Metro Holdings will launch its first Singapore residential project in nearly two decades later this year and plans to further expand its footprint in China, it said yesterday.
A site at Prince Charles Crescent, which Metro is jointly developing with Wing Tai and UE E&C, will go on the market by the end of the third quarter, chairman Winston Choo said at a results briefing.
The project's ground-breaking is scheduled for June 4 and the Metro Holdings is looking to launch it at $1,500 psf at least, he said.
Source: The Straits Times –30 May 2013
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