One Pearl Bank CapitaLand (Developer)
About the Developer – CapitaLand Limited
CapitaLand Ltd is among the largest real estate companies in Asia. It was formed in 2000 after Pidemco Land (a subsidiary of ST Property Investments), and DBS Land (a subsidiary of DBS Bank) merged into CapitaLand Limited (SGX: C31). The firm has its headquarters and listed in Singapore.
Today, the company owns and manages a global portfolio that exceeds S$100 billion. The portfolio comprises of real estate investment trust (REITs) and funds, homes, offices, lodging, shopping malls, and integrated developments. By 31st Dec 2018, the company’s market capitalization was estimated to around S$13 billion.
CapitaLand has established its presence in over 30 countries and 180 cities with major investments in Singapore and China. The company is expanding its markets to include the US, Europe, Indonesia, and Vietnam.
Some of the groups of CapitaLand are CapitaLand Commercial, CapitaLand China Holdings, CapitaLand Residential Singapore, CapitaValue Homes and Australand (listed, CapitaLand has 59.3% ownership).
Its subsidiaries include CapitaRetail China Trust (REIT), CapitaMalls Malaysia Trust (REIT), CapitaCommercial Trust (REIT) (SGX: C38U), Ascott Residence Trust (REIT), and CapitaMalls Asia (SGX:JS8).
What makes CapitaLand standout from other developers is its wide market network and a large asset base. Besides, they have strong development and operation capabilities coupled with amazing designs. This has enabled them to develop unique real estate products and offer exceptional services.
The company’s business can be split into 4 segments:
- Trading properties (Development).
- Commercial & integrated developments.
- Shopping malls.
- Serviced Residences.
Some of the projects done by the CapitaLand include:
- Bedok Residences.
- Nine Cairnhill.
- Orchard Residences.
- Sky Habitat.
- Sky Vue.