Singapore, Feb 3, 2026, 15:42 SGT — Regular session
- UOL shares were higher in afternoon trade, near the top of the day’s range.
- Brokers say property names have carried recent gains on valuations and new launches.
- Next focus: the city-state’s Budget on Feb. 12 and UOL’s full-year results on Feb. 26.
UOL Group Limited shares edged higher on Tuesday, last up about 1% at S$10.95 on the Singapore Exchange, according to the company’s market data.
The steady bid matters because investors are looking for proof that the re-rating in developers has legs. UOL and peers such as City Developments, GuocoLand and Frasers Property now face a tighter test: earnings and policy risk, not just momentum.
“Attractive valuations and optimism on new launches” have helped keep buyers in the sector, Paul Chew at Phillip Securities Research wrote in a strategy note this week. He also pointed to a “reduced risk” of fresh housing cooling measures — curbs such as higher stamp duties and tighter loan limits meant to slow price gains. POEMS
The broader market tone was firmer, with the Straits Times Index up about 0.9% in late afternoon.
A filing on the exchange showed UOL will announce its unaudited full-year 2025 results on Feb. 26. Unaudited means the figures are released before an external audit is completed.
Investors will look for updates on sales momentum at new projects and whether margins held up as land and building costs stay sticky. Any guidance on funding costs will also draw attention after several years of higher rates.
UOL spans property development and investment properties, alongside hotel operations and management tied to Pan Pacific Hotels Group, company information shows.
Another near-term catalyst is the FY2026 Budget statement on Feb. 12, to be delivered in Parliament by Prime Minister and finance minister Lawrence Wong, the Ministry of Finance said. Developers tend to watch for any signal on housing taxes, supply plans or other curbs.
But after a sharp run, the downside is easier to sketch. A surprise tightening in housing rules, or a jump in yields, can hit developers quickly, and a soft set of numbers from UOL would not help.
UOL has traded between S$10.77 and S$10.95 so far on Tuesday and sits below its 52-week high of S$11.34, according to market data. The next read-through for the stock comes on Feb. 12 and again on Feb. 26 when UOL reports.
