City Developments Limited

50 of our employees recently had an incredible opportunity to visit Samwoh Smart Hub – Singapore's first BCA Green Mark Platinum (Positive Energy) building, to learn about Samwoh's innovative and sustainable practices. This visit forms part of CDL employees’ foundational training on sustainability. Our employees gained insights into Samwoh’s advanced civil and infrastructure engineering capabilities, their strategic innovations in sustainable construction and pioneering efforts in developing low-carbon construction materials. They also learnt about Samwoh’s initiatives and efforts in place for the health and wellbeing of their employees. It was truly inspiring to witness the behind-the-scenes research efforts that go into achieving a positive energy building. This experience has not only broadened our employees’ understanding but also motivated us to press on for our own sustainability initiatives! A heartfelt thank you to Samwoh Corporation Pte Ltd and Chief Operating Officer Dr HO NYOK YONG for hosting us and generously sharing your invaluable knowledge in the civil and infrastructure industry!  #citydevelopments #cdlsustainability

Marking the first Millennium Hotels and Resorts M Social hotel in Thailand, M Social Phuket's grand opening was a much awaited one. Joining in the celebration were members of our Board and senior management team. A beacon of modern luxury, the lifestyle hotel’s 418 social rooms and suites are artfully designed to create a luxurious and functional space for travellers seeking an indulgent retreat. This includes Phuket’s first AI voice-controlled assistant, Aiello, in all rooms, allowing guests to have seamless control and personalised service round the clock. Marrying contemporary aesthetics with unparalleled state-of-the-art technology, M Social Phuket is a stunning property that houses the perfect environment to relax and unwind. (From left to right: M Social Phuket’s General Manager Mr Pjey Mayandi, CDL’s Board Members Mr Chong Yoon Chou and Mr Philip Lee, CDL's Group General Manager Mr Chia Ngiang Hong, CDL's Group Chief Operating Officer Mr Kwek Eik Sheng, Mrs Cecilia Kwek Leng Beng, CDL's Group CEO Mr Sherman Kwek, CDL’s Group CFO Ms Yiong Yim Ming, CDL's Board Members Mr Tan Kian Seng and Mr Colin Ong) #CityDevelopments #MillenniumHotels #MyMillennium #MSocialPhuket #GrandOpening #Hospitality #Luxuryhotel #Phuket #TravelDestination

#DidYouKnow that The Bailey's Hotel London has a restaurant called 'The Bugis Singapore Restaurant,' inspired by the vibrant flavours of Singapore’s once-infamous Bugis Street.   Find out more here: https://lnkd.in/gfCW6SH5   #cdlstories #citydevelopments 

𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 𝐇𝐨 𝐇𝐨𝐧𝐠 𝐏𝐞𝐰 What does a rewarding career look like to you? Meet Hong Pew Ho, Vice President of the Infrastructure team in the Information Technology department who has been with City Developments Limited for 16 years and counting! For Hong Pew, a rewarding career goes beyond professional growth. It's about being part of a collaborative culture, working in an organisation that aligns with his values, and contributing to a progressive employer dedicated to innovation and transformation. Read on to discover more about Hong Pew's career journey. #citydevelopments #employeespotlight

Last Friday, Jungceylon Shopping Center and M Social Phuket officially unveiled their new looks to the world! To celebrate this major milestone, members of CDL's Board and senior management team joined in the joyous celebrations at Jungceylon. CDL looks forward to driving operational efficiency and returns by bolstering our portfolio, through the revitalisation and repositioning of assets. Read more here: https://lnkd.in/g7davrqU (From left to right: CDL's Board Member Mr Tan Kian Seng, CDL's Group CFO Ms Yiong Yim Ming, CDL's Group General Manager Mr Chia Ngiang Hong, Phuket Square's Executive Board of Director Mr Suchad Chiaranussati, CDL's Group CEO Mr Sherman Kwek, Phuket Square's CEO Mr Prawit Janyasittikul, CDL's Group Chief Operating Officer Mr Kwek Eik Sheng, CDL's Board Members Mr Philip Lee, Mr Colin Ong and Mr Chong Yoon Chou.) #CityDevelopments #Thailand #Phuket #HolidayDestination #Jungceylon #MSocialPhuket #ShoppingMall #Hotel #Hospitality

𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 𝐅𝐫𝐚𝐧𝐜𝐢𝐬 𝐘𝐮   At City Developments Limited, we are committed to our digital transformation journey. This journey would not be made possible without our dedicated Information Technology team.   Francis Yu, Vice President of the Applications team in the Information Technology department highlights the importance of fostering team synergy to cultivate a collaborative and inclusive team environment. This approach empowers the team to embrace new skill sets and drive innovation throughout our digital transformation journey.   Find out more about CDL's digital transformation journey here: https://lnkd.in/gtWZM5J8   #citydevelopments #employeespotlight 

