City Developments Limited Track Record for Construction of ECs

If you’re looking to buy an EC, you’re not alone. City Developments Limited has a track record of success in constructing ECs. Here are some of its projects: Piermont Grand, Punggol Digitial District, Sumang Walk, and Yishun.

Piermont Grand

City Developments Limited (CDL) is the developer behind the new executive condominium, Piermont Grand, located at Punggol. The project is a premium residential development, offering an elevated landscape and river views, along with premium finishes and fittings. It is a good choice for those who want to be close to the city but still enjoy a peaceful and relaxing lifestyle.

Designed with comfort in mind, the units are arranged in a north-south pattern. The units feature high ceilings and natural illumination. They also have bathrooms, closets, and drawers. The spacious interiors also have a soothing and relaxing ambiance.

Punggol Digitial District

Punggol’s ECs are known to have excellent amenities and are located close to transport hubs. Residents can access Punggol MRT station in a few minutes, as well as other major roads. They also offer easy access to nearby Waterway Point. Additionally, residents can look forward to future amenities such as a hawker centre, regional library, and childcare and healthcare facilities.

MCL and CDL’s proposal will have twelve fourteen-storey buildings, which will have approximately 620 EC units. These buildings will be able to achieve the BCA Green Mark GoldPLUS rating and will be close to three Mass Rapid Transit stations.

Sumang Walk

City Developments Limited has a proven track record for the construction of ECs in Singapore. This real estate development and management company operates more than 500 group companies in 103 countries and has developed more than 43,000 residential homes. Its portfolio of developments includes malls, hotels, integrated complexes, and residential apartments. The company currently has 4.1 million square feet of land bank. Its goal is to reach $5 billion in assets under management by 2023.

The company’s portfolio includes the Millenium and Copthorne Hotels division, which is listed on the London Stock Exchange. It owns 114 hotels in 18 countries and manages over 29000 rooms. Another subsidiary is Hong Leong Finance, Singapore’s largest finance company. Both companies collaborate to develop new financial products for customers and are working on projects together. One of these projects is the Piermont Grand EC, a joint venture with TID Residential.

Yishun

As one of the largest developers in Singapore, City Developments Limited has a proven track record for constructing high-end residential properties. It has built over 22,000 homes, including architectural icons such as The Sail at Marina Bay and The Oceanfront at Sentosa Cove. With a recent investment in Tengah EC, a new development in the area will offer high-end residences with easy access to public transportation.

CDL’s commitment to environmental responsibility and sustainability has earned it several awards. In 2007, it received the President’s Award for Environment and Social Service. In 2008, it was the only developer to win the inaugural Green Mark Champion Award. It was also awarded the Built Environment Leadership Platinum Award in 2009 and 2011. In 2013, CDL was recognized with the prestigious Quality Champion (Platinum) Award, the highest achievement in the construction industry.

Bukit Batok

The Bukit Batok EC is one of the newest developments in the neighbourhood. Located in the Jurong East district, it is expected to have 375 units and cover an area of 37,348 square meters. The development is expected to attract long-term residents and investors. However, the price of the units may deter some potential buyers. Investing in an EC isn’t always an easy process. Here are some things to consider before buying or selling a unit.

First, the EC will feature greeneries and facilities that will make it a desirable place to live. It will also feature a comprehensive town planning environment and a network of walking and cycling paths.