Singapore Trusted Property Pioneer Since 1963
Since its inception in 1963, City Developments Limited (CDL) has been Singapore’s property pioneer. The legacy of CDL’s past five decades has been one of the sustained growth and accomplishment.
With extensive network of more than 400 subsidiaries and associated companies under its wing, CDL has five companies listed on notable stock exchanges in New Zealand, Hong Kong, London and Philippines. The Group currently owns and manages a solid portfolio of residential and investment properties, in addition to hotels, across Asia, Europe, the Middle East, North America and New Zealand/Australia.
CDL holds an impressive track record of having developed over 36,000 luxurious and quality homes across diverse market segments. As one of Singapore’s biggest landlords, it owns close to7.2 million square feet of floor/lettable area of office, industrial, retail residential and hotel space locally and globally. Amongst private developers in Singapore, the Group possesses one of the largest land banks, with more than 2.7 million square feet, which can be potentially developed into 7.6 million square feet of gross floor area.
As a socially responsible corporation, CDL is fully committed towards environmental sustainability and has been taking the lead in shaping Singapore’s built environment since the 1990s. This year, 2015, City Development will be embarking on Asia’s 1st and likely the world’s largest application of Prefabricated Prefinished Volumetric Construction for a large-scale residential development, The Brownstone EC.
Established in 1972, TID Pte. Ltd. Is a joint venture between two multinational corporations: Hong Leong Group from Singapore, and Mitsui Fudosan Co., Ltd. from Japan.
Hong Leong Group Singapore is a globally diversified company and is one of Asia’s largest and most successful conglomerates. The Group’s core businesses are property development, hospitality, financial services, and trade & industry.
Mitsui Fudosan Co., Ltd. is one of Japan’s largest real estate and a market leader in almost every aspect of real estate activities.
TID Pte. Ltd. is led by a strong Japanese management team and has been very active in property development in Singapore for the past 40 years. Its portfolio of successful quality projects include Optima@Tanah Merah, a project that was immediately sold out due to overwhelming response, and Nathan Suites, a luxurious condominium in a prestigious residential enclave.