GuocoLand - DBS Research 2026-02-23: Meaningful RNAV Uplift From A High-Conviction Launch

• Over the weekend, GuocoLand (SGX:F17) previewed River Modern, its latest luxury riverfront development adjacent to the Singapore River in prime District 9. The development will be directly connected to Great World MRT station and Great World shopping mall, while River Valley Primary School is located across the road.

• - Read this at SGinvestors.io -

Our view:

• We visited the showflat last Friday evening on the first day of preview and the crowd was bustling. It was also reported in the media that there were more than 7,000 visitors over the Chinese New Year weekend.

• - Read this at SGinvestors.io -
• last land plot offering Singapore River views (70% of units) as the nearby River Valley Green (Parcel C) land tender launching in April 2026 will not have river views;
• attractive starting quantum of ~S$1.5mil;
• strong sales at previously launched River Valley projects, with less than 17% inventory left across River Green Promenade Peak and Zyon Grand; and
• GuocoLand’s superior branding.

Uplift to RNAV

• Read more at SGinvestors.io.

Tabitha Foo DBS Group Research | https://www.dbs.com/insightsdirect/ 2026-02-23

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