Penrose Developers: City Developments Limited (CDL) and Hong Leong Holdings Limited (HLHL)

Sengkang Grand Residences

Sengkang Grand Residences Developer for Penrose

City Developments Limited (CDL)

CDL is a world leader when it comes to real estate with an established network that spans 29 countries and in up to 103 locations. The Singapore listed group is among the largest companies in terms of market capitalization. The company’s income portfolio consists of serviced apartments, shopping malls, integrated developments, hotels, offices, and residences.

The company has been offering service in the real estate sector for more than 55 years and has an established track record comprising of investment, real estate development, and management. Over the past years, it has speared the construction of more than 43,000 homes and owns more than 18 m sq ft of lettable floor area worldwide.

The group has managed to achieve its enormous success by leveraging their extensive experience and deep expertise in developing and managing their properties. It is also focused on adding value to all its assets by building innovative and quality spaces that exceed the standards. In the past, CDL has entered into partnerships to deliver some of the most iconic buildings in Singapore and other countries.

By developing properties that meet the desire of most buyers, the company has been able to establish itself as a trusted developer in Singapore and internationally. They offer a secured investment that meets environmental sustainability goals. As a result, they have gained recognition in various fields and won several awards.

Some of their previous projects include.

  • Sengkang Grand Residences
  • Piermont Grand
  • Amber Park
  • Haus on Handy
  • Boulevard 88
  • Whistler Grand
  • Volar
  • Wilkie Studio
  • Villa De West
  • Villas at Kew
  • Trevose Park
  • Tribeca
  • Tree House
  • Trellis Towers
  • The Solitaire
The Avenir Also Developer For Penrose Condo

Hong Leong Holdings Limited (HLHL)

HLHL was founded in 1968 as a subsidiary of Hong Leong Group focused on property development and investment. Hong Leong Group is the largest player in the local private sector spreading its services across North America, Europe, and Asia-Pacific. Its major businesses are in property development and investment, financial services, hotel management, e-Business, and trade & industry.

Being one of the earliest real estate companies in Singapore, the company has developed to become a key player in the real estate industry. They are known for building comfortable homes that meet the current housing demands. Today, it has developed about 100 high-end residential properties and manages 8 commercial projects in some of the most desired locations.

The group has established itself and gained reputation due to its contribution to Singapore’s property market. Through its subsidiaries, the group owns the second-largest residential land bank after the government. It is also rated the largest residential developer owning many commercial properties in Singapore’s CBD.

Since it was founded, the group has continued to employ its wide experience and knowledge in the development of innovative projects in Singapore. It has all the necessary tools that it needs to achieve its vision of delivering sustainable housing spaces that are comfortable to meet the current needs of owners and residents. The company has gained recognition and earned awards due to its immense contribution to the Singapore property market.

Here are some of their past projects.

  • The Avenir
  • Midwood
  • The Jovell
  • Coco Palms
  • St. Regis Residences
  • The Inflora
  • One Shenton
  • Commonwealth Towers
  • The Residences
  • The Meyerise

Latest Updates As At  Sunday, September 24th 2023 updated, Register to receive the price list and book showflat appointment when ready!