Singapore-based real estate company CapitaLand says it will construct a mixed development project in Chongqing worth Rmb21.1bn. The project is a partnership with CapitaMalls Asia, Singbridge Holdings and the Chongqing government.

The development will comprise a shopping mall and eight towers for residential, office, serviced residence and hotel use. It will have a total gross floor area of about 817,000 sq metres.