Resilient

Ho Bee Land's return on equity figures over the years

* Lower net profit in 2020 due to S$32.8m net fair value loss on investment properties during Covid and S$25.9m writedown in net realisable value of Cape Royale project.
** Higher net profit in 2013 due chiefly to S$489.6m revaluation gain for The Metropolis, following the project's completion.
Table: BTVisual Source: HO BEE LAND