CDL Posts Mixed Q3 Results With Strong Residential and Office Gains
CDL Posts Mixed Q3 Results With Strong Residential and Office Gains
As of September, CDL's committed occupancy for its Singapore office portfolio was 97.4%, mainly attributable to the increase in occupancy at South Beach. Meanwhile, its Singapore retail portfolio registered a committed occupancy of 98.5%.Its total residential sales in Q3 soared 88% to $611.1m.
其第三季度的住宅总销售额飙升了88％，至6.111亿美元。
City Developments Limited's (CDL) total residential sales value surged 88% in Q3 2024 to $611.1m year-on-year (YoY), with 321 units sold compared to 183 units valued at $325m in Q3 2023.
城市发展有限公司（CDL）的住宅总销售价值在2024年第三季度同比增长88％，至6.111亿美元，售出321套，而2023年第三季度为183套，价值3.25亿美元。
The increase in sales was mainly driven by the launch of the 276-unit freehold Kassia in July which sold 65% of its units.
销售额的增长主要是由7月份推出的276套永久产权Kassia所推动的，该套房的售出量为65％。
As of September, CDL's committed occupancy for its Singapore office portfolio was 97.4%, mainly attributable to the increase in occupancy at South Beach. Meanwhile, its Singapore retail portfolio registered a committed occupancy of 98.5%.
截至9月，城市发展集团新加坡办公室投资组合的承诺入住率为97.4％，这主要归因于南海滩的入住率增加。同时，其新加坡零售投资组合的承诺入住率为98.5％。
On the flip side, CDL's hotel operations in Singapore saw a 2.1% year-on-year (YoY) decline in RevPAR for 9M 2024, primarily due to lower Average Room Rates (ARR), despite major events such as the Taylor Swift concerts in Q1 and the Formula 1 Singapore Grand Prix in Q3.
另一方面，尽管有诸如第一季度的泰勒·斯威夫特音乐会和第三季度的一级方程式新加坡大奖赛等重大活动，但城市发展集团在新加坡的酒店业务在2024年900万的RevPAR同比下降了2.1％，这主要是由于平均房价（ARR）的降低。
