Some back information

Select a Subscription Plan

The Edge Digital 1 Year

S$ 99.90/Year

Unlimited access to online articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Enjoy 10% + 10% OFF + FREE $30 PRISM+ Voucher when you use promo code: TES1010. T&Cs apply.

The Edge Print and Digital 1 Year

S$ 139.00/Year

Weekly print edition delivered to your mailbox
Unlimited access to online articles
3 simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Enjoy 10% + 10% OFF + FREE $30 PRISM+ Voucher when you use promo code: TES1010. T&Cs apply.

For bulk or corporate subscriptions, please submit your enquiry here

You’ve chosen

Please wait...

You are about to be charged

Please wait...

Create an account to purchase your new subscription.

Email address Email address is empty or not valid

Password Password is empty or not valid

Confirm Password Password confirmation is not valid

By clicking continue, I agree to receive exclusive content, offers and updates to products and services from The Edge Singapore. I can change these preferences at any time.

Already has an account? Log in

Your Selected Plan

THE EDGE DIGITAL + PRINT 1 YEAR

Wdeekly print edition delivered to your mailbox
Unlimited access to online articles
3 simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

You’ve chosen

Please wait...

You are about to be charged

Please wait...

Already have an account? Log in to purchase your new subscription

Email address Email address is empty or not valid

Password Password is empty or not valid

Don’t have an account yet? Create Account

Your Selected Plan

THE EDGE DIGITAL + PRINT 1 YEAR

Wdeekly print edition delivered to your mailbox
Unlimited access to online articles
3 simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

You’ve chosen

Please wait...

You are about to be charged

Please wait...

Complete your address and check payment details

Delivery Address

First Name * First name is empty

Last Name * Last name is empty

Phone Number * Phone number is empty

City * City name is empty

Postal Code * Postal code is empty

State/Province * State/Province name is empty

Address Line 1 * Address Line 1 number is empty

Country * Country name is empty

Address Line 2 Address Line 2 is empty

Company Company is empty

My billing information is the same as my address information

Billing Address

First Name * First name is empty

Last Name * Last name is empty

Phone Number * Phone number is empty

City * City name is empty

Postal Code * Postal code is empty

State/Province * State name is empty

Address Line 1 * Address Line 1 number is empty

Country * Country name is empty

Address Line 2 Address Line 2 is empty

Company Company is empty

Additional charge will be applied for delivery outside Singapore. View the shipping rates here

Payment Details

The Edge Product

S$ 0.00

Shipping Charge

S$ 0.00

Subtotal (Excluding Taxes)

S$ 0.00

Coupon(TEST)

S$ 0.00

GST

S$ 0.00

Order Total

S$ 0.00

Your billing information must match the billing address for the credit card entered below or we will be unable to process your payment.

Card Number *

Card number is wrong

Expiry date *

CVC *

Some credit card error

Have a promo code?

Coupon error

Payment Details

The Edge Product

S$ 0.00

Shipping Charge

S$ 0.00

Subtotal (Excluding Taxes)

S$ 0.00

Coupon(TEST)

S$ 0.00

GST

S$ 0.00

Order Total

S$ 0.00

I have read and agree to the above terms, Terms of Service, & Privacy Policy. By agreeing to the Terms & Conditions, you will receive our daily e-newsletter and marketing maessages.

Subscription renews automatically. You can cancel anytime before your renewal date by emailing our Customer Service [email protected].

Payment Details

The Edge Product

S$ 0.00

Shipping Charge

S$ 0.00

Subtotal (Excluding Taxes)

S$ 0.00

Coupon(TEST)

S$ 0.00

GST

S$ 0.00

Order Total

S$ 0.00

Welcome!

Download our mobile app to bring our news with you on the go. Check your email for more details.

Please continue to enjoy access to our premium content.

Do you want to customise your notebook now?

Premium
Latest
News
Views
Issues
Capital
DigitalEdge
Options
Videos

Home / Capital / Brokers Calls

DBS initiates 'buy' on Ho Bee Land with TP of $3.80

Broker's Calls

DBS initiates 'buy' on Ho Bee Land with TP of $3.80

Felicia Tan Published on Thu, Jun 10, 2021 / 8:25 PM GMT+8

DBS Group Research analysts Dale Lai and Derek Tan have initiated “buy” on Ho Bee Land with a target price of $3.80.

The target price is based on a 40% discount to the brokerage’s revised net asset value (RNAV) of $6.28, write the analysts in a June 10 report.

“This represents [a] potential upside of 40%. The stock currently trades at price-to-net asset value (P/NAV) of 0.5 times and offers a yield of 4.0%, backed by stable cashflows from its office property portfolio,” they add.