Cheung Kong Property eyeing GLS sites

Singapore

CHEUNG Kong Property Holdings Limited, which is slated to commence sales for its eighth residential project in Singapore next month, is keen to clinch more sites under the Government Land Sales (GLS) programme - be it commercial, residential, or mixed-use sites.

Group executive director Justin Chiu indicated that Cheung Kong wants to be more active in property development in Singapore and is interested in sites near the Marina Bay Financial Centre (MBFC), jointly developed by the group and its partners Hongkong Land and Keppel Land.

"We have looked at the whole list and there are some pieces of land we are interested in and we are talking to some partners," he told BT. "If we can form a partnership,…