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Throughout the latter half of 2023 BTO launches, a notable trend has emerged- the demand of 5-room flats consistently surpasses the number of available units. At its peak, the number of applicants surpassed the available units by more than fourfold.  What could be fueling the demand for these bigger flats?...
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CDL tops the Lakeside Drive GLS tender with a bold $1,132 psf ppr bid, potentially setting a new pricing benchmark in Jurong.
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City Developments Limited (CDL) has emerged as the top bidder for the Government Land Sale (GLS) site at Lakeside Drive, with a compelling offer of $608 million, translating to $1,132 per square foot per plot ratio (psf ppr). The tender, which closed on June 3, attracted a total of six...

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