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Liang Court redevelopment a 'four-way win' for local real estate heavyweights, says DBS

Uma Devi
Uma Devi11/25/2019 04:25 PM GMT+08  • 6 min read
Liang Court redevelopment a 'four-way win' for local real estate heavyweights, says DBS
SINGAPORE (Nov 25): As property heavyweights CapitaLand, City Developments (CDL), CDL Hospitality Trusts (CDLHT) and Ascott Residence Trust (Ascott REIT) band together to in a bid to redevelop the Liang Court site into an integrated development, market wa
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SINGAPORE (Nov 25): As property heavyweights CapitaLand, City Developments (CDL), CDL Hospitality Trusts (CDLHT) and Ascott Residence Trust (Ascott REIT) band together to in a bid to redevelop the Liang Court site into an integrated development, market watchers opine that all four developers are poised to gain attractive returns.

On Nov 21, it was announced that the site – comprising Liang Court mall, Novotel Singapore Clarke Quay (NCQ) hotel and serviced residence Somerset Liang Court Singapore – would be turned into an integrated development.


See: CityDev, CapitaLand lead consortium to redevelop Liang Court site at Clarke Quay

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