Buyer’s Guide

Thinking of purchasing or investing in a property? Find the information you need to get started in our Buyer's Guide.


City Developments Limited (CDL) is a Singapore-listed international real estate operating company with a global presence spanning 100 locations in 28 countries. As one of Singapore's largest companies by market capitalisation, its income-stable and geographically-diversified portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls, totalling over 18 million square feet of floor area globally. CDL has developed over 40,000 homes worldwide, and is one of Singapore’s largest commercial landlords, with one of the biggest landbanks amongst Singapore private-sector developers.

Beyond shaping skylines with architectural icons, CDL has transformed Singapore’s built environment with numerous award-winning green buildings. For over two decades, CDL has embraced its ethos of “Conserve as we Construct”, investing in game-changing innovations that have been key enablers of resource efficiency and productivity.

CDL has established itself as a leader in the industry, being consistently presented with new awards for its outstanding green buildings. At the Building and Construction Authority's (BCA) Awards 2018, CDL was the first and only private sector property developer to be conferred the inaugural Built Environment Leadership Platinum Star Award. This pinnacle Award is accorded to organisations that held the Built Environment Leadership (Platinum) award for at least five years. It recognises their excellence and leadership in shaping a safe, high quality, sustainable and friendly built environment in Singapore. In BCA's online tool `Search for Quality Housing', CDL was listed as the top developer, reflecting its high workmanship quality standard.

In Euromoney’s 13th annual Real Estate Survey in 2017, CDL was named the Best Residential Real Estate Developer in Singapore. Adding on to its overseas achievements, CDL’s Chongqing Eling Residences was the recipient of the top-tier Green Mark Platinum Award, a first for a residential project in China. Eling Residences is also China’s first 3-Star Certification Residential project in Chongqing.

Globally, CDL remains the first Singapore corporation to be listed on three of the world’s leading sustainability benchmarks – FTSE4Good Index Series (since 2002), Global 100 Most Sustainable Corporations in the World (since 2010), and Dow Jones Sustainability Indices (since 2011). City Developments Limited (CDL) has emerged the longest-running Singapore-based company to be listed on the Global 100 Most Sustainable Corporations in the World, underscoring its unwavering conviction and commitment to sustainability. CDL is the first and only Singapore company to be on the index for nine consecutive years.

CDL is a member of Hong Leong Group Singapore.

CDL’s Green Innovations

For over two decades, CDL has led the pursuit of green innovations to develop bold and inspiring green buildings for a brighter future.

From first-of-its-kind developments that enhance eco-friendly lifestyles to industry-changing methods that promote recycling, reduce waste and raise productivity. We see unlimited possibilities in the spaces we develop, and we will continue to innovate, invest in and improve the way buildings sustain life. Because this is the foundation of what we do.


Guinness World Record for
Largest Vertical Garden*

By reducing heat absorption, the 24-storey, 2,289 sqm vertical garden in Tree House condominium at Chestnut Avenue is expected to achieve air-conditioning energy savings of between 15% and 30%.

*As of April 2014

Largest Solar Panel In A Singapore Condominium^

The 1,520 sqm solar panels at D’Nest condominium, which entered the Singapore Book of Records, are expected to harness 219,000 kWh of energy a year to offset electricity consumption for common areas.

^As of 2013

First Singapore Landed Housing With Solar System

By incorporating a 1 kilowatt-peak Photovoltaic system into every house, residents of [email protected] GARDEN can enjoy up to an estimated 40% energy savings per month.

Singapore’s First Eco-Mall

Designed, built and maintained to the highest green standards, City Square Mall achieves an annual estimated energy savings of over 12 million kWh.

First CarbonNeutral® Development In Asia Pacific And Singapore

11 Tampines Concourse’s carbon emissions have been reduced to “net zero” on an annual basis. It is also the first building in Singapore that extensively used recycled materials for structural building components.

Singapore’s First Zero Energy Green Gallery

The CDL Green Gallery features extensive use of eco-friendly designs and materials. Its photovoltaic cladded roof panels are expected to generate over 31,000 kWh of energy a year, above its estimated energy consumption.

