New York-Inspired Living at The Brownstone - JUL 15 - City ...

Page created by Byron Ross
CONTINUE READING
New York-Inspired Living at The Brownstone - JUL 15 - City ...
JUL 15

                      New York–Inspired
                      Living at The Brownstone
                      Leading the Way for
                      Sustainability Reporting
                      CDL Emerged Biggest Winner
                      at BCA Awards 2015

Artist’s Impression
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CITY HYPE                                                                                                                                                                                                                                                                     JUL 2015

    Extraordinary New York-Inspired Living
                                                                                                                                             For families with young children, there
                                                                                                                                             are plenty of schools nearby – with
                                                                                                                                             Wellington Primary School and
                                                                                                                                             Sembawang Primary School both
                                                                                                                                             within a one-kilometre radius, and
                                                                                                                                             the upcoming GEMS World Academy
                                                                                                                                             Singapore. Also serving the area is Khoo
                                                                                                                                             Teck Puat Hospital, which will be joined
                                                                                                                                             by more healthcare facilities such the
                                                                                                                                             Yishun Community Hospital and Admiralty
                                                                                                                                             Medical Centre in the coming years.

                                                                                                                                             Moreover, the area around the upcoming
                                                                                                                                             Canberra MRT station is expected to be
                                                                                                                                             further developed in the next few years.
                                                                                                                                             This includes industrial developments
                                                                                                                                             along Gambas Avenue, and the upcoming
                                                                                                                                             development of Woodlands Regional
                                                                                                                                             Centre and North Coast Water Fabrication
                                                                                                                                             Park nearby which will transform the area
                                                                                                                                             into a bustling commercial hub.

                                                                                                                      The Brownstone         Visit the Sales Gallery
                                                                                                                      – CDL’s 638-           (located next to
                                                                                                                      unit Executive
                                                                                                                                             Sembawang MRT station)
                                                                                                                      Condominium
                                                                                                                      directly next to the   from 10am to 7pm, or                           Artist’s Impression
                                                                                                                      upcoming Canberra      call +65 6877 1818.
                                                                                                                      MRT station in         Scan the QR Code                              Apartments at The Brownstone feature expansive jetty balconies that do justice to the views and
    Artist’s Impression                                                                                               Sembawang.             for more information.                         extend the living space.

                                                                                                                                               World Record in Sight
                                                 The development will be embraced              Comprehensive Amenities                                                                                                                      PPVC – Transforming the
                                                 by lush greenery from the ground              Nearby                                                                                                                                       Way We Build
                                                 up, with hanging bosque and living
                                                 greenwalls reinforcing the sense of           Living at The Brownstone will be a                                                                                                           SUPERIOR CONSTRUCTION METHOD
                                                 nature. Surrounding all these facilities is   breeze with several major shopping              Currently under construction, The Brownstone has made headlines with its
                                                                                                                                                                                                                                            • Enjoy extraordinary construction
    Homebuyers with their eye on the             a verdant landscape of trees and fields,      malls nearby. They include Sembawang            innovative Prefabricated Prefinished Volumetric Construction (PPVC) construction
                                                                                                                                                                                                                                               for your home, with the superior
    recent transformations in the northern       graced by a unique Lawn Vista.                Shopping Centre which is right next to          methodology. The use of PPVC for this project is the first of its kind in Asia, and
                                                                                                                                                                                                                                               method of PPVC.
    part of Singapore have an extraordinary                                                    the EC, Sun Plaza, Causeway Point               likely the world’s largest application for a large-scale residential development.
    residential development to look out for.     Thematic Recreational Facilities              and the upcoming Northpoint City,                                                                                                            STRINGENT QUALITY CONTROL
                                                                                               Singapore’s largest suburban mall which         Some 5,000 building modules will be prefabricated off-site, and subsequently
                                                                                                                                                                                                                                            • Our high quality is maintained
    Located right next to the future             The Brownstone’s wide-ranging facilities      will integrate with a community centre,         assembled onsite. This is expected to increase productivity by more than 40%,
                                                                                                                                                                                                                                                through stringent quality control
    Canberra MRT station, The Brownstone         will provide residents a whole new level      town plaza and air-conditioned public           which translates into some 55,000 man days saved, compared to conventional
                                                                                                                                                                                                                                                as components are fabricated in
    Executive Condominium (EC) is the            of enjoyment and experience. Amongst          transport hub.                                  construction methods. The EC is thus expected to complete ahead of schedule.
                                                                                                                                                                                                                                                factory conditions off-site and
    only new EC directly next to an MRT          the plethora of thematic recreational                                                                                                                                                          assembled onsite.
    station. Comprising 638 units, the EC        facilities are the Sky Barbeque located       To relax, residents can go to the nearby
    is developed by CDL with joint venture       at the Sky Deck – where gourmands can         Sembawang Park, Yishun Park, upcoming                                                                                                        INCREASED PRODUCTIVITY
    partner TID Pte. Ltd..                       cook up a storm; numerous luxurious           Springleaf Park and Admiralty Park                                                                                                           • More than 40% increase in
                                                 pools to dip into – ranging from lap          which is slated for transformation into a                                                                                                       productivity, as compared to
    Contemporary Living in a                     pools, kiddie play and splash pools, to       recreation destination come 2016.                                                                                                               conventional construction methods,
    New York-Inspired Residence                  a social pool; a junior skating rink – for                                                                                                                                                    for faster construction time.
                                                 active types to go for speedy rounds;         For the adventurous, the 24-hour free-
    Comprising two- to five-bedroom              and exercise sets at the gym on the Sky       access leisure park Orto offers a plethora                                                                                                   ENHANCED SAFETY
    apartments, with eight blocks rising up      Deck. Also on the Sky Deck, residents         of activities such as prawning, fishing,                                                                                                     • Enhanced worksite safety and
    to 12 storeys, the EC’s brown sandstone-     with green fingers can try their hand         futsal, trampoline jumping and paintball.                                                                                                       increase in worksite cleanliness
    inspired textured facade with unique jetty   at community gardening at the four            Those into water sports can try out                                                                                                             because building components are
1   balconies takes design cues from New         different Social Gardens (Wellness, Spice,    kayaking, windsurfing and sailing at the         For Illustration Only                       For Illustration Only                              made in factories rather than onsite.         2
    York Brownstone row houses.                  Fruit and Cooling Herbs).                     PA Water Venture Sembawang.
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CITY HYPE                                                                                                                                                                                                                                                                     JUL 2015

