Here's what you can expect from CDL this year

They are looking to launch two new projects.

Property and hotel conglomerate City Developments Limited has seen a healthy uptake in its Singapore projects for the past quarter. Will it be able to sustain its momentum this year?

To recall, CDL's Forest Woods already has 75% of its 519 units sold to date.

"Management expects earnings contributions from this project over the course of 2017. About 26% of 174-unit Gramercy Park was sold as of 4Q16, as well as ~84% in take-up of 638-unit The Brownstone. The other JV project Coco Palms is now ~92% sold as of 4Q16," UOB said.

According to UOB KayHian, CDL has highlighted the possibility of launching the freehold 124-unit New Futura and 190-unit South Beach Residences later in the year, given encouraging sales of Gramercy Park.

However, UOB noted that while developers have been introducing novel marketing schemes, property cooling measures continue to be a drag on sales volume.

"Chairman Kwek observed that high-end projects had witnessed price declines of up to 35%. However, management also struck a more upbeat tone, noting that projects with appealing locational attributes will still enjoyed better prospects," the firm said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia