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Small-city homes
Last Updated(Beijing Time):2006-09-11 12:27
CapitaLand Ltd is in talks with a partner to build as many as 30,000 mid-range homes in China's smaller cities, including Chengdu, the Business Times reported, citing Chief Executive Officer Liew Mun Leong.

That will more than double CapitaLand's target for new homes in smaller cities, the newspaper said. CapitaLand, Southeast Asia's biggest real estate company, said in May it formed a venture that will develop as many as 25,000 homes in Chengdu, a city in southern China. Discussions with the Chinese party were in preliminary stages, the report cited Liew as saying. He didn't identify the company.
Source:Shanghai Daily