City Developments - Phillip Securities 2026-01-05: Picking Up The Pace Of Divestments

• Divestment activity accelerated in 2025, with eight asset sales contracted totalling ~S$2.0bn. The most recent divestment of Quayside Isle was completed at S$97mil (S$2,205 psf) and an exit cap rate of 2.6%, representing a significant 47% premium to its book value of S$66mil.
• Strong take-up rates for newly launched projects, with Zyon Grand achieving 84% sales on its launch weekend in October at an average selling price of S$3,050 psf, reflecting resilient buyer demand.

Background

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Investments Merits/Outlook

Divestment momentum continues.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Read also Phillip's most recent report:
2026-03-05 City Developments - Unlocking Value Through Faster Recycling.

Price targets by 4 other brokers at City Developments Target Prices.

Listing of research reports at City Developments Analyst Reports.

Relevant links:
City Developments Share Price History,
City Developments Announcements,
City Developments Dividend Payout Dates & Corporate Actions,
City Developments News