25 Nov '15, 4am

#singapore #property CapitaLand China to see bumper sales this year: DBS expects FY2015... https://t.co/AJEBV4BWQs https://t.co/RB54jtapsc

#singapore #property CapitaLand China to see bumper sales this year: DBS expects FY2015... https://t.co/AJEBV4BWQs https://t.co/RB54jtapsc

Comment E-mail to friend Bookmark & Share DBS expects FY2015 to be a bumper year for CapitaLand China, which saw residential sales soar to RMB11.6 billion in Q3 – its highest level in four years. However, local media reports say the property developer is not letting its guard down and plans to roll out more strategies aimed at optimising profitability on its assets in China. CapitaLand is strengthening its presence within the country by focusing on Tier 1 and Tier 2 cities. DBS noted that there is no dearth in demand given the increasing foreign direct investments, improved connectivity and growing pool of workers. The company also plans to land-bank mergers and acquisitions as well as enter into joint ventures with partners having access to prime land. It is also open to partnering with local government agencies on urban renewal projects to access prime sites at a discoun...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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