City Developments Limited stock nears 52-week high as Singapore rate-bottom calls lift property plays
City Developments shares rose 0.34% to S$8.90 Monday, nearing a 52-week high as 1.35 million shares traded. UOB said Singapore’s key interest-rate benchmark could bottom by Q2 2026. Institutions net bought City Developments in early January. Investors await U.S. inflation data and Singapore’s housing figures for further direction.