Like I said pre-ipo, land is too valuable to be building car parks on land that's worth building a car park.
A car park will be last resort, Its an option even behind just leaving the land empty for the future possibility of building apartments.
Yes true there is a huge demand for car parks from the general public.... Its just that no one who owns land is willing to underutilise thier land for a car park.
How many car parks does this company need to build a year to justify thier current valuation? 5? I don't see it.
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