The Fly | RENX

Integrated Modular Construction Capability: SGD benefits from its direct access to advanced modular construction technologies through its affiliated manufacturing arm, enabling a streamlined and efficient development process from factory to final build.

Accelerated Project Delivery Timelines: Utilizing modular construction significantly reduces on-site construction time, allowing SGD to bring developments to market faster, optimize cash flow, and achieve quicker revenue recognition.

Enhanced Cost Efficiency and Predictability: Factory-controlled production leads to reduced material waste, lower labor costs, and more predictable project budgets compared to traditional construction methods, contributing to higher profit margins.

Real Estate Market Volatility: The company's profitability is highly dependent on the cyclical nature of the real estate market and property values.

Access to Capital and Financing Risk: Securing sufficient and affordable financing for development projects and modular factory operations can be challenging.

Construction Project Execution Risk: Potential for cost overruns, project delays, and quality control issues in both modular manufacturing and on-site construction.

Charts

Real Estate Market Volatility: The company's profitability is highly dependent on the cyclical nature of the real estate market and property values.

Access to Capital and Financing Risk: Securing sufficient and affordable financing for development projects and modular factory operations can be challenging.

Construction Project Execution Risk: Potential for cost overruns, project delays, and quality control issues in both modular manufacturing and on-site construction.