CDL looks to launch nearly 2,000 units in 4 Singapore projects
In its earnings call, it says it will keep its gearing optimal, recycle capital, grow its land bank and stay invested in China
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CITY Developments (CDL), often seen as the proxy for the Singapore residential property market, has a launch pipeline here of nearly 2,000 housing units for sale in four upcoming launches.
First off will be the 696-unit CanningHill Piers, the residential component of a mixed-use project on the former Liang Court site next to Clarke Quay, which it is developing jointly with CapitaLand. Canning Hill Piers is slated for launch in the fourth quarter of this year.
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