DEVELOPER
Develop By City Developments Limited (CDL) & Mitsui Fudosan
Developer Information: Zion Road Condo
The developer for Zion Road Condo, also known as Zion Residences, is a joint venture between City Developments Limited (CDL) and Mitsui Fudosan, a major Japanese real estate developer. This collaboration combines local expertise with international experience in property development, ensuring high standards of construction and luxurious living spaces.
Development Expertise
- CDL and Mitsui Fudosan focus on residential and mixed-use developments.
- Emphasis on sustainable and quality home concepts.
Partnership Strengths
- CDL’s local knowledge combined with Mitsui Fudosan’s international experience.
- Expected high construction standards and luxurious living spaces.
Site Acquisition
- Developers secured the site with a winning bid of $1.107 billion.
- Equivalent to $1,202 per square foot per plot ratio (psf ppr).
- Obtained through a Government Land Sales (GLS) process, showcasing the competitive property market.