City Developments Limited has been at the forefront of Singapore’s property development since 1963. It is listed on the Singapore Exchange and is involved in real estate development in private properties, hotel ownership and management as well as the provision of hospitality solutions.
The Criterion EC City Development Limited
The extensive history of City Developments Limited has allowed it to gather more than 400 subsidiaries under its wing. Throughout the years in property development, City Developments network of properties has expanded across 91 locations across 25 countries.
To date, City Developments has built more than 36,000 homes across the different market segments. It is also a major landlord for many shopping centres as well as offices in Singapore. The Group also has one of the largest land banks in Singapore allowing it to developer prime residents for its shareholders as well as its stakeholders.
Yishun EC by CDL
Till date, City Development Limited has launched more than 21 residential properties in Singapore and is unarguably one of the major players of real estate development in Singapore.
Due to challenging climate currently in the private property residential development sector, City Development Limited has branched into the hospitality sector by acquiring hotel assets under its arm to gain market share in the sector. City Development Limited continues to time their purchase of different class of assets for development in order to gain equity for its shareholders.
The Criterion EC
The extensive history of City Development Limited also means that the group has become more socially responsible and begin adopting a holistic approach towards building excellence. The group was honoured with the President’s Social Service Award and the President’s Award for the Environment in 2007 in Singapore.