The Business Times
business-time-50
PROPERTY INSIGHTS

GuocoLand shows its mettle at Lentor

google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Tue, Mar 19, 2024 · 01:59 PM
    • Senior correspondent Leslie Yee has been following developments surrounding the push to internalise the management of Sabana Industrial Real Estate Investment Trust.
    • Senior correspondent Leslie Yee has been following developments surrounding the push to internalise the management of Sabana Industrial Real Estate Investment Trust. BT SCREENSHOT

    LENTOR Hills estate in District 26 is proving to be fertile ground for Singapore-listed GuocoLand, whose major shareholder is tycoon Quek Leng Chan.

    GuocoLand is the predominant developer in the Lentor Hills estate. Its latest project in the area scored, with 400 out of 533 units or 75 per cent of the homes at 99-year leasehold development Lentor Mansion sold at its launch over March 15 and 16.

    GuocoLand is the majority partner in the project, which is jointly developed with Hong Leong Holdings.

    Property Insights

    TRENDING NOW

    The company says the disputes do not cast significant doubt on its ability to continue as a going concern.

    Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes

    BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

    How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

    BT visited Charlotte Vehicle’s business address on Monday during opening hours, but found the office closed.

    Car-rental firm Charlotte Vehicle allegedly owes about S$140,000 to 34 customers

    The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

    Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More