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Malaysian Billionaire Jeffrey Cheah’s Sunway To Buy MCL Land In Singapore Property Push

Sunway Group's acquisition includes 2,700 development units worth S$2.9 billion, marking its largest deal and expanding its Singapore property investments beyond S$1.2 billion.

Summary by Forbes
Sunway has been stepping up investments in the city-state, which has recorded robust residential sales in recent months despite prevailing property curbs.

3 Articles

ForbesForbes
Center

Malaysian Billionaire Jeffrey Cheah’s Sunway To Buy MCL Land In Singapore Property Push

Sunway has been stepping up investments in the city-state, which has recorded robust residential sales in recent months despite prevailing property curbs.

·United States
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The Straits TimesThe Straits Times
Lean Right

Sunway group to buy Hongkong Land’s property arm MCL Land for $738.7 million

This transaction marks Sunway’s largest deal to date. Read more at straitstimes.com.

·Singapore
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Business TimesBusiness Times

Sunway Group to buy Hongkong Land’s property arm MCL Land for S$738.7 million

Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway Group in a S$738.7 million cash deal, the companies said on Thursd...

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Business Times broke the news in on Thursday, September 18, 2025.
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