CDL stops new property launches, posts 11% drop in Q3 profit

CDL stops new property launches, posts 11% drop in Q3 profit
 
Singapore-listed City Developments is holding back on new property launches for now, because of the subdued property market and the global economic uncertainty.
 
It said this as it announced an 11 percent drop in third-quarter net profit.
 
Earnings for the three months to September was 150 [...]

New Project Launch by Developer: Shelford Suites

New Project Launch by Developer
 
Address: 16, 16A & 16B Shelford Road
 
Tenure: Freehold
 
Type of Development: 3 blocks of 5-storey residential units with a basement car park, swimming pool and communal facilities
 
Total Unit: 77 units
 
Unit Mix: 2/3/3PH/4PH
 
Payment Scheme: Deferred and Progressive
 
Special Features: Private Lift Lobby for all residences
 
Selling Point:
-          Panoramic vista of nature’s greenery and the [...]