Figure 1_Comfort Delgro analyst target price 30 Sep 22

Comfort Delgro drops back to pandemic lows! What gives? (30 Sep 22)

On 1 Sep, it was announced that Comfort Delgro (“CD”) will drop out of STI after being first included in the STI on 28 Jul 2010. Subsequently, there was turmoil in United Kingdom (“UK”) gilts and currency as UK government led by Prime Minister Liz Truss unveiled a (surprisingly) GBP45b plan to reduce taxes (click HERE for more information). Although CD may see some near-term price weakness, at Friday’s close of $1.32 (CD touched an intraday low $1.29 at the point of writing this), I personally believe most of the negatives may have already been priced in. Why am I […]

image 1 - enbloc cycle timeline

3 potential En-bloc hotspots that should be on property investors’ radar (28 May 2021)

This write-up was reproduced in entirety with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. In the previous 2017 En-bloc cycle, some resale properties in En-bloc hotspots saw price gains of up to 28%. (We wrote articles about these moves in a previous article, you can read about it HERE) Image 1: Enbloc Cycle Timeline, Source: JLL Given that En-bloc cycles tend to be 5 to 6 years apart, and the start of the last En-bloc cycle was in 2017, the next En-bloc cycle could […]