Commonwealth Towers - The New Skyscraper by City Developments Limited

City Developments Limited has been a part of the Singapore real estate market from long with track record of over 50 years in real estate development, investment and management. They have recently introduced a new Skyscraper in Singapore named Commonwealth Towers. After so many rounds of cooling measures, the heat is still on if the response to Commonwealth Towers is anything to go by. Apparently, more than 1,500 people turned up at the preview during launch.

The project is a prominent 43 storey skyscraper featuring 844 homes, all of which are already almost sold out. With 99 years lease-hold, the project include homes of various sizes from one to four bedroom. The project is located right in the heart of Queensway and is very close to the Queensway MRT station.

“With this project, they have targeted customers who prefer relaxing life and reside in a good neighborhood. Queensway is named after the Queen of England and this in itself portrays a certain statement about the area,” explained Michael, a leading realtor in Singapore.

The project has received positive reviews from real estate experts, thanks to its proximity to educational places, entertainment and a shopping center. “While its location is good and some of its layout planning works well, the smaller bedrooms and possible overcrowding issues may turn some people off,” says Michael.

“The developers have serviced the Singapore real estate market for quite a while now and know the trends the market has gone through. They are of the firm view that, the prices of houses will skyrocket taking into account the market’s growth rate,” adds Michael. “I personally hold the view that you should visit surrounding properties before you finalize it. Seeing is believing and you may realize the beauty of the project and surrounding only after you visit the site.”

City Developments Limited has managed to build a very solid reputation for itself in Singapore over the years. It is definitely a name that resonates with many especially in the real estate residential market. The company has been able to put up a large number of buildings across Singapore and Commonwealth Towers Condo skyscraper is their newest project.