About Penrose's Developers
Penrose's developers are City Developments Limited (CDL) and Hong Leong. CDL is the second biggest developer in Singapore.
They have been building iconic properties in Singapore. Properties owners has become they fans for the reputable and reliable finishes.
Penrose's will going to be another track record of their development.
City Developments Limited (CDL)
Haus on Handy
CDL is a leading global real estate company with a network spanning 106 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, shopping malls and integrated developments.
With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 46,000 homes and owns over 24 million square feet of gross floor area in residential, commercial and hospitality assets globally. Its diversified global land bank offers 3.4 million square feet of land area.
Beyond shaping skylines with architectural icons, CDL has transformed Singapore’s built environment with numerous award-winning green buildings. For over two decades, CDL has embraced its ethos of “Conserve as we Construct”, investing in game-changing innovations that have been key enablers of resource efficiency and productivity.
CDL has established itself as a leader in the industry, being consistently presented with new awards for its outstanding green buildings. At the Building and Construction Authority (BCA) Awards 2019, CDL has emerged as the only developer to be conferred the Quality Excellence Award – Quality Champion (Platinum) for seven consecutive years. This award recognises leading progressive developers and builders for their commitment and achievement in delivering high quality homes through workmanship excellence and quality assurance programmes. In BCA's online tool `Search for Quality Housing', CDL was listed as the top developer, reflecting its high workmanship quality standard.
In Euromoney’s 13th annual Real Estate Survey in 2017, CDL was named the Best Residential Real Estate Developer in Singapore. Adding on to its overseas achievements, CDL’s Chongqing Eling Residences was the recipient of the top-tier Green Mark Platinum Award, a first for a residential project in China. Eling Residences is also China’s first 3-Star Certification Residential project in Chongqing.
Globally, CDL remains the first Singapore corporation to be listed on three of the world’s leading sustainability benchmarks – FTSE4Good Index Series (since 2002), Global 100 Most Sustainable Corporations in the World (since 2010), and Dow Jones Sustainability Indices (since 2011). City Developments Limited (CDL) has emerged the longest-running Singapore-based company to be listed on the Global 100 Most Sustainable Corporations in the World, underscoring its unwavering conviction and commitment to sustainability. CDL is the first and only Singapore company to be on the index for 11 consecutive years. .
The Hong Leong Group's
ST. Regis Residences
The Hong Leong Group's major push into the property business began in the late 1960s when it consolidated most of its property interests and investments in Hong Leong Holdings Limited. The Group bought a majority stake in City Developments Limited, and transformed it from a loss-making company into a profitable property giant and bellwether stock on the Singapore Stock Exchange.
As a major commercial landlord and landowner in Singapore's competitive real estate market, the Group collectively owns over 8 million square feet of lettable office, industrial, retail and residential space. It is also the largest residential developer in Singapore with nearly one in every five private homes sold in 2013 built by the Hong Leong Group.
Over the past five decades, the Group has developed many iconic properties along the Singapore skyline and positioned itself as a market leader with more than 130 quality residential properties and over 100 premium commercial and mixed-use developments, including projects like One Shenton, The Tate residences, Sage, The St. Regis Hotel and Residences, Singapore, W Singapore- Sentosa Cove, The Residences at W Singapore- Sentosa Cove and Quayside Isle.
The Penrose Developer Appointed Sales Team
Interested for the best developer discounts or latest information updates on Penrose including available units? Then call us at +65 6204 1699. Being Officially Appointed Penrose Sales Representative, we are able to offer you the best deals always! Better yet, should previously sold units become available because of non exercise of options etc, we will be among the first to know.
Arrange Private Showflat Viewing
Visits to Penrose showflat are strictly by appointment only. Call us today to arrange your private visit. Alternatively, message us using the click button below
Sales Hotline: +65 6204 1699