Should non-property groups avoid buying property?
Listed property groups are generally not well-loved by investors, often trading well below book value, perhaps for good reasons.
Earnings from property development projects can be lumpy. For housing developers in Singapore, profit margins may be low and the risks of cooling measures are high.
The yield on marked-to-market valuations of investment properties is often unexciting. And plenty of capital could be tied up in owning low-yielding assets.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Opinion & Features
Putin will visit Xi, testing a ‘no limits’ partnership
Regulatory changes a catalyst for corporate service providers to raise their game
App stores are hugely lucrative – and under attack
Rather than Lawrence Wong’s choice of deputies, the post-GE Cabinet is the one to watch
Europe’s geoeconomic competitiveness challenge
As the Japan stock market hits new peaks, is it too late for investors to catch the rising sun?