796 views

20 most valuable Singapore landowners

Guess which tops the list with over $7.36bn market capitalization.

Data obtained from Singapore Exchange show that CapitaMall Trust tops the list with market capitalization amounting to $7.36 billion.

It was followed by Ascendas Reit at $5.91bn and CapitaCommercial Trust at $4.69bn.

In a research note, OCBC notes that new measures, said to be the most comprehensive set of property cooling measures since Sep 2009 would also impact on industrial property as well.

"We believe the latest private residential curbs, consisting of more ABSDs, tighter LTVs and higher cash down-payments, are amongst the most onerous seen thus far, and would likely crimp buyer demand significantly."

OCBC said, developer stocks showing knee jerk reactions of 3%-7% price dips on these curbs but caution against buying on weakness for two reasons: 1) the latest set of cooling measures would likely have a deep and sustained impact on demand fundamentals, and 2) these curbs point to a strong political will to soften property prices and possibly more aggressive measures ahead.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.