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CDL venture Sincere sees recovery in sales at Chengdu project

Vivienne Tay

Vivienne Tay

Published Thu, Nov 26, 2020 · 09:50 PM

Singapore

CHINA-BASED property developer Sincere Property Group on Thursday posted 150 million yuan (S$30.6 million) in sales for the first day of its third phase launch of its TianFengHe Mansion project in Chengdu, Sichuan province in China.

Singapore property developer City Developments Limited (CDL) acquired a 51 per cent stake in Sincere Property for 4.39 billion yuan in April this year.