Equity Analysis /
Singapore

SG : Property Devt & Invt - New property cooling measures

    Munyee Lock
    Munyee Lock

    Head of Regional Property

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    CGS-CIMB
    15 December 2021
    Published byCGS-CIMB

    New property cooling measures include higher ABSD rates and lower TDSR. Near-term sentiment and volume demand likely to be negatively impacted. Retain sector Overweight on valuation. Our picks remain CIT and UOL.