City Developments Limited *Official* (SGX: C09)

[worldofgame]

can anyone give some advise for citydev currently
will it be a downtrend
i see around 10 red candlestick should one buy sell or hold? when will it go up and if it goes up to what price? 10.3? 10.4?

 

[Wood41]

From a low of $8 & finally $10.50 today.
Up 35 cents today after >50 cents jump last Friday.

 

[homedriver]

Lock profit more important

 

[Wood41]

$11.19 !
The local residential market should be bottomed out.

 

[Wood41]

$11.30.

 

[Perisher]

What's driving this one?

 

[BeHappyLo]

What's driving this one?

not the local portfolio of its land bank.

 

[SpinFire]

Break out Liao, $12 next!
Probably will start to see the revival of the Sg property market. Stock market moves 6 months ahead of the physical market.
It should also be bullish for banks as their mortgage loan demand will increase

 

[Wood41]

Ulu Bukit Batok new launch Le Quest tiagong
selling at $12xx psf .

 

[SpinFire]

Ulu Bukit Batok new launch Le Quest tiagong
selling at $12xx psf .

Wah another Qingjian development, they're really aggressive in Singapore.

 

[Wood41]

Local developers are not winning in land bids.
A rare SPH 轉行 , bid high & won Bidahari plot.

 

[Wood41]

$11.49 !
Good time for residential properties likely to
return soon.

 

[NewInvestor]

http://www.businesstimes.com.sg/real-estate/super-penthouse-at-sculptura-ardmore-sold-for-over-s60m

Reportedly sold at over $6,000 psf

Jsk

 

[Wood41]

$11.64 !
Up 38 cents !

 

[Perisher]

Half year result coming?

 

[Wood41]

More likely a signal of the local residential property market has bottomed out .

Half year result coming?

 

[BeHappyLo]

likely to be launch of sale of prime condo in Tokyo…………land bought in 2014 from estate of Seiko founder………..

 

[SpinFire]

More likely a signal of the local residential property market has bottomed out .

Seems like it. High volume rallies in several property stocks today. Increasing number of en-blocs and Developers bidding high prices for land.

Ppty stocks like CityDev and CapLand are way off from the 2007 highs though

 

[Wood41]

Like that & it jumped so much ?

likely to be launch of sale of prime condo in Tokyo…………land bought in 2014 from estate of Seiko founder………..

 

[Takodoro]

All property counter are raising due to:
1) Rising tide in STI. Property seems to always be the last sector to chiong
2) NDP round the courner --> once again speculation on property cooling during national day rally I guess. Same pattern every time.