residential

SINGAPORE (Dec 30): As Australia continues to rapidly expand its purpose built student accommodation (PBSA) offering with new supply of commercially-operated student beds, signs of potential oversupply are beginning to surface, particularly in Brisbane.

SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios

SINGAPORE (Nov 24): Property developer and technology firm Singapore eDevelopment says its subsidiary has sold a 13-acre Ballenger Run land parcel to US regional homebuilder, Orchard Development Corporation (ODC), for US$5.25 million ($7.5 million).

SINGAPORE (Nov 10): UOL posted a 14% drop in 3Q16 earnings to $87.1 million on lower gross profit margin and lower contributions from joint ventures.

SINGAPORE (Nov 10): UOB Kay Hian is keeping CapitaLand at “buy” with a target price of $4.05, after the property group on Wednesday announced a 28% increase in 3Q earnings to $247.5 million on better operating performance, boosted by contributions fro

SINGAPORE (Oct 24): Figtree Holdings and Vibrant Group announced its jointly owned unit, Vibrant Properties, has formed a 60-40 joint venture company Master Development Jiangyin with Fengteng International Trading Jiangyin.

SINGAPORE (Sept 14): NRA Capital continues to keep its “overweight” rating on property management services group LHN Limited, with a higher fair value of 28.5 cents on higher 3Q earnings.

SINGAPORE (Aug 23): Maybank Kim Eng is maintaining its “hold” call on Wing Tai Holdings with an unchanged price target of $1.71, while UOB Kay Hian is keeping its “buy” recommendation with a target price of $2.37.

SINGAPORE (Aug 11): City Developments Limited (CDL) posted earnings of $133.8 million for the 2Q ended 30 June, just 0.2% higher than $133.5 million a year ago.

SINGAPORE (July 27): NRA Capital is maintaining its “overweight” rating on LHN at a fair value of 22.5 cents on the company’s recent announcement of acquiring a 50% stake in Golden Mile Tower’s carpark at 6001 Beach Road.