City Developments (CDL)

On Jan 8, when investors were spooked by the assassination of an Iranian general by the US, most Singapore stocks turned red. Among the key heavyweight counters, ST Engineering was the standout, closing higher that day instead.

SINGAPORE (Dec 24): Analysts are remaining cautious on the Singapore property and real estate sector, as the city state’s property cooling measures keep the market lukewarm.

SINGAPORE (Dec 17): CGS-CIMB is keeping the Singapore property sector at “overweight” on the back of a 23% month-on-month increase in home sales recorded in November. 

SINGAPORE (Nov 25): As property heavyweights CapitaLand, City Developments (CDL), CDL Hospitality Trusts (CDLHT) and Ascott Residence Trust (Ascott REIT) band together to in a bid to redevelop the Liang Court site into an integrated development, market wa

SINGAPORE (Nov 25): CapitaLand has been busy with transactions this month. First, it proposed on Nov 1 to divest 28 US campus properties and two business parks in Singapore to Ascendas Real Estate Investment Trust (Ascendas REIT). On Nov 20, the develop­

SINGAPORE (Nov 21): The iconic Liang Court site along River Valley Road has seen better days. But now, the 35-year-old property could get a facelift in a massive deal involving City Developments (CDL), CapitaLand, Ascott Residence Trust (Ascott REIT) and

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On

SINGAPORE (Oct 28): CapitaLand and City Developments (CDL) commenced the preview of the residential component of their joint venture, Sengkang Grand, on Oct 25. The mixed-use development, which occupies a 3.7ha site in Sengkang Central and has seamless co

SINGAPORE (Oct 28): The International Monetary Fund has slashed its 2019 growth prediction for Singapore to 0.5%, down from its July estimate of 2%. This is IMF’s second downward revision for the city state; in its World Economic Outlook report in April

SINGAPORE (Oct 23): CapitaLand and City Developments (CDL) will commence the preview of the highly-anticipated Sengkang Grand Residences sales gallery on Friday, the property development giants say in a joint release.