ECONOMY | Staff Reporter, Singapore

Daily Briefing: iPhone X launch draws out long lines; Parc Botannia to sell units for $548,000 and above

And here are guidelines on how to review a company against its rivals.

From Tech in Asia:

In a blast from the past, there are long lines already forming in cities around the world for tomorrow’s iPhone X launch.

After the iPhone 8’s muted rollout in late September, the lines of people willing to wait overnight suggest massive demand for the iPhone X – despite its US$1,000-plus price tag.

In Singapore, there are “hundreds” waiting for the iPhone X outside Apple’s freshly-opened store.

Read more here.

From The Motley Fool:

A company that has a competitive edge over its competitors can usually succeed in the long-term. This can be said for companies that operate in any industry, be it healthcare, technology or food and beverage.

Therefore, investors should compare some key aspects of a company’s business with its rivals to get a better picture of the company’s outlook. In this article, I will highlight three comparisons that we can make to identify companies with deep “economic moats” that can give it an edge over its competitors.

Read more here.

From PropertyGuru:

Parc Botannia, the last residential project to launch in 2017, will open its showflat to buyers on 11 November, said developers Sing Holdings and Wee Hur Holdings.

Sing Holdings owns a 70 percent stake in the development, while the remaining 30 percent is held by Wee Hur. The consortium was awarded the site last year after beating out 13 other developers with a top bid of $287.1 million.

The 99-year leasehold condominium comprises four 22-storey towers of 735 units. It sits on a 185,095 sq ft site along Fernvale Road next to Thanggam LRT station.

Read more here.

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