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CDL 'confident' about attaining master-developer status

The property group is also due to debut Irwell Hill Residences, its first launch this year, on April 10

Fiona Lam

Published Fri, Mar 26, 2021 · 05:50 AM

Singapore

CITY Developments Limited (CDL) has set its sights on becoming a master developer in Singapore, even as it focuses on replenishing its land bank to ensure a stable launch pipeline.

The property group, which builds up its land bank by taking part in collective-sale tenders and the government land sales programme, aims to be the one developer picked to plan and build an entire precinct or district instead of individual, smaller parcels.