City Developments Limited (CDL) is a leading global real estate company with a network spanning 163 locations in 29 countries and regions. With a proven track record of over 60 years in real estate development, investment and management, the Group has developed over 50,000 homes and owns around 23 million square feet of gross floor area in residential for lease, commercial and hospitality assets globally.
A leader in urban transformation, CDL has recently embarked in the transformation of the Bugis, Beach Road and Fort Canning area with two iconic developments in the South Beach Residences and CanningHill Piers.
Nestled above JW Marriott Singapore South Beach and located at the intersection of Singapore’s arts and heritage districts, South Beach Residences is part of an integrated development jointly developed by City Developments Limited and IOI Properties Group Berhad. Comprising 190 residential units located within the upper 22 storeys of the 45-storey building, South Beach Residences commands handsome views of the area while remaining close to world-class theatres in Esplanade and Marina Bay Sands, as well as 16 dining and lifestyle concepts within the South Beach enclave.
London-based architects Foster + Partners, known for their design of Apple stores around the world have cleverly incorporated Singapore’s reputation as a concrete jungle into the design of the new towers. Developed to capitalise on our tropical climate, the towers’ curvaceous heights house plants and trees that populate sky gardens, roof terraces and balconies, while tiled panels deflect heat from buildings.
As is evident with the trophy homes at South Beach Residences, the luxury development is already fully sold. South Beach Residences topped the list of record high psf in 2021 for a 3 bedroom, 3,897 sq ft penthouse unit. Transacted for $18.5 million, this translates to a psf price of $4,748, a testament to the resilience of luxury properties amid a pandemic.
Jointly developed by City Developments and CapitaLand Development, at a prestigious address in District 6 at Clarke Quay on the site of the former Liang Court; Canninghill Piers is a 99-year leasehold integrated development which will include 696 residential units. The residences component span two majestic towers, connected by a scenic sky bridge on Level 24, boasting spectacular views of the city, river and hill, with three levels of facilities.
Located along River Valley Road, between the historic Fort Canning Hill and the iconic Singapore River, CanningHill Piers is part of an integrated development that includes CanningHill Square with F&B and retail outlets, a 475-room hotel operated under the Moxy brand by Marriott International and a 192-unit serviced residence with a hotel licence operated under the Somerset brand, managed by The Ascott Limited.
It was the best-selling launch in the central area in 202l, with 538 units being snapped up during its launch weekend with more than 80% of buyers being Singapore Citizens. A testimonial of the huge demand for such rare luxurious mixed development among investors and homestayers.