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

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

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.

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
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