CapitaLand Says Boom in China Property Not a Bubble

BusinessWeek, 10 Mar 2010
March 11 (Bloomberg) -- CapitaLand Ltd., which has Chinese properties valued at more than $14 billion, said demand in China is “strong” and the real estate boom can’t be called a bubble.
Still, the Singapore-based developer said it was “comforting” that the Chinese government is taking steps to rein in the market, according to a CapitaLand presentation filed to the Singapore Exchange today. Full Story