World’s First Green Library For Kids

My Tree House @ Central Public Library is the first library in the world that is steered by green principles in all facets from design, infrastructure and use of sustainable materials, to collection and programming.

Green Building and Sustainability Champion

Singapore night skyline

Strategically located in the heart of Asia, Singapore has a land area of about 710 square kilometres with a planned population expansion from 5.5 million to 6.9 million* by 2030. Singapore is also a thriving cosmopolitan city with a multicultural population. Ethnic Chinese make up about 74.3% of the population and Malays comprise 13.3%. Indians are 9.1% of the population and other ethnicities make up 3.2%.

*Source: National Population And Talent Division - Population White Paper, January 2013.


With excellent schools, facilities, and teachers, Singapore is renowned for its broad-based and holistic education system. Possibly the biggest advantage of a Singapore education is that students become effectively bilingual – in English, as well as in another language like Mandarin, Malay or Tamil.

From pre-school to post-graduate studies, Singapore boasts of some of the world’s finest educational institutions. Singapore’s public schools maintain a consistently high standard of teaching and learning, and is ranked second in the world for its education system. In the public school system, students usually attend a six-year primary school. A four or five-year secondary school programme follows. Individuals talented in music, sports, or math and sciences, have the option of enrolling at specialised academies such as the Singapore Sports School, the School of the Arts (SOTA), or the Lasalle College of the Arts.

After secondary school, students can move on to a two-year junior college, or a three-year polytechnic course, both of which prepare them for tertiary education. Catering to a wide range of talents, other alternative routes to university include various art institutions or through the Institute of Technical Education (ITE). Higher education options in Singapore include four world-class universities such as the National University of Singapore (NUS), and Nanyang Technological University (NTU).

International students are welcome at all public schools, and admissions exercises are conducted in September/October each year. Alternatively, they can enrol at international schools such as the United World College or Tanglin Trust School, or at any of the 300 private education institutions which offer a large variety of courses, including language and professional programmes.



The small island state has plenty of entertainment and dining options for everyone. A retail paradise, you can find all the top brands and luxury labels along Orchard Road, Singapore’s premier shopping district. Malls such as ION Orchard, Ngee Ann City, Paragon Shopping Centre and Palais Renaissance also offer a wide variety of goods and services for you and your family.As one of Asia’s top food destinations, be spoiled for choice by the dining options available. From delicious and hearty local cuisine like Crystal Jade and Muthu’s Curry, to Michelin-starred hawker fare and restaurants like Waku Ghin and Odette, Singapore is a haven for all foodies.

For outdoor enthusiasts, Singapore boasts lush parks and gardens like the Singapore Botanic Gardens, a UNESCO World Heritage Site, and has beautiful, clean waters for water sports.


Singapore is Asia’s leading medical hub providing accredited healthcare for patients. Comprising public and private healthcare, Singapore’s established healthcare providers include hospitals and medical centres located island-wide, catering to the community’s healthcare needs.

Singapore's unique healthcare model is guided by the principle of quality and affordable medical services, and its medical practitioners have garnered praise and recognition to meet the changing world.


Getting Around Singapore

Travelling around this garden city is easy as Singapore boasts one of the world’s best public transportation networks. The extensive bus, rail and taxi services connect the country, providing quick and convenient travel options. Additional MRT lines and stations are also part of the further improvements planned in the coming years.

Foreigners 18 years and above who possess a valid driving licence and Work Pass/Dependent Pass/Student Pass may apply for a conversion to a Singapore-approved licence before they are legally allowed on the roads.


Image courtesy of SMRT

Residential Districts and MRT Network


Singapore offers a wide range of residential properties catering to differing needs and lifestyles across the country.

Here's an overview of the main residential districts.

Central Business District
(Districts 1 & 2)

The heart of Singapore's financial and commercial industries, the Central Business District is where you’ll find Marina Bay, Raffles Place, and Shenton Way. Not only does this area house some of the world’s largest financial institutions, and multi-national corporations, it is also where attractions such as the Singapore River, the Singapore Art Museum, and other civic buildings are located.

Sentosa Cove
(District 4)

Located on the eastern coast of Sentosa Island, a playground for the well-heeled, Sentosa Cove is an exclusive oceanfront residential community that boasts prestigious property developments.

Orchard Road
(District 9)

Discover a cosmopolitan mix of prestigious malls, hotels and restaurants here at the world's famous shopping district. Orchard Road also ranks as one of the prime residential areas, with upscale housing estates along with choice condominiums and apartments.

Grange Road/Tanglin/Holland/Bukit Timah
(District 10)

Luxurious condominiums, good-class bungalows, exclusive country clubs and foreign embassies are nestled in District 10, one of Singapore's renowned private residential district.

Newton/Novena (District 11)

Situated at the immediate fringe of the city centre, this district offers abundant medical services, entertainment, shopping and dining choices

Suburban districts

Including Ang Mo Kio in the North, Pasir Ris in the East, Buangkok in the Northeast, and Jurong in the West, these districts consist of a mix of private and public housing.

Asia’s Most Promising Destination For Real Estate Investment

As one of the fastest growing economies in Asia, Singapore presents the perfect environment for investment. Its stable and capable government also ensures socio-political stability through an efficient and legal infrastructure and judiciary system. This global city is also an investment- and tax-friendly country with no capital gains tax and estate duty, making it a welcoming country for foreign investors. Other than being one of the fastest growing economies in Asia, Singapore also offers vibrant and attractive real estate investment opportunities.

Promising destination

One of the top cities in the world

Globally, Singapore is regarded as a great place to live, work and play. Its state-of-the-art infrastructure, safety, and open economy has made it the easiest place in the world to do business. Among its many accolades, it has been ranked the third most competitive economy in the world, and as the Asian country with the best quality of life.

Sources: The Global Competitiveness Report 2017 to 2018, World Economic Forum and IMD World Competitiveness Yearbook 2015

Well-connected to the world

Singapore is the gateway to the world with established air and sea hubs, as well as robust infrastructure for broadband internet connectivity across the country.

A vibrant city

Take your pick from a range of entertainment options, including the integrated resorts of Marina Bay Sands and Resorts World Sentosa, accessible 24/7.

Singapore is the top choice for Asian expatriates, and has been ranked as the third most popular place worldwide to relocate for the last five years.

Source: ECA Location Ratings Survey, ECA International, 2016

Population growth

Singapore's population is expected to grow to 6.9 million by 2030 in the future with its strong immigration policy, translating into strong rental demand and property price growth.

Source: National Population And Talent Division - Population White Paper, January 2013.

Safe and multicultural society

Singapore’s diverse cultures and extremely low crime rate make it an appealing location to expatriates from all over the world.

Good hedge against inflation

Cash-rich individuals should seize the favourable opportunities to invest in properties in Singapore when bank mortgage rates are at their most attractive.

Global Investor Programme

The Global Investor Programme (GIP), targeted at Entrepreneurs, Investors, Businessmen, eases the way to set up and operate businesses in Singapore. The GIP also facilitates a range of immigration processes for their entry and stay here.

For more information on the GIP, please visit the

Favourable Factors for Foreign Investors

  • No foreign ownership restrictions on condominiums and mixed developments
  • Clear foreign ownership laws put in place
  • Home buyers can enjoy the security of property rights and laws and regulations
  • No currency controls, capital gains taxes, or withholding tax for property disposals
  • Foreigners are eligible for tax deductions on mortgage interest when the property is rented out
  • Foreigners are eligible for attractive Singapore dollar mortgage loans*
  • Foreigners can obtain a loan quantum of up to 70% of purchase price*
  • Relatively low mortgage interest rates
  • The rental yield is generally higher than the mortgage interest rate
  • A resale market provides investment exits when necessary

*Please contact a bank in Singapore for more information.

Property Taxes and Stamp Duties

Property buyers are liable to pay property tax and stamp duties when buying and owning any property.

Property Tax

The annual property tax is a regulated percentage of the annual value of a property in Singapore. It applies to the owner of any property, even if it is being rented out or left vacant. However, if you own and occupy the residence, you are eligible for lower property tax rates.

Read more about Singapore property tax at

For information on other tax matters, please visit

Stamp Duty

Stamp duty is a tax on dutiable documents relating to any property in Singapore. There are three types of duties payable on the sale, purchase, acquisition or disposal of properties in Singapore:

Buyer’s Stamp Duty

Buyers are required to pay stamp duty on documents executed for the sale and purchase of any property. The stamp duty is computed on the purchase price or market value of the property, whichever is higher.

Additional Buyer’s Stamp Duty

As of 7 December 2011, certain groups of people who buy or acquire residential properties, including residential land, are required to pay an additional buyer’s stamp duty.

Seller’s Stamp Duty

People who buy or acquire residential properties, then sell or dispose of them within the regulated number of years, are required to pay stamp duty.

For information about stamp duties, please visit

Buying A Property In Singapore

Typical Transaction Of Buying A Private Property Under Construction

Typical Transaction Of Buying A Private Property Available For Immediate Occupation

  1. Pay and receive a copy of the Option to Purchase

    The Buyer has to pay 5% of the total purchase price of the property to the Developer as booking fee. He/She will then obtain a copy of the Option to Purchase from the Developer.

    The Option to Purchase is personal to the Buyer. The Buyer is not allowed to assign or transfer the Option to Purchase to any other person.

  2. The Developer will issue the Sale and Purchase Agreement to the Buyer or the Buyer’s solicitor within the next 14 days.

  3. The Option to Purchase will expire three weeks from the receipt of the Sale and Purchase Agreement delivered by the Developer. If the Buyer wishes to exercise the Option to Purchase, he/she must sign and return all copies of the Sale and Purchase Agreement to the Developer before the Option expires.

    If the Buyer fails to sign the Sale and Purchase Agreement within the prescribed time limit as stated in the Option to Purchase, the Developer is entitled to 25% of the booking fee and refund balance 75% to the buyer.

  4. The Buyer has to pay all applicable buyer’s stamp duties within 14 days after signing the Sale and Purchase Agreement. He/She will also have to pay 20% of the total purchase price of the property (which includes the paid booking fee) to the Developer within eight weeks after obtaining the Option to Purchase.

  5. The Buyer is required to pay the remaining 80% of the total purchase price of the property periodically. This will be based on the completion status of the project.

  1. Pay a booking fee and receive a copy of the Option to Purchase

    The Buyer is required to pay 1% to 5% of the total purchase price of the property to the Seller as a booking fee. He/She will then obtain a copy of the Option to Purchase.

    The Option to Purchase is personal to the Buyer. The Buyer is not allowed to convey, assign or transfer the Option to Purchase that has been granted to him/her by the Seller to any other person.

  2. The Buyer has to exercise the Option to Purchase within the next 14 days. He/She will also have to pay 10% of the total purchase price (which includes the paid booking fee). If the Option to Purchase is not exercised within 14 days, the Option to Purchase will expire and the booking fee will be wholly forfeited by the Seller.

  3. The Buyer has to pay all applicable buyer's stamp duties within 14 days after exercising the Option to Purchase.

  4. The Buyer is required to pay the remaining 90% of the total property price within eight weeks from the date of exercise of the Option to Purchase to complete the sale.

Note: The stamp duty, property taxes, legal fees and other professional fees are not included in the transaction price

Note: Option to Purchase cannot be transferred or assigned. The stamp duty, property taxes, legal fees and other professional fees are not included in the transaction price

Mortgage Calculator

Calculate the estimated monthly payments required.
This calculator is only intended to provide an estimate of the amount you need to pay each month for your loan. Please contact your bank directly for more detailed information.

Disclaimer: The mortgage calculator is provided as an estimation tool for your convenience and should not be considered as a loan offer. The above calculation is an estimation only and is not meant to be official projection. City Developments Limited shall not be liable for any error and / or omission and/or loss suffered as a result of reliance on the above calculation.