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residential market
Broker's Calls
Maybank turns neutral on property sector after government 'sucker punch'
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
July 09, 2018
Broker's Calls
Bukit Sembawang started at 'buy' on attractive valuations
SINGAPORE (Dec 14): Maybank Kim Eng Research is initiating coverage on Bukit Sembawang Estates at “buy” with a target price of $8.25, at a 20% discount to the research house’s RNAV of $10.31, on expectations of a cyclical earnings rebound in FY19/20
December 14, 2017
Adding developer Chip Eng Seng as residential market recovers
(Oct 9): Home prices rose 0.5% in the third quarter of this year, the first rebound in four years, according to flash data released by URA on Oct 2.
October 06, 2017
Broker's Calls
This property stock is standing tall amid a gloomy office market
SINGAPORE (Oct 6): RHB Bank is reiterating its “buy” call on property group Ho Bee Land with a price target of $2.68, and continues to like the stock for its management’s execution track record which it believes is the best among its reak estate pe
October 06, 2016