Lendlease eyes more urban regeneration projects in Singapore, KL
The Singapore government's drive towards smart cities and sustainability are also reasons for its appeal
Singapore
AUSTRALIAN developer Lendlease has identified Singapore and Kuala Lumpur as the key Asian markets where it hopes to win another three to four urban rejuvenation projects over the next five years, on top of the current two projects in these countries.
This would take its development pipeline for urban rejuvenation in Asia past the A$15 billion (S$16 billion) mark, up from the current A$6 billion, said Lendlease Asia CEO Tony Lombardo.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand