the Grand Opening Ceremony.  We have invested into quite a number of retail and F&B spaces together with our Singapore investors and I am pleased to see that the tenant mix is well managed by the developer.

 

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Sep 25, 2013

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Inspiration by Mr George Quek

Inspiration by Mr George Quek

 

 

 

 

 

 

Dear friends,

I’m pleased to be present for the celebration of the 84th Anniversary Teochew Poit Ip Huay Kuan at the Mandarin Hotel on 21st September 2013.  This event is lead by Mr George Quek’s election as clan’s president.

 

From a humble beginning, George Quek, founder of the BreadTalk Group chain of bakeries, restaurants and foodcourts and has set a good example of how one can strive for success by overcoming all odds. During the event, other than aiming the creating a united Teochew group that will support each other, he also urged those whom have already achieve some level of success in life to contribute back to society.  He said that in this way, you will become a person whom is not just successful but will be well respected.

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Sep 10, 2013

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Promising SME 500 Award and Gala Dinner

Promising SME 500 Award and Gala Dinner

 

Dear friends,

It was a fantastic day! We were finally awarded our Promising SME 500 2013 Business Luminary award last week. The Business Luminary award is to recognize true blue entrepreneurs who are a cut above the rest, which have a business visionary of immaculate integrity, humility and skill. Business Luminaries as described by the editor-in-chief of the Promising SME 500, Liu Q. Z., are those who have not only excelled in their field of expertise, but have grown with amazing velocity into established firms and corporations over short spans of time.

I would like to thank my team, because without their hard work and commitment we wouldn’t have been able to achieve this. And most importantly, to our ever loyal clients and investors who have the utmost faith and trust in us, we thank you all for supporting us all these years. This award is dedicated to all of you as well.

Be assured that we will still continue to strive to grow and be better at bringing under valued deals and continuously give amazing service to our network members.

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