DBS keeps ‘hold’ call on APAC Realty with ‘healthy’ 1HFY2022 but sees slower 2HFY2022
DBS, in its Aug 9 note, explains that there’s a time lag of three to six months before profits from transactions are scheduled. Because of this, DBS is anticipating a slower 2HFY2022 for APAC Realty. “Though demand remains solid, exceeding supply, especially for the brand-new residences sector, this could be partially alleviated by the challenges […]