22/09/2026
💰 They paid $1,132 psf for the land.
Then add construction. Financing. Marketing. A margin.
CDL answers to shareholders. None of them are you.
📊 Break-even came back around $1,900 psf.
So when my research said the launch would average $2,400… it wasn’t a surprise.
You could see it the day the tender closed.
The spreadsheet can tell you CDL is confident.
It cannot tell you CDL is right. ⚠️
That 10% gap over Frasers is theirs to justify. Not yours.
The only question that matters 👇
Is their exit price a good entry price for you?
🎥 Full review is up — 12 minutes, 5 stops. Link in bio.
Comment CHECKLIST and I’ll send the 80/20 I run on every launch. ✅