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 2017, CDL was the most awarded developer in the private-sector. It gained the honour of being the first and only property developer to be given the inaugural Quality Star Champion Award, along with winning the Quality Champion (Platinum) Award for the fifth year. In BCA’s new 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.

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 5.1 million to 6.9 million* by 2030. Singapore is also a thriving cosmopolitan city with a multicultural population. Ethnic Chinese make up about 74.2% of the population and Malays comprise 13.3%. Indians are 9.1% of the population and other ethnicities make up 3.3%.

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


Singapore is renowned for its broad-based and holistic education system with excellent schools, facilities and teachers. The bilingual policy - under which students learn English as a first language and another major local language - also places students at a competitive advantage while maintaining cultural identity and values. Most Singaporeans are bilingual in English and a second language, commonly Mandarin, Tamil or Malay. Although Malay is the official national language, English is the language of business and instruction.

The Singapore Government also continually improves the education system to meet the changing world. Furthermore, Singapore’s universities, including National University of Singapore (NUS), Nanyang Technological University (NTU) and Singapore Management University (SMU), have consistently been ranked amongst the top universities in the world.



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 commercial district, the Central Business District is where you'll find Shenton Way, Downtown Marina Bay and Singapore River.

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.

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

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

(District 11)

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

Suburban districts

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

Asia’s Most Promising Destination For Real Estate Investment

Singapore presents the perfect environment to live in and for investment. One of the fastest growing economies in Asia, Singapore is ranked fourth among the world's top ten financial centres according to the 2011 Global Financial Centres Index.

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

Top in key global rankings for cities

Singapore is globally regarded as a great place to live, work and play. Among other accolades, Singapore has been ranked the world’s easiest place to do business and the Asian country with the best quality of life.

Sources: Contact Singapore International Rankings and EDB Facts and Rankings

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 casinos at Marina Bay Sands and Resorts World Sentosa, accessible 24/7.

Singapore has also been recognised as the 3rd most popular place to relocate to worldwide over the last five years.

Source: The top 10 Cartus’ Rankings of Top 25 Relocation Destinations in 2011.

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 read the Contact Singapore GIP Fact Sheet.

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.

Taxes & Regulations

Before making your next residential property investment, here are the important things you should take note of.

Property Tax

The annual property tax is a regulated percentage of the annual value of a Singapore property. If you own and occupy the residence,
you are eligible for lower property tax rates.

More about property tax

Buyer’s Stamp Duty

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

More about buyer’s stamp duty

Additional Buyer’s Stamp Duty

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

More about additional buyer’s stamp duty

Seller’s Stamp Duty

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

More about seller’s stamp duty

Eligibility to buy Executive Condominium

To purchase an Executive Condominium, several conditions need to be met, including citizenship, income, private property ownership
and more.

Read all eligibility conditions

Steps to buying a private property

Currently being developed

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: 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.

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