Artist's impression of the 639-unit Copen Grand (Picture: CDL-MCL Land) EDGEPROP (SINGAPORE) - Copen Grand, the first executive condo (EC) in the upcoming Tengah Town, will open for e-application on Oct 7 till Oct 17, with sales bookings to start on Oct 22.Read also: CDL is top bidder for EC site at Bukit Batok West Ave 5 at $626 psf pprDeveloped jointly by City Developments Ltd (CDL) and MCL Land, the 639-unit EC is located at Tengah Garden Walk, in the heart of Tengah Town, which is envisioned
Singapore has unveiled a package of measures for the property market, including tightening lending limits for housing loans in response to a rise in interest rates, as well as new steps to moderate demand. The move would ensure "prudent borrowing" and "avoid future difficulties" in servicing home loans, said Singapore's central bank, the Ministry of National Development and the Housing & Development Board in a joint statement late on Thursday. The measures - including lowering the amount of government loans available to buy public housing by 5 percentage points - were announced late on Thursday and came into effect from Friday.
SINGAPORE (EDGEPROP) - City Developments’ (CDL) shareholders would have cheered the special dividend of 12 cents per share and an ordinary interim dividend of three cents per share in 1HFY2022.Read also: Four-bedroom penthouse at Boulevard 88 reaps $2.9 mil profitDuring the six months ended June, CDL divested the Millennium Hilton Seoul for around $1.2 billion, and a gain of some $500 million. Similarly, the deconsolidation of CDL Hospitalit Trusts (CDLHT), which was given as a dividend-in-speci