SINGAPORE (Dec 13): The redevelopment of Liang Court will not only benefit CDL Hospitality Trusts (CDLHT) and Ascott Residence Trust (Ascott REIT) but also City Developments (CDL) and its joint-venture (JV) partner CapitaLand.

The Liang Court site is 12,925.4 sq m and has a current built-up area of more than 109,000 sq m. The 403-room Novotel Clarke Quay takes up 34,908.7 sq m of gross floor area and the 197-room Somerset Liang Court, owned by Ascott REIT, 28,203.85 sq m. The rest of GFA is taken up by a retail mall.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply