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CapitaLand's Iskandar township project hits snag

It seeks 6-month extension on launch of first phase of S$3.2b township

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The Business Times understands that CapitaLand, South-east Asia's largest real estate developer, recently sought a six-month extension on the launch of its 900-unit high rise condominium, which is the first phase of a S$3.2 billion Danga Bay project, which spans some 28 ha on a man-made island - PHOTO: BLOOMBERG

[SINGAPORE] Amid growing anxiety over a glut of high-rise residences in Malaysia's Iskandar, a mega waterfront township project there appears to have hit a snag. The Business Times understands that CapitaLand, South-east Asia's largest real estate developer, recently sought a six-month extension

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