GuocoLand

SINGAPORE (Dec 7): Maybank Kim Eng is maintaining its “buy” call on GuocoLand with a higher target price of $2.95.

SINGAPORE (Dec 6): Singapore developers may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank’s warning on a potential oversupply may not play out for years.

SINGAPORE (Nov 17): Maybank Kim Eng Research remains positive on the Singapore real estate sector, even as its stock prices have rallied strongly, climbing close to 30% so far this year.

SINGAPORE (Oct 19): GuocoLand saw its earnings surge more than sixfold to $165.6 million for the 1Q ended September, from $25.6 million a year ago.

SINGAPORE (Oct 3): GuocoLand announced it has secured a commercial Beach Road site for the development of a new city centre work-live-play destination.

SINGAPORE (Oct 2): Maybank Kim Eng is reiterating its “buy” call on GuocoLand with an unchanged target price of $2.75, after the property developer last week emerged as the top bidder for a commercial site at Beach Road.

(Oct 2): Kwek, not Quek.

SINGAPORE (Sept 29): DBS Group Research says the record price paid for the Beach Road site in psf terms proves Singapore’s office sector remains an attractive physical asset class for investors.

SINGAPORE (Sept 29): Maybank Kim Eng says GuocoLand’s bid for the Beach Road commercial site has strengthened its case for the property group to start a REIT platform.

SINGAPORE (Sept 28): A GuocoLand and Guoco Group joint venture has put in the top bid of $1.622 billion, or $1,706 per square foot per plot ratio (psf ppr), for the 99-year leasehold commercial site at the former Beach Road Police Station.