UOB Kay Hian analyst Adrian Loh has maintained his “overweight” rating for the property sector in Singapore, with public and private property prices remaining strong in Singapore in 2022.However, with the Singapore government doubling government land sales (GLS) in 2022 compared to 2021, potenti...

OVER Sep 16 and 17, GuocoLand sold 508 units, or 84 per cent, of 99-year leasehold Lentor Modern’s 605 homes, at prices ranging from S$1,856 to S$2,538 per square foot (psf). Lentor Modern’s success follows strong take-up at recent launches of leasehold condominium developments in the Ou...

GuocoLand has sold 508 units – or 84 per cent – of its Lentor Modern project’s 605 units over 2 days during its launch weekend at prices ranging from S$1,856 to S$2,538 per square foot (psf).

GuocoLand has sold 508 units, 84 per cent of its Lentor Modern development’s 605 units, over two days during its launch weekend at prices ranging from S$1,856 to S$2,538 per square foot (psf).

Analysts are positive on Singapore’s residential sector in view of strong new launch sales momentum year-to-date (ytd) with take up rates at around 83% during launch weekends compared to 43%-64% in the past two years.The Singapore residential market is gearing up for two launches in September – ...

STRONG sales momentum for the latest 2 launches in the residential market — Sky Eden @ Bedok and Lentor Modern — will likely result in a further squeeze in supply and drive average pricing higher in H2 2022, albeit at a modest pace, said DBS in a report on Thursday (Sep 8).

DBS Group Research analysts Tabitha Foo and Derek Tan are keeping “buy” on GuocoLand as the property group’s net profit for the FY2022 ended June stood 151% above the analysts’ estimates.The analysts’ target price on the counter also remains unchanged at $2.30.In their report dated Sept 2,...

GUOCOLAND will commence previews for its Lentor Modern integrated mixed-use development this Saturday (Sep 2), with prices starting at S$1,880 per square foot (psf).

GuocoLand Limited has reported earnings of $392.7 million for the FY2022 ended June, over 2.3 times higher than the $169.1 million reported in the year before.For the 2HFY2022, earnings surged over 2.2 times to $325.2 million from $146.2 million in the 2HFY2021.The earnings surge for the FY2022 was ...

PROPERTY developer GuocoLand on Tuesday (Aug 30) posted a 122 per cent rise in net profit for the six months ended Jun 30, 2022.

THE following companies saw new developments that may affect trading of their securities on Tuesday (Aug 30):

Developers sold 834 new homes in the month of July, a 70.9% surge from the previous month. The strong sales last month was driven by the launch of AMO Residence in the Outside Central Region (OCR), which sold 366 units out of a total of 372 units or 98.4% of the project last month at a median price ...

While GuocoLand might be best known as a developer, chief executive Cheng Hsing Yao harbours ambitions to create a premium real estate brand in Asia as GuocoLand builds up its end-to-end capabilities.

GUOCOLAND has launched a collection of 6 large, double-storey homes at its Midtown Modern condominium in Bugis priced at S$15.5 million to S$17 million each or S$4,287 to S$4,701 per square foot (psf).

GUOCOLAND has launched a collection of 6 large, double-storey homes at its Midtown Modern condominium in Bugis priced at S$15.5 million to S$17 million each or S$4,287 to S$4,701 per square foot (psf).