UOL Group (UOL)

CGS-CIMB believes valuations for Singapore developers are still inexpensive.

Take a look at these stocks this week: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT

The board has proposed a first and final dividend of 15 cents per share for the FY2020.

December 2020 new home sales rose 130% y-o-y and 54% m-o-m to 1,265 units.

UOL says the 23-storey hotel will set a new benchmark for green hospitality including self-sustaining sky terraces which features rainwater harvesting systems and solar cells to light up the gardens.

SINGAPORE (Dec 17): CGS-CIMB is keeping the Singapore property sector at “overweight” on the back of a 23% month-on-month increase in home sales recorded in November. 

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On

SINGAPORE (Apr 22): The latest economic data released this past week paints a softer outlook. Non-oil domestic exports (NODX) data for March released on April 17 indicates Singapore growth contracted 11.7% y-o-y, a sharp swing from the growth of 4.8% y-o-

SINGAPORE (Mar 28): CGS-CIMB Securities is maintaining its “overweight” on property developers given higher possibility of unlocking value from older commercial assets.

SINGAPORE (July 6): After warning of “market exuberance” in the property market for the past six months, the Singapore government has finally raised Additional Buyer’s Stamp Duty (ABSD) rates by 5 ppts and tightened Loan-to-Value (LTV) limits by 5 p