Daily Briefing: City Developments to raise $1.1b for global expansion; Punggol EC selling at $780 to $800 psf

And new set of 5Cs for Singaporean success.

Singapore's second-largest property developer City Developments Ltd said on Tuesday it plans to raise about $1.1 billion from a group of investors and banks including Blackstone Group LP to fund global expansion. View more here.

E-applications for the last Executive Condominium (EC) in 2014 that does not require upgraders to pay the resale levy started on 12 December 2014. View more here.

Singapore has come a long way since Singapore gained independence five decades ago. If Singaporeans want to take it to the next level, however, they need a new set of 5 Cs to aspire toward. View more here.

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