City Plaza gunning for third time lucky with $970m collective sale attempt, hoping for CDL support
The Straits Times - Sports·2026-02-12 06:00
SINGAPORE - Owners of apartments and commercial units at City Plaza in Geylang are gunning for a mega $970 million collective sale attempt after two previous failed efforts, with many hoping that City Developments Limited (CDL) will bring its muscle to bear and get them the 80 per cent mandate required to launch the sale.
The Straits Times understands that CDL, which built the 18-storey freehold mixed-use development project in 1980, holds a 6.5 per cent share value, or several commercial units.
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