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Is It Time to Buy Singapore’s Blue-Chip Developers?
By Dividend Titan  •  August 23, 2021
Property development is a cyclical business. Property projects take between three to five years to complete. Sometimes, it takes longer if projects are massive. When times are good, property developers make a lot of money. When projects are completed in a down cycle, these developers get stuck with unsold properties. Property developers don’t have the explosive growth like technology companies. But rather, it’s a series of lumpy revenues and earnings. Singapore’s developers face limited land bids, periodic property measures and thin profit margins. You don’t find a consistent revenue growth line. And that’s normal. That’s why its shares are always stuck moving up and down. That’s why property stocks are always bouncing up and down. But never going up in one direction. It doesn’t mean this is a bad thing. Let’s look if there are any interesting Singapore developers: Singapore Blue-Chip Developer #1: CapitaLand (SGX:C31) CapitaLand will become CapitaLand Investment Management (CLIM) by end of 2021. CapitaLand will de-list its property development business....
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By Dividend Titan
I am Willie Keng and I help business owners and boutique investment firms do one thing: I build practical, effective investment processes that grow their AUM than their business can practically handle…
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