    A Frontrunner in Real Estate

    CDL Chief Executive Officer (CEO) Mr Grant Kelley shares how CDL and Hong Leong Group pioneered the
    growth and development of the sector.
                                                                                                                                                                                                                                          “Over the past 70 years,
                                                                                                                                                                                                                                          the Hong Leong Group
                                                                                                                                                                                                                                          has developed a deep
    With over 70 years of heritage, the Hong     to capitalise.” Its subsidiary M&C is         CDL is being part of the Hong Leong                                                                                                        understanding of both local
    Leong Group (Singapore) of companies         also looking to invest significantly in       Group - a multi-billion business worth over                                                                                                and regional businesses
    has grown alongside Singapore and            refurbishment of properties in key            S$40 billion in diversified premium assets                                                                                                 which has enabled its
    has deeply entrenched itself locally and     gateway cities and attractive acquisition     worldwide and companies traded on seven
                                                                                                                                                                                                                                          companies to be leaders in
    overseas in property development, hotels,    opportunities, according to Mr Kelley.        of the world’s major stock markets.
    financial services and trade and industry,
                                                                                                                                                                                                                                          their respective fields.”
    and increasingly, fund management.           Pioneering Singapore’s Growth                 Other businesses under the Hong Leong                                                                                                      Mr Grant Kelley
                                                                                               umbrella include Hong Leong Finance,
    Just walk down Singapore’s Central
                                                                                                                                                                                                                                          CDL Chief Executive Officer
                                                 While CDL was founded in 1963, its            the largest finance company in Singapore
    Business District and it would not be        parent company Hong Leong Group’s             and a pioneer in financing SMEs and
    surprising to see several skyscrapers        heritage dates further back when one of       Hong Leong Asia, one of the region’s
    belonging to City Developments Limited       Singapore’s earliest business pioneers        largest manufacturing and distribution
    (CDL), a member of Hong Leong Group,         Mr Kwek Hong Png started Hong Leong           players. Over the past 70 years, the group
    dotting Singapore’s skyline.                 in 1941. In 1972, Mr Kwek Leng Beng,          has developed “a deep understanding of
                                                 then a young executive at Hong Leong          both local and regional businesses which
    Through its ventures overseas, CDL has       Group, led the acquisition of a majority      has enabled its companies to be leaders
    also placed Singapore on the global          stake in CDL and transformed CDL from         in their respective fields”, Mr Kelley                                                                         Photo Credit: Joseph Nair
    map. Such deals include CDL’s 1995           a loss-making company into one of the         points out.
    acquisition of the iconic New York Plaza     largest and most profitable Singapore-                                                      concepts such as the “intelligent home”      development The Residences at W                 “In addition to these core activities,
    Hotel with billionaire Saudi Prince Al-      listed developers today.                      Unknown to many, Hong Leong Group             or iHome at The Equatorial condominium       Singapore over a five-year period.              as mentioned we have developed
    Waleed from tycoon Donald Trump                                                            has played a crucial role in shaping          project that was launched in 2000,                                                           a diversification strategy across two
    and CDL’s 1996 listing of its London         To-date, CDL has developed more than          Singapore’s property regulatory               and the new-generation eco-home at           This year, CDL is spearheading the              dimensions - firstly, by going offshore
    hospitality subsidiary Millennium &          130 residential properties and over 100       landscape, he says. Hong Leong                Savannah CondoPark that was launched         use of productive technologies in the           in our core development business; and
    Copthorne Hotels plc (M&C), the first        premium commercial, hotel and mixed-          Group and CDL Executive Chairman              in 2002.                                     built-sector. It will be the first developer    secondly, by developing an unlisted funds
    Singapore-controlled company to list         use developments including its flagship       Mr Kwek Leng Beng provided guidance                                                        in Asia to adopt the use of advanced            management business,” Mr Kelley says.
    on the London Stock Exchange.                office building Republic Plaza, luxury        to the Real Estate Developers’ Association    Seeing the potential of the Marina Bay       construction technology Prefabricated
                                                 residential projects One Shenton and The      of Singapore during several difficult         precinct, it started the first residential   Prefinished Volumetric Construction             CDL’s efforts in these areas last year
    Now, CDL has over 400 subsidiaries and       Sail @ Marina Bay, as well as The St Regis    periods, he points out.                       development in the New Downtown -            (PPVC) for a large-scale residential            culminated in S$1.3 billion of
    associated companies under its wing and      Hotel and Residences.                                                                       The Sail @ Marina Bay in 2004. CDL went      project - The Brownstone executive              investments in overseas acquisitions
    a global network spanning across Asia,                                                     In the early 1980s, Mr Kwek was part of a     on to launch Singapore’s first branded       condominium at Canberra Drive in                and the innovative S$1.5 billion PPS
    Europe, the Middle East, North America,      It also ventured into hospitality in the      high-level government committee tasked        residences St Regis Residences and           Sembawang. This entails prefabricating          investment platform with partners
    New Zealand and Australia.                   late 1980s with the purchases of hotels       with helping the Singapore property           listed the first hotel-related real estate   building modules off-site using highly          Blackstone and CIMB.
                                                 in the US, UK and New Zealand. From           market recover following a property crash     investment trust called CDL Hospitality      engineered techniques before assembling
    CDL CEO Mr Grant Kelley says that            owning a single hotel in Singapore in         in the early 1980s. This push for reform      Reit in 2006.                                them on-site.                                   “While the operating environment is
    the company has, in recent years,            1971, CDL (together with its subsidiary       led to the formation of the Developers’                                                                                                    expected to remain challenging during
    made deliberate efforts to focus on          M&C and associate companies CDL               Fund, which enforced the requirement          In a move to develop an unlisted funds       Other projects in the pipeline include the      this and coming quarters, CDL will
    its diversification strategy through         Hospitality Trusts and Hong Kong-listed       that money collected for a specific project   management platform, CDL surprised           174-unit freehold development Gramercy          maintain discipline in its investment
    geographic expansion and development         City E-Solutions) is now one of the largest   could not be used for any other purposes,     the market last year with an innovative      Park in prime District 10, which is             approach to land and property
    of new investment platforms.                 hotel owners/operators in the world with      hence safeguarding the interests of           investment platform known as Profit          designed by world-renowned architectural        acquisitions in Singapore and abroad,”
                                                 more than 36,000 rooms in over 150            homebuyers.                                   Participation Securities or “PPS”. The       firm NBBJ of New York, and the mixed-           Mr Kelley adds.
    “We expect the diversification strategy      hotels across 24 countries.                                                                 S$1.5 billion PPS entitles CDL and two       use project The South Beach. Offering
    to gather momentum and prominence in                                                       Leading Market Trends                         other investors, Blackstone and CIMB, to     Grade-A office space, a unique retail and
    the next several years. And we believe       Mr Kelley, who has some 25 years of                                                         cashflows generated from CDL’s upscale       F&B experience, a top class hotel, luxury
    that despite global uncertainties, there     global experience in corporate strategy,      Since then, CDL has continued to              integrated development at Sentosa Cove       residences, and a private members club,         Source: The Business Times © Singapore Press
3   will always be pockets of opportunity        private equity and real estate investment,    spearhead major trends in the real estate     comprising The W Singapore hotel, retail     The South Beach will be progressively           Holdings Limited. Permission required for          4
    upon which the group remains poised          notes that one distinguishing factor of       sector. It has pioneered innovative home      podium Quayside Isle and residential         opened over the next nine months.               reproduction.
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CITY HYPE                                                                                                                                                                                                                                                                    JUL 2015

    Steady Growth                                                                                                                                   Leading the                                      “We see unlimited possibilities to create a lasting and
                                                                                                                                                                                                     positive impact on our stakeholders, the community and the

    Highlights of CDL Q1 2015 Financial Results
                                                                                                                                                    Way for                                          environment. Through our sustainability efforts, we hope to
                                                                                                                                                                                                     create stronger brand equity, product differentiation as well as
    and 52nd Annual General Meeting
                                                                                                                                                    Sustainability                                   investor and consumer value. This will complement Singapore’s
                                                                                                                                                                                                     vision to be a clean, green, sustainable and smart nation.”

                                                                                                                                                    Reporting
    For the first quarter ended 31 March 2015 (Q1 2015), the CDL
    Group reported an increase of 11.0% in revenue to S$814.9
                                                                                                                                                                                                     Mr Kwek Leng Joo
    million and net attributable profit after tax and non-controlling                                                                                                                                CDL Deputy Chairman
    interests of S$123.0 million (Q1 2014: S$119.7 million).
    Basic earnings per share stood at 13.5 cents for Q1 2015
    (Q1 2014: 13.2 cents).
                                                                                                                                                                                                     “The report made a commendable effort in addressing CDL’s
    The increase in revenue was primarily due to the contributions         Artist’s Impression
                                                                                                                                                                                                     value creation, and incorporating IR principle of ‘strategic focus
    from two business segments – property development and hotel                                                                                                                                      and future orientation’ with an outline of the company’s future
    operations. There were contributions from property development        CDL’s 616-unit Jewel @ Buangkok, located beside Buangkok MRT station,                                                      goals and objectives. Integrated thinking is evident with the
    projects such as Coco Palms, D’Nest and Jewel @ Buangkok.             has seen steady demand with about 84% of the project sold to date.
                                                                                                                                                                                                     Board and Senior Management involvement as well as cross-
    However, these were partially offset by absence of contributions
    from projects that were completed last year. The higher hotel
                                                                                                                                                                                                     functional participation in development of the report. Particularly,
    revenue was driven by income from new hotels acquired in 2014,        The Group held its 52nd Annual General Meeting                                                                             the discussion of Manufactured Capital does an effective job of
    coupled with better performance from refurbished hotels.              (AGM) in April which was presented by CDL                                                                                  combining qualitative and quantitative information to highlight
                                                                          Chief Executive Officer (CEO) Mr Grant Kelley.                                                                             CDL’s performance and commitments to sustainable growth.”
    In terms of pre-tax profits, the property development segment         The AGM outlined CDL’s performance
    was the largest contributor. Rental properties segment was            and operations reviews, and the Group’s                                                                                    International Integrated Reporting Council (IIRC)
    second in line, followed closely by hotel operations. The Group’s     diversification strategy.
    net gearing ratio as at 31 March 2015 without factoring any fair
    value surpluses on investment properties, remained relatively low     Scan the QR Code to access the audio
                                                                                                                                                    CDL is the first property                    holistic picture to CDL’s investors and       The approach has been positively
    at 27.0%. Its interest cover for Q1 2015 was at 9.3 times.            webcast of CDL CEO’s AGM presentation.
                                                                                                                                                    developer in Singapore to adopt              stakeholders on how the interrelation         received by stakeholders. Professor
                                                                                                                                                    the Integrated Reporting (IR)                between CDL’s business and                    Lawrence Loh, NUS Business School,
                                                                                                                                                    approach for its sustainability              sustainability performance leads to           said, “Indeed your IR-centric SR is

    Market Insights: A CEO’s Perspective                                                                                                            report, connecting social and
                                                                                                                                                    environmental performance
                                                                                                                                                                                                 value creation over the short-, medium-
                                                                                                                                                                                                 and long-term.
                                                                                                                                                                                                                                               really one of the best reports I have
                                                                                                                                                                                                                                               seen on a global basis. It maps very
                                                                                                                                                    with business and financial                                                                well into the IIRC’s IR framework. This
                                                                                                                                                    impact for a holistic account                Mr Kwek Leng Joo, CDL Deputy                  dedicated approach is more focused and
    CDL CEO Mr Grant Kelley reflects on his real estate career and                                                                                  on its value creation.                       Chairman said, “In line with global           compelling than an IR that is embedded
    shares his insights at a CEO Breakfast Talk organised by Urban                                                                                                                               trends in sustainability reporting, we        into the Annual Report or the web. For
    Land Institute (ULI).                                                                                                                           2015 is a special year for CDL as it         have adopted the IR approach this year,       readers, especially investors, it is easy to
                                                                                                                                                    commemorates 20 years of Corporate           connecting social and environmental           follow and less distracting.”
                                                                                                                                                    Social Responsibility (CSR).                 performance with business and
    Real estate remains a key pillar of Singapore’s economy. In the current market, savvy                                                                                                        financial impact. The report also             Over the years, CDL’s proactive and
    investors will appreciate the opportunities – whether locally or globally – to grow                                                             This year, CDL published its eighth          addresses stakeholders’ concerns              pioneering efforts on sustainability
    their portfolio.                                                                                                                                sustainability report, “Creating Value for   about materiality issues for long-term        reporting have enabled the Group to
                                                                                                                                                    the Future”, and marked a milestone by       value creation.”                              enjoy first-mover advantage.
    During an exclusive CEO Breakfast Talk organised by Urban Land Institute (ULI) on 15 July,                                                      becoming the first property developer in
    CDL Chief Executive Officer (CEO) Mr Grant Kelley shared his insights on the economy,                                                           Singapore to adopt the IR approach for       Complementing the Global Reporting            In 2008, CDL published Singapore’s
    real estate markets and opportunities ahead.                                                                                                    its sustainability report.                   Initiative’s (GRI) G4 guidelines, the         first GRI-checked dedicated social and
                                                                                                                                                                                                 report focuses on financial, social and       environmental report. In 2012, CDL
    Drawing on his extensive 25-year experience in the industry, he also identified                                                                 The report is based on the IIRC’s            environmental issues that have been           became the first Singapore developer to
    growth opportunities in the market, and his passion for the diverse and ever-growing                                                            Framework, which provides for a              identified as material to CDL’s business      receive GRI Level A+.
    property sector.                                                                                                                                more meaningful and all-rounded              and stakeholders, through a rigorous
                                                                                                                                                    corporate reporting.                         materiality assessment conducted              Log on to
    ULI is a non-profit research and education organisation focused on providing leadership                                                                                                      in 2014 with internal and external            www.cdl.com.sg/
    in the responsible use of land and in creating and sustaining thriving communities                                                              Centred around six capitals – Financial,     stakeholders. In this year’s sustainability   sustainabilityreport2015
                                                                                                  CDL CEO Mr Grant Kelley spoke with some
    worldwide. The institute has over 34,000 members worldwide representing the entire            50 professionals from the real estate sector in   Manufactured, Organisational, Social         report, CDL has also expanded its             or scan the QR code
5   spectrum of land use and real estate development disciplines, working in private              a spirited dialogue which included his analysis   and Relationship, Human, and Natural         scope to include carbon disclosure            to find out more about                         6
    enterprise and public service.                                                                of the property market.                           – this IR approach aims to present a         from the Group’s key subsidiaries.            CDL’s value creation.
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CITY HYPE                                                                                                                                                                                                                                                                                 JUL 2015

    Celebrating                                                    “Beyond brick and mortar, the building sector as a whole
                                                                   must continually seek green innovations, sustainable
                                                                                                                                                            Towards Greater Heights
    Prestige in                                                    engineering solutions and more efficient use of resources.
                                                                   With the collective effort of all stakeholders, the drive for                            CDL’s interminable efforts to break new grounds in business excellence and leadership have gained

    Sustainable                                                    sustainable development will be pushed a notch higher.”                                  global recognition.

    Development
                                                                   Mr Kwek Leng Joo
                                                                   CDL Deputy Chairman                                                                                                                                          Le Grove Makes TripAdvisor’s Honours Roll

                                                                                                                                                                                                                                Le Grove Serviced Apartments, CDL’s premium serviced
                                                                                                                                                                                                                                residence situated in the sought-after Orange Grove Road
                                                                                                                                                                                                                                enclave, has made it into TripAdvisor’s “Hall of Fame” for
                                                                                                                                                                                                                                winning the Certificate of Excellence for five consecutive years.

                                                                                                                                                                                                                                TripAdvisor, one of the world’s largest travel sites, recognises
                                                                                                                                                                                                                                excellence in hospitality through the Certificate of Excellence.
                                                                                                                                                                                                                                The award is given only to establishments that consistently
                                                                                                                                                                                                                                achieve great traveller reviews on TripAdvisor. The “Hall of Fame”
                                                                                                                                                                                                                                was created to honour businesses that have earned a Certificate
                                                                                                                                                                                                                                of Excellence for five consecutive years.

                                                                                                                                                                                                                                Earlier this year, Le Grove Serviced Apartments also clinched
                                                                                                                                                                                                                                the “Singapore Best Serviced Apartment” title of the GoHome
                                                                                                                                                            A natural insulation, Tree House’s vertical garden reduces heat
                                                                                                                                                                                                                                Serviced Apartment Awards 2015. Organised by Hong Kong’s top
                                                                                                                                                            absorption and lowers the energy needed to cool indoor space.
                                                                                                                                                                                                                                property website GoHome.com.hk, this award was open to the
                                                                                                                                                                                                                                general public for nominations, and award winners were selected
                                                                                                                                                                                                                                based on public voting via the GoHome.com.hk website.
    Celebrating CDL’s haul of 36 accolades – the highest number of awards for a developer at the BCA Awards 2015, an affirmation of CDL’s track record in   Tree House is World Gold Winner at FIABCI
    all aspects of building excellence.                                                                                                                     World Prix d’Excellence Awards 2015

