SINGAPORE (Apr 18): According to Deutsche Bank, the Singapore property market continues to show strength. The research house has picked City Developments (CDL) and UOL Group as its top buys. On Apr 12, Yanlord announced that the group and Hong Kong Land Holdings’ MCL Land have jointly won the tend...

SINGAPORE (Apr 17): CIMB Research is maintaining its projection that developers will launch 10,000 units of private homes in 2018, after total primary home sales rose 68% month-on-month to 788 units in March. According to analyst Lock Mun Yee, the higher month-on-month sales last month were underpin...

SINGAPORE (Apr 3): OCBC Investment Research is maintaining “overweight” on Singapore’s residential sector with the view that valuations remain compelling for developers. City Developments (CDL), UOL Group and CapitaLand have been named as the research house’s top buys with fair values of $15...

SINGAPORE (Mar 21): A rising tide is said to lift all boats. But amid a wave of en bloc deals on the back of improving sentiment in the Singapore property sector, SAC Advisors believes some developers could cruise to greater heights than others. “The rush to secure sites was driven by the overall ...

SINGAPORE (Mar 12): OCBC is optimistic on the operational and earnings outlook of big Singapore developers with strong recurring income streams from diversified investment properties. OCBC recommends investors skew their real estate equity portfolio bias towards Singapore developers or switch out of...

UOL Group on Thursday said that its interest in United Industrial Corp (UIC) has increased to about 713.8 million shares or 49.8 per cent of UIC's issued capital.

UOL Group on Thursday said that its interest in United Industrial Corp (UIC) has increased to about 713.8 million shares or 49.8 per cent of UIC's issued capital.

SINGAPORE (Mar 6): DBS is maintaining its “buy” call on UOL Group with a higher target price of $10.23, as the group is currently trading at an attractive valuation of about 0.8 times net asset value (NAV) following the consolidation of United Industrial Corporation (UIC). After accounting for U...

SINGAPORE (Feb 28): CIMB is reiterating its “add” recommendation on UOL Group with a target price of $9.67, which is based on a 20% discount to a higher RNAV of $12.09 after adjusting FY81-19 EPS estimates post the property developer’s 4Q results. See: UOL reports trebling of FY17 earnings to ...

SINGAPORE (Feb 28): Here are some stocks that could move the market this Wednesday morning: City Developments reported a 23.4% fall in 4Q17 earnings to $186.7 million while FY17 earnings came in 17.6% lower at $538.2 million. 4Q17 revenue increased by 13.8% to $1.3 billion while revenue for FY17 rem...

Submitted By:  Danielle Isaac Case Study:  No Its consolidation with UIC Group raised revenue. According to its financial statement, group revenue rose 46% to $2.10...

UOL Group is still on the lookout for more residential sites with strong attributes in Singapore, despite having secured a few sites ahead of the run-up in land prices.

SINGAPORE (Feb 27): UOL Group reported FY17 earnings trebled to $891.0 million from $287.0 million in FY16 after accounting for United Industrial Corporation (UIC) as a subsidiary. Attributable profit before fair value and other gains came in at $355.9 million for FY17, up 10% from the year before. ...

SINGAPORE: Property-related stocks saw a decline on Tuesday (Feb 20), a day after the Government announced in the Budget speech that the Buyer’s Stamp Duty (BSD) would be raised. UOL Group fell by 3.25 per cent and City Developments by 3.02 per cent at market close, while CapitaLand declined ...