City Developments Ltd - Company Profile
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City Developments Ltd (CDL) is a provider of real estate development services. It carries out the real estate development, funds management, facilities management, hotel operations and management, and hospitality activities. The company's portfolio includes residences, offices, hotels, serviced apartments, retail malls, and integrated developments. CDL’s key properties include Republic Plaza, City Square Mall, HLCC Mall, Aldgate House, Tanglin Shopping Centre, Norwood Grand, Biltmore Court & Tower, Palais Renaissance, Delfi Orchard, and Zuiderhof I. The company's properties cater to a diverse range of customers, including residential, commercial, and hospitality sectors. Its target markets include Asia, Europe, Australasia, the Middle East, and North America. CDL is headquartered in Singapore.
Headquarters
Singapore
Address
9 Raffles Place, #12-01 Republic Plaza, Singapore, 048619
Website
cdl.com.sg
Telephone
65 6 8778228
No of Employees
9,546
Industry
Construction
Ticker Symbol & Exchange
C09 (SIN)
Revenue (2025)
$2.7B
9.7%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
212.8%
(2025 vs 2024)
Market Cap*
$5.9B
Net Profit Margin (2025)
XYZ
185.4%
(2025 vs 2024)
* As of and is in US$
City Developments Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Hotel Operations |
| Hospitality Solutions |
| Development and Sale of Properties |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, Millennium & Copthorne Hotels New Zealand signed a new management lease agreement with Hospitality Services Limited to renew the management lease for Grand Millennium Auckland. |
| 2025 | Contracts/Agreements | In June, the company entered into an agreement to sell its 50.1% stake in the South Beach mixed project to IOI Properties Group for SGD834.2 million. |
| 2025 | Corporate Changes/Expansions | In March, the company launched CDL EcoTrain and CDL Microforest, at City Square Mall, the first eco-retail complex in Singapore. |
Competitor Comparison
| Key Parameters | City Developments Ltd | CapitaLand Group Pte Ltd | Ayala Land Inc | Frasers Property Ltd | UOL Group Ltd |
|---|---|---|---|---|---|
| Headquarters | Singapore | Singapore | Philippines | Singapore | Singapore |
| City | Singapore | Singapore City | Makati | Singapore | Singapore |
| No. of Employees | 9,546 | 10,473 | 257 | 5,032 | 1,900 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kwek Leng Beng | Chairman | Executive Board | 1995 | - |
| Sherman Kwek Eik Tse | Chief Executive Officer; Director | Executive Board | 2019 | - |
| Yiong Yim Ming | Chief Financial Officer | Senior Management | 2016 | - |
| Kwek Eik Sheng | Chief Operating Officer | Senior Management | 2022 | - |
| Ivan Ng | Chief Technology Officer | Senior Management | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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