Photo by Create Wealth

PROPERTY firm CapitaLand announced yesterday that it has a pipeline of 14,000 homes in China and plans to launch an average of 5,000 units a year there with its strategic partners.

The announcements came as CapitaLand celebrated the 15th anniversary of its entry into China with a gala dinner. The festivities were held at Shanghai Port yesterday.

It aims to grow the figure to around $10 billion over the next three to five years. Its China arm will then constitute between 35 per cent and 45 per cent of the group’s total business.
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