CapitaLand to remain aggressive but disciplined in land bidding: CEO

Singapore

CAPITALAND will continue to be "aggressive but disciplined" when tendering for land to bulk up its Singapore residential land bank, president and group CEO Lim Ming Yan said at the company's results briefing on Thursday.

This was in response to an analyst's question regarding its bullish bid for a mixed-use Bidadari site, which was eventually sold to a consortium linked to Singapore Press Holdings and Kajima Development for S$1.132 billion, or S$1,181 per sq ft per plot ratio (psf ppr), in June.