|Bid||1.050 x 0|
|Ask||1.076 x 0|
|Day's range||1.0510 - 1.0550|
|52-week range||1.0400 - 1.1530|
|Beta (3Y monthly)||N/A|
|PE ratio (TTM)||1.87|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
How has the property cooling measures impacted City Developments Limited (SGX: C09)?
Singapore listed property group City Developments Ltd (CDL) saw its earnings grow 10.4% to $161.8 million for 3Q2018 ended September, from $146.6 million a year ago. The increase was due to higher revenue and earning recognised from the property development sales in Singapore. YTD September 2018, the group and its joint venture associates sold 787 units worth $1.56 billion in sales value.
SINGAPORE (Nov 8): City Developments saw its earnings grow 10.4% to $161.8 million for the 3Q18 ended September, from $146.6 million a year ago.
SINGAPORE (Oct 23): Despite the new property development policies, City Developments and Oxley debuted their latest properties, Whistler Grand and Kent Ridge Hill Residences respectively, last weekend. As at 1.20pm, shares in City Developments are trading at $8.15, while shares in Oxley are trading at 30 cents. In a DBS report on Tuesday, The Whistler Grand at West Coast is expected to have an average price of $1,380 psf, while Kent Ridge Hill at Pasir Panjang is expected to cost about $1,700 psf.
Sherman Kwek’s first 10 months as group CEO of City Developments Ltd (CDL) has been full of ups and downs, “akin to a roller-coaster ride”. As a third-generation chief of a sprawling real estate business with an illustrious history spanning more than 55 years and a market capitalisation of close to $9 billion, the 42-year-old Kwek is determined to prove himself. At the start of his tenure in January, Kwek declared to the entire organisation his manifesto: “A journey of renewal and transformation.” He even crafted a three-pronged strategy with the acronym GET: Growth, Enhancement and Transformation.
- GuocoLand (Singapore), the developer for Wallich Residence and Martin Modern won the most number of awards - eCO and The Venue Residences and Shoppes named Singapore's most sustainable buildings - Duo ...
A joint venture (JV) between CapitaLand and City Developments Ltd (CDL) has clinched a prime mixed-use site in the heart of Sengkang Central for $777.78 million
Singapore-listed property giant City Developments Limited (CDL) reported a strong performance for 2Q2018, with revenue up 59.2% y-o-y to $1.36 billion 47.6% to $2.42 billion for 1H2018. Net profit in 2Q2018 was up 48.9% to $235 million and for 1H2018, it was up 37.9% to $368.9 million.
City Developments Ltd (CDL) has emerged as the first Singapore property developer to have its carbon emission reduction assessed and validated by the Science Based Targets Initiative
City Developments Limited (CDL) will invest HK$237.81 million ($41.4 million) in China’s data-based real estate agency E-House, which has filed to list on the Hong Kong Stock Exchange by the end of this month.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to better understand how you can grow your money by investing inRead More...
City Developments Limited (CDL) will appoint Yvonne Ong as its CEO, commercial, from June 6. Prior to joining CDL this year, Ong had been at CapitaLand from 2011 and was commercial head of global asset management. Before that, she was head of real estate at Cambridge Industrial Trust Management Limited.
SINGAPORE (May 14): City Developments Limited (CDL) on May 11 reported 1Q18 earnings ended March dropped 16.3% to $80.0 million from $95.6 million in 1Q17.
Analysts have high expectations as it is near Tampines projects with prices that breached $1,102 psf. City Developments Limited (CDL) is lifting expectations after it announced that it is intending to launch its The Tapestry condominium project this coming Saturday on 24 March. OCBC Investment Research expects an average selling price of $1,250 psf for The Tapestry.
It did not have Hong Leong City Center’s revenue boost in 2016. City Developments Limited (CDL) profits crashed by 23.4% YoY to $186.7m in Q4 2017. Its full-year profit of $538.2m represented a fall of 17.6%, as it did not have its performance boosted by a sizeable contribution from Hong Leong City Center in Suzhou unlike in 2016.
Selling price of Handy Road units is poised to exceed $2,500 psf ppr. City Developments Limited (CDL) submitted the winning bids for two land parcels at Handy Road and West Coast Vale, the Urban Redevelopment ...
It will launch New Futura and the 861-unit condominium project at Tampines Ave 10. City Developments Ltd's (CDL) domestic land-bank is poised to benefit from stronger home sales at their launch pipeline ...
The chairman of City Developments Limited (CDL) Kwek Leng Beng defended the share price for the takeover of Millennium & Copthorne (M&C), which was contested by a group of shareholders. According to a letter, M&C’s operating performance has been weak in recent years and as a consequence, the shares in of the company have not performed well. "The CDL Board concluded that it would be in the best interests of all M&C shareholders for CDL to make an offer which will afford the minority investors in M&C the opportunity to exit their holdings at a material premium to the share price available in the market prior to the start of the offer period," Kwek said.
MCL Land and CityDev each have around 2,000 units of unsold land. This chart from DBS Equity Research shows developers MCL Land and City Developments Limited (CDL) have around 2,000 units each in unsold ...