City Developments Ltd (CDL)

CDL’s Lucerne Grand launch moves 61% of 570 units at average S$2,480 psf

2026-10-04T12:12:58.000Z
CDL plans to divest S$6 billion of assets and invest S$5 billion over FY2027 to FY2029.
BROKERS’ TAKE

Brokers maintain ‘buy’ on CDL despite investor reservations over strategic review

2026-09-30T08:17:01.000Z
The outcome of the strategic review comes a year after a public clash within CDL’s boardroom.

CDL to invest S$5 billion, target S$6 billion in divestments under refreshed strategy

2026-09-29T01:04:13.000Z
From left: CDL’s group chief financial officer Yiong Yim Ming; group general manager Chia Ngiang Hong; group CEO Sherman Kwek; group chief operating officer Kwek Eik Sheng; and chief investment officer Gerald Yong.
SINGAPORE PROPERTY

‘My grandfather’s legacy’: Sherman Kwek lays out three-year plan for CDL to drive returns

2026-09-28T11:23:48.000Z
CDL group CEO Sherman Kwek says that doing fund management well will ensure greater capital efficiency.
SINGAPORE PROPERTY

CDL to hire dedicated CEO for fund management as it steps up push into private funds

2026-09-28T08:05:47.000Z
City Developments Limited faces an uphill task in its fund management ambitions.
COMMENTARY

Can CDL become a powerhouse in fund management?

2026-09-28T04:37:43.000Z
CDL intends to deploy S$5 billion in growth capital and target S$6 billion in divestments across its portfolio over the next three years.
HOT STOCK

CDL shares dip 8.1% after strategic review release

2026-09-28T02:24:14.000Z
The strategic review was first announced at CDL’s earnings briefing in February.

CDL to release strategic review outcome on Sep 28

2026-09-18T01:30:05.000Z
Individual developers say they are prepared for prolonged, unhealthy levels of air quality, though the financial toll remains muted for now.

Singapore construction firms brace for potential disruptions as haze risk lingers

2026-09-08T06:12:25.000Z
Property groups going asset light may find a private platform superior to a Singapore-listed real estate investment trust.
THE LEVEL GROUND

Hongkong Land’s SCPREF shows private funds may trump Reits for asset-light strategies

2026-08-24T03:19:18.000Z