Norwood Grand is being developed by CDL Group, a well-known and reputable developer in Singapore. The robust bid from CDL for the site reflects their confidence in the Woodlands area as a prime location for residential development.

The nearing completion of the Singapore-Johor Rapid Transit System (RTS), slated for 2026, is expected to significantly enhance transportation links between Singapore and Johor, which in turn could increase property valuations in Woodlands. This, along with the expansion of Woodlands Regional Centre and latent demand for new private residences in the area, likely contributed to the strong bid from CDL.

Despite some competing bids being less than $750 psf ppr, CDL’s bid reflects their confidence in the area’s potential for growth and development. The rising prices of Housing Board homes in Woodlands may also bolster demand from HDB upgraders for the proposed development in Norwood Grand.

CDL’s reputation for quality and attention to detail in their developments should provide assurance for potential buyers. The developer remains committed to sustainability across its projects, which is reflected in the design and construction of Norwood Grand.

CDL’s involvement in the development of Norwood Grand should provide confidence for potential buyers in the quality and potential of the development.