{"id":58322,"date":"2017-06-19T09:52:53","date_gmt":"2017-06-19T02:52:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-stocks-rally\/"},"modified":"2017-06-19T09:59:24","modified_gmt":"2017-06-19T02:59:24","slug":"real-estate-stocks-rally","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-stocks-rally\/","title":{"rendered":"Real estate stocks rally"},"content":{"rendered":"


\n\u00a0
\nShares of Singapore-listed property players are poised to achieve their highest annual gain in five years, with experts believing that the good times would continue, reported Bloomberg.
\nSo far this year, developers and property trusts, including UOL Group and City Developments Limited, account for five out of 10 top-performing shares on Straits Times Index.
\nIn fact, the index tracking 42 Singapore property stocks increased by 16 percent, leading to its biggest annual gain since 2012. Comparatively, the city-state\u2019s benchmark gauge only rose by 12 percent year-to-date.
\nThis comes after the government rolled back several property cooling measures in March. This resulted in home sales doubling on an annual basis during the same month and it soared to its highest level in nearly four years, based on data from the Urban Redevelopment Authority (URA).
\n\u201cWe\u2019re in a recovery phase at this point. There are a number of macro prudential measures that are still weighing on the real estate market but we are definitely up from the bottom we saw early last year,\u201d noted Morgan Stanley equity strategist Sean Gardiner.
\nAccording to Desmond Loh from JPMorgan Asset Management, the second top-performing fund here this year, the housing market is witnessing a marked improvement in sentiment.
\nThis would benefit property players that have starting acquiring land for new developments, he shared, adding that vacancy levels are forecasted to drop in the next few years.
\nAndrew Gillan, head of equities for Asia excluding Japan at Janus Henderson Group, shared that the recovery bodes well for earnings of developers, particularly those that have amassed landbank at \u201creasonable\u201d prices.
\nNotably, developers have recently started to accumulate land for their developments. For instance, a Chinese consortium bought a residential site under the government land sales programme last month for a record price of S$1 billion. Other developers turned to en-bloc sales to beef up their land, spending a total of S$1.5 billion on four of such deals so far this year.
\nHowever, the rebound in residential sales hasn\u2019t been consistent. Official statistics revealed last week that transactions declined by 34 percent in May as fewer new projects were launched. Moreover, a significant rise in home sales may force the authorities to impose more cooling measures or slow the pace of easing.
\nThe risk is \u201cif volume really start to pick up quite strongly, then we will see more measures from the Monetary Authority of Singapore. That\u2019s something I can\u2019t rule out, it\u2019s certainly a possibility,\u201d added Nomura Southeast Asian equity strategist Mixo Das.
\n\u00a0
\nThis article was edited by Denise Djong.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Real estate stocks rally<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0 Shares of Singapore-listed property players are poised to achieve their highest annual gain in...<\/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-58322","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-faG","jetpack-related-posts":[{"id":100764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-surpasses-hk-in-luxury-home-price-growth\/","url_meta":{"origin":58322,"position":0},"title":"Singapore surpasses HK in luxury home price growth","date":"November 1, 2018","format":false,"excerpt":"\r View of luxury apartments in Singapore. Prices of high-end residential properties in Singapore, such as luxury condos, increased by 13.1 percent on an annual basis during the third quarter of 2018 due to bullish market sentiment in the first half of the year and a limited supply of such\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/11\/Knight-Frank-Global-Residential-Cities-Index-Q3-2018.jpg?fit=846%2C556&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":98473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-eschew-property-developers-post-cooling-measures\/","url_meta":{"origin":58322,"position":1},"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":6364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-arabtec-soars-as-ex-chief-hasan-ismaik-adds-to-stake\/","url_meta":{"origin":58322,"position":2},"title":"Dubai's Arabtec soars as ex chief Hasan Ismaik adds to stake","date":"February 29, 2016","format":false,"excerpt":"\r \r Arabtec's former chief executive Hasan Ismaik has added to his stake, helping to boost shares of the construction company the most in more than a year.The former CEO's holdings rose to 11.91 per cent on Monday from 11.81 per cent, according to data on the website of Dubai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95051,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-private-home-prices-rose-3-4-in-q2\/","url_meta":{"origin":58322,"position":3},"title":"Singapore private home prices rose 3.4% in Q2","date":"July 30, 2018","format":false,"excerpt":"\r The price growth in Q2 was slightly slower than the 3.9 percent increase in Q1.\u00a0 Singapore private home prices rose 3.4 percent quarter-on-quarter in Q2 2018 compared to a slightly faster growth of 3.9 percent in Q1, according to more complete data released by the Urban Redevelopment Authority (URA)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-posts-9th-largest-growth-in-home-prices-globally\/","url_meta":{"origin":58322,"position":4},"title":"Singapore posts 9th largest growth in home prices globally","date":"September 17, 2018","format":false,"excerpt":"\r Despite several rounds of property cooling measures, home prices in Singapore are still rising fast, according to a Knight Frank report.\u00a0 Prices of private non-landed homes in Singapore grew by 9.3 percent on an annual basis, representing the ninth highest growth in the world during Q2 2018, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120021,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-ranked-123rd-out-of-150-countries-for-residential-price-growth\/","url_meta":{"origin":58322,"position":5},"title":"Singapore ranked 123rd, out of 150 countries for residential price growth","date":"January 14, 2021","format":false,"excerpt":"\r Residential property prices in Singapore climbed by just 0.7% year-on-year in the third quarter of 2020. The Philippines topped the ranking, with its capital, Manila, posting a 34.9% year-on-year increase in residential property prices. Singapore has been ranked 123rd out of 150 countries as residential property prices in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/Residential-apartments-in-Singapore-v2-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58322"}],"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=58322"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58322\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=58322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=58322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=58322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}