THE Real Estate Developers' Association of Singapore (Redas) announced its new management committee for the 2019/2020 term, which is to be headed by City Developments Ltd (CDL) group general manager Chia Ngiang Hong as president.

THE Real Estate Developers' Association of Singapore (Redas) has announced its new management committee for the 2019/2020 term, with City Developments group general manager Chia Ngiang Hong as president.

CITY Developments (CDL) has priced S$125 million of five-year notes at a fixed coupon of 3 per cent under its S$5 billion medium-term note programme, according to data released by bookrunner DBS Bank on Wednesday.

City Developments has priced  S$125 million of five-year notes at a fixed coupon of 3 per cent under its S$5 billion medium-term note programme, according to data released by bookrunner DBS Bank on Wednesday.

SINGAPORE (Jan 7): CapitaLand has formed a 50:50 joint venture with an unrelated third party to acquire 70% of Pufa Tower in Shanghai, China, for RMB2,752 million ($546.3 million). Pufa Tower is 34-storey tall with three basement levels of car park. On completion of the transaction, CapitaLand and ...

The building was earlier jointly owned by a Keppel Corp fund and Singapore-listed property developer City Developments. The post ARA, UK property group Chelsfield buy Singapore office building in JV deal appeared first on DealStreetAsia.

SINGAPORE (Dec 11): DBS Group Research is reiterating its “hold” call on City Developments (CityDev) with a lower target price of $9.50. This is despite the stock trading at attractive valuations at close to 2SD below historical P/NAV average. In a Tuesday report, lead analyst Rachel Tan sees l...

SINGAPORE (Nov 22): Following a change of analyst, Phillip Capital is maintaining CapitaLand at “accumulate” with a lower target price of $4 compared to $4.19 previously, translating to a FY18E P/NAV ratio of 0.72 times. This comes after the real estate developer recently released its 3Q18 resu...

SINGAPORE (Nov 22): City Developments, CapitaLand, Singapore Telecommunications, Olam International and DBS Group Holdings have emerged as the top 5 Singapore Exchange (SGX) listed companies that adopt the best practices in sustainability communication. This is according to the latest findings from...

BROKERAGE OCBC Investment Research has upgraded its call on mainboard-listed City Developments Limited (CDL) to "buy" and increased the fair value estimate from S$9.81 to S$10.73. The upgrade comes as negatives from property measures announced in July are priced in, with shares in...

SINGAPORE (Nov 9): City Developments reported a 10% y-o-y rise in 3Q18 earnings to $162 million. Revenue jumped 18% to $1.02 billion. The better performance was largely due to higher residential development profits as well as a $12 million pre-tax gain from the sale of a property in Jalan Besar. Gr...

CITY Developments (CDL) said strong contribution from property development, especially its New Futura condo in Leonie Hill Road in Singapore, helped to boost the group's third quarter net profit by 10.4 per cent to S$161.8 million from the previous year.

SINGAPORE: City Developments Limited (CDL) said on Thursday (Nov 8) that its net profit rose 10.4 per cent in the third quarter and projected confidence in the market going forward, even as it cautioned against macroeconomic uncertainties and persistent headwinds for the Singapore residential ...

SINGAPORE (Nov 8): City Developments saw its earnings grow 10.4% to $161.8 million for the 3Q18 ended September, from $146.6 million a year ago. 3Q18 revenue rose 17.7% to $1.02 billion, from $863.8 million a year ago. The increase was due to higher revenue recognised from the property development ...

CITY Developments Ltd (CDL) posted a 10.4 per cent rise in third-quarter net profit to S$161.8 million from the previous year, the group said in a Singapore Exchange filing on Thursday evening.

SINGAPORE (Nov 2): Here are two charts for our technical analysis: Straits Times Index (3,116) The Straits Times Index rebounded by 150 points within four sessions to end the week at 3,116; resistance appears at the declining 50-day movng average at 3,141. Short term stochastics has rebounded from ...

Submitted By:  Arianna Danganan Case Study:  No City Developments Limited and DBS were amongst the first of its renewable energy certificates (RECs) buyers. SP Grou...

CITY Developments (CDL) has bought an office tower in London's 125 Old Broad Street - formerly known as the Stock Exchange Tower - for £385 million (S$686.48 million) amid an expected tightening supply of office space in the city.

Submitted By:  Luz Wendy Noble Case Study:  No It has a net lettable area of 329,200 sq ft with 26 floors. City Developments Limited (CDL) acquired a prime freehold...

CITY Developments (CDL) has bought an office tower at London's 125 Old Broad Street - formerly known as the Stock Exchange Tower - for £385 million (S$686.48 million) amid an expected tightening supply of office space in the city.

SINGAPORE (Oct 23): Despite the new property development policies, City Developments and Oxley debuted their latest properties, Whistler Grand and Kent Ridge Hill Residences respectively, last weekend. The two projects are targeted to launch officially on Nov 3. As at 1.20pm, shares in City Develop...

CITY Developments Limited (CDL)'s Whistler Grand condo will go at an average selling price of S$1,380 per square foot (psf), which the giant developer touts as the most affordable launch for the fourth quarter.

CITY Developments Limited (CDL)'s Whistler Grand condo at West Coast Vale will go on sale at an average price of S$1,380 per square foot (psf), which the giant developer touts as the most affordable launch for the fourth quarter.

SINGAPORE (Oct 16): CGS-CIMB Research is maintaining its “neutral” stance on Singapore’s property sector post the release of recent Urban Redevelopment Authority (URA) data, which reflected higher September monthly home sales of 944 transactions, up 51% m-o-m and 42% y-o-y. In a Monday report,...

SINGAPORE (Oct 2): CGS-CIMB Research is keeping its “neutral” stance on property developers amid slowing sales at new launches, following a slew of new property cooling measures introduced in July to curb rising home prices. “As property stocks’ performance has historically shown a high corr...

SINGAPORE (Oct 2): DBS is the first bank in Southeast Asia and one of five Singapore-listed companies to be included in the Dow Jones Sustainability Index (DJSI) Asia Pacific. The other Singapore-listed companies that were included in the DJSI Asia Pacific are CapitaLand, Golden Agri-Resources, Kepp...

SINGAPORE (Sept 28): Here are three charts for our technical analysis this week: STI daily (3,257) Further gains are likely. The market’s short-term uptrend ideally could run into resistance soon, as both quarterly momentum and the Straits Times Index move into resistance areas. However, since sh...