City Developments Limited

Corporate Overview

City Developments Limited (CDL), founded over 60 years ago, has built its name and legacy over six decades through innovative development practices that focus on sustainability, design innovation and superior quality. Headquartered in Singapore and boasting presence across 29 countries and regions around the world – CDL holds assets in 100 locations spanning 100 locations around the world. CDL prides itself on sustainable practices such as eco-friendly developments with innovative designs as well as superior quality standards.

Ownership and Leadership
CDL is a publicly listed company on the Singapore Exchange (SGX), belonging to the Hong Leong Group – one of Singapore’s premier conglomerates. CDL’s majority ownership lies with the Kwek family who have played an instrumental role in shaping CDL’s growth and strategic direction. Mr. Sherman Kwek serves as Group Chief Executive Officer; under his stewardship CDL continues expanding its footprint through acquisitions as well as sustainable development initiatives.

CDL’s core business activities span an expansive spectrum of real estate operations. This includes property development, investment properties and hotel operations.

Property Development: CDL has constructed over 47,000 homes worldwide and boasts an outstanding track record in creating high-quality residential, commercial, and industrial properties. Their innovative approach and commitment to sustainability are evident in each project they undertake – all designed to meet the rapidly changing needs of modern urban living.

Investment Properties: CDL owns and manages an extensive portfolio of investment properties, such as office buildings, retail spaces, and residential properties. These assets generate steady and recurring income that contribute to its financial security.

Hotel Operations: Through Millennium & Copthorne Hotels Limited (M&C), CDL manages an international portfolio of over 150 hotels around the world. M&C is one of the largest hotel groups, providing accommodation options ranging from luxury to budget hotels.

Sustainability and Innovation in mind

CDL is a leader in sustainable development and has received many acclaim for their green building initiatives. Their sustainability strategy, CDL Future Value 2030, details their commitment to reducing environmental impacts while simultaneously increasing social value creation and strengthening economic resilience.

One notable example is Republic Plaza, one of Singapore’s tallest skyscrapers that was awarded with a Green Mark Platinum rating by the Building and Construction Authority (BCA). This iconic structure incorporates energy-efficient systems, water saving features, and eco-friendly materials.

CDL’s portfolio boasts several high-profile residential projects that demonstrate its expertise in creating luxurious yet sustainable living spaces.

The Tapestry in Tampines offers one- to five-bedroom units for residential development, and boasts extensive facilities, such as a 100-meter lap pool, tennis court and childcare center. Designed with lush landscaping and thoughtful amenities in mind, The Tapestry strives to offer residents an enjoyable living experience that truly promotes well-being.

Nouvel 18: Located in Ardmore and Anderson enclaves, Nouvel 18 is a joint effort by world-renowned architect Jean Nouvel that epitomizes luxury living with its exquisite design, panoramic views and premium facilities.

Amber Park: Situated at East Coast estate, Amber Park is a freehold development with three 21-story towers featuring The Stratosphere rooftop recreational deck – designed to promote green living by devoting over 70% of its land area to landscaping and communal spaces.

Community Engagement and Corporate Social Responsibility

CDL takes its corporate social responsibility (CSR) seriously and actively engages with the local community through various initiatives that prioritize environmental protection, youth development and social inclusion.

EcoBank: EcoBank is an annual initiative, run in collaboration with Eco-Business, which encourages recycling and reusing pre-loved items for reuse or recycling, with proceeds supporting underprivileged communities through EcoBank proceeds.

Youth4Climate: CDL partners with Singapore Youth for Climate Action (SYCA) to engage young people in climate action and sustainability projects.

Awards and Recognition

CDL has earned itself numerous accolades for its commitment to excellence and sustainability, including being included on both the Dow Jones Sustainability Indices (DJSI) and FTSE4Good Index for three consecutive years, as well as receiving the BCA Green Mark Platinum Champion Award in recognition of its efforts towards green building practices.

City Developments Limited (CDL) stands as a symbol of innovation, sustainability, and excellence within the real estate industry. Boasting an expansive portfolio, strong leadership, and an unwavering dedication to corporate social responsibility (CSR), CDL continues to transform urban landscapes while improving quality of life worldwide. Moving forward, CDL remains committed to creating value for its stakeholders with visionary projects and sustainable practices.

CONTINUE TO WOODLANDS URA MASTERPLAN

Due to the limited number of new condo launches in Woodlands for more than 12 years, Norwood Grand will definitely attract a high level of interest from homebuyers searching to purchase for investment or their own occupation due to the attractive entry price and premium location.

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