Broker's Calls

Real estate sector expected to remain resilient

The real estate sector is expected to stand strong

Investing ideas

Will MAS give Singapore REITs more room to grow by increasing the gearing limit?

SINGAPORE (July 10): In an effort to allow Singapore REITs (S-REITs) to better optimise their capital structure, the Monetary Authority of Singapore (MAS) last week announced that it is considering increasing the current gearing limit to 45%.


Does the Singapore REIT rally still have room to run after surging 18% this year?

SINGAPORE (July 10): Analysts and investors are questioning whether the rally in Singapore’s beloved real estate investment trusts has room to run.
Property sector kept at 'overweight' by CGS-CIMB as monthly home sales volume picks up in May


Property sector kept at 'overweight' by CGS-CIMB as monthly home sales volume picks up in May

SINGAPORE (June 19): CGS-CIMB Research is maintaining the Singapore property sector at “overweight” following a 28% month-on-month increase in home sales volume in May.

Broker's Calls

3 stocks to shop as local consumer sentiment remains benign: RHB

SINGAPORE (Apr 5): RHB Research is maintaining its sector “overweight” on consumer stocks although it cautions of benign consumer sentiment for 2019, with Singaporeans expected to spend more prudently amid an uncertain macroeconomic outlook.

Broker's Calls

OCBC keeps 'overweight' on Singapore hospitality sector as REITs rally

SINGAPORE (Feb 7): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality space as the sector’s REITs – namely CDL Hospitality Trusts (CDL HT), Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) – rally

Broker's Calls

2019 will be a good year for hospitality, but risks from trade tensions remain: OCBC

SINGAPORE (Jan 16): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality sector as it sees value in some of the hospitality REITs under its coverage at their current unit prices.

Broker's Calls

Dairy Farm to ride on regional consumer sentiment uptick this year: RHB

SINGAPORE (Feb 19): RHB is maintaining “overweight” on Singapore’s consumer staples sector while highlighting Dairy Farm as its preferred “buy” pick with an unchanged target price of US$9.53 ($12.50) on expectations of consumption to pick up acr

Broker's Calls

'Pent-up demand' to drive Singapore's residential recovery this year: UOB KH

SINGAPORE (Jan 18): UOB Kay Hian is maintaining “overweight” on Singapore’s property sector with a preference for stocks with exposure to the residential, hotel and office segments as the market heads deeper into the upcycle.

Broker's Calls

Why these two developers remain CIMB's top sector picks

SINGAPORE (Jan 16): CIMB is retaining its sector “overweight” on Singapore’s property market while anticipating for primary home sales to improve  y-o-y to 11,000 to 12,000 units, and private home prices to rise by up to 5% y-o-y.