RHB remains 'neutral' on Singapore property sector on expected slower volumes

By Samantha Chiew / The Edge Singapore | August 16, 2018 3:47 PM SGT
SINGAPORE (Aug 16): RHB is remaining “neutral” on the Singapore property sector on muted growth in property price in the coming months, impacted by the recent cooling measures.
The research house has a “buy” call on its top pick, CapitaLand with a target price of $3.95, as it remains minimally impacted by the recent cooling measures, and benefits from the continued build-up in its recurring income base and diversified exposure.
Read more on The Edge Singapore.