                                                                                                                                                            Testament to its breakthrough design and green features,
                                                                                                                                                                                                                                Jungceylon Shopping Mall Wins Popular Vote from
    Affirming its leadership of Singapore’s            minimum of BCA Green Mark GoldPlus                 (equivalent to about S$500,000* annually).        CDL’s Tree House condominium has scored yet another shining
                                                                                                                                                                                                                                Chinese Tourists
    built environment, CDL emerged the                 for all existing buildings since 2011.             Beyond retrofitting City House with a             accolade as the World Gold Winner of the FIABCI World Prix
                                                                                                                                                                                                                                Jungceylon Shopping Mall, CDL’s retail mall located in the
    most awarded developer at the Building             To achieve greater environmental                   more energy-efficient chiller plant, CDL          d’Excellence Awards 2015 in the Sustainable Development
                                                                                                                                                                                                                                commercial area of Patong, Phuket, has received the Top 10
    and Construction Authority (BCA) Awards            sustainability, CDL has also worked with           has introduced a 1% electricity rebate for        Category. It emerged the only World Gold winner from
                                                                                                                                                                                                                                Best Shopping Mall Award in The Best of Thailand Awards Voted
    2015 – regarded as the “Oscars” for the            its commercial tenants through various             commercial tenants who attain 2% savings          Singapore. The Award presentation was held on 30 May at the
                                                                                                                                                                                                                                by Chinese Tourists 2015. Introduced for the first time this year,
    built industry. It received a total of 36          initiatives to reduce energy consumption           over the last quarter’s bill. Tenants were        One World Hotel in Kuala Lumpur.
                                                                                                                                                                                                                                this award is organised by the Tourism Authority of Thailand
    awards – up from the 30 won in 2014.               and to improve the sustainability of               also given kits with practical tips to green
                                                                                                                                                                                                                                (TAT), King Power International, SINA Hong Kong and Jiaranai
                                                       its buildings.                                     fit their premises and were encouraged            To date, CDL has 13 FIABCI World Prix d’Excellence
                                                                                                                                                                                                                                Entertainment. Presented on 2 June, the award aims to recognise
    At the Awards ceremony held on 14                                                                     to recycle.                                       accolades, the most amongst local developers. Awarded by
                                                                                                                                                                                                                                and promote outstanding tourist attractions in Thailand.
    May, CDL was conferred the prestigious             Biggest Winner of Inaugural                                                                          an international panel comprising real estate professionals and
    Quality Excellence Award – Quality                 Green Mark Pearl Award                             Mr Kwek Leng Joo, CDL Deputy                      experts, the FIACBI World Prix d’Excellence Awards is one of
    Champion (Platinum) for the third                                                                     Chairman said, “Sustainable development           the highest industry honours conferred on outstanding projects
    consecutive year, and was the sole                 In recognition of CDL’s sterling efforts           has increasingly become a national                that embody excellence in all real estate disciplines involved in
    recipient of the inaugural Green Mark              and success in engaging its tenants to             priority as Singapore has limited land            their creation.
    Pearl Prestige Award. In line with BCA’s           embrace the green agenda, CDL was                  and lacks natural resources. With a
    3rd Green Building Masterplan, the                 conferred three out of seven Green Mark            growing and highly urbanised population,          Commitment to Health and Safety Management
    Green Mark Pearl Award was given out               Pearl Awards – the biggest winner of this          businesses face numerous challenges
    to recognise developers and building               new category. Its winning commercial               such as the need to raise productivity            CDL has been recognised for its excellence in health and
    owners that actively engage tenants                buildings include 7 & 9 Tampines Grande            and increased expectations for corporate          safety management by UK-based safety organisation, the
    to use less energy through changes in              and Manulife Centre for the Pearl Award,           environmental stewardship to mitigate             Royal Society for the Prevention of Accidents (RoSPA). On
    behaviour and daily operations. There              with City House as the only winner of the          climate change. Greening buildings is key         15 July, CDL was presented the RoSPA President’s (10
    are two tiers of the Award – Green Mark            top-tier Pearl Prestige Award.                     to realising our vision of a clean, green,        consecutive Golds) Award for Occupational Health and
    Pearl and Green Mark Pearl Prestige.                                                                  sustainable and smart nation.”                    Safety, under the Achievement Awards category. With a long-
                                                       A Green Mark Platinum building,                                                                      standing and well-established presence, the RoSPA Awards
7   As one of Singapore’s biggest landlords,           City House has achieved annual energy              *Based on 2014’s average electricity tariff       scheme recognises commitment to accident prevention in              Jungceylon Shopping Mall is CDL’s retail mall located in the commercial   8
    CDL has set a target to achieve a                  savings of about 1.9 million kWh                   of S$0.2559.                                      organisations worldwide.                                            area of Patong, Phuket Island, Thailand.
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CITY LIFESTYLE                                                                                                                                                                                                                                                                            JUL 2015

    Spirit of the SEA Games at
                                                                                                                                                       Mr Muhd Izdihar Latiff, a former
                                                                                                                                                       representative of the Singapore Silat
                                                                                                                                                       Federation’s National Youth Team.

    Millennium Hotels and Resorts                                                                                                                      The hotel’s General Manager
                                                                                                                                                       Mr Benedict Ng said, “Silat is a
                                                                                                                                                       traditional Malay art of self-defence
                                                                                                                                                       practised as a martial art or accompanied
                                                                                                                                                       by drums as a ceremonial display or
                                                                                                                                                       dance. It is a popular sport here and in
                                                                                                                                                       neighbouring countries such as Malaysia,
                                                                                                                                                       Indonesia, Thailand, Vietnam, Brunei,
                                                                                                                                                       and the Philippines.”

                                                                                                                                                       The hotel also served energising
                                                                                                                                                       mocktails and healthy bento sets with
                                                                                                                                                       reduced oil, salt and sugar to boost
                                                                                                                                                       energy and promote healthy eating for
                                                                                                                                                       SEA Games visitors.

                                                                                                                                                       Going the Extra Mile at
                                                                                                                                                       Copthorne King’s Hotel
                                                                                                                                                       Singapore and M Hotel
                                                                                                                                                       Singapore

                                                                                                                                                       Copthorne King’s Hotel Singapore
                                                                                                                                                       trained staff on personal grooming and
                                                                                                                                                                                                       Team Singapore Netball Captain Ms Lin Qingyi (right) holding one of M Hotel’s Singapore specially
                                                                                                                                                       cultural etiquette to make sure the SEA         customised SEA Games cupcakes with General Manager Ms Cecilia Lim. The hotel later presented
                                                                                                                                                       Games delegates feel at home in                 the team with a celebratory gift - a bottle of Champagne - after the team clinched its first-ever
                                                                                                                                                       the hotel.                                      Gold Medal at the Games on 7 June 2015.

    Over 50 staff and guests at Grand Copthorne Waterfront Hotel Singapore took part in an interactive Silat demonstration at the hotel’s Promenade.
    Pictured here in the first row from left is General Manager Mr Benedict Ng, Events Executive Mr Muhd Izdihar Latiff, and Assistant Engineer
    Mr Mohd Shah.
                                                                                                                                                                                                                                                         “Copthorne King’s Hotel Singapore is
                                                                                                                                                                                                                                                         representing not just the MHR brand,
                                                                                                                                                                                                                                                         but also Singapore as a whole. We are
    In the recent 28th Southeast Asia (SEA)           The properties were among the 20                   These preparations included customised                                                                                                          aiming to uphold our excellent service
    Games 2015, three Millennium Hotels               official SEA Games hotels located in               welcome drinks and cupcakes for the                                                                                                             quality, and ensure that our staff are
    and Resorts (MHR) hotels in Singapore             “village in a city”, a concept adopted by          delegates, serving of halal food in the                                                                                                         aware of the importance of looking neat
    – Grand Copthorne Waterfront Hotel                the Singapore SEA Games Organising                 kitchens, and even grooming workshops                                                                                                           and behaving professionally in a way
    Singapore, Copthorne King’s Hotel                 Committee to house athletes near the               for staff on cultural behaviour and                                                                                                             that is acceptable to all of our visitors,
    Singapore and M Hotel Singapore, were             Sports Hub. The arrangement aimed to               etiquette of various countries.                                                                                                                 regardless of which country they may
    appointed as official SEA Games Hotels.           celebrate and showcase sports against                                                                                                                                                              come from,” said the Hotel’s General
                                                      the backdrop of Singapore’s stunning               Silat Demonstration at                                                                                                                          Manager Ms Jeane Lim.
    The hotels kicked off the SEA Games with          city setting; and also to ensure                   Grand Copthorne Waterfront
    a series of high-energy events to promote         cost-effectiveness.                                Hotel Singapore                                                                                                                                 In addition to pork-free F&B promotions
    the sporting spirit among hotel staff                                                                                                                                                                                                                at the hotel’s popular Penang Cuisine
    and guests.                                       More than 500 rooms across the three               The Silat demonstration and workout,                                                                                                            cafe Princess Terrace, the hotel team also
                                                      properties were booked for nearly 1,200            conducted at the Promenade                                                                                                                      prepared welcome drinks in a palette
    Activities included an interactive Silat          SEA Games participants of various teams            of Grand Copthorne Waterfront Hotel                                                                                                             of SEA Games colours to represent
    demonstration that was held at The                such as Pencak Silat, Sepak Takraw,                Singapore, saw a turnout of nearly                                                                                                              the multi-ethnicity and heritage of all
    Promenade at the Grand Copthorne                  Netball, Basketball, Equestrian, Judo,             50 staff and hotel guests who were                                                                                                              participants in the Games.
    Waterfront Hotel, which served up                 Taekwondo and Bowling.                             keen to participate and learn more
    customised cupcakes topped by flags                                                                  about the sport. It was led by Grand                                                                                                            The team at M Hotel Singapore helped
    of SEA Games countries, and special               Channelling the spirit and excitement              Copthorne Waterfront’s staff – Assistant                                                                                                        to raise the profile of the SEA Games
    grooming and cultural etiquette                   of the Games, the hotels made special              Engineer Mr Mohd Shah who is also                                                                                                               by serving up customised cupcakes with
9   lessons to ensure guests feel at home             preparations to welcome the delegates              the Deputy President of the Singapore         Copthorne King’s Hotel Singapore General Manager Ms Jeane Lim and Princess Terrace’s F&B          the teams’ respective country flags and           10
    in the Games.                                     and ensure that everyone feels at home.            Silat Federation, and Events Executive        Manager Mr Ivan Bun preparing special mocktails to welcome the Sepak Takraw teams.                the SEA Games logo to hotel guests.
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CITY LIFESTYLE                                                                                                                                                                                                                                                                                JUL 2015

