The sentiment of property developers in Singapore has shown modest growth in the third quarter when compared with the previous quarter, according to the REDAS-NUS Real Estate Sentiment Index (RESI) Survey. The Composite Sentiment Index, which is seen as the indicator for overall real estate market sentiment

in Singapore, was at 4.9 in the third-quarter as compared to 4.7 in the

second quarter. The current sentiment index moved to 5.1 in Q3, higher versus 4.9 in Q2 while Future Sentiment Index improved slightly to 4.7 from 4.5 over the similar quarter.
More developers are also seeking investments in Government Land Sales and en-bloc sale sites. The survey also revealed that respondents are careful in evaluating the market sentiment over the next six months. But the majority of them anticipate the quantitative easing or QE3 to raise fund flows into the REIT market.

The index showed that developers are more interested in the hotel/serviced apartment sector as compared to other property sectors.
Weyerhaeuser Company (NYSE:WY)’s price increased in the last trading session after news came in that construction spending in US rose to best level since 2009 and has a previous 52-week high of $28.82. The stock was trading on above-average volume. The stock traded at a volume of 5.11 million shares at a price gain of 0.58%. The share price is now up 20.98% for the past three months. Latest closing price was 6.25% above its 50-day moving average and 24.81% above its 200-day moving average.
While trading at volume lower than average, PulteGroup, Inc. (NYSE:PHM) climbed 2.54% yesterday. Its previous 52-week high was $18.30 and moved up 224.45% over the same period, trading at a volume of 13.10 million. Shares have risen 73.13% over the trailing 6 months. The stock is currently trading 14.22% above its SMA 50 and 61.94% above its SMA 200.
Over the last 12 months, for CBRE Group Inc (NYSE:CBG) a return on equity of 20.60 percent was realized due to the financial situation and earnings per share reached a value of $0.74. Earnings are projected to move up 21.33 percent for the coming five years. The stock closed at $17.63, down -0.39 points or -2.16% from previous close and at a distance of -6.95% from 20-day simple moving average.
Fluor Corporation (NYSE:FLR) moved up 15.78% in this year and its price history showed most recently beta was at 1.66. Overall the last 12 months, the percentage change in the price was 5.10%, hitting the highest of $64.67 on Feb 23, 2012 while lowest level in that period was $44.99 on Jun 25, 2012.

source : http://www.propertymentorgroup.com

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