City Developments (SG:C09) has released an update.
City Developments Limited reported a solid start to 2024 with notable sales growth in Singapore, selling 429 units for $736.8 million, underpinned by successful launches like Lumina Grand. Upcoming projects include the mixed-use Union Square Residences and a residential development in Woodlands, with the company also securing a new land site in River Valley for future development. These strategic moves, along with joint bids for a significant site at Jurong Lake District, highlight the company’s robust growth and landbanking strategy.
For further insights into SG:C09 stock, check out TipRanks’ Stock Analysis page.