Our preliminary analysis has revealed key insights about RL EAST PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Has been operational for a few years
68101
Real estate developers
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This is only a preview of the TrustScore results for RL EAST PTE. LTD., showcasing a few facets of its business that we have analysed.
Foundational Stage
A young brand or company in the early stage of organisation structures, framework, processes, workflow, systems.
Key Characteristics
Why It Matters
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. RL EAST PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
RL EAST PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting RL EAST PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
RL EAST PTE. LTD. may not have accessible contact information online, which dilutes engagement and credibility. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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It added that its wholly-owned subsidiary RL East has signed an agreement for the deal. Cushman & Wakefield told The Business Times that the seller is SL Cheong. (see clarification note) The freehold site will be acquired via the purchase of the 9,999-year leasehold estate interest in the 30 strata lots on the site, Roxy-Pacific said. The property developer will finance the acquisition with internal funds and bank borrowings. In 2018, The Business Times reported that the property was put up for sale at an indicative price of S$99 million.
Property and hospitality group Roxy-Pacific Holdings' wholly-owned subsidiary RL East will fork out $93 million to acquire a freehold residential development site near the Aljunied and Mountbatten MRT stations. Located at 217-223A Guillemard Road and 1-21A Jalan Molek, the property occupies a total land area of about 3,450 square metres (sq m) or 37,131 square feet (sq ft). This will be the largest private residential transaction in the year to date, said Shaun Poh, Cushman & Wakefield's (C&W) executive director of capital markets.
19 November 2020
RL EAST PTE. LTD. has been in operation for 5 years since its incorporation in 5 November 2020 based on ACRA registration date. The business is registered with ACRA (Accounting and Corporate Regulatory Authority) under UEN 202035650R.
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