The apple of Singaporean developers’ eye

ThanhNien News
7 Mar 2008

Many of Singapore’s largest property firms, including CapitaLand and Keppel Land, have already launched big projects in Vietnam.

UOL Group Ltd., the city-state’s fourth largest developer by assets, announced its plans to operate in Vietnam on Wednesday.

Singapore’s real estate market grew “too fast and too high,” said Kam Tin Seah, senior general manager for investments at UOL.

“It’s better to find our niche market overseas.”

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