     An Award-
                                                       in the heart of the city, like a Japanese        by Millennium Hotels and Resorts (MHR)

                                                                                                                                                            Millennium Hotel
                                                       Zen garden. Lighting, touch, texture,            Chairman Mr Kwek Leng Beng.                                                                                           Millennium Hotels and Resorts (MHR) is pleased to announce the
                                                       comfort, art and the environment, were all

     Winning
                                                                                                                                                                                                                              opening of the 221-room Millennium Hotel Fujairah in the northern
                                                       considered carefully in the development          The new 329-room hotel, built in                                                                                      emirate of the United Arab Emirates (UAE).
                                                       of the design concept.                           the heart of Ginza 4-Chome District,
                                                                                                                                                            Fujairah Opens
     Design                                                                                             the famous entertainment-shopping                                                                                     The hotel is set to appeal to business and leisure travellers.

                                                                                                                                                            its Doors in the
                                                       Landscape stairs connect the lobby               precinct, opened last December. Since

     Approach
                                                       to the restaurant at the lower ground            then it has been consistently enjoying an                                                                             A 50-minute drive from Dubai, the 20-storey upscale hotel is
                                                       level, where a relaxed library with an           over 80% average occupancy rate, and

                                                                                                                                                            Gulf of Oman
                                                                                                                                                                                                                              centrally located on Sheikh Khalifa Bin Zayed Road in the Haleefat
                                                       atmosphere of a greenhouse creates               rising room rates.                                                                                                    area, near the beach, historic forts, and the heritage village. It also
                                                       a comfortable dining experience. The                                                                                                                                   offers direct access to Fujairah Mall, the city’s latest retail destination.
     Millennium Mitsui Garden Hotel                    typical guestroom averaging 200 square           “The performance is beyond
     Tokyo Lands Design Award                          feet (sq ft) is spacious and efficiently         expectations as a new hotel usually                                                                                   Designed with muted tones, elegant furnishings and large windows,
                                                       designed for comfort while larger rooms          takes up to two years to have stable                                                                                  the rooms come with complimentary Wi-Fi and LCD TVs. Hotel
     Opened last December, Millennium                  are about 350 sq ft in size.                     earnings and service performance,”                                                                                    facilities include a rooftop health club, an outdoor swimming pool, a
     Mitsui Garden Hotel Tokyo added                                                                    Mr Kwek said.                                                                                                         gym, as well as saunas, steam rooms, treatment rooms and a Jacuzzi.
     another accolade to its honours roll – an         Rooms come with full amenities that
     international interior design award by US-        include a four-piece bathroom and an             Ms Iwasaki said that on some days, her                                                                                The array of F&B offerings at the hotel include all-day dining
     based International Design Awards (IDA).          independent toilet space. Large mural            hotel will be fully booked. Leisure guests                                                                            at Al Rihla, Joe’s Bar, Panero, and View Pool Bar. A signature
     The IDA annual awards, now in its eighth          artwork and special carpet design                make up 70% of its guest list, the rest                                                                               Mediterranean restaurant will soon be added and will offer
     year, was held on 4 May at the Harmony            complete the idea of the private garden          being business travellers. Chinese and                                                                                Lebanese, Turkish, Greek, Italian and Spanish cuisine.
     Gold Theatre in Hollywood, Los Angeles.           in the guestrooms. “We are confident             Taiwanese guests make up the biggest
                                                       that its modern Japanese and Western             block of foreign guests with Americans                                                                                Business travellers are also well catered for with four multifunctional
     “It was a big surprise and will give my           design blend will attract our guests,”           and other Asians making up the rest.                The Executive Club room is a spacious and contemporary oasis      and flexible meeting rooms equipped with state-of-the-art
     team a boost in confidence after the              Ms Iwasaki added.                                The hotel enjoys strong support from                that provides stunning views across Fujairah.                     technology.
     hectic opening period. This will help give                                                         domestic travellers too.
     us an edge over other hotels in Ginza,”           Strong Performance Beyond
     said Ms Ayako Iwasaki, General Manager            Expectations                                     Buildings like the Millennium Mitsui
     of Millennium Mitsui Garden Hotel.
                                                       Millennium Mitsui Garden Hotel has put
                                                                                                        Garden Hotel are restricted in height to
                                                                                                        a maximum 14 floors so as to blend in               Grand Hyatt Taipei
                                                                                                                                                            Unveils Brand New
     The design approach to Millennium Mitsui          in a scintillating performance in its first      with the historic character of Ginza which
     Garden Hotel was Asian Minimalism                 four months of operations, testament to          enjoys a 24-hour buzz – an attraction to
     with the aim of creating a private garden         the foresight and well-timed investments         Japanese and foreigners alike.

                                                                                                                                                            Makeover
                                                                                                                                                            The Grand Hyatt Taipei unveiled a brand new look on 23 April, after
                                                                                                                                                            an extensive renovation that began in August 2012. The hotel, which
                                                                                                                                                            first opened in 1990, is the first, true international luxury hotel in the
                                                                                                                                                                                                                                         Located in the heart of Taipei’s commercial centre, the
                                                                                                                                                            capital and the most seasoned hotel in the city.
                                                                                                                                                                                                                                         renovated Grant Hyatt Taipei welcomes guests with luxurious
                                                                                                                                                                                                                                         redesigned rooms.
                                                                                                                                                            Each of the hotel’s 853 rooms and suites was stripped to the
                                                                                                                                                            fundamentals, redesigned and rebuilt. The renovations included
                                                                                                                                                            baths clad in marble, sophisticated lighting, muted colours, goose
                                                                                                                                                            down duvets, deep-soaking tubs, ample windows, textured walls
                                                                                                                                                            and suites modelled to feel like apartments.

                                                                                                                                                            The hotel’s guest rooms range in size from 33 to 40 square metres
                                                                                                                                                            (sqm) at the grand deluxe level, to more than 83 sqm in an executive
                                                                                                                                                            suite. The new presidential suite commands more than 221 sqm and
                                                                                                                                                            offers storybook views of the iconic Taipei 101 Tower.

                                                                                                                                                            Beyond the rooms, the all-new Grand Hyatt Taipei also boasts two
                                                                                                        The hotel is at the heart of Ginza, opposite from
                                                                                                                                                            completely new restaurants – a Chinese restaurant, Yun Jin, and a
                                                                                                        the famous Mitsukoshi department store, the
                                                                                                        Kabuki-za Theatre, food, entertainment and          Western venue, The Steakhouse; each a completely new concept
11   The panel behind the reception changes colours intermittently to enhance the “zen” atmosphere of   luxury brands, household appliances, all within     and a ground-up build.                                                       Yun Jin is Grand Hyatt Taipei’s new Chinese restaurant.              12
     the hotel lobby.                                                                                   walking distance.
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CARING CITY                                                                                                                                                                                                                                                                             JUL 2015

     Celebrating Singapore’s 1st UNESCO                                                                                                              “CDL is proud to be part of the exciting mission that has achieved international recognition of
                                                                                                                                                     our cultural heritage in Singapore’s jubilee year. In celebration of CDL’s 50th anniversary in 2013

     World Heritage Site                                                                                                                             and in support of the Gardens’ nomination bid as Singapore’s first UNESCO World Heritage Site,
                                                                                                                                                     CDL leveraged our green building expertise and gathered like-minded partners to develop the
                                                                                                                                                     CDL Green Gallery in the Gardens. We hope that this outstanding Gallery with its sustainable
                                                                                                                                                     infrastructure and nature-related exhibitions will capture the eco-imagination and raise the
     The 156-year-old Singapore Botanic Gardens has been successfully inscribed as a UNESCO World
     Heritage Site. In support of the Gardens’ UNESCO bid, CDL has collaborated with National Parks                                                  appreciation of nature amongst visitors to the Gardens for many years to come.”
     Board (NParks) since 2013 on both infrastructural enhancements and programmes to engage                                                         Mr Kwek Leng Joo
     the community.
                                                                                                                                                     CDL Deputy Chairman

                                                                                                                                                                                                                                                          conjunction with the opening of the
                                                                                                                                                                                                                                                          SBG Heritage Museum and the CDL
                                                                                                                                                                                                                                                          Green Gallery in November 2013.

