VnExpress International · 17 Sep, 04:00 · Business briefing

Singapore's 2nd richest man Kwek Leng Beng's CDL to start previews for residential towers with units from $1.1M

City Developments Limited, Singapore’s largest private residential developer and owned by billionaire Kwek Leng Beng, has commenced previews for its latest luxury residential towers.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

City Developments Limited, Singapore’s largest private residential developer and owned by billionaire Kwek Leng Beng, has commenced previews for its latest luxury residential towers. The launch marks a significant entry into the high-end property market, with unit prices starting from $1.1 million. This development signals sustained demand for premium housing in Singapore’s central region. The move reflects CDL’s strategic focus on ultra-luxury segments amidst evolving market dynamics. Professionals in real estate, finance, and construction should note this shift, as it underscores the continued strength of Singapore’s property sector despite broader economic uncertainties.

Employer demand for AI in Real Estate skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

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This launch signals strong demand for ultra-luxury assets, elevating the value of specialised skills in high-value property management and strategic sales. If you work in real estate, you must master luxury client relations and exclusive marketing tactics. For finance professionals, expertise in high-net-worth wealth management and cross-border investment structures becomes critical. Construction and project managers should focus on premium quality assurance and sustainable luxury standards. A smart professional would immediately deepen their knowledge of luxury market trends and regulatory frameworks for high-value transactions. Networking with elite brokers and understanding the psychology of ultra-wealthy buyers will differentiate you. Prioritise courses that blend technical real estate knowledge with sophisticated client engagement strategies to capitalise on this niche market growth.

For this story, the fields that convert it into pay are AI in Real Estate, Finance and Accounting, Strategic Marketing and Project Management — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

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