City Developments (CDL)

Broker's Calls

Securitisation of Nouvel 18 win-win for both CDL and investors

SINGAPORE (Oct 25): The securitisation of Nouvel 18 is a “win-win outcome” for City Developments (CDL) and investors with UOB Kay Hian maintaining its “buy” call with a target price of $10.36.

Singapore developers looking to replenish land bank

SINGAPORE (Oct 3): Singapore developers are keen to replenish their land banks as unsold inventories have fallen below the historical average.
UE Square

Broker's Calls

Sale of United Engineers could impact property market

SINGAPORE (Sept 30): United Engineers’ share price jumped 4.5% on Tuesday to close at $2.52 after Oversea-Chinese Banking Corporation and Great Eastern Holdings said they were reviewing their combined investments in UE and WBL Corporation.

Broker's Calls

CityDev to launch PPS scheme for Nouvel 18

SINGAPORE (Aug 2): Daiwa has maintained its “buy” call for City Developments (CDL), with a target price of $10.93.

Portfolio: We’re adding back CDL, Best World and Venture

SINGAPORE (July 8): Equity markets have recovered somewhat after Britain’s rattling vote to quit the European Union. However, we still expect elevated market volatility in the months ahead. To begin with, the British pound has continued its steep deprec

Broker's Calls

CDL kept at ‘buy’ by Daiwa following acquisition of remaining 50% stake in Nouvel 18

SINGAPORE (July 8): Daiwa has maintained its “buy” call for City Developments (CDL), with a target price of $11.21.

Broker's Calls

CDL kept at ‘buy’ by RHB with $9.04 target as shares take a beating

SINGAPORE (June 27): RHB is maintaining its “buy” recommendation for City Developments (CDL) with a revised target price of $9.04.
Singapore properties

Broker's Calls

CDL, UOL and CapitaLand top picks as CIMB keeps ‘overweight’ call on property sector

SINGAPORE (June 16): CIMB is maintaining its “overweight” call on the property sector on the back of an upsurge of sales in May, with "buy" calls and target prices of $10.32 for City Developments (CDL), $8.26 for UOL Group and $4.07 for Capita
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