Tuesday, 20 February 2018

APAC REALTY - POSITIVE TAKEAWAY FROM 2018 GOVERNMENT BUDGET PROXIMITY HOUSING GRANTS(PHGs)

We see Property Market Transaction HDB resales to continues its uptrending momentum given the 2018 GOVERNMENT BUDGET with regards to the upcoming Proximity Housing Grants(PHGs) which will kick into effect in the upcoming months ahead. This would boost APAC revenue & profit in 2018 given its strong 3th Quaterly results last year Nov 2017. We see a resistance at $1.10 and the ability to breakout from there will take it towards the $1.20 - $1.30 levels.
 
 

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