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
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.
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