The Business Times
business-time-50
HOCK LOCK SIEW

UOL has enough catalysts to remain a top pick despite the stock’s 39% gain year to date

CGS International, Citi and DBS Research have all ranked it as their top pick among listed Singapore developers this year

Summarise
google-preferred-sourceAdd BT as a preferred source
Jessie Lim

Jessie Lim

Published Tue, Aug 19, 2025 · 06:00 PM
    • Upperhouse at Orchard Boulevard moved 162 or more than 53.8% of its 301 units at an average price of S$3,350 per square foot over its launch weekend.
    • Upperhouse at Orchard Boulevard moved 162 or more than 53.8% of its 301 units at an average price of S$3,350 per square foot over its launch weekend. PHOTO: UOL

    [SINGAPORE] Property developer UOL has been on a bull run recently. And it might be entering a new growth phase.

    In the year to Tuesday (Aug 19), the stock is up 39 per cent at S$7.19, after hitting a multi-year high of S$7.30 on Aug 14.

    Already, Singapore’s largest developer by market capitalisation has been busy building up its pipeline of prime residential sites, completing major asset enhancement initiatives and redeveloping its Central Business District (CBD) assets. 

    Hock Lock SiewUOLProperty developers

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More