Billionaire Kwek Leng Beng’s CDL Outbids Rivals With $422 Million Offer For Prime Singapore Site
- Posted on June 12, 2026
- By Forbes
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- 1 min read
Billionaire Kwek Leng Beng’s CDL Outbids Rivals With $422 Million Offer For Prime Singapore Site
City Developments—controlled by billionaire Kwek Leng Bang and his family— has been actively adding to its landbank amid robust residential demand in Singapore.