CapitaLand Net Rises Fivefold on Home Sales, Gains (Update2) (Bloomberg.com)

July 31 (Bloomberg) -- CapitaLand Ltd., Southeast Asia's largest developer, said second-quarter profit rose fivefold to a record as it sold more homes in Singapore and China and the value of assets including Clarke Quay surged. The stock posted its biggest gain in more than a month.