{
  "id": 8224566,
  "title": "EcoWorld makes maiden foray into Singapore property market with RM667mil land win",
  "url": "https://urgent.news/2026/09/18/ecoworld-makes-maiden-foray-into-singapore-property-market-with",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-18T10:19:26.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1535602/ecoworld-makes-maiden-foray-singapore-property-market-rm667mil"
  },
  "original_language": "en",
  "account": null,
  "summary": "EcoWorld Development Group has successfully secured a prime residential site in Singapore for a tender price of approximately RM667.6 million. The 4,283.4 sq m land parcel, located at Lorong Puntong/Sin Ming Avenue within the Bishan planning area, will be developed into residential condominiums or flats with a maximum permissible gross floor area of 11,994 sq m. The acquisition is a 99-year lease and marks EcoWorld's maiden foray into the Singapore property market. The site's strong connectivity and proximity to key amenities, such as the Bright Hill MRT station and several retail and nature destinations, are expected to attract affluent upgraders and multi-generational families. EcoWorld's CEO, Datuk Seri Chang Khim Wah, expressed delight at the company's debut as a property developer in Singapore and highlighted the project's alignment with the company's strategy to expand its development pipeline and geographically diversify its earnings base.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}