$CityDev (C09.SG)$ In Q1 2024, the Group and its joint ventu...

In Q1 2024, the Group and its joint venture (JV) associates sold 429 units with sales revenue of $736.8 million (Q1 2023: 88 units with a total sales value of $213.2 million). The strong sales performance was driven by the launch of Lumina Grand, a 512-unit Executive Condominium (EC) project at Bukit Batok West Avenue 5. 269 units (53%) were sold during the launch weekend in January 2024 and to date, 381 units (74%) have been sold.

The Group’s other launched projects continued to sell well. The Myst, located at Upper Bukit Timah Road, has sold 240 (59%) of its 408 units, while Tembusu Grand, the 638-unit JV project in the heart of Katong, has sold 397 units (62%).