Singapore, Jan 30, 2026, 15:23 (SGT) — Regular session
- City Developments shares held steady at S$9.34 in late afternoon trading.
- Singapore’s central bank kept its policy unchanged but flagged that risks to growth and inflation leaned on the upside.
- CDL plans to announce its FY2025 results before trading opens on Feb 27, followed by a briefing at 10 a.m.
City Developments Limited shares held steady at S$9.34 as of 3:18 p.m. local time on Friday, following volatile moves earlier in the week on the Singapore Exchange. The stock reached an intraday peak of S$9.48 on Wednesday, then fluctuated between S$9.26 and S$9.46 on Thursday. (SG Investors)
The pause is crucial as Singapore property developers face the same straightforward dilemma: will financing conditions loosen or remain tight? A more stable policy stance could bolster valuations, yet a tougher approach risks dampening buyer interest and keeping borrowing costs high.
City Developments is focusing on its upcoming earnings. The company plans to release unaudited results for the year ending Dec. 31, 2025, before trading opens on Feb. 27. It will also hold a briefing with analysts and the media at 10 a.m. that same day. (SGX Links)
The Monetary Authority of Singapore kept its exchange-rate policy unchanged on Thursday but flagged that risks to growth and inflation remain “tilted to the upside.” OCBC economist Selena Ling described the statement as “a tad more hawkish,” while Maybank’s Chua Hak Bin noted “simmering inflation pressures” starting to surface. Instead of setting a benchmark interest rate, MAS manages monetary policy by steering the Singapore dollar’s trade-weighted path, known as the S$NEER, tweaking the slope and other policy band parameters. Meanwhile, the Federal Reserve held U.S. rates steady on Wednesday, Reuters reported. (Reuters)
City Developments ranks among Singapore’s biggest property groups, operating across property development, hotels, and investment properties. (Reuters)
Investors are scanning for clues on Singapore’s residential sales trends, pricing strength, and how quickly projects will roll out through 2026. Comments on asset sales and debt strategies also catch the eye, since real estate firms frequently recycle capital to back new developments.
A stronger Singapore dollar has a double edge. It eases import costs and inflationary pressure, yet a tougher currency may squeeze tourism-related hotel demand slightly and dent overseas earnings when converted back.
The downside scenario is clear. Should inflation jump higher than expected and policymakers push for tighter measures later this year, mortgage rates could rise, dampening buyer sentiment. That would leave developers with less wiggle room to protect their margins.
The next key date is set: City Developments will release its FY2025 results on Feb. 27 before markets open. Investors will focus on any changes in sales momentum, funding costs, and the company’s outlook for 2026 launches.
