Singapore’s CDL to sell $2.75 bil office complex to cut debt

Singapore’s CDL to sell $2.75 bil office complex to cut debt was reported by EdgeProp Singapore on 4 June 2025.

CDL will sell its 50.1% stake in Southbeach to minority owner IOI Properties Group.

Why this matters for Singapore commercial property

The update adds evidence on office demand, workplace strategy, vacancy and the competitive position of Singapore business districts. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore office market

• Location: Singapore

• Reported benchmark: $2.75 bil

• News date: 4 June 2025

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Source: EdgeProp Singapore, 4 June 2025