𝕏xSG BusinessReal Estate first seen 10 h ago, last 6 h ago, peak #5

City Developments plans S$5 billion Asia investment push

Original: City Developments, the Singapore property group controlled by one of the city’s wealthiest families, wants to invest S$5

City Developments, the Singapore property group controlled by one of the city's wealthiest families, plans to invest S$5 billion (about US$3.9 billion) in Singapore, China and Japan by 2029. The move is aimed at regaining investor confidence after a public feud within the founding clan weighed on the company.

Why now: The investment pledge follows a high-profile family feud that damaged investor confidence in one of Singapore's biggest property groups.

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• City Developments, the Singapore property group controlled by one of the city’s wealthiest families, wants to invest S$5 billion ($3.9 billion) in Singapore, China and Japan by 2029 to regain investor confidence after a feud within the clan · business · 27

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