City Developments Limited’s Post

🥂✨ What an eventful weekend it has been! Our first launch of the year - The Orie - sold 86% (668 units) of 777 units at an average selling price (ASP) of S$2,704 psf. About 93% of the buyers are Singaporeans while the remaining 7% comprise Permanent Residents (PR) from China, Malaysia, Indonesia, the UK, Australia, Germany, Hong Kong, India and South Korea, as well as one foreigner from the USA. They include families and HDB upgraders from the vicinity, first-time buyers attracted to the development’s prime location, as well as former Toa Payoh residents returning to a familiar community. All unit types garnered good response, with the two and three-bedroom units being the most popular. Mr Sherman Kwek, CDL’s GCEO said “We are delighted with the fantastic response to our first launch of 2025. The strong take-up rate for The Orie reflects the development’s exceptional design and locational attributes. With the ongoing transformation in Toa Payoh and limited new homes in this beloved and highly sought-after estate, The Orie will continue to attract buyers who appreciate the charm, convenience and heritage of Singapore’s pioneer town.” With its unique origami-inspired architectural design and polished interiors, The Orie will be a distinctive icon in the beloved Toa Payoh neighbourhood. Read more: https://lnkd.in/gJbEcK3p #CityDevelopments #TheOrie #RealEstate #SalesLaunch #SgProperty #Singapore

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Andrew Ow, CFA

Head, Corporate & Investment Banking

2mo

Impressive! Good start for 2025!

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Christopher Wesley

Development Management. 25yrs of excellence in Real Estate Development. Development Director/Senior/Manager, Project Manager. Resi, Hospitality, Mixed-Use, Ind, Retail, Offices. Deliver, communicate, understand, believe

2mo

Incredible achievement! 🎉 Congratulations on the successful launch of The Orie. The exceptional response truly highlights the development’s unique charm and appeal. Excited to see The Orie become an iconic addition to the Toa Payoh neighbourhood! #CityDevelopments #TheOrie #RealEstate #SalesLaunch #SgProperty #Singapore

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Meng Choo Clara Tan

Manager at Flagship Services Business

1mo

Impressive

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