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SG CapitaLand sets goals for Singapore, China

Property Here - Thursday, June 13, 2013

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By Shabnam Muzammil:

Property developer CapitaLand has revealed its growth strategies for its business in Singapore and China during a presentation at the Nomura Investment Forum Asia.

According to reports, the developer’s residential arm in Singapore will participate in more land tenders, as well as improve economies of scale in procurements and expand value to customers. Meanwhile, its office segment and REITs will tap more opportunities going forward.

In China, the company’s growth strategy includes targeting first-time home buyers as well as upgraders, by developing well-renowned brands that provide efficient access to amenities. CapitaLand is also reviewing its existing mass housing projects, and plans to build bigger projects in the future.

Shabnam Muzammil, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email