Singapore's first is only third in Asia.
Data obtained from CIMB show that CapitaLand emerged as Singapore's most valuable property developer based on market capitalization.
Capitaland has US$11.96bn net worth or accounts for a fifth of Singapore's market.
It is closely followed by Global Logistics Properties with US$10.38 bn market cap.
Rounding up to the top five are City Developments, CapitaMalls Asia and Keppel Land.
Region-wide however, CapitaLand only ranked third, following Hk-based firms China Overseas Land and China Resources Land.
Only three of Singapore's most valuable property developers made it to Asia's top 10.
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