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Higher rates 'will have an impact', says Asian property firm

Singapore's CapitaLand says its profit for the three months to the end of June rose 14.5% from a year earlier.

That was despite a fall in revenue because of weaker home sales in Singapore and China.

South East Asia's largest property developer is grappling with the prospect of higher interest rates and tougher regulation against speculators.

The firm's Chief Executive Lim Ming Yan told the BBC's Sharanjit Leyl how he is trying to mitigate the risks in those key markets.

Watch more reports on Asia Business Report's website.

  • 06 Aug 2014
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