Hong Leong

Broker's Calls

GuocoLand gets welcome exposure to prime district 9 from acquisition of Pacific Mansion

SINGAPORE (Mar 20): Maybank and CIMB are maintaining their "buy” calls on GuocoLand following news of the developer’s joint en bloc acquisition of Pacific Mansion for a total of $980 million.


Jiak Kim and Fourth Avenue see benchmark bids at tender close

SINGAPORE (Dec 5): The residential sites at Jiak Kim and Fourth Avenue sites saw benchmark prices set for both locations at the close of tenders on Tuesday.

Broker's Calls

Amber Park project may sell for up to $2,400 psf when launched: OCBC

SINGAPORE (Oct 9): OCBC Investment Research is maintaining its “buy” call on City Developments Limited (CDL) while raising its fair value estimate to $12.90 from $12.39 previously after factoring in its recent site acquisition as well as firmer reside