Norwood Grand Developer
Norwood Grand is developed by CDL Stellar Pte Ltd
About City Developments Limited
Norwood Grand, the latest condominium by CDL Stellar Pte Ltd is owned by City Developments Limited. The condominium is located strategically at Champions Way right next to Woodlands South MRT Station on the Thomson-East Coast Line. Champions Way is an exceptional location that grants residents convenient access to the primary attractions of the city.
CDL has submitted the highest bid of $904 per square foot per plot ratio for the Champions Way GLS site, surpassing the offers of five other bidders. CDL’s offer is 8.3% more than TID (the Hong Leong Group – Mitsui Fudosan Joint Venture) which was second highest at $272.26 millions or $835 per square foot ppr. This much-anticipated project is the first private condo project built in Woodlands after the last GLS bid, excluding executive condominiums. The last GLS tender was a land parcel at Woodlands Avenue 2 & Rosewood Drive.
The Woodlands estate is being revitalized by URA, and this iconic residential property will be developed in conjunction with it.
The condo occupies an area of 14,432.5 square meters and will house 348 residential units ranging from 1 to 5 bedroom units.
About City Developments Ltd (CDL)
CDL is a renowned global real estate operating company that operates in 29 countries and regions. Having a legacy of over six decades, CDL has positioned itself as a reliable name in the real estate industry, renowned for its focus on quality, innovation, and sustainability.
Track Record of Excellence
CDL boasts a wide-ranging portfolio encompassing residential, commercial, and hospitality properties. CDL has achieved remarkable success and made significant contributions in various areas, some of which include:
- Iconic Residential Projects: CDL has established itself as a developer of exceptional residential properties, with notable examples being The Sail @ Marina Bay, One Shenton, and the luxurious condominium Gramercy Park. These projects are renowned for their outstanding architectural design, prime locations, and top-notch finishes.
- Commercial and Mixed-Use Developments: CDL’s expertise extends to the development of commercial properties, such as the prestigious Republic Plaza situated in the heart of Singapore’s financial district. Additionally, CDL excels in creating mixed-use developments like South Beach, which seamlessly integrates residential, office, hotel, and retail components.
- Global Presence: CDL’s influence extends beyond Singapore, as the company has successfully expanded its presence globally. It has undertaken projects in major cities across Asia, Europe, the Middle East, North America, and New Zealand, further solidifying its position as a prominent player in the international real estate market.
CDL Stellar Pte Ltd, a subsidiary of CDL, focuses on the development and management of premium residential and commercial properties. Through the utilization of CDL’s wealth of experience and expertise, the company is committed to delivering projects that adhere to the highest quality standards.
NORWOOD GRAND DEVELOPER TRACK RECORD
Developer Past and Current Projects
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