en-bloc

UOL’s indirect subsidiary, United Venture Development and CL Onyx, an indirect wholly-owned subsidiary of CapitaLand Singapore will undertake the acquisition on a 50:50 basis.

The analysts say current trends indicate that Singapore may be returning to the en-bloc fever in 2016-2017.

SINGAPORE (July 9): Maybank Kim Eng is downgrading its property sector weighting to “neutral” from “overweight” on the belief that the overhang on Singapore’s growth outlook and risk of further cooling measures will weigh heavily on the resident

SINGAPORE (Apr 4): Soochow SSD Capital Markets (SCCM) has started coverage on Oxley Holdings at “buy” with a target price of 63 cents, which is pegged at a 20% discount to end-2018 RNAV estimates.

SINGAPORE (Mar 9): Koh Brothers has submitted the winning bid of $120.4 million in a tender for the en-bloc sale of Toho Mansion at 186-200 Holland Road.

SINGAPORE (Oct 20): Deutsche Bank is positive on Singapore’s property market as it expects pricing power to return to developers.