executive condominium (EC)

Gamuda JV submits $319 mil winning bid for Anchorvale Crescent land

SINGAPORE (Sept 19): A joint venture of Gamuda Bhd’s Singapore unit has put in the winning bid of $318.89 million for a land parcel at Anchorvale Crescent.

Property

Singapore June private home sales down 20.2% from a year ago

SINGAPORE (July 16): Sales of private homes by developers in Singapore fell 20.2% in June from a year earlier, government data showed on Monday.

Property

Exec condos in the limelight as CityDev JV outguns rivals with $509 mil bid for Punggol EC site

SINGAPORE (Feb 28): DBS Group Research believes property developers are bullish on land-banking in executive condominium (EC) sites in Singapore due to limited supply in the near term.

Property

Private home prices continue to recover, but watch out for falling rents, rising supply

SINGAPORE (Jan 26): Prices of private residential property in Singapore is keeping up its recovery even as rental rates continue to decline, according to real estate statistics for 4Q17 released to

Broker's Calls

CityDev gets an upgrade on strong 1H17 home sales, upcoming launches

SINGAPORE (Aug 14): OCBC Investment Research has upgraded its call on City Developments (CityDev) to “buy” from “hold” with a higher fair value estimate of $12.39 from $10.50 previously, after upda

Broker's Calls

What’s sizzling at CDL?

SINGAPORE (Aug 12): UOB Kay Hian is maintaining its “buy” call on City Developments Limited (CDL) with a target price of $10.36.

Results

CDL’s 2Q earnings flat at $133.8 mil

SINGAPORE (Aug 11): City Developments Limited (CDL) posted earnings of $133.8 million for the 2Q ended 30 June, just 0.2% higher than $133.5 million a year ago.

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