UOL

OIR expects UOL’s financial position to remain healthy, as it has been able to balance its investments with divestments.

UOL will book a gain of $446.2 million

OCBC Investment Research's fair value estimate declines from $8.52 to $8.26.

Singapore private home prices have risen in the last four consecutive quarters by 6.2%.

CGS-CIMB analyst Lock Mun Yee has also forecast a 0% to 5% hike in private home prices for the FY2021, thanks to robust demand.

CGS-CIMB and DBS Group have maintained a buy rating on UOL Group despite it posting a 1H20 loss of $82.1 million.

SINGAPORE (Aug 28): A consortium led by UOL Group will start the public preview of Avenue South Residence, a 56-storey condominium at Greater Southern Waterfront on Friday.

SINGAPORE (June 19): CGS-CIMB Research is maintaining the Singapore property sector at “overweight” following a 28% month-on-month increase in home sales volume in May.

SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the current share price weakness among developers.

SINGAPORE (Mar 5): DBS's windfall dividend was the most "exciting" event over the two months of earnings reporting, says CIMB, given 4Q17 was not an impressive quarter for Singapore stocks.