Chong Xin Wei
- Indexed articles, last 90 days
- 61
- Latest publication
- Oct 1, 2026
- Outlet visibility, for The Business Times
- Top 50K sites
- Earliest in this view
- Jul 8, 2026
Latest articles
Canberra Drive EC site draws crowd of 13 bids; top offer of S$825 psf ppr from Santarli-led JV sets record (opens the original)
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This exceeds analysts’ forecasts for the first EC land tender since the new rules kicked in [SINGAPORE] A consortium comprising Santarli Realty, Heeton Holdings, Sunray and Kay Lim Realty has set a fresh benchmark for executive condominium (EC) land prices, with its bid for a small Canberra Drive site beating out 12 other bidders in a state tender that closed on Thursday (Oct 1). At S$163.9 million, the bid translates to S$825 per square foot per plot ratio (psf ppr), surpassing the S$630 to S$7
Canberra Drive EC site draws crowd of 13 bids; top bid of S$825 psf ppr from Santarli-led JV sets record (opens the original)
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The top offer exceeds analysts’ forecasts for the first EC land tender since the new rules kicked in [SINGAPORE] A consortium led by Santarli Realty, Heeton Holdings and Kay Lim has set a fresh benchmark for executive condominium (EC) land prices, with its bid for a small Canberra Drive site beating out 12 other bidders in a state tender that closed on Thursday (Oct 1). At S$163.9 million, the bid translates to S$825 per square foot per plot ratio (psf ppr), surpassing the S$630 to S$750 psf ppr
Brokers maintain ‘buy’ on CDL despite investor reservations over strategic review (opens the original)
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Concerns include lack of ROE targets, potential earnings dilution and planned investments in China and Japan [SINGAPORE] Brokers retained their positive calls on City Developments Ltd (CDL) following its much-anticipated strategic review, as potential interest savings and gains from asset sales underpin their optimism despite a lukewarm investor response. The counter has come under pressure since the property giant unveiled the outcome of its review on Monday (Sep 28), with RHB analyst Vijay Nat
‘My grandfather’s legacy’: Sherman Kwek lays out three-year plan for CDL to drive returns (opens the original)
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The group plans S$6 billion in divestments, S$5 billion in investments and a fresh thrust into China and Japan [SINGAPORE] After nearly a year of scrutinising the sprawling portfolio of City Developments Ltd (CDL), group CEO Sherman Kwek has a clear idea of what the property giant should build on, what it should sell – and where it wants to grow next. “I want to perpetuate the legacy of our family, especially (that of) my grandfather, who had a very deep and meaningful influence on me when I was
CDL to hire dedicated CEO for fund management as it steps up push into private funds (opens the original)
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The property giant is seeking to double its AUM to S$10 billion by FY2029 [SINGAPORE] City Developments Ltd (CDL) is making a renewed push into private funds, with plans to hire a dedicated chief executive and management team as it seeks to double its assets under management (AUM) to S$10 billion by FY2029. The move marks a more concerted attempt by the property giant to build fund management after an earlier target, set in 2018, to grow its fund-management AUM to US$5 billion by 2023 did not ma
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For The Business Times, the outlet · Measured Aug 1, 2026
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