This will make them a cornerstone investor alongside Alibaba, China state-owned Overseas Chinese Town Holding, and an associate company of Hong Kong-based Henderson Land Development.
UNIT prices of new condominiums in Singapore trended higher in the second quarter of this year, with the proportion of apartments priced under S$1 million falling to 24 per cent of new units sold, from 37 per cent in the first quarter, according to a report out on Monday.