Asset ManagementRecent successful asset divestments have generated handsome gains, with further unlocking of deep, hidden value of 'legacy assets' presenting significant potential upside for NAV.
Development ProjectsStrong residential sales in Singapore, with The Orie seeing 91% of its units sold and other projects also performing well.
ValuationCity Developments is trading at an attractive valuation at 0.6x P/NAV, below the low seen during the global financial crisis, indicating a good long-term buy opportunity.