City Developments Limited (CDL)
City Developments Limited (CDL) is one of Singapore’s largest property development companies. Since its founding in 1963, CDL has emerged as one of the most respected and diversified real estate companies in Asia-Pacific. The company has developed a reputation for quality, innovation, and sustainability in the development of real estate over the years.
CDL is a public company listed on the Singapore Exchange (SGX). Due to its strong financial performance and reputation, it has become one of the most trusted choices for real estate investors. The company was founded by Kwek Hong Png as a small property development company. Initial projects were residential in nature in Singapore, but the company soon expanded its portfolio to include commercial, hospitality, and industrial projects as well.
In addition to residential, commercial, retail, and industrial properties, CDL has a diverse portfolio of real estate holdings. Besides Singapore, the company has projects in several international markets, including the United Kingdom, China, Japan, Australia, and the United States. CDL is well known for its commitment to sustainable development. In recognition of its green initiatives and environmentally friendly building designs, the company has received numerous awards and recognitions. Additionally, CDL has set ambitious sustainability goals, such as achieving net zero carbon emissions by 2050.
CDL is also a major player in the hospitality industry in addition to its real estate developments. Its subsidiary, Millennium & Copthorne Hotels Limited (M&C), owns and operates a portfolio of hotels and serviced residences throughout the world. Over the years, CDL’s international presence has grown significantly. Numerous landmark projects have been undertaken by the company in various countries, contributing to the urban development and economic growth of these countries. In addition to building luxury residences, commercial buildings, and mixed-use developments, the company is known for its innovative and iconic projects. In order to create cutting-edge developments, CDL frequently collaborates with world-renowned architects and designers.
The CDL Group is committed to corporate social responsibility (CSR) and actively participates in philanthropic activities and community initiatives. The organization promotes education, healthcare, and the preservation of the environment, as well as various charitable causes. It is led by a dynamic management team and a board of directors with extensive experience in the real estate industry. CDL’s leadership plays an important role in the company’s growth and success.
City Developments Limited (CDL)’s track record includes Tembusu Grand, Copen Grand, Piccadilly Grand, Canninghill Piers, Irwell Hill Residences and Boulevard 88.
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