REAL estate developer City Developments (CDL) is making further inroads into proptech, as CDL inked a tech joint venture with Chinese co-working operator Distrii.

REAL estate developer City Developments (CDL) and Chinese co-working operator Distrii have joined forces to soft-open Singapore's single largest and tech-driven co-working facility on Thursday.

LUXURY condo New Futura has seen 21 of 30 units released over the weekend at its 60-unit North Tower snapped up at an average selling price of over S$3,500 per square foot (psf), City Developments Limited (CDL) said in a statement on Tuesday.

IN a matter of days, City Developments Limited (CDL) has seen 70 per cent or 21 of the 30 units that it released over the weekend for New Futura's second phase snapped up at an average selling price of over S$3,500 per square foot (psf).

IN a matter of days, City Developments Limited (CDL) has seen 70 per cent or 21 of the 30 units that it released over the weekend for New Futura's second phase snapped up at an average selling price of S$3,500 per square foot (psf).

IN a matter of days, City Developments Limited (CDL) has seen 70 per cent or 21 of the 30 units that it released over the weekend for New Futura's second phase snapped up at an average selling price of S$3,500 per square foot (psf).

SINGAPORE (May 15): OCBC Investment Research and Phillip Capital are maintaining their respective “buy” and “accumulate” calls on City Developments. OCBC says CDL continues to be its top pick in the property sector, as the group looks poised to benefit from the firm uplift in the Singapore r...

SINGAPORE (May 14): The hotel arm of City Development Limited (CDL), Millennium Hotels and Resorts announced that Chinese guests are now able to pay for their accommodations and dining via WeChat Pay. This will be available at all six of its hotels in Singapore – Orchard Hotel Singapore, Grand Cop...

SINGAPORE (May 14): Here are some stocks that could move the market this Monday morning: Agri-business group Olam International reported a 9.8% rise in 1Q18 earnings to $158 million from $143.8 million a year ago on reduced net finance costs and lower taxation. Sales of goods and services rose 8.5% ...

SINGAPORE (May 14): City Developments Limited (CDL) on May 11 reported 1Q18 earnings ended March dropped 16.3% to $80.0 million from $95.6 million in 1Q17. Revenue was 35% higher at $1.06 billion, compared to $783.7 million a year ago, propelled by the completion of The Criterion Executive Condomini...

PROPERTY and hotels group City Developments Limited (CDL) has posted a 16.3 per cent drop in group net profit to S$80.0 million for the first quarter ended March 31, 2018 from the S$95.6 million net profit in the year-ago period.

CITY Developments Ltd's (CDL) latest integrated sustainability report shows it has hit many targets in 2018.

CITY Developments Limited (CDL) has announced a range of targets that the group met in 2017, following the release of its 2018 integrated sustainability report on Monday.

SINGAPORE (Apr 30): Phillip Securities is staying positive with Ho Bee Land given the property group is planning to relaunch its Sentosa properties with a total 151 unsold units at the Turqoise and Seascape expected to be put on sale this year. The research house notes there was an increase in secon...

AIMING to cash in on the upturn in the Singapore office market, Alpha Investment Partners and City Developments Ltd (CDL) are understood to have put Manulife Centre in Bras Basah Road, and 7 & 9 Tampines Grande up for sale through separate expressions of interest exercises.

SCOTLAND-based fund manager Standard Life Aberdeen is no longer a substantial shareholder of Singapore-listed property developer City Developments after selling S$4.7 million of shares on the open market at S$12.90 apiece.

SINGAPORE (Apr 18): According to Deutsche Bank, the Singapore property market continues to show strength. The research house has picked City Developments (CDL) and UOL Group as its top buys. On Apr 12, Yanlord announced that the group and Hong Kong Land Holdings’ MCL Land have jointly won the tend...

SINGAPORE (Apr 17): CIMB Research is maintaining its projection that developers will launch 10,000 units of private homes in 2018, after total primary home sales rose 68% month-on-month to 788 units in March. According to analyst Lock Mun Yee, the higher month-on-month sales last month were underpin...

WHILE real estate developer City Developments (CDL) is famous for being involved in some of the most iconic buildings in Singapore, it is equally well known that the company is a role model for environmental sustainability.

SINGAPORE (Apr 11): March was a month riddled with bad news. This resulted in the Straits Times Index tumbling 2.6% in March although it ended up 0.7% in 1Q18. Last month, the US administration slapped tariffs on US$50 billion ($65.4 billion) worth of Chinese imports, mainly in machinery and equipme...

SINGAPORE (Apr 11): Maybank Kim Eng Research is reiterating its “positive” stance on Singapore property developers, amid fresh data points which reinforce its predictions of a property price rebound. “New launches this year have achieved significant premiums over comparable projects launched i...

SINGAPORE (Apr 10): RHB is maintaining its “overweight” call on Singapore’s real estate sector while expecting developers to be more selective in their en bloc bids going forward, with preferences for relatively smaller and well-located sites.   In a Tuesday report, analyst Vijay Natarajan sa...

SINGAPORE (Apr 4): Singapore’s property sector will see a strong growth, especially in its private residential prices and real estate investment trusts (REIT), according to Jeffries. The Urban Redevelopment Authority (URA) estimates that the private residential property price index increased 4.3 p...

SINGAPORE (Apr 3): OCBC Investment Research is maintaining “overweight” on Singapore’s residential sector with the view that valuations remain compelling for developers. City Developments (CDL), UOL Group and CapitaLand have been named as the research house’s top buys with fair values of $15...

SINGAPORE (Apr 3): CIMB is maintain the property and development sector at "overweight" with UOL and City Developments as top picks after q-o-q private homes price hike came in strongest in nearly eight years. "We maintain our 2018 projections of 5% price appreciation and volume demand to reach 11,0...

SINGAPORE (Apr 2): Singapore's private home prices rose 3.1% in the first quarter, the fastest quarterly growth in nearly eight years, in a further sign of a nascent recovery in the city state's housing market. The pace of growth was the quickest since the second quarter of 2010 when home prices ros...

Submitted By:  Danielle Isaac Case Study:  No Early bird average selling price for the 315 units sold is $1,310 psf. City Developments Limited (CDL) sold 70% or 315...

SINGAPORE (Mar 26): City Developments (CDL) says 315 or 70% of the 450 units it released for the 861-unit The Tapestry over 24-25 Mar has been sold at an early bird average selling price of $1,310 psf. In a Sunday release, the developer notes that all of The Tapestry’s unit types have enjoyed a go...

SINGAPORE (Mar 26): Here are some stocks that could move the market this Monday morning: Ayondo will make its debut on the Catalist board of Singapore Exchange (SGX) at 9am on Monday. Based on its IPO price, the group is expected to have a market capitalisation of $130.7 million with 502.7 million s...

SINGAPORE (Mar 26): United Overseas Bank (UOB) has launched The Travel Insider, an online travel marketplace in partnership with companies from the airline, hospitality and travel industries to offer an integrated platform for travel and itinerary planning. See: The Travel Insider The Travel Insider...