City Developments Limited (C09.SI) Stock Rises After CDL Sells Quayside Isle for S$97.3 Million: Latest News, Forecasts and Analyst Views (16 Dec 2025)
City Developments Limited (CDL) stock climbed on Tuesday, 16 December 2025, after the Singapore-listed developer announced the sale of Quayside Isle @ Sentosa Cove for S$97.3 million—a transaction that management says sharpens its capital recycling drive and unlocks value at a meaningful premium to book. CDL+2The Edge Singapore+2 With analysts increasingly focused on asset monetisation, lower interest rates, and potential shareholder returns, the Quayside Isle divestment has become a fresh catalyst for City Developments Limited stock (SGX:C09 / C09.SI) heading into 2026. The Business Times+2CDL+2 What happened today: CDL sells Quayside Isle @ Sentosa Cove CDL said it has entered