Welcome!
executive condominium (EC)
Gamuda JV submits $319 mil winning bid for Anchorvale Crescent land
SINGAPORE (Sept 19): A joint venture of Gamuda Bhd’s Singapore unit has put in the winning bid of $318.89 million for a land parcel at Anchorvale Crescent.
September 19, 2018
Property
Singapore June private home sales down 20.2% from a year ago
SINGAPORE (July 16): Sales of private homes by developers in Singapore fell 20.2% in June from a year earlier, government data showed on Monday.
July 16, 2018
Property
Exec condos in the limelight as CityDev JV outguns rivals with $509 mil bid for Punggol EC site
SINGAPORE (Feb 28): DBS Group Research believes property developers are bullish on land-banking in executive condominium (EC) sites in Singapore due to limited supply in the near term.
February 28, 2018
Property
Private home prices continue to recover, but watch out for falling rents, rising supply
SINGAPORE (Jan 26): Prices of private residential property in Singapore is keeping up its recovery even as rental rates continue to decline, according to real estate statistics for 4Q17 released today by the Urban Redevelopment Authority (URA).
January 26, 2018
Broker's Calls
CityDev gets an upgrade on strong 1H17 home sales, upcoming launches
SINGAPORE (Aug 14): OCBC Investment Research has upgraded its call on City Developments (CityDev) to “buy” from “hold” with a higher fair value estimate of $12.39 from $10.50 previously, after updating its valuation model with its latest assumptio
August 14, 2017
Broker's Calls
What’s sizzling at CDL?
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
August 12, 2016
Results
CDL’s 2Q earnings flat at $133.8 mil
SINGAPORE (Aug 11): City Developments Limited (CDL) posted earnings of $133.8 million for the 2Q ended 30 June, just 0.2% higher than $133.5 million a year ago.
August 11, 2016