Chia Ngiang Hong

City Developments will continue to landbank in Singapore even as it unlocks value from portfolio of old undervalued assets

(Dec 3): Singapore’s developers have expressed alarm over the high supply of private apartments amid slowing demand, with the glut threatening to suppress property prices.

SINGAPORE (April 11): City Developments Limited (CDL) has announced positive sales for its 174-unit luxury freehold residential development thus far, with average sales prices ranging from over $2,600 to $2,800 per sq ft.