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Singapore's property sector 'overweight' under review by UOB on tapering residential supply

PC Lee
PC Lee12/7/2018 02:41 PM GMT+08  • 2 min read
Singapore's property sector 'overweight' under review by UOB on tapering residential supply
SINGAPORE (Dec 7): UOB KayHian is putting its “overweight” call for Singapore’s property sector under reviewing given the tapering of 1H19 GLS residential supply to prevent a glut.
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SINGAPORE (Dec 7): UOB KayHian is putting its “overweight” call for Singapore’s property sector under reviewing given the tapering of 1H19 GLS residential supply to prevent a glut.

Singapore to slow residential land sales as curbs crimp demand

“We like developers with higher proportions of recurring earnings streams such as CapitaLand (88% in 9M18) and Ho Bee Land (98% in FY17),” says UOB analyst Loke Pei Hao as her key picks.

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