In forgotten parts of Singapore's iconic Orchard Road shopping street, a new era is taking shape [CNBC]
CITY DEVELOPMENTS S/ADR (CDEVY)
NASDAQ:AMEX Investor Relations:
ir.cdl.com.sg
Company Research
Source: CNBC
Many of the older properties along Orchard Road's periphery will be redeveloped with incentives provided by the Urban Redevelopment Authority (URA), Singapore's land planning agency. One challenge facing URA and private sector developers keen to redevelop the upper stretch of Orchard Road is the ownership structure of many older commercial buildings. The Far East Shopping Center along Singapore's Orchard Road has seen better days. Despite being five minutes' walk from the Orchard MRT station, one of Singapore's busiest subway stations, the 42-year-old mall suffers from very poor footfall. Around one-fifth of the units are vacant and up for sale or rent, and the occupants are more likely to be maid agencies rather than the high-end stores or restaurants associated with a prime shopping district. This same feeling of emptiness pervades many of the older malls along the upper stretch of Orchard Road, which extends from the posh Tanglin residential area near the Singapore Botanic
Show less
Read more
Impact Snapshot
Event Time:
CDEVY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CDEVY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CDEVY alerts
High impacting CITY DEVELOPMENTS S/ADR news events
Weekly update
A roundup of the hottest topics
CDEVY
News
- Millennium Hotels and Resorts Partners with Aiello to Revolutionize Hospitality with AI Voice Technology [Yahoo! Finance Canada]Yahoo! Finance Canada
- Billionaire Kwek Leng Beng's CDL Sells 20% Of Singapore Luxury Condo Amid Tepid Demand [Forbes]Forbes
- Tycoon Ong Beng Seng's HPL Buys Concorde Hotel Singapore In Deal Valued At $620 Million [Forbes]Forbes
- Shareholders in City Developments (SGX:C09) are in the red if they invested five years ago [Yahoo! Finance]Yahoo! Finance
- Billionaire Kwek Leng Beng's CDL Revives China Bet With Shanghai Property Purchase [Forbes]Forbes