Following strong primary home sales in August, CGS-CIMB analyst Lock Mun Yee has maintained her “overweight” call on Singapore’s real estate market. The Urban Redevelopment Authority (URA) reported that primary home sales last month came in at 1,307 units -- 1,256 excluding executive condomini...

A 99-YEAR leasehold condominium jointly developed by Hong Leong Holdings and City Developments Limited will begin previews by appointment from Sept 12, Hong Leong Group said in a statement on Wednesday.

A 99-YEAR leasehold condominium jointly developed by Hong Leong Holdings and City Developments Limited (CDL) will begin previews by appointment from Sept 12, Hong Leong Group said in a statement on Wednesday.

Previous investors in Gush included Singapore-listed property developer City Developments. The post SG’s Gush aims to raise up to $5m in pre-series A led by TNBAura appeared first on DealStreetAsia.

Singapore is “one step closer to dawn”, according to DBS Group Research analysts Yeo Kee Yan and Janice Chua, after companies’ earnings in 2Q20 bore the brunt of the global lockdowns with a sharp 14.9% cut in FY20F earnings for stocks covered by the bank. “With global economies reopening, ma...

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Despite facing impact from Covid-19 on all segments, City Developments Limited (CDL) is fixed on long-term recovery, with the hospitality sector expected to rebound after a vaccine is found, say analysts. PhillipCapital analyst Natalie Ong is maintaining “buy” on the company with a lower target ...

While optimism builds in Singapore on declining numbers of Covid-19 infection, investors should stick with defensives. This is because the global Covid-19 situation remains “fluid”, with cases of resurgence in some countries, says RHB analyst Shekhar Jaiswal in an August 24 note.  “We not...

A SUBSIDIARY of mainboard-listed City Developments Limited (CDL), Millennium & Copthorne Hotels New Zealand (MCK), on Friday said it had reached an agreement for the sale of a plot of land at 776 Colombo Street in Christchurch to the Roman Catholic Diocese of Christchurch.

Singapore’s tycoons saw their collective wealth rise from US$37 billion ($50.54 billion) to US$167 billion, representing a 28% rise y-o-y, despite the economic downturn. The Covid-19 global outbreak has seen Singapore enter into a technical recession after the city-state posted two straight quarte...