Amber Park is developed by City Developments Limited and Hong Leong Group.
City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 103 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, integrated developments and shopping malls.
With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 43,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified global land bank offers 4.1 million square feet of developable gross floor area.
The Group’s London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), is one of the world’s largest hotel chains, with over 135 hotels worldwide, many in key gateway cities.
Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.
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.