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Broker's Calls
Why these two developers remain CIMB's top sector picks
SINGAPORE (Jan 16): CIMB is retaining its sector “overweight” on Singapore’s property market while anticipating for primary home sales to improve y-o-y to 11,000 to 12,000 units, and private home prices to rise by up to 5% y-o-y.
January 16, 2018
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.
August 16, 2017
Broker's Calls
This top developer pick has room to keep on running
SINGAPORE (May 15): Maybank Kim Eng is reiterating its “buy” call on UOL as its top sector pick, raising its price target to $8.30 from $7.93 to reflect the higher market value of UIC and target price of UOB.
May 15, 2017