Honglong Holdings Consortium received a green loan of 692 million yuan in the Dengjia project

Dengjia is positioned as Singapore's first "forest town", and its development philosophy emphasizes ecological integration and sustainable urban life. The project design will include elements such as ecological green corridors, biodive...


Dengjia is positioned as Singapore's first "forest town", and its development philosophy emphasizes ecological integration and sustainable urban life. The project design will include elements such as ecological green corridors, biodiversity improvement, native phytoreal restoration and building digitalization to reduce environmental impacts and improve residents' quality of life.

This loan is provided in accordance with the "Green Loan Principle", led by DBS Bank (DBS) and served as the sole green loan consultant, with a financing amount of RMB 484 million, and the remaining RMB 208 million is provided by OCBC.

The

consortium also includes GuocoLand Limited and CSC Land Group.

This project is Singapore's first private green residential development plan, which will build about 860 residential units and supporting retail facilities. The project is expected to be launched in 2026.

A consortium led by Hong Leong Holdings received a green loan of RMB 692 million for the comprehensive project of Tengah.

DBS Bank issued a statement on Tuesday (June 3) to announce the news.



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