I wrote an article on Bukit Sembawang some time in March recently which you can find here.Bukit Sembawang has recently announced their full year 2019 results which impresses on earnings, with full year NOPAT increasing by 100% year on year despite taking a hit in their Q4 earnings. On the topline, revenue and cost of sales increased by 265% and 451% respectively as compared to previous year. This resulted in Gross Profit increasing by 164% year on year. This is attributed to the higher development sales for profits recognized from 8 St Thomas, Nim Collection Phase 1 and 2 and Watercove. Comparing to the previous year, majority of the profits were only recognized from Nim Collection Phase 1 and Watercove. There is a huge impairment loss that they recognized in the 4th qu

Bukit Sembawang Estates Limited (B61.SI) is a property holding company that is listed on the Singapore Exchange.Bukit Sembawang started it's humble beginning as a rubber company back in 1911 before transitioned into a property developer in the 1950s.In 1968, Bukit Sembawang was incorporated in Singapore as a public listed company focusing on property development and investment.Bukit Sembawang is one of the pioneers company we have in Singapore and over the years they have built more than 4000 homes across different locations in Singapore."Homes for every generation" - is their main slogan of the company.Cooling MeasuresLike any other property developer, Bukit Sembawang is very much subject to regulatory rules and the various cooling measures the government has introduced in the past few ye