Highlights of the Year

  • CDL and joint venture partners Hong Leong Holdings Limited and Hong Realty (Private) Limited officially launched Echelon, a 508-unit condominium at Alexandra View.
  • CDL Hospitality Trusts (CDLHT), an associate of Millennium& Copthorne Hotels plc (M&C), acquired the Angsana Velavaru, its first property in the Maldives, for US$71.0 million. The resort features 79 beachfront villas and 34 water villas.
  • CDL was listed on Corporate Knights’ Global 100 Most Sustainable Corporations in the World, coming in at 52nd place. It was also the top-ranked company from Singapore as well as Asia (excluding Japan).

  • CDL recorded its highest ever revenue of $3.4 billion and a profit after tax and non-controlling interests of $678.3 million for the full year ended 31 December 2012.

  • Two residential developments were unveiled – the 912-unit D’Nest in Pasir Ris, a joint venture between CDL, Hong Leong Holdings Limited and Hong Realty (Private) Limited; as well as the 868-unit Bartley Ridge on Mount Vernon Road, a joint venture between CDL, Hong Leong Holdings Limited and TID Pte. Ltd..
  • Quayside Isle (QI) – the only lifestyle and dining enclave within the luxury waterfront precinct of Sentosa Cove, was officially launched with a nautical-themed celebration. Together with The Residences at W Singapore – Sentosa Cove and W Singapore – Sentosa Cove hotel, QI completed the marina lifestyle hub that CDL had envisioned for the Cove when it was first awarded this integrated site in 2006.
  • NV Residences, a 642-unit development in Pasir Ris Grove, obtained its Temporary Occupation Permit (TOP).

  • M&C completed the acquisition of a plot of land in South Korea with a total area of 1,563.7 square metres, adjacent to the Millennium Seoul Hilton Hotel, for £17.2 million.
  • City Square Mall was accorded the Excellence Award in the Shopping Mall category at the Businesses for Families Council’s “We Welcome Families” Awards 2013.
  • The second edition of the biennial Building and Construction Authority (BCA)-CDL Green Sparks Competition, which challenged tertiary students to conceptualise a revolutionary green show suite, was held. 23 teams from five tertiary institutions submitted proposals – a 15% increase in participation from its inaugural competition.
  • The annual CDL E-Generation Challenge, which aims to foster eco-consciousness amongst youths in an interactive and engaging manner, returned for its fourth run with over 500 youth participants – its largest eco-race to date.

  • CDLHT unveiled plans to overhaul Orchard Hotel Shopping Arcade as a family-centric mall with enhanced retail offerings, including refreshing the property’s facade and existing amenities.
  • CDL was awarded double honours by UK-based safety organisation Royal Society for the Prevention of Accidents (RoSPA). It was recognised with the RoSPA Gold Medal Award for Occupational Health and Safety and was also the first company outside of Europe to receive the International Dilmun Environmental Award for excellence in environmental, health and safety management.
  • CDL received 23 corporate and project awards at the BCA Awards 2013, making it the private developer to receive the most number of awards. CDL was also the first developer to receive the prestigious Quality Excellence Award – Quality Champion (Platinum) and Construction Productivity Award – Advocates (Platinum).
  • My Tree House – World’s 1st Green Library for Kids, a collaboration with the National Library Board, was officially opened by Dr Yaacob Ibrahim, Minister for Communications and Information at the Central Public Library. This was the first of CDL’s two green “gifts” to the nation, in celebration of its 50th anniversary.
  • In the US, Millennium Minneapolis reopened after the successful completion of its £15.0 million refurbishment.

  • The 616-unit Jewel @ Buangkok, located just 3-minutes’ walk to Buangkok MRT station, was launched.
  • The 396-unit Hundred Trees condominium at West Coast Drive obtained its TOP.
  • CDL was accorded Singapore’s BCI Asia Top 10 Developers Award for the third consecutive year.
  • CDL published its sixth Sustainability Report titled “Changing the Landscape”. For the second year running, the Report achieved the Global Reporting Initiative (GRI)-checked Level A+ using the G3.1 guidelines and the Construction and Real Estate Sector Supplement (CRESS).

  • M&C launched M Hotel Chengdu, the second M Hotel in the world and M&C’s 12th property in the Greater China region.
  • City Serviced Offices, a wholly-owned subsidiary of CDL, celebrated its 10th anniversary. It also opened its second location at 9 Tampines Grande.
  • CDL was conferred the Distinguished Patron of the Arts Award by National Arts Council for its sustained efforts in nurturing and cultivating creative talents.
  • CDL China, a wholly-owned subsidiary of CDL, held a groundbreaking ceremony for Hong Leong City Center, its sizeable mixed-use development next to Jinji Lake in Suzhou.

  • The nature-inspired 380-unit Lush Acres Executive Condominium (EC) located in Sengkang was launched.
  • Tree House, a 429-unit eco-inspired condominium located within the Upper Bukit Timah and Chestnut Avenue estate, obtained its TOP.
  • The 466-unit Rainforest EC was awarded the National Parks Board’s inaugural Landscape Excellence Assessment Framework (LEAF) certification for the project’s outstanding greenery.

