CapitaLand Development’s recent strategy in its home market has focused on rejuvenating major employment nodes with future-ready commercial space, then layering in housing and amenities to create durable work-live-play ecosystems. During the past year, this approach has shown up most clearly in Singapore Science Park and in transport-integrated suburban residential hubs.
At the former, where CapitaLand is master developer, owner and manager, the firm has shifted from standalone business park blocks to a curated life-sciences cluster called Geneo. The final and largest piece, 1 Science Park Drive, was completed in April 2025 via an S$883 million joint venture with CapitaLand Ascendas Reit (real estate investment trust), bringing Geneo to three Grade-A buildings and about S$1.4 billion of total investment.
It sold more than 87% of units in its opening weekend, demonstrating the firm’s edge in transport-linked, lifestyle-centric communities
Designed as a ‘mini city’, the cluster blends wet-lab-ready workspaces with retail, food and beverage outlets, and a 3,000-square-metre all-weather event plaza that supports community programming for researchers and tech tenants. Leasing traction has been strong, with roughly three-quarters of net lettable area already committed to life-sciences, biomedical and technology occupiers.
In the residential space, LyndenWoods – the developer’s first home development inside the park – sold more than 94% of its 343 units on day one, highlighting demand for housing embedded in innovation districts. In the suburbs, CapitaLand repeated its integrated-hub playbook at Parktown Residence in Tampines North, a 1,193-unit project above a retail podium and transport interchange. Launched in February 2025, it sold more than 87% of units in its opening weekend, demonstrating the firm’s edge in transport-linked, lifestyle-centric communities.
