Singapore

ROXY-PACIFIC Holdings has partnered Tong Eng Group's managing director Teo Tong Lim to acquire another residential site - this time the freehold Wilshire in District 10 - for S$98.8 million.

The 39,130 sq ft site has been collectively sold to a joint venture between Roxy-Pacific subsidiary RP Ventures, which has a 40 per cent stake, and Mr Teo's private family office TE2 Development, which holds 45 per cent. The remaining 15 per cent is held by Kim Seng Holdings.