Tulip Gardens

Chinese real estate developer Yanlord Land Group Limited is “red hot”, and if its pre-sale figures are anything to go by, the company is on its way to exceeding a RMB 70 billion ($13.92 billion) sales target, says KGI Securities.

SINGAPORE (Apr 12): Asia Radiant, a joint venture entity between Yanlord Land Group and Hongkong Land Holdings’ MCL Land, has won the tender for the en bloc sale of Tulip Garden with a bid of $906.9 million.