Home Capital Broker's Calls

2 property developers that stand to gain most from 15 residential sites currently up for grabs: Maybank

Stanislaus Jude Chan
Stanislaus Jude Chan4/11/2018 11:52 AM GMT+08  • 2 min read
2 property developers that stand to gain most from 15 residential sites currently up for grabs: Maybank
SINGAPORE (Apr 11): Maybank Kim Eng Research is reiterating its “positive” stance on Singapore property developers, amid fresh data points which reinforce its predictions of a property price rebound.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Apr 11): Maybank Kim Eng Research is reiterating its “positive” stance on Singapore property developers, amid fresh data points which reinforce its predictions of a property price rebound.

“New launches this year have achieved significant premiums over comparable projects launched in recent years. The price rebound appears to be broad-based with strong performance across all market segments,” says analyst Derrick Heng in a sector report on Tuesday.

Using housing transactions data up to mid-March, the Urban Redevelopment Authority (URA) has released preliminary estimates its private residential property price index (PPI) will rise by 3.1% q-o-q in 1Q18.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now