I can anticipate that Soon Hock’s upcoming August 2026 earnings report (1H2026 results) will look highly robust, primarily driven by recognized revenue from the recently completed Stellar @ Tampines mega-project.
Key
Tailwinds Driving Soon Hock’s 1H2026 results
Two project
milestones to support a bullish outlook:
- Stellar @ Tampines Revenue Spillovers: While
partial revenue from levels 1–8 was booked in late FY2025, the project
secured its full Temporary Occupation Permit (TOP) on 10 February 2026.
It is expected that remaining revenue recognition from this single
development will inject an estimated S$100 million to S$150 million
into their FY2026 books, heavily impacting the first half of the year.
- New Pipeline Monetization: The developer
launched Skye @ Tuas (a 313-unit development with a Gross
Development Value of S$354 million) in 2Q2026. Early booking deposits and
initial sales contracts from this launch will begin reinforcing their cash
position. This will likely provide a clear runway for stable top-line
performance moving into the back half of the year.
Prescientsuper
https://superphang.blogspot.com
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