CDL

SINGAPORE (Feb 2): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million ($103.7 million) in an exchange of contracts.

SINGAPORE (Jan 17): Residential home sales including executive condominiums reached 12,432 units in 2016, an improvement of 21% over 2015 levels. Excluding ECs, home sales reached 8,363 units, which was still 8.3% higher compared with 2015.

SINGAPORE (Dec 8): The resurgence in volume growth and residential sentiment in the recent quarters is leading Credit Suisse to believe that these are an important first step towards a sustainable recovery in Singapore’s property sector.

SINGAPORE (Oct 28): Maybank Kim Eng is maintaining its “hold” rating on Wing Tai Holdings as it sees “limited upside” for the developer despite low valuations of 0.4 times book value. The research house is recommending investors look at Capitaland

SINGAPORE (Oct 25): New property launches have continued to draw crowds, following in the footsteps of the recent launch of Forest Woods and Alps Residences last month, according to analysts Rachel Tan and Derek Tan from DBS Vickers.

SINGAPORE (Oct 21): Maybank Kim Eng is maintaining its “hold” call on City Developments Limited (CDL) with a target price of $9.42, citing the lifting of a key stock overhang in Nouvel 18.

SINGAPORE (Oct 21): Here are some factors and stocks that could move the market this Friday morning:

SINGAPORE (Oct 21): City Developments Limited (CDL) announced that it has agreed to exit Summervale Properties, which own Nouvel 18, a freehold residential development on Anderson Road, through its third profit participation securities (PPS).

SINGAPORE (Oct 18): City Developments Limited (CDL) announced that its special purpose company, Iconique Tokutei Mokuteki Kaisha has signed an agreement with Mitsui Fudosan Residential for a 20% stake in a prime residential development in Tokyo.

SINGAPORE (Sept 28): A dual track has emerged in the mid- and mass-market segments of Singapore’s property sector, according to RHB Research.