Utilize the input text as a context reference, choose the right relationship between CapitaLand and Singapore from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

What I'd like to leave with you is that if you look at our core cities, our core countries where we have workspace product, in Singapore and in China, there is a very good balance between downtown core CBD type of offices as well as decentralized business park product, which means that within the CapitaLand system, we have the ability to offer workspaces that cater to both companies that desire to maintain a strong CBD presence or are needed to do so.

Answer: headquarters_location