{
  "id": 7949077,
  "title": "Singapore's 2nd richest man Kwek Leng Beng's CDL to start previews for residential towers with units from $1.1M",
  "url": "https://urgent.news/2026/09/17/singapores-2nd-richest-man-kwek-leng-bengs-cdl-to-start-previews-for",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T04:00:49.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/property/singapore-s-2nd-richest-man-kwek-leng-beng-s-cdl-to-start-previews-for-residential-towers-with-units-from-1-1m-5121030.html"
  },
  "original_language": "en",
  "account": "Singapore's second wealthiest individual, Kwek Leng Beng, is set to begin previews for his CDL-developed residential towers, Lucerne Grand, with units ranging from S$1.1 million. The two-bedroom units, measuring 624 square feet, begin at S$2,401 per square foot, while three-bedrooms start at nearly S$2 million for 883 square feet, and four-bedrooms are priced from S$2.8 million for 1,152 square feet. The 570-unit project will open for previews on Friday and sales bookings commence on October 3. Lucerne Grand is part of a mixed-use development near Lakeside MRT station and consists of five 17-story residential towers on Lakeside Drive. Its ground floor will feature a supermarket, shops, and food and beverage outlets. The site, secured through a government land sale for S$608 million, is close to Jurong Lake District, Singapore's largest non-city center business district, as well as the Jurong Innovation District and Jurong Point Shopping Center. CDL, chaired by Kwek Leng Beng, is one of Singapore's largest property developers, with a 230.7% year-on-year surge in net profit to S$301.6 million for the first half of this year.",
  "summary": "City Developments Li, controlled by billionaire Kwek Leng Beng, is launching previews for its 570-unit apartment project in Singapore, with the smallest units priced at roughly S$1.5 million (US$1.18 million).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}