City Developments Limited
City Developments Limited, or CDL, is a publicly listed real estate company with operations in 26 countries. Its portfolio includes residences, shopping malls, hotel ownership and management, and hospitality solutions. Founded in 1963, CDL is one of Singapore’s most diversified companies, with over 18 million square feet of floor area worldwide. Its chief executive officer and chairman are Kwek Leng Beng and Sherman Kwek, respectively.
CDL’s portfolio includes over four7,000 residences and nearly eleven million square feet of developed property. The company also has interests in serviced apartments, shopping malls, and hotel projects. Its diverse portfolio of properties ensures a stable cash flow, and the company isn’t overly reliant on a single business segment. Its international operations contributed a total of 44% of EBITDA to the group.
Today, CDL focuses on the development of residential, office, and hotel properties. One of its most notable projects is the 66-floor Republic Plaza, Singapore’s tallest building. It also owns over 140 hotels in the world under the Millennium & Copthorne Hotels arm. Its investments in real estate are one of its biggest sources of revenue. It also boasts a strong portfolio of properties that have been leased or sold to tenants.
As a pioneer in the real estate industry, CDL has been committed to reducing the environmental impact of its properties. The company is committed to a zero-carbon future and has set scientific emission reduction targets for each of its buildings. It has also signed the WorldGBC’s Net Zero Carbon Buildings Commitment and aims to have all of its new developments net-zero by 2030, and advocates achieving zero-carbon operational emissions by 2050.
CDL has a long history of innovation. Its Innovation Lab has been focused on smart green home features, and tropical technologies. The company has been in partnership with the National University of Singapore since 2016. In recent years, its projects have incorporated new solar technology, anti-bacterial solutions, and sustainable building materials. In addition to its innovation, CDL has set up an incubator with UNDP and the Singapore Centre for Social Enterprise to help startups and innovators develop new solutions to meet the UN Sustainable Development Goals.
MCL Land
MCL Land is a property developer in Singapore, with a reputation for building quality homes. The company is a part of the Jardine Matheson Group, a conglomerate under Hongkong Land Holdings. With a portfolio that spans Singapore, Malaysia, and China, this real estate development company has a proven track record of quality home development. Some of the notable projects by MCL Land include Uber 388, Este Villa, The Palms @ Sixth Avenue, and The Esta @ Amber Gardens.
One of the company’s most popular developments is Hallmark Residences, which features 519 units and is located near the Serangoon MRT. Other amenities nearby include the New Shopping Mall, Serangoon Sports Stadium, Nanyang Junior College, and Paya Lebar Methodist Girls’ Pri & Sec School. The community is also close to the Orchard Road shopping district. It is a great place for families, as it is near good schools.
If you’re worried about getting lost or missing a bus, Moovit can help you navigate to Margaret Ville MCL Land. The free transit app helps you find the best bus time and train route for your needs. You can also use Moovit to compare bus and train fares and arrive at your destination on time. This free app makes getting to Margaret Ville MCL Land a breeze. Its easy-to-use interface lets you easily compare the cost of different bus or train routes and get an idea of how much they cost.
In District 22, Lakeville condominium is a prime location. Next to the Canadian International School, it is only five to eight minutes’ walk from two MRT stations, Lakeside and Chinese Garden. It is also within close proximity to Jurong Regional Line, a future train line that will improve connectivity in the Jurong region. The line will also serve the new Tengah new town, Nanyang Technological University, Jurong Industrial Estate, and Jurong Island.