CK Asset hunting for land, JV collaboration in Singapore

HONG KONG-listed CK Asset Holdings is looking to purchase land in Singapore and exploring the possibility of a joint venture with Hongkong Land and Keppel Land on a large commercial project, said its executive director.

Justin Chiu told The Business Times (BT) on Thursday (Jul 14) while on a visit here that he held meetings with both companies, which the developer had previously collaborated with to develop the Marina Bay Financial Centre.

“The office market is becoming very strong, even the retail market,” he said, adding that given the scale of the 3 companies, they need a “huge development to justify the effort”.