SINGAPORE (Oct 1): Hong Leong Holdings, the privately-held property development and investment arm of Hong Leong Group, on Monday announced the development of its second residential project in Chengdu, Springdale Park.

The exclusive 567-unit low density housing development is expected to be completed in 2020 and an estimated RMB 1.4 billion ($280 million) has been invested in this project.

With a gross floor area of about 118,000 sqm, Springdale Park was developed in response to Chengdu Municipal Government’s urban development strategy for the eastern suburbs, which includes a strategy "to expand eastwards” by spreading the city outwards to reshape its structure and industry mix.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook