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Brokers' take

Published Fri, Jan 12, 2018 · 09:50 PM

Real estate > Overweight Top picks: Capitaland > Buy RHB Research, Jan 12 Jan 12 close: S$3.78 Target price: S$4.20

APAC Realty > Buy RHB Research, Jan 12 Jan 12 close: S$0.93 Target price: S$1.20

WE expect property prices to rebound by 3-7 per cent in 2018, driven by a better job market aided by economic growth; strong surge in the en bloc market; and falling inventory levels. This should boost liquidity and result in replacement demand.

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