CDL Real Estate Developer
One of the most prestigious developers in the world, CDL is the recipient of many awards for its buildings. In the BCA Awards 2020, CDL was the only developer to win the Quality Excellence Award, Quality Champion (Platinum) seven years in a row. The company also ranked high in the search for quality housing. Euromoney’s annual Real Estate Survey also recognized CDL as the best residential developer in Singapore in 2020. Recently, CDL also won an award for its Chongqing Eling Residences project, which has received the Green Mark Platinum Award and three-star certification in Chongqing.
City Developments Limited is a Singapore-based real estate operating company. They provide a range of real estate services including commercial property development, hotel and club ownership, and consulting services. The company has a presence in more than 100 locations in more than 30 countries. In addition, they operate resorts, office buildings, and residential communities. City Developments Limited is a top real estate company in Singapore. For more information, visit the website at citydevelopments.com.
City Developments Limited (CDL) is a major real estate developer with offices in Singapore and across the world. Listed on the Singapore Exchange, the company has a portfolio of more than five million square feet of rental property. Its main businesses include residential, hotel, serviced apartment, and retail properties. The company is a long-term investor in real estate and holds a majority stake in a number of hotel operations.
The company’s recent developments include the Anson Residences (80 Anson Road) in Singapore’s central business district. The project, which is a part of the CBD Incentive Scheme, will be a 45-storey mixed-use project. While 40% of the building will be devoted to office and retail space, the remaining 35% will be used for residential and serviced apartments. The Anson Condo will also feature offices, retail space, and hotel facilities.
Founded in Auckland in 1990, CDL began expanding outside of its native Asian region in 1993 with the purchase of the Gloucester Hotel in London, England. In 1994, it entered the New Zealand market, buying 13 properties in the country. The company’s CEO Kwek Leng Beng then went on a spending spree, spending more than $1 billion in three years to build a global hotel chain with 55 properties in 11 countries. It also acquired The Broadway in New York City.
The company is a subsidiary of Millennium & Copthorne Hotels Plc in the United Kingdom. It currently operates in New Zealand and Australia. The company also owns hotels in France and Germany. The company has several subsidiaries throughout the world, including Millennium Hotels & Resorts Limited, Kingsgate International Corporation Limited, and Millennium Partnercard Services Limited. The company has the largest portfolio of hotels in New Zealand, with almost thirty-five hotels.
The company also owns Millennium & Copthorne Hotels plc in Singapore. The hotel group owns 114 hotels in eighteen countries and operates over 29,000 rooms. The company is listed in London, and its subsidiaries include Millennium Hotel Singapore, W Singapore – Sentosa Cove, and Sceptre Hospitality Resources. In addition to CDL’s New Zealand and Hong Kong properties, CDLHT also owns the Seoul Hilton.
CDL Real Estate Developer has recently launched a new EC, dubbed the Piermont Grand EC, in District 19 of Singapore. The project is strategically located near several prominent shopping and dining destinations, including Punggol MRT station, and is accessible via bus services from Punggol Way and Punggol Centreal. The development is also close to the Tampines Expressway, making it easily accessible by drivers and commuters alike.
The development is designed with the lifestyle of first-time home buyers and families in mind. The building is home to various amenities including a fitness center, swimming pool, BBQ pits, and guard houses. It also boasts excellent privacy and ambiance and offers easy access to a range of recreational amenities. A Piermont Grand Punggol floor plan offers a wide range of features and benefits, catering to both individual buyers and investors.
The location of Piermont Grand EC is a major plus. It is near several public amenities and prestigious schools, including Punggol Green Primary and Secondary School. Residents also enjoy the convenience of public transportation, including bus services. However, there is a catch to the development’s location. The ECs are priced lower than comparable HDB units. This means that the price difference between the new and resale units has narrowed to an attractive level.
With a location that is both convenient and quiet, Forest Woods is perfect for commuters who don’t want to deal with traffic. The development is close to major shopping centres, such as Hougang Mall and Heartland Mall. Alternatively, residents can also walk to NEX Mega Mall. In addition, this development is near the future Woodleigh MRT station, making it a convenient option for residents of different lifestyles.
For residents of Singapore, CDL is a trusted name in real estate. Founded in 1966, this Singapore-based developer has a long history of creating luxurious homes. It has developed more than 30,000 homes in the city and is one of the country’s largest landlords with more than 7.8 million square feet of lettable space locally and globally. The company also has a huge land bank, which it utilizes to create a variety of developments.
Located in the heart of Singapore, Forest Woods is a prime location with convenient transportation and shopping facilities. Residents will have easy access to Upper Serangoon Road and several schools, which make it a convenient place for families. The development is also accessible from the North-East and Circle lines. Interested buyers can browse through the Forest Woods floor plans and learn about their various floor plans. Buying a unit here means you will get the best price, because there is no commission for the developer.
When it comes to buying a condominium, location is everything. This is especially true if you want to live in an exclusive community like Piermont Grand. The location is also a big factor in the value of a condominium. It is best to buy directly from the developer to enjoy the lowest price. The developer of the condo will be the one to pay agency commissions for the agents involved. However, this doesn’t mean you won’t have to pay any commissions if you decide to purchase the property. You will have access to better amenities and facilities.
The developers of Piermont Grand EC are well aware of the locality. The project is near the Punggol MRT station and the Sumang Walk. It is also close to Edgefield Primary School and Punggol Town MRT Station. The unit’s location makes it highly convenient for commuters to access the city and the rest of Singapore. Moreover, the location is near the upcoming Punggol Bus Terminus and the Singapore Institute of Technology Campus.
The pricing of Piermont Grand is comparable to its neighboring development. Both are suitable for first-time buyers and HDB upgraders. The prices are comparable but the resale units are slightly higher. The ECs are larger than their counterparts. This lower entry price has led to a sharp narrowing of the pricing gap. Since resale ECs are cheaper, buyers of resale units have benefited. The unit has similar facilities and amenities to its counterpart.