URA price index

Broker's Calls

CityDev a major proxy to residential market's sustained upturn: OCBC

SINGAPORE (Jan 15): OCBC Investment Research is reiterating its “buy” call on City Developments (CDL) with a higher fair value estimate of $15.30 from $13.50 previously, after updating its valuation model for firmer average selling price (ASP) assumpt

Broker's Calls

This developer is a crowd favourite in the property market

SINGAPORE (Oct 18): CIMB Securities and Credit Suisse are recommending City Developments Limited (CDL) as their top developer pick of the sector with target prices of $8.75 and $11.50 respectively.
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