0706 GMT - APAC Realty's share-price weakness presents a reasonable entry point given its attractive yield and Singapore's increasing housing supply, says RHB Research's Vijay Natarajan in a note. The city-state will likely see more residential launches in 2027 amid firm demand, which should bode well for the real-estate services provider, the analyst says. The stock trades around a modest 12 times 2026 price/earnings ratio after a recent decline, with an estimated 2026 yield of 7.0%, he adds. This suggests its risk-reward profile has turned favorable. Additionally, APAC Realty's limited capital-expenditure requirements and net cash position mean it could offer special dividends, he says. RHB Research upgrades the stock to buy from neutral and raises its target price to S$0.71 to S$0.70. Shares fall 0.9% to S$0.545. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
June 08, 2026 03:06 ET (07:06 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.