Wong and Chee note that the opening of the RTS could boost more outbound travel among Singaporeans to Johor Bahru (JB), as travel time will be cut to as low as 15 minutes.
In anticipation of the opening of the Johor-Singapore Rapid Transit System (RTS) at end 2026, DBS Group Research analysts have named Frasers Centrepoint Trust (SGX:J69U
) (FCT) and DFI Retail Group (SGX:D01) (DFI) as their two picks out of their defensive retail names.
Analysts Geraldine Wong and Chee Zheng Feng have a “buy” call on both and a target price of $2.70 and US$2.70 ($3.64) each. However, they have a “hold” rating for Sheng Siong Group (SGX:OV8) .
