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Broker's Calls
Amber Park project may sell for up to $2,400 psf when launched: OCBC
SINGAPORE (Oct 9): OCBC Investment Research is maintaining its “buy” call on City Developments Limited (CDL) while raising its fair value estimate to $12.90 from $12.39 previously after factoring in its recent site acquisition as well as firmer reside
October 09, 2017
Property
Singapore property stocks jump as big sales buoy sentiment
SINGAPORE (Oct 6): Shareholders of Singapore developers have another reason to rejoice: en-bloc sales are at a 10-year high, according to some estimates.
October 06, 2017
City Developments and JV partner acquire Amber Park for record-smashing $906.7 million
SINGAPORE (Oct 4): City Developments (CDL) and its joint venture partner have successfully acquired Amber Park at $906.7 million, setting the record as Singapore’s largest freehold collective sale by dollar value.
October 04, 2017