SINGAPORE (Jan 18): UOB Kay Hian is maintaining “overweight” on Singapore’s property sector with a preference for stocks with exposure to the residential, hotel and office segments as the market heads deeper into the upcycle.
In a Friday report, lead analyst Vikrant Pandey shares some of his key takeaways from the Built Environment & Property Prospects Seminar 2018, which took place last week and saw industry experts echo UOB’s bullishness in the residential and office segments.
This included a strong pick-up in sales momentum and pricing in the local residential segment, led by the luxury market showing even earlier signs of recovery beginning in 2016... (Click here to read the full story.)