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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

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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

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