The ORIE Developers
The ORIE is within short walk to Braddell MRT. it’s jointly developed by three very well-established developers. They are City Developments Limited (CDL), Frasers Property and Sekisui House.
1. City Developments Limited (CDL)
City Developments Limited (CDL) is a major real estate developer from Singapore. It has a long history and a strong presence around the world. Founded in 1963, CDL has grown to be one of the biggest property developers in Singapore. It works in 29 countries and manages more than 163 places globally.
History and Development
- Founding: CDL started in a small office with only eight employees. It quickly grew by finishing its first project, Fresh Breezes, in Johor Bahru in 1965. The next year, in 1966, they launched City Towers, which was Singapore’s first high-rise residential project.
- Acquisition by Hong Leong Group: In 1969, the Hong Leong Group bought a major part of CDL. This helped them branch out into different types of properties, like shopping malls and mixed-use developments.
- New Ideas: CDL was one of the first to use the “show flat” idea for selling properties. They also lead the way in eco-friendly building practices and have won several awards for their green buildings.
Current Operations
CDL has a wide range of properties. These include homes, office buildings, hotels, and mixed-use developments. The company has built more than 50,000 homes and owns around 21 million square feet of space around the world. Some important projects are:
- Sengkang Grand Mall: A development that has homes and shops in one place.
- Newport Plaza: Known for being eco-friendly, it is Singapore’s first development to earn the BCA Green Mark Platinum Super Low Energy certification.
Sustainability Initiatives
CDL is dedicated to sustainable development. They work on projects to cut carbon emissions and improve energy use. The company has won several awards for promoting green buildings and sustainable practices in real estate.
In short, City Developments Limited is a leader in the real estate market in Singapore and beyond. It is known for its new projects and effort to be sustainable.
2. Frasers Property
Frasers Property is a global real estate and property management group based in Singapore. It has a strong presence in Asia, Australia, Europe, and the UK. The company focuses on developing, owning, and managing a wide variety of properties. These include homes, offices, hotels, shops, and industrial sites.
- Foundation: The company started as Frasers Centrepoint Limited in 2000. This happened when Centrepoint Properties and Frasers Property Holdings joined together. In 2018, it changed its name to Frasers Property to create a strong global identity.
- Ownership: It belongs to the Thai group TCC Group, which is owned by billionaire Charoen Sirivadhanabhakdi.
Business Structure
- Frasers Property works through several important business areas: Frasers Property Singapore: This area works on homes, shopping malls, and business properties. It is known as a top owner of shopping malls in Singapore.
- Frasers Property Australia: This unit looks after different homes and business properties all over Australia.
- Frasers: This part provides serviced apartments and hotel rooms in more than 70 cities around the world. It includes brands like Fraser Suites and Capri by Fraser.
- Frasers Property Industrial: This branch focuses on logistics and industrial properties in several places.
Key Developments
- Retail Malls: Runs 12 shopping malls in Singapore, including key spots like Causeway Point and Northpoint City.
- Residential Projects: Built more than 22,000 homes under the Frasers brand name.
- Mixed-Use Developments: Works on large projects that combine living areas, shops, and businesses.
Sustainability Initiatives
Frasers Property cares about building in a way that is good for the environment. They have started several plans to lower their carbon footprint. They also focus on using less energy in their buildings. Many people have praised them for their work, including
With operations in many countries, Frasers Property is an important name in the global real estate market. The company supports several Real Estate Investment Trusts (REITs) listed on the Singapore Exchange (SGX). This includes Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust. In short, Frasers Property is a diverse real estate group. It focuses on sustainable practices and has a strong range of properties that serve different market needs around the world.
3. Sekisui House
Sekisui House, Ltd. is a top Japanese company. It focuses on designing, building, and managing homes. The company started on August 1, 1960, and it is based in Osaka, Japan. Sekisui House is known for its quality and new ideas in housing.
Company Overview
Foundation: Sekisui House started with a goal to create homes that improve the quality of life. Over the years, it has grown to be one of the largest home development companies in the world, having built more than 2.6 million homes.
Employee Base: The company has about 29,000 people working around the globe. It is publicly traded on the Tokyo and Nagoya Stock Exchanges with the stock code 1928.
Business Segments
Sekisui House has several important business parts.
Custom Detached Houses: This involves designing and building homes that are made to fit the specific needs of each customer.
Rental Housing: This includes designing and building places for people to rent, as well as facilities for medical and nursing care.
City Redevelopment: Focuses on building shops and office spaces.
International Operations: It increases its reach by selling single-family homes and condos in other countries.
Sustainability Initiatives
The company works on sustainability, especially with its Net-Zero Energy Homes (ZEH) program. Sekisui House has built more than 80,000 ZEHs in Japan. This aims to reduce energy use and support eco-friendly living. Since 2001, the company has also planted over 19 million trees worldwide as part of its efforts for the environment.
Key Projects and Innovations
Sekisui House is famous for its new construction methods and styles. One important product is SHAWOOD, a brand of wooden homes. It offers design choices but still meets high-quality standards. This method aims to create a worldwide standard for building wooden homes.
In short, Sekisui House is a leader in building homes. It is known for its focus on quality, new ideas, and being friendly to the environment. For more than sixty years, the company has changed homes in Japan and around the world.