CapitaLand Development
CapitaLand Development is the development arm of Singapore-listed CapitaLand Limited, originating residential, commercial, business park, mixed-use, industrial, and hospitality real estate across Singapore and Vietnam, anchored by the Geneo life sciences cluster and large consortium-led mixed-use projects.
- Company typePrivate
- Founded2001
- HeadquartersDhaka, Bangladesh
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What CapitaLand Development does
CapitaLand Development (CLD) is the development arm of CapitaLand Limited, a Singapore-listed diversified real estate group. The company originates, develops, and leases residential, commercial, business park, mixed-use, industrial, and hospitality properties, with its principal operating footprint in Singapore and an expanding presence in Vietnam. Core products include the S$1.4 billion Geneo business park and life sciences cluster at Singapore Science Park (integrating 1, 5, and 7 Science Park Drive with ~180,600 sq m gross floor area, including 80,000 sq m of purpose-built biomedical R&D infrastructure); Gourmet Xchange, Singapore's largest strata-titled food development in Kallang; the Thomson Reserve condominium near Upper Thomson MRT; and the S$1.5 billion Hougang Central mixed-use development executed through a consortium with UOL Group and CapitaLand Integrated Commercial Trust. The company also participates in the Moxy Singapore Clarke Quay hospitality venture with City Developments Ltd.
The business model combines one-time development sales (residential condominium units, strata-titled industrial food units, mixed-use components) with recurring direct leasing income from Grade A business park and biomedical R&D workspaces at Geneo, where anchor tenants include government agency A*Star and multinationals Barry Callebaut, Chugai Pharmabody Research, Henkel, and NSG Bio. The go-to-market relies on enterprise field sales for commercial leasing, direct sales for residential and strata industrial units, and consortium joint ventures with established Singapore developers (notably UOL Group) for large mixed-use and en bloc redevelopment projects. Recent deal velocity — multiple Singapore Government Land Sales transactions, the Thomson View en bloc, and expansion into Vietnam — indicates a strong, repeatable development pipeline backed by the parent's balance sheet and brand.
Note on naming: The trade name "CapitaLand Development" is also used by an unrelated Bangladeshi developer, CapitaLand Development Ltd. (CDL), founded in 2002 in Dhaka as part of Capita Group (capitagroupbd.com), which focuses on Dhaka residential and commercial real estate. The analytical content above pertains to the Singapore CLD entity as evidenced by the substantive deal and partnership data; the Bangladesh entity is a separate organization.
CapitaLand Development firmographics
Firmographics- Name
- CapitaLand Development
- Legal name
- CapitaLand Development
- Website
- https://capitagroupbd.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- CapitaLand Development is the development arm of Singapore-listed CapitaLand Limited, originating residential, commercial, business park, mixed-use, industrial, and hospitality real estate across Singapore and Vietnam, anchored by the Geneo life sciences cluster and large consortium-led mixed-use projects.
- Ownership category
- akta.pro rank
CapitaLand Development industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Commercial and Institutional Building Construction (23622)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where CapitaLand Development is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices3 records
Markets served
CapitaLand Development business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
Revenue model
- Business Park and Life Sciences Real Estate: Development and leasing of business park and life sciences properties, including purpose-built biomedical R&D infrastructure and Grade A business park workspaces
Go-to-market motion1 record
Distribution channels3 records
Marketing channels2 records
CapitaLand Development product offering
Product offeringCore offering
CapitaLand Development develops and sells residential, commercial, mixed-use, business park, and industrial real estate in Singapore and Vietnam. Core offerings include purpose-built biomedical R&D infrastructure at Singapore Science Park (Geneo), residential condominiums (Thomson Reserve), industrial food facilities (Gourmet Xchange), mixed-use developments (Hougang Central), and hospitality developments (Moxy Singapore Clarke Quay).
Product overview
CapitaLand Development operates as a real estate development company offering a diversified portfolio of property developments across Singapore and international markets including Vietnam. Core offerings include commercial business parks (Geneo at Singapore Science Park), mixed-use developments (Hougang Central), residential condominiums (Thomson Reserve), industrial facilities (Gourmet Xchange), and hospitality projects (Moxy Singapore Clarke Quay). The company also maintains significant commercial asset holdings and participates in large-scale joint ventures with partners such as UOL Group.
Differentiator
Problem solved
Functional benefit
Products and services
- Geneo Business Park A S$1.4 billion business park and life sciences cluster at Singapore Science Park integrating three properties at 1, 5 and 7 Science Park Drive with 180,600 sq m gross floor area, including 80,000 sq m of purpose-built biomedical R&D infrastructure and Grade A business park workspaces for life sciences, biomedical, and corporate tenants.
- Thomson Reserve Condominium development by UOL Group and CapitaLand Development following en bloc acquisition of Thomson View for approximately S$810 million. Located near Upper Thomson MRT Station with modern smart home designs targeted at homebuyers and investors.
- Gourmet Xchange Singapore's largest strata-titled food development spanning 44,108 sq m with maximum gross floor area of 114,239.2 sq m, located in Kallang industrial estate. Specialised industrial facility targeting food industry tenants with strata-titled food factory units.
Quantifiable outcome
- Over 80% occupancy achieved at Geneo cluster
- +1 more outcomes
Companies that use CapitaLand Development
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
CapitaLand Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CapitaLand Development partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- City Developments LtdcoreJoint venture with City Developments Ltd for the S$475 million forward purchase of Moxy Singapore Clarke Quay. The transaction involves CDL Hospitality Trusts acquiring the property from the CDL and CapitaLand Development joint venture.
- UOL GroupcoreJoint venture partnership with UOL Group for Thomson Reserve condominium development following en bloc acquisition of Thomson View for approximately $810 million. The partnership leverages both developers' reputations and combined expertise in Singapore property market.
- CapitaLand Integrated Commercial TrustcoreThree-party consortium with UOL Group and CapitaLand Integrated Commercial Trust (CICT) for the S$1.5 billion Hougang Central mixed-use development bid. This represents a significant joint investment in Singapore's largest GLS transaction.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
CapitaLand Development competitors and assessment
Company assessmentDirect peers
- Building for Future Limited (BFF): Bangladesh real estate developer active in residential and mixed-use developments in Dhaka. Comparable on mid-to-premium residential focus and Dhaka-centric operating model.
- Eastern Housing Limited: Listed Bangladesh real estate developer focused on residential and commercial properties in Dhaka. Comparable mid-to-large scale developer serving overlapping residential buyer segments.
- Bashundhara Land Development Limited: Large Bangladesh real estate developer with a diversified portfolio spanning residential townships, commercial complexes and mixed-use projects in Dhaka. Comparable as a major Bangladeshi developer serving similar end-customers across price tiers.
- Shanta Holdings Limited: Bangladesh developer focused on premium residential and commercial projects in Dhaka, including Gulshan and Banani micro-markets. Closely comparable on premium positioning and geographic overlap.
- Navana Real Estate Limited: Bangladesh developer with residential and commercial project pipeline in Dhaka. Comparable on geographic concentration and product mix serving similar buyer profiles.
- Rangs Properties Limited: Bangladesh real estate arm of the Rangs Group, developing residential and commercial projects in Dhaka. Directly comparable as a conglomerate-affiliated developer in similar product segments.
- Concord Group: One of Bangladesh's largest real estate developers operating across residential, commercial and mixed-use developments in Dhaka. Directly comparable as a Bangladesh-focused developer in overlapping residential and commercial segments; the MD of CapitaLand Development co-founded Concord Condominium Limited with this group historically.
Broad incumbents
- City Developments Limited (CDL): Singapore-listed international real estate developer with global portfolio spanning residential, commercial and hospitality. Comparable as a larger, diversified regional incumbent in overlapping real estate development categories, with significantly greater scale and geographic reach.
- Frasers Property Limited: Singapore-listed multi-national real estate developer with residential, commercial and industrial assets across Asia. Comparable as a regional incumbent operating in adjacent Asian markets with overlapping asset classes.
- Mapletree Investments: Singapore-based real estate development and investment company with extensive Asia portfolio across commercial, residential, logistics and mixed-use assets. Comparable as a larger diversified Asia real estate incumbent.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CapitaLand Development social profiles
Digital presenceCapitaLand Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
CapitaLand Development leadership team
Management profileNumber of profiles
CapitaLand Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CapitaLand Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CapitaLand Development
What does CapitaLand Development do?
CapitaLand Development develops and sells residential, commercial, mixed-use, business park, and industrial real estate in Singapore and Vietnam. Core offerings include purpose-built biomedical R&D infrastructure at Singapore Science Park (Geneo), residential condominiums (Thomson Reserve), industrial food facilities (Gourmet Xchange), mixed-use developments (Hougang Central), and hospitality developments (Moxy Singapore Clarke Quay).
Is CapitaLand Development a public or private company?
CapitaLand Development is a private company. It is classified as corporate owned and is currently operating.
When was CapitaLand Development founded?
CapitaLand Development was founded in 2001. It employs 101 to 250 people.
Where is CapitaLand Development based?
CapitaLand Development is headquartered in Dhaka, Bangladesh, in the Asia region.
How does CapitaLand Development make money?
One revenue line is on record: business Park and Life Sciences Real Estate.
Who are CapitaLand Development's main competitors?
Direct peers on record are Building for Future Limited (BFF), Eastern Housing Limited, Bashundhara Land Development Limited, Shanta Holdings Limited, Navana Real Estate Limited, Rangs Properties Limited and Concord Group. Broad incumbents are City Developments Limited (CDL), Frasers Property Limited and Mapletree Investments.
Does CapitaLand Development have an API?
No public API is recorded for CapitaLand Development.
What industry is CapitaLand Development in?
CapitaLand Development's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 236117 and its SIC code is 6552.