Raintree Gardens

Broker's Calls

Great expectations for UOL Group with healthy residential take-up & visibility

SINGAPORE (June 13): CGS-CIMB Research is reiterating its “add” call on developer UOL Group with an unchanged target price of $9.65, which is based on a 20% discount to RNAV.

Broker's Calls

This top developer pick has room to keep on running

SINGAPORE (May 15): Maybank Kim Eng is reiterating its “buy” call on UOL as its top sector pick, raising its price target to $8.30 from $7.93 to reflect the higher market value of UIC and target price of UOB.

Broker's Calls

UOL builds solid earnings visibility with recent acquisitions

SINGAPORE (Oct 10): CIMB is reiterating its “add” call on property developer UOL Group with a higher target price of $7.97 from $7.96 previously, after factoring in the group’s latest property purchases.

Broker's Calls

What does the recent spurt in en-bloc sales mean?

SINGAPORE (Oct 7): A rise in the number of en-bloc sales is signalling property developers are hungry for land amid a dearth in land bank supply, according to DBS Research.

UOL-UIC JV acquires Raintree Gardens with $334.2 mil winning bid in en-bloc sale

SINGAPORE (Oct 6): A JV between the subsidiaries of UOL and UIC has submitted the winning tender for the en-bloc purchase of Raintree Gardens residential development with a bid of $334.2 million has been accepted by members of the sale committee.