City Developments (CDL)

SINGAPORE (Mar 4): City Developments (CDL) is expanding into the rapidly-growing UK private rented sector (PRS) with the acquisition of a £15.4 million ($27.5 million) freehold site from Alpha Real Trust.

SINGAPORE (Feb 22): Singapore’s second-largest developer has a suggestion for the government: re-position the billionaire enclave of Sentosa as a tourism mecca like Bali.

SINGAPORE (Nov 9): City Developments reported a 10% y-o-y rise in 3Q18 earnings to $162 million. Revenue jumped 18% to $1.02 billion.

SINGAPORE (Nov 2): Here are two charts for our technical analysis:

SINGAPORE (Oct 23): Despite the new property development policies, City Developments and Oxley debuted their latest properties, Whistler Grand and Kent Ridge Hill Residences respectively, last weekend.

SINGAPORE (Oct 16): CGS-CIMB Research is maintaining its “neutral” stance on Singapore’s property sector post the release of recent Urban Redevelopment Authority (URA) data, which reflected higher September monthly home sales of 944 transactions, up

SINGAPORE (Sept 28): Here are three charts for our technical analysis this week:

SINGAPORE (Sept 18): CGS-CIMB Securities is remaining “neutral” on Singapore’s property sector after Aug 2018 private monthly home sales came in at 639 units, down 60% y-o-y and 64% m-o-m.

SINGAPORE (Sept 7): Here are two charts for our technical analysis this week:

(Aug 14): If Sherman Kwek sounds annoyed, he has his reasons — 2.9 million sf worth of reasons.