Jonathan Yap

Jonathan Yap is CEO of CapitaLand Development (CLD), the development arm of CapitaLand Group, one of Asia’s largest diversified real estate groups. As CEO, he guides the CLD leadership team in scaling up CapitaLand’s development capabilities across diverse sectors in its core markets as the company capitalises on real estate opportunities fuelled by megatrends.  

Jonathan has more than 30 years of experience in real estate across Asia. Before his appointment as CEO of CLD on 5 June 2023, Jonathan was with CapitaLand Investment (CLI), the listed real estate investment management business of CapitaLand Group. He last held the position of CEO, Listed Funds, responsible for driving the growth and management of CLI’s listed funds platform, its asset operating platforms in Singapore and Malaysia as well as its India business.  

Jonathan joined CapitaLand Group in July 2019 after the company combined with Ascendas-Singbridge (ASB). As President of CapitaLand Financial, he oversaw the Group’s listed and private funds as well as its India business. Jonathan was key in steering the growth strategies of CapitaLand’s listed funds, including REIT mergers and mandate refinements.  

Jonathan was the Chief Operating Officer and Group Chief Financial Officer of ASB from 2017, before which he served concurrently as the Chief Investment Officer and Head of Real Estate Funds of ASB since ASB’s inception via a merger of Ascendas and Singbridge in 2015. Before ASB, Jonathan was with the Ascendas Group since 2004, where he held several leadership roles including Assistant Group CEO (Funds and India) and CEO of India.  

Prior to Ascendas, Jonathan was with Lendlease, Tan Chong Realty and Inland Revenue Authority of Singapore.  

Jonathan holds a Bachelor of Science in Estate Management (Honours) and a Master of Science in Project Management from the National University of Singapore.‍

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