Wednesday 15 Jan 2025
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You need to have the right entry price on the land to get the right price point in the sale to get your fat margin. And, historically, CDL had such a tremendous legacy land-bank that we had a straightforward proposition in that we could deliver products relatively comfortably with the very forgiving data point that the land had been bought at… We need to replicate that strategy overseas.

 

Grant Kelley
Chief Executive Officer
City Developments

City Developments’ CEO Grant Kelley explains how the game has changed for the local property bellwether in our cover story, ‘Going global’, in The Edge Singapore (week of June 20 – 26), available at newsstands now.

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