2 property developers that stand to gain most from 15 residential sites currently up for grabs: Maybank

By Stanislaus Jude Chan / The Edge Singapore | April 11, 2018 4:13 PM SGT
Maybank Kim Eng Research is reiterating its “positive” stance on Singapore property developers, amid fresh data points which reinforce its predictions of a property price rebound.
“New launches this year have achieved significant premiums over comparable projects launched in recent years. The price rebound appears to be broad-based with strong performance across all market segments,” says analyst Derrick Heng in a sector report on Tuesday.
Using housing transactions data up to mid-March, the Urban Redevelopment Authority (URA) has released preliminary estimates its private residential property price index (PPI) will rise by 3.1% q-o-q in 1Q18.