SUBSCRIBERS

CapitaLand set for strong China residential revenue for Q4

Group will be handing over 9,800 sold residential units with a total value of 14b yuan from Q4 onwards

Kalpana Rashiwala
Published Wed, Nov 9, 2016 · 09:50 PM

Singapore

CAPITALAND is set to make a strong showing for the fourth quarter from its China residential business.

President and group CEO Lim Ming Yan said the group will begin handing over about 9,800 sold residential units with a total value of about 14 billion yuan (S$2.9 billion) from Q4 2016 onwards - with about 40 per cent of this value expected to be recognised in Q4 2016.

"We…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here