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GuocoLand needs to wow the market with a growth story

Kalpana Rashiwala
Published Thu, Oct 7, 2021 · 05:50 AM

GUOCOLAND seems to be going places.

The mainboardlisted group's Guoco Tower in Tanjong Pagar, completed a few years ago, showcases the group's ability to deliver an integrated mixed-use project that has transformed and uplifted the locale. In the Beach Road area, Guoco Midtown is poised to have a similar effect.

The group has also made a name for itself for residential developments, with Leedon Residence being a prime example. Yet, the stock is hardly covered by analysts and trades at slightly less than half its net asset value.

Among the assets in the group's books i…

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