{"id":77324,"date":"2018-01-19T11:11:25","date_gmt":"2018-01-19T04:11:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-stocks-may-increase-by-up-to-15-percent\/"},"modified":"2018-01-19T12:02:54","modified_gmt":"2018-01-19T05:02:54","slug":"developer-stocks-may-increase-by-up-to-15-percent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-stocks-may-increase-by-up-to-15-percent\/","title":{"rendered":"Developer stocks may increase by up to 15 percent"},"content":{"rendered":"


\nAfter witnessing a good run in 2017 on expected property market recovery, developers who can turn anticipation to reality with higher selling prices and strong property sales will enjoy further re-rating, reported Business Times.
\nAs such, analysts favour property counters that are supported by a robust line-up of new launches.
\nDerek Tan, senior vice-president for group equity research at DBS, expects developer stocks to increase by at least 10 to 15 percent.
\n\u201c2018 is all about execution,\u201d said Tan. \u201cDevelopers will have to deliver on market expectations that the strong rebound in transaction volumes will continue in 2018, translating into strong take-up rates for upcoming new launches.\u201d
\nJPMorgan property analyst Brandon Lee, who also expect a re-rating of some property stocks in 2018, believes that the risk of an immediate profit-taking is low considering that the property market is still in the nascent stage of a potential three-year upswing.
\nWith this, most analysts see UOL Group and City Developments (CDL) as among the best large-cap proxies to ride the looming market ascent given their sizeable residential landbank in Singapore and decent exposure to the city-state\u2019s office sector, which is also experiencing an upcycle.
\nDBS Group Research\u2019s top picks include Frasers Centrepoint as well as small-cap developer Roxy-Pacific. Having land-banked ahead of its peers, the latter has seven freehold residential projects that are ready for launch in 2018.
\nRHB Research analyst Vijay Natarajan, on the other hand, favours the small-mid cap space in which stocks are trading at relatively higher discounts of between 30 and 50 percent.
\n\u201cWe believe the best way to play the recovery is a volume-driven play,\u201d he said. \u201cWe expect the property transaction numbers (in primary and secondary markets) to remain strong irrespective of price movements as developers are bound by ABSD timelines to launch and sell their units. Thus, our top pick is APAC Realty.\u201d
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Developer stocks may increase by up to 15 percent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After witnessing a good run in 2017 on expected property market recovery, developers who can...<\/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-77324","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-k7a","jetpack-related-posts":[{"id":92002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-stocks-down-4-despite-home-price-rebound\/","url_meta":{"origin":77324,"position":0},"title":"Developer stocks down 4% despite home price rebound","date":"June 21, 2018","format":false,"excerpt":"\r Property developers in Singapore sold fewer homes in the first five months of 2018 compared to last year. Developer stocks in Singapore fell 4.0 percent even as home prices rose by 7.0 percent year-to-date, reported Singapore Business Review citing a Maybank Kim Eng report. Based on Urban Redevelopment Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-eschew-property-developers-post-cooling-measures\/","url_meta":{"origin":77324,"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":41981,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/large-developer-stocks-to-benefit-from-a-home-price-rebound\/","url_meta":{"origin":77324,"position":2},"title":"Large developer stocks to benefit from a home price rebound","date":"January 26, 2017","format":false,"excerpt":"\r Analysts expect some announcement with regards to the property cooling measures at the upcoming budget speech. 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Despite a drop in third quarter earnings to $5.4 million, Bukit Sembawang saw its shares rise 7.84 percent to close at $5.23 on Thursday, reported the Straits Times. 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