DEVELOPER
Summervale Properties Pte Ltd is a subsidairy of City Developments Limited
City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 103 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls.
With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 43,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified global land bank offers 4.1 million square feet of developable gross floor area.
The Group’s London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), is one of the world’s largest hotel chains, with over 135 hotels worldwide, many in key gateway cities.
Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.
The P&T Group is an energetic team of diverse talents with technical expertise in architecture, engineering, interior and planning, all dedicated to the pursuit of place-making. The guiding principle of the Group's corporate model is their results-oriented, collaborative approach which encompasses each member of the team to work closely towards a common goal to create successful projects.
As such, the Group is organized as a privately held company headquartered in Hong Kong, where directors frequently convene to share ideas and maintain group ideologies, while connecting and collaborating with professional staff within the various office locations such as mainland China, Singapore, Thailand and Dubai. The Group’s global experience is combined with local knowledge to bridge the gap between cultures and disciplines, and to collectively exceed clients’ expectations.
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