SINGAPORE PRESS-Two S'pore developers unveil overseas residential projects-Straits Times

Wed, 22 Jan - 12:03pm

Two Singapore developers unveiled plans to develop sites overseas for residences, the Straits Times Daily reported.

Stamford Land Corp Ltd SFLD.SI has lodged an application to redevelop a heritage site in Sydney, Australia.

The mainboard-listed company said in a statement that the proposal for the development of 93-97 Macquarie Street, where its Sir Stamford Circular Quay hotel currently stands, includes retaining and adapting the former Health Department Building.

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In Indonesia, Keppel Land KLAN.SI has agreed to acquire a three-hectare site for about 400.8 billion rupiah ($33 million) in West Jakarta where it will develop a high-rise condominium with ancillary shophouses for sale.

NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 12132.5000 Indonesian rupiahs) ($1 = 1.2785 Singapore dollars)

(Compiled by Brian Leonal; Editing by Prateek Chatterjee)

((leonal.brian@thomsonreuters.com)(+65 6403 5663))

Keywords: SINGAPORE PRESS/REALTY

URN: 
urn:newsml:reuters.com:20140122:nL3N0KW0ZF:3
Topics: 
REAM REAL REOP REA SG FINS AU CMPNY ASIA EMRG LEN PRESS RTRS ID ASEAN

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