380 Jalan Besar, Singapore 209000  ·  A rare freehold commercial icon of the city fringe
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ARC 380 freehold commercial tower at Jalan Besar

CDL's 5, 6 and 60: Reading the Numbers

Home › CDL's 5, 6 and 60: Reading the Numbers

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Three numbers anchor the 28 September 2026 strategic review of City Developments Limited (CDL), as reported by EdgeProp Singapore. Each is worth reading on its own terms before anyone draws conclusions about a particular office building.

  1. About S$5 billion to invest. Over FY2027 to FY2029, the group intends to put roughly this much into new assets under its "GET+" plan. It is an intention for the whole group, spread across several markets and asset types. It does not identify what will be bought or when.
  2. At least S$6 billion to divest. The sell-down target is larger than the buying target. That suggests the group plans to release capital tied up in existing holdings, but the figure does not say which assets, or whether any of them are offices.
  3. About 60 percent for Singapore. Of the planned new investment, close to S$3 billion is earmarked for Singapore, while the remainder goes to China, Japan and other markets. Chief executive Sherman Kwek said that depending too heavily on one market is not wise, which explains the geographic split.

What the three figures share is scale without specifics. None of them says anything about rents, vacancy, or what any single unit on Jalan Besar might change hands for, and none should be treated as a forecast.

Where ARC 380 fits is a separate matter, and it rests on the building's own details. The development at 380 Jalan Besar is freehold, built by Tong Eng Group and completed with TOP in 2018. Strata offices occupy Levels 5 to 16, with twelve units on a typical level, ranging from about 700 sqft up to a full floor of about 9,500 sqft. Bendemeer MRT is roughly five minutes away on foot. The project details page lays out the floors, amenities and the Roof Terrace with its 25 m pool on the 17th storey.

It also helps to remember what the numbers are not. They are not a count of buildings, a vacancy reading or a rental benchmark. Anyone wanting a fuller picture of the building can begin at the ARC 380 homepage and then compare its levels and unit sizes against their own space needs.

A buyer comparing options might therefore weigh a short list of factors that sit outside any developer's earnings call: the size of unit that suits the business, the tenure, the walk to the station, and the financing terms available at the time of purchase.

For those who would like to check availability or arrange a viewing, send the sales team a message and ask which levels currently have units on offer.

Taken together, the review offers context about one developer's priorities, nothing more. The building's own specifications, its tenure and its position near the Bendemeer corridor remain the better guide for anyone shortlisting space here, and they can be checked directly against the published floor information.

General information only, not financial or legal advice.

Source: CDL's strategic review of 28 September 2026, as reported by EdgeProp Singapore. This article is independent commentary; ARC 380 is not affiliated with the parties mentioned.