                                                                                                                                                                                                                                                          In celebration of the successful inscription,
                                                                                                                                                                                                                                                          CDL has planned two upcoming
                                                                                                                                                                                                                                                          initiatives, which aim to raise funds
                                                                                                                                                                                                                                                          for further education and outreach
                                                                                                                                                                                                                                                          programmes at the Gardens, as well as
                                                                                                                                                                                                                                                          in support of the preservation of heritage
                                                                                                                                                                                                                                                          in Singapore. They include a special
                                                                                                                                                                                                                                                          celebratory gala dinner to be held on 17
                                                                                                                                                                                                                                                          September at The St. Regis Singapore
                                                                                                                                                                                                                                                          and a limited edition coffee table book
                                                                                                                                                                                                                                                          that showcases the Gardens’ beloved
                                                                                                                                                                                                                                                          landmarks and biodiversity.
                                                                                                   To celebrate the Gardens’ UNESCO World
                                                                                                   Heritage Site inscription, Mr Lawrence Wong,
                                                                                                   Minister for Culture, Community and Youth                                                                                                              Titled “Embrace – A Journey Through
                                                                                                   and Second Minister for Communications and                                                                                                             the Singapore Botanic Gardens”,
                                                                                                   Information, launched NParks’ new exhibition                                                                                                           the publication features images taken
                                                                                                   titled “Botanical Inspirations”. The exhibition
                                                                                                                                                     Photographed by Mr Kwek, the Sundial Garden is one of the Gardens’ iconic landmarks featured in      by Mr Kwek within the Gardens’
     Developed as an extension to the SBG Heritage Museum on Holttum Lawn, the CDL Green Gallery   showcases the Gardens’ rich orchid heritage
     and SBG Heritage Museum were new infrastructural enhancements created in support of the       and celebrates the National Orchid Garden’s       the photo book, “Embrace – A Journey Through the Singapore Botanic Gardens”.                         lush grounds.
     Gardens’ UNESCO bid in 2013.                                                                  20th anniversary. (Photo courtesy of NParks)

                                                                                                                                                        Tropical Splendour
     In today’s fast-paced world, it is easy         cultural history. The Gardens is also a       the exhibits that are featured in
     to forget our past. But heritage is an          custodian of collective memories and an       the SBG Heritage Museum, which
     irreplaceable source of life and inspiration,   enchanting green oasis loved by locals        includes interactive exhibits and panels
     an anchor that grounds people to our            and tourists alike.                           that share little-known facts of the                 In conjunction with the ‘Botanical              This is the first time that these pieces
     beginnings and identity.                                                                      Gardens’ rich heritage, as well as rare              Inspirations’ showcase titled “Tropical         from Dr Sherwood’s collection have
                                                     Since 2013, CDL has lent its support to       artefacts including botanical books                  Splendour: Plant Portraits from the             travelled to Southeast Asia.
     The Singapore Botanic Gardens (SBG)             the Gardens’ bid to be Singapore’s first      and paintings.                                       Shirley Sherwood Collection of
     is indeed one such space in Singapore           UNESCO World Heritage Site, through                                                                Contemporary Botanical Art” at the              The exhibition will run from 10 July to
     that reflects the city’s heritage, with a       the creation of new amenities and             An avid photographer, CDL Deputy                     Gardens, the latest exhibition at the           1 November, from Monday to Sunday
     legacy that began in the days of colonial       community engagement initiatives.             Chairman Mr Kwek Leng Joo has                        CDL Green Gallery introduces visitors           from 9 am to 6 pm, and is closed
     Singapore. As the birthplace of plantation                                                    also been personally involved in the                 to the world of plants through                  on every last Tuesday of the month.
     rubber, the Gardens has played an               Developed and donated in-kind by              inscription journey since early 2013,                botanical art.                                  Entrance is free.
     integral role in Singapore’s economic,          CDL, the 314 square metre CDL Green           when he was invited to contribute
     cultural and social development – and is        Gallery @ SBG Heritage Museum is              his photographs of the Gardens                       The exhibition features 55 highly               For more details, visit www.sbg.org.sg.
     a site that provides historical reference to    Singapore’s first zero energy green           for its inaugural presentation at the                detailed illustrations representing
     the nation’s “City in a Garden” vision.         gallery and features botanical or             37th Session of the World Heritage                   works of 36 artists curated by Dr Shirley
                                                                                                                                                                                                          “Sacred Lotus”(right), a watercolour painting
                                                     greening-related exhibits.                    Committee held in Phnom Penh,                        Sherwood, a collector of an extensive                  by Thai artist Phansakdi Chakkaphak, is
     Today, it is an internationally renowned                                                      Cambodia, from 16 to 27 June 2013.                   range of contemporary botanical                  amongst the botanical illustrations showcased
13   tropical botanical institution and a popular    Apart from creating the CDL Green             This was later followed by the exhibition            illustrations and author on botanical art.                at the Tropical Splendour exhibition.                                                   14
     tourist attraction with rich natural and        Gallery, CDL also contributed towards         of some of these images held in
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CARING CITY                                                                                                                                                                                                                                                                 JUL 2015

     CDL Deputy Chairman Re-elected as                                                                                                                 Incubator
                                                                                                                                                                                                    Singapore and encourage the growth of        an incubation hub to benefit social
                                                                                                                                                                                                    social enterprises as a sustainable way to   enterprise start-ups with easy access
                                                                                                                                                                                                    address social needs.                        to office space, resources and business

     President for Newly Renamed Global                                                                                                                for Start-Up                                 On 27 May, raiSE held its launch which
                                                                                                                                                                                                                                                 facilities in the Central Business
                                                                                                                                                                                                                                                 District area.

     Compact Network Singapore                                                                                                                         Social                                       was graced by President Tony Tan Keng
                                                                                                                                                                                                    Yam. In conjunction with the event, the      Supported by the Ministry of Social and

                                                                                                                                                       Enterprises
                                                                                                                                                                                                    President also launched the 2015 edition     Family Development, National Council
                                                                                                                                                                                                    of the President’s Challenge Social          for Social Service and Tote Board, raiSE
                                                                                                                                                                                                    Enterprise Award.                            has seen its social enterprise members
                                                                                                                                                                                                                                                 grow from 100 to 300 since it was first
                                                                                                                                                                                                    Having provided a pro-bono work space        established. Today, the role of raiSE has
                                                                                                                                                       The Singapore Centre for Social              for their staff at Republic Plaza since      been scaled up to help social enterprises
                                                                                                                                                       Enterprise, raiSE, was set up to raise       2010, CDL was acknowledged as a              achieve better social outcomes and be
                                                                                                                                                       awareness on social entrepreneurship         corporate partner of raiSE since its set-    commercially viable at the same time.
                                                                                                                                                       and garner support for social enterprises    up as the Social Enterprise Association.     raiSE will provide support through a
                                                                                                                                                       in Singapore. The vision of raiSE is to      CDL has continued to support raiSE           range of funding options such as grants
                                                                                                                                                       strengthen the social enterprise sector in   by converting the pro-bono space into        and investment.

     CDL Deputy Chairman and President of Global Compact Network Singapore, Mr Kwek Leng Joo (fifth from left) and CDL Chief Sustainability Officer,
     Ms Esther An (fifth from right), with some of the Compact’s newly elected management committee members.

