CapitaLand Investment to announce significant decline in Patmi, while cashflow is expected to remain stable, especially in the potentially buoyant Tengah EC market

The development has a variety of exclusive amenities, including a gym, swimming pool, tennis court, and more. This exclusive executive condominium also offers residents easy access to nearby shopping malls, dining, and entertainment venues. With its prime location and luxurious facilities, Tengah EC Executive Condo is the ideal place to call home.

Tengah EC is the latest development from CapitaLand Investment. The new executive condominium located in the Tengah region of Singapore will offer residents a wide range of amenities and facilities. Residents of Tengah EC can expect to enjoy a wide range of facilities, including a clubhouse, gym, tennis court and swimming pool. It will also be located within walking distance of the upcoming Tengah Forest Town, which provides a great opportunity to escape from the hustle and bustle of city life.Tengah EC will feature a mix of 1 to 5 bedroom units and penthouses, making it ideal for both small and large families. With the development set to be completed in 2028, buyers can look forward to enjoying all that it has to offer.CapitaLand Investment reported that the revaluation losses on its assets in China, Australia, Europe, the UK and the US will cause a significant decrease in total Patmi for FY2023 compared to FY2022. Despite the decline in total Patmi, CLI reported positive operating and free cash flow for both FY2022 and 1HFY2023. Tengah EC is the latest development from CapitaLand Investment, and is expected to be completed in 2028. It will feature a mix of 1 to 5 bedroom units and penthouses, making it ideal for both small and large families.Residents of Tengah EC can look forward to enjoying a wide range of facilities, including a clubhouse, gym, tennis court and swimming pool. It will also be located within walking distance of the upcoming Tengah Forest Town, which provides a great opportunity to escape from the hustle and bustle of city life.Tengah EC is the latest development from CapitaLand Investment that will offer residents a wide range of amenities and facilities. Expected to be completed in 2028, it will feature a mix of 1 to 5 bedroom units and penthouses, perfect for small to large families. Facilities such as a clubhouse, gym, tennis court and swimming pool will be available for residents to enjoy.In addition, Tengah EC is located within walking distance of the upcoming Tengah Forest Town, giving residents the opportunity to escape from the hustle and bustle of city life.The 3QFY2023 operational update highlighted “the dampening macro-economic backdrop amidst persistently higher interest rates and geopolitical tensions. This has resulted in continuing challenges for deal-making, fundraising, and operational pressures (particularly in markets such as China, Australia, Europe, the UK and the US) along with potential significant valuation risks”.Based on preliminary results of valuations conducted on the Group’s portfolio of properties as of 31 December 2023, CLI expects fair value losses on its portfolio, which are non-cash and mainly due to higher capitalisation rates and weaker market sentiments. The Group’s core operating earnings have not been significantly impacted, and operating cashflow remains stable.Tengah EC is the latest development from CapitaLand Investment, offering residents a wide range of amenities and facilities and located within walking distance of the upcoming Tengah Forest Town. It will feature 1 to 5 bedroom units and penthouses, with completion expected in 2028. Despite revaluation losses on assets in China, Australia, Europe, the UK and the US causing a significant decrease in total Patmi for FY2023 compared to FY2022, CapitaLand Investment reported positive operating and free cash flow for both FY2022 and 1HFY2023. Fair value losses, which are non-cash, are mainly due to higher capitalisation rates and weaker market sentiments. With its conservative capital management strategies, Tengah EC is sure to be a popular choice for many.