Keppel Land acquisitions will focus on residential, 3 other development types

See what the rest are.

Singapore and China represent the core markets of Keppel Land, and DBS Group believes that the group will continue to selectively acquire prime sites in these two countries for residential, township, commercial and mixed developments.

"In terms of new launches, there could potentially be 1,187 apartments in Seasons Residence in Shanghai and 510 landed homes in Nantong and Chengdu on offer. In Singapore, it plans to launch its 500-unit condo at Tiong Bahru in 1H14," said DBS.

DBS foresees higher residential development contributions from Singapore, with the recent launch of The Glades, where 89 units (12% of total) were sold at an ASP of $1518psf.

There are also 2,754 units in China to be completed and recognized in FY14, notes the research firm.

DBS Group reckons that with a current gearing 0.44x, the group has deep balance sheet capacity of S$1.1bn debt headroom assuming a gearing of 0.6x.

Should Keppel Land continue to successfully reinvest this huge balance sheet capacity and see robust sales in both China and Singapore, then the stock's share price should jump accordingly.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia