Take a Look at Singapore’s Top Property Developers
CIMB Singapore (an investment bank) released a list of Singapore’s most valuable property developers. The ranks are determined according to market capitalization and market share. Here’s a look:
1. CapitaLand – CapitaLand is the leading property developer in Singapore but third in the whole of Asia. Its market capitalization is US$11.10m with a market share of 20.7. The original focus of the company is development in Singapore and China but it expanded to Australia and Europe.
2. Global Logistics Properties – GLP is known for its large and efficient logistics network. It is present in 33 major cities in China, Japan and of course Singapore. Its market capitalization is US$10.4m with a market share of 18.
3. City Developments Limited – CDL is involved in various real estate development and investment with hotels and management facilities. Its market capitalization is US$8.2m with a market share of 14.3.
4. CapitaMalls Asia – CapitaMalls has incorporated shopping mall business, real estate and asset management. Its market capitalization is US$6.1m with a market share of 10.7.
5. Keppel Land – Keppel has various interests in marine, property investment and infrastructure. Its market capitalization is US$4.9m with market share of 8.5.
6. UOL Group – UOL has various residential apartments, offices, malls, hotels, spas and restaurants. Its market capitalization is US$4.3m with market share of 7.5.
7. Singapore Land – SingLand has office spaces, retail spaces, hotels, shopping, etc. Its market capitalization is US$3.04 with market share of 5.3.
8. Overseas Union Enterprises – OUE has residential and hotel developments. Its market capitalization is US$2.24m with market share of 3.9.
9. Wheelock Properties – Wheelock has several properties like Sea View, The Cosmopolitan, Ardmore II, Orchard View, Ardmore 3, etc. Its market capitalization is US$1.9m with market share of 3.2.
10. Bukit Sembawang Estates – Bukit Sembawang Estates focuses on property related activities. Its market capitalization is US$1.5m with market share of 2.6.
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