CityDev

SINGAPORE (Nov 11): Maybank Kim Eng continues to keep its “hold” recommendation on City Developments Limited (CDL) with an unchanged target price of $9.42, after its 3Q16 results came in line with the research house’s expectations.

SINGAPORE (Nov 10): Here are some factors and stocks that could move the market this Thursday morning:

SINGAPORE (Aug 12): UOB Kay Hian is maintaining its “buy” call on City Developments Limited (CDL) with a target price of $10.36. Here are a number of reasons why lead analyst Vikrant Pandey continues to remain positive on the developer and expects it

SINGAPORE (July 12): City Developments Limited (CDL) has taken a beating since the Brexit vote. But a potential Profit Participation Securities (PPS) following its Nouvel 18 acquisition could give it a much-needed boost.

SINGAPORE (July 7): City Developments’ (CDL) $410.96 million acquisition on Tuesday of Wing Tai’s 50% shareholding interest in Summervale Properties is believed to be motivated by Qualifying Certificate (QC) charges on due end-November.

SINGAPORE (July 5): Wing Tai Holdings is divesting its 50% stake in the 156-unit Nouvel 18 to City Developments for $410.96 million. Following the transaction, CDL will own 100% of the property.

You need to have the right entry price on the land to get the right price point in the sale to get your fat margin. And, historically, CDL had such a tremendous legacy land-bank that we had a straightforward proposition in that we could deliver products r