City Developments

Commentary

City Developments hits minority resistance in offer for hotel arm

(Oct 30): It was clear almost as soon as City Developments unveiled plans to take Millennium & Copthorne Hotels private that it would face resistance. The big question now is whether to raise its offer price, or just walk away. Or, come up with a plan to

Broker's Calls

How to play a dual-track Singapore stock market

SINGAPORE (Oct 3): Daiwa sees two tracks developing on the Singapore stock market.

In print this week

Are you ready for the next property boom?

SINGAPORE (Sept 29): It seems like only yesterday that property developers were complaining about punitive property cooling measures and struggling to get unsold units off their books.

Property

All eyes on Normanton Park collective sale as en bloc market heats up

SINGAPORE (Aug 23): The collective sale of privatised housing estate Normanton Park with a reserve price of $800 million will be closely watched, says CIMB Research.

Property

$970 mil bid for Tampines Court a ‘quantum leap of faith’ from Sim Lian

SINGAPORE (Aug 16): DBS Group Research is remaining cautious on news of property developer Sim Liam Group’s potential purchase of Tampines Court, which would represent the condominium property home owners’ third attempt for a collective sale.

Property

Property sector kept at ‘overweight’ by CIMB on robust July home sales

SINGAPORE (Aug 16): CIMB is maintaining its “overweight” call on property development and investment stocks given robust home sales in July which doubled from June as volume takeup continued to outpace new launches. Its top picks include UOL, CapitaLa

Broker's Calls

City Developments' robust balance sheet ready for deployment into new investments

SINGAPORE (Aug 14): RHB continues to like CityDevelopments for its robust balance sheet and ability to deploy capital into new investments.

Property

Hong Kong's property shadow leaves Singapore developers ahead

SINGAPORE/HONG KONG (Aug 14): Hong Kong’s property stocks are cheaper than Singapore’s, although not cheap enough to account for the risk that the world’s least affordable city could have a housing crash.

Why SPH needs to restructure itself

(June 27): The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The

Hot Stock

Investors still see value in Singapore developers

SINGAPORE (June 19): After sliding last week, Singapore developer’s stocks are smartly higher today as investors seem to do some bargain-hunting.
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