$CityDev (C09.SG)$$UOL (U14.SG)$ [Share Link: Freehold Meyer...

Property launches is getting hot again in Singapore due to a lack of new land sales by URA.

Developer with existing landbanks have an advantage. CDL will be launching Norwood Grand and The Toa Payoh Lorong 1 site in this quarter. Sales interest is likely to remain strong due to the attractive locations of both sales sites.

Gap covering of CDL should bring this back to $6 OR HIGHER.