Guocoland

HOCK LOCK SIEW

GuocoLand’s rationale for privatising its Malaysian arm not strong

But the proposed move could be the SGX-listed group’s way of priming itself to be privatised in future

GuocoLand controls 65.03% of GLM via a wholly owned subsidiary.

GuocoLand seeks to take Malaysian unit private at RM1.10 per share

This represents a 17.7% premium to GLM’s last-traded share price of RM0.935 on Jan 30, property developer says

Guocoland controls over 65% of Guocoland Malaysia’s shares.

Billionaire Quek Leng Chan said to weigh taking Guocoland Malaysia private

The 82-year-old Malaysian tycoon has a net worth of US$7.4 billion, according to the Bloomberg Billionaires Index

Developers are increasingly signalling that they are ready to enter a new growth phase, DBS Research says.

DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand  

The increase comes on lower interest rates and plans by these firms to recycle capital and rejuvenate assets

Launching a Reit could drive a significant rerating in GuocoLand's share price going forward, says the writer.
HOCK LOCK SIEW

GuocoLand and IOI Properties should pool assets worth S$12.5 billion for a Singapore office-led Reit

Leverage softer interest rates and the clamour for premier assets 

Keen demand: Penrith will be the first private residential project launched in Queenstown since 2018

Penrith sells 97% of project at average S$2,800 psf; Faber Residence moves 86% at average S$2,160 psf

Queenstown and Clementi projects ring up firm sales after near sell-out of Holland Village condo last week

 It will be the first private residential project launched in Queenstown since 2018.

Hong Leong Holdings to launch Penrith with prices from S$2,437 psf  

The Queenstown project comprises 462 units ranging from two to four-bedroom apartments across two 40-storey towers

Faber Residence is near multiple established educational institutions and job centres.

GuocoLand to launch Faber Residence with prices starting at S$1,995 psf

The project comprises 399 units of two- to five-bedroom apartments in nine five-storey blocks

Sustained demand from homebuyers is expected to extend revenue growth at agencies and developers into the near to medium term.

Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pipeline

Analysts raise calls and target prices for CDL, UOL, GuocoLand and agencies PropNex, Apac Realty