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GuocoLand obtains S$730m green loan for Tan Quee Lan project
Published Tue, May 19, 2020 · 09:50 PM
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Singapore
GUOCOLAND has obtained a S$730 million green club loan from OCBC Bank, DBS Bank and ICBC Singapore Branch for the construction of a new luxury residential cum commercial development at Tan Quee Lan Street.
Proceeds from the loan will go towards financing the project, including efforts in sustainable development, water and energy conservation, as well as adopting immersive urban greenery and landscaping.
The development is expected to meet the criteria to receive …
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