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the Futureon Solid Ground 2011
Soilbuild Group Holdings Ltd
Company Registration No.: 199609233M
25 Changi South Street 1, Singapore 486059
T: (65) 6542 2882 F: (65) 6543 1818 Email: [email protected]
www.soilbuild.com
SOLARISArtist’s Impression
Success to New Heights
OUR MISSIONTo be a leading property developer in Asia
offering a balanced portfolio of quality
and well-designed residential and purpose-
built business space properties.
Through business acumen, strategic vision and planning, commitment to excellence,
as well as prudent capital and resource management, Soilbuild is moving ever closer
to fulfilling our mission.
For more than 30 years, Soilbuild has been building quality living and work spaces
that exceed expectations. As an award-winning property developer, Soilbuild is
dedicated to customer needs with an unwavering focus on attention to detail as
well as prevailing market and lifestyle trends. Our diversified portfolio of mid- to
high-end residential properties and purpose-built business spaces for MNCs and
SMEs bears the distinctive Soilbuild brand marks of distinguished quality, function
and outstanding value.
Moving forward, we remain committed to excellence and continuous innovation
whilst building trust with customers, stakeholders, associates and the community.
Quality Spaces
Our suite of real estate solutions combines market insights with the
right expertise and know-how to deliver optimal results and total
peace of mind.
RelationshipsWith the Complete Customer Experience
RESIDENTIAL PROPERTY
DEVELOPMENTSFOR SALE
BUSINESS SPACE DEVELOPMENTS FOR SALE
INTEGRATED CONSTRUCTION MANAGEMENT
SERVICES
BUSINESS SPACE DEVELOPMENTS FOR LEASE
Where style meets sensibility and comfort, The Mezzo is a
28-storey freehold residential and commercial development
located at Balestier Road, mere minutes away from the Novena
shopping belt. It comprises a 22-storey residential tower block
and 6-storey commercial and carpark podium.
The 127-unit development offers a fine selection of 1 to
2-bedroom units and a full range of facilities to live life in style.
An outstanding showcase of design expertise, Meier Suites
is a freehold condominium ideally situated in the exclusive
residential enclave of District 15 at Margate Road, off
Meyer Road.
Designed for the discerning few, these 55 exceptional residences
come with private lift access and a total of 114 carpark lots.
With generous living spaces in functional layouts and outfitted
with elegant luxury designer solutions from Gaggenau,
Bulthaup, Grohe and Keramag, Meier Suites epitomise the
perfect life in every sense.
Located within the verdant enclave of the prime Leonie Hill,
the statuesque 29-storey Leonie Parc View takes the high life
to even greater heights. The freehold luxurious development
is just mere steps away from bustling Orchard Road, and
yet a world of distance from the hustle and bustle.
Each unit comes with its private lift and breathtaking views of
the city. In addition to the Sky Terrace, Leonie Parc View offers
a full range of lifestyle facilities. All units come with designer
fittings and chic, state-of-the-art European kitchen appliances.With a fine balance of aesthetics and
pragmatics, Soilbuild creates homes that
encompass the very best of urban living with
the luxury of space, lush surroundings and
a vibrant lifestyle in the prime residential
districts of 9, 10, 11 and 15.
From contemporary, high rise residential
developments such as One Tree Hill Residence,
The Centrio, Montebleu and Leonie Parc View,
to conservation homes with a unique blend of
heritage and modern design like Heritage 9,
Soilbuild constantly innovates to redefine the
meaning of creating homes.
DISTINGUISHED BY DESIGN
leonie parcview
Artist’s Impression Artist’s Impression Actual development photo
Situated in the heart of Yishun, North Spring Bizhub is the
springboard for emerging businesses and the exchange
of business ideas. The 7-storey ramp-up business space
development integrates direct vehicular access, wide
driveways, good natural lighting and ventilation to provide
a conducive environment for clean, light and selected
general industries.
