City Developments (CDL)

SINGAPORE (Aug 10): DBS Group Research is upgrading City Developments to “hold” from “fully valued” at an unchanged target price of $10.00.

SINGAPORE (July 23): Expected slowdown in demand for Singapore’s residential properties due to the recent cooling measures and gloomy near-term outlook for UK projects from slow progress of Brexit negotiations have forced RHB to downgrade City Developme

SINGAPORE (July 9): OCBC Investment Research is downgrading City Developments to “hold”, from “buy” previously, and slashing its fair value estimate by nearly 40% to $9.59.

SINGAPORE (July 7): Here are some charts for our technical analysis this week:

SINGAPORE (July 6): After warning of “market exuberance” in the property market for the past six months, the Singapore government has finally raised Additional Buyer’s Stamp Duty (ABSD) rates by 5 ppts and tightened Loan-to-Value (LTV) limits by 5 p

SINGAPORE (June 27): The divergence between the share price performances of Singapore developers and their actual business fundamentals has presented buying opportunities for investors, says OCBC Investment Research, who continues to hold a positive view

SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the current share price weakness among developers.

SINGAPORE (May 25): STI tests support at moving averages Despite a mild 16-point downward drift, the Straits Times Index is at an important juncture, as it tests the confluence of the 50- and 100-day moving averages at 3,507 to 3,510. Quarterly momentum

SINGAPORE (May 15): OCBC Investment Research and Phillip Capital are maintaining their respective “buy” and “accumulate” calls on City Developments.

SINGAPORE (Apr 18): According to Deutsche Bank, the Singapore property market continues to show strength.