SINGAPORE (Aug 7): Maybank Kim Eng Research says UOL Group remains its top pick in the Singapore real estate sector, with the developer looking set to ride on a rebound in property prices.
“Buoyant sentiment has enabled UOL to raise average selling prices (ASPs) for its residential projects in Singapore,” says analyst Derrick Heng in a Monday report.
Maybank is keeping its “buy” call on UOL with an unchanged target price of $9.05.
