Three developer stocks to snap up as Singapore property sales awaken
The research house’s top “buy” picks are City Developments Limited (CDL), CapitaLand and UOL Group at target prices of S$9.90, S$7.20 and S$3.60 respectively.
The research house’s top “buy” picks are City Developments Limited (CDL), CapitaLand and UOL Group at target prices of S$9.90, S$7.20 and S$3.60 respectively.
CapitaLand intends to open eight new shopping malls in 2017, six of which are retail components of integrated developments in China, and one each in Malaysia and India.
CIMB Group Holdings Bhd is bracing for a "slight slowdown" in home and car loans in 2017, as the banking sector contends with weak consumer sentiment, CIMB group consumer banking CEO Samir Gupta said.
Prime Minister Datuk Seri Najib Razak who is on a three day working visit to Tokyo which ends today, said the international tender process for the project is expected to take place in the last quarter of 2017.
Rafizi questioned whether there are enough exports to fully utilise the 600km ECRL as the 70km rail is not fully utilised now.
In a filing with Bursa Malaysia yesterday, Seacera said its wholly-owned subsidiary Seacera Properties Sdn Bhd is acquiring the company from two individuals, Ismail Othman and Zainab Mansor.
Auditor-General Tan Sri Ambrin Buang said his department and the Malaysian Anti-Corruption Commission have yet to receive any instruction to be part of the executive committee for the RM55 billion East Coast Rail Link project.
Lim rubbished the claim by Teng saying that it was dangerous slander.
Following Donald Trump’s victory in the US presidential election, the probability of a US Fed rate hike in mid-December has surged to 92%, based on the Fed funds futures rate.
Meritus Residensi will consist of 480 units of serviced apartments and 15 retail units with an estimated gross development value of RM220 million.