City Developments Limited (CDL), through its wholly-owned subsidiary Cityzens Development Pte. Ltd., and joint-venture partner Hong Realty (Private) Limited have successfully tendered for the collective sale of the Amber Park condominium site for S$906.7 million (or S$1,515 psf ppr). As one of the largest collective sale sites in the exclusive Amber Road enclave located in the East Coast area, the site adds to CDL’s residential landbank in Singapore. It has an area of 213,675 square feet (sq ft), plot ratio of 2.8 and allowable Gross Floor Area of about 598,290 sq ft. Hong Realty is the private real estate arm of the Hong Leong Group and holds a 20% stake in this project.

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