CapitaLand Development (CLD) is the development arm of the CapitaLand Group, a diversified real estate giant headquartered in Singapore. Following a restructuring in 2021, CLD was established as a privately held property development arm, while its sister entity, CapitaLand Investment (CLI), focuses on asset management. CLD specializes in creating integrated developments, residential, retail, office, and business park projects, with a strong focus on core markets in Singapore, China, and Vietnam
Background and Evolution
• Origin: CapitaLand Group was formed in 2000 through a merger of DBS Land and Pidemco Land, creating a "national champion" in real estate.
• 2021 Restructuring: CapitaLand underwent a major restructuring that separated its development business (CLD) from its fee-based fund management business (CLI).
• Focus: CLD is tasked with developing iconic city landmarks, award-winning homes, and mixed-use projects.
Key Markets and Portfolio
• Core Markets: Singapore, China, and Vietnam.
• Portfolio Strength: As of mid-2025, CLD's portfolio was worth approximately S$21.3 billion.
• Asset Classes: Integrated developments, residential (over 19,000 homes in Vietnam alone), retail, office, lodging, business parks, industrial, logistics, and data centres.
• Notable Projects: Raffles City Chongqing, Lumi Hanoi.
Expertise and Core Competencies
• End-to-End Capabilities: CLD manages the entire real estate value chain, from site acquisition and master planning to project development and management.
• Sustainability & Innovation: The company focuses on sustainable urban development, green building practices, and digital technology integration.
• Regional Presence: Over 40 years of experience in Singapore and decades of operations in China and Vietnam.