As part of our asset rejuvenation strategy, we continue to focus on enhancing our assets to drive performance. Following an extensive THB 1B asset enhancement initiative (AEI) that began in 2022, the revamped Jungceylon Shopping Center in Phuket is set to officially unveil its new look and fresh immersive concepts this weekend. Located in the heart of the bustling Patong neighbourhood, the transformed mall has been repositioned as “The Oasis of Shopping in Patong’’. Boasting over 300 stores across four distinct zones: The Jungle Zone, The Botanica Zone, The Bay Zone and The Garden Zone; Jungceylon Shopping Center is a 200,000 sqm shopper’s haven that offers a refreshed shopping and lifestyle experience. Thoughtfully adorned with nature themes to evoke serenity, this one-stop destination is adjacent to the trendy and stunning 418-room M Social Phuket (formerly known as Millennium Resort Patong Phuket). Read more about this vibrant space here: https://lnkd.in/gbQTGkC6 #CityDevelopments #Thailand #Phuket #HolidayDestination #Jungceylon #MSocialPhuket #ShoppingMall

We are delighted to partner DBS Bank on a first-of-its-kind S$400MM TNFD targets-aligned sustainability-linked loan. CDL’s Group CFO Ms Yiong Yim Ming, said: “CDL takes pride in being the first Singapore company to voluntarily report according to the TNFD Recommendations. We believe that robust sustainability reporting can channel capital to expedite green building and climate action. We are pleased to partner with DBS in this first-of-its-kind financial solution aligned with our nature-specific climate action targets. Since 2017, we have secured over S$8B in sustainable financing to develop smarter, greener and more nature and climate-friendly infrastructure. We aim to enhance our triple bottom line through sustainable development, achieve our net zero ambitions and align finance with sustainability performance through innovative capital management initiatives.” Introduced in September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) framework is a set of global standards and guidelines designed to help businesses effectively integrate nature and biodiversity considerations into corporate decision-making.  This loan is designed to incentivise CDL’s ongoing efforts to achieve significant environmental, social, and governance (ESG) milestones, with proceeds allocated to general corporate funding, working capital, and asset redevelopment initiatives. It also incorporates specific targets for conserving biodiversity, managing waste and enhancing water efficiency, all integral to TNFD’s Recommendations. Read more: https://lnkd.in/dVcDHwYK #CityDevelopments #TaskforceonNaturerelatedFinancialDisclosures #TNFD #Sustainability #GreenFinance #GreenLoan #RealEstateInvestment

𝐒𝐆𝐁𝐂-𝐁𝐂𝐀 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐢𝐧 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐀𝐰𝐚𝐫𝐝𝐬 𝟐𝟎𝟐𝟒   City Developments Limited is honoured to share that we have received two awards from SGBC-BCA Leadership in Sustainability Awards co-organised by the Singapore Green Building Council (SGBC) and the Building and Construction Authority (BCA).   𝘗𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘪𝘯 𝘚𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺 Our heartiest congratulations to Xuejia Qian, Senior Manager (Technology & Engineering) Green Building, Decarbonisation & Safety (GBDS) for winning the Professional Leadership in Sustainability. The award recognises green building professionals who are driving positive change in sustainability within the built environment and have made outstanding contributions to green building development.   𝘉𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘓𝘦𝘢𝘥𝘦𝘳𝘴𝘩𝘪𝘱 𝘪𝘯 𝘚𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺 CDL has been awarded the Business Leadership in Sustainability Award - Impact. This award recognises organisations that have integrated sustainability into their business models and made significant contributions to the Built Environment sector and its stakeholders.   CDL takes immense pride in our sustainability achievements and the professionals whose unwavering dedication shapes a sustainable future. These individuals are part of the driving force behind our green initiatives and advancement towards our net-zero goal.   The awards we have received demonstrate our commitment to a climate-positive future. They highlight the significant impact of our sustainability efforts and reinforce our resolve to lead by example in the pursuit of a greener, more sustainable world.   #citydevelopments #cdlsustainability 

𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐒𝐩𝐚𝐜𝐞𝐬: 𝐓𝐡𝐞 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐑𝐨𝐥𝐞 𝐨𝐟 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧 𝐁𝐫𝐢𝐝𝐠𝐢𝐧𝐠 𝐭𝐡𝐞 𝐏𝐡𝐲𝐬𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐖𝐨𝐫𝐥𝐝𝐬   The real estate industry has a rich history of established practices, which has led some to regard it as traditional and question how it can integrate technology into its business practices. However, there are ample opportunities for innovation within the real estate sector.   As our Chief Technology Officer, Ivan Ng, puts it, "The real estate industry does not exist in a vacuum. We live in the age of transformative technology, with the integration of technology in spaces to enhance life experiences."   In this article, we explore how technology has shaped modern living and how City Developments Limited has embraced these digital advancements in response to changing consumer behaviour. #citydevelopments