  • CDL commemorated its 50th anniversary with a Golden Gala Celebration dinner held at the W Singapore – Sentosa Cove hotel, with over 400 dignitaries in attendance, including Guest-of-Honour Deputy Prime Minister Teo Chee Hean, Coordinating Minister for National Security and Minister for Home Affairs. A commemorative book titled “A Lasting Impression” chronicling CDL’s journey over the last 50 years was published.
  • CDL announced it had entered into a sales and purchase contract for the acquisition of 28 Pavilion Road in Knightsbridge, a freehold property in Central London, currently used as a multi-storey car park, for £80.0 million.
  • The 177-unit Cube 8, located along Thomson Road, obtained its TOP.
  • CDL emerged Best Residential Developer and Best Leisure & Hotel Developer in Singapore in Euromoney’s Real Estate Survey 2013. It was also named the Regional Sector Leader for Asia in the Global Real Estate Sustainability Benchmark Report 2013 and was ranked 22nd of 543 participating organisations globally.
  • The third CDL-Singapore Compact Young Corporate Social Responsibility (CSR) Leaders Award was held, providing youths between 17 and 30 years old the opportunity to develop meaningful CSR proposals for Singapore-based Small and Medium-sized Enterprises from diverse industries.
  • W Singapore – Sentosa Cove emerged the winner of the Hotel category at the FIABCI Singapore Property Awards 2013.

(From right to left) CDL Executive Chairman Mr Kwek Leng Beng, Deputy Prime Minister Mr Teo Chee Hean, CDL Deputy Chairman Mr Kwek Leng Joo, and CDL Board of Directors cut the specially-commissioned cake to mark CDL’s 50th anniversary.


  • The fifth edition of the only nation-wide sculpture competition, the biennial CDL Singapore Sculpture Award 2013 drew 305 submissions. 25 of the most creative and award winning artworks were displayed at an exhibition held at The Arts House.
  • The Venue Residences and Shoppes, a mixed development by CDL and Hong Leong Holdings Limited offering 266 apartments and 28 retail and dining units was launched. It is situated at Tai Thong Crescent, a mere 3 minutes’ walk to Potong Pasir MRT station.
  • The Inflora condominium, a 396-unit joint venture by CDL, Hong Leong Holdings Limited and TID Pte. Ltd. at the Changi/Pasir Ris locale, was launched.
  • CDL was named Best Developer (Singapore) at the South East Asia Property Awards 2013. The Glyndebourne, developed by M&C, also clinched the Best Residential Interior Design award.

  • The CDL Green Gallery, Singapore’s First Zero Energy Green Gallery, was officially launched by Prime Minister Lee Hsien Loong. It is an extension to the Singapore Botanic Gardens’ (SBG) Heritage Museum and boasts a host of innovative eco-features designed for energy self-sufficiency. Developed by CDL, the Gallery is the Company’s second green “gift” to the nation in celebration of its 50th anniversary. CDL Deputy Chairman Mr Kwek Leng Joo also held a photographic exhibition showcasing an evocative series of images of the SBG. These initiatives were in support of SBG’s nomination bid to become Singapore’s first UNESCO World Heritage Site.
  • The sculpture “All the Essentially Essential” by local artist Tan Wee Lit – the winning work at the 3rd CDL Singapore Sculpture Award 2007 – was installed at Raffles Place Park, making it CDL’s sixth public artwork.
  • CDL picked up two honours at the Securities Investors Association Singapore Investors’ Choice Awards 2013: Runner-up in the Most Transparent Company Award (Real Estate Category) and Merit in the Internal Audit Excellence Award.
  • CDL’s office building 11 Tampines Concourse and eco-mall City Square Mall received the Leadership in Energy and Environmental Design (LEED) certification under the Existing Buildings: Operations & Maintenance category – Platinum and Gold respectively.
  • At the MIPIM Asia Awards 2013, Tree House received top honours in the Best Innovative Green Building category with a Gold ranking while Cube 8 was accorded a Bronze ranking in the Best Residential Development category.

  • M&C announced the proposed acquisition of a leasehold interest in a luxury, all-suite hotel located in the upscale Chelsea Harbour district of London, offering 154 suites and four penthouses, for £65.0 million subject to standard purchase price adjustments.
  • CDLHT acquired its second Maldives luxury resort – Jumeirah Dhevanafushi for US$59.6 million. The property comprises 19 beachfront villas and 16 over-water villas, with two additional beachfront villas slated for completion in 2014.
  • CDL was conferred the inaugural Eco-Green Outstanding Leadership Award at the Asia Responsible Corporate Awards 2013, an extension and the highest tier of the Built Environment Industry Asia Awards 2013.
  • CDL emerged the inaugural winner in the IR Magazine Awards – South East Asia 2013, Best Sustainability Practice category.
  • For the second year, CDL garnered the accolade of Best Sustainability Report from Singapore at the National Center for Sustainability Reporting’s ninth Indonesia Sustainability Reporting Awards.

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