CDL of Singapore’s 2nd richest man Kwek Leng Beng posts slump in Q1 property sales
Tomas Kauer - News Moderator 
City Developments, controlled by billionaire Kwek Leng Beng, posted S$609.6 million (US$476.4 million) in Singapore property sales for the first quarter of 2026, down 68% year-on-year amid a lack of large-scale launches. 