Perfect for general, warehousing, clean and light companies,
this multi-functional business space is the ideal new location
for SMEs. Featuring wide driveways, column-free layouts,
high ceilings, private loading and unloading as well as
terrace units integrated with approved dormitories,
Woodlands Bizhub offers companies an innovative and
complete business space solution in the north.
North Point Bizhub redefines the future of business space
in Yishun with its highly efficient layout and distinctive
architecture. With wide ramp-up driveways allowing direct
loading and unloading access to units, column-free layout
and ample private parking lots, North Point Bizhub aims
to provide SMEs with greater efficiency and convenience
through design innovation.
SPRINGBOARDS FOR GROWTH Leveraging on our strong track record,
hands-on knowledge and resources,
Soilbuild has developed an impressive
portfolio of business space properties
for sale. Our recent developments include
ramp-up developments like North Spring
Bizhub, North Point Bizhub as well
as terrace and flatted factories at
Woodlands Bizhub.
Artist’s Impression Artist’s Impression
Artist’s Impression
BUSINESSSPACE FOR SALE
Since 2005, Soilbuild has been building
innovative work spaces complete with
functional business infrastructure, stimulating
surroundings and a suite of lifestyle amenities
to inspire success. With a portfolio of more
than 3 million square feet in nett lettable
space, we continue to reach for new horizons
in environmental sustainability whilst
creating vibrant yet cost-effective business
environments to support the growing needs
of both MNCs and SMEs.
Our flagship business space developments for
lease include Eightrium @ Changi Business Park,
Solaris @ one-north as well as the upcoming
West Park BizCentral.
SPACE TO SUCCEED
Conveniently located at the junction of Tanjong Kling and
Pioneer Road in Jurong, West Park BizCentral comprises a
6-storey stack-up factory and 11-storey flatted factory purpose-
built for engineering, manufacturing, logistics and warehousing
companies. From lush open spaces in the atrium, to luxuriant
roof gardens and landscaped driveways, West Park BizCentral is
an ideal location for companies reaching out to new growth.
Strategically located in Changi Business Park, Eightrium
@ Changi Business Park provides a highly innovative
environment for the high-technology, R&D and knowledge-
intensive MNCs and SMEs.
The 8-storey development not only stands out with its
contemporary architecture, it also offers attractive layout
options and cost-saving features. The distinctive atrium,
open spaces and multi-layered gardens and rooftops are
perfect backdrops for product launches, corporate events
and lively social interactions.
Eightrium
Located in the heart of one-north, the multi-award winning
Solaris is the preferred address for info-communications, media,
science and engineering research and development companies.
The state-of-the-art 15-storey multi-tenanted building features
an array of green features such as a continuous spiral
landscaped terrace winding up to the roof gardens, a green
view corridor with central courtyards and a unique solar
shaft to create a naturally ventilated day-lit grand atrium.
Solaris also has sun shading devices and rainwater harvesters
to reduce solar heat gain and minimise water consumption.
Innovative green design features have won Solaris several
awards including BCA Green Mark Platinum Award, First Prize
in Skyrise Greenery Award by the Singapore Institute of
Architects and Singapore National Parks, and The Green
Good Design 2010 - The World’s Leading Sustainable Green
Design Award by the Chicago Athenaeum: Museum of Architect
& Design.
Artist’s Impression
Artist’s Impression
Actual Development Photo
BUSINESSSPACE FOR LEASE
Solstice Business Center is a design and build, turnkey
project commissioned by Solstice Development Pte Ltd
in 2010. With its ultra modern tinted glass facade and
smart layout for maximum space utilisation, the distinctive
8-storey multi-user development is specially designed for
the clean and light industries.
More than just design development, Soilbuild was also
responsible for procurement, construction management
and marketing of the business center. We were involved in
all aspects of the redevelopment project, transforming an
aging industrial building into a contemporary business
space complex. In addition to providing greater certainty
in cost and delivery, the collaboration leveraged on
Soilbuild’s track record in marketing business space to
enhance the value of the development. Through our
strategic marketing efforts targetting at new start-ups
as well as all businesses including MNCs in the clean and
light industries, the development was fully sold within
two months of its launch in December 2010.
