Nov. 30, 2009 (China Knowledge) - Singapore-listed real estate developer Yanlord Land Group Ltd announced that it has started construction on its latest residential property project in Pudong New Area, Shanghai.

Located in Pudong's new prime residential district, the 320,000-sq m Waigaoqiao Land project is going to be built on the sites of two pieces of land acquired by Yanlord in July 2008 and September 2009 respectively.

Since its foray into the Chinese market in 1993, Yanlord has already developed a number of large scale residential properties in Shanghai and Nanjing. Yanlord Waigaoqian Land is Yanlord's sixth-largest project in the Pudong New Area. It also has developments in six other Chinese cities, Suzhou, Chengdu, Guiyang, Tianjin, Zhuhai and Shenzhen.

Listed on the mainboard of the Singapore Stock Exchange, Yanlord is one of China's top 10 foreign real estate developers.