Singapore conglomerate Hong Leong Group has said the next part of its regional growth plans will involve budget hotel projects. It is looking to avoid the high costs of entry in saturated markets like Shanghai. However, Hong Leong said while it welcomes the cooling measures in China to avoid a bubble, their full effect on the market is yet to be seen. China's cities are expanding and pushing up land...
Hong Leong
Hong Leong Holdings said it plans to build a unique residential development on a land parcel at Serangoon Avenue 3. The developer said the project will be cutting edge in both design and concept. It will feature over 400 units, which will be sized according to the needs of customers within the area. The 99-year leasehold site has a permissible gross floor area of about 418,000 square feet. The company...
Hong Leong Holdings has said it will hold a preview of its latest development, The Gale, on Friday. It will also start taking bookings for up to 80 units during the preview. The freehold condominium in Changi has 329 units in all. At the preview, the available units will be priced from S$600 to S$700 per square foot. Buyers will also have the option to take up the Interest Absorption Scheme, under which...
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