MIDTOWN DEVELOPMENT PTE. LTD. Business Review
Business Overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about MIDTOWN DEVELOPMENT PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
- No positive highlights identified
Negative highlights
- Is relatively new
- No employer brand presence on career platforms
- May not have contact information online
- No official business profile found on major search engines
Corporate Information
64202
Other holding companies
Contact Information for MIDTOWN DEVELOPMENT PTE. LTD.
MIDTOWN DEVELOPMENT PTE. LTD.'s Business Reviews
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Public Preview of MIDTOWN DEVELOPMENT PTE. LTD.
This is only a preview of the TrustScore results for MIDTOWN DEVELOPMENT PTE. LTD., showcasing a few facets of its business that we have analysed.
Established Stage
A established brand is one that has achieved a strong, recognisable presence in its market or industry. These brands are well-known, trusted and often considered as key brands in their space. They have a significant loyal customer base, a clear and consistent identity, and a proven track record of success and growth.
Key Characteristics
- Strong Brand Recognition: MIDTOWN DEVELOPMENT PTE. LTD. is likely widely recognised by its target audience and beyond. These brands are usually household names with history, regional or global reach and financial might.
- Market Leadership: MIDTOWN DEVELOPMENT PTE. LTD. is often seen as a leader or key player in its industry. They dominate the market and often set trends for others to follow.
- Loyal Customer Base: It has a large and dedicated following of customers after 6 years of operation, often associated with brand value and loyalty.
- Consistent Identity: The brand’s mission, values, and visual identity are well-defined and consistently applied. The narrative is often relational and recognisable.
- Diverse Offerings: It has a robust and varied portfolio of products or services that cater to a wide range of customer needs. After sales service and customer support are usually well aligned with company’s offerings.
- Scaled Operations: The brand has the infrastructure, team, and processes to support its size and reach.
- Financial Stability: It generates steady revenue and often has significant market share.
Why It Matters
- MIDTOWN DEVELOPMENT PTE. LTD. represent stability, trust, and excellence.
- They have proven their ability to adapt, innovate, and thrive over time. However, even established brands must continue to evolve to stay relevant in a changing market.
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. MIDTOWN DEVELOPMENT PTE. LTD. is relatively new, having been operational for less than a year. Companies that have been established for a longer period of time are generally considered more reliable and trustworthy.
MIDTOWN DEVELOPMENT 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 MIDTOWN DEVELOPMENT 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.
MIDTOWN DEVELOPMENT 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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Worldwide Hotel Group submits top bid of $562.2 mil for Club Street hotel site
The top bid by Midtown Development for the Club Street site is also 22% higher than the $118 million ($1,760 psf ppr) paid by privately-held property developer EL Development for the former Singtel Tower site on Hill Street last February. “The high premiums paid for the Club Street site are due to the scarcity of centrally located hotel development sites,” says JLL’s Esposito. “Robust hotel economic fundamental and a positive market outlook also helped push up bid prices.”
A rare plot of land that’s zoned for a hotel near Singapore’s central business district has attracted a record bid as developers shift focus after last year’s property cooling measures. Midtown Development Pte, bid S$562.2 million ($415 million) for the site, the highest among eight offers received, the Urban Redevelopment Authority said Tuesday. The land adjacent to Club Street, an area known for its bars and restaurants, is the first such plot released by the government in five years. At S$2,148.50 per square foot, that sets a new benchmark for hotel sites, Nicholas Mak at ZACD Group Ltd. said.
A rare plot of land that’s zoned for a hotel near Singapore’s central business district has attracted a record bid as developers shift focus after last year’s property cooling measures. Midtown Development Pte, bid S$562.2 million ($415 million) for the site, the highest among eight offers received, the Urban Redevelopment Authority said Tuesday. The land adjacent to Club Street, an area known for its bars and restaurants, is the first such plot released by the government in five years. At S$2,148.50 per square foot, that sets a new benchmark for hotel sites, Nicholas Mak at ZACD Group Ltd. said.
Rare Singapore hotel site gets record bid after curbs
Midtown Development Pte Ltd bid S$562.2 million (RM1.7 billion) for the site, the highest among eight offers received, the Urban Redevelopment Authority said on Tuesday. The land adjacent to Club Street, an area known for its bars and restaurants, is the first such plot released by the government in five years. At S$2,148.50 per sq ft, that sets a new benchmark for hotel sites, Nicholas Mak at ZACD Group Ltd said.
17 January 2019
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.
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