CDL: Developer OF Forest woods Condo
City Development Limited is one of the Singapore’s largest real estate company. It has an impressive record of developing 36,000 luxury homes in its locality- Singapore. Being a leading international property and Hotel MNC, it has a wide spread network comprising over 300 associated companies and subsidiaries that cover different sectors such as hotel ownership & management, real estate investment & development, and facilities management. It has its roots spread over 90 different locations in 26 countries including- Asia, Europe, North America, New Zealand and The Middle East.
The company has a remarkable diversified-portfolio of 18 million square feet of floor area covering hotels & residences, offices & service apartments, industries, integrated development, and shopping malls.
At present, the company has up to $2.6 billion of funds under its management and has emerged as Singapore’s major commercial landlord. The company is continuously catching growth in real estate developments. CDL is pro-active in five main international markets- China, UK, US, Japan and Australia.
CDL: The Glorious History
CDL, a Singapore-based company, is serving the real estate sector, worldwide, since 1963. The company started in 1963 with a team comprising eight employees at Amber Mansions along Orchard Road.
During the 1960s, the company went public, and the shares got listed on Malayan Stock Exchange. In its first year, the company completed its first residential project – The Fresh Breezes. Besides, in 1965, it got its first high-rise residential project known as City Towers.
During the 1970s, the company completed a joint development project- The City Plaza. In the same decade, the company announced the maiden dividend to its shareholders. It was an era of its growth.
During the 1980s, CDL stepped into the hospitality sector with an acquisition of Copthorne King’s Hotel.
The 1990s was the decade that the CDL went international, the company entered into Europe by launching its first hotel in London- The Gloucester. Later after 2000, the company expanded over middle-east by securing its management contract with the Unites Arab Emirates.
In the 2010s, the CDL China, a wholly-owned subsidiary company of CDL, made its first acquisition in Chongqing, China.
Adding further to it, a London-listed subsidiary of CDL – Millennium & Copthorne Hotels is the largest international hotel group with 126 hotels across the world.
What Forest woods Residences Buyers Can Expect From The Developer
CDL has an international presence and reputation. In every CDL project, the prestige of the brand itself is at stake, and Forestwoods Residences is not an exception. The company goes on over delivering its promises so as to maintain peoples’ trust in it and the honor.
As a Forest woods condo buyer, you can trust upon every feature and facility the authorities are assuring you of. CDL enjoys an extensive list of satisfied customers who are loyal to the brand.
Long story short, you can expect a high-quality lifestyle with all the necessary facilities such as maintenance, green-environment, security, parking, playground for children, etc. It’s going to be your