                                                                                                                                                        The opening launch
                                                                                                                                                         of raiSE was graced
                                                                                                                                                       by President Tony Tan
     Besides spearheading CDL’s                       At the AGM, it was also announced that            of the pioneer Singapore signatories
                                                                                                                                                         Keng Yam; CDL has
     sustainability journey, CDL Deputy               Singapore Compact will be renamed                 of the UNGC to lend support to the             continued to support
     Chairman Mr Kwek Leng Joo has been               Global Compact Network Singapore                  advancement of responsible corporate            raiSE as a corporate
     contributing actively to the business            (the Compact) to reflect the strengthened         citizenship in Singapore. With the                           partner.
     and civic communities through many               ties with the United Nations Global               rebranding, the Compact will become
     public appointments.                             Compact (UNGC).                                   the Formal Network of the UNGC
                                                                                                        in Singapore.

                                                                                                                                                          A Vision                                                                               “Without a healthy planet,
     To help promote Singapore’s                      The UNGC is a United Nations voluntary                                                                                                        Conceived and edited by Mr Sim, this
     sustainability agenda, Mr Kwek held              initiative formed in 2000 to encourage            Mr Kwek explained, “This rebranding is                                                      book is a compilation of essays from
                                                                                                                                                                                                                                                 there will not be any
     a leadership position as President of            businesses to adopt sustainable and               significant as it reflects our commitment                                                   26 of Singapore’s thought leaders on
     Global Compact Network Singapore,
     previously known as Singapore Compact
                                                      socially responsible policies. These policies
                                                      are aligned with the UNGC’s 10 universally
                                                                                                        to strengthen our ties with the UNGC
                                                                                                        and our adherence to its 10 principles
                                                                                                                                                          for an                                    their aspirations for Singapore. In the
                                                                                                                                                                                                    words of Mr Sim, the book is “a book
                                                                                                                                                                                                                                                 businesses or people.
                                                                                                                                                                                                                                                 Sustainability is fundamental
     for Corporate Social Responsibility
     (CSR). Having held this position since
     2012, Mr Kwek was reappointed on 18
                                                      accepted principles in the areas of human
                                                      rights, labour, environment and anti-
                                                      corruption. With over 12,000 corporate
                                                                                                        of responsible business. This move will
                                                                                                        help the society leverage on the UNGC’s
                                                                                                        stronger brand name and allow us to tap
                                                                                                                                                          Eco-Nation                                about Singapore, by Singaporeans, for
                                                                                                                                                                                                    Singaporeans”. Some notable essayists
                                                                                                                                                                                                    are Mr Heng Swee Keat, Minister for
                                                                                                                                                                                                                                                 for the continued
                                                                                                                                                                                                                                                 development of any
                                                                                                                                                                                                                                                 country. It is hence crucial
     June for a second three-year term at the         participants and other stakeholders from          on its global network, thought leadership                                                   Education, and Professor Tommy Koh,
     Annual General Meeting (AGM).                    over 145 countries, the UNGC is the               and resources. The new Compact will be            CDL Deputy Chairman Mr Kwek Leng Joo      Ambassador-At-Large for the Ministry of
                                                                                                                                                                                                                                                 for everyone to contribute
                                                      largest voluntary corporate responsibility        in a better position to play a greater and        has been a firm advocate of Corporate     Foreign Affairs, who penned the foreword.    to the development of our
     Under Mr Kwek’s leadership, the                  initiative in the world.                          more effective role in promoting CSR              Social Responsibility (CSR). He                                                        eco-nation, because we build
     organisation has grown its membership                                                              amongst businesses in the global city             was invited by Mr Joachim Sim, a                                                       tomorrow, today.”
     to about 500 members and also                    As the national society promoting                 of Singapore.”                                    local writer and editor, to share his
     established the International Singapore          sustainable development for businesses                                                              thoughts on sustainable developments                                                   Mr Kwek Leng Joo
     Compact CSR Summit – which is into               and stakeholders, Singapore Compact for           A formal signing ceremony between the             for Singapore’s future, in an SG50        Scan the QR code                             CDL Deputy Chairman
     its seventh year, as the premier CSR             CSR has been the focal point and network          Compact and the UNGC will take place at           commemorative book titled “Beyond         to read the e-book                           An excerpt from his chapter “Eco-Nation
15   event for businesses and practitioners in        body for the UNGC since its inception             the upcoming International CSR Summit             50: Re-imagining Singapore”.              online.                                      of Tomorrow: A Developer’s Vision”          16
     Singapore and the region.                        in 2005. In the same year, CDL was one            on 25 August.
New York-Inspired Living at The Brownstone - JUL 15 - City ...
CARING CITY                                                                                                                                                                                                                                                                                 JUL 2015

     Nurturing Socially Responsible                                                                                                                  Spreading Warmth while Raising Funds
     Future Leaders                                                                                                                                  Over 250 high-spirited staff volunteers             Singapore, CDL also operated eight                   This year’s CFD raised close to S$1 million
                                                                                                                                                     across the CDL Group turned up in                   stalls selling an assortment of nostalgic            through ticket sales and direct donations.
                                                                                                                                                     full force at the St. Joseph’s Institution          snacks, local delights and premium                   These funds will go a long way towards
     The inaugural Asia Pacific Student Leaders Forum (APSLF) 2015               Held in June, the key theme of the forum was “University Social
                                                                                                                                                     International to spread warmth and good             baked goods. CBM Pte Ltd contributed                 helping Assisi Hospice fulfill its mission
     gathered close to 90 student leaders, university policy-makers,             Responsibility”. Students from various universities worked
                                                                                                                                                     cheer at the Assisi Hospice Charity Fun             manpower and expertise in the areas                  of providing compassionate and quality
     entrepreneurs and leading businesses from the region to foster              together on ideas and proposals on addressing a range of
                                                                                                                                                     Day (CFD) 2015.                                     of logistics, cleaning and waste                     palliative care for adults and children
     a holistic understanding of how universities, private and public            social issues, including climate change and access to education,
                                                                                                                                                                                                         management, and security.                            with life-limiting illnesses.
     sector partnerships can better prepare our youths as change                 among others.
                                                                                                                                                     Held on 14 June, this year’s CFD marks
     agents of the future.
                                                                                                                                                     the 12th year that CDL has supported
                                                                                 CDL Chief Sustainability Officer, Ms Esther An was invited
                                                                                                                                                     the event as co-organiser, along with its
                                                                                 to share about CDL’s extensive youth engagement efforts
                                                                                                                                                     subsidiary CBM Pte Ltd.
                                                                                 in a discussion on “Social Collaboration: How Universities,
                                                                                 Corporations and Youths Will Shape the Future of Social
                                                                                                                                                     CDL helped to defray the operational
                                                                                 Problem Solving”.
                                                                                                                                                     cost of organising the CFD and
                                                                                                                                                     sponsored shopping vouchers for the
                                                                                 She was joined by a panel that comprised Ms Claire Chiang,
                                                                                                                                                     CFD’s hourly lucky draws. Together with                                                                                          Selling items in line
                                                                                 Senior Vice President of Banyan Tree, Ms Grace Sai,
                                                                                                                                                     its four sister Millennium Hotels and                                                                                            with the “kampong“
                                                                                 Co-founder of The HUB Singapore and Mr Wilson Ang,                                                                                                                                                   theme, CDL staff
                                                                                                                                                     Resorts hotels in Singapore – Copthorne
                                                                                 Founder of ECO Singapore.                                                                                                                                                                            enthusiastically
                                                                                                                                                     King’s Hotel Singapore, Grand                                                                                                    peddled their wares
                                                                                                                                                     Copthorne Waterfront Hotel Singapore,                                                                                            to CFD attendees, all
                                                                                 Elaborating on CDL’s sustained programmes in youth
                                                                                                                                                     M Hotel Singapore and Orchard Hotel                                                                                              for a good cause.
                                                                                 development and environmental conservation, Ms An
                                                                                 highlighted that CDL’s youth engagement efforts are motivated
                                                                                 by our long-term, stakeholder-centric vision and mission.
                                                                                 Through meaningful youth engagement, CDL hopes to nurture
     Panelists shared their insights on social collaboration with the youths.    a generation of socially responsible leaders with the potential
     Pictured from left: Ms Esther An, CDL Chief Sustainability Officer,
     Ms Claire Chiang, Senior Vice President of Banyan Tree, Ms Grace Sai,
                                                                                 to drive change and shape tomorrow’s markets by cultivating
     Co-founder of The HUB Singapore, and Mr Wilson Ang, Founder of              consumer preference for sustainable products and services
     ECO Singapore.                                                              beginning today.

        To Build a                                                                                                          CDL Chief
                                                                                                                            Sustainability Officer

        Low Carbon
                                                                                                                            Ms Esther An (third
                                                                                                                            from right) and the
                                                                                                                            other speakers at

        Economy
                                                                                                                            the “Building a Low
                                                                                                                            Carbon Economy:
                                                                                                                            The Role of Business”
                                                                                                                            session.
        Businesses in Singapore were urged to
        adopt sustainable low carbon practices             UN negotiations in Paris in December       play and the opportunities available to
        at the EU Climate Diplomacy Day held               (COP21). The business community            them, as well as the challenges they face.
        on 17 June at the Central Public Library.          plays a vital role in shaping economic
        Organised by the European Union                    development and the transition to a        Ms Esther An, CDL Chief Sustainability
        and the missions of other EU member                low carbon economy – the only way to       Officer graced the sharing session
        states, the event aims to raise as much            secure sustainable economic growth         “Building a Low Carbon Economy: The
        awareness as possible on the issue of              and prosperity.                            Role of Business”, as a panellist. She
        climate change and the need for action.                                                       shared her thoughts on how CDL is
                                                           This event brought together the business   already working with stakeholders to
        2015 is a defining year for climate                community in Singapore to discuss the      adopt sustainability practices, and that
        change as a new global climate                     benefits of low carbon economic growth,    more work is needed to instill the future
17      agreement will be negotiated at the                the role that business and NGOs can        generation with an eco-conscious mindset.                                                                                                                                                               18
                                                                                                                                                     CDL staff volunteers in high spirits at the CFD 2015. Over 250 employees volunteered their time at the annual Assisi carnival.
CARING CITY                                                                                                                                                                                                                                                                           JUL 2015

     Race Against Food Waste                                                                                                                   Building Blocks for a Greener Tomorrow
                                                                                                                                               In Singapore, buildings are responsible for one-third of energy use. In line with its ethos of “Conserving
                                                                                                                                               as we Construct”, CDL supported two recent eco-outreach community initiatives that sought to inspire
                                                                                                                                               greener living.

                                                                                                                                               BiG Day Out
                                                                                                                                               As part of a concerted effort to raise awareness about the
                                                                                                                                               importance of green buildings and eco-living in the community,
                                                                                                                                               the Building and Construction Authority (BCA) and Singapore
                                                                                                              Over 400 youth participants      Green Building Council (SGBC) held a weekend carnival at
                                                                                                              flagged off the CDL              Dhoby Ghaut Green.
                                                                                                              E-Generation Challenge
                                                                                                              2015 at City Square Mall,
                                                                                                                                               More than 2,000 visitors at the inaugural Build it Green (BiG) Day
                                                                                                              Singapore’s First Eco-mall.
                                                                                                                                               Out learnt about the importance of sustainable living through
                                                                                                                                               10 stations featuring interactive and educational green-themed
                                                                                                                                               games and activities.                                                     Guest-of-honour Mr Lee Yi Shyan, Senior Minister of State for National
     In Singapore, the amount of food           generation of leaders and will be the       together to overcome the various puzzles,                                                                                    Development and Trade and Industry (centre), BCA CEO Dr John Keung
     waste generated has increased              key group of consumers in the future.       the teams gained insights on the global                                                                                      (left) and SGBC President and CDL Group General Manager Mr Chia
                                                                                                                                               During the launch on 27 June, Guest-of-Honour Mr Lee Yi Shyan,            Ngiang Hong (right), jointly launched BiG Day Out by completing the
     by about 48% over the past                 Through the various challenges, the         scale of food wastage.
                                                                                                                                               Senior Minister of State for National Development and Trade               Singapore map with their green pledges (Photo courtesy of BCA).
     10 years, from 531,500 tonnes              participants have learnt that food waste
                                                                                                                                               and Industry, commended seven organisations which pledged
     in 2005 to 788,600 tonnes in               can and must be tackled holistically in     The CDL E-Generation Challenge
                                                                                                                                               their support for the BCA Green Mark Portfolio Programme, an
     2014. Food waste in Singapore              terms of minimisation, redistribution       2015 was supported by the Building
                                                                                                                                               initiative that encourages building tenants and landlords to green        He presented certificates to these organisations, which included
     is expected to rise further                and recycling.”                             and Construction Authority, National
                                                                                                                                               their premises by adopting energy-efficient features and other            CDL, McDonald’s and NTUC Fairprice, that have committed to
     with a larger population and                                                           Environment Agency, and the National
                                                                                                                                               eco-fittings.                                                             green at least 20 of their tenant premises within three years.
     greater affluence. Recognising             During the event on 11 July, participants   Parks Board. Event partners included City
     food waste as a pressing                   travelled by green modes of transport       Square Mall and Star Horizon Learning.
     environmental issue, CDL has               throughout the rally to overcome various

                                                                                                                                               Reduce @ North West
     adopted “Trace Your FOODprint”             stations which involved both physical       The inaugural competition in 2010 saw
     as the theme for its annual                challenges and knowledge-based puzzles.     over 260 youths participating. To-date,
     signature eco-race for youths                                                          into its sixth year, the CDL E-Generation
     this year.                                 Co-founder of The Food Bank Singapore,      Challenge has reached out to some                  Households in the North West District           The programme aims to see 10,000                     The enhanced Reduce @ North West
                                                Ms Nichol Ng said, “Reducing food           2,200 youths.                                      will be going green for a good cause.           households sign up for the energy audit              programme was launched on 11 July
     The CDL E-Generation Challenge             waste requires partnership from different                                                      For every household that registers for a        over the next three years. The combined              by Mr Patrick Tay, Grassroots Adviser to
     2015, co-presented with The Food           stakeholders. The Food Bank Singapore                                                          six-month energy audit, a S$10 donation         effort would save at least 130,000 kWh               Nee Soon East Grassroots Organisations,
     Bank Singapore, aims to foster greater     is proud to partner CDL in this eco-                                                           will be channelled to defray the utility bill   of energy, which is enough to power up               with Dr Teo Ho Pin, Mayor of North West
     consciousness about the environmental      initiative that helps youths appreciate                                                        of a needy family through the new North         close to 500 three-room flats for a month.           District as Special Guest.
     impact of food waste among over 400        the magnitude of this pressing issue.                                                          West Power Up Scheme.
     participants aged 17 to 25 years old.      We hope the participants will take home
                                                meaningful tips on reducing food wastage                                                       Backed by a S$100,000 contribution
     More importantly, the Challenge seeks      within the whole supply chain.”                                                                from CDL, 600 needy households in
     to cultivate a future generation of                                                                                                       North West District will benefit from their
     influencers to drive and advocate eco-     CDL Team Escapes the                                                                           neighbours’ green efforts over
     friendly practices and habits for a more   Hunger Game                                                                                    the next three years.
     sustainable future.
                                                To drive home the message on reducing                                                          This new Scheme is an enhancement to
     CDL’s Chief Sustainability Officer,        food wastage within CDL, the Group’s                                                           the Reduce @ North West programme,
     Ms Esther An said, “Reducing and           management and employees also came                                                             introduced in 2011, to educate and
     recycling food waste is part of the        together to form special teams that took    This year, to drive home the message on
                                                                                                                                               encourage residents living in North West
                                                                                            reducing food wastage within CDL, CDL Chief                                                        The event was graced by CDL Chief Sustainability Officer Ms Esther An (holding the banner,
     Sustainable Singapore Blueprint’s          a shot at the “Escape the Hunger Game”,                                                        Community District to do their part in
                                                                                            Sustainability Officer Ms Esther An (second                                                        fourth from left), Guest-of-Honour Mr Patrick Tay, Grassroots Adviser to Nee Soon East
19   goal towards a Zero Waste Nation.          a day before the CDL E-Generation           from left) and employees also took a shot at the   fighting climate change and reducing            Grassroots Organisations (holding the banner, fifth from left), and Special Guest Dr Teo Ho Pin,       20
     Our youths represent Singapore’s next      Challenge was held. Putting their heads     Escape Room station.                               energy consumption.                             Mayor of North West District (holding the banner, third from right).
You can also read