CapitaLand, CDL, UOL are CGS-CIMB's top picks as property market holds steady
As the private residential market is holding up well, CapitaLand, City Developments (CDL) and UOL Group continue to be the preferred picks of CGS-CIMB Research.
The brokerage notes that the valuations of property developers are “inexpensive” as they trade at 55% discount to their revalued net asset value.
……Read full article on The Edge Singapore - Latest News
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