A breakthrough turnkey development deal with Kolette
Pte Ltd, a wholly-owned subsidiary of CSC Holdings Ltd,
Soilbuild managed the design development, construction and
marketing of West Point Bizhub - a 60-year business space
development designed to provide an efficient workspace for
a wide range of general industries.
Our expertise in creating efficient business space for SMEs
is clearly evident in all 70 column-free terrace units, canteen
and other functional features like dual access for selective
units and wide driveways to facilitate smooth traffic flow.
Soilbuild also mitigated cost pressures through value
engineering, and with our extensive experience in marketing
business space, West Point Bizhub was fully sold in 2010.
We achieved a win-win outcome for both CSC and Soilbuild.
Leveraging on our strengths in project and construction management, extensive network and over thirty years of accumulated construction expertise, Soilbuild offers acomprehensive suite of real estate solutions encompassing all aspects of the property development cycle. These core capabilitiestogether with our focus on value engineering and design management drive value and ensure certainty of delivery for clients and partners.
Our range of services includes:
• ConstructionManagement• DesignandBuild• ProjectManagement• ProcurementandConstruction Management
INTEGRATED REAL ESTATE SOLUTIONS
Artist’s Impression
Artist’s Impression
INTEGRATED CONSTRUCTIONMANAGEMENTSERVICES
ANGULLIA PARK RESIDENTIAL
DEVELOPMENT
10 TOH GUAN
Artist’s Impression
Soilbuild was commissioned to undertake addition and
alteration works at 10 Toh Guan Road.
Soilbuild is undertaking the main construction of a
condominium housing development at Angullia Park
through a joint venture with OKP Holdings Ltd. Requiring
a minimum CONQUAS score of no less than 90 points, the
contract leverages on Soilbuild’s extensive construction
experience and quality delivery.
Solaris received its Temporary Occupation Permit.
Awarded tender for 60-year leasehold industrial site at Yishun Street 23. Proposed 7-storey ramp-up business space development, North Spring Bizhub is slated for launch in 1H2011.
Completed the divestment of Penjuru Logistics Hub aspart of the Group’s capital management strategy to enhance yields and returns.
Heritage 9 received its Temporary Occupation Permit.
JANUARY
Tuas Lot received its Temporary Occupation Permit.
MARCH
Awarded tender for an industrial site at Yishun Avenue 6. Proposed ramp-up business space development, North Point Bizhub was launched in September and fully sold.
APRIL
OCTOBER
Completed share split exercise of each share in Soilbuild into two shares.
MAY
NOVEMBER
Montebleu received its Temporary Occupation Permit.
JUNE
Successfully secured the award for the construction of a condominium development at Angullia Park through joint venture with OKP Holdings Ltd.
Completed voluntary delisting from Official List of the SGX-ST.
Breakthrough design and build, turnkey development project with Solstice Development Pte Ltd for the design, development and marketing of an 8-storey business space facility at New Industrial Road. The development, Solstice Business Center was launched in December and fully sold within 2 months.
AUGUST
DECEMBER
North Point Bizhub was launched in September and fully sold by December.
SEPTEMBER
HIGHLIGHTS OF 2010
OUR PORTFOLIOExcellence
Residential Developments
Business Space Developments
Description Location No. of units Est NSA (m sq ft)*
Meier Suites 55 exclusive suites in a Margate Road 55 0.13 condominium
Leonie 29-storey luxurious Leonie Hill 44 0.10 Parc View high rise condominium Road
Description Location Est NLA / NSA (m sq ft)*
For Lease
Solaris @ one-north State-of-the-art multi- Ayer Rajah Avenue, 0.43 tenanted business park facility one-north
Eightrium @ Changi Landmark multi-tenanted Changi Business Park 0.18 Business Park business park facility Central 1
Tuas Connection 15 units of detached & semi- Tuas Loop 0.65 detached business space
Kranji Linc 5 units of land-based Kranji Link 0.10 business space
Senoko Food Connection 3 units of land-based Senoko Crescent 0.04 factories for food industries
Penjuru Logistics Hub 5-storey multi-tenanted Penjuru Lane 0.37 warehouse & logistics business space
Goodvine Annex 10-storey functional business Tampines Street 92 0.08 space with showroom
West Park BizCentral Landmark multi-tenanted Pioneer Road 1.16 business city
For Sale
North Spring Bizhub 7-storey ramp-up multi-user Yishun St 23 1.25 business space development
The Mezzo A high-rise residential and Balestier Road 0.02 (office block) commercial development
SOLSTICEArtist’s Impression
SOLARIS
Actual Development Photo
* Estimated Nett Lettable Area / Nett Saleable Area (million square feet)
109.70
394.50
0.38
Net Profit (S$’M)
Net Tangible Assets (S$’M)
Net Debt Gearing Ratio (X)
FINANCIALHIGHLIGHTS
84.31
269.26
0.92
76.46
194.83
1.92
52.31
113.35
1.34
7.13
64.97
2.75
2010
2009
2008
2007
2006
2010
2009
2008
2007
2006
2010
2009
2008
2007
2006
2010 2009
S$’000 S$’000
Revenue 230,549 320,092
Cost of sales (138,784) (203,651)
Gross profit 91,765 116,441
Other gains, net 60,101 14,264
Expenses
Selling (1,150) (1,878)
Administrative (18,201) (16,603)
Finance (4,642) (8,454)
Others (852) (1,133)
Profit before income tax 127,021 102,637
Income tax expense (17,323) (18,331)
Net profit 109,698 84,306
Other comprehensive income, net of tax - -
Total comprehensive income 109,698 84,306
Net profit and total comprehensive income attributable to:
Equity holders of the Company 108,226 82,556
Non-controlling interests 1,472 1,750
109,698 84,306
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FINANCIALSTATEMENTS
FINANCIALSTATEMENTS
2010 2009 S$’000 S$’000ASSETSCurrent assetsCash and cash equivalents 125,901 66,682Trade and other receivables 168,385 232,496Deferred expenditure 363 302Development properties 103,747 128,344Properties held for sale 39,087 39,250Other current assets 908 602 438,391 467,676Non-current assetsProperty, plant and equipment 5,913 5,913Investment properties 375,958 249,950Intangible assets 3 1,833Deferred expenditure 1,572 1,205 383,446 258,901
Total Assets 821,837 726,577
LIABILITIESCurrent liabilitiesTrade and other payables 105,658 90,197Current income tax liabilities 15,989 26,270Borrowings 142,900 134,923Derivative financial instruments 918 1,294 265,465 252,684Non-current liabilitiesBorrowings 133,614 181,324Other payables 3,444 2,188Deferred income tax liabilities 24,748 16,225 161,806 199,737
Total Liabilities 427,271 452,421
NET ASSETS 394,566 274,156 EQUITYCapital and reserves attributable toequity holders of the CompanyShare capital 96,257 58,703Treasury shares - (257)Other reserves 658 5,067Retained profits 297,584 207,578 394,499 271,091
Non-controlling interests 67 3,065TOTAL EQUITY 394,566 274,156
STATEMENT OF FINANCIAL POSITIONAS AT 31 DECEMBER 2010
Business Space Developments for Sale
Ms Leo Jee Lin
Executive Director, Marketing & Leasing Division
Tel: 6415 7011
Fax: 6543 1818
Email: [email protected]
Integrated Construction Management Services
Mr Siew Tee Wang
Deputy General Manager
Tel: 6415 7053
Fax 6543 1818
Email: [email protected]
Residential Property Developments for Sale
Mr Steven Chew
Marketing Manager
Tel: 6415 7071
Fax: 6543 1818
Email: [email protected]
Business Space Developments for Lease
Mr Patrick Tang
Deputy General Manager
Tel: 6415 7098
Fax: 6543 1818
Email: [email protected]
CONTACTS
