While Lendlease has expertise in senior living, it does not yet see itself capitalising on that in Singapore. Chief executive for Asia Tony Lombardo says that would require land to be specially designated for such use, and come with a low price.
BT PHOTO: YEN MENG JIIN
THE progressive opening of the S$3.2 billion mega-mixed use development Paya Lebar Quarter (PLQ) starting from this year represents an important milestone for developer Lendlease in Singapore.
It is the first time the Australian-listed group has delivered a residential product in decades...