OSK believe the biggest gainers from the current upcycle are the mid- to high-end developers, particularly those with focus in developing landed properties and also have significant exposure in high growth areas.
As such, OSK top buys for the sector are UEM Land and SP Setia for mid- to large-cap property companies while Plenitude is top pick for small cap companies.
For the mid- to high-end residential properties, OSK top buys include BRDB and HunzaProp.
Below are the target prices and ratings for selected property stock.
|Stock||Price (RM)||Target (RM)||Market Cap (RM million)||Rating|
Source : OSK Research