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
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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