residential

HONG KONG (Jan 17): Hong Kong retained its title as Asia’s most expensive rental city for expatriates, while Singapore fell further down the ranking due to a slower economy and fewer relocations, according to consultancy firm ECA International.

SINGAPORE (Jan 16): Maybank Kim Eng remains “positive” on Singapore’s property sector while flagging UOL and City Developments (CDL) as the best large-cap proxies as the market continues its cyclical upturn.

SINGAPORE (Jan 2): Maybank Kim Eng is initiating coverage on Singapore’s retail REIT sector with a “negative” rating on the belief that rising rates, peak new supply in 2018 and fair valuations should restrain near-term price upside.

SINGAPORE (Dec 1): The Monetary Authority of Singapore has warned bankers, developers and potential property buyers to tread carefully amid a rapidly growing supply of new residential properties, soft rents, rising interest rates and slower population gro

SINGAPORE (Nov 30): RHB Research is starting coverage on APAC Realty at “buy” with a target price of $1.20 which is 15 times FY18 earnings or 15% lower than P/E of global peers.

SINGAPORE (Nov 24): OCBC Investment Research is maintaining its “buy” call on Wheelock Properties with an unchanged fair value estimate of $2.27, given the stock is attractively priced at 0.74 times FY16 book.

SINGAPORE (Nov 16): OCBC Investment Research is maintaining its “hold” call on KSH Holdings with a higher fair value estimate of 79 cents after updating its valuation model for the latest results and assumptions.

SINGAPORE (Oct 20): RHB is initiating coverage on Aspen (Group) Holdings, the Penang-based property developer, at “buy” with a target price of 31 cents based on a 45% discount to a RNAV estimation of RM1.5 billion ($480 million).

SINGAPORE (Oct 16): Singapore home sales fell in September as developers marketed fewer projects in a month considered inauspicious by Chinese homebuyers.

SINGAPORE (Oct 3): CIMB Research is keeping its sector “overweight” view on Singapore’s property development and investment sector following the URA property price index’s (PPI) reversal from its downtrend in 3Q17, bringing private residential pri