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Time to look at Singapore-listed blue chip developers

CDL, UOL and CapitaLand shares present investors with significant valuation upside if they can ride out this down cycle

Published Mon, May 25, 2020 · 09:50 PM

    Singapore

    PRIVATE home prices are poised for a moderate decline as unemployment looks set to rise and property viewings continue to be disallowed due to social distancing measures.

    But shares of the largest Singapore-listed developers look attractive as they are trading close to previous trough scenarios - presenting investors with significant valuation upside if they can ride out this down cycle, analysts said.

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