Lai Kok Heng

Lai Kok Heng

Senior Manager, City Developments Limited

City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 100 locations in 28 countries. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls.

With a proven track record of over 50 years in real estate development, investment and management, CDL has developed over 40,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified land bank offers a solid development pipeline in Singapore as well as its key overseas markets of China, UK, Japan and Australia. The Group’s London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), is one of the world’s largest hotel chains, with over 135 hotels worldwide, many in key gateway cities.

Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.

Mr Lai Kok Heng helped set up the CDL Green Living together with Singapore Green Building Council in September 2015. Green Living is a first lifestyle event focusing on the eco-conscious users. It is conceptualized as Singapore’s dedicated sustainability and design show and showcases products and services with clear sustainability focus & commitment. It is targeted at the business community and the public, with the aim to foster networking, education and facilitate buying and selling of readily accessible green-friendly products available in the market. Green Living is organized around the 3 pillars of modern life, LIVE, WORK & PLAY

Mr Lai involved in the creation of ‘My Tree House’. ‘My Tree House’ is the world’s 1st Green Library for Kids in collaboration with the Singapore National Library Board. The objective is to inculcate from young a generation of green library users who will become Environmentally Literate adults. My Tree House is steered by green principles in all facets from design, infrastructure and use of sustainable materials, to collection and programming.

Mr Lai pioneered the adoption of the Cobiax construction method for CDL (a light, flat and biaxal slab system) that reduces deflection, foundation loads, building elements, reinforcement and overall structural weight and damage risk. Less concrete is used due to a reduction in number of columns by 40% and the slab weight by up to 35% .One such development that uses this technology is Volari, an exclusive 85-unit, 12-storey luxurious residence that is designed to fully embrace an architectural concept that is as green as its surroundings.

Mr Lai also involved in in the collaboration to develop heat recovery System (HRS) with air conditioning company, Daikin (Singapore). This is the first in Singapore for residential development. The Heat Recovery System is a proprietary system developed by Daikin to harness waste heat from DX split units air-conditioning system during the refrigerant cycle to heat up water in the storage water heater tanks. By preheating the water, the energy required to heat up the water in the storage water heater tanks will be reduced, thereby saving energy to heat up the tank by electrical resistance or other means. The hot water could be used to serve the domestic needs of shower points and bath tubs.

Mr Lai is member of the Technical Committee for BCA’s Good Industry Practices Guide on Engineered Wood Flooring. The Committee plays an advisory role to provide comments and guidance on the content of the Guide. Completed numerous Residential and Mixed developments from planning up to completion of the projects including managing defects.