CITY DEVELOPMENT LTD ... RNAV : $12.60 .. TARGET PRICE $10.50

# 💰 Stocks to watch today?(25 Dec)

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  • SPOT_ON
    ·12-23 10:46
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    //@SPOT_ON: Property buyers lapped up recent new launches - Emerald of Katong (99% sold at SGD2,621psf), Nava Grove (65% sold at SGD2,448psf) and Novo Place EC (57% sold at SGD1,654psf)
    Sales transactions in Nov’24-MTD of almost 2,000 units has exceeded that of 1H24, with sales driven by local home buyers as HDB resale prices remain firm, supporting homeowners in their upgrading journey
    Market share for Propnex (46% of transactions) has outpaced ERA (or APAC Realty) (28% of transactions); agency revenues for both likely to turn higher in 2025

    Prefer property developers (CityDev) which have substantial sell-through sales, with minimal downside risk to earnings / RNAVs

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  • SPOT_ON
    ·12-23 09:45
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    • SPOT_ONReplying toAyKing
      too undervalued !!
      12-23 09:52
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    • AyKing
      Price action looks promising.
      12-23 09:49
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  • SPOT_ON
    ·12-23 10:20
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    Property buyers lapped up recent new launches - Emerald of Katong (99% sold at SGD2,621psf), Nava Grove (65% sold at SGD2,448psf) and Novo Place EC (57% sold at SGD1,654psf)
    Sales transactions in Nov’24-MTD of almost 2,000 units has exceeded that of 1H24, with sales driven by local home buyers as HDB resale prices remain firm, supporting homeowners in their upgrading journey
    Market share for Propnex (46% of transactions) has outpaced ERA (or APAC Realty) (28% of transactions); agency revenues for both likely to turn higher in 2025

    Prefer property developers (CityDev) which have substantial sell-through sales, with minimal downside risk to earnings / RNAVs

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  • SPOT_ON
    ·12-23 09:40
    [Call] [Call] [Call] [Call] [USD] [USD] [USD]
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  • SPOT_ON
    ·12-24 10:23
    Great article, would you like to share it?
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  • KyiMoney
    ·12-24 08:09

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    • SPOT_ON
      [ShakeHands] [ShakeHands] [Heart]
      12-24 08:26
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  • Ivantan69
    ·12-24 02:45

    Great article, would you like to share it?

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    • SPOT_ON
      [Salute] [Salute]
      12-24 05:39
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  • blitudik
    ·12-24 05:16

    Nice

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    • SPOT_ON
      [Heart] [Like]
      12-24 05:39
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  • SunnyRainbow
    ·12-23 22:20

    Great article, would you like to share it?

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    • SPOT_ON
      [Salute] [Heart]
      12-24 05:39
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  • Sonsonkok
    ·12-23 22:16

    Great article, would you like to share it?

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    • SPOT_ON
      [Salute] [Like] [Heart]
      12-24 05:40
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  • SunnyRainbow
    ·12-23 22:07

    Great article, would you like to share it?

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    • SPOT_ON
      [Salute] [Salute] [Love] [Heart]
      12-23 22:10
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  • SPOT_ON
    ·12-23 19:24
    Great article, would you like to share it?
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  • Caydron
    ·12-23 16:30

    Wow

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    • SPOT_ON
      buy cheap
      12-23 16:31
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  • SPOT_ON
    ·12-23 09:36
    Great article, would you like to share it?
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