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PowerRating Shares of most property developers rebounded Thursday as they have become underpriced after the recent sell down. At 11.25 am, Allgreen Properties was up 2.7 percent at 1.50 Singapore dollars, City Developments was up 1.5 percent at 13.70 dollars and Keppel Land was up 0.7 percent at 7.60 dollars. But Wing Tai was down 2.3 percent at 2.57 dollars and CapitaLand was down 0.8 percent at 6.45 dollars. Property stocks fell in the last three weeks on concerns demand may slow after the government said last month it will disallow home buyers from deferring...
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