CDL and MCL Land to launch Tembusu Grand at Katong – previews commence on Friday, 24 March 2023

City Developments Limited (CDL) and MCL Land will commence the preview of the highly anticipated Tembusu Grand on Friday, 24 March 2023. Sales bookings are scheduled to begin on Saturday, 8 April 2023. Situated in the charming enclaves of Tanjong Katong and East Coast, the development sits in a landmark neighbourhood that fuses heritage with modern conveniences.

CDL posts record profit of S$1.3 billion for FY 2022 – highest since inception

City Developments Limited (CDL) achieved record earnings with net profit after tax and non-controlling interest (PATMI) of S$1.3 billion for the full year ended 31 December 2022 (FY 2022), the highest ever since the Group's inception in 1963.

CDL acquires five purpose - built student accommodation assets in the UK for £215 million – expands student accommodation portfolio to over 2,300 beds

City Developments Limited (CDL) has enlarged its United Kingdom (UK) student accommodation portfolio with the acquisition of five high-quality Purpose-Built Student Accommodation (PBSA) assets[1] for £215 million (approximately S$357 million[2]), made via two separate transactions.

CDL is the only Singapore company listed on the CDP A List for fifth consecutive year and maintained 'AAA' rating on MSCI ESG index since 2010

City Developments Limited (CDL) has once again been included in the 2022 CDP A List for its environmental leadership in climate change and water security initiatives. This marks the fifth consecutive year CDL has received an ‘A’ score for climate change and the fourth year with an ‘A’ score for water security. This year, CDL is also the only Singapore company on the CDP A List, and the only company in Southeast Asia and Hong Kong to remain on the CDP A List for five consecutive years.

Strong response for Copen Grand, Tengah Town’s first Executive Condominium – 465 units snapped up on launch day

Bookings for the highly anticipated Copen Grand Executive Condominium (EC) – the first EC in the upcoming future-forward Tengah Town – commenced on Saturday, 22 October 2022 for eligible buyers. On the first day of launch, 465 units (73% of the project) were sold. The average launch price was S$1,300 per square foot (psf), with an additional 3% applied to units sold under the deferred payment scheme.

E-application to open for Copen Grand – first Executive Condominium in Tengah Town, Singapore’s first smart and sustainable precinct

Homebuyers with their eye on being the first movers in the upcoming Tengah Town can look forward to the first Executive Condominium (EC) in the area – Copen Grand. Developed by City Developments Limited (CDL) and MCL Land, this 639-unit EC in Tengah Garden Walk is nestled in the heart of Tengah Town, which is envisioned as Singapore’s first smart and sustainable precinct. It comprises 12 blocks of 14-storey residential towers.

77% of units at Piccadilly Grand snapped up on launch weekend

City Developments Limited (CDL) and MCL Land commenced sales for the highly anticipated 407-unit Piccadilly Grand on Saturday, 7 May 2022, two weeks after its sales gallery opened for preview on 23 April 2022. As at 6.00 pm on Sunday, 8 May 2022, 315 units (77% of the project) have been sold at an average selling price (ASP) of S$2,150 per square foot (psf). The robust sales for the project, one of the first major private residential launches in Singapore for 2022, kickstarts the year on a positive note for the CDL-MCL Land JV.

Change the Present, Save the Ocean – an exhibition on the ocean crisis and global commitment on marine conservation

City Developments Limited, the National Parks Board and Ocean Geographic have jointly launched an exhibition themed “Change the Present, Save the Ocean” on marine conservation. Held at the net-zero CDL Green Gallery in the Singapore Botanic Gardens, the exhibition will run from 12 April to August 2022 in support of global and national climate action.

CDL and MCL Land kickstart strategic partnership in Singapore with the launch of Piccadilly Grand at Northumberland Road – previews commence on Saturday, 23 April 2022

City Developments Limited (CDL) and MCL Land will commence the preview of the highly anticipated Piccadilly Grand on Saturday, 23 April 2022. Sales bookings are scheduled to begin on Saturday, 7 May 2022. The launch of this 407-unit Piccadilly Grand marks the inaugural project for the CDL-MCL Land joint venture (JV) partnership in Singapore.