tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

City Developments Reports Mixed Q3 Results Amid Strong New Launches

Story Highlights
  • City Developments saw a decline in Q3 2025 sales but increased sales value for the first nine months.
  • The company actively acquired land and launched new projects, with strong sales in October.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
City Developments Reports Mixed Q3 Results Amid Strong New Launches

Meet Your ETF AI Analyst

City Developments ( (SG:C09) ) has shared an update.

City Developments Limited reported a decline in property sales for Q3 2025 compared to the previous year, with 88 units sold totaling $313.2 million, primarily from existing projects. However, for the first nine months of 2025, the company saw an increase in sales value to $2.5 billion, driven by successful projects like The Orie and Piccadilly Grand. The company has been active in land acquisition, securing new sites for future developments, including two Executive Condominium sites, which are crucial for Singapore’s housing market. The launch of the luxury Zyon Grand in October saw strong demand, with 84% of units sold on its launch weekend, reflecting a rebound in residential sales as interest rates moderate.

The most recent analyst rating on (SG:C09) stock is a Hold with a S$8.00 price target. To see the full list of analyst forecasts on City Developments stock, see the SG:C09 Stock Forecast page.

More about City Developments

City Developments Limited operates in the real estate industry, focusing on property development, investment, and management. The company is involved in residential, commercial, and hospitality projects, with a significant presence in Singapore and a growing international portfolio.

YTD Price Performance: 46.88%

Average Trading Volume: 2,006,228

Technical Sentiment Signal: Buy

Current Market Cap: S$6.67B

Learn more about C09 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1