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CityDev gears up for series of launches with eye to replenishing land bank

Property group's Q4 net profit falls 54.7% to S$77.9m on impairment losses of S$94.1m - mostly from its US hotels

Singapore

AS City Developments Limited (CDL) gears up for its slew of residential project launches, it's also taken a liking to some government land sales (GLS) sites later this year. The property group also won't rule out occasional en bloc deals.

Group chief executive officer...

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