{"id":41981,"date":"2017-01-26T09:30:14","date_gmt":"2017-01-26T02:30:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/large-developer-stocks-to-benefit-from-a-home-price-rebound\/"},"modified":"2017-01-26T11:51:48","modified_gmt":"2017-01-26T04:51:48","slug":"large-developer-stocks-to-benefit-from-a-home-price-rebound","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/large-developer-stocks-to-benefit-from-a-home-price-rebound\/","title":{"rendered":"Large developer stocks to benefit from a home price rebound"},"content":{"rendered":"


\nAnalysts expect some announcement with regards to the property cooling measures at the upcoming budget speech.
\nWith home prices set to make a comeback, analysts expect the government to signal its intention to review the property cooling measures during the budget speech in February, which could, in turn, boost the city-state\u2019s biggest developer stocks, reported Bloomberg.
\nHome prices have dropped by 11 percent since 2013, with sales falling to around half of that year\u2019s level, after the government rolled out a slew of cooling measures to curb soaring values. In 2016, however, the city-state witnessed a surge in home sales as developers moved more than 8,000 units, up nine percent from the previous year.
\nMeanwhile, an equal-weighted index of CapitaLand, CDL and UOL Group \u2013 Singapore\u2019s three largest developers by market value \u2013 has outperformed the Straits Times Index year-to-date after dropping by 3.6 percent last year.
\nCredit Suisse analysts revealed that Singapore developers are now trading at a one-year forward price-to-book of 0.7 times, which is an \u201cundemanding\u201d valuation close to its 2008 to 2009 lows.
\n\u201cWe believe the risk-reward to be attractive today, with a potential easing of measures a key upside optionality,\u201d wrote Oversea-Chinese Banking Corp Research Head Carmen Lee, a view also shared by analysts at CIMB Research and Credit Suisse AG.
\nAnd between buying stocks and physical property, Lee believes stocks \u201coffer you the liquidity and they are pricing in all the negatives\u201d.
\n\u201cThey may not outperform in the next one to two quarters, but if you ride this out for 18 months or so, you will see better upside,\u201d she noted.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Large developer stocks to benefit from a home price rebound<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Analysts expect some announcement with regards to the property cooling measures at the upcoming budget...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41981","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aV7","jetpack-related-posts":[{"id":98473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-eschew-property-developers-post-cooling-measures\/","url_meta":{"origin":41981,"position":0},"title":"Investors eschew property developers post cooling measures","date":"September 25, 2018","format":false,"excerpt":"\r Weak interest seen for developer shares in Singapore.\u00a0 Stock pickers are shunning home builders in favour of Singapore real estate investment trusts (S-REITs) following the imposition of new real estate curbs in July, reported Bloomberg. \u201cThe market had not expected the severity of the measures announced,\u201d said Vijay Natarajan,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47843,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/analysts-dont-see-significant-impact-of-tweaking-cooling-measures\/","url_meta":{"origin":41981,"position":1},"title":"Analysts don\u2019t see significant impact of tweaking cooling measures","date":"March 13, 2017","format":false,"excerpt":"\r The latest policy relaxation is seen as the beginning of the unwinding of cooling measures, an analyst said. Although analysts welcomed the move to ease the Seller\u2019s Stamp Duty (SSD) and the Total Debt Servicing Ratio (TDSR) framework, they do not expect the latest measures to have a significant\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-property-stocks-fall-amid-new-cooling-measures\/","url_meta":{"origin":41981,"position":2},"title":"Singapore property stocks fall amid new cooling measures","date":"December 17, 2021","format":false,"excerpt":"\r The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively. Singapore\u2019s property firms saw their shares drop on Thursday (16 December) following the Government\u2019s unexpected announcement of new property cooling measures,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/singapore-city.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":93485,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-developers-group-attacks-latest-government-measures-to-cool-states-property-prices\/","url_meta":{"origin":41981,"position":3},"title":"Singapore developers\u2019 group attacks latest government measures to cool state\u2019s property prices","date":"July 9, 2018","format":false,"excerpt":"\r A leading developers\u2019 group in Singapore has challenged the government\u2019s latest round of property-cooling measures, saying that there\u2019s no rationale for the planned steps as the market is only in the early stages of a recovery, The Straits Times has reported. Singapore\u2019s renewed clampdown on speculative property demand sent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/harder-hitting-cooling-measures-to-affect-home-sales-en-bloc-market\/","url_meta":{"origin":41981,"position":4},"title":"\u2018Harder hitting\u2019 cooling measures to affect home sales, en bloc market","date":"December 17, 2021","format":false,"excerpt":"\r \u2018Harder hitting\u2019 cooling measures to affect home sales, en bloc marketThe new Singapore property cooling measures might see a slow down in the new home sales for December and curbed momentum in the en bloc market. Analysts expect the latest property cooling measures, which describe as \u201charder hitting\u201d, to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/HDB-RESALE-PRICES.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":108720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-year-on-how-the-cooling-measures-came-and-shook-up-the-housing-market\/","url_meta":{"origin":41981,"position":5},"title":"One Year On: How The Cooling Measures Came And Shook Up The Housing Market","date":"July 4, 2019","format":false,"excerpt":"\r Today marks exactly one year since the Government dropped the surprise announcement that it was raising Additional Buyer\u2019s Stamp Duty (ABSD) rates and tightening Loan-To-Value (LTV) limits just after 7pm on July 5. The measures, which took effect the next day, came as a surprise, arriving just as property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/07\/higher-absd-rates.png?fit=851%2C617&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41981"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=